EL.EN. SPA (ELN.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:ELN • IT0005453250
13.8 EUR
-0.07 (-0.5%)
Last: Jan 30, 2026, 07:00 PM
Overall ELN gets a fundamental rating of 6 out of 10. We evaluated ELN against 64 industry peers in the Health Care Equipment & Supplies industry. Both the health and profitability get an excellent rating, making ELN a very profitable company, without any liquidiy or solvency issues. 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.
- ELN had positive earnings in each of the past 5 years.
- Each year in the past 5 years ELN had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 6.97%, ELN is doing good in the industry, outperforming 79.69% 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 78.13% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.99%, ELN belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ELN is above the industry average of 9.97%.
| 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
- The Profit Margin of ELN (9.12%) is better than 64.06% of its industry peers.
- In the last couple of years the Profit Margin of ELN has grown nicely.
- ELN has a better Operating Margin (13.81%) than 67.19% of its industry peers.
- In the last couple of years the Operating Margin of ELN has grown nicely.
- With a Gross Margin value of 44.57%, ELN is not doing good in the industry: 73.44% of the companies in the same industry are doing better.
- 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.
- ELN has a better debt/assets ratio than last year.
2.2 Solvency
- ELN has an Altman-Z score of 4.10. This indicates that ELN is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 4.10, ELN is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- 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 90.63% of the companies in the same industry.
- A Debt/Equity ratio of 0.06 indicates that ELN is not too dependend on debt financing.
- ELN has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. ELN outperforms 85.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 4.1 |
ROIC/WACC1.26
WACC7.9%
2.3 Liquidity
- ELN has a Current Ratio of 2.77. This indicates that ELN is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.77, ELN is in the better half of the industry, outperforming 76.56% of the companies in the same industry.
- A Quick Ratio of 1.76 indicates that ELN should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.76, ELN is in the better half of the industry, outperforming 76.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
- ELN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.47%, which is quite good.
- The Earnings Per Share has been growing by 14.69% on average over the past years. This is quite good.
- Looking at the last year, ELN shows a decrease in Revenue. The Revenue has decreased by -1.76% in the last year.
- The Revenue has been growing slightly by 7.14% on average over the past years.
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 6.77% on average per year.
- The Revenue is expected to decrease by -0.05% on average over the next years.
EPS Next Y-10.33%
EPS Next 2Y5.77%
EPS Next 3Y6.77%
EPS Next 5YN/A
Revenue Next Year-12.26%
Revenue Next 2Y-3.27%
Revenue Next 3Y-0.05%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 21.56, ELN is valued on the expensive side.
- Based on the Price/Earnings ratio, ELN is valued a bit cheaper than 78.13% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ELN to the average of the S&P500 Index (28.32), we can say ELN is valued slightly cheaper.
- ELN is valuated rather expensively with a Price/Forward Earnings ratio of 22.17.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ELN is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, ELN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.56 | ||
| Fwd PE | 22.17 |
4.2 Price Multiples
- 78.13% of the companies in the same industry are more expensive than ELN, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELN indicates a somewhat cheap valuation: ELN is cheaper than 79.69% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.62 | ||
| EV/EBITDA | 10.96 |
4.3 Compensation for Growth
- The decent profitability rating of ELN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.47
EPS Next 2Y5.77%
EPS Next 3Y6.77%
5. Dividend
5.1 Amount
- ELN has a Yearly Dividend Yield of 1.59%.
- ELN's Dividend Yield is a higher than the industry average which is at 0.96.
- Compared to an average S&P500 Dividend Yield of 1.83, ELN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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.
- ELN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.04%
EPS Next 2Y5.77%
EPS Next 3Y6.77%
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 for ELN stock?
ChartMill assigns a valuation rating of 4 / 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.
Can you provide the PE and PB ratios for ELN stock?
The Price/Earnings (PE) ratio for EL.EN. SPA (ELN.MI) is 21.56 and the Price/Book (PB) ratio is 2.88.
Is the dividend of EL.EN. SPA sustainable?
The dividend rating of EL.EN. SPA (ELN.MI) is 5 / 10 and the dividend payout ratio is 33.04%.