KERING (KER.PA) Stock Fundamental Analysis
EPA:KER - FR0000121485 - Common Stock
232.65 EUR
-3.8 (-1.61%)
KER gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 43 industry peers in the Textiles, Apparel & Luxury Goods industry. While KER is still in line with the averages on profitability rating, there are concerns on its financial health. KER is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
KER had positive earnings in the past year.
In the past year KER had a positive cash flow from operations.
In the past 5 years KER has always been profitable.
KER had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.72%, KER is doing worse than 67.44% of the companies in the same industry.
KER has a worse Return On Equity (4.94%) than 67.44% of its industry peers.
With a Return On Invested Capital value of 3.65%, KER is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for KER is in line with the industry average of 10.82%.
The last Return On Invested Capital (3.65%) for KER is well below the 3 year average (10.05%), which needs to be investigated, but indicates that KER had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROIC | 3.65% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
1.3 Margins
The Profit Margin of KER (4.62%) is worse than 62.79% of its industry peers.
In the last couple of years the Profit Margin of KER has declined.
With a Operating Margin value of 11.07%, KER perfoms like the industry average, outperforming 58.14% of the companies in the same industry.
In the last couple of years the Operating Margin of KER has declined.
KER's Gross Margin of 73.03% is fine compared to the rest of the industry. KER outperforms 79.07% of its industry peers.
In the last couple of years the Gross Margin of KER has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% |
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
2. Health
2.1 Basic Checks
KER has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KER remains at a similar level compared to 1 year ago.
Compared to 5 years ago, KER has less shares outstanding
Compared to 1 year ago, KER has a worse debt to assets ratio.
2.2 Solvency
KER has an Altman-Z score of 1.71. This is a bad value and indicates that KER is not financially healthy and even has some risk of bankruptcy.
KER has a Altman-Z score of 1.71. This is in the lower half of the industry: KER underperforms 74.42% of its industry peers.
KER has a debt to FCF ratio of 13.86. This is a negative value and a sign of low solvency as KER would need 13.86 years to pay back of all of its debts.
KER has a Debt to FCF ratio of 13.86. This is in the lower half of the industry: KER underperforms 79.07% of its industry peers.
KER has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
KER's Debt to Equity ratio of 1.12 is on the low side compared to the rest of the industry. KER is outperformed by 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.51
WACC7.1%
2.3 Liquidity
A Current Ratio of 1.32 indicates that KER should not have too much problems paying its short term obligations.
The Current ratio of KER (1.32) is worse than 72.09% of its industry peers.
A Quick Ratio of 0.87 indicates that KER may have some problems paying its short term obligations.
With a Quick ratio value of 0.87, KER perfoms like the industry average, outperforming 51.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
KER shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.67%.
Measured over the past years, KER shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.03% on average per year.
Looking at the last year, KER shows a very negative growth in Revenue. The Revenue has decreased by -14.56% in the last year.
Measured over the past years, KER shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
3.2 Future
Based on estimates for the next years, KER will show a very strong growth in Earnings Per Share. The EPS will grow by 20.83% on average per year.
Based on estimates for the next years, KER will show a small growth in Revenue. The Revenue will grow by 2.76% on average per year.
EPS Next Y-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.83%
Revenue Next Year-12.57%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1.23%
Revenue Next 5Y2.76%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 32.72, which means the current valuation is very expensive for KER.
KER's Price/Earnings ratio is in line with the industry average.
KER is valuated rather expensively when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 29.45, the valuation of KER can be described as expensive.
KER's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.48, KER is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.72 | ||
| Fwd PE | 29.45 |
4.2 Price Multiples
67.44% of the companies in the same industry are cheaper than KER, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as KER.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.75 | ||
| EV/EBITDA | 11.13 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
5. Dividend
5.1 Amount
KER has a Yearly Dividend Yield of 2.55%.
KER's Dividend Yield is a higher than the industry average which is at 3.24.
KER's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
On average, the dividend of KER grows each year by 6.01%, which is quite nice.
Dividend Growth(5Y)6.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
KER pays out 100.96% of its income as dividend. This is not a sustainable payout ratio.
KER's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP100.96%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPA:KER (9/4/2025, 5:36:15 PM)
232.65
-3.8 (-1.61%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.73%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap28.71B
Analysts52.67
Price Target200.54 (-13.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend14
Dividend Growth(5Y)6.01%
DP100.96%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)3.64%
PT rev (3m)-0.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-38.24%
EPS NY rev (3m)-38.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.84%
Revenue NY rev (3m)-4.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.72 | ||
| Fwd PE | 29.45 | ||
| P/S | 1.82 | ||
| P/FCF | 20.75 | ||
| P/OCF | 7.69 | ||
| P/B | 1.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.13 |
EPS(TTM)7.11
EY3.06%
EPS(NY)7.9
Fwd EY3.4%
FCF(TTM)11.21
FCFY4.82%
OCF(TTM)30.25
OCFY13%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROCE | 5.15% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 8.4% | ||
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% | ||
| FCFM | 8.78% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
ROICexc(3y)11.71%
ROICexc(5y)13.25%
ROICexgc(3y)23.84%
ROICexgc(5y)27.41%
ROCE(3y)14.46%
ROCE(5y)15.94%
ROICexcg growth 3Y-34.7%
ROICexcg growth 5Y-22.91%
ROICexc growth 3Y-32.92%
ROICexc growth 5Y-21.33%
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
F-Score4
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 109.66% | ||
| Cap/Sales | 14.9% | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | 96.04% | ||
| Profit Quality | 189.85% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.71 |
F-Score4
WACC7.1%
ROIC/WACC0.51
Cap/Depr(3y)121.37%
Cap/Depr(5y)96.61%
Cap/Sales(3y)12.62%
Cap/Sales(5y)9.83%
Profit Quality(3y)91.35%
Profit Quality(5y)99.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
EPS Next Y-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.83%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-12.57%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1.23%
Revenue Next 5Y2.76%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year50.68%
EBIT Next 3Y22.84%
EBIT Next 5Y25.36%
FCF growth 1Y-25.75%
FCF growth 3Y-29.17%
FCF growth 5Y-3.26%
OCF growth 1Y-16.39%
OCF growth 3Y-1.14%
OCF growth 5Y12.54%