KERING (KER.PA) Stock Fundamental Analysis
Europe - EPA:KER - FR0000121485 - Common Stock
298.525 EUR
-5.23 (-1.72%)
Taking everything into account, KER scores 3 out of 10 in our fundamental rating. KER was compared to 49 industry peers in the Textiles, Apparel & Luxury Goods industry. There are concerns on the financial health of KER while its profitability can be described as average. KER is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KER was profitable.
KER had a positive operating cash flow in the past year.
In the past 5 years KER has always been profitable.
Each year in the past 5 years KER had a positive operating cash flow.
1.2 Ratios
The Return On Assets of KER (1.72%) is worse than 63.27% of its industry peers.
KER has a worse Return On Equity (4.94%) than 65.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.65%, KER is doing worse than 73.47% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KER is in line with the industry average of 11.06%.
The 3 year average ROIC (10.05%) for KER is well above the current ROIC(3.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROIC | 3.65% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
1.3 Margins
KER's Profit Margin of 4.62% is in line compared to the rest of the industry. KER outperforms 42.86% of its industry peers.
In the last couple of years the Profit Margin of KER has declined.
Looking at the Operating Margin, with a value of 11.07%, KER is in the better half of the industry, outperforming 61.22% of the companies in the same industry.
KER's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 73.03%, KER is doing good in the industry, outperforming 77.55% of the companies in the same industry.
KER's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% |
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KER is still creating some value.
The number of shares outstanding for KER remains at a similar level compared to 1 year ago.
Compared to 5 years ago, KER has less shares outstanding
Compared to 1 year ago, KER has a worse debt to assets ratio.
2.2 Solvency
KER has an Altman-Z score of 1.89. This is not the best score and indicates that KER is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.89, KER is doing worse than 61.22% of the companies in the same industry.
KER has a debt to FCF ratio of 13.86. This is a negative value and a sign of low solvency as KER would need 13.86 years to pay back of all of its debts.
The Debt to FCF ratio of KER (13.86) is worse than 71.43% of its industry peers.
A Debt/Equity ratio of 1.12 is on the high side and indicates that KER has dependencies on debt financing.
KER has a Debt to Equity ratio of 1.12. This is in the lower half of the industry: KER underperforms 73.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.89 |
ROIC/WACC0.56
WACC6.58%
2.3 Liquidity
KER has a Current Ratio of 1.32. This is a normal value and indicates that KER is financially healthy and should not expect problems in meeting its short term obligations.
KER has a Current ratio of 1.32. This is in the lower half of the industry: KER underperforms 67.35% of its industry peers.
A Quick Ratio of 0.87 indicates that KER may have some problems paying its short term obligations.
With a Quick ratio value of 0.87, KER perfoms like the industry average, outperforming 53.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
KER shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.67%.
KER shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.03% yearly.
KER shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.56%.
KER shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.60% yearly.
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
3.2 Future
The Earnings Per Share is expected to grow by 21.59% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.54% on average over the next years.
EPS Next Y-44.77%
EPS Next 2Y-13.18%
EPS Next 3Y0.03%
EPS Next 5Y21.59%
Revenue Next Year-13.31%
Revenue Next 2Y-5.33%
Revenue Next 3Y-1.52%
Revenue Next 5Y2.54%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 41.99, the valuation of KER can be described as expensive.
KER's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.34, KER is valued quite expensively.
KER is valuated quite expensively with a Price/Forward Earnings ratio of 37.08.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KER is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, KER is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.99 | ||
| Fwd PE | 37.08 |
4.2 Price Multiples
69.39% of the companies in the same industry are cheaper than KER, based on the Enterprise Value to EBITDA ratio.
61.22% of the companies in the same industry are cheaper than KER, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.62 | ||
| EV/EBITDA | 13.27 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.18%
EPS Next 3Y0.03%
5. Dividend
5.1 Amount
KER has a Yearly Dividend Yield of 1.92%. Purely for dividend investing, there may be better candidates out there.
KER's Dividend Yield is comparable with the industry average which is at 3.09.
KER's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
The dividend of KER is nicely growing with an annual growth rate of 6.01%!
Dividend Growth(5Y)6.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
100.96% of the earnings are spent on dividend by KER. This is not a sustainable payout ratio.
The dividend of KER is growing, but earnings are growing more, so the dividend growth is sustainable.
DP100.96%
EPS Next 2Y-13.18%
EPS Next 3Y0.03%
EPA:KER (10/14/2025, 11:18:12 AM)
298.525
-5.23 (-1.72%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.75%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap36.84B
Analysts55.48
Price Target223.04 (-25.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend14
Dividend Growth(5Y)6.01%
DP100.96%
Div Incr Years0
Div Non Decr Years3
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)11.14%
PT rev (3m)13.48%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.17%
EPS NY rev (3m)-37.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-5.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.99 | ||
| Fwd PE | 37.08 | ||
| P/S | 2.34 | ||
| P/FCF | 26.62 | ||
| P/OCF | 9.87 | ||
| P/B | 2.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.27 |
EPS(TTM)7.11
EY2.38%
EPS(NY)8.05
Fwd EY2.7%
FCF(TTM)11.21
FCFY3.76%
OCF(TTM)30.25
OCFY10.13%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROCE | 5.15% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 8.4% | ||
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% | ||
| FCFM | 8.78% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
ROICexc(3y)11.71%
ROICexc(5y)13.25%
ROICexgc(3y)23.84%
ROICexgc(5y)27.41%
ROCE(3y)14.46%
ROCE(5y)15.94%
ROICexcg growth 3Y-34.7%
ROICexcg growth 5Y-22.91%
ROICexc growth 3Y-32.92%
ROICexc growth 5Y-21.33%
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
F-Score4
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 109.66% | ||
| Cap/Sales | 14.9% | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | 96.04% | ||
| Profit Quality | 189.85% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.89 |
F-Score4
WACC6.58%
ROIC/WACC0.56
Cap/Depr(3y)121.37%
Cap/Depr(5y)96.61%
Cap/Sales(3y)12.62%
Cap/Sales(5y)9.83%
Profit Quality(3y)91.35%
Profit Quality(5y)99.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
EPS Next Y-44.77%
EPS Next 2Y-13.18%
EPS Next 3Y0.03%
EPS Next 5Y21.59%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-13.31%
Revenue Next 2Y-5.33%
Revenue Next 3Y-1.52%
Revenue Next 5Y2.54%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year44.92%
EBIT Next 3Y20.68%
EBIT Next 5Y25.36%
FCF growth 1Y-25.75%
FCF growth 3Y-29.17%
FCF growth 5Y-3.26%
OCF growth 1Y-16.39%
OCF growth 3Y-1.14%
OCF growth 5Y12.54%