EL.EN. SPA (ELN.MI) Stock Fundamental Analysis
Europe - BIT:ELN - IT0005453250 - Common Stock
11.6 EUR
+0.31 (+2.75%)
Overall ELN gets a fundamental rating of 6 out of 10. We evaluated ELN against 60 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
ELN had positive earnings in the past year.
ELN had a positive operating cash flow in the past year.
Each year in the past 5 years ELN has been profitable.
In the past 5 years ELN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.97%, ELN is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
With a decent Return On Equity value of 13.41%, ELN is doing good in the industry, outperforming 78.33% of the companies in the same industry.
The Return On Invested Capital of ELN (9.99%) is better than 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELN is above the industry average of 8.99%.
| 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 of 9.12%. This is in the better half of the industry: ELN outperforms 61.67% of its industry peers.
ELN's Profit Margin has improved in the last couple of years.
The Operating Margin of ELN (13.81%) is better than 70.00% of its industry peers.
In the last couple of years the Operating Margin of ELN has grown nicely.
ELN's Gross Margin of 44.57% is on the low side compared to the rest of the industry. ELN is outperformed by 70.00% of its industry peers.
In the last couple of years the Gross Margin of ELN has grown nicely.
| 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
ELN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ELN has about the same amout of shares outstanding than it did 1 year ago.
ELN has more shares outstanding than it did 5 years ago.
ELN has a better debt/assets ratio than last year.
2.2 Solvency
ELN has an Altman-Z score of 3.76. This indicates that ELN is financially healthy and has little risk of bankruptcy at the moment.
ELN has a Altman-Z score of 3.76. This is in the better half of the industry: ELN outperforms 66.67% 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.
ELN has a better Debt to FCF ratio (0.83) than 91.67% of its industry peers.
ELN has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
ELN has a better Debt to Equity ratio (0.06) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 3.76 |
ROIC/WACC1.27
WACC7.84%
2.3 Liquidity
A Current Ratio of 2.77 indicates that ELN has no problem at all paying its short term obligations.
ELN's Current ratio of 2.77 is fine compared to the rest of the industry. ELN outperforms 76.67% of its industry peers.
A Quick Ratio of 1.76 indicates that ELN should not have too much problems paying its short term obligations.
ELN's Quick ratio of 1.76 is fine compared to the rest of the industry. ELN outperforms 71.67% 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.
Measured over the past years, ELN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.69% on average per year.
The Revenue has decreased by -1.76% in the past 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
The Earnings Per Share is expected to grow by 5.90% on average over the next years.
The Revenue is expected to decrease by 0.00% on average over the next years.
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
A Price/Earnings ratio of 18.13 indicates a rather expensive valuation of ELN.
ELN's Price/Earnings ratio is a bit cheaper when compared to the industry. ELN is cheaper than 80.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of ELN to the average of the S&P500 Index (25.56), we can say ELN is valued slightly cheaper.
The Price/Forward Earnings ratio is 17.70, which indicates a rather expensive current valuation of ELN.
ELN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ELN is cheaper than 65.00% of the companies in the same industry.
ELN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.13 | ||
| Fwd PE | 17.7 |
4.2 Price Multiples
86.67% of the companies in the same industry are more expensive than ELN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ELN is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.47 | ||
| EV/EBITDA | 8.71 |
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)1.23
EPS Next 2Y4.85%
EPS Next 3Y5.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.01%, ELN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.11, ELN pays a bit more dividend than its industry peers.
ELN's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
5.2 History
The dividend of ELN is nicely growing with an annual growth rate of 13.86%!
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 (11/18/2025, 2:14:18 PM)
11.6
+0.31 (+2.75%)
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 Cap930.67M
Revenue(TTM)565.85M
Net Income(TTM)51.61M
Analysts80
Price Target12.78 (10.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
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)-2.04%
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 | 18.13 | ||
| Fwd PE | 17.7 | ||
| P/S | 1.64 | ||
| P/FCF | 16.47 | ||
| P/OCF | 14.42 | ||
| P/B | 2.42 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 8.71 |
EPS(TTM)0.64
EY5.52%
EPS(NY)0.66
Fwd EY5.65%
FCF(TTM)0.7
FCFY6.07%
OCF(TTM)0.8
OCFY6.94%
SpS7.05
BVpS4.8
TBVpS4.74
PEG (NY)N/A
PEG (5Y)1.23
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 | 3.76 |
F-Score8
WACC7.84%
ROIC/WACC1.27
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 6 / 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 18.13 and the Price/Book (PB) ratio is 2.42.
How sustainable is the dividend of EL.EN. SPA (ELN.MI) stock?
The dividend rating of EL.EN. SPA (ELN.MI) is 5 / 10 and the dividend payout ratio is 33.04%.