SIXT SE (SIX2.DE) Stock Fundamental Analysis
FRA:SIX2 - Deutsche Boerse Ag - DE0007231326 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to SIX2. SIX2 was compared to 12 industry peers in the Ground Transportation industry. SIX2 has an excellent financial health rating, but there are some minor concerns on its profitability. SIX2 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SIX2 had positive earnings in the past year.
In the past year SIX2 had a positive cash flow from operations.
Of the past 5 years SIX2 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: SIX2 reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.72%, SIX2 is in line with its industry, outperforming 58.33% of the companies in the same industry.
SIX2 has a Return On Equity (11.46%) which is comparable to the rest of the industry.
SIX2's Return On Invested Capital of 7.25% is fine compared to the rest of the industry. SIX2 outperforms 75.00% of its industry peers.
SIX2 had an Average Return On Invested Capital over the past 3 years of 9.49%. This is in line with the industry average of 8.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 11.46% | ||
| ROIC | 7.25% |
ROA(3y)5.29%
ROA(5y)4.41%
ROE(3y)15.89%
ROE(5y)12.65%
ROIC(3y)9.49%
ROIC(5y)N/A
1.3 Margins
SIX2's Profit Margin of 6.09% is in line compared to the rest of the industry. SIX2 outperforms 58.33% of its industry peers.
SIX2's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 12.39%, SIX2 is doing good in the industry, outperforming 75.00% of the companies in the same industry.
SIX2's Operating Margin has declined in the last couple of years.
SIX2 has a Gross Margin of 77.09%. This is comparable to the rest of the industry: SIX2 outperforms 58.33% of its industry peers.
SIX2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.39% | ||
| PM (TTM) | 6.09% | ||
| GM | 77.09% |
OM growth 3Y-15.62%
OM growth 5Y-2.86%
PM growth 3Y-23.7%
PM growth 5Y-8.24%
GM growth 3Y-0.31%
GM growth 5Y0.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SIX2 is creating some value.
SIX2 has about the same amout of shares outstanding than it did 1 year ago.
SIX2 has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for SIX2 has been reduced compared to a year ago.
2.2 Solvency
SIX2 has an Altman-Z score of 2.45. This is not the best score and indicates that SIX2 is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.45, SIX2 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
SIX2 has a debt to FCF ratio of 3.12. This is a good value and a sign of high solvency as SIX2 would need 3.12 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.12, SIX2 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Debt/Equity ratio of 1.30 is on the high side and indicates that SIX2 has dependencies on debt financing.
SIX2's Debt to Equity ratio of 1.30 is in line compared to the rest of the industry. SIX2 outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.12
WACC6.48%
2.3 Liquidity
A Current Ratio of 3.28 indicates that SIX2 has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.28, SIX2 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Quick Ratio of 3.17 indicates that SIX2 has no problem at all paying its short term obligations.
The Quick ratio of SIX2 (3.17) is better than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.28 | ||
| Quick Ratio | 3.17 |
3. Growth
3.1 Past
The earnings per share for SIX2 have decreased strongly by -27.22% in the last year.
Measured over the past 5 years, SIX2 shows a small growth in Earnings Per Share. The EPS has been growing by 0.91% on average per year.
The Revenue has grown by 10.54% in the past year. This is quite good.
The Revenue has been growing by 9.86% on average over the past years. This is quite good.
EPS 1Y (TTM)-27.22%
EPS 3Y-7.99%
EPS 5Y0.91%
EPS Q2Q%20%
Revenue 1Y (TTM)10.54%
Revenue growth 3Y20.59%
Revenue growth 5Y9.86%
Sales Q2Q%10.91%
3.2 Future
The Earnings Per Share is expected to grow by 19.22% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.73% on average over the next years.
EPS Next Y36.22%
EPS Next 2Y25.7%
EPS Next 3Y19.22%
EPS Next 5YN/A
Revenue Next Year8.01%
Revenue Next 2Y7.41%
Revenue Next 3Y7.06%
Revenue Next 5Y5.73%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.06, the valuation of SIX2 can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as SIX2.
Compared to an average S&P500 Price/Earnings ratio of 28.87, SIX2 is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.79, which indicates a very decent valuation of SIX2.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SIX2 indicates a somewhat cheap valuation: SIX2 is cheaper than 66.67% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SIX2 to the average of the S&P500 Index (21.38), we can say SIX2 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 11.79 |
4.2 Price Multiples
SIX2's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SIX2 is cheaper than 75.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SIX2 indicates a rather cheap valuation: SIX2 is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.96 | ||
| EV/EBITDA | 4.65 |
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.
A more expensive valuation may be justified as SIX2's earnings are expected to grow with 19.22% in the coming years.
