Colas (RE.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:RE - FR0000121634 - Common Stock
175 EUR
0 (0%)
Overall RE gets a fundamental rating of 3 out of 10. We evaluated RE against 43 industry peers in the Construction & Engineering industry. RE may be in some trouble as it scores bad on both profitability and health. RE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RE was profitable.
In the past year RE had a positive cash flow from operations.
1.2 Ratios
RE has a Return On Assets of 2.49%. This is comparable to the rest of the industry: RE outperforms 42.11% of its industry peers.
The Return On Equity of RE (10.55%) is comparable to the rest of the industry.
RE's Return On Invested Capital of 5.42% is in line compared to the rest of the industry. RE outperforms 44.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RE is significantly below the industry average of 11.39%.
The 3 year average ROIC (3.32%) for RE is below the current ROIC(5.42%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 10.55% | ||
| ROIC | 5.42% |
ROA(3y)2.14%
ROA(5y)2.26%
ROE(3y)7.31%
ROE(5y)7.83%
ROIC(3y)3.32%
ROIC(5y)3.66%
1.3 Margins
RE's Profit Margin of 1.87% is on the low side compared to the rest of the industry. RE is outperformed by 65.79% of its industry peers.
RE's Profit Margin has declined in the last couple of years.
RE's Operating Margin of 3.10% is on the low side compared to the rest of the industry. RE is outperformed by 60.53% of its industry peers.
RE's Operating Margin has declined in the last couple of years.
RE has a Gross Margin of 49.15%. This is in the better half of the industry: RE outperforms 68.42% of its industry peers.
In the last couple of years the Gross Margin of RE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.1% | ||
| PM (TTM) | 1.87% | ||
| GM | 49.15% |
OM growth 3Y-14.72%
OM growth 5Y-8.71%
PM growth 3Y0.55%
PM growth 5Y-7.11%
GM growth 3Y-3.37%
GM growth 5Y-2.45%
2. Health
2.1 Basic Checks
RE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, RE has about the same amount of shares outstanding.
The debt/assets ratio for RE is higher compared to a year ago.
2.2 Solvency
RE has an Altman-Z score of 1.80. This is a bad value and indicates that RE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.80, RE perfoms like the industry average, outperforming 55.26% of the companies in the same industry.
RE has a debt to FCF ratio of 6.00. This is a slightly negative value and a sign of low solvency as RE would need 6.00 years to pay back of all of its debts.
RE has a Debt to FCF ratio of 6.00. This is comparable to the rest of the industry: RE outperforms 47.37% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that RE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.73, RE is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.63
WACC8.55%
2.3 Liquidity
A Current Ratio of 0.96 indicates that RE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.96, RE is doing worse than 76.32% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that RE may have some problems paying its short term obligations.
RE has a Quick ratio of 0.82. This is in the lower half of the industry: RE underperforms 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.53% over the past year.
Measured over the past years, RE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.70% on average per year.
Looking at the last year, RE shows a quite strong growth in Revenue. The Revenue has grown by 11.64% in the last year.
Measured over the past years, RE shows a small growth in Revenue. The Revenue has been growing by 5.82% on average per year.
EPS 1Y (TTM)21.53%
EPS 3Y4.89%
EPS 5Y-1.7%
EPS Q2Q%-3.2%
Revenue 1Y (TTM)11.64%
Revenue growth 3Y4.3%
Revenue growth 5Y5.82%
Sales Q2Q%4.16%
3.2 Future
The Earnings Per Share is expected to grow by 12.09% on average over the next years. This is quite good.
Based on estimates for the next years, RE will show a small growth in Revenue. The Revenue will grow by 2.71% on average per year.
EPS Next Y-4.46%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPS Next 5YN/A
Revenue Next Year3.25%
Revenue Next 2Y3.2%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
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 accelerating.
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
Based on the Price/Earnings ratio of 19.42, the valuation of RE can be described as rather expensive.
RE's Price/Earnings ratio is a bit more expensive when compared to the industry. RE is more expensive than 60.53% of the companies in the same industry.
RE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.89, which indicates a correct valuation of RE.
60.53% of the companies in the same industry are cheaper than RE, based on the Price/Forward Earnings ratio.
RE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as RE.
RE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.04 | ||
| EV/EBITDA | 6.5 |
4.3 Compensation for Growth
A more expensive valuation may be justified as RE's earnings are expected to grow with 12.09% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.53%
EPS Next 3Y12.09%
5. Dividend
5.1 Amount
RE has a Yearly Dividend Yield of 4.20%, which is a nice return.
