BIOMERIEUX (BIM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:BIM - FR0013280286 - Common Stock
102.2 EUR
-1 (-0.97%)
Overall BIM gets a fundamental rating of 6 out of 10. We evaluated BIM against 63 industry peers in the Health Care Equipment & Supplies industry. BIM has an excellent financial health rating, but there are some minor concerns on its profitability. 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.
- BIM had positive earnings in each of the past 5 years.
- In the past 5 years BIM always reported a positive cash flow from operatings.
1.2 Ratios
- BIM has a better Return On Assets (7.04%) than 80.95% of its industry peers.
- With a decent Return On Equity value of 9.61%, BIM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- 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.
- BIM had an Average Return On Invested Capital over the past 3 years of 10.05%. This 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's Profit Margin of 9.17% is fine compared to the rest of the industry. BIM outperforms 66.67% of its industry peers.
- BIM's Profit Margin has been stable in the last couple of years.
- The Operating Margin of BIM (12.38%) is comparable to the rest of the industry.
- BIM's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 56.27%, BIM is in line with its industry, outperforming 52.38% of the companies in the same industry.
- 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.
- 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.
- BIM has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 6.51 indicates that BIM is not in any danger for bankruptcy at the moment.
- BIM's Altman-Z score of 6.51 is amongst the best of 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.
- The Debt to FCF ratio of BIM (1.15) is better than 85.71% of its industry peers.
- A Debt/Equity ratio of 0.09 indicates that BIM is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.09, BIM belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 6.51 |
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.
- With a decent Current ratio value of 2.27, BIM is doing good in the industry, outperforming 65.08% of the companies in the same industry.
- BIM has a Quick Ratio of 1.30. This is a normal value and indicates that BIM is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.30, BIM is in the better half of 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
- The earnings per share for BIM have decreased by -8.45% in the last year.
- 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.
- 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
- The Earnings Per Share is expected to grow by 11.79% on average over the next years. This is quite good.
- The Revenue is expected to grow by 5.72% on average over the next years.
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
- The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 26.48, the valuation of BIM can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of BIM indicates a somewhat cheap valuation: BIM is cheaper than 68.25% of the companies listed in the same industry.
- BIM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.25.
- A Price/Forward Earnings ratio of 20.42 indicates a rather expensive valuation of BIM.
- Based on the Price/Forward Earnings ratio, BIM is valued a bit cheaper than the industry average as 63.49% of the companies are valued more expensively.
- 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 | 26.48 | ||
| Fwd PE | 20.42 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BIM is valued a bit cheaper than the industry average as 74.60% of the companies are valued more expensively.
- BIM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BIM is cheaper than 63.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.57 | ||
| EV/EBITDA | 12.5 |
4.3 Compensation for Growth
- BIM's 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.
- BIM's earnings are expected to grow with 13.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.67
PEG (5Y)2.43
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.
- BIM's Dividend Yield is comparable with the industry average which is at 0.96.
- 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
- 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
- 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%.