IMCD NV (IMCD.AS) Stock Fundamental Analysis
AMS:IMCD - Euronext Amsterdam - NL0010801007 - Common Stock - Currency: EUR
Overall IMCD gets a fundamental rating of 6 out of 10. We evaluated IMCD against 16 industry peers in the Trading Companies & Distributors industry. While IMCD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IMCD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IMCD was profitable.
IMCD had a positive operating cash flow in the past year.
Each year in the past 5 years IMCD has been profitable.
IMCD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IMCD has a better Return On Assets (5.70%) than 93.75% of its industry peers.
IMCD has a Return On Equity of 12.57%. This is amongst the best in the industry. IMCD outperforms 93.75% of its industry peers.
With an excellent Return On Invested Capital value of 8.08%, IMCD belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IMCD is above the industry average of 7.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.7% | ||
| ROE | 12.57% | ||
| ROIC | 8.08% |
ROA(3y)7.11%
ROA(5y)6.42%
ROE(3y)16.08%
ROE(5y)14.41%
ROIC(3y)9.57%
ROIC(5y)8.66%
1.3 Margins
IMCD's Profit Margin of 5.89% is amongst the best of the industry. IMCD outperforms 87.50% of its industry peers.
In the last couple of years the Profit Margin of IMCD has grown nicely.
IMCD has a better Operating Margin (8.99%) than 87.50% of its industry peers.
In the last couple of years the Operating Margin of IMCD has grown nicely.
IMCD has a Gross Margin of 22.49%. This is in the better half of the industry: IMCD outperforms 62.50% of its industry peers.
In the last couple of years the Gross Margin of IMCD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.99% | ||
| PM (TTM) | 5.89% | ||
| GM | 22.49% |
OM growth 3Y0.9%
OM growth 5Y6.54%
PM growth 3Y-0.83%
PM growth 5Y7.95%
GM growth 3Y1.7%
GM growth 5Y2.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IMCD is still creating some value.
The number of shares outstanding for IMCD has been increased compared to 1 year ago.
The number of shares outstanding for IMCD has been increased compared to 5 years ago.
Compared to 1 year ago, IMCD has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.30 indicates that IMCD is not in any danger for bankruptcy at the moment.
IMCD has a better Altman-Z score (3.30) than 75.00% of its industry peers.
The Debt to FCF ratio of IMCD is 7.15, which is on the high side as it means it would take IMCD, 7.15 years of fcf income to pay off all of its debts.
IMCD has a Debt to FCF ratio of 7.15. This is comparable to the rest of the industry: IMCD outperforms 56.25% of its industry peers.
IMCD has a Debt/Equity ratio of 0.63. This is a neutral value indicating IMCD is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, IMCD perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 7.15 | ||
| Altman-Z | 3.3 |
ROIC/WACC1.24
WACC6.51%
2.3 Liquidity
A Current Ratio of 1.98 indicates that IMCD should not have too much problems paying its short term obligations.
The Current ratio of IMCD (1.98) is comparable to the rest of the industry.
IMCD has a Quick Ratio of 1.29. This is a normal value and indicates that IMCD is financially healthy and should not expect problems in meeting its short term obligations.
IMCD's Quick ratio of 1.29 is fine compared to the rest of the industry. IMCD outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.57% over the past year.
Measured over the past years, IMCD shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.23% on average per year.
The Revenue has been growing slightly by 6.41% in the past year.
Measured over the past years, IMCD shows a quite strong growth in Revenue. The Revenue has been growing by 14.91% on average per year.
EPS 1Y (TTM)10.57%
EPS 3Y24.2%
EPS 5Y21.23%
EPS Q2Q%-3.47%
Revenue 1Y (TTM)6.41%
Revenue growth 3Y13.03%
Revenue growth 5Y14.91%
Sales Q2Q%7.52%
3.2 Future
The Earnings Per Share is expected to grow by 14.61% on average over the next years. This is quite good.
Based on estimates for the next years, IMCD will show a quite strong growth in Revenue. The Revenue will grow by 9.40% on average per year.
EPS Next Y85.49%
EPS Next 2Y28.3%
EPS Next 3Y18.56%
EPS Next 5Y14.61%
Revenue Next Year35.8%
Revenue Next 2Y15.63%
Revenue Next 3Y12.07%
Revenue Next 5Y9.4%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
Based on the Price/Earnings ratio of 31.01, the valuation of IMCD can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as IMCD.
The average S&P500 Price/Earnings ratio is at 27.45. IMCD is around the same levels.
With a Price/Forward Earnings ratio of 18.84, IMCD is valued on the expensive side.
IMCD's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of IMCD to the average of the S&P500 Index (21.90), we can say IMCD is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.01 | ||
| Fwd PE | 18.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IMCD is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IMCD indicates a slightly more expensive valuation: IMCD is more expensive than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.54 | ||
| EV/EBITDA | 14.33 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of IMCD may justify a higher PE ratio.
