INTERPARFUMS INC (IPAR) Stock Fundamental Analysis
USA - NASDAQ:IPAR - US4583341098 - Common Stock
98.38 USD
-1.86 (-1.86%)
98.45 USD
+0.07 (+0.07%)
IPAR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 36 industry peers in the Personal Care Products industry. IPAR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IPAR has a correct valuation and a medium growth rate. This makes IPAR very considerable for quality investing!
1. Profitability
1.1 Basic Checks
IPAR had positive earnings in the past year.
In the past year IPAR had a positive cash flow from operations.
In the past 5 years IPAR has always been profitable.
IPAR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IPAR has a better Return On Assets (10.31%) than 80.56% of its industry peers.
IPAR has a better Return On Equity (19.18%) than 83.33% of its industry peers.
IPAR has a better Return On Invested Capital (16.62%) than 83.33% of its industry peers.
IPAR had an Average Return On Invested Capital over the past 3 years of 17.76%. This is above the industry average of 12.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 19.18% | ||
| ROIC | 16.62% |
ROA(3y)10.68%
ROA(5y)8.79%
ROE(3y)21.16%
ROE(5y)17.18%
ROIC(3y)17.76%
ROIC(5y)14.62%
1.3 Margins
IPAR has a better Profit Margin (11.03%) than 91.67% of its industry peers.
IPAR's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 19.21%, IPAR belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
IPAR's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 56.34%, IPAR perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
IPAR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.21% | ||
| PM (TTM) | 11.03% | ||
| GM | 56.34% |
OM growth 3Y3.91%
OM growth 5Y5.52%
PM growth 3Y4.43%
PM growth 5Y6.05%
GM growth 3Y0.16%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so IPAR is creating value.
The number of shares outstanding for IPAR has been increased compared to 1 year ago.
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 5.41 indicates that IPAR is not in any danger for bankruptcy at the moment.
The Altman-Z score of IPAR (5.41) is better than 83.33% of its industry peers.
The Debt to FCF ratio of IPAR is 1.61, which is an excellent value as it means it would take IPAR, only 1.61 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.61, IPAR belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
IPAR has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
IPAR has a Debt to Equity ratio (0.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.61 | ||
| Altman-Z | 5.41 |
ROIC/WACC1.95
WACC8.53%
2.3 Liquidity
A Current Ratio of 2.96 indicates that IPAR has no problem at all paying its short term obligations.
IPAR has a Current ratio of 2.96. This is in the better half of the industry: IPAR outperforms 72.22% of its industry peers.
IPAR has a Quick Ratio of 1.69. This is a normal value and indicates that IPAR is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.69, IPAR is doing good in the industry, outperforming 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
IPAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.63%, which is quite good.
IPAR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.27% yearly.
IPAR shows a small growth in Revenue. In the last year, the Revenue has grown by 7.04%.
Measured over the past years, IPAR shows a quite strong growth in Revenue. The Revenue has been growing by 15.27% on average per year.
EPS 1Y (TTM)16.63%
EPS 3Y22.78%
EPS 5Y22.27%
EPS Q2Q%-13.16%
Revenue 1Y (TTM)7.04%
Revenue growth 3Y18.2%
Revenue growth 5Y15.27%
Sales Q2Q%-2.42%
3.2 Future
IPAR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.32% yearly.
The Revenue is expected to grow by 4.43% on average over the next years.
EPS Next Y1.3%
EPS Next 2Y5.2%
EPS Next 3Y6.32%
EPS Next 5YN/A
Revenue Next Year2.09%
Revenue Next 2Y3.68%
Revenue Next 3Y4.43%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.21, IPAR is valued on the expensive side.
Based on the Price/Earnings ratio, IPAR is valued a bit cheaper than 66.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of IPAR to the average of the S&P500 Index (27.76), we can say IPAR is valued slightly cheaper.
With a Price/Forward Earnings ratio of 17.03, IPAR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, IPAR is valued a bit cheaper than 63.89% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.18, IPAR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 17.03 |
4.2 Price Multiples
69.44% of the companies in the same industry are more expensive than IPAR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, IPAR is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.94 | ||
| EV/EBITDA | 10.26 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IPAR does not grow enough to justify the current Price/Earnings ratio.
IPAR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)14.75
PEG (5Y)0.86
EPS Next 2Y5.2%
EPS Next 3Y6.32%
5. Dividend
5.1 Amount
IPAR has a Yearly Dividend Yield of 3.18%.
In the last 3 months the price of IPAR has falen by -28.99%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
IPAR's Dividend Yield is rather good when compared to the industry average which is at 5.76. IPAR pays more dividend than 83.33% of the companies in the same industry.
IPAR's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
The dividend of IPAR is nicely growing with an annual growth rate of 22.18%!
IPAR has paid a dividend for at least 10 years, which is a reliable track record.
