UMICORE (NVJP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NVJP - BE0974320526 - Common Stock
21.82 EUR
+0.98 (+4.7%)
NVJP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 71 industry peers in the Chemicals industry. NVJP has a medium profitability rating, but doesn't score so well on its financial health evaluation. NVJP has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- NVJP had positive earnings in the past year.
- In the past year NVJP had a positive cash flow from operations.
- NVJP had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years NVJP had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of NVJP (1.50%) is comparable to the rest of the industry.
- With a Return On Equity value of 6.30%, NVJP perfoms like the industry average, outperforming 57.75% of the companies in the same industry.
- 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
- The Profit Margin of NVJP (0.80%) 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.
- With a Gross Margin value of 7.76%, NVJP is not doing good in the industry: 84.51% of the companies in the same industry are doing better.
- 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.
- Compared to 1 year ago, NVJP has about the same amount of shares outstanding.
- Compared to 5 years ago, NVJP has about the same amount of shares outstanding.
- NVJP has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.91 indicates that NVJP is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.91, 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 (50.79) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.10 is on the high side and indicates that NVJP has dependencies on debt financing.
- The Debt to Equity ratio of NVJP (1.10) is worse than 83.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 50.79 | ||
| Altman-Z | 2.91 |
ROIC/WACC0.99
WACC6.43%
2.3 Liquidity
- A Current Ratio of 1.37 indicates that NVJP should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.37, NVJP is doing worse than 70.42% of the companies in the same industry.
- NVJP has a Quick Ratio of 1.37. This is a bad value and indicates that NVJP is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of NVJP (0.72) is worse than 74.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
- The earnings per share for NVJP have decreased strongly by -18.12% in the last year.
- NVJP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.85% yearly.
- Looking at the last year, NVJP shows a small growth in Revenue. The Revenue has grown by 2.55% in the last year.
- NVJP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.21% yearly.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- The Price/Earnings ratio is 19.31, which indicates a rather expensive current valuation of NVJP.
- 71.83% of the companies in the same industry are more expensive than NVJP, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.25. NVJP is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 15.60 indicates a correct valuation of NVJP.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NVJP indicates a somewhat cheap valuation: NVJP is cheaper than 74.65% of the companies listed in the same industry.
- 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 | 19.31 | ||
| Fwd PE | 15.6 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95.31 | ||
| EV/EBITDA | 10.2 |
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.
- A more expensive valuation may be justified as NVJP's earnings are expected to grow with 12.98% in the coming years.
PEG (NY)0.97
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.
- NVJP's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| 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
- NVJP pays out 93.29% of its income as dividend. This is not a sustainable payout ratio.
- NVJP's earnings are growing more than its dividend. This makes the dividend growth 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%.