PARTNERS GROUP HOLDING AG (P2H.DE) Stock Fundamental Analysis
Europe - FRA:P2H - CH0024608827 - Common Stock
1061 EUR
-5.5 (-0.52%)
We assign a fundamental rating of 6 out of 10 to P2H. P2H was compared to 112 industry peers in the Capital Markets industry. P2H has an excellent profitability rating, but there are some minor concerns on its financial health. P2H is growing strongly while it is still valued neutral. This is a good combination! These ratings could make P2H a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
P2H had positive earnings in the past year.
In the past year P2H had a positive cash flow from operations.
In the past 5 years P2H has always been profitable.
In the past 5 years P2H always reported a positive cash flow from operatings.
1.2 Ratios
P2H's Return On Assets of 19.35% is amongst the best of the industry. P2H outperforms 96.43% 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.
P2H's Return On Invested Capital of 22.00% is amongst the best of the industry. P2H outperforms 97.32% of its industry peers.
The Average Return On Invested Capital over the past 3 years for P2H is significantly above the industry average of 8.50%.
| 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
Looking at the Profit Margin, with a value of 53.72%, P2H belongs to the top of the industry, outperforming 91.07% of the companies in the same industry.
In the last couple of years the Profit Margin of P2H has remained more or less at the same level.
P2H has a better Operating Margin (62.79%) than 91.96% 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
Compared to 1 year ago, P2H has less shares outstanding
Compared to 5 years ago, P2H has less shares outstanding
The debt/assets ratio for P2H is higher compared to a year ago.
2.2 Solvency
P2H has an Altman-Z score of 5.56. This indicates that P2H is financially healthy and has little risk of bankruptcy at the moment.
P2H has a better Altman-Z score (5.56) than 88.39% 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's Debt to FCF ratio of 4.46 is fine compared to the rest of the industry. P2H outperforms 75.89% 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.
P2H has a Debt to Equity ratio (1.80) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.46 | ||
| Altman-Z | 5.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
P2H has a Current Ratio of 1.50. This is a normal value and indicates that P2H is financially healthy and should not expect problems in meeting its short term obligations.
P2H has a better Current ratio (1.50) than 77.68% 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 79.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.93% over the past year.
Measured over the past 5 years, P2H shows a small growth in Earnings Per Share. The EPS has been growing by 5.06% on average per year.
Looking at the last year, P2H shows a very strong growth in Revenue. The Revenue has grown by 27.51%.
Measured over the past years, P2H shows a small growth in Revenue. The Revenue has been growing by 5.46% on average per year.
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
The Earnings Per Share is expected to grow by 9.90% on average over the next years. This is quite good.
Based on estimates for the next years, P2H will show a quite strong growth in Revenue. The Revenue will grow by 10.54% on average per year.
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.
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
P2H is valuated rather expensively with a Price/Earnings ratio of 21.49.
P2H's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of P2H to the average of the S&P500 Index (26.11), we can say P2H is valued inline with the index average.
The Price/Forward Earnings ratio is 18.11, which indicates a rather expensive current valuation of P2H.
P2H's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. P2H is cheaper than 67.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, P2H is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.49 | ||
| Fwd PE | 18.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, P2H is valued a bit cheaper than 74.11% of the companies in the same industry.
65.18% 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 | 38.63 | ||
| EV/EBITDA | 18.78 |
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.
P2H's earnings are expected to grow with 13.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.72
PEG (5Y)4.25
EPS Next 2Y12.39%
EPS Next 3Y13.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.25%, P2H is a good candidate for dividend investing.
P2H's Dividend Yield is a higher than the industry average which is at 5.73.
Compared to an average S&P500 Dividend Yield of 2.37, P2H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.25% |
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.
P2H's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP91.15%
EPS Next 2Y12.39%
EPS Next 3Y13.79%
FRA:P2H (10/31/2025, 7:00:00 PM)
1061
-5.5 (-0.52%)
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 Cap28.33B
Revenue(TTM)2.23B
Net Income(TTM)1.20B
Analysts71.43
Price Target1352.38 (27.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.25% |
Yearly Dividend42.25
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)4.64%
PT rev (3m)3.43%
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)0%
Revenue NY rev (3m)6.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.49 | ||
| Fwd PE | 18.11 | ||
| P/S | 11.8 | ||
| P/FCF | 38.63 | ||
| P/OCF | 34.28 | ||
| P/B | 15.68 | ||
| P/tB | 20.04 | ||
| EV/EBITDA | 18.78 |
EPS(TTM)49.37
EY4.65%
EPS(NY)58.6
Fwd EY5.52%
FCF(TTM)27.47
FCFY2.59%
OCF(TTM)30.95
OCFY2.92%
SpS89.94
BVpS67.68
TBVpS52.93
PEG (NY)1.72
PEG (5Y)4.25
Graham Number274.2
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 | 5.56 |
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 21.49 and the Price/Book (PB) ratio is 15.68.
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%.