KERING (PPX.DE) Stock Fundamental Analysis
Europe - FRA:PPX - FR0000121485 - Common Stock
297.1 EUR
-11.95 (-3.87%)
PPX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 43 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
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
PPX has a Return On Assets of 1.72%. This is comparable to the rest of the industry: PPX outperforms 41.86% of its industry peers.
With a Return On Equity value of 4.94%, PPX is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
The Return On Invested Capital of PPX (3.65%) is worse than 67.44% 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 11.78%.
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
Looking at the Profit Margin, with a value of 4.62%, PPX is in line with its industry, outperforming 44.19% of the companies in the same industry.
PPX's Profit Margin has declined in the last couple of years.
PPX's Operating Margin of 11.07% is fine compared to the rest of the industry. PPX outperforms 60.47% of its industry peers.
PPX's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 73.03%, PPX is in the better half of the industry, outperforming 79.07% of the companies in the same industry.
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.
PPX has about the same amout of shares outstanding than it did 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
PPX has an Altman-Z score of 1.87. 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.
The Altman-Z score of PPX (1.87) is worse than 67.44% of its industry peers.
PPX has a debt to FCF ratio of 13.86. This is a negative value and a sign of low solvency as PPX would need 13.86 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 13.86, PPX is doing worse than 60.47% of the companies in the same industry.
PPX has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
PPX has a worse Debt to Equity ratio (1.12) than 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 13.86 | ||
| Altman-Z | 1.87 |
ROIC/WACC0.52
WACC6.98%
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 worse Current ratio (1.32) than 60.47% of its industry peers.
A Quick Ratio of 0.87 indicates that PPX may have some problems paying its short term obligations.
PPX's Quick ratio of 0.87 is fine compared to the rest of the industry. PPX outperforms 60.47% of 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.
PPX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.03% yearly.
PPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.56%.
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
Based on estimates for the next years, PPX will show a very strong growth in Earnings Per Share. The EPS will grow by 21.59% on average per year.
Based on estimates for the next years, PPX will show a small growth in Revenue. The Revenue will grow by 2.60% on average per year.
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 5Y2.6%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 41.79, the valuation of PPX can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PPX is on the same level as its industry peers.
PPX is valuated expensively when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 34.79, PPX can be considered very expensive at the moment.
PPX's Price/Forward Earnings is on the same level as the industry average.
PPX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 35.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.79 | ||
| Fwd PE | 34.79 |
4.2 Price Multiples
60.47% 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 | 26.49 | ||
| EV/EBITDA | 13.06 |
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 1.87%.
PPX's Dividend Yield is comparable with the industry average which is at 2.88.
PPX's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
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.
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 (11/19/2025, 7:00:00 PM)
297.1
-11.95 (-3.87%)
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 Cap36.67B
Revenue(TTM)15.76B
Net Income(TTM)729.00M
Analysts55.33
Price Target283.28 (-4.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
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)27.13%
PT rev (3m)42.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.04%
EPS NY rev (3m)-36.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.79 | ||
| Fwd PE | 34.79 | ||
| P/S | 2.33 | ||
| P/FCF | 26.49 | ||
| P/OCF | 9.82 | ||
| P/B | 2.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.06 |
EPS(TTM)7.11
EY2.39%
EPS(NY)8.54
Fwd EY2.87%
FCF(TTM)11.21
FCFY3.77%
OCF(TTM)30.25
OCFY10.18%
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 | 1.87 |
F-Score4
WACC6.98%
ROIC/WACC0.52
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 5Y2.6%
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 3 / 10 and the dividend payout ratio is 100.96%.