ACCO BRANDS CORP (ACCO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ACCO - US00081T1088 - Common Stock
3.48 USD
+0.04 (+1.16%)
3.48 USD
0 (0%)
Overall ACCO gets a fundamental rating of 3 out of 10. We evaluated ACCO against 82 industry peers in the Commercial Services & Supplies industry. ACCO has a bad profitability rating. Also its financial health evaluation is rather negative. ACCO has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year ACCO was profitable.
ACCO had a positive operating cash flow in the past year.
In multiple years ACCO reported negative net income over the last 5 years.
In the past 5 years ACCO always reported a positive cash flow from operatings.
1.2 Ratios
ACCO has a Return On Assets of 1.80%. This is comparable to the rest of the industry: ACCO outperforms 50.00% of its industry peers.
The Return On Equity of ACCO (6.30%) is comparable to the rest of the industry.
ACCO has a Return On Invested Capital of 4.80%. This is comparable to the rest of the industry: ACCO outperforms 53.66% 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 10.51%.
| 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
With a Profit Margin value of 2.63%, ACCO perfoms like the industry average, outperforming 54.88% of the companies in the same industry.
With a Operating Margin value of 7.21%, ACCO perfoms like the industry average, outperforming 59.76% of the companies in the same industry.
ACCO's Operating Margin has declined in the last couple of years.
ACCO has a Gross Margin of 33.12%. This is comparable to the rest of the industry: ACCO outperforms 51.22% of 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
ACCO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ACCO has less shares outstanding
ACCO has less shares outstanding than it did 5 years ago.
ACCO has a worse debt/assets ratio than last year.
2.2 Solvency
ACCO has an Altman-Z score of 0.69. This is a bad value and indicates that ACCO is not financially healthy and even has some risk of bankruptcy.
ACCO's Altman-Z score of 0.69 is on the low side compared to the rest of the industry. ACCO is outperformed by 75.61% of its industry peers.
ACCO has a debt to FCF ratio of 12.27. This is a negative value and a sign of low solvency as ACCO would need 12.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.27, ACCO is in line with its industry, outperforming 52.44% of the companies in the same industry.
A Debt/Equity ratio of 1.32 is on the high side and indicates that ACCO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.32, ACCO is doing worse than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | 12.27 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.65
WACC7.37%
2.3 Liquidity
A Current Ratio of 1.68 indicates that ACCO should not have too much problems paying its short term obligations.
ACCO's Current ratio of 1.68 is fine compared to the rest of the industry. ACCO outperforms 63.41% 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.
The Quick ratio of ACCO (0.96) is worse than 69.51% of its industry peers.
| 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.
The Revenue has decreased by -9.53% 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)-9.53%
Revenue growth 3Y-6.3%
Revenue growth 5Y-3.15%
Sales Q2Q%-8.84%
3.2 Future
ACCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.92% yearly.
The Revenue is expected to decrease by -2.03% 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 3Y-2.03%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ACCO is valuated cheaply with a Price/Earnings ratio of 4.05.
Compared to the rest of the industry, the Price/Earnings ratio of ACCO indicates a rather cheap valuation: ACCO is cheaper than 97.56% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, ACCO is valued rather cheaply.
With a Price/Forward Earnings ratio of 3.16, the valuation of ACCO can be described as very cheap.
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.
When comparing the Price/Forward Earnings ratio of ACCO to the average of the S&P500 Index (36.56), we can say ACCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.05 | ||
| Fwd PE | 3.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ACCO is valued cheaply inside the industry as 90.24% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ACCO is valued cheaply inside the industry as 96.34% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.41 | ||
| EV/EBITDA | 5.91 |
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 8.75%, ACCO is a good candidate for dividend investing.
ACCO's Dividend Yield is rather good when compared to the industry average which is at 2.48. 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.75% |
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
ACCO pays out 67.00% of its income as dividend. 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.
DP67%
EPS Next 2Y3.92%
EPS Next 3YN/A
3.48
+0.04 (+1.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners82.26%
Inst Owner Change2.52%
Ins Owners1.66%
Ins Owner Change0%
Market Cap313.69M
Revenue(TTM)1.54B
Net Income(TTM)40.60M
Analysts85
Price Target8.84 (154.02%)
Short Float %4.88%
Short Ratio6.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.75% |
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)-0.88%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.05 | ||
| Fwd PE | 3.16 | ||
| P/S | 0.2 | ||
| P/FCF | 4.41 | ||
| P/OCF | 3.45 | ||
| P/B | 0.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.91 |
EPS(TTM)0.86
EY24.71%
EPS(NY)1.1
Fwd EY31.66%
FCF(TTM)0.79
FCFY22.7%
OCF(TTM)1.01
OCFY28.95%
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 | 0.69 |
F-Score6
WACC7.37%
ROIC/WACC0.65
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)-9.53%
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 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-0.31%
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 3 / 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 3 / 10.
Can you provide the PE and PB ratios for ACCO stock?
The Price/Earnings (PE) ratio for ACCO BRANDS CORP (ACCO) is 4.05 and the Price/Book (PB) ratio is 0.49.
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.