ICAPE HOLDING SA (ALICA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ALICA - FR001400A3Q3 - Common Stock
5.96 EUR
+0.08 (+1.36%)
We assign a fundamental rating of 5 out of 10 to ALICA. ALICA was compared to 51 industry peers in the Electronic Equipment, Instruments & Components industry. While ALICA belongs to the best of the industry regarding profitability, there are concerns on its financial health. ALICA is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
- In the past year ALICA was profitable.
- ALICA had a positive operating cash flow in the past year.
- Each year in the past 5 years ALICA has been profitable.
- ALICA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of ALICA (2.38%) is better than 66.67% of its industry peers.
- ALICA's Return On Equity of 13.88% is amongst the best of the industry. ALICA outperforms 84.31% of its industry peers.
- The Return On Invested Capital of ALICA (5.81%) is better than 66.67% of its industry peers.
- ALICA had an Average Return On Invested Capital over the past 3 years of 6.81%. This is in line with the industry average of 7.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.38% | ||
| ROE | 13.88% | ||
| ROIC | 5.81% |
ROA(3y)2.8%
ROA(5y)2.57%
ROE(3y)14.44%
ROE(5y)31.56%
ROIC(3y)6.81%
ROIC(5y)7.83%
1.3 Margins
- ALICA's Profit Margin of 1.94% is fine compared to the rest of the industry. ALICA outperforms 64.71% of its industry peers.
- ALICA's Profit Margin has improved in the last couple of years.
- ALICA has a Operating Margin of 3.47%. This is comparable to the rest of the industry: ALICA outperforms 58.82% of its industry peers.
- In the last couple of years the Operating Margin of ALICA has grown nicely.
- With a Gross Margin value of 35.10%, ALICA is not doing good in the industry: 62.75% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of ALICA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.47% | ||
| PM (TTM) | 1.94% | ||
| GM | 35.1% |
OM growth 3Y10.16%
OM growth 5YN/A
PM growth 3Y11.04%
PM growth 5YN/A
GM growth 3Y13.98%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- ALICA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for ALICA remains at a similar level compared to 1 year ago.
- ALICA has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.68, we must say that ALICA is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.68, ALICA is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
- The Debt to FCF ratio of ALICA is 6.52, which is on the high side as it means it would take ALICA, 6.52 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ALICA (6.52) is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.90 is on the high side and indicates that ALICA has dependencies on debt financing.
- ALICA's Debt to Equity ratio of 1.90 is on the low side compared to the rest of the industry. ALICA is outperformed by 90.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 6.52 | ||
| Altman-Z | 1.68 |
ROIC/WACC1.19
WACC4.87%
2.3 Liquidity
- ALICA has a Current Ratio of 0.97. This is a bad value and indicates that ALICA is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.97, ALICA is not doing good in the industry: 84.31% of the companies in the same industry are doing better.
- ALICA has a Quick Ratio of 0.97. This is a bad value and indicates that ALICA is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of ALICA (0.86) is worse than 60.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 13.25% over the past year.
- ALICA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.32% yearly.
- The Revenue has grown by 12.50% in the past year. This is quite good.
- Measured over the past years, ALICA shows a small growth in Revenue. The Revenue has been growing by 3.50% on average per year.
EPS 1Y (TTM)13.25%
EPS 3Y15.32%
EPS 5YN/A
EPS Q2Q%-3.7%
Revenue 1Y (TTM)12.5%
Revenue growth 3Y3.5%
Revenue growth 5YN/A
Sales Q2Q%13.14%
3.2 Future
- Based on estimates for the next years, ALICA will show a very strong growth in Earnings Per Share. The EPS will grow by 47.64% on average per year.
- Based on estimates for the next years, ALICA will show a quite strong growth in Revenue. The Revenue will grow by 14.58% on average per year.
EPS Next Y70.11%
EPS Next 2Y58.3%
EPS Next 3Y47.64%
EPS Next 5YN/A
Revenue Next Year13.77%
Revenue Next 2Y15.86%
Revenue Next 3Y14.58%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.68, the valuation of ALICA can be described as correct.
- Based on the Price/Earnings ratio, ALICA is valued cheaply inside the industry as 90.20% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, ALICA is valued rather cheaply.
- The Price/Forward Earnings ratio is 5.31, which indicates a rather cheap valuation of ALICA.
- Based on the Price/Forward Earnings ratio, ALICA is valued cheaply inside the industry as 92.16% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, ALICA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.68 | ||
| Fwd PE | 5.31 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ALICA is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
- ALICA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ALICA is cheaper than 92.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.98 | ||
| EV/EBITDA | 5.58 |
4.3 Compensation for Growth
- ALICA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ALICA has a very decent profitability rating, which may justify a higher PE ratio.
- ALICA's earnings are expected to grow with 47.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y58.3%
EPS Next 3Y47.64%
5. Dividend
5.1 Amount
- ALICA has a Yearly Dividend Yield of 2.17%. Purely for dividend investing, there may be better candidates out there.
- ALICA's Dividend Yield is a higher than the industry average which is at 1.56.
- ALICA's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
DP0%
EPS Next 2Y58.3%
EPS Next 3Y47.64%
ICAPE HOLDING SA / ALICA.PA FAQ
What is the ChartMill fundamental rating of ICAPE HOLDING SA (ALICA.PA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ALICA.PA.
Can you provide the valuation status for ICAPE HOLDING SA?
ChartMill assigns a valuation rating of 9 / 10 to ICAPE HOLDING SA (ALICA.PA). This can be considered as Undervalued.
How profitable is ICAPE HOLDING SA (ALICA.PA) stock?
ICAPE HOLDING SA (ALICA.PA) has a profitability rating of 7 / 10.
How financially healthy is ICAPE HOLDING SA?
The financial health rating of ICAPE HOLDING SA (ALICA.PA) is 1 / 10.
Is the dividend of ICAPE HOLDING SA sustainable?
The dividend rating of ICAPE HOLDING SA (ALICA.PA) is 3 / 10 and the dividend payout ratio is 0%.