RUBIS (RUI.PA)
FR0013269123 - Common Stock
We assign a fundamental rating of 5 out of 10 to RUI. RUI was compared to 5 industry peers in the Gas Utilities industry. RUI has an average financial health and profitability rating. RUI may be a bit undervalued, certainly considering the very reasonable score on growth RUI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year RUI was profitable.
In the past year RUI had a positive cash flow from operations.
RUI had positive earnings in each of the past 5 years.
RUI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RUI has a Return On Assets of 4.25%. This is in the better half of the industry: RUI outperforms 80.00% of its industry peers.
The Return On Equity of RUI (10.21%) is comparable to the rest of the industry.
RUI has a Return On Invested Capital of 9.52%. This is amongst the best in the industry. RUI outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RUI is in line with the industry average of 6.29%.
The last Return On Invested Capital (9.52%) for RUI is above the 3 year average (7.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 10.21% | ||
| ROIC | 9.52% |
ROA(3y)5.1%
ROA(5y)5.22%
ROE(3y)10.67%
ROE(5y)11.23%
ROIC(3y)7.46%
ROIC(5y)7.5%
1.3 Margins
RUI has a worse Profit Margin (3.68%) than 80.00% of its industry peers.
RUI's Profit Margin has declined in the last couple of years.
RUI's Operating Margin of 8.20% is on the low side compared to the rest of the industry. RUI is outperformed by 60.00% of its industry peers.
RUI's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 21.76%, RUI is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of RUI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.2% | ||
| PM (TTM) | 3.68% | ||
| GM | 21.76% |
OM growth 3Y-3.23%
OM growth 5Y-5.28%
PM growth 3Y-14.41%
PM growth 5Y-11.41%
GM growth 3Y-5.67%
GM growth 5Y-8.27%
2. Health
2.1 Basic Checks
RUI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
RUI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for RUI has been increased compared to 5 years ago.
Compared to 1 year ago, RUI has a worse debt to assets ratio.
2.2 Solvency
RUI has an Altman-Z score of 2.21. This is not the best score and indicates that RUI is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of RUI (2.21) is better than 100.00% of its industry peers.
The Debt to FCF ratio of RUI is 8.39, which is on the high side as it means it would take RUI, 8.39 years of fcf income to pay off all of its debts.
RUI has a better Debt to FCF ratio (8.39) than 100.00% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that RUI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, RUI is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 8.39 | ||
| Altman-Z | 2.21 |
ROIC/WACC1.84
WACC5.19%
2.3 Liquidity
A Current Ratio of 1.31 indicates that RUI should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.31, RUI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.93 indicates that RUI may have some problems paying its short term obligations.
RUI's Quick ratio of 0.93 is fine compared to the rest of the industry. RUI outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
The earnings per share for RUI have decreased strongly by -20.46% in the last year.
Measured over the past years, RUI shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.11% on average per year.
Looking at the last year, RUI shows a very strong growth in Revenue. The Revenue has grown by 23.00%.
Measured over the past years, RUI shows a quite strong growth in Revenue. The Revenue has been growing by 12.65% on average per year.
EPS 1Y (TTM)-20.46%
EPS 3Y-6.07%
EPS 5Y-2.11%
EPS growth Q2Q0.24%
Revenue 1Y (TTM)23%
Revenue growth 3Y10.92%
Revenue growth 5Y12.65%
Revenue growth Q2Q1.04%
3.2 Future
Based on estimates for the next years, RUI will show a small growth in Earnings Per Share. The EPS will grow by 5.89% on average per year.
RUI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.33% yearly.
EPS Next Y4.25%
EPS Next 2Y5.66%
EPS Next 3Y5.89%
EPS Next 5YN/A
Revenue Next Year-2.69%
Revenue Next 2Y-0.4%
Revenue Next 3Y-0.33%
Revenue Next 5YN/A
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.
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 8.66 indicates a reasonable valuation of RUI.
Based on the Price/Earnings ratio, RUI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 24.54. RUI is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.45, which indicates a rather cheap valuation of RUI.
