PERNOD RICARD SA (PER.DE) Stock Fundamental Analysis
FRA:PER - Deutsche Boerse Ag - FR0000120693 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to PER. PER was compared to 27 industry peers in the Beverages industry. There are concerns on the financial health of PER while its profitability can be described as average. PER does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year PER was profitable.
PER had a positive operating cash flow in the past year.
Each year in the past 5 years PER has been profitable.
PER had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PER has a Return On Assets of 2.76%. This is comparable to the rest of the industry: PER outperforms 48.15% 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 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PER 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
With a decent Profit Margin value of 9.81%, PER is doing good in the industry, outperforming 70.37% of the companies in the same industry.
PER's Profit Margin has declined in the last couple of years.
The Operating Margin of PER (26.27%) is better than 85.19% of its industry peers.
In the last couple of years the Operating Margin of PER has remained more or less at the same level.
The Gross Margin of PER (59.61%) is better than 77.78% of its industry peers.
PER's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PER is still 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 1.79. This is a bad value and indicates that PER is not financially healthy and even has some risk of bankruptcy.
PER's Altman-Z score of 1.79 is on the low side compared to the rest of the industry. PER is outperformed by 74.07% 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 59.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 12.8 | ||
| Altman-Z | 1.79 |
ROIC/WACC1.06
WACC5.85%
2.3 Liquidity
PER has a Current Ratio of 1.97. This is a normal value and indicates that PER is financially healthy and should not expect problems in meeting its short term obligations.
PER has a better Current ratio (1.97) than 74.07% of its industry peers.
A Quick Ratio of 0.70 indicates that PER may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.70, PER is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
PER shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.69%.
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%.
The Revenue has been growing slightly by 4.78% on average over the past years.
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
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 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 21.33, which indicates a rather expensive current valuation of PER.
Compared to the rest of the industry, the Price/Earnings ratio of PER is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PER to the average of the S&P500 Index (25.91), we can say PER is valued inline with the index average.
PER is valuated correctly with a Price/Forward Earnings ratio of 12.75.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PER indicates a somewhat cheap valuation: PER is cheaper than 77.78% of the companies listed in the same industry.
PER is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.33 | ||
| Fwd PE | 12.75 |
4.2 Price Multiples
PER's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PER is cheaper than 62.96% of the companies in the same industry.
PER's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.54 | ||
| EV/EBITDA | 10.21 |
4.3 Compensation for Growth
A cheap valuation may be justified as PER's earnings are expected to decrease with -2.25% in the coming years.
PEG (NY)N/A
PEG (5Y)17.13
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.
PER's Dividend Yield is rather good when compared to the industry average which is at 2.78. PER pays more dividend than 92.59% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, PER pays a better dividend.
| 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 (5/26/2025, 7:00:00 PM)
93
+1.6 (+1.75%)
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 Cap23.46B
Analysts73.33
Price Target114.13 (22.72%)
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 | 21.33 | ||
| Fwd PE | 12.75 | ||
| P/S | 2.1 | ||
| P/FCF | 21.54 | ||
| P/OCF | 12.76 | ||
| P/B | 1.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.21 |
EPS(TTM)4.36
EY4.69%
EPS(NY)7.29
Fwd EY7.84%
FCF(TTM)4.32
FCFY4.64%
OCF(TTM)7.29
OCFY7.84%
SpS44.33
BVpS65.58
TBVpS-11.05
PEG (NY)N/A
PEG (5Y)17.13
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 | 1.79 |
F-Score5
WACC5.85%
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%