FRESENIUS MEDICAL CARE-ADR (FMS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMS - US3580291066 - ADR
21.41 USD
-1.47 (-6.42%)
Taking everything into account, FMS scores 5 out of 10 in our fundamental rating. FMS was compared to 100 industry peers in the Health Care Providers & Services industry. FMS has only an average score on both its financial health and profitability. FMS scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year FMS was profitable.
- FMS had a positive operating cash flow in the past year.
- In the past 5 years FMS has always been profitable.
- Each year in the past 5 years FMS had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.33%, FMS is in line with its industry, outperforming 59.00% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 5.55%, FMS is in the better half of the industry, outperforming 61.00% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.95%, FMS is in line with its industry, outperforming 50.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FMS is significantly below the industry average of 9.19%.
- 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
- FMS's Profit Margin of 3.66% is fine compared to the rest of the industry. FMS outperforms 73.00% of its industry peers.
- FMS's Profit Margin has declined in the last couple of years.
- FMS has a Operating Margin of 7.19%. This is in the better half of the industry: FMS outperforms 72.00% of its industry peers.
- In the last couple of years the Operating Margin of FMS has declined.
- FMS has a Gross Margin (25.00%) which is comparable to the rest of the industry.
- FMS's Gross Margin has declined in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FMS is destroying value.
- The number of shares outstanding for FMS remains at a similar level compared to 1 year ago.
- The number of shares outstanding for FMS has been reduced compared to 5 years ago.
- The debt/assets ratio for FMS has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.79, we must say that FMS is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of FMS (1.79) 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 fine compared to the rest of the industry. FMS outperforms 61.00% of its industry peers.
- A Debt/Equity ratio of 0.73 indicates that FMS is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.73, FMS is in line with its industry, outperforming 51.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.79
WACC5.01%
2.3 Liquidity
- A Current Ratio of 1.36 indicates that FMS should not have too much problems paying its short term obligations.
- The Current ratio of FMS (1.36) is comparable to the rest of the industry.
- A Quick Ratio of 1.00 indicates that FMS may have some problems paying its short term obligations.
- The Quick ratio of FMS (1.00) is worse than 66.00% 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 16.77%, which is quite good.
- Measured over the past years, FMS shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.43% on average per year.
- The Revenue has been growing slightly by 2.10% in the past year.
- The Revenue has been growing slightly by 2.04% on average over the past years.
EPS 1Y (TTM)16.77%
EPS 3Y-1.97%
EPS 5Y-6.43%
EPS Q2Q%34.15%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.15%
Revenue growth 5Y2.04%
Sales Q2Q%2.63%
3.2 Future
- The Earnings Per Share is expected to grow by 12.37% on average over the next years. This is quite good.
- The Revenue is expected to grow by 3.81% on average over the next years.
EPS Next Y21.73%
EPS Next 2Y12.96%
EPS Next 3Y13.16%
EPS Next 5Y12.37%
Revenue Next Year1.57%
Revenue Next 2Y2.26%
Revenue Next 3Y2.91%
Revenue Next 5Y3.81%
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.
- The Revenue 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
- With a Price/Earnings ratio of 9.82, the valuation of FMS can be described as very reasonable.
- Based on the Price/Earnings ratio, FMS is valued cheaper than 91.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, FMS is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.90, the valuation of FMS can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FMS indicates a rather cheap valuation: FMS is cheaper than 92.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, FMS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FMS is valued cheaper than 88.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, FMS is valued cheaply inside the industry as 94.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.14 | ||
| EV/EBITDA | 6.48 |
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 13.16% in the coming years.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y12.96%
EPS Next 3Y13.16%
5. Dividend
5.1 Amount
- FMS has a Yearly Dividend Yield of 3.69%.
- FMS's Dividend Yield is rather good when compared to the industry average which is at 0.59. FMS pays more dividend than 99.00% of the companies in the same industry.
- FMS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.69% |
5.2 History
- The dividend of FMS has a limited annual growth rate of 0.31%.
- FMS has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of FMS decreased 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.
- FMS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.83%
EPS Next 2Y12.96%
EPS Next 3Y13.16%
NYSE:FMS (1/14/2026, 3:59:03 PM)
21.41
-1.47 (-6.42%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-24 2026-02-24/amc
Inst Owners43.91%
Inst Owner Change0.02%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap12.56B
Revenue(TTM)19.64B
Net Income(TTM)718.19M
Analysts57.86
Price Target27.74 (29.57%)
Short Float %0.29%
Short Ratio2.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.69% |
Yearly Dividend0.69
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)-0.53%
PT rev (3m)-5.93%
EPS NQ rev (1m)2.82%
EPS NQ rev (3m)-4.08%
EPS NY rev (1m)0.17%
EPS NY rev (3m)2.91%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 8.9 | ||
| P/S | 0.55 | ||
| P/FCF | 6.14 | ||
| P/OCF | 4.29 | ||
| P/B | 0.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.48 |
EPS(TTM)2.18
EY10.18%
EPS(NY)2.41
Fwd EY11.24%
FCF(TTM)3.48
FCFY16.28%
OCF(TTM)4.99
OCFY23.29%
SpS39.01
BVpS25.72
TBVpS-3.75
PEG (NY)0.45
PEG (5Y)N/A
Graham Number35.52
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 | 1.79 |
F-Score5
WACC5.01%
ROIC/WACC0.79
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)16.77%
EPS 3Y-1.97%
EPS 5Y-6.43%
EPS Q2Q%34.15%
EPS Next Y21.73%
EPS Next 2Y12.96%
EPS Next 3Y13.16%
EPS Next 5Y12.37%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.15%
Revenue growth 5Y2.04%
Sales Q2Q%2.63%
Revenue Next Year1.57%
Revenue Next 2Y2.26%
Revenue Next 3Y2.91%
Revenue Next 5Y3.81%
EBIT growth 1Y-3.43%
EBIT growth 3Y-10.72%
EBIT growth 5Y-11.17%
EBIT Next Year96.22%
EBIT Next 3Y29.78%
EBIT Next 5Y18.33%
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 5 / 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 5 / 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 21.73% 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%.