BIOMERIEUX (BIM.PA) Stock Fundamental Analysis
EPA:BIM - Euronext Paris - Matif - FR0013280286 - Common Stock - Currency: EUR
Overall BIM gets a fundamental rating of 6 out of 10. We evaluated BIM against 55 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 is valied quite expensively at the moment, while it does show a decent growth rate.
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.
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 7.73%, BIM belongs to the best of the industry, outperforming 84.31% of the companies in the same industry.
BIM has a better Return On Equity (10.63%) than 78.43% of its industry peers.
BIM's Return On Invested Capital of 8.96% is fine compared to the rest of the industry. BIM outperforms 78.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BIM is above the industry average of 8.18%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.73% | ||
| ROE | 10.63% | ||
| ROIC | 8.96% |
ROA(3y)9.53%
ROA(5y)9.22%
ROE(3y)13.8%
ROE(5y)14.08%
ROIC(3y)11.57%
ROIC(5y)11.82%
1.3 Margins
Looking at the Profit Margin, with a value of 10.81%, BIM is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
BIM's Profit Margin has declined in the last couple of years.
The Operating Margin of BIM (13.65%) is better than 74.51% of its industry peers.
BIM's Operating Margin has declined in the last couple of years.
The Gross Margin of BIM (55.72%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BIM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.65% | ||
| PM (TTM) | 10.81% | ||
| GM | 55.72% |
OM growth 3Y-12.33%
OM growth 5Y-3.52%
PM growth 3Y-9.13%
PM growth 5Y-1.68%
GM growth 3Y-0.15%
GM growth 5Y0.81%
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.
Compared to 5 years ago, BIM has more shares outstanding
BIM has a worse debt/assets ratio than last year.
2.2 Solvency
BIM has an Altman-Z score of 6.86. This indicates that BIM is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.86, BIM belongs to the best of the industry, outperforming 92.16% of the companies in the same industry.
The Debt to FCF ratio of BIM is 3.57, which is a good value as it means it would take BIM, 3.57 years of fcf income to pay off all of its debts.
BIM's Debt to FCF ratio of 3.57 is fine compared to the rest of the industry. BIM outperforms 74.51% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that BIM is not too dependend on debt financing.
BIM has a Debt to Equity ratio of 0.10. This is amongst the best in the industry. BIM outperforms 86.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.57 | ||
| Altman-Z | 6.86 |
ROIC/WACC1.19
WACC7.51%
2.3 Liquidity
A Current Ratio of 2.21 indicates that BIM has no problem at all paying its short term obligations.
BIM's Current ratio of 2.21 is fine compared to the rest of the industry. BIM outperforms 64.71% of its industry peers.
A Quick Ratio of 1.20 indicates that BIM should not have too much problems paying its short term obligations.
The Quick ratio of BIM (1.20) is better than 60.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
BIM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.54%.
Measured over the past 5 years, BIM shows a small growth in Earnings Per Share. The EPS has been growing by 6.76% on average per year.
BIM shows a small growth in Revenue. In the last year, the Revenue has grown by 2.85%.
The Revenue has been growing by 8.70% on average over the past years. This is quite good.
EPS 1Y (TTM)6.54%
EPS 3Y-4.07%
EPS 5Y6.76%
EPS Q2Q%33.49%
Revenue 1Y (TTM)2.85%
Revenue growth 3Y5.63%
Revenue growth 5Y8.7%
Sales Q2Q%7.45%
3.2 Future
BIM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.42% yearly.
The Revenue is expected to grow by 8.15% on average over the next years. This is quite good.
EPS Next Y11.79%
EPS Next 2Y11.78%
EPS Next 3Y12.31%
EPS Next 5Y13.42%
Revenue Next Year7.49%
Revenue Next 2Y7.5%
Revenue Next 3Y7.62%
Revenue Next 5Y8.15%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 32.60, BIM can be considered very expensive at the moment.
64.71% of the companies in the same industry are more expensive than BIM, based on the Price/Earnings ratio.
BIM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 24.40, the valuation of BIM can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as BIM.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.37, BIM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.6 | ||
| Fwd PE | 24.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BIM is valued a bit cheaper than the industry average as 68.63% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BIM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.36 | ||
| EV/EBITDA | 18.01 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 12.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.76
PEG (5Y)4.82
EPS Next 2Y11.78%
EPS Next 3Y12.31%
5. Dividend
5.1 Amount
BIM has a yearly dividend return of 0.77%, which is pretty low.
