KERING (PPX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PPX - FR0000121485 - Common Stock
292.15 EUR
-3.6 (-1.22%)
PPX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 52 industry peers in the Textiles, Apparel & Luxury Goods industry. PPX has a medium profitability rating, but doesn't score so well on its financial health evaluation. PPX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PPX was profitable.
In the past year PPX had a positive cash flow from operations.
In the past 5 years PPX has always been profitable.
In the past 5 years PPX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PPX (1.72%) is worse than 63.46% of its industry peers.
The Return On Equity of PPX (4.94%) is worse than 67.31% of its industry peers.
PPX has a Return On Invested Capital of 3.65%. This is in the lower half of the industry: PPX underperforms 73.08% of its industry peers.
PPX had an Average Return On Invested Capital over the past 3 years of 10.05%. This is in line with the industry average of 11.67%.
The last Return On Invested Capital (3.65%) for PPX is well below the 3 year average (10.05%), which needs to be investigated, but indicates that PPX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROIC | 3.65% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
1.3 Margins
With a Profit Margin value of 4.62%, PPX perfoms like the industry average, outperforming 44.23% of the companies in the same industry.
PPX's Profit Margin has declined in the last couple of years.
PPX has a Operating Margin of 11.07%. This is comparable to the rest of the industry: PPX outperforms 57.69% of its industry peers.
In the last couple of years the Operating Margin of PPX has declined.
The Gross Margin of PPX (73.03%) is better than 76.92% of its industry peers.
PPX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% |
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PPX is creating some value.
The number of shares outstanding for PPX remains at a similar level compared to 1 year ago.
The number of shares outstanding for PPX has been reduced compared to 5 years ago.
The debt/assets ratio for PPX is higher compared to a year ago.
2.2 Solvency
PPX has an Altman-Z score of 1.86. This is not the best score and indicates that PPX is in the grey zone with still only limited risk for bankruptcy at the moment.
PPX's Altman-Z score of 1.86 is on the low side compared to the rest of the industry. PPX is outperformed by 65.38% of its industry peers.
The Debt to FCF ratio of PPX is 13.86, which is on the high side as it means it would take PPX, 13.86 years of fcf income to pay off all of its debts.
PPX's Debt to FCF ratio of 13.86 is on the low side compared to the rest of the industry. PPX is outperformed by 65.38% of its industry peers.
A Debt/Equity ratio of 1.12 is on the high side and indicates that PPX has dependencies on debt financing.
The Debt to Equity ratio of PPX (1.12) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.53
WACC6.86%
2.3 Liquidity
PPX has a Current Ratio of 1.32. This is a normal value and indicates that PPX is financially healthy and should not expect problems in meeting its short term obligations.
PPX has a worse Current ratio (1.32) than 67.31% of its industry peers.
PPX has a Quick Ratio of 1.32. This is a bad value and indicates that PPX is not financially healthy enough and could expect problems in meeting its short term obligations.
PPX has a Quick ratio (0.87) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for PPX have decreased strongly by -59.67% in the last year.
The earnings per share for PPX have been decreasing by -16.03% on average. This is quite bad
PPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.56%.
Measured over the past years, PPX shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
3.2 Future
PPX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.59% yearly.
The Revenue is expected to grow by 2.45% on average over the next years.
EPS Next Y-43.66%
EPS Next 2Y-10.5%
EPS Next 3Y3.15%
EPS Next 5Y21.59%
Revenue Next Year-12.7%
Revenue Next 2Y-5.13%
Revenue Next 3Y-1.08%
Revenue Next 5Y2.45%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
PPX is valuated quite expensively with a Price/Earnings ratio of 41.09.
61.54% of the companies in the same industry are cheaper than PPX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.34. PPX is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 34.15, the valuation of PPX can be described as expensive.
Based on the Price/Forward Earnings ratio, PPX is valued a bit more expensive than 61.54% of the companies in the same industry.
PPX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.09 | ||
| Fwd PE | 34.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PPX is valued a bit more expensive than 67.31% of the companies in the same industry.
PPX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.05 | ||
| EV/EBITDA | 12.9 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.5%
EPS Next 3Y3.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.03%, PPX has a reasonable but not impressive dividend return.
