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 35 industry peers in the Household Durables industry. ELC has a medium profitability rating, but doesn't score so well on its financial health evaluation. ELC has a correct valuation and a medium growth rate.
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.
ELC had positive earnings in 4 of the past 5 years.
ELC had a positive operating cash flow in each of the past 5 years.
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 66.67% of its industry peers.
ELC has a Return On Equity (5.89%) which is in line with its industry peers.
With a Return On Invested Capital value of 1.97%, ELC is not doing good in the industry: 80.56% 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 15.60%.
The 3 year average ROIC (6.62%) for ELC is well above the current ROIC(1.97%). The reason for the recent decline needs to be investigated.
| 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 66.67% of its industry peers.
In the last couple of years the Profit Margin of ELC has grown nicely.
Looking at the Operating Margin, with a value of 1.22%, ELC is doing worse than 80.56% of the companies in the same industry.
ELC's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 47.84%, ELC is doing good in the industry, outperforming 63.89% of the companies in the same industry.
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 just above the Cost of Capital (WACC), so ELC is still creating some value.
Compared to 1 year ago, ELC has less shares outstanding
ELC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ELC has a worse debt to assets ratio.
2.2 Solvency
ELC has an Altman-Z score of 1.85. This is not the best score and indicates that ELC is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ELC (1.85) is comparable to the rest of the industry.
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 has a Debt to FCF ratio of 12.18. This is comparable to the rest of the industry: ELC outperforms 50.00% 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 Debt to Equity ratio value of 0.34, ELC perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.18 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.3
WACC6.61%
2.3 Liquidity
A Current Ratio of 0.95 indicates that ELC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.95, ELC is doing worse than 86.11% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that ELC may have some problems paying 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 86.11% of its industry peers.
| 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%.
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.
The Revenue has decreased by -4.46% in the past year.
ELC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.19% yearly.
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
The Earnings Per Share is expected to grow by 48.53% on average over the next years. This is a very strong growth
ELC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.94% yearly.
EPS Next Y-154.79%
EPS Next 2Y85.07%
EPS Next 3Y74.82%
EPS Next 5Y48.53%
Revenue Next Year1.3%
Revenue Next 2Y3.09%
Revenue Next 3Y3.24%
Revenue Next 5Y1.94%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ELC is valuated reasonably with a Price/Earnings ratio of 10.77.
66.67% of the companies in the same industry are more expensive than ELC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.50. ELC is valued rather cheaply when compared to this.
The Forward Price/Earnings Ratio is negative for ELC. No positive earnings are expected for the next year.
| 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 the industry average as 72.22% of the companies are valued more expensively.
ELC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ELC is cheaper than 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 5.09 |
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)0.51
EPS Next 2Y85.07%
EPS Next 3Y74.82%
5. Dividend
5.1 Amount
ELC has a Yearly Dividend Yield of 2.83%.
Compared to an average industry Dividend Yield of 4.44, ELC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, ELC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
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 (7/16/2025, 7:00:00 PM)
1.4
+0.03 (+2.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners6.19%
Inst Owner ChangeN/A
Ins Owners53.06%
Ins Owner ChangeN/A
Market Cap88.65M
Analysts74.29
Price Target1.73 (23.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
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%
PT rev (3m)-2.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
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
WACC6.61%
ROIC/WACC0.3
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 5Y48.53%
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 5Y35.78%
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%