Colas (RE.PA) Stock Fundamental Analysis
EPA:RE - Euronext Paris - Matif - FR0000121634 - Common Stock - Currency: EUR
Overall RE gets a fundamental rating of 3 out of 10. We evaluated RE against 39 industry peers in the Construction & Engineering industry. RE has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, RE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
RE had positive earnings in the past year.
RE had a positive operating cash flow in the past year.
Each year in the past 5 years RE has been profitable.
RE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.49%, RE is in line with its industry, outperforming 42.11% of the companies in the same industry.
RE has a Return On Equity of 10.55%. This is comparable to the rest of the industry: RE outperforms 44.74% of its industry peers.
With a Return On Invested Capital value of 5.42%, RE perfoms like the industry average, outperforming 44.74% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RE is significantly below the industry average of 11.04%.
The 3 year average ROIC (3.32%) for RE is below the current ROIC(5.42%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 10.55% | ||
| ROIC | 5.42% |
ROA(3y)2.14%
ROA(5y)2.26%
ROE(3y)7.31%
ROE(5y)7.83%
ROIC(3y)3.32%
ROIC(5y)3.66%
1.3 Margins
RE's Profit Margin of 1.87% is on the low side compared to the rest of the industry. RE is outperformed by 65.79% of its industry peers.
RE's Profit Margin has declined in the last couple of years.
RE's Operating Margin of 3.10% is on the low side compared to the rest of the industry. RE is outperformed by 60.53% of its industry peers.
In the last couple of years the Operating Margin of RE has declined.
Looking at the Gross Margin, with a value of 49.15%, RE is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
RE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.1% | ||
| PM (TTM) | 1.87% | ||
| GM | 49.15% |
OM growth 3Y-14.72%
OM growth 5Y-8.71%
PM growth 3Y0.55%
PM growth 5Y-7.11%
GM growth 3Y-3.37%
GM growth 5Y-2.45%
2. Health
2.1 Basic Checks
RE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for RE remains at a similar level compared to 1 year ago.
RE has a worse debt/assets ratio than last year.
2.2 Solvency
RE has an Altman-Z score of 1.80. This is a bad value and indicates that RE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.80, RE is in line with its industry, outperforming 55.26% of the companies in the same industry.
The Debt to FCF ratio of RE is 6.00, which is on the high side as it means it would take RE, 6.00 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.00, RE is in line with its industry, outperforming 47.37% of the companies in the same industry.
RE has a Debt/Equity ratio of 0.73. This is a neutral value indicating RE is somewhat dependend on debt financing.
RE has a Debt to Equity ratio of 0.73. This is in the lower half of the industry: RE underperforms 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.63
WACC8.55%
2.3 Liquidity
A Current Ratio of 0.96 indicates that RE may have some problems paying its short term obligations.
With a Current ratio value of 0.96, RE is not doing good in the industry: 76.32% of the companies in the same industry are doing better.
A Quick Ratio of 0.82 indicates that RE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.82, RE is doing worse than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
RE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.53%, which is quite impressive.
RE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.70% yearly.
RE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.64%.
The Revenue has been growing slightly by 5.82% on average over the past years.
EPS 1Y (TTM)21.53%
EPS 3Y4.89%
EPS 5Y-1.7%
EPS Q2Q%-3.2%
Revenue 1Y (TTM)11.64%
Revenue growth 3Y4.3%
Revenue growth 5Y5.82%
Sales Q2Q%4.16%
3.2 Future
Based on estimates for the next years, RE will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.09% on average per year.
The Revenue is expected to grow by 2.71% on average over the next years.
EPS Next Y-4.46%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPS Next 5YN/A
Revenue Next Year3.25%
Revenue Next 2Y3.2%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 19.42 indicates a rather expensive valuation of RE.
60.53% of the companies in the same industry are cheaper than RE, based on the Price/Earnings ratio.
