KORIAN (KORI.PA) Stock Fundamental Analysis
EPA:KORI - FR0010386334 - Common Stock
7.36 EUR
-0.29 (-3.79%)
KORI gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 27 industry peers in the Health Care Providers & Services industry. There are concerns on the financial health of KORI while its profitability can be described as average. KORI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year KORI was profitable.
In the past year KORI had a positive cash flow from operations.
In the past 5 years KORI has always been profitable.
Each year in the past 5 years KORI had a positive operating cash flow.
1.2 Ratios
KORI's Return On Assets of 0.15% is on the low side compared to the rest of the industry. KORI is outperformed by 76.19% of its industry peers.
Looking at the Return On Equity, with a value of 0.62%, KORI is doing worse than 76.19% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.43%, KORI is doing worse than 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KORI is below the industry average of 5.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.15% | ||
| ROE | 0.62% | ||
| ROIC | 2.43% |
ROA(3y)0.36%
ROA(5y)0.75%
ROE(3y)1.49%
ROE(5y)2.76%
ROIC(3y)2.49%
ROIC(5y)3.01%
1.3 Margins
Looking at the Profit Margin, with a value of 0.50%, KORI is doing worse than 76.19% of the companies in the same industry.
In the last couple of years the Profit Margin of KORI has declined.
Looking at the Operating Margin, with a value of 7.54%, KORI is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
KORI's Operating Margin has declined in the last couple of years.
KORI has a Gross Margin of 92.07%. This is amongst the best in the industry. KORI outperforms 95.24% of its industry peers.
In the last couple of years the Gross Margin of KORI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| PM (TTM) | 0.5% | ||
| GM | 92.07% |
OM growth 3Y-8.77%
OM growth 5Y-3.82%
PM growth 3Y-46.1%
PM growth 5Y-37.51%
GM growth 3Y-0.1%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KORI is destroying value.
Compared to 1 year ago, KORI has more shares outstanding
The debt/assets ratio for KORI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.51, we must say that KORI is in the distress zone and has some risk of bankruptcy.
KORI has a worse Altman-Z score (0.51) than 76.19% of its industry peers.
The Debt to FCF ratio of KORI is 34.46, which is on the high side as it means it would take KORI, 34.46 years of fcf income to pay off all of its debts.
KORI has a worse Debt to FCF ratio (34.46) than 66.67% of its industry peers.
KORI has a Debt/Equity ratio of 1.96. This is a high value indicating a heavy dependency on external financing.
KORI's Debt to Equity ratio of 1.96 is on the low side compared to the rest of the industry. KORI is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | 34.46 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.82
WACC2.97%
2.3 Liquidity
A Current Ratio of 0.63 indicates that KORI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.63, KORI is doing worse than 71.43% of the companies in the same industry.
KORI has a Quick Ratio of 0.63. This is a bad value and indicates that KORI is not financially healthy enough and could expect problems in meeting its short term obligations.
KORI has a worse Quick ratio (0.62) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
KORI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -77.10%.
Measured over the past years, KORI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -36.91% on average per year.
The Revenue has been growing slightly by 7.27% in the past year.
Measured over the past years, KORI shows a small growth in Revenue. The Revenue has been growing by 7.23% on average per year.
EPS 1Y (TTM)-77.1%
EPS 3Y-46.73%
EPS 5Y-36.91%
EPS Q2Q%-85.96%
Revenue 1Y (TTM)7.27%
Revenue growth 3Y7.1%
Revenue growth 5Y7.23%
Sales Q2Q%6.66%
3.2 Future
KORI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.31% yearly.
KORI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.00% yearly.
EPS Next Y-69.88%
EPS Next 2Y-27.27%
EPS Next 3Y-17.31%
EPS Next 5YN/A
Revenue Next Year8.42%
Revenue Next 2Y7.06%
Revenue Next 3Y6.39%
Revenue Next 5Y5%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 38.74 indicates a quite expensive valuation of KORI.
Based on the Price/Earnings ratio, KORI is valued a bit more expensive than 76.19% of the companies in the same industry.
KORI's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.08.
