KERING (PPX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PPX - FR0000121485 - Common Stock
288.45 EUR
-12.9 (-4.28%)
We assign a fundamental rating of 3 out of 10 to PPX. PPX was compared to 51 industry peers in the Textiles, Apparel & Luxury Goods industry. While PPX is still in line with the averages on profitability rating, there are concerns on its financial health. PPX is valied quite expensively at the moment, while 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.
- PPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- PPX has a Return On Assets (1.72%) which is comparable to the rest of the industry.
- PPX has a worse Return On Equity (4.94%) than 60.78% 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 66.67% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PPX is below the industry average of 12.94%.
- The 3 year average ROIC (10.05%) for PPX is well above the current ROIC(3.65%). The reason for the recent decline needs to be investigated.
| 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
- The Profit Margin of PPX (4.62%) is comparable to the rest of the industry.
- PPX's Profit Margin has declined in the last couple of years.
- PPX has a Operating Margin (11.07%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of PPX has declined.
- PPX has a better Gross Margin (73.03%) than 78.43% 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.
- Compared to 1 year ago, PPX has about the same amount of shares outstanding.
- PPX has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for PPX is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 1.85 indicates that PPX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- PPX's Altman-Z score of 1.85 is on the low side compared to the rest of the industry. PPX is outperformed by 66.67% 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 62.75% of its industry peers.
- PPX has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.12, PPX is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.53
WACC6.88%
2.3 Liquidity
- A Current Ratio of 1.32 indicates that PPX should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.32, PPX is doing worse than 64.71% of the companies in the same industry.
- A Quick Ratio of 0.87 indicates that PPX may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.87, PPX is in line with its industry, outperforming 52.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
- PPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.67%.
- PPX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.03% yearly.
- The Revenue for PPX has decreased by -14.56% in the past year. This is quite bad
- 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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.83% yearly.
- The Revenue is expected to grow by 2.24% on average over the next years.
EPS Next Y-43.81%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
EPS Next 5Y9.83%
Revenue Next Year-12.78%
Revenue Next 2Y-5.37%
Revenue Next 3Y-1.3%
Revenue Next 5Y2.24%
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 40.57.
- PPX's Price/Earnings is on the same level as the industry average.
- PPX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.38.
- Based on the Price/Forward Earnings ratio of 33.89, the valuation of PPX can be described as expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as PPX.
- PPX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.57 | ||
| Fwd PE | 33.89 |
4.2 Price Multiples
- 62.75% of the companies in the same industry are cheaper than PPX, based on the Enterprise Value to EBITDA ratio.
- PPX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.72 | ||
| EV/EBITDA | 12.78 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.99%, PPX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.98, PPX has a dividend in line with its industry peers.
- PPX's Dividend Yield is comparable with the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
- On average, the dividend of PPX grows each year by 6.01%, which is quite nice.
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.
- The dividend of PPX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP100.96%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
FRA:PPX (1/16/2026, 7:00:00 PM)
288.45
-12.9 (-4.28%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)10-23 2025-10-23
Earnings (Next)02-10 2026-02-10/amc
Inst Owners25.4%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap35.60B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts53.55
Price Target307.35 (6.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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)2.16%
PT rev (3m)37.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.26%
EPS NY rev (3m)1.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.57 | ||
| Fwd PE | 33.89 | ||
| P/S | 2.26 | ||
| P/FCF | 25.72 | ||
| P/OCF | 9.54 | ||
| P/B | 2.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.78 |
EPS(TTM)7.11
EY2.46%
EPS(NY)8.51
Fwd EY2.95%
FCF(TTM)11.21
FCFY3.89%
OCF(TTM)30.25
OCFY10.49%
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 | 1.85 |
F-Score4
WACC6.88%
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-43.81%
EPS Next 2Y-10.72%
EPS Next 3Y3.13%
EPS Next 5Y9.83%
Revenue 1Y (TTM)-14.56%
Revenue growth 3Y-0.86%
Revenue growth 5Y1.6%
Sales Q2Q%-15.97%
Revenue Next Year-12.78%
Revenue Next 2Y-5.37%
Revenue Next 3Y-1.3%
Revenue Next 5Y2.24%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year46.04%
EBIT Next 3Y21.56%
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 for PPX 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 5 / 10.
What is the valuation of KERING based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KERING (PPX.DE) is 40.57 and the Price/Book (PB) ratio is 2.41.
Can you provide the expected EPS growth for PPX stock?
The Earnings per Share (EPS) of KERING (PPX.DE) is expected to decline by -43.81% in the next year.