PARTNERS GROUP HOLDING AG (P2H.DE) Stock Fundamental Analysis
Europe - FRA:P2H - CH0024608827 - Common Stock
1080 EUR
+1.5 (+0.14%)
Taking everything into account, P2H scores 6 out of 10 in our fundamental rating. P2H was compared to 113 industry peers in the Capital Markets industry. While P2H has a great profitability rating, there are some minor concerns on its financial health. P2H is not priced too expensively while it is growing strongly. Keep and eye on this one! 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.
P2H had a positive operating cash flow in the past year.
P2H had positive earnings in each of the past 5 years.
In the past 5 years P2H always reported a positive cash flow from operatings.
1.2 Ratios
P2H has a better Return On Assets (19.35%) than 95.58% of its industry peers.
With an excellent Return On Equity value of 71.38%, P2H belongs to the best 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 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
P2H's Profit Margin of 53.72% is amongst the best of the industry. P2H outperforms 91.15% of its industry peers.
P2H's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 62.79%, P2H belongs to the top of the industry, outperforming 92.04% of the companies in the same industry.
P2H's Operating Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for P2H has been reduced compared to 5 years ago.
The debt/assets ratio for P2H is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.61 indicates that P2H is not in any danger for bankruptcy at the moment.
P2H's Altman-Z score of 5.61 is amongst the best of the industry. P2H outperforms 86.73% 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.
With a decent Debt to FCF ratio value of 4.46, P2H is doing good in the industry, outperforming 74.34% of the companies in the same industry.
P2H has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
P2H has a Debt to Equity ratio of 1.80. This is comparable to the rest of the industry: P2H outperforms 43.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.46 | ||
| Altman-Z | 5.61 |
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's Current ratio of 1.50 is fine compared to the rest of the industry. P2H outperforms 76.99% of its industry peers.
P2H has a Quick 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.
The Quick ratio of P2H (1.50) is better than 78.76% 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.
The Earnings Per Share has been growing slightly by 5.06% on average over the past years.
Looking at the last year, P2H shows a very strong growth in Revenue. The Revenue has grown by 27.51%.
P2H shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.46% yearly.
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.
The Revenue is expected to grow by 10.54% on average over the next years. This is quite good.
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
A Price/Earnings ratio of 21.82 indicates a rather expensive valuation of P2H.
Based on the Price/Earnings ratio, P2H is valued a bit cheaper than the industry average as 60.18% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.83. P2H is around the same levels.
P2H is valuated rather expensively with a Price/Forward Earnings ratio of 18.39.
P2H's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. P2H is cheaper than 68.14% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, P2H is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.82 | ||
| Fwd PE | 18.39 |
4.2 Price Multiples
P2H's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. P2H is cheaper than 74.34% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of P2H indicates a somewhat cheap valuation: P2H is cheaper than 63.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.22 | ||
| EV/EBITDA | 19.06 |
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)1.74
PEG (5Y)4.31
EPS Next 2Y12.39%
EPS Next 3Y13.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.29%, P2H is a good candidate for dividend investing.
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 2.30.
| 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
P2H pays out 91.15% of its income as dividend. 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 (10/27/2025, 7:00:00 PM)
1080
+1.5 (+0.14%)
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 Cap28.84B
Revenue(TTM)2.23B
Net Income(TTM)1.20B
Analysts71.43
Price Target1292.47 (19.67%)
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 | 21.82 | ||
| Fwd PE | 18.39 | ||
| P/S | 11.98 | ||
| P/FCF | 39.22 | ||
| P/OCF | 34.81 | ||
| P/B | 15.92 | ||
| P/tB | 20.35 | ||
| EV/EBITDA | 19.06 |
EPS(TTM)49.49
EY4.58%
EPS(NY)58.74
Fwd EY5.44%
FCF(TTM)27.54
FCFY2.55%
OCF(TTM)31.03
OCFY2.87%
SpS90.16
BVpS67.85
TBVpS53.06
PEG (NY)1.74
PEG (5Y)4.31
Graham Number274.87
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 | 5.61 |
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 5 / 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 21.82 and the Price/Book (PB) ratio is 15.92.
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%.