CEMBRE SPA (CMB.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:CMB - IT0001128047 - Common Stock
67.4 EUR
+1.9 (+2.9%)
Taking everything into account, CMB scores 7 out of 10 in our fundamental rating. CMB was compared to 73 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 is not valued too expensively and it also shows a decent growth rate. This makes CMB very considerable 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.
- In the past 5 years CMB has always been profitable.
- CMB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- CMB has a Return On Assets of 22.19%. This is amongst the best in the industry. CMB outperforms 100.00% of its industry peers.
- The Return On Equity of CMB (30.90%) is better than 98.63% of its industry peers.
- CMB's Return On Invested Capital of 29.30% is amongst the best of the industry. CMB outperforms 98.63% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CMB is significantly above the industry average of 9.58%.
- The last Return On Invested Capital (29.30%) for CMB is above the 3 year average (18.10%), which is a sign of increasing profitability.
| 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 97.26% of its industry peers.
- In the last couple of years the Profit Margin of CMB has grown nicely.
- CMB has a better Operating Margin (24.09%) than 97.26% of its industry peers.
- In the last couple of years the Operating Margin of CMB has grown nicely.
- CMB has a Gross Margin of 70.10%. This is amongst the best in the industry. CMB outperforms 91.78% 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CMB is creating value.
- Compared to 1 year ago, CMB has about the same amount of shares outstanding.
- Compared to 5 years ago, CMB has more shares outstanding
- Compared to 1 year ago, CMB has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 11.55 indicates that CMB is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 11.55, CMB belongs to the top of the industry, outperforming 98.63% 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.
- CMB has a Debt to FCF ratio of 2.23. This is in the better half of the industry: CMB outperforms 78.08% of its industry peers.
- A Debt/Equity ratio of 0.04 indicates that CMB is not too dependend on debt financing.
- CMB's Debt to Equity ratio of 0.04 is amongst the best of the industry. CMB outperforms 91.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 2.23 | ||
| Altman-Z | 11.55 |
ROIC/WACC3.43
WACC8.54%
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.
- With a decent Current ratio value of 2.21, CMB is doing good in the industry, outperforming 78.08% of the companies in the same industry.
- CMB has a Quick Ratio of 1.09. This is a normal value and indicates that CMB is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.09, CMB is in the better half of the industry, outperforming 69.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 15.86% over the past year.
- The Earnings Per Share has been growing by 14.46% on average over the past years. This is quite good.
- CMB shows a small growth in Revenue. In the last year, the Revenue has grown by 3.52%.
- 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.
- Based on estimates for the next years, CMB will show a small growth in Revenue. The Revenue will grow by 6.99% on average per year.
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.
- 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
- CMB is valuated rather expensively with a Price/Earnings ratio of 17.55.
- Based on the Price/Earnings ratio, CMB is valued cheaper than 86.30% of the companies in the same industry.
- CMB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 23.58, CMB is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, CMB is valued a bit cheaper than 60.27% of the companies in the same industry.
- CMB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 23.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CMB is valued a bit cheaper than the industry average as 76.71% of the companies are valued more expensively.
- 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 | 63.6 | ||
| EV/EBITDA | 11.67 |
4.3 Compensation for Growth
- The 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)1.45
PEG (5Y)1.21
EPS Next 2Y10.8%
EPS Next 3Y11.01%
5. Dividend
5.1 Amount
- CMB has a Yearly Dividend Yield of 2.80%. 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 0.82. CMB pays more dividend than 93.15% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.86, CMB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
5.2 History
- On average, the dividend of CMB grows each year by 14.86%, which is quite nice.
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.
- CMB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.95%
EPS Next 2Y10.8%
EPS Next 3Y11.01%
BIT:CMB (1/22/2026, 5:29:48 PM)
67.4
+1.9 (+2.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-14 2025-11-14
Earnings (Next)03-13 2026-03-13/amc
Inst Owners14.02%
Inst Owner ChangeN/A
Ins Owners17.89%
Ins Owner ChangeN/A
Market Cap1.15B
Revenue(TTM)346.26M
Net Income(TTM)64.58M
Analysts77.14
Price Target65.96 (-2.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
Yearly Dividend1.8
Dividend Growth(5Y)14.86%
DP48.95%
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)28.05%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 23.58 | ||
| P/S | 3.31 | ||
| P/FCF | 63.6 | ||
| P/OCF | 24.96 | ||
| P/B | 5.48 | ||
| P/tB | 5.74 | ||
| EV/EBITDA | 11.67 |
EPS(TTM)3.84
EY5.7%
EPS(NY)2.86
Fwd EY4.24%
FCF(TTM)1.06
FCFY1.57%
OCF(TTM)2.7
OCFY4.01%
SpS20.37
BVpS12.3
TBVpS11.73
PEG (NY)1.45
PEG (5Y)1.21
Graham Number32.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.19% | ||
| ROE | 30.9% | ||
| ROCE | 37.79% | ||
| ROIC | 29.3% | ||
| ROICexc | 31.62% | ||
| ROICexgc | 33.15% | ||
| OM | 24.09% | ||
| PM (TTM) | 18.65% | ||
| GM | 70.1% | ||
| FCFM | 5.2% |
ROA(3y)15.11%
ROA(5y)12.91%
ROE(3y)18.73%
ROE(5y)16.43%
ROIC(3y)18.1%
ROIC(5y)16.11%
ROICexc(3y)20.33%
ROICexc(5y)20.99%
ROICexgc(3y)21.37%
ROICexgc(5y)22.45%
ROCE(3y)23.12%
ROCE(5y)20.57%
ROICexgc growth 3Y-14.75%
ROICexgc growth 5Y5.69%
ROICexc growth 3Y-13.07%
ROICexc growth 5Y6.06%
OM growth 3Y3.91%
OM growth 5Y4.36%
PM growth 3Y6.9%
PM growth 5Y4.57%
GM growth 3Y0.43%
GM growth 5Y0.07%
F-Score5
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 2.23 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 201.99% | ||
| Cap/Sales | 8.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 47.22% | ||
| Profit Quality | 27.9% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 11.55 |
F-Score5
WACC8.54%
ROIC/WACC3.43
Cap/Depr(3y)146.17%
Cap/Depr(5y)118%
Cap/Sales(3y)8.53%
Cap/Sales(5y)7.36%
Profit Quality(3y)53.16%
Profit Quality(5y)75.45%
High Growth Momentum
Growth
EPS 1Y (TTM)15.86%
EPS 3Y18.82%
EPS 5Y14.46%
EPS Q2Q%8.44%
EPS Next Y12.08%
EPS Next 2Y10.8%
EPS Next 3Y11.01%
EPS Next 5YN/A
Revenue 1Y (TTM)3.52%
Revenue growth 3Y11.25%
Revenue growth 5Y9.44%
Sales Q2Q%3.98%
Revenue Next Year6.06%
Revenue Next 2Y6.78%
Revenue Next 3Y6.99%
Revenue Next 5YN/A
EBIT growth 1Y12.66%
EBIT growth 3Y15.6%
EBIT growth 5Y14.22%
EBIT Next Year40.32%
EBIT Next 3Y18.31%
EBIT Next 5YN/A
FCF growth 1Y-21.3%
FCF growth 3Y-14.59%
FCF growth 5Y-5.79%
OCF growth 1Y21.35%
OCF growth 3Y8.96%
OCF growth 5Y6.26%
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 17.55 and the Price/Book (PB) ratio is 5.48.
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.