KERING (PPX.DE) Fundamental Analysis & Valuation
FRA:PPX • FR0000121485
Current stock price
234.4 EUR
+1.05 (+0.45%)
Last:
This PPX.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. PPX.DE Profitability Analysis
1.1 Basic Checks
- In the past year PPX was profitable.
- PPX had a positive operating cash flow in the past year.
- In the past 5 years PPX has always been profitable.
- In the past 5 years PPX always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.17%, PPX is doing worse than 71.74% of the companies in the same industry.
- PPX's Return On Equity of 0.49% is on the low side compared to the rest of the industry. PPX is outperformed by 71.74% of its industry peers.
- PPX has a worse Return On Invested Capital (2.27%) than 71.74% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PPX is significantly below the industry average of 13.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.49% | ||
| ROIC | 2.27% |
ROA(3y)3.33%
ROA(5y)6.17%
ROE(3y)9.23%
ROE(5y)15.46%
ROIC(3y)3.96%
ROIC(5y)6.2%
1.3 Margins
- With a Profit Margin value of 0.49%, PPX is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
- PPX's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 11.13%, PPX perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
- In the last couple of years the Operating Margin of PPX has declined.
- PPX's Gross Margin of 72.64% is fine compared to the rest of the industry. PPX outperforms 78.26% of its industry peers.
- In the last couple of years the Gross Margin of PPX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.13% | ||
| PM (TTM) | 0.49% | ||
| GM | 72.64% |
OM growth 3Y-25.59%
OM growth 5Y-13.91%
PM growth 3Y-69.77%
PM growth 5Y-50.44%
GM growth 3Y-0.92%
GM growth 5Y0.01%
2. PPX.DE Health Analysis
2.1 Basic Checks
- PPX 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 PPX remains at a similar level compared to 1 year ago.
- The number of shares outstanding for PPX has been reduced compared to 5 years ago.
- Compared to 1 year ago, PPX has an improved debt to assets ratio.
2.2 Solvency
- PPX has a debt to FCF ratio of 7.97. This is a slightly negative value and a sign of low solvency as PPX would need 7.97 years to pay back of all of its debts.
- PPX has a Debt to FCF ratio (7.97) which is in line with its industry peers.
- PPX has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of PPX (1.04) is worse than 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.97 | ||
| Altman-Z | N/A |
ROIC/WACC0.38
WACC5.93%
2.3 Liquidity
- PPX has a Current Ratio of 1.39. This is a normal value and indicates that PPX is financially healthy and should not expect problems in meeting its short term obligations.
- PPX's Current ratio of 1.39 is on the low side compared to the rest of the industry. PPX is outperformed by 67.39% of its industry peers.
- PPX has a Quick Ratio of 1.39. This is a bad value and indicates that PPX is not financially healthy enough and could expect problems in meeting its short term obligations.
- PPX has a Quick ratio of 0.92. This is comparable to the rest of the industry: PPX outperforms 56.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.92 |
3. PPX.DE Growth Analysis
3.1 Past
- PPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.46%.
- Measured over the past years, PPX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.79% on average per year.
- The Revenue for PPX has decreased by -13.03% in the past year. This is quite bad
- The Revenue has been growing slightly by 2.30% on average over the past years.
EPS 1Y (TTM)-59.46%
EPS 3Y-47.79%
EPS 5Y-22.79%
EPS Q2Q%-80.81%
Revenue 1Y (TTM)-13.03%
Revenue growth 3Y-10.33%
Revenue growth 5Y2.3%
Sales Q2Q%-13.2%
3.2 Future
- PPX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.68% yearly.
- Based on estimates for the next years, PPX will show a small growth in Revenue. The Revenue will grow by 5.00% on average per year.
EPS Next Y73.89%
EPS Next 2Y58.65%
EPS Next 3Y47.8%
EPS Next 5Y42.68%
Revenue Next Year1.95%
Revenue Next 2Y4.37%
Revenue Next 3Y5.03%
Revenue Next 5Y5%
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.
- 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.
4. PPX.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 54.13, PPX can be considered very expensive at the moment.
- 67.39% of the companies in the same industry are cheaper than PPX, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 25.23. PPX is valued rather expensively when compared to this.
- The Price/Forward Earnings ratio is 31.13, which means the current valuation is very expensive for PPX.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PPX is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.28, PPX is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.13 | ||
| Fwd PE | 31.13 |
4.2 Price Multiples
- PPX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. PPX is more expensive than 60.87% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, PPX is valued a bit cheaper than 76.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.43 | ||
| EV/EBITDA | 11.65 |
4.3 Compensation for Growth
- PPX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as PPX's earnings are expected to grow with 47.80% in the coming years.
PEG (NY)0.73
PEG (5Y)N/A
EPS Next 2Y58.65%
EPS Next 3Y47.8%
5. PPX.DE Dividend Analysis
5.1 Amount
- PPX has a Yearly Dividend Yield of 1.17%.
- In the last 3 months the price of PPX has falen by -22.55%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- PPX's Dividend Yield is comparable with the industry average which is at 2.03.
