INTERCOS SPA (ICOS.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ICOS - IT0005455875 - Common Stock
12.44 EUR
-0.16 (-1.27%)
ICOS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 12 industry peers in the Personal Care Products industry. ICOS has an average financial health and profitability rating. While showing a medium growth rate, ICOS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year ICOS was profitable.
- ICOS had a positive operating cash flow in the past year.
- Each year in the past 5 years ICOS has been profitable.
- In the past 5 years ICOS always reported a positive cash flow from operatings.
1.2 Ratios
- ICOS's Return On Assets of 4.71% is in line compared to the rest of the industry. ICOS outperforms 41.67% of its industry peers.
- ICOS has a Return On Equity (10.16%) which is in line with its industry peers.
- ICOS's Return On Invested Capital of 9.59% is in line compared to the rest of the industry. ICOS outperforms 50.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ICOS is below the industry average of 12.19%.
- The 3 year average ROIC (9.32%) for ICOS is below the current ROIC(9.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 10.16% | ||
| ROIC | 9.59% |
ROA(3y)4.84%
ROA(5y)4.37%
ROE(3y)10.88%
ROE(5y)10.92%
ROIC(3y)9.32%
ROIC(5y)8.1%
1.3 Margins
- With a Profit Margin value of 4.34%, ICOS perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
- In the last couple of years the Profit Margin of ICOS has declined.
- Looking at the Operating Margin, with a value of 9.31%, ICOS is in line with its industry, outperforming 41.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of ICOS has declined.
- Looking at the Gross Margin, with a value of 19.84%, ICOS is doing worse than 91.67% of the companies in the same industry.
- In the last couple of years the Gross Margin of ICOS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.31% | ||
| PM (TTM) | 4.34% | ||
| GM | 19.84% |
OM growth 3Y-0.98%
OM growth 5Y-5.21%
PM growth 3Y4.42%
PM growth 5Y-5.47%
GM growth 3Y-3.29%
GM growth 5Y-3.96%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ICOS is creating some value.
- The number of shares outstanding for ICOS remains at a similar level compared to 1 year ago.
- The number of shares outstanding for ICOS has been increased compared to 5 years ago.
- Compared to 1 year ago, ICOS has a worse debt to assets ratio.
2.2 Solvency
- ICOS has an Altman-Z score of 3.50. This indicates that ICOS is financially healthy and has little risk of bankruptcy at the moment.
- ICOS's Altman-Z score of 3.50 is in line compared to the rest of the industry. ICOS outperforms 50.00% of its industry peers.
- ICOS has a debt to FCF ratio of 16.66. This is a negative value and a sign of low solvency as ICOS would need 16.66 years to pay back of all of its debts.
- ICOS's Debt to FCF ratio of 16.66 is on the low side compared to the rest of the industry. ICOS is outperformed by 83.33% of its industry peers.
- ICOS has a Debt/Equity ratio of 0.52. This is a neutral value indicating ICOS is somewhat dependend on debt financing.
- ICOS has a Debt to Equity ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 16.66 | ||
| Altman-Z | 3.5 |
ROIC/WACC1.4
WACC6.84%
2.3 Liquidity
- ICOS has a Current Ratio of 1.67. This is a normal value and indicates that ICOS is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.67, ICOS is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- A Quick Ratio of 1.03 indicates that ICOS should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.03, ICOS is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- ICOS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.80%.
- Measured over the past 5 years, ICOS shows a small growth in Earnings Per Share. The EPS has been growing by 1.57% on average per year.
- The Revenue has grown by 9.02% in the past year. This is quite good.
- ICOS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.36% yearly.
EPS 1Y (TTM)4.8%
EPS 3Y20.17%
EPS 5Y1.57%
EPS Q2Q%-6.97%
Revenue 1Y (TTM)9.02%
Revenue growth 3Y16.49%
Revenue growth 5Y8.36%
Sales Q2Q%5%
3.2 Future
- Based on estimates for the next years, ICOS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.94% on average per year.
- The Revenue is expected to grow by 4.83% on average over the next years.
EPS Next Y4.26%
EPS Next 2Y11.46%
EPS Next 3Y11.94%
EPS Next 5YN/A
Revenue Next Year0.46%
Revenue Next 2Y2.88%
Revenue Next 3Y3.81%
Revenue Next 5Y4.83%
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 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 25.39, which means the current valuation is very expensive for ICOS.
- ICOS's Price/Earnings is on the same level as the industry average.
- ICOS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 15.81, ICOS is valued correctly.
- Based on the Price/Forward Earnings ratio, ICOS is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- ICOS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.39 | ||
| Fwd PE | 15.81 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ICOS is valued a bit cheaper than 75.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ICOS indicates a slightly more expensive valuation: ICOS is more expensive than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.53 | ||
| EV/EBITDA | 8.59 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ICOS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.97
PEG (5Y)16.16
EPS Next 2Y11.46%
EPS Next 3Y11.94%
5. Dividend
5.1 Amount
- ICOS has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.05, ICOS has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, ICOS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- ICOS pays out 38.09% of its income as dividend. This is a sustainable payout ratio.
DP38.09%
EPS Next 2Y11.46%
EPS Next 3Y11.94%
INTERCOS SPA / ICOS.MI FAQ
What is the ChartMill fundamental rating of INTERCOS SPA (ICOS.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ICOS.MI.
What is the valuation status for ICOS stock?
ChartMill assigns a valuation rating of 3 / 10 to INTERCOS SPA (ICOS.MI). This can be considered as Overvalued.
How profitable is INTERCOS SPA (ICOS.MI) stock?
INTERCOS SPA (ICOS.MI) has a profitability rating of 4 / 10.
What is the valuation of INTERCOS SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INTERCOS SPA (ICOS.MI) is 25.39 and the Price/Book (PB) ratio is 2.57.
How sustainable is the dividend of INTERCOS SPA (ICOS.MI) stock?
The dividend rating of INTERCOS SPA (ICOS.MI) is 3 / 10 and the dividend payout ratio is 38.09%.