PORR AG (ABS2.DE) Stock Fundamental Analysis
FRA:ABS2 - Deutsche Boerse Ag - AT0000609607 - Common Stock - Currency: EUR
Taking everything into account, ABS2 scores 4 out of 10 in our fundamental rating. ABS2 was compared to 45 industry peers in the Construction & Engineering industry. ABS2 has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on ABS2.
1. Profitability
1.1 Basic Checks
ABS2 had positive earnings in the past year.
ABS2 had a positive operating cash flow in the past year.
Of the past 5 years ABS2 4 years were profitable.
In the past 5 years ABS2 always reported a positive cash flow from operatings.
1.2 Ratios
ABS2's Return On Assets of 2.10% is on the low side compared to the rest of the industry. ABS2 is outperformed by 62.22% of its industry peers.
ABS2's Return On Equity of 10.27% is in line compared to the rest of the industry. ABS2 outperforms 42.22% of its industry peers.
ABS2 has a Return On Invested Capital of 5.26%. This is in the lower half of the industry: ABS2 underperforms 62.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ABS2 is significantly below the industry average of 11.01%.
The 3 year average ROIC (2.10%) for ABS2 is below the current ROIC(5.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 10.27% | ||
| ROIC | 5.26% |
ROA(3y)1.9%
ROA(5y)0.94%
ROE(3y)9.63%
ROE(5y)4.62%
ROIC(3y)2.1%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.44%, ABS2 is not doing good in the industry: 71.11% of the companies in the same industry are doing better.
ABS2's Profit Margin has improved in the last couple of years.
ABS2 has a worse Operating Margin (1.82%) than 75.56% of its industry peers.
ABS2's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 34.05%, ABS2 is in line with its industry, outperforming 42.22% of the companies in the same industry.
ABS2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.82% | ||
| PM (TTM) | 1.44% | ||
| GM | 34.05% |
OM growth 3Y61%
OM growth 5YN/A
PM growth 3Y27.41%
PM growth 5Y37.43%
GM growth 3Y0.66%
GM growth 5Y0.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ABS2 is destroying value.
Compared to 1 year ago, ABS2 has less shares outstanding
The number of shares outstanding for ABS2 has been increased compared to 5 years ago.
The debt/assets ratio for ABS2 has been reduced compared to a year ago.
2.2 Solvency
ABS2 has an Altman-Z score of 1.91. This is not the best score and indicates that ABS2 is in the grey zone with still only limited risk for bankruptcy at the moment.
ABS2 has a Altman-Z score (1.91) which is comparable to the rest of the industry.
The Debt to FCF ratio of ABS2 is 4.68, which is a neutral value as it means it would take ABS2, 4.68 years of fcf income to pay off all of its debts.
ABS2's Debt to FCF ratio of 4.68 is in line compared to the rest of the industry. ABS2 outperforms 57.78% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that ABS2 is somewhat dependend on debt financing.
ABS2 has a Debt to Equity ratio (0.59) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.38
WACC13.79%
2.3 Liquidity
A Current Ratio of 0.94 indicates that ABS2 may have some problems paying its short term obligations.
ABS2 has a worse Current ratio (0.94) than 71.11% of its industry peers.
ABS2 has a Quick Ratio of 0.94. This is a bad value and indicates that ABS2 is not financially healthy enough and could expect problems in meeting its short term obligations.
ABS2 has a worse Quick ratio (0.90) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
ABS2 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.47%.
The Earnings Per Share has been growing by 37.76% on average over the past years. This is a very strong growth
ABS2 shows a small growth in Revenue. In the last year, the Revenue has grown by 2.01%.
The Revenue has been growing slightly by 4.87% on average over the past years.
EPS 1Y (TTM)0.47%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)2.01%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.85%
3.2 Future
Based on estimates for the next years, ABS2 will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.55% on average per year.
The Revenue is expected to grow by 1.90% on average over the next years.
EPS Next Y21.75%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue Next Year2.82%
Revenue Next 2Y2.82%
Revenue Next 3Y3.37%
Revenue Next 5Y1.9%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
With a Price/Earnings ratio of 12.58, ABS2 is valued correctly.
