INTER PARFUMS INC (IPAR)
US4583341098 - Common Stock
Taking everything into account, IPAR scores 6 out of 10 in our fundamental rating. IPAR was compared to 37 industry peers in the Personal Care Products industry. IPAR has an excellent profitability rating, but there are some minor concerns on its financial health. IPAR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IPAR was profitable.
IPAR had a positive operating cash flow in the past year.
In the past 5 years IPAR has always been profitable.
Each year in the past 5 years IPAR had a positive operating cash flow.
1.2 Ratios
IPAR's Return On Assets of 10.35% is amongst the best of the industry. IPAR outperforms 83.78% of its industry peers.
With an excellent Return On Equity value of 19.72%, IPAR belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
With an excellent Return On Invested Capital value of 16.61%, IPAR belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
IPAR had an Average Return On Invested Capital over the past 3 years of 15.72%. This is above the industry average of 13.62%.
The last Return On Invested Capital (16.61%) for IPAR is above the 3 year average (15.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.35% | ||
| ROE | 19.72% | ||
| ROIC | 16.61% |
ROA(3y)9.34%
ROA(5y)7.91%
ROE(3y)18.9%
ROE(5y)15.34%
ROIC(3y)15.72%
ROIC(5y)13.38%
1.3 Margins
The Profit Margin of IPAR (10.50%) is better than 86.49% of its industry peers.
In the last couple of years the Profit Margin of IPAR has grown nicely.
The Operating Margin of IPAR (17.22%) is better than 86.49% of its industry peers.
IPAR's Operating Margin has improved in the last couple of years.
The Gross Margin of IPAR (55.01%) is comparable to the rest of the industry.
IPAR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.22% | ||
| PM (TTM) | 10.5% | ||
| GM | 55.01% |
OM growth 3Y13.62%
OM growth 5Y6.36%
PM growth 3Y17.8%
PM growth 5Y7.79%
GM growth 3Y1.27%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
IPAR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
IPAR has about the same amout of shares outstanding than it did 1 year ago.
IPAR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, IPAR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.49 indicates that IPAR is not in any danger for bankruptcy at the moment.
The Altman-Z score of IPAR (6.49) is better than 81.08% of its industry peers.
IPAR has a debt to FCF ratio of 16.88. This is a negative value and a sign of low solvency as IPAR would need 16.88 years to pay back of all of its debts.
The Debt to FCF ratio of IPAR (16.88) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.18 indicates that IPAR is not too dependend on debt financing.
IPAR has a Debt to Equity ratio of 0.18. This is comparable to the rest of the industry: IPAR outperforms 54.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 16.88 | ||
| Altman-Z | 6.49 |
ROIC/WACC1.9
WACC8.76%
2.3 Liquidity
IPAR has a Current Ratio of 2.75. This indicates that IPAR is financially healthy and has no problem in meeting its short term obligations.
IPAR has a Current ratio (2.75) which is comparable to the rest of the industry.
A Quick Ratio of 1.43 indicates that IPAR should not have too much problems paying its short term obligations.
IPAR's Quick ratio of 1.43 is in line compared to the rest of the industry. IPAR outperforms 56.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The earnings per share for IPAR have decreased by -0.46% in the last year.
IPAR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.53% yearly.
The Revenue has grown by 15.88% in the past year. This is quite good.
IPAR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.29% yearly.
EPS 1Y (TTM)-0.46%
EPS 3Y58.63%
EPS 5Y22.53%
EPS growth Q2Q-24.4%
Revenue 1Y (TTM)15.88%
Revenue growth 3Y34.71%
Revenue growth 5Y14.29%
Revenue growth Q2Q3.93%
3.2 Future
IPAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.64% yearly.
Based on estimates for the next years, IPAR will show a quite strong growth in Revenue. The Revenue will grow by 10.30% on average per year.
EPS Next Y10.58%
EPS Next 2Y11.47%
EPS Next 3Y11.64%
EPS Next 5YN/A
Revenue Next Year10.36%
Revenue Next 2Y9.63%
Revenue Next 3Y10.3%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.69, which means the current valuation is very expensive for IPAR.
The rest of the industry has a similar Price/Earnings ratio as IPAR.
When comparing the Price/Earnings ratio of IPAR to the average of the S&P500 Index (28.60), we can say IPAR is valued inline with the index average.
IPAR is valuated rather expensively with a Price/Forward Earnings ratio of 21.09.
IPAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IPAR is cheaper than 62.16% of the companies in the same industry.
IPAR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.69 | ||
| Fwd PE | 21.09 |
4.2 Price Multiples
IPAR's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as IPAR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 438.94 | ||
| EV/EBITDA | 15.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of IPAR may justify a higher PE ratio.
PEG (NY)2.71
PEG (5Y)1.27
EPS Next 2Y11.47%
EPS Next 3Y11.64%
5. Dividend
5.1 Amount
IPAR has a Yearly Dividend Yield of 2.39%.
Compared to an average industry Dividend Yield of 5.54, IPAR pays a better dividend. On top of this IPAR pays more dividend than 83.78% of the companies listed in the same industry.
IPAR's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
On average, the dividend of IPAR grows each year by 24.38%, which is quite nice.
IPAR has been paying a dividend for at least 10 years, so it has a reliable track record.
IPAR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)24.38%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
IPAR pays out 60.20% of its income as dividend. This is not a sustainable payout ratio.
IPAR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.2%
EPS Next 2Y11.47%
EPS Next 3Y11.64%
INTER PARFUMS INC
NASDAQ:IPAR (5/17/2024, 7:06:26 PM)
After market: 124.5 0 (0%)124.5
-0.82 (-0.65%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.99B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.69 | ||
| Fwd PE | 21.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.71
PEG (5Y)1.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.35% | ||
| ROE | 19.72% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.22% | ||
| PM (TTM) | 10.5% | ||
| GM | 55.01% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-0.46%
EPS 3Y58.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y10.58%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.88%
Revenue growth 3Y34.71%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y