TARGET CORP (DYH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DYH - US87612E1064 - Common Stock
91.52 EUR
+1.54 (+1.71%)
Taking everything into account, DYH scores 5 out of 10 in our fundamental rating. DYH was compared to 24 industry peers in the Consumer Staples Distribution & Retail industry. DYH scores excellent on profitability, but there are some minor concerns on its financial health. DYH is valued correctly, but it does not seem to be growing. Finally DYH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year DYH was profitable.
- DYH had a positive operating cash flow in the past year.
- 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 74.07% of its industry peers.
- Looking at the Return On Equity, with a value of 24.28%, DYH belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
- The Return On Invested Capital of DYH (12.98%) is better than 85.19% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for DYH is in line with the industry average of 9.20%.
- 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
- Looking at the Profit Margin, with a value of 3.58%, DYH belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
- In the last couple of years the Profit Margin of DYH has declined.
- DYH has a better Operating Margin (6.13%) than 88.89% of its industry peers.
- DYH's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 27.74%, DYH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- 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
- DYH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
- The debt/assets ratio for DYH has been reduced compared to a year ago.
2.2 Solvency
- DYH has an Altman-Z score of 2.96. 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 2.96 is in line compared to the rest of the industry. DYH outperforms 55.56% of its industry peers.
- The Debt to FCF ratio of DYH is 5.48, which is a neutral value as it means it would take DYH, 5.48 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of DYH (5.48) is comparable to the rest of the industry.
- DYH has a Debt/Equity ratio of 0.99. This is a neutral value indicating DYH is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.99, DYH is in line with its industry, outperforming 51.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.79
WACC7.24%
2.3 Liquidity
- A Current Ratio of 0.97 indicates that DYH may have some problems paying its short term obligations.
- DYH has a better Current ratio (0.97) than 62.96% of its industry peers.
- A Quick Ratio of 0.27 indicates that DYH may have some problems paying its short term obligations.
- The Quick ratio of DYH (0.27) is worse than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
- The earnings per share for DYH have decreased strongly by -20.04% in the last year.
- DYH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.72% yearly.
- DYH shows a decrease in Revenue. In the last year, the revenue decreased by -2.16%.
- Measured over the past years, DYH shows a small growth in Revenue. The Revenue has been growing by 6.41% on average per year.
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.
- DYH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.93% yearly.
EPS Next Y-16.77%
EPS Next 2Y-5.84%
EPS Next 3Y-1.8%
EPS Next 5Y2.64%
Revenue Next Year-1.49%
Revenue Next 2Y0.14%
Revenue Next 3Y1%
Revenue Next 5Y1.93%
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 14.26, DYH is valued correctly.
- Compared to the rest of the industry, the Price/Earnings ratio of DYH is on the same level as its industry peers.
- DYH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.21.
- Based on the Price/Forward Earnings ratio of 13.68, the valuation of DYH can be described as correct.
- DYH's Price/Forward Earnings ratio is in line with the industry average.
- DYH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.26 | ||
| Fwd PE | 13.68 |
4.2 Price Multiples
- 77.78% of the companies in the same industry are more expensive than DYH, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DYH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.17 | ||
| EV/EBITDA | 6.42 |
4.3 Compensation for Growth
- DYH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.12
EPS Next 2Y-5.84%
EPS Next 3Y-1.8%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.28%, DYH is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.82, DYH pays a better dividend. On top of this DYH pays more dividend than 81.48% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, DYH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
- On average, the dividend of DYH grows each year by 11.38%, which is quite nice.
Dividend Growth(5Y)11.38%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- DYH pays out 54.48% of its income as dividend. 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-5.84%
EPS Next 3Y-1.8%
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%.