MAGNUM ICE CREAM CO NV/THE (MICC.AS) Fundamental Analysis & Valuation

AMS:MICC • NL0015002MS2

13.044 EUR
-0.11 (-0.82%)
Last: Mar 9, 2026, 05:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This MICC.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, MICC scores 4 out of 10 in our fundamental rating. MICC was compared to 64 industry peers in the Food Products industry. Both the profitability and the financial health of MICC get a neutral evaluation. Nothing too spectacular is happening here. MICC has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. MICC.AS Profitability Analysis

1.1 Basic Checks

  • In the past year MICC was profitable.
  • In the past year MICC had a positive cash flow from operations.
MICC.AS Yearly Net Income VS EBIT VS OCF VS FCFMICC.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • MICC has a better Return On Assets (9.34%) than 89.06% of its industry peers.
  • MICC has a better Return On Equity (20.42%) than 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 20.71%, MICC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
ROA 9.34%
ROE 20.42%
ROIC 20.71%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MICC.AS Yearly ROA, ROE, ROICMICC.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2023 2024 5 10 15 20

1.3 Margins

  • MICC's Profit Margin of 7.29% is fine compared to the rest of the industry. MICC outperforms 73.44% of its industry peers.
  • MICC has a Operating Margin of 12.14%. This is in the better half of the industry: MICC outperforms 78.13% of its industry peers.
  • The Gross Margin of MICC (34.91%) is better than 60.94% of its industry peers.
Industry RankSector Rank
OM 12.14%
PM (TTM) 7.29%
GM 34.91%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MICC.AS Yearly Profit, Operating, Gross MarginsMICC.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2023 2024 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. MICC.AS Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MICC is creating value.
  • MICC has about the same amout of shares outstanding than it did 1 year ago.
  • MICC has a better debt/assets ratio than last year.
MICC.AS Yearly Shares OutstandingMICC.AS Yearly Shares OutstandingYearly Shares Outstanding 2023 2024 200M 400M 600M
MICC.AS Yearly Total Debt VS Total AssetsMICC.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • MICC has an Altman-Z score of 3.84. This indicates that MICC is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 3.84, MICC belongs to the best of the industry, outperforming 85.94% of the companies in the same industry.
  • The Debt to FCF ratio of MICC is 0.52, which is an excellent value as it means it would take MICC, only 0.52 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 0.52, MICC belongs to the best of the industry, outperforming 95.31% of the companies in the same industry.
  • MICC has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
  • MICC has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. MICC outperforms 87.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 0.52
Altman-Z 3.84
ROIC/WACC2.81
WACC7.38%
MICC.AS Yearly LT Debt VS Equity VS FCFMICC.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2023 2024 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • MICC has a Current Ratio of 0.93. This is a bad value and indicates that MICC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MICC has a worse Current ratio (0.93) than 70.31% of its industry peers.
  • MICC has a Quick Ratio of 0.93. This is a bad value and indicates that MICC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MICC has a worse Quick ratio (0.54) than 73.44% of its industry peers.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.54
MICC.AS Yearly Current Assets VS Current LiabilitesMICC.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. MICC.AS Growth Analysis

3.1 Past

  • MICC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.75%, which is quite good.
  • Looking at the last year, MICC shows a small growth in Revenue. The Revenue has grown by 4.32% in the last year.
EPS 1Y (TTM)18.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)4.32%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.48%

3.2 Future

  • Based on estimates for the next years, MICC will show a small growth in Earnings Per Share. The EPS will grow by 5.76% on average per year.
  • Based on estimates for the next years, MICC will show a small growth in Revenue. The Revenue will grow by 3.16% on average per year.
EPS Next Y11.56%
EPS Next 2Y1.71%
EPS Next 3Y4.4%
EPS Next 5Y5.76%
Revenue Next Year2.57%
Revenue Next 2Y2.59%
Revenue Next 3Y3.13%
Revenue Next 5Y3.16%

