KERING (PPX.DE) Stock Fundamental Analysis
Europe - FRA:PPX - FR0000121485 - Common Stock
241.25 EUR
+2.1 (+0.88%)
Overall PPX gets a fundamental rating of 3 out of 10. We evaluated PPX against 46 industry peers in the Textiles, Apparel & Luxury Goods industry. PPX has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, PPX is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PPX had positive earnings in the past year.
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
PPX's Return On Assets of 1.72% is on the low side compared to the rest of the industry. PPX is outperformed by 63.04% of its industry peers.
With a Return On Equity value of 4.94%, PPX is not doing good in the industry: 63.04% of the companies in the same industry are doing better.
PPX has a worse Return On Invested Capital (3.65%) than 63.04% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PPX is in line with the industry average of 11.06%.
The last Return On Invested Capital (3.65%) for PPX is well below the 3 year average (10.05%), which needs to be investigated, but indicates that PPX had better years and this may not be a problem.
| 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
PPX has a Profit Margin (4.62%) which is comparable to the rest of the industry.
PPX's Profit Margin has declined in the last couple of years.
PPX's Operating Margin of 11.07% is fine compared to the rest of the industry. PPX outperforms 63.04% of its industry peers.
In the last couple of years the Operating Margin of PPX has declined.
PPX has a better Gross Margin (73.03%) than 82.61% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PPX is still creating some 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 is higher compared to a year ago.
2.2 Solvency
PPX has an Altman-Z score of 1.72. This is a bad value and indicates that PPX is not financially healthy and even has some risk of bankruptcy.
PPX has a worse Altman-Z score (1.72) than 67.39% of its industry peers.
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.
The Debt to FCF ratio of PPX (13.86) is worse than 71.74% 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.
The Debt to Equity ratio of PPX (1.12) is worse than 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.53
WACC6.94%
2.3 Liquidity
A Current Ratio of 1.32 indicates that PPX should not have too much problems paying its short term obligations.
PPX has a worse Current ratio (1.32) than 69.57% of its industry peers.
PPX has a Quick Ratio of 1.32. 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 0.87. This is comparable to the rest of the industry: PPX outperforms 52.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for PPX have decreased strongly by -59.67% in the last year.
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.
PPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.56%.
Measured over the past years, PPX shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
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
Based on estimates for the next years, PPX will show a very strong growth in Earnings Per Share. The EPS will grow by 20.86% on average per year.
Based on estimates for the next years, PPX will show a small growth in Revenue. The Revenue will grow by 2.79% on average per year.
EPS Next Y-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.86%
Revenue Next Year-12.57%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1.23%
Revenue Next 5Y2.79%
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. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 33.93, PPX can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as PPX.
The average S&P500 Price/Earnings ratio is at 27.30. PPX is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 30.53 indicates a quite expensive valuation of PPX.
PPX's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.73. PPX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.93 | ||
| Fwd PE | 30.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PPX is on the same level as its industry peers.
PPX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.51 | ||
| EV/EBITDA | 11.22 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
5. Dividend
5.1 Amount
PPX has a Yearly Dividend Yield of 2.51%.
PPX's Dividend Yield is a higher than the industry average which is at 3.05.
PPX's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
5.2 History
On average, the dividend of PPX grows each year by 6.01%, which is quite nice.
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.
The dividend of PPX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP100.96%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
FRA:PPX (9/12/2025, 7:00:00 PM)
241.25
+2.1 (+0.88%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.73%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap29.78B
Analysts52.9
Price Target206.59 (-14.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
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)3.86%
PT rev (3m)1.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-38.24%
EPS NY rev (3m)-38.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.84%
Revenue NY rev (3m)-4.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.93 | ||
| Fwd PE | 30.53 | ||
| P/S | 1.89 | ||
| P/FCF | 21.51 | ||
| P/OCF | 7.98 | ||
| P/B | 2.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.22 |
EPS(TTM)7.11
EY2.95%
EPS(NY)7.9
Fwd EY3.28%
FCF(TTM)11.21
FCFY4.65%
OCF(TTM)30.25
OCFY12.54%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y-34.7%
ROICexcg 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 | 1.72 |
F-Score4
WACC6.94%
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-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.86%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-12.57%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1.23%
Revenue Next 5Y2.79%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year50.68%
EBIT Next 3Y22.84%
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%