LVMH MOET HENNESSY LOUIS VUI (MOH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MOH - FR0000121014 - Common Stock
591.2 EUR
-4.3 (-0.72%)
Taking everything into account, MOH scores 5 out of 10 in our fundamental rating. MOH was compared to 52 industry peers in the Textiles, Apparel & Luxury Goods industry. MOH has an excellent profitability rating, but there are some minor concerns on its financial health. MOH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- MOH had positive earnings in the past year.
- In the past year MOH had a positive cash flow from operations.
- MOH had positive earnings in each of the past 5 years.
- In the past 5 years MOH always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.76%, MOH is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
- MOH has a Return On Equity (16.82%) which is in line with its industry peers.
- The Return On Invested Capital of MOH (11.02%) is better than 62.75% of its industry peers.
- MOH had an Average Return On Invested Capital over the past 3 years of 13.10%. This is in line with the industry average of 11.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.76% | ||
| ROE | 16.82% | ||
| ROIC | 11.02% |
ROA(3y)9.81%
ROA(5y)8.67%
ROE(3y)23%
ROE(5y)21.42%
ROIC(3y)13.1%
ROIC(5y)11.61%
1.3 Margins
- MOH has a Profit Margin of 13.26%. This is in the better half of the industry: MOH outperforms 70.59% of its industry peers.
- MOH's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 21.63%, MOH is doing good in the industry, outperforming 78.43% of the companies in the same industry.
- MOH's Operating Margin has improved in the last couple of years.
- The Gross Margin of MOH (66.03%) is better than 62.75% of its industry peers.
- MOH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.63% | ||
| PM (TTM) | 13.26% | ||
| GM | 66.03% |
OM growth 3Y-4.64%
OM growth 5Y1.76%
PM growth 3Y-7.53%
PM growth 5Y2.09%
GM growth 3Y-0.62%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
- MOH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, MOH has about the same amount of shares outstanding.
- The number of shares outstanding for MOH has been reduced compared to 5 years ago.
- The debt/assets ratio for MOH is higher compared to a year ago.
2.2 Solvency
- MOH has an Altman-Z score of 4.09. This indicates that MOH is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of MOH (4.09) is better than 70.59% of its industry peers.
- MOH has a debt to FCF ratio of 2.72. This is a good value and a sign of high solvency as MOH would need 2.72 years to pay back of all of its debts.
- MOH's Debt to FCF ratio of 2.72 is fine compared to the rest of the industry. MOH outperforms 70.59% of its industry peers.
- MOH has a Debt/Equity ratio of 0.51. This is a neutral value indicating MOH is somewhat dependend on debt financing.
- MOH has a Debt to Equity ratio (0.51) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 2.72 | ||
| Altman-Z | 4.09 |
ROIC/WACC1.49
WACC7.41%
2.3 Liquidity
- A Current Ratio of 1.48 indicates that MOH should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.48, MOH is in line with its industry, outperforming 41.18% of the companies in the same industry.
- MOH has a Quick Ratio of 1.48. This is a bad value and indicates that MOH is not financially healthy enough and could expect problems in meeting its short term obligations.
- MOH's Quick ratio of 0.72 is on the low side compared to the rest of the industry. MOH is outperformed by 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
- MOH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.26%.
- Measured over the past years, MOH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.04% on average per year.
- The Revenue has decreased by -3.24% in the past year.
- Measured over the past years, MOH shows a quite strong growth in Revenue. The Revenue has been growing by 9.55% on average per year.
EPS 1Y (TTM)-21.26%
EPS 3Y1.69%
EPS 5Y12.04%
EPS Q2Q%-21.46%
Revenue 1Y (TTM)-3.24%
Revenue growth 3Y9.66%
Revenue growth 5Y9.55%
Sales Q2Q%-4.48%
3.2 Future
- Based on estimates for the next years, MOH will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.58% on average per year.
- MOH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.48% yearly.
EPS Next Y-11.72%
EPS Next 2Y-0.84%
EPS Next 3Y4.14%
EPS Next 5Y10.58%
Revenue Next Year-4.67%
Revenue Next 2Y-0.89%
Revenue Next 3Y1.44%
Revenue Next 5Y3.48%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- MOH is valuated quite expensively with a Price/Earnings ratio of 26.87.
- MOH's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, MOH is valued at the same level.
- Based on the Price/Forward Earnings ratio of 23.94, the valuation of MOH can be described as rather expensive.
- MOH's Price/Forward Earnings is on the same level as the industry average.
- MOH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.87 | ||
| Fwd PE | 23.94 |
4.2 Price Multiples
- MOH's Enterprise Value to EBITDA ratio is in line with the industry average.
- MOH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.44 | ||
| EV/EBITDA | 11.95 |
4.3 Compensation for Growth
- The decent profitability rating of MOH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.23
EPS Next 2Y-0.84%
EPS Next 3Y4.14%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.18%, MOH has a reasonable but not impressive dividend return.
- MOH's Dividend Yield is a higher than the industry average which is at 1.99.
- MOH's Dividend Yield is a higher than the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
5.2 History
- On average, the dividend of MOH grows each year by 15.93%, which is quite nice.
Dividend Growth(5Y)15.93%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- MOH pays out 61.30% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of MOH is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.3%
EPS Next 2Y-0.84%
EPS Next 3Y4.14%
LVMH MOET HENNESSY LOUIS VUI / MOH.DE FAQ
Can you provide the ChartMill fundamental rating for LVMH MOET HENNESSY LOUIS VUI?
ChartMill assigns a fundamental rating of 5 / 10 to MOH.DE.
What is the valuation status of LVMH MOET HENNESSY LOUIS VUI (MOH.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to LVMH MOET HENNESSY LOUIS VUI (MOH.DE). This can be considered as Overvalued.
How profitable is LVMH MOET HENNESSY LOUIS VUI (MOH.DE) stock?
LVMH MOET HENNESSY LOUIS VUI (MOH.DE) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for MOH stock?
The Price/Earnings (PE) ratio for LVMH MOET HENNESSY LOUIS VUI (MOH.DE) is 26.87 and the Price/Book (PB) ratio is 4.51.
Can you provide the dividend sustainability for MOH stock?
The dividend rating of LVMH MOET HENNESSY LOUIS VUI (MOH.DE) is 3 / 10 and the dividend payout ratio is 61.3%.