VICAT (VCT.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:VCT - FR0000031775 - Common Stock
80.1 EUR
+1.1 (+1.39%)
Taking everything into account, VCT scores 4 out of 10 in our fundamental rating. VCT was compared to 17 industry peers in the Construction Materials industry. There are concerns on the financial health of VCT while its profitability can be described as average. VCT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year VCT was profitable.
- VCT had a positive operating cash flow in the past year.
- VCT had positive earnings in each of the past 5 years.
- In the past 5 years VCT always reported a positive cash flow from operatings.
1.2 Ratios
- VCT's Return On Assets of 4.25% is in line compared to the rest of the industry. VCT outperforms 47.06% of its industry peers.
- With a Return On Equity value of 9.76%, VCT perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
- VCT has a Return On Invested Capital (6.78%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for VCT is below the industry average of 7.81%.
- The last Return On Invested Capital (6.78%) for VCT is above the 3 year average (5.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 9.76% | ||
| ROIC | 6.78% |
ROA(3y)3.58%
ROA(5y)3.46%
ROE(3y)8.23%
ROE(5y)8.1%
ROIC(3y)5.57%
ROIC(5y)5.43%
1.3 Margins
- The Profit Margin of VCT (7.07%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of VCT has grown nicely.
- VCT's Operating Margin of 11.48% is in line compared to the rest of the industry. VCT outperforms 47.06% of its industry peers.
- In the last couple of years the Operating Margin of VCT has grown nicely.
- VCT's Gross Margin of 36.41% is on the low side compared to the rest of the industry. VCT is outperformed by 70.59% of its industry peers.
- VCT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.48% | ||
| PM (TTM) | 7.07% | ||
| GM | 36.41% |
OM growth 3Y2.77%
OM growth 5Y4.19%
PM growth 3Y2.39%
PM growth 5Y5.26%
GM growth 3Y0.15%
GM growth 5Y-0.82%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VCT is creating some value.
- The number of shares outstanding for VCT remains at a similar level compared to 1 year ago.
- The number of shares outstanding for VCT has been increased compared to 5 years ago.
- The debt/assets ratio for VCT has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.30 indicates that VCT is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.30, VCT is in line with its industry, outperforming 41.18% of the companies in the same industry.
- The Debt to FCF ratio of VCT is 4.56, which is a neutral value as it means it would take VCT, 4.56 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 4.56, VCT perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
- VCT has a Debt/Equity ratio of 0.58. This is a neutral value indicating VCT is somewhat dependend on debt financing.
- VCT has a worse Debt to Equity ratio (0.58) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 4.56 | ||
| Altman-Z | 2.3 |
ROIC/WACC1.04
WACC6.52%
2.3 Liquidity
- A Current Ratio of 1.43 indicates that VCT should not have too much problems paying its short term obligations.
- VCT has a worse Current ratio (1.43) than 70.59% of its industry peers.
- A Quick Ratio of 1.02 indicates that VCT should not have too much problems paying its short term obligations.
- VCT has a Quick ratio of 1.02. This is in the lower half of the industry: VCT underperforms 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
- VCT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.59%.
- The Earnings Per Share has been growing by 12.97% on average over the past years. This is quite good.
- Looking at the last year, VCT shows a decrease in Revenue. The Revenue has decreased by -3.29% in the last year.
- VCT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.23% yearly.
EPS 1Y (TTM)0.59%
EPS 3Y10.21%
EPS 5Y12.97%
EPS Q2Q%-1.73%
Revenue 1Y (TTM)-3.29%
Revenue growth 3Y7.54%
Revenue growth 5Y7.23%
Sales Q2Q%-2.69%
3.2 Future
- VCT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.44% yearly.
- The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y7.55%
EPS Next 2Y11.17%
EPS Next 3Y11.44%
EPS Next 5YN/A
Revenue Next Year-2.78%
Revenue Next 2Y1.11%
Revenue Next 3Y1.8%
Revenue Next 5Y3.11%
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 stable.
- 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
- VCT is valuated correctly with a Price/Earnings ratio of 13.31.
- VCT's Price/Earnings ratio is a bit cheaper when compared to the industry. VCT is cheaper than 64.71% of the companies in the same industry.
- VCT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.87.
- VCT is valuated reasonably with a Price/Forward Earnings ratio of 11.39.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of VCT indicates a rather cheap valuation: VCT is cheaper than 82.35% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.96, VCT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.31 | ||
| Fwd PE | 11.39 |
4.2 Price Multiples
- 76.47% of the companies in the same industry are more expensive than VCT, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, VCT is valued cheaper than 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.58 | ||
| EV/EBITDA | 6.3 |
4.3 Compensation for Growth
- VCT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.76
PEG (5Y)1.03
EPS Next 2Y11.17%
EPS Next 3Y11.44%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.51%, VCT has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.76, VCT has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, VCT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
5.2 History
- The dividend of VCT is nicely growing with an annual growth rate of 6.77%!
Dividend Growth(5Y)6.77%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- 42.82% of the earnings are spent on dividend by VCT. This is a bit on the high side, but may be sustainable.
- VCT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP42.82%
EPS Next 2Y11.17%
EPS Next 3Y11.44%
VICAT / VCT.PA FAQ
What is the ChartMill fundamental rating of VICAT (VCT.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to VCT.PA.
What is the valuation status for VCT stock?
ChartMill assigns a valuation rating of 6 / 10 to VICAT (VCT.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for VICAT?
VICAT (VCT.PA) has a profitability rating of 5 / 10.
Can you provide the financial health for VCT stock?
The financial health rating of VICAT (VCT.PA) is 3 / 10.
What is the expected EPS growth for VICAT (VCT.PA) stock?
The Earnings per Share (EPS) of VICAT (VCT.PA) is expected to grow by 7.55% in the next year.