PERNOD RICARD SA (PER.DE) Stock Fundamental Analysis
FRA:PER - Deutsche Boerse Ag - FR0000120693 - Common Stock - Currency: EUR
PER gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 27 industry peers in the Beverages industry. While PER is still in line with the averages on profitability rating, there are concerns on its financial health. PER has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
PER had positive earnings in the past year.
PER had a positive operating cash flow in the past year.
Each year in the past 5 years PER has been profitable.
In the past 5 years PER always reported a positive cash flow from operatings.
1.2 Ratios
PER's Return On Assets of 2.76% is in line compared to the rest of the industry. PER outperforms 44.44% of its industry peers.
The Return On Equity of PER (6.63%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 6.20%, PER is doing worse than 70.37% of the companies in the same industry.
PER had an Average Return On Invested Capital over the past 3 years of 7.26%. This is in line with the industry average of 8.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.76% | ||
| ROE | 6.63% | ||
| ROIC | 6.2% |
ROA(3y)5.1%
ROA(5y)4.08%
ROE(3y)12.09%
ROE(5y)9.49%
ROIC(3y)7.26%
ROIC(5y)6.76%
1.3 Margins
Looking at the Profit Margin, with a value of 9.81%, PER is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of PER has declined.
The Operating Margin of PER (26.27%) is better than 81.48% of its industry peers.
PER's Operating Margin has been stable in the last couple of years.
PER has a better Gross Margin (59.61%) than 74.07% of its industry peers.
In the last couple of years the Gross Margin of PER has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.27% | ||
| PM (TTM) | 9.81% | ||
| GM | 59.61% |
OM growth 3Y-0.44%
OM growth 5Y-0.69%
PM growth 3Y-4.88%
PM growth 5Y-4.29%
GM growth 3Y0.09%
GM growth 5Y-0.45%
2. Health
2.1 Basic Checks
PER has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PER has been reduced compared to 1 year ago.
The number of shares outstanding for PER has been reduced compared to 5 years ago.
PER has a worse debt/assets ratio than last year.
2.2 Solvency
PER has an Altman-Z score of 1.78. This is a bad value and indicates that PER is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PER (1.78) is worse than 70.37% of its industry peers.
PER has a debt to FCF ratio of 12.80. This is a negative value and a sign of low solvency as PER would need 12.80 years to pay back of all of its debts.
The Debt to FCF ratio of PER (12.80) is comparable to the rest of the industry.
PER has a Debt/Equity ratio of 0.76. This is a neutral value indicating PER is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.76, PER is in line with its industry, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 12.8 | ||
| Altman-Z | 1.78 |
ROIC/WACC1.06
WACC5.84%
2.3 Liquidity
A Current Ratio of 1.97 indicates that PER should not have too much problems paying its short term obligations.
PER has a Current ratio of 1.97. This is in the better half of the industry: PER outperforms 70.37% of its industry peers.
PER has a Quick Ratio of 1.97. This is a bad value and indicates that PER is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PER (0.70) is better than 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for PER have decreased strongly by -45.69% in the last year.
The Earnings Per Share has been growing slightly by 1.24% on average over the past years.
PER shows a decrease in Revenue. In the last year, the revenue decreased by -3.68%.
Measured over the past years, PER shows a small growth in Revenue. The Revenue has been growing by 4.78% on average per year.
EPS 1Y (TTM)-45.69%
EPS 3Y5.32%
EPS 5Y1.24%
EPS Q2Q%-11.27%
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y9.54%
Revenue growth 5Y4.78%
Sales Q2Q%-6.28%
3.2 Future
Based on estimates for the next years, PER will show a small growth in Earnings Per Share. The EPS will grow by 2.69% on average per year.
Based on estimates for the next years, PER will show a small growth in Revenue. The Revenue will grow by 1.49% on average per year.
EPS Next Y-11.31%
EPS Next 2Y-5.91%
EPS Next 3Y-2.25%
EPS Next 5Y2.69%
Revenue Next Year-5.57%
Revenue Next 2Y-4.01%
Revenue Next 3Y-1.65%
Revenue Next 5Y1.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.11, which indicates a rather expensive current valuation of PER.
PER's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.19. PER is around the same levels.
A Price/Forward Earnings ratio of 12.62 indicates a correct valuation of PER.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PER indicates a somewhat cheap valuation: PER is cheaper than 74.07% of the companies listed in the same industry.
