FORVIA (FRVIA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:FRVIA - FR0000121147 - Common Stock
14.445 EUR
+0.07 (+0.49%)
We assign a fundamental rating of 3 out of 10 to FRVIA. FRVIA was compared to 32 industry peers in the Automobile Components industry. Both the profitability and financial health of FRVIA have multiple concerns. FRVIA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- FRVIA had positive earnings in the past year.
- FRVIA had a positive operating cash flow in the past year.
- FRVIA had negative earnings in 4 of the past 5 years.
- In the past 5 years FRVIA always reported a positive cash flow from operatings.
1.2 Ratios
- FRVIA has a Return On Assets of -1.58%. This is in the lower half of the industry: FRVIA underperforms 68.75% of its industry peers.
- The Return On Equity of FRVIA (-12.49%) is worse than 71.88% of its industry peers.
- With a Return On Invested Capital value of 5.70%, FRVIA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FRVIA is in line with the industry average of 6.33%.
- The last Return On Invested Capital (5.70%) for FRVIA is above the 3 year average (4.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.58% | ||
| ROE | -12.49% | ||
| ROIC | 5.7% |
ROA(3y)-0.36%
ROA(5y)-0.69%
ROE(3y)-2.6%
ROE(5y)-4.25%
ROIC(3y)4.67%
ROIC(5y)4.19%
1.3 Margins
- Looking at the Operating Margin, with a value of 4.73%, FRVIA is in line with its industry, outperforming 59.38% of the companies in the same industry.
- In the last couple of years the Operating Margin of FRVIA has declined.
- The Gross Margin of FRVIA (13.49%) is worse than 81.25% of its industry peers.
- FRVIA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.73% | ||
| PM (TTM) | N/A | ||
| GM | 13.49% |
OM growth 3Y-1.94%
OM growth 5Y-8.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.47%
GM growth 5Y-0.92%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FRVIA is destroying value.
- Compared to 1 year ago, FRVIA has about the same amount of shares outstanding.
- Compared to 5 years ago, FRVIA has more shares outstanding
- Compared to 1 year ago, FRVIA has an improved debt to assets ratio.
2.2 Solvency
- FRVIA has an Altman-Z score of 1.20. This is a bad value and indicates that FRVIA is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of FRVIA (1.20) is worse than 78.13% of its industry peers.
- The Debt to FCF ratio of FRVIA is 12.32, which is on the high side as it means it would take FRVIA, 12.32 years of fcf income to pay off all of its debts.
- FRVIA has a Debt to FCF ratio (12.32) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 2.72 is on the high side and indicates that FRVIA has dependencies on debt financing.
- FRVIA has a Debt to Equity ratio of 2.72. This is amonst the worse of the industry: FRVIA underperforms 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.72 | ||
| Debt/FCF | 12.32 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.96
WACC5.91%
2.3 Liquidity
- FRVIA has a Current Ratio of 0.98. This is a bad value and indicates that FRVIA is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.98, FRVIA is doing worse than 71.88% of the companies in the same industry.
- FRVIA has a Quick Ratio of 0.98. This is a bad value and indicates that FRVIA is not financially healthy enough and could expect problems in meeting its short term obligations.
- FRVIA's Quick ratio of 0.79 is on the low side compared to the rest of the industry. FRVIA is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 259.18% over the past year.
- The earnings per share for FRVIA have been decreasing by -20.18% on average. This is quite bad
- Looking at the last year, FRVIA shows a decrease in Revenue. The Revenue has decreased by -0.90% in the last year.
- Measured over the past years, FRVIA shows a quite strong growth in Revenue. The Revenue has been growing by 8.71% on average per year.
EPS 1Y (TTM)259.18%
EPS 3YN/A
EPS 5Y-20.18%
EPS Q2Q%11300%
Revenue 1Y (TTM)-0.9%
Revenue growth 3Y19.98%
Revenue growth 5Y8.71%
Sales Q2Q%-0.42%
3.2 Future
- FRVIA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.60% yearly.
- The Revenue is expected to grow by 0.75% on average over the next years.
EPS Next Y-94.49%
EPS Next 2Y26.06%
EPS Next 3Y29.6%
EPS Next 5YN/A
Revenue Next Year-2.72%
Revenue Next 2Y-0.91%
Revenue Next 3Y0.75%
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 accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 4.10 indicates a rather cheap valuation of FRVIA.
- Compared to the rest of the industry, the Price/Earnings ratio of FRVIA indicates a rather cheap valuation: FRVIA is cheaper than 96.88% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, FRVIA is valued rather cheaply.
- A Price/Forward Earnings ratio of 7.21 indicates a rather cheap valuation of FRVIA.
- Based on the Price/Forward Earnings ratio, FRVIA is valued cheaper than 84.38% of the companies in the same industry.
- FRVIA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 7.21 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRVIA indicates a somewhat cheap valuation: FRVIA is cheaper than 78.13% of the companies listed in the same industry.
- FRVIA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FRVIA is cheaper than 90.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.26 | ||
| EV/EBITDA | 2.59 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as FRVIA's earnings are expected to grow with 29.60% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y26.06%
EPS Next 3Y29.6%
5. Dividend
5.1 Amount
- FRVIA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FORVIA / FRVIA.PA FAQ
What is the ChartMill fundamental rating of FORVIA (FRVIA.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FRVIA.PA.
Can you provide the valuation status for FORVIA?
ChartMill assigns a valuation rating of 8 / 10 to FORVIA (FRVIA.PA). This can be considered as Undervalued.
How profitable is FORVIA (FRVIA.PA) stock?
FORVIA (FRVIA.PA) has a profitability rating of 3 / 10.
What is the valuation of FORVIA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORVIA (FRVIA.PA) is 4.1 and the Price/Book (PB) ratio is 0.77.
Is the dividend of FORVIA sustainable?
The dividend rating of FORVIA (FRVIA.PA) is 0 / 10 and the dividend payout ratio is 0%.