FRESENIUS SE & CO KGAA (FRE.DE) Fundamental Analysis & Valuation
FRA:FRE • DE0005785604
47.14 EUR
+0.41 (+0.88%)
Last: Mar 9, 2026, 07:00 PM
This FRE.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, FRE scores 4 out of 10 in our fundamental rating. FRE was compared to 33 industry peers in the Health Care Providers & Services industry. FRE has an average financial health and profitability rating. FRE has a correct valuation and a medium growth rate.
1. FRE.DE Profitability Analysis
1.1 Basic Checks
- In the past year FRE was profitable.
- In the past year FRE had a positive cash flow from operations.
- Of the past 5 years FRE 4 years were profitable.
- FRE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- FRE has a Return On Assets (2.69%) which is in line with its industry peers.
- With a Return On Equity value of 6.14%, FRE perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.44%, FRE is doing worse than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.14% | ||
| ROIC | 4.44% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 5.11%, FRE belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- FRE's Profit Margin has improved in the last couple of years.
- The Operating Margin of FRE (9.76%) is better than 87.88% of its industry peers.
- In the last couple of years the Operating Margin of FRE has declined.
- FRE has a Gross Margin of 24.99%. This is comparable to the rest of the industry: FRE outperforms 54.55% of its industry peers.
- In the last couple of years the Gross Margin of FRE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.76% | ||
| PM (TTM) | 5.11% | ||
| GM | 24.99% |
OM growth 3Y5.78%
OM growth 5Y-3.42%
PM growth 3Y-4.64%
PM growth 5Y3.27%
GM growth 3Y-0.27%
GM growth 5Y-2.63%
2. FRE.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FRE is destroying value.
- FRE 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
- FRE has an Altman-Z score of 2.04. This is not the best score and indicates that FRE is in the grey zone with still only limited risk for bankruptcy at the moment.
- FRE has a Altman-Z score of 2.04. This is comparable to the rest of the industry: FRE outperforms 57.58% of its industry peers.
- The Debt to FCF ratio of FRE is 11.17, which is on the high side as it means it would take FRE, 11.17 years of fcf income to pay off all of its debts.
- FRE has a Debt to FCF ratio (11.17) which is in line with its industry peers.
- FRE has a Debt/Equity ratio of 0.61. This is a neutral value indicating FRE is somewhat dependend on debt financing.
- FRE has a better Debt to Equity ratio (0.61) than 84.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 11.17 | ||
| Altman-Z | 2.04 |
ROIC/WACC0.84
WACC5.31%
2.3 Liquidity
- A Current Ratio of 1.26 indicates that FRE should not have too much problems paying its short term obligations.
- FRE's Current ratio of 1.26 is fine compared to the rest of the industry. FRE outperforms 63.64% of its industry peers.
- A Quick Ratio of 0.99 indicates that FRE may have some problems paying its short term obligations.
- FRE has a better Quick ratio (0.99) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.99 |
3. FRE.DE Growth Analysis
3.1 Past
- FRE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.31%.
- Measured over the past years, FRE shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.06% on average per year.
- Looking at the last year, FRE shows a small growth in Revenue. The Revenue has grown by 3.87% in the last year.
- FRE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.81% yearly.
EPS 1Y (TTM)6.31%
EPS 3Y9.46%
EPS 5Y-0.06%
EPS Q2Q%-25%
Revenue 1Y (TTM)3.87%
Revenue growth 3Y2.03%
Revenue growth 5Y-8.81%
Sales Q2Q%5.88%
3.2 Future
- Based on estimates for the next years, FRE will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.54% on average per year.
- FRE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.03% yearly.
EPS Next Y16.18%
EPS Next 2Y13.43%
EPS Next 3Y11.88%
EPS Next 5Y10.54%
Revenue Next Year4.95%
Revenue Next 2Y4.9%
Revenue Next 3Y5.06%
Revenue Next 5Y5.03%
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. FRE.DE Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 14.73, which indicates a correct valuation of FRE.
- Compared to the rest of the industry, the Price/Earnings ratio of FRE indicates a somewhat cheap valuation: FRE is cheaper than 69.70% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of FRE to the average of the S&P500 Index (26.46), we can say FRE is valued slightly cheaper.
- FRE is valuated correctly with a Price/Forward Earnings ratio of 12.68.
- FRE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FRE is cheaper than 72.73% of the companies in the same industry.
- FRE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 12.68 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FRE is valued a bit more expensive than 60.61% of the companies in the same industry.
- 63.64% of the companies in the same industry are cheaper than FRE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.14 | ||
| EV/EBITDA | 10.15 |
4.3 Compensation for Growth
- FRE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.91
PEG (5Y)N/A
EPS Next 2Y13.43%
EPS Next 3Y11.88%
5. FRE.DE Dividend Analysis
5.1 Amount
- FRE has a Yearly Dividend Yield of 2.26%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.61, FRE pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, FRE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 59.84% of the earnings are spent on dividend by FRE. This is a bit on the high side, but may be sustainable.
