Summary

● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.

● For a short-term investment strategy, the company has poor fundamentals.


Strengths

● The group's high margin levels account for strong profits.

● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

● Its low valuation, with P/E ratio at 11.93 and 11.33 for the ongoing fiscal year and 2018 respectively, makes the stock pretty attractive with regard to earnings multiples.

● The company is one of the best yield companies with high dividend expectations.

● The stock is in a well-established, long-term rising trend above the technical support level at 78.25 EUR


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 85.

● The stock is close to a major daily resistance at EUR 85.8, which should be gotten rid of so as to gain new appreciation potential.

● According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

● For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

● For the last few months, analysts have been revising downwards their earnings forecast.