SIEMENS HEALTHINEERS AG (1SHL.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1SHL - DE000SHL1006 - Common Stock
46.88 EUR
+0.45 (+0.97%)
Taking everything into account, 1SHL scores 5 out of 10 in our fundamental rating. 1SHL was compared to 63 industry peers in the Health Care Equipment & Supplies industry. 1SHL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1SHL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year 1SHL was profitable.
- In the past year 1SHL had a positive cash flow from operations.
- 1SHL had positive earnings in each of the past 5 years.
- Each year in the past 5 years 1SHL had a positive operating cash flow.
1.2 Ratios
- 1SHL has a better Return On Assets (4.83%) than 64.18% of its industry peers.
- The Return On Equity of 1SHL (11.88%) is better than 67.16% of its industry peers.
- With a Return On Invested Capital value of 7.66%, 1SHL perfoms like the industry average, outperforming 58.21% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for 1SHL is below the industry average of 9.95%.
- The 3 year average ROIC (6.28%) for 1SHL is below the current ROIC(7.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 11.88% | ||
| ROIC | 7.66% |
ROA(3y)4.09%
ROA(5y)4.11%
ROE(3y)10.3%
ROE(5y)10.39%
ROIC(3y)6.28%
ROIC(5y)6.22%
1.3 Margins
- Looking at the Profit Margin, with a value of 9.17%, 1SHL is in the better half of the industry, outperforming 65.67% of the companies in the same industry.
- 1SHL's Profit Margin has been stable in the last couple of years.
- The Operating Margin of 1SHL (13.53%) is better than 61.19% of its industry peers.
- 1SHL's Operating Margin has been stable in the last couple of years.
- 1SHL has a Gross Margin of 38.63%. This is amonst the worse of the industry: 1SHL underperforms 80.60% of its industry peers.
- In the last couple of years the Gross Margin of 1SHL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.53% | ||
| PM (TTM) | 9.17% | ||
| GM | 38.63% |
OM growth 3Y0.16%
OM growth 5Y0.1%
PM growth 3Y-0.76%
PM growth 5Y-1.23%
GM growth 3Y1.02%
GM growth 5Y0.02%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1SHL is still creating some value.
- 1SHL has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for 1SHL has been increased compared to 5 years ago.
- Compared to 1 year ago, 1SHL has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.11 indicates that 1SHL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- 1SHL has a Altman-Z score of 2.11. This is comparable to the rest of the industry: 1SHL outperforms 46.27% of its industry peers.
- The Debt to FCF ratio of 1SHL is 5.45, which is a neutral value as it means it would take 1SHL, 5.45 years of fcf income to pay off all of its debts.
- 1SHL has a Debt to FCF ratio of 5.45. This is comparable to the rest of the industry: 1SHL outperforms 50.75% of its industry peers.
- 1SHL has a Debt/Equity ratio of 0.63. This is a neutral value indicating 1SHL is somewhat dependend on debt financing.
- 1SHL's Debt to Equity ratio of 0.63 is on the low side compared to the rest of the industry. 1SHL is outperformed by 67.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.45 | ||
| Altman-Z | 2.11 |
ROIC/WACC1.15
WACC6.63%
2.3 Liquidity
- 1SHL has a Current Ratio of 1.11. This is a normal value and indicates that 1SHL is financially healthy and should not expect problems in meeting its short term obligations.
- 1SHL has a Current ratio of 1.11. This is in the lower half of the industry: 1SHL underperforms 71.64% of its industry peers.
- A Quick Ratio of 0.79 indicates that 1SHL may have some problems paying its short term obligations.
- 1SHL's Quick ratio of 0.79 is on the low side compared to the rest of the industry. 1SHL is outperformed by 71.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- 1SHL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.17%.
- 1SHL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.29% yearly.
- Looking at the last year, 1SHL shows a small growth in Revenue. The Revenue has grown by 4.53% in the last year.
- Measured over the past years, 1SHL shows a quite strong growth in Revenue. The Revenue has been growing by 10.08% on average per year.
EPS 1Y (TTM)7.17%
EPS 3Y1.29%
EPS 5Y11.29%
EPS Q2Q%1.49%
Revenue 1Y (TTM)4.53%
Revenue growth 3Y2.49%
Revenue growth 5Y10.08%
Sales Q2Q%-0.11%
3.2 Future
- The Earnings Per Share is expected to grow by 9.85% on average over the next years. This is quite good.
- Based on estimates for the next years, 1SHL will show a small growth in Revenue. The Revenue will grow by 5.74% on average per year.
EPS Next Y-0.73%
EPS Next 2Y5.79%
EPS Next 3Y8.53%
EPS Next 5Y9.85%
Revenue Next Year2.83%
Revenue Next 2Y4.53%
Revenue Next 3Y5.13%
Revenue Next 5Y5.74%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 19.62 indicates a rather expensive valuation of 1SHL.
- Compared to the rest of the industry, the Price/Earnings ratio of 1SHL indicates a rather cheap valuation: 1SHL is cheaper than 80.60% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, 1SHL is valued a bit cheaper.
- 1SHL is valuated rather expensively with a Price/Forward Earnings ratio of 19.76.
- Based on the Price/Forward Earnings ratio, 1SHL is valued a bit cheaper than the industry average as 61.19% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, 1SHL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.62 | ||
| Fwd PE | 19.76 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1SHL is valued a bit cheaper than the industry average as 64.18% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, 1SHL is valued cheaply inside the industry as 80.60% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.48 | ||
| EV/EBITDA | 14.54 |
4.3 Compensation for Growth
- 1SHL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.74
EPS Next 2Y5.79%
EPS Next 3Y8.53%
5. Dividend
5.1 Amount
- 1SHL has a Yearly Dividend Yield of 2.27%.
- 1SHL's Dividend Yield is rather good when compared to the industry average which is at 0.96. 1SHL pays more dividend than 82.09% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 1SHL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
5.2 History
- The dividend of 1SHL has a limited annual growth rate of 4.38%.
Dividend Growth(5Y)4.38%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
- 1SHL pays out 49.72% of its income as dividend. This is a bit on the high side, but may be sustainable.
- 1SHL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP49.72%
EPS Next 2Y5.79%
EPS Next 3Y8.53%
SIEMENS HEALTHINEERS AG / 1SHL.MI FAQ
What is the ChartMill fundamental rating of SIEMENS HEALTHINEERS AG (1SHL.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 1SHL.MI.
Can you provide the valuation status for SIEMENS HEALTHINEERS AG?
ChartMill assigns a valuation rating of 5 / 10 to SIEMENS HEALTHINEERS AG (1SHL.MI). This can be considered as Fairly Valued.
How profitable is SIEMENS HEALTHINEERS AG (1SHL.MI) stock?
SIEMENS HEALTHINEERS AG (1SHL.MI) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for 1SHL stock?
The Price/Earnings (PE) ratio for SIEMENS HEALTHINEERS AG (1SHL.MI) is 19.62 and the Price/Book (PB) ratio is 2.93.
Can you provide the dividend sustainability for 1SHL stock?
The dividend rating of SIEMENS HEALTHINEERS AG (1SHL.MI) is 6 / 10 and the dividend payout ratio is 49.72%.