EXMAR NV (EXM.BR) Stock Fundamental Analysis
EBR:EXM - Euronext Brussels - BE0003808251 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to EXM. EXM was compared to 59 industry peers in the Oil, Gas & Consumable Fuels industry. EXM has an excellent profitability rating, but there are some minor concerns on its financial health. EXM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year EXM was profitable.
In the past year EXM had a positive cash flow from operations.
EXM had positive earnings in each of the past 5 years.
In the past 5 years EXM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 24.55%, EXM belongs to the best of the industry, outperforming 96.61% of the companies in the same industry.
The Return On Equity of EXM (41.09%) is better than 91.53% of its industry peers.
EXM's Return On Invested Capital of 8.38% is fine compared to the rest of the industry. EXM outperforms 61.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 24.55% | ||
| ROE | 41.09% | ||
| ROIC | 8.38% |
ROA(3y)17.56%
ROA(5y)12.74%
ROE(3y)28.24%
ROE(5y)20.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
EXM has a better Profit Margin (46.13%) than 93.22% of its industry peers.
EXM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 18.70%, EXM is in line with its industry, outperforming 49.15% of the companies in the same industry.
In the last couple of years the Operating Margin of EXM has grown nicely.
With a decent Gross Margin value of 52.56%, EXM is doing good in the industry, outperforming 61.02% of the companies in the same industry.
In the last couple of years the Gross Margin of EXM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.7% | ||
| PM (TTM) | 46.13% | ||
| GM | 52.56% |
OM growth 3YN/A
OM growth 5Y71.38%
PM growth 3Y59.59%
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y-5.23%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EXM is still creating some value.
The number of shares outstanding for EXM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, EXM has more shares outstanding
EXM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.90 indicates that EXM is not a great score, but indicates only limited risk for bankruptcy at the moment.
EXM has a Altman-Z score of 2.90. This is in the better half of the industry: EXM outperforms 76.27% of its industry peers.
The Debt to FCF ratio of EXM is 7.75, which is on the high side as it means it would take EXM, 7.75 years of fcf income to pay off all of its debts.
EXM's Debt to FCF ratio of 7.75 is in line compared to the rest of the industry. EXM outperforms 47.46% of its industry peers.
EXM has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
EXM's Debt to Equity ratio of 0.46 is in line compared to the rest of the industry. EXM outperforms 47.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 7.75 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.19
WACC7.04%
2.3 Liquidity
A Current Ratio of 3.76 indicates that EXM has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.76, EXM belongs to the best of the industry, outperforming 89.83% of the companies in the same industry.
EXM has a Quick Ratio of 3.76. This indicates that EXM is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of EXM (3.76) is better than 91.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.76 | ||
| Quick Ratio | 3.76 |
3. Growth
3.1 Past
EXM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 247.00%, which is quite impressive.
The Earnings Per Share has been growing by 149.28% on average over the past years. This is a very strong growth
EXM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.44%.
The Revenue has been growing by 20.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)247%
EPS 3Y149.28%
EPS 5YN/A
EPS Q2Q%254.04%
Revenue 1Y (TTM)11.44%
Revenue growth 3Y56.58%
Revenue growth 5Y20.61%
Sales Q2Q%21.53%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-71.68%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-31.36%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 3.00, the valuation of EXM can be described as very cheap.
Based on the Price/Earnings ratio, EXM is valued cheaply inside the industry as 96.61% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.17. EXM is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 40.34, EXM can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, EXM is valued a bit more expensive than the industry average as 72.88% of the companies are valued more cheaply.
EXM is valuated expensively when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3 | ||
| Fwd PE | 40.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EXM is on the same level as its industry peers.
EXM's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19 | ||
| EV/EBITDA | 6.13 |
4.3 Compensation for Growth
The decent profitability rating of EXM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
EXM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:EXM (5/28/2025, 7:00:00 PM)
11.52
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.49%
Inst Owner ChangeN/A
Ins Owners85.02%
Ins Owner ChangeN/A
Market Cap685.44M
Analysts45.71
Price Target7.55 (-34.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.73
Dividend Growth(5Y)13.14%
DP19.21%
Div Incr Years2
Div Non Decr Years2
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)0%
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 | 3 | ||
| Fwd PE | 40.34 | ||
| P/S | 1.43 | ||
| P/FCF | 19 | ||
| P/OCF | 14.82 | ||
| P/B | 1.27 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 6.13 |
EPS(TTM)3.84
EY33.33%
EPS(NY)0.29
Fwd EY2.48%
FCF(TTM)0.61
FCFY5.26%
OCF(TTM)0.78
OCFY6.75%
SpS8.06
BVpS9.05
TBVpS9.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 24.55% | ||
| ROE | 41.09% | ||
| ROCE | 11.18% | ||
| ROIC | 8.38% | ||
| ROICexc | 12.01% | ||
| ROICexgc | 12.02% | ||
| OM | 18.7% | ||
| PM (TTM) | 46.13% | ||
| GM | 52.56% | ||
| FCFM | 7.52% |
ROA(3y)17.56%
ROA(5y)12.74%
ROE(3y)28.24%
ROE(5y)20.75%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y94.15%
ROICexc growth 3YN/A
ROICexc growth 5Y94.16%
OM growth 3YN/A
OM growth 5Y71.38%
PM growth 3Y59.59%
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y-5.23%
F-Score6
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 7.75 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 36.36% | ||
| Cap/Sales | 2.12% | ||
| Interest Coverage | 6.42 | ||
| Cash Conversion | 39.29% | ||
| Profit Quality | 16.3% | ||
| Current Ratio | 3.76 | ||
| Quick Ratio | 3.76 | ||
| Altman-Z | 2.9 |
F-Score6
WACC7.04%
ROIC/WACC1.19
Cap/Depr(3y)43.44%
Cap/Depr(5y)123.17%
Cap/Sales(3y)6.94%
Cap/Sales(5y)37.22%
Profit Quality(3y)28.62%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)247%
EPS 3Y149.28%
EPS 5YN/A
EPS Q2Q%254.04%
EPS Next Y-71.68%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.44%
Revenue growth 3Y56.58%
Revenue growth 5Y20.61%
Sales Q2Q%21.53%
Revenue Next Year-31.36%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y122.44%
EBIT growth 3YN/A
EBIT growth 5Y106.7%
EBIT Next Year91.67%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-10.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.96%
OCF growth 3Y-22.37%
OCF growth 5YN/A