CARREFOUR SA (CA.PA)
FR0000120172 - Common Stock
We assign a fundamental rating of 5 out of 10 to CA. CA was compared to 29 industry peers in the Consumer Staples Distribution & Retail industry. There are concerns on the financial health of CA while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on CA. CA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CA was profitable.
In the past year CA had a positive cash flow from operations.
Each year in the past 5 years CA has been profitable.
CA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CA's Return On Assets of 3.05% is in line compared to the rest of the industry. CA outperforms 51.85% of its industry peers.
Looking at the Return On Equity, with a value of 15.91%, CA is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CA has a Return On Invested Capital of 5.49%. This is comparable to the rest of the industry: CA outperforms 51.85% of its industry peers.
CA had an Average Return On Invested Capital over the past 3 years of 5.84%. This is below the industry average of 8.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 15.91% | ||
| ROIC | 5.49% |
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
CA has a Profit Margin (1.95%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CA has grown nicely.
CA has a Operating Margin (2.68%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CA has remained more or less at the same level.
With a Gross Margin value of 19.59%, CA perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CA is creating some value.
CA has less shares outstanding than it did 1 year ago.
CA has less shares outstanding than it did 5 years ago.
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's Altman-Z score of 2.02 is on the low side compared to the rest of the industry. CA is outperformed by 77.78% of its industry peers.
The Debt to FCF ratio of CA is 7.61, which is on the high side as it means it would take CA, 7.61 years of fcf income to pay off all of its debts.
CA has a Debt to FCF ratio (7.61) which is comparable to the rest of the industry.
CA has a Debt/Equity ratio of 1.36. This is a high value indicating a heavy dependency on external financing.
CA's Debt to Equity ratio of 1.36 is on the low side compared to the rest of the industry. CA is outperformed by 81.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.61 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.53
WACC3.59%
2.3 Liquidity
A Current Ratio of 0.85 indicates that CA may have some problems paying its short term obligations.
CA's Current ratio of 0.85 is in line compared to the rest of the industry. CA outperforms 55.56% of its industry peers.
CA has a Quick Ratio of 0.85. This is a bad value and indicates that CA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.60, CA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.52% over the past year.
The Earnings Per Share has been growing by 11.97% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.19% in the past 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)11.52%
EPS 3Y13.25%
EPS 5Y11.97%
EPS Q2Q%2.22%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y2.74%
Sales Q2Q%-0.3%
3.2 Future
The Earnings Per Share is expected to grow by 8.49% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.91% on average over the next years.
EPS Next Y3.23%
EPS Next 2Y10.35%
EPS Next 3Y12.52%
EPS Next 5Y8.49%
Revenue Next Year1.07%
Revenue Next 2Y2.68%
Revenue Next 3Y2.67%
Revenue Next 5Y0.91%
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 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 reasonably with a Price/Earnings ratio of 8.07.
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.
Compared to an average S&P500 Price/Earnings ratio of 29.65, CA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.66, the valuation of CA can be described as very cheap.
96.30% of the companies in the same industry are more expensive than CA, based on the Price/Forward Earnings ratio.
CA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.07 | ||
| Fwd PE | 6.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CA is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CA indicates a rather cheap valuation: CA is cheaper than 92.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.58 | ||
| EV/EBITDA | 5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CA's earnings are expected to grow with 12.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.5
PEG (5Y)0.67
EPS Next 2Y10.35%
EPS Next 3Y12.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.88%, CA is a good candidate for dividend investing.
CA's Dividend Yield is rather good when compared to the industry average which is at 3.99. CA pays more dividend than 88.89% of the companies in the same industry.
CA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.88% |
5.2 History
The dividend of CA is nicely growing with an annual growth rate of 23.65%!
Dividend Growth(5Y)23.65%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
36.17% of the earnings are spent on dividend by CA. This is a low number and sustainable payout ratio.
CA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.17%
EPS Next 2Y10.35%
EPS Next 3Y12.52%
CARREFOUR SA
EPA:CA (9/6/2024, 7:00:00 PM)
14.85
+0.06 (+0.41%)
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 Cap9.85B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.88% |
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)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
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)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
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 | 8.07 | ||
| Fwd PE | 6.66 | ||
| 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)2.5
PEG (5Y)0.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 15.91% | ||
| 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 Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 | ||
| 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)11.52%
EPS 3Y13.25%
EPS 5Y
EPS Q2Q%
EPS Next Y3.23%
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