Compared to an average industry Dividend Yield of 2.50, BIM has a dividend in line with its industry peers.
With a Dividend Yield of 0.77, BIM pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
The dividend of BIM is nicely growing with an annual growth rate of 20.02%!
Dividend Growth(5Y)20.02%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
BIM pays out 24.36% 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.
DP24.36%
EPS Next 2Y11.78%
EPS Next 3Y12.31%
BIOMERIEUX
EPA:BIM (1/23/2025, 5:35:15 PM)
112.8
+0.4 (+0.36%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners20.73%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap13.35B
Analysts78
Price Target122.23 (8.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend0.85
Dividend Growth(5Y)20.02%
DP24.36%
Div Incr Years0
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.48%
PT rev (3m)1.71%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.6 | ||
| Fwd PE | 24.4 | ||
| P/S | 3.51 | ||
| P/FCF | 85.36 | ||
| P/OCF | 26.99 | ||
| P/B | 3.45 | ||
| P/tB | 5.09 | ||
| EV/EBITDA | 18.01 |
EPS(TTM)3.46
EY3.07%
EPS(NY)4.62
Fwd EY4.1%
FCF(TTM)1.32
FCFY1.17%
OCF(TTM)4.18
OCFY3.7%
SpS32.16
BVpS32.68
TBVpS22.16
PEG (NY)2.76
PEG (5Y)4.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.73% | ||
| ROE | 10.63% | ||
| ROCE | 12.03% | ||
| ROIC | 8.96% | ||
| ROICexc | 9.56% | ||
| ROICexgc | 13.78% | ||
| OM | 13.65% | ||
| PM (TTM) | 10.81% | ||
| GM | 55.72% | ||
| FCFM | 4.11% |
ROA(3y)9.53%
ROA(5y)9.22%
ROE(3y)13.8%
ROE(5y)14.08%
ROIC(3y)11.57%
ROIC(5y)11.82%
ROICexc(3y)13.89%
ROICexc(5y)13.87%
ROICexgc(3y)22.31%
ROICexgc(5y)23.43%
ROCE(3y)15.5%
ROCE(5y)15.82%
ROICexcg growth 3Y-22%
ROICexcg growth 5Y-8.85%
ROICexc growth 3Y-18.45%
ROICexc growth 5Y-4.35%
OM growth 3Y-12.33%
OM growth 5Y-3.52%
PM growth 3Y-9.13%
PM growth 5Y-1.68%
GM growth 3Y-0.15%
GM growth 5Y0.81%
F-Score6
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.57 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 144.59% | ||
| Cap/Sales | 8.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 65.65% | ||
| Profit Quality | 38.03% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 6.86 |
F-Score6
WACC7.51%
ROIC/WACC1.19
Cap/Depr(3y)358.73%
Cap/Depr(5y)270.32%
Cap/Sales(3y)8.6%
Cap/Sales(5y)8.97%
Profit Quality(3y)53.51%
Profit Quality(5y)57.13%
High Growth Momentum
Growth
EPS 1Y (TTM)6.54%
EPS 3Y-4.07%
EPS 5Y6.76%
EPS Q2Q%33.49%
EPS Next Y11.79%
EPS Next 2Y11.78%
EPS Next 3Y12.31%
EPS Next 5Y13.42%
Revenue 1Y (TTM)2.85%
Revenue growth 3Y5.63%
Revenue growth 5Y8.7%
Sales Q2Q%7.45%
Revenue Next Year7.49%
Revenue Next 2Y7.5%
Revenue Next 3Y7.62%
Revenue Next 5Y8.15%
EBIT growth 1Y4.34%
EBIT growth 3Y-7.4%
EBIT growth 5Y4.87%
EBIT Next Year62.06%
EBIT Next 3Y26.65%
EBIT Next 5Y20.84%
FCF growth 1Y-59.94%
FCF growth 3Y-29.47%
FCF growth 5Y-9.18%
OCF growth 1Y-28.3%
OCF growth 3Y-8.57%
OCF growth 5Y2.19%