UMICORE (NVJP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NVJP - BE0974320526 - Common Stock
20.84 EUR
+0.58 (+2.86%)
Taking everything into account, NVJP scores 3 out of 10 in our fundamental rating. NVJP was compared to 71 industry peers in the Chemicals industry. There are concerns on the financial health of NVJP while its profitability can be described as average. NVJP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- NVJP had positive earnings in the past year.
- NVJP had a positive operating cash flow in the past year.
- Of the past 5 years NVJP 4 years were profitable.
- NVJP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NVJP has a Return On Assets of 1.50%. This is comparable to the rest of the industry: NVJP outperforms 53.52% of its industry peers.
- NVJP's Return On Equity of 6.30% is in line compared to the rest of the industry. NVJP outperforms 57.75% of its industry peers.
- NVJP has a Return On Invested Capital of 6.40%. This is in the better half of the industry: NVJP outperforms 63.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.5% | ||
| ROE | 6.3% | ||
| ROIC | 6.4% |
ROA(3y)-2.04%
ROA(5y)0.46%
ROE(3y)-16.55%
ROE(5y)-4.93%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- NVJP has a Profit Margin (0.80%) which is comparable to the rest of the industry.
- NVJP has a Operating Margin of 2.57%. This is in the lower half of the industry: NVJP underperforms 60.56% of its industry peers.
- NVJP has a Gross Margin of 7.76%. This is amonst the worse of the industry: NVJP underperforms 84.51% of its industry peers.
- NVJP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.57% | ||
| PM (TTM) | 0.8% | ||
| GM | 7.76% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.61%
GM growth 5Y5.16%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NVJP is destroying value.
- The number of shares outstanding for NVJP remains at a similar level compared to 1 year ago.
- NVJP has about the same amout of shares outstanding than it did 5 years ago.
- Compared to 1 year ago, NVJP has a worse debt to assets ratio.
2.2 Solvency
- NVJP has an Altman-Z score of 2.88. This is not the best score and indicates that NVJP is in the grey zone with still only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.88, NVJP is in the better half of the industry, outperforming 61.97% of the companies in the same industry.
- The Debt to FCF ratio of NVJP is 50.79, which is on the high side as it means it would take NVJP, 50.79 years of fcf income to pay off all of its debts.
- NVJP has a Debt to FCF ratio of 50.79. This is comparable to the rest of the industry: NVJP outperforms 43.66% of its industry peers.
- NVJP has a Debt/Equity ratio of 1.10. This is a high value indicating a heavy dependency on external financing.
- NVJP's Debt to Equity ratio of 1.10 is on the low side compared to the rest of the industry. NVJP is outperformed by 83.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 50.79 | ||
| Altman-Z | 2.88 |
ROIC/WACC1
WACC6.4%
2.3 Liquidity
- A Current Ratio of 1.37 indicates that NVJP should not have too much problems paying its short term obligations.
- NVJP has a worse Current ratio (1.37) than 70.42% of its industry peers.
- A Quick Ratio of 0.72 indicates that NVJP may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.72, NVJP is doing worse than 74.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
- NVJP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.12%.
- The Earnings Per Share has been decreasing by -3.85% on average over the past years.
- NVJP shows a small growth in Revenue. In the last year, the Revenue has grown by 2.55%.
- The Revenue has been decreasing by -3.21% on average over the past years.
EPS 1Y (TTM)-18.12%
EPS 3Y-27.4%
EPS 5Y-3.85%
EPS Q2Q%14.29%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y-14.84%
Revenue growth 5Y-3.21%
Sales Q2Q%-0.72%
3.2 Future
- The Earnings Per Share is expected to grow by 9.99% on average over the next years. This is quite good.
- The Revenue is expected to grow by 2.12% on average over the next years.
EPS Next Y19.97%
EPS Next 2Y14.89%
EPS Next 3Y12.98%
EPS Next 5Y9.99%
Revenue Next Year-3.09%
Revenue Next 2Y1.92%
Revenue Next 3Y1.07%
Revenue Next 5Y2.12%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- Based on the Price/Earnings ratio of 18.44, the valuation of NVJP can be described as rather expensive.
- Based on the Price/Earnings ratio, NVJP is valued a bit cheaper than the industry average as 71.83% of the companies are valued more expensively.
- NVJP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.21.
- The Price/Forward Earnings ratio is 14.89, which indicates a correct valuation of NVJP.
- Based on the Price/Forward Earnings ratio, NVJP is valued a bit cheaper than the industry average as 74.65% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NVJP to the average of the S&P500 Index (25.98), we can say NVJP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.44 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NVJP indicates a somewhat cheap valuation: NVJP is cheaper than 63.38% of the companies listed in the same industry.
- NVJP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 91.03 | ||
| EV/EBITDA | 9.85 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- NVJP's earnings are expected to grow with 12.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.92
PEG (5Y)N/A
EPS Next 2Y14.89%
EPS Next 3Y12.98%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.72%, NVJP has a reasonable but not impressive dividend return.
- NVJP's Dividend Yield is comparable with the industry average which is at 2.45.
- Compared to an average S&P500 Dividend Yield of 1.81, NVJP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
5.2 History
- The dividend of NVJP has a limited annual growth rate of 0.67%.
Dividend Growth(5Y)0.67%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
- 93.29% of the earnings are spent on dividend by NVJP. This is not a sustainable payout ratio.
- The dividend of NVJP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP93.29%
EPS Next 2Y14.89%
EPS Next 3Y12.98%
UMICORE / NVJP.DE FAQ
What is the ChartMill fundamental rating of UMICORE (NVJP.DE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NVJP.DE.
Can you provide the valuation status for UMICORE?
ChartMill assigns a valuation rating of 5 / 10 to UMICORE (NVJP.DE). This can be considered as Fairly Valued.
How profitable is UMICORE (NVJP.DE) stock?
UMICORE (NVJP.DE) has a profitability rating of 4 / 10.
What is the earnings growth outlook for UMICORE?
The Earnings per Share (EPS) of UMICORE (NVJP.DE) is expected to grow by 19.97% in the next year.
How sustainable is the dividend of UMICORE (NVJP.DE) stock?
The dividend rating of UMICORE (NVJP.DE) is 3 / 10 and the dividend payout ratio is 93.29%.