ACCO BRANDS CORP (ACCO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ACCO - US00081T1088 - Common Stock
3.67 USD
-0.12 (-3.17%)
3.67 USD
0 (0%)
Overall ACCO gets a fundamental rating of 4 out of 10. We evaluated ACCO against 80 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of ACCO while its profitability can be described as average. ACCO has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
ACCO had positive earnings in the past year.
In the past year ACCO had a positive cash flow from operations.
In multiple years ACCO reported negative net income over the last 5 years.
ACCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.80%, ACCO perfoms like the industry average, outperforming 53.75% of the companies in the same industry.
ACCO's Return On Equity of 6.30% is in line compared to the rest of the industry. ACCO outperforms 57.50% of its industry peers.
ACCO has a Return On Invested Capital of 4.80%. This is comparable to the rest of the industry: ACCO outperforms 57.50% of its industry peers.
ACCO had an Average Return On Invested Capital over the past 3 years of 5.91%. This is below the industry average of 10.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 6.3% | ||
| ROIC | 4.8% |
ROA(3y)-1.95%
ROA(5y)-0.11%
ROE(3y)-7.05%
ROE(5y)-0.21%
ROIC(3y)5.91%
ROIC(5y)5.4%
1.3 Margins
The Profit Margin of ACCO (2.63%) is comparable to the rest of the industry.
The Operating Margin of ACCO (7.21%) is better than 61.25% of its industry peers.
In the last couple of years the Operating Margin of ACCO has declined.
ACCO has a Gross Margin (33.12%) which is in line with its industry peers.
ACCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.21% | ||
| PM (TTM) | 2.63% | ||
| GM | 33.12% |
OM growth 3Y3.62%
OM growth 5Y-3.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.57%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ACCO is destroying value.
ACCO has less shares outstanding than it did 1 year ago.
ACCO has less shares outstanding than it did 5 years ago.
ACCO has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.70, we must say that ACCO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ACCO (0.70) is worse than 72.50% of its industry peers.
The Debt to FCF ratio of ACCO is 12.27, which is on the high side as it means it would take ACCO, 12.27 years of fcf income to pay off all of its debts.
ACCO's Debt to FCF ratio of 12.27 is in line compared to the rest of the industry. ACCO outperforms 55.00% of its industry peers.
ACCO has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
ACCO's Debt to Equity ratio of 1.32 is on the low side compared to the rest of the industry. ACCO is outperformed by 71.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | 12.27 | ||
| Altman-Z | 0.7 |
ROIC/WACC0.64
WACC7.55%
2.3 Liquidity
ACCO has a Current Ratio of 1.68. This is a normal value and indicates that ACCO is financially healthy and should not expect problems in meeting its short term obligations.
ACCO has a better Current ratio (1.68) than 62.50% of its industry peers.
ACCO has a Quick Ratio of 1.68. This is a bad value and indicates that ACCO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.96, ACCO is doing worse than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The earnings per share for ACCO have decreased strongly by -15.69% in the last year.
Measured over the past years, ACCO shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.52% on average per year.
Looking at the last year, ACCO shows a decrease in Revenue. The Revenue has decreased by -9.53% in the last year.
ACCO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.15% yearly.
EPS 1Y (TTM)-15.69%
EPS 3Y-10.02%
EPS 5Y-3.52%
EPS Q2Q%-8.7%
Revenue 1Y (TTM)-9.53%
Revenue growth 3Y-6.3%
Revenue growth 5Y-3.15%
Sales Q2Q%-8.84%
3.2 Future
Based on estimates for the next years, ACCO will show a small growth in Earnings Per Share. The EPS will grow by 3.54% on average per year.
Based on estimates for the next years, ACCO will show a decrease in Revenue. The Revenue will decrease by -2.03% on average per year.
EPS Next Y-15.67%
EPS Next 2Y2.63%
EPS Next 3Y3.54%
EPS Next 5YN/A
Revenue Next Year-8.73%
Revenue Next 2Y-4.07%
Revenue Next 3Y-2.03%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.27, the valuation of ACCO can be described as very cheap.
ACCO's Price/Earnings ratio is rather cheap when compared to the industry. ACCO is cheaper than 97.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.61, ACCO is valued rather cheaply.
The Price/Forward Earnings ratio is 3.42, which indicates a rather cheap valuation of ACCO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ACCO indicates a rather cheap valuation: ACCO is cheaper than 100.00% of the companies listed in the same industry.
ACCO is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 3.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ACCO is valued cheaper than 92.50% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACCO indicates a rather cheap valuation: ACCO is cheaper than 97.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.65 | ||
| EV/EBITDA | 6.08 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.63%
EPS Next 3Y3.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.81%, ACCO is a good candidate for dividend investing.
ACCO's Dividend Yield is rather good when compared to the industry average which is at 0.89. ACCO pays more dividend than 100.00% of the companies in the same industry.
ACCO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.81% |
5.2 History
The dividend of ACCO has a limited annual growth rate of 4.29%.
ACCO has been paying a dividend for over 5 years, so it has already some track record.
