KERING (PPX.DE) Stock Fundamental Analysis

FRA:PPX • FR0000121485

281.3 EUR
+1.9 (+0.68%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

3

Taking everything into account, PPX scores 3 out of 10 in our fundamental rating. PPX was compared to 44 industry peers in the Textiles, Apparel & Luxury Goods industry. While PPX is still in line with the averages on profitability rating, there are concerns on its financial health. PPX is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
  • Each year in the past 5 years PPX has been profitable.
  • 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 1B 2B 3B 4B 5B

1.2 Ratios

  • With a Return On Assets value of 1.72%, PPX is not doing good in the industry: 61.36% of the companies in the same industry are doing better.
  • PPX has a worse Return On Equity (4.94%) than 63.64% of its industry peers.
  • PPX's Return On Invested Capital of 3.65% is on the low side compared to the rest of the industry. PPX is outperformed by 70.45% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for PPX is below the industry average of 13.15%.
  • 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 RankSector 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%
PPX.DE Yearly ROA, ROE, ROICPPX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • The Profit Margin of PPX (4.62%) is comparable to the rest of the industry.
  • PPX's Profit Margin has declined in the last couple of years.
  • The Operating Margin of PPX (11.07%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of PPX has declined.
  • Looking at the Gross Margin, with a value of 73.03%, PPX is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
  • In the last couple of years the Gross Margin of PPX has remained more or less at the same level.
Industry RankSector 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%
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 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

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.
  • PPX has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, PPX has less shares outstanding
  • The debt/assets ratio for PPX is higher 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 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 10B 20B 30B 40B

2.2 Solvency

  • PPX has an Altman-Z score of 1.83. 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.
  • PPX has a Altman-Z score (1.83) which is comparable to the rest of the industry.
  • 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 worse Debt to FCF ratio (13.86) than 68.18% 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.
  • With a Debt to Equity ratio value of 1.12, PPX is not doing good in the industry: 70.45% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.12
Debt/FCF 13.86
Altman-Z 1.83
ROIC/WACC0.52
WACC6.96%
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 5B 10B 15B

2.3 Liquidity

  • PPX has a Current Ratio of 1.32. This is a normal value and indicates that PPX is financially healthy and should not expect problems in meeting its short term obligations.
  • PPX has a Current ratio of 1.32. This is in the lower half of the industry: PPX underperforms 65.91% 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 RankSector Rank
Current Ratio 1.32
Quick Ratio 0.87
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 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

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.
  • Looking at the last year, PPX shows a very negative growth in Revenue. The Revenue has decreased by -14.56% in the last year.
  • 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

  • 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.
  • Based on estimates for the next years, PPX will show a small growth in Revenue. The Revenue will grow by 2.24% on average per year.
EPS Next Y-45.58%
EPS Next 2Y-10.81%
EPS Next 3Y3.27%
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.
  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 39.56, the valuation of PPX can be described as expensive.
  • PPX's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of PPX to the average of the S&P500 Index (27.67), we can say PPX is valued slightly more expensively.
  • With a Price/Forward Earnings ratio of 33.11, PPX can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of PPX is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 27.69. PPX is around the same levels.
Industry RankSector Rank
PE 39.56
Fwd PE 33.11
PPX.DE Price Earnings VS Forward Price EarningsPPX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PPX indicates a slightly more expensive valuation: PPX is more expensive than 63.64% of the companies listed in the same industry.
  • PPX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 25.09
EV/EBITDA 12.49
PPX.DE Per share dataPPX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.81%
EPS Next 3Y3.27%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • PPX has a Yearly Dividend Yield of 2.31%.
  • PPX's Dividend Yield is comparable with the industry average which is at 2.21.
  • Compared to an average S&P500 Dividend Yield of 1.80, PPX pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.31%

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
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

  • 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-10.81%
EPS Next 3Y3.27%
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 1B 2B 3B
PPX.DE Dividend Payout.PPX.DE Dividend Payout, showing the Payout Ratio.PPX.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KERING

FRA:PPX (2/12/2026, 7:00:00 PM)

281.3

+1.9 (+0.68%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)10-23
Earnings (Next)02-10
Inst Owners25.4%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap34.72B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts53.55
Price Target306.9 (9.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.31%
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)2.01%
PT rev (3m)8.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.16%
EPS NY rev (3m)-2.49%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
Industry RankSector Rank
PE 39.56
Fwd PE 33.11
P/S 2.2
P/FCF 25.09
P/OCF 9.3
P/B 2.35
P/tB N/A
EV/EBITDA 12.49
EPS(TTM)7.11
EY2.53%
EPS(NY)8.5
Fwd EY3.02%
FCF(TTM)11.21
FCFY3.99%
OCF(TTM)30.25
OCFY10.75%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
Graham Number138.36
Profitability
Industry RankSector 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 RankSector 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 1.83
F-Score4
WACC6.96%
ROIC/WACC0.52
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-45.58%
EPS Next 2Y-10.81%
EPS Next 3Y3.27%
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 39.56 and the Price/Book (PB) ratio is 2.35.


Can you provide the expected EPS growth for PPX stock?

The Earnings per Share (EPS) of KERING (PPX.DE) is expected to decline by -45.58% in the next year.