PIERRE & VACANCES (VAC.PA)

FR0000073041 - Common Stock

1.41  0 (0%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to VAC. VAC was compared to 54 industry peers in the Hotels, Restaurants & Leisure industry. VAC has a bad profitability rating. Also its financial health evaluation is rather negative. VAC is valued correctly, but it does not seem to be growing.



3

1. Profitability

1.1 Basic Checks

In the past year VAC has reported negative net income.
In the past year VAC had a positive cash flow from operations.
VAC had negative earnings in 4 of the past 5 years.
VAC had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

VAC has a worse Return On Assets (-1.56%) than 68.09% of its industry peers.
VAC's Return On Invested Capital of 6.68% is fine compared to the rest of the industry. VAC outperforms 61.70% of its industry peers.
Industry RankSector Rank
ROA -1.56%
ROE N/A
ROIC 6.68%
ROA(3y)-1.7%
ROA(5y)-3.65%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

With a decent Operating Margin value of 14.45%, VAC is doing good in the industry, outperforming 74.47% of the companies in the same industry.
VAC's Operating Margin has improved in the last couple of years.
VAC has a better Gross Margin (73.01%) than 72.34% of its industry peers.
In the last couple of years the Gross Margin of VAC has remained more or less at the same level.
Industry RankSector Rank
OM 14.45%
PM (TTM) N/A
GM 73.01%
OM growth 3YN/A
OM growth 5Y74.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.69%
GM growth 5Y0.14%

0

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VAC is creating some value.
The number of shares outstanding for VAC remains at a similar level compared to 1 year ago.
The number of shares outstanding for VAC has been increased compared to 5 years ago.
The debt/assets ratio for VAC is higher compared to a year ago.

2.2 Solvency

VAC has an Altman-Z score of 0.35. This is a bad value and indicates that VAC is not financially healthy and even has some risk of bankruptcy.
VAC's Altman-Z score of 0.35 is on the low side compared to the rest of the industry. VAC is outperformed by 78.72% of its industry peers.
VAC has a debt to FCF ratio of 22.45. This is a negative value and a sign of low solvency as VAC would need 22.45 years to pay back of all of its debts.
VAC has a worse Debt to FCF ratio (22.45) than 72.34% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 22.45
Altman-Z 0.35
ROIC/WACC1.01
WACC6.61%

2.3 Liquidity

VAC has a Current Ratio of 0.78. This is a bad value and indicates that VAC is not financially healthy enough and could expect problems in meeting its short term obligations.
VAC has a worse Current ratio (0.78) than 65.96% of its industry peers.
A Quick Ratio of 0.68 indicates that VAC may have some problems paying its short term obligations.
VAC's Quick ratio of 0.68 is on the low side compared to the rest of the industry. VAC is outperformed by 74.47% of its industry peers.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.68

3

3. Growth

3.1 Past

The earnings per share for VAC have decreased strongly by -100.67% in the last year.
The Revenue has been growing slightly by 6.16% in the past year.
Measured over the past years, VAC shows a small growth in Revenue. The Revenue has been growing by 4.48% on average per year.
EPS 1Y (TTM)-100.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1.63%
Revenue 1Y (TTM)6.16%
Revenue growth 3Y15.1%
Revenue growth 5Y4.48%
Sales Q2Q%4.96%

3.2 Future

Based on estimates for the next years, VAC will show a very strong growth in Earnings Per Share. The EPS will grow by 36.87% on average per year.
VAC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.51% yearly.
EPS Next Y53.85%
EPS Next 2Y40.97%
EPS Next 3Y36.87%
EPS Next 5YN/A
Revenue Next Year6.39%
Revenue Next 2Y4.54%
Revenue Next 3Y3.57%
Revenue Next 5Y4.51%

3.3 Evolution

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.

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VAC. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 13.51, VAC is valued correctly.
Based on the Price/Forward Earnings ratio, VAC is valued a bit cheaper than the industry average as 76.60% of the companies are valued more expensively.
VAC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.71.
Industry RankSector Rank
PE N/A
Fwd PE 13.51

4.2 Price Multiples

76.60% of the companies in the same industry are more expensive than VAC, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VAC indicates a rather cheap valuation: VAC is cheaper than 91.49% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 3.99
EV/EBITDA 6.71

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VAC's earnings are expected to grow with 36.87% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y40.97%
EPS Next 3Y36.87%

0

5. Dividend

5.1 Amount

VAC does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

PIERRE & VACANCES

EPA:VAC (11/8/2024, 7:00:00 PM)

1.41

0 (0%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap640.76M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)
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EPS beat(8)
Avg EPS beat(8)
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)
Avg Revenue beat(8)
Revenue beat(12)
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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 RankSector Rank
PE N/A
Fwd PE 13.51
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)N/A
Profitability
Industry RankSector Rank
ROA -1.56%
ROE N/A
ROCE
ROIC
ROICexc
ROICexgc
OM 14.45%
PM (TTM) N/A
GM 73.01%
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 Turnover0.43
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.78
Quick Ratio 0.68
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)-100.67%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y53.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)6.16%
Revenue growth 3Y15.1%
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