FORVIA (FRVIA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:FRVIA - FR0000121147 - Common Stock
14.445 EUR
+0.07 (+0.49%)
We assign a fundamental rating of 3 out of 10 to FRVIA. FRVIA was compared to 32 industry peers in the Automobile Components industry. Both the profitability and financial health of FRVIA have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on FRVIA.
1. Profitability
1.1 Basic Checks
- FRVIA had positive earnings in the past year.
- In the past year FRVIA had a positive cash flow from operations.
- In the past 5 years FRVIA reported 4 times negative net income.
- In the past 5 years FRVIA always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of -1.58%, FRVIA is doing worse than 68.75% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -12.49%, FRVIA is doing worse than 71.88% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 5.70%, FRVIA is in line with its industry, outperforming 50.00% of the companies in the same industry.
- FRVIA had an Average Return On Invested Capital over the past 3 years of 4.67%. This is in line with the industry average of 6.33%.
- The 3 year average ROIC (4.67%) for FRVIA is below the current ROIC(5.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.58% | ||
| ROE | -12.49% | ||
| ROIC | 5.7% |
ROA(3y)-0.36%
ROA(5y)-0.69%
ROE(3y)-2.6%
ROE(5y)-4.25%
ROIC(3y)4.67%
ROIC(5y)4.19%
1.3 Margins
- FRVIA's Operating Margin of 4.73% is in line compared to the rest of the industry. FRVIA outperforms 59.38% of its industry peers.
- In the last couple of years the Operating Margin of FRVIA has declined.
- The Gross Margin of FRVIA (13.49%) is worse than 81.25% of its industry peers.
- In the last couple of years the Gross Margin of FRVIA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.73% | ||
| PM (TTM) | N/A | ||
| GM | 13.49% |
OM growth 3Y-1.94%
OM growth 5Y-8.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.47%
GM growth 5Y-0.92%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FRVIA is destroying value.
- Compared to 1 year ago, FRVIA has about the same amount of shares outstanding.
- Compared to 5 years ago, FRVIA has more shares outstanding
- Compared to 1 year ago, FRVIA has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.20, we must say that FRVIA is in the distress zone and has some risk of bankruptcy.
- FRVIA's Altman-Z score of 1.20 is on the low side compared to the rest of the industry. FRVIA is outperformed by 78.13% of its industry peers.
- FRVIA has a debt to FCF ratio of 12.32. This is a negative value and a sign of low solvency as FRVIA would need 12.32 years to pay back of all of its debts.
- FRVIA has a Debt to FCF ratio (12.32) which is in line with its industry peers.
- A Debt/Equity ratio of 2.72 is on the high side and indicates that FRVIA has dependencies on debt financing.
- FRVIA has a worse Debt to Equity ratio (2.72) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.72 | ||
| Debt/FCF | 12.32 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.96
WACC5.91%
2.3 Liquidity
- FRVIA has a Current Ratio of 0.98. This is a bad value and indicates that FRVIA is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.98, FRVIA is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
- A Quick Ratio of 0.79 indicates that FRVIA may have some problems paying its short term obligations.
- FRVIA's Quick ratio of 0.79 is on the low side compared to the rest of the industry. FRVIA is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- FRVIA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 259.18%, which is quite impressive.
- The earnings per share for FRVIA have been decreasing by -20.18% on average. This is quite bad
- Looking at the last year, FRVIA shows a decrease in Revenue. The Revenue has decreased by -0.90% in the last year.
- FRVIA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.71% yearly.
EPS 1Y (TTM)259.18%
EPS 3YN/A
EPS 5Y-20.18%
EPS Q2Q%11300%
Revenue 1Y (TTM)-0.9%
Revenue growth 3Y19.98%
Revenue growth 5Y8.71%
Sales Q2Q%-0.42%
3.2 Future
- Based on estimates for the next years, FRVIA will show a very strong growth in Earnings Per Share. The EPS will grow by 29.60% on average per year.
- Based on estimates for the next years, FRVIA will show a small growth in Revenue. The Revenue will grow by 0.75% on average per year.
EPS Next Y-94.49%
EPS Next 2Y26.06%
EPS Next 3Y29.6%
EPS Next 5YN/A
Revenue Next Year-2.72%
Revenue Next 2Y-0.91%
Revenue Next 3Y0.75%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 4.10, which indicates a rather cheap valuation of FRVIA.
- Based on the Price/Earnings ratio, FRVIA is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
- FRVIA is valuated cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 7.21, the valuation of FRVIA can be described as very cheap.
- FRVIA's Price/Forward Earnings ratio is rather cheap when compared to the industry. FRVIA is cheaper than 84.38% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, FRVIA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 7.21 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRVIA indicates a somewhat cheap valuation: FRVIA is cheaper than 78.13% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, FRVIA is valued cheaper than 90.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.26 | ||
| EV/EBITDA | 2.59 |
4.3 Compensation for Growth
- FRVIA's earnings are expected to grow with 29.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y26.06%
EPS Next 3Y29.6%
5. Dividend
5.1 Amount
- FRVIA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FORVIA / FRVIA.PA FAQ
What is the ChartMill fundamental rating of FORVIA (FRVIA.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FRVIA.PA.
Can you provide the valuation status for FORVIA?
ChartMill assigns a valuation rating of 8 / 10 to FORVIA (FRVIA.PA). This can be considered as Undervalued.
How profitable is FORVIA (FRVIA.PA) stock?
FORVIA (FRVIA.PA) has a profitability rating of 3 / 10.
What is the valuation of FORVIA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORVIA (FRVIA.PA) is 4.1 and the Price/Book (PB) ratio is 0.77.
Is the dividend of FORVIA sustainable?
The dividend rating of FORVIA (FRVIA.PA) is 0 / 10 and the dividend payout ratio is 0%.