UMICORE (UMI.BR) Stock Fundamental Analysis
EBR:UMI - Euronext Brussels - BE0974320526 - Common Stock - Currency: EUR
UMI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 60 industry peers in the Chemicals industry. There are concerns on the financial health of UMI while its profitability can be described as average. UMI has a valuation in line with the averages, but on the other hand it scores bad on growth. UMI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year UMI was profitable.
In the past year UMI had a positive cash flow from operations.
In the past 5 years UMI has always been profitable.
UMI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UMI has a better Return On Assets (3.86%) than 66.67% of its industry peers.
UMI has a Return On Equity of 10.52%. This is in the better half of the industry: UMI outperforms 75.44% of its industry peers.
UMI has a Return On Invested Capital of 7.37%. This is in the better half of the industry: UMI outperforms 77.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UMI is above the industry average of 6.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 10.52% | ||
| ROIC | 7.37% |
ROA(3y)5.48%
ROA(5y)4.42%
ROE(3y)15.54%
ROE(5y)12.57%
ROIC(3y)10.16%
ROIC(5y)8.82%
1.3 Margins
UMI has a Profit Margin (2.11%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of UMI has declined.
UMI has a Operating Margin (3.23%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of UMI has remained more or less at the same level.
With a Gross Margin value of 8.24%, UMI is not doing good in the industry: 84.21% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of UMI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.23% | ||
| PM (TTM) | 2.11% | ||
| GM | 8.24% |
OM growth 3Y19.34%
OM growth 5Y-0.8%
PM growth 3Y49.37%
PM growth 5Y-1.82%
GM growth 3Y13.74%
GM growth 5Y-1.13%
2. Health
2.1 Basic Checks
UMI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
UMI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, UMI has less shares outstanding
Compared to 1 year ago, UMI has a worse debt to assets ratio.
2.2 Solvency
UMI has an Altman-Z score of 2.90. This is not the best score and indicates that UMI is in the grey zone with still only limited risk for bankruptcy at the moment.
UMI has a Altman-Z score of 2.90. This is in the better half of the industry: UMI outperforms 73.68% of its industry peers.
UMI has a debt to FCF ratio of 17.40. This is a negative value and a sign of low solvency as UMI would need 17.40 years to pay back of all of its debts.
UMI has a Debt to FCF ratio of 17.40. This is comparable to the rest of the industry: UMI outperforms 49.12% of its industry peers.
UMI has a Debt/Equity ratio of 0.55. This is a neutral value indicating UMI is somewhat dependend on debt financing.
UMI has a Debt to Equity ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 17.4 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.29
WACC5.7%
2.3 Liquidity
A Current Ratio of 1.62 indicates that UMI should not have too much problems paying its short term obligations.
UMI's Current ratio of 1.62 is on the low side compared to the rest of the industry. UMI is outperformed by 64.91% of its industry peers.
UMI has a Quick Ratio of 1.62. This is a bad value and indicates that UMI is not financially healthy enough and could expect problems in meeting its short term obligations.
UMI has a Quick ratio of 0.82. This is amonst the worse of the industry: UMI underperforms 82.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
UMI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.29%.
Measured over the past 5 years, UMI shows a small growth in Earnings Per Share. The EPS has been growing by 4.10% on average per year.
The Revenue for UMI has decreased by -30.40% in the past year. This is quite bad
The Revenue has been growing slightly by 5.90% on average over the past years.
EPS 1Y (TTM)-34.29%
EPS 3Y11.55%
EPS 5Y4.1%
EPS Q2Q%-49.48%
Revenue 1Y (TTM)-30.4%
Revenue growth 3Y-4.1%
Revenue growth 5Y5.9%
Sales Q2Q%-14.1%
3.2 Future
The Earnings Per Share is expected to decrease by -2.66% on average over the next years.
Based on estimates for the next years, UMI will show a decrease in Revenue. The Revenue will decrease by -1.69% on average per year.
EPS Next Y-40.91%
EPS Next 2Y-25.87%
EPS Next 3Y-15.82%
EPS Next 5Y-2.66%
Revenue Next Year-11.63%
Revenue Next 2Y-5.51%
Revenue Next 3Y-2.7%
Revenue Next 5Y-1.69%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.10, the valuation of UMI can be described as very cheap.
UMI's Price/Earnings ratio is rather cheap when compared to the industry. UMI is cheaper than 94.74% of the companies in the same industry.
When comparing the Price/Earnings ratio of UMI to the average of the S&P500 Index (28.47), we can say UMI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.58, the valuation of UMI can be described as reasonable.
