EDILIZIACROBATICA SPA (EDAC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EDAC - IT0005351504 - Common Stock
4.62 EUR
-0.18 (-3.75%)
Overall EDAC gets a fundamental rating of 3 out of 10. We evaluated EDAC against 45 industry peers in the Construction & Engineering industry. EDAC has a bad profitability rating. Also its financial health evaluation is rather negative. EDAC is quite expensive at the moment. It does show a decent growth rate. Finally EDAC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- EDAC had negative earnings in the past year.
- In the past year EDAC has reported a negative cash flow from operations.
- Of the past 5 years EDAC 4 years were profitable.
- In multiple years EDAC reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of EDAC (-2.59%) is worse than 88.89% of its industry peers.
- Looking at the Return On Equity, with a value of -15.63%, EDAC is doing worse than 91.11% of the companies in the same industry.
- EDAC has a worse Return On Invested Capital (0.23%) than 88.89% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EDAC is above the industry average of 11.32%.
- The last Return On Invested Capital (0.23%) for EDAC is well below the 3 year average (14.11%), which needs to be investigated, but indicates that EDAC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.59% | ||
| ROE | -15.62% | ||
| ROIC | 0.23% |
ROA(3y)4.65%
ROA(5y)5.55%
ROE(3y)17.41%
ROE(5y)23.21%
ROIC(3y)14.11%
ROIC(5y)13.72%
1.3 Margins
- Looking at the Operating Margin, with a value of 0.20%, EDAC is doing worse than 91.11% of the companies in the same industry.
- EDAC's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 70.37%, EDAC is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- In the last couple of years the Gross Margin of EDAC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.2% | ||
| PM (TTM) | N/A | ||
| GM | 70.37% |
OM growth 3Y-64.32%
OM growth 5Y-30.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.49%
GM growth 5Y-0.58%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EDAC is creating value.
- The number of shares outstanding for EDAC has been increased compared to 1 year ago.
- Compared to 5 years ago, EDAC has more shares outstanding
- Compared to 1 year ago, EDAC has a worse debt to assets ratio.
2.2 Solvency
- EDAC has an Altman-Z score of 1.84. This is not the best score and indicates that EDAC is in the grey zone with still only limited risk for bankruptcy at the moment.
- EDAC has a Altman-Z score of 1.84. This is comparable to the rest of the industry: EDAC outperforms 53.33% of its industry peers.
- A Debt/Equity ratio of 2.00 is on the high side and indicates that EDAC has dependencies on debt financing.
- EDAC has a worse Debt to Equity ratio (2.00) than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC0.04
WACC5.43%
2.3 Liquidity
- A Current Ratio of 1.48 indicates that EDAC should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.48, EDAC is in the better half of the industry, outperforming 75.56% of the companies in the same industry.
- EDAC has a Quick Ratio of 1.43. This is a normal value and indicates that EDAC is financially healthy and should not expect problems in meeting its short term obligations.
- EDAC has a better Quick ratio (1.43) than 84.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
- The earnings per share for EDAC have decreased strongly by -225.71% in the last year.
- Looking at the last year, EDAC shows a small growth in Revenue. The Revenue has grown by 4.52% in the last year.
- Measured over the past years, EDAC shows a very strong growth in Revenue. The Revenue has been growing by 31.12% on average per year.
EPS 1Y (TTM)-225.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-300%
Revenue 1Y (TTM)4.52%
Revenue growth 3Y20.46%
Revenue growth 5Y31.12%
Sales Q2Q%14.29%
3.2 Future
- EDAC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.51% yearly.
- Based on estimates for the next years, EDAC will show a small growth in Revenue. The Revenue will grow by 5.61% on average per year.
EPS Next Y-79%
EPS Next 2Y10.9%
EPS Next 3Y47.51%
EPS Next 5YN/A
Revenue Next Year3.55%
Revenue Next 2Y4.76%
Revenue Next 3Y5.61%
Revenue Next 5YN/A
3.3 Evolution
- 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
- The Price/Earnings Ratio is negative for EDAC. In the last year negative earnings were reported.
- A Price/Forward Earnings ratio of 22.09 indicates a rather expensive valuation of EDAC.
- 73.33% of the companies in the same industry are cheaper than EDAC, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. EDAC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.09 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EDAC is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.22 |
4.3 Compensation for Growth
- EDAC's earnings are expected to grow with 47.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.9%
EPS Next 3Y47.51%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 9.59%, EDAC is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.33, EDAC pays a better dividend. On top of this EDAC pays more dividend than 100.00% of the companies listed in the same industry.
- EDAC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.59% |
5.2 History
- On average, the dividend of EDAC grows each year by 138.35%, which is quite nice.
Dividend Growth(5Y)138.35%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- EDAC pays out 2.67% of its income as dividend. This is a sustainable payout ratio.
- EDAC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP2.67%
EPS Next 2Y10.9%
EPS Next 3Y47.51%
EDILIZIACROBATICA SPA / EDAC.MI FAQ
What is the ChartMill fundamental rating of EDILIZIACROBATICA SPA (EDAC.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to EDAC.MI.
Can you provide the valuation status for EDILIZIACROBATICA SPA?
ChartMill assigns a valuation rating of 1 / 10 to EDILIZIACROBATICA SPA (EDAC.MI). This can be considered as Overvalued.
Can you provide the profitability details for EDILIZIACROBATICA SPA?
EDILIZIACROBATICA SPA (EDAC.MI) has a profitability rating of 3 / 10.
How financially healthy is EDILIZIACROBATICA SPA?
The financial health rating of EDILIZIACROBATICA SPA (EDAC.MI) is 3 / 10.
What is the expected EPS growth for EDILIZIACROBATICA SPA (EDAC.MI) stock?
The Earnings per Share (EPS) of EDILIZIACROBATICA SPA (EDAC.MI) is expected to decline by -79% in the next year.