EDENRED (EDEN.PA)
FR0010908533 - Common Stock
Taking everything into account, EDEN scores 5 out of 10 in our fundamental rating. EDEN was compared to 47 industry peers in the Financial Services industry. EDEN has an excellent profitability rating, but there are concerns on its financial health. EDEN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EDEN was profitable.
EDEN had a positive operating cash flow in the past year.
In the past 5 years EDEN has always been profitable.
In the past 5 years EDEN always reported a positive cash flow from operatings.
1.2 Ratios
EDEN has a Return On Assets (2.20%) which is comparable to the rest of the industry.
EDEN has a Return On Invested Capital of 20.95%. This is amongst the best in the industry. EDEN outperforms 92.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EDEN is significantly above the industry average of 9.82%.
The last Return On Invested Capital (20.95%) for EDEN is above the 3 year average (14.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | N/A | ||
| ROIC | 20.95% |
ROA(3y)2.83%
ROA(5y)2.91%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.92%
ROIC(5y)15.48%
1.3 Margins
EDEN has a Profit Margin (10.92%) which is in line with its industry peers.
EDEN's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 36.05%, EDEN is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
EDEN's Operating Margin has been stable in the last couple of years.
EDEN's Gross Margin of 91.62% is amongst the best of the industry. EDEN outperforms 92.86% of its industry peers.
In the last couple of years the Gross Margin of EDEN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.05% | ||
| PM (TTM) | 10.92% | ||
| GM | 91.62% |
OM growth 3Y4.89%
OM growth 5Y1.39%
PM growth 3Y-13.21%
PM growth 5Y-10.44%
GM growth 3Y0.69%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EDEN is creating value.
EDEN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for EDEN has been increased compared to 5 years ago.
The debt/assets ratio for EDEN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that EDEN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EDEN (0.53) is worse than 73.81% of its industry peers.
EDEN has a debt to FCF ratio of 5.39. This is a neutral value as EDEN would need 5.39 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.39, EDEN is in line with its industry, outperforming 54.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.39 | ||
| Altman-Z | 0.53 |
ROIC/WACC3.35
WACC6.26%
2.3 Liquidity
A Current Ratio of 0.84 indicates that EDEN may have some problems paying its short term obligations.
EDEN's Current ratio of 0.84 is on the low side compared to the rest of the industry. EDEN is outperformed by 80.95% of its industry peers.
A Quick Ratio of 0.84 indicates that EDEN may have some problems paying its short term obligations.
With a Quick ratio value of 0.84, EDEN is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
EDEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.49%, which is quite good.
The Earnings Per Share has been growing by 8.38% on average over the past years. This is quite good.
The Revenue has grown by 20.86% in the past year. This is a very strong growth!
Measured over the past years, EDEN shows a quite strong growth in Revenue. The Revenue has been growing by 12.78% on average per year.
EPS 1Y (TTM)9.49%
EPS 3Y18.15%
EPS 5Y8.38%
EPS Q2Q%17.11%
Revenue 1Y (TTM)20.86%
Revenue growth 3Y19.72%
Revenue growth 5Y12.78%
Sales Q2Q%19.95%
3.2 Future
The Earnings Per Share is expected to grow by 11.74% on average over the next years. This is quite good.
Based on estimates for the next years, EDEN will show a small growth in Revenue. The Revenue will grow by 7.32% on average per year.
EPS Next Y30.63%
EPS Next 2Y22.29%
EPS Next 3Y19.68%
EPS Next 5Y11.74%
Revenue Next Year14.5%
Revenue Next 2Y11.44%
Revenue Next 3Y10.55%
Revenue Next 5Y7.32%
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.
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 18.10, EDEN is valued on the expensive side.
EDEN's Price/Earnings is on the same level as the industry average.
EDEN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.54.
Based on the Price/Forward Earnings ratio of 13.09, the valuation of EDEN can be described as correct.
