PRYSMIAN SPA (PRY.MI) Stock Fundamental Analysis
BIT:PRY - Borsa Italiana Milan - IT0004176001 - Common Stock - Currency: EUR
Taking everything into account, PRY scores 5 out of 10 in our fundamental rating. PRY was compared to 59 industry peers in the Electrical Equipment industry. While PRY belongs to the best of the industry regarding profitability, there are concerns on its financial health. PRY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PRY was profitable.
PRY had a positive operating cash flow in the past year.
PRY had positive earnings in each of the past 5 years.
Each year in the past 5 years PRY had a positive operating cash flow.
1.2 Ratios
PRY has a better Return On Assets (3.34%) than 62.96% of its industry peers.
PRY's Return On Equity of 12.10% is fine compared to the rest of the industry. PRY outperforms 64.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.43%, PRY is in the better half of the industry, outperforming 64.81% of the companies in the same industry.
PRY had an Average Return On Invested Capital over the past 3 years of 8.58%. This is in line with the industry average of 9.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 12.1% | ||
| ROIC | 7.43% |
ROA(3y)3.49%
ROA(5y)3.01%
ROE(3y)12.87%
ROE(5y)11.72%
ROIC(3y)8.58%
ROIC(5y)7.57%
1.3 Margins
PRY's Profit Margin of 3.61% is fine compared to the rest of the industry. PRY outperforms 64.81% of its industry peers.
In the last couple of years the Profit Margin of PRY has grown nicely.
The Operating Margin of PRY (6.92%) is better than 62.96% of its industry peers.
PRY's Operating Margin has improved in the last couple of years.
PRY has a Gross Margin of 37.74%. This is comparable to the rest of the industry: PRY outperforms 55.56% of its industry peers.
In the last couple of years the Gross Margin of PRY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.92% | ||
| PM (TTM) | 3.61% | ||
| GM | 37.74% |
OM growth 3Y15.85%
OM growth 5Y14.11%
PM growth 3Y24.69%
PM growth 5Y43.11%
GM growth 3Y0.89%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PRY is creating some value.
PRY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PRY has been increased compared to 5 years ago.
Compared to 1 year ago, PRY has an improved debt to assets ratio.
2.2 Solvency
PRY has an Altman-Z score of 2.53. This is not the best score and indicates that PRY is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.53, PRY is doing good in the industry, outperforming 74.07% of the companies in the same industry.
The Debt to FCF ratio of PRY is 5.34, which is a neutral value as it means it would take PRY, 5.34 years of fcf income to pay off all of its debts.
PRY has a better Debt to FCF ratio (5.34) than 68.52% of its industry peers.
PRY has a Debt/Equity ratio of 1.00. This is a neutral value indicating PRY is somewhat dependend on debt financing.
PRY has a Debt to Equity ratio of 1.00. This is in the lower half of the industry: PRY underperforms 79.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 5.34 | ||
| Altman-Z | 2.53 |
ROIC/WACC1.02
WACC7.29%
2.3 Liquidity
A Current Ratio of 1.12 indicates that PRY should not have too much problems paying its short term obligations.
PRY has a Current ratio of 1.12. This is in the lower half of the industry: PRY underperforms 74.07% of its industry peers.
PRY has a Quick Ratio of 1.12. This is a bad value and indicates that PRY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.69, PRY is doing worse than 75.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for PRY have decreased strongly by -21.43% in the last year.
Measured over the past years, PRY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.05% on average per year.
PRY shows a small growth in Revenue. In the last year, the Revenue has grown by 0.56%.
Measured over the past years, PRY shows a quite strong growth in Revenue. The Revenue has been growing by 8.73% on average per year.
EPS 1Y (TTM)-21.43%
EPS 3Y39.35%
EPS 5Y9.05%
EPS Q2Q%20.97%
Revenue 1Y (TTM)0.56%
Revenue growth 3Y15.3%
Revenue growth 5Y8.73%
Sales Q2Q%18.86%
3.2 Future
The Earnings Per Share is expected to grow by 27.92% on average over the next years. This is a very strong growth
Based on estimates for the next years, PRY will show a small growth in Revenue. The Revenue will grow by 7.19% on average per year.
EPS Next Y75.89%
EPS Next 2Y46.94%
EPS Next 3Y34.06%
EPS Next 5Y27.92%
Revenue Next Year7.52%
Revenue Next 2Y10.83%
Revenue Next 3Y9.14%
Revenue Next 5Y7.19%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.57, the valuation of PRY can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PRY is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PRY to the average of the S&P500 Index (28.47), we can say PRY is valued inline with the index average.
With a Price/Forward Earnings ratio of 15.80, PRY is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as PRY.
PRY is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.57 | ||
| Fwd PE | 15.8 |
4.2 Price Multiples
PRY's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRY indicates a somewhat cheap valuation: PRY is cheaper than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.67 | ||
| EV/EBITDA | 14.04 |
4.3 Compensation for Growth
PRY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PRY may justify a higher PE ratio.
A more expensive valuation may be justified as PRY's earnings are expected to grow with 34.06% in the coming years.
