CALTAGIRONE SPA (CALT.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:CALT - IT0003127930 - Common Stock
10.15 EUR
0 (0%)
Overall CALT gets a fundamental rating of 4 out of 10. We evaluated CALT against 17 industry peers in the Construction Materials industry. Both the profitability and the financial health of CALT get a neutral evaluation. Nothing too spectacular is happening here. CALT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year CALT was profitable.
- In the past year CALT had a positive cash flow from operations.
- Each year in the past 5 years CALT has been profitable.
- In the past 5 years CALT always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of CALT (2.75%) is worse than 76.47% of its industry peers.
- The Return On Equity of CALT (6.65%) is worse than 70.59% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.66%, CALT is doing worse than 76.47% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for CALT is below the industry average of 7.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 6.65% | ||
| ROIC | 4.66% |
ROA(3y)2.91%
ROA(5y)2.55%
ROE(3y)7.89%
ROE(5y)7.1%
ROIC(3y)5.22%
ROIC(5y)5.16%
1.3 Margins
- CALT has a Profit Margin of 6.02%. This is comparable to the rest of the industry: CALT outperforms 41.18% of its industry peers.
- In the last couple of years the Profit Margin of CALT has grown nicely.
- CALT has a Operating Margin (10.54%) which is in line with its industry peers.
- CALT's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 33.85%, CALT is not doing good in the industry: 88.24% of the companies in the same industry are doing better.
- CALT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.54% | ||
| PM (TTM) | 6.02% | ||
| GM | 33.85% |
OM growth 3Y-1.63%
OM growth 5Y3.2%
PM growth 3Y0.36%
PM growth 5Y15.12%
GM growth 3Y-17.96%
GM growth 5Y-11.98%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CALT is destroying value.
- Compared to 1 year ago, CALT has about the same amount of shares outstanding.
- The number of shares outstanding for CALT remains at a similar level compared to 5 years ago.
- CALT has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.67, we must say that CALT is in the distress zone and has some risk of bankruptcy.
- CALT has a worse Altman-Z score (1.67) than 82.35% of its industry peers.
- CALT has a debt to FCF ratio of 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.76, CALT belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
- A Debt/Equity ratio of 0.13 indicates that CALT is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.13, CALT is doing good in the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | 1.67 |
ROIC/WACC0.6
WACC7.81%
2.3 Liquidity
- CALT has a Current Ratio of 1.48. This is a normal value and indicates that CALT is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of CALT (1.48) is worse than 64.71% of its industry peers.
- A Quick Ratio of 1.22 indicates that CALT should not have too much problems paying its short term obligations.
- CALT has a Quick ratio (1.22) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
- The earnings per share for CALT have decreased by -4.33% in the last year.
- Measured over the past years, CALT shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.10% on average per year.
- CALT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.09%.
- The Revenue has been growing slightly by 7.84% on average over the past years.
EPS 1Y (TTM)-4.33%
EPS 3Y10.89%
EPS 5Y24.1%
EPS Q2Q%3.03%
Revenue 1Y (TTM)12.09%
Revenue growth 3Y10.49%
Revenue growth 5Y7.84%
Sales Q2Q%10.79%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.23, the valuation of CALT can be described as reasonable.
- CALT's Price/Earnings ratio is rather cheap when compared to the industry. CALT is cheaper than 88.24% of the companies in the same industry.
- CALT is valuated cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.23 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CALT is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
- CALT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CALT is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | 1.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.38
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.58%, CALT has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.76, CALT has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, CALT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
5.2 History
- The dividend of CALT is nicely growing with an annual growth rate of 26.61%!
Dividend Growth(5Y)26.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 47.75% of the earnings are spent on dividend by CALT. This is a bit on the high side, but may be sustainable.
- CALT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.75%
EPS Next 2YN/A
EPS Next 3YN/A
CALTAGIRONE SPA / CALT.MI FAQ
What is the fundamental rating for CALT stock?
ChartMill assigns a fundamental rating of 4 / 10 to CALT.MI.
What is the valuation status of CALTAGIRONE SPA (CALT.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to CALTAGIRONE SPA (CALT.MI). This can be considered as Fairly Valued.
How profitable is CALTAGIRONE SPA (CALT.MI) stock?
CALTAGIRONE SPA (CALT.MI) has a profitability rating of 4 / 10.
What are the PE and PB ratios of CALTAGIRONE SPA (CALT.MI) stock?
The Price/Earnings (PE) ratio for CALTAGIRONE SPA (CALT.MI) is 9.23 and the Price/Book (PB) ratio is 0.61.
How sustainable is the dividend of CALTAGIRONE SPA (CALT.MI) stock?
The dividend rating of CALTAGIRONE SPA (CALT.MI) is 4 / 10 and the dividend payout ratio is 47.75%.