EL.EN. SPA (ELN.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ELN - IT0005453250 - Common Stock
13.58 EUR
-0.03 (-0.22%)
Taking everything into account, ELN scores 6 out of 10 in our fundamental rating. ELN was compared to 65 industry peers in the Health Care Equipment & Supplies industry. ELN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ELN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ELN had positive earnings in the past year.
ELN had a positive operating cash flow in the past year.
ELN had positive earnings in each of the past 5 years.
In the past 5 years ELN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.97%, ELN is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
ELN's Return On Equity of 13.41% is fine compared to the rest of the industry. ELN outperforms 77.27% of its industry peers.
ELN has a Return On Invested Capital of 9.99%. This is amongst the best in the industry. ELN outperforms 80.30% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ELN is above the industry average of 9.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 13.41% | ||
| ROIC | 9.99% |
ROA(3y)7.05%
ROA(5y)6.49%
ROE(3y)14.98%
ROE(5y)14.16%
ROIC(3y)12.55%
ROIC(5y)11.74%
1.3 Margins
ELN has a better Profit Margin (9.12%) than 63.64% of its industry peers.
In the last couple of years the Profit Margin of ELN has grown nicely.
ELN's Operating Margin of 13.81% is fine compared to the rest of the industry. ELN outperforms 68.18% of its industry peers.
ELN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 44.57%, ELN is doing worse than 71.21% of the companies in the same industry.
ELN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.81% | ||
| PM (TTM) | 9.12% | ||
| GM | 44.57% |
OM growth 3Y6.85%
OM growth 5Y7.8%
PM growth 3Y4.68%
PM growth 5Y7.04%
GM growth 3Y4.81%
GM growth 5Y1.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELN is still creating some value.
ELN has about the same amout of shares outstanding than it did 1 year ago.
ELN has more shares outstanding than it did 5 years ago.
ELN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.07 indicates that ELN is not in any danger for bankruptcy at the moment.
ELN has a Altman-Z score of 4.07. This is in the better half of the industry: ELN outperforms 71.21% of its industry peers.
The Debt to FCF ratio of ELN is 0.83, which is an excellent value as it means it would take ELN, only 0.83 years of fcf income to pay off all of its debts.
ELN has a Debt to FCF ratio of 0.83. This is amongst the best in the industry. ELN outperforms 90.91% of its industry peers.
ELN has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
ELN has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. ELN outperforms 84.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | 4.07 |
ROIC/WACC1.28
WACC7.8%
2.3 Liquidity
ELN has a Current Ratio of 2.77. This indicates that ELN is financially healthy and has no problem in meeting its short term obligations.
ELN has a Current ratio of 2.77. This is in the better half of the industry: ELN outperforms 75.76% of its industry peers.
A Quick Ratio of 1.76 indicates that ELN should not have too much problems paying its short term obligations.
ELN has a Quick ratio of 1.76. This is in the better half of the industry: ELN outperforms 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
ELN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.47%, which is quite good.
Measured over the past years, ELN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.69% on average per year.
The Revenue has decreased by -1.76% in the past year.
ELN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.14% yearly.
EPS 1Y (TTM)8.47%
EPS 3Y3.84%
EPS 5Y14.69%
EPS Q2Q%15.38%
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y-0.33%
Revenue growth 5Y7.14%
Sales Q2Q%9.77%
3.2 Future
Based on estimates for the next years, ELN will show a small growth in Earnings Per Share. The EPS will grow by 6.77% on average per year.
The Revenue is expected to decrease by -0.05% on average over the next years.
EPS Next Y-10.33%
EPS Next 2Y5.77%
EPS Next 3Y6.77%
EPS Next 5YN/A
Revenue Next Year-12.26%
Revenue Next 2Y-3.27%
Revenue Next 3Y-0.05%
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
A Price/Earnings ratio of 21.22 indicates a rather expensive valuation of ELN.
Compared to the rest of the industry, the Price/Earnings ratio of ELN indicates a somewhat cheap valuation: ELN is cheaper than 75.76% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ELN to the average of the S&P500 Index (26.39), we can say ELN is valued inline with the index average.
With a Price/Forward Earnings ratio of 21.82, ELN is valued on the expensive side.
ELN's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, ELN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 21.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELN indicates a somewhat cheap valuation: ELN is cheaper than 77.27% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ELN is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.31 | ||
| EV/EBITDA | 10.77 |
4.3 Compensation for Growth
ELN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.44
EPS Next 2Y5.77%
EPS Next 3Y6.77%
5. Dividend
5.1 Amount
ELN has a Yearly Dividend Yield of 1.62%.
ELN's Dividend Yield is a higher than the industry average which is at 1.03.