RE is valuated rather cheaply when we compare the Price/Earnings ratio to 28.64, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.89, which indicates a correct valuation of RE.
RE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. RE is more expensive than 60.53% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.44, RE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
RE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.04 | ||
| EV/EBITDA | 6.5 |
4.3 Compensation for Growth
A more expensive valuation may be justified as RE's earnings are expected to grow with 12.09% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.53%
EPS Next 3Y12.09%
5. Dividend
5.1 Amount
RE has a Yearly Dividend Yield of 4.20%, which is a nice return.
Compared to an average industry Dividend Yield of 3.69, RE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.52, RE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
The dividend of RE is nicely growing with an annual growth rate of 20.01%!
Dividend Growth(5Y)20.01%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RE pays out 81.08% of its income as dividend. This is not a sustainable payout ratio.
The dividend of RE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP81.08%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPA:RE (12/5/2023, 7:00:00 PM)
175
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.71B
Analysts40
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend6.86
Dividend Growth(5Y)20.01%
DP81.08%
Div Incr Years1
Div Non Decr Years1
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 14.89 | ||
| P/S | 0.36 | ||
| P/FCF | 14.04 | ||
| P/OCF | 7.08 | ||
| P/B | 2.04 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | 6.5 |
EPS(TTM)9.01
EY5.15%
EPS(NY)11.75
Fwd EY6.71%
FCF(TTM)12.47
FCFY7.13%
OCF(TTM)24.72
OCFY14.13%
SpS484.05
BVpS85.93
TBVpS50.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 10.55% | ||
| ROCE | 10.84% | ||
| ROIC | 5.42% | ||
| ROICexc | 5.83% | ||
| ROICexgc | 7.46% | ||
| OM | 3.1% | ||
| PM (TTM) | 1.87% | ||
| GM | 49.15% | ||
| FCFM | 2.58% |
ROA(3y)2.14%
ROA(5y)2.26%
ROE(3y)7.31%
ROE(5y)7.83%
ROIC(3y)3.32%
ROIC(5y)3.66%
ROICexc(3y)3.75%
ROICexc(5y)4.11%
ROICexgc(3y)4.96%
ROICexgc(5y)5.3%
ROCE(3y)5.74%
ROCE(5y)6.34%
ROICexcg growth 3Y-11.09%
ROICexcg growth 5Y-9.22%
ROICexc growth 3Y-12.68%
ROICexc growth 5Y-10.45%
OM growth 3Y-14.72%
OM growth 5Y-8.71%
PM growth 3Y0.55%
PM growth 5Y-7.11%
GM growth 3Y-3.37%
GM growth 5Y-2.45%
F-Score6
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | 2.01 | ||
| Cap/Depr | 76.48% | ||
| Cap/Sales | 2.53% | ||
| Interest Coverage | 1.95 | ||
| Cash Conversion | 79.66% | ||
| Profit Quality | 137.5% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.8 |
F-Score6
WACC8.55%
ROIC/WACC0.63
Cap/Depr(3y)68.97%
Cap/Depr(5y)72.65%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.83%
Profit Quality(3y)280.84%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.53%
EPS 3Y4.89%
EPS 5Y-1.7%
EPS Q2Q%-3.2%
EPS Next Y-4.46%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPS Next 5YN/A
Revenue 1Y (TTM)11.64%
Revenue growth 3Y4.3%
Revenue growth 5Y5.82%
Sales Q2Q%4.16%
Revenue Next Year3.25%
Revenue Next 2Y3.2%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
EBIT growth 1Y28.95%
EBIT growth 3Y-11.06%
EBIT growth 5Y-3.4%
EBIT Next Year40.98%
EBIT Next 3Y21.69%
EBIT Next 5YN/A
FCF growth 1Y-44.09%
FCF growth 3Y-52.8%
FCF growth 5Y6.45%
OCF growth 1Y-21.73%
OCF growth 3Y-18.56%
OCF growth 5Y-1.84%