SAVENCIA SA (SAVE.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:SAVE - FR0000120107 - Common Stock
59.8 EUR
+0.6 (+1.01%)
We assign a fundamental rating of 4 out of 10 to SAVE. SAVE was compared to 62 industry peers in the Food Products industry. SAVE has only an average score on both its financial health and profitability. SAVE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- SAVE had positive earnings in the past year.
- In the past year SAVE had a positive cash flow from operations.
- Each year in the past 5 years SAVE has been profitable.
- Each year in the past 5 years SAVE had a positive operating cash flow.
1.2 Ratios
- SAVE's Return On Assets of 1.75% is on the low side compared to the rest of the industry. SAVE is outperformed by 61.29% of its industry peers.
- The Return On Equity of SAVE (5.26%) is comparable to the rest of the industry.
- The Return On Invested Capital of SAVE (5.07%) is comparable to the rest of the industry.
- SAVE had an Average Return On Invested Capital over the past 3 years of 6.25%. This is in line with the industry average of 7.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.75% | ||
| ROE | 5.26% | ||
| ROIC | 5.07% |
ROA(3y)1.91%
ROA(5y)1.9%
ROE(3y)5.51%
ROE(5y)5.6%
ROIC(3y)6.25%
ROIC(5y)6.42%
1.3 Margins
- SAVE's Profit Margin of 1.22% is on the low side compared to the rest of the industry. SAVE is outperformed by 61.29% of its industry peers.
- In the last couple of years the Profit Margin of SAVE has remained more or less at the same level.
- The Operating Margin of SAVE (2.58%) is worse than 66.13% of its industry peers.
- In the last couple of years the Operating Margin of SAVE has declined.
- SAVE has a Gross Margin of 34.10%. This is comparable to the rest of the industry: SAVE outperforms 50.00% of its industry peers.
- In the last couple of years the Gross Margin of SAVE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.58% | ||
| PM (TTM) | 1.22% | ||
| GM | 34.1% |
OM growth 3Y-6.57%
OM growth 5Y-3.18%
PM growth 3Y0.45%
PM growth 5Y0.38%
GM growth 3Y-2.98%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SAVE is still creating some value.
- SAVE has about the same amout of shares outstanding than it did 1 year ago.
- SAVE has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for SAVE has been reduced compared to a year ago.
2.2 Solvency
- SAVE has an Altman-Z score of 2.24. This is not the best score and indicates that SAVE is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.24, SAVE perfoms like the industry average, outperforming 53.23% of the companies in the same industry.
- SAVE has a debt to FCF ratio of 23.16. This is a negative value and a sign of low solvency as SAVE would need 23.16 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 23.16, SAVE is in line with its industry, outperforming 40.32% of the companies in the same industry.
- SAVE has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.24, SAVE belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 23.16 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.92
WACC5.5%
2.3 Liquidity
- A Current Ratio of 1.13 indicates that SAVE should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.13, SAVE is in line with its industry, outperforming 43.55% of the companies in the same industry.
- A Quick Ratio of 0.74 indicates that SAVE may have some problems paying its short term obligations.
- The Quick ratio of SAVE (0.74) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
- SAVE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.44%.
- The Earnings Per Share has been growing by 8.68% on average over the past years. This is quite good.
- Looking at the last year, SAVE shows a small growth in Revenue. The Revenue has grown by 5.30% in the last year.
- The Revenue has been growing slightly by 7.35% on average over the past years.
EPS 1Y (TTM)-14.44%
EPS 3Y9.87%
EPS 5Y8.68%
EPS Q2Q%-32.33%
Revenue 1Y (TTM)5.3%
Revenue growth 3Y8.37%
Revenue growth 5Y7.35%
Sales Q2Q%0.47%
3.2 Future
- The Earnings Per Share is expected to grow by 4.27% on average over the next years.
- Based on estimates for the next years, SAVE will show a small growth in Revenue. The Revenue will grow by 1.14% on average per year.
EPS Next Y-6.15%
EPS Next 2Y0.77%
EPS Next 3Y4.27%
EPS Next 5YN/A
Revenue Next Year-1.7%
Revenue Next 2Y0.36%
Revenue Next 3Y1.14%
Revenue Next 5YN/A
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 8.94, which indicates a very decent valuation of SAVE.
- 85.48% of the companies in the same industry are more expensive than SAVE, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, SAVE is valued rather cheaply.
- The Price/Forward Earnings ratio is 6.83, which indicates a rather cheap valuation of SAVE.
- SAVE's Price/Forward Earnings ratio is rather cheap when compared to the industry. SAVE is cheaper than 95.16% of the companies in the same industry.
- SAVE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 6.83 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SAVE indicates a rather cheap valuation: SAVE is cheaper than 91.94% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, SAVE is valued a bit cheaper than 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.34 | ||
| EV/EBITDA | 4.05 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.03
EPS Next 2Y0.77%
EPS Next 3Y4.27%
5. Dividend
5.1 Amount
- SAVE has a Yearly Dividend Yield of 2.68%. Purely for dividend investing, there may be better candidates out there.
- SAVE's Dividend Yield is comparable with the industry average which is at 2.38.
- SAVE's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
5.2 History
- On average, the dividend of SAVE grows each year by 7.01%, which is quite nice.
Dividend Growth(5Y)7.01%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 29.57% of the earnings are spent on dividend by SAVE. This is a low number and sustainable payout ratio.
- SAVE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP29.57%
EPS Next 2Y0.77%
EPS Next 3Y4.27%
SAVENCIA SA / SAVE.PA FAQ
What is the ChartMill fundamental rating of SAVENCIA SA (SAVE.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SAVE.PA.
What is the valuation status for SAVE stock?
ChartMill assigns a valuation rating of 6 / 10 to SAVENCIA SA (SAVE.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for SAVENCIA SA?
SAVENCIA SA (SAVE.PA) has a profitability rating of 4 / 10.
What are the PE and PB ratios of SAVENCIA SA (SAVE.PA) stock?
The Price/Earnings (PE) ratio for SAVENCIA SA (SAVE.PA) is 8.94 and the Price/Book (PB) ratio is 0.5.
How financially healthy is SAVENCIA SA?
The financial health rating of SAVENCIA SA (SAVE.PA) is 5 / 10.