Umicore SA operates as a materials technology and recycling company worldwide. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Umicore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UMI is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UMI's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: UMI underperformed the Belgian Chemicals industry which returned 34.1% over the past year.
Return vs Market: UMI underperformed the Belgian Market which returned 28.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Umicore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid Business Growth Power Umicore's (EBR:UMI) Share Price Gain of 120%?
1 month ago | Simply Wall StUmicore (EBR:UMI) Is Reinvesting At Lower Rates Of Return
1 month ago | Simply Wall StWe Wouldn't Be Too Quick To Buy Umicore SA (EBR:UMI) Before It Goes Ex-Dividend
Is Umicore undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UMI (€48.96) is trading above our estimate of fair value (€30.87)
Significantly Below Fair Value: UMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UMI is poor value based on its PE Ratio (90.2x) compared to the European Chemicals industry average (24.1x).
PE vs Market: UMI is poor value based on its PE Ratio (90.2x) compared to the Belgian market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: UMI is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: UMI is overvalued based on its PB Ratio (4.6x) compared to the BE Chemicals industry average (2x).
How is Umicore forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UMI's forecast earnings growth (20% per year) is above the savings rate (1.2%).
Earnings vs Market: UMI's earnings (20% per year) are forecast to grow faster than the Belgian market (16.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UMI's revenue is expected to decline over the next 3 years (-50.1% per year).
High Growth Revenue: UMI's revenue is forecast to decline over the next 3 years (-50.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UMI's Return on Equity is forecast to be low in 3 years time (16.6%).
How has Umicore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UMI has a large one-off loss of €91.5M impacting its December 31 2020 financial results.
Growing Profit Margin: UMI's current net profit margins (0.6%) are lower than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: UMI's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: UMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UMI had negative earnings growth (-54.6%) over the past year, making it difficult to compare to the Chemicals industry average (9.4%).
Return on Equity
High ROE: UMI's Return on Equity (5.2%) is considered low.
How is Umicore's financial position?
Financial Position Analysis
Short Term Liabilities: UMI's short term assets (€5.4B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: UMI's short term assets (€5.4B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: UMI's debt to equity ratio (90.4%) is considered high.
Reducing Debt: UMI's debt to equity ratio has increased from 23% to 90.4% over the past 5 years.
Debt Coverage: UMI's debt is well covered by operating cash flow (22.3%).
Interest Coverage: UMI's interest payments on its debt are well covered by EBIT (7.3x coverage).
What is Umicore current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UMI's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.56%).
High Dividend: UMI's dividend (1.53%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).
Stability and Growth of Payments
Stable Dividend: UMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: UMI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (138.2%), UMI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UMI's dividends in 3 years are forecast to be well covered by earnings (35.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc Grynberg (55 yo)
Mr. Marc Grynberg has been the Chief Executive Officer of Umicore S.A. since November 2008 and has been its Member of Management Board since April 30, 2020 and had been its Executive Director since Novembe...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD3.39M) is above average for companies of similar size in the Belgian market ($USD2.25M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
Experienced Management: UMI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: UMI's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Umicore SA's company bio, employee growth, exchange listings and data sources
- Name: Umicore SA
- Ticker: UMI
- Exchange: ENXTBR
- Founded: 1805
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: €11.783b
- Shares outstanding: 240.67m
- Website: https://www.umicore.com
Number of Employees
- Umicore SA
- Rue du Marais 31 Broekstraat
Umicore SA operates as a materials technology and recycling company worldwide. The company operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment produces ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/23 21:34|
|End of Day Share Price||2021/06/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.