HONEYWELL INTERNATIONAL INC (ALD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ALD - US4385161066 - Common Stock
164.68 EUR
+0.32 (+0.19%)
Overall ALD gets a fundamental rating of 6 out of 10. We evaluated ALD against 15 industry peers in the Industrial Conglomerates industry. While ALD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ALD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ALD had positive earnings in the past year.
In the past year ALD had a positive cash flow from operations.
ALD had positive earnings in each of the past 5 years.
ALD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ALD has a better Return On Assets (7.57%) than 86.67% of its industry peers.
ALD's Return On Equity of 36.52% is amongst the best of the industry. ALD outperforms 86.67% of its industry peers.
ALD has a Return On Invested Capital of 9.86%. This is amongst the best in the industry. ALD outperforms 93.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ALD is significantly above the industry average of 6.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.57% | ||
| ROE | 36.52% | ||
| ROIC | 9.86% |
ROA(3y)8.25%
ROA(5y)8.15%
ROE(3y)32.02%
ROE(5y)30.63%
ROIC(3y)12.23%
ROIC(5y)11.94%
1.3 Margins
ALD has a better Profit Margin (15.07%) than 86.67% of its industry peers.
In the last couple of years the Profit Margin of ALD has declined.
ALD's Operating Margin of 19.89% is amongst the best of the industry. ALD outperforms 93.33% of its industry peers.
ALD's Operating Margin has been stable in the last couple of years.
The Gross Margin of ALD (36.94%) is worse than 73.33% of its industry peers.
ALD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.89% | ||
| PM (TTM) | 15.07% | ||
| GM | 36.94% |
OM growth 3Y-1.26%
OM growth 5Y0.55%
PM growth 3Y-2.75%
PM growth 5Y-2.4%
GM growth 3Y6%
GM growth 5Y2.48%
2. Health
2.1 Basic Checks
ALD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ALD has been reduced compared to 1 year ago.
The number of shares outstanding for ALD has been reduced compared to 5 years ago.
ALD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.00 indicates that ALD is not in any danger for bankruptcy at the moment.
The Altman-Z score of ALD (3.00) is better than 93.33% of its industry peers.
The Debt to FCF ratio of ALD is 6.01, which is on the high side as it means it would take ALD, 6.01 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.01, ALD is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
ALD has a Debt/Equity ratio of 2.20. This is a high value indicating a heavy dependency on external financing.
ALD's Debt to Equity ratio of 2.20 is on the low side compared to the rest of the industry. ALD is outperformed by 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.2 | ||
| Debt/FCF | 6.01 | ||
| Altman-Z | 3 |
ROIC/WACC1.31
WACC7.51%
2.3 Liquidity
ALD has a Current Ratio of 1.36. This is a normal value and indicates that ALD is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ALD (1.36) is worse than 86.67% of its industry peers.
A Quick Ratio of 1.04 indicates that ALD should not have too much problems paying its short term obligations.
ALD has a Quick ratio of 1.04. This is in the lower half of the industry: ALD underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
ALD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.35%.
ALD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.71% yearly.
Looking at the last year, ALD shows a small growth in Revenue. The Revenue has grown by 7.45% in the last year.
Measured over the past years, ALD shows a small growth in Revenue. The Revenue has been growing by 0.96% on average per year.
EPS 1Y (TTM)6.35%
EPS 3Y6.74%
EPS 5Y3.71%
EPS Q2Q%9.3%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y3.83%
Revenue growth 5Y0.96%
Sales Q2Q%6.99%
3.2 Future
The Earnings Per Share is expected to grow by 9.36% on average over the next years. This is quite good.
Based on estimates for the next years, ALD will show a small growth in Revenue. The Revenue will grow by 4.94% on average per year.
EPS Next Y9.98%
EPS Next 2Y4.92%
EPS Next 3Y6.23%
EPS Next 5Y9.36%
Revenue Next Year6.51%
Revenue Next 2Y2.11%
Revenue Next 3Y3.21%
Revenue Next 5Y4.94%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.98, which indicates a rather expensive current valuation of ALD.
Compared to the rest of the industry, the Price/Earnings ratio of ALD indicates a somewhat cheap valuation: ALD is cheaper than 73.33% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ALD to the average of the S&P500 Index (25.45), we can say ALD is valued slightly cheaper.
ALD is valuated rather expensively with a Price/Forward Earnings ratio of 17.59.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALD is on the same level as its industry peers.
ALD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 17.59 |
4.2 Price Multiples
ALD's Enterprise Value to EBITDA is on the same level as the industry average.
ALD's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.53 | ||
| EV/EBITDA | 14.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ALD has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.8
PEG (5Y)4.85
EPS Next 2Y4.92%
EPS Next 3Y6.23%
5. Dividend
5.1 Amount
ALD has a Yearly Dividend Yield of 2.38%.
ALD's Dividend Yield is comparable with the industry average which is at 3.61.
Compared to an average S&P500 Dividend Yield of 2.42, ALD has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
The dividend of ALD has a limited annual growth rate of 5.64%.
