PRYSMIAN SPA (PRY.MI) Stock Fundamental Analysis
BIT:PRY - Euronext Milan - IT0004176001 - Common Stock - Currency: EUR
PRY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 53 industry peers in the Electrical Equipment industry. PRY scores excellent on profitability, but there are concerns on its financial health. PRY may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
PRY had positive earnings in the past year.
In the past year PRY had a positive cash flow from operations.
PRY had positive earnings in each of the past 5 years.
PRY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PRY has a Return On Assets of 4.01%. This is in the better half of the industry: PRY outperforms 69.81% of its industry peers.
Looking at the Return On Equity, with a value of 14.33%, PRY belongs to the top of the industry, outperforming 81.13% of the companies in the same industry.
PRY has a better Return On Invested Capital (7.64%) than 69.81% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRY is in line with the industry average of 8.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 14.33% | ||
| ROIC | 7.64% |
ROA(3y)3.98%
ROA(5y)3.26%
ROE(3y)14.13%
ROE(5y)12.17%
ROIC(3y)9.46%
ROIC(5y)8.13%
1.3 Margins
Looking at the Profit Margin, with a value of 4.28%, PRY is in the better half of the industry, outperforming 69.81% of the companies in the same industry.
PRY's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 6.99%, PRY is in the better half of the industry, outperforming 64.15% of the companies in the same industry.
In the last couple of years the Operating Margin of PRY has grown nicely.
PRY has a Gross Margin of 36.92%. This is comparable to the rest of the industry: PRY outperforms 52.83% of its industry peers.
PRY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.99% | ||
| PM (TTM) | 4.28% | ||
| GM | 36.92% |
OM growth 3Y16.91%
OM growth 5Y6.08%
PM growth 3Y20.98%
PM growth 5Y11.05%
GM growth 3Y5.02%
GM growth 5Y-0.15%
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.
The number of shares outstanding for PRY has been increased compared to 1 year ago.
The number of shares outstanding for PRY has been increased compared to 5 years ago.
The debt/assets ratio for PRY is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.22 indicates that PRY is not a great score, but indicates only limited risk for bankruptcy at the moment.
PRY has a Altman-Z score of 2.22. This is in the better half of the industry: PRY outperforms 69.81% of its industry peers.
The Debt to FCF ratio of PRY is 4.75, which is a neutral value as it means it would take PRY, 4.75 years of fcf income to pay off all of its debts.
PRY has a better Debt to FCF ratio (4.75) than 64.15% of its industry peers.
A Debt/Equity ratio of 1.01 is on the high side and indicates that PRY has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.01, PRY is doing worse than 81.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 4.75 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.96
WACC7.94%
2.3 Liquidity
PRY has a Current Ratio of 1.15. This is a normal value and indicates that PRY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.15, PRY is not doing good in the industry: 71.70% of the companies in the same industry are doing better.
PRY has a Quick Ratio of 1.15. This is a bad value and indicates that PRY is not financially healthy enough and could expect problems in meeting its short term obligations.
PRY's Quick ratio of 0.72 is on the low side compared to the rest of the industry. PRY is outperformed by 73.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.96% over the past year.
PRY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.50% yearly.
PRY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.89%.
Measured over the past years, PRY shows a quite strong growth in Revenue. The Revenue has been growing by 8.13% on average per year.
EPS 1Y (TTM)36.96%
EPS 3Y29.14%
EPS 5Y11.5%
EPS Q2Q%240.74%
Revenue 1Y (TTM)10.89%
Revenue growth 3Y10.16%
Revenue growth 5Y8.13%
Sales Q2Q%32.16%
3.2 Future
The Earnings Per Share is expected to grow by 17.60% on average over the next years. This is quite good.
PRY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.74% yearly.
EPS Next Y42.3%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
EPS Next 5Y17.6%
Revenue Next Year15.27%
Revenue Next 2Y10.37%
Revenue Next 3Y8.6%
Revenue Next 5Y6.74%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.92, PRY is valued correctly.
71.70% of the companies in the same industry are more expensive than PRY, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.63. PRY is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.89 indicates a reasonable valuation of PRY.
Based on the Price/Forward Earnings ratio, PRY is valued a bit cheaper than 71.70% of the companies in the same industry.
PRY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.92 | ||
| Fwd PE | 11.89 |
4.2 Price Multiples
62.26% of the companies in the same industry are more expensive than PRY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PRY is valued a bit cheaper than the industry average as 79.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.07 | ||
| EV/EBITDA | 10.35 |
4.3 Compensation for Growth
The 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.
PRY's earnings are expected to grow with 22.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)1.47
EPS Next 2Y27.26%
EPS Next 3Y22.85%
5. Dividend
5.1 Amount
PRY has a Yearly Dividend Yield of 1.78%.
In the last 3 months the price of PRY has falen by -34.55%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
PRY's Dividend Yield is a higher than the industry average which is at 2.98.
