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MOURY CONSTRUCT S.A. (MOUR.BR) Stock Fundamental Analysis

EBR:MOUR - Euronext Brussels - BE0003602134 - Common Stock - Currency: EUR

626  +12 (+1.95%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to MOUR. MOUR was compared to 45 industry peers in the Construction & Engineering industry. MOUR gets an excellent profitability rating and is at the same time showing great financial health properties. MOUR is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year MOUR was profitable.
MOUR had a positive operating cash flow in the past year.
In the past 5 years MOUR has always been profitable.
In the past 5 years MOUR always reported a positive cash flow from operatings.
MOUR.BR Yearly Net Income VS EBIT VS OCF VS FCFMOUR.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M

1.2 Ratios

MOUR has a Return On Assets of 11.79%. This is amongst the best in the industry. MOUR outperforms 91.11% of its industry peers.
MOUR's Return On Equity of 19.58% is fine compared to the rest of the industry. MOUR outperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.24%, MOUR is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MOUR is significantly above the industry average of 11.01%.
Industry RankSector Rank
ROA 11.79%
ROE 19.58%
ROIC 15.24%
ROA(3y)11.97%
ROA(5y)10.68%
ROE(3y)21.19%
ROE(5y)19.53%
ROIC(3y)17.24%
ROIC(5y)15.61%
MOUR.BR Yearly ROA, ROE, ROICMOUR.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

Looking at the Profit Margin, with a value of 13.11%, MOUR belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
MOUR's Profit Margin has improved in the last couple of years.
MOUR has a better Operating Margin (15.54%) than 88.89% of its industry peers.
MOUR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 27.51%, MOUR is doing worse than 68.89% of the companies in the same industry.
In the last couple of years the Gross Margin of MOUR has grown nicely.
Industry RankSector Rank
OM 15.54%
PM (TTM) 13.11%
GM 27.51%
OM growth 3Y7.31%
OM growth 5Y21%
PM growth 3Y10.76%
PM growth 5Y22.54%
GM growth 3Y3.8%
GM growth 5Y9.81%
MOUR.BR Yearly Profit, Operating, Gross MarginsMOUR.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

9

2. Health

2.1 Basic Checks

MOUR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MOUR remains at a similar level compared to 1 year ago.
The number of shares outstanding for MOUR remains at a similar level compared to 5 years ago.
The debt/assets ratio for MOUR has been reduced compared to a year ago.
MOUR.BR Yearly Shares OutstandingMOUR.BR Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100K 200K 300K
MOUR.BR Yearly Total Debt VS Total AssetsMOUR.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

An Altman-Z score of 4.43 indicates that MOUR is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.43, MOUR belongs to the best of the industry, outperforming 95.56% of the companies in the same industry.
MOUR has a debt to FCF ratio of 0.11. This is a very positive value and a sign of high solvency as it would only need 0.11 years to pay back of all of its debts.
The Debt to FCF ratio of MOUR (0.11) is better than 100.00% of its industry peers.
MOUR has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
MOUR's Debt to Equity ratio of 0.01 is amongst the best of the industry. MOUR outperforms 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.11
Altman-Z 4.43
ROIC/WACC1.97
WACC7.74%
MOUR.BR Yearly LT Debt VS Equity VS FCFMOUR.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M 100M

2.3 Liquidity

MOUR has a Current Ratio of 2.58. This indicates that MOUR is financially healthy and has no problem in meeting its short term obligations.
MOUR has a better Current ratio (2.58) than 100.00% of its industry peers.
A Quick Ratio of 2.12 indicates that MOUR has no problem at all paying its short term obligations.
MOUR has a better Quick ratio (2.12) than 97.78% of its industry peers.
Industry RankSector Rank
Current Ratio 2.58
Quick Ratio 2.12
MOUR.BR Yearly Current Assets VS Current LiabilitesMOUR.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

3

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 0.26% over the past year.
MOUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.32% yearly.
MOUR shows a decrease in Revenue. In the last year, the revenue decreased by -3.96%.
MOUR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.00% yearly.
EPS 1Y (TTM)0.26%
EPS 3Y23.15%
EPS 5Y32.32%
EPS Q2Q%-16.07%
Revenue 1Y (TTM)-3.96%
Revenue growth 3Y11.39%
Revenue growth 5Y8%
Sales Q2Q%-11.88%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MOUR.BR Yearly Revenue VS EstimatesMOUR.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 10.15, which indicates a very decent valuation of MOUR.
MOUR's Price/Earnings ratio is a bit cheaper when compared to the industry. MOUR is cheaper than 80.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of MOUR to the average of the S&P500 Index (27.30), we can say MOUR is valued rather cheaply.
Industry RankSector Rank
PE 10.15
Fwd PE N/A
MOUR.BR Price Earnings VS Forward Price EarningsMOUR.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MOUR is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
MOUR's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 13.18
EV/EBITDA 3.41
MOUR.BR Per share dataMOUR.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400

