COMER INDUSTRIES SPA (COM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:COM - IT0005246191 - Common Stock
52 EUR
+0.3 (+0.58%)
Taking everything into account, COM scores 5 out of 10 in our fundamental rating. COM was compared to 111 industry peers in the Machinery industry. COM scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, COM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year COM was profitable.
- In the past year COM had a positive cash flow from operations.
- COM had positive earnings in each of the past 5 years.
- Of the past 5 years COM 4 years had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 5.33%, COM is doing good in the industry, outperforming 68.70% of the companies in the same industry.
- With a decent Return On Equity value of 11.19%, COM is doing good in the industry, outperforming 68.70% of the companies in the same industry.
- COM's Return On Invested Capital of 7.68% is fine compared to the rest of the industry. COM outperforms 61.74% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for COM is in line with the industry average of 9.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.33% | ||
| ROE | 11.19% | ||
| ROIC | 7.68% |
ROA(3y)7.04%
ROA(5y)6.33%
ROE(3y)17.11%
ROE(5y)15.58%
ROIC(3y)10.44%
ROIC(5y)9.78%
1.3 Margins
- Looking at the Profit Margin, with a value of 6.85%, COM is in the better half of the industry, outperforming 68.70% of the companies in the same industry.
- In the last couple of years the Profit Margin of COM has grown nicely.
- COM's Operating Margin of 9.76% is fine compared to the rest of the industry. COM outperforms 69.57% of its industry peers.
- COM's Operating Margin has improved in the last couple of years.
- The Gross Margin of COM (45.80%) is better than 62.61% of its industry peers.
- COM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.76% | ||
| PM (TTM) | 6.85% | ||
| GM | 45.8% |
OM growth 3Y3.37%
OM growth 5Y8.78%
PM growth 3Y2.52%
PM growth 5Y9.17%
GM growth 3Y6.7%
GM growth 5Y3.91%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), COM is creating some value.
- Compared to 1 year ago, COM has about the same amount of shares outstanding.
- The number of shares outstanding for COM has been increased compared to 5 years ago.
- The debt/assets ratio for COM is higher compared to a year ago.
2.2 Solvency
- COM has an Altman-Z score of 3.18. This indicates that COM is financially healthy and has little risk of bankruptcy at the moment.
- COM's Altman-Z score of 3.18 is fine compared to the rest of the industry. COM outperforms 70.43% of its industry peers.
- COM has a debt to FCF ratio of 2.40. This is a good value and a sign of high solvency as COM would need 2.40 years to pay back of all of its debts.
- COM has a better Debt to FCF ratio (2.40) than 76.52% of its industry peers.
- COM has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
- COM has a Debt to Equity ratio of 0.17. This is in the better half of the industry: COM outperforms 72.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.4 | ||
| Altman-Z | 3.18 |
ROIC/WACC1
WACC7.7%
2.3 Liquidity
- A Current Ratio of 1.54 indicates that COM should not have too much problems paying its short term obligations.
- The Current ratio of COM (1.54) is comparable to the rest of the industry.
- COM has a Quick Ratio of 1.54. This is a bad value and indicates that COM is not financially healthy enough and could expect problems in meeting its short term obligations.
- COM has a Quick ratio (0.95) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- The earnings per share for COM have decreased strongly by -23.38% in the last year.
- The Earnings Per Share has been growing by 20.95% on average over the past years. This is a very strong growth
- The Revenue for COM has decreased by -19.85% in the past year. This is quite bad
- The Revenue has been growing by 18.57% on average over the past years. This is quite good.
EPS 1Y (TTM)-23.38%
EPS 3Y19.5%
EPS 5Y20.95%
EPS Q2Q%-19.67%
Revenue 1Y (TTM)-19.85%
Revenue growth 3Y16.52%
Revenue growth 5Y18.57%
Sales Q2Q%-15.94%
3.2 Future
- COM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.51% yearly.
- COM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.72% yearly.
EPS Next Y-16.39%
EPS Next 2Y5.08%
EPS Next 3Y8.51%
EPS Next 5YN/A
Revenue Next Year-7.15%
Revenue Next 2Y14.46%
Revenue Next 3Y11.52%
Revenue Next 5Y2.72%
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
- Based on the Price/Earnings ratio of 25.00, the valuation of COM can be described as expensive.
- COM's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, COM is valued at the same level.
- COM is valuated rather expensively with a Price/Forward Earnings ratio of 17.36.
- The rest of the industry has a similar Price/Forward Earnings ratio as COM.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, COM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25 | ||
| Fwd PE | 17.36 |
4.2 Price Multiples
- COM's Enterprise Value to EBITDA ratio is in line with the industry average.
- COM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22 | ||
| EV/EBITDA | 11.22 |
4.3 Compensation for Growth
- The decent profitability rating of COM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.19
EPS Next 2Y5.08%
EPS Next 3Y8.51%
5. Dividend
5.1 Amount
- COM has a Yearly Dividend Yield of 1.56%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.48, COM has a dividend in line with its industry peers.
- COM's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
- The dividend of COM is nicely growing with an annual growth rate of 13.87%!
Dividend Growth(5Y)13.87%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 38.42% of the earnings are spent on dividend by COM. This is a low number and sustainable payout ratio.
- The dividend of COM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP38.42%
EPS Next 2Y5.08%
EPS Next 3Y8.51%
COMER INDUSTRIES SPA / COM.MI FAQ
Can you provide the ChartMill fundamental rating for COMER INDUSTRIES SPA?
ChartMill assigns a fundamental rating of 5 / 10 to COM.MI.
Can you provide the valuation status for COMER INDUSTRIES SPA?
ChartMill assigns a valuation rating of 3 / 10 to COMER INDUSTRIES SPA (COM.MI). This can be considered as Overvalued.
How profitable is COMER INDUSTRIES SPA (COM.MI) stock?
COMER INDUSTRIES SPA (COM.MI) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for COM stock?
The Price/Earnings (PE) ratio for COMER INDUSTRIES SPA (COM.MI) is 25 and the Price/Book (PB) ratio is 2.8.
How financially healthy is COMER INDUSTRIES SPA?
The financial health rating of COMER INDUSTRIES SPA (COM.MI) is 5 / 10.