REXEL SA (RXL.PA) Stock Fundamental Analysis
EPA:RXL - Euronext Paris - Matif - FR0010451203 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to RXL. RXL was compared to 16 industry peers in the Trading Companies & Distributors industry. While RXL has a great profitability rating, there are some minor concerns on its financial health. RXL is cheap, but on the other hand it scores bad on growth. Finally RXL also has an excellent dividend rating. With these ratings, RXL could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year RXL was profitable.
RXL had a positive operating cash flow in the past year.
Of the past 5 years RXL 4 years were profitable.
Each year in the past 5 years RXL had a positive operating cash flow.
1.2 Ratios
RXL has a better Return On Assets (5.49%) than 75.00% of its industry peers.
RXL has a better Return On Equity (13.92%) than 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.19%, RXL belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RXL is in line with the industry average of 8.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 13.92% | ||
| ROIC | 9.19% |
ROA(3y)6%
ROA(5y)3.44%
ROE(3y)14.85%
ROE(5y)8.5%
ROIC(3y)10.11%
ROIC(5y)8.27%
1.3 Margins
RXL has a Profit Margin of 4.04%. This is amongst the best in the industry. RXL outperforms 81.25% of its industry peers.
RXL's Profit Margin has improved in the last couple of years.
RXL has a better Operating Margin (6.59%) than 81.25% of its industry peers.
RXL's Operating Margin has improved in the last couple of years.
RXL's Gross Margin of 22.42% is fine compared to the rest of the industry. RXL outperforms 68.75% of its industry peers.
In the last couple of years the Gross Margin of RXL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.59% | ||
| PM (TTM) | 4.04% | ||
| GM | 22.42% |
OM growth 3Y22.59%
OM growth 5Y8.37%
PM growth 3YN/A
PM growth 5Y32.18%
GM growth 3Y0.94%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
RXL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for RXL has been reduced compared to 1 year ago.
The number of shares outstanding for RXL has been reduced compared to 5 years ago.
RXL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.74 indicates that RXL is not a great score, but indicates only limited risk for bankruptcy at the moment.
RXL has a Altman-Z score of 2.74. This is comparable to the rest of the industry: RXL outperforms 43.75% of its industry peers.
The Debt to FCF ratio of RXL is 4.88, which is a neutral value as it means it would take RXL, 4.88 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RXL (4.88) is better than 81.25% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that RXL is somewhat dependend on debt financing.
RXL has a Debt to Equity ratio of 0.73. This is in the lower half of the industry: RXL underperforms 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 4.88 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.51
WACC6.08%
2.3 Liquidity
RXL has a Current Ratio of 1.65. This is a normal value and indicates that RXL is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of RXL (1.65) is comparable to the rest of the industry.
A Quick Ratio of 1.04 indicates that RXL should not have too much problems paying its short term obligations.
RXL has a Quick ratio of 1.04. This is comparable to the rest of the industry: RXL outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for RXL have decreased strongly by -15.46% in the last year.
RXL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 42.33% yearly.
RXL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.42%.
Measured over the past years, RXL shows a small growth in Revenue. The Revenue has been growing by 7.46% on average per year.
EPS 1Y (TTM)-15.46%
EPS 3YN/A
EPS 5Y42.33%
EPS Q2Q%-17.82%
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
Revenue growth 5Y7.46%
Sales Q2Q%-1.37%
3.2 Future
RXL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.11% yearly.
RXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.26% yearly.
EPS Next Y-17.27%
EPS Next 2Y-2.58%
EPS Next 3Y1.42%
EPS Next 5Y3.11%
Revenue Next Year0.2%
Revenue Next 2Y2.11%
Revenue Next 3Y2.84%
Revenue Next 5Y3.26%
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.
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 9.78 indicates a reasonable valuation of RXL.
Based on the Price/Earnings ratio, RXL is valued cheaper than 93.75% of the companies in the same industry.
RXL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.47.
The Price/Forward Earnings ratio is 9.96, which indicates a very decent valuation of RXL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RXL indicates a rather cheap valuation: RXL is cheaper than 87.50% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. RXL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 9.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RXL indicates a rather cheap valuation: RXL is cheaper than 81.25% of the companies listed in the same industry.
