GPI SPA (GPI.MI) Stock Fundamental Analysis
BIT:GPI - Borsa Italiana Milan - IT0005221517 - Common Stock - Currency: EUR
Taking everything into account, GPI scores 5 out of 10 in our fundamental rating. GPI was compared to 12 industry peers in the Health Care Technology industry. There are concerns on the financial health of GPI while its profitability can be described as average. GPI has a correct valuation and a medium growth rate. Finally GPI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GPI had positive earnings in the past year.
GPI had a positive operating cash flow in the past year.
In the past 5 years GPI has always been profitable.
Each year in the past 5 years GPI had a positive operating cash flow.
1.2 Ratios
GPI's Return On Assets of 9.72% is fine compared to the rest of the industry. GPI outperforms 72.73% of its industry peers.
With an excellent Return On Equity value of 30.85%, GPI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With a Return On Invested Capital value of 3.31%, GPI perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GPI is below the industry average of 7.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.72% | ||
| ROE | 30.85% | ||
| ROIC | 3.31% |
ROA(3y)1.59%
ROA(5y)2.08%
ROE(3y)5.84%
ROE(5y)9.1%
ROIC(3y)4.55%
ROIC(5y)4.93%
1.3 Margins
GPI's Profit Margin of 19.88% is amongst the best of the industry. GPI outperforms 81.82% of its industry peers.
In the last couple of years the Profit Margin of GPI has declined.
Looking at the Operating Margin, with a value of 5.74%, GPI is in line with its industry, outperforming 45.45% of the companies in the same industry.
In the last couple of years the Operating Margin of GPI has remained more or less at the same level.
GPI's Gross Margin of 72.64% is in line compared to the rest of the industry. GPI outperforms 45.45% of its industry peers.
In the last couple of years the Gross Margin of GPI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.74% | ||
| PM (TTM) | 19.88% | ||
| GM | 72.64% |
OM growth 3Y-2.09%
OM growth 5Y0.29%
PM growth 3Y-27.64%
PM growth 5Y-18.02%
GM growth 3Y0.55%
GM growth 5Y-0.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GPI is destroying value.
The number of shares outstanding for GPI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, GPI has more shares outstanding
The debt/assets ratio for GPI is higher compared to a year ago.
2.2 Solvency
GPI has an Altman-Z score of 1.11. This is a bad value and indicates that GPI is not financially healthy and even has some risk of bankruptcy.
GPI has a worse Altman-Z score (1.11) than 72.73% of its industry peers.
GPI has a Debt/Equity ratio of 0.83. This is a neutral value indicating GPI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.83, GPI is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.11 |
ROIC/WACC0.66
WACC4.98%
2.3 Liquidity
A Current Ratio of 1.38 indicates that GPI should not have too much problems paying its short term obligations.
GPI has a Current ratio of 1.38. This is comparable to the rest of the industry: GPI outperforms 45.45% of its industry peers.
GPI has a Quick Ratio of 1.32. This is a normal value and indicates that GPI is financially healthy and should not expect problems in meeting its short term obligations.
GPI has a Quick ratio (1.32) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1578.95% over the past year.
The earnings per share for GPI have been decreasing by -16.21% on average. This is quite bad
Looking at the last year, GPI shows a very strong growth in Revenue. The Revenue has grown by 29.56%.
GPI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.04% yearly.
EPS 1Y (TTM)1578.95%
EPS 3Y-31.86%
EPS 5Y-16.21%
EPS Q2Q%7525%
Revenue 1Y (TTM)29.56%
Revenue growth 3Y16.53%
Revenue growth 5Y16.04%
Sales Q2Q%26.1%
3.2 Future
The Earnings Per Share is expected to grow by 11.00% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.64% on average over the next years.
EPS Next Y-26.18%
EPS Next 2Y-0.38%
EPS Next 3Y11%
EPS Next 5YN/A
Revenue Next Year15.98%
Revenue Next 2Y10.77%
Revenue Next 3Y7.64%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 2.99, the valuation of GPI can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GPI indicates a rather cheap valuation: GPI is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.47, GPI is valued rather cheaply.
