FORVIA (1FRVIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1FRVIA - FR0000121147 - Common Stock
14.39 EUR
+0.64 (+4.65%)
Overall 1FRVIA gets a fundamental rating of 3 out of 10. We evaluated 1FRVIA against 32 industry peers in the Automobile Components industry. 1FRVIA has a bad profitability rating. Also its financial health evaluation is rather negative. 1FRVIA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year 1FRVIA was profitable.
- In the past year 1FRVIA had a positive cash flow from operations.
- 1FRVIA had negative earnings in 4 of the past 5 years.
- 1FRVIA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of 1FRVIA (-1.58%) is worse than 71.88% of its industry peers.
- 1FRVIA has a worse Return On Equity (-12.49%) than 75.00% of its industry peers.
- 1FRVIA has a Return On Invested Capital of 5.82%. This is comparable to the rest of the industry: 1FRVIA outperforms 56.25% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 1FRVIA is in line with the industry average of 6.33%.
- The last Return On Invested Capital (5.82%) for 1FRVIA is above the 3 year average (4.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.58% | ||
| ROE | -12.49% | ||
| ROIC | 5.82% |
ROA(3y)-0.36%
ROA(5y)-0.69%
ROE(3y)-2.6%
ROE(5y)-4.25%
ROIC(3y)4.76%
ROIC(5y)4.27%
1.3 Margins
- Looking at the Operating Margin, with a value of 4.73%, 1FRVIA is in line with its industry, outperforming 56.25% of the companies in the same industry.
- 1FRVIA's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 13.49%, 1FRVIA is not doing good in the industry: 84.38% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of 1FRVIA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.73% | ||
| PM (TTM) | N/A | ||
| GM | 13.49% |
OM growth 3Y-1.94%
OM growth 5Y-8.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.47%
GM growth 5Y-0.92%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1FRVIA is destroying value.
- The number of shares outstanding for 1FRVIA remains at a similar level compared to 1 year ago.
- The number of shares outstanding for 1FRVIA has been increased compared to 5 years ago.
- The debt/assets ratio for 1FRVIA has been reduced compared to a year ago.
2.2 Solvency
- 1FRVIA has an Altman-Z score of 1.20. This is a bad value and indicates that 1FRVIA is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of 1FRVIA (1.20) is worse than 75.00% of its industry peers.
- The Debt to FCF ratio of 1FRVIA is 12.32, which is on the high side as it means it would take 1FRVIA, 12.32 years of fcf income to pay off all of its debts.
- 1FRVIA has a Debt to FCF ratio (12.32) which is in line with its industry peers.
- 1FRVIA has a Debt/Equity ratio of 2.72. This is a high value indicating a heavy dependency on external financing.
- 1FRVIA has a Debt to Equity ratio of 2.72. This is amonst the worse of the industry: 1FRVIA underperforms 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.72 | ||
| Debt/FCF | 12.32 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.97
WACC5.98%
2.3 Liquidity
- A Current Ratio of 0.98 indicates that 1FRVIA may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.98, 1FRVIA is doing worse than 68.75% of the companies in the same industry.
- 1FRVIA has a Quick Ratio of 0.98. This is a bad value and indicates that 1FRVIA is not financially healthy enough and could expect problems in meeting its short term obligations.
- 1FRVIA has a Quick ratio of 0.79. This is comparable to the rest of the industry: 1FRVIA outperforms 40.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- 1FRVIA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 259.18%, which is quite impressive.
- The earnings per share for 1FRVIA have been decreasing by -20.18% on average. This is quite bad
- The Revenue has decreased by -0.90% in the past year.
- Measured over the past years, 1FRVIA shows a quite strong growth in Revenue. The Revenue has been growing by 8.71% on average per year.
EPS 1Y (TTM)259.18%
EPS 3YN/A
EPS 5Y-20.18%
EPS Q2Q%11300%
Revenue 1Y (TTM)-0.9%
Revenue growth 3Y19.98%
Revenue growth 5Y8.71%
Sales Q2Q%-0.42%
3.2 Future
- 1FRVIA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.56% yearly.
- 1FRVIA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.75% yearly.
EPS Next Y-93.79%
EPS Next 2Y28.04%
EPS Next 3Y30.56%
EPS Next 5YN/A
Revenue Next Year-2.72%
Revenue Next 2Y-0.91%
Revenue Next 3Y0.75%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 4.09, which indicates a rather cheap valuation of 1FRVIA.
- 93.75% of the companies in the same industry are more expensive than 1FRVIA, based on the Price/Earnings ratio.
- 1FRVIA is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
- 1FRVIA is valuated cheaply with a Price/Forward Earnings ratio of 6.97.
- 1FRVIA's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1FRVIA is cheaper than 87.50% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.32. 1FRVIA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.09 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
- 75.00% of the companies in the same industry are more expensive than 1FRVIA, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, 1FRVIA is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.25 | ||
| EV/EBITDA | 2.59 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as 1FRVIA's earnings are expected to grow with 30.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y28.04%
EPS Next 3Y30.56%
5. Dividend
5.1 Amount
- 1FRVIA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FORVIA / 1FRVIA.MI FAQ
What is the fundamental rating for 1FRVIA stock?
ChartMill assigns a fundamental rating of 3 / 10 to 1FRVIA.MI.
Can you provide the valuation status for FORVIA?
ChartMill assigns a valuation rating of 8 / 10 to FORVIA (1FRVIA.MI). This can be considered as Undervalued.
How profitable is FORVIA (1FRVIA.MI) stock?
FORVIA (1FRVIA.MI) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for 1FRVIA stock?
The Price/Earnings (PE) ratio for FORVIA (1FRVIA.MI) is 4.09 and the Price/Book (PB) ratio is 0.77.
Is the dividend of FORVIA sustainable?
The dividend rating of FORVIA (1FRVIA.MI) is 0 / 10 and the dividend payout ratio is 0%.