VEOLIA ENVIRONNEMENT (VVD.DE) Stock Fundamental Analysis
Europe - FRA:VVD - FR0000124141 - Common Stock
28.75 EUR
-0.36 (-1.24%)
Overall VVD gets a fundamental rating of 3 out of 10. We evaluated VVD against 13 industry peers in the Multi-Utilities industry. While VVD is still in line with the averages on profitability rating, there are concerns on its financial health. VVD is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VVD had positive earnings in the past year.
VVD had a positive operating cash flow in the past year.
VVD had positive earnings in each of the past 5 years.
Each year in the past 5 years VVD had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.51%, VVD is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
The Return On Equity of VVD (8.52%) is worse than 69.23% of its industry peers.
VVD has a Return On Invested Capital of 5.75%. This is in the lower half of the industry: VVD underperforms 61.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VVD is in line with the industry average of 6.69%.
The 3 year average ROIC (5.04%) for VVD is below the current ROIC(5.75%), indicating increased profibility in the last year.
| 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 VVD (2.46%) is worse than 84.62% of its industry peers.
In the last couple of years the Profit Margin of VVD has remained more or less at the same level.
With a Operating Margin value of 7.50%, VVD is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of VVD has grown nicely.
VVD has a worse Gross Margin (18.04%) than 84.62% of its industry peers.
In the last couple of years the Gross Margin of VVD 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
VVD 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, VVD has more shares outstanding
The number of shares outstanding for VVD has been increased compared to 5 years ago.
Compared to 1 year ago, VVD has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that VVD is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of VVD (0.86) is worse than 69.23% of its industry peers.
VVD has a debt to FCF ratio of 14.13. This is a negative value and a sign of low solvency as VVD would need 14.13 years to pay back of all of its debts.
VVD has a better Debt to FCF ratio (14.13) than 84.62% of its industry peers.
A Debt/Equity ratio of 1.55 is on the high side and indicates that VVD has dependencies on debt financing.
VVD has a Debt to Equity ratio of 1.55. This is comparable to the rest of the industry: VVD 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
VVD has a Current Ratio of 0.91. This is a bad value and indicates that VVD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.91, VVD perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
VVD has a Quick Ratio of 0.91. This is a bad value and indicates that VVD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.86, VVD perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
VVD 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.
Looking at the last year, VVD shows a decrease in Revenue. The Revenue has decreased by -1.45% in the last year.
The Revenue has been growing by 10.45% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 7.58% on average over the next years.
Based on estimates for the next years, VVD will show a small growth in Revenue. The Revenue will grow by 3.69% on average per year.
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
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.
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
The Price/Earnings ratio is 19.43, which indicates a rather expensive current valuation of VVD.
Based on the Price/Earnings ratio, VVD is valued more expensive than 84.62% of the companies in the same industry.
VVD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
The Price/Forward Earnings ratio is 12.88, which indicates a correct valuation of VVD.
Based on the Price/Forward Earnings ratio, VVD is valued a bit more expensive than 69.23% of the companies in the same industry.
VVD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.43 | ||
| Fwd PE | 12.88 |
4.2 Price Multiples
VVD's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, VVD is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.29 | ||
| EV/EBITDA | 5.63 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VVD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.4
PEG (5Y)2.66
EPS Next 2Y8.38%
EPS Next 3Y8.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.81%, VVD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.17, VVD has a dividend in line with its industry peers.
VVD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
On average, the dividend of VVD 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
VVD pays out 110.63% of its income as dividend. This is not a sustainable payout ratio.
VVD'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%
FRA:VVD (9/16/2025, 7:00:00 PM)
28.75
-0.36 (-1.24%)
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 Cap21.32B
Analysts76
Price Target36.13 (25.67%)
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)-0.72%
PT rev (3m)-0.79%
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 | 19.43 | ||
| Fwd PE | 12.88 | ||
| P/S | 0.48 | ||
| P/FCF | 10.29 | ||
| P/OCF | 4.23 | ||
| P/B | 1.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.63 |
EPS(TTM)1.48
EY5.15%
EPS(NY)2.23
Fwd EY7.77%
FCF(TTM)2.79
FCFY9.72%
OCF(TTM)6.79
OCFY23.63%
SpS60.25
BVpS17.41
TBVpS-9.37
PEG (NY)2.4
PEG (5Y)2.66
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%