Fluidra (FDR) AI Stock Analysis

• Market Cap: €4.51B
• Dividend Yield: 2.33%
• Average Volume (3M): 178.46K
• Price to Earnings (P/E): 27.9
• Beta (1Y): 0.89
• Revenue Growth: 5.95%
• EPS Growth: 32.84%
• Country: ES
• Employees: 6,328
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 0.56
• Shares Outstanding: 192,129,070
• 10 Day Avg. Volume: 147,056
• 30 Day Avg. Volume: 178,458
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €25.53
• Price Target Upside: 8.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 65 Neutral
• Price Target: €25.00 ▲(6.11% Upside)

Fluidra's overall stock score reflects stable financial performance and moderate technical signals. The high P/E ratio indicates a potentially overvalued stock, which, combined with the decline in free cash flow, suggests caution. The absence of earnings call data and corporate events limits further insights.

Fluidra Business Overview & Revenue Model

Company Description

Fluidra, S.A., together with its subsidiaries, manufactures and markets accessories and machineries for swimming pools, irrigation, and water treatment and purification for private and public customers worldwide. The company manufactures and distributes various components required for the construction, renovation, improvement, and maintenance of residential and commercial pools; markets fluid handling products and pool materials; and provides financial advisory services in the acquisition of shares. It also engages in the design, distribution, installation, and project management of fountains and ponds; marketing of pool materials; marketing of pool, water treatment, and irrigation products; export and import of various types of swimming-pool products; manufacture and distribution of plastic materials and plastic injection molds, as well as plastic parts for valves; manufacture and distribution of automatic pool covers; sale of bathroom equipment, plastic products, rubber products, and electronic products and metal materials, as well as the import and export of goods and technology; manufacture of chemical products and specialty products; and purchase and sale of sports and leisure equipment and related accessories. Fluidra, S.A. sells its products primarily under the Jandy, AstralPool, Polaris, Cepex, Zodiac, CTX Professional, and Gre brand names in approximately 47 countries. The company was formerly known as Aquaria de Inv. Corp., S.L. and changed its name to Fluidra, S.A. in September 2007. Fluidra, S.A. was founded in 1969 and is headquartered in Sant Cugat del Vallés, Spain.

How the Company Makes Money

Fluidra generates revenue through multiple key streams, primarily from the sale of pool and spa equipment, water treatment solutions, and related accessories. The company's revenue model is heavily reliant on both direct sales to consumers and business-to-business transactions with distributors, contractors, and retailers. Significant partnerships with industry players enhance its market reach and bolster sales. Additionally, Fluidra benefits from recurring revenue through the sale of maintenance services and consumables, such as chemicals and spare parts. The company's focus on innovation and sustainability also enables it to capture market share in the growing sectors of energy-efficient and environmentally-friendly pool solutions.

Fluidra Financial Statement Overview

Summary

Fluidra's financial performance is stable with consistent profitability and moderate revenue growth. The company has a healthy gross profit margin and manageable debt levels. However, the decline in free cash flow and slight dip in revenue from 2022 to 2023 are potential risks.

Income Statement

Fluidra's income statement shows solid profitability with a gross profit margin of 58.45% and a net profit margin of 6.46% for the latest year. The company has managed to increase its total revenue by 2.53% compared to the previous year, indicating modest growth. However, there was a decline in revenue from 2022 to 2023, which could be a concern. EBIT and EBITDA margins of 12.16% and 19.55% respectively reveal healthy operating efficiency, though they have slightly decreased compared to previous years.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.80, which is moderate and manageable. The equity ratio stands at 45.30%, indicating a balanced mix of debt and equity financing. Return on equity (ROE) is at 8.38%, showing decent profitability for shareholders, though there is room for improvement in generating higher returns.

Cash Flow

Fluidra's cash flow analysis reveals a decrease in free cash flow by 34.92% from the previous year, which indicates potential challenges in cash generation. The operating cash flow to net income ratio of 2.25 reflects strong cash generation capability relative to net income. However, the decline in free cash flow signifies potential issues in managing capital expenditures and operational cash needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.18B	2.14B	2.08B	2.43B	2.22B	1.51B
Gross Profit	1.12B	1.25B	1.14B	1.28B	1.20B	823.65M
EBITDA	477.78M	417.62M	383.52M	453.70M	500.73M	296.87M
Net Income	161.68M	138.07M	113.83M	159.93M	252.36M	96.39M
Balance Sheet
Total Assets	3.59B	3.64B	3.51B	3.77B	3.51B	2.81B
Cash, Cash Equivalents and Short-Term Investments	112.96M	162.21M	111.30M	81.33M	98.60M	236.50M
Total Debt	1.27B	1.32B	1.33B	1.46B	1.17B	805.26M
Total Liabilities	2.03B	1.98B	1.93B	2.09B	1.88B	1.38B
Stockholders Equity	1.55B	1.65B	1.57B	1.67B	1.61B	1.42B
Cash Flow
Free Cash Flow	178.16M	237.49M	364.80M	41.91M	271.16M	250.75M
Operating Cash Flow	245.34M	310.60M	428.93M	120.28M	342.58M	292.06M
Investing Cash Flow	-123.35M	-74.29M	-94.26M	-94.35M	-504.10M	-60.68M
Financing Cash Flow	-118.02M	-190.59M	-293.29M	-37.98M	18.12M	-238.17M

Fluidra Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.56
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:FDR, the sentiment is Positive. The current price of 23.56 is above the 20-day moving average (MA) of 23.46, below the 50-day MA of 23.89, and above the 200-day MA of 22.44, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 50.16 is Neutral, neither overbought nor oversold. The STOCH value of 60.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:FDR.

Fluidra Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIE	―	€3.54B	10.80	23.31%	3.11%	-2.79%	0.61%
VID	―	€2.99B	10.49	17.47%	1.75%	-5.27%	27.73%
FCC	―	€5.40B	22.80	5.28%	4.34%	5.00%	-64.19%
FDR	―	€4.51B	27.93	10.25%	2.33%	5.95%	32.84%
SCYR	―	€3.07B	33.18	9.65%	5.14%	2.75%	-42.39%
ENO	―	€2.38B	―	-6.79%	29.20%	11.61%	-212.68%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%