COMER INDUSTRIES SPA (COM.MI) Stock Fundamental Analysis
BIT:COM - Euronext Milan - IT0005246191 - Common Stock - Currency: EUR
Taking everything into account, COM scores 6 out of 10 in our fundamental rating. COM was compared to 105 industry peers in the Machinery industry. COM has an excellent profitability rating, but there are some minor concerns on its financial health. COM is valued quite cheap, but it does not seem to be growing. Finally COM also has an excellent dividend rating. These ratings would make COM suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year COM was profitable.
COM had a positive operating cash flow in the past year.
Each year in the past 5 years COM has been profitable.
Of the past 5 years COM 4 years had a positive operating cash flow.
1.2 Ratios
COM's Return On Assets of 6.56% is amongst the best of the industry. COM outperforms 81.73% of its industry peers.
The Return On Equity of COM (15.06%) is better than 81.73% of its industry peers.
COM has a better Return On Invested Capital (11.08%) than 85.58% of its industry peers.
COM had an Average Return On Invested Capital over the past 3 years of 9.31%. This is in line with the industry average of 8.45%.
The 3 year average ROIC (9.31%) for COM is below the current ROIC(11.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 15.06% | ||
| ROIC | 11.08% |
ROA(3y)6.18%
ROA(5y)6.41%
ROE(3y)16.79%
ROE(5y)15.98%
ROIC(3y)9.31%
ROIC(5y)10.41%
1.3 Margins
COM has a Profit Margin of 7.17%. This is amongst the best in the industry. COM outperforms 81.73% of its industry peers.
COM's Profit Margin has improved in the last couple of years.
COM has a Operating Margin of 11.21%. This is amongst the best in the industry. COM outperforms 83.65% of its industry peers.
COM's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 46.49%, COM is doing good in the industry, outperforming 62.50% of the companies in the same industry.
COM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.21% | ||
| PM (TTM) | 7.17% | ||
| GM | 46.49% |
OM growth 3Y15.54%
OM growth 5Y12.43%
PM growth 3Y11.91%
PM growth 5Y13.13%
GM growth 3Y6.65%
GM growth 5Y3.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so COM is still creating some value.
COM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for COM has been increased compared to 5 years ago.
COM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.49 indicates that COM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.49, COM is doing good in the industry, outperforming 61.54% of the companies in the same industry.
The Debt to FCF ratio of COM is 2.08, which is a good value as it means it would take COM, 2.08 years of fcf income to pay off all of its debts.
COM has a better Debt to FCF ratio (2.08) than 84.62% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that COM is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.17, COM is doing good in the industry, outperforming 75.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.53
WACC7.26%
2.3 Liquidity
COM has a Current Ratio of 1.36. This is a normal value and indicates that COM is financially healthy and should not expect problems in meeting its short term obligations.
COM has a Current ratio of 1.36. This is in the lower half of the industry: COM underperforms 60.58% of its industry peers.
COM has a Quick Ratio of 1.36. 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 of 0.80. This is in the lower half of the industry: COM underperforms 65.38% of its industry peers.
The current and quick ratio evaluation for COM is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
COM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.23%.
The Earnings Per Share has been growing by 28.81% on average over the past years. This is a very strong growth
The Revenue for COM has decreased by -15.65% in the past year. This is quite bad
Measured over the past years, COM shows a very strong growth in Revenue. The Revenue has been growing by 26.42% on average per year.
EPS 1Y (TTM)-20.23%
EPS 3Y45.42%
EPS 5Y28.81%
EPS Q2Q%-29.43%
Revenue 1Y (TTM)-15.65%
Revenue growth 3Y45.54%
Revenue growth 5Y26.42%
Sales Q2Q%-21.25%
3.2 Future
COM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.58% yearly.
The Revenue is expected to decrease by -5.07% on average over the next years.
EPS Next Y-27.18%
EPS Next 2Y-12.49%
EPS Next 3Y-4.58%
EPS Next 5YN/A
Revenue Next Year-21.07%
Revenue Next 2Y-10.77%
Revenue Next 3Y-5.07%
Revenue Next 5YN/A
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 decreasing.
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
COM is valuated reasonably with a Price/Earnings ratio of 10.24.
Compared to the rest of the industry, the Price/Earnings ratio of COM indicates a rather cheap valuation: COM is cheaper than 82.69% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. COM is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.64, which indicates a very decent valuation of COM.
