ALTRI SGPS SA (ALTR.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:ALTR - PTALT0AE0002 - Common Stock
4.495 EUR
-0.03 (-0.66%)
Taking everything into account, ALTR scores 4 out of 10 in our fundamental rating. ALTR was compared to 11 industry peers in the Paper & Forest Products industry. ALTR has a medium profitability rating, but doesn't score so well on its financial health evaluation. ALTR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year ALTR was profitable.
- ALTR had a positive operating cash flow in the past year.
- ALTR had positive earnings in each of the past 5 years.
- ALTR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 2.45%, ALTR is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- With a decent Return On Equity value of 7.27%, ALTR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- ALTR has a Return On Invested Capital of 4.55%. This is in the better half of the industry: ALTR outperforms 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ALTR is significantly above the industry average of 5.04%.
- The 3 year average ROIC (12.02%) for ALTR is well above the current ROIC(4.55%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 7.27% | ||
| ROIC | 4.55% |
ROA(3y)13.31%
ROA(5y)9.57%
ROE(3y)34.82%
ROE(5y)27.17%
ROIC(3y)12.02%
ROIC(5y)9.05%
1.3 Margins
- ALTR has a better Profit Margin (4.15%) than 83.33% of its industry peers.
- ALTR's Profit Margin has been stable in the last couple of years.
- ALTR's Operating Margin of 6.82% is fine compared to the rest of the industry. ALTR outperforms 75.00% of its industry peers.
- ALTR's Operating Margin has declined in the last couple of years.
- ALTR has a Gross Margin of 22.40%. This is in the lower half of the industry: ALTR underperforms 75.00% of its industry peers.
- In the last couple of years the Gross Margin of ALTR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.82% | ||
| PM (TTM) | 4.15% | ||
| GM | 22.4% |
OM growth 3Y-0.95%
OM growth 5Y-1.82%
PM growth 3Y-8%
PM growth 5Y-1.3%
GM growth 3Y-0.6%
GM growth 5Y-2.42%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ALTR is creating value.
- The number of shares outstanding for ALTR remains at a similar level compared to 1 year ago.
- The number of shares outstanding for ALTR remains at a similar level compared to 5 years ago.
- ALTR has a better debt/assets ratio than last year.
2.2 Solvency
- ALTR has an Altman-Z score of 1.90. This is not the best score and indicates that ALTR is in the grey zone with still only limited risk for bankruptcy at the moment.
- ALTR has a Altman-Z score of 1.90. This is comparable to the rest of the industry: ALTR outperforms 41.67% of its industry peers.
- The Debt to FCF ratio of ALTR is 33.45, which is on the high side as it means it would take ALTR, 33.45 years of fcf income to pay off all of its debts.
- ALTR's Debt to FCF ratio of 33.45 is in line compared to the rest of the industry. ALTR outperforms 41.67% of its industry peers.
- ALTR has a Debt/Equity ratio of 0.97. This is a neutral value indicating ALTR is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.97, ALTR is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 33.45 | ||
| Altman-Z | 1.9 |
ROIC/WACC0.72
WACC6.29%
2.3 Liquidity
- A Current Ratio of 1.17 indicates that ALTR should not have too much problems paying its short term obligations.
- ALTR's Current ratio of 1.17 is on the low side compared to the rest of the industry. ALTR is outperformed by 75.00% of its industry peers.
- ALTR has a Quick Ratio of 1.17. This is a bad value and indicates that ALTR is not financially healthy enough and could expect problems in meeting its short term obligations.
- ALTR has a Quick ratio (0.83) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
- The earnings per share for ALTR have decreased strongly by -70.51% in the last year.
- The Earnings Per Share has been growing slightly by 1.23% on average over the past years.
- ALTR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.59%.
- ALTR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.56% yearly.
EPS 1Y (TTM)-70.51%
EPS 3Y-4.68%
EPS 5Y1.23%
EPS Q2Q%-106.23%
Revenue 1Y (TTM)-15.59%
Revenue growth 3Y2.55%
Revenue growth 5Y2.56%
Sales Q2Q%-20.4%
3.2 Future
- The Earnings Per Share is expected to decrease by -8.39% on average over the next years.
- ALTR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.75% yearly.
EPS Next Y-66.23%
EPS Next 2Y-19.84%
EPS Next 3Y-6.16%
EPS Next 5Y-8.39%
Revenue Next Year-11.85%
Revenue Next 2Y-4.4%
Revenue Next 3Y-1.94%
Revenue Next 5Y-1.75%
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 decreasing.
- 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
- ALTR is valuated quite expensively with a Price/Earnings ratio of 29.97.
- ALTR's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 27.21. ALTR is around the same levels.
- With a Price/Forward Earnings ratio of 13.49, ALTR is valued correctly.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ALTR is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. ALTR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 13.49 |
4.2 Price Multiples
- ALTR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.77 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The decent profitability rating of ALTR may justify a higher PE ratio.
- ALTR's earnings are expected to decrease with -6.16% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)24.27
EPS Next 2Y-19.84%
EPS Next 3Y-6.16%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.63%, ALTR is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.99, ALTR pays a better dividend. On top of this ALTR pays more dividend than 91.67% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, ALTR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
5.2 History
- The dividend of ALTR decreases each year by -19.07%.
Dividend Growth(5Y)-19.07%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
- ALTR pays out 205.22% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of ALTR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP205.22%
EPS Next 2Y-19.84%
EPS Next 3Y-6.16%
ALTRI SGPS SA / ALTR.LS FAQ
What is the ChartMill fundamental rating of ALTRI SGPS SA (ALTR.LS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ALTR.LS.
What is the valuation status for ALTR stock?
ChartMill assigns a valuation rating of 3 / 10 to ALTRI SGPS SA (ALTR.LS). This can be considered as Overvalued.
How profitable is ALTRI SGPS SA (ALTR.LS) stock?
ALTRI SGPS SA (ALTR.LS) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for ALTR stock?
The Price/Earnings (PE) ratio for ALTRI SGPS SA (ALTR.LS) is 29.97 and the Price/Book (PB) ratio is 2.23.
What is the expected EPS growth for ALTRI SGPS SA (ALTR.LS) stock?
The Earnings per Share (EPS) of ALTRI SGPS SA (ALTR.LS) is expected to decline by -66.23% in the next year.