CARREFOUR SA (CAR.DE) Stock Fundamental Analysis
FRA:CAR - Deutsche Boerse Ag - FR0000120172 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to CAR. CAR was compared to 27 industry peers in the Consumer Staples Distribution & Retail industry. While CAR is still in line with the averages on profitability rating, there are concerns on its financial health. CAR may be a bit undervalued, certainly considering the very reasonable score on growth Finally CAR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CAR was profitable.
In the past year CAR had a positive cash flow from operations.
In the past 5 years CAR has always been profitable.
Each year in the past 5 years CAR had a positive operating cash flow.
1.2 Ratios
CAR has a Return On Assets of 3.05%. This is comparable to the rest of the industry: CAR outperforms 42.31% of its industry peers.
The Return On Equity of CAR (15.91%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 5.49%, CAR is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CAR is below the industry average of 9.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 15.91% | ||
| ROIC | 5.49% |
ROA(3y)2.53%
ROA(5y)2.22%
ROE(3y)12.3%
ROE(5y)10.92%
ROIC(3y)5.84%
ROIC(5y)5.82%
1.3 Margins
CAR's Profit Margin of 1.95% is in line compared to the rest of the industry. CAR outperforms 46.15% of its industry peers.
In the last couple of years the Profit Margin of CAR has grown nicely.
CAR has a worse Operating Margin (2.68%) than 65.38% of its industry peers.
In the last couple of years the Operating Margin of CAR has remained more or less at the same level.
Looking at the Gross Margin, with a value of 19.59%, CAR is doing worse than 61.54% of the companies in the same industry.
CAR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.68% | ||
| PM (TTM) | 1.95% | ||
| GM | 19.59% |
OM growth 3Y-4.01%
OM growth 5Y0.37%
PM growth 3Y30.04%
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-2.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAR is still creating some value.
The number of shares outstanding for CAR has been reduced compared to 1 year ago.
CAR has less shares outstanding than it did 5 years ago.
CAR has a worse debt/assets ratio than last year.
2.2 Solvency
CAR has an Altman-Z score of 2.01. This is not the best score and indicates that CAR is in the grey zone with still only limited risk for bankruptcy at the moment.
CAR has a worse Altman-Z score (2.01) than 80.77% of its industry peers.
CAR has a debt to FCF ratio of 7.61. This is a slightly negative value and a sign of low solvency as CAR would need 7.61 years to pay back of all of its debts.
The Debt to FCF ratio of CAR (7.61) is worse than 61.54% of its industry peers.
A Debt/Equity ratio of 1.36 is on the high side and indicates that CAR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.36, CAR is doing worse than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.61 | ||
| Altman-Z | 2.01 |
ROIC/WACC1.4
WACC3.93%
2.3 Liquidity
CAR has a Current Ratio of 0.85. This is a bad value and indicates that CAR is not financially healthy enough and could expect problems in meeting its short term obligations.
CAR has a Current ratio of 0.85. This is comparable to the rest of the industry: CAR outperforms 42.31% of its industry peers.
CAR has a Quick Ratio of 0.85. 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 decent Quick ratio value of 0.60, CAR is doing good in the industry, outperforming 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.52% over the past year.
The Earnings Per Share has been growing by 11.97% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.19% in the past year.
CAR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.74% yearly.
EPS 1Y (TTM)11.52%
EPS 3Y13.25%
EPS 5Y11.97%
EPS Q2Q%2.22%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y2.74%
Sales Q2Q%-0.3%
3.2 Future
Based on estimates for the next years, CAR will show a small growth in Earnings Per Share. The EPS will grow by 6.49% on average per year.
The Revenue is expected to grow by 1.30% on average over the next years.
EPS Next Y-3.63%
EPS Next 2Y6.13%
EPS Next 3Y9.82%
EPS Next 5Y6.49%
Revenue Next Year-0.46%
Revenue Next 2Y1.75%
Revenue Next 3Y2.12%
Revenue Next 5Y1.3%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
CAR is valuated cheaply with a Price/Earnings ratio of 7.48.
Compared to the rest of the industry, the Price/Earnings ratio of CAR indicates a rather cheap valuation: CAR is cheaper than 84.62% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CAR to the average of the S&P500 Index (28.47), we can say CAR is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.68, the valuation of CAR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAR indicates a rather cheap valuation: CAR is cheaper than 88.46% of the companies listed in the same industry.
