Koninklijke Philips
Market Cap
€40.8b
Last Updated
2021/06/14 22:26 UTC
Data Sources
Company Financials +
Executive Summary
Koninklijke Philips N.V. operates as a health technology company in North America, Greater China, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Koninklijke Philips's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PHIA is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PHIA's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.4%
PHIA
1.3%
NL Medical Equipment
1.3%
NL Market
1 Year Return
8.5%
PHIA
23.0%
NL Medical Equipment
35.5%
NL Market
Return vs Industry: PHIA underperformed the Dutch Medical Equipment industry which returned 24.5% over the past year.
Return vs Market: PHIA underperformed the Dutch Market which returned 35.6% over the past year.
Shareholder returns
| PHIA | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | 1.3% | 1.3% |
| 30 Day | -3.9% | 5.3% | 3.9% |
| 90 Day | -5.4% | 7.0% | 5.4% |
| 1 Year | 10.4%8.5% | 24.5%23.0% | 37.8%35.5% |
| 3 Year | 32.0%26.7% | 60.7%54.4% | 32.9%20.5% |
| 5 Year | 113.9%95.9% | 156.3%137.0% | 80.4%50.0% |
Long-Term Price Volatility Vs. Market
How volatile is Koninklijke Philips's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Koninklijke Philips (AMS:PHIA) Has A Pretty Healthy Balance Sheet3 weeks ago | Simply Wall St
Should You Be Adding Koninklijke Philips (AMS:PHIA) To Your Watchlist Today?1 month ago | Simply Wall St
Here's What We Like About Koninklijke Philips' (AMS:PHIA) Upcoming DividendValuation
Is Koninklijke Philips undervalued compared to its fair value and its price relative to the market?
42.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PHIA (€46.38) is trading below our estimate of fair value (€77.11)
Significantly Below Fair Value: PHIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PHIA is good value based on its PE Ratio (36.7x) compared to the European Medical Equipment industry average (36.9x).
PE vs Market: PHIA is poor value based on its PE Ratio (36.7x) compared to the Dutch market (29.4x).
Price to Earnings Growth Ratio
PEG Ratio: PHIA is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: PHIA is good value based on its PB Ratio (3.5x) compared to the XE Medical Equipment industry average (5.4x).
Future Growth
How is Koninklijke Philips forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PHIA's forecast earnings growth (17.1% per year) is above the savings rate (0.1%).
Earnings vs Market: PHIA's earnings (17.1% per year) are forecast to grow slower than the Dutch market (17.4% per year).
High Growth Earnings: PHIA's earnings are forecast to grow, but not significantly.
Revenue vs Market: PHIA's revenue (5.1% per year) is forecast to grow slower than the Dutch market (6.4% per year).
High Growth Revenue: PHIA's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PHIA's Return on Equity is forecast to be low in 3 years time (14%).
Past Performance
How has Koninklijke Philips performed over the past 5 years?
17.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PHIA has high quality earnings.
Growing Profit Margin: PHIA's current net profit margins (5.8%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: PHIA's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: PHIA's earnings growth over the past year (8.7%) is below its 5-year average (17.4% per year).
Earnings vs Industry: PHIA earnings growth over the past year (8.7%) underperformed the Medical Equipment industry 21.1%.
Return on Equity
High ROE: PHIA's Return on Equity (9.7%) is considered low.
Financial Health
How is Koninklijke Philips's financial position?
Financial Position Analysis
Short Term Liabilities: PHIA's short term assets (€11.2B) exceed its short term liabilities (€7.7B).
Long Term Liabilities: PHIA's short term assets (€11.2B) exceed its long term liabilities (€8.1B).
Debt to Equity History and Analysis
Debt Level: PHIA's debt to equity ratio (48.1%) is considered high.
Reducing Debt: PHIA's debt to equity ratio has increased from 48% to 48.1% over the past 5 years.
Debt Coverage: PHIA's debt is well covered by operating cash flow (47%).
Interest Coverage: PHIA's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
Dividend
What is Koninklijke Philips's current dividend yield, its reliability and sustainability?
1.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PHIA's dividend (1.83%) is higher than the bottom 25% of dividend payers in the Dutch market (1.57%).
High Dividend: PHIA's dividend (1.83%) is low compared to the top 25% of dividend payers in the Dutch market (4.45%).
Stability and Growth of Payments
Stable Dividend: PHIA's dividend payments have been volatile in the past 10 years.
Growing Dividend: PHIA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.2%), PHIA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PHIA's dividends in 3 years are forecast to be well covered by earnings (44.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Frans van Houten (61 yo)
10.17yrs
Tenure
€6,153,066
Compensation
Mr. François Adrianus van Houten, also known as Frans, has been the Chief Executive Officer and Chairman of Management Board of Royal Philips at Philips India Limited since April 2011. Mr. van Houten serve...
CEO Compensation Analysis
Compensation vs Market: Frans's total compensation ($USD7.44M) is above average for companies of similar size in the Dutch market ($USD3.19M).
Compensation vs Earnings: Frans's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PHIA's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: PHIA's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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
Koninklijke Philips N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Koninklijke Philips N.V.
- Ticker: PHIA
- Exchange: ENXTAM
- Founded: 1891
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: €40.778b
- Shares outstanding: 917.40m
- Website: https://www.philips.com
Number of Employees
Location
- Koninklijke Philips N.V.
- Philips Center
- Amstelplein 2
- Amsterdam
- Noord-Holland
- 1096 BC
- Netherlands
Listings
Biography
Koninklijke Philips N.V. operates as a health technology company in North America, Greater China, and internationally. It operates through Diagnosis & Treatment, Connected Care, and Personal Health segment...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/14 22:26 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| 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.