Compared to the average S&P500 Dividend Yield of 2.51, PRY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
The dividend of PRY is nicely growing with an annual growth rate of 9.79%!
Dividend Growth(5Y)9.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
27.71% 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.
DP27.71%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
BIT:PRY (4/22/2025, 5:35:30 PM)
42.65
-2.26 (-5.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners69.68%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap12.62B
Analysts80
Price Target70.96 (66.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.72
Dividend Growth(5Y)9.79%
DP27.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-35.97%
Min EPS beat(2)-53.09%
Max EPS beat(2)-18.84%
EPS beat(4)0
Avg EPS beat(4)-21.77%
Min EPS beat(4)-53.09%
Max EPS beat(4)-6.81%
EPS beat(8)2
Avg EPS beat(8)-28.28%
EPS beat(12)5
Avg EPS beat(12)-17.25%
EPS beat(16)6
Avg EPS beat(16)-17.61%
Revenue beat(2)2
Avg Revenue beat(2)2.63%
Min Revenue beat(2)1.5%
Max Revenue beat(2)3.76%
Revenue beat(4)3
Avg Revenue beat(4)1.22%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)3.76%
Revenue beat(8)4
Avg Revenue beat(8)-1.34%
Revenue beat(12)8
Avg Revenue beat(12)1.72%
Revenue beat(16)12
Avg Revenue beat(16)3.06%
PT rev (1m)-2.38%
PT rev (3m)-1.38%
EPS NQ rev (1m)-7.74%
EPS NQ rev (3m)-21.23%
EPS NY rev (1m)-9.72%
EPS NY rev (3m)-9.63%
Revenue NQ rev (1m)2.77%
Revenue NQ rev (3m)1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.92 | ||
| Fwd PE | 11.89 | ||
| P/S | 0.74 | ||
| P/FCF | 11.07 | ||
| P/OCF | 6.53 | ||
| P/B | 2.48 | ||
| P/tB | 73.35 | ||
| EV/EBITDA | 10.35 |
EPS(TTM)2.52
EY5.91%
EPS(NY)3.59
Fwd EY8.41%
FCF(TTM)3.85
FCFY9.04%
OCF(TTM)6.54
OCFY15.32%
SpS57.56
BVpS17.2
TBVpS0.58
PEG (NY)0.4
PEG (5Y)1.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 14.33% | ||
| ROCE | 10.34% | ||
| ROIC | 7.64% | ||
| ROICexc | 8.43% | ||
| ROICexgc | 15.94% | ||
| OM | 6.99% | ||
| PM (TTM) | 4.28% | ||
| GM | 36.92% | ||
| FCFM | 6.7% |
ROA(3y)3.98%
ROA(5y)3.26%
ROE(3y)14.13%
ROE(5y)12.17%
ROIC(3y)9.46%
ROIC(5y)8.13%
ROICexc(3y)11.88%
ROICexc(5y)10.44%
ROICexgc(3y)20.2%
ROICexgc(5y)18.13%
ROCE(3y)12.8%
ROCE(5y)11%
ROICexcg growth 3Y-3.62%
ROICexcg growth 5Y2.72%
ROICexc growth 3Y-3.05%
ROICexc growth 5Y0.3%
OM growth 3Y16.91%
OM growth 5Y6.08%
PM growth 3Y20.98%
PM growth 5Y11.05%
GM growth 3Y5.02%
GM growth 5Y-0.15%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 4.75 | ||
| Debt/EBITDA | 3.04 | ||
| Cap/Depr | 155.8% | ||
| Cap/Sales | 4.66% | ||
| Interest Coverage | 4.74 | ||
| Cash Conversion | 113.77% | ||
| Profit Quality | 156.38% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.22 |
F-Score5
WACC7.94%
ROIC/WACC0.96
Cap/Depr(3y)129.18%
Cap/Depr(5y)110.84%
Cap/Sales(3y)3.85%
Cap/Sales(5y)3.28%
Profit Quality(3y)140.66%
Profit Quality(5y)166.25%
High Growth Momentum
Growth
EPS 1Y (TTM)36.96%
EPS 3Y29.14%
EPS 5Y11.5%
EPS Q2Q%240.74%
EPS Next Y42.3%
EPS Next 2Y27.26%
EPS Next 3Y22.85%
EPS Next 5Y17.6%
Revenue 1Y (TTM)10.89%
Revenue growth 3Y10.16%
Revenue growth 5Y8.13%
Sales Q2Q%32.16%
Revenue Next Year15.27%
Revenue Next 2Y10.37%
Revenue Next 3Y8.6%
Revenue Next 5Y6.74%
EBIT growth 1Y14.98%
EBIT growth 3Y28.79%
EBIT growth 5Y14.71%
EBIT Next Year58.94%
EBIT Next 3Y23.27%
EBIT Next 5Y17.42%
FCF growth 1Y43.94%
FCF growth 3Y32.15%
FCF growth 5Y17.59%
OCF growth 1Y36.51%
OCF growth 3Y35.5%
OCF growth 5Y20.06%