IMERYS SA (NK.PA) Stock Fundamental Analysis
EPA:NK - Euronext Paris - Matif - FR0000120859 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to NK. NK was compared to 13 industry peers in the Construction Materials industry. NK may be in some trouble as it scores bad on both profitability and health. NK does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
NK had negative earnings in the past year.
In the past year NK had a positive cash flow from operations.
NK had positive earnings in 4 of the past 5 years.
In the past 5 years NK always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -1.42%, NK is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
NK has a Return On Equity of -2.90%. This is in the lower half of the industry: NK underperforms 76.92% of its industry peers.
NK has a Return On Invested Capital of 3.55%. This is in the lower half of the industry: NK underperforms 76.92% of its industry peers.
NK had an Average Return On Invested Capital over the past 3 years of 4.04%. This is below the industry average of 7.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -2.9% | ||
| ROIC | 3.55% |
ROA(3y)0.77%
ROA(5y)1.2%
ROE(3y)1.95%
ROE(5y)2.88%
ROIC(3y)4.04%
ROIC(5y)4.11%
1.3 Margins
NK's Operating Margin of 7.70% is on the low side compared to the rest of the industry. NK is outperformed by 69.23% of its industry peers.
NK's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 66.83%, NK belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
In the last couple of years the Gross Margin of NK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.7% | ||
| PM (TTM) | N/A | ||
| GM | 66.83% |
OM growth 3Y-6.92%
OM growth 5Y-1.85%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.13%
GM growth 5Y2.94%
2. Health
2.1 Basic Checks
NK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NK has about the same amount of shares outstanding.
The number of shares outstanding for NK has been increased compared to 5 years ago.
NK has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.83 indicates that NK is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of NK (1.83) is worse than 61.54% of its industry peers.
The Debt to FCF ratio of NK is 19.15, which is on the high side as it means it would take NK, 19.15 years of fcf income to pay off all of its debts.
NK has a worse Debt to FCF ratio (19.15) than 76.92% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that NK is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.56, NK is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 19.15 | ||
| Altman-Z | 1.83 |
ROIC/WACC0.59
WACC6.03%
2.3 Liquidity
NK has a Current Ratio of 1.99. This is a normal value and indicates that NK is financially healthy and should not expect problems in meeting its short term obligations.
NK has a Current ratio of 1.99. This is amongst the best in the industry. NK outperforms 84.62% of its industry peers.
A Quick Ratio of 1.25 indicates that NK should not have too much problems paying its short term obligations.
NK has a Quick ratio of 1.25. This is in the better half of the industry: NK outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The earnings per share for NK have decreased strongly by -296.20% in the last year.
Looking at the last year, NK shows a decrease in Revenue. The Revenue has decreased by -4.99% in the last year.
The Revenue has been decreasing by -3.71% on average over the past years.
EPS 1Y (TTM)-296.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-153.07%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y-0.55%
Revenue growth 5Y-3.71%
Sales Q2Q%-6.94%
3.2 Future
Based on estimates for the next years, NK will show a small growth in Earnings Per Share. The EPS will grow by 7.99% on average per year.
The Revenue is expected to grow by 4.90% on average over the next years.
EPS Next Y-4.67%
EPS Next 2Y1.53%
EPS Next 3Y7.99%
EPS Next 5YN/A
Revenue Next Year-0.54%
Revenue Next 2Y1.68%
Revenue Next 3Y3.76%
Revenue Next 5Y4.9%
3.3 Evolution
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
NK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 9.84, the valuation of NK can be described as reasonable.
NK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NK is cheaper than 61.54% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NK to the average of the S&P500 Index (21.90), we can say NK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.84 |
4.2 Price Multiples
61.54% of the companies in the same industry are more expensive than NK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NK is valued a bit more expensive than the industry average as 76.92% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.93 | ||
| EV/EBITDA | 6.38 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.53%
EPS Next 3Y7.99%
5. Dividend
5.1 Amount
NK has a Yearly Dividend Yield of 5.19%, which is a nice return.
NK's Dividend Yield is rather good when compared to the industry average which is at 3.54. NK pays more dividend than 84.62% of the companies in the same industry.
NK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
5.2 History
The dividend of NK decreases each year by -8.90%.
Dividend Growth(5Y)-8.9%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
NK has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-121.68%
EPS Next 2Y1.53%
EPS Next 3Y7.99%
EPA:NK (7/4/2025, 7:00:00 PM)
28.12
-0.26 (-0.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners68.15%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap2.39B
Analysts80
Price Target38.76 (37.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
Yearly Dividend1.37
Dividend Growth(5Y)-8.9%
DP-121.68%
Div Incr Years1
Div Non Decr Years1
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)0%
PT rev (3m)-4.2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.84 | ||
| P/S | 0.66 | ||
| P/FCF | 23.93 | ||
| P/OCF | 5.02 | ||
| P/B | 0.73 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 6.38 |
EPS(TTM)-1.15
EYN/A
EPS(NY)2.86
Fwd EY10.16%
FCF(TTM)1.17
FCFY4.18%
OCF(TTM)5.6
OCFY19.92%
SpS42.44
BVpS38.62
TBVpS12.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -2.9% | ||
| ROCE | 4.86% | ||
| ROIC | 3.55% | ||
| ROICexc | 3.99% | ||
| ROICexgc | 7.12% | ||
| OM | 7.7% | ||
| PM (TTM) | N/A | ||
| GM | 66.83% | ||
| FCFM | 2.77% |
ROA(3y)0.77%
ROA(5y)1.2%
ROE(3y)1.95%
ROE(5y)2.88%
ROIC(3y)4.04%
ROIC(5y)4.11%
ROICexc(3y)4.71%
ROICexc(5y)4.71%
ROICexgc(3y)8.34%
ROICexgc(5y)8.54%
ROCE(3y)5.51%
ROCE(5y)5.6%
ROICexcg growth 3Y-6.21%
ROICexcg growth 5Y-5.27%
ROICexc growth 3Y-5.53%
ROICexc growth 5Y-4.67%
OM growth 3Y-6.92%
OM growth 5Y-1.85%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.13%
GM growth 5Y2.94%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 19.15 | ||
| Debt/EBITDA | 3.23 | ||
| Cap/Depr | 128.58% | ||
| Cap/Sales | 10.43% | ||
| Interest Coverage | 4.58 | ||
| Cash Conversion | 83.49% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 1.83 |
F-Score6
WACC6.03%
ROIC/WACC0.59
Cap/Depr(3y)131.01%
Cap/Depr(5y)116.34%
Cap/Sales(3y)10.27%
Cap/Sales(5y)9.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-296.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-153.07%
EPS Next Y-4.67%
EPS Next 2Y1.53%
EPS Next 3Y7.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y-0.55%
Revenue growth 5Y-3.71%
Sales Q2Q%-6.94%
Revenue Next Year-0.54%
Revenue Next 2Y1.68%
Revenue Next 3Y3.76%
Revenue Next 5Y4.9%
EBIT growth 1Y-0.64%
EBIT growth 3Y-7.43%
EBIT growth 5Y-5.49%
EBIT Next Year116.15%
EBIT Next 3Y32.76%
EBIT Next 5YN/A
FCF growth 1Y-73.56%
FCF growth 3Y-17.98%
FCF growth 5Y-13.24%
OCF growth 1Y-39.53%
OCF growth 3Y-4.3%
OCF growth 5Y-1.59%