FRESENIUS MEDICAL CARE AG (FME.DE) Stock Fundamental Analysis
Europe - FRA:FME - DE0005785802 - Common Stock
43.14 EUR
-0.27 (-0.62%)
Overall FME gets a fundamental rating of 5 out of 10. We evaluated FME against 28 industry peers in the Health Care Providers & Services industry. Both the profitability and the financial health of FME get a neutral evaluation. Nothing too spectacular is happening here. FME has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FME had positive earnings in the past year.
FME had a positive operating cash flow in the past year.
Each year in the past 5 years FME has been profitable.
Each year in the past 5 years FME had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.10%, FME perfoms like the industry average, outperforming 53.57% of the companies in the same industry.
With a Return On Equity value of 4.95%, FME perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
FME has a Return On Invested Capital of 3.84%. This is comparable to the rest of the industry: FME outperforms 57.14% of its industry peers.
FME had an Average Return On Invested Capital over the past 3 years of 3.14%. This is below the industry average of 5.66%.
The last Return On Invested Capital (3.84%) for FME is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.95% | ||
| ROIC | 3.84% |
ROA(3y)1.65%
ROA(5y)2.29%
ROE(3y)4.06%
ROE(5y)6.04%
ROIC(3y)3.14%
ROIC(5y)4%
1.3 Margins
Looking at the Profit Margin, with a value of 3.36%, FME is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
FME's Profit Margin has declined in the last couple of years.
FME has a Operating Margin (7.15%) which is in line with its industry peers.
FME's Operating Margin has declined in the last couple of years.
FME has a Gross Margin (24.67%) which is comparable to the rest of the industry.
FME's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.15% | ||
| PM (TTM) | 3.36% | ||
| GM | 24.67% |
OM growth 3Y-13.44%
OM growth 5Y-12.95%
PM growth 3Y-20.33%
PM growth 5Y-16.53%
GM growth 3Y-3.16%
GM growth 5Y-4.44%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FME is destroying value.
FME has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FME has less shares outstanding
The debt/assets ratio for FME has been reduced compared to a year ago.
2.2 Solvency
FME has an Altman-Z score of 2.22. This is not the best score and indicates that FME is in the grey zone with still only limited risk for bankruptcy at the moment.
FME's Altman-Z score of 2.22 is fine compared to the rest of the industry. FME outperforms 71.43% of its industry peers.
FME has a debt to FCF ratio of 5.47. This is a neutral value as FME would need 5.47 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.47, FME is doing good in the industry, outperforming 78.57% of the companies in the same industry.
FME has a Debt/Equity ratio of 0.71. This is a neutral value indicating FME is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, FME is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.47 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.67
WACC5.73%
2.3 Liquidity
FME has a Current Ratio of 1.44. This is a normal value and indicates that FME is financially healthy and should not expect problems in meeting its short term obligations.
FME has a better Current ratio (1.44) than 71.43% of its industry peers.
A Quick Ratio of 1.08 indicates that FME should not have too much problems paying its short term obligations.
FME's Quick ratio of 1.08 is fine compared to the rest of the industry. FME outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
FME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.17%, which is quite good.
The Earnings Per Share has been decreasing by -6.43% on average over the past years.
FME shows a small growth in Revenue. In the last year, the Revenue has grown by 0.53%.
Measured over the past years, FME shows a small growth in Revenue. The Revenue has been growing by 2.04% on average per year.
EPS 1Y (TTM)17.17%
EPS 3Y-1.97%
EPS 5Y-6.43%
EPS Q2Q%30%
Revenue 1Y (TTM)0.53%
Revenue growth 3Y3.15%
Revenue growth 5Y2.04%
Sales Q2Q%0.55%
3.2 Future
FME is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.34% yearly.
FME is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.78% yearly.
EPS Next Y17.89%
EPS Next 2Y13.69%
EPS Next 3Y14.86%
EPS Next 5Y13.34%
Revenue Next Year1.46%
Revenue Next 2Y2.28%
Revenue Next 3Y2.99%
Revenue Next 5Y3.78%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.40, which indicates a correct valuation of FME.
Based on the Price/Earnings ratio, FME is valued cheaper than 89.29% of the companies in the same industry.
FME is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.27, the valuation of FME can be described as very reasonable.
FME's Price/Forward Earnings ratio is rather cheap when compared to the industry. FME is cheaper than 85.71% of the companies in the same industry.
FME's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.4 | ||
| Fwd PE | 10.27 |
4.2 Price Multiples
60.71% of the companies in the same industry are cheaper than FME, based on the Enterprise Value to EBITDA ratio.
FME's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.56 | ||
| EV/EBITDA | 11.24 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FME's earnings are expected to grow with 14.86% in the coming years.
PEG (NY)0.69
PEG (5Y)N/A
EPS Next 2Y13.69%
EPS Next 3Y14.86%
5. Dividend
5.1 Amount
FME has a Yearly Dividend Yield of 3.37%.
Compared to an average industry Dividend Yield of 2.57, FME pays a better dividend. On top of this FME pays more dividend than 89.29% of the companies listed in the same industry.
