NEDAP N.V. (NEDAP.AS) Stock Fundamental Analysis
AMS:NEDAP - Euronext Amsterdam - NL0000371243 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to NEDAP. NEDAP was compared to 49 industry peers in the Electronic Equipment, Instruments & Components industry. NEDAP scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NEDAP has a valuation in line with the averages, but on the other hand it scores bad on growth. NEDAP also has an excellent dividend rating. With these ratings, NEDAP could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year NEDAP was profitable.
In the past year NEDAP had a positive cash flow from operations.
Each year in the past 5 years NEDAP has been profitable.
Each year in the past 5 years NEDAP had a positive operating cash flow.
1.2 Ratios
NEDAP's Return On Assets of 12.75% is amongst the best of the industry. NEDAP outperforms 97.96% of its industry peers.
NEDAP's Return On Equity of 23.72% is amongst the best of the industry. NEDAP outperforms 97.96% of its industry peers.
NEDAP has a better Return On Invested Capital (18.17%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NEDAP is significantly above the industry average of 7.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.75% | ||
| ROE | 23.72% | ||
| ROIC | 18.17% |
ROA(3y)14.42%
ROA(5y)14.97%
ROE(3y)23.72%
ROE(5y)24.55%
ROIC(3y)20.13%
ROIC(5y)18.24%
1.3 Margins
The Profit Margin of NEDAP (6.86%) is better than 87.76% of its industry peers.
NEDAP's Profit Margin has declined in the last couple of years.
NEDAP's Operating Margin of 8.63% is amongst the best of the industry. NEDAP outperforms 81.63% of its industry peers.
In the last couple of years the Operating Margin of NEDAP has remained more or less at the same level.
The Gross Margin of NEDAP (69.99%) is better than 93.88% of its industry peers.
NEDAP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.63% | ||
| PM (TTM) | 6.86% | ||
| GM | 69.99% |
OM growth 3Y4.42%
OM growth 5Y0.48%
PM growth 3Y4.43%
PM growth 5Y-1.56%
GM growth 3Y1.54%
GM growth 5Y2.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NEDAP is creating value.
Compared to 1 year ago, NEDAP has more shares outstanding
The number of shares outstanding for NEDAP has been increased compared to 5 years ago.
Compared to 1 year ago, NEDAP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.39 indicates that NEDAP is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 7.39, NEDAP belongs to the best of the industry, outperforming 93.88% of the companies in the same industry.
NEDAP has a debt to FCF ratio of 2.28. This is a good value and a sign of high solvency as NEDAP would need 2.28 years to pay back of all of its debts.
NEDAP has a Debt to FCF ratio of 2.28. This is amongst the best in the industry. NEDAP outperforms 81.63% of its industry peers.
NEDAP has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
NEDAP has a Debt to Equity ratio (0.30) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.28 | ||
| Altman-Z | 7.39 |
ROIC/WACC2.45
WACC7.42%
2.3 Liquidity
A Current Ratio of 1.74 indicates that NEDAP should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.74, NEDAP is in line with its industry, outperforming 53.06% of the companies in the same industry.
NEDAP has a Quick Ratio of 1.74. This is a bad value and indicates that NEDAP is not financially healthy enough and could expect problems in meeting its short term obligations.
NEDAP has a Quick ratio of 0.88. This is in the lower half of the industry: NEDAP underperforms 63.27% of its industry peers.
The current and quick ratio evaluation for NEDAP is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The earnings per share for NEDAP have decreased strongly by -16.12% in the last year.
Measured over the past 5 years, NEDAP shows a small growth in Earnings Per Share. The EPS has been growing by 4.33% on average per year.
NEDAP shows a decrease in Revenue. In the last year, the revenue decreased by -0.01%.
Measured over the past years, NEDAP shows a small growth in Revenue. The Revenue has been growing by 6.52% on average per year.
EPS 1Y (TTM)-16.12%
EPS 3Y15.69%
EPS 5Y4.33%
EPS Q2Q%-34.64%
Revenue 1Y (TTM)-0.01%
Revenue growth 3Y11.38%
Revenue growth 5Y6.52%
Sales Q2Q%-7.7%
3.2 Future
The Earnings Per Share is expected to grow by 9.12% on average over the next years. This is quite good.
Based on estimates for the next years, NEDAP will show a small growth in Revenue. The Revenue will grow by 4.01% on average per year.
EPS Next Y-21.65%
EPS Next 2Y-1.21%
EPS Next 3Y3.27%
EPS Next 5Y9.12%
Revenue Next Year-3.79%
Revenue Next 2Y0.28%
Revenue Next 3Y2.04%
Revenue Next 5Y4.01%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.41, NEDAP is valued on the expensive side.
NEDAP's Price/Earnings ratio is a bit cheaper when compared to the industry. NEDAP is cheaper than 65.31% of the companies in the same industry.
