ELICA SPA (ELC.MI) Stock Fundamental Analysis
BIT:ELC - Euronext Milan - IT0003404214 - Common Stock - Currency: EUR
Overall ELC gets a fundamental rating of 4 out of 10. We evaluated ELC against 33 industry peers in the Household Durables industry. There are concerns on the financial health of ELC while its profitability can be described as average. ELC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ELC had positive earnings in the past year.
In the past year ELC had a positive cash flow from operations.
Of the past 5 years ELC 4 years were profitable.
Each year in the past 5 years ELC had a positive operating cash flow.
1.2 Ratios
ELC's Return On Assets of 1.96% is on the low side compared to the rest of the industry. ELC is outperformed by 69.70% of its industry peers.
ELC's Return On Equity of 5.89% is on the low side compared to the rest of the industry. ELC is outperformed by 66.67% of its industry peers.
With a Return On Invested Capital value of 1.97%, ELC is not doing good in the industry: 78.79% of the companies in the same industry are doing better.
ELC had an Average Return On Invested Capital over the past 3 years of 6.62%. This is significantly below the industry average of 14.77%.
The last Return On Invested Capital (1.97%) for ELC is well below the 3 year average (6.62%), which needs to be investigated, but indicates that ELC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 5.89% | ||
| ROIC | 1.97% |
ROA(3y)2.64%
ROA(5y)1.98%
ROE(3y)8.45%
ROE(5y)6.8%
ROIC(3y)6.62%
ROIC(5y)6.63%
1.3 Margins
ELC has a Profit Margin of 1.74%. This is in the lower half of the industry: ELC underperforms 69.70% of its industry peers.
In the last couple of years the Profit Margin of ELC has grown nicely.
ELC's Operating Margin of 1.22% is on the low side compared to the rest of the industry. ELC is outperformed by 81.82% of its industry peers.
ELC's Operating Margin has declined in the last couple of years.
ELC's Gross Margin of 47.84% is fine compared to the rest of the industry. ELC outperforms 63.64% of its industry peers.
In the last couple of years the Gross Margin of ELC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.22% | ||
| PM (TTM) | 1.74% | ||
| GM | 47.84% |
OM growth 3Y-39.38%
OM growth 5Y-20.48%
PM growth 3Y-8.05%
PM growth 5Y22.22%
GM growth 3Y0.46%
GM growth 5Y0.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELC is destroying value.
ELC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELC has less shares outstanding
Compared to 1 year ago, ELC has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.85 indicates that ELC is not a great score, but indicates only limited risk for bankruptcy at the moment.
ELC has a Altman-Z score (1.85) which is in line with its industry peers.
The Debt to FCF ratio of ELC is 12.18, which is on the high side as it means it would take ELC, 12.18 years of fcf income to pay off all of its debts.
ELC's Debt to FCF ratio of 12.18 is in line compared to the rest of the industry. ELC outperforms 48.48% of its industry peers.
ELC has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.34, ELC is doing good in the industry, outperforming 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.18 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.29
WACC6.73%
2.3 Liquidity
A Current Ratio of 0.95 indicates that ELC may have some problems paying its short term obligations.
The Current ratio of ELC (0.95) is worse than 87.88% of its industry peers.
A Quick Ratio of 0.51 indicates that ELC may have some problems paying its short term obligations.
With a Quick ratio value of 0.51, ELC is not doing good in the industry: 87.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
ELC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.61%.
The Earnings Per Share has been growing by 21.09% on average over the past years. This is a very strong growth
ELC shows a decrease in Revenue. In the last year, the revenue decreased by -4.46%.
The Revenue has been decreasing by -1.19% on average over the past years.
EPS 1Y (TTM)-18.61%
EPS 3Y-12.71%
EPS 5Y21.09%
EPS Q2Q%272.59%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y-5.83%
Revenue growth 5Y-1.19%
Sales Q2Q%-1.79%
3.2 Future
Based on estimates for the next years, ELC will show a very strong growth in Earnings Per Share. The EPS will grow by 49.40% on average per year.
Based on estimates for the next years, ELC will show a small growth in Revenue. The Revenue will grow by 1.94% on average per year.
