PIERRE & VACANCES (VAC.PA)
FR0000073041 - Common Stock
VAC gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 55 industry peers in the Hotels, Restaurants & Leisure industry. VAC has a bad profitability rating. Also its financial health evaluation is rather negative. VAC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
VAC had negative earnings in the past year.
In the past year VAC had a positive cash flow from operations.
VAC had negative earnings in 4 of the past 5 years.
Each year in the past 5 years VAC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.56%, VAC is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 5.38%, VAC is in line with its industry, outperforming 45.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.56% | ||
| ROE | N/A | ||
| ROIC | 5.38% |
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
VAC has a Operating Margin (11.64%) which is comparable to the rest of the industry.
VAC's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 73.01%, VAC is doing good in the industry, outperforming 67.39% of the companies in the same industry.
VAC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.64% | ||
| 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%
2. Health
2.1 Basic Checks
VAC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VAC has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, VAC has more shares outstanding
Compared to 1 year ago, VAC has a worse debt to assets ratio.
2.2 Solvency
VAC has an Altman-Z score of 0.30. This is a bad value and indicates that VAC is not financially healthy and even has some risk of bankruptcy.
VAC has a Altman-Z score of 0.30. This is in the lower half of the industry: VAC underperforms 76.09% 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's Debt to FCF ratio of 22.45 is on the low side compared to the rest of the industry. VAC is outperformed by 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 22.45 | ||
| Altman-Z | 0.3 |
ROIC/WACC0.82
WACC6.6%
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.
With a Current ratio value of 0.78, VAC is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
A Quick Ratio of 0.68 indicates that VAC may have some problems paying its short term obligations.
With a Quick ratio value of 0.68, VAC is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for VAC have decreased strongly by -100.67% in the last year.
VAC shows a small growth in Revenue. In the last year, the Revenue has grown by 6.16%.
The Revenue has been growing slightly by 4.48% on average over the past years.
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 2Y43.23%
EPS Next 3Y36.87%
EPS Next 5YN/A
Revenue Next Year8.74%
Revenue Next 2Y5.35%
Revenue Next 3Y3.96%
Revenue Next 5Y4.51%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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 12.62, VAC is valued correctly.
VAC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VAC is cheaper than 73.91% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.59. VAC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VAC is valued a bit cheaper than 65.22% of the companies in the same industry.
93.48% of the companies in the same industry are more expensive than VAC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.84 | ||
| EV/EBITDA | 7.29 |
4.3 Compensation for Growth
VAC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VAC's earnings are expected to grow with 36.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.23%
EPS Next 3Y36.87%
5. Dividend
5.1 Amount
VAC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PIERRE & VACANCES
EPA:VAC (7/26/2024, 7:00:00 PM)
1.36
+0.03 (+2.56%)
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 Cap617.84M
Analysts
Price Target
Dividend
| Industry Rank | Sector 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)
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 | N/A | ||
| Fwd PE | 12.62 | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.56% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.64% | ||
| 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 Rank | Sector 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