RXL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RXL is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.35 | ||
| EV/EBITDA | 6.77 |
4.3 Compensation for Growth
The decent profitability rating of RXL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-2.58%
EPS Next 3Y1.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.67%, RXL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.77, RXL pays a better dividend. On top of this RXL pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, RXL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.67% |
5.2 History
The dividend of RXL is nicely growing with an annual growth rate of 23.49%!
Dividend Growth(5Y)23.49%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
46.10% of the earnings are spent on dividend by RXL. This is a bit on the high side, but may be sustainable.
RXL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.1%
EPS Next 2Y-2.58%
EPS Next 3Y1.42%
REXEL SA
EPA:RXL (2/4/2025, 7:00:00 PM)
25.14
-0.02 (-0.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners74.48%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap7.50B
Analysts77.65
Price Target28.26 (12.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.67% |
Yearly Dividend1.21
Dividend Growth(5Y)23.49%
DP46.1%
Div Incr Years2
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)-0.3%
PT rev (3m)2.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.95%
EPS NY rev (3m)-2.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 9.96 | ||
| P/S | 0.39 | ||
| P/FCF | 8.35 | ||
| P/OCF | 7.2 | ||
| P/B | 1.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.77 |
EPS(TTM)2.57
EY10.22%
EPS(NY)2.52
Fwd EY10.04%
FCF(TTM)3.01
FCFY11.97%
OCF(TTM)3.49
OCFY13.89%
SpS64.22
BVpS18.66
TBVpS-0.1
PEG (NY)N/A
PEG (5Y)0.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 13.92% | ||
| ROCE | 12.58% | ||
| ROIC | 9.19% | ||
| ROICexc | 9.58% | ||
| ROICexgc | 22.23% | ||
| OM | 6.59% | ||
| PM (TTM) | 4.04% | ||
| GM | 22.42% | ||
| FCFM | 4.69% |
ROA(3y)6%
ROA(5y)3.44%
ROE(3y)14.85%
ROE(5y)8.5%
ROIC(3y)10.11%
ROIC(5y)8.27%
ROICexc(3y)11.13%
ROICexc(5y)9.07%
ROICexgc(3y)28.61%
ROICexgc(5y)24.47%
ROCE(3y)13.81%
ROCE(5y)11.28%
ROICexcg growth 3Y19.08%
ROICexcg growth 5Y2.64%
ROICexc growth 3Y26.29%
ROICexc growth 5Y10.47%
OM growth 3Y22.59%
OM growth 5Y8.37%
PM growth 3YN/A
PM growth 5Y32.18%
GM growth 3Y0.94%
GM growth 5Y0.65%
F-Score5
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 4.88 | ||
| Debt/EBITDA | 2.45 | ||
| Cap/Depr | 35.94% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | 7.19 | ||
| Cash Conversion | 62.68% | ||
| Profit Quality | 115.88% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.74 |
F-Score5
WACC6.08%
ROIC/WACC1.51
Cap/Depr(3y)37.74%
Cap/Depr(5y)31.08%
Cap/Sales(3y)0.76%
Cap/Sales(5y)0.81%
Profit Quality(3y)93.31%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.46%
EPS 3YN/A
EPS 5Y42.33%
EPS Q2Q%-17.82%
EPS Next Y-17.27%
EPS Next 2Y-2.58%
EPS Next 3Y1.42%
EPS Next 5Y3.11%
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
Revenue growth 5Y7.46%
Sales Q2Q%-1.37%
Revenue Next Year0.2%
Revenue Next 2Y2.11%
Revenue Next 3Y2.84%
Revenue Next 5Y3.26%
EBIT growth 1Y-4.83%
EBIT growth 3Y40.98%
EBIT growth 5Y16.46%
EBIT Next Year19.73%
EBIT Next 3Y10.52%
EBIT Next 5Y3.3%
FCF growth 1Y42.09%
FCF growth 3Y9.64%
FCF growth 5Y21.26%
OCF growth 1Y39.62%
OCF growth 3Y10.18%
OCF growth 5Y17.91%