CAR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.48 | ||
| Fwd PE | 6.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAR is valued cheaper than 80.77% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CAR is valued cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.4 | ||
| EV/EBITDA | 4.89 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.63
EPS Next 2Y6.13%
EPS Next 3Y9.82%
5. Dividend
5.1 Amount
CAR has a Yearly Dividend Yield of 6.25%, which is a nice return.
CAR's Dividend Yield is rather good when compared to the industry average which is at 3.91. CAR pays more dividend than 92.31% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, CAR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
5.2 History
The dividend of CAR is nicely growing with an annual growth rate of 23.65%!
Dividend Growth(5Y)23.65%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
36.17% of the earnings are spent on dividend by CAR. This is a low number and sustainable payout ratio.
CAR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.17%
EPS Next 2Y6.13%
EPS Next 3Y9.82%
CARREFOUR SA
FRA:CAR (2/4/2025, 7:00:00 PM)
13.77
+0.07 (+0.51%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners40.55%
Inst Owner ChangeN/A
Ins Owners9.38%
Ins Owner ChangeN/A
Market Cap9.34B
Analysts75
Price Target17.11 (24.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
Yearly Dividend0.57
Dividend Growth(5Y)23.65%
DP36.17%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.33%
PT rev (3m)-2.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.52%
EPS NY rev (3m)-6.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.48 | ||
| Fwd PE | 6.68 | ||
| P/S | 0.11 | ||
| P/FCF | 3.4 | ||
| P/OCF | 2.04 | ||
| P/B | 0.9 | ||
| P/tB | 56.92 | ||
| EV/EBITDA | 4.89 |
EPS(TTM)1.84
EY13.36%
EPS(NY)2.06
Fwd EY14.97%
FCF(TTM)4.05
FCFY29.44%
OCF(TTM)6.74
OCFY48.95%
SpS125.24
BVpS15.38
TBVpS0.24
PEG (NY)N/A
PEG (5Y)0.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 15.91% | ||
| ROCE | 8.05% | ||
| ROIC | 5.49% | ||
| ROICexc | 6.64% | ||
| ROICexgc | 11.22% | ||
| OM | 2.68% | ||
| PM (TTM) | 1.95% | ||
| GM | 19.59% | ||
| FCFM | 3.24% |
ROA(3y)2.53%
ROA(5y)2.22%
ROE(3y)12.3%
ROE(5y)10.92%
ROIC(3y)5.84%
ROIC(5y)5.82%
ROICexc(3y)7.26%
ROICexc(5y)7.16%
ROICexgc(3y)12.71%
ROICexgc(5y)12.46%
ROCE(3y)8.02%
ROCE(5y)7.97%
ROICexcg growth 3Y-2.89%
ROICexcg growth 5Y3.32%
ROICexc growth 3Y-2.39%
ROICexc growth 5Y2.53%
OM growth 3Y-4.01%
OM growth 5Y0.37%
PM growth 3Y30.04%
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-2.1%
F-Score6
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.61 | ||
| Debt/EBITDA | 3.09 | ||
| Cap/Depr | 78.67% | ||
| Cap/Sales | 2.15% | ||
| Interest Coverage | 5.18 | ||
| Cash Conversion | 99.54% | ||
| Profit Quality | 165.64% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 2.01 |
F-Score6
WACC3.93%
ROIC/WACC1.4
Cap/Depr(3y)79.12%
Cap/Depr(5y)75.3%
Cap/Sales(3y)2.25%
Cap/Sales(5y)2.23%
Profit Quality(3y)176.64%
Profit Quality(5y)192.43%
High Growth Momentum
Growth
EPS 1Y (TTM)11.52%
EPS 3Y13.25%
EPS 5Y11.97%
EPS Q2Q%2.22%
EPS Next Y-3.63%
EPS Next 2Y6.13%
EPS Next 3Y9.82%
EPS Next 5Y6.49%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y2.74%
Sales Q2Q%-0.3%
Revenue Next Year-0.46%
Revenue Next 2Y1.75%
Revenue Next 3Y2.12%
Revenue Next 5Y1.3%
EBIT growth 1Y-4.77%
EBIT growth 3Y1.34%
EBIT growth 5Y3.12%
EBIT Next Year105.69%
EBIT Next 3Y34.11%
EBIT Next 5Y19.7%
FCF growth 1Y21.43%
FCF growth 3Y13.7%
FCF growth 5Y38.61%
OCF growth 1Y16.58%
OCF growth 3Y11.05%
OCF growth 5Y17.15%