CEMBRE SPA (CMB.MI) Stock Fundamental Analysis
BIT:CMB - Euronext Milan - IT0001128047 - Common Stock - Currency: EUR
Taking everything into account, CMB scores 7 out of 10 in our fundamental rating. CMB was compared to 59 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making CMB a very profitable company, without any liquidiy or solvency issues. CMB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CMB was profitable.
CMB had a positive operating cash flow in the past year.
In the past 5 years CMB has always been profitable.
In the past 5 years CMB always reported a positive cash flow from operatings.
1.2 Ratios
CMB's Return On Assets of 21.11% is amongst the best of the industry. CMB outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 27.18%, CMB belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 25.64%, CMB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CMB had an Average Return On Invested Capital over the past 3 years of 16.31%. This is significantly above the industry average of 8.25%.
The last Return On Invested Capital (25.64%) for CMB is above the 3 year average (16.31%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.11% | ||
| ROE | 27.18% | ||
| ROIC | 25.64% |
ROA(3y)13.42%
ROA(5y)11.9%
ROE(3y)17.06%
ROE(5y)15.26%
ROIC(3y)16.31%
ROIC(5y)14.45%
1.3 Margins
Looking at the Profit Margin, with a value of 16.66%, CMB belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
In the last couple of years the Profit Margin of CMB has grown nicely.
CMB has a better Operating Margin (22.22%) than 98.33% of its industry peers.
CMB's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 67.83%, CMB belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
CMB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.22% | ||
| PM (TTM) | 16.66% | ||
| GM | 67.83% |
OM growth 3Y8.08%
OM growth 5Y3.74%
PM growth 3Y9.86%
PM growth 5Y3.06%
GM growth 3Y-0.96%
GM growth 5Y0.16%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CMB is creating value.
CMB has about the same amout of shares outstanding than it did 1 year ago.
CMB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CMB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 11.46 indicates that CMB is not in any danger for bankruptcy at the moment.
The Altman-Z score of CMB (11.46) is better than 100.00% of its industry peers.
The Debt to FCF ratio of CMB is 0.93, which is an excellent value as it means it would take CMB, only 0.93 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CMB (0.93) is better than 100.00% of its industry peers.
CMB has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
CMB's Debt to Equity ratio of 0.04 is amongst the best of the industry. CMB outperforms 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | 11.46 |
ROIC/WACC3.11
WACC8.25%
2.3 Liquidity
CMB has a Current Ratio of 3.06. This indicates that CMB is financially healthy and has no problem in meeting its short term obligations.
CMB's Current ratio of 3.06 is amongst the best of the industry. CMB outperforms 85.00% of its industry peers.
A Quick Ratio of 1.38 indicates that CMB should not have too much problems paying its short term obligations.
CMB has a Quick ratio of 1.38. This is in the better half of the industry: CMB outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
CMB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.82%.
Measured over the past years, CMB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.47% on average per year.
Looking at the last year, CMB shows a small growth in Revenue. The Revenue has grown by 4.23% in the last year.
The Revenue has been growing by 9.08% on average over the past years. This is quite good.
EPS 1Y (TTM)-1.82%
EPS 3Y28.93%
EPS 5Y12.47%
EPS Q2Q%0.86%
Revenue 1Y (TTM)4.23%
Revenue growth 3Y17.51%
Revenue growth 5Y9.08%
Sales Q2Q%0.73%
3.2 Future
The Earnings Per Share is expected to grow by 4.63% on average over the next years.
The Revenue is expected to grow by 5.72% on average over the next years.
EPS Next Y-2.23%
EPS Next 2Y3.39%
EPS Next 3Y4.63%
EPS Next 5YN/A
Revenue Next Year3.58%
Revenue Next 2Y5.02%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.66, CMB is valued correctly.
Based on the Price/Earnings ratio, CMB is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
CMB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 17.82, which indicates a rather expensive current valuation of CMB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMB is on the same level as its industry peers.
