PRYSMIAN SPA (PRY.MI) Stock Fundamental Analysis
BIT:PRY - Euronext Milan - IT0004176001 - Common Stock - Currency: EUR
PRY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 53 industry peers in the Electrical Equipment industry. PRY has an excellent profitability rating, but there are concerns on its financial health. PRY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PRY was profitable.
In the past year PRY had a positive cash flow from operations.
In the past 5 years PRY has always been profitable.
Each year in the past 5 years PRY had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PRY (4.01%) is better than 72.22% of its industry peers.
PRY has a better Return On Equity (14.33%) than 81.48% of its industry peers.
PRY has a better Return On Invested Capital (7.64%) than 68.52% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRY is in line with the industry average of 8.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 14.33% | ||
| ROIC | 7.64% |
ROA(3y)3.98%
ROA(5y)3.26%
ROE(3y)14.13%
ROE(5y)12.17%
ROIC(3y)9.46%
ROIC(5y)8.13%
1.3 Margins
Looking at the Profit Margin, with a value of 4.28%, PRY is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
In the last couple of years the Profit Margin of PRY has grown nicely.
PRY's Operating Margin of 6.99% is fine compared to the rest of the industry. PRY outperforms 62.96% of its industry peers.
PRY's Operating Margin has improved in the last couple of years.
PRY has a Gross Margin (36.92%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PRY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.99% | ||
| PM (TTM) | 4.28% | ||
| GM | 36.92% |
OM growth 3Y16.91%
OM growth 5Y6.08%
PM growth 3Y20.98%
PM growth 5Y11.05%
GM growth 3Y5.02%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PRY is creating some value.
Compared to 1 year ago, PRY has more shares outstanding
Compared to 5 years ago, PRY has more shares outstanding
PRY has a worse debt/assets ratio than last year.
2.2 Solvency
PRY has an Altman-Z score of 2.30. This is not the best score and indicates that PRY is in the grey zone with still only limited risk for bankruptcy at the moment.
PRY has a Altman-Z score of 2.30. This is in the better half of the industry: PRY outperforms 72.22% of its industry peers.
PRY has a debt to FCF ratio of 4.75. This is a neutral value as PRY would need 4.75 years to pay back of all of its debts.
PRY's Debt to FCF ratio of 4.75 is fine compared to the rest of the industry. PRY outperforms 64.81% of its industry peers.
PRY has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
PRY has a Debt to Equity ratio of 1.01. This is in the lower half of the industry: PRY underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 4.75 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.96
WACC8%
2.3 Liquidity
A Current Ratio of 1.15 indicates that PRY should not have too much problems paying its short term obligations.
PRY's Current ratio of 1.15 is on the low side compared to the rest of the industry. PRY is outperformed by 72.22% of its industry peers.
A Quick Ratio of 0.72 indicates that PRY may have some problems paying its short term obligations.
With a Quick ratio value of 0.72, PRY is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
PRY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.96%, which is quite impressive.
PRY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.50% yearly.
The Revenue has grown by 10.89% in the past year. This is quite good.
PRY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.13% yearly.
EPS 1Y (TTM)36.96%
EPS 3Y29.14%
EPS 5Y11.5%
EPS Q2Q%240.74%
Revenue 1Y (TTM)10.89%
Revenue growth 3Y10.16%
Revenue growth 5Y8.13%
Sales Q2Q%32.16%
3.2 Future
The Earnings Per Share is expected to grow by 17.60% on average over the next years. This is quite good.
PRY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.74% yearly.
EPS Next Y42.3%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
EPS Next 5Y17.6%
Revenue Next Year15.74%
Revenue Next 2Y10.78%
Revenue Next 3Y9.09%
Revenue Next 5Y6.74%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.22, PRY is valued on the expensive side.
Based on the Price/Earnings ratio, PRY is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of PRY to the average of the S&P500 Index (28.18), we can say PRY is valued slightly cheaper.
PRY is valuated correctly with a Price/Forward Earnings ratio of 14.21.
68.52% of the companies in the same industry are more expensive than PRY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PRY to the average of the S&P500 Index (20.81), we can say PRY is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.22 | ||
| Fwd PE | 14.21 |
4.2 Price Multiples
62.96% of the companies in the same industry are more expensive than PRY, based on the Enterprise Value to EBITDA ratio.
75.93% of the companies in the same industry are more expensive than PRY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.22 | ||
| EV/EBITDA | 11.4 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PRY has a very decent profitability rating, which may justify a higher PE ratio.
PRY's earnings are expected to grow with 22.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.48
PEG (5Y)1.76
EPS Next 2Y27.26%
EPS Next 3Y22.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.67%, PRY has a reasonable but not impressive dividend return.
The stock price of PRY dropped by -24.32% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.77, PRY pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.45, PRY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
5.2 History
On average, the dividend of PRY grows each year by 9.79%, which is quite nice.
