FNAC DARTY SA (FNAC.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:FNAC - FR0011476928 - Common Stock
35.35 EUR
+5.1 (+16.86%)
We assign a fundamental rating of 3 out of 10 to FNAC. FNAC was compared to 56 industry peers in the Specialty Retail industry. FNAC may be in some trouble as it scores bad on both profitability and health. FNAC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FNAC was profitable.
- In the past year FNAC had a positive cash flow from operations.
- FNAC had positive earnings in 4 of the past 5 years.
- FNAC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FNAC's Return On Assets of 0.29% is in line compared to the rest of the industry. FNAC outperforms 42.86% of its industry peers.
- The Return On Equity of FNAC (1.52%) is comparable to the rest of the industry.
- FNAC has a Return On Invested Capital (2.07%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FNAC is significantly below the industry average of 10.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 1.52% | ||
| ROIC | 2.07% |
ROA(3y)0.22%
ROA(5y)0.6%
ROE(3y)1.13%
ROE(5y)2.75%
ROIC(3y)2.82%
ROIC(5y)3.09%
1.3 Margins
- FNAC's Profit Margin of 0.24% is in line compared to the rest of the industry. FNAC outperforms 42.86% of its industry peers.
- FNAC's Profit Margin has declined in the last couple of years.
- FNAC has a Operating Margin (1.78%) which is in line with its industry peers.
- FNAC's Operating Margin has declined in the last couple of years.
- The Gross Margin of FNAC (29.18%) is worse than 64.29% of its industry peers.
- In the last couple of years the Gross Margin of FNAC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.78% | ||
| PM (TTM) | 0.24% | ||
| GM | 29.18% |
OM growth 3Y-14.99%
OM growth 5Y-12.2%
PM growth 3Y-39.79%
PM growth 5Y-21.15%
GM growth 3Y0.62%
GM growth 5Y-0.24%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FNAC is destroying value.
- The number of shares outstanding for FNAC has been increased compared to 1 year ago.
- Compared to 5 years ago, FNAC has more shares outstanding
- The debt/assets ratio for FNAC has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.38, we must say that FNAC is in the distress zone and has some risk of bankruptcy.
- FNAC has a Altman-Z score of 1.38. This is comparable to the rest of the industry: FNAC outperforms 44.64% of its industry peers.
- The Debt to FCF ratio of FNAC is 5.01, which is a neutral value as it means it would take FNAC, 5.01 years of fcf income to pay off all of its debts.
- FNAC's Debt to FCF ratio of 5.01 is in line compared to the rest of the industry. FNAC outperforms 50.00% of its industry peers.
- A Debt/Equity ratio of 1.55 is on the high side and indicates that FNAC has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.55, FNAC is not doing good in the industry: 73.21% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 5.01 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.44
WACC4.75%
2.3 Liquidity
- FNAC has a Current Ratio of 0.87. This is a bad value and indicates that FNAC is not financially healthy enough and could expect problems in meeting its short term obligations.
- FNAC's Current ratio of 0.87 is on the low side compared to the rest of the industry. FNAC is outperformed by 76.79% of its industry peers.
- A Quick Ratio of 0.36 indicates that FNAC may have some problems paying its short term obligations.
- FNAC has a Quick ratio of 0.36. This is in the lower half of the industry: FNAC underperforms 69.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
- FNAC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -86.28%.
- Measured over the past years, FNAC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.52% on average per year.
- FNAC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.97%.
- The Revenue has been growing slightly by 2.35% on average over the past years.
EPS 1Y (TTM)-86.28%
EPS 3Y-38.65%
EPS 5Y-20.52%
EPS Q2Q%-6.62%
Revenue 1Y (TTM)17.97%
Revenue growth 3Y0.87%
Revenue growth 5Y2.35%
Sales Q2Q%32.16%
3.2 Future
- The Earnings Per Share is expected to grow by 10.48% on average over the next years. This is quite good.
- Based on estimates for the next years, FNAC will show a quite strong growth in Revenue. The Revenue will grow by 8.29% on average per year.
EPS Next Y-16.77%
EPS Next 2Y4.36%
EPS Next 3Y10.48%
EPS Next 5YN/A
Revenue Next Year32.42%
Revenue Next 2Y15.89%
Revenue Next 3Y10.82%
Revenue Next 5Y8.29%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- Based on the Price/Earnings ratio of 64.27, the valuation of FNAC can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as FNAC.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, FNAC is valued quite expensively.
- Based on the Price/Forward Earnings ratio of 13.47, the valuation of FNAC can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FNAC indicates a somewhat cheap valuation: FNAC is cheaper than 76.79% of the companies listed in the same industry.
- FNAC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.27 | ||
| Fwd PE | 13.47 |
4.2 Price Multiples
- 96.43% of the companies in the same industry are more expensive than FNAC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.36%
EPS Next 3Y10.48%
5. Dividend
5.1 Amount
- FNAC has a Yearly Dividend Yield of 3.44%.
- FNAC's Dividend Yield is rather good when compared to the industry average which is at 1.47. FNAC pays more dividend than 83.93% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, FNAC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- FNAC pays out 55.26% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP55.26%
EPS Next 2Y4.36%
EPS Next 3Y10.48%
FNAC DARTY SA / FNAC.PA FAQ
What is the fundamental rating for FNAC stock?
ChartMill assigns a fundamental rating of 3 / 10 to FNAC.PA.
What is the valuation status for FNAC stock?
ChartMill assigns a valuation rating of 4 / 10 to FNAC DARTY SA (FNAC.PA). This can be considered as Fairly Valued.
How profitable is FNAC DARTY SA (FNAC.PA) stock?
FNAC DARTY SA (FNAC.PA) has a profitability rating of 3 / 10.
What is the earnings growth outlook for FNAC DARTY SA?
The Earnings per Share (EPS) of FNAC DARTY SA (FNAC.PA) is expected to decline by -16.77% in the next year.
Is the dividend of FNAC DARTY SA sustainable?
The dividend rating of FNAC DARTY SA (FNAC.PA) is 5 / 10 and the dividend payout ratio is 55.26%.