MONCLER SPA (MONC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:MONC - IT0004965148 - Common Stock
49.62 EUR
-0.06 (-0.12%)
MONC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 51 industry peers in the Textiles, Apparel & Luxury Goods industry. MONC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MONC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MONC was profitable.
- MONC had a positive operating cash flow in the past year.
- MONC had positive earnings in each of the past 5 years.
- In the past 5 years MONC always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of MONC (11.62%) is better than 78.43% of its industry peers.
- MONC has a better Return On Equity (17.83%) than 60.78% of its industry peers.
- MONC has a better Return On Invested Capital (14.30%) than 76.47% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MONC is above the industry average of 12.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.62% | ||
| ROE | 17.83% | ||
| ROIC | 14.3% |
ROA(3y)12.32%
ROA(5y)11.41%
ROE(3y)19.26%
ROE(5y)18.4%
ROIC(3y)14.95%
ROIC(5y)13.66%
1.3 Margins
- Looking at the Profit Margin, with a value of 20.57%, MONC belongs to the top of the industry, outperforming 96.08% of the companies in the same industry.
- MONC's Profit Margin has been stable in the last couple of years.
- The Operating Margin of MONC (29.47%) is better than 94.12% of its industry peers.
- In the last couple of years the Operating Margin of MONC has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 78.05%, MONC belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
- MONC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.47% | ||
| PM (TTM) | 20.57% | ||
| GM | 78.05% |
OM growth 3Y1.63%
OM growth 5Y-0.33%
PM growth 3Y2.27%
PM growth 5Y-1.37%
GM growth 3Y0.64%
GM growth 5Y0.08%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MONC is creating value.
- Compared to 1 year ago, MONC has about the same amount of shares outstanding.
- The number of shares outstanding for MONC has been increased compared to 5 years ago.
- The debt/assets ratio for MONC is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 6.55 indicates that MONC is not in any danger for bankruptcy at the moment.
- MONC has a better Altman-Z score (6.55) than 80.39% of its industry peers.
- MONC has a debt to FCF ratio of 1.21. This is a very positive value and a sign of high solvency as it would only need 1.21 years to pay back of all of its debts.
- MONC has a Debt to FCF ratio of 1.21. This is amongst the best in the industry. MONC outperforms 86.27% of its industry peers.
- A Debt/Equity ratio of 0.22 indicates that MONC is not too dependend on debt financing.
- MONC's Debt to Equity ratio of 0.22 is fine compared to the rest of the industry. MONC outperforms 74.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.21 | ||
| Altman-Z | 6.55 |
ROIC/WACC1.81
WACC7.9%
2.3 Liquidity
- A Current Ratio of 2.16 indicates that MONC has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.16, MONC is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- A Quick Ratio of 1.70 indicates that MONC should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.70, MONC is doing good in the industry, outperforming 78.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
- MONC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.27%.
- The Earnings Per Share has been growing by 10.73% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 0.87% in the past year.
- MONC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.82% yearly.
EPS 1Y (TTM)-5.27%
EPS 3Y17.16%
EPS 5Y10.73%
EPS Q2Q%-15.37%
Revenue 1Y (TTM)0.87%
Revenue growth 3Y14.96%
Revenue growth 5Y13.82%
Sales Q2Q%-3.76%
3.2 Future
- MONC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.01% yearly.
- Based on estimates for the next years, MONC will show a small growth in Revenue. The Revenue will grow by 6.56% on average per year.
EPS Next Y-2.35%
EPS Next 2Y1.77%
EPS Next 3Y4.37%
EPS Next 5Y9.01%
Revenue Next Year0.91%
Revenue Next 2Y2.79%
Revenue Next 3Y4.47%
Revenue Next 5Y6.56%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- 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
- The Price/Earnings ratio is 21.96, which indicates a rather expensive current valuation of MONC.
- MONC's Price/Earnings ratio is a bit cheaper when compared to the industry. MONC is cheaper than 68.63% of the companies in the same industry.
- MONC's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- The Price/Forward Earnings ratio is 21.00, which indicates a rather expensive current valuation of MONC.
- Based on the Price/Forward Earnings ratio, MONC is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
- MONC is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.96 | ||
| Fwd PE | 21 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as MONC.
- Based on the Price/Free Cash Flow ratio, MONC is valued a bit cheaper than the industry average as 72.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.17 | ||
| EV/EBITDA | 10.71 |
4.3 Compensation for Growth
- The decent profitability rating of MONC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.05
EPS Next 2Y1.77%
EPS Next 3Y4.37%
5. Dividend
5.1 Amount
- MONC has a Yearly Dividend Yield of 2.53%.
- Compared to an average industry Dividend Yield of 1.98, MONC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, MONC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
- On average, the dividend of MONC grows each year by 32.60%, which is quite nice.
Dividend Growth(5Y)32.6%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MONC pays out 48.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of MONC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.63%
EPS Next 2Y1.77%
EPS Next 3Y4.37%
MONCLER SPA / MONC.MI FAQ
Can you provide the ChartMill fundamental rating for MONCLER SPA?
ChartMill assigns a fundamental rating of 6 / 10 to MONC.MI.
Can you provide the valuation status for MONCLER SPA?
ChartMill assigns a valuation rating of 4 / 10 to MONCLER SPA (MONC.MI). This can be considered as Fairly Valued.
What is the profitability of MONC stock?
MONCLER SPA (MONC.MI) has a profitability rating of 7 / 10.
What is the financial health of MONCLER SPA (MONC.MI) stock?
The financial health rating of MONCLER SPA (MONC.MI) is 7 / 10.
What is the earnings growth outlook for MONCLER SPA?
The Earnings per Share (EPS) of MONCLER SPA (MONC.MI) is expected to decline by -2.35% in the next year.