CARREFOUR SA (CA.PA)
FR0000120172 - Common Stock
Overall CA gets a fundamental rating of 5 out of 10. We evaluated CA against 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. CA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. CA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CA had positive earnings in the past year.
In the past year CA had a positive cash flow from operations.
Each year in the past 5 years CA has been profitable.
In the past 5 years CA always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.95%, CA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Return On Equity of CA (14.38%) is better than 67.86% of its industry peers.
CA's Return On Invested Capital of 5.38% is in line compared to the rest of the industry. CA outperforms 50.00% 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 8.37%.
| 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 57.14% of the companies in the same industry.
CA's Profit Margin has improved in the last couple of years.
CA has a Operating Margin of 2.68%. This is comparable to the rest of the industry: CA outperforms 42.86% of its industry peers.
In the last couple of years the Operating Margin of CA has remained more or less at the same level.
CA has a Gross Margin (19.59%) which is comparable to the rest of the 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.
Compared to 1 year ago, CA has less shares outstanding
CA has less shares outstanding than it did 5 years ago.
CA has a worse debt/assets ratio than last year.
2.2 Solvency
CA has an Altman-Z score of 2.04. 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 2.04 is on the low side compared to the rest of the industry. CA is outperformed by 71.43% of its industry peers.
CA has a debt to FCF ratio of 7.16. This is a slightly negative value and a sign of low solvency as CA would need 7.16 years to pay back of all of its debts.
CA has a Debt to FCF ratio (7.16) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.14 is on the high side and indicates that CA has dependencies on debt financing.
CA has a Debt to Equity ratio of 1.14. This is in the lower half of the industry: CA underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 7.16 | ||
| Altman-Z | 2.04 |
ROIC/WACC1.49
WACC3.62%
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.
CA has a Current ratio of 0.93. This is in the better half of the industry: CA outperforms 64.29% of its industry peers.
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.
CA's Quick ratio of 0.67 is fine compared to the rest of the industry. CA outperforms 71.43% of its industry peers.
| 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.
The Earnings Per Share has been growing by 11.97% on average over the past years. This is quite good.
Looking at the last year, CA shows a small growth in Revenue. The Revenue has grown by 2.19% in the last year.
Measured over the past years, CA shows a small growth in Revenue. The Revenue has been growing by 2.74% on average per year.
EPS 1Y (TTM)12.27%
EPS 3Y13.25%
EPS 5Y11.97%
EPS growth Q2Q15%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y2.74%
Revenue growth Q2Q0.16%
3.2 Future
The Earnings Per Share is expected to grow by 8.42% on average over the next years. This is quite good.
Based on estimates for the next years, CA will show a small growth in Revenue. The Revenue will grow by 2.70% on average per year.
EPS Next Y8.51%
EPS Next 2Y12.86%
EPS Next 3Y13.03%
EPS Next 5Y8.42%
Revenue Next Year3.3%
Revenue Next 2Y3.32%
Revenue Next 3Y3.43%
Revenue Next 5Y2.7%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.61 indicates a reasonable valuation of CA.
Based on the Price/Earnings ratio, CA is valued cheaply inside the industry as 89.29% of the companies are valued more expensively.
CA is valuated cheaply when we compare the Price/Earnings ratio to 24.76, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.94, which indicates a rather cheap valuation of CA.
Based on the Price/Forward Earnings ratio, CA is valued cheaper than 92.86% of the companies in the same industry.
CA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.61 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CA is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
92.86% of the companies in the same industry are more expensive than CA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.89 | ||
| EV/EBITDA | 5.06 |
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 13.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)0.72
EPS Next 2Y12.86%
EPS Next 3Y13.03%
5. Dividend
5.1 Amount
CA has a Yearly Dividend Yield of 5.51%, which is a nice return.
Compared to an average industry Dividend Yield of 3.95, CA pays a better dividend. On top of this CA pays more dividend than 82.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, CA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.51% |
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
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 2Y12.86%
EPS Next 3Y13.03%
CARREFOUR SA
EPA:CA (4/19/2024, 7:00:00 PM)
15.76
+0.04 (+0.29%)
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 Cap10.89B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.51% |
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)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 8.61 | ||
| Fwd PE | 7.94 | ||
| 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)1.01
PEG (5Y)0.72
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)
Growth
EPS 1Y (TTM)12.27%
EPS 3Y13.25%
EPS 5Y
EPS growth Q2Q
EPS Next Y8.51%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.19%
Revenue growth 3Y5.58%
Revenue growth 5Y
Revenue growth 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