CARREFOUR SA (CAR.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CAR - FR0000120172 - Common Stock
13.93 EUR
+0.08 (+0.61%)
Overall CAR gets a fundamental rating of 3 out of 10. We evaluated CAR against 24 industry peers in the Consumer Staples Distribution & Retail industry. CAR has a bad profitability rating. Also its financial health evaluation is rather negative. CAR is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- CAR had positive earnings in the past year.
- CAR had a positive operating cash flow in the past year.
- Each year in the past 5 years CAR has been profitable.
- In the past 5 years CAR always reported a positive cash flow from operatings.
1.2 Ratios
- CAR's Return On Assets of 1.31% is on the low side compared to the rest of the industry. CAR is outperformed by 75.00% of its industry peers.
- Looking at the Return On Equity, with a value of 7.00%, CAR is doing worse than 70.83% of the companies in the same industry.
- The Return On Invested Capital of CAR (4.89%) is worse than 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CAR is below the industry average of 9.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 7% | ||
| ROIC | 4.89% |
ROA(3y)2.2%
ROA(5y)2.04%
ROE(3y)11.05%
ROE(5y)9.98%
ROIC(3y)5.21%
ROIC(5y)5.49%
1.3 Margins
- With a Profit Margin value of 0.83%, CAR is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of CAR has declined.
- With a Operating Margin value of 2.55%, CAR is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
- CAR's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 19.44%, CAR is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of CAR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.55% | ||
| PM (TTM) | 0.83% | ||
| GM | 19.44% |
OM growth 3Y-6.03%
OM growth 5Y-2.23%
PM growth 3Y-17.8%
PM growth 5Y-11.44%
GM growth 3Y-2.16%
GM growth 5Y-2.18%
2. Health
2.1 Basic Checks
- CAR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- CAR has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for CAR has been reduced compared to 5 years ago.
- The debt/assets ratio for CAR is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.08 indicates that CAR is not a great score, but indicates only limited risk for bankruptcy at the moment.
- CAR has a Altman-Z score of 2.08. This is in the lower half of the industry: CAR underperforms 79.17% of its industry peers.
- CAR has a debt to FCF ratio of 10.30. This is a negative value and a sign of low solvency as CAR would need 10.30 years to pay back of all of its debts.
- CAR has a worse Debt to FCF ratio (10.30) than 66.67% of its industry peers.
- CAR has a Debt/Equity ratio of 1.63. This is a high value indicating a heavy dependency on external financing.
- CAR has a worse Debt to Equity ratio (1.63) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 2.08 |
ROIC/WACC1.2
WACC4.07%
2.3 Liquidity
- CAR has a Current Ratio of 0.90. This is a bad value and indicates that CAR is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.90, CAR perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
- CAR has a Quick Ratio of 0.90. This is a bad value and indicates that CAR is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.63, CAR is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
- The earnings per share for CAR have decreased strongly by -20.11% in the last year.
- The Earnings Per Share has been decreasing by -5.23% on average over the past years.
- CAR shows a small growth in Revenue. In the last year, the Revenue has grown by 2.78%.
- The Revenue has been growing slightly by 3.31% on average over the past years.
EPS 1Y (TTM)-20.11%
EPS 3Y3.08%
EPS 5Y-5.23%
EPS Q2Q%-30.43%
Revenue 1Y (TTM)2.78%
Revenue growth 3Y6.74%
Revenue growth 5Y3.31%
Sales Q2Q%2.8%
3.2 Future
- CAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.33% yearly.
- CAR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.59% yearly.
EPS Next Y-5.47%
EPS Next 2Y4.96%
EPS Next 3Y6.11%
EPS Next 5Y9.33%
Revenue Next Year0.66%
Revenue Next 2Y1.01%
Revenue Next 3Y1.46%
Revenue Next 5Y0.59%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.48, the valuation of CAR can be described as very reasonable.
- Based on the Price/Earnings ratio, CAR is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.87, CAR is valued rather cheaply.
- A Price/Forward Earnings ratio of 7.85 indicates a rather cheap valuation of CAR.
- Based on the Price/Forward Earnings ratio, CAR is valued cheaper than 95.83% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CAR to the average of the S&P500 Index (25.96), we can say CAR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.48 | ||
| Fwd PE | 7.85 |
4.2 Price Multiples
- 83.33% of the companies in the same industry are more expensive than CAR, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CAR indicates a rather cheap valuation: CAR is cheaper than 91.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.66 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.96%
EPS Next 3Y6.11%
5. Dividend
5.1 Amount
- CAR has a Yearly Dividend Yield of 6.65%, which is a nice return.
- CAR's Dividend Yield is rather good when compared to the industry average which is at 2.82. CAR pays more dividend than 100.00% of the companies in the same industry.
- CAR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.65% |
5.2 History
- On average, the dividend of CAR grows each year by 46.20%, which is quite nice.
Dividend Growth(5Y)46.2%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- CAR pays out 112.47% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of CAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP112.47%
EPS Next 2Y4.96%
EPS Next 3Y6.11%
CARREFOUR SA / CAR.DE FAQ
What is the fundamental rating for CAR stock?
ChartMill assigns a fundamental rating of 3 / 10 to CAR.DE.
What is the valuation status for CAR stock?
ChartMill assigns a valuation rating of 7 / 10 to CARREFOUR SA (CAR.DE). This can be considered as Undervalued.
What is the profitability of CAR stock?
CARREFOUR SA (CAR.DE) has a profitability rating of 2 / 10.
What are the PE and PB ratios of CARREFOUR SA (CAR.DE) stock?
The Price/Earnings (PE) ratio for CARREFOUR SA (CAR.DE) is 9.48 and the Price/Book (PB) ratio is 1.
What is the expected EPS growth for CARREFOUR SA (CAR.DE) stock?
The Earnings per Share (EPS) of CARREFOUR SA (CAR.DE) is expected to decline by -5.47% in the next year.