PUMA SE (1PUM.MI) Stock Fundamental Analysis
BIT:1PUM - Euronext Milan - DE0006969603 - Common Stock - Currency: EUR
1PUM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Textiles, Apparel & Luxury Goods industry. There are concerns on the financial health of 1PUM while its profitability can be described as average. 1PUM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year 1PUM was profitable.
1PUM had a positive operating cash flow in the past year.
Each year in the past 5 years 1PUM has been profitable.
In the past 5 years 1PUM always reported a positive cash flow from operatings.
1.2 Ratios
1PUM has a Return On Assets of 3.76%. This is comparable to the rest of the industry: 1PUM outperforms 56.82% of its industry peers.
1PUM has a Return On Equity (9.86%) which is comparable to the rest of the industry.
1PUM has a Return On Invested Capital of 11.37%. This is comparable to the rest of the industry: 1PUM outperforms 56.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1PUM is in line with the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 9.86% | ||
| ROIC | 11.37% |
ROA(3y)5.07%
ROA(5y)4.58%
ROE(3y)13.41%
ROE(5y)11.76%
ROIC(3y)11.83%
ROIC(5y)10.61%
1.3 Margins
1PUM has a Profit Margin of 3.07%. This is in the lower half of the industry: 1PUM underperforms 61.36% of its industry peers.
In the last couple of years the Profit Margin of 1PUM has declined.
The Operating Margin of 1PUM (7.13%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of 1PUM has remained more or less at the same level.
The Gross Margin of 1PUM (47.10%) is worse than 77.27% of its industry peers.
1PUM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.13% | ||
| PM (TTM) | 3.07% | ||
| GM | 47.1% |
OM growth 3Y20.82%
OM growth 5Y-0.62%
PM growth 3Y32.98%
PM growth 5Y-2.54%
GM growth 3Y-0.44%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1PUM is still creating some value.
1PUM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for 1PUM has been increased compared to 5 years ago.
1PUM has a worse debt/assets ratio than last year.
2.2 Solvency
1PUM has a debt to FCF ratio of 3.96. This is a good value and a sign of high solvency as 1PUM would need 3.96 years to pay back of all of its debts.
1PUM has a Debt to FCF ratio of 3.96. This is comparable to the rest of the industry: 1PUM outperforms 47.73% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that 1PUM is somewhat dependend on debt financing.
1PUM has a Debt to Equity ratio (0.50) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | N/A |
ROIC/WACC1.63
WACC6.96%
2.3 Liquidity
1PUM has a Current Ratio of 1.46. This is a normal value and indicates that 1PUM is financially healthy and should not expect problems in meeting its short term obligations.
1PUM has a Current ratio (1.46) which is in line with its industry peers.
A Quick Ratio of 0.78 indicates that 1PUM may have some problems paying its short term obligations.
1PUM has a Quick ratio of 0.78. This is comparable to the rest of the industry: 1PUM outperforms 52.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
1PUM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.18%.
Measured over the past years, 1PUM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.63% on average per year.
Looking at the last year, 1PUM shows a decrease in Revenue. The Revenue has decreased by -3.47% in the last year.
1PUM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.10% yearly.
EPS 1Y (TTM)-16.18%
EPS 3Y57.46%
EPS 5Y9.63%
EPS Q2Q%-3.41%
Revenue 1Y (TTM)-3.47%
Revenue growth 3Y18.01%
Revenue growth 5Y13.1%
Sales Q2Q%-0.13%
3.2 Future
Based on estimates for the next years, 1PUM will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.35% on average per year.
Based on estimates for the next years, 1PUM will show a small growth in Revenue. The Revenue will grow by 6.13% on average per year.
EPS Next Y-4.26%
EPS Next 2Y9.07%
EPS Next 3Y12.1%
EPS Next 5Y14.35%
Revenue Next Year2.51%
Revenue Next 2Y4.72%
Revenue Next 3Y5.49%
Revenue Next 5Y6.13%
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
1PUM is valuated rather expensively with a Price/Earnings ratio of 17.09.
Based on the Price/Earnings ratio, 1PUM is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
1PUM is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.10, the valuation of 1PUM can be described as correct.
Based on the Price/Forward Earnings ratio, 1PUM is valued cheaply inside the industry as 84.09% of the companies are valued more expensively.
1PUM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.09 | ||
| Fwd PE | 12.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1PUM is valued a bit cheaper than the industry average as 68.18% of the companies are valued more expensively.
70.45% of the companies in the same industry are more expensive than 1PUM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.58 | ||
| EV/EBITDA | 6.35 |
4.3 Compensation for Growth
1PUM's earnings are expected to grow with 12.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.78
EPS Next 2Y9.07%
EPS Next 3Y12.1%
5. Dividend
5.1 Amount
1PUM has a Yearly Dividend Yield of 2.77%.
