BIOMERIEUX (BIM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:BIM - FR0013280286 - Common Stock
103.7 EUR
-0.9 (-0.86%)
BIM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 67 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
- In the past year BIM was profitable.
- In the past year BIM had a positive cash flow from operations.
- Each year in the past 5 years BIM has been profitable.
- Each year in the past 5 years BIM had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of BIM (7.04%) is better than 79.10% of its industry peers.
- The Return On Equity of BIM (9.61%) is better than 62.69% of its industry peers.
- BIM's Return On Invested Capital of 8.56% is fine compared to the rest of the industry. BIM outperforms 71.64% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BIM is in line with the industry average of 9.84%.
| 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
- With a decent Profit Margin value of 9.17%, BIM is doing good in the industry, outperforming 64.18% of the companies in the same industry.
- In the last couple of years the Profit Margin of BIM has remained more or less at the same level.
- BIM has a Operating Margin of 12.38%. This is comparable to the rest of the industry: BIM outperforms 53.73% 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 52.24% 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BIM is still creating some value.
- BIM has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for BIM has been reduced compared to 5 years ago.
- Compared to 1 year ago, BIM has an improved debt to assets ratio.
2.2 Solvency
- BIM has an Altman-Z score of 6.58. This indicates that BIM is financially healthy and has little risk of bankruptcy at the moment.
- BIM has a Altman-Z score of 6.58. This is amongst the best in the industry. BIM outperforms 92.54% of its industry peers.
- BIM has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
- The Debt to FCF ratio of BIM (1.15) is better than 86.57% of its industry peers.
- A Debt/Equity ratio of 0.09 indicates that BIM is not too dependend on debt financing.
- BIM has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. BIM outperforms 80.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 6.58 |
ROIC/WACC1.07
WACC8.02%
2.3 Liquidity
- BIM has a Current Ratio of 2.27. This indicates that BIM is financially healthy and has no problem in meeting its short term obligations.
- BIM has a better Current ratio (2.27) than 68.66% of its industry peers.
- A Quick Ratio of 1.30 indicates that BIM should not have too much problems paying its short term obligations.
- BIM's Quick ratio of 1.30 is fine compared to the rest of the industry. BIM outperforms 62.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- The earnings per share for BIM have decreased by -8.45% in the last year.
- BIM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.91% yearly.
- The Revenue has grown by 8.28% in the past year. This is quite good.
- 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.
- The Revenue is expected to grow by 5.72% on average over the next years.
EPS Next Y16.45%
EPS Next 2Y14.56%
EPS Next 3Y13.42%
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 26.87 indicates a quite expensive valuation of BIM.
- Based on the Price/Earnings ratio, BIM is valued a bit cheaper than 65.67% of the companies in the same industry.
- BIM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 20.47, which indicates a rather expensive current valuation of BIM.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BIM is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, BIM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.87 | ||
| Fwd PE | 20.47 |
4.2 Price Multiples
- 74.63% of the companies in the same industry are more expensive than BIM, based on the Enterprise Value to EBITDA ratio.
- 65.67% of the companies in the same industry are more expensive than BIM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.97 | ||
| EV/EBITDA | 12.67 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- BIM has a very decent profitability rating, which may justify a higher PE ratio.
- BIM's earnings are expected to grow with 13.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.63
PEG (5Y)2.46
EPS Next 2Y14.56%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.85%, BIM is not a good candidate for dividend investing.
- BIM's Dividend Yield is comparable with the industry average which is at 0.95.
- With a Dividend Yield of 0.85, BIM pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
5.2 History
- The dividend of BIM is nicely growing with an annual growth rate of 19.40%!
Dividend Growth(5Y)19.4%
Div Incr Years1
Div Non Decr Years7
5.3 Sustainability
- BIM pays out 28.07% of its income as dividend. This is a sustainable payout ratio.
- BIM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.07%
EPS Next 2Y14.56%
EPS Next 3Y13.42%
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 4 / 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%.