IPAR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)22.18%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
IPAR pays out 61.79% of its income as dividend. This is not a sustainable payout ratio.
The dividend of IPAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.79%
EPS Next 2Y5.2%
EPS Next 3Y6.32%
98.38
-1.86 (-1.86%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)
Earnings (Next)
Inst Owners63.63%
Inst Owner Change2.14%
Ins Owners43.52%
Ins Owner Change-0.55%
Market Cap3.16B
Analysts84.44
Price Target166.6 (69.34%)
Short Float %6.37%
Short Ratio4.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
Yearly Dividend3
Dividend Growth(5Y)22.18%
DP61.79%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.34%
Min EPS beat(2)-12.32%
Max EPS beat(2)15.01%
EPS beat(4)3
Avg EPS beat(4)3.64%
Min EPS beat(4)-12.32%
Max EPS beat(4)15.01%
EPS beat(8)5
Avg EPS beat(8)1.11%
EPS beat(12)9
Avg EPS beat(12)13.54%
EPS beat(16)13
Avg EPS beat(16)21.27%
Revenue beat(2)0
Avg Revenue beat(2)-2.32%
Min Revenue beat(2)-4.04%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-4.04%
Max Revenue beat(4)-0.59%
Revenue beat(8)1
Avg Revenue beat(8)-1.64%
Revenue beat(12)3
Avg Revenue beat(12)-0.37%
Revenue beat(16)5
Avg Revenue beat(16)-0.08%
PT rev (1m)0%
PT rev (3m)-1.01%
EPS NQ rev (1m)-7.95%
EPS NQ rev (3m)-1.24%
EPS NY rev (1m)-2.37%
EPS NY rev (3m)-3.82%
Revenue NQ rev (1m)-3.15%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)-1.37%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 17.03 | ||
| P/S | 2.17 | ||
| P/FCF | 19.94 | ||
| P/OCF | 14.45 | ||
| P/B | 3.76 | ||
| P/tB | 6.24 | ||
| EV/EBITDA | 10.26 |
EPS(TTM)5.12
EY5.2%
EPS(NY)5.78
Fwd EY5.87%
FCF(TTM)4.93
FCFY5.01%
OCF(TTM)6.81
OCFY6.92%
SpS45.42
BVpS26.13
TBVpS15.75
PEG (NY)14.75
PEG (5Y)0.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 19.18% | ||
| ROCE | 22.81% | ||
| ROIC | 16.62% | ||
| ROICexc | 19.82% | ||
| ROICexgc | 28.81% | ||
| OM | 19.21% | ||
| PM (TTM) | 11.03% | ||
| GM | 56.34% | ||
| FCFM | 10.86% |
ROA(3y)10.68%
ROA(5y)8.79%
ROE(3y)21.16%
ROE(5y)17.18%
ROIC(3y)17.76%
ROIC(5y)14.62%
ROICexc(3y)22.72%
ROICexc(5y)19.96%
ROICexgc(3y)35.6%
ROICexgc(5y)32.29%
ROCE(3y)23.62%
ROCE(5y)19.43%
ROICexcg growth 3Y6.05%
ROICexcg growth 5Y-2.44%
ROICexc growth 3Y8.08%
ROICexc growth 5Y4.09%
OM growth 3Y3.91%
OM growth 5Y5.52%
PM growth 3Y4.43%
PM growth 5Y6.05%
GM growth 3Y0.16%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.61 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 210.07% | ||
| Cap/Sales | 4.12% | ||
| Interest Coverage | 44.75 | ||
| Cash Conversion | 70.78% | ||
| Profit Quality | 98.45% | ||
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 5.41 |
F-Score5
WACC8.53%
ROIC/WACC1.95
Cap/Depr(3y)438.01%
Cap/Depr(5y)567.12%
Cap/Sales(3y)5.93%
Cap/Sales(5y)7.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.63%
EPS 3Y22.78%
EPS 5Y22.27%
EPS Q2Q%-13.16%
EPS Next Y1.3%
EPS Next 2Y5.2%
EPS Next 3Y6.32%
EPS Next 5YN/A
Revenue 1Y (TTM)7.04%
Revenue growth 3Y18.2%
Revenue growth 5Y15.27%
Sales Q2Q%-2.42%
Revenue Next Year2.09%
Revenue Next 2Y3.68%
Revenue Next 3Y4.43%
Revenue Next 5YN/A
EBIT growth 1Y17.32%
EBIT growth 3Y22.82%
EBIT growth 5Y21.64%
EBIT Next Year9.75%
EBIT Next 3Y6.73%
EBIT Next 5YN/A
FCF growth 1Y246%
FCF growth 3YN/A
FCF growth 5Y20.52%
OCF growth 1Y45.26%
OCF growth 3Y16.2%
OCF growth 5Y19.66%