KERING (KER.PA) Stock Fundamental Analysis
Europe - EPA:KER - FR0000121485 - Common Stock
241.3 EUR
+2.15 (+0.9%)
KER gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 47 industry peers in the Textiles, Apparel & Luxury Goods industry. KER has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year KER had a positive cash flow from operations.
In the past 5 years KER has always been profitable.
In the past 5 years KER always reported a positive cash flow from operatings.
1.2 Ratios
KER has a Return On Assets of 1.72%. This is in the lower half of the industry: KER underperforms 65.96% of its industry peers.
KER has a Return On Equity of 4.94%. This is in the lower half of the industry: KER underperforms 65.96% of its industry peers.
The Return On Invested Capital of KER (3.65%) is worse than 65.96% of its industry peers.
KER had an Average Return On Invested Capital over the past 3 years of 10.05%. This 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
With a Profit Margin value of 4.62%, KER is not doing good in the industry: 61.70% of the companies in the same industry are doing better.
KER's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 11.07%, KER perfoms like the industry average, outperforming 59.57% of the companies in the same industry.
KER's Operating Margin has declined in the last couple of years.
KER's Gross Margin of 73.03% is amongst the best of the industry. KER outperforms 80.85% of its industry peers.
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.
Compared to 1 year ago, KER has about the same amount of shares outstanding.
KER has less shares outstanding than it did 5 years ago.
The debt/assets ratio for KER is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that KER is in the distress zone and has some risk of bankruptcy.
KER has a Altman-Z score of 1.72. This is in the lower half of the industry: KER underperforms 68.09% of its industry peers.
The Debt to FCF ratio of KER is 13.86, which is on the high side as it means it would take KER, 13.86 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 13.86, KER is not doing good in the industry: 74.47% of the companies in the same industry are doing better.
KER has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
KER has a worse Debt to Equity ratio (1.12) than 74.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.53
WACC6.94%
2.3 Liquidity
A Current Ratio of 1.32 indicates that KER should not have too much problems paying its short term obligations.
The Current ratio of KER (1.32) is worse than 72.34% of its industry peers.
KER has a Quick Ratio of 1.32. This is a bad value and indicates that KER is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of KER (0.87) is comparable to the rest of the 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%.
The earnings per share for KER have been decreasing by -16.03% on average. This is quite bad
Looking at the last year, KER shows a very negative growth in Revenue. The Revenue has decreased by -14.56% in the last year.
Measured over the past years, KER shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
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
KER is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.86% yearly.
Based on estimates for the next years, KER will show a small growth in Revenue. The Revenue will grow by 2.79% on average per year.
EPS Next Y-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.86%
Revenue Next Year-13.13%
Revenue Next 2Y-4.91%
Revenue Next 3Y-1.19%
Revenue Next 5Y2.79%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 33.94 indicates a quite expensive valuation of KER.
KER's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of KER to the average of the S&P500 Index (27.30), we can say KER is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 30.54, the valuation of KER can be described as expensive.
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 22.73, KER is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.94 | ||
| Fwd PE | 30.54 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KER.
KER's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.52 | ||
| EV/EBITDA | 11.28 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.51%, KER has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.99, KER pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, KER has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
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-13.99%
EPS Next 3Y-0.77%
EPA:KER (9/12/2025, 7:00:00 PM)
241.3
+2.15 (+0.9%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.73%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap29.78B
Analysts52.9
Price Target206.63 (-14.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
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)3.96%
PT rev (3m)4.72%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-38.24%
EPS NY rev (3m)-38.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.47%
Revenue NY rev (3m)-5.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.94 | ||
| Fwd PE | 30.54 | ||
| P/S | 1.89 | ||
| P/FCF | 21.52 | ||
| P/OCF | 7.98 | ||
| P/B | 2.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.28 |
EPS(TTM)7.11
EY2.95%
EPS(NY)7.9
Fwd EY3.27%
FCF(TTM)11.21
FCFY4.65%
OCF(TTM)30.25
OCFY12.53%
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 | 1.72 |
F-Score4
WACC6.94%
ROIC/WACC0.53
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-45.4%
EPS Next 2Y-13.99%
EPS Next 3Y-0.77%
EPS Next 5Y20.86%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-13.13%
Revenue Next 2Y-4.91%
Revenue Next 3Y-1.19%
Revenue Next 5Y2.79%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year50.68%
EBIT Next 3Y22.84%
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%