80.77% of the companies in the same industry are more expensive than COM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, COM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.64 |
4.2 Price Multiples
COM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. COM is cheaper than 79.81% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, COM is valued a bit cheaper than 77.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | 4.92 |
4.3 Compensation for Growth
The excellent profitability rating of COM may justify a higher PE ratio.
COM's earnings are expected to decrease with -4.58% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.36
EPS Next 2Y-12.49%
EPS Next 3Y-4.58%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.56%, COM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.07, COM pays a better dividend. On top of this COM pays more dividend than 95.19% of the companies listed in the same industry.
COM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
5.2 History
The dividend of COM is nicely growing with an annual growth rate of 28.92%!
Dividend Growth(5Y)28.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
46.02% of the earnings are spent on dividend by COM. This is a bit on the high side, but may be sustainable.
DP46.02%
EPS Next 2Y-12.49%
EPS Next 3Y-4.58%
BIT:COM (3/7/2025, 5:22:22 PM)
27.85
+0.45 (+1.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners4.22%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap798.74M
Analysts84
Price Target35.7 (28.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
Yearly Dividend0.75
Dividend Growth(5Y)28.92%
DP46.02%
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)-2.86%
EPS NY rev (3m)-4.06%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.89%
Revenue NY rev (3m)-3.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.64 | ||
| P/S | 0.74 | ||
| P/FCF | 9.02 | ||
| P/OCF | 5.24 | ||
| P/B | 1.55 | ||
| P/tB | 5.67 | ||
| EV/EBITDA | 4.92 |
EPS(TTM)2.72
EY9.77%
EPS(NY)2.89
Fwd EY10.37%
FCF(TTM)3.09
FCFY11.09%
OCF(TTM)5.31
OCFY19.07%
SpS37.85
BVpS18.02
TBVpS4.91
PEG (NY)N/A
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 15.06% | ||
| ROCE | 15.24% | ||
| ROIC | 11.08% | ||
| ROICexc | 12.28% | ||
| ROICexgc | 25.66% | ||
| OM | 11.21% | ||
| PM (TTM) | 7.17% | ||
| GM | 46.49% | ||
| FCFM | 8.16% |
ROA(3y)6.18%
ROA(5y)6.41%
ROE(3y)16.79%
ROE(5y)15.98%
ROIC(3y)9.31%
ROIC(5y)10.41%
ROICexc(3y)10.58%
ROICexc(5y)12.13%
ROICexgc(3y)20.9%
ROICexgc(5y)18.48%
ROCE(3y)12.8%
ROCE(5y)14.32%
ROICexcg growth 3Y18.07%
ROICexcg growth 5Y10.94%
ROICexc growth 3Y-5.4%
ROICexc growth 5Y-2.58%
OM growth 3Y15.54%
OM growth 5Y12.43%
PM growth 3Y11.91%
PM growth 5Y13.13%
GM growth 3Y6.65%
GM growth 5Y3.73%
F-Score5
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.08 | ||
| Debt/EBITDA | 0.49 | ||
| Cap/Depr | 102.16% | ||
| Cap/Sales | 5.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.75% | ||
| Profit Quality | 113.78% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.49 |
F-Score5
WACC7.26%
ROIC/WACC1.53
Cap/Depr(3y)87.84%
Cap/Depr(5y)97%
Cap/Sales(3y)3.21%
Cap/Sales(5y)3.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.23%
EPS 3Y45.42%
EPS 5Y28.81%
EPS Q2Q%-29.43%
EPS Next Y-27.18%
EPS Next 2Y-12.49%
EPS Next 3Y-4.58%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.65%
Revenue growth 3Y45.54%
Revenue growth 5Y26.42%
Sales Q2Q%-21.25%
Revenue Next Year-21.07%
Revenue Next 2Y-10.77%
Revenue Next 3Y-5.07%
Revenue Next 5YN/A
EBIT growth 1Y-17.3%
EBIT growth 3Y68.15%
EBIT growth 5Y42.13%
EBIT Next Year8.52%
EBIT Next 3Y7.58%
EBIT Next 5YN/A
FCF growth 1Y156.23%
FCF growth 3Y44.86%
FCF growth 5Y76.73%
OCF growth 1Y216.95%
OCF growth 3Y45.6%
OCF growth 5Y47.73%