PPX's Dividend Yield is comparable with the industry average which is at 3.00.
Compared to an average S&P500 Dividend Yield of 2.31, PPX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
5.2 History
The dividend of PPX is nicely growing with an annual growth rate of 6.01%!
Dividend Growth(5Y)6.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
100.96% of the earnings are spent on dividend by PPX. This is not a sustainable payout ratio.
PPX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP100.96%
EPS Next 2Y-10.5%
EPS Next 3Y3.15%
FRA:PPX (12/8/2025, 7:00:00 PM)
292.15
-3.6 (-1.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.65%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap36.06B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts54.67
Price Target300.86 (2.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend14
Dividend Growth(5Y)6.01%
DP100.96%
Div Incr Years0
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)6.04%
PT rev (3m)49.92%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.95%
EPS NY rev (3m)3.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.09 | ||
| Fwd PE | 34.15 | ||
| P/S | 2.29 | ||
| P/FCF | 26.05 | ||
| P/OCF | 9.66 | ||
| P/B | 2.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.9 |
EPS(TTM)7.11
EY2.43%
EPS(NY)8.56
Fwd EY2.93%
FCF(TTM)11.21
FCFY3.84%
OCF(TTM)30.25
OCFY10.35%
SpS127.72
BVpS119.66
TBVpS-5.1
PEG (NY)N/A
PEG (5Y)N/A
Graham Number138.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 4.94% | ||
| ROCE | 5.15% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 8.4% | ||
| OM | 11.07% | ||
| PM (TTM) | 4.62% | ||
| GM | 73.03% | ||
| FCFM | 8.78% |
ROA(3y)6.82%
ROA(5y)7.67%
ROE(3y)17.67%
ROE(5y)19%
ROIC(3y)10.05%
ROIC(5y)11.02%
ROICexc(3y)11.71%
ROICexc(5y)13.25%
ROICexgc(3y)23.84%
ROICexgc(5y)27.41%
ROCE(3y)14.46%
ROCE(5y)15.94%
ROICexgc growth 3Y-34.7%
ROICexgc growth 5Y-22.91%
ROICexc growth 3Y-32.92%
ROICexc growth 5Y-21.33%
OM growth 3Y-19.39%
OM growth 5Y-13.44%
PM growth 3Y-28.46%
PM growth 5Y-14.63%
GM growth 3Y-0.14%
GM growth 5Y-0.1%
F-Score4
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 109.66% | ||
| Cap/Sales | 14.9% | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | 96.04% | ||
| Profit Quality | 189.85% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.86 |
F-Score4
WACC6.86%
ROIC/WACC0.53
Cap/Depr(3y)121.37%
Cap/Depr(5y)96.61%
Cap/Sales(3y)12.62%
Cap/Sales(5y)9.83%
Profit Quality(3y)91.35%
Profit Quality(5y)99.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.67%
EPS 3Y-26.58%
EPS 5Y-16.03%
EPS Q2Q%-49.31%
EPS Next Y-43.66%
EPS Next 2Y-10.5%
EPS Next 3Y3.15%
EPS Next 5Y21.59%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-12.7%
Revenue Next 2Y-5.13%
Revenue Next 3Y-1.08%
Revenue Next 5Y2.45%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year46.24%
EBIT Next 3Y21.68%
EBIT Next 5Y25.36%
FCF growth 1Y-25.75%
FCF growth 3Y-29.17%
FCF growth 5Y-3.26%
OCF growth 1Y-16.39%
OCF growth 3Y-1.14%
OCF growth 5Y12.54%
KERING / PPX.DE FAQ
What is the fundamental rating for PPX stock?
ChartMill assigns a fundamental rating of 3 / 10 to PPX.DE.
What is the valuation status of KERING (PPX.DE) stock?
ChartMill assigns a valuation rating of 1 / 10 to KERING (PPX.DE). This can be considered as Overvalued.
How profitable is KERING (PPX.DE) stock?
KERING (PPX.DE) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for PPX stock?
The Earnings per Share (EPS) of KERING (PPX.DE) is expected to decline by -43.66% in the next year.
Is the dividend of KERING sustainable?
The dividend rating of KERING (PPX.DE) is 4 / 10 and the dividend payout ratio is 100.96%.