REXEL SA (RXL.PA)
FR0010451203 - Common Stock
We assign a fundamental rating of 6 out of 10 to RXL. RXL was compared to 16 industry peers in the Trading Companies & Distributors industry. While RXL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. RXL is cheap, but on the other hand it scores bad on growth. RXL also has an excellent dividend rating. With these ratings, RXL could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year RXL was profitable.
RXL had a positive operating cash flow in the past year.
Of the past 5 years RXL 4 years were profitable.
RXL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of RXL (5.49%) is better than 81.25% of its industry peers.
RXL's Return On Equity of 13.92% is fine compared to the rest of the industry. RXL outperforms 75.00% of its industry peers.
With an excellent Return On Invested Capital value of 9.19%, RXL belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RXL is in line with the industry average of 8.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 13.92% | ||
| ROIC | 9.19% |
ROA(3y)6%
ROA(5y)3.44%
ROE(3y)14.85%
ROE(5y)8.5%
ROIC(3y)10.11%
ROIC(5y)8.27%
1.3 Margins
RXL's Profit Margin of 4.04% is fine compared to the rest of the industry. RXL outperforms 75.00% of its industry peers.
In the last couple of years the Profit Margin of RXL has grown nicely.
RXL has a better Operating Margin (6.59%) than 81.25% of its industry peers.
RXL's Operating Margin has improved in the last couple of years.
RXL's Gross Margin of 22.42% is fine compared to the rest of the industry. RXL outperforms 62.50% of its industry peers.
In the last couple of years the Gross Margin of RXL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.59% | ||
| PM (TTM) | 4.04% | ||
| GM | 22.42% |
OM growth 3Y22.59%
OM growth 5Y8.37%
PM growth 3YN/A
PM growth 5Y32.18%
GM growth 3Y0.94%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RXL is creating some value.
Compared to 1 year ago, RXL has less shares outstanding
Compared to 5 years ago, RXL has less shares outstanding
RXL has a worse debt/assets ratio than last year.
2.2 Solvency
RXL has an Altman-Z score of 2.74. This is not the best score and indicates that RXL is in the grey zone with still only limited risk for bankruptcy at the moment.
RXL has a Altman-Z score (2.74) which is comparable to the rest of the industry.
RXL has a debt to FCF ratio of 4.88. This is a neutral value as RXL would need 4.88 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.88, RXL is doing good in the industry, outperforming 75.00% of the companies in the same industry.
RXL has a Debt/Equity ratio of 0.73. This is a neutral value indicating RXL is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.73, RXL is doing worse than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 4.88 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.52
WACC6.05%
2.3 Liquidity
RXL has a Current Ratio of 1.65. This is a normal value and indicates that RXL is financially healthy and should not expect problems in meeting its short term obligations.
RXL's Current ratio of 1.65 is in line compared to the rest of the industry. RXL outperforms 43.75% of its industry peers.
RXL has a Quick Ratio of 1.04. This is a normal value and indicates that RXL is financially healthy and should not expect problems in meeting its short term obligations.
RXL has a Quick ratio (1.04) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for RXL have decreased strongly by -15.46% in the last year.
Measured over the past years, RXL shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.33% on average per year.
RXL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.42%.
RXL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.46% yearly.
EPS 1Y (TTM)-15.46%
EPS 3YN/A
EPS 5Y42.33%
EPS Q2Q%-17.82%
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
Revenue growth 5Y7.46%
Sales Q2Q%-1.37%
3.2 Future
RXL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.08% yearly.
RXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.97% yearly.
EPS Next Y-14.76%
EPS Next 2Y-2.93%
EPS Next 3Y1.07%
EPS Next 5Y3.08%
Revenue Next Year0.37%
Revenue Next 2Y1.91%
Revenue Next 3Y2.69%
Revenue Next 5Y2.97%
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
Based on the Price/Earnings ratio of 9.85, the valuation of RXL can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of RXL indicates a rather cheap valuation: RXL is cheaper than 93.75% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.48, RXL is valued rather cheaply.
A Price/Forward Earnings ratio of 10.10 indicates a reasonable valuation of RXL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RXL indicates a rather cheap valuation: RXL is cheaper than 81.25% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of RXL to the average of the S&P500 Index (23.95), we can say RXL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.85 | ||
| Fwd PE | 10.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RXL is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, RXL is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.26 | ||
| EV/EBITDA | 6.72 |
4.3 Compensation for Growth
RXL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-2.93%
EPS Next 3Y1.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.80%, RXL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.83, RXL pays a better dividend. On top of this RXL pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.19, RXL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
5.2 History
On average, the dividend of RXL grows each year by 23.49%, which is quite nice.
Dividend Growth(5Y)23.49%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
46.10% of the earnings are spent on dividend by RXL. This is a bit on the high side, but may be sustainable.
The dividend of RXL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP46.1%
EPS Next 2Y-2.93%
EPS Next 3Y1.07%
REXEL SA
EPA:RXL (12/6/2024, 7:00:00 PM)
25.31
+0.31 (+1.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap7.42B
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
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 | 9.85 | ||
| Fwd PE | 10.1 | ||
| 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)N/A
PEG (5Y)0.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 13.92% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.59% | ||
| PM (TTM) | 4.04% | ||
| GM | 22.42% | ||
| 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 Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.04 | ||
| 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)-15.46%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-14.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
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