ION BEAM APPLICATIONS (IBAB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:IBAB - BE0003766806 - Common Stock
15.44 EUR
+0.28 (+1.85%)
Taking everything into account, IBAB scores 4 out of 10 in our fundamental rating. IBAB was compared to 63 industry peers in the Health Care Equipment & Supplies industry. There are concerns on the financial health of IBAB while its profitability can be described as average. IBAB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year IBAB was profitable.
- IBAB had a positive operating cash flow in the past year.
- Of the past 5 years IBAB 4 years were profitable.
- The reported operating cash flow has been mixed in the past 5 years: IBAB reported negative operating cash flow in multiple years.
1.2 Ratios
- IBAB has a Return On Assets (2.71%) which is comparable to the rest of the industry.
- With an excellent Return On Equity value of 14.29%, IBAB belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 15.54%, IBAB belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for IBAB is below the industry average of 9.95%.
- The last Return On Invested Capital (15.54%) for IBAB is above the 3 year average (6.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 14.29% | ||
| ROIC | 15.54% |
ROA(3y)0.32%
ROA(5y)1.58%
ROE(3y)1.66%
ROE(5y)6.12%
ROIC(3y)6.2%
ROIC(5y)6.71%
1.3 Margins
- IBAB has a Profit Margin (2.85%) which is comparable to the rest of the industry.
- IBAB's Profit Margin has declined in the last couple of years.
- IBAB's Operating Margin of 6.48% is in line compared to the rest of the industry. IBAB outperforms 44.44% of its industry peers.
- In the last couple of years the Operating Margin of IBAB has grown nicely.
- The Gross Margin of IBAB (31.21%) is worse than 84.13% of its industry peers.
- IBAB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.48% | ||
| PM (TTM) | 2.85% | ||
| GM | 31.21% |
OM growth 3Y8.91%
OM growth 5Y47.94%
PM growth 3Y14.44%
PM growth 5Y-7.16%
GM growth 3Y-1.07%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IBAB is creating value.
- Compared to 1 year ago, IBAB has more shares outstanding
- Compared to 5 years ago, IBAB has less shares outstanding
- The debt/assets ratio for IBAB is higher compared to a year ago.
2.2 Solvency
- IBAB has an Altman-Z score of 1.76. This is a bad value and indicates that IBAB is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 1.76, IBAB is not doing good in the industry: 63.49% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 0.23 indicates that IBAB is not too dependend on debt financing.
- IBAB's Debt to Equity ratio of 0.23 is fine compared to the rest of the industry. IBAB outperforms 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.76 |
ROIC/WACC2.09
WACC7.45%
2.3 Liquidity
- IBAB has a Current Ratio of 0.94. This is a bad value and indicates that IBAB is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of IBAB (0.94) is worse than 82.54% of its industry peers.
- A Quick Ratio of 0.62 indicates that IBAB may have some problems paying its short term obligations.
- IBAB's Quick ratio of 0.62 is on the low side compared to the rest of the industry. IBAB is outperformed by 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
- IBAB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 112.86%, which is quite impressive.
- The Earnings Per Share has been growing slightly by 3.99% on average over the past years.
- Looking at the last year, IBAB shows a quite strong growth in Revenue. The Revenue has grown by 15.96% in the last year.
- The Revenue has been growing by 12.01% on average over the past years. This is quite good.
EPS 1Y (TTM)112.86%
EPS 3Y33.53%
EPS 5Y3.99%
EPS Q2Q%75.35%
Revenue 1Y (TTM)15.96%
Revenue growth 3Y16.76%
Revenue growth 5Y12.01%
Sales Q2Q%47.7%
3.2 Future
- The Earnings Per Share is expected to grow by 58.72% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 2.63% on average over the next years.
EPS Next Y141.9%
EPS Next 2Y109.12%
EPS Next 3Y67.72%
EPS Next 5Y58.72%
Revenue Next Year23.68%
Revenue Next 2Y13.14%
Revenue Next 3Y10.36%
Revenue Next 5Y2.63%
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
- IBAB is valuated quite expensively with a Price/Earnings ratio of 27.09.
- Based on the Price/Earnings ratio, IBAB is valued a bit cheaper than 68.25% of the companies in the same industry.
- When comparing the Price/Earnings ratio of IBAB to the average of the S&P500 Index (28.82), we can say IBAB is valued inline with the index average.
- With a Price/Forward Earnings ratio of 14.63, IBAB is valued correctly.
- IBAB's Price/Forward Earnings ratio is rather cheap when compared to the industry. IBAB is cheaper than 80.95% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of IBAB to the average of the S&P500 Index (25.95), we can say IBAB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.09 | ||
| Fwd PE | 14.63 |
4.2 Price Multiples
- IBAB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IBAB is cheaper than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.11 |
4.3 Compensation for Growth
- IBAB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- IBAB's earnings are expected to grow with 67.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)6.8
EPS Next 2Y109.12%
EPS Next 3Y67.72%
5. Dividend
5.1 Amount
- IBAB has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.96, IBAB pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, IBAB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 8.05% of the earnings are spent on dividend by IBAB. This is a low number and sustainable payout ratio.
DP8.05%
EPS Next 2Y109.12%
EPS Next 3Y67.72%
ION BEAM APPLICATIONS / IBAB.BR FAQ
Can you provide the ChartMill fundamental rating for ION BEAM APPLICATIONS?
ChartMill assigns a fundamental rating of 4 / 10 to IBAB.BR.
What is the valuation status of ION BEAM APPLICATIONS (IBAB.BR) stock?
ChartMill assigns a valuation rating of 5 / 10 to ION BEAM APPLICATIONS (IBAB.BR). This can be considered as Fairly Valued.
How profitable is ION BEAM APPLICATIONS (IBAB.BR) stock?
ION BEAM APPLICATIONS (IBAB.BR) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for IBAB stock?
The Price/Earnings (PE) ratio for ION BEAM APPLICATIONS (IBAB.BR) is 27.09 and the Price/Book (PB) ratio is 3.93.
Can you provide the dividend sustainability for IBAB stock?
The dividend rating of ION BEAM APPLICATIONS (IBAB.BR) is 3 / 10 and the dividend payout ratio is 8.05%.