EPS Next Y-154.79%
EPS Next 2Y85.07%
EPS Next 3Y74.82%
EPS Next 5Y49.4%
Revenue Next Year1.3%
Revenue Next 2Y3.09%
Revenue Next 3Y3.24%
Revenue Next 5Y1.94%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.77 indicates a reasonable valuation of ELC.
ELC's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.43. ELC is valued rather cheaply when compared to this.
ELC is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELC is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELC indicates a somewhat cheap valuation: ELC is cheaper than 63.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 5.09 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ELC's earnings are expected to grow with 74.82% in the coming years.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y85.07%
EPS Next 3Y74.82%
5. Dividend
5.1 Amount
ELC has a Yearly Dividend Yield of 2.77%.
ELC's Dividend Yield is comparable with the industry average which is at 4.41.
ELC's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
5.2 History
The dividend of ELC is nicely growing with an annual growth rate of 25.06%!
Dividend Growth(5Y)25.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
48.06% of the earnings are spent on dividend by ELC. This is a bit on the high side, but may be sustainable.
ELC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.06%
EPS Next 2Y85.07%
EPS Next 3Y74.82%
BIT:ELC (6/2/2025, 7:00:00 PM)
1.4
-0.04 (-2.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners8.95%
Inst Owner ChangeN/A
Ins Owners53.06%
Ins Owner ChangeN/A
Market Cap88.65M
Analysts48.89
Price Target1.73 (23.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
Yearly Dividend0.06
Dividend Growth(5Y)25.06%
DP48.06%
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)-2.86%
PT rev (3m)-8.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-121.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | N/A | ||
| P/S | 0.2 | ||
| P/FCF | 11.1 | ||
| P/OCF | 3.53 | ||
| P/B | 0.66 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 5.09 |
EPS(TTM)0.13
EY9.29%
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)0.13
FCFY9.01%
OCF(TTM)0.4
OCFY28.35%
SpS7.14
BVpS2.11
TBVpS0.9
PEG (NY)N/A
PEG (5Y)0.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 5.89% | ||
| ROCE | 2.65% | ||
| ROIC | 1.97% | ||
| ROICexc | 2.45% | ||
| ROICexgc | 4.52% | ||
| OM | 1.22% | ||
| PM (TTM) | 1.74% | ||
| GM | 47.84% | ||
| FCFM | 1.77% |
ROA(3y)2.64%
ROA(5y)1.98%
ROE(3y)8.45%
ROE(5y)6.8%
ROIC(3y)6.62%
ROIC(5y)6.63%
ROICexc(3y)8.71%
ROICexc(5y)9.28%
ROICexgc(3y)15.84%
ROICexgc(5y)17.21%
ROCE(3y)8.89%
ROCE(5y)8.91%
ROICexcg growth 3Y-46.52%
ROICexcg growth 5Y-17.91%
ROICexc growth 3Y-44.27%
ROICexc growth 5Y-20.22%
OM growth 3Y-39.38%
OM growth 5Y-20.48%
PM growth 3Y-8.05%
PM growth 5Y22.22%
GM growth 3Y0.46%
GM growth 5Y0.17%
F-Score5
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.18 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | 74.53% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 0.85 | ||
| Cash Conversion | 88.19% | ||
| Profit Quality | 101.51% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.85 |
F-Score5
WACC6.73%
ROIC/WACC0.29
Cap/Depr(3y)80.43%
Cap/Depr(5y)79.45%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.84%
Profit Quality(3y)108.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.61%
EPS 3Y-12.71%
EPS 5Y21.09%
EPS Q2Q%272.59%
EPS Next Y-154.79%
EPS Next 2Y85.07%
EPS Next 3Y74.82%
EPS Next 5Y49.4%
Revenue 1Y (TTM)-4.46%
Revenue growth 3Y-5.83%
Revenue growth 5Y-1.19%
Sales Q2Q%-1.79%
Revenue Next Year1.3%
Revenue Next 2Y3.09%
Revenue Next 3Y3.24%
Revenue Next 5Y1.94%
EBIT growth 1Y-75.19%
EBIT growth 3Y-42.91%
EBIT growth 5Y-21.43%
EBIT Next Year218.31%
EBIT Next 3Y65.35%
EBIT Next 5Y36.57%
FCF growth 1Y-24.19%
FCF growth 3Y-34.82%
FCF growth 5Y-7%
OCF growth 1Y-5.68%
OCF growth 3Y-21.78%
OCF growth 5Y-6.91%