| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
NK Stock Overview
Imerys S.A. provides mineral-based specialty solutions for various industries worldwide.
Imerys Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €40.58 |
| 52 Week High | €46.82 |
| 52 Week Low | €32.88 |
| Beta | 2.04 |
| 1 Month Change | 18.03% |
| 3 Month Change | 8.16% |
| 1 Year Change | -5.41% |
| 3 Year Change | -12.05% |
| 5 Year Change | -46.61% |
| Change since IPO | 260.70% |
Recent News & Updates
Is Imerys (EPA:NK) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is Now The Time To Put Imerys (EPA:NK) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Here's Why Imerys (EPA:NK) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| NK | FR Basic Materials | FR Market | |
|---|---|---|---|
| 7D | 6.7% | -2.3% | -0.5% |
| 1Y | -5.4% | 8.3% | 22.6% |
Return vs Industry: NK underperformed the French Basic Materials industry which returned 8.9% over the past year.
Return vs Market: NK underperformed the French Market which returned 23.7% over the past year.
Price Volatility
| NK volatility | |
|---|---|
| NK Average Weekly Movement | 3.1% |
| Basic Materials Industry Average Movement | 3.8% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in FR Market | 9.7% |
| 10% least volatile stocks in FR Market | 2.5% |
Stable Share Price: NK is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NK's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1880 | 16,303 | Alessandro Dazza | https://www.imerys.com |
Imerys S.A. provides mineral-based specialty solutions for various industries worldwide. The company operates through Performance Minerals and High Temperature Solutions segments. It provides additives for interior decorative paints, as well as marine protection, facade coating, can coating, etc.; rubber, tires, medical rubber, and cables; and adhesives and sealants.
Imerys Fundamentals Summary
| NK fundamental statistics | |
|---|---|
| Market Cap | €3.44b |
| Earnings (TTM) | €151.10m |
| Revenue (TTM) | €4.25b |
22.8x
P/E Ratio0.8x
P/S RatioIs NK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NK income statement (TTM) | |
|---|---|
| Revenue | €4.25b |
| Cost of Revenue | €1.41b |
| Gross Profit | €2.84b |
| Expenses | €2.69b |
| Earnings | €151.10m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 17, 2022
| Earnings per share (EPS) | 1.78 |
| Gross Margin | 66.82% |
| Net Profit Margin | 3.56% |
| Debt/Equity Ratio | 71.5% |
How did NK perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield64%
Payout RatioValuation
Is Imerys undervalued compared to its fair value and its price relative to the market?
44.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NK (€40.58) is trading below our estimate of fair value (€73.01)
Significantly Below Fair Value: NK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NK is poor value based on its PE Ratio (22.8x) compared to the European Basic Materials industry average (16.4x).
PE vs Market: NK is poor value based on its PE Ratio (22.8x) compared to the French market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: NK is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: NK is good value based on its PB Ratio (1.1x) compared to the XE Basic Materials industry average (1.6x).
Future Growth
How is Imerys forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
15.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NK's forecast earnings growth (15.5% per year) is above the savings rate (0.3%).
Earnings vs Market: NK's earnings (15.5% per year) are forecast to grow faster than the French market (11.7% per year).
High Growth Earnings: NK's earnings are forecast to grow, but not significantly.
Revenue vs Market: NK's revenue (4.2% per year) is forecast to grow slower than the French market (6.2% per year).
High Growth Revenue: NK's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NK's Return on Equity is forecast to be low in 3 years time (9.1%).
Past Performance
How has Imerys performed over the past 5 years?
-26.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NK has a large one-off loss of €154.1M impacting its September 30 2021 financial results.
Growing Profit Margin: NK's current net profit margins (3.6%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: NK's earnings have declined by 26.2% per year over the past 5 years.
Accelerating Growth: NK's earnings growth over the past year (168.9%) exceeds its 5-year average (-26.2% per year).
Earnings vs Industry: NK earnings growth over the past year (168.9%) exceeded the Basic Materials industry 33%.
Return on Equity
High ROE: NK's Return on Equity (5.2%) is considered low.
Financial Health
How is Imerys's financial position?
Financial Position Analysis
Short Term Liabilities: NK's short term assets (€2.4B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: NK's short term assets (€2.4B) do not cover its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: NK's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: NK's debt to equity ratio has reduced from 89.4% to 71.5% over the past 5 years.
Debt Coverage: NK's debt is well covered by operating cash flow (22.4%).
Interest Coverage: NK's interest payments on its debt are well covered by EBIT (14.5x coverage).
Balance Sheet
Dividend
What is Imerys's current dividend yield, its reliability and sustainability?
2.83%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NK's dividend (2.83%) is higher than the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: NK's dividend (2.83%) is low compared to the top 25% of dividend payers in the French market (3.88%).
Stability and Growth of Payments
Stable Dividend: NK's dividend payments have been volatile in the past 10 years.
Growing Dividend: NK's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.5%), NK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NK's dividends in 3 years are forecast to be covered by earnings (50.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Alessandro Dazza (50 yo)
1.92yrs
Tenure
€4,207,290
Compensation
Mr. Alessandro Dazza served as Chief Executive Officer of Flexible Packaging and Engineered Materials at Mondi plc since 2019 until 2020. He served as Chief Executive Officer of Fibre Packaging/Converting...
CEO Compensation Analysis
Compensation vs Market: Alessandro's total compensation ($USD4.77M) is above average for companies of similar size in the French market ($USD1.42M).
Compensation vs Earnings: Insufficient data to compare Alessandro's compensation with company performance.
Leadership Team
Experienced Management: NK's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: NK's board of directors are considered experienced (4.9 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Imerys S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Imerys S.A.
- Ticker: NK
- Exchange: ENXTPA
- Founded: 1880
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: €3.438b
- Shares outstanding: 84.73m
- Website: https://www.imerys.com
Number of Employees
Location
- Imerys S.A.
- 43 Quai de Grenelle
- Paris
- Ile-de-France
- 75015
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 21:16 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.