UMICORE (UMI.BR)
BE0974320526 - Common Stock
Taking everything into account, UMI scores 4 out of 10 in our fundamental rating. UMI was compared to 63 industry peers in the Chemicals industry. Both the profitability and the financial health of UMI get a neutral evaluation. Nothing too spectacular is happening here. UMI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year UMI was profitable.
In the past year UMI had a positive cash flow from operations.
In the past 5 years UMI has always been profitable.
Each year in the past 5 years UMI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.86%, UMI is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.52%, UMI is in the better half of the industry, outperforming 74.19% of the companies in the same industry.
UMI has a better Return On Invested Capital (7.37%) than 72.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UMI is above the industry average of 7.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 10.52% | ||
| ROIC | 7.37% |
ROA(3y)5.48%
ROA(5y)4.42%
ROE(3y)15.54%
ROE(5y)12.57%
ROIC(3y)10.16%
ROIC(5y)8.82%
1.3 Margins
UMI's Profit Margin of 2.11% is in line compared to the rest of the industry. UMI outperforms 48.39% of its industry peers.
In the last couple of years the Profit Margin of UMI has declined.
Looking at the Operating Margin, with a value of 3.23%, UMI is in line with its industry, outperforming 51.61% of the companies in the same industry.
UMI's Operating Margin has been stable in the last couple of years.
UMI has a worse Gross Margin (8.24%) than 83.87% of its industry peers.
In the last couple of years the Gross Margin of UMI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.23% | ||
| PM (TTM) | 2.11% | ||
| GM | 8.24% |
OM growth 3Y19.34%
OM growth 5Y-0.8%
PM growth 3Y49.37%
PM growth 5Y-1.82%
GM growth 3Y13.74%
GM growth 5Y-1.13%
2. Health
2.1 Basic Checks
UMI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
UMI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for UMI has been reduced compared to 5 years ago.
UMI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.99 indicates that UMI is not in any danger for bankruptcy at the moment.
The Altman-Z score of UMI (2.99) is better than 70.97% of its industry peers.
The Debt to FCF ratio of UMI is 17.40, which is on the high side as it means it would take UMI, 17.40 years of fcf income to pay off all of its debts.
UMI has a Debt to FCF ratio of 17.40. This is comparable to the rest of the industry: UMI outperforms 43.55% of its industry peers.
UMI has a Debt/Equity ratio of 0.55. This is a neutral value indicating UMI is somewhat dependend on debt financing.
UMI's Debt to Equity ratio of 0.55 is in line compared to the rest of the industry. UMI outperforms 41.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 17.4 | ||
| Altman-Z | 2.99 |
ROIC/WACC1.21
WACC6.07%
2.3 Liquidity
UMI has a Current Ratio of 1.62. This is a normal value and indicates that UMI is financially healthy and should not expect problems in meeting its short term obligations.
UMI's Current ratio of 1.62 is on the low side compared to the rest of the industry. UMI is outperformed by 62.90% of its industry peers.
UMI has a Quick Ratio of 1.62. This is a bad value and indicates that UMI is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.82, UMI is doing worse than 80.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The earnings per share for UMI have decreased strongly by -24.70% in the last year.
Measured over the past 5 years, UMI shows a small growth in Earnings Per Share. The EPS has been growing by 4.10% on average per year.
Looking at the last year, UMI shows a very negative growth in Revenue. The Revenue has decreased by -28.19% in the last year.
Measured over the past years, UMI shows a small growth in Revenue. The Revenue has been growing by 5.90% on average per year.
EPS 1Y (TTM)-24.7%
EPS 3Y11.55%
EPS 5Y4.1%
EPS Q2Q%-21.24%
Revenue 1Y (TTM)-28.19%
Revenue growth 3Y-4.1%
Revenue growth 5Y5.9%
Sales Q2Q%-85.58%
3.2 Future
UMI is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.77% yearly.
UMI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.73% yearly.
EPS Next Y-26.08%
EPS Next 2Y-10.62%
EPS Next 3Y-5.88%
EPS Next 5Y-0.77%
Revenue Next Year-7.39%
Revenue Next 2Y-1.26%
Revenue Next 3Y0.74%
Revenue Next 5Y1.73%
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.
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
The Price/Earnings ratio is 7.05, which indicates a rather cheap valuation of UMI.
98.39% of the companies in the same industry are more expensive than UMI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 24.41. UMI is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 9.54, the valuation of UMI can be described as very reasonable.
UMI's Price/Forward Earnings ratio is rather cheap when compared to the industry. UMI is cheaper than 85.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.59, UMI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
85.48% of the companies in the same industry are more expensive than UMI, based on the Enterprise Value to EBITDA ratio.
UMI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. UMI is cheaper than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.96 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
UMI's earnings are expected to decrease with -5.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.72
EPS Next 2Y-10.62%
EPS Next 3Y-5.88%
5. Dividend
5.1 Amount
UMI has a Yearly Dividend Yield of 3.92%.
The stock price of UMI dropped by -37.69% 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 3.67, UMI pays a better dividend. On top of this UMI pays more dividend than 85.48% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, UMI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
The dividend of UMI has a limited annual growth rate of 1.00%.
Dividend Growth(5Y)1%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
UMI pays out 49.94% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.94%
EPS Next 2Y-10.62%
EPS Next 3Y-5.88%
UMICORE
EBR:UMI (7/26/2024, 7:00:00 PM)
13.11
-0.69 (-5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 9.54 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 10.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.23% | ||
| PM (TTM) | 2.11% | ||
| GM | 8.24% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-24.7%
EPS 3Y11.55%
EPS 5Y
EPS Q2Q%
EPS Next Y-26.08%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-28.19%
Revenue growth 3Y-4.1%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y