EL.EN. SPA (ELN.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ELN - IT0005453250 - Common Stock
12.7 EUR
-0.04 (-0.31%)
Taking everything into account, ELN scores 6 out of 10 in our fundamental rating. ELN was compared to 65 industry peers in the Health Care Equipment & Supplies industry. ELN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ELN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ELN was profitable.
In the past year ELN had a positive cash flow from operations.
Each year in the past 5 years ELN has been profitable.
ELN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.97%, ELN is doing good in the industry, outperforming 75.38% of the companies in the same industry.
ELN has a Return On Equity of 13.41%. This is in the better half of the industry: ELN outperforms 75.38% of its industry peers.
ELN has a Return On Invested Capital of 9.99%. This is in the better half of the industry: ELN outperforms 80.00% of its industry peers.
ELN had an Average Return On Invested Capital over the past 3 years of 12.55%. This is above the industry average of 9.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 13.41% | ||
| ROIC | 9.99% |
ROA(3y)7.05%
ROA(5y)6.49%
ROE(3y)14.98%
ROE(5y)14.16%
ROIC(3y)12.55%
ROIC(5y)11.74%
1.3 Margins
ELN has a Profit Margin (9.12%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ELN has grown nicely.
Looking at the Operating Margin, with a value of 13.81%, ELN is in the better half of the industry, outperforming 63.08% of the companies in the same industry.
ELN's Operating Margin has improved in the last couple of years.
ELN's Gross Margin of 44.57% is on the low side compared to the rest of the industry. ELN is outperformed by 72.31% of its industry peers.
ELN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.81% | ||
| PM (TTM) | 9.12% | ||
| GM | 44.57% |
OM growth 3Y6.85%
OM growth 5Y7.8%
PM growth 3Y4.68%
PM growth 5Y7.04%
GM growth 3Y4.81%
GM growth 5Y1.51%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ELN is creating some value.
The number of shares outstanding for ELN remains at a similar level compared to 1 year ago.
The number of shares outstanding for ELN has been increased compared to 5 years ago.
The debt/assets ratio for ELN has been reduced compared to a year ago.
2.2 Solvency
ELN has an Altman-Z score of 3.95. This indicates that ELN is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ELN (3.95) is better than 67.69% of its industry peers.
The Debt to FCF ratio of ELN is 0.83, which is an excellent value as it means it would take ELN, only 0.83 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.83, ELN belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that ELN is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.06, ELN belongs to the best of the industry, outperforming 86.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 3.95 |
ROIC/WACC1.29
WACC7.77%
2.3 Liquidity
A Current Ratio of 2.77 indicates that ELN has no problem at all paying its short term obligations.
The Current ratio of ELN (2.77) is better than 73.85% of its industry peers.
ELN has a Quick Ratio of 1.76. This is a normal value and indicates that ELN is financially healthy and should not expect problems in meeting its short term obligations.
ELN has a better Quick ratio (1.76) than 70.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.47% over the past year.
The Earnings Per Share has been growing by 14.69% on average over the past years. This is quite good.
ELN shows a decrease in Revenue. In the last year, the revenue decreased by -1.76%.
ELN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.14% yearly.
EPS 1Y (TTM)8.47%
EPS 3Y3.84%
EPS 5Y14.69%
EPS Q2Q%15.38%
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y-0.33%
Revenue growth 5Y7.14%
Sales Q2Q%9.77%
3.2 Future
Based on estimates for the next years, ELN will show a small growth in Earnings Per Share. The EPS will grow by 5.90% on average per year.
ELN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by 0.00% yearly.
EPS Next Y-5.58%
EPS Next 2Y4.85%
EPS Next 3Y5.9%
EPS Next 5YN/A
Revenue Next Year-11.76%
Revenue Next 2Y-3.09%
Revenue Next 3Y0%
Revenue Next 5YN/A
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
ELN is valuated rather expensively with a Price/Earnings ratio of 19.84.
78.46% of the companies in the same industry are more expensive than ELN, based on the Price/Earnings ratio.
ELN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 19.37 indicates a rather expensive valuation of ELN.
61.54% of the companies in the same industry are more expensive than ELN, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.56. ELN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.84 | ||
| Fwd PE | 19.37 |
4.2 Price Multiples
83.08% of the companies in the same industry are more expensive than ELN, based on the Enterprise Value to EBITDA ratio.
ELN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ELN is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.03 | ||
| EV/EBITDA | 9.97 |
4.3 Compensation for Growth
ELN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.35
EPS Next 2Y4.85%
EPS Next 3Y5.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.73%, ELN has a reasonable but not impressive dividend return.
ELN's Dividend Yield is a higher than the industry average which is at 2.15.
