SONOVA HOLDING AG-REG (PHBN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PHBN - CH0012549785 - Common Stock
228.1 EUR
+1.6 (+0.71%)
PHBN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 68 industry peers in the Health Care Equipment & Supplies industry. PHBN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PHBN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PHBN had positive earnings in the past year.
In the past year PHBN had a positive cash flow from operations.
PHBN had positive earnings in each of the past 5 years.
In the past 5 years PHBN always reported a positive cash flow from operatings.
1.2 Ratios
PHBN has a better Return On Assets (9.45%) than 85.29% of its industry peers.
PHBN has a better Return On Equity (21.44%) than 89.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.52%, PHBN belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PHBN is in line with the industry average of 9.73%.
The 3 year average ROIC (11.68%) for PHBN is below the current ROIC(12.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.45% | ||
| ROE | 21.44% | ||
| ROIC | 12.52% |
ROA(3y)10.39%
ROA(5y)10.52%
ROE(3y)24.63%
ROE(5y)24.39%
ROIC(3y)11.68%
ROIC(5y)11.31%
1.3 Margins
Looking at the Profit Margin, with a value of 13.53%, PHBN is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
PHBN's Profit Margin has declined in the last couple of years.
The Operating Margin of PHBN (19.28%) is better than 79.41% of its industry peers.
PHBN's Operating Margin has improved in the last couple of years.
The Gross Margin of PHBN (71.66%) is better than 86.76% of its industry peers.
In the last couple of years the Gross Margin of PHBN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.28% | ||
| PM (TTM) | 13.53% | ||
| GM | 71.66% |
OM growth 3Y-5.82%
OM growth 5Y2.12%
PM growth 3Y-10.17%
PM growth 5Y-3.33%
GM growth 3Y-0.36%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PHBN is creating value.
PHBN has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, PHBN has less shares outstanding
The debt/assets ratio for PHBN has been reduced compared to a year ago.
2.2 Solvency
PHBN has an Altman-Z score of 4.51. This indicates that PHBN is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.51, PHBN belongs to the best of the industry, outperforming 80.88% of the companies in the same industry.
PHBN has a debt to FCF ratio of 2.11. This is a good value and a sign of high solvency as PHBN would need 2.11 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.11, PHBN is doing good in the industry, outperforming 77.94% of the companies in the same industry.
A Debt/Equity ratio of 0.58 indicates that PHBN is somewhat dependend on debt financing.
PHBN's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. PHBN is outperformed by 60.29% of its industry peers.
Although PHBN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | 4.51 |
ROIC/WACC2.78
WACC4.51%
2.3 Liquidity
A Current Ratio of 1.24 indicates that PHBN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.24, PHBN is not doing good in the industry: 66.18% of the companies in the same industry are doing better.
PHBN has a Quick Ratio of 1.24. This is a bad value and indicates that PHBN is not financially healthy enough and could expect problems in meeting its short term obligations.
PHBN has a worse Quick ratio (0.91) than 61.76% of its industry peers.
PHBN does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The earnings per share for PHBN have decreased by -7.93% in the last year.
PHBN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.64% yearly.
Looking at the last year, PHBN shows a small growth in Revenue. The Revenue has grown by 3.79% in the last year.
PHBN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.79% yearly.
EPS 1Y (TTM)-7.93%
EPS 3Y-4.38%
EPS 5Y3.64%
EPS Q2Q%-9.71%
Revenue 1Y (TTM)3.79%
Revenue growth 3Y4.74%
Revenue growth 5Y5.79%
Sales Q2Q%-0.97%
3.2 Future
The Earnings Per Share is expected to grow by 12.43% on average over the next years. This is quite good.
PHBN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.95% yearly.
EPS Next Y11.5%
EPS Next 2Y11.39%
EPS Next 3Y10.98%
EPS Next 5Y12.43%
Revenue Next Year1.7%
Revenue Next 2Y3.41%
Revenue Next 3Y4.16%
Revenue Next 5Y4.95%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.40, the valuation of PHBN can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PHBN indicates a somewhat cheap valuation: PHBN is cheaper than 72.06% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PHBN to the average of the S&P500 Index (27.30), we can say PHBN is valued inline with the index average.
A Price/Forward Earnings ratio of 18.92 indicates a rather expensive valuation of PHBN.
Based on the Price/Forward Earnings ratio, PHBN is valued a bit cheaper than 66.18% of the companies in the same industry.
PHBN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 18.92 |
4.2 Price Multiples
PHBN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PHBN is cheaper than 67.65% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHBN indicates a rather cheap valuation: PHBN is cheaper than 85.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.01 | ||
| EV/EBITDA | 13.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PHBN does not grow enough to justify the current Price/Earnings ratio.
PHBN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.12
PEG (5Y)6.71
EPS Next 2Y11.39%
EPS Next 3Y10.98%
5. Dividend
5.1 Amount
PHBN has a Yearly Dividend Yield of 2.08%.
Compared to an average industry Dividend Yield of 1.13, PHBN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, PHBN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
On average, the dividend of PHBN grows each year by 7.88%, which is quite nice.
