ABITARE IN SPA (ABT.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ABT - IT0005445280 - Common Stock
2.85 EUR
-0.05 (-1.72%)
ABT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Household Durables industry. There are concerns on the financial health of ABT while its profitability can be described as average. ABT is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year ABT was profitable.
- In the past year ABT has reported a negative cash flow from operations.
- Each year in the past 5 years ABT has been profitable.
- In multiple years ABT reported negative operating cash flow during the last 5 years.
1.2 Ratios
- With a decent Return On Assets value of 3.00%, ABT is doing good in the industry, outperforming 75.76% of the companies in the same industry.
- ABT's Return On Equity of 9.77% is fine compared to the rest of the industry. ABT outperforms 75.76% of its industry peers.
- ABT has a Return On Invested Capital of 7.20%. This is in the better half of the industry: ABT outperforms 72.73% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ABT is below the industry average of 9.57%.
- The 3 year average ROIC (6.21%) for ABT is below the current ROIC(7.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 9.77% | ||
| ROIC | 7.2% |
ROA(3y)4.21%
ROA(5y)4.38%
ROE(3y)12.3%
ROE(5y)13.93%
ROIC(3y)6.21%
ROIC(5y)5.77%
1.3 Margins
- The Profit Margin of ABT (53.82%) is better than 100.00% of its industry peers.
- ABT's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 129.54%, ABT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- ABT's Operating Margin has declined in the last couple of years.
- The Gross Margin of ABT (148.86%) is better than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of ABT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 129.54% | ||
| PM (TTM) | 53.82% | ||
| GM | 148.86% |
OM growth 3Y40.14%
OM growth 5Y-51.71%
PM growth 3Y13.61%
PM growth 5Y-55.88%
GM growth 3Y-7.33%
GM growth 5Y-56.15%
2. Health
2.1 Basic Checks
- ABT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- ABT has less shares outstanding than it did 1 year ago.
- ABT has about the same amout of shares outstanding than it did 5 years ago.
- The debt/assets ratio for ABT is higher compared to a year ago.
2.2 Solvency
- ABT has an Altman-Z score of 1.50. This is a bad value and indicates that ABT is not financially healthy and even has some risk of bankruptcy.
- ABT's Altman-Z score of 1.50 is on the low side compared to the rest of the industry. ABT is outperformed by 66.67% of its industry peers.
- A Debt/Equity ratio of 0.98 indicates that ABT is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.98, ABT is not doing good in the industry: 75.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.5 |
ROIC/WACC1.14
WACC6.32%
2.3 Liquidity
- ABT has a Current Ratio of 3.54. This indicates that ABT is financially healthy and has no problem in meeting its short term obligations.
- ABT's Current ratio of 3.54 is amongst the best of the industry. ABT outperforms 93.94% of its industry peers.
- A Quick Ratio of 0.49 indicates that ABT may have some problems paying its short term obligations.
- With a Quick ratio value of 0.49, ABT is not doing good in the industry: 87.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.54 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 23.20% over the past year.
- Measured over the past years, ABT shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.61% on average per year.
- The Revenue for ABT has decreased by -85.78% in the past year. This is quite bad
- Measured over the past years, ABT shows a very strong growth in Revenue. The Revenue has been growing by 122.25% on average per year.
EPS 1Y (TTM)23.2%
EPS 3Y-22.82%
EPS 5Y-2.61%
EPS Q2Q%-92.79%
Revenue 1Y (TTM)-85.78%
Revenue growth 3Y-31.36%
Revenue growth 5Y122.25%
Sales Q2Q%-47.6%
3.2 Future
- Based on estimates for the next years, ABT will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.82% on average per year.
- Based on estimates for the next years, ABT will show a very strong growth in Revenue. The Revenue will grow by 127.70% on average per year.
EPS Next Y-10.55%
EPS Next 2Y-9.95%
EPS Next 3Y22.38%
EPS Next 5Y11.82%
Revenue Next Year53.13%
Revenue Next 2Y37.99%
Revenue Next 3Y29.74%
Revenue Next 5Y127.7%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- ABT is valuated reasonably with a Price/Earnings ratio of 8.64.
- Based on the Price/Earnings ratio, ABT is valued cheaply inside the industry as 87.88% of the companies are valued more expensively.
- ABT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
- Based on the Price/Forward Earnings ratio of 12.65, the valuation of ABT can be described as correct.
- The rest of the industry has a similar Price/Forward Earnings ratio as ABT.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. ABT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.64 | ||
| Fwd PE | 12.65 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as ABT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.22 |
4.3 Compensation for Growth
- The decent profitability rating of ABT may justify a higher PE ratio.
- A more expensive valuation may be justified as ABT's earnings are expected to grow with 22.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.95%
EPS Next 3Y22.38%
5. Dividend
5.1 Amount
- ABT has a Yearly Dividend Yield of 7.15%, which is a nice return.
- ABT's Dividend Yield is rather good when compared to the industry average which is at 2.64. ABT pays more dividend than 87.88% of the companies in the same industry.
- ABT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.15% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y-9.95%
EPS Next 3Y22.38%
ABITARE IN SPA / ABT.MI FAQ
What is the fundamental rating for ABT stock?
ChartMill assigns a fundamental rating of 5 / 10 to ABT.MI.
What is the valuation status of ABITARE IN SPA (ABT.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to ABITARE IN SPA (ABT.MI). This can be considered as Fairly Valued.
What is the profitability of ABT stock?
ABITARE IN SPA (ABT.MI) has a profitability rating of 6 / 10.
What are the PE and PB ratios of ABITARE IN SPA (ABT.MI) stock?
The Price/Earnings (PE) ratio for ABITARE IN SPA (ABT.MI) is 8.64 and the Price/Book (PB) ratio is 0.7.
Can you provide the expected EPS growth for ABT stock?
The Earnings per Share (EPS) of ABITARE IN SPA (ABT.MI) is expected to decline by -10.55% in the next year.