VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
Europe - EPA:VIE - FR0000124141 - Common Stock
28.56 EUR
-0.06 (-0.21%)
We assign a fundamental rating of 3 out of 10 to VIE. VIE was compared to 13 industry peers in the Multi-Utilities industry. VIE has a medium profitability rating, but doesn't score so well on its financial health evaluation. VIE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VIE had positive earnings in the past year.
In the past year VIE had a positive cash flow from operations.
Each year in the past 5 years VIE has been profitable.
In the past 5 years VIE always reported a positive cash flow from operatings.
1.2 Ratios
VIE has a worse Return On Assets (1.51%) than 76.92% of its industry peers.
With a Return On Equity value of 8.52%, VIE is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
VIE has a Return On Invested Capital (5.75%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for VIE is in line with the industry average of 6.69%.
The 3 year average ROIC (5.04%) for VIE is below the current ROIC(5.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 8.52% | ||
| ROIC | 5.75% |
ROA(3y)1.26%
ROA(5y)0.95%
ROE(3y)7.32%
ROE(5y)5.34%
ROIC(3y)5.04%
ROIC(5y)4.36%
1.3 Margins
VIE has a Profit Margin of 2.46%. This is in the lower half of the industry: VIE underperforms 76.92% of its industry peers.
VIE's Profit Margin has been stable in the last couple of years.
VIE's Operating Margin of 7.50% is in line compared to the rest of the industry. VIE outperforms 46.15% of its industry peers.
VIE's Operating Margin has improved in the last couple of years.
The Gross Margin of VIE (18.04%) is worse than 76.92% of its industry peers.
In the last couple of years the Gross Margin of VIE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 2.46% | ||
| GM | 18.04% |
OM growth 3Y18.91%
OM growth 5Y3.17%
PM growth 3Y20.1%
PM growth 5Y1.34%
GM growth 3Y3.77%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
VIE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for VIE has been increased compared to 1 year ago.
Compared to 5 years ago, VIE has more shares outstanding
The debt/assets ratio for VIE is higher compared to a year ago.
2.2 Solvency
VIE has an Altman-Z score of 0.86. This is a bad value and indicates that VIE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.86, VIE is doing worse than 76.92% of the companies in the same industry.
VIE has a debt to FCF ratio of 14.13. This is a negative value and a sign of low solvency as VIE would need 14.13 years to pay back of all of its debts.
The Debt to FCF ratio of VIE (14.13) is better than 92.31% of its industry peers.
VIE has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.55, VIE perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.3
WACC4.41%
2.3 Liquidity
VIE has a Current Ratio of 0.91. This is a bad value and indicates that VIE is not financially healthy enough and could expect problems in meeting its short term obligations.
VIE has a Current ratio (0.91) which is comparable to the rest of the industry.
VIE has a Quick Ratio of 0.91. This is a bad value and indicates that VIE is not financially healthy enough and could expect problems in meeting its short term obligations.
VIE has a Quick ratio (0.86) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
VIE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.01%, which is quite good.
VIE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.31% yearly.
Looking at the last year, VIE shows a decrease in Revenue. The Revenue has decreased by -1.45% in the last year.
The Revenue has been growing by 10.45% on average over the past years. This is quite good.
EPS 1Y (TTM)15.01%
EPS 3Y31.56%
EPS 5Y7.31%
EPS Q2Q%7.14%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
3.2 Future
The Earnings Per Share is expected to grow by 7.58% on average over the next years.
Based on estimates for the next years, VIE will show a small growth in Revenue. The Revenue will grow by 3.69% on average per year.
EPS Next Y8.09%
EPS Next 2Y8.38%
EPS Next 3Y8.66%
EPS Next 5Y7.58%
Revenue Next Year1.95%
Revenue Next 2Y3%
Revenue Next 3Y3.16%
Revenue Next 5Y3.69%
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 stable.
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
VIE is valuated rather expensively with a Price/Earnings ratio of 19.30.
Compared to the rest of the industry, the Price/Earnings ratio of VIE indicates a slightly more expensive valuation: VIE is more expensive than 76.92% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, VIE is valued a bit cheaper.
With a Price/Forward Earnings ratio of 12.79, VIE is valued correctly.
VIE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VIE is more expensive than 61.54% of the companies in the same industry.
VIE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.3 | ||
| Fwd PE | 12.79 |
4.2 Price Multiples
VIE's Enterprise Value to EBITDA ratio is in line with the industry average.
92.31% of the companies in the same industry are more expensive than VIE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.22 | ||
| EV/EBITDA | 5.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VIE does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.38
PEG (5Y)2.64
EPS Next 2Y8.38%
EPS Next 3Y8.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.81%, VIE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.17, VIE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
On average, the dividend of VIE grows each year by 14.14%, which is quite nice.
Dividend Growth(5Y)14.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
110.63% of the earnings are spent on dividend by VIE. This is not a sustainable payout ratio.
VIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP110.63%
EPS Next 2Y8.38%
EPS Next 3Y8.66%
EPA:VIE (9/18/2025, 5:36:15 PM)
28.56
-0.06 (-0.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners62.28%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap21.18B
Analysts76
Price Target36.17 (26.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend1.72
Dividend Growth(5Y)14.14%
DP110.63%
Div Incr Years4
Div Non Decr Years4
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)-0.62%
PT rev (3m)-0.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.33%
EPS NY rev (3m)0.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.3 | ||
| Fwd PE | 12.79 | ||
| P/S | 0.47 | ||
| P/FCF | 10.22 | ||
| P/OCF | 4.2 | ||
| P/B | 1.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.56 |
EPS(TTM)1.48
EY5.18%
EPS(NY)2.23
Fwd EY7.82%
FCF(TTM)2.79
FCFY9.79%
OCF(TTM)6.79
OCFY23.78%
SpS60.25
BVpS17.41
TBVpS-9.37
PEG (NY)2.38
PEG (5Y)2.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 8.52% | ||
| ROCE | 7.92% | ||
| ROIC | 5.75% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 23.25% | ||
| OM | 7.5% | ||
| PM (TTM) | 2.46% | ||
| GM | 18.04% | ||
| FCFM | 4.64% |
ROA(3y)1.26%
ROA(5y)0.95%
ROE(3y)7.32%
ROE(5y)5.34%
ROIC(3y)5.04%
ROIC(5y)4.36%
ROICexc(3y)6.81%
ROICexc(5y)6.13%
ROICexgc(3y)18.27%
ROICexgc(5y)16.36%
ROCE(3y)6.95%
ROCE(5y)6.02%
ROICexcg growth 3Y15.28%
ROICexcg growth 5Y0.49%
ROICexc growth 3Y14.