Dividend Growth(5Y)5.64%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
ALD pays out 48.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of ALD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.21%
EPS Next 2Y4.92%
EPS Next 3Y6.23%
FRA:ALD (11/21/2025, 7:00:00 PM)
164.68
+0.32 (+0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners80.87%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap104.56B
Revenue(TTM)40.67B
Net Income(TTM)6.13B
Analysts76.25
Price Target218.69 (32.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend3.83
Dividend Growth(5Y)5.64%
DP48.21%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.64%
Min EPS beat(2)2.48%
Max EPS beat(2)8.81%
EPS beat(4)4
Avg EPS beat(4)7.24%
Min EPS beat(4)2.48%
Max EPS beat(4)12.31%
EPS beat(8)7
Avg EPS beat(8)4.36%
EPS beat(12)10
Avg EPS beat(12)3.47%
EPS beat(16)13
Avg EPS beat(16)3.05%
Revenue beat(2)2
Avg Revenue beat(2)1.69%
Min Revenue beat(2)1.59%
Max Revenue beat(2)1.79%
Revenue beat(4)4
Avg Revenue beat(4)1.59%
Min Revenue beat(4)1.37%
Max Revenue beat(4)1.79%
Revenue beat(8)5
Avg Revenue beat(8)0.08%
Revenue beat(12)6
Avg Revenue beat(12)-0.04%
Revenue beat(16)8
Avg Revenue beat(16)-0.09%
PT rev (1m)-1.38%
PT rev (3m)-1.61%
EPS NQ rev (1m)-5.93%
EPS NQ rev (3m)-6.05%
EPS NY rev (1m)0.8%
EPS NY rev (3m)2.5%
Revenue NQ rev (1m)-4.25%
Revenue NQ rev (3m)-4.09%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 17.59 | ||
| P/S | 2.96 | ||
| P/FCF | 19.53 | ||
| P/OCF | 16.08 | ||
| P/B | 7.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.16 |
EPS(TTM)9.16
EY5.56%
EPS(NY)9.36
Fwd EY5.68%
FCF(TTM)8.43
FCFY5.12%
OCF(TTM)10.24
OCFY6.22%
SpS55.63
BVpS22.96
TBVpS-19.27
PEG (NY)1.8
PEG (5Y)4.85
Graham Number68.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.57% | ||
| ROE | 36.52% | ||
| ROCE | 13.88% | ||
| ROIC | 9.86% | ||
| ROICexc | 12.4% | ||
| ROICexgc | 30.7% | ||
| OM | 19.89% | ||
| PM (TTM) | 15.07% | ||
| GM | 36.94% | ||
| FCFM | 15.16% |
ROA(3y)8.25%
ROA(5y)8.15%
ROE(3y)32.02%
ROE(5y)30.63%
ROIC(3y)12.23%
ROIC(5y)11.94%
ROICexc(3y)15.24%
ROICexc(5y)15.49%
ROICexgc(3y)37.17%
ROICexgc(5y)37.38%
ROCE(3y)16.37%
ROCE(5y)16.08%
ROICexgc growth 3Y-3.6%
ROICexgc growth 5Y-3.76%
ROICexc growth 3Y-5.53%
ROICexc growth 5Y-5.14%
OM growth 3Y-1.26%
OM growth 5Y0.55%
PM growth 3Y-2.75%
PM growth 5Y-2.4%
GM growth 3Y6%
GM growth 5Y2.48%
F-Score4
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.2 | ||
| Debt/FCF | 6.01 | ||
| Debt/EBITDA | 3.83 | ||
| Cap/Depr | 85.12% | ||
| Cap/Sales | 3.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.63% | ||
| Profit Quality | 100.57% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3 |
F-Score4
WACC7.51%
ROIC/WACC1.31
Cap/Depr(3y)79.74%
Cap/Depr(5y)80.57%
Cap/Sales(3y)2.67%
Cap/Sales(5y)2.68%
Profit Quality(3y)84.42%
Profit Quality(5y)91.4%
High Growth Momentum
Growth
EPS 1Y (TTM)6.35%
EPS 3Y6.74%
EPS 5Y3.71%
EPS Q2Q%9.3%
EPS Next Y9.98%
EPS Next 2Y4.92%
EPS Next 3Y6.23%
EPS Next 5Y9.36%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y3.83%
Revenue growth 5Y0.96%
Sales Q2Q%6.99%
Revenue Next Year6.51%
Revenue Next 2Y2.11%
Revenue Next 3Y3.21%
Revenue Next 5Y4.94%
EBIT growth 1Y3.23%
EBIT growth 3Y2.52%
EBIT growth 5Y1.51%
EBIT Next Year23.61%
EBIT Next 3Y12.26%
EBIT Next 5Y10.87%
FCF growth 1Y60.73%
FCF growth 3Y-1.38%
FCF growth 5Y-4.03%
OCF growth 1Y57.55%
OCF growth 3Y0.32%
OCF growth 5Y-2.44%
HONEYWELL INTERNATIONAL INC / ALD.DE FAQ
Can you provide the ChartMill fundamental rating for HONEYWELL INTERNATIONAL INC?
ChartMill assigns a fundamental rating of 6 / 10 to ALD.DE.
What is the valuation status of HONEYWELL INTERNATIONAL INC (ALD.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to HONEYWELL INTERNATIONAL INC (ALD.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for HONEYWELL INTERNATIONAL INC?
HONEYWELL INTERNATIONAL INC (ALD.DE) has a profitability rating of 8 / 10.
What is the financial health of HONEYWELL INTERNATIONAL INC (ALD.DE) stock?
The financial health rating of HONEYWELL INTERNATIONAL INC (ALD.DE) is 5 / 10.
What is the earnings growth outlook for HONEYWELL INTERNATIONAL INC?
The Earnings per Share (EPS) of HONEYWELL INTERNATIONAL INC (ALD.DE) is expected to grow by 9.98% in the next year.