CEMBRE SPA (CMB.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:CMB • IT0001128047
69.6 EUR
+0.4 (+0.58%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 7 out of 10 to CMB. CMB was compared to 75 industry peers in the Electrical Equipment industry. CMB has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CMB has a decent growth rate and is not valued too expensively. These ratings could make CMB a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- In the past year CMB was profitable.
- CMB had a positive operating cash flow in the past year.
- CMB had positive earnings in each of the past 5 years.
- Each year in the past 5 years CMB had a positive operating cash flow.
1.2 Ratios
- CMB's Return On Assets of 22.19% is amongst the best of the industry. CMB outperforms 100.00% of its industry peers.
- CMB has a Return On Equity of 30.90%. This is amongst the best in the industry. CMB outperforms 98.67% of its industry peers.
- The Return On Invested Capital of CMB (29.30%) is better than 98.67% of its industry peers.
- CMB had an Average Return On Invested Capital over the past 3 years of 18.10%. This is significantly above the industry average of 9.59%.
- The 3 year average ROIC (18.10%) for CMB is below the current ROIC(29.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.19% | ||
| ROE | 30.9% | ||
| ROIC | 29.3% |
ROA(3y)15.11%
ROA(5y)12.91%
ROE(3y)18.73%
ROE(5y)16.43%
ROIC(3y)18.1%
ROIC(5y)16.11%
1.3 Margins
- CMB has a better Profit Margin (18.65%) than 96.00% of its industry peers.
- CMB's Profit Margin has improved in the last couple of years.
- CMB has a better Operating Margin (24.09%) than 96.00% of its industry peers.
- In the last couple of years the Operating Margin of CMB has grown nicely.
- CMB's Gross Margin of 70.10% is amongst the best of the industry. CMB outperforms 90.67% of its industry peers.
- CMB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.09% | ||
| PM (TTM) | 18.65% | ||
| GM | 70.1% |
OM growth 3Y3.91%
OM growth 5Y4.36%
PM growth 3Y6.9%
PM growth 5Y4.57%
GM growth 3Y0.43%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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 a worse debt to assets ratio.
2.2 Solvency
- CMB has an Altman-Z score of 12.06. This indicates that CMB is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 12.06, CMB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- CMB has a debt to FCF ratio of 2.23. This is a good value and a sign of high solvency as CMB would need 2.23 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 2.23, CMB is doing good in the industry, outperforming 78.67% of the companies in the same industry.
- CMB has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.04, CMB belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 2.23 | ||
| Altman-Z | 12.06 |
ROIC/WACC3.23
WACC9.08%
2.3 Liquidity
- CMB has a Current Ratio of 2.21. This indicates that CMB is financially healthy and has no problem in meeting its short term obligations.
- CMB has a better Current ratio (2.21) than 76.00% of its industry peers.
- A Quick Ratio of 1.09 indicates that CMB should not have too much problems paying its short term obligations.
- CMB has a better Quick ratio (1.09) than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
- CMB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.86%, which is quite good.
- CMB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.46% yearly.
- Looking at the last year, CMB shows a small growth in Revenue. The Revenue has grown by 3.52% in the last year.
- Measured over the past years, CMB shows a quite strong growth in Revenue. The Revenue has been growing by 9.44% on average per year.
EPS 1Y (TTM)15.86%
EPS 3Y18.82%
EPS 5Y14.46%
EPS Q2Q%8.44%
Revenue 1Y (TTM)3.52%
Revenue growth 3Y11.25%
Revenue growth 5Y9.44%
Sales Q2Q%3.98%
3.2 Future
- CMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.01% yearly.
- CMB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.99% yearly.
EPS Next Y12.08%
EPS Next 2Y10.8%
EPS Next 3Y11.01%
EPS Next 5YN/A
Revenue Next Year6.06%
Revenue Next 2Y6.78%
Revenue Next 3Y6.99%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
- The Price/Earnings ratio is 18.13, which indicates a rather expensive current valuation of CMB.
- Compared to the rest of the industry, the Price/Earnings ratio of CMB indicates a rather cheap valuation: CMB is cheaper than 88.00% of the companies listed in the same industry.
- CMB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.32.
- Based on the Price/Forward Earnings ratio of 24.35, the valuation of CMB can be described as rather expensive.
- CMB's Price/Forward Earnings is on the same level as the industry average.
- CMB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.13 | ||
| Fwd PE | 24.35 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CMB is valued a bit cheaper than the industry average as 78.67% of the companies are valued more expensively.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CMB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.68 | ||
| EV/EBITDA | 12.39 |
4.3 Compensation for Growth
- CMB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of CMB may justify a higher PE ratio.
PEG (NY)1.5
PEG (5Y)1.25
EPS Next 2Y10.8%
EPS Next 3Y11.01%
5. Dividend
5.1 Amount
- CMB has a Yearly Dividend Yield of 2.72%.
- Compared to an average industry Dividend Yield of 0.74, CMB pays a better dividend. On top of this CMB pays more dividend than 93.33% of the companies listed in the same industry.
- CMB's Dividend Yield is a higher than the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
- The dividend of CMB is nicely growing with an annual growth rate of 14.86%!
Dividend Growth(5Y)14.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 48.95% of the earnings are spent on dividend by CMB. This is a bit on the high side, but may be sustainable.
- The dividend of CMB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.95%
EPS Next 2Y10.8%
EPS Next 3Y11.01%
CEMBRE SPA / CMB.MI FAQ
Can you provide the ChartMill fundamental rating for CEMBRE SPA?
ChartMill assigns a fundamental rating of 7 / 10 to CMB.MI.
What is the valuation status of CEMBRE SPA (CMB.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to CEMBRE SPA (CMB.MI). This can be considered as Fairly Valued.
How profitable is CEMBRE SPA (CMB.MI) stock?
CEMBRE SPA (CMB.MI) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for CMB stock?
The Price/Earnings (PE) ratio for CEMBRE SPA (CMB.MI) is 18.13 and the Price/Book (PB) ratio is 5.66.
What is the expected EPS growth for CEMBRE SPA (CMB.MI) stock?
The Earnings per Share (EPS) of CEMBRE SPA (CMB.MI) is expected to grow by 12.08% in the next year.