Dividend Growth(5Y)7.88%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
50.40% of the earnings are spent on dividend by PHBN. This is a bit on the high side, but may be sustainable.
PHBN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.4%
EPS Next 2Y11.39%
EPS Next 3Y10.98%
FRA:PHBN (1/12/2026, 7:00:00 PM)
228.1
+1.6 (+0.71%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners43%
Inst Owner ChangeN/A
Ins Owners11.45%
Ins Owner ChangeN/A
Market Cap13.60B
Revenue(TTM)3.85B
Net Income(TTM)520.40M
Analysts53.33
Price Target278.88 (22.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly Dividend4.61
Dividend Growth(5Y)7.88%
DP50.4%
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)-5.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.7%
EPS NY rev (3m)-6.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 18.92 | ||
| P/S | 3.29 | ||
| P/FCF | 18.01 | ||
| P/OCF | 15.45 | ||
| P/B | 5.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.81 |
EPS(TTM)9.35
EY4.1%
EPS(NY)12.06
Fwd EY5.29%
FCF(TTM)12.67
FCFY5.55%
OCF(TTM)14.76
OCFY6.47%
SpS69.28
BVpS43.71
TBVpS-7.17
PEG (NY)2.12
PEG (5Y)6.71
Graham Number95.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.45% | ||
| ROE | 21.44% | ||
| ROCE | 17.78% | ||
| ROIC | 12.52% | ||
| ROICexc | 14.26% | ||
| ROICexgc | 62.47% | ||
| OM | 19.28% | ||
| PM (TTM) | 13.53% | ||
| GM | 71.66% | ||
| FCFM | 18.28% |
ROA(3y)10.39%
ROA(5y)10.52%
ROE(3y)24.63%
ROE(5y)24.39%
ROIC(3y)11.68%
ROIC(5y)11.31%
ROICexc(3y)13.28%
ROICexc(5y)13.73%
ROICexgc(3y)57.29%
ROICexgc(5y)71.13%
ROCE(3y)16.59%
ROCE(5y)16.07%
ROICexgc growth 3Y-12.61%
ROICexgc growth 5Y7.75%
ROICexc growth 3Y-3.74%
ROICexc growth 5Y4.49%
OM growth 3Y-5.82%
OM growth 5Y2.12%
PM growth 3Y-10.17%
PM growth 5Y-3.33%
GM growth 3Y-0.36%
GM growth 5Y0.28%
F-Score7
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 47.53% | ||
| Cap/Sales | 3.02% | ||
| Interest Coverage | 29.44 | ||
| Cash Conversion | 83.08% | ||
| Profit Quality | 135.17% | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 4.51 |
F-Score7
WACC4.51%
ROIC/WACC2.78
Cap/Depr(3y)57.33%
Cap/Depr(5y)52.51%
Cap/Sales(3y)3.74%
Cap/Sales(5y)3.57%
Profit Quality(3y)107.52%
Profit Quality(5y)113.47%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.93%
EPS 3Y-4.38%
EPS 5Y3.64%
EPS Q2Q%-9.71%
EPS Next Y11.5%
EPS Next 2Y11.39%
EPS Next 3Y10.98%
EPS Next 5Y12.43%
Revenue 1Y (TTM)3.79%
Revenue growth 3Y4.74%
Revenue growth 5Y5.79%
Sales Q2Q%-0.97%
Revenue Next Year1.7%
Revenue Next 2Y3.41%
Revenue Next 3Y4.16%
Revenue Next 5Y4.95%
EBIT growth 1Y8.89%
EBIT growth 3Y-1.35%
EBIT growth 5Y8.03%
EBIT Next Year32.18%
EBIT Next 3Y15.32%
EBIT Next 5Y11.37%
FCF growth 1Y18.2%
FCF growth 3Y-7.7%
FCF growth 5Y-1.69%
OCF growth 1Y11.71%
OCF growth 3Y-5.52%
OCF growth 5Y-1.21%
SONOVA HOLDING AG-REG / PHBN.DE FAQ
Can you provide the ChartMill fundamental rating for SONOVA HOLDING AG-REG?
ChartMill assigns a fundamental rating of 6 / 10 to PHBN.DE.
Can you provide the valuation status for SONOVA HOLDING AG-REG?
ChartMill assigns a valuation rating of 5 / 10 to SONOVA HOLDING AG-REG (PHBN.DE). This can be considered as Fairly Valued.
What is the profitability of PHBN stock?
SONOVA HOLDING AG-REG (PHBN.DE) has a profitability rating of 8 / 10.
What is the valuation of SONOVA HOLDING AG-REG based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SONOVA HOLDING AG-REG (PHBN.DE) is 24.4 and the Price/Book (PB) ratio is 5.22.
What is the earnings growth outlook for SONOVA HOLDING AG-REG?
The Earnings per Share (EPS) of SONOVA HOLDING AG-REG (PHBN.DE) is expected to grow by 11.5% in the next year.