ALTRI SGPS SA (ALTR.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:ALTR - PTALT0AE0002 - Common Stock
4.51 EUR
+0.01 (+0.33%)
We assign a fundamental rating of 4 out of 10 to ALTR. ALTR was compared to 11 industry peers in the Paper & Forest Products industry. While ALTR has a great profitability rating, there are quite some concerns on its financial health. ALTR has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year ALTR was profitable.
- In the past year ALTR had a positive cash flow from operations.
- In the past 5 years ALTR has always been profitable.
- Of the past 5 years ALTR 4 years had a positive operating cash flow.
1.2 Ratios
- ALTR's Return On Assets of 2.45% is fine compared to the rest of the industry. ALTR outperforms 72.73% of its industry peers.
- ALTR has a better Return On Equity (7.27%) than 81.82% of its industry peers.
- ALTR has a Return On Invested Capital of 4.55%. This is in the better half of the industry: ALTR outperforms 72.73% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ALTR is significantly above the industry average of 5.04%.
- The last Return On Invested Capital (4.55%) for ALTR is well below the 3 year average (12.02%), which needs to be investigated, but indicates that ALTR had better years and this may not be a problem.
| 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
- The Profit Margin of ALTR (4.15%) is better than 81.82% 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 72.73% of its industry peers.
- ALTR's Operating Margin has declined in the last couple of years.
- The Gross Margin of ALTR (22.40%) is worse than 72.73% 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.
- ALTR has about the same amout of shares outstanding than it did 5 years ago.
- ALTR has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 1.90 indicates that ALTR is not a great score, but indicates 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 45.45% of its industry peers.
- ALTR has a debt to FCF ratio of 33.45. This is a negative value and a sign of low solvency as ALTR would need 33.45 years to pay back of 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 45.45% 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 81.82% 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 72.73% of its industry peers.
- A Quick Ratio of 0.83 indicates that ALTR may have some problems paying its short term obligations.
- The Quick ratio of ALTR (0.83) is worse than 63.64% of its industry peers.
| 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.
- Measured over the past 5 years, ALTR shows a small growth in Earnings Per Share. The EPS has been growing by 1.23% on average per year.
- Looking at the last year, ALTR shows a very negative growth in Revenue. The Revenue has decreased by -15.59% in the last year.
- 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
- ALTR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.39% yearly.
- 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.
- 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 30.07, ALTR can be considered very expensive at the moment.
- ALTR's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of ALTR to the average of the S&P500 Index (27.21), we can say ALTR is valued inline with the index average.
- ALTR is valuated correctly with a Price/Forward Earnings ratio of 13.54.
- 63.64% of the companies in the same industry are more expensive than ALTR, based on the Price/Forward Earnings ratio.
- ALTR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.07 | ||
| Fwd PE | 13.54 |
4.2 Price Multiples
- ALTR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.96 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- ALTR has a very decent profitability rating, which 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)24.35
EPS Next 2Y-19.84%
EPS Next 3Y-6.16%
5. Dividend
5.1 Amount
- ALTR has a Yearly Dividend Yield of 6.63%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.99, ALTR pays a better dividend. On top of this ALTR pays more dividend than 90.91% 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
- 205.22% of the earnings are spent on dividend by ALTR. 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 30.07 and the Price/Book (PB) ratio is 2.24.
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.