ELN's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
On average, the dividend of ELN grows each year by 13.86%, which is quite nice.
Dividend Growth(5Y)13.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
33.04% of the earnings are spent on dividend by ELN. This is a low number and sustainable payout ratio.
ELN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.04%
EPS Next 2Y5.77%
EPS Next 3Y6.77%
BIT:ELN (12/19/2025, 7:00:00 PM)
13.58
-0.03 (-0.22%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners33.51%
Inst Owner ChangeN/A
Ins Owners34.73%
Ins Owner ChangeN/A
Market Cap1.09B
Revenue(TTM)565.85M
Net Income(TTM)51.61M
Analysts80
Price Target14.99 (10.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Yearly Dividend0.21
Dividend Growth(5Y)13.86%
DP33.04%
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)17.29%
PT rev (3m)18.87%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.03%
EPS NY rev (3m)-5.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.57%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 21.82 | ||
| P/S | 1.93 | ||
| P/FCF | 19.31 | ||
| P/OCF | 16.9 | ||
| P/B | 2.83 | ||
| P/tB | 2.87 | ||
| EV/EBITDA | 10.77 |
EPS(TTM)0.64
EY4.71%
EPS(NY)0.62
Fwd EY4.58%
FCF(TTM)0.7
FCFY5.18%
OCF(TTM)0.8
OCFY5.92%
SpS7.04
BVpS4.79
TBVpS4.73
PEG (NY)N/A
PEG (5Y)1.44
Graham Number8.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 13.41% | ||
| ROCE | 13.71% | ||
| ROIC | 9.99% | ||
| ROICexc | 13.8% | ||
| ROICexgc | 13.96% | ||
| OM | 13.81% | ||
| PM (TTM) | 9.12% | ||
| GM | 44.57% | ||
| FCFM | 9.99% |
ROA(3y)7.05%
ROA(5y)6.49%
ROE(3y)14.98%
ROE(5y)14.16%
ROIC(3y)12.55%
ROIC(5y)11.74%
ROICexc(3y)19.13%
ROICexc(5y)19.78%
ROICexgc(3y)19.96%
ROICexgc(5y)20.52%
ROCE(3y)17.23%
ROCE(5y)16.12%
ROICexgc growth 3Y-21.78%
ROICexgc growth 5Y-3.15%
ROICexc growth 3Y-21.3%
ROICexc growth 5Y-2.82%
OM growth 3Y6.85%
OM growth 5Y7.8%
PM growth 3Y4.68%
PM growth 5Y7.04%
GM growth 3Y4.81%
GM growth 5Y1.51%
F-Score8
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.83 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 67.3% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 38.95 | ||
| Cash Conversion | 71.64% | ||
| Profit Quality | 109.48% | ||
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 4.07 |
F-Score8
WACC7.8%
ROIC/WACC1.28
Cap/Depr(3y)125.06%
Cap/Depr(5y)136.88%
Cap/Sales(3y)2.06%
Cap/Sales(5y)2.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.47%
EPS 3Y3.84%
EPS 5Y14.69%
EPS Q2Q%15.38%
EPS Next Y-10.33%
EPS Next 2Y5.77%
EPS Next 3Y6.77%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y-0.33%
Revenue growth 5Y7.14%
Sales Q2Q%9.77%
Revenue Next Year-12.26%
Revenue Next 2Y-3.27%
Revenue Next 3Y-0.05%
Revenue Next 5YN/A
EBIT growth 1Y0.01%
EBIT growth 3Y6.5%
EBIT growth 5Y15.5%
EBIT Next Year25.27%
EBIT Next 3Y12.84%
EBIT Next 5YN/A
FCF growth 1Y2446.41%
FCF growth 3Y-4.44%
FCF growth 5Y26.91%
OCF growth 1Y536.64%
OCF growth 3Y-6.7%
OCF growth 5Y11.34%
EL.EN. SPA / ELN.MI FAQ
What is the fundamental rating for ELN stock?
ChartMill assigns a fundamental rating of 6 / 10 to ELN.MI.
What is the valuation status of EL.EN. SPA (ELN.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to EL.EN. SPA (ELN.MI). This can be considered as Fairly Valued.
What is the profitability of ELN stock?
EL.EN. SPA (ELN.MI) has a profitability rating of 7 / 10.
What are the PE and PB ratios of EL.EN. SPA (ELN.MI) stock?
The Price/Earnings (PE) ratio for EL.EN. SPA (ELN.MI) is 21.22 and the Price/Book (PB) ratio is 2.83.
How sustainable is the dividend of EL.EN. SPA (ELN.MI) stock?
The dividend rating of EL.EN. SPA (ELN.MI) is 5 / 10 and the dividend payout ratio is 33.04%.