COLOPLAST-B (CBHD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CBHD - DK0060448595 - Common Stock
72.38 EUR
+0.84 (+1.17%)
CBHD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 63 industry peers in the Health Care Equipment & Supplies industry. CBHD scores excellent on profitability, but there are some minor concerns on its financial health. CBHD has a correct valuation and a medium growth rate. CBHD also has an excellent dividend rating. These ratings could make CBHD a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
- In the past year CBHD was profitable.
- CBHD had a positive operating cash flow in the past year.
- CBHD had positive earnings in each of the past 5 years.
- In the past 5 years CBHD always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 7.52%, CBHD belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
- CBHD has a better Return On Equity (22.55%) than 92.06% of its industry peers.
- With an excellent Return On Invested Capital value of 12.65%, CBHD belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
- CBHD had an Average Return On Invested Capital over the past 3 years of 13.59%. This 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
- CBHD's Profit Margin of 13.04% is fine compared to the rest of the industry. CBHD outperforms 76.19% of its industry peers.
- In the last couple of years the Profit Margin of CBHD has declined.
- CBHD has a better Operating Margin (27.52%) than 93.65% of its industry peers.
- In the last couple of years the Operating Margin of CBHD has declined.
- With a decent Gross Margin value of 67.97%, CBHD is doing good in the industry, outperforming 74.60% of the companies in the same industry.
- CBHD's Gross Margin has been stable in the last couple of years.
| 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
- CBHD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
- Compared to 1 year ago, CBHD has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.82 indicates that CBHD is not in any danger for 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 66.67% 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's Debt to FCF ratio of 4.34 is in line compared to the rest of the industry. CBHD outperforms 58.73% of its industry peers.
- A Debt/Equity ratio of 1.24 is on the high side and indicates that CBHD has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.24, CBHD is doing worse than 80.95% of the companies in the same industry.
| 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.
- With a Current ratio value of 1.61, CBHD perfoms like the industry average, outperforming 50.79% of the companies in the same industry.
- 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.
- CBHD's Quick ratio of 1.00 is in line compared to the rest of the industry. CBHD outperforms 44.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
- The earnings per share for CBHD have decreased strongly by -20.93% in the last year.
- Measured over the past years, CBHD shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.02% on average per year.
- The Revenue has been growing slightly by 3.12% in the past year.
- CBHD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.49% yearly.
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
- The Earnings Per Share is expected to grow by 16.23% on average over the next years. This is quite good.
- CBHD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.95% yearly.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 30.41, the valuation of CBHD can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as CBHD.
- When comparing the Price/Earnings ratio of CBHD to the average of the S&P500 Index (28.39), we can say CBHD is valued inline with the index average.
- CBHD is valuated rather expensively with a Price/Forward Earnings ratio of 20.71.
- 60.32% of the companies in the same industry are more expensive than CBHD, based on the Price/Forward Earnings ratio.
- CBHD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.41 | ||
| Fwd PE | 20.71 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CBHD is valued a bit cheaper than 60.32% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, CBHD is valued a bit cheaper than the industry average as 73.02% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.77 | ||
| EV/EBITDA | 14.83 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CBHD has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as CBHD's earnings are expected to grow with 21.12% in the coming years.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y27.22%
EPS Next 3Y21.12%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.16%, CBHD is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.96, CBHD pays a better dividend. On top of this CBHD pays more dividend than 98.41% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, CBHD pays a better dividend.
| 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.
- CBHD's earnings are growing more than its dividend. This makes the dividend growth 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.