HAULOTTE GROUP (PIG.PA) Fundamental Analysis & Valuation

EPA:PIG • FR0000066755

2.11 EUR
+0.01 (+0.48%)
Last: Mar 11, 2026, 07:00 PM

This PIG.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, PIG scores 3 out of 10 in our fundamental rating. PIG was compared to 109 industry peers in the Machinery industry. Both the profitability and financial health of PIG have multiple concerns. PIG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. PIG.PA Profitability Analysis

1.1 Basic Checks

  • In the past year PIG has reported negative net income.
  • PIG had a positive operating cash flow in the past year.
  • In multiple years PIG reported negative net income over the last 5 years.
  • Of the past 5 years PIG 4 years had a positive operating cash flow.
PIG.PA Yearly Net Income VS EBIT VS OCF VS FCFPIG.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • With a Return On Assets value of -3.51%, PIG is not doing good in the industry: 80.73% of the companies in the same industry are doing better.
  • PIG's Return On Equity of -12.18% is on the low side compared to the rest of the industry. PIG is outperformed by 82.57% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 2.37%, PIG is doing worse than 72.48% of the companies in the same industry.
Industry RankSector Rank
ROA -3.51%
ROE -12.18%
ROIC 2.37%
ROA(3y)0.11%
ROA(5y)-0.67%
ROE(3y)-0.08%
ROE(5y)-1.71%
ROIC(3y)N/A
ROIC(5y)N/A
PIG.PA Yearly ROA, ROE, ROICPIG.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10

1.3 Margins

  • In the last couple of years the Profit Margin of PIG has declined.
  • PIG has a Operating Margin of 2.38%. This is in the lower half of the industry: PIG underperforms 70.64% of its industry peers.
  • In the last couple of years the Operating Margin of PIG has grown nicely.
  • PIG's Gross Margin of 24.36% is on the low side compared to the rest of the industry. PIG is outperformed by 80.73% of its industry peers.
  • In the last couple of years the Gross Margin of PIG has grown nicely.
Industry RankSector Rank
OM 2.38%
PM (TTM) N/A
GM 24.36%
OM growth 3Y24.85%
OM growth 5Y1.79%
PM growth 3Y13.88%
PM growth 5Y-5.84%
GM growth 3Y5.39%
GM growth 5Y1.9%
PIG.PA Yearly Profit, Operating, Gross MarginsPIG.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

3

2. PIG.PA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PIG is destroying value.
  • Compared to 1 year ago, PIG has about the same amount of shares outstanding.
  • The number of shares outstanding for PIG has been reduced compared to 5 years ago.
  • PIG has a better debt/assets ratio than last year.
PIG.PA Yearly Shares OutstandingPIG.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
PIG.PA Yearly Total Debt VS Total AssetsPIG.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • PIG has an Altman-Z score of 1.92. This is not the best score and indicates that PIG is in the grey zone with still only limited risk for bankruptcy at the moment.
  • PIG has a Altman-Z score (1.92) which is in line with its industry peers.
  • The Debt to FCF ratio of PIG is 11.54, which is on the high side as it means it would take PIG, 11.54 years of fcf income to pay off all of its debts.
  • PIG's Debt to FCF ratio of 11.54 is on the low side compared to the rest of the industry. PIG is outperformed by 66.97% of its industry peers.
  • A Debt/Equity ratio of 0.60 indicates that PIG is somewhat dependend on debt financing.
  • The Debt to Equity ratio of PIG (0.60) is worse than 64.22% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 11.54
Altman-Z 1.92
ROIC/WACC0.49
WACC4.86%
PIG.PA Yearly LT Debt VS Equity VS FCFPIG.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

2.3 Liquidity

  • A Current Ratio of 1.18 indicates that PIG should not have too much problems paying its short term obligations.
  • PIG has a worse Current ratio (1.18) than 71.56% of its industry peers.
  • PIG has a Quick Ratio of 1.18. This is a bad value and indicates that PIG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PIG's Quick ratio of 0.54 is on the low side compared to the rest of the industry. PIG is outperformed by 87.16% of its industry peers.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 0.54
PIG.PA Yearly Current Assets VS Current LiabilitesPIG.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2

3. PIG.PA Growth Analysis

3.1 Past

  • PIG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -219.28%.
  • PIG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.87% yearly.
  • The Revenue for PIG has decreased by -25.59% in the past year. This is quite bad
  • Measured over the past years, PIG shows a small growth in Revenue. The Revenue has been growing by 0.97% on average per year.
EPS 1Y (TTM)-219.28%
EPS 3Y23.98%
EPS 5Y-4.87%
EPS Q2Q%-215.78%
Revenue 1Y (TTM)-25.59%
Revenue growth 3Y8.78%
Revenue growth 5Y0.97%
Sales Q2Q%-28.04%

3.2 Future

  • Based on estimates for the next years, PIG will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.56% on average per year.
  • The Revenue is expected to grow by 6.52% on average over the next years.
EPS Next Y-253.26%
EPS Next 2Y-63.32%
EPS Next 3Y-12.56%
EPS Next 5YN/A
Revenue Next Year-20%
Revenue Next 2Y-7.24%
Revenue Next 3Y-2.09%
Revenue Next 5Y6.52%