3.3 Evolution

MICC.AS Yearly Revenue VS EstimatesMICC.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2023 2024 2025 2026 2027 2028 2B 4B 6B 8B
MICC.AS Yearly EPS VS EstimatesMICC.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2025 2026 2027 2028 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

5

4. MICC.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.73, which indicates a correct valuation of MICC.
  • Based on the Price/Earnings ratio, MICC is valued a bit cheaper than 67.19% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, MICC is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 13.27, which indicates a correct valuation of MICC.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MICC indicates a somewhat cheap valuation: MICC is cheaper than 60.94% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.60. MICC is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 13.73
Fwd PE 13.27
MICC.AS Price Earnings VS Forward Price EarningsMICC.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MICC indicates a somewhat cheap valuation: MICC is cheaper than 76.56% of the companies listed in the same industry.
  • 71.88% of the companies in the same industry are more expensive than MICC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.99
EV/EBITDA 6.3
MICC.AS Per share dataMICC.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • MICC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.19
PEG (5Y)N/A
EPS Next 2Y1.71%
EPS Next 3Y4.4%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MICC.AS Dividend Analysis

5.1 Amount

  • No dividends for MICC!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MICC.AS Fundamentals: All Metrics, Ratios and Statistics

MAGNUM ICE CREAM CO NV/THE

AMS:MICC (3/9/2026, 5:36:15 PM)

13.044

-0.11 (-0.82%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-12
Earnings (Next)N/A
Inst Owners47.2%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap7.99B
Revenue(TTM)7.95B
Net Income(TTM)579.00M
Analysts72.38
Price Target15.39 (17.99%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
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)-2.29%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.76%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 13.73
Fwd PE 13.27
P/S 1
P/FCF 11.99
P/OCF 7.92
P/B 2.82
P/tB 5.03
EV/EBITDA 6.3
EPS(TTM)0.95
EY7.28%
EPS(NY)0.98
Fwd EY7.53%
FCF(TTM)1.09
FCFY8.34%
OCF(TTM)1.65
OCFY12.63%
SpS12.98
BVpS4.63
TBVpS2.59
PEG (NY)1.19
PEG (5Y)N/A
Graham Number9.95
Profitability
Industry RankSector Rank
ROA 9.34%
ROE 20.42%
ROCE 27.4%
ROIC 20.71%
ROICexc 20.71%
ROICexgc 32.06%
OM 12.14%
PM (TTM) 7.29%
GM 34.91%
FCFM 8.38%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover1.28
Health
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 0.52
Debt/EBITDA 0.19
Cap/Depr 92.95%
Cap/Sales 4.32%
Interest Coverage 60.31
Cash Conversion 75.64%
Profit Quality 115.03%
Current Ratio 0.93
Quick Ratio 0.54
Altman-Z 3.84
F-Score6
WACC7.38%
ROIC/WACC2.81
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y11.56%
EPS Next 2Y1.71%
EPS Next 3Y4.4%
EPS Next 5Y5.76%
Revenue 1Y (TTM)4.32%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.48%
Revenue Next Year2.57%
Revenue Next 2Y2.59%
Revenue Next 3Y3.13%
Revenue Next 5Y3.16%
EBIT growth 1Y11.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year39.27%
EBIT Next 3Y13.69%
EBIT Next 5Y12.4%
FCF growth 1Y24.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.77%
OCF growth 3YN/A
OCF growth 5YN/A

MAGNUM ICE CREAM CO NV/THE / MICC.AS FAQ

What is the fundamental rating for MICC stock?

ChartMill assigns a fundamental rating of 4 / 10 to MICC.AS.


What is the valuation status for MICC stock?

ChartMill assigns a valuation rating of 5 / 10 to MAGNUM ICE CREAM CO NV/THE (MICC.AS). This can be considered as Fairly Valued.


What is the profitability of MICC stock?

MAGNUM ICE CREAM CO NV/THE (MICC.AS) has a profitability rating of 4 / 10.


Can you provide the financial health for MICC stock?

The financial health rating of MAGNUM ICE CREAM CO NV/THE (MICC.AS) is 6 / 10.