PARTNERS GROUP HOLDING AG (P2H.DE) Stock Fundamental Analysis
Europe - FRA:P2H - CH0024608827 - Common Stock
1078.5 EUR
+19 (+1.79%)
P2H gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 113 industry peers in the Capital Markets industry. P2H scores excellent on profitability, but there are some minor concerns on its financial health. P2H is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make P2H suitable for growth investing!
1. Profitability
1.1 Basic Checks
P2H had positive earnings in the past year.
P2H had a positive operating cash flow in the past year.
Each year in the past 5 years P2H has been profitable.
Each year in the past 5 years P2H had a positive operating cash flow.
1.2 Ratios
P2H's Return On Assets of 19.35% is amongst the best of the industry. P2H outperforms 95.58% of its industry peers.
Looking at the Return On Equity, with a value of 71.38%, P2H belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of P2H (22.00%) is better than 96.46% of its industry peers.
P2H had an Average Return On Invested Capital over the past 3 years of 23.48%. This is significantly above the industry average of 9.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.35% | ||
| ROE | 71.38% | ||
| ROIC | 22% |
ROA(3y)20.9%
ROA(5y)22.59%
ROE(3y)43.22%
ROE(5y)43.1%
ROIC(3y)23.48%
ROIC(5y)25.07%
1.3 Margins
With an excellent Profit Margin value of 53.72%, P2H belongs to the best of the industry, outperforming 91.15% of the companies in the same industry.
P2H's Profit Margin has been stable in the last couple of years.
P2H's Operating Margin of 62.79% is amongst the best of the industry. P2H outperforms 92.04% of its industry peers.
In the last couple of years the Operating Margin of P2H has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 62.79% | ||
| PM (TTM) | 53.72% | ||
| GM | N/A |
OM growth 3Y0.46%
OM growth 5Y-0.09%
PM growth 3Y-0.38%
PM growth 5Y-0.8%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
P2H has less shares outstanding than it did 1 year ago.
P2H has less shares outstanding than it did 5 years ago.
The debt/assets ratio for P2H is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.60 indicates that P2H is not in any danger for bankruptcy at the moment.
P2H has a Altman-Z score of 5.60. This is amongst the best in the industry. P2H outperforms 85.84% of its industry peers.
The Debt to FCF ratio of P2H is 4.46, which is a neutral value as it means it would take P2H, 4.46 years of fcf income to pay off all of its debts.
P2H has a Debt to FCF ratio of 4.46. This is in the better half of the industry: P2H outperforms 74.34% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that P2H has dependencies on debt financing.
With a Debt to Equity ratio value of 1.80, P2H perfoms like the industry average, outperforming 43.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.46 | ||
| Altman-Z | 5.6 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.50 indicates that P2H should not have too much problems paying its short term obligations.
The Current ratio of P2H (1.50) is better than 76.99% of its industry peers.
A Quick Ratio of 1.50 indicates that P2H should not have too much problems paying its short term obligations.
P2H has a better Quick ratio (1.50) than 78.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
P2H shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.93%, which is quite impressive.
P2H shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.06% yearly.
P2H shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.51%.
The Revenue has been growing slightly by 5.46% on average over the past years.
EPS 1Y (TTM)24.93%
EPS 3Y-7.89%
EPS 5Y5.06%
EPS Q2Q%14.31%
Revenue 1Y (TTM)27.51%
Revenue growth 3Y-7.98%
Revenue growth 5Y5.46%
Sales Q2Q%23.32%
3.2 Future
P2H is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.90% yearly.
P2H is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.54% yearly.
EPS Next Y12.51%
EPS Next 2Y12.39%
EPS Next 3Y13.79%
EPS Next 5Y9.9%
Revenue Next Year17.89%
Revenue Next 2Y14.69%
Revenue Next 3Y15.34%
Revenue Next 5Y10.54%
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
A Price/Earnings ratio of 21.75 indicates a rather expensive valuation of P2H.
Compared to the rest of the industry, the Price/Earnings ratio of P2H indicates a somewhat cheap valuation: P2H is cheaper than 60.18% of the companies listed in the same industry.
P2H's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.89.
P2H is valuated rather expensively with a Price/Forward Earnings ratio of 18.33.
68.14% of the companies in the same industry are more expensive than P2H, based on the Price/Forward Earnings ratio.
P2H's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 18.33 |
4.2 Price Multiples
74.34% of the companies in the same industry are more expensive than P2H, based on the Enterprise Value to EBITDA ratio.
63.72% of the companies in the same industry are more expensive than P2H, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.1 | ||
| EV/EBITDA | 19 |
4.3 Compensation for Growth
P2H's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of P2H may justify a higher PE ratio.
A more expensive valuation may be justified as P2H's earnings are expected to grow with 13.79% in the coming years.
PEG (NY)1.74
PEG (5Y)4.3
EPS Next 2Y12.39%
EPS Next 3Y13.79%
5. Dividend
5.1 Amount
P2H has a Yearly Dividend Yield of 4.29%, which is a nice return.
