PIRELLI & C SPA (PIRC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:PIRC - IT0005278236 - Common Stock
6.072 EUR
+0.01 (+0.1%)
We assign a fundamental rating of 6 out of 10 to PIRC. PIRC was compared to 30 industry peers in the Automobile Components industry. While PIRC has a great profitability rating, there are some minor concerns on its financial health. PIRC has a decent growth rate and is not valued too expensively. Finally PIRC also has an excellent dividend rating. These ratings would make PIRC suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year PIRC was profitable.
PIRC had a positive operating cash flow in the past year.
PIRC had positive earnings in each of the past 5 years.
Each year in the past 5 years PIRC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PIRC (5.68%) is better than 96.67% of its industry peers.
PIRC has a Return On Equity of 13.10%. This is amongst the best in the industry. PIRC outperforms 93.33% of its industry peers.
With an excellent Return On Invested Capital value of 10.92%, PIRC belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
PIRC had an Average Return On Invested Capital over the past 3 years of 6.34%. This is in line with the industry average of 6.67%.
The 3 year average ROIC (6.34%) for PIRC is below the current ROIC(10.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 13.1% | ||
| ROIC | 10.92% |
ROA(3y)3.32%
ROA(5y)2.47%
ROE(3y)8.23%
ROE(5y)6.31%
ROIC(3y)6.34%
ROIC(5y)5.02%
1.3 Margins
PIRC has a Profit Margin of 7.26%. This is amongst the best in the industry. PIRC outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of PIRC has declined.
PIRC has a better Operating Margin (13.48%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of PIRC has remained more or less at the same level.
The Gross Margin of PIRC (64.00%) is better than 93.33% of its industry peers.
In the last couple of years the Gross Margin of PIRC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.48% | ||
| PM (TTM) | 7.26% | ||
| GM | 64% |
OM growth 3Y6.63%
OM growth 5Y-1.41%
PM growth 3Y6.75%
PM growth 5Y-3.44%
GM growth 3Y15.15%
GM growth 5Y5.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PIRC is still creating some value.
The number of shares outstanding for PIRC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, PIRC has about the same amount of shares outstanding.
The debt/assets ratio for PIRC has been reduced compared to a year ago.
2.2 Solvency
PIRC has an Altman-Z score of 2.21. This is not the best score and indicates that PIRC is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.21, PIRC is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of PIRC is 4.12, which is a neutral value as it means it would take PIRC, 4.12 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.12, PIRC belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
A Debt/Equity ratio of 0.48 indicates that PIRC is not too dependend on debt financing.
PIRC's Debt to Equity ratio of 0.48 is fine compared to the rest of the industry. PIRC outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 2.21 |
ROIC/WACC1.7
WACC6.43%
2.3 Liquidity
A Current Ratio of 1.21 indicates that PIRC should not have too much problems paying its short term obligations.
PIRC's Current ratio of 1.21 is in line compared to the rest of the industry. PIRC outperforms 46.67% of its industry peers.
A Quick Ratio of 0.78 indicates that PIRC may have some problems paying its short term obligations.
With a Quick ratio value of 0.78, PIRC is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
PIRC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.08%.
Measured over the past 5 years, PIRC shows a small growth in Earnings Per Share. The EPS has been growing by 1.33% on average per year.
PIRC shows a small growth in Revenue. In the last year, the Revenue has grown by 1.85%.
The Revenue has been growing slightly by 4.94% on average over the past years.
EPS 1Y (TTM)5.08%
EPS 3Y9.65%
EPS 5Y1.33%
EPS Q2Q%12.5%
Revenue 1Y (TTM)1.85%
Revenue growth 3Y8.31%
Revenue growth 5Y4.94%
Sales Q2Q%-2.33%
3.2 Future
Based on estimates for the next years, PIRC will show a small growth in Earnings Per Share. The EPS will grow by 6.00% on average per year.
PIRC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.38% yearly.
EPS Next Y0.59%
EPS Next 2Y4.71%
EPS Next 3Y6%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y1.17%
Revenue Next 3Y1.88%
Revenue Next 5Y2.38%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 9.79, the valuation of PIRC can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PIRC indicates a somewhat cheap valuation: PIRC is cheaper than 70.00% of the companies listed in the same industry.
PIRC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
PIRC is valuated reasonably with a Price/Forward Earnings ratio of 9.55.
PIRC's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of PIRC to the average of the S&P500 Index (36.10), we can say PIRC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 9.55 |
4.2 Price Multiples
PIRC's Enterprise Value to EBITDA ratio is in line with the industry average.
PIRC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PIRC is cheaper than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.66 | ||
| EV/EBITDA | 4.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PIRC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)16.51
PEG (5Y)7.37
EPS Next 2Y4.71%
EPS Next 3Y6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.17%, PIRC is a good candidate for dividend investing.
PIRC's Dividend Yield is a higher than the industry average which is at 4.79.
Compared to an average S&P500 Dividend Yield of 2.32, PIRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
The dividend of PIRC has a limited annual growth rate of 2.92%.
Dividend Growth(5Y)2.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PIRC pays out 34.37% of its income as dividend. This is a sustainable payout ratio.
