FRESENIUS SE & CO KGAA (FRE.DE) Stock Fundamental Analysis
FRA:FRE • DE0005785604
51.72 EUR
-0.34 (-0.65%)
Last: Feb 23, 2026, 05:36 PM
We assign a fundamental rating of 4 out of 10 to FRE. FRE was compared to 32 industry peers in the Health Care Providers & Services industry. Both the profitability and the financial health of FRE get a neutral evaluation. Nothing too spectacular is happening here. FRE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
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.
- Each year in the past 5 years FRE had a positive operating cash flow.
1.2 Ratios
- FRE has a Return On Assets (2.69%) which is comparable to the rest of the industry.
- FRE has a Return On Equity (6.14%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 3.26%, FRE is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for FRE is significantly below the industry average of 6.99%.
- The last Return On Invested Capital (3.26%) for FRE is above the 3 year average (1.83%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.14% | ||
| ROIC | 3.26% |
ROA(3y)0.52%
ROA(5y)1.33%
ROE(3y)2%
ROE(5y)5.13%
ROIC(3y)1.83%
ROIC(5y)2.61%
1.3 Margins
- With an excellent Profit Margin value of 5.11%, FRE belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
- FRE's Profit Margin has declined in the last couple of years.
- FRE has a Operating Margin of 9.76%. This is amongst the best in the industry. FRE outperforms 87.50% of its industry peers.
- FRE's Operating Margin has declined in the last couple of years.
- FRE has a Gross Margin (24.99%) which is in line with 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 3Y-9.84%
OM growth 5Y-8.98%
PM growth 3Y-23.64%
PM growth 5Y-16.51%
GM growth 3Y-3.58%
GM growth 5Y-3.36%
2. Health
2.1 Basic Checks
- FRE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- FRE has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for FRE has been increased compared to 5 years ago.
- FRE has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.12 indicates that FRE is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FRE has a Altman-Z score of 2.12. This is comparable to the rest of the industry: FRE outperforms 59.38% of its industry peers.
- FRE has a debt to FCF ratio of 11.17. This is a negative value and a sign of low solvency as FRE would need 11.17 years to pay back of all of its debts.
- FRE has a Debt to FCF ratio (11.17) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.61 indicates that FRE is somewhat dependend on debt financing.
- FRE's Debt to Equity ratio of 0.61 is amongst the best of the industry. FRE outperforms 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 11.17 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.6
WACC5.44%
2.3 Liquidity
- FRE has a Current Ratio of 1.26. This is a normal value and indicates that FRE is financially healthy and should not expect problems in meeting its short term obligations.
- FRE has a better Current ratio (1.26) than 65.63% of its industry peers.
- FRE has a Quick Ratio of 1.26. This is a bad value and indicates that FRE is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of FRE (0.99) is better than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 215.74% over the past year.
- Measured over the past years, FRE shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.29% on average per year.
- Looking at the last year, FRE shows a small growth in Revenue. The Revenue has grown by 2.13% in the last year.
- FRE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -9.22% yearly.
EPS 1Y (TTM)215.74%
EPS 3Y-2.62%
EPS 5Y-2.29%
EPS Q2Q%20.29%
Revenue 1Y (TTM)2.13%
Revenue growth 3Y-16.51%
Revenue growth 5Y-9.22%
Sales Q2Q%2.22%
3.2 Future
- FRE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.27% yearly.
- The Revenue is expected to grow by 4.51% on average over the next years.
EPS Next Y13.8%
EPS Next 2Y12.74%
EPS Next 3Y11.84%
EPS Next 5Y10.27%
Revenue Next Year4.48%
Revenue Next 2Y4.84%
Revenue Next 3Y4.86%
Revenue Next 5Y4.51%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- With a Price/Earnings ratio of 15.17, FRE is valued correctly.