PEG (NY)0.44
PEG (5Y)17.67
EPS Next 2Y25.7%
EPS Next 3Y19.22%
5. Dividend
5.1 Amount
SIX2 has a Yearly Dividend Yield of 3.31%.
Compared to an average industry Dividend Yield of 2.93, SIX2 pays a better dividend. On top of this SIX2 pays more dividend than 83.33% of the companies listed in the same industry.
SIX2's Dividend Yield is a higher than the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
The dividend of SIX2 is nicely growing with an annual growth rate of 11.38%!
Dividend Growth(5Y)11.38%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
SIX2 pays out 75.20% of its income as dividend. This is not a sustainable payout ratio.
SIX2's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP75.2%
EPS Next 2Y25.7%
EPS Next 3Y19.22%
FRA:SIX2 (4/29/2025, 3:04:14 PM)
83.5
-0.05 (-0.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners15.68%
Inst Owner ChangeN/A
Ins Owners58.29%
Ins Owner ChangeN/A
Market Cap3.92B
Analysts86.67
Price Target101.63 (21.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend3.91
Dividend Growth(5Y)11.38%
DP75.2%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.19%
Min EPS beat(2)-2.54%
Max EPS beat(2)-1.83%
EPS beat(4)1
Avg EPS beat(4)-17.13%
Min EPS beat(4)-65.65%
Max EPS beat(4)1.49%
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)2
Avg Revenue beat(2)0.83%
Min Revenue beat(2)0.27%
Max Revenue beat(2)1.4%
Revenue beat(4)4
Avg Revenue beat(4)0.63%
Min Revenue beat(4)0.27%
Max Revenue beat(4)1.4%
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)5.28%
PT rev (3m)5.89%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.94%
EPS NY rev (3m)-2.55%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 11.79 | ||
| P/S | 0.98 | ||
| P/FCF | 3.96 | ||
| P/OCF | 3.63 | ||
| P/B | 1.84 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | 4.65 |
EPS(TTM)5.2
EY6.23%
EPS(NY)7.08
Fwd EY8.48%
FCF(TTM)21.09
FCFY25.26%
OCF(TTM)23
OCFY27.55%
SpS85.26
BVpS45.35
TBVpS43.56
PEG (NY)0.44
PEG (5Y)17.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 11.46% | ||
| ROCE | 10% | ||
| ROIC | 7.25% | ||
| ROICexc | 7.5% | ||
| ROICexgc | 7.63% | ||
| OM | 12.39% | ||
| PM (TTM) | 6.09% | ||
| GM | 77.09% | ||
| FCFM | 24.73% |
ROA(3y)5.29%
ROA(5y)4.41%
ROE(3y)15.89%
ROE(5y)12.65%
ROIC(3y)9.49%
ROIC(5y)N/A
ROICexc(3y)9.61%
ROICexc(5y)N/A
ROICexgc(3y)9.78%
ROICexgc(5y)N/A
ROCE(3y)13.25%
ROCE(5y)N/A
ROICexcg growth 3Y-11.76%
ROICexcg growth 5Y4.04%
ROICexc growth 3Y-11.83%
ROICexc growth 5Y3.98%
OM growth 3Y-15.62%
OM growth 5Y-2.86%
PM growth 3Y-23.7%
PM growth 5Y-8.24%
GM growth 3Y-0.31%
GM growth 5Y0.44%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 1.87 | ||
| Cap/Depr | 9.21% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | 3.31 | ||
| Cash Conversion | 73.35% | ||
| Profit Quality | 405.85% | ||
| Current Ratio | 3.28 | ||
| Quick Ratio | 3.17 | ||
| Altman-Z | 2.45 |
F-Score5
WACC6.48%
ROIC/WACC1.12
Cap/Depr(3y)12.33%
Cap/Depr(5y)10.26%
Cap/Sales(3y)2.48%
Cap/Sales(5y)2.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.22%
EPS 3Y-7.99%
EPS 5Y0.91%
EPS Q2Q%20%
EPS Next Y36.22%
EPS Next 2Y25.7%
EPS Next 3Y19.22%
EPS Next 5YN/A
Revenue 1Y (TTM)10.54%
Revenue growth 3Y20.59%
Revenue growth 5Y9.86%
Sales Q2Q%10.91%
Revenue Next Year8.01%
Revenue Next 2Y7.41%
Revenue Next 3Y7.06%
Revenue Next 5Y5.73%
EBIT growth 1Y-21.38%
EBIT growth 3Y1.76%
EBIT growth 5Y6.71%
EBIT Next Year208.14%
EBIT Next 3Y45.39%
EBIT Next 5YN/A
FCF growth 1Y754.14%
FCF growth 3Y182.03%
FCF growth 5YN/A
OCF growth 1Y1298.91%
OCF growth 3Y138.95%
OCF growth 5YN/A