4.3 Compensation for Growth

The excellent profitability rating of MOUR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2YN/A
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

MOUR has a Yearly Dividend Yield of 1.50%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.68, MOUR has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.37, MOUR is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.5%

5.2 History

The dividend of MOUR has a limited annual growth rate of 1.15%.
Dividend Growth(5Y)1.15%
Div Incr Years5
Div Non Decr Years5
MOUR.BR Yearly Dividends per shareMOUR.BR Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

5.3 Sustainability

17.84% of the earnings are spent on dividend by MOUR. This is a low number and sustainable payout ratio.
The dividend of MOUR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP17.84%
EPS Next 2YN/A
EPS Next 3YN/A
MOUR.BR Yearly Income VS Free CF VS DividendMOUR.BR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M
MOUR.BR Dividend Payout.MOUR.BR Dividend Payout, showing the Payout Ratio.MOUR.BR Dividend Payout.PayoutRetained Earnings

MOURY CONSTRUCT S.A.

EBR:MOUR (7/9/2025, 11:51:23 AM)

626

+12 (+1.95%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners5.02%
Inst Owner ChangeN/A
Ins Owners4.54%
Ins Owner ChangeN/A
Market Cap250.40M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.5%
Yearly Dividend11
Dividend Growth(5Y)1.15%
DP17.84%
Div Incr Years5
Div Non Decr Years5
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 10.15
Fwd PE N/A
P/S 1.34
P/FCF 13.18
P/OCF 11.66
P/B 2.01
P/tB 2.26
EV/EBITDA 3.41
EPS(TTM)61.68
EY9.85%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)47.49
FCFY7.59%
OCF(TTM)53.71
OCFY8.58%
SpS465.85
BVpS311.85
TBVpS277.46
PEG (NY)N/A
PEG (5Y)0.31
Profitability
Industry RankSector Rank
ROA 11.79%
ROE 19.58%
ROCE 20.41%
ROIC 15.24%
ROICexc 99.22%
ROICexgc 269.26%
OM 15.54%
PM (TTM) 13.11%
GM 27.51%
FCFM 10.19%
ROA(3y)11.97%
ROA(5y)10.68%
ROE(3y)21.19%
ROE(5y)19.53%
ROIC(3y)17.24%
ROIC(5y)15.61%
ROICexc(3y)98.06%
ROICexc(5y)81.78%
ROICexgc(3y)275.12%
ROICexgc(5y)227.14%
ROCE(3y)23.09%
ROCE(5y)20.91%
ROICexcg growth 3Y16.99%
ROICexcg growth 5Y16.83%
ROICexc growth 3Y13.87%
ROICexc growth 5Y22.76%
OM growth 3Y7.31%
OM growth 5Y21%
PM growth 3Y10.76%
PM growth 5Y22.54%
GM growth 3Y3.8%
GM growth 5Y9.81%
F-Score6
Asset Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.11
Debt/EBITDA 0.04
Cap/Depr 101.84%
Cap/Sales 1.33%
Interest Coverage 250
Cash Conversion 68.44%
Profit Quality 77.79%
Current Ratio 2.58
Quick Ratio 2.12
Altman-Z 4.43
F-Score6
WACC7.74%
ROIC/WACC1.97
Cap/Depr(3y)73.9%
Cap/Depr(5y)95.13%
Cap/Sales(3y)0.94%
Cap/Sales(5y)1.29%
Profit Quality(3y)99.98%
Profit Quality(5y)82.14%
High Growth Momentum
Growth
EPS 1Y (TTM)0.26%
EPS 3Y23.15%
EPS 5Y32.32%
EPS Q2Q%-16.07%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.96%
Revenue growth 3Y11.39%
Revenue growth 5Y8%
Sales Q2Q%-11.88%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-3.92%
EBIT growth 3Y19.54%
EBIT growth 5Y30.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-55.68%
FCF growth 3Y25.32%
FCF growth 5Y8.06%
OCF growth 1Y-51.32%
OCF growth 3Y25.96%
OCF growth 5Y3.61%