VIVENDI SE (VIV.PA) Stock Fundamental Analysis
EPA:VIV - Euronext Paris - Matif - FR0000127771 - Common Stock - Currency: EUR
Overall VIV gets a fundamental rating of 4 out of 10. We evaluated VIV against 69 industry peers in the Media industry. VIV has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on VIV.
1. Profitability
1.1 Basic Checks
VIV had positive earnings in the past year.
VIV had a positive operating cash flow in the past year.
VIV had positive earnings in 4 of the past 5 years.
Each year in the past 5 years VIV had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VIV (1.03%) is worse than 64.52% of its industry peers.
VIV has a worse Return On Equity (2.39%) than 67.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.84%, VIV is doing worse than 70.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VIV is significantly below the industry average of 9.42%.
The 3 year average ROIC (1.81%) for VIV is below the current ROIC(1.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 2.39% | ||
| ROIC | 1.84% |
ROA(3y)23.94%
ROA(5y)15.97%
ROE(3y)42.21%
ROE(5y)29.22%
ROIC(3y)1.81%
ROIC(5y)2.17%
1.3 Margins
With a Profit Margin value of 3.85%, VIV perfoms like the industry average, outperforming 53.23% of the companies in the same industry.
In the last couple of years the Profit Margin of VIV has grown nicely.
Looking at the Operating Margin, with a value of 6.48%, VIV is in line with its industry, outperforming 48.39% of the companies in the same industry.
VIV's Operating Margin has declined in the last couple of years.
VIV has a worse Gross Margin (45.83%) than 61.29% of its industry peers.
VIV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.48% | ||
| PM (TTM) | 3.85% | ||
| GM | 45.83% |
OM growth 3Y17.87%
OM growth 5Y-6.92%
PM growth 3Y-38.56%
PM growth 5Y33.42%
GM growth 3Y1.82%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
VIV 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 VIV remains at a similar level compared to 1 year ago.
The number of shares outstanding for VIV has been reduced compared to 5 years ago.
Compared to 1 year ago, VIV has a worse debt to assets ratio.
2.2 Solvency
VIV has an Altman-Z score of 0.67. This is a bad value and indicates that VIV is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.67, VIV is not doing good in the industry: 70.97% of the companies in the same industry are doing better.
VIV has a debt to FCF ratio of 10.28. This is a negative value and a sign of low solvency as VIV would need 10.28 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.28, VIV is doing worse than 66.13% of the companies in the same industry.
VIV has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.37, VIV perfoms like the industry average, outperforming 56.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 10.28 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.38
WACC4.81%
2.3 Liquidity
VIV has a Current Ratio of 0.72. This is a bad value and indicates that VIV is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.72, VIV is not doing good in the industry: 77.42% of the companies in the same industry are doing better.
VIV has a Quick Ratio of 0.72. This is a bad value and indicates that VIV is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.64, VIV is not doing good in the industry: 79.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 140.21% over the past year.
The Earnings Per Share has been growing by 31.28% on average over the past years. This is a very strong growth
The Revenue has grown by 9.54% in the past year. This is quite good.
The Revenue has been decreasing by -5.48% on average over the past years.
EPS 1Y (TTM)140.21%
EPS 3Y-32.36%
EPS 5Y31.28%
EPS Q2Q%-2.52%
Revenue 1Y (TTM)9.54%
Revenue growth 3Y6.63%
Revenue growth 5Y-5.48%
Sales Q2Q%275.91%
3.2 Future
The Earnings Per Share is expected to decrease by -4.60% on average over the next years.
VIV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.44% yearly.
EPS Next Y27.91%
EPS Next 2Y19.79%
EPS Next 3Y15.45%
EPS Next 5Y-4.6%
Revenue Next Year86.35%
Revenue Next 2Y38.43%
Revenue Next 3Y25.03%
Revenue Next 5Y0.44%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.13, the valuation of VIV can be described as very cheap.
Based on the Price/Earnings ratio, VIV is valued cheaper than 80.65% of the companies in the same industry.
VIV's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.36.
With a Price/Forward Earnings ratio of 2.99, the valuation of VIV can be described as very cheap.
Based on the Price/Forward Earnings ratio, VIV is valued cheaper than 95.16% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.49, VIV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 2.99 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VIV.
