CORTICEIRA AMORIM SA (COR.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:COR - PTCOR0AE0006 - Common Stock
6.71 EUR
-0.04 (-0.59%)
We assign a fundamental rating of 7 out of 10 to COR. COR was compared to 13 industry peers in the Containers & Packaging industry. COR gets an excellent profitability rating and is at the same time showing great financial health properties. COR has a valuation in line with the averages, but on the other hand it scores bad on growth. COR also has an excellent dividend rating. With these ratings, COR could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
- In the past year COR was profitable.
- COR had a positive operating cash flow in the past year.
- Each year in the past 5 years COR has been profitable.
- COR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.87%, COR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- With a decent Return On Equity value of 11.89%, COR is doing good in the industry, outperforming 76.92% of the companies in the same industry.
- The Return On Invested Capital of COR (11.25%) is better than 100.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for COR is above the industry average of 6.42%.
- The last Return On Invested Capital (11.25%) for COR is above the 3 year average (9.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.89% | ||
| ROIC | 11.25% |
ROA(3y)6.38%
ROA(5y)6.49%
ROE(3y)12.22%
ROE(5y)12.18%
ROIC(3y)9.73%
ROIC(5y)9.73%
1.3 Margins
- COR has a Profit Margin of 6.55%. This is amongst the best in the industry. COR outperforms 84.62% of its industry peers.
- COR's Profit Margin has declined in the last couple of years.
- COR has a Operating Margin of 9.98%. This is in the better half of the industry: COR outperforms 69.23% of its industry peers.
- In the last couple of years the Operating Margin of COR has remained more or less at the same level.
- COR has a Gross Margin of 53.35%. This is in the better half of the industry: COR outperforms 76.92% of its industry peers.
- In the last couple of years the Gross Margin of COR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.98% | ||
| PM (TTM) | 6.55% | ||
| GM | 53.35% |
OM growth 3Y-1.35%
OM growth 5Y-1.21%
PM growth 3Y-5.95%
PM growth 5Y-5.01%
GM growth 3Y2.14%
GM growth 5Y1.29%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so COR is still creating some value.
- Compared to 1 year ago, COR has about the same amount of shares outstanding.
- Compared to 5 years ago, COR has about the same amount of shares outstanding.
- COR has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.87 indicates that COR is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.87, COR is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
- The Debt to FCF ratio of COR is 1.05, which is an excellent value as it means it would take COR, only 1.05 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of COR (1.05) is better than 100.00% of its industry peers.
- A Debt/Equity ratio of 0.15 indicates that COR is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.15, COR belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.64
WACC6.87%
2.3 Liquidity
- COR has a Current Ratio of 2.55. This indicates that COR is financially healthy and has no problem in meeting its short term obligations.
- COR's Current ratio of 2.55 is amongst the best of the industry. COR outperforms 100.00% of its industry peers.
- A Quick Ratio of 1.13 indicates that COR should not have too much problems paying its short term obligations.
- COR has a Quick ratio of 1.13. This is amongst the best in the industry. COR outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.55 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
- COR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.10%.
- COR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.32% yearly.
- COR shows a decrease in Revenue. In the last year, the revenue decreased by -4.47%.
- The Revenue has been growing slightly by 3.75% on average over the past years.
EPS 1Y (TTM)-12.1%
EPS 3Y-2.18%
EPS 5Y-1.32%
EPS Q2Q%-83.12%
Revenue 1Y (TTM)-4.47%
Revenue growth 3Y3.88%
Revenue growth 5Y3.75%
Sales Q2Q%-9.79%
3.2 Future
- The Earnings Per Share is expected to grow by 3.75% on average over the next years.
- Based on estimates for the next years, COR will show a small growth in Revenue. The Revenue will grow by 4.17% on average per year.
EPS Next Y-13.24%
EPS Next 2Y4.25%
EPS Next 3Y7.58%
EPS Next 5Y3.75%
Revenue Next Year-6.01%
Revenue Next 2Y-3%
Revenue Next 3Y-0.9%
Revenue Next 5Y4.17%
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.
- 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 10.17, the valuation of COR can be described as very reasonable.
- Based on the Price/Earnings ratio, COR is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
- COR is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- COR is valuated reasonably with a Price/Forward Earnings ratio of 11.99.
- 76.92% of the companies in the same industry are more expensive than COR, based on the Price/Forward Earnings ratio.
- COR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.17 | ||
| Fwd PE | 11.99 |
4.2 Price Multiples
- COR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. COR is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- COR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.25%
EPS Next 3Y7.58%
5. Dividend
5.1 Amount
- COR has a Yearly Dividend Yield of 4.69%, which is a nice return.
- COR's Dividend Yield is a higher than the industry average which is at 2.85.
- COR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
5.2 History
- The dividend of COR has a limited annual growth rate of 1.44%.
Dividend Growth(5Y)1.44%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
- 61.96% of the earnings are spent on dividend by COR. This is not a sustainable payout ratio.
- COR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP61.96%
EPS Next 2Y4.25%
EPS Next 3Y7.58%
CORTICEIRA AMORIM SA / COR.LS FAQ
What is the fundamental rating for COR stock?
ChartMill assigns a fundamental rating of 7 / 10 to COR.LS.
What is the valuation status for COR stock?
ChartMill assigns a valuation rating of 6 / 10 to CORTICEIRA AMORIM SA (COR.LS). This can be considered as Fairly Valued.
What is the profitability of COR stock?
CORTICEIRA AMORIM SA (COR.LS) has a profitability rating of 8 / 10.
What is the valuation of CORTICEIRA AMORIM SA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CORTICEIRA AMORIM SA (COR.LS) is 10.17 and the Price/Book (PB) ratio is 1.21.
What is the financial health of CORTICEIRA AMORIM SA (COR.LS) stock?
The financial health rating of CORTICEIRA AMORIM SA (COR.LS) is 8 / 10.