In the last 3 months the price of 1PUM has falen by -27.29%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.02, 1PUM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, 1PUM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
5.2 History
The dividend of 1PUM decreases each year by -8.08%.
Dividend Growth(5Y)-8.08%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
1PUM pays out 46.92% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.92%
EPS Next 2Y9.07%
EPS Next 3Y12.1%
BIT:1PUM (3/7/2025, 7:00:00 PM)
29.23
+0.79 (+2.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners81.14%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.38B
Analysts73.1
Price Target45.3 (54.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
Yearly Dividend0.82
Dividend Growth(5Y)-8.08%
DP46.92%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.81%
Min EPS beat(2)-26.17%
Max EPS beat(2)4.56%
EPS beat(4)1
Avg EPS beat(4)-32.52%
Min EPS beat(4)-100%
Max EPS beat(4)4.56%
EPS beat(8)2
Avg EPS beat(8)-26.69%
EPS beat(12)4
Avg EPS beat(12)-22.69%
EPS beat(16)8
Avg EPS beat(16)-15.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-2.49%
Max Revenue beat(2)-0.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.67%
Min Revenue beat(4)-6.28%
Max Revenue beat(4)-0.69%
Revenue beat(8)4
Avg Revenue beat(8)-0.5%
Revenue beat(12)8
Avg Revenue beat(12)0.95%
Revenue beat(16)11
Avg Revenue beat(16)1.41%
PT rev (1m)-6.88%
PT rev (3m)-13.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.25%
EPS NY rev (1m)-2.56%
EPS NY rev (3m)-8.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.09 | ||
| Fwd PE | 12.1 | ||
| P/S | 0.51 | ||
| P/FCF | 8.58 | ||
| P/OCF | 5.73 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 6.35 |
EPS(TTM)1.71
EY5.85%
EPS(NY)2.41
Fwd EY8.26%
FCF(TTM)3.4
FCFY11.65%
OCF(TTM)5.1
OCFY17.44%
SpS56.87
BVpS17.73
TBVpS17.73
PEG (NY)N/A
PEG (5Y)1.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 9.86% | ||
| ROCE | 14.93% | ||
| ROIC | 11.37% | ||
| ROICexc | 12.18% | ||
| ROICexgc | 12.18% | ||
| OM | 7.13% | ||
| PM (TTM) | 3.07% | ||
| GM | 47.1% | ||
| FCFM | 5.99% |
ROA(3y)5.07%
ROA(5y)4.58%
ROE(3y)13.41%
ROE(5y)11.76%
ROIC(3y)11.83%
ROIC(5y)10.61%
ROICexc(3y)14.19%
ROICexc(5y)12.96%
ROICexgc(3y)16.83%
ROICexgc(5y)15.68%
ROCE(3y)15.54%
ROCE(5y)13.93%
ROICexcg growth 3Y18.12%
ROICexcg growth 5Y-8.26%
ROICexc growth 3Y20.86%
ROICexc growth 5Y-4.95%
OM growth 3Y20.82%
OM growth 5Y-0.62%
PM growth 3Y32.98%
PM growth 5Y-2.54%
GM growth 3Y-0.44%
GM growth 5Y-0.86%
F-Score4
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.96 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 70.91% | ||
| Cap/Sales | 2.98% | ||
| Interest Coverage | 5.08 | ||
| Cash Conversion | 79.14% | ||
| Profit Quality | 194.77% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | N/A |
F-Score4
WACC6.96%
ROIC/WACC1.63
Cap/Depr(3y)74.57%
Cap/Depr(5y)72.75%
Cap/Sales(3y)3.19%
Cap/Sales(5y)3.29%
Profit Quality(3y)80.95%
Profit Quality(5y)142.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.18%
EPS 3Y57.46%
EPS 5Y9.63%
EPS Q2Q%-3.41%
EPS Next Y-4.26%
EPS Next 2Y9.07%
EPS Next 3Y12.1%
EPS Next 5Y14.35%
Revenue 1Y (TTM)-3.47%
Revenue growth 3Y18.01%
Revenue growth 5Y13.1%
Sales Q2Q%-0.13%
Revenue Next Year2.51%
Revenue Next 2Y4.72%
Revenue Next 3Y5.49%
Revenue Next 5Y6.13%
EBIT growth 1Y3.04%
EBIT growth 3Y42.57%
EBIT growth 5Y12.39%
EBIT Next Year62.55%
EBIT Next 3Y25.72%
EBIT Next 5Y15.8%
FCF growth 1Y91.69%
FCF growth 3Y9.31%
FCF growth 5Y19.02%
OCF growth 1Y65.34%
OCF growth 3Y15.75%
OCF growth 5Y18.64%