ACCO BRANDS CORP (ACCO) Stock Fundamental Analysis
USA - NYSE:ACCO - US00081T1088 - Common Stock
3.76 USD
-0.15 (-3.84%)
3.76 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ACCO. ACCO was compared to 82 industry peers in the Commercial Services & Supplies industry. ACCO has a medium profitability rating, but doesn't score so well on its financial health evaluation. ACCO is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ACCO was profitable.
ACCO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ACCO reported negative net income in multiple years.
ACCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ACCO has a Return On Assets (1.93%) which is in line with its industry peers.
ACCO's Return On Equity of 7.20% is fine compared to the rest of the industry. ACCO outperforms 63.41% of its industry peers.
ACCO has a Return On Invested Capital of 4.75%. This is comparable to the rest of the industry: ACCO outperforms 52.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ACCO is below the industry average of 10.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.93% | ||
| ROE | 7.2% | ||
| ROIC | 4.75% |
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
ACCO has a Profit Margin of 2.90%. This is comparable to the rest of the industry: ACCO outperforms 58.54% of its industry peers.
ACCO's Operating Margin of 7.39% is fine compared to the rest of the industry. ACCO outperforms 60.98% of its industry peers.
ACCO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 32.99%, ACCO is in line with its industry, outperforming 53.66% of the companies in the same industry.
In the last couple of years the Gross Margin of ACCO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.39% | ||
| PM (TTM) | 2.9% | ||
| GM | 32.99% |
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
ACCO 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 ACCO has been reduced compared to 1 year ago.
ACCO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ACCO is higher compared to a year ago.
2.2 Solvency
ACCO has an Altman-Z score of 0.74. This is a bad value and indicates that ACCO is not financially healthy and even has some risk of bankruptcy.
ACCO has a Altman-Z score of 0.74. This is in the lower half of the industry: ACCO underperforms 71.95% of its industry peers.
The Debt to FCF ratio of ACCO is 10.41, which is on the high side as it means it would take ACCO, 10.41 years of fcf income to pay off all of its debts.
ACCO has a Debt to FCF ratio (10.41) which is in line with its industry peers.
A Debt/Equity ratio of 1.51 is on the high side and indicates that ACCO has dependencies on debt financing.
ACCO has a worse Debt to Equity ratio (1.51) than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 10.41 | ||
| Altman-Z | 0.74 |
ROIC/WACC0.63
WACC7.59%
2.3 Liquidity
A Current Ratio of 1.85 indicates that ACCO should not have too much problems paying its short term obligations.
ACCO has a better Current ratio (1.85) than 65.85% of its industry peers.
A Quick Ratio of 1.15 indicates that ACCO should not have too much problems paying its short term obligations.
ACCO's Quick ratio of 1.15 is on the low side compared to the rest of the industry. ACCO is outperformed by 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.15 |
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.
The Revenue has decreased by -9.09% in the past year.
The Revenue has been decreasing by -3.15% on average over the past years.
EPS 1Y (TTM)-15.69%
EPS 3Y-10.02%
EPS 5Y-3.52%
EPS Q2Q%-8.7%
Revenue 1Y (TTM)-9.09%
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 3.92% on average per year.
The Revenue is expected to decrease by -3.22% on average over the next years.
EPS Next Y-14.33%
EPS Next 2Y3.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.26%
Revenue Next 2Y-3.22%
Revenue Next 3YN/A
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.37, the valuation of ACCO can be described as very cheap.
Based on the Price/Earnings ratio, ACCO is valued cheaper than 97.56% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.10. ACCO is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 3.41 indicates a rather cheap valuation of ACCO.
100.00% of the companies in the same industry are more expensive than ACCO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, ACCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.37 | ||
| Fwd PE | 3.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ACCO is valued cheaply inside the industry as 87.80% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACCO indicates a rather cheap valuation: ACCO is cheaper than 95.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.59 | ||
| EV/EBITDA | 6.21 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.67%, ACCO is a good candidate for dividend investing.
ACCO's Dividend Yield is rather good when compared to the industry average which is at 2.51. 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 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.67% |
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
60.13% of the earnings are spent on dividend by ACCO. This is not a sustainable payout ratio.
The dividend of ACCO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.13%
EPS Next 2Y3.92%
EPS Next 3YN/A
3.76
-0.15 (-3.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners82.26%
Inst Owner Change0.15%
Ins Owners1.66%
Ins Owner Change0.62%
Market Cap338.89M
Revenue(TTM)1.67B
Net Income(TTM)45.90M
Analysts85
Price Target8.84 (135.11%)
Short Float %5.25%
Short Ratio8.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.67% |
Yearly Dividend0.3
Dividend Growth(5Y)4.29%
DP60.13%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)24.7%
Min EPS beat(2)-5.34%
Max EPS beat(2)54.75%
EPS beat(4)1
Avg EPS beat(4)9.99%
Min EPS beat(4)-7.49%
Max EPS beat(4)54.75%
EPS beat(8)5
Avg EPS beat(8)19.44%
EPS beat(12)8
Avg EPS beat(12)16.09%
EPS beat(16)10
Avg EPS beat(16)12.97%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-2.38%
Max Revenue beat(2)-0.7%
Revenue beat(4)0
Avg Revenue beat(4)-1.97%
Min Revenue beat(4)-3.46%
Max Revenue beat(4)-0.7%
Revenue beat(8)1
Avg Revenue beat(8)-3.15%
Revenue beat(12)2
Avg Revenue beat(12)-2.53%
Revenue beat(16)3
Avg Revenue beat(16)-2.23%
PT rev (1m)0%
PT rev (3m)-10.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.37 | ||
| Fwd PE | 3.41 | ||
| P/S | 0.21 | ||
| P/FCF | 3.59 | ||
| P/OCF | 3.02 | ||
| P/B | 0.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.21 |
EPS(TTM)0.86
EY22.87%
EPS(NY)1.1
Fwd EY29.3%
FCF(TTM)1.05
FCFY27.86%
OCF(TTM)1.24
OCFY33.11%
SpS17.54
BVpS7.07
TBVpS-6.15
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.93% | ||
| ROE | 7.2% | ||
| ROCE | 6.07% | ||
| ROIC | 4.75% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 14.9% | ||
| OM | 7.39% | ||
| PM (TTM) | 2.9% | ||
| GM | 32.99% | ||
| FCFM | 5.97% |
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-Score5
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 10.41 | ||
| Debt/EBITDA | 5.06 | ||
| Cap/Depr | 24.15% | ||
| Cap/Sales | 1.13% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 58.9% | ||
| Profit Quality | 205.66% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 0.74 |
F-Score5
WACC7.59%
ROIC/WACC0.63
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-14.33%
EPS Next 2Y3.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.09%
Revenue growth 3Y-6.3%
Revenue growth 5Y-3.15%
Sales Q2Q%-8.84%
Revenue Next Year-8.26%
Revenue Next 2Y-3.22%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-23.21%
EBIT growth 3Y-2.9%
EBIT growth 5Y-6.98%
EBIT Next Year-0.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-21.72%
FCF growth 3Y-1.49%
FCF growth 5Y-4.33%
OCF growth 1Y-17.62%
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 4.37 and the Price/Book (PB) ratio is 0.53.
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 -14.33% in the next year.