ACCO has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.29%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
67.00% of the earnings are spent on dividend by ACCO. This is not a sustainable payout ratio.
ACCO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67%
EPS Next 2Y2.63%
EPS Next 3Y3.54%
3.67
-0.12 (-3.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners84.17%
Inst Owner Change2.52%
Ins Owners1.66%
Ins Owner Change0%
Market Cap330.81M
Revenue(TTM)1.54B
Net Income(TTM)40.60M
Analysts85
Price Target8.84 (140.87%)
Short Float %5.02%
Short Ratio5.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.81% |
Yearly Dividend0.3
Dividend Growth(5Y)4.29%
DP67%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.58%
Min EPS beat(2)-7.81%
Max EPS beat(2)-5.34%
EPS beat(4)1
Avg EPS beat(4)8.52%
Min EPS beat(4)-7.81%
Max EPS beat(4)54.75%
EPS beat(8)4
Avg EPS beat(8)17.99%
EPS beat(12)7
Avg EPS beat(12)14.34%
EPS beat(16)10
Avg EPS beat(16)12.82%
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)-0.7%
Revenue beat(4)0
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)-0.7%
Revenue beat(8)1
Avg Revenue beat(8)-2.7%
Revenue beat(12)2
Avg Revenue beat(12)-2.7%
Revenue beat(16)3
Avg Revenue beat(16)-2.29%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)-1.56%
EPS NY rev (3m)-1.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)-0.51%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 3.42 | ||
| P/S | 0.21 | ||
| P/FCF | 4.65 | ||
| P/OCF | 3.64 | ||
| P/B | 0.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.08 |
EPS(TTM)0.86
EY23.43%
EPS(NY)1.07
Fwd EY29.28%
FCF(TTM)0.79
FCFY21.52%
OCF(TTM)1.01
OCFY27.45%
SpS17.13
BVpS7.14
TBVpS-5.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 6.3% | ||
| ROCE | 6.11% | ||
| ROIC | 4.8% | ||
| ROICexc | 5.02% | ||
| ROICexgc | 15.46% | ||
| OM | 7.21% | ||
| PM (TTM) | 2.63% | ||
| GM | 33.12% | ||
| FCFM | 4.61% |
ROA(3y)-1.95%
ROA(5y)-0.11%
ROE(3y)-7.05%
ROE(5y)-0.21%
ROIC(3y)5.91%
ROIC(5y)5.4%
ROICexc(3y)6.12%
ROICexc(5y)5.56%
ROICexgc(3y)20.03%
ROICexgc(5y)18.98%
ROCE(3y)7.5%
ROCE(5y)6.86%
ROICexgc growth 3Y4.49%
ROICexgc growth 5Y-1.27%
ROICexc growth 3Y8.72%
ROICexc growth 5Y-1.98%
OM growth 3Y3.62%
OM growth 5Y-3.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.16%
GM growth 5Y0.57%
F-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | 12.27 | ||
| Debt/EBITDA | 4.6 | ||
| Cap/Depr | 26.74% | ||
| Cap/Sales | 1.27% | ||
| Interest Coverage | 2.45 | ||
| Cash Conversion | 49.19% | ||
| Profit Quality | 175.37% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 0.7 |
F-Score6
WACC7.55%
ROIC/WACC0.64
Cap/Depr(3y)20.22%
Cap/Depr(5y)21.41%
Cap/Sales(3y)0.85%
Cap/Sales(5y)0.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.69%
EPS 3Y-10.02%
EPS 5Y-3.52%
EPS Q2Q%-8.7%
EPS Next Y-15.67%
EPS Next 2Y2.63%
EPS Next 3Y3.54%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.53%
Revenue growth 3Y-6.3%
Revenue growth 5Y-3.15%
Sales Q2Q%-8.84%
Revenue Next Year-8.73%
Revenue Next 2Y-4.07%
Revenue Next 3Y-2.03%
Revenue Next 5YN/A
EBIT growth 1Y-25.75%
EBIT growth 3Y-2.9%
EBIT growth 5Y-6.98%
EBIT Next Year-1.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.38%
FCF growth 3Y-1.49%
FCF growth 5Y-4.33%
OCF growth 1Y-42.5%
OCF growth 3Y-2.44%
OCF growth 5Y-6.18%
ACCO BRANDS CORP / ACCO FAQ
What is the ChartMill fundamental rating of ACCO BRANDS CORP (ACCO) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ACCO.
What is the valuation status for ACCO stock?
ChartMill assigns a valuation rating of 7 / 10 to ACCO BRANDS CORP (ACCO). This can be considered as Undervalued.
How profitable is ACCO BRANDS CORP (ACCO) stock?
ACCO BRANDS CORP (ACCO) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for ACCO stock?
The Price/Earnings (PE) ratio for ACCO BRANDS CORP (ACCO) is 4.27 and the Price/Book (PB) ratio is 0.51.
What is the expected EPS growth for ACCO BRANDS CORP (ACCO) stock?
The Earnings per Share (EPS) of ACCO BRANDS CORP (ACCO) is expected to decline by -15.67% in the next year.