PORR AG (ABS2.DE) Stock Fundamental Analysis
FRA:ABS2 - Deutsche Boerse Ag - AT0000609607 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to ABS2. ABS2 was compared to 43 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ABS2 had positive earnings in the past year.
In the past year ABS2 had a positive cash flow from operations.
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
ABS2 has a Return On Assets of 2.10%. This is in the lower half of the industry: ABS2 underperforms 62.79% of its industry peers.
ABS2's Return On Equity of 10.27% is in line compared to the rest of the industry. ABS2 outperforms 41.86% of its industry peers.
ABS2's Return On Invested Capital of 5.26% is in line compared to the rest of the industry. ABS2 outperforms 41.86% of its industry peers.
ABS2 had an Average Return On Invested Capital over the past 3 years of 2.10%. This is significantly below the industry average of 10.72%.
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
ABS2 has a worse Profit Margin (1.44%) than 69.77% of its industry peers.
ABS2's Profit Margin has improved in the last couple of years.
ABS2's Operating Margin of 1.82% is on the low side compared to the rest of the industry. ABS2 is outperformed by 74.42% of its industry peers.
ABS2's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 34.05%, ABS2 is in line with its industry, outperforming 44.19% of the companies in the same industry.
ABS2's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for ABS2 has been reduced compared to 1 year ago.
ABS2 has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABS2 has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.92 indicates that ABS2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
ABS2's Altman-Z score of 1.92 is in line compared to the rest of the industry. ABS2 outperforms 55.81% of its industry peers.
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.
The Debt to FCF ratio of ABS2 (4.68) is better than 60.47% of its industry peers.
ABS2 has a Debt/Equity ratio of 0.59. This is a neutral value indicating ABS2 is somewhat dependend on debt financing.
ABS2's Debt to Equity ratio of 0.59 is in line compared to the rest of the industry. ABS2 outperforms 51.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.39
WACC13.56%
2.3 Liquidity
A Current Ratio of 0.94 indicates that ABS2 may have some problems paying its short term obligations.
ABS2 has a Current ratio of 0.94. This is in the lower half of the industry: ABS2 underperforms 74.42% of its industry peers.
A Quick Ratio of 0.90 indicates that ABS2 may have some problems paying its short term obligations.
ABS2's Quick ratio of 0.90 is on the low side compared to the rest of the industry. ABS2 is outperformed by 60.47% 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 4.55%.
ABS2 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.76% yearly.
ABS2 shows a small growth in Revenue. In the last year, the Revenue has grown by 2.35%.
The Revenue has been growing slightly by 4.87% on average over the past years.
EPS 1Y (TTM)4.55%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-2.5%
Revenue 1Y (TTM)2.35%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.43%
3.2 Future
ABS2 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.55% yearly.
Based on estimates for the next years, ABS2 will show a small growth in Revenue. The Revenue will grow by 1.90% on average per year.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 13.23, which indicates a correct valuation of ABS2.
ABS2's Price/Earnings ratio is a bit cheaper when compared to the industry. ABS2 is cheaper than 60.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.12, ABS2 is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.78 indicates a reasonable valuation of ABS2.
ABS2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ABS2 is cheaper than 67.44% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ABS2 to the average of the S&P500 Index (20.42), we can say ABS2 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
93.02% of the companies in the same industry are more expensive than ABS2, based on the Enterprise Value to EBITDA ratio.
ABS2's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ABS2 is cheaper than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.65 | ||
| EV/EBITDA | 2.78 |
4.3 Compensation for Growth
The 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)0.61
PEG (5Y)0.35
EPS Next 2Y15.67%
EPS Next 3Y15.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, ABS2 is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.58, ABS2 pays a better dividend. On top of this ABS2 pays more dividend than 88.37% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ABS2 pays a better dividend.
| 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 Years2
Div Non Decr Years2
5.3 Sustainability
46.52% of the earnings are spent on dividend by ABS2. This is a bit on the high side, but may be sustainable.
DP46.52%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
FRA:ABS2 (5/8/2025, 7:00:00 PM)
30.7
-0.25 (-0.81%)
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 Cap1.21B
Analysts86
Price Target33.44 (8.93%)
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 Years2
Div Non Decr Years2
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)25.62%
PT rev (3m)56.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.49%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 10.78 | ||
| P/S | 0.19 | ||
| P/FCF | 9.65 | ||
| P/OCF | 3.3 | ||
| P/B | 1.39 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 2.78 |
EPS(TTM)2.32
EY7.56%
EPS(NY)2.85
Fwd EY9.27%
FCF(TTM)3.18
FCFY10.36%
OCF(TTM)9.31
OCFY30.31%
SpS157.6
BVpS22.05
TBVpS16.41
PEG (NY)0.61
PEG (5Y)0.35
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 | 1.92 |
F-Score7
WACC13.56%
ROIC/WACC0.39
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)4.55%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-2.5%
EPS Next Y21.75%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue 1Y (TTM)2.35%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.43%
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 Year152.6%
EBIT Next 3Y42.56%
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%