INTERCOS SPA (ICOS.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ICOS - IT0005455875 - Common Stock
12.34 EUR
0 (0%)
Overall ICOS gets a fundamental rating of 4 out of 10. We evaluated ICOS against 13 industry peers in the Personal Care Products industry. ICOS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
- In the past year ICOS had a positive cash flow from operations.
- ICOS had positive earnings in each of the past 5 years.
- ICOS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ICOS has a Return On Assets of 4.71%. This is in the lower half of the industry: ICOS underperforms 61.54% of its industry peers.
- Looking at the Return On Equity, with a value of 10.16%, ICOS is doing worse than 61.54% of the companies in the same industry.
- ICOS has a Return On Invested Capital (9.59%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ICOS is below the industry average of 11.91%.
- 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
- ICOS's Profit Margin of 4.34% is on the low side compared to the rest of the industry. ICOS is outperformed by 61.54% of its industry peers.
- ICOS's Profit Margin has declined in the last couple of years.
- ICOS has a worse Operating Margin (9.31%) than 61.54% of its industry peers.
- ICOS's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 19.84%, ICOS is not doing good in the industry: 92.31% of the companies in the same industry are doing better.
- 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.
- Compared to 1 year ago, ICOS has about the same amount of shares outstanding.
- 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
- An Altman-Z score of 3.47 indicates that ICOS is not in any danger for bankruptcy at the moment.
- ICOS's Altman-Z score of 3.47 is in line compared to the rest of the industry. ICOS outperforms 53.85% 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.
- With a Debt to FCF ratio value of 16.66, ICOS is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
- ICOS has a Debt/Equity ratio of 0.52. This is a neutral value indicating ICOS is somewhat dependend on debt financing.
- ICOS's Debt to Equity ratio of 0.52 is in line compared to the rest of the industry. ICOS outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 16.66 | ||
| Altman-Z | 3.47 |
ROIC/WACC1.4
WACC6.83%
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 76.92% of the companies in the same industry.
- ICOS has a Quick Ratio of 1.03. This is a normal value and indicates that ICOS is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of ICOS (1.03) is better than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 4.80% over the past year.
- The Earnings Per Share has been growing slightly by 1.57% on average over the past years.
- ICOS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.02%.
- 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
- The Earnings Per Share is expected to grow by 11.77% on average over the next years. This is quite good.
- ICOS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.83% yearly.
EPS Next Y4.11%
EPS Next 2Y11.37%
EPS Next 3Y11.77%
EPS Next 5YN/A
Revenue Next Year0.46%
Revenue Next 2Y2.88%
Revenue Next 3Y3.81%
Revenue Next 5Y4.83%
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 25.18, which means the current valuation is very expensive for ICOS.
- ICOS's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of ICOS to the average of the S&P500 Index (28.60), we can say ICOS is valued inline with the index average.
- The Price/Forward Earnings ratio is 15.71, which indicates a correct valuation of ICOS.
- Based on the Price/Forward Earnings ratio, ICOS is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. ICOS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.18 | ||
| Fwd PE | 15.71 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ICOS is valued a bit cheaper than 76.92% of the companies in the same industry.
- 84.62% of the companies in the same industry are cheaper than ICOS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 75.92 | ||
| EV/EBITDA | 8.42 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)6.13
PEG (5Y)16.03
EPS Next 2Y11.37%
EPS Next 3Y11.77%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.56%, ICOS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.23, ICOS has a dividend in line with its industry peers.
- ICOS's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 38.09% of the earnings are spent on dividend by ICOS. This is a low number and sustainable payout ratio.
DP38.09%
EPS Next 2Y11.37%
EPS Next 3Y11.77%
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 3 / 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 25.18 and the Price/Book (PB) ratio is 2.55.
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%.