IMCD's earnings are expected to grow with 18.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)1.46
EPS Next 2Y28.3%
EPS Next 3Y18.56%
5. Dividend
5.1 Amount
IMCD has a Yearly Dividend Yield of 1.92%.
IMCD's Dividend Yield is comparable with the industry average which is at 2.78.
IMCD's Dividend Yield is slightly below the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
The dividend of IMCD is nicely growing with an annual growth rate of 22.38%!
Dividend Growth(5Y)22.38%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
45.88% of the earnings are spent on dividend by IMCD. This is a bit on the high side, but may be sustainable.
The dividend of IMCD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.88%
EPS Next 2Y28.3%
EPS Next 3Y18.56%
AMS:IMCD (7/4/2025, 7:00:00 PM)
113.5
-1 (-0.87%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners82.76%
Inst Owner ChangeN/A
Ins Owners1.7%
Ins Owner ChangeN/A
Market Cap6.71B
Analysts79.09
Price Target159.94 (40.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend2.2
Dividend Growth(5Y)22.38%
DP45.88%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.48%
Min EPS beat(2)-15.97%
Max EPS beat(2)7.01%
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)0
Avg Revenue beat(2)-1.83%
Min Revenue beat(2)-2.59%
Max Revenue beat(2)-1.07%
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)-1.34%
PT rev (3m)-5.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.01 | ||
| Fwd PE | 18.84 | ||
| P/S | 1.42 | ||
| P/FCF | 26.54 | ||
| P/OCF | 24.03 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.33 |
EPS(TTM)3.66
EY3.22%
EPS(NY)6.02
Fwd EY5.31%
FCF(TTM)4.28
FCFY3.77%
OCF(TTM)4.72
OCFY4.16%
SpS79.98
BVpS37.45
TBVpS-6.68
PEG (NY)0.36
PEG (5Y)1.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.7% | ||
| ROE | 12.57% | ||
| ROCE | 11.09% | ||
| ROIC | 8.08% | ||
| ROICexc | 9.36% | ||
| ROICexgc | 44.32% | ||
| OM | 8.99% | ||
| PM (TTM) | 5.89% | ||
| GM | 22.49% | ||
| FCFM | 5.35% |
ROA(3y)7.11%
ROA(5y)6.42%
ROE(3y)16.08%
ROE(5y)14.41%
ROIC(3y)9.57%
ROIC(5y)8.66%
ROICexc(3y)10.67%
ROICexc(5y)9.54%
ROICexgc(3y)40.09%
ROICexgc(5y)35.52%
ROCE(3y)14.12%
ROCE(5y)13.14%
ROICexcg growth 3Y11.47%
ROICexcg growth 5Y12.83%
ROICexc growth 3Y2.19%
ROICexc growth 5Y4.08%
OM growth 3Y0.9%
OM growth 5Y6.54%
PM growth 3Y-0.83%
PM growth 5Y7.95%
GM growth 3Y1.7%
GM growth 5Y2.81%
F-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 7.15 | ||
| Debt/EBITDA | 2.49 | ||
| Cap/Depr | 19.36% | ||
| Cap/Sales | 0.56% | ||
| Interest Coverage | 6.94 | ||
| Cash Conversion | 49.71% | ||
| Profit Quality | 90.84% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 3.3 |
F-Score5
WACC6.51%
ROIC/WACC1.24
Cap/Depr(3y)23.75%
Cap/Depr(5y)23.21%
Cap/Sales(3y)0.62%
Cap/Sales(5y)0.61%
Profit Quality(3y)103.46%
Profit Quality(5y)114.83%
High Growth Momentum
Growth
EPS 1Y (TTM)10.57%
EPS 3Y24.2%
EPS 5Y21.23%
EPS Q2Q%-3.47%
EPS Next Y85.49%
EPS Next 2Y28.3%
EPS Next 3Y18.56%
EPS Next 5Y14.61%
Revenue 1Y (TTM)6.41%
Revenue growth 3Y13.03%
Revenue growth 5Y14.91%
Sales Q2Q%7.52%
Revenue Next Year35.8%
Revenue Next 2Y15.63%
Revenue Next 3Y12.07%
Revenue Next 5Y9.4%
EBIT growth 1Y-0.8%
EBIT growth 3Y12.24%
EBIT growth 5Y19.26%
EBIT Next Year27.33%
EBIT Next 3Y13.21%
EBIT Next 5Y13.77%
FCF growth 1Y-33.93%
FCF growth 3Y12.49%
FCF growth 5Y10.07%
OCF growth 1Y-33.52%
OCF growth 3Y12.47%
OCF growth 5Y9.9%