PER is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 12.62 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PER is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as PER.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.32 | ||
| EV/EBITDA | 10.14 |
4.3 Compensation for Growth
PER's earnings are expected to decrease with -2.25% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)16.96
EPS Next 2Y-5.91%
EPS Next 3Y-2.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.94%, PER is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.78, PER pays a better dividend. On top of this PER pays more dividend than 96.30% of the companies listed in the same industry.
PER's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
5.2 History
The dividend of PER is nicely growing with an annual growth rate of 14.30%!
Dividend Growth(5Y)14.3%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
PER pays out 109.66% of its income as dividend. This is not a sustainable payout ratio.
PER's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP109.66%
EPS Next 2Y-5.91%
EPS Next 3Y-2.25%
FRA:PER (5/28/2025, 7:00:00 PM)
92.04
-0.86 (-0.93%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners52.44%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap23.22B
Analysts73.33
Price Target114.13 (24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
Yearly Dividend4.77
Dividend Growth(5Y)14.3%
DP109.66%
Div Incr Years3
Div Non Decr Years4
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)-7.39%
PT rev (3m)-9.16%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.43%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 12.62 | ||
| P/S | 2.08 | ||
| P/FCF | 21.32 | ||
| P/OCF | 12.63 | ||
| P/B | 1.4 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.14 |
EPS(TTM)4.36
EY4.74%
EPS(NY)7.29
Fwd EY7.92%
FCF(TTM)4.32
FCFY4.69%
OCF(TTM)7.29
OCFY7.92%
SpS44.33
BVpS65.58
TBVpS-11.05
PEG (NY)N/A
PEG (5Y)16.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.76% | ||
| ROE | 6.63% | ||
| ROCE | 8.86% | ||
| ROIC | 6.2% | ||
| ROICexc | 6.57% | ||
| ROICexgc | 16.35% | ||
| OM | 26.27% | ||
| PM (TTM) | 9.81% | ||
| GM | 59.61% | ||
| FCFM | 9.74% |
ROA(3y)5.1%
ROA(5y)4.08%
ROE(3y)12.09%
ROE(5y)9.49%
ROIC(3y)7.26%
ROIC(5y)6.76%
ROICexc(3y)7.83%
ROICexc(5y)7.29%
ROICexgc(3y)21.73%
ROICexgc(5y)20.26%
ROCE(3y)10.2%
ROCE(5y)9.46%
ROICexcg growth 3Y5.76%
ROICexcg growth 5Y-0.66%
ROICexc growth 3Y4.26%
ROICexc growth 5Y0.96%
OM growth 3Y-0.44%
OM growth 5Y-0.69%
PM growth 3Y-4.88%
PM growth 5Y-4.29%
GM growth 3Y0.09%
GM growth 5Y-0.45%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 12.8 | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | 172.41% | ||
| Cap/Sales | 6.71% | ||
| Interest Coverage | 6.43 | ||
| Cash Conversion | 54.52% | ||
| Profit Quality | 99.27% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.78 |
F-Score5
WACC5.84%
ROIC/WACC1.06
Cap/Depr(3y)158.81%
Cap/Depr(5y)139.74%
Cap/Sales(3y)5.73%
Cap/Sales(5y)5.28%
Profit Quality(3y)71%
Profit Quality(5y)116.07%
High Growth Momentum
Growth
EPS 1Y (TTM)-45.69%
EPS 3Y5.32%
EPS 5Y1.24%
EPS Q2Q%-11.27%
EPS Next Y-11.31%
EPS Next 2Y-5.91%
EPS Next 3Y-2.25%
EPS Next 5Y2.69%
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y9.54%
Revenue growth 5Y4.78%
Sales Q2Q%-6.28%
Revenue Next Year-5.57%
Revenue Next 2Y-4.01%
Revenue Next 3Y-1.65%
Revenue Next 5Y1.49%
EBIT growth 1Y-3.32%
EBIT growth 3Y9.06%
EBIT growth 5Y4.06%
EBIT Next Year6.37%
EBIT Next 3Y2.31%
EBIT Next 5Y3.79%
FCF growth 1Y-18.85%
FCF growth 3Y-15.21%
FCF growth 5Y-6.43%
OCF growth 1Y-5.16%
OCF growth 3Y-4.74%
OCF growth 5Y0.1%