- PPX's Dividend Yield is slightly below the S&P500 average, which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
- The dividend of PPX decreases each year by -5.49%.
Dividend Growth(5Y)-5.49%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 1022.22% of the earnings are spent on dividend by PPX. This is not a sustainable payout ratio.
DP1022.22%
EPS Next 2Y58.65%
EPS Next 3Y47.8%
PPX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:PPX (3/20/2026, 7:00:00 PM)
234.4
+1.05 (+0.45%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)04-14 2026-04-14
Inst Owners25.23%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap28.93B
Revenue(TTM)14.68B
Net Income(TTM)72.00M
Analysts55.76
Price Target305.51 (30.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend6
Dividend Growth(5Y)-5.49%
DP1022.22%
Div Incr Years0
Div Non Decr Years3
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)-0.45%
PT rev (3m)1.55%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-11.37%
EPS NY rev (3m)-11.99%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.41%
Revenue NY rev (3m)-1.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.13 | ||
| Fwd PE | 31.13 | ||
| P/S | 1.97 | ||
| P/FCF | 12.43 | ||
| P/OCF | 9.16 | ||
| P/B | 1.97 | ||
| P/tB | 9.4 | ||
| EV/EBITDA | 11.65 |
EPS(TTM)4.33
EY1.85%
EPS(NY)7.53
Fwd EY3.21%
FCF(TTM)18.86
FCFY8.05%
OCF(TTM)25.59
OCFY10.92%
SpS118.9
BVpS119.15
TBVpS24.94
PEG (NY)0.73
PEG (5Y)N/A
Graham Number107.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.49% | ||
| ROCE | 4.88% | ||
| ROIC | 2.27% | ||
| ROICexc | 2.62% | ||
| ROICexgc | 4.37% | ||
| OM | 11.13% | ||
| PM (TTM) | 0.49% | ||
| GM | 72.64% | ||
| FCFM | 15.86% |
ROA(3y)3.33%
ROA(5y)6.17%
ROE(3y)9.23%
ROE(5y)15.46%
ROIC(3y)3.96%
ROIC(5y)6.2%
ROICexc(3y)4.48%
ROICexc(5y)7.45%
ROICexgc(3y)8.7%
ROICexgc(5y)15.26%
ROCE(3y)8.84%
ROCE(5y)13.99%
ROICexgc growth 3Y-43.95%
ROICexgc growth 5Y-23.1%
ROICexc growth 3Y-39.53%
ROICexc growth 5Y-19.81%
OM growth 3Y-25.59%
OM growth 5Y-13.91%
PM growth 3Y-69.77%
PM growth 5Y-50.44%
GM growth 3Y-0.92%
GM growth 5Y0.01%
F-Score4
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.97 | ||
| Debt/EBITDA | 4.17 | ||
| Cap/Depr | 40.61% | ||
| Cap/Sales | 5.66% | ||
| Interest Coverage | 2.45 | ||
| Cash Conversion | 85.89% | ||
| Profit Quality | 3233.33% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | N/A |
F-Score4
WACC5.93%
ROIC/WACC0.38
Cap/Depr(3y)113.48%
Cap/Depr(5y)93.8%
Cap/Sales(3y)12.87%
Cap/Sales(5y)9.83%
Profit Quality(3y)1139.62%
Profit Quality(5y)726.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.46%
EPS 3Y-47.79%
EPS 5Y-22.79%
EPS Q2Q%-80.81%
EPS Next Y73.89%
EPS Next 2Y58.65%
EPS Next 3Y47.8%
EPS Next 5Y42.68%
Revenue 1Y (TTM)-13.03%
Revenue growth 3Y-10.33%
Revenue growth 5Y2.3%
Sales Q2Q%-13.2%
Revenue Next Year1.95%
Revenue Next 2Y4.37%
Revenue Next 3Y5.03%
Revenue Next 5Y5%
EBIT growth 1Y-32.83%
EBIT growth 3Y-33.27%
EBIT growth 5Y-11.94%
EBIT Next Year130.26%
EBIT Next 3Y44.16%
EBIT Next 5Y32.12%
FCF growth 1Y66.29%
FCF growth 3Y-10.05%
FCF growth 5Y2.11%
OCF growth 1Y-32.94%
OCF growth 3Y-9.57%
OCF growth 5Y1.83%
KERING / PPX.DE Fundamental Analysis FAQ
What is the fundamental rating for PPX stock?
ChartMill assigns a fundamental rating of 3 / 10 to PPX.DE.
What is the valuation status for PPX stock?
ChartMill assigns a valuation rating of 3 / 10 to KERING (PPX.DE). This can be considered as Overvalued.
How profitable is KERING (PPX.DE) stock?
KERING (PPX.DE) has a profitability rating of 3 / 10.
What is the valuation of KERING based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KERING (PPX.DE) is 54.13 and the Price/Book (PB) ratio is 1.97.
Can you provide the expected EPS growth for PPX stock?
The Earnings per Share (EPS) of KERING (PPX.DE) is expected to grow by 73.89% in the next year.