EDEN's Price/Forward Earnings is on the same level as the industry average.
EDEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 13.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EDEN is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
EDEN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EDEN is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.63 | ||
| EV/EBITDA | 5.28 |
4.3 Compensation for Growth
EDEN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EDEN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EDEN's earnings are expected to grow with 19.68% in the coming years.
PEG (NY)0.59
PEG (5Y)2.16
EPS Next 2Y22.29%
EPS Next 3Y19.68%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.64%, EDEN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.34, EDEN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, EDEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
On average, the dividend of EDEN grows each year by 14.15%, which is quite nice.
Dividend Growth(5Y)14.15%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
101.67% of the earnings are spent on dividend by EDEN. This is not a sustainable payout ratio.
The dividend of EDEN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP101.67%
EPS Next 2Y22.29%
EPS Next 3Y19.68%
EDENRED
EPA:EDEN (12/24/2024, 7:00:00 PM)
31.31
+0.4 (+1.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners76.63%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap7.64B
Analysts76.8
Price Target47.34 (51.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
Dividend Growth(5Y)14.15%
DP101.67%
Div Incr Years3
Div Non Decr Years3
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)-13.02%
PT rev (3m)-19.22%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 13.09 | ||
| P/S | 2.78 | ||
| P/FCF | 8.63 | ||
| P/OCF | 6.99 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.28 |
EPS(TTM)1.73
EY5.53%
EPS(NY)2.39
Fwd EY7.64%
FCF(TTM)3.63
FCFY11.58%
OCF(TTM)4.48
OCFY14.31%
SpS11.25
BVpS-3.84
TBVpS-21.04
PEG (NY)0.59
PEG (5Y)2.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.2% | ||
| ROE | N/A | ||
| ROCE | 34.21% | ||
| ROIC | 20.95% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 36.05% | ||
| PM (TTM) | 10.92% | ||
| GM | 91.62% | ||
| FCFM | 32.23% |
ROA(3y)2.83%
ROA(5y)2.91%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.92%
ROIC(5y)15.48%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)24.3%
ROCE(5y)25.29%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-49.08%
ROICexc growth 5YN/A
OM growth 3Y4.89%
OM growth 5Y1.39%
PM growth 3Y-13.21%
PM growth 5Y-10.44%
GM growth 3Y0.69%
GM growth 5Y0.68%
F-Score7
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.39 | ||
| Debt/EBITDA | 2.34 | ||
| Cap/Depr | 51.87% | ||
| Cap/Sales | 7.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.58% | ||
| Profit Quality | 295% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.53 |
F-Score7
WACC6.26%
ROIC/WACC3.35
Cap/Depr(3y)78.92%
Cap/Depr(5y)78.91%
Cap/Sales(3y)7.33%
Cap/Sales(5y)7.03%
Profit Quality(3y)234.24%
Profit Quality(5y)215.67%
High Growth Momentum
Growth
EPS 1Y (TTM)9.49%
EPS 3Y18.15%
EPS 5Y8.38%
EPS Q2Q%17.11%
EPS Next Y30.63%
EPS Next 2Y22.29%
EPS Next 3Y19.68%
EPS Next 5Y11.74%
Revenue 1Y (TTM)20.86%
Revenue growth 3Y19.72%
Revenue growth 5Y12.78%
Sales Q2Q%19.95%
Revenue Next Year14.5%
Revenue Next 2Y11.44%
Revenue Next 3Y10.55%
Revenue Next 5Y7.32%
EBIT growth 1Y25.16%
EBIT growth 3Y25.58%
EBIT growth 5Y14.34%
EBIT Next Year39.35%
EBIT Next 3Y18.18%
EBIT Next 5Y9.52%
FCF growth 1Y17.69%
FCF growth 3Y11.97%
FCF growth 5Y14.61%
OCF growth 1Y23.36%
OCF growth 3Y13.58%
OCF growth 5Y14.87%