INTERPARFUMS INC (IPAR) Stock Fundamental Analysis
USA - NASDAQ:IPAR - US4583341098 - Common Stock
103.49 USD
-1.51 (-1.44%)
103.49 USD
0 (0%)
Taking everything into account, IPAR scores 6 out of 10 in our fundamental rating. IPAR was compared to 36 industry peers in the Personal Care Products industry. Both the health and profitability get an excellent rating, making IPAR a very profitable company, without any liquidiy or solvency issues. IPAR is not valued too expensively and it also shows a decent growth rate. These ratings would make IPAR suitable for quality investing!
1. Profitability
1.1 Basic Checks
IPAR had positive earnings in the past year.
IPAR had a positive operating cash flow in the past year.
IPAR had positive earnings in each of the past 5 years.
In the past 5 years IPAR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IPAR (10.31%) is better than 80.56% of its industry peers.
With an excellent Return On Equity value of 19.18%, IPAR belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
IPAR has a Return On Invested Capital of 16.62%. This is amongst the best in the industry. IPAR outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IPAR is above the industry average of 12.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 19.18% | ||
| ROIC | 16.62% |
ROA(3y)10.68%
ROA(5y)8.79%
ROE(3y)21.16%
ROE(5y)17.18%
ROIC(3y)17.76%
ROIC(5y)14.62%
1.3 Margins
IPAR has a Profit Margin of 11.03%. This is amongst the best in the industry. IPAR outperforms 91.67% of its industry peers.
In the last couple of years the Profit Margin of IPAR has grown nicely.
Looking at the Operating Margin, with a value of 19.21%, IPAR belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
In the last couple of years the Operating Margin of IPAR has grown nicely.
Looking at the Gross Margin, with a value of 56.34%, IPAR is in line with its industry, outperforming 44.44% of the companies in the same industry.
In the last couple of years the Gross Margin of IPAR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.21% | ||
| PM (TTM) | 11.03% | ||
| GM | 56.34% |
OM growth 3Y3.91%
OM growth 5Y5.52%
PM growth 3Y4.43%
PM growth 5Y6.05%
GM growth 3Y0.16%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so IPAR is creating value.
IPAR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, IPAR has more shares outstanding
Compared to 1 year ago, IPAR has an improved debt to assets ratio.
2.2 Solvency
IPAR has an Altman-Z score of 5.54. This indicates that IPAR is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.54, IPAR belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
The Debt to FCF ratio of IPAR is 1.61, which is an excellent value as it means it would take IPAR, only 1.61 years of fcf income to pay off all of its debts.
IPAR's Debt to FCF ratio of 1.61 is amongst the best of the industry. IPAR outperforms 86.11% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that IPAR is not too dependend on debt financing.
IPAR has a Debt to Equity ratio (0.24) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.61 | ||
| Altman-Z | 5.54 |
ROIC/WACC1.97
WACC8.43%
2.3 Liquidity
IPAR has a Current Ratio of 2.96. This indicates that IPAR is financially healthy and has no problem in meeting its short term obligations.
IPAR has a better Current ratio (2.96) than 72.22% of its industry peers.
A Quick Ratio of 1.69 indicates that IPAR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.69, IPAR is in the better half of the industry, outperforming 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
IPAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.63%, which is quite good.
Measured over the past years, IPAR shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.27% on average per year.
Looking at the last year, IPAR shows a small growth in Revenue. The Revenue has grown by 7.04% in the last year.
The Revenue has been growing by 15.27% on average over the past years. This is quite good.
EPS 1Y (TTM)16.63%
EPS 3Y22.78%
EPS 5Y22.27%
EPS Q2Q%-13.16%
Revenue 1Y (TTM)7.04%
Revenue growth 3Y18.2%
Revenue growth 5Y15.27%
Sales Q2Q%-2.42%
3.2 Future
The Earnings Per Share is expected to grow by 6.32% on average over the next years.
The Revenue is expected to grow by 4.43% on average over the next years.
EPS Next Y3.76%
EPS Next 2Y5.49%
EPS Next 3Y6.32%
EPS Next 5YN/A
Revenue Next Year2.09%
Revenue Next 2Y3.68%
Revenue Next 3Y4.43%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
IPAR is valuated rather expensively with a Price/Earnings ratio of 20.21.
IPAR's Price/Earnings ratio is a bit cheaper when compared to the industry. IPAR is cheaper than 69.44% of the companies in the same industry.
When comparing the Price/Earnings ratio of IPAR to the average of the S&P500 Index (27.20), we can say IPAR is valued slightly cheaper.
With a Price/Forward Earnings ratio of 17.82, IPAR is valued on the expensive side.
66.67% of the companies in the same industry are more expensive than IPAR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.70. IPAR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.21 | ||
| Fwd PE | 17.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IPAR is valued a bit cheaper than the industry average as 69.44% of the companies are valued more expensively.
77.78% of the companies in the same industry are more expensive than IPAR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.98 | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IPAR does not grow enough to justify the current Price/Earnings ratio.
IPAR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.38
PEG (5Y)0.91
EPS Next 2Y5.49%
EPS Next 3Y6.32%
5. Dividend
5.1 Amount
IPAR has a Yearly Dividend Yield of 2.95%.
