VETOQUINOL SA (VETO.PA) Stock Fundamental Analysis
EPA:VETO - Euronext Paris - Matif - FR0004186856 - Common Stock - Currency: EUR
VETO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 52 industry peers in the Pharmaceuticals industry. VETO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. VETO has a valuation in line with the averages, but it does not seem to be growing.
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.
VETO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VETO (7.89%) is better than 72.00% of its industry peers.
Looking at the Return On Equity, with a value of 10.19%, VETO is in line with its industry, outperforming 54.00% of the companies in the same industry.
VETO has a Return On Invested Capital (9.22%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for VETO is below the industry average of 15.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.89% | ||
| ROE | 10.19% | ||
| ROIC | 9.22% |
ROA(3y)7.76%
ROA(5y)7.26%
ROE(3y)10.21%
ROE(5y)10.01%
ROIC(3y)10.42%
ROIC(5y)10.94%
1.3 Margins
The Profit Margin of VETO (10.88%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VETO has grown nicely.
VETO's Operating Margin of 14.24% is in line compared to the rest of the industry. VETO outperforms 46.00% of its industry peers.
VETO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 50.82%, VETO is doing worse than 72.00% of the companies in the same industry.
VETO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.24% | ||
| PM (TTM) | 10.88% | ||
| GM | 50.82% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VETO is creating some value.
The number of shares outstanding for VETO has been reduced compared to 1 year ago.
The number of shares outstanding for VETO has been reduced compared to 5 years ago.
VETO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.87 indicates that VETO is not in any danger for bankruptcy at the moment.
VETO has a Altman-Z score of 5.87. This is amongst the best in the industry. VETO outperforms 86.00% of its industry peers.
VETO has a debt to FCF ratio of 0.31. This is a very positive value and a sign of high solvency as it would only need 0.31 years to pay back of all of its debts.
VETO has a better Debt to FCF ratio (0.31) than 96.00% of its industry peers.
VETO has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.02, VETO belongs to the best of the industry, outperforming 88.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 5.87 |
ROIC/WACC1.19
WACC7.76%
2.3 Liquidity
VETO has a Current Ratio of 2.98. This indicates that VETO is financially healthy and has no problem in meeting its short term obligations.
VETO has a better Current ratio (2.98) than 92.00% of its industry peers.
A Quick Ratio of 2.18 indicates that VETO has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.18, VETO belongs to the best of the industry, outperforming 86.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.18 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.02% over the past year.
VETO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.54% yearly.
VETO shows a small growth in Revenue. In the last year, the Revenue has grown by 1.88%.
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)6.02%
EPS 3Y-2.18%
EPS 5Y15.54%
EPS Q2Q%50.43%
Revenue 1Y (TTM)1.88%
Revenue growth 3Y1.13%
Revenue growth 5Y6.37%
Sales Q2Q%0.63%
3.2 Future
Based on estimates for the next years, VETO will show a small growth in Earnings Per Share. The EPS will grow by 2.81% on average per year.
VETO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.69% yearly.
EPS Next Y6.53%
EPS Next 2Y4.14%
EPS Next 3Y2.81%
EPS Next 5YN/A
Revenue Next Year1.89%
Revenue Next 2Y2.51%
Revenue Next 3Y2.69%
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
A Price/Earnings ratio of 15.98 indicates a correct valuation of VETO.
Compared to the rest of the industry, the Price/Earnings ratio of VETO indicates a somewhat cheap valuation: VETO is cheaper than 62.00% of the companies listed in the same industry.
VETO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.54.
A Price/Forward Earnings ratio of 15.02 indicates a correct valuation of VETO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VETO is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.44, VETO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 15.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VETO indicates a rather cheap valuation: VETO is cheaper than 86.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VETO indicates a somewhat cheap valuation: VETO is cheaper than 78.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.88 | ||
| EV/EBITDA | 6.89 |
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)2.45
PEG (5Y)1.03
EPS Next 2Y4.14%
EPS Next 3Y2.81%
5. Dividend
5.1 Amount
VETO has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
VETO's Dividend Yield is comparable with the industry average which is at 3.00.
Compared to an average S&P500 Dividend Yield of 2.35, VETO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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
5.3 Sustainability
VETO pays out 17.14% of its income as dividend. This is a sustainable payout ratio.
The dividend of VETO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP17.14%
EPS Next 2Y4.14%
EPS Next 3Y2.81%
EPA:VETO (7/18/2025, 7:00:00 PM)
79.6
-0.5 (-0.62%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)
Earnings (Next)
Inst Owners12.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap945.65M
Analysts78.18
Price Target93.02 (16.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend0.85
Dividend Growth(5Y)12.15%
DP17.14%
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%
PT rev (3m)-5.59%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 15.02 | ||
| P/S | 1.75 | ||
| P/FCF | 13.88 | ||
| P/OCF | 11.02 | ||
| P/B | 1.64 | ||
| P/tB | 2.65 | ||
| EV/EBITDA | 6.89 |
EPS(TTM)4.98
EY6.26%
EPS(NY)5.3
Fwd EY6.66%
FCF(TTM)5.74
FCFY7.21%
OCF(TTM)7.22
OCFY9.08%
SpS45.39
BVpS48.47
TBVpS30.08
PEG (NY)2.45
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.89% | ||
| ROE | 10.19% | ||
| ROCE | 12.75% | ||
| ROIC | 9.22% | ||
| ROICexc | 14.02% | ||
| ROICexgc | 31.25% | ||
| OM | 14.24% | ||
| PM (TTM) | 10.88% | ||
| GM | 50.82% | ||
| FCFM | 12.64% |
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%
ROICexcg growth 3Y-12.45%
ROICexcg 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-Score6
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.31 | ||
| Debt/EBITDA | 0.1 | ||
| Cap/Depr | 57.74% | ||
| Cap/Sales | 3.28% | ||
| Interest Coverage | 159.67 | ||
| Cash Conversion | 79.9% | ||
| Profit Quality | 116.12% | ||
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.18 | ||
| Altman-Z | 5.87 |
F-Score6
WACC7.76%
ROIC/WACC1.19
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)6.02%
EPS 3Y-2.18%
EPS 5Y15.54%
EPS Q2Q%50.43%
EPS Next Y6.53%
EPS Next 2Y4.14%
EPS Next 3Y2.81%
EPS Next 5YN/A
Revenue 1Y (TTM)1.88%
Revenue growth 3Y1.13%
Revenue growth 5Y6.37%
Sales Q2Q%0.63%
Revenue Next Year1.89%
Revenue Next 2Y2.51%
Revenue Next 3Y2.69%
Revenue Next 5YN/A
EBIT growth 1Y7.37%
EBIT growth 3Y-3.97%
EBIT growth 5Y10.86%
EBIT Next Year33.55%
EBIT Next 3Y14.79%
EBIT Next 5YN/A
FCF growth 1Y-3.17%
FCF growth 3Y5.94%
FCF growth 5Y12.58%
OCF growth 1Y-3.99%
OCF growth 3Y-1.47%
OCF growth 5Y10.53%