VETOQUINOL SA (VETO.PA) Fundamental Analysis & Valuation

EPA:VETOFR0004186856

Current stock price

78.75 EUR
+1.75 (+2.27%)
Last:

This VETO.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. VETO.PA Profitability Analysis

1.1 Basic Checks

  • In the past year VETO was profitable.
  • 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.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 8.28%, VETO is in the better half of the industry, outperforming 60.78% of the companies in the same industry.
  • VETO's Return On Equity of 10.59% is in line compared to the rest of the industry. VETO outperforms 52.94% of its industry peers.
  • With a Return On Invested Capital value of 9.70%, VETO perfoms like the industry average, outperforming 54.90% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for VETO is significantly below the industry average of 17.40%.
Industry RankSector Rank
ROA 8.28%
ROE 10.59%
ROIC 9.7%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

  • VETO's Profit Margin of 11.28% is in line compared to the rest of the industry. VETO outperforms 47.06% of its industry peers.
  • In the last couple of years the Profit Margin of VETO has grown nicely.
  • VETO's Operating Margin of 14.91% is in line compared to the rest of the industry. VETO outperforms 43.14% of its industry peers.
  • 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: 72.55% 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 14.91%
PM (TTM) 11.28%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

9

2. VETO.PA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VETO is still creating some value.
  • The number of shares outstanding for VETO has been reduced compared to 1 year ago.
  • VETO has less shares outstanding than it did 5 years ago.
  • VETO has a worse debt/assets ratio than last year.
VETO.PA Yearly Shares OutstandingVETO.PA Yearly Shares OutstandingYearly Shares Outstanding 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 6.05 indicates that VETO is not in any danger for bankruptcy at the moment.
  • VETO has a Altman-Z score of 6.05. This is amongst the best in the industry. VETO outperforms 88.24% of its industry peers.
  • The Debt to FCF ratio of VETO is 0.36, which is an excellent value as it means it would take VETO, only 0.36 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of VETO (0.36) is better than 96.08% of its industry peers.
  • A Debt/Equity ratio of 0.02 indicates that VETO is not too dependend on debt financing.
  • VETO has a Debt to Equity ratio of 0.02. This is amongst the best in the industry. VETO outperforms 90.20% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.36
Altman-Z 6.05
ROIC/WACC1.23
WACC7.91%
VETO.PA Yearly LT Debt VS Equity VS FCFVETO.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • A Current Ratio of 3.11 indicates that VETO has no problem at all paying its short term obligations.
  • VETO's Current ratio of 3.11 is amongst the best of the industry. VETO outperforms 92.16% of its industry peers.
  • VETO has a Quick Ratio of 2.13. This indicates that VETO is financially healthy and has no problem in meeting its short term obligations.
  • VETO has a better Quick ratio (2.13) than 90.20% 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. VETO.PA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 26.53% 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.
  • VETO shows a decrease in Revenue. In the last year, the revenue decreased by -0.95%.
  • VETO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.37% yearly.
EPS 1Y (TTM)26.53%
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 4.40% 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 1.86% on average per year.
EPS Next Y0.21%
EPS Next 2Y4.77%
EPS Next 3Y5.94%
EPS Next 5Y4.4%
Revenue Next Year-1.84%
Revenue Next 2Y-0.88%
Revenue Next 3Y0.8%
Revenue Next 5Y1.86%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

5

4. VETO.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 15.63, VETO is valued correctly.
  • Compared to the rest of the industry, the Price/Earnings ratio of VETO indicates a somewhat cheap valuation: VETO is cheaper than 70.59% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.21, VETO is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 14.42, the valuation of VETO can be described as correct.
  • 70.59% of the companies in the same industry are more expensive than VETO, based on the Price/Forward Earnings ratio.
  • VETO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.63
Fwd PE 14.42
VETO.PA Price Earnings VS Forward Price EarningsVETO.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 92.16% of the companies listed in the same industry.
  • 64.71% of the companies in the same industry are more expensive than VETO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 18.96
EV/EBITDA 6.61
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)76.21
PEG (5Y)1.01
EPS Next 2Y4.77%
EPS Next 3Y5.94%

