KONINKLIJKE PHILIPS NV (PHIA.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:PHIA - NL0000009538 - Common Stock
24.41 EUR
+0.01 (+0.04%)
PHIA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 63 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and financial health of PHIA have multiple concerns. PHIA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year PHIA was profitable.
- In the past year PHIA had a positive cash flow from operations.
- In multiple years PHIA reported negative net income over the last 5 years.
- Of the past 5 years PHIA 4 years had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 0.63%, PHIA is not doing good in the industry: 60.32% of the companies in the same industry are doing better.
- With a Return On Equity value of 1.56%, PHIA is not doing good in the industry: 60.32% of the companies in the same industry are doing better.
- With a Return On Invested Capital value of 4.21%, PHIA perfoms like the industry average, outperforming 41.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 1.56% | ||
| ROIC | 4.21% |
ROA(3y)-3.08%
ROA(5y)1.15%
ROE(3y)-7.29%
ROE(5y)2.23%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- PHIA has a Profit Margin of 0.93%. This is in the lower half of the industry: PHIA underperforms 60.32% of its industry peers.
- PHIA has a Operating Margin of 6.10%. This is comparable to the rest of the industry: PHIA outperforms 42.86% of its industry peers.
- PHIA's Operating Margin has declined in the last couple of years.
- The Gross Margin of PHIA (43.49%) is worse than 76.19% of its industry peers.
- PHIA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.1% | ||
| PM (TTM) | 0.93% | ||
| GM | 43.49% |
OM growth 3Y-1.59%
OM growth 5Y-8.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.71%
GM growth 5Y1.08%
2. Health
2.1 Basic Checks
- PHIA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for PHIA has been reduced compared to 1 year ago.
- Compared to 5 years ago, PHIA has more shares outstanding
- PHIA has a worse debt/assets ratio than last year.
2.2 Solvency
- PHIA has an Altman-Z score of 1.98. This is not the best score and indicates that PHIA is in the grey zone with still only limited risk for bankruptcy at the moment.
- PHIA has a worse Altman-Z score (1.98) than 60.32% of its industry peers.
- The Debt to FCF ratio of PHIA is 14.51, which is on the high side as it means it would take PHIA, 14.51 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 14.51, PHIA is in line with its industry, outperforming 41.27% of the companies in the same industry.
- A Debt/Equity ratio of 0.69 indicates that PHIA is somewhat dependend on debt financing.
- The Debt to Equity ratio of PHIA (0.69) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 14.51 | ||
| Altman-Z | 1.98 |
ROIC/WACC0.63
WACC6.67%
2.3 Liquidity
- PHIA has a Current Ratio of 1.32. This is a normal value and indicates that PHIA is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.32, PHIA is in line with its industry, outperforming 42.86% of the companies in the same industry.
- A Quick Ratio of 0.86 indicates that PHIA may have some problems paying its short term obligations.
- PHIA has a worse Quick ratio (0.86) than 63.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 15.15% over the past year.
- Measured over the past years, PHIA shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.17% on average per year.
- The Revenue has decreased by -1.43% in the past year.
- Measured over the past years, PHIA shows a small growth in Revenue. The Revenue has been growing by 1.00% on average per year.
EPS 1Y (TTM)15.15%
EPS 3Y-5.66%
EPS 5Y-7.17%
EPS Q2Q%12.5%
Revenue 1Y (TTM)-1.43%
Revenue growth 3Y1.65%
Revenue growth 5Y1%
Sales Q2Q%-1.71%
3.2 Future
- PHIA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.28% yearly.
- Based on estimates for the next years, PHIA will show a small growth in Revenue. The Revenue will grow by 3.00% on average per year.
EPS Next Y4.94%
EPS Next 2Y4.81%
EPS Next 3Y7.44%
EPS Next 5Y10.28%
Revenue Next Year-2.27%
Revenue Next 2Y0.25%
Revenue Next 3Y1.58%
Revenue Next 5Y3%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 16.49, which indicates a correct valuation of PHIA.
- 95.24% of the companies in the same industry are more expensive than PHIA, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.60. PHIA is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 16.04 indicates a correct valuation of PHIA.
- PHIA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PHIA is cheaper than 76.19% of the companies in the same industry.
- PHIA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.49 | ||
| Fwd PE | 16.04 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PHIA indicates a somewhat cheap valuation: PHIA is cheaper than 71.43% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHIA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.67 | ||
| EV/EBITDA | 12.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.34
PEG (5Y)N/A
EPS Next 2Y4.81%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
- No dividends for PHIA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
KONINKLIJKE PHILIPS NV / PHIA.AS FAQ
Can you provide the ChartMill fundamental rating for KONINKLIJKE PHILIPS NV?
ChartMill assigns a fundamental rating of 3 / 10 to PHIA.AS.
What is the valuation status of KONINKLIJKE PHILIPS NV (PHIA.AS) stock?
ChartMill assigns a valuation rating of 4 / 10 to KONINKLIJKE PHILIPS NV (PHIA.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for KONINKLIJKE PHILIPS NV?
KONINKLIJKE PHILIPS NV (PHIA.AS) has a profitability rating of 2 / 10.
How financially healthy is KONINKLIJKE PHILIPS NV?
The financial health rating of KONINKLIJKE PHILIPS NV (PHIA.AS) is 2 / 10.
Can you provide the dividend sustainability for PHIA stock?
The dividend rating of KONINKLIJKE PHILIPS NV (PHIA.AS) is 0 / 10 and the dividend payout ratio is 199.39%.