Based on the Price/Earnings ratio, ABS2 is valued a bit cheaper than 66.67% of the companies in the same industry.
ABS2's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
With a Price/Forward Earnings ratio of 9.29, the valuation of ABS2 can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ABS2 indicates a somewhat cheap valuation: ABS2 is cheaper than 77.78% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. ABS2 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.29 |
4.2 Price Multiples
97.78% of the companies in the same industry are more expensive than ABS2, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ABS2 is valued a bit cheaper than the industry average as 71.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.13 | ||
| EV/EBITDA | 2.55 |
4.3 Compensation for Growth
ABS2's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ABS2's earnings are expected to grow with 15.55% in the coming years.
PEG (NY)0.58
PEG (5Y)0.33
EPS Next 2Y15.67%
EPS Next 3Y15.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, ABS2 is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.68, ABS2 pays a better dividend. On top of this ABS2 pays more dividend than 88.89% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, ABS2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
5.2 History
The dividend of ABS2 decreases each year by -5.04%.
Dividend Growth(5Y)-5.04%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
ABS2 pays out 46.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.52%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
FRA:ABS2 (7/8/2025, 7:00:00 PM)
29.05
-0.05 (-0.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners10.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.14B
Analysts78
Price Target34.59 (19.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend1.08
Dividend Growth(5Y)-5.04%
DP46.52%
Div Incr Years3
Div Non Decr Years3
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
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)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
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.89%
PT rev (3m)14.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.29 | ||
| P/S | 0.18 | ||
| P/FCF | 9.13 | ||
| P/OCF | 3.12 | ||
| P/B | 1.32 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 2.55 |
EPS(TTM)2.31
EY7.95%
EPS(NY)3.13
Fwd EY10.77%
FCF(TTM)3.18
FCFY10.95%
OCF(TTM)9.31
OCFY32.04%
SpS157.6
BVpS22.05
TBVpS16.41
PEG (NY)0.58
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 10.27% | ||
| ROCE | 7.11% | ||
| ROIC | 5.26% | ||
| ROICexc | 9.93% | ||
| ROICexgc | 13.5% | ||
| OM | 1.82% | ||
| PM (TTM) | 1.44% | ||
| GM | 34.05% | ||
| FCFM | 2.02% |
ROA(3y)1.9%
ROA(5y)0.94%
ROE(3y)9.63%
ROE(5y)4.62%
ROIC(3y)2.1%
ROIC(5y)N/A
ROICexc(3y)3.65%
ROICexc(5y)N/A
ROICexgc(3y)4.8%
ROICexgc(5y)N/A
ROCE(3y)2.84%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y61%
OM growth 5YN/A
PM growth 3Y27.41%
PM growth 5Y37.43%
GM growth 3Y0.66%
GM growth 5Y0.79%
F-Score7
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.68 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 114.4% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | 0.54 | ||
| Cash Conversion | 113.25% | ||
| Profit Quality | 140.37% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.91 |
F-Score7
WACC13.79%
ROIC/WACC0.38
Cap/Depr(3y)107.06%
Cap/Depr(5y)100.79%
Cap/Sales(3y)3.59%
Cap/Sales(5y)3.47%
Profit Quality(3y)122.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.47%
EPS 3Y25.27%
EPS 5Y37.76%
EPS Q2Q%-33.33%
EPS Next Y21.75%
EPS Next 2Y15.67%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue 1Y (TTM)2.01%
Revenue growth 3Y6.19%
Revenue growth 5Y4.87%
Sales Q2Q%-0.85%
Revenue Next Year2.82%
Revenue Next 2Y2.82%
Revenue Next 3Y3.37%
Revenue Next 5Y1.9%
EBIT growth 1Y169.69%
EBIT growth 3Y70.97%
EBIT growth 5YN/A
EBIT Next Year159.79%
EBIT Next 3Y42.41%
EBIT Next 5YN/A
FCF growth 1Y202.88%
FCF growth 3Y-17.91%
FCF growth 5Y7.14%
OCF growth 1Y32.27%
OCF growth 3Y-4.41%
OCF growth 5Y7.91%