ADTRAN INC (QH9.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:QH9 - US00486H1059 - Common Stock
8.124 EUR
-0.46 (-5.4%)
QH9 gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 31 industry peers in the Communications Equipment industry. QH9 has a bad profitability rating. Also its financial health evaluation is rather negative. QH9 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- QH9 had positive earnings in the past year.
- QH9 had a positive operating cash flow in the past year.
- QH9 had negative earnings in 4 of the past 5 years.
- In multiple years QH9 reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -7.28%, QH9 is doing worse than 61.29% of the companies in the same industry.
- With a Return On Equity value of -62.20%, QH9 is not doing good in the industry: 77.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.28% | ||
| ROE | -62.2% | ||
| ROIC | N/A |
ROA(3y)-18.05%
ROA(5y)-11.04%
ROE(3y)-126.55%
ROE(5y)-76.29%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Gross Margin value of 37.97%, QH9 is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
- QH9's Gross Margin has declined in the last couple of years.
- The Profit Margin and Operating Margin are not available for QH9 so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.23%
GM growth 5Y-2.07%
2. Health
2.1 Basic Checks
- QH9 does not have a ROIC to compare to the WACC, probably because it is not profitable.
- QH9 has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, QH9 has more shares outstanding
- Compared to 1 year ago, QH9 has a worse debt to assets ratio.
2.2 Solvency
- QH9 has an Altman-Z score of 0.65. This is a bad value and indicates that QH9 is not financially healthy and even has some risk of bankruptcy.
- QH9 has a Altman-Z score of 0.65. This is in the lower half of the industry: QH9 underperforms 67.74% of its industry peers.
- The Debt to FCF ratio of QH9 is 8.08, which is on the high side as it means it would take QH9, 8.08 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 8.08, QH9 perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
- A Debt/Equity ratio of 1.54 is on the high side and indicates that QH9 has dependencies on debt financing.
- QH9's Debt to Equity ratio of 1.54 is on the low side compared to the rest of the industry. QH9 is outperformed by 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | 8.08 | ||
| Altman-Z | 0.65 |
ROIC/WACCN/A
WACC10.29%
2.3 Liquidity
- A Current Ratio of 1.96 indicates that QH9 should not have too much problems paying its short term obligations.
- QH9 has a better Current ratio (1.96) than 67.74% of its industry peers.
- QH9 has a Quick Ratio of 1.23. This is a normal value and indicates that QH9 is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.23, QH9 is in line with its industry, outperforming 45.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
- QH9 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.71%, which is quite impressive.
- Looking at the last year, QH9 shows a very negative growth in Revenue. The Revenue has decreased by -19.70% in the last year.
- The Revenue has been growing by 11.72% on average over the past years. This is quite good.
EPS 1Y (TTM)105.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)-19.7%
Revenue growth 3Y17.9%
Revenue growth 5Y11.72%
Sales Q2Q%22.72%
3.2 Future
- Based on estimates for the next years, QH9 will show a very strong growth in Earnings Per Share. The EPS will grow by 60.13% on average per year.
- QH9 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.62% yearly.
EPS Next Y150.3%
EPS Next 2Y89.42%
EPS Next 3Y60.13%
EPS Next 5YN/A
Revenue Next Year17.09%
Revenue Next 2Y12.71%
Revenue Next 3Y12.62%
Revenue Next 5YN/A
3.3 Evolution
- 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
- QH9 is valuated quite expensively with a Price/Earnings ratio of 116.06.
- Compared to the rest of the industry, the Price/Earnings ratio of QH9 is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 27.21. QH9 is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 19.38, the valuation of QH9 can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, QH9 is valued a bit cheaper than 74.19% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of QH9 to the average of the S&P500 Index (25.98), we can say QH9 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 116.06 | ||
| Fwd PE | 19.38 |
4.2 Price Multiples
- 70.97% of the companies in the same industry are more expensive than QH9, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as QH9.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.34 | ||
| EV/EBITDA | 14.79 |
4.3 Compensation for Growth
- QH9's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as QH9's earnings are expected to grow with 60.13% in the coming years.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y89.42%
EPS Next 3Y60.13%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.65%, QH9 is a good candidate for dividend investing.
- QH9's Dividend Yield is rather good when compared to the industry average which is at 2.62. QH9 pays more dividend than 96.77% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, QH9 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.65% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y89.42%
EPS Next 3Y60.13%
ADTRAN INC / QH9.DE FAQ
What is the ChartMill fundamental rating of ADTRAN INC (QH9.DE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to QH9.DE.
What is the valuation status of ADTRAN INC (QH9.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to ADTRAN INC (QH9.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for ADTRAN INC?
ADTRAN INC (QH9.DE) has a profitability rating of 1 / 10.
What are the PE and PB ratios of ADTRAN INC (QH9.DE) stock?
The Price/Earnings (PE) ratio for ADTRAN INC (QH9.DE) is 116.06 and the Price/Book (PB) ratio is 5.4.
Can you provide the dividend sustainability for QH9 stock?
The dividend rating of ADTRAN INC (QH9.DE) is 6 / 10 and the dividend payout ratio is 0%.