PIRC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP34.37%
EPS Next 2Y4.71%
EPS Next 3Y6%
BIT:PIRC (12/5/2025, 7:00:00 PM)
6.072
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners14.92%
Inst Owner ChangeN/A
Ins Owners27.72%
Ins Owner ChangeN/A
Market Cap6.07B
Revenue(TTM)10.28B
Net Income(TTM)745.81M
Analysts82
Price Target6.91 (13.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.2
Dividend Growth(5Y)2.92%
DP34.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.99%
Min EPS beat(2)20.46%
Max EPS beat(2)23.51%
EPS beat(4)3
Avg EPS beat(4)10.59%
Min EPS beat(4)-1.96%
Max EPS beat(4)23.51%
EPS beat(8)7
Avg EPS beat(8)16.2%
EPS beat(12)11
Avg EPS beat(12)19.98%
EPS beat(16)14
Avg EPS beat(16)23.73%
Revenue beat(2)0
Avg Revenue beat(2)-1.62%
Min Revenue beat(2)-2.1%
Max Revenue beat(2)-1.14%
Revenue beat(4)1
Avg Revenue beat(4)-0.63%
Min Revenue beat(4)-2.1%
Max Revenue beat(4)2.31%
Revenue beat(8)1
Avg Revenue beat(8)-0.79%
Revenue beat(12)3
Avg Revenue beat(12)9.39%
Revenue beat(16)7
Avg Revenue beat(16)20.43%
PT rev (1m)0.74%
PT rev (3m)0.74%
EPS NQ rev (1m)0.73%
EPS NQ rev (3m)-8.33%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-0.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 9.55 | ||
| P/S | 0.59 | ||
| P/FCF | 6.66 | ||
| P/OCF | 4.64 | ||
| P/B | 1.07 | ||
| P/tB | 9.66 | ||
| EV/EBITDA | 4.43 |
EPS(TTM)0.62
EY10.21%
EPS(NY)0.64
Fwd EY10.47%
FCF(TTM)0.91
FCFY15.01%
OCF(TTM)1.31
OCFY21.56%
SpS10.28
BVpS5.69
TBVpS0.63
PEG (NY)16.51
PEG (5Y)7.37
Graham Number8.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 13.1% | ||
| ROCE | 14% | ||
| ROIC | 10.92% | ||
| ROICexc | 12.15% | ||
| ROICexgc | 28.2% | ||
| OM | 13.48% | ||
| PM (TTM) | 7.26% | ||
| GM | 64% | ||
| FCFM | 8.86% |
ROA(3y)3.32%
ROA(5y)2.47%
ROE(3y)8.23%
ROE(5y)6.31%
ROIC(3y)6.34%
ROIC(5y)5.02%
ROICexc(3y)7.45%
ROICexc(5y)5.98%
ROICexgc(3y)18.21%
ROICexgc(5y)15.26%
ROCE(3y)8.22%
ROCE(5y)6.5%
ROICexgc growth 3Y6.83%
ROICexgc growth 5Y-0.05%
ROICexc growth 3Y13.56%
ROICexc growth 5Y3.32%
OM growth 3Y6.63%
OM growth 5Y-1.41%
PM growth 3Y6.75%
PM growth 5Y-3.44%
GM growth 3Y15.15%
GM growth 5Y5.65%
F-Score7
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.12 | ||
| Debt/EBITDA | 1.4 | ||
| Cap/Depr | 67.74% | ||
| Cap/Sales | 3.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.36% | ||
| Profit Quality | 122.17% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.21 |
F-Score7
WACC6.43%
ROIC/WACC1.7
Cap/Depr(3y)65.74%
Cap/Depr(5y)60.49%
Cap/Sales(3y)5.68%
Cap/Sales(5y)5.68%
Profit Quality(3y)193.7%
Profit Quality(5y)400.33%
High Growth Momentum
Growth
EPS 1Y (TTM)5.08%
EPS 3Y9.65%
EPS 5Y1.33%
EPS Q2Q%12.5%
EPS Next Y0.59%
EPS Next 2Y4.71%
EPS Next 3Y6%
EPS Next 5YN/A
Revenue 1Y (TTM)1.85%
Revenue growth 3Y8.31%
Revenue growth 5Y4.94%
Sales Q2Q%-2.33%
Revenue Next Year0.83%
Revenue Next 2Y1.17%
Revenue Next 3Y1.88%
Revenue Next 5Y2.38%
EBIT growth 1Y4.03%
EBIT growth 3Y15.49%
EBIT growth 5Y3.46%
EBIT Next Year52.55%
EBIT Next 3Y17.7%
EBIT Next 5Y10.98%
FCF growth 1Y10.93%
FCF growth 3Y12.02%
FCF growth 5Y7.38%
OCF growth 1Y7.93%
OCF growth 3Y12.04%
OCF growth 5Y4.79%
PIRELLI & C SPA / PIRC.MI FAQ
What is the fundamental rating for PIRC stock?
ChartMill assigns a fundamental rating of 6 / 10 to PIRC.MI.
Can you provide the valuation status for PIRELLI & C SPA?
ChartMill assigns a valuation rating of 6 / 10 to PIRELLI & C SPA (PIRC.MI). This can be considered as Fairly Valued.
What is the profitability of PIRC stock?
PIRELLI & C SPA (PIRC.MI) has a profitability rating of 8 / 10.
What is the earnings growth outlook for PIRELLI & C SPA?
The Earnings per Share (EPS) of PIRELLI & C SPA (PIRC.MI) is expected to grow by 0.59% in the next year.
How sustainable is the dividend of PIRELLI & C SPA (PIRC.MI) stock?
The dividend rating of PIRELLI & C SPA (PIRC.MI) is 8 / 10 and the dividend payout ratio is 34.37%.