102.51 USD
-0.65 (-0.63%)
100.71 USD
-1.8 (-1.76%)
Taking everything into account, PPH scores 4 out of 10 in our fundamental rating. PPH was compared to 82 industry peers in the Automobile Components industry. PPH has an average financial health and profitability rating. PPH is quite expensive at the moment. It does show a decent growth rate. Finally PPH also has an excellent dividend rating. With these ratings, PPH could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
PPH had positive earnings in the past year.
PPH had a positive operating cash flow in the past year.
Each year in the past 5 years PPH has been profitable.
In the past 5 years PPH always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.39%, PPH is in line with its industry, outperforming 52.44% of the companies in the same industry.
PPH's Return On Equity of 8.81% is in line compared to the rest of the industry. PPH outperforms 53.66% of its industry peers.
With a Return On Invested Capital value of 8.17%, PPH perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
PPH had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 8.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROIC | 8.17% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
1.3 Margins
PPH has a Profit Margin (5.84%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PPH has remained more or less at the same level.
PPH has a Operating Margin of 10.65%. This is comparable to the rest of the industry: PPH outperforms 57.32% of its industry peers.
In the last couple of years the Operating Margin of PPH has remained more or less at the same level.
Looking at the Gross Margin, with a value of 27.60%, PPH is in line with its industry, outperforming 48.78% of the companies in the same industry.
In the last couple of years the Gross Margin of PPH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% |
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
2. Health
2.1 Basic Checks
PPH 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, PPH has less shares outstanding
Compared to 5 years ago, PPH has less shares outstanding
The debt/assets ratio for PPH is higher compared to a year ago.
2.2 Solvency
PPH has an Altman-Z score of 3.99. This indicates that PPH is financially healthy and has little risk of bankruptcy at the moment.
PPH has a better Altman-Z score (3.99) than 76.83% of its industry peers.
PPH has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as PPH would need 6.05 years to pay back of all of its debts.
PPH's Debt to FCF ratio of 6.05 is in line compared to the rest of the industry. PPH outperforms 45.12% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that PPH is not too dependend on debt financing.
PPH's Debt to Equity ratio of 0.32 is in line compared to the rest of the industry. PPH outperforms 43.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 3.99 |
ROIC/WACC1.07
WACC7.63%
2.3 Liquidity
PPH has a Current Ratio of 1.80. This is a normal value and indicates that PPH is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.80, PPH is not doing good in the industry: 64.63% of the companies in the same industry are doing better.
A Quick Ratio of 1.12 indicates that PPH should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.12, PPH is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
PPH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, PPH shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
The Revenue has been growing slightly by 2.41% on average over the past years.
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
3.2 Future
Based on estimates for the next years, PPH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.26% on average per year.
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 40.36, PPH can be considered very expensive at the moment.
Based on the Price/Earnings ratio, PPH is valued a bit more expensive than the industry average as 71.95% of the companies are valued more cheaply.
PPH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 28.49 indicates a quite expensive valuation of PPH.
PPH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PPH is more expensive than 73.17% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PPH to the average of the S&P500 Index (36.59), we can say PPH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.36 | ||
| Fwd PE | 28.49 |
4.2 Price Multiples
PPH's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. PPH is more expensive than 65.85% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PPH is valued a bit more expensive than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.36 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PPH does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)54.57
PEG (5Y)24.57
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.10%, PPH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.49, PPH pays a better dividend. On top of this PPH pays more dividend than 90.24% of the companies listed in the same industry.
PPH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
5.2 History
On average, the dividend of PPH grows each year by 7.84%, which is quite nice.
PPH has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PPH decreased in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
62.40% of the earnings are spent on dividend by PPH. This is not a sustainable payout ratio.
PPH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
102.51
-0.65 (-0.63%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change7.38%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap72.35B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target112.28 (9.53%)
Short Float %0.32%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years2
Div Non Decr Years2
Ex-Date
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)5.85%
PT rev (3m)9.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.36 | ||
| Fwd PE | 28.49 | ||
| P/S | 2.34 | ||
| P/FCF | 50.36 | ||
| P/OCF | 18.46 | ||
| P/B | 3.52 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 13.74 |
EPS(TTM)2.54
EY2.48%
EPS(NY)3.6
Fwd EY3.51%
FCF(TTM)2.04
FCFY1.99%
OCF(TTM)5.55
OCFY5.42%
SpS43.9
BVpS29.1
TBVpS21.42
PEG (NY)54.57
PEG (5Y)24.57
Graham Number40.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROCE | 10.41% | ||
| ROIC | 8.17% | ||
| ROICexc | 9.37% | ||
| ROICexgc | 11.66% | ||
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% | ||
| FCFM | 4.64% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
ROICexc(3y)10.45%
ROICexc(5y)9.86%
ROICexgc(3y)12.91%
ROICexgc(5y)12.2%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexgc growth 3Y-1.17%
ROICexgc growth 5Y0.57%
ROICexc growth 3Y-1.78%
ROICexc growth 5Y0.45%
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
F-Score5
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 107.96% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 9.96 | ||
| Cash Conversion | 70% | ||
| Profit Quality | 79.44% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 3.99 |
F-Score5
WACC7.63%
ROIC/WACC1.07
Cap/Depr(3y)113.8%
Cap/Depr(5y)101.88%
Cap/Sales(3y)7.8%
Cap/Sales(5y)7.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.06%
FCF growth 1Y-20.46%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-10.1%
OCF growth 3Y14.27%
OCF growth 5Y5.48%
VANECK PHARMACEUTICAL ETF / PPH FAQ
What does VANECK PHARMACEUTICAL ETF do?
Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. The company is headquartered in Clermont-Ferrand, Auvergne-Rhone-Alpes and currently employs 127,500 full-time employees. The firm operates through three segments: Automotive, Road Transportation and Specialty Businesses. Automotive, which comprises the business lines Automotive business to customers (B2C) Global Brands, Automotive B2C Regional Brands, Automotive Original Equipment and Mobility Experiences. Road Transportation comprises the business lines Long Distance Transportation, Urban Transportation and Services & Solutions. Specialty Businesses comprises the business lines Mining, Off-Highway Transportation, Two-Wheel, Aircraft and High-Tech Materials. The company provides different kind of tires and related products and services through a dealership network. Its service offering includes truck driver assistance with Michelin Euro Assist, fleet tire advice, maintenance and management services and mobility assistance services, among others. Additionally, it provides branded lifestyle products and high-tech materials.
What is the current price of PPH stock?
The current stock price of PPH is 102.51 USD. The price decreased by -0.63% in the last trading session.
What is the ChartMill rating of VANECK PHARMACEUTICAL ETF stock?
PPH has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
On which exchange is PPH stock listed?
PPH stock is listed on the Nasdaq exchange.