KERING (PPX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PPX - FR0000121485 - Common Stock
311.35 EUR
+2.35 (+0.76%)
We assign a fundamental rating of 3 out of 10 to PPX. PPX was compared to 51 industry peers in the Textiles, Apparel & Luxury Goods industry. There are concerns on the financial health of PPX while its profitability can be described as average. PPX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- PPX had positive earnings in the past year.
- In the past year PPX had a positive cash flow from operations.
- Each year in the past 5 years PPX has been profitable.
- Each year in the past 5 years PPX had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.72%, PPX is doing worse than 60.78% of the companies in the same industry.
- PPX's Return On Equity of 4.94% is on the low side compared to the rest of the industry. PPX is outperformed by 64.71% of its industry peers.
- PPX has a Return On Invested Capital of 3.65%. This is in the lower half of the industry: PPX underperforms 70.59% of its industry peers.
- PPX had an Average Return On Invested Capital over the past 3 years of 10.05%. This is in line with the industry average of 11.80%.
- The 3 year average ROIC (10.05%) for PPX is well above the current ROIC(3.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROIC | 3.65% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
1.3 Margins
- The Profit Margin of PPX (4.62%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of PPX has declined.
- PPX has a Operating Margin of 11.07%. This is comparable to the rest of the industry: PPX outperforms 56.86% of its industry peers.
- PPX's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 73.03%, PPX is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- PPX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% |
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PPX is creating some value.
- Compared to 1 year ago, PPX has about the same amount of shares outstanding.
- The number of shares outstanding for PPX has been reduced compared to 5 years ago.
- Compared to 1 year ago, PPX has a worse debt to assets ratio.
2.2 Solvency
- PPX has an Altman-Z score of 1.91. This is not the best score and indicates that PPX is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.91, PPX is not doing good in the industry: 62.75% of the companies in the same industry are doing better.
- The Debt to FCF ratio of PPX is 13.86, which is on the high side as it means it would take PPX, 13.86 years of fcf income to pay off all of its debts.
- PPX has a Debt to FCF ratio of 13.86. This is in the lower half of the industry: PPX underperforms 64.71% of its industry peers.
- PPX has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
- PPX has a worse Debt to Equity ratio (1.12) than 72.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.53
WACC6.92%
2.3 Liquidity
- A Current Ratio of 1.32 indicates that PPX should not have too much problems paying its short term obligations.
- PPX's Current ratio of 1.32 is on the low side compared to the rest of the industry. PPX is outperformed by 66.67% of its industry peers.
- A Quick Ratio of 0.87 indicates that PPX may have some problems paying its short term obligations.
- PPX has a Quick ratio (0.87) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
- PPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.67%.
- Measured over the past years, PPX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.03% on average per year.
- The Revenue for PPX has decreased by -14.56% in the past year. This is quite bad
- PPX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.60% yearly.
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
3.2 Future
- PPX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.83% yearly.
- The Revenue is expected to grow by 2.24% on average over the next years.
EPS Next Y-43.81%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
EPS Next 5Y9.83%
Revenue Next Year-12.78%
Revenue Next 2Y-5.37%
Revenue Next 3Y-1.3%
Revenue Next 5Y2.24%
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
- Based on the Price/Earnings ratio of 43.79, the valuation of PPX can be described as expensive.
- PPX's Price/Earnings ratio is a bit more expensive when compared to the industry. PPX is more expensive than 60.78% of the companies in the same industry.
- When comparing the Price/Earnings ratio of PPX to the average of the S&P500 Index (27.33), we can say PPX is valued expensively.
- With a Price/Forward Earnings ratio of 36.58, PPX can be considered very expensive at the moment.
- PPX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PPX is more expensive than 60.78% of the companies in the same industry.
- PPX is valuated expensively when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.79 | ||
| Fwd PE | 36.58 |
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 64.71% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PPX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.77 | ||
| EV/EBITDA | 13.51 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- PPX has a Yearly Dividend Yield of 1.94%.
- Compared to an average industry Dividend Yield of 1.94, PPX pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.91, PPX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
- The dividend of PPX is nicely growing with an annual growth rate of 6.01%!
Dividend Growth(5Y)6.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 100.96% of the earnings are spent on dividend by PPX. This is not a sustainable payout ratio.
- PPX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP100.96%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
FRA:PPX (1/14/2026, 7:00:00 PM)
311.35
+2.35 (+0.76%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)10-23 2025-10-23
Earnings (Next)02-10 2026-02-10/amc
Inst Owners25.4%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap38.43B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts53.55
Price Target300.86 (-3.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend14
Dividend Growth(5Y)6.01%
DP100.96%
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%
PT rev (3m)35.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.26%
EPS NY rev (3m)1.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.79 | ||
| Fwd PE | 36.58 | ||
| P/S | 2.44 | ||
| P/FCF | 27.77 | ||
| P/OCF | 10.29 | ||
| P/B | 2.6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.51 |
EPS(TTM)7.11
EY2.28%
EPS(NY)8.51
Fwd EY2.73%
FCF(TTM)11.21
FCFY3.6%
OCF(TTM)30.25
OCFY9.71%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
Graham Number138.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROCE | 5.15% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 8.4% | ||
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% | ||
| FCFM | 8.78% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
ROICexc(3y)11.71%
ROICexc(5y)13.25%
ROICexgc(3y)23.84%
ROICexgc(5y)27.41%
ROCE(3y)14.46%
ROCE(5y)15.94%
ROICexgc growth 3Y-34.7%
ROICexgc growth 5Y-22.91%
ROICexc growth 3Y-32.92%
ROICexc growth 5Y-21.33%
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
F-Score4
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 109.66% | ||
| Cap/Sales | 14.9% | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | 96.04% | ||
| Profit Quality | 189.85% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.91 |
F-Score4
WACC6.92%
ROIC/WACC0.53
Cap/Depr(3y)121.37%
Cap/Depr(5y)96.61%
Cap/Sales(3y)12.62%
Cap/Sales(5y)9.83%
Profit Quality(3y)91.35%
Profit Quality(5y)99.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
EPS Next Y-43.81%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
EPS Next 5Y9.83%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-12.78%
Revenue Next 2Y-5.37%
Revenue Next 3Y-1.3%
Revenue Next 5Y2.24%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year46.04%
EBIT Next 3Y21.56%
EBIT Next 5Y25.36%
FCF growth 1Y-25.75%
FCF growth 3Y-29.17%
FCF growth 5Y-3.26%
OCF growth 1Y-16.39%
OCF growth 3Y-1.14%
OCF growth 5Y12.54%
KERING / PPX.DE 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 1 / 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 4 / 10.
What is the valuation of KERING based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KERING (PPX.DE) is 43.79 and the Price/Book (PB) ratio is 2.6.
Can you provide the expected EPS growth for PPX stock?
The Earnings per Share (EPS) of KERING (PPX.DE) is expected to decline by -43.81% in the next year.