CTS EVENTIM AG & CO KGAA (EVD.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:EVD - DE0005470306 - Common Stock
72.85 EUR
+0.25 (+0.34%)
We assign a fundamental rating of 6 out of 10 to EVD. EVD was compared to 46 industry peers in the Entertainment industry. EVD has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. EVD has a correct valuation and a medium growth rate. This makes EVD very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- EVD had positive earnings in the past year.
- In the past year EVD had a positive cash flow from operations.
- EVD had positive earnings in 4 of the past 5 years.
- EVD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.68%, EVD belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
- With an excellent Return On Equity value of 29.39%, EVD belongs to the best of the industry, outperforming 85.42% of the companies in the same industry.
- EVD has a better Return On Invested Capital (20.70%) than 95.83% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for EVD is significantly above the industry average of 9.28%.
- The last Return On Invested Capital (20.70%) for EVD is above the 3 year average (19.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.68% | ||
| ROE | 29.39% | ||
| ROIC | 20.7% |
ROA(3y)8.08%
ROA(5y)4.71%
ROE(3y)29.84%
ROE(5y)17.47%
ROIC(3y)19.21%
ROIC(5y)N/A
1.3 Margins
- EVD has a Profit Margin of 9.80%. This is amongst the best in the industry. EVD outperforms 81.25% of its industry peers.
- EVD's Profit Margin has improved in the last couple of years.
- EVD has a better Operating Margin (15.58%) than 93.75% of its industry peers.
- In the last couple of years the Operating Margin of EVD has remained more or less at the same level.
- With a Gross Margin value of 26.79%, EVD is not doing good in the industry: 79.17% of the companies in the same industry are doing better.
- EVD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.58% | ||
| PM (TTM) | 9.8% | ||
| GM | 26.79% |
OM growth 3YN/A
OM growth 5Y-0.28%
PM growth 3Y-19.24%
PM growth 5Y4.28%
GM growth 3Y10.62%
GM growth 5Y-1.47%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EVD is creating value.
- EVD has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, EVD has about the same amount of shares outstanding.
- The debt/assets ratio for EVD has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.94 indicates that EVD is not a great score, but indicates only limited risk for bankruptcy at the moment.
- EVD has a Altman-Z score of 2.94. This is amongst the best in the industry. EVD outperforms 81.25% of its industry peers.
- The Debt to FCF ratio of EVD is 0.28, which is an excellent value as it means it would take EVD, only 0.28 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.28, EVD belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
- A Debt/Equity ratio of 0.13 indicates that EVD is not too dependend on debt financing.
- The Debt to Equity ratio of EVD (0.13) is better than 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.28 | ||
| Altman-Z | 2.94 |
ROIC/WACC2.78
WACC7.44%
2.3 Liquidity
- A Current Ratio of 0.85 indicates that EVD may have some problems paying its short term obligations.
- The Current ratio of EVD (0.85) is comparable to the rest of the industry.
- A Quick Ratio of 0.84 indicates that EVD may have some problems paying its short term obligations.
- EVD has a Quick ratio of 0.84. This is comparable to the rest of the industry: EVD outperforms 52.08% of its industry peers.
- EVD does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.90% over the past year.
- EVD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.13% yearly.
- The Revenue has grown by 11.15% in the past year. This is quite good.
- Measured over the past years, EVD shows a quite strong growth in Revenue. The Revenue has been growing by 14.24% on average per year.
EPS 1Y (TTM)14.9%
EPS 3Y53.65%
EPS 5Y19.13%
EPS Q2Q%7.41%
Revenue 1Y (TTM)11.15%
Revenue growth 3Y90.26%
Revenue growth 5Y14.24%
Sales Q2Q%3.53%
3.2 Future
- The Earnings Per Share is expected to grow by 8.34% on average over the next years. This is quite good.
- EVD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.91% yearly.
EPS Next Y-1.05%
EPS Next 2Y6.93%
EPS Next 3Y8.34%
EPS Next 5YN/A
Revenue Next Year9.91%
Revenue Next 2Y8.02%
Revenue Next 3Y7.41%
Revenue Next 5Y7.91%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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 24.45, the valuation of EVD can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of EVD indicates a somewhat cheap valuation: EVD is cheaper than 79.17% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. EVD is around the same levels.
- Based on the Price/Forward Earnings ratio of 20.04, the valuation of EVD can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, EVD is valued a bit cheaper than the industry average as 72.92% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of EVD to the average of the S&P500 Index (25.98), we can say EVD is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.45 | ||
| Fwd PE | 20.04 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EVD indicates a somewhat cheap valuation: EVD is cheaper than 66.67% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, EVD is valued a bit cheaper than the industry average as 77.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.48 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
- The excellent profitability rating of EVD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.28
EPS Next 2Y6.93%
EPS Next 3Y8.34%
5. Dividend
5.1 Amount
- EVD has a Yearly Dividend Yield of 2.29%.
- Compared to an average industry Dividend Yield of 0.83, EVD pays a better dividend. On top of this EVD pays more dividend than 89.58% of the companies listed in the same industry.
- EVD's Dividend Yield is a higher than the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.29% |
5.2 History
- The dividend of EVD is nicely growing with an annual growth rate of 19.37%!
Dividend Growth(5Y)19.37%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- EVD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y6.93%
EPS Next 3Y8.34%
CTS EVENTIM AG & CO KGAA / EVD.DE FAQ
What is the fundamental rating for EVD stock?
ChartMill assigns a fundamental rating of 6 / 10 to EVD.DE.
What is the valuation status for EVD stock?
ChartMill assigns a valuation rating of 4 / 10 to CTS EVENTIM AG & CO KGAA (EVD.DE). This can be considered as Fairly Valued.
What is the profitability of EVD stock?
CTS EVENTIM AG & CO KGAA (EVD.DE) has a profitability rating of 8 / 10.
Can you provide the financial health for EVD stock?
The financial health rating of CTS EVENTIM AG & CO KGAA (EVD.DE) is 7 / 10.
Can you provide the expected EPS growth for EVD stock?
The Earnings per Share (EPS) of CTS EVENTIM AG & CO KGAA (EVD.DE) is expected to decline by -1.05% in the next year.