MIKO (MIKO.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MIKO - BE0003731453 - Common Stock
58 EUR
0 (0%)
Overall MIKO gets a fundamental rating of 4 out of 10. We evaluated MIKO against 64 industry peers in the Food Products industry. MIKO has a bad profitability rating. Also its financial health evaluation is rather negative. MIKO may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- In the past year MIKO was profitable.
- MIKO had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: MIKO reported negative net income in multiple years.
- In the past 5 years MIKO always reported a positive cash flow from operatings.
1.2 Ratios
- MIKO has a worse Return On Assets (1.04%) than 65.63% of its industry peers.
- The Return On Equity of MIKO (2.80%) is worse than 65.63% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.26%, MIKO is doing worse than 62.50% of the companies in the same industry.
- MIKO had an Average Return On Invested Capital over the past 3 years of 2.43%. This is significantly below the industry average of 7.95%.
- The 3 year average ROIC (2.43%) for MIKO is below the current ROIC(3.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 2.8% | ||
| ROIC | 3.26% |
ROA(3y)-1.05%
ROA(5y)3.08%
ROE(3y)-2.67%
ROE(5y)5.97%
ROIC(3y)2.43%
ROIC(5y)1.9%
1.3 Margins
- With a Profit Margin value of 1.18%, MIKO is not doing good in the industry: 64.06% of the companies in the same industry are doing better.
- MIKO has a worse Operating Margin (3.31%) than 60.94% of its industry peers.
- MIKO's Operating Margin has declined in the last couple of years.
- MIKO has a better Gross Margin (52.64%) than 89.06% of its industry peers.
- MIKO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.31% | ||
| PM (TTM) | 1.18% | ||
| GM | 52.64% |
OM growth 3Y-6.79%
OM growth 5Y-7.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y2.32%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MIKO is destroying value.
- MIKO has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for MIKO remains at a similar level compared to 5 years ago.
- MIKO has a worse debt/assets ratio than last year.
2.2 Solvency
- MIKO has an Altman-Z score of 1.72. This is a bad value and indicates that MIKO is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of MIKO (1.72) is worse than 60.94% of its industry peers.
- The Debt to FCF ratio of MIKO is 12.96, which is on the high side as it means it would take MIKO, 12.96 years of fcf income to pay off all of its debts.
- MIKO's Debt to FCF ratio of 12.96 is in line compared to the rest of the industry. MIKO outperforms 40.63% of its industry peers.
- A Debt/Equity ratio of 0.56 indicates that MIKO is somewhat dependend on debt financing.
- The Debt to Equity ratio of MIKO (0.56) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 12.96 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.77
WACC4.25%
2.3 Liquidity
- A Current Ratio of 1.01 indicates that MIKO should not have too much problems paying its short term obligations.
- The Current ratio of MIKO (1.01) is worse than 67.19% of its industry peers.
- MIKO has a Quick Ratio of 1.01. This is a bad value and indicates that MIKO is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of MIKO (0.59) is worse than 67.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 131.92% over the past year.
- The Revenue has grown by 17.90% in the past year. This is quite good.
- MIKO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.29% yearly.
EPS 1Y (TTM)131.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125.53%
Revenue 1Y (TTM)17.9%
Revenue growth 3Y23.72%
Revenue growth 5Y4.29%
Sales Q2Q%12.51%
3.2 Future
- MIKO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.50% yearly.
- The Revenue is expected to grow by 4.14% on average over the next years.
EPS Next Y190.27%
EPS Next 2Y59.28%
EPS Next 3Y39.97%
EPS Next 5Y28.5%
Revenue Next Year9.75%
Revenue Next 2Y7.31%
Revenue Next 3Y6.54%
Revenue Next 5Y4.14%
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 20.86, the valuation of MIKO can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of MIKO is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 27.32. MIKO is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 11.19, the valuation of MIKO can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, MIKO is valued a bit cheaper than the industry average as 71.88% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, MIKO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.86 | ||
| Fwd PE | 11.19 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MIKO is valued cheaper than 90.63% of the companies in the same industry.
- MIKO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MIKO is cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.47 | ||
| EV/EBITDA | 4.15 |
4.3 Compensation for Growth
- MIKO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- MIKO's earnings are expected to grow with 39.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y59.28%
EPS Next 3Y39.97%
5. Dividend
5.1 Amount
- MIKO has a Yearly Dividend Yield of 2.19%. Purely for dividend investing, there may be better candidates out there.
- MIKO's Dividend Yield is comparable with the industry average which is at 2.42.
- MIKO's Dividend Yield is comparable with the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
- The dividend of MIKO decreases each year by -1.59%.
Dividend Growth(5Y)-1.59%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 70.17% of the earnings are spent on dividend by MIKO. This is not a sustainable payout ratio.
DP70.17%
EPS Next 2Y59.28%
EPS Next 3Y39.97%
MIKO / MIKO.BR FAQ
What is the ChartMill fundamental rating of MIKO (MIKO.BR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MIKO.BR.
Can you provide the valuation status for MIKO?
ChartMill assigns a valuation rating of 7 / 10 to MIKO (MIKO.BR). This can be considered as Undervalued.
Can you provide the profitability details for MIKO?
MIKO (MIKO.BR) has a profitability rating of 3 / 10.
What is the valuation of MIKO based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MIKO (MIKO.BR) is 20.86 and the Price/Book (PB) ratio is 0.58.
Can you provide the dividend sustainability for MIKO stock?
The dividend rating of MIKO (MIKO.BR) is 2 / 10 and the dividend payout ratio is 70.17%.