FRESENIUS MEDICAL CARE-ADR (FMS) Stock Fundamental Analysis
NYSE:FMS • US3580291066
22.65 USD
-0.01 (-0.04%)
At close: Feb 25, 2026
22.65 USD
0 (0%)
After Hours: 2/25/2026, 4:15:00 PM
Overall FMS gets a fundamental rating of 4 out of 10. We evaluated FMS against 101 industry peers in the Health Care Providers & Services industry. FMS has a medium profitability rating, but doesn't score so well on its financial health evaluation. FMS has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- In the past year FMS was profitable.
- FMS had a positive operating cash flow in the past year.
- Of the past 5 years FMS 4 years were profitable.
- Of the past 5 years FMS 4 years had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 2.33%, FMS perfoms like the industry average, outperforming 58.42% of the companies in the same industry.
- FMS has a Return On Equity (5.55%) which is in line with its industry peers.
- FMS has a Return On Invested Capital (3.95%) which is comparable to the rest of the industry.
- FMS had an Average Return On Invested Capital over the past 3 years of 3.14%. This is significantly below the industry average of 8.93%.
- The 3 year average ROIC (3.14%) for FMS is below the current ROIC(3.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 5.55% | ||
| ROIC | 3.95% |
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
- The Profit Margin of FMS (3.66%) is better than 73.27% of its industry peers.
- In the last couple of years the Profit Margin of FMS has declined.
- FMS has a Operating Margin of 7.19%. This is in the better half of the industry: FMS outperforms 72.28% of its industry peers.
- FMS's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 25.00%, FMS is in line with its industry, outperforming 52.48% of the companies in the same industry.
- In the last couple of years the Gross Margin of FMS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.19% | ||
| PM (TTM) | 3.66% | ||
| GM | 25% |
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
- FMS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- FMS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- FMS has an Altman-Z score of 1.78. This is a bad value and indicates that FMS is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of FMS (1.78) is comparable to the rest of the industry.
- The Debt to FCF ratio of FMS is 5.97, which is a neutral value as it means it would take FMS, 5.97 years of fcf income to pay off all of its debts.
- FMS's Debt to FCF ratio of 5.97 is in line compared to the rest of the industry. FMS outperforms 59.41% of its industry peers.
- FMS has a Debt/Equity ratio of 0.73. This is a neutral value indicating FMS is somewhat dependend on debt financing.
- FMS's Debt to Equity ratio of 0.73 is in line compared to the rest of the industry. FMS outperforms 51.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.78
WACC5.07%
2.3 Liquidity
- FMS has a Current Ratio of 1.36. This is a normal value and indicates that FMS is financially healthy and should not expect problems in meeting its short term obligations.
- FMS's Current ratio of 1.36 is in line compared to the rest of the industry. FMS outperforms 51.49% of its industry peers.
- A Quick Ratio of 1.00 indicates that FMS may have some problems paying its short term obligations.
- FMS has a Quick ratio of 1.00. This is in the lower half of the industry: FMS underperforms 63.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
- FMS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.36%, which is quite good.
- Measured over the past years, FMS shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.15% on average per year.
EPS 1Y (TTM)9.36%
EPS 3Y4.66%
EPS 5Y-5.15%
EPS Q2Q%-22.61%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.52%
3.2 Future
- Based on estimates for the next years, FMS will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.40% on average per year.
- Based on estimates for the next years, FMS will show a small growth in Revenue. The Revenue will grow by 3.79% on average per year.
EPS Next Y16.67%
EPS Next 2Y15.11%
EPS Next 3Y16.28%
EPS Next 5Y12.4%
Revenue Next Year2.15%
Revenue Next 2Y3.14%
Revenue Next 3Y4.72%
Revenue Next 5Y3.79%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 10.89, which indicates a very decent valuation of FMS.
- Compared to the rest of the industry, the Price/Earnings ratio of FMS indicates a rather cheap valuation: FMS is cheaper than 89.11% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.98. FMS is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 9.32 indicates a reasonable valuation of FMS.
- Based on the Price/Forward Earnings ratio, FMS is valued cheaply inside the industry as 91.09% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of FMS to the average of the S&P500 Index (28.01), we can say FMS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.89 | ||
| Fwd PE | 9.32 |
4.2 Price Multiples
- FMS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FMS is cheaper than 88.12% of the companies in the same industry.
- FMS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FMS is cheaper than 91.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.43 | ||
| EV/EBITDA | 6.41 |
4.3 Compensation for Growth
- FMS's 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 FMS's earnings are expected to grow with 16.28% in the coming years.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y15.11%
EPS Next 3Y16.28%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.76%, FMS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.49, FMS pays a better dividend. On top of this FMS pays more dividend than 98.02% of the companies listed in the same industry.
- FMS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
- The dividend of FMS has a limited annual growth rate of 0.31%.
- FMS has paid a dividend for at least 10 years, which is a reliable track record.
