BIOMERIEUX (BIM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:BIM - FR0013280286 - Common Stock
103.2 EUR
-0.5 (-0.48%)
We assign a fundamental rating of 6 out of 10 to BIM. BIM was compared to 63 industry peers in the Health Care Equipment & Supplies industry. BIM is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. BIM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- BIM had positive earnings in the past year.
- In the past year BIM had a positive cash flow from operations.
- In the past 5 years BIM has always been profitable.
- Each year in the past 5 years BIM had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 7.04%, BIM belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
- BIM has a better Return On Equity (9.61%) than 66.67% of its industry peers.
- BIM's Return On Invested Capital of 8.56% is fine compared to the rest of the industry. BIM outperforms 73.02% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BIM is in line with the industry average of 9.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.04% | ||
| ROE | 9.61% | ||
| ROIC | 8.56% |
ROA(3y)7.67%
ROA(5y)9.27%
ROE(3y)10.79%
ROE(5y)13.66%
ROIC(3y)10.05%
ROIC(5y)11.9%
1.3 Margins
- BIM has a Profit Margin of 9.17%. This is in the better half of the industry: BIM outperforms 66.67% of its industry peers.
- BIM's Profit Margin has been stable in the last couple of years.
- BIM's Operating Margin of 12.38% is in line compared to the rest of the industry. BIM outperforms 55.56% of its industry peers.
- BIM's Operating Margin has improved in the last couple of years.
- BIM's Gross Margin of 56.27% is in line compared to the rest of the industry. BIM outperforms 52.38% of its industry peers.
- BIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.38% | ||
| PM (TTM) | 9.17% | ||
| GM | 56.27% |
OM growth 3Y-12.86%
OM growth 5Y2.09%
PM growth 3Y-15.19%
PM growth 5Y1.26%
GM growth 3Y-2.07%
GM growth 5Y0.3%
2. Health
2.1 Basic Checks
- BIM 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 BIM remains at a similar level compared to 1 year ago.
- The number of shares outstanding for BIM has been reduced compared to 5 years ago.
- The debt/assets ratio for BIM has been reduced compared to a year ago.
2.2 Solvency
- BIM has an Altman-Z score of 6.54. This indicates that BIM is financially healthy and has little risk of bankruptcy at the moment.
- BIM has a Altman-Z score of 6.54. This is amongst the best in the industry. BIM outperforms 90.48% of its industry peers.
- The Debt to FCF ratio of BIM is 1.15, which is an excellent value as it means it would take BIM, only 1.15 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.15, BIM belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- A Debt/Equity ratio of 0.09 indicates that BIM is not too dependend on debt financing.
- The Debt to Equity ratio of BIM (0.09) is better than 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 6.54 |
ROIC/WACC1.07
WACC8.02%
2.3 Liquidity
- A Current Ratio of 2.27 indicates that BIM has no problem at all paying its short term obligations.
- BIM has a better Current ratio (2.27) than 65.08% of its industry peers.
- A Quick Ratio of 1.30 indicates that BIM should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.30, BIM is doing good in the industry, outperforming 63.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- BIM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.45%.
- Measured over the past years, BIM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.91% on average per year.
- Looking at the last year, BIM shows a quite strong growth in Revenue. The Revenue has grown by 8.28% in the last year.
- BIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.27% yearly.
EPS 1Y (TTM)-8.45%
EPS 3Y-8.75%
EPS 5Y10.91%
EPS Q2Q%-25.82%
Revenue 1Y (TTM)8.28%
Revenue growth 3Y5.64%
Revenue growth 5Y8.27%
Sales Q2Q%7.46%
3.2 Future
- Based on estimates for the next years, BIM will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.79% on average per year.
- BIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.72% yearly.
EPS Next Y15.89%
EPS Next 2Y13.86%
EPS Next 3Y13.5%
EPS Next 5Y11.79%
Revenue Next Year5.19%
Revenue Next 2Y5.72%
Revenue Next 3Y6.1%
Revenue Next 5Y5.72%
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 stable.
- 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
- A Price/Earnings ratio of 26.74 indicates a quite expensive valuation of BIM.
- Based on the Price/Earnings ratio, BIM is valued a bit cheaper than 66.67% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.25. BIM is around the same levels.
- With a Price/Forward Earnings ratio of 20.62, BIM is valued on the expensive side.
- BIM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BIM is cheaper than 61.90% of the companies in the same industry.
- BIM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.74 | ||
| Fwd PE | 20.62 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BIM indicates a somewhat cheap valuation: BIM is cheaper than 74.60% of the companies listed in the same industry.
- BIM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BIM is cheaper than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.84 | ||
| EV/EBITDA | 12.56 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of BIM may justify a higher PE ratio.
- A more expensive valuation may be justified as BIM's earnings are expected to grow with 13.50% in the coming years.
PEG (NY)1.68
PEG (5Y)2.45
EPS Next 2Y13.86%
EPS Next 3Y13.5%
5. Dividend
5.1 Amount
- BIM has a yearly dividend return of 0.86%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.96, BIM has a dividend in line with its industry peers.
- With a Dividend Yield of 0.86, BIM pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.86% |
5.2 History
- On average, the dividend of BIM grows each year by 19.40%, which is quite nice.
Dividend Growth(5Y)19.4%
Div Incr Years1
Div Non Decr Years7
5.3 Sustainability
- 28.07% of the earnings are spent on dividend by BIM. This is a low number and sustainable payout ratio.
- BIM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.07%
EPS Next 2Y13.86%
EPS Next 3Y13.5%
BIOMERIEUX / BIM.PA FAQ
What is the ChartMill fundamental rating of BIOMERIEUX (BIM.PA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BIM.PA.
What is the valuation status of BIOMERIEUX (BIM.PA) stock?
ChartMill assigns a valuation rating of 5 / 10 to BIOMERIEUX (BIM.PA). This can be considered as Fairly Valued.
What is the profitability of BIM stock?
BIOMERIEUX (BIM.PA) has a profitability rating of 6 / 10.
Can you provide the financial health for BIM stock?
The financial health rating of BIOMERIEUX (BIM.PA) is 8 / 10.
How sustainable is the dividend of BIOMERIEUX (BIM.PA) stock?
The dividend rating of BIOMERIEUX (BIM.PA) is 3 / 10 and the dividend payout ratio is 28.07%.