The stock price of IPAR dropped by -21.75% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 5.51, IPAR pays a better dividend. On top of this IPAR pays more dividend than 83.33% of the companies listed in the same industry.
IPAR's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
On average, the dividend of IPAR grows each year by 22.18%, which is quite nice.
IPAR has been paying a dividend for at least 10 years, so it has a reliable track record.
IPAR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)22.18%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
61.79% of the earnings are spent on dividend by IPAR. This is not a sustainable payout ratio.
The dividend of IPAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.79%
EPS Next 2Y5.49%
EPS Next 3Y6.32%
103.49
-1.51 (-1.44%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)
Earnings (Next)
Inst Owners60.96%
Inst Owner Change2.15%
Ins Owners43.52%
Ins Owner Change-0.55%
Market Cap3.32B
Analysts84.44
Price Target166.6 (60.98%)
Short Float %5.87%
Short Ratio4.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Yearly Dividend3
Dividend Growth(5Y)22.18%
DP61.79%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.34%
Min EPS beat(2)-12.32%
Max EPS beat(2)15.01%
EPS beat(4)3
Avg EPS beat(4)3.64%
Min EPS beat(4)-12.32%
Max EPS beat(4)15.01%
EPS beat(8)5
Avg EPS beat(8)1.11%
EPS beat(12)9
Avg EPS beat(12)13.54%
EPS beat(16)13
Avg EPS beat(16)21.27%
Revenue beat(2)0
Avg Revenue beat(2)-2.32%
Min Revenue beat(2)-4.04%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-4.04%
Max Revenue beat(4)-0.59%
Revenue beat(8)1
Avg Revenue beat(8)-1.64%
Revenue beat(12)3
Avg Revenue beat(12)-0.37%
Revenue beat(16)5
Avg Revenue beat(16)-0.08%
PT rev (1m)-1.01%
PT rev (3m)-1.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.24%
EPS NY rev (1m)-1.48%
EPS NY rev (3m)-0.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)-1.63%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.21 | ||
| Fwd PE | 17.82 | ||
| P/S | 2.28 | ||
| P/FCF | 20.98 | ||
| P/OCF | 15.21 | ||
| P/B | 3.96 | ||
| P/tB | 6.57 | ||
| EV/EBITDA | 10.76 |
EPS(TTM)5.12
EY4.95%
EPS(NY)5.81
Fwd EY5.61%
FCF(TTM)4.93
FCFY4.77%
OCF(TTM)6.81
OCFY6.58%
SpS45.42
BVpS26.13
TBVpS15.75
PEG (NY)5.38
PEG (5Y)0.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.31% | ||
| ROE | 19.18% | ||
| ROCE | 22.81% | ||
| ROIC | 16.62% | ||
| ROICexc | 19.82% | ||
| ROICexgc | 28.81% | ||
| OM | 19.21% | ||
| PM (TTM) | 11.03% | ||
| GM | 56.34% | ||
| FCFM | 10.86% |
ROA(3y)10.68%
ROA(5y)8.79%
ROE(3y)21.16%
ROE(5y)17.18%
ROIC(3y)17.76%
ROIC(5y)14.62%
ROICexc(3y)22.72%
ROICexc(5y)19.96%
ROICexgc(3y)35.6%
ROICexgc(5y)32.29%
ROCE(3y)23.62%
ROCE(5y)19.43%
ROICexcg growth 3Y6.05%
ROICexcg growth 5Y-2.44%
ROICexc growth 3Y8.08%
ROICexc growth 5Y4.09%
OM growth 3Y3.91%
OM growth 5Y5.52%
PM growth 3Y4.43%
PM growth 5Y6.05%
GM growth 3Y0.16%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.61 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 210.07% | ||
| Cap/Sales | 4.12% | ||
| Interest Coverage | 44.75 | ||
| Cash Conversion | 70.78% | ||
| Profit Quality | 98.45% | ||
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 5.54 |
F-Score5
WACC8.43%
ROIC/WACC1.97
Cap/Depr(3y)438.01%
Cap/Depr(5y)567.12%
Cap/Sales(3y)5.93%
Cap/Sales(5y)7.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.63%
EPS 3Y22.78%
EPS 5Y22.27%
EPS Q2Q%-13.16%
EPS Next Y3.76%
EPS Next 2Y5.49%
EPS Next 3Y6.32%
EPS Next 5YN/A
Revenue 1Y (TTM)7.04%
Revenue growth 3Y18.2%
Revenue growth 5Y15.27%
Sales Q2Q%-2.42%
Revenue Next Year2.09%
Revenue Next 2Y3.68%
Revenue Next 3Y4.43%
Revenue Next 5YN/A
EBIT growth 1Y17.32%
EBIT growth 3Y22.82%
EBIT growth 5Y21.64%
EBIT Next Year11.55%
EBIT Next 3Y6.73%
EBIT Next 5YN/A
FCF growth 1Y246%
FCF growth 3YN/A
FCF growth 5Y20.52%
OCF growth 1Y45.26%
OCF growth 3Y16.2%
OCF growth 5Y19.66%