ROCHE BOBOIS SA (RBO.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:RBO - FR0013344173 - Common Stock
28.6 EUR
+0.7 (+2.51%)
We assign a fundamental rating of 4 out of 10 to RBO. RBO was compared to 32 industry peers in the Household Durables industry. RBO has an excellent profitability rating, but there are concerns on its financial health. RBO is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- RBO had positive earnings in the past year.
- In the past year RBO had a positive cash flow from operations.
- Each year in the past 5 years RBO has been profitable.
- In the past 5 years RBO always reported a positive cash flow from operatings.
1.2 Ratios
- RBO's Return On Assets of 2.85% is fine compared to the rest of the industry. RBO outperforms 68.75% of its industry peers.
- RBO's Return On Equity of 15.29% is fine compared to the rest of the industry. RBO outperforms 78.13% of its industry peers.
- With a decent Return On Invested Capital value of 7.49%, RBO is doing good in the industry, outperforming 71.88% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for RBO is in line with the industry average of 9.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.85% | ||
| ROE | 15.29% | ||
| ROIC | 7.49% |
ROA(3y)5.86%
ROA(5y)5.01%
ROE(3y)26.86%
ROE(5y)23.78%
ROIC(3y)11.35%
ROIC(5y)9.98%
1.3 Margins
- The Profit Margin of RBO (3.19%) is better than 65.63% of its industry peers.
- RBO's Profit Margin has improved in the last couple of years.
- The Operating Margin of RBO (6.10%) is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of RBO has grown nicely.
- RBO has a Gross Margin of 65.74%. This is amongst the best in the industry. RBO outperforms 87.50% of its industry peers.
- In the last couple of years the Gross Margin of RBO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.1% | ||
| PM (TTM) | 3.19% | ||
| GM | 65.74% |
OM growth 3Y-8.83%
OM growth 5Y2.02%
PM growth 3Y-12.41%
PM growth 5Y2.16%
GM growth 3Y0.33%
GM growth 5Y0.38%
2. Health
2.1 Basic Checks
- RBO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, RBO has more shares outstanding
- RBO has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, RBO has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.60, we must say that RBO is in the distress zone and has some risk of bankruptcy.
- RBO has a Altman-Z score of 1.60. This is in the lower half of the industry: RBO underperforms 68.75% of its industry peers.
- The Debt to FCF ratio of RBO is 3.92, which is a good value as it means it would take RBO, 3.92 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of RBO (3.92) is better than 75.00% of its industry peers.
- A Debt/Equity ratio of 1.72 is on the high side and indicates that RBO has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.72, RBO is doing worse than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.6 |
ROIC/WACC1.36
WACC5.51%
2.3 Liquidity
- A Current Ratio of 0.92 indicates that RBO may have some problems paying its short term obligations.
- With a Current ratio value of 0.92, RBO is not doing good in the industry: 84.38% of the companies in the same industry are doing better.
- A Quick Ratio of 0.45 indicates that RBO may have some problems paying its short term obligations.
- RBO's Quick ratio of 0.45 is on the low side compared to the rest of the industry. RBO is outperformed by 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
- The earnings per share for RBO have decreased strongly by -33.04% in the last year.
- The Earnings Per Share has been growing by 9.96% on average over the past years. This is quite good.
- Looking at the last year, RBO shows a small growth in Revenue. The Revenue has grown by 0.82% in the last year.
- The Revenue has been growing by 8.55% on average over the past years. This is quite good.
EPS 1Y (TTM)-33.04%
EPS 3Y-5.37%
EPS 5Y9.96%
EPS Q2Q%-28.86%
Revenue 1Y (TTM)0.82%
Revenue growth 3Y7.42%
Revenue growth 5Y8.55%
Sales Q2Q%0.87%
3.2 Future
- Based on estimates for the next years, RBO will show a decrease in Earnings Per Share. The EPS will decrease by -2.62% on average per year.
- RBO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.33% yearly.
EPS Next Y-32.21%
EPS Next 2Y-11.12%
EPS Next 3Y-2.62%
EPS Next 5YN/A
Revenue Next Year-1.63%
Revenue Next 2Y0.55%
Revenue Next 3Y1.55%
Revenue Next 5Y3.33%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.67 indicates a rather expensive valuation of RBO.
- The rest of the industry has a similar Price/Earnings ratio as RBO.
- When comparing the Price/Earnings ratio of RBO to the average of the S&P500 Index (27.30), we can say RBO is valued slightly cheaper.
- RBO is valuated rather expensively with a Price/Forward Earnings ratio of 19.13.
- RBO's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. RBO is more expensive than 75.00% of the companies in the same industry.
- RBO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.67 | ||
| Fwd PE | 19.13 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, RBO is valued a bit cheaper than the industry average as 71.88% of the companies are valued more expensively.
- 90.63% of the companies in the same industry are more expensive than RBO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.47 | ||
| EV/EBITDA | 5.91 |
4.3 Compensation for Growth
- RBO has a very decent profitability rating, which may justify a higher PE ratio.
- RBO's earnings are expected to decrease with -2.62% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.18
EPS Next 2Y-11.12%
EPS Next 3Y-2.62%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.13%, RBO is a good candidate for dividend investing.
- The stock price of RBO dropped by -22.07% 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.
- RBO's Dividend Yield is a higher than the industry average which is at 2.84.
- Compared to an average S&P500 Dividend Yield of 1.82, RBO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
- On average, the dividend of RBO grows each year by 35.01%, which is quite nice.
Dividend Growth(5Y)35.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- RBO pays out 98.11% of its income as dividend. This is not a sustainable payout ratio.
- RBO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP98.11%
EPS Next 2Y-11.12%
EPS Next 3Y-2.62%
ROCHE BOBOIS SA / RBO.PA FAQ
What is the ChartMill fundamental rating of ROCHE BOBOIS SA (RBO.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to RBO.PA.
Can you provide the valuation status for ROCHE BOBOIS SA?
ChartMill assigns a valuation rating of 4 / 10 to ROCHE BOBOIS SA (RBO.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for ROCHE BOBOIS SA?
ROCHE BOBOIS SA (RBO.PA) has a profitability rating of 7 / 10.
How financially healthy is ROCHE BOBOIS SA?
The financial health rating of ROCHE BOBOIS SA (RBO.PA) is 2 / 10.
Is the dividend of ROCHE BOBOIS SA sustainable?
The dividend rating of ROCHE BOBOIS SA (RBO.PA) is 6 / 10 and the dividend payout ratio is 98.11%.