SONOVA HOLDING AG-REG (PHBN.DE) Stock Fundamental Analysis
Europe - FRA:PHBN - CH0012549785 - Common Stock
209.9 EUR
-6.9 (-3.18%)
PHBN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Health Care Equipment & Supplies industry. PHBN scores excellent on profitability, but there are some minor concerns on its financial health. PHBN has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years PHBN has been profitable.
Each year in the past 5 years PHBN had a positive operating cash flow.
1.2 Ratios
PHBN's Return On Assets of 9.12% is amongst the best of the industry. PHBN outperforms 85.00% of its industry peers.
PHBN's Return On Equity of 20.28% is amongst the best of the industry. PHBN outperforms 88.33% of its industry peers.
PHBN's Return On Invested Capital of 11.94% is amongst the best of the industry. PHBN outperforms 88.33% of its industry peers.
PHBN had an Average Return On Invested Capital over the past 3 years of 11.68%. This is above the industry average of 8.99%.
The 3 year average ROIC (11.68%) for PHBN is below the current ROIC(11.94%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 20.28% | ||
| ROIC | 11.94% |
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
The Profit Margin of PHBN (13.98%) is better than 81.67% of its industry peers.
PHBN's Profit Margin has declined in the last couple of years.
The Operating Margin of PHBN (19.41%) is better than 83.33% of its industry peers.
PHBN's Operating Margin has improved in the last couple of years.
PHBN has a better Gross Margin (72.43%) than 85.00% 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 | 19.41% | ||
| PM (TTM) | 13.98% | ||
| GM | 72.43% |
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.
Compared to 1 year ago, PHBN has about the same amount of shares outstanding.
The number of shares outstanding for PHBN has been reduced compared to 5 years ago.
The debt/assets ratio for PHBN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.07 indicates that PHBN is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.07, PHBN is doing good in the industry, outperforming 75.00% of the companies in the same industry.
The Debt to FCF ratio of PHBN is 2.22, which is a good value as it means it would take PHBN, 2.22 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.22, PHBN is doing good in the industry, outperforming 76.67% of the companies in the same industry.
A Debt/Equity ratio of 0.52 indicates that PHBN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.52, PHBN is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
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 | 0.52 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 4.07 |
ROIC/WACC2.67
WACC4.47%
2.3 Liquidity
PHBN has a Current Ratio of 1.27. This is a normal value and indicates that PHBN is financially healthy and should not expect problems in meeting its short term obligations.
PHBN's Current ratio of 1.27 is on the low side compared to the rest of the industry. PHBN is outperformed by 63.33% of its industry peers.
A Quick Ratio of 0.96 indicates that PHBN may have some problems paying its short term obligations.
PHBN has a Quick ratio of 0.96. This is in the lower half of the industry: PHBN underperforms 61.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The earnings per share for PHBN have decreased by -9.95% in the last year.
The Earnings Per Share has been growing slightly by 3.64% on average over the past years.
Looking at the last year, PHBN shows a small growth in Revenue. The Revenue has grown by 6.58% 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)-9.95%
EPS 3Y-4.38%
EPS 5Y3.64%
EPS Q2Q%-6.88%
Revenue 1Y (TTM)6.58%
Revenue growth 3Y4.74%
Revenue growth 5Y5.79%
Sales Q2Q%8.45%
3.2 Future
PHBN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.56% yearly.
The Revenue is expected to grow by 5.64% on average over the next years.
EPS Next Y14.68%
EPS Next 2Y13.33%
EPS Next 3Y12.75%
EPS Next 5Y12.56%
Revenue Next Year2.03%
Revenue Next 2Y3.9%
Revenue Next 3Y4.79%
Revenue Next 5Y5.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
PHBN is valuated rather expensively with a Price/Earnings ratio of 21.42.
75.00% of the companies in the same industry are more expensive than PHBN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.46. PHBN is around the same levels.
With a Price/Forward Earnings ratio of 18.67, PHBN is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PHBN is valued a bit cheaper than 61.67% of the companies in the same industry.
PHBN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.42 | ||
| Fwd PE | 18.67 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than PHBN, based on the Enterprise Value to EBITDA ratio.
80.00% of the companies in the same industry are more expensive than PHBN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.61 | ||
| EV/EBITDA | 12.32 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PHBN has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PHBN's earnings are expected to grow with 12.75% in the coming years.
PEG (NY)1.46
PEG (5Y)5.89
EPS Next 2Y13.33%
EPS Next 3Y12.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.02%, PHBN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.11, PHBN pays a bit more dividend than its industry peers.
PHBN's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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
47.40% 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.
DP47.4%
EPS Next 2Y13.33%
EPS Next 3Y12.75%
FRA:PHBN (11/18/2025, 7:00:00 PM)
209.9
-6.9 (-3.18%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners47.88%
Inst Owner ChangeN/A
Ins Owners11.45%
Ins Owner ChangeN/A
Market Cap12.52B
Revenue(TTM)3.87B
Net Income(TTM)540.50M
Analysts53.08
Price Target279.74 (33.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend4.68
Dividend Growth(5Y)7.88%
DP47.4%
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)-5.41%
PT rev (3m)-4.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.49%
EPS NY rev (3m)-11.83%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.16%
Revenue NY rev (3m)-2.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.42 | ||
| Fwd PE | 18.67 | ||
| P/S | 2.99 | ||
| P/FCF | 17.61 | ||
| P/OCF | 14.56 | ||
| P/B | 4.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.32 |
EPS(TTM)9.8
EY4.67%
EPS(NY)11.24
Fwd EY5.36%
FCF(TTM)11.92
FCFY5.68%
OCF(TTM)14.42
OCFY6.87%
SpS70.21
BVpS48.4
TBVpS-5.81
PEG (NY)1.46
PEG (5Y)5.89
Graham Number103.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 20.28% | ||
| ROCE | 16.95% | ||
| ROIC | 11.94% | ||
| ROICexc | 14.18% | ||
| ROICexgc | 71.32% | ||
| OM | 19.41% | ||
| PM (TTM) | 13.98% | ||
| GM | 72.43% | ||
| FCFM | 16.97% |
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 Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 55.37% | ||
| Cap/Sales | 3.56% | ||
| Interest Coverage | 28.96 | ||
| Cash Conversion | 79.48% | ||
| Profit Quality | 121.39% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 4.07 |
F-Score7
WACC4.47%
ROIC/WACC2.67
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)-9.95%
EPS 3Y-4.38%
EPS 5Y3.64%
EPS Q2Q%-6.88%
EPS Next Y14.68%
EPS Next 2Y13.33%
EPS Next 3Y12.75%
EPS Next 5Y12.56%
Revenue 1Y (TTM)6.58%
Revenue growth 3Y4.74%
Revenue growth 5Y5.79%
Sales Q2Q%8.45%
Revenue Next Year2.03%
Revenue Next 2Y3.9%
Revenue Next 3Y4.79%
Revenue Next 5Y5.64%
EBIT growth 1Y6.05%
EBIT growth 3Y-1.35%
EBIT growth 5Y8.03%
EBIT Next Year39.07%
EBIT Next 3Y16.23%
EBIT Next 5Y12.85%
FCF growth 1Y5.03%
FCF growth 3Y-7.7%
FCF growth 5Y-1.69%
OCF growth 1Y5.36%
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.
What is the valuation status of SONOVA HOLDING AG-REG (PHBN.DE) stock?
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 9 / 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 21.42 and the Price/Book (PB) ratio is 4.34.
Can you provide the financial health for PHBN stock?
The financial health rating of SONOVA HOLDING AG-REG (PHBN.DE) is 5 / 10.