TARGET CORP (DYH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DYH - US87612E1064 - Common Stock
91.52 EUR
+1.54 (+1.71%)
DYH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 27 industry peers in the Consumer Staples Distribution & Retail industry. While DYH has a great profitability rating, there are some minor concerns on its financial health. DYH has a valuation in line with the averages, but it does not seem to be growing. DYH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year DYH was profitable.
- In the past year DYH had a positive cash flow from operations.
- DYH had positive earnings in each of the past 5 years.
- Each year in the past 5 years DYH had a positive operating cash flow.
1.2 Ratios
- DYH has a better Return On Assets (6.27%) than 77.78% of its industry peers.
- DYH's Return On Equity of 24.28% is amongst the best of the industry. DYH outperforms 92.59% of its industry peers.
- DYH's Return On Invested Capital of 12.98% is amongst the best of the industry. DYH outperforms 88.89% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DYH is in line with the industry average of 9.71%.
- The last Return On Invested Capital (12.98%) for DYH is above the 3 year average (11.15%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 24.28% | ||
| ROIC | 12.98% |
ROA(3y)6.59%
ROA(5y)8.24%
ROE(3y)27.82%
ROE(5y)33.57%
ROIC(3y)11.15%
ROIC(5y)14.5%
1.3 Margins
- DYH has a Profit Margin of 3.58%. This is amongst the best in the industry. DYH outperforms 96.30% of its industry peers.
- DYH's Profit Margin has declined in the last couple of years.
- DYH's Operating Margin of 6.13% is amongst the best of the industry. DYH outperforms 92.59% of its industry peers.
- In the last couple of years the Operating Margin of DYH has declined.
- DYH's Gross Margin of 27.74% is fine compared to the rest of the industry. DYH outperforms 70.37% of its industry peers.
- In the last couple of years the Gross Margin of DYH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.13% | ||
| PM (TTM) | 3.58% | ||
| GM | 27.74% |
OM growth 3Y-14.71%
OM growth 5Y-2.48%
PM growth 3Y-16.32%
PM growth 5Y-1.78%
GM growth 3Y-1.24%
GM growth 5Y-1.06%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DYH is creating some value.
- Compared to 1 year ago, DYH has less shares outstanding
- DYH has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, DYH has an improved debt to assets ratio.
2.2 Solvency
- DYH has an Altman-Z score of 2.95. This is not the best score and indicates that DYH is in the grey zone with still only limited risk for bankruptcy at the moment.
- DYH's Altman-Z score of 2.95 is in line compared to the rest of the industry. DYH outperforms 51.85% of its industry peers.
- DYH has a debt to FCF ratio of 5.48. This is a neutral value as DYH would need 5.48 years to pay back of all of its debts.
- DYH has a Debt to FCF ratio of 5.48. This is in the better half of the industry: DYH outperforms 62.96% of its industry peers.
- DYH has a Debt/Equity ratio of 0.99. This is a neutral value indicating DYH is somewhat dependend on debt financing.
- DYH has a Debt to Equity ratio (0.99) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.79
WACC7.24%
2.3 Liquidity
- DYH has a Current Ratio of 0.97. This is a bad value and indicates that DYH is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.97, DYH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- DYH has a Quick Ratio of 0.97. This is a bad value and indicates that DYH is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.27, DYH is not doing good in the industry: 74.07% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
- DYH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.04%.
- The Earnings Per Share has been growing slightly by 6.72% on average over the past years.
- The Revenue has decreased by -2.16% in the past year.
- DYH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.41% yearly.
EPS 1Y (TTM)-20.04%
EPS 3Y-13.2%
EPS 5Y6.72%
EPS Q2Q%-3.78%
Revenue 1Y (TTM)-2.16%
Revenue growth 3Y0.18%
Revenue growth 5Y6.41%
Sales Q2Q%-1.55%
3.2 Future
- DYH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.64% yearly.
- Based on estimates for the next years, DYH will show a small growth in Revenue. The Revenue will grow by 1.93% on average per year.
EPS Next Y-16.75%
EPS Next 2Y-5.93%
EPS Next 3Y-1.77%
EPS Next 5Y2.64%
Revenue Next Year-1.49%
Revenue Next 2Y0.15%
Revenue Next 3Y1.01%
Revenue Next 5Y1.93%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 14.21, which indicates a correct valuation of DYH.
- DYH's Price/Earnings ratio is a bit cheaper when compared to the industry. DYH is cheaper than 62.96% of the companies in the same industry.
- When comparing the Price/Earnings ratio of DYH to the average of the S&P500 Index (27.21), we can say DYH is valued slightly cheaper.
- A Price/Forward Earnings ratio of 13.66 indicates a correct valuation of DYH.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DYH is on the same level as its industry peers.
- DYH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.21 | ||
| Fwd PE | 13.66 |
4.2 Price Multiples
- 81.48% of the companies in the same industry are more expensive than DYH, based on the Enterprise Value to EBITDA ratio.
- DYH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.12 | ||
| EV/EBITDA | 6.32 |
4.3 Compensation for Growth
- The decent profitability rating of DYH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.11
EPS Next 2Y-5.93%
EPS Next 3Y-1.77%
5. Dividend
5.1 Amount
- DYH has a Yearly Dividend Yield of 4.10%, which is a nice return.
- DYH's Dividend Yield is a higher than the industry average which is at 2.88.
- Compared to an average S&P500 Dividend Yield of 1.82, DYH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
5.2 History
- The dividend of DYH is nicely growing with an annual growth rate of 11.38%!
Dividend Growth(5Y)11.38%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 54.48% of the earnings are spent on dividend by DYH. This is a bit on the high side, but may be sustainable.
- The dividend of DYH is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP54.48%
EPS Next 2Y-5.93%
EPS Next 3Y-1.77%
TARGET CORP / DYH.DE FAQ
What is the ChartMill fundamental rating of TARGET CORP (DYH.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DYH.DE.
Can you provide the valuation status for TARGET CORP?
ChartMill assigns a valuation rating of 4 / 10 to TARGET CORP (DYH.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for TARGET CORP?
TARGET CORP (DYH.DE) has a profitability rating of 7 / 10.
What is the financial health of TARGET CORP (DYH.DE) stock?
The financial health rating of TARGET CORP (DYH.DE) is 4 / 10.
How sustainable is the dividend of TARGET CORP (DYH.DE) stock?
The dividend rating of TARGET CORP (DYH.DE) is 7 / 10 and the dividend payout ratio is 54.48%.