VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
Europe - EPA:VIE - FR0000124141 - Common Stock
29.2 EUR
+0.06 (+0.21%)
VIE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 13 industry peers in the Multi-Utilities industry. VIE has a medium profitability rating, but doesn't score so well on its financial health evaluation. VIE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VIE was profitable.
VIE had a positive operating cash flow in the past year.
Each year in the past 5 years VIE has been profitable.
In the past 5 years VIE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of VIE (1.51%) is worse than 84.62% of its industry peers.
Looking at the Return On Equity, with a value of 8.52%, VIE is doing worse than 69.23% of the companies in the same industry.
VIE has a Return On Invested Capital of 5.75%. This is in the lower half of the industry: VIE underperforms 61.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VIE is in line with the industry average of 6.69%.
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
VIE has a worse Profit Margin (2.46%) than 84.62% of its industry peers.
VIE's Profit Margin has been stable in the last couple of years.
VIE has a worse Operating Margin (7.50%) than 61.54% of its industry peers.
In the last couple of years the Operating Margin of VIE has grown nicely.
The Gross Margin of VIE (18.04%) is worse than 84.62% of its industry peers.
In the last couple of years the Gross Margin of VIE has remained more or less at the same level.
| 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
VIE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, VIE has more shares outstanding
The number of shares outstanding for VIE has been increased compared to 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 0.86. This is a bad value and indicates that VIE is not financially healthy and even has some risk of bankruptcy.
VIE has a Altman-Z score of 0.86. This is in the lower half of the industry: VIE underperforms 69.23% 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.
VIE has a Debt to FCF ratio of 14.13. This is amongst the best in the industry. VIE outperforms 84.62% of its industry peers.
A Debt/Equity ratio of 1.55 is on the high side and indicates that VIE has dependencies on debt financing.
VIE's Debt to Equity ratio of 1.55 is in line compared to the rest of the industry. VIE outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.29
WACC4.45%
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.
VIE has a Current ratio (0.91) which is comparable to the rest of the industry.
VIE has a Quick 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.
VIE's Quick ratio of 0.86 is in line compared to the rest of the industry. VIE outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.01% over the past year.
VIE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.31% yearly.
Looking at the last year, VIE shows a decrease in Revenue. The Revenue has decreased by -1.45% in the last year.
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 small growth in Earnings Per Share. The EPS will grow by 7.58% on average per year.
The Revenue is expected to grow by 3.69% on average over the next years.
EPS Next Y8.09%
EPS Next 2Y8.38%
EPS Next 3Y8.66%
EPS Next 5Y7.58%
Revenue Next Year1.95%
Revenue Next 2Y3%
Revenue Next 3Y3.16%
Revenue Next 5Y3.69%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
With a Price/Earnings ratio of 19.73, VIE is valued on the expensive side.
Based on the Price/Earnings ratio, VIE is valued more expensive than 84.62% of the companies in the same industry.
When comparing the Price/Earnings ratio of VIE to the average of the S&P500 Index (27.27), we can say VIE is valued slightly cheaper.
VIE is valuated correctly with a Price/Forward Earnings ratio of 13.08.
VIE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VIE is more expensive than 69.23% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.77. VIE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 13.08 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VIE.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VIE indicates a rather cheap valuation: VIE is cheaper than 84.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.45 | ||
| EV/EBITDA | 5.62 |
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)2.44
PEG (5Y)2.7
EPS Next 2Y8.38%
EPS Next 3Y8.66%
5. Dividend
5.1 Amount
VIE has a Yearly Dividend Yield of 4.81%, which is a nice return.
VIE's Dividend Yield is comparable with the industry average which is at 5.17.
Compared to an average S&P500 Dividend Yield of 2.38, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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 3Y8.66%
EPA:VIE (9/15/2025, 7:00:00 PM)
29.2
+0.06 (+0.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners62.28%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap21.66B
Analysts76
Price Target36.17 (23.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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)-0.62%
PT rev (3m)-0.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.33%
EPS NY rev (3m)0.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 13.08 | ||
| P/S | 0.48 | ||
| P/FCF | 10.45 | ||
| P/OCF | 4.3 | ||
| P/B | 1.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.62 |
EPS(TTM)1.48
EY5.07%
EPS(NY)2.23
Fwd EY7.65%
FCF(TTM)2.79
FCFY9.57%
OCF(TTM)6.79
OCFY23.26%
SpS60.25
BVpS17.41
TBVpS-9.37
PEG (NY)2.44
PEG (5Y)2.7
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 | 0.86 |
F-Score6
WACC4.45%
ROIC/WACC1.29
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 Y8.09%
EPS Next 2Y8.38%
EPS Next 3Y8.66%
EPS Next 5Y7.58%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
Revenue Next Year1.95%
Revenue Next 2Y3%
Revenue Next 3Y3.16%
Revenue Next 5Y3.69%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.78%
EBIT Next 3Y30.19%
EBIT Next 5Y19.01%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%