Dividend Growth(5Y)9.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PRY pays out 27.71% of its income as dividend. This is a sustainable payout ratio.
PRY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.71%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
BIT:PRY (5/2/2025, 7:00:00 PM)
50.96
+3.02 (+6.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners69.68%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap15.07B
Analysts80.8
Price Target68.74 (34.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
Yearly Dividend0.72
Dividend Growth(5Y)9.79%
DP27.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-35.97%
Min EPS beat(2)-53.09%
Max EPS beat(2)-18.84%
EPS beat(4)0
Avg EPS beat(4)-21.77%
Min EPS beat(4)-53.09%
Max EPS beat(4)-6.81%
EPS beat(8)2
Avg EPS beat(8)-28.28%
EPS beat(12)5
Avg EPS beat(12)-17.25%
EPS beat(16)6
Avg EPS beat(16)-17.61%
Revenue beat(2)2
Avg Revenue beat(2)2.63%
Min Revenue beat(2)1.5%
Max Revenue beat(2)3.76%
Revenue beat(4)3
Avg Revenue beat(4)1.22%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)3.76%
Revenue beat(8)4
Avg Revenue beat(8)-1.34%
Revenue beat(12)8
Avg Revenue beat(12)1.72%
Revenue beat(16)12
Avg Revenue beat(16)3.06%
PT rev (1m)-2.98%
PT rev (3m)-5%
EPS NQ rev (1m)-12.6%
EPS NQ rev (3m)-26%
EPS NY rev (1m)-2.66%
EPS NY rev (3m)-9.74%
Revenue NQ rev (1m)4.75%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)1.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.22 | ||
| Fwd PE | 14.21 | ||
| P/S | 0.89 | ||
| P/FCF | 13.22 | ||
| P/OCF | 7.8 | ||
| P/B | 2.96 | ||
| P/tB | 87.64 | ||
| EV/EBITDA | 11.4 |
EPS(TTM)2.52
EY4.95%
EPS(NY)3.59
Fwd EY7.04%
FCF(TTM)3.85
FCFY7.56%
OCF(TTM)6.54
OCFY12.82%
SpS57.56
BVpS17.2
TBVpS0.58
PEG (NY)0.48
PEG (5Y)1.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 14.33% | ||
| ROCE | 10.34% | ||
| ROIC | 7.64% | ||
| ROICexc | 8.43% | ||
| ROICexgc | 15.94% | ||
| OM | 6.99% | ||
| PM (TTM) | 4.28% | ||
| GM | 36.92% | ||
| FCFM | 6.7% |
ROA(3y)3.98%
ROA(5y)3.26%
ROE(3y)14.13%
ROE(5y)12.17%
ROIC(3y)9.46%
ROIC(5y)8.13%
ROICexc(3y)11.88%
ROICexc(5y)10.44%
ROICexgc(3y)20.2%
ROICexgc(5y)18.13%
ROCE(3y)12.8%
ROCE(5y)11%
ROICexcg growth 3Y-3.62%
ROICexcg growth 5Y2.72%
ROICexc growth 3Y-3.05%
ROICexc growth 5Y0.3%
OM growth 3Y16.91%
OM growth 5Y6.08%
PM growth 3Y20.98%
PM growth 5Y11.05%
GM growth 3Y5.02%
GM growth 5Y-0.15%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 4.75 | ||
| Debt/EBITDA | 3.04 | ||
| Cap/Depr | 155.8% | ||
| Cap/Sales | 4.66% | ||
| Interest Coverage | 4.74 | ||
| Cash Conversion | 113.77% | ||
| Profit Quality | 156.38% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.3 |
F-Score5
WACC8%
ROIC/WACC0.96
Cap/Depr(3y)129.18%
Cap/Depr(5y)110.84%
Cap/Sales(3y)3.85%
Cap/Sales(5y)3.28%
Profit Quality(3y)140.66%
Profit Quality(5y)166.25%
High Growth Momentum
Growth
EPS 1Y (TTM)36.96%
EPS 3Y29.14%
EPS 5Y11.5%
EPS Q2Q%240.74%
EPS Next Y42.3%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
EPS Next 5Y17.6%
Revenue 1Y (TTM)10.89%
Revenue growth 3Y10.16%
Revenue growth 5Y8.13%
Sales Q2Q%32.16%
Revenue Next Year15.74%
Revenue Next 2Y10.78%
Revenue Next 3Y9.09%
Revenue Next 5Y6.74%
EBIT growth 1Y14.98%
EBIT growth 3Y28.79%
EBIT growth 5Y14.71%
EBIT Next Year58.94%
EBIT Next 3Y23.27%
EBIT Next 5Y17.42%
FCF growth 1Y43.94%
FCF growth 3Y32.15%
FCF growth 5Y17.59%
OCF growth 1Y36.51%
OCF growth 3Y35.5%
OCF growth 5Y20.06%