Compared to the average S&P500 Dividend Yield of 2.32, ELN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
On average, the dividend of ELN grows each year by 13.86%, which is quite nice.
Dividend Growth(5Y)13.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
33.04% of the earnings are spent on dividend by ELN. This is a low number and sustainable payout ratio.
The dividend of ELN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.04%
EPS Next 2Y4.85%
EPS Next 3Y5.9%
BIT:ELN (11/28/2025, 5:35:30 PM)
12.7
-0.04 (-0.31%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners32.36%
Inst Owner ChangeN/A
Ins Owners34.73%
Ins Owner ChangeN/A
Market Cap1.02B
Revenue(TTM)565.85M
Net Income(TTM)51.61M
Analysts80
Price Target12.78 (0.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend0.21
Dividend Growth(5Y)13.86%
DP33.04%
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)1.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.46%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.84 | ||
| Fwd PE | 19.37 | ||
| P/S | 1.8 | ||
| P/FCF | 18.03 | ||
| P/OCF | 15.78 | ||
| P/B | 2.65 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | 9.97 |
EPS(TTM)0.64
EY5.04%
EPS(NY)0.66
Fwd EY5.16%
FCF(TTM)0.7
FCFY5.55%
OCF(TTM)0.8
OCFY6.34%
SpS7.05
BVpS4.8
TBVpS4.74
PEG (NY)N/A
PEG (5Y)1.35
Graham Number8.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 13.41% | ||
| ROCE | 13.71% | ||
| ROIC | 9.99% | ||
| ROICexc | 13.8% | ||
| ROICexgc | 13.96% | ||
| OM | 13.81% | ||
| PM (TTM) | 9.12% | ||
| GM | 44.57% | ||
| FCFM | 9.99% |
ROA(3y)7.05%
ROA(5y)6.49%
ROE(3y)14.98%
ROE(5y)14.16%
ROIC(3y)12.55%
ROIC(5y)11.74%
ROICexc(3y)19.13%
ROICexc(5y)19.78%
ROICexgc(3y)19.96%
ROICexgc(5y)20.52%
ROCE(3y)17.23%
ROCE(5y)16.12%
ROICexgc growth 3Y-21.78%
ROICexgc growth 5Y-3.15%
ROICexc growth 3Y-21.3%
ROICexc growth 5Y-2.82%
OM growth 3Y6.85%
OM growth 5Y7.8%
PM growth 3Y4.68%
PM growth 5Y7.04%
GM growth 3Y4.81%
GM growth 5Y1.51%
F-Score8
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 67.3% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 38.95 | ||
| Cash Conversion | 71.64% | ||
| Profit Quality | 109.48% | ||
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 3.95 |
F-Score8
WACC7.77%
ROIC/WACC1.29
Cap/Depr(3y)125.06%
Cap/Depr(5y)136.88%
Cap/Sales(3y)2.06%
Cap/Sales(5y)2.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.47%
EPS 3Y3.84%
EPS 5Y14.69%
EPS Q2Q%15.38%
EPS Next Y-5.58%
EPS Next 2Y4.85%
EPS Next 3Y5.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y-0.33%
Revenue growth 5Y7.14%
Sales Q2Q%9.77%
Revenue Next Year-11.76%
Revenue Next 2Y-3.09%
Revenue Next 3Y0%
Revenue Next 5YN/A
EBIT growth 1Y0.01%
EBIT growth 3Y6.5%
EBIT growth 5Y15.5%
EBIT Next Year23.96%
EBIT Next 3Y12.84%
EBIT Next 5YN/A
FCF growth 1Y2446.41%
FCF growth 3Y-4.44%
FCF growth 5Y26.91%
OCF growth 1Y536.64%
OCF growth 3Y-6.7%
OCF growth 5Y11.34%
EL.EN. SPA / ELN.MI FAQ
What is the fundamental rating for ELN stock?
ChartMill assigns a fundamental rating of 6 / 10 to ELN.MI.
What is the valuation status of EL.EN. SPA (ELN.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to EL.EN. SPA (ELN.MI). This can be considered as Fairly Valued.
What is the profitability of ELN stock?
EL.EN. SPA (ELN.MI) has a profitability rating of 7 / 10.
What are the PE and PB ratios of EL.EN. SPA (ELN.MI) stock?
The Price/Earnings (PE) ratio for EL.EN. SPA (ELN.MI) is 19.84 and the Price/Book (PB) ratio is 2.65.
How sustainable is the dividend of EL.EN. SPA (ELN.MI) stock?
The dividend rating of EL.EN. SPA (ELN.MI) is 4 / 10 and the dividend payout ratio is 33.04%.