ACKERMANS & VAN HAAREN (ACKB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ACKB - BE0003764785 - Common Stock
247.4 EUR
+1.8 (+0.73%)
ACKB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. ACKB has a medium profitability rating, but doesn't score so well on its financial health evaluation. ACKB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- ACKB had positive earnings in the past year.
- In the past year ACKB had a positive cash flow from operations.
- In the past 5 years ACKB has always been profitable.
- ACKB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ACKB has a worse Return On Assets (2.58%) than 60.00% of its industry peers.
- ACKB's Return On Equity of 9.93% is on the low side compared to the rest of the industry. ACKB is outperformed by 71.11% of its industry peers.
- ACKB has a worse Return On Invested Capital (5.18%) than 68.89% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ACKB is significantly below the industry average of 11.32%.
- The 3 year average ROIC (3.75%) for ACKB is below the current ROIC(5.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 9.93% | ||
| ROIC | 5.18% |
ROA(3y)2.79%
ROA(5y)2.43%
ROE(3y)10.71%
ROE(5y)9.77%
ROIC(3y)3.75%
ROIC(5y)3.25%
1.3 Margins
- ACKB's Profit Margin of 8.60% is fine compared to the rest of the industry. ACKB outperforms 77.78% of its industry peers.
- In the last couple of years the Profit Margin of ACKB has declined.
- Looking at the Operating Margin, with a value of 10.22%, ACKB is in the better half of the industry, outperforming 75.56% of the companies in the same industry.
- ACKB's Operating Margin has improved in the last couple of years.
- ACKB's Gross Margin of 38.55% is in line compared to the rest of the industry. ACKB outperforms 48.89% of its industry peers.
- ACKB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.22% | ||
| PM (TTM) | 8.6% | ||
| GM | 38.55% |
OM growth 3Y6.69%
OM growth 5Y4.48%
PM growth 3Y-6.91%
PM growth 5Y-3.82%
GM growth 3Y0.27%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ACKB is creating some value.
- ACKB has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for ACKB has been reduced compared to 5 years ago.
- Compared to 1 year ago, ACKB has an improved debt to assets ratio.
2.2 Solvency
- ACKB has an Altman-Z score of 0.92. This is a bad value and indicates that ACKB is not financially healthy and even has some risk of bankruptcy.
- ACKB has a Altman-Z score of 0.92. This is amonst the worse of the industry: ACKB underperforms 88.89% of its industry peers.
- ACKB has a debt to FCF ratio of 10.97. This is a negative value and a sign of low solvency as ACKB would need 10.97 years to pay back of all of its debts.
- The Debt to FCF ratio of ACKB (10.97) is worse than 60.00% of its industry peers.
- A Debt/Equity ratio of 0.52 indicates that ACKB is somewhat dependend on debt financing.
- ACKB has a better Debt to Equity ratio (0.52) than 62.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 10.97 | ||
| Altman-Z | 0.92 |
ROIC/WACC1.09
WACC4.74%
2.3 Liquidity
- ACKB has a Current Ratio of 0.72. This is a bad value and indicates that ACKB is not financially healthy enough and could expect problems in meeting its short term obligations.
- ACKB has a Current ratio of 0.72. This is amonst the worse of the industry: ACKB underperforms 93.33% of its industry peers.
- A Quick Ratio of 0.69 indicates that ACKB may have some problems paying its short term obligations.
- ACKB's Quick ratio of 0.69 is on the low side compared to the rest of the industry. ACKB is outperformed by 91.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 24.24% over the past year.
- The Earnings Per Share has been growing slightly by 3.40% on average over the past years.
- Looking at the last year, ACKB shows a quite strong growth in Revenue. The Revenue has grown by 9.01% in the last year.
- ACKB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
EPS 1Y (TTM)24.24%
EPS 3Y4.64%
EPS 5Y3.4%
EPS Q2Q%36.25%
Revenue 1Y (TTM)9.01%
Revenue growth 3Y11.91%
Revenue growth 5Y7.19%
Sales Q2Q%5.12%
3.2 Future
- Based on estimates for the next years, ACKB will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.24% on average per year.
- The Revenue is expected to grow by 1.38% on average over the next years.
EPS Next Y20.74%
EPS Next 2Y11.51%
EPS Next 3Y11.63%
EPS Next 5Y9.24%
Revenue Next Year0.37%
Revenue Next 2Y1.76%
Revenue Next 3Y1.38%
Revenue Next 5YN/A
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
- With a Price/Earnings ratio of 15.21, ACKB is valued correctly.
- ACKB's Price/Earnings ratio is in line with the industry average.
- ACKB is valuated rather cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 13.53, the valuation of ACKB can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ACKB is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, ACKB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.21 | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ACKB is valued a bit more expensive than 71.11% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ACKB is valued a bit cheaper than the industry average as 75.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.76 | ||
| EV/EBITDA | 14.04 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.73
PEG (5Y)4.47
EPS Next 2Y11.51%
EPS Next 3Y11.63%
5. Dividend
5.1 Amount
- ACKB has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.33, ACKB is paying slightly less dividend.
- ACKB's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
- On average, the dividend of ACKB grows each year by 7.81%, which is quite nice.
Dividend Growth(5Y)7.81%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
- 23.36% of the earnings are spent on dividend by ACKB. This is a low number and sustainable payout ratio.
- The dividend of ACKB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP23.36%
EPS Next 2Y11.51%
EPS Next 3Y11.63%
ACKERMANS & VAN HAAREN / ACKB.BR FAQ
What is the ChartMill fundamental rating of ACKERMANS & VAN HAAREN (ACKB.BR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ACKB.BR.
Can you provide the valuation status for ACKERMANS & VAN HAAREN?
ChartMill assigns a valuation rating of 4 / 10 to ACKERMANS & VAN HAAREN (ACKB.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for ACKERMANS & VAN HAAREN?
ACKERMANS & VAN HAAREN (ACKB.BR) has a profitability rating of 5 / 10.
What is the expected EPS growth for ACKERMANS & VAN HAAREN (ACKB.BR) stock?
The Earnings per Share (EPS) of ACKERMANS & VAN HAAREN (ACKB.BR) is expected to grow by 20.74% in the next year.
Can you provide the dividend sustainability for ACKB stock?
The dividend rating of ACKERMANS & VAN HAAREN (ACKB.BR) is 4 / 10 and the dividend payout ratio is 23.36%.