PEG (NY)0.44
PEG (5Y)3.71
EPS Next 2Y46.94%
EPS Next 3Y34.06%
5. Dividend
5.1 Amount
PRY has a Yearly Dividend Yield of 1.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.14, PRY pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.05, PRY pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
5.2 History
The dividend of PRY is nicely growing with an annual growth rate of 6.16%!
Dividend Growth(5Y)6.16%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
34.90% of the earnings are spent on dividend by PRY. This is a low number and sustainable payout ratio.
PRY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP34.9%
EPS Next 2Y46.94%
EPS Next 3Y34.06%
PRYSMIAN SPA
BIT:PRY (2/5/2025, 5:35:15 PM)
62.78
-1.3 (-2.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners72.57%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap18.57B
Analysts77.5
Price Target72.35 (15.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
Yearly Dividend0.59
Dividend Growth(5Y)6.16%
DP34.9%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.58%
Min EPS beat(2)-18.84%
Max EPS beat(2)-8.32%
EPS beat(4)0
Avg EPS beat(4)-47.42%
Min EPS beat(4)-155.69%
Max EPS beat(4)-6.81%
EPS beat(8)2
Avg EPS beat(8)-26.71%
EPS beat(12)5
Avg EPS beat(12)-17.68%
EPS beat(16)6
Avg EPS beat(16)-15.82%
Revenue beat(2)2
Avg Revenue beat(2)1.54%
Min Revenue beat(2)1.5%
Max Revenue beat(2)1.57%
Revenue beat(4)2
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-5.72%
Max Revenue beat(4)1.57%
Revenue beat(8)4
Avg Revenue beat(8)-1.32%
Revenue beat(12)8
Avg Revenue beat(12)2.38%
Revenue beat(16)11
Avg Revenue beat(16)2.23%
PT rev (1m)0.55%
PT rev (3m)5.38%
EPS NQ rev (1m)4.35%
EPS NQ rev (3m)-20%
EPS NY rev (1m)0.1%
EPS NY rev (3m)2.11%
Revenue NQ rev (1m)2.53%
Revenue NQ rev (3m)13.74%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.57 | ||
| Fwd PE | 15.8 | ||
| P/S | 1.17 | ||
| P/FCF | 17.67 | ||
| P/OCF | 9.89 | ||
| P/B | 3.92 | ||
| P/tB | 113.23 | ||
| EV/EBITDA | 14.04 |
EPS(TTM)1.87
EY2.98%
EPS(NY)3.97
Fwd EY6.33%
FCF(TTM)3.55
FCFY5.66%
OCF(TTM)6.35
OCFY10.11%
SpS53.72
BVpS16
TBVpS0.55
PEG (NY)0.44
PEG (5Y)3.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 12.1% | ||
| ROCE | 10.58% | ||
| ROIC | 7.43% | ||
| ROICexc | 7.85% | ||
| ROICexgc | 14.65% | ||
| OM | 6.92% | ||
| PM (TTM) | 3.61% | ||
| GM | 37.74% | ||
| FCFM | 6.61% |
ROA(3y)3.49%
ROA(5y)3.01%
ROE(3y)12.87%
ROE(5y)11.72%
ROIC(3y)8.58%
ROIC(5y)7.57%
ROICexc(3y)11.57%
ROICexc(5y)9.9%
ROICexgc(3y)19.82%
ROICexgc(5y)16.82%
ROCE(3y)12.22%
ROCE(5y)10.78%
ROICexcg growth 3Y30.55%
ROICexcg growth 5Y22.97%
ROICexc growth 3Y31.1%
ROICexc growth 5Y23.83%
OM growth 3Y15.85%
OM growth 5Y14.11%
PM growth 3Y24.69%
PM growth 5Y43.11%
GM growth 3Y0.89%
GM growth 5Y1.53%
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 5.34 | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 135.63% | ||
| Cap/Sales | 5.2% | ||
| Interest Coverage | 5.61 | ||
| Cash Conversion | 109.83% | ||
| Profit Quality | 183.42% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 2.53 |
F-Score5
WACC7.29%
ROIC/WACC1.02
Cap/Depr(3y)105.92%
Cap/Depr(5y)94.82%
Cap/Sales(3y)3.04%
Cap/Sales(5y)2.81%
Profit Quality(3y)141.99%
Profit Quality(5y)169.7%
High Growth Momentum
Growth
EPS 1Y (TTM)-21.43%
EPS 3Y39.35%
EPS 5Y9.05%
EPS Q2Q%20.97%
EPS Next Y75.89%
EPS Next 2Y46.94%
EPS Next 3Y34.06%
EPS Next 5Y27.92%
Revenue 1Y (TTM)0.56%
Revenue growth 3Y15.3%
Revenue growth 5Y8.73%
Sales Q2Q%18.86%
Revenue Next Year7.52%
Revenue Next 2Y10.83%
Revenue Next 3Y9.14%
Revenue Next 5Y7.19%
EBIT growth 1Y6.9%
EBIT growth 3Y33.57%
EBIT growth 5Y24.07%
EBIT Next Year57.77%
EBIT Next 3Y28.19%
EBIT Next 5Y20.21%
FCF growth 1Y139.41%
FCF growth 3Y21.37%
FCF growth 5Y34.94%
OCF growth 1Y149.6%
OCF growth 3Y26.17%
OCF growth 5Y25.11%