- Based on the Price/Earnings ratio, FRE is valued a bit cheaper than 71.88% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.99, FRE is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 13.52, FRE is valued correctly.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FRE indicates a somewhat cheap valuation: FRE is cheaper than 71.88% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of FRE to the average of the S&P500 Index (28.02), we can say FRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.17 | ||
| Fwd PE | 13.52 |
4.2 Price Multiples
- FRE's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, FRE is valued a bit more expensive than 71.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.3 | ||
| EV/EBITDA | 11.05 |
4.3 Compensation for Growth
- FRE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y12.74%
EPS Next 3Y11.84%
5. Dividend
5.1 Amount
- FRE has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
- FRE's Dividend Yield is a higher than the industry average which is at 1.65.
- Compared to an average S&P500 Dividend Yield of 1.81, FRE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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 2Y12.74%
EPS Next 3Y11.84%
FRA:FRE (2/23/2026, 5:36:15 PM)
51.72
-0.34 (-0.65%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-25 2026-02-25/amc
Inst Owners46.56%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap29.13B
Revenue(TTM)22.35B
Net Income(TTM)1.14B
Analysts85.22
Price Target56.38 (9.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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)0.75%
PT rev (3m)2.85%
EPS NQ rev (1m)2.29%
EPS NQ rev (3m)1.11%
EPS NY rev (1m)0%
EPS NY rev (3m)0.33%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.17 | ||
| Fwd PE | 13.52 | ||
| P/S | 1.3 | ||
| P/FCF | 24.3 | ||
| P/OCF | 13.38 | ||
| P/B | 1.56 | ||
| P/tB | 15.73 | ||
| EV/EBITDA | 11.05 |
EPS(TTM)3.41
EY6.59%
EPS(NY)3.83
Fwd EY7.4%
FCF(TTM)2.13
FCFY4.12%
OCF(TTM)3.87
OCFY7.47%
SpS39.68
BVpS33.06
TBVpS3.29
PEG (NY)1.1
PEG (5Y)N/A
Graham Number50.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.14% | ||
| ROCE | 6.63% | ||
| ROIC | 3.26% | ||
| ROICexc | 3.7% | ||
| ROICexgc | 8.63% | ||
| OM | 9.76% | ||
| PM (TTM) | 5.11% | ||
| GM | 24.99% | ||
| FCFM | 5.37% |
ROA(3y)0.52%
ROA(5y)1.33%
ROE(3y)2%
ROE(5y)5.13%
ROIC(3y)1.83%
ROIC(5y)2.61%
ROICexc(3y)1.84%
ROICexc(5y)2.65%
ROICexgc(3y)3.69%
ROICexgc(5y)5.83%
ROCE(3y)3.71%
ROCE(5y)5.33%
ROICexgc growth 3Y-17.75%
ROICexgc growth 5Y-15.4%
ROICexc growth 3Y-12.52%
ROICexc growth 5Y-11.09%
OM growth 3Y-9.84%
OM growth 5Y-8.98%
PM growth 3Y-23.64%
PM growth 5Y-16.51%
GM growth 3Y-3.58%
GM growth 5Y-3.36%
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 | 2.12 |
F-Score7
WACC5.44%
ROIC/WACC0.6
Cap/Depr(3y)72.62%
Cap/Depr(5y)76.65%
Cap/Sales(3y)6.17%
Cap/Sales(5y)6.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)215.74%
EPS 3Y-2.62%
EPS 5Y-2.29%
EPS Q2Q%20.29%
EPS Next Y13.8%
EPS Next 2Y12.74%
EPS Next 3Y11.84%
EPS Next 5Y10.27%
Revenue 1Y (TTM)2.13%
Revenue growth 3Y-16.51%
Revenue growth 5Y-9.22%
Sales Q2Q%2.22%
Revenue Next Year4.48%
Revenue Next 2Y4.84%
Revenue Next 3Y4.86%
Revenue Next 5Y4.51%
EBIT growth 1Y51.21%
EBIT growth 3Y-24.73%
EBIT growth 5Y-17.37%
EBIT Next Year65.95%
EBIT Next 3Y24.42%
EBIT Next 5Y15.77%
FCF growth 1Y-61.64%
FCF growth 3Y-21.04%
FCF growth 5Y-3.73%
OCF growth 1Y-52.6%
OCF growth 3Y-21.94%
OCF growth 5Y-10.74%
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 5 / 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 13.8% 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 3 / 10 and the dividend payout ratio is 59.84%.