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 34 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.
In the past year ELC had a positive cash flow from operations.
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 Return On Assets of 1.96%. This is in the lower half of the industry: ELC underperforms 64.71% of its industry peers.
ELC has a Return On Equity (5.89%) which is in line with its industry peers.
The Return On Invested Capital of ELC (1.97%) is worse than 76.47% 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 16.06%.
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
Looking at the Profit Margin, with a value of 1.74%, ELC is doing worse than 64.71% of the companies in the same industry.
In the last couple of years the Profit Margin of ELC has grown nicely.
ELC has a worse Operating Margin (1.22%) than 76.47% of its industry peers.
ELC's Operating Margin has declined in the last couple of years.
The Gross Margin of ELC (47.84%) is better than 64.71% of its industry peers.
ELC's Gross Margin has been stable in the last couple of years.
| 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
ELC 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, ELC has less shares outstanding
The number of shares outstanding for ELC has been reduced compared to 5 years ago.
The debt/assets ratio for ELC is higher compared to a year ago.
2.2 Solvency
ELC has an Altman-Z score of 1.86. 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.
Looking at the Altman-Z score, with a value of 1.86, ELC is in line with its industry, outperforming 44.12% of the companies in the same 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.
With a Debt to FCF ratio value of 12.18, ELC perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that ELC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.34, ELC is in line with its industry, outperforming 55.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.18 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.3
WACC6.58%
2.3 Liquidity
ELC has a Current 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.
Looking at the Current ratio, with a value of 0.95, ELC is doing worse than 85.29% 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 has a worse Quick ratio (0.51) than 85.29% 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%.
ELC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.09% yearly.
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
Based on estimates for the next years, ELC will show a very strong growth in Earnings Per Share. The EPS will grow by 48.53% on average per year.
The Revenue is expected to grow by 1.94% on average over the next years.
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
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
Based on the Price/Earnings ratio of 11.31, the valuation of ELC can be described as reasonable.
Based on the Price/Earnings ratio, ELC is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.11. 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 | 11.31 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELC indicates a somewhat cheap valuation: ELC is cheaper than 67.65% of the companies listed in the same industry.
64.71% of the companies in the same industry are more expensive than ELC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.65 | ||
| EV/EBITDA | 5.25 |
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)0.54
EPS Next 2Y85.07%
EPS Next 3Y74.82%
5. Dividend
5.1 Amount
ELC has a Yearly Dividend Yield of 2.82%.
Compared to an average industry Dividend Yield of 4.67, ELC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, ELC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
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 (8/11/2025, 2:59:20 PM)
1.47
-0.01 (-0.54%)
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 Cap93.08M
Analysts74.29
Price Target1.73 (17.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
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%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.31 | ||
| Fwd PE | N/A | ||
| P/S | 0.21 | ||
| P/FCF | 11.65 | ||
| P/OCF | 3.7 | ||
| P/B | 0.7 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 5.25 |
EPS(TTM)0.13
EY8.84%
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)0.13
FCFY8.58%
OCF(TTM)0.4
OCFY27%
SpS7.14
BVpS2.11
TBVpS0.9
PEG (NY)N/A
PEG (5Y)0.54
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 | 1.86 |
F-Score5
WACC6.58%
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%