Photocure ASA Fundamental Analysis
Photocure ASA (PHCUF) shows moderate financial fundamentals with a PE ratio of 18.45, profit margin of 12.56%, and ROE of 16.64%. The company generates $0.7B in annual revenue with weak year-over-year growth of 1.37%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 58.6/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze PHCUF's fundamental strength across five key dimensions:
Efficiency Score
ExcellentPHCUF demonstrates superior asset utilization.
Valuation Score
ExcellentPHCUF trades at attractive valuation levels.
Growth Score
ModeratePHCUF shows steady but slowing expansion.
Financial Health Score
ExcellentPHCUF maintains a strong and stable balance sheet.
Profitability Score
ModeratePHCUF maintains healthy but balanced margins.
Key Financial Metrics
Is PHCUF Expensive or Cheap?
P/E Ratio
PHCUF trades at 18.45 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, PHCUF's PEG of 0.00 indicates potential undervaluation.
Price to Book
The market values Photocure ASA at 2.69 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 8.68 times EBITDA. This is generally considered low.
How Well Does PHCUF Make Money?
Net Profit Margin
For every $100 in sales, Photocure ASA keeps $12.56 as profit after all expenses.
Operating Margin
Core operations generate 26.90 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $16.64 in profit for every $100 of shareholder equity.
ROA
Photocure ASA generates $10.72 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Photocure ASA generates limited operating cash flow of $27.99M, signaling weaker underlying cash strength.
Free Cash Flow
Photocure ASA produces free cash flow of $20.39M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $0.77 in free cash annually.
FCF Yield
PHCUF converts 1.31% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
18.45
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.00
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.69
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.32
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.00
vs 25 benchmark
Current Ratio
Current assets to current liabilities
4.79
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.17
vs 25 benchmark
ROA
Return on assets percentage
0.11
vs 25 benchmark
ROCE
Return on capital employed
0.26
vs 25 benchmark
How PHCUF Stacks Against Its Sector Peers
| Metric | PHCUF Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 18.45 | 29.17 | Better (Cheaper) |
| ROE | 16.64% | 726.00% | Weak |
| Net Margin | 12.56% | -51411.00% (disorted) | Strong |
| Debt/Equity | 0.00 | 0.49 | Strong (Low Leverage) |
| Current Ratio | 4.79 | 4.40 | Strong Liquidity |
| ROA | 10.72% | -21859.00% (disorted) | Strong |
PHCUF outperforms its industry in 5 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Photocure ASA's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
91.76%
Industry Style: Defensive, Growth, Innovation
High GrowthEPS CAGR
93.74%
Industry Style: Defensive, Growth, Innovation
High GrowthFCF CAGR
126.29%
Industry Style: Defensive, Growth, Innovation
High Growth