WATCH Franklin ClearBridge US Smaller Companies UCITS ETF USD Acc (CBSM.PA)
· · PAR ·
60
Final Score
16.8%
Margin of Safety
54
Quality Score
€9.55
Current Price
€128.9M
Market Cap
Key Metrics
Pe Ratio
10.16
Pb Ratio
0.49
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
€9.19
Base
€11.48
High
€13.78
⚠️ Value Trap Flags
- 🚩 {'flag': 'LOW_INTEREST_COVERAGE', 'severity': 'MED', 'evidence': 'Interest coverage ratio: 2.2x (min: 3.0x)'}
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
10.16
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.86
Current Ratio
1.92
Dilution Cagr
0.02
Stage B — Quality Score: 54/100
Stage C — Cyclicality: LOW
Normalized EPS
€1.06
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 16.5 |
| Earnings Quality | 13.5 |
| Balance Sheet | 13.0 |
| Stability | 12.0 |
| Moat Proxies | 4.8 |
Top Drivers
- Modest discount: 17% margin of safety (price €9.55 vs intrinsic €11.48).
- Reasonable P/E of 10.2x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Conservative leverage: D/E ratio of 0.86x is well within Graham's maximum of 1.0x, reducing insolvency risk.
- Strong free cash flow generation — the company converts earnings into real cash effectively, supporting dividends, buybacks, and debt reduction.
- Low cyclicality: earnings are relatively stable and predictable, making intrinsic value estimates more reliable.
Top Risks
- ⚠️ [MED] Debt service risk: Interest coverage ratio: 2.2x (min: 3.0x). If rates rise or earnings dip, the company may struggle to cover interest payments.
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | €18.8M | €15.3M | €14.1M | €33.8M | €2.55 |
| 2023 | €20.0M | €16.4M | €15.0M | €9.4M | €0.72 |
| 2024 | €21.6M | €17.9M | €16.6M | €328,000.00 | €0.02 |
| 2025 | €22.5M | €18.8M | €18.4M | €12.8M | €0.94 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2022 | €11.3M | N/A | €11.3M |
| 2023 | €14.7M | N/A | €14.7M |
| 2024 | €16.3M | N/A | €16.3M |
| 2025 | €16.7M | N/A | €16.7M |