A Price/Forward Earnings ratio of 12.73 indicates a correct valuation of GPI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GPI indicates a rather cheap valuation: GPI is cheaper than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.74, GPI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.99 | ||
| Fwd PE | 12.73 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than GPI, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.45 |
4.3 Compensation for Growth
GPI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.38%
EPS Next 3Y11%
5. Dividend
5.1 Amount
GPI has a Yearly Dividend Yield of 5.10%, which is a nice return.
GPI's Dividend Yield is rather good when compared to the industry average which is at 3.80. GPI pays more dividend than 90.91% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, GPI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
5.2 History
On average, the dividend of GPI grows each year by 10.77%, which is quite nice.
Dividend Growth(5Y)10.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GPI pays out 15.49% of its income as dividend. This is a sustainable payout ratio.
GPI's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP15.49%
EPS Next 2Y-0.38%
EPS Next 3Y11%
GPI SPA
BIT:GPI (2/5/2025, 9:06:52 AM)
9.55
-0.02 (-0.21%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)
Earnings (Next)
Inst Owners10.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap276.09M
Analysts83.33
Price Target16.9 (76.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend0.5
Dividend Growth(5Y)10.77%
DP15.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.53%
EPS NY rev (3m)-5.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.99 | ||
| Fwd PE | 12.73 | ||
| P/S | 0.59 | ||
| P/FCF | N/A | ||
| P/OCF | 10.94 | ||
| P/B | 0.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.45 |
EPS(TTM)3.19
EY33.4%
EPS(NY)0.75
Fwd EY7.86%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)0.87
OCFY9.14%
SpS16.09
BVpS10.37
TBVpS-2.94
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.72% | ||
| ROE | 30.85% | ||
| ROCE | 4.42% | ||
| ROIC | 3.31% | ||
| ROICexc | 3.87% | ||
| ROICexgc | 15.09% | ||
| OM | 5.74% | ||
| PM (TTM) | 19.88% | ||
| GM | 72.64% | ||
| FCFM | N/A |
ROA(3y)1.59%
ROA(5y)2.08%
ROE(3y)5.84%
ROE(5y)9.1%
ROIC(3y)4.55%
ROIC(5y)4.93%
ROICexc(3y)5.79%
ROICexc(5y)6.68%
ROICexgc(3y)17.75%
ROICexgc(5y)20.19%
ROCE(3y)6.06%
ROCE(5y)6.58%
ROICexcg growth 3Y-21.82%
ROICexcg growth 5Y-3.07%
ROICexc growth 3Y-21.16%
ROICexc growth 5Y-10.52%
OM growth 3Y-2.09%
OM growth 5Y0.29%
PM growth 3Y-27.64%
PM growth 5Y-18.02%
GM growth 3Y0.55%
GM growth 5Y-0.39%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.17 | ||
| Cap/Depr | 99.23% | ||
| Cap/Sales | 11.12% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 1.11 |
F-Score5
WACC4.98%
ROIC/WACC0.66
Cap/Depr(3y)99.47%
Cap/Depr(5y)89.33%
Cap/Sales(3y)8.56%
Cap/Sales(5y)7.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1578.95%
EPS 3Y-31.86%
EPS 5Y-16.21%
EPS Q2Q%7525%
EPS Next Y-26.18%
EPS Next 2Y-0.38%
EPS Next 3Y11%
EPS Next 5YN/A
Revenue 1Y (TTM)29.56%
Revenue growth 3Y16.53%
Revenue growth 5Y16.04%
Sales Q2Q%26.1%
Revenue Next Year15.98%
Revenue Next 2Y10.77%
Revenue Next 3Y7.64%
Revenue Next 5YN/A
EBIT growth 1Y36.22%
EBIT growth 3Y14.1%
EBIT growth 5Y16.37%
EBIT Next Year167.12%
EBIT Next 3Y44.53%
EBIT Next 5YN/A
FCF growth 1Y-230.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y86.44%
OCF growth 3Y23.25%
OCF growth 5Y7.47%