Imerys S.A. provides mineral-based specialties various industries worldwide. More Details
+ 1 more risk
Adequate balance sheet and fair value.
Share Price & News
How has Imerys's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NK is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NK's weekly volatility (4%) has been stable over the past year.
7 Day Return
FR Basic Materials
1 Year Return
FR Basic Materials
Return vs Industry: NK exceeded the French Basic Materials industry which returned 55% over the past year.
Return vs Market: NK exceeded the French Market which returned 40.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Imerys's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDon't Buy Imerys S.A. (EPA:NK) For Its Next Dividend Without Doing These Checks
1 month ago | Simply Wall StIs Imerys (EPA:NK) Using Too Much Debt?
1 month ago | Simply Wall StShould Imerys S.A. (EPA:NK) Be Part Of Your Income Portfolio?
Is Imerys undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NK (€44.94) is trading below our estimate of fair value (€58.7)
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 (64.7x) compared to the European Basic Materials industry average (18.6x).
PE vs Market: NK is poor value based on its PE Ratio (64.7x) compared to the French market (23x).
Price to Earnings Growth Ratio
PEG Ratio: NK is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: NK is good value based on its PB Ratio (1.3x) compared to the XE Basic Materials industry average (1.5x).
How is Imerys forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NK's forecast earnings growth (26.8% per year) is above the savings rate (0.4%).
Earnings vs Market: NK's earnings (26.8% per year) are forecast to grow faster than the French market (19.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NK's revenue (5% per year) is forecast to grow slower than the French market (6.8% per year).
High Growth Revenue: NK's revenue (5% 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%).
How has Imerys performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NK has a large one-off loss of €156.6M impacting its March 31 2021 financial results.
Growing Profit Margin: NK's current net profit margins (1.5%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: NK's earnings have declined by 27.4% per year over the past 5 years.
Accelerating Growth: NK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NK had negative earnings growth (-40.7%) over the past year, making it difficult to compare to the Basic Materials industry average (-7.7%).
Return on Equity
High ROE: NK's Return on Equity (2.1%) is considered low.
How is Imerys's financial position?
Financial Position Analysis
Short Term Liabilities: NK's short term assets (€2.1B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: NK's short term assets (€2.1B) do not cover its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: NK's debt to equity ratio (66.3%) is considered high.
Reducing Debt: NK's debt to equity ratio has reduced from 72.3% to 66.3% over the past 5 years.
Debt Coverage: NK's debt is well covered by operating cash flow (31.1%).
Interest Coverage: NK's interest payments on its debt are well covered by EBIT (7.7x coverage).
What is Imerys's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NK's dividend (2.56%) is higher than the bottom 25% of dividend payers in the French market (1.35%).
High Dividend: NK's dividend (2.56%) is low compared to the top 25% of dividend payers in the French market (3.95%).
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 high payout ratio (165.5%), NK's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NK's dividends in 3 years are forecast to be covered by earnings (55% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alessandro Dazza (49 yo)
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 ...
Experienced Management: NK's management team is considered experienced (2.5 years average tenure).
Experienced Board: NK's board of directors are considered experienced (5.2 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 7.5%.
Imerys S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Imerys S.A.
- Ticker: NK
- Exchange: ENXTPA
- Founded: 1880
- Industry: Construction Materials
- Sector: Materials
- Market Cap: €3.808b
- Shares outstanding: 84.73m
- Website: https://www.imerys.com
Number of Employees
- Imerys S.A.
- 43 Quai de Grenelle
Imerys S.A. provides mineral-based specialties various industries worldwide. The company operates through Energy Solutions & Specialties, Filtration & Performance Additives, Ceramic Materials, and High Res...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 19:37|
|End of Day Share Price||2021/05/12 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.