Based on the Price/Forward Earnings ratio, UMI is valued cheaper than 92.98% of the companies in the same industry.
UMI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 9.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UMI is valued cheaper than 91.23% of the companies in the same industry.
75.44% of the companies in the same industry are more expensive than UMI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.28 | ||
| EV/EBITDA | 4.05 |
4.3 Compensation for Growth
A cheap valuation may be justified as UMI's earnings are expected to decrease with -15.82% in the coming years.
PEG (NY)N/A
PEG (5Y)1.73
EPS Next 2Y-25.87%
EPS Next 3Y-15.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.52%, UMI is a good candidate for dividend investing.
UMI's Dividend Yield is rather good when compared to the industry average which is at 3.94. UMI pays more dividend than 85.96% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, UMI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
5.2 History
The dividend of UMI has a limited annual growth rate of 1.00%.
Dividend Growth(5Y)1%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
UMI pays out 49.94% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.94%
EPS Next 2Y-25.87%
EPS Next 3Y-15.82%
UMICORE
EBR:UMI (2/4/2025, 7:00:00 PM)
9.795
+0.18 (+1.87%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners47.53%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.41B
Analysts54.4
Price Target13.84 (41.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Yearly Dividend0.8
Dividend Growth(5Y)1%
DP49.94%
Div Incr Years0
Div Non Decr Years4
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)-2.74%
PT rev (3m)-8.85%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.65%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 9.58 | ||
| P/S | 0.13 | ||
| P/FCF | 15.28 | ||
| P/OCF | 2.31 | ||
| P/B | 0.66 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 4.05 |
EPS(TTM)1.38
EY14.09%
EPS(NY)1.02
Fwd EY10.44%
FCF(TTM)0.64
FCFY6.54%
OCF(TTM)4.23
OCFY43.2%
SpS74.13
BVpS14.86
TBVpS13.31
PEG (NY)N/A
PEG (5Y)1.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 10.52% | ||
| ROCE | 9.27% | ||
| ROIC | 7.37% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 10.49% | ||
| OM | 3.23% | ||
| PM (TTM) | 2.11% | ||
| GM | 8.24% | ||
| FCFM | 0.86% |
ROA(3y)5.48%
ROA(5y)4.42%
ROE(3y)15.54%
ROE(5y)12.57%
ROIC(3y)10.16%
ROIC(5y)8.82%
ROICexc(3y)14.53%
ROICexc(5y)11.79%
ROICexgc(3y)15.79%
ROICexgc(5y)12.81%
ROCE(3y)13.89%
ROCE(5y)12.23%
ROICexcg growth 3Y19.44%
ROICexcg growth 5Y4.25%
ROICexc growth 3Y18.72%
ROICexc growth 5Y4.1%
OM growth 3Y19.34%
OM growth 5Y-0.8%
PM growth 3Y49.37%
PM growth 5Y-1.82%
GM growth 3Y13.74%
GM growth 5Y-1.13%
F-Score5
Asset Turnover1.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 17.4 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 296.37% | ||
| Cap/Sales | 4.84% | ||
| Interest Coverage | 6.98 | ||
| Cash Conversion | 117.26% | ||
| Profit Quality | 41.01% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 2.9 |
F-Score5
WACC5.7%
ROIC/WACC1.29
Cap/Depr(3y)205.73%
Cap/Depr(5y)204.13%
Cap/Sales(3y)2.84%
Cap/Sales(5y)2.79%
Profit Quality(3y)67.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.29%
EPS 3Y11.55%
EPS 5Y4.1%
EPS Q2Q%-49.48%
EPS Next Y-40.91%
EPS Next 2Y-25.87%
EPS Next 3Y-15.82%
EPS Next 5Y-2.66%
Revenue 1Y (TTM)-30.4%
Revenue growth 3Y-4.1%
Revenue growth 5Y5.9%
Sales Q2Q%-14.1%
Revenue Next Year-11.63%
Revenue Next 2Y-5.51%
Revenue Next 3Y-2.7%
Revenue Next 5Y-1.69%
EBIT growth 1Y-27.85%
EBIT growth 3Y14.45%
EBIT growth 5Y5.05%
EBIT Next Year11.59%
EBIT Next 3Y6.72%
EBIT Next 5Y4.6%
FCF growth 1Y10.53%
FCF growth 3Y19.39%
FCF growth 5YN/A
OCF growth 1Y64.41%
OCF growth 3Y25.44%
OCF growth 5YN/A