VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
Europe - EPA:VIE - FR0000124141 - Common Stock
29.97 EUR
+0.07 (+0.23%)
Taking everything into account, VIE scores 4 out of 10 in our fundamental rating. VIE was compared to 14 industry peers in the Multi-Utilities industry. While VIE is still in line with the averages on profitability rating, there are concerns on its financial health. VIE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
VIE had positive earnings in the past year.
In the past year VIE had a positive cash flow from operations.
In the past 5 years VIE has always been profitable.
VIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VIE (1.51%) is worse than 85.71% of its industry peers.
Looking at the Return On Equity, with a value of 8.52%, VIE is doing worse than 64.29% of the companies in the same industry.
The Return On Invested Capital of VIE (5.75%) is comparable to the rest of the industry.
VIE had an Average Return On Invested Capital over the past 3 years of 5.04%. This is in line with the industry average of 6.51%.
The last Return On Invested Capital (5.75%) for VIE is above the 3 year average (5.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 8.52% | ||
| ROIC | 5.75% |
ROA(3y)1.26%
ROA(5y)0.95%
ROE(3y)7.32%
ROE(5y)5.34%
ROIC(3y)5.04%
ROIC(5y)4.36%
1.3 Margins
The Profit Margin of VIE (2.46%) is worse than 85.71% of its industry peers.
VIE's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 7.50%, VIE is doing worse than 64.29% of the companies in the same industry.
In the last couple of years the Operating Margin of VIE has grown nicely.
VIE has a worse Gross Margin (18.04%) than 85.71% of its industry peers.
VIE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 2.46% | ||
| GM | 18.04% |
OM growth 3Y18.91%
OM growth 5Y3.17%
PM growth 3Y20.1%
PM growth 5Y1.34%
GM growth 3Y3.77%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VIE is still creating some value.
Compared to 1 year ago, VIE has more shares outstanding
VIE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for VIE is higher compared to a year ago.
2.2 Solvency
VIE has an Altman-Z score of 0.87. This is a bad value and indicates that VIE is not financially healthy and even has some risk of bankruptcy.
VIE has a worse Altman-Z score (0.87) than 78.57% of its industry peers.
The Debt to FCF ratio of VIE is 14.13, which is on the high side as it means it would take VIE, 14.13 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 14.13, VIE belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 1.55 is on the high side and indicates that VIE has dependencies on debt financing.
VIE has a Debt to Equity ratio (1.55) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.26
WACC4.56%
2.3 Liquidity
VIE has a Current Ratio of 0.91. This is a bad value and indicates that VIE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.91, VIE is in line with its industry, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 0.86 indicates that VIE may have some problems paying its short term obligations.
The Quick ratio of VIE (0.86) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
VIE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.01%, which is quite good.
The Earnings Per Share has been growing slightly by 7.31% on average over the past years.
VIE shows a decrease in Revenue. In the last year, the revenue decreased by -1.45%.
Measured over the past years, VIE shows a quite strong growth in Revenue. The Revenue has been growing by 10.45% on average per year.
EPS 1Y (TTM)15.01%
EPS 3Y31.56%
EPS 5Y7.31%
EPS Q2Q%7.14%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
3.2 Future
Based on estimates for the next years, VIE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.29% on average per year.
VIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.60% yearly.
EPS Next Y8.12%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPS Next 5Y8.29%
Revenue Next Year1.95%
Revenue Next 2Y3.01%
Revenue Next 3Y3.17%
Revenue Next 5Y3.6%
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
The Price/Earnings ratio is 20.25, which indicates a rather expensive current valuation of VIE.
Based on the Price/Earnings ratio, VIE is valued expensively inside the industry as 85.71% of the companies are valued cheaper.
When comparing the Price/Earnings ratio of VIE to the average of the S&P500 Index (27.40), we can say VIE is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.42, the valuation of VIE can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VIE is on the same level as its industry peers.
VIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 13.42 |
4.2 Price Multiples
VIE'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 VIE indicates a rather cheap valuation: VIE is cheaper than 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.72 | ||
| EV/EBITDA | 5.71 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VIE does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.49
PEG (5Y)2.77
EPS Next 2Y8.38%
EPS Next 3Y8.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.68%, VIE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.85, VIE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
5.2 History
On average, the dividend of VIE grows each year by 14.14%, which is quite nice.
Dividend Growth(5Y)14.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
VIE pays out 110.63% of its income as dividend. This is not a sustainable payout ratio.
VIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP110.63%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPA:VIE (10/17/2025, 7:00:00 PM)
29.97
+0.07 (+0.23%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners69.87%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap22.23B
Analysts76
Price Target36.17 (20.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
Yearly Dividend1.72
Dividend Growth(5Y)14.14%
DP110.63%
Div Incr Years4
Div Non Decr Years4
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%
PT rev (3m)-0.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 13.42 | ||
| P/S | 0.5 | ||
| P/FCF | 10.72 | ||
| P/OCF | 4.41 | ||
| P/B | 1.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.71 |
EPS(TTM)1.48
EY4.94%
EPS(NY)2.23
Fwd EY7.45%
FCF(TTM)2.79
FCFY9.33%
OCF(TTM)6.79
OCFY22.66%
SpS60.25
BVpS17.41
TBVpS-9.37
PEG (NY)2.49
PEG (5Y)2.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 8.52% | ||
| ROCE | 7.92% | ||
| ROIC | 5.75% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 23.25% | ||
| OM | 7.5% | ||
| PM (TTM) | 2.46% | ||
| GM | 18.04% | ||
| FCFM | 4.64% |
ROA(3y)1.26%
ROA(5y)0.95%
ROE(3y)7.32%
ROE(5y)5.34%
ROIC(3y)5.04%
ROIC(5y)4.36%
ROICexc(3y)6.81%
ROICexc(5y)6.13%
ROICexgc(3y)18.27%
ROICexgc(5y)16.36%
ROCE(3y)6.95%
ROCE(5y)6.02%
ROICexcg growth 3Y15.28%
ROICexcg growth 5Y0.49%
ROICexc growth 3Y14.61%
ROICexc growth 5Y-0.23%
OM growth 3Y18.91%
OM growth 5Y3.17%
PM growth 3Y20.1%
PM growth 5Y1.34%
GM growth 3Y3.77%
GM growth 5Y1.11%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Debt/EBITDA | 3.11 | ||
| Cap/Depr | 96.55% | ||
| Cap/Sales | 6.63% | ||
| Interest Coverage | 4.55 | ||
| Cash Conversion | 78.45% | ||
| Profit Quality | 188.28% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.87 |
F-Score6
WACC4.56%
ROIC/WACC1.26
Cap/Depr(3y)95.76%
Cap/Depr(5y)89.42%
Cap/Sales(3y)6.68%
Cap/Sales(5y)6.46%
Profit Quality(3y)191.78%
Profit Quality(5y)437.08%
High Growth Momentum
Growth
EPS 1Y (TTM)15.01%
EPS 3Y31.56%
EPS 5Y7.31%
EPS Q2Q%7.14%
EPS Next Y8.12%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPS Next 5Y8.29%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
Revenue Next Year1.95%
Revenue Next 2Y3.01%
Revenue Next 3Y3.17%
Revenue Next 5Y3.6%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.4%
EBIT Next 3Y29.88%
EBIT Next 5Y19.04%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%