INTER PARFUMS INC (IPAR)
US4583341098 - Common Stock
We assign a fundamental rating of 7 out of 10 to IPAR. IPAR was compared to 37 industry peers in the Personal Care Products industry. IPAR gets an excellent profitability rating and is at the same time showing great financial health properties. IPAR is valued quite expensive, but it does show an excellent growth. These ratings would make IPAR suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year IPAR was profitable.
IPAR had a positive operating cash flow in the past year.
In the past 5 years IPAR has always been profitable.
In the past 5 years IPAR always reported a positive cash flow from operatings.
1.2 Ratios
IPAR has a better Return On Assets (11.15%) than 83.78% of its industry peers.
IPAR has a better Return On Equity (21.84%) than 89.19% of its industry peers.
The Return On Invested Capital of IPAR (18.33%) is better than 86.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IPAR is in line with the industry average of 14.69%.
The 3 year average ROIC (15.72%) for IPAR is below the current ROIC(18.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.15% | ||
| ROE | 21.84% | ||
| ROIC | 18.33% |
ROA(3y)9.34%
ROA(5y)7.91%
ROE(3y)18.9%
ROE(5y)15.34%
ROIC(3y)15.72%
ROIC(5y)13.38%
1.3 Margins
The Profit Margin of IPAR (11.59%) is better than 91.89% of its industry peers.
In the last couple of years the Profit Margin of IPAR has grown nicely.
Looking at the Operating Margin, with a value of 19.08%, IPAR belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
In the last couple of years the Operating Margin of IPAR has grown nicely.
The Gross Margin of IPAR (55.81%) is comparable to the rest of the industry.
IPAR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.08% | ||
| PM (TTM) | 11.59% | ||
| GM | 55.81% |
OM growth 3Y13.62%
OM growth 5Y6.36%
PM growth 3Y17.8%
PM growth 5Y7.79%
GM growth 3Y1.27%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IPAR is creating value.
Compared to 1 year ago, IPAR has about the same amount of shares outstanding.
IPAR has more shares outstanding than it did 5 years ago.
IPAR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.07 indicates that IPAR is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.07, IPAR belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
IPAR has a debt to FCF ratio of 3.09. This is a good value and a sign of high solvency as IPAR would need 3.09 years to pay back of all of its debts.
IPAR has a Debt to FCF ratio of 3.09. This is in the better half of the industry: IPAR outperforms 72.97% of its industry peers.
IPAR has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of IPAR (0.19) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 6.07 |
ROIC/WACC2.04
WACC8.98%
2.3 Liquidity
IPAR has a Current Ratio of 2.58. This indicates that IPAR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.58, IPAR is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
A Quick Ratio of 1.44 indicates that IPAR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.44, IPAR is in line with its industry, outperforming 56.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
IPAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.66%, which is quite impressive.
IPAR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.53% yearly.
The Revenue has grown by 21.25% in the past year. This is a very strong growth!
IPAR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.29% yearly.
EPS 1Y (TTM)25.66%
EPS 3Y58.63%
EPS 5Y22.53%
EPS growth Q2Q-38.46%
Revenue 1Y (TTM)21.25%
Revenue growth 3Y34.71%
Revenue growth 5Y14.29%
Revenue growth Q2Q5.77%
3.2 Future
IPAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.64% yearly.
The Revenue is expected to grow by 10.30% on average over the next years. This is quite good.
EPS Next Y10.58%
EPS Next 2Y11.47%
EPS Next 3Y11.64%
EPS Next 5YN/A
Revenue Next Year10.36%
Revenue Next 2Y9.63%
Revenue Next 3Y10.3%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
IPAR is valuated rather expensively with a Price/Earnings ratio of 24.35.
The rest of the industry has a similar Price/Earnings ratio as IPAR.
When comparing the Price/Earnings ratio of IPAR to the average of the S&P500 Index (24.55), we can say IPAR is valued inline with the index average.
IPAR is valuated rather expensively with a Price/Forward Earnings ratio of 22.02.
IPAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IPAR is cheaper than 62.16% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.92. IPAR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.35 | ||
| Fwd PE | 22.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IPAR is valued a bit cheaper than the industry average as 67.57% of the companies are valued more expensively.
IPAR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.66 | ||
| EV/EBITDA | 13.42 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
IPAR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.3
PEG (5Y)1.08
EPS Next 2Y11.47%
EPS Next 3Y11.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.54%, IPAR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.90, IPAR pays a better dividend. On top of this IPAR pays more dividend than 86.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, IPAR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
On average, the dividend of IPAR grows each year by 24.38%, which is quite nice.
IPAR has been paying a dividend for at least 10 years, so it has a reliable track record.
IPAR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)24.38%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
52.41% of the earnings are spent on dividend by IPAR. This is a bit on the high side, but may be sustainable.
IPAR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP52.41%
EPS Next 2Y11.47%
EPS Next 3Y11.64%
INTER PARFUMS INC
NASDAQ:IPAR (5/1/2024, 7:03:26 PM)
After market: 115.64 0 (0%)115.64
-0.74 (-0.64%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.70B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
Dividend Growth(5Y)
DP
Div Incr Years
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Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.35 | ||
| Fwd PE | 22.02 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.3
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.15% | ||
| ROE | 21.84% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 19.08% | ||
| PM (TTM) | 11.59% | ||
| GM | 55.81% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)25.66%
EPS 3Y58.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y10.58%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)21.25%
Revenue growth 3Y34.71%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
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