- FMS has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.31%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 58.83% of the earnings are spent on dividend by FMS. This is a bit on the high side, but may be sustainable.
- The dividend of FMS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.83%
EPS Next 2Y15.11%
EPS Next 3Y16.28%
22.65
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-24 2026-02-24/bmo
Earnings (Next)05-05 2026-05-05
Inst Owners43.91%
Inst Owner Change6.19%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.29B
Revenue(TTM)N/A
Net Income(TTM)718.19M
Analysts65.93
Price Target27.2 (20.09%)
Short Float %0.57%
Short Ratio3.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
Yearly Dividend0.7
Dividend Growth(5Y)0.31%
DP58.83%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.52%
Min EPS beat(2)14.16%
Max EPS beat(2)14.89%
EPS beat(4)4
Avg EPS beat(4)17.81%
Min EPS beat(4)14.16%
Max EPS beat(4)27.17%
EPS beat(8)7
Avg EPS beat(8)16.37%
EPS beat(12)10
Avg EPS beat(12)13.79%
EPS beat(16)12
Avg EPS beat(16)10.84%
Revenue beat(2)0
Avg Revenue beat(2)-2.52%
Min Revenue beat(2)-3.33%
Max Revenue beat(2)-1.71%
Revenue beat(4)2
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-3.33%
Max Revenue beat(4)6.05%
Revenue beat(8)3
Avg Revenue beat(8)-0.62%
Revenue beat(12)4
Avg Revenue beat(12)-0.64%
Revenue beat(16)6
Avg Revenue beat(16)-0.51%
PT rev (1m)-2.62%
PT rev (3m)-3.01%
EPS NQ rev (1m)12.25%
EPS NQ rev (3m)14.04%
EPS NY rev (1m)0%
EPS NY rev (3m)2.37%
Revenue NQ rev (1m)0.31%
Revenue NQ rev (3m)0.62%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.89 | ||
| Fwd PE | 9.32 | ||
| P/S | 0.57 | ||
| P/FCF | 6.43 | ||
| P/OCF | 4.49 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.41 |
EPS(TTM)2.08
EY9.18%
EPS(NY)2.43
Fwd EY10.73%
FCF(TTM)3.52
FCFY15.55%
OCF(TTM)5.04
OCFY22.25%
SpS39.42
BVpS25.99
TBVpS-3.79
PEG (NY)0.65
PEG (5Y)N/A
Graham Number34.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 5.55% | ||
| ROCE | 5.62% | ||
| ROIC | 3.95% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 11.65% | ||
| OM | 7.19% | ||
| PM (TTM) | 3.66% | ||
| GM | 25% | ||
| FCFM | 8.93% |
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%
ROICexgc growth 3Y-7.67%
ROICexgc 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-Score5
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 47.15% | ||
| Cap/Sales | 3.85% | ||
| Interest Coverage | 3.87 | ||
| Cash Conversion | 83.24% | ||
| Profit Quality | 244.33% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.78 |
F-Score5
WACC5.07%
ROIC/WACC0.78
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)9.36%
EPS 3Y4.66%
EPS 5Y-5.15%
EPS Q2Q%-22.61%
EPS Next Y16.67%
EPS Next 2Y15.11%
EPS Next 3Y16.28%
EPS Next 5Y12.4%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.52%
Revenue Next Year2.15%
Revenue Next 2Y3.14%
Revenue Next 3Y4.72%
Revenue Next 5Y3.79%
EBIT growth 1Y-3.43%
EBIT growth 3Y-10.72%
EBIT growth 5Y-11.17%
EBIT Next Year96.05%
EBIT Next 3Y28.86%
EBIT Next 5Y18.07%
FCF growth 1Y-5.89%
FCF growth 3Y1.25%
FCF growth 5Y3.45%
OCF growth 1Y0.06%
OCF growth 3Y-1.4%
OCF growth 5Y-1.45%
FRESENIUS MEDICAL CARE-ADR / FMS FAQ
What is the fundamental rating for FMS stock?
ChartMill assigns a fundamental rating of 4 / 10 to FMS.
Can you provide the valuation status for FRESENIUS MEDICAL CARE-ADR?
ChartMill assigns a valuation rating of 8 / 10 to FRESENIUS MEDICAL CARE-ADR (FMS). This can be considered as Undervalued.
What is the profitability of FMS stock?
FRESENIUS MEDICAL CARE-ADR (FMS) has a profitability rating of 4 / 10.
What is the expected EPS growth for FRESENIUS MEDICAL CARE-ADR (FMS) stock?
The Earnings per Share (EPS) of FRESENIUS MEDICAL CARE-ADR (FMS) is expected to grow by 16.67% in the next year.
Is the dividend of FRESENIUS MEDICAL CARE-ADR sustainable?
The dividend rating of FRESENIUS MEDICAL CARE-ADR (FMS) is 6 / 10 and the dividend payout ratio is 58.83%.