FIELMANN GROUP AG (FIE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FIE - DE0005772206 - Common Stock
41.15 EUR
+0.8 (+1.98%)
We assign a fundamental rating of 6 out of 10 to FIE. FIE was compared to 56 industry peers in the Specialty Retail industry. FIE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FIE has a decent growth rate and is not valued too expensively. This makes FIE very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- FIE had positive earnings in the past year.
- In the past year FIE had a positive cash flow from operations.
- FIE had positive earnings in each of the past 5 years.
- FIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FIE has a better Return On Assets (7.10%) than 80.36% of its industry peers.
- FIE has a better Return On Equity (17.71%) than 76.79% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.90%, FIE is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FIE is in line with the industry average of 10.20%.
- The last Return On Invested Capital (10.90%) for FIE is above the 3 year average (9.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.1% | ||
| ROE | 17.71% | ||
| ROIC | 10.9% |
ROA(3y)6.16%
ROA(5y)6.67%
ROE(3y)15.2%
ROE(5y)15.45%
ROIC(3y)9.75%
ROIC(5y)10.01%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.07%, FIE belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
- In the last couple of years the Profit Margin of FIE has declined.
- FIE has a better Operating Margin (12.01%) than 89.29% of its industry peers.
- In the last couple of years the Operating Margin of FIE has declined.
- FIE has a better Gross Margin (80.00%) than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of FIE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.01% | ||
| PM (TTM) | 7.07% | ||
| GM | 80% |
OM growth 3Y-6.42%
OM growth 5Y-8.06%
PM growth 3Y-6.26%
PM growth 5Y-9.91%
GM growth 3Y0.13%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FIE is still creating some value.
- FIE has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for FIE remains at a similar level compared to 5 years ago.
- The debt/assets ratio for FIE has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.33 indicates that FIE is not in any danger for bankruptcy at the moment.
- The Altman-Z score of FIE (3.33) is better than 87.50% of its industry peers.
- The Debt to FCF ratio of FIE is 2.32, which is a good value as it means it would take FIE, 2.32 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.32, FIE belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
- A Debt/Equity ratio of 0.76 indicates that FIE is somewhat dependend on debt financing.
- FIE's Debt to Equity ratio of 0.76 is in line compared to the rest of the industry. FIE outperforms 44.64% of its industry peers.
- Although FIE does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 3.33 |
ROIC/WACC1.58
WACC6.9%
2.3 Liquidity
- A Current Ratio of 1.15 indicates that FIE should not have too much problems paying its short term obligations.
- The Current ratio of FIE (1.15) is comparable to the rest of the industry.
- FIE has a Quick Ratio of 1.15. This is a bad value and indicates that FIE is not financially healthy enough and could expect problems in meeting its short term obligations.
- FIE's Quick ratio of 0.70 is fine compared to the rest of the industry. FIE outperforms 66.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 33.74% over the past year.
- The Earnings Per Share has been decreasing by -2.46% on average over the past years.
- The Revenue has grown by 11.81% in the past year. This is quite good.
- FIE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.29% yearly.
EPS 1Y (TTM)33.74%
EPS 3Y3.55%
EPS 5Y-2.46%
EPS Q2Q%31.91%
Revenue 1Y (TTM)11.81%
Revenue growth 3Y10.5%
Revenue growth 5Y8.29%
Sales Q2Q%2.61%
3.2 Future
- FIE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.71% yearly.
- FIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.65% yearly.
EPS Next Y38.44%
EPS Next 2Y24.21%
EPS Next 3Y19.71%
EPS Next 5YN/A
Revenue Next Year7.9%
Revenue Next 2Y6.6%
Revenue Next 3Y6.08%
Revenue Next 5Y5.65%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- FIE is valuated rather expensively with a Price/Earnings ratio of 18.88.
- Compared to the rest of the industry, the Price/Earnings ratio of FIE indicates a somewhat cheap valuation: FIE is cheaper than 76.79% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.87, FIE is valued a bit cheaper.
- A Price/Forward Earnings ratio of 14.84 indicates a correct valuation of FIE.
- 67.86% of the companies in the same industry are more expensive than FIE, based on the Price/Forward Earnings ratio.
- FIE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.88 | ||
| Fwd PE | 14.84 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FIE is valued a bit cheaper than the industry average as 69.64% of the companies are valued more expensively.
- 67.86% of the companies in the same industry are more expensive than FIE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.61 | ||
| EV/EBITDA | 7.42 |
4.3 Compensation for Growth
- FIE'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 FIE may justify a higher PE ratio.
- FIE's earnings are expected to grow with 19.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y24.21%
EPS Next 3Y19.71%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.81%, FIE has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.47, FIE pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, FIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
- The dividend of FIE decreases each year by -0.33%.
Dividend Growth(5Y)-0.33%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- 49.53% of the earnings are spent on dividend by FIE. This is a bit on the high side, but may be sustainable.
DP49.53%
EPS Next 2Y24.21%
EPS Next 3Y19.71%
FIELMANN GROUP AG / FIE.DE FAQ
Can you provide the ChartMill fundamental rating for FIELMANN GROUP AG?
ChartMill assigns a fundamental rating of 6 / 10 to FIE.DE.
Can you provide the valuation status for FIELMANN GROUP AG?
ChartMill assigns a valuation rating of 6 / 10 to FIELMANN GROUP AG (FIE.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for FIELMANN GROUP AG?
FIELMANN GROUP AG (FIE.DE) has a profitability rating of 7 / 10.
What is the valuation of FIELMANN GROUP AG based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIELMANN GROUP AG (FIE.DE) is 18.88 and the Price/Book (PB) ratio is 3.61.
What is the financial health of FIELMANN GROUP AG (FIE.DE) stock?
The financial health rating of FIELMANN GROUP AG (FIE.DE) is 7 / 10.