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VETOQUINOL SA (VETO.PA) Stock Fundamental Analysis

Europe - Euronext Paris - EPA:VETO - FR0004186856 - Common Stock

72.4 EUR
+0.1 (+0.14%)
Last: 12/4/2025, 7:00:00 PM
Fundamental Rating

6

Taking everything into account, VETO scores 6 out of 10 in our fundamental rating. VETO was compared to 55 industry peers in the Pharmaceuticals industry. While VETO has a great health rating, its profitability is only average at the moment. VETO has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

VETO had positive earnings in the past year.
VETO had a positive operating cash flow in the past year.
VETO had positive earnings in each of the past 5 years.
Each year in the past 5 years VETO had a positive operating cash flow.
VETO.PA Yearly Net Income VS EBIT VS OCF VS FCFVETO.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

With a decent Return On Assets value of 8.26%, VETO is doing good in the industry, outperforming 67.86% of the companies in the same industry.
The Return On Equity of VETO (10.57%) is comparable to the rest of the industry.
VETO has a Return On Invested Capital (9.74%) which is in line with its industry peers.
VETO had an Average Return On Invested Capital over the past 3 years of 10.42%. This is below the industry average of 13.92%.
Industry RankSector Rank
ROA 8.26%
ROE 10.57%
ROIC 9.74%
ROA(3y)7.76%
ROA(5y)7.26%
ROE(3y)10.21%
ROE(5y)10.01%
ROIC(3y)10.42%
ROIC(5y)10.94%
VETO.PA Yearly ROA, ROE, ROICVETO.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

VETO has a Profit Margin of 11.26%. This is comparable to the rest of the industry: VETO outperforms 48.21% of its industry peers.
In the last couple of years the Profit Margin of VETO has grown nicely.
Looking at the Operating Margin, with a value of 14.97%, VETO is in line with its industry, outperforming 44.64% of the companies in the same industry.
VETO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 53.16%, VETO is not doing good in the industry: 73.21% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of VETO has remained more or less at the same level.
Industry RankSector Rank
OM 14.97%
PM (TTM) 11.26%
GM 53.16%
OM growth 3Y-5.05%
OM growth 5Y4.22%
PM growth 3Y-3.36%
PM growth 5Y8.56%
GM growth 3Y0.01%
GM growth 5Y0.67%
VETO.PA Yearly Profit, Operating, Gross MarginsVETO.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

9

2. Health

2.1 Basic Checks

VETO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, VETO has less shares outstanding
VETO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VETO is higher compared to a year ago.
VETO.PA Yearly Shares OutstandingVETO.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
VETO.PA Yearly Total Debt VS Total AssetsVETO.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

An Altman-Z score of 5.84 indicates that VETO is not in any danger for bankruptcy at the moment.
VETO has a better Altman-Z score (5.84) than 83.93% of its industry peers.
VETO has a debt to FCF ratio of 0.36. This is a very positive value and a sign of high solvency as it would only need 0.36 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.36, VETO belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
VETO has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, VETO belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.36
Altman-Z 5.84
ROIC/WACC1.22
WACC8.01%
VETO.PA Yearly LT Debt VS Equity VS FCFVETO.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

VETO has a Current Ratio of 3.11. This indicates that VETO is financially healthy and has no problem in meeting its short term obligations.
VETO has a better Current ratio (3.11) than 87.50% of its industry peers.
A Quick Ratio of 2.13 indicates that VETO has no problem at all paying its short term obligations.
VETO's Quick ratio of 2.13 is amongst the best of the industry. VETO outperforms 83.93% of its industry peers.
Industry RankSector Rank
Current Ratio 3.11
Quick Ratio 2.13
VETO.PA Yearly Current Assets VS Current LiabilitesVETO.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 27.94% over the past year.
Measured over the past years, VETO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.54% on average per year.
Looking at the last year, VETO shows a decrease in Revenue. The Revenue has decreased by -0.95% in the last year.
Measured over the past years, VETO shows a small growth in Revenue. The Revenue has been growing by 6.37% on average per year.
EPS 1Y (TTM)27.94%
EPS 3Y-2.18%
EPS 5Y15.54%
EPS Q2Q%5.9%
Revenue 1Y (TTM)-0.95%
Revenue growth 3Y1.13%
Revenue growth 5Y6.37%
Sales Q2Q%-2.57%

3.2 Future

The Earnings Per Share is expected to grow by 4.29% on average over the next years.
Based on estimates for the next years, VETO will show a small growth in Revenue. The Revenue will grow by 1.77% on average per year.
EPS Next Y0.46%
EPS Next 2Y1.35%
EPS Next 3Y2.22%
EPS Next 5Y4.29%
Revenue Next Year-1.84%
Revenue Next 2Y0.21%
Revenue Next 3Y1.33%
Revenue Next 5Y1.77%

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.
VETO.PA Yearly Revenue VS EstimatesVETO.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M 500M
VETO.PA Yearly EPS VS EstimatesVETO.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 14.20, VETO is valued correctly.
Based on the Price/Earnings ratio, VETO is valued a bit cheaper than 67.86% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.41, VETO is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.17 indicates a correct valuation of VETO.
VETO's Price/Forward Earnings ratio is in line with the industry average.
VETO is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.40, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.2
Fwd PE 14.17
VETO.PA Price Earnings VS Forward Price EarningsVETO.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

VETO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VETO is cheaper than 91.07% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VETO is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 17.49
EV/EBITDA 6.1
VETO.PA Per share dataVETO.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VETO does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)30.77
PEG (5Y)0.91
EPS Next 2Y1.35%
EPS Next 3Y2.22%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.23%, VETO has a reasonable but not impressive dividend return.
VETO's Dividend Yield is comparable with the industry average which is at 2.86.
Compared to an average S&P500 Dividend Yield of 2.32, VETO's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.23%