Based on the Price/Forward Earnings ratio, RUI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 19.65, RUI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 6.45 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than RUI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RUI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.42 | ||
| EV/EBITDA | 5.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.04
PEG (5Y)N/A
EPS Next 2Y5.66%
EPS Next 3Y5.89%
5. Dividend
5.1 Amount
RUI has a Yearly Dividend Yield of 8.63%, which is a nice return.
Compared to an average industry Dividend Yield of 6.28, RUI pays a better dividend. On top of this RUI pays more dividend than 100.00% of the companies listed in the same industry.
RUI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
5.2 History
The dividend of RUI has a limited annual growth rate of 5.26%.
Dividend Growth(5Y)5.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
74.89% of the earnings are spent on dividend by RUI. This is not a sustainable payout ratio.
RUI's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP74.89%
EPS Next 2Y5.66%
EPS Next 3Y5.89%
RUBIS
EPA:RUI (11/29/2023, 7:00:00 PM)
22.16
0 (0%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.28B
Analysts82
Price Target33.07 (49.23%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
Dividend Growth(5Y)5.26%
DP74.89%
Div Incr Years0
Div Non Decr Years0
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
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
PT rev (1m)0%
PT rev (3m)-4.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.72%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 6.45 | ||
| P/S | 0.32 | ||
| P/FCF | 8.42 | ||
| P/OCF | 4.04 | ||
| P/B | 0.88 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 5.11 |
EPS(TTM)2.56
EY11.55%
EPS(NY)3.44
Fwd EY15.5%
FCF(TTM)2.63
FCFY11.88%
OCF(TTM)5.48
OCFY24.73%
SpS69.53
BVpS25.06
TBVpS7.98
PEG (NY)2.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 10.21% | ||
| ROCE | 12.54% | ||
| ROIC | 9.52% | ||
| ROICexc | 10.85% | ||
| ROICexgc | 18.02% | ||
| OM | 8.2% | ||
| PM (TTM) | 3.68% | ||
| GM | 21.76% | ||
| FCFM | 3.79% |
ROA(3y)5.1%
ROA(5y)5.22%
ROE(3y)10.67%
ROE(5y)11.23%
ROIC(3y)7.46%
ROIC(5y)7.5%
ROICexc(3y)9.39%
ROICexc(5y)9.4%
ROICexgc(3y)15.44%
ROICexgc(5y)15.2%
ROCE(3y)9.71%
ROCE(5y)9.62%
ROICexcg growth 3Y0.46%
ROICexcg growth 5Y-2.68%
ROICexc growth 3Y-1.38%
ROICexc growth 5Y-2.67%
OM growth 3Y-3.23%
OM growth 5Y-5.28%
PM growth 3Y-14.41%
PM growth 5Y-11.41%
GM growth 3Y-5.67%
GM growth 5Y-8.27%
F-Score4
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 8.39 | ||
| Debt/EBITDA | 2.63 | ||
| Cap/Depr | 257.41% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | 10.03 | ||
| Cash Conversion | 80.45% | ||
| Profit Quality | 102.91% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 2.21 |
F-Score4
WACC5.19%
ROIC/WACC1.84
Cap/Depr(3y)170.61%
Cap/Depr(5y)165.51%
Cap/Sales(3y)4.8%
Cap/Sales(5y)4.82%
Profit Quality(3y)75.92%
Profit Quality(5y)68.07%
Growth
EPS 1Y (TTM)-20.46%
EPS 3Y-6.07%
EPS 5Y-2.11%
EPS growth Q2Q0.24%
EPS Next Y4.25%
EPS Next 2Y5.66%
EPS Next 3Y5.89%
EPS Next 5YN/A
Revenue 1Y (TTM)23%
Revenue growth 3Y10.92%
Revenue growth 5Y12.65%
Revenue growth Q2Q1.04%
Revenue Next Year-2.69%
Revenue Next 2Y-0.4%
Revenue Next 3Y-0.33%
Revenue Next 5YN/A
EBIT growth 1Y31.41%
EBIT growth 3Y7.33%
EBIT growth 5Y6.7%
EBIT Next Year52.01%
EBIT Next 3Y17.92%
EBIT Next 5YN/A
FCF growth 1Y189.2%
FCF growth 3Y-11.42%
FCF growth 5Y5.89%
OCF growth 1Y88.05%
OCF growth 3Y-3.17%
OCF growth 5Y5.13%