NEDAP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 15.56 indicates a correct valuation of NEDAP.
Based on the Price/Forward Earnings ratio, NEDAP is valued a bit cheaper than 61.22% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NEDAP to the average of the S&P500 Index (22.10), we can say NEDAP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.41 | ||
| Fwd PE | 15.56 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NEDAP is on the same level as its industry peers.
NEDAP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.61 | ||
| EV/EBITDA | 13.32 |
4.3 Compensation for Growth
The excellent profitability rating of NEDAP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)5.41
EPS Next 2Y-1.21%
EPS Next 3Y3.27%
5. Dividend
5.1 Amount
NEDAP has a Yearly Dividend Yield of 5.25%, which is a nice return.
Compared to an average industry Dividend Yield of 3.31, NEDAP pays a better dividend. On top of this NEDAP pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, NEDAP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
5.2 History
The dividend of NEDAP has a limited annual growth rate of 4.21%.
Dividend Growth(5Y)4.21%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
121.86% of the earnings are spent on dividend by NEDAP. This is not a sustainable payout ratio.
The dividend of NEDAP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP121.86%
EPS Next 2Y-1.21%
EPS Next 3Y3.27%
AMS:NEDAP (3/7/2025, 7:00:00 PM)
61.8
+0.8 (+1.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners37.48%
Inst Owner ChangeN/A
Ins Owners1%
Ins Owner ChangeN/A
Market Cap413.44M
Analysts42.5
Price Target58.91 (-4.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
Yearly Dividend3.01
Dividend Growth(5Y)4.21%
DP121.86%
Div Incr Years1
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.41 | ||
| Fwd PE | 15.56 | ||
| P/S | 1.64 | ||
| P/FCF | 41.61 | ||
| P/OCF | 14.87 | ||
| P/B | 5.67 | ||
| P/tB | 6.76 | ||
| EV/EBITDA | 13.32 |
EPS(TTM)2.64
EY4.27%
EPS(NY)3.97
Fwd EY6.43%
FCF(TTM)1.49
FCFY2.4%
OCF(TTM)4.16
OCFY6.73%
SpS37.68
BVpS10.9
TBVpS9.14
PEG (NY)N/A
PEG (5Y)5.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.75% | ||
| ROE | 23.72% | ||
| ROCE | 24.36% | ||
| ROIC | 18.17% | ||
| ROICexc | 18.46% | ||
| ROICexgc | 21.09% | ||
| OM | 8.63% | ||
| PM (TTM) | 6.86% | ||
| GM | 69.99% | ||
| FCFM | 3.94% |
ROA(3y)14.42%
ROA(5y)14.97%
ROE(3y)23.72%
ROE(5y)24.55%
ROIC(3y)20.13%
ROIC(5y)18.24%
ROICexc(3y)25.15%
ROICexc(5y)24.6%
ROICexgc(3y)26.69%
ROICexgc(5y)25.96%
ROCE(3y)25.03%
ROCE(5y)22.68%
ROICexcg growth 3Y6.61%
ROICexcg growth 5Y6.3%
ROICexc growth 3Y3.7%
ROICexc growth 5Y4.34%
OM growth 3Y4.42%
OM growth 5Y0.48%
PM growth 3Y4.43%
PM growth 5Y-1.56%
GM growth 3Y1.54%
GM growth 5Y2.11%
F-Score5
Asset Turnover1.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.28 | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | 172.89% | ||
| Cap/Sales | 7.09% | ||
| Interest Coverage | 10.62 | ||
| Cash Conversion | 86.65% | ||
| Profit Quality | 57.43% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 7.39 |
F-Score5
WACC7.42%
ROIC/WACC2.45
Cap/Depr(3y)132.91%
Cap/Depr(5y)123.4%
Cap/Sales(3y)5.6%
Cap/Sales(5y)5.39%
Profit Quality(3y)62.08%
Profit Quality(5y)84.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.12%
EPS 3Y15.69%
EPS 5Y4.33%
EPS Q2Q%-34.64%
EPS Next Y-21.65%
EPS Next 2Y-1.21%
EPS Next 3Y3.27%
EPS Next 5Y9.12%
Revenue 1Y (TTM)-0.01%
Revenue growth 3Y11.38%
Revenue growth 5Y6.52%
Sales Q2Q%-7.7%
Revenue Next Year-3.79%
Revenue Next 2Y0.28%
Revenue Next 3Y2.04%
Revenue Next 5Y4.01%
EBIT growth 1Y-17.79%
EBIT growth 3Y16.31%
EBIT growth 5Y7.03%
EBIT Next Year10.94%
EBIT Next 3Y12.45%
EBIT Next 5Y11.72%
FCF growth 1Y87.08%
FCF growth 3Y-19.11%
FCF growth 5Y0.08%
OCF growth 1Y65.91%
OCF growth 3Y-0.52%
OCF growth 5Y10.38%