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 decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
PIG.PA Yearly Revenue VS EstimatesPIG.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M
PIG.PA Yearly EPS VS EstimatesPIG.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 1

2

4. PIG.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • PIG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • A Price/Forward Earnings ratio of 25.32 indicates a quite expensive valuation of PIG.
  • Based on the Price/Forward Earnings ratio, PIG is valued a bit more expensive than the industry average as 66.97% of the companies are valued more cheaply.
  • PIG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.27.
Industry RankSector Rank
PE N/A
Fwd PE 25.32
PIG.PA Price Earnings VS Forward Price EarningsPIG.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

  • PIG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PIG is cheaper than 60.55% of the companies in the same industry.
  • 97.25% of the companies in the same industry are more expensive than PIG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 2.78
EV/EBITDA 9.12
PIG.PA Per share dataPIG.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • PIG's earnings are expected to decrease with -12.56% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-63.32%
EPS Next 3Y-12.56%

6

5. PIG.PA Dividend Analysis

5.1 Amount

  • PIG has a Yearly Dividend Yield of 10.53%, which is a nice return.
  • PIG's Dividend Yield is rather good when compared to the industry average which is at 1.45. PIG pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, PIG pays a better dividend.
Industry RankSector Rank
Dividend Yield 10.53%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
PIG.PA Yearly Dividends per sharePIG.PA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2025 0.05 0.1 0.15 0.2

5.3 Sustainability

DP0%
EPS Next 2Y-63.32%
EPS Next 3Y-12.56%
PIG.PA Yearly Income VS Free CF VS DividendPIG.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

PIG.PA Fundamentals: All Metrics, Ratios and Statistics

HAULOTTE GROUP

EPA:PIG (3/11/2026, 7:00:00 PM)

2.11

+0.01 (+0.48%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-10
Earnings (Next)04-28
Inst Owners2.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap66.19M
Revenue(TTM)537.92M
Net Income(TTM)-19.92M
Analysts44
Price Target1.7 (-19.43%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 10.53%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-11.57%
EPS NY rev (3m)-12.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.05%
Revenue NY rev (3m)1.05%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 25.32
P/S 0.12
P/FCF 2.78
P/OCF 2.09
P/B 0.4
P/tB 0.57
EV/EBITDA 9.12
EPS(TTM)-0.68
EYN/A
EPS(NY)0.08
Fwd EY3.95%
FCF(TTM)0.76
FCFY35.94%
OCF(TTM)1.01
OCFY47.87%
SpS17.15
BVpS5.21
TBVpS3.73
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.51%
ROE -12.18%
ROCE 5.33%
ROIC 2.37%
ROICexc 2.67%
ROICexgc 3.29%
OM 2.38%
PM (TTM) N/A
GM 24.36%
FCFM 4.42%
ROA(3y)0.11%
ROA(5y)-0.67%
ROE(3y)-0.08%
ROE(5y)-1.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y24.7%
ROICexgc growth 5Y2.44%
ROICexc growth 3Y25.73%
ROICexc growth 5Y3.22%
OM growth 3Y24.85%
OM growth 5Y1.79%
PM growth 3Y13.88%
PM growth 5Y-5.84%
GM growth 3Y5.39%
GM growth 5Y1.9%
F-Score5
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 11.54
Debt/EBITDA 3.25
Cap/Depr 45.77%
Cap/Sales 1.47%
Interest Coverage 250
Cash Conversion 105.47%
Profit Quality N/A
Current Ratio 1.18
Quick Ratio 0.54
Altman-Z 1.92
F-Score5
WACC4.86%
ROIC/WACC0.49
Cap/Depr(3y)78.18%
Cap/Depr(5y)108.59%
Cap/Sales(3y)2.28%
Cap/Sales(5y)4.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-219.28%
EPS 3Y23.98%
EPS 5Y-4.87%
EPS Q2Q%-215.78%
EPS Next Y-253.26%
EPS Next 2Y-63.32%
EPS Next 3Y-12.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-25.59%
Revenue growth 3Y8.78%
Revenue growth 5Y0.97%
Sales Q2Q%-28.04%
Revenue Next Year-20%
Revenue Next 2Y-7.24%
Revenue Next 3Y-2.09%
Revenue Next 5Y6.52%
EBIT growth 1Y-75.33%
EBIT growth 3Y35.81%
EBIT growth 5Y2.78%
EBIT Next Year-56.2%
EBIT Next 3Y3.52%
EBIT Next 5YN/A
FCF growth 1Y153.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y196.93%
OCF growth 3Y28.37%
OCF growth 5Y29.84%

HAULOTTE GROUP / PIG.PA FAQ

What is the ChartMill fundamental rating of HAULOTTE GROUP (PIG.PA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to PIG.PA.


What is the valuation status of HAULOTTE GROUP (PIG.PA) stock?

ChartMill assigns a valuation rating of 2 / 10 to HAULOTTE GROUP (PIG.PA). This can be considered as Overvalued.


How profitable is HAULOTTE GROUP (PIG.PA) stock?

HAULOTTE GROUP (PIG.PA) has a profitability rating of 2 / 10.


How sustainable is the dividend of HAULOTTE GROUP (PIG.PA) stock?

The dividend rating of HAULOTTE GROUP (PIG.PA) is 6 / 10 and the dividend payout ratio is 0%.