ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ELES - IT0005373417 - Common Stock
3.2 EUR
0 (0%)
Overall ELES gets a fundamental rating of 4 out of 10. We evaluated ELES against 69 industry peers in the Semiconductors & Semiconductor Equipment industry. ELES has only an average score on both its financial health and profitability. ELES is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ELES was profitable.
- In the past year ELES had a positive cash flow from operations.
- ELES had positive earnings in each of the past 5 years.
- Of the past 5 years ELES 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of -0.02%, ELES is doing worse than 86.96% of the companies in the same industry.
- With a Return On Equity value of -0.03%, ELES is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
- ELES has a Return On Invested Capital of 5.45%. This is comparable to the rest of the industry: ELES outperforms 43.48% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ELES is significantly below the industry average of 14.31%.
- The last Return On Invested Capital (5.45%) for ELES is above the 3 year average (4.69%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.02% | ||
| ROE | -0.03% | ||
| ROIC | 5.45% |
ROA(3y)1.61%
ROA(5y)2.47%
ROE(3y)3.53%
ROE(5y)5.33%
ROIC(3y)4.69%
ROIC(5y)4.15%
1.3 Margins
- In the last couple of years the Profit Margin of ELES has declined.
- ELES has a Operating Margin of 8.97%. This is in the lower half of the industry: ELES underperforms 76.81% of its industry peers.
- In the last couple of years the Operating Margin of ELES has grown nicely.
- ELES's Gross Margin of 50.63% is in line compared to the rest of the industry. ELES outperforms 53.62% of its industry peers.
- In the last couple of years the Gross Margin of ELES has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.97% | ||
| PM (TTM) | N/A | ||
| GM | 50.63% |
OM growth 3Y29.01%
OM growth 5Y12.15%
PM growth 3Y-8.14%
PM growth 5Y-6.16%
GM growth 3Y11.8%
GM growth 5Y5.73%
2. Health
2.1 Basic Checks
- ELES has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ELES has been increased compared to 1 year ago.
- Compared to 5 years ago, ELES has more shares outstanding
- Compared to 1 year ago, ELES has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.88 indicates that ELES is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of ELES (2.88) is worse than 73.91% of its industry peers.
- ELES has a debt to FCF ratio of 2.45. This is a good value and a sign of high solvency as ELES would need 2.45 years to pay back of all of its debts.
- ELES has a Debt to FCF ratio of 2.45. This is comparable to the rest of the industry: ELES outperforms 52.17% of its industry peers.
- A Debt/Equity ratio of 0.28 indicates that ELES is not too dependend on debt financing.
- ELES has a Debt to Equity ratio (0.28) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.88 |
ROIC/WACC0.5
WACC10.86%
2.3 Liquidity
- A Current Ratio of 2.22 indicates that ELES has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.22, ELES is in line with its industry, outperforming 43.48% of the companies in the same industry.
- A Quick Ratio of 1.57 indicates that ELES should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.57, ELES is doing worse than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
- The earnings per share for ELES have decreased strongly by -84.41% in the last year.
- The Earnings Per Share has been growing slightly by 0.68% on average over the past years.
- Looking at the last year, ELES shows a small growth in Revenue. The Revenue has grown by 2.63% in the last year.
- The Revenue has been growing by 15.31% on average over the past years. This is quite good.
EPS 1Y (TTM)-84.41%
EPS 3Y4.55%
EPS 5Y0.68%
EPS Q2Q%-490%
Revenue 1Y (TTM)2.63%
Revenue growth 3Y23.37%
Revenue growth 5Y15.31%
Sales Q2Q%-8.6%
3.2 Future
- The Earnings Per Share is expected to grow by 49.71% on average over the next years. This is a very strong growth
- ELES is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.16% yearly.
EPS Next Y16.67%
EPS Next 2Y47.2%
EPS Next 3Y49.38%
EPS Next 5Y49.71%
Revenue Next Year6.67%
Revenue Next 2Y9.8%
Revenue Next 3Y11.35%
Revenue Next 5Y12.16%
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.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 320.00, the valuation of ELES can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of ELES indicates a rather expensive valuation: ELES more expensive than 89.86% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. ELES is valued rather expensively when compared to this.
- ELES is valuated rather expensively with a Price/Forward Earnings ratio of 24.13.
- ELES's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ELES is cheaper than 68.12% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, ELES is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 320 | ||
| Fwd PE | 24.13 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ELES is valued cheaper than 85.51% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ELES is valued cheaper than 98.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.01 | ||
| EV/EBITDA | 8.86 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ELES does not grow enough to justify the current Price/Earnings ratio.
- ELES's earnings are expected to grow with 49.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)19.2
PEG (5Y)468.51
EPS Next 2Y47.2%
EPS Next 3Y49.38%
5. Dividend
5.1 Amount
- No dividends for ELES!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ELES SEMICONDUCTOR EQUIPMENT / ELES.MI FAQ
What is the fundamental rating for ELES stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELES.MI.
What is the valuation status of ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ELES SEMICONDUCTOR EQUIPMENT (ELES.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ELES SEMICONDUCTOR EQUIPMENT?
ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) has a profitability rating of 4 / 10.
What is the valuation of ELES SEMICONDUCTOR EQUIPMENT based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ELES SEMICONDUCTOR EQUIPMENT (ELES.MI) is 320 and the Price/Book (PB) ratio is 2.08.