FME's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
5.2 History
The dividend of FME has a limited annual growth rate of 0.31%.
Dividend Growth(5Y)0.31%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
64.37% of the earnings are spent on dividend by FME. This is not a sustainable payout ratio.
The dividend of FME is growing, but earnings are growing more, so the dividend growth is sustainable.
DP64.37%
EPS Next 2Y13.69%
EPS Next 3Y14.86%
FRA:FME (9/18/2025, 7:00:00 PM)
43.14
-0.27 (-0.62%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners37.52%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.32B
Analysts68
Price Target50.55 (17.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
Yearly Dividend1.19
Dividend Growth(5Y)0.31%
DP64.37%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.03%
Min EPS beat(2)14.89%
Max EPS beat(2)27.17%
EPS beat(4)4
Avg EPS beat(4)20.72%
Min EPS beat(4)14.89%
Max EPS beat(4)27.17%
EPS beat(8)7
Avg EPS beat(8)15.78%
EPS beat(12)10
Avg EPS beat(12)13.92%
EPS beat(16)12
Avg EPS beat(16)10.11%
Revenue beat(2)1
Avg Revenue beat(2)-0.3%
Min Revenue beat(2)-3.33%
Max Revenue beat(2)2.74%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-4.4%
Max Revenue beat(4)6.05%
Revenue beat(8)3
Avg Revenue beat(8)-0.45%
Revenue beat(12)5
Avg Revenue beat(12)-0.49%
Revenue beat(16)6
Avg Revenue beat(16)-0.51%
PT rev (1m)-2.24%
PT rev (3m)0.71%
EPS NQ rev (1m)-0.93%
EPS NQ rev (3m)67.48%
EPS NY rev (1m)3.39%
EPS NY rev (3m)3.39%
Revenue NQ rev (1m)-0.32%
Revenue NQ rev (3m)-6.06%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.4 | ||
| Fwd PE | 10.27 | ||
| P/S | 1.3 | ||
| P/FCF | 12.56 | ||
| P/OCF | 9.19 | ||
| P/B | 1.91 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.24 |
EPS(TTM)3.48
EY8.07%
EPS(NY)4.2
Fwd EY9.74%
FCF(TTM)3.43
FCFY7.96%
OCF(TTM)4.69
OCFY10.88%
SpS33.26
BVpS22.61
TBVpS-2.73
PEG (NY)0.69
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.95% | ||
| ROCE | 5.44% | ||
| ROIC | 3.84% | ||
| ROICexc | 4.19% | ||
| ROICexgc | 11.45% | ||
| OM | 7.15% | ||
| PM (TTM) | 3.36% | ||
| GM | 24.67% | ||
| FCFM | 10.32% |
ROA(3y)1.65%
ROA(5y)2.29%
ROE(3y)4.06%
ROE(5y)6.04%
ROIC(3y)3.14%
ROIC(5y)4%
ROICexc(3y)3.31%
ROICexc(5y)4.22%
ROICexgc(3y)8.52%
ROICexgc(5y)10.56%
ROCE(3y)4.51%
ROCE(5y)5.77%
ROICexcg growth 3Y-7.67%
ROICexcg growth 5Y-10.05%
ROICexc growth 3Y-10.35%
ROICexc growth 5Y-11.48%
OM growth 3Y-13.44%
OM growth 5Y-12.95%
PM growth 3Y-20.33%
PM growth 5Y-16.53%
GM growth 3Y-3.16%
GM growth 5Y-4.44%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.47 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 45.83% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 3.82 | ||
| Cash Conversion | 91.56% | ||
| Profit Quality | 307% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 2.22 |
F-Score6
WACC5.73%
ROIC/WACC0.67
Cap/Depr(3y)41.32%
Cap/Depr(5y)47.87%
Cap/Sales(3y)3.79%
Cap/Sales(5y)4.49%
Profit Quality(3y)300.36%
Profit Quality(5y)267.36%
High Growth Momentum
Growth
EPS 1Y (TTM)17.17%
EPS 3Y-1.97%
EPS 5Y-6.43%
EPS Q2Q%30%
EPS Next Y17.89%
EPS Next 2Y13.69%
EPS Next 3Y14.86%
EPS Next 5Y13.34%
Revenue 1Y (TTM)0.53%
Revenue growth 3Y3.15%
Revenue growth 5Y2.04%
Sales Q2Q%0.55%
Revenue Next Year1.46%
Revenue Next 2Y2.28%
Revenue Next 3Y2.99%
Revenue Next 5Y3.78%
EBIT growth 1Y2.71%
EBIT growth 3Y-10.72%
EBIT growth 5Y-11.17%
EBIT Next Year100.38%
EBIT Next 3Y31.03%
EBIT Next 5Y19.02%
FCF growth 1Y14.07%
FCF growth 3Y1.25%
FCF growth 5Y3.45%
OCF growth 1Y14.41%
OCF growth 3Y-1.4%
OCF growth 5Y-1.45%