5.2 History

On average, the dividend of VETO grows each year by 12.15%, which is quite nice.
Dividend Growth(5Y)12.15%
Div Incr Years2
Div Non Decr Years5
VETO.PA Yearly Dividends per shareVETO.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

VETO pays out 17.35% of its income as dividend. This is a sustainable payout ratio.
VETO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.35%
EPS Next 2Y1.35%
EPS Next 3Y2.22%
VETO.PA Yearly Income VS Free CF VS DividendVETO.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M
VETO.PA Dividend Payout.VETO.PA Dividend Payout, showing the Payout Ratio.VETO.PA Dividend Payout.PayoutRetained Earnings

VETOQUINOL SA

EPA:VETO (12/4/2025, 7:00:00 PM)

72.4

+0.1 (+0.14%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)10-28 2025-10-28
Earnings (Next)03-18 2026-03-18/amc
Inst Owners12.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap860.11M
Revenue(TTM)532.39M
Net Income(TTM)59.96M
Analysts76.36
Price Target92.57 (27.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.23%
Yearly Dividend0.85
Dividend Growth(5Y)12.15%
DP17.35%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.49%
PT rev (3m)-0.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.26%
EPS NY rev (3m)-5.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.59%
Revenue NY rev (3m)-4.14%
Valuation
Industry RankSector Rank
PE 14.2
Fwd PE 14.17
P/S 1.62
P/FCF 17.49
P/OCF 12.13
P/B 1.52
P/tB 2.39
EV/EBITDA 6.1
EPS(TTM)5.1
EY7.04%
EPS(NY)5.11
Fwd EY7.06%
FCF(TTM)4.14
FCFY5.72%
OCF(TTM)5.97
OCFY8.24%
SpS44.81
BVpS47.76
TBVpS30.36
PEG (NY)30.77
PEG (5Y)0.91
Graham Number74.03
Profitability
Industry RankSector Rank
ROA 8.26%
ROE 10.57%
ROCE 13.46%
ROIC 9.74%
ROICexc 14.05%
ROICexgc 28.31%
OM 14.97%
PM (TTM) 11.26%
GM 53.16%
FCFM 9.24%
ROA(3y)7.76%
ROA(5y)7.26%
ROE(3y)10.21%
ROE(5y)10.01%
ROIC(3y)10.42%
ROIC(5y)10.94%
ROICexc(3y)14.12%
ROICexc(5y)14.55%
ROICexgc(3y)32.54%
ROICexgc(5y)64.95%
ROCE(3y)14.44%
ROCE(5y)15.15%
ROICexgc growth 3Y-12.45%
ROICexgc growth 5Y-6.32%
ROICexc growth 3Y-4.01%
ROICexc growth 5Y0.96%
OM growth 3Y-5.05%
OM growth 5Y4.22%
PM growth 3Y-3.36%
PM growth 5Y8.56%
GM growth 3Y0.01%
GM growth 5Y0.67%
F-Score8
Asset Turnover0.73
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.36
Debt/EBITDA 0.09
Cap/Depr 66.6%
Cap/Sales 4.08%
Interest Coverage 225.74
Cash Conversion 63.14%
Profit Quality 82.04%
Current Ratio 3.11
Quick Ratio 2.13
Altman-Z 5.84
F-Score8
WACC8.01%
ROIC/WACC1.22
Cap/Depr(3y)55.27%
Cap/Depr(5y)116.71%
Cap/Sales(3y)3.68%
Cap/Sales(5y)10.26%
Profit Quality(3y)108.96%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.94%
EPS 3Y-2.18%
EPS 5Y15.54%
EPS Q2Q%5.9%
EPS Next Y0.46%
EPS Next 2Y1.35%
EPS Next 3Y2.22%
EPS Next 5Y4.29%
Revenue 1Y (TTM)-0.95%
Revenue growth 3Y1.13%
Revenue growth 5Y6.37%
Sales Q2Q%-2.57%
Revenue Next Year-1.84%
Revenue Next 2Y0.21%
Revenue Next 3Y1.33%
Revenue Next 5Y1.77%
EBIT growth 1Y23.1%
EBIT growth 3Y-3.97%
EBIT growth 5Y10.86%
EBIT Next Year34.1%
EBIT Next 3Y14.9%
EBIT Next 5Y10.55%
FCF growth 1Y-40.42%
FCF growth 3Y5.94%
FCF growth 5Y12.58%
OCF growth 1Y-33.08%
OCF growth 3Y-1.47%
OCF growth 5Y10.53%

VETOQUINOL SA / VETO.PA FAQ

What is the fundamental rating for VETO stock?

ChartMill assigns a fundamental rating of 6 / 10 to VETO.PA.


What is the valuation status of VETOQUINOL SA (VETO.PA) stock?

ChartMill assigns a valuation rating of 5 / 10 to VETOQUINOL SA (VETO.PA). This can be considered as Fairly Valued.


How profitable is VETOQUINOL SA (VETO.PA) stock?

VETOQUINOL SA (VETO.PA) has a profitability rating of 5 / 10.


What is the financial health of VETOQUINOL SA (VETO.PA) stock?

The financial health rating of VETOQUINOL SA (VETO.PA) is 9 / 10.


What is the expected EPS growth for VETOQUINOL SA (VETO.PA) stock?

The Earnings per Share (EPS) of VETOQUINOL SA (VETO.PA) is expected to grow by 0.46% in the next year.