ELICA SPA (ELC.MI) Stock Fundamental Analysis
BIT:ELC - Euronext Milan - IT0003404214 - Common Stock - Currency: EUR
ELC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Household Durables industry. While ELC is still in line with the averages on profitability rating, there are concerns on its financial health. ELC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ELC had positive earnings in the past year.
ELC had a positive operating cash flow in the past year.
ELC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years ELC had a positive operating cash flow.
1.2 Ratios
ELC has a worse Return On Assets (1.96%) than 69.70% of its industry peers.
ELC has a worse Return On Equity (5.89%) than 69.70% of its industry peers.
ELC's Return On Invested Capital of 1.97% is on the low side compared to the rest of the industry. ELC is outperformed by 81.82% of its industry peers.
ELC had an Average Return On Invested Capital over the past 3 years of 6.62%. This is significantly below the industry average of 17.06%.
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's Profit Margin of 1.74% is on the low side compared to the rest of the industry. ELC is outperformed by 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 84.85% of its industry peers.
In the last couple of years the Operating Margin of ELC has declined.
ELC has a Gross Margin of 47.84%. This is in the better half 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELC is destroying value.
The number of shares outstanding for ELC has been reduced compared to 1 year ago.
ELC has less shares outstanding than it did 5 years ago.
ELC has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.84 indicates that ELC 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 1.84, ELC is doing worse than 60.61% of the companies in the same industry.
ELC has a debt to FCF ratio of 12.18. This is a negative value and a sign of low solvency as ELC would need 12.18 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.18, ELC perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
ELC has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
ELC's Debt to Equity ratio of 0.34 is in line compared to the rest of the industry. ELC outperforms 57.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.18 | ||
| Altman-Z | 1.84 |
ROIC/WACC0.29
WACC6.81%
2.3 Liquidity
A Current Ratio of 0.95 indicates that ELC may have some problems paying its short term obligations.
With a Current ratio value of 0.95, ELC is not doing good in the industry: 84.85% of the companies in the same industry are doing better.
ELC has a Quick Ratio of 0.95. This is a bad value and indicates that ELC is not financially healthy enough and could expect problems in meeting its short term obligations.
ELC's Quick ratio of 0.51 is on the low side compared to the rest of the industry. ELC is outperformed by 87.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The earnings per share for ELC have decreased strongly by -18.61% in the last year.
Measured over the past years, ELC shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.09% on average per year.
Looking at the last year, ELC shows a decrease in Revenue. The Revenue has decreased by -4.46% in the last year.
Measured over the past years, ELC shows a decrease in Revenue. The Revenue has been decreasing by -1.19% on average per year.
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 3Y3.26%
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 10.08 indicates a reasonable valuation of ELC.
The rest of the industry has a similar Price/Earnings ratio as ELC.
Compared to an average S&P500 Price/Earnings ratio of 23.99, ELC is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for ELC. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELC is valued a bit cheaper than the industry average as 60.61% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ELC is valued a bit cheaper than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.39 | ||
| EV/EBITDA | 4.96 |
4.3 Compensation for Growth
ELC's earnings are expected to grow with 74.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y85.07%
EPS Next 3Y74.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.04%, ELC has a reasonable but not impressive dividend return.
In the last 3 months the price of ELC has falen by -20.71%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
ELC's Dividend Yield is comparable with the industry average which is at 4.93.
Compared to an average S&P500 Dividend Yield of 2.44, ELC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
On average, the dividend of ELC grows each year by 25.06%, which is quite nice.
Dividend Growth(5Y)25.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELC pays out 48.06% of its income as dividend. 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 (5/8/2025, 12:59:55 PM)
1.31
-0.03 (-2.24%)
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 Cap82.95M
Analysts48.89
Price Target1.79 (36.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
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)-0.95%
PT rev (3m)-7.89%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-273.79%
EPS NY rev (3m)-119.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)-1.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | N/A | ||
| P/S | 0.18 | ||
| P/FCF | 10.39 | ||
| P/OCF | 3.3 | ||
| P/B | 0.62 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 4.96 |
EPS(TTM)0.13
EY9.92%
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)0.13
FCFY9.63%
OCF(TTM)0.4
OCFY30.3%
SpS7.14
BVpS2.11
TBVpS0.9
PEG (NY)N/A
PEG (5Y)0.48
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 | 1.84 |
F-Score5
WACC6.81%
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 3Y3.26%
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%