KORI is valuated rather expensively with a Price/Forward Earnings ratio of 24.99.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KORI indicates a slightly more expensive valuation: KORI is more expensive than 66.67% of the companies listed in the same industry.
KORI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 24.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KORI is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, KORI is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.27 | ||
| EV/EBITDA | 8.71 |
4.3 Compensation for Growth
A cheap valuation may be justified as KORI's earnings are expected to decrease with -17.31% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.27%
EPS Next 3Y-17.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.27%, KORI has a reasonable but not impressive dividend return.
KORI's Dividend Yield is rather good when compared to the industry average which is at 2.87. KORI pays more dividend than 80.95% of the companies in the same industry.
KORI's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
5.2 History
On average, the dividend of KORI grows each year by 10.51%, which is quite nice.
Dividend Growth(5Y)10.51%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
262.13% of the earnings are spent on dividend by KORI. This is not a sustainable payout ratio.
KORI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP262.13%
EPS Next 2Y-27.27%
EPS Next 3Y-17.31%
EPA:KORI (6/19/2023, 7:00:00 PM)
7.36
-0.29 (-3.79%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap783.53M
Analysts82.86
Price Target12.22 (66.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
Yearly Dividend0.55
Dividend Growth(5Y)10.51%
DP262.13%
Div Incr Years0
Div Non Decr Years0
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)-4.01%
PT rev (3m)-21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-60.67%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 24.99 | ||
| P/S | 0.18 | ||
| P/FCF | 3.27 | ||
| P/OCF | 0.91 | ||
| P/B | 0.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.71 |
EPS(TTM)0.19
EY2.58%
EPS(NY)0.29
Fwd EY4%
FCF(TTM)2.25
FCFY30.55%
OCF(TTM)8.09
OCFY109.96%
SpS41.69
BVpS33.25
TBVpS-18.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.15% | ||
| ROE | 0.62% | ||
| ROCE | N/A | ||
| ROIC | 2.43% | ||
| ROICexc | 2.59% | ||
| ROICexgc | 5.16% | ||
| OM | 7.54% | ||
| PM (TTM) | 0.5% | ||
| GM | 92.07% | ||
| FCFM | N/A |
ROA(3y)0.36%
ROA(5y)0.75%
ROE(3y)1.49%
ROE(5y)2.76%
ROIC(3y)2.49%
ROIC(5y)3.01%
ROICexc(3y)2.74%
ROICexc(5y)3.27%
ROICexgc(3y)5.64%
ROICexgc(5y)8.21%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-10.64%
ROICexcg growth 5Y-22.21%
ROICexc growth 3Y-9.78%
ROICexc growth 5Y-10.81%
OM growth 3Y-8.77%
OM growth 5Y-3.82%
PM growth 3Y-46.1%
PM growth 5Y-37.51%
GM growth 3Y-0.1%
GM growth 5Y0.03%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | 34.46 | ||
| Debt/EBITDA | 8.67 | ||
| Cap/Depr | 100.82% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 1085.11% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.51 |
F-Score5
WACC2.97%
ROIC/WACC0.82
Cap/Depr(3y)95.42%
Cap/Depr(5y)108.61%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)708.02%
Profit Quality(5y)519.75%
High Growth Momentum
Growth
EPS 1Y (TTM)-77.1%
EPS 3Y-46.73%
EPS 5Y-36.91%
EPS Q2Q%-85.96%
EPS Next Y-69.88%
EPS Next 2Y-27.27%
EPS Next 3Y-17.31%
EPS Next 5YN/A
Revenue 1Y (TTM)7.27%
Revenue growth 3Y7.1%
Revenue growth 5Y7.23%
Sales Q2Q%6.66%
Revenue Next Year8.42%
Revenue Next 2Y7.06%
Revenue Next 3Y6.39%
Revenue Next 5Y5%
EBIT growth 1Y-17.06%
EBIT growth 3Y-2.29%
EBIT growth 5Y3.14%
EBIT Next Year160.05%
EBIT Next 3Y43.4%
EBIT Next 5Y25.83%
FCF growth 1Y-23.06%
FCF growth 3Y-18.33%
FCF growth 5Y4.03%
OCF growth 1Y2.56%
OCF growth 3Y4.01%
OCF growth 5Y17.47%