DP59.84%
EPS Next 2Y13.43%
EPS Next 3Y11.88%
FRE.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:FRE (3/9/2026, 7:00:00 PM)
47.14
+0.41 (+0.88%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-25 2026-02-25/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners45.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap26.55B
Revenue(TTM)22.68B
Net Income(TTM)1.14B
Analysts85.22
Price Target56.38 (19.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP59.84%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.22%
Min EPS beat(2)8.91%
Max EPS beat(2)13.53%
EPS beat(4)4
Avg EPS beat(4)13.17%
Min EPS beat(4)8.91%
Max EPS beat(4)17.61%
EPS beat(8)5
Avg EPS beat(8)-25.39%
EPS beat(12)7
Avg EPS beat(12)-39.44%
EPS beat(16)8
Avg EPS beat(16)-31.03%
Revenue beat(2)1
Avg Revenue beat(2)-1.68%
Min Revenue beat(2)-4.68%
Max Revenue beat(2)1.31%
Revenue beat(4)3
Avg Revenue beat(4)0.47%
Min Revenue beat(4)-4.68%
Max Revenue beat(4)2.84%
Revenue beat(8)4
Avg Revenue beat(8)-0.27%
Revenue beat(12)4
Avg Revenue beat(12)-0.51%
Revenue beat(16)6
Avg Revenue beat(16)-0.27%
PT rev (1m)0%
PT rev (3m)2.06%
EPS NQ rev (1m)-0.25%
EPS NQ rev (3m)2.49%
EPS NY rev (1m)-2.82%
EPS NY rev (3m)-2.65%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 12.68 | ||
| P/S | 1.19 | ||
| P/FCF | 22.14 | ||
| P/OCF | 12.2 | ||
| P/B | 1.43 | ||
| P/tB | 14.34 | ||
| EV/EBITDA | 10.15 |
EPS(TTM)3.2
EY6.79%
EPS(NY)3.72
Fwd EY7.89%
FCF(TTM)2.13
FCFY4.52%
OCF(TTM)3.87
OCFY8.2%
SpS39.68
BVpS33.06
TBVpS3.29
PEG (NY)0.91
PEG (5Y)N/A
Graham Number48.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.14% | ||
| ROCE | 6.63% | ||
| ROIC | 4.44% | ||
| ROICexc | 5.05% | ||
| ROICexgc | 11.76% | ||
| OM | 9.76% | ||
| PM (TTM) | 5.11% | ||
| GM | 24.99% | ||
| FCFM | 5.37% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.78%
OM growth 5Y-3.42%
PM growth 3Y-4.64%
PM growth 5Y3.27%
GM growth 3Y-0.27%
GM growth 5Y-2.63%
F-Score7
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 11.17 | ||
| Debt/EBITDA | 3.4 | ||
| Cap/Depr | 86.4% | ||
| Cap/Sales | 4.38% | ||
| Interest Coverage | 6.84 | ||
| Cash Conversion | 65.69% | ||
| Profit Quality | 104.9% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.04 |
F-Score7
WACC5.31%
ROIC/WACC0.84
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.31%
EPS 3Y9.46%
EPS 5Y-0.06%
EPS Q2Q%-25%
EPS Next Y16.18%
EPS Next 2Y13.43%
EPS Next 3Y11.88%
EPS Next 5Y10.54%
Revenue 1Y (TTM)3.87%
Revenue growth 3Y2.03%
Revenue growth 5Y-8.81%
Sales Q2Q%5.88%
Revenue Next Year4.95%
Revenue Next 2Y4.9%
Revenue Next 3Y5.06%
Revenue Next 5Y5.03%
EBIT growth 1Y51.21%
EBIT growth 3Y7.94%
EBIT growth 5Y-11.93%
EBIT Next Year55.21%
EBIT Next 3Y20.76%
EBIT Next 5Y14.38%
FCF growth 1Y-43.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-29.77%
OCF growth 3YN/A
OCF growth 5YN/A
FRESENIUS SE & CO KGAA / FRE.DE FAQ
What is the fundamental rating for FRE stock?
ChartMill assigns a fundamental rating of 4 / 10 to FRE.DE.
What is the valuation status for FRE stock?
ChartMill assigns a valuation rating of 4 / 10 to FRESENIUS SE & CO KGAA (FRE.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for FRESENIUS SE & CO KGAA?
FRESENIUS SE & CO KGAA (FRE.DE) has a profitability rating of 4 / 10.
What is the expected EPS growth for FRESENIUS SE & CO KGAA (FRE.DE) stock?
The Earnings per Share (EPS) of FRESENIUS SE & CO KGAA (FRE.DE) is expected to grow by 16.18% in the next year.
How sustainable is the dividend of FRESENIUS SE & CO KGAA (FRE.DE) stock?
The dividend rating of FRESENIUS SE & CO KGAA (FRE.DE) is 4 / 10 and the dividend payout ratio is 59.84%.