CMB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 17.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMB indicates a somewhat cheap valuation: CMB is cheaper than 66.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CMB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.78 | ||
| EV/EBITDA | 8.84 |
4.3 Compensation for Growth
CMB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.1
EPS Next 2Y3.39%
EPS Next 3Y4.63%
5. Dividend
5.1 Amount
CMB has a Yearly Dividend Yield of 3.99%. Purely for dividend investing, there may be better candidates out there.
CMB's Dividend Yield is rather good when compared to the industry average which is at 2.91. CMB pays more dividend than 93.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, CMB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
5.2 History
The dividend of CMB is nicely growing with an annual growth rate of 11.83%!
Dividend Growth(5Y)11.83%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CMB pays out 54.19% of its income as dividend. This is a bit on the high side, but may be sustainable.
CMB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP54.19%
EPS Next 2Y3.39%
EPS Next 3Y4.63%
BIT:CMB (3/7/2025, 7:00:00 PM)
45.35
+0.3 (+0.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners15.59%
Inst Owner ChangeN/A
Ins Owners17.89%
Ins Owner ChangeN/A
Market Cap770.95M
Analysts47.5
Price Target41.31 (-8.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
Yearly Dividend1.4
Dividend Growth(5Y)11.83%
DP54.19%
Div Incr Years0
Div Non Decr Years0
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 17.82 | ||
| P/S | 2.3 | ||
| P/FCF | 37.78 | ||
| P/OCF | 16.64 | ||
| P/B | 3.76 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)3.32
EY7.32%
EPS(NY)2.55
Fwd EY5.61%
FCF(TTM)1.2
FCFY2.65%
OCF(TTM)2.72
OCFY6.01%
SpS19.7
BVpS12.08
TBVpS11.52
PEG (NY)N/A
PEG (5Y)1.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.11% | ||
| ROE | 27.18% | ||
| ROCE | 34.02% | ||
| ROIC | 25.64% | ||
| ROICexc | 27.73% | ||
| ROICexgc | 29.1% | ||
| OM | 22.22% | ||
| PM (TTM) | 16.66% | ||
| GM | 67.83% | ||
| FCFM | 6.09% |
ROA(3y)13.42%
ROA(5y)11.9%
ROE(3y)17.06%
ROE(5y)15.26%
ROIC(3y)16.31%
ROIC(5y)14.45%
ROICexc(3y)22.74%
ROICexc(5y)19.27%
ROICexgc(3y)24.47%
ROICexgc(5y)20.69%
ROCE(3y)21.64%
ROCE(5y)19.18%
ROICexcg growth 3Y12.84%
ROICexcg growth 5Y7.65%
ROICexc growth 3Y13.53%
ROICexc growth 5Y7.89%
OM growth 3Y8.08%
OM growth 5Y3.74%
PM growth 3Y9.86%
PM growth 5Y3.06%
GM growth 3Y-0.96%
GM growth 5Y0.16%
F-Score3
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | 0.09 | ||
| Cap/Depr | 197.86% | ||
| Cap/Sales | 7.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.93% | ||
| Profit Quality | 36.58% | ||
| Current Ratio | 3.06 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 11.46 |
F-Score3
WACC8.25%
ROIC/WACC3.11
Cap/Depr(3y)98.86%
Cap/Depr(5y)97.38%
Cap/Sales(3y)6.04%
Cap/Sales(5y)6.38%
Profit Quality(3y)75.27%
Profit Quality(5y)88.29%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.82%
EPS 3Y28.93%
EPS 5Y12.47%
EPS Q2Q%0.86%
EPS Next Y-2.23%
EPS Next 2Y3.39%
EPS Next 3Y4.63%
EPS Next 5YN/A
Revenue 1Y (TTM)4.23%
Revenue growth 3Y17.51%
Revenue growth 5Y9.08%
Sales Q2Q%0.73%
Revenue Next Year3.58%
Revenue Next 2Y5.02%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
EBIT growth 1Y-1.86%
EBIT growth 3Y27.01%
EBIT growth 5Y13.17%
EBIT Next Year22.2%
EBIT Next 3Y12.34%
EBIT Next 5YN/A
FCF growth 1Y35.59%
FCF growth 3Y12.33%
FCF growth 5YN/A
OCF growth 1Y82.89%
OCF growth 3Y15.2%
OCF growth 5Y14.92%