TRIGANO SA (TRI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:TRI - FR0005691656 - Common Stock
175.2 EUR
-0.2 (-0.11%)
We assign a fundamental rating of 7 out of 10 to TRI. TRI was compared to 32 industry peers in the Automobiles industry. TRI gets an excellent profitability rating and is at the same time showing great financial health properties. TRI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year TRI was profitable.
- TRI had a positive operating cash flow in the past year.
- In the past 5 years TRI has always been profitable.
- TRI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.31%, TRI belongs to the top of the industry, outperforming 90.63% of the companies in the same industry.
- TRI has a Return On Equity of 11.50%. This is amongst the best in the industry. TRI outperforms 90.63% of its industry peers.
- TRI has a Return On Invested Capital of 10.27%. This is amongst the best in the industry. TRI outperforms 90.63% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TRI is significantly above the industry average of 6.07%.
- The 3 year average ROIC (15.02%) for TRI is well above the current ROIC(10.27%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 11.5% | ||
| ROIC | 10.27% |
ROA(3y)10.83%
ROA(5y)10.91%
ROE(3y)16.75%
ROE(5y)17.99%
ROIC(3y)15.02%
ROIC(5y)15.92%
1.3 Margins
- TRI has a better Profit Margin (6.54%) than 93.75% of its industry peers.
- TRI's Profit Margin has been stable in the last couple of years.
- With an excellent Operating Margin value of 9.17%, TRI belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
- TRI's Operating Margin has improved in the last couple of years.
- TRI has a better Gross Margin (32.18%) than 81.25% of its industry peers.
- In the last couple of years the Gross Margin of TRI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.17% | ||
| PM (TTM) | 6.54% | ||
| GM | 32.18% |
OM growth 3Y-5.25%
OM growth 5Y2.07%
PM growth 3Y-9.3%
PM growth 5Y0.47%
GM growth 3Y-0.32%
GM growth 5Y0.67%
2. Health
2.1 Basic Checks
- TRI 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, TRI has about the same amount of shares outstanding.
- Compared to 5 years ago, TRI has less shares outstanding
- TRI has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.49 indicates that TRI is not in any danger for bankruptcy at the moment.
- TRI has a better Altman-Z score (4.49) than 93.75% of its industry peers.
- The Debt to FCF ratio of TRI is 0.71, which is an excellent value as it means it would take TRI, only 0.71 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TRI (0.71) is better than 100.00% of its industry peers.
- A Debt/Equity ratio of 0.12 indicates that TRI is not too dependend on debt financing.
- TRI has a Debt to Equity ratio of 0.12. This is amongst the best in the industry. TRI outperforms 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 4.49 |
ROIC/WACC1.35
WACC7.62%
2.3 Liquidity
- A Current Ratio of 2.52 indicates that TRI has no problem at all paying its short term obligations.
- TRI has a better Current ratio (2.52) than 93.75% of its industry peers.
- TRI has a Quick Ratio of 1.46. This is a normal value and indicates that TRI is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of TRI (1.46) is better than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.52 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
- The earnings per share for TRI have decreased strongly by -35.01% in the last year.
- TRI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.41% yearly.
- Looking at the last year, TRI shows a decrease in Revenue. The Revenue has decreased by -6.78% in the last year.
- TRI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.88% yearly.
EPS 1Y (TTM)-35.01%
EPS 3Y-5.23%
EPS 5Y11.41%
EPS Q2Q%-28.84%
Revenue 1Y (TTM)-6.78%
Revenue growth 3Y4.83%
Revenue growth 5Y10.88%
Sales Q2Q%-1.76%
3.2 Future
- TRI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.83% yearly.
- TRI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.72% yearly.
EPS Next Y14.25%
EPS Next 2Y10.48%
EPS Next 3Y8.83%
EPS Next 5YN/A
Revenue Next Year6.28%
Revenue Next 2Y5.13%
Revenue Next 3Y4.51%
Revenue Next 5Y3.72%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.12 indicates a correct valuation of TRI.
- The rest of the industry has a similar Price/Earnings ratio as TRI.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, TRI is valued a bit cheaper.
- A Price/Forward Earnings ratio of 10.99 indicates a reasonable valuation of TRI.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TRI is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. TRI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.12 | ||
| Fwd PE | 10.99 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRI is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, TRI is valued cheaper than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.51 | ||
| EV/EBITDA | 9.3 |
4.3 Compensation for Growth
- TRI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- TRI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)1.24
EPS Next 2Y10.48%
EPS Next 3Y8.83%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.08%, TRI has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.74, TRI has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, TRI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
- On average, the dividend of TRI grows each year by 12.17%, which is quite nice.
Dividend Growth(5Y)12.17%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 28.21% of the earnings are spent on dividend by TRI. This is a low number and sustainable payout ratio.
- TRI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.21%
EPS Next 2Y10.48%
EPS Next 3Y8.83%
TRIGANO SA / TRI.PA FAQ
What is the fundamental rating for TRI stock?
ChartMill assigns a fundamental rating of 7 / 10 to TRI.PA.
What is the valuation status for TRI stock?
ChartMill assigns a valuation rating of 6 / 10 to TRIGANO SA (TRI.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for TRIGANO SA?
TRIGANO SA (TRI.PA) has a profitability rating of 9 / 10.
How financially healthy is TRIGANO SA?
The financial health rating of TRIGANO SA (TRI.PA) is 9 / 10.
Is the dividend of TRIGANO SA sustainable?
The dividend rating of TRIGANO SA (TRI.PA) is 4 / 10 and the dividend payout ratio is 28.21%.