PORR AG (ABS2.DE) Stock Fundamental Analysis
FRA:ABS2 - Deutsche Boerse Ag - AT0000609607 - Common Stock - Currency: EUR
Taking everything into account, ABS2 scores 4 out of 10 in our fundamental rating. ABS2 was compared to 42 industry peers in the Construction & Engineering industry. ABS2 has a medium profitability rating, but doesn't score so well on its financial health evaluation. ABS2 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ABS2 was profitable.
ABS2 had a positive operating cash flow in the past year.
ABS2 had positive earnings in 4 of the past 5 years.
ABS2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.10%, ABS2 is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 10.27%, ABS2 is doing worse than 60.98% of the companies in the same industry.
With a Return On Invested Capital value of 5.26%, ABS2 is not doing good in the industry: 68.29% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for ABS2 is significantly below the industry average of 10.44%.
The 3 year average ROIC (2.10%) for ABS2 is below the current ROIC(5.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 10.27% | ||
| ROIC | 5.26% |
ROA(3y)1.9%
ROA(5y)0.94%
ROE(3y)9.63%
ROE(5y)4.62%
ROIC(3y)2.1%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.44%, ABS2 is not doing good in the industry: 75.61% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of ABS2 has grown nicely.
The Operating Margin of ABS2 (1.82%) is worse than 80.49% of its industry peers.
In the last couple of years the Operating Margin of ABS2 has grown nicely.
Looking at the Gross Margin, with a value of 34.05%, ABS2 is in line with its industry, outperforming 41.46% of the companies in the same industry.
In the last couple of years the Gross Margin of ABS2 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.82% | ||
| PM (TTM) | 1.44% | ||
| GM | 34.05% |
OM growth 3Y61%
OM growth 5YN/A
PM growth 3Y27.41%
PM growth 5Y37.43%
GM growth 3Y0.66%
GM growth 5Y0.79%
2. Health
2.1 Basic Checks
ABS2 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ABS2 has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ABS2 has more shares outstanding
Compared to 1 year ago, ABS2 has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.91 indicates that ABS2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.91, ABS2 is in line with its industry, outperforming 48.78% of the companies in the same industry.
The Debt to FCF ratio of ABS2 is 4.68, which is a neutral value as it means it would take ABS2, 4.68 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.68, ABS2 perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
A Debt/Equity ratio of 0.59 indicates that ABS2 is somewhat dependend on debt financing.
ABS2 has a Debt to Equity ratio of 0.59. This is comparable to the rest of the industry: ABS2 outperforms 51.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.38
WACC13.75%
2.3 Liquidity
ABS2 has a Current Ratio of 0.94. This is a bad value and indicates that ABS2 is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.94, ABS2 is doing worse than 73.17% of the companies in the same industry.
A Quick Ratio of 0.90 indicates that ABS2 may have some problems paying its short term obligations.
ABS2 has a Quick ratio of 0.90. This is in the lower half of the industry: ABS2 underperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
ABS2 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.47%.
Measured over the past years, ABS2 shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.76% on average per year.
The Revenue has been growing slightly by 2.01% in the past year.
The Revenue has been growing slightly by 4.87% on average over the past years.
EPS 1Y (TTM)0.47%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)2.01%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.85%
3.2 Future
Based on estimates for the next years, ABS2 will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.55% on average per year.
ABS2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.90% yearly.
EPS Next Y21.75%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue Next Year2.82%
Revenue Next 2Y2.82%
Revenue Next 3Y3.37%
Revenue Next 5Y1.9%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ABS2 is valuated correctly with a Price/Earnings ratio of 12.71.
The rest of the industry has a similar Price/Earnings ratio as ABS2.
When comparing the Price/Earnings ratio of ABS2 to the average of the S&P500 Index (26.25), we can say ABS2 is valued rather cheaply.
A Price/Forward Earnings ratio of 9.38 indicates a reasonable valuation of ABS2.
