COLOPLAST-B (CBHD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CBHD - DK0060448595 - Common Stock
72.28 EUR
-0.7 (-0.96%)
We assign a fundamental rating of 6 out of 10 to CBHD. CBHD was compared to 63 industry peers in the Health Care Equipment & Supplies industry. While CBHD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CBHD has a decent growth rate and is not valued too expensively. Finally CBHD also has an excellent dividend rating. With these ratings, CBHD could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
- In the past year CBHD was profitable.
- In the past year CBHD had a positive cash flow from operations.
- CBHD had positive earnings in each of the past 5 years.
- Each year in the past 5 years CBHD had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.52%, CBHD belongs to the top of the industry, outperforming 82.09% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 22.55%, CBHD belongs to the top of the industry, outperforming 91.04% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 12.65%, CBHD belongs to the best of the industry, outperforming 91.04% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for CBHD is above the industry average of 9.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.52% | ||
| ROE | 22.55% | ||
| ROIC | 12.65% |
ROA(3y)9.32%
ROA(5y)14.2%
ROE(3y)26.12%
ROE(5y)38.84%
ROIC(3y)13.59%
ROIC(5y)18.83%
1.3 Margins
- With a decent Profit Margin value of 13.04%, CBHD is doing good in the industry, outperforming 76.12% of the companies in the same industry.
- In the last couple of years the Profit Margin of CBHD has declined.
- CBHD has a Operating Margin of 27.52%. This is amongst the best in the industry. CBHD outperforms 94.03% of its industry peers.
- CBHD's Operating Margin has declined in the last couple of years.
- CBHD has a Gross Margin of 67.97%. This is in the better half of the industry: CBHD outperforms 74.63% of its industry peers.
- In the last couple of years the Gross Margin of CBHD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.52% | ||
| PM (TTM) | 13.04% | ||
| GM | 67.97% |
OM growth 3Y-3.48%
OM growth 5Y-2.71%
PM growth 3Y-14.46%
PM growth 5Y-10.44%
GM growth 3Y-0.39%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CBHD is creating value.
- Compared to 1 year ago, CBHD has about the same amount of shares outstanding.
- The number of shares outstanding for CBHD has been increased compared to 5 years ago.
- CBHD has a better debt/assets ratio than last year.
2.2 Solvency
- CBHD has an Altman-Z score of 3.82. This indicates that CBHD is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.82, CBHD is in the better half of the industry, outperforming 68.66% of the companies in the same industry.
- CBHD has a debt to FCF ratio of 4.34. This is a neutral value as CBHD would need 4.34 years to pay back of all of its debts.
- CBHD has a Debt to FCF ratio (4.34) which is in line with its industry peers.
- CBHD has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.24, CBHD is not doing good in the industry: 80.60% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 3.82 |
ROIC/WACC2.11
WACC5.98%
2.3 Liquidity
- CBHD has a Current Ratio of 1.61. This is a normal value and indicates that CBHD is financially healthy and should not expect problems in meeting its short term obligations.
- CBHD has a Current ratio of 1.61. This is comparable to the rest of the industry: CBHD outperforms 50.75% of its industry peers.
- CBHD has a Quick Ratio of 1.00. This is a normal value and indicates that CBHD is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.00, CBHD perfoms like the industry average, outperforming 43.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
- CBHD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.93%.
- The Earnings Per Share has been decreasing by -2.02% on average over the past years.
- The Revenue has been growing slightly by 3.12% in the past year.
- Measured over the past years, CBHD shows a quite strong growth in Revenue. The Revenue has been growing by 8.49% on average per year.
EPS 1Y (TTM)-20.93%
EPS 3Y-7.04%
EPS 5Y-2.02%
EPS Q2Q%-20.03%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.27%
Revenue growth 5Y8.49%
Sales Q2Q%0.1%
3.2 Future
- CBHD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.23% yearly.
- The Revenue is expected to grow by 6.95% on average over the next years.
EPS Next Y46.9%
EPS Next 2Y27.22%
EPS Next 3Y21.12%
EPS Next 5Y16.23%
Revenue Next Year4.89%
Revenue Next 2Y6.18%
Revenue Next 3Y6.54%
Revenue Next 5Y6.95%
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 30.37, CBHD can be considered very expensive at the moment.
- CBHD's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, CBHD is valued at the same level.
- With a Price/Forward Earnings ratio of 20.69, CBHD is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CBHD is on the same level as its industry peers.
- CBHD's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.37 | ||
| Fwd PE | 20.69 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CBHD is on the same level as its industry peers.
- 74.63% of the companies in the same industry are more expensive than CBHD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.75 | ||
| EV/EBITDA | 14.82 |
4.3 Compensation for Growth
- CBHD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of CBHD may justify a higher PE ratio.
- CBHD's earnings are expected to grow with 21.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y27.22%
EPS Next 3Y21.12%
5. Dividend
5.1 Amount
- CBHD has a Yearly Dividend Yield of 4.16%, which is a nice return.
- CBHD's Dividend Yield is rather good when compared to the industry average which is at 0.96. CBHD pays more dividend than 98.51% of the companies in the same industry.
- CBHD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
5.2 History
- The dividend of CBHD has a limited annual growth rate of 5.30%.
Dividend Growth(5Y)5.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- CBHD pays out 136.36% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of CBHD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP136.36%
EPS Next 2Y27.22%
EPS Next 3Y21.12%
COLOPLAST-B / CBHD.DE FAQ
What is the ChartMill fundamental rating of COLOPLAST-B (CBHD.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to CBHD.DE.
Can you provide the valuation status for COLOPLAST-B?
ChartMill assigns a valuation rating of 5 / 10 to COLOPLAST-B (CBHD.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for COLOPLAST-B?
COLOPLAST-B (CBHD.DE) has a profitability rating of 7 / 10.
How financially healthy is COLOPLAST-B?
The financial health rating of COLOPLAST-B (CBHD.DE) is 5 / 10.
What is the expected EPS growth for COLOPLAST-B (CBHD.DE) stock?
The Earnings per Share (EPS) of COLOPLAST-B (CBHD.DE) is expected to grow by 46.9% in the next year.