REXEL SA (RXL.PA)
FR0010451203 - Common Stock
Taking everything into account, RXL scores 5 out of 10 in our fundamental rating. RXL was compared to 14 industry peers in the Trading Companies & Distributors industry. RXL scores excellent on profitability, but there are some minor concerns on its financial health. RXL is valued correctly, but it does not seem to be growing. Finally RXL also has an excellent dividend rating. With these ratings, RXL could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
RXL had positive earnings in the past year.
RXL had a positive operating cash flow in the past year.
RXL had positive earnings in 4 of the past 5 years.
In the past 5 years RXL always reported a positive cash flow from operatings.
1.2 Ratios
RXL has a better Return On Assets (5.68%) than 71.43% of its industry peers.
RXL has a better Return On Equity (14.01%) than 71.43% of its industry peers.
RXL has a better Return On Invested Capital (9.43%) than 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RXL is above the industry average of 7.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 14.01% | ||
| ROIC | 9.43% |
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
With a decent Profit Margin value of 4.04%, RXL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of RXL has grown nicely.
RXL's Operating Margin of 6.59% is fine compared to the rest of the industry. RXL outperforms 71.43% of its industry peers.
RXL's Operating Margin has improved in the last couple of years.
The Gross Margin of RXL (22.42%) is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RXL is still creating some value.
RXL has less shares outstanding than it did 1 year ago.
The number of shares outstanding for RXL has been reduced compared to 5 years ago.
RXL has a worse debt/assets ratio than last year.
2.2 Solvency
RXL has an Altman-Z score of 2.85. 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 better Altman-Z score (2.85) than 71.43% of its industry peers.
The Debt to FCF ratio of RXL is 5.33, which is a neutral value as it means it would take RXL, 5.33 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RXL (5.33) is better than 64.29% of its industry peers.
RXL has a Debt/Equity ratio of 0.71. This is a neutral value indicating RXL is somewhat dependend on debt financing.
The Debt to Equity ratio of RXL (0.71) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.33 | ||
| Altman-Z | 2.85 |
ROIC/WACC1.59
WACC5.93%
2.3 Liquidity
A Current Ratio of 1.75 indicates that RXL should not have too much problems paying its short term obligations.
RXL's Current ratio of 1.75 is fine compared to the rest of the industry. RXL outperforms 71.43% of its industry peers.
A Quick Ratio of 1.13 indicates that RXL should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.13, RXL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The earnings per share for RXL have decreased strongly by -15.18% in the last year.
The Earnings Per Share has been growing by 42.33% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.42% in the past year.
Measured over the past years, RXL shows a small growth in Revenue. The Revenue has been growing by 7.46% on average per year.
EPS 1Y (TTM)-15.18%
EPS 3YN/A
EPS 5Y42.33%
EPS growth Q2Q-24.34%
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
Revenue growth 5Y7.46%
Revenue growth Q2Q-2.37%
3.2 Future
RXL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.16% yearly.
RXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.21% yearly.
EPS Next Y-4.46%
EPS Next 2Y1.45%
EPS Next 3Y4.16%
EPS Next 5YN/A
Revenue Next Year1.66%
Revenue Next 2Y2.65%
Revenue Next 3Y3.32%
Revenue Next 5Y3.21%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.52, which indicates a very decent valuation of RXL.
Based on the Price/Earnings ratio, RXL is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.20. RXL is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.63, the valuation of RXL can be described as reasonable.
RXL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RXL is cheaper than 78.57% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.60, RXL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 9.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RXL is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, RXL is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.28 | ||
| EV/EBITDA | 6.27 |
4.3 Compensation for Growth
The decent profitability rating of RXL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y1.45%
EPS Next 3Y4.16%
5. Dividend
5.1 Amount
RXL has a Yearly Dividend Yield of 4.97%, which is a nice return.
Compared to an average industry Dividend Yield of 5.42, RXL pays a bit more dividend than its industry peers.
RXL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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
RXL pays out 46.75% of its income as dividend. 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.
DP46.75%
EPS Next 2Y1.45%
EPS Next 3Y4.16%
REXEL SA
EPA:RXL (4/23/2024, 7:00:00 PM)
24.46
+0.23 (+0.95%)
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 Cap7.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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 | 9.52 | ||
| Fwd PE | 9.63 | ||
| 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)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 14.01% | ||
| 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 Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.13 | ||
| 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)-15.18%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.42%
Revenue growth 3Y15%
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