CARREFOUR SA (CA.PA)
FR0000120172 - Common Stock
Taking everything into account, CA scores 5 out of 10 in our fundamental rating. CA was compared to 27 industry peers in the Consumer Staples Distribution & Retail industry. While CA is still in line with the averages on profitability rating, there are concerns on its financial health. CA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally CA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CA was profitable.
CA had a positive operating cash flow in the past year.
In the past 5 years CA has always been profitable.
In the past 5 years CA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CA (2.95%) is comparable to the rest of the industry.
The Return On Equity of CA (14.38%) is better than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.38%, CA is in line with its industry, outperforming 51.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CA is below the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.95% | ||
| ROE | 14.38% | ||
| ROIC | 5.38% |
ROA(3y)2.53%
ROA(5y)2.22%
ROE(3y)12.3%
ROE(5y)10.92%
ROIC(3y)5.84%
ROIC(5y)5.82%
1.3 Margins
Looking at the Profit Margin, with a value of 1.95%, CA is in line with its industry, outperforming 48.15% of the companies in the same industry.
In the last couple of years the Profit Margin of CA has grown nicely.
Looking at the Operating Margin, with a value of 2.68%, CA is in line with its industry, outperforming 40.74% of the companies in the same industry.
CA's Operating Margin has been stable in the last couple of years.
CA has a Gross Margin (19.59%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.68% | ||
| PM (TTM) | 1.95% | ||
| GM | 19.59% |
OM growth 3Y-4.01%
OM growth 5Y0.37%
PM growth 3Y30.04%
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-2.1%
2. Health
2.1 Basic Checks
CA 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, CA has less shares outstanding
Compared to 5 years ago, CA has less shares outstanding
Compared to 1 year ago, CA has a worse debt to assets ratio.
2.2 Solvency
CA has an Altman-Z score of 2.02. This is not the best score and indicates that CA is in the grey zone with still only limited risk for bankruptcy at the moment.
CA has a Altman-Z score of 2.02. This is in the lower half of the industry: CA underperforms 77.78% of its industry peers.
The Debt to FCF ratio of CA is 7.16, which is on the high side as it means it would take CA, 7.16 years of fcf income to pay off all of its debts.
CA has a Debt to FCF ratio (7.16) which is in line with its industry peers.
A Debt/Equity ratio of 1.14 is on the high side and indicates that CA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.14, CA is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 7.16 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.54
WACC3.49%
2.3 Liquidity
CA has a Current Ratio of 0.93. This is a bad value and indicates that CA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.93, CA is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
CA has a Quick Ratio of 0.93. This is a bad value and indicates that CA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.67, CA is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
CA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.27%, which is quite good.
Measured over the past years, CA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.97% on average per year.
Looking at the last year, CA shows a small growth in Revenue. The Revenue has grown by 2.19% in the last year.
CA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.74% yearly.
EPS 1Y (TTM)12.27%
EPS 3Y13.25%
EPS 5Y11.97%
EPS Q2Q%15%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y2.74%
Sales Q2Q%-1.67%
3.2 Future
CA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.49% yearly.
Based on estimates for the next years, CA will show a small growth in Revenue. The Revenue will grow by 0.91% on average per year.
EPS Next Y7.26%
EPS Next 2Y12.39%
EPS Next 3Y13.66%
EPS Next 5Y8.49%
Revenue Next Year2.19%
Revenue Next 2Y2.98%
Revenue Next 3Y3.04%
Revenue Next 5Y0.91%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
CA is valuated cheaply with a Price/Earnings ratio of 7.60.
CA's Price/Earnings ratio is rather cheap when compared to the industry. CA is cheaper than 85.19% of the companies in the same industry.
CA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.41.
A Price/Forward Earnings ratio of 7.08 indicates a rather cheap valuation of CA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CA indicates a rather cheap valuation: CA is cheaper than 88.89% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.59, CA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.6 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CA indicates a rather cheap valuation: CA is cheaper than 85.19% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CA is valued cheaper than 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.28 | ||
| EV/EBITDA | 4.68 |
4.3 Compensation for Growth
CA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CA's earnings are expected to grow with 13.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.05
PEG (5Y)0.64
EPS Next 2Y12.39%
EPS Next 3Y13.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.94%, CA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.02, CA pays a better dividend. On top of this CA pays more dividend than 85.19% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, CA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
5.2 History
On average, the dividend of CA grows each year by 23.65%, which is quite nice.
Dividend Growth(5Y)23.65%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
24.41% of the earnings are spent on dividend by CA. This is a low number and sustainable payout ratio.
The dividend of CA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.41%
EPS Next 2Y12.39%
EPS Next 3Y13.66%
CARREFOUR SA
EPA:CA (7/26/2024, 7:00:00 PM)
13.905
+0.09 (+0.65%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.6 | ||
| Fwd PE | 7.08 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.05
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.95% | ||
| ROE | 14.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.68% | ||
| PM (TTM) | 1.95% | ||
| GM | 19.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)12.27%
EPS 3Y13.25%
EPS 5Y
EPS Q2Q%
EPS Next Y7.26%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y