IMERYS SA (NK.PA) Stock Fundamental Analysis
EPA:NK - Euronext Paris - Matif - FR0000120859 - Common Stock - Currency: EUR
NK gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 12 industry peers in the Construction Materials industry. While NK seems to be doing ok healthwise, there are quite some concerns on its profitability. NK has a expensive valuation and it also scores bad on growth.
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.
NK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NK (-1.42%) is worse than 75.00% of its industry peers.
With a Return On Equity value of -2.90%, NK is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
NK's Return On Invested Capital of 3.63% is on the low side compared to the rest of the industry. NK is outperformed by 75.00% 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 8.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.42% | ||
| ROE | -2.9% | ||
| ROIC | 3.63% |
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
With a Operating Margin value of 7.87%, NK is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of NK has declined.
The Gross Margin of NK (66.83%) is better than 91.67% of its industry peers.
NK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.87% | ||
| PM (TTM) | N/A | ||
| GM | 66.83% |
OM growth 3Y-7%
OM growth 5Y-1.9%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.13%
GM growth 5Y2.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NK is destroying value.
Compared to 1 year ago, NK has about the same amount of shares outstanding.
NK has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.86 indicates that NK is not a great score, but indicates only limited risk for bankruptcy at the moment.
NK has a Altman-Z score (1.86) which is comparable to the rest of the industry.
The Debt to FCF ratio of NK is 16.78, which is on the high side as it means it would take NK, 16.78 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NK (16.78) is worse than 75.00% of its industry peers.
NK has a Debt/Equity ratio of 0.56. This is a neutral value indicating NK is somewhat dependend on debt financing.
The Debt to Equity ratio of NK (0.56) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 16.78 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.58
WACC6.22%
2.3 Liquidity
A Current Ratio of 1.99 indicates that NK should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.99, NK belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
NK has a Quick Ratio of 1.25. This is a normal value and indicates that NK is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.25, NK is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
NK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -296.20%.
The Revenue has decreased by -4.99% in the past year.
Measured over the past years, NK shows a decrease in Revenue. The Revenue has been decreasing by -3.71% on average per year.
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 4.74% on average per year.
NK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.90% yearly.
EPS Next Y-3.71%
EPS Next 2Y4.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.1%
Revenue Next 2Y2.5%
Revenue Next 3Y4.16%
Revenue Next 5Y4.9%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
NK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 11.09, the valuation of NK can be described as very reasonable.
NK's Price/Forward Earnings ratio is in line with the industry average.
NK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
NK's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, NK is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.87 | ||
| EV/EBITDA | 6.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.74%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.56%, NK is a good candidate for dividend investing.
NK's Dividend Yield is rather good when compared to the industry average which is at 2.92. NK pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, NK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
5.2 History
The dividend of NK decreases each year by -8.76%.
Dividend Growth(5Y)-8.76%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of NK are negative and hence is the payout ratio. NK will probably not be able to sustain this dividend level.
DP-122.63%
EPS Next 2Y4.74%
EPS Next 3YN/A
EPA:NK (3/26/2025, 5:30:00 PM)
32.01
+0.17 (+0.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners68.6%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.72B
Analysts81.33
Price Target40.46 (26.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
Yearly Dividend1.38
Dividend Growth(5Y)-8.76%
DP-122.63%
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)0%
PT rev (3m)-8.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-13.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.07%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.09 | ||
| P/S | 0.75 | ||
| P/FCF | 23.87 | ||
| P/OCF | 5.69 | ||
| P/B | 0.83 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 6.72 |
EPS(TTM)-1.15
EYN/A
EPS(NY)2.89
Fwd EY9.02%
FCF(TTM)1.34
FCFY4.19%
OCF(TTM)5.63
OCFY17.58%
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 | 4.97% | ||
| ROIC | 3.63% | ||
| ROICexc | 4.09% | ||
| ROICexgc | 7.28% | ||
| OM | 7.87% | ||
| PM (TTM) | N/A | ||
| GM | 66.83% | ||
| FCFM | 3.16% |
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)5.5%
ROCE(5y)5.6%
ROICexcg growth 3Y-6.29%
ROICexcg growth 5Y-5.31%
ROICexc growth 3Y-5.61%
ROICexc growth 5Y-4.71%
OM growth 3Y-7%
OM growth 5Y-1.9%
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 | 16.78 | ||
| Debt/EBITDA | 3.15 | ||
| Cap/Depr | 120.76% | ||
| Cap/Sales | 10.1% | ||
| Interest Coverage | 4.68 | ||
| Cash Conversion | 81.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 1.86 |
F-Score6
WACC6.22%
ROIC/WACC0.58
Cap/Depr(3y)127.3%
Cap/Depr(5y)114.11%
Cap/Sales(3y)10.07%
Cap/Sales(5y)9.4%
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-3.71%
EPS Next 2Y4.74%
EPS Next 3YN/A
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 Year1.1%
Revenue Next 2Y2.5%
Revenue Next 3Y4.16%
Revenue Next 5Y4.9%
EBIT growth 1Y1.61%
EBIT growth 3Y-7.51%
EBIT growth 5Y-5.54%
EBIT Next Year132.94%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-68.46%
FCF growth 3Y-14.29%
FCF growth 5Y-10.91%
OCF growth 1Y-37.15%
OCF growth 3Y-4.16%
OCF growth 5Y-1.5%