Compared to an average industry Dividend Yield of 5.70, P2H pays a bit more dividend than its industry peers.
P2H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
5.2 History
The dividend of P2H is nicely growing with an annual growth rate of 12.14%!
Dividend Growth(5Y)12.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
91.15% of the earnings are spent on dividend by P2H. This is not a sustainable payout ratio.
The dividend of P2H is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP91.15%
EPS Next 2Y12.39%
EPS Next 3Y13.79%
FRA:P2H (10/24/2025, 7:00:00 PM)
1078.5
+19 (+1.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners39.93%
Inst Owner ChangeN/A
Ins Owners11.55%
Ins Owner ChangeN/A
Market Cap28.80B
Revenue(TTM)2.23B
Net Income(TTM)1.20B
Analysts71.43
Price Target1292.47 (19.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
Yearly Dividend42.43
Dividend Growth(5Y)12.14%
DP91.15%
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)-1.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.62%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 18.33 | ||
| P/S | 11.94 | ||
| P/FCF | 39.1 | ||
| P/OCF | 34.7 | ||
| P/B | 15.87 | ||
| P/tB | 20.29 | ||
| EV/EBITDA | 19 |
EPS(TTM)49.58
EY4.6%
EPS(NY)58.84
Fwd EY5.46%
FCF(TTM)27.58
FCFY2.56%
OCF(TTM)31.08
OCFY2.88%
SpS90.32
BVpS67.97
TBVpS53.15
PEG (NY)1.74
PEG (5Y)4.3
Graham Number275.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.35% | ||
| ROE | 71.38% | ||
| ROCE | 38.19% | ||
| ROIC | 22% | ||
| ROICexc | 23.21% | ||
| ROICexgc | 25.04% | ||
| OM | 62.79% | ||
| PM (TTM) | 53.72% | ||
| GM | N/A | ||
| FCFM | 30.54% |
ROA(3y)20.9%
ROA(5y)22.59%
ROE(3y)43.22%
ROE(5y)43.1%
ROIC(3y)23.48%
ROIC(5y)25.07%
ROICexc(3y)26.5%
ROICexc(5y)31.23%
ROICexgc(3y)27.05%
ROICexgc(5y)31.95%
ROCE(3y)31.23%
ROCE(5y)32.03%
ROICexgc growth 3Y-18.47%
ROICexgc growth 5Y-7.28%
ROICexc growth 3Y-18.49%
ROICexc growth 5Y-7.16%
OM growth 3Y0.46%
OM growth 5Y-0.09%
PM growth 3Y-0.38%
PM growth 5Y-0.8%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.46 | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 137.2% | ||
| Cap/Sales | 3.87% | ||
| Interest Coverage | 45.31 | ||
| Cash Conversion | 52.45% | ||
| Profit Quality | 56.86% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 5.6 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)257.94%
Cap/Depr(5y)199.17%
Cap/Sales(3y)5.91%
Cap/Sales(5y)4.43%
Profit Quality(3y)73.38%
Profit Quality(5y)80.77%
High Growth Momentum
Growth
EPS 1Y (TTM)24.93%
EPS 3Y-7.89%
EPS 5Y5.06%
EPS Q2Q%14.31%
EPS Next Y12.51%
EPS Next 2Y12.39%
EPS Next 3Y13.79%
EPS Next 5Y9.9%
Revenue 1Y (TTM)27.51%
Revenue growth 3Y-7.98%
Revenue growth 5Y5.46%
Sales Q2Q%23.32%
Revenue Next Year17.89%
Revenue Next 2Y14.69%
Revenue Next 3Y15.34%
Revenue Next 5Y10.54%
EBIT growth 1Y21.33%
EBIT growth 3Y-7.55%
EBIT growth 5Y5.37%
EBIT Next Year18.71%
EBIT Next 3Y16.08%
EBIT Next 5Y10.8%
FCF growth 1Y-36.25%
FCF growth 3Y7.09%
FCF growth 5Y-0.8%
OCF growth 1Y-33.86%
OCF growth 3Y9.99%
OCF growth 5Y-0.57%
PARTNERS GROUP HOLDING AG / P2H.DE FAQ
What is the fundamental rating for P2H stock?
ChartMill assigns a fundamental rating of 6 / 10 to P2H.DE.
What is the valuation status of PARTNERS GROUP HOLDING AG (P2H.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to PARTNERS GROUP HOLDING AG (P2H.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for PARTNERS GROUP HOLDING AG?
PARTNERS GROUP HOLDING AG (P2H.DE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of PARTNERS GROUP HOLDING AG (P2H.DE) stock?
The Price/Earnings (PE) ratio for PARTNERS GROUP HOLDING AG (P2H.DE) is 21.75 and the Price/Book (PB) ratio is 15.87.
How sustainable is the dividend of PARTNERS GROUP HOLDING AG (P2H.DE) stock?
The dividend rating of PARTNERS GROUP HOLDING AG (P2H.DE) is 6 / 10 and the dividend payout ratio is 91.15%.