CEMBRE SPA (CMB.MI) Stock Fundamental Analysis
BIT:CMB - Euronext Milan - IT0001128047 - Common Stock - Currency: EUR
Overall CMB gets a fundamental rating of 7 out of 10. We evaluated CMB against 56 industry peers in the Electrical Equipment industry. CMB gets an excellent profitability rating and is at the same time showing great financial health properties. CMB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CMB was profitable.
In the past year CMB had a positive cash flow from operations.
In the past 5 years CMB has always been profitable.
Each year in the past 5 years CMB had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 22.35%, CMB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CMB has a Return On Equity of 27.58%. This is amongst the best in the industry. CMB outperforms 96.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 26.14%, CMB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CMB is significantly above the industry average of 8.08%.
The last Return On Invested Capital (26.14%) for CMB is above the 3 year average (18.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.35% | ||
| ROE | 27.58% | ||
| ROIC | 26.14% |
ROA(3y)15.11%
ROA(5y)12.91%
ROE(3y)18.73%
ROE(5y)16.43%
ROIC(3y)18.1%
ROIC(5y)16.11%
1.3 Margins
CMB has a better Profit Margin (17.82%) than 98.21% of its industry peers.
In the last couple of years the Profit Margin of CMB has grown nicely.
CMB has a better Operating Margin (22.77%) than 98.21% of its industry peers.
In the last couple of years the Operating Margin of CMB has grown nicely.
CMB has a better Gross Margin (68.51%) than 91.07% of its industry peers.
In the last couple of years the Gross Margin of CMB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.77% | ||
| PM (TTM) | 17.82% | ||
| GM | 68.51% |
OM growth 3Y3.91%
OM growth 5Y4.36%
PM growth 3Y6.9%
PM growth 5Y4.57%
GM growth 3Y0.43%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CMB is creating value.
Compared to 1 year ago, CMB has about the same amount of shares outstanding.
The number of shares outstanding for CMB has been increased compared to 5 years ago.
The debt/assets ratio for CMB is higher compared to a year ago.
2.2 Solvency
CMB has an Altman-Z score of 14.91. This indicates that CMB is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 14.91, CMB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CMB has a debt to FCF ratio of 0.69. This is a very positive value and a sign of high solvency as it would only need 0.69 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.69, CMB belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that CMB is not too dependend on debt financing.
CMB has a better Debt to Equity ratio (0.03) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.69 | ||
| Altman-Z | 14.91 |
ROIC/WACC3.08
WACC8.48%
2.3 Liquidity
CMB has a Current Ratio of 3.58. This indicates that CMB is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.58, CMB belongs to the best of the industry, outperforming 89.29% of the companies in the same industry.
CMB has a Quick Ratio of 1.70. This is a normal value and indicates that CMB is financially healthy and should not expect problems in meeting its short term obligations.
CMB has a Quick ratio of 1.70. This is amongst the best in the industry. CMB outperforms 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.58 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
CMB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.81%.
CMB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.46% yearly.
Looking at the last year, CMB shows a small growth in Revenue. The Revenue has grown by 2.67% in the last year.
The Revenue has been growing by 9.44% on average over the past years. This is quite good.
EPS 1Y (TTM)6.81%
EPS 3Y18.82%
EPS 5Y14.46%
EPS Q2Q%22.42%
Revenue 1Y (TTM)2.67%
Revenue growth 3Y11.25%
Revenue growth 5Y9.44%
Sales Q2Q%2.31%
3.2 Future
The Earnings Per Share is expected to grow by 8.69% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.22% on average over the next years.
EPS Next Y9.33%
EPS Next 2Y8.43%
EPS Next 3Y8.69%
EPS Next 5YN/A
Revenue Next Year6.75%
Revenue Next 2Y6.83%
Revenue Next 3Y7.22%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.89, CMB is valued correctly.
CMB's Price/Earnings ratio is a bit cheaper when compared to the industry. CMB is cheaper than 76.79% of the companies in the same industry.
CMB is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.35 indicates a rather expensive valuation of CMB.
CMB's Price/Forward Earnings ratio is in line with the industry average.
CMB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.89 | ||
| Fwd PE | 20.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMB indicates a somewhat cheap valuation: CMB is cheaper than 66.07% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CMB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57 | ||
| EV/EBITDA | 10.57 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CMB may justify a higher PE ratio.
