CARREFOUR SA (CAR.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CAR - FR0000120172 - Common Stock
13.845 EUR
+0.01 (+0.07%)
Taking everything into account, CAR scores 3 out of 10 in our fundamental rating. CAR was compared to 24 industry peers in the Consumer Staples Distribution & Retail industry. CAR may be in some trouble as it scores bad on both profitability and health. CAR has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- In the past year CAR was profitable.
- CAR had a positive operating cash flow in the past year.
- CAR had positive earnings in each of the past 5 years.
- CAR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 1.31%, CAR is not doing good in the industry: 70.37% of the companies in the same industry are doing better.
- CAR's Return On Equity of 7.00% is on the low side compared to the rest of the industry. CAR is outperformed by 66.67% of its industry peers.
- CAR has a Return On Invested Capital of 4.89%. This is in the lower half of the industry: CAR underperforms 62.96% of its industry peers.
- CAR had an Average Return On Invested Capital over the past 3 years of 5.21%. This 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
- CAR's Profit Margin of 0.83% is on the low side compared to the rest of the industry. CAR is outperformed by 66.67% of its industry peers.
- 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: 66.67% of the companies in the same industry are doing better.
- CAR's Operating Margin has declined in the last couple of years.
- CAR has a worse Gross Margin (19.44%) than 66.67% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAR is still creating some value.
- Compared to 1 year ago, CAR has less shares outstanding
- The number of shares outstanding for CAR has been reduced compared to 5 years ago.
- Compared to 1 year ago, CAR has a worse debt to assets ratio.
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.
- With a Altman-Z score value of 2.08, CAR is not doing good in the industry: 81.48% of the companies in the same industry are doing better.
- 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 62.96% 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.
- The Debt to Equity ratio of CAR (1.63) is worse than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 2.08 |
ROIC/WACC1.17
WACC4.18%
2.3 Liquidity
- A Current Ratio of 0.90 indicates that CAR may have some problems paying its short term obligations.
- With a Current ratio value of 0.90, CAR perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- A Quick Ratio of 0.63 indicates that CAR may have some problems paying its short term obligations.
- CAR has a Quick ratio of 0.63. This is in the better half of the industry: CAR outperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
- CAR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.11%.
- Measured over the past years, CAR shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.23% on average per year.
- Looking at the last year, CAR shows a small growth in Revenue. The Revenue has grown by 2.78% in the last year.
- Measured over the past years, CAR shows a small growth in Revenue. The Revenue has been growing by 3.31% on average per year.
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
- Based on estimates for the next years, CAR will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.33% on average per year.
- Based on estimates for the next years, CAR will show a small growth in Revenue. The Revenue will grow by 0.59% on average per year.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 9.42, which indicates a very decent valuation of CAR.
- Compared to the rest of the industry, the Price/Earnings ratio of CAR indicates a rather cheap valuation: CAR is cheaper than 96.30% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of CAR to the average of the S&P500 Index (27.21), we can say CAR is valued rather cheaply.
- A Price/Forward Earnings ratio of 7.81 indicates a rather cheap valuation of CAR.
- 100.00% of the companies in the same industry are more expensive than CAR, based on the Price/Forward Earnings ratio.
- CAR is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 7.81 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CAR is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
- 96.30% of the companies in the same industry are more expensive than CAR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.63 | ||
| EV/EBITDA | 5.35 |
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.
- Compared to an average industry Dividend Yield of 2.82, CAR pays a better dividend. On top of this CAR pays more dividend than 96.30% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, CAR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.65% |
5.2 History
- The dividend of CAR is nicely growing with an annual growth rate of 46.20%!
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.
- CAR's earnings are growing slower than its dividend. 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 9.42 and the Price/Book (PB) ratio is 0.99.
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.