73.17% of the companies in the same industry are more expensive than ABS2, based on the Price/Forward Earnings ratio.
ABS2 is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.71 | ||
| Fwd PE | 9.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABS2 is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABS2 indicates a somewhat cheap valuation: ABS2 is cheaper than 65.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.23 | ||
| EV/EBITDA | 2.58 |
4.3 Compensation for Growth
ABS2's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ABS2's earnings are expected to grow with 15.55% in the coming years.
PEG (NY)0.58
PEG (5Y)0.34
EPS Next 2Y15.67%
EPS Next 3Y15.55%
5. Dividend
5.1 Amount
ABS2 has a Yearly Dividend Yield of 5.08%, which is a nice return.
Compared to an average industry Dividend Yield of 3.65, ABS2 pays a better dividend. On top of this ABS2 pays more dividend than 87.80% of the companies listed in the same industry.
ABS2's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
5.2 History
The dividend of ABS2 decreases each year by -5.04%.
Dividend Growth(5Y)-5.04%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
ABS2 pays out 46.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.52%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
FRA:ABS2 (5/30/2025, 7:00:00 PM)
29.35
-0.1 (-0.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners8.62%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.15B
Analysts86
Price Target33.62 (14.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend1.08
Dividend Growth(5Y)-5.04%
DP46.52%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.54%
PT rev (3m)49.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.71 | ||
| Fwd PE | 9.38 | ||
| P/S | 0.19 | ||
| P/FCF | 9.23 | ||
| P/OCF | 3.15 | ||
| P/B | 1.33 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 2.58 |
EPS(TTM)2.31
EY7.87%
EPS(NY)3.13
Fwd EY10.66%
FCF(TTM)3.18
FCFY10.84%
OCF(TTM)9.31
OCFY31.71%
SpS157.6
BVpS22.05
TBVpS16.41
PEG (NY)0.58
PEG (5Y)0.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 10.27% | ||
| ROCE | 7.11% | ||
| ROIC | 5.26% | ||
| ROICexc | 9.93% | ||
| ROICexgc | 13.5% | ||
| OM | 1.82% | ||
| PM (TTM) | 1.44% | ||
| GM | 34.05% | ||
| FCFM | 2.02% |
ROA(3y)1.9%
ROA(5y)0.94%
ROE(3y)9.63%
ROE(5y)4.62%
ROIC(3y)2.1%
ROIC(5y)N/A
ROICexc(3y)3.65%
ROICexc(5y)N/A
ROICexgc(3y)4.8%
ROICexgc(5y)N/A
ROCE(3y)2.84%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y61%
OM growth 5YN/A
PM growth 3Y27.41%
PM growth 5Y37.43%
GM growth 3Y0.66%
GM growth 5Y0.79%
F-Score7
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.68 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 114.4% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | 0.54 | ||
| Cash Conversion | 113.25% | ||
| Profit Quality | 140.37% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.91 |
F-Score7
WACC13.75%
ROIC/WACC0.38
Cap/Depr(3y)107.06%
Cap/Depr(5y)100.79%
Cap/Sales(3y)3.59%
Cap/Sales(5y)3.47%
Profit Quality(3y)122.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.47%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-33.33%
EPS Next Y21.75%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue 1Y (TTM)2.01%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.85%
Revenue Next Year2.82%
Revenue Next 2Y2.82%
Revenue Next 3Y3.37%
Revenue Next 5Y1.9%
EBIT growth 1Y169.69%
EBIT growth 3Y70.97%
EBIT growth 5YN/A
EBIT Next Year159.79%
EBIT Next 3Y42.41%
EBIT Next 5YN/A
FCF growth 1Y202.88%
FCF growth 3Y-17.91%
FCF growth 5Y7.14%
OCF growth 1Y32.27%
OCF growth 3Y-4.41%
OCF growth 5Y7.91%