PEG (NY)1.6
PEG (5Y)1.03
EPS Next 2Y8.43%
EPS Next 3Y8.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.39%, CMB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.58, CMB pays a better dividend. On top of this CMB pays more dividend than 91.07% of the companies listed in the same industry.
CMB's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
On average, the dividend of CMB grows each year by 14.86%, which is quite nice.
Dividend Growth(5Y)14.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
49.88% of the earnings are spent on dividend by CMB. This is a bit on the high side, but may be sustainable.
The dividend of CMB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP49.88%
EPS Next 2Y8.43%
EPS Next 3Y8.69%
BIT:CMB (6/19/2025, 5:29:57 PM)
55.7
-0.9 (-1.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.59%
Inst Owner ChangeN/A
Ins Owners17.89%
Ins Owner ChangeN/A
Market Cap946.90M
Analysts47.5
Price Target46.41 (-16.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend1.8
Dividend Growth(5Y)14.86%
DP49.88%
Div Incr Years0
Div Non Decr Years0
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)0%
PT rev (3m)12.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.89 | ||
| Fwd PE | 20.35 | ||
| P/S | 2.78 | ||
| P/FCF | 57 | ||
| P/OCF | 20.53 | ||
| P/B | 4.31 | ||
| P/tB | 4.5 | ||
| EV/EBITDA | 10.57 |
EPS(TTM)3.74
EY6.71%
EPS(NY)2.74
Fwd EY4.91%
FCF(TTM)0.98
FCFY1.75%
OCF(TTM)2.71
OCFY4.87%
SpS20.01
BVpS12.93
TBVpS12.37
PEG (NY)1.6
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.35% | ||
| ROE | 27.58% | ||
| ROCE | 33.38% | ||
| ROIC | 26.14% | ||
| ROICexc | 27.76% | ||
| ROICexgc | 29.02% | ||
| OM | 22.77% | ||
| PM (TTM) | 17.82% | ||
| GM | 68.51% | ||
| FCFM | 4.88% |
ROA(3y)15.11%
ROA(5y)12.91%
ROE(3y)18.73%
ROE(5y)16.43%
ROIC(3y)18.1%
ROIC(5y)16.11%
ROICexc(3y)20.33%
ROICexc(5y)20.99%
ROICexgc(3y)21.37%
ROICexgc(5y)22.45%
ROCE(3y)23.12%
ROCE(5y)20.57%
ROICexcg growth 3Y-14.75%
ROICexcg growth 5Y5.69%
ROICexc growth 3Y-13.07%
ROICexc growth 5Y6.06%
OM growth 3Y3.91%
OM growth 5Y4.36%
PM growth 3Y6.9%
PM growth 5Y4.57%
GM growth 3Y0.43%
GM growth 5Y0.07%
F-Score3
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.69 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 220.74% | ||
| Cap/Sales | 8.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.8% | ||
| Profit Quality | 27.41% | ||
| Current Ratio | 3.58 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 14.91 |
F-Score3
WACC8.48%
ROIC/WACC3.08
Cap/Depr(3y)146.17%
Cap/Depr(5y)118%
Cap/Sales(3y)8.53%
Cap/Sales(5y)7.36%
Profit Quality(3y)53.16%
Profit Quality(5y)75.45%
High Growth Momentum
Growth
EPS 1Y (TTM)6.81%
EPS 3Y18.82%
EPS 5Y14.46%
EPS Q2Q%22.42%
EPS Next Y9.33%
EPS Next 2Y8.43%
EPS Next 3Y8.69%
EPS Next 5YN/A
Revenue 1Y (TTM)2.67%
Revenue growth 3Y11.25%
Revenue growth 5Y9.44%
Sales Q2Q%2.31%
Revenue Next Year6.75%
Revenue Next 2Y6.83%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
EBIT growth 1Y-2.6%
EBIT growth 3Y15.6%
EBIT growth 5Y14.22%
EBIT Next Year42.86%
EBIT Next 3Y17.88%
EBIT Next 5YN/A
FCF growth 1Y-45.08%
FCF growth 3Y-14.59%
FCF growth 5Y-5.79%
OCF growth 1Y2.94%
OCF growth 3Y8.96%
OCF growth 5Y6.26%