87.10% of the companies in the same industry are more expensive than VIV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.25 | ||
| EV/EBITDA | 7.47 |
4.3 Compensation for Growth
VIV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VIV's earnings are expected to grow with 15.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)0.23
EPS Next 2Y19.79%
EPS Next 3Y15.45%
5. Dividend
5.1 Amount
VIV has a Yearly Dividend Yield of 9.29%, which is a nice return.
In the last 3 months the price of VIV has falen by -70.23%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 5.05, VIV pays a better dividend. On top of this VIV pays more dividend than 96.77% of the companies listed in the same industry.
VIV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.29% |
5.2 History
The dividend of VIV decreases each year by -11.11%.
Dividend Growth(5Y)-11.11%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
VIV pays out 62.72% of its income as dividend. This is not a sustainable payout ratio.
VIV's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP62.72%
EPS Next 2Y19.79%
EPS Next 3Y15.45%
VIVENDI SE
EPA:VIV (2/4/2025, 11:43:08 AM)
2.781
+0.01 (+0.4%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners22.62%
Inst Owner ChangeN/A
Ins Owners30.02%
Ins Owner ChangeN/A
Market Cap2.86B
Analysts73.33
Price Target3.86 (38.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.29% |
Yearly Dividend0.25
Dividend Growth(5Y)-11.11%
DP62.72%
Div Incr Years0
Div Non Decr Years2
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)-54.32%
PT rev (3m)-70.65%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.23%
EPS NY rev (3m)3.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 2.99 | ||
| P/S | 0.27 | ||
| P/FCF | 3.25 | ||
| P/OCF | 2.08 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.47 |
EPS(TTM)0.39
EY14.02%
EPS(NY)0.93
Fwd EY33.41%
FCF(TTM)0.85
FCFY30.72%
OCF(TTM)1.34
OCFY48.11%
SpS10.2
BVpS16.43
TBVpS-1.12
PEG (NY)0.26
PEG (5Y)0.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 2.39% | ||
| ROCE | 2.64% | ||
| ROIC | 1.84% | ||
| ROICexc | 1.93% | ||
| ROICexgc | 6.68% | ||
| OM | 6.48% | ||
| PM (TTM) | 3.85% | ||
| GM | 45.83% | ||
| FCFM | 8.37% |
ROA(3y)23.94%
ROA(5y)15.97%
ROE(3y)42.21%
ROE(5y)29.22%
ROIC(3y)1.81%
ROIC(5y)2.17%
ROICexc(3y)2.07%
ROICexc(5y)2.43%
ROICexgc(3y)5.74%
ROICexgc(5y)9.31%
ROCE(3y)2.54%
ROCE(5y)3.08%
ROICexcg growth 3Y27.93%
ROICexcg growth 5Y-16.11%
ROICexc growth 3Y30.67%
ROICexc growth 5Y-14.21%
OM growth 3Y17.87%
OM growth 5Y-6.92%
PM growth 3Y-38.56%
PM growth 5Y33.42%
GM growth 3Y1.82%
GM growth 5Y0.23%
F-Score6
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 10.28 | ||
| Debt/EBITDA | 4.74 | ||
| Cap/Depr | 77.93% | ||
| Cap/Sales | 4.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.39% | ||
| Profit Quality | 217.28% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 0.67 |
F-Score6
WACC4.81%
ROIC/WACC0.38
Cap/Depr(3y)61.58%
Cap/Depr(5y)58.76%
Cap/Sales(3y)4.38%
Cap/Sales(5y)4.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)140.21%
EPS 3Y-32.36%
EPS 5Y31.28%
EPS Q2Q%-2.52%
EPS Next Y27.91%
EPS Next 2Y19.79%
EPS Next 3Y15.45%
EPS Next 5Y-4.6%
Revenue 1Y (TTM)9.54%
Revenue growth 3Y6.63%
Revenue growth 5Y-5.48%
Sales Q2Q%275.91%
Revenue Next Year86.35%
Revenue Next 2Y38.43%
Revenue Next 3Y25.03%
Revenue Next 5Y0.44%
EBIT growth 1Y18.23%
EBIT growth 3Y25.69%
EBIT growth 5Y-12.02%
EBIT Next Year131.39%
EBIT Next 3Y36.29%
EBIT Next 5YN/A
FCF growth 1Y1.62%
FCF growth 3Y-11.51%
FCF growth 5Y-8.17%
OCF growth 1Y8.33%
OCF growth 3Y-8.12%
OCF growth 5Y-4.34%