4

5. VETO.PA Dividend Analysis

5.1 Amount

  • VETO has a Yearly Dividend Yield of 1.14%.
  • VETO's Dividend Yield is comparable with the industry average which is at 1.94.
  • Compared to the average S&P500 Dividend Yield of 1.89, VETO is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.14%

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 17.31% 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.
DP17.31%
EPS Next 2Y4.77%
EPS Next 3Y5.94%
VETO.PA Yearly Income VS Free CF VS DividendVETO.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 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

VETO.PA Fundamentals: All Metrics, Ratios and Statistics

VETOQUINOL SA

EPA:VETO (4/8/2026, 2:45:59 PM)

78.75

+1.75 (+2.27%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)03-27
Earnings (Next)04-28
Inst Owners14.01%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap935.55M
Revenue(TTM)532.39M
Net Income(TTM)60.08M
Analysts80
Price Target95.12 (20.79%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.14%
Yearly Dividend0.85
Dividend Growth(5Y)12.15%
DP17.31%
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)2.92%
PT rev (3m)2.92%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.21%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 15.63
Fwd PE 14.42
P/S 1.76
P/FCF 18.96
P/OCF 13.11
P/B 1.65
P/tB 2.59
EV/EBITDA 6.61
EPS(TTM)5.04
EY6.4%
EPS(NY)5.46
Fwd EY6.93%
FCF(TTM)4.15
FCFY5.27%
OCF(TTM)6.01
OCFY7.63%
SpS44.81
BVpS47.76
TBVpS30.36
PEG (NY)76.21
PEG (5Y)1.01
Graham Number73.6
Profitability
Industry RankSector Rank
ROA 8.28%
ROE 10.59%
ROCE 13.41%
ROIC 9.7%
ROICexc 14%
ROICexgc 28.21%
OM 14.91%
PM (TTM) 11.28%
GM 53.16%
FCFM 9.27%
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 67.44%
Cap/Sales 4.14%
Interest Coverage 224.29
Cash Conversion 63.69%
Profit Quality 82.14%
Current Ratio 3.11
Quick Ratio 2.13
Altman-Z 6.05
F-Score8
WACC7.91%
ROIC/WACC1.23
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)26.53%
EPS 3Y-2.18%
EPS 5Y15.54%
EPS Q2Q%5.9%
EPS Next Y0.21%
EPS Next 2Y4.77%
EPS Next 3Y5.94%
EPS Next 5Y4.4%
Revenue 1Y (TTM)-0.95%
Revenue growth 3Y1.13%
Revenue growth 5Y6.37%
Sales Q2Q%-2.57%
Revenue Next Year-1.84%
Revenue Next 2Y-0.88%
Revenue Next 3Y0.8%
Revenue Next 5Y1.86%
EBIT growth 1Y22.66%
EBIT growth 3Y-3.97%
EBIT growth 5Y10.86%
EBIT Next Year35.14%
EBIT Next 3Y14.46%
EBIT Next 5Y11.94%
FCF growth 1Y-40.35%
FCF growth 3Y5.94%
FCF growth 5Y12.58%
OCF growth 1Y-32.73%
OCF growth 3Y-1.47%
OCF growth 5Y10.53%

VETOQUINOL SA / VETO.PA Fundamental Analysis 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 for VETO stock?

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


Can you provide the profitability details for VETOQUINOL SA?

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


Can you provide the expected EPS growth for VETO stock?

The Earnings per Share (EPS) of VETOQUINOL SA (VETO.PA) is expected to grow by 0.21% in the next year.


How sustainable is the dividend of VETOQUINOL SA (VETO.PA) stock?

The dividend rating of VETOQUINOL SA (VETO.PA) is 4 / 10 and the dividend payout ratio is 17.31%.