KERING (PPX.DE) Fundamental Analysis & Valuation

FRA:PPX • FR0000121485

Current stock price

280.3 EUR
+8 (+2.94%)
Last:

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

3

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.
  • PPX had positive earnings in each of the past 5 years.
  • In the past 5 years PPX always reported a positive cash flow from operatings.
PPX.DE Yearly Net Income VS EBIT VS OCF VS FCFPPX.DE 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 2025 1B 2B 3B 4B 5B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.17%, PPX is doing worse than 71.11% 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 71.11% of its industry peers.
  • With a Return On Invested Capital value of 2.27%, PPX is not doing good in the industry: 68.89% of the companies in the same industry are doing better.
  • Measured over the past 3 years, the Average Return On Invested Capital for PPX is significantly below the industry average of 12.70%.
Industry RankSector 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%
PPX.DE Yearly ROA, ROE, ROICPPX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 0.49%, PPX is doing worse than 71.11% of the companies in the same industry.
  • In the last couple of years the Profit Margin of PPX has declined.
  • PPX's Operating Margin of 11.13% is in line compared to the rest of the industry. PPX outperforms 55.56% of its industry peers.
  • In the last couple of years the Operating Margin of PPX has declined.
  • Looking at the Gross Margin, with a value of 72.64%, PPX is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • PPX's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
PPX.DE Yearly Profit, Operating, Gross MarginsPPX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. PPX.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PPX is destroying value.
  • PPX has about the same amout of shares outstanding than it did 1 year ago.
  • PPX has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for PPX has been reduced compared to a year ago.
PPX.DE Yearly Shares OutstandingPPX.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
PPX.DE Yearly Total Debt VS Total AssetsPPX.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • The Debt to FCF ratio of PPX is 7.97, which is on the high side as it means it would take PPX, 7.97 years of fcf income to pay off all of its debts.
  • PPX's Debt to FCF ratio of 7.97 is in line compared to the rest of the industry. PPX outperforms 42.22% of 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 71.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.04
Debt/FCF 7.97
Altman-Z N/A
ROIC/WACC0.37
WACC6.17%
PPX.DE Yearly LT Debt VS Equity VS FCFPPX.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.39 indicates that PPX should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.39, PPX is doing worse than 66.67% of the companies in the same industry.
  • A Quick Ratio of 0.92 indicates that PPX may have some problems paying its short term obligations.
  • PPX has a Quick ratio (0.92) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.39
Quick Ratio 0.92
PPX.DE Yearly Current Assets VS Current LiabilitesPPX.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

4

3. PPX.DE Growth Analysis

3.1 Past

  • The earnings per share for PPX have decreased strongly by -59.46% in the last year.
  • PPX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -22.79% yearly.
  • PPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.03%.
  • Measured over the past years, PPX shows a small growth in Revenue. The Revenue has been growing by 2.30% on average per year.
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

  • Based on estimates for the next years, PPX will show a very strong growth in Earnings Per Share. The EPS will grow by 42.68% on average per year.
  • 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 Y66.77%
EPS Next 2Y56.16%
EPS Next 3Y46.86%
EPS Next 5Y42.68%
Revenue Next Year0.62%
Revenue Next 2Y3.58%
Revenue Next 3Y4.56%
Revenue Next 5Y5%

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.
PPX.DE Yearly Revenue VS EstimatesPPX.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
PPX.DE Yearly EPS VS EstimatesPPX.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10 20 30

3

4. PPX.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 64.73, 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 66.67% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of PPX to the average of the S&P500 Index (27.38), we can say PPX is valued expensively.
  • Based on the Price/Forward Earnings ratio of 38.82, the valuation of PPX can be described as expensive.
  • 62.22% of the companies in the same industry are cheaper than PPX, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 38.20, PPX is valued at the same level.
Industry RankSector Rank
PE 64.73
Fwd PE 38.82
PPX.DE Price Earnings VS Forward Price EarningsPPX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • PPX's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, PPX is valued a bit cheaper than 75.56% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.86
EV/EBITDA 13.23
PPX.DE Per share dataPPX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

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.
  • PPX's earnings are expected to grow with 46.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.97
PEG (5Y)N/A
EPS Next 2Y56.16%
EPS Next 3Y46.86%

1

5. PPX.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.09%, PPX has a reasonable but not impressive dividend return.
  • PPX's Dividend Yield is comparable with the industry average which is at 2.14.
  • PPX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.09%

5.2 History

  • The dividend of PPX decreases each year by -5.49%.
Dividend Growth(5Y)-5.49%
Div Incr Years0
Div Non Decr Years0
PPX.DE Yearly Dividends per sharePPX.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15

5.3 Sustainability

  • PPX pays out 1022.22% of its income as dividend. This is not a sustainable payout ratio.
DP1022.22%
EPS Next 2Y56.16%
EPS Next 3Y46.86%
PPX.DE Yearly Income VS Free CF VS DividendPPX.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
PPX.DE Dividend Payout.PPX.DE Dividend Payout, showing the Payout Ratio.PPX.DE Dividend Payout.PayoutRetained Earnings

PPX.DE Fundamentals: All Metrics, Ratios and Statistics

KERING

FRA:PPX (4/14/2026, 7:00:00 PM)

280.3

+8 (+2.94%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)02-10
Earnings (Next)04-14
Inst Owners25.67%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap34.59B
Revenue(TTM)14.68B
Net Income(TTM)72.00M
Analysts56.36
Price Target296.14 (5.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.09%
Yearly Dividend6
Dividend Growth(5Y)-5.49%
DP1022.22%
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)-3.07%
PT rev (3m)-1.57%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.1%
EPS NY rev (3m)-15.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.31%
Revenue NY rev (3m)-2.7%
Valuation
Industry RankSector Rank
PE 64.73
Fwd PE 38.82
P/S 2.36
P/FCF 14.86
P/OCF 10.95
P/B 2.35
P/tB 11.24
EV/EBITDA 13.23
EPS(TTM)4.33
EY1.54%
EPS(NY)7.22
Fwd EY2.58%
FCF(TTM)18.86
FCFY6.73%
OCF(TTM)25.59
OCFY9.13%
SpS118.9
BVpS119.15
TBVpS24.94
PEG (NY)0.97
PEG (5Y)N/A
Graham Number107.743 (-61.56%)
Profitability
Industry RankSector 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 RankSector 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
WACC6.17%
ROIC/WACC0.37
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 Y66.77%
EPS Next 2Y56.16%
EPS Next 3Y46.86%
EPS Next 5Y42.68%
Revenue 1Y (TTM)-13.03%
Revenue growth 3Y-10.33%
Revenue growth 5Y2.3%
Sales Q2Q%-13.2%
Revenue Next Year0.62%
Revenue Next 2Y3.58%
Revenue Next 3Y4.56%
Revenue Next 5Y5%
EBIT growth 1Y-32.83%
EBIT growth 3Y-33.27%
EBIT growth 5Y-11.94%
EBIT Next Year131.04%
EBIT Next 3Y43.9%
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.


Can you provide the profitability details for KERING?

KERING (PPX.DE) has a profitability rating of 3 / 10.


What are the PE and PB ratios of KERING (PPX.DE) stock?

The Price/Earnings (PE) ratio for KERING (PPX.DE) is 64.73 and the Price/Book (PB) ratio is 2.35.


How sustainable is the dividend of KERING (PPX.DE) stock?

The dividend rating of KERING (PPX.DE) is 1 / 10 and the dividend payout ratio is 1022.22%.