DANAHER CORP (DAP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DAP - US2358511028 - Common Stock
200.6 EUR
-4.7 (-2.29%)
Overall DAP gets a fundamental rating of 5 out of 10. We evaluated DAP against 22 industry peers in the Life Sciences Tools & Services industry. DAP is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. While showing a medium growth rate, DAP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- DAP had positive earnings in the past year.
- In the past year DAP had a positive cash flow from operations.
- In the past 5 years DAP has always been profitable.
- Each year in the past 5 years DAP had a positive operating cash flow.
1.2 Ratios
- DAP has a Return On Assets (4.38%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 6.86%, DAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
- DAP has a worse Return On Invested Capital (5.38%) than 63.64% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for DAP is below the industry average of 9.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 6.86% | ||
| ROIC | 5.38% |
ROA(3y)6.35%
ROA(5y)6.24%
ROE(3y)10.31%
ROE(5y)10.73%
ROIC(3y)6.76%
ROIC(5y)6.52%
1.3 Margins
- With a decent Profit Margin value of 14.43%, DAP is doing good in the industry, outperforming 68.18% of the companies in the same industry.
- In the last couple of years the Profit Margin of DAP has remained more or less at the same level.
- DAP has a better Operating Margin (19.48%) than 81.82% of its industry peers.
- DAP's Operating Margin has improved in the last couple of years.
- DAP has a Gross Margin of 59.59%. This is in the better half of the industry: DAP outperforms 77.27% of its industry peers.
- In the last couple of years the Gross Margin of DAP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.48% | ||
| PM (TTM) | 14.43% | ||
| GM | 59.59% |
OM growth 3Y-5.38%
OM growth 5Y3.63%
PM growth 3Y-13.55%
PM growth 5Y-0.1%
GM growth 3Y-1.01%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
- DAP 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, DAP has less shares outstanding
- Compared to 5 years ago, DAP has more shares outstanding
- DAP has a better debt/assets ratio than last year.
2.2 Solvency
- DAP has an Altman-Z score of 4.82. This indicates that DAP is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.82, DAP belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
- The Debt to FCF ratio of DAP is 3.36, which is a good value as it means it would take DAP, 3.36 years of fcf income to pay off all of its debts.
- DAP has a better Debt to FCF ratio (3.36) than 77.27% of its industry peers.
- A Debt/Equity ratio of 0.33 indicates that DAP is not too dependend on debt financing.
- DAP has a better Debt to Equity ratio (0.33) than 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.36 | ||
| Altman-Z | 4.82 |
ROIC/WACC0.5
WACC10.72%
2.3 Liquidity
- A Current Ratio of 1.52 indicates that DAP should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.52, DAP is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
- A Quick Ratio of 1.10 indicates that DAP should not have too much problems paying its short term obligations.
- DAP has a Quick ratio (1.10) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- DAP shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.63%.
- DAP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.77% yearly.
- Looking at the last year, DAP shows a small growth in Revenue. The Revenue has grown by 2.22% in the last year.
- DAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.92% yearly.
EPS 1Y (TTM)3.63%
EPS 3Y-9.37%
EPS 5Y9.77%
EPS Q2Q%10.53%
Revenue 1Y (TTM)2.22%
Revenue growth 3Y-1.26%
Revenue growth 5Y5.92%
Sales Q2Q%4.4%
3.2 Future
- The Earnings Per Share is expected to grow by 8.92% on average over the next years. This is quite good.
- DAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.87% yearly.
EPS Next Y4.05%
EPS Next 2Y6.54%
EPS Next 3Y7.88%
EPS Next 5Y8.92%
Revenue Next Year3.16%
Revenue Next 2Y3.61%
Revenue Next 3Y4.52%
Revenue Next 5Y4.87%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 30.53 indicates a quite expensive valuation of DAP.
- DAP's Price/Earnings ratio is in line with the industry average.
- DAP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- DAP is valuated quite expensively with a Price/Forward Earnings ratio of 27.71.
- DAP's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of DAP to the average of the S&P500 Index (25.98), we can say DAP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.53 | ||
| Fwd PE | 27.71 |
4.2 Price Multiples
- 68.18% of the companies in the same industry are cheaper than DAP, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DAP indicates a somewhat cheap valuation: DAP is cheaper than 63.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.16 | ||
| EV/EBITDA | 25.43 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of DAP may justify a higher PE ratio.
PEG (NY)7.55
PEG (5Y)3.13
EPS Next 2Y6.54%
EPS Next 3Y7.88%
5. Dividend
5.1 Amount
- DAP has a yearly dividend return of 0.53%, which is pretty low.
- DAP's Dividend Yield is a higher than the industry average which is at 0.48.
- Compared to an average S&P500 Dividend Yield of 1.81, DAP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
- The dividend of DAP is nicely growing with an annual growth rate of 6.91%!
Dividend Growth(5Y)6.91%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- DAP pays out 24.18% of its income as dividend. This is a sustainable payout ratio.
- DAP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.18%
EPS Next 2Y6.54%
EPS Next 3Y7.88%
DANAHER CORP / DAP.DE FAQ
Can you provide the ChartMill fundamental rating for DANAHER CORP?
ChartMill assigns a fundamental rating of 5 / 10 to DAP.DE.
What is the valuation status of DANAHER CORP (DAP.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to DANAHER CORP (DAP.DE). This can be considered as Overvalued.
Can you provide the profitability details for DANAHER CORP?
DANAHER CORP (DAP.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of DANAHER CORP (DAP.DE) stock?
The Price/Earnings (PE) ratio for DANAHER CORP (DAP.DE) is 30.53 and the Price/Book (PB) ratio is 3.26.
Can you provide the expected EPS growth for DAP stock?
The Earnings per Share (EPS) of DANAHER CORP (DAP.DE) is expected to grow by 4.05% in the next year.