RE's Dividend Yield is a higher than the industry average which is at 2.49.
RE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
On average, the dividend of RE grows each year by 20.01%, which is quite nice.
Dividend Growth(5Y)20.01%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RE pays out 81.08% of its income as dividend. This is not a sustainable payout ratio.
RE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP81.08%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPA:RE (12/5/2023, 7:00:00 PM)
175
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.71B
Revenue(TTM)15.80B
Net Income(TTM)296.00M
Analysts40
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend6.86
Dividend Growth(5Y)20.01%
DP81.08%
Div Incr Years1
Div Non Decr Years1
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 14.89 | ||
| P/S | 0.36 | ||
| P/FCF | 14.04 | ||
| P/OCF | 7.08 | ||
| P/B | 2.04 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | 6.5 |
EPS(TTM)9.01
EY5.15%
EPS(NY)11.75
Fwd EY6.71%
FCF(TTM)12.47
FCFY7.13%
OCF(TTM)24.72
OCFY14.13%
SpS484.05
BVpS85.93
TBVpS50.61
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 10.55% | ||
| ROCE | 10.84% | ||
| ROIC | 5.42% | ||
| ROICexc | 5.83% | ||
| ROICexgc | 7.46% | ||
| OM | 3.1% | ||
| PM (TTM) | 1.87% | ||
| GM | 49.15% | ||
| FCFM | 2.58% |
ROA(3y)2.14%
ROA(5y)2.26%
ROE(3y)7.31%
ROE(5y)7.83%
ROIC(3y)3.32%
ROIC(5y)3.66%
ROICexc(3y)3.75%
ROICexc(5y)4.11%
ROICexgc(3y)4.96%
ROICexgc(5y)5.3%
ROCE(3y)5.74%
ROCE(5y)6.34%
ROICexgc growth 3Y-11.09%
ROICexgc growth 5Y-9.22%
ROICexc growth 3Y-12.68%
ROICexc growth 5Y-10.45%
OM growth 3Y-14.72%
OM growth 5Y-8.71%
PM growth 3Y0.55%
PM growth 5Y-7.11%
GM growth 3Y-3.37%
GM growth 5Y-2.45%
F-Score6
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | 2.01 | ||
| Cap/Depr | 76.48% | ||
| Cap/Sales | 2.53% | ||
| Interest Coverage | 1.95 | ||
| Cash Conversion | 79.66% | ||
| Profit Quality | 137.5% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.8 |
F-Score6
WACC8.55%
ROIC/WACC0.63
Cap/Depr(3y)68.97%
Cap/Depr(5y)72.65%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.83%
Profit Quality(3y)280.84%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.53%
EPS 3Y4.89%
EPS 5Y-1.7%
EPS Q2Q%-3.2%
EPS Next Y-4.46%
EPS Next 2Y9.53%
EPS Next 3Y12.09%
EPS Next 5YN/A
Revenue 1Y (TTM)11.64%
Revenue growth 3Y4.3%
Revenue growth 5Y5.82%
Sales Q2Q%4.16%
Revenue Next Year3.25%
Revenue Next 2Y3.2%
Revenue Next 3Y2.71%
Revenue Next 5YN/A
EBIT growth 1Y28.95%
EBIT growth 3Y-11.06%
EBIT growth 5Y-3.4%
EBIT Next Year40.98%
EBIT Next 3Y21.69%
EBIT Next 5YN/A
FCF growth 1Y-44.09%
FCF growth 3Y-52.8%
FCF growth 5Y6.45%
OCF growth 1Y-21.73%
OCF growth 3Y-18.56%
OCF growth 5Y-1.84%
Colas / RE.PA FAQ
What is the fundamental rating for RE stock?
ChartMill assigns a fundamental rating of 3 / 10 to RE.PA.
What is the valuation status of Colas (RE.PA) stock?
ChartMill assigns a valuation rating of 2 / 10 to Colas (RE.PA). This can be considered as Overvalued.
Can you provide the profitability details for Colas?
Colas (RE.PA) has a profitability rating of 4 / 10.
What is the expected EPS growth for Colas (RE.PA) stock?
The Earnings per Share (EPS) of Colas (RE.PA) is expected to decline by -4.46% in the next year.
Is the dividend of Colas sustainable?
The dividend rating of Colas (RE.PA) is 6 / 10 and the dividend payout ratio is 81.08%.