CONSTELLIUM SE (CSTM) Stock Fundamental Analysis
NYSE:CSTM - New York Stock Exchange, Inc. - FR0013467479 - Common Stock - Currency: USD
Overall CSTM gets a fundamental rating of 5 out of 10. We evaluated CSTM against 152 industry peers in the Metals & Mining industry. While CSTM is still in line with the averages on profitability rating, there are concerns on its financial health. CSTM may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year CSTM was profitable.
In the past year CSTM had a positive cash flow from operations.
Of the past 5 years CSTM 4 years were profitable.
CSTM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.06%, CSTM is in the better half of the industry, outperforming 67.76% of the companies in the same industry.
CSTM has a better Return On Equity (10.91%) than 81.58% of its industry peers.
The Return On Invested Capital of CSTM (6.72%) is better than 70.39% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CSTM is in line with the industry average of 8.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 10.91% | ||
| ROIC | 6.72% |
ROA(3y)3.45%
ROA(5y)3.08%
ROE(3y)23.43%
ROE(5y)N/A
ROIC(3y)8.33%
ROIC(5y)8.11%
1.3 Margins
With a decent Profit Margin value of 1.48%, CSTM is doing good in the industry, outperforming 61.84% of the companies in the same industry.
In the last couple of years the Profit Margin of CSTM has declined.
CSTM has a Operating Margin (4.18%) which is comparable to the rest of the industry.
CSTM's Operating Margin has declined in the last couple of years.
CSTM's Gross Margin of 9.46% is in line compared to the rest of the industry. CSTM outperforms 40.13% of its industry peers.
CSTM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.18% | ||
| PM (TTM) | 1.48% | ||
| GM | 9.46% |
OM growth 3Y-14.91%
OM growth 5Y-4.66%
PM growth 3Y-43.25%
PM growth 5Y-5.23%
GM growth 3Y6.67%
GM growth 5Y5.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CSTM is creating some value.
Compared to 1 year ago, CSTM has less shares outstanding
Compared to 5 years ago, CSTM has more shares outstanding
The debt/assets ratio for CSTM is higher compared to a year ago.
2.2 Solvency
CSTM has an Altman-Z score of 2.02. This is not the best score and indicates that CSTM is in the grey zone with still only limited risk for bankruptcy at the moment.
CSTM's Altman-Z score of 2.02 is in line compared to the rest of the industry. CSTM outperforms 46.71% of its industry peers.
The Debt to FCF ratio of CSTM is 17.86, which is on the high side as it means it would take CSTM, 17.86 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CSTM (17.86) is better than 61.84% of its industry peers.
A Debt/Equity ratio of 1.97 is on the high side and indicates that CSTM has dependencies on debt financing.
CSTM's Debt to Equity ratio of 1.97 is on the low side compared to the rest of the industry. CSTM is outperformed by 88.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 17.86 | ||
| Altman-Z | 2.02 |
ROIC/WACC0.83
WACC8.09%
2.3 Liquidity
A Current Ratio of 1.28 indicates that CSTM should not have too much problems paying its short term obligations.
With a Current ratio value of 1.28, CSTM is not doing good in the industry: 77.63% of the companies in the same industry are doing better.
A Quick Ratio of 0.52 indicates that CSTM may have some problems paying its short term obligations.
CSTM has a worse Quick ratio (0.52) than 86.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The earnings per share for CSTM have decreased strongly by -51.65% in the last year.
The Earnings Per Share has been growing slightly by 3.27% on average over the past years.
Looking at the last year, CSTM shows a decrease in Revenue. The Revenue has decreased by -6.27% in the last year.
Measured over the past years, CSTM shows a small growth in Revenue. The Revenue has been growing by 4.43% on average per year.
EPS 1Y (TTM)-51.65%
EPS 3Y-38.65%
EPS 5Y3.27%
EPS Q2Q%-555.71%
Revenue 1Y (TTM)-6.27%
Revenue growth 3Y6.04%
Revenue growth 5Y4.43%
Sales Q2Q%0.06%
3.2 Future
The Earnings Per Share is expected to grow by 103.89% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.75% on average over the next years. This is quite good.
EPS Next Y144.45%
EPS Next 2Y103.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year18.89%
Revenue Next 2Y13.75%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CSTM is valuated rather expensively with a Price/Earnings ratio of 22.68.
Based on the Price/Earnings ratio, CSTM is valued a bit cheaper than the industry average as 69.74% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CSTM to the average of the S&P500 Index (28.79), we can say CSTM is valued slightly cheaper.
CSTM is valuated reasonably with a Price/Forward Earnings ratio of 9.26.
CSTM's Price/Forward Earnings ratio is rather cheap when compared to the industry. CSTM is cheaper than 88.16% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CSTM to the average of the S&P500 Index (21.38), we can say CSTM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.68 | ||
| Fwd PE | 9.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSTM is valued cheaper than 87.50% of the companies in the same industry.
CSTM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CSTM is cheaper than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.93 | ||
| EV/EBITDA | 5.19 |
4.3 Compensation for Growth
CSTM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CSTM may justify a higher PE ratio.
A more expensive valuation may be justified as CSTM's earnings are expected to grow with 103.89% in the coming years.
PEG (NY)0.16
PEG (5Y)6.95
EPS Next 2Y103.89%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CSTM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.3
-0.09 (-0.96%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners93.48%
Inst Owner Change0.34%
Ins Owners1.48%
Ins Owner ChangeN/A
Market Cap1.33B
Analysts84
Price Target19.13 (105.7%)
Short Float %1.17%
Short Ratio0.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-25.21%
Min EPS beat(2)-61.15%
Max EPS beat(2)10.73%
EPS beat(4)1
Avg EPS beat(4)-46.37%
Min EPS beat(4)-76.87%
Max EPS beat(4)10.73%
EPS beat(8)1
Avg EPS beat(8)-40.69%
EPS beat(12)3
Avg EPS beat(12)2.71%
EPS beat(16)7
Avg EPS beat(16)138.22%
Revenue beat(2)0
Avg Revenue beat(2)-8.28%
Min Revenue beat(2)-9.9%
Max Revenue beat(2)-6.66%
Revenue beat(4)1
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-9.9%
Max Revenue beat(4)5.74%
Revenue beat(8)2
Avg Revenue beat(8)-2.19%
Revenue beat(12)6
Avg Revenue beat(12)0.32%
Revenue beat(16)10
Avg Revenue beat(16)1.19%
PT rev (1m)0%
PT rev (3m)1.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-67.64%
EPS NY rev (1m)-24.62%
EPS NY rev (3m)-27.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.97%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)13.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.68 | ||
| Fwd PE | 9.26 | ||
| P/S | 0.18 | ||
| P/FCF | 11.93 | ||
| P/OCF | 2.65 | ||
| P/B | 1.36 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 5.19 |
EPS(TTM)0.41
EY4.41%
EPS(NY)1
Fwd EY10.8%
FCF(TTM)0.78
FCFY8.38%
OCF(TTM)3.51
OCFY37.76%
SpS50.63
BVpS6.86
TBVpS3.02
PEG (NY)0.16
PEG (5Y)6.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 10.91% | ||
| ROCE | 8.5% | ||
| ROIC | 6.72% | ||
| ROICexc | 7.02% | ||
| ROICexgc | 8.36% | ||
| OM | 4.18% | ||
| PM (TTM) | 1.48% | ||
| GM | 9.46% | ||
| FCFM | 1.54% |
ROA(3y)3.45%
ROA(5y)3.08%
ROE(3y)23.43%
ROE(5y)N/A
ROIC(3y)8.33%
ROIC(5y)8.11%
ROICexc(3y)8.79%
ROICexc(5y)8.68%
ROICexgc(3y)9.69%
ROICexgc(5y)9.98%
ROCE(3y)10.54%
ROCE(5y)10.26%
ROICexcg growth 3Y-18.02%
ROICexcg growth 5Y-6.42%
ROICexc growth 3Y-13.61%
ROICexc growth 5Y-3.24%
OM growth 3Y-14.91%
OM growth 5Y-4.66%
PM growth 3Y-43.25%
PM growth 5Y-5.23%
GM growth 3Y6.67%
GM growth 5Y5.15%
F-Score5
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 17.86 | ||
| Debt/EBITDA | 3.15 | ||
| Cap/Depr | 125.82% | ||
| Cap/Sales | 5.4% | ||
| Interest Coverage | 2.51 | ||
| Cash Conversion | 81.93% | ||
| Profit Quality | 104.25% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 2.02 |
F-Score5
WACC8.09%
ROIC/WACC0.83
Cap/Depr(3y)117.66%
Cap/Depr(5y)102.03%
Cap/Sales(3y)4.56%
Cap/Sales(5y)4.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-51.65%
EPS 3Y-38.65%
EPS 5Y3.27%
EPS Q2Q%-555.71%
EPS Next Y144.45%
EPS Next 2Y103.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.27%
Revenue growth 3Y6.04%
Revenue growth 5Y4.43%
Sales Q2Q%0.06%
Revenue Next Year18.89%
Revenue Next 2Y13.75%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-15.81%
EBIT growth 3Y-9.78%
EBIT growth 5Y-0.44%
EBIT Next Year106.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-14.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.78%
OCF growth 3Y-5.53%
OCF growth 5Y-7.6%