KERING (PPX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PPX - FR0000121485 - Common Stock
292.8 EUR
-3.4 (-1.15%)
Taking everything into account, PPX scores 3 out of 10 in our fundamental rating. PPX was compared to 48 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 valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PPX had positive earnings in the past year.
PPX had a positive operating cash flow in the past year.
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
The Return On Assets of PPX (1.72%) is worse than 60.42% of its industry peers.
PPX has a worse Return On Equity (4.94%) than 62.50% of its industry peers.
The Return On Invested Capital of PPX (3.65%) is worse than 68.75% of its industry peers.
PPX had an Average Return On Invested Capital over the past 3 years of 10.05%. This is below the industry average of 12.86%.
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
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 of 11.07%. This is comparable to the rest of the industry: PPX outperforms 56.25% 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 79.17% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PPX is still creating some value.
The number of shares outstanding for PPX remains at a similar level compared to 1 year ago.
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 1.86 indicates that PPX is not a great score, but indicates only limited risk for bankruptcy at the moment.
PPX has a worse Altman-Z score (1.86) than 72.92% 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.
The Debt to FCF ratio of PPX (13.86) is worse than 62.50% 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: 68.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.51
WACC7.15%
2.3 Liquidity
A Current Ratio of 1.32 indicates that PPX should not have too much problems paying its short term obligations.
PPX has a Current ratio of 1.32. This is in the lower half of the industry: PPX underperforms 64.58% of its industry peers.
A Quick Ratio of 0.87 indicates that PPX may have some problems paying its short term obligations.
PPX has a Quick ratio of 0.87. This is comparable to the rest of the industry: PPX outperforms 54.17% of its industry peers.
| 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
PPX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.60% yearly.
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
The Earnings Per Share is expected to grow by 21.59% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.45% on average over the next years.
EPS Next Y-44.19%
EPS Next 2Y-10.58%
EPS Next 3Y3.1%
EPS Next 5Y21.59%
Revenue Next Year-12.69%
Revenue Next 2Y-5.03%
Revenue Next 3Y-1.07%
Revenue Next 5Y2.45%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 41.18, the valuation of PPX can be described as expensive.
PPX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.11. PPX is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 34.28 indicates a quite expensive valuation of PPX.
Based on the Price/Forward Earnings ratio, PPX is valued a bit more expensive than 60.42% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PPX to the average of the S&P500 Index (36.21), we can say PPX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.18 | ||
| Fwd PE | 34.28 |
4.2 Price Multiples
PPX's Enterprise Value to EBITDA is on the same level as the industry average.
PPX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.11 | ||
| EV/EBITDA | 12.92 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.58%
EPS Next 3Y3.1%
5. Dividend
5.1 Amount
PPX has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
PPX's Dividend Yield is comparable with the industry average which is at 2.78.
PPX's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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-10.58%
EPS Next 3Y3.1%
FRA:PPX (11/28/2025, 7:00:00 PM)
292.8
-3.4 (-1.15%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners25.75%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap36.14B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts55.33
Price Target296.54 (1.28%)
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)33.08%
PT rev (3m)47.84%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.04%
EPS NY rev (3m)2.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.18 | ||
| Fwd PE | 34.28 | ||
| P/S | 2.29 | ||
| P/FCF | 26.11 | ||
| P/OCF | 9.68 | ||
| P/B | 2.45 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.92 |
EPS(TTM)7.11
EY2.43%
EPS(NY)8.54
Fwd EY2.92%
FCF(TTM)11.21
FCFY3.83%
OCF(TTM)30.25
OCFY10.33%
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
WACC7.15%
ROIC/WACC0.51
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-44.19%
EPS Next 2Y-10.58%
EPS Next 3Y3.1%
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-12.69%
Revenue Next 2Y-5.03%
Revenue Next 3Y-1.07%
Revenue Next 5Y2.45%
EBIT growth 1Y-51.13%
EBIT growth 3Y-20.08%
EBIT growth 5Y-12.06%
EBIT Next Year44.92%
EBIT Next 3Y20.68%
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 -44.19% 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%.