ALLCORE SPA (CORE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:CORE - IT0005461303 - Common Stock
1.375 EUR
+0 (+0.36%)
Overall CORE gets a fundamental rating of 5 out of 10. We evaluated CORE against 36 industry peers in the Professional Services industry. CORE has an average financial health and profitability rating. CORE is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
- In the past year CORE was profitable.
- In the past year CORE has reported a negative cash flow from operations.
- In the past 5 years CORE has always been profitable.
- Of the past 5 years CORE 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.61%, CORE is in line with its industry, outperforming 57.14% of the companies in the same industry.
- The Return On Equity of CORE (7.82%) is comparable to the rest of the industry.
- With a decent Return On Invested Capital value of 9.69%, CORE is doing good in the industry, outperforming 71.43% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for CORE is below the industry average of 11.62%.
- The last Return On Invested Capital (9.69%) for CORE is above the 3 year average (7.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.61% | ||
| ROE | 7.82% | ||
| ROIC | 9.69% |
ROA(3y)4.31%
ROA(5y)6.12%
ROE(3y)8.83%
ROE(5y)17.68%
ROIC(3y)7.87%
ROIC(5y)12.89%
1.3 Margins
- The Profit Margin of CORE (2.73%) is better than 65.71% of its industry peers.
- CORE's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 6.82%, CORE is doing good in the industry, outperforming 68.57% of the companies in the same industry.
- CORE's Operating Margin has improved in the last couple of years.
- CORE has a Gross Margin of 28.81%. This is in the lower half of the industry: CORE underperforms 60.00% of its industry peers.
- CORE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.82% | ||
| PM (TTM) | 2.73% | ||
| GM | 28.81% |
OM growth 3Y0.51%
OM growth 5Y9.98%
PM growth 3Y-19.18%
PM growth 5Y-9.22%
GM growth 3Y17.78%
GM growth 5Y20.78%
2. Health
2.1 Basic Checks
- CORE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, CORE has more shares outstanding
- CORE has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for CORE is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.66 indicates that CORE is not a great score, but indicates only limited risk for bankruptcy at the moment.
- CORE has a Altman-Z score (2.66) which is comparable to the rest of the industry.
- CORE has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of CORE (0.20) is better than 88.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.66 |
ROIC/WACC1.31
WACC7.37%
2.3 Liquidity
- CORE has a Current Ratio of 1.52. This is a normal value and indicates that CORE is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of CORE (1.52) is better than 85.71% of its industry peers.
- A Quick Ratio of 1.52 indicates that CORE should not have too much problems paying its short term obligations.
- The Quick ratio of CORE (1.52) is better than 88.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
- CORE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.39%, which is quite impressive.
- Measured over the past years, CORE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.63% on average per year.
- CORE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.13%.
- CORE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.07% yearly.
EPS 1Y (TTM)27.39%
EPS 3Y-3.23%
EPS 5Y12.63%
EPS Q2Q%22.76%
Revenue 1Y (TTM)8.13%
Revenue growth 3Y17.94%
Revenue growth 5Y27.07%
Sales Q2Q%6.63%
3.2 Future
- CORE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.28% yearly.
- The Revenue is expected to grow by 9.10% on average over the next years. This is quite good.
EPS Next Y-27.08%
EPS Next 2Y19.41%
EPS Next 3Y20.28%
EPS Next 5YN/A
Revenue Next Year2.81%
Revenue Next 2Y5.57%
Revenue Next 3Y6.08%
Revenue Next 5Y9.1%
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 accelerating.
- 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 17.19, the valuation of CORE can be described as rather expensive.
- CORE's Price/Earnings ratio is a bit cheaper when compared to the industry. CORE is cheaper than 77.14% of the companies in the same industry.
- CORE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.87.
- A Price/Forward Earnings ratio of 6.83 indicates a rather cheap valuation of CORE.
- Based on the Price/Forward Earnings ratio, CORE is valued cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.96. CORE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.19 | ||
| Fwd PE | 6.83 |
4.2 Price Multiples
- CORE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CORE is cheaper than 88.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.9 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as CORE's earnings are expected to grow with 20.28% in the coming years.
PEG (NY)N/A
PEG (5Y)1.36
EPS Next 2Y19.41%
EPS Next 3Y20.28%
5. Dividend
5.1 Amount
- CORE has a Yearly Dividend Yield of 5.93%, which is a nice return.
- CORE's Dividend Yield is rather good when compared to the industry average which is at 2.39. CORE pays more dividend than 91.43% of the companies in the same industry.
- CORE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- CORE has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-24.19%
EPS Next 2Y19.41%
EPS Next 3Y20.28%
ALLCORE SPA / CORE.MI FAQ
What is the fundamental rating for CORE stock?
ChartMill assigns a fundamental rating of 5 / 10 to CORE.MI.
What is the valuation status for CORE stock?
ChartMill assigns a valuation rating of 5 / 10 to ALLCORE SPA (CORE.MI). This can be considered as Fairly Valued.
What is the profitability of CORE stock?
ALLCORE SPA (CORE.MI) has a profitability rating of 5 / 10.
Can you provide the financial health for CORE stock?
The financial health rating of ALLCORE SPA (CORE.MI) is 4 / 10.
How sustainable is the dividend of ALLCORE SPA (CORE.MI) stock?
The dividend rating of ALLCORE SPA (CORE.MI) is 5 / 10 and the dividend payout ratio is -24.19%.