HELVETIA BALOISE HOLDING AG (HVXA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HVXA - CH0466642201 - Common Stock
207 EUR
-9.2 (-4.26%)
Taking everything into account, HVXA scores 3 out of 10 in our fundamental rating. HVXA was compared to 48 industry peers in the Insurance industry. While HVXA is still in line with the averages on profitability rating, there are concerns on its financial health. HVXA is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year HVXA was profitable.
- HVXA had a positive operating cash flow in the past year.
- Each year in the past 5 years HVXA has been profitable.
- HVXA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- HVXA has a worse Return On Assets (0.90%) than 64.58% of its industry peers.
- Looking at the Return On Equity, with a value of 13.62%, HVXA is in line with its industry, outperforming 43.75% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 1.14%, HVXA is in line with its industry, outperforming 50.00% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for HVXA is in line with the industry average of 2.74%.
- The 3 year average ROIC (0.85%) for HVXA is below the current ROIC(1.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.9% | ||
| ROE | 13.62% | ||
| ROIC | 1.14% |
ROA(3y)0.66%
ROA(5y)0.61%
ROE(3y)9.85%
ROE(5y)8.09%
ROIC(3y)0.85%
ROIC(5y)0.79%
1.3 Margins
- With a Profit Margin value of 5.54%, HVXA is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
- HVXA's Profit Margin has been stable in the last couple of years.
- Looking at the Operating Margin, with a value of 8.65%, HVXA is doing worse than 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of HVXA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.65% | ||
| PM (TTM) | 5.54% | ||
| GM | N/A |
OM growth 3Y7.63%
OM growth 5Y5.09%
PM growth 3Y8.43%
PM growth 5Y0.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HVXA is destroying value.
- HVXA has about the same amout of shares outstanding than it did 1 year ago.
- HVXA has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HVXA has an improved debt to assets ratio.
2.2 Solvency
- HVXA has a debt to FCF ratio of 4.86. This is a neutral value as HVXA would need 4.86 years to pay back of all of its debts.
- The Debt to FCF ratio of HVXA (4.86) is worse than 70.83% of its industry peers.
- A Debt/Equity ratio of 0.61 indicates that HVXA is somewhat dependend on debt financing.
- HVXA has a Debt to Equity ratio of 0.61. This is comparable to the rest of the industry: HVXA outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | N/A |
ROIC/WACC0.23
WACC4.85%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 98.06% over the past year.
- HVXA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.09% yearly.
- The Revenue has been growing slightly by 1.00% in the past year.
- Measured over the past years, HVXA shows a decrease in Revenue. The Revenue has been decreasing by -2.00% on average per year.
EPS 1Y (TTM)98.06%
EPS 3Y-0.66%
EPS 5Y-3.09%
EPS Q2Q%26.65%
Revenue 1Y (TTM)1%
Revenue growth 3Y-8.37%
Revenue growth 5Y-2%
Sales Q2Q%1.21%
3.2 Future
- HVXA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.04% yearly.
- HVXA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.13% yearly.
EPS Next Y26%
EPS Next 2Y13.38%
EPS Next 3Y12.5%
EPS Next 5Y13.04%
Revenue Next Year4.81%
Revenue Next 2Y4.02%
Revenue Next 3Y3.74%
Revenue Next 5Y13.13%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- HVXA is valuated rather expensively with a Price/Earnings ratio of 18.84.
- Based on the Price/Earnings ratio, HVXA is valued a bit more expensive than the industry average as 72.92% of the companies are valued more cheaply.
- The average S&P500 Price/Earnings ratio is at 27.21. HVXA is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 16.77, the valuation of HVXA can be described as correct.
- Based on the Price/Forward Earnings ratio, HVXA is valued a bit more expensive than 77.08% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, HVXA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.84 | ||
| Fwd PE | 16.77 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HVXA indicates a somewhat cheap valuation: HVXA is cheaper than 64.58% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, HVXA is valued a bit more expensive than the industry average as 70.83% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.37 | ||
| EV/EBITDA | 11.38 |
4.3 Compensation for Growth
- HVXA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HVXA's earnings are expected to grow with 12.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y13.38%
EPS Next 3Y12.5%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.43%, HVXA has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 4.17, HVXA is paying slightly less dividend.
- HVXA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
5.2 History
- The dividend of HVXA has a limited annual growth rate of 4.09%.
Dividend Growth(5Y)4.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- HVXA pays out 68.76% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of HVXA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP68.76%
EPS Next 2Y13.38%
EPS Next 3Y12.5%
HELVETIA BALOISE HOLDING AG / HVXA.DE FAQ
What is the ChartMill fundamental rating of HELVETIA BALOISE HOLDING AG (HVXA.DE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to HVXA.DE.
What is the valuation status of HELVETIA BALOISE HOLDING AG (HVXA.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to HELVETIA BALOISE HOLDING AG (HVXA.DE). This can be considered as Overvalued.
Can you provide the profitability details for HELVETIA BALOISE HOLDING AG?
HELVETIA BALOISE HOLDING AG (HVXA.DE) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for HVXA stock?
The Earnings per Share (EPS) of HELVETIA BALOISE HOLDING AG (HVXA.DE) is expected to grow by 26% in the next year.
Can you provide the dividend sustainability for HVXA stock?
The dividend rating of HELVETIA BALOISE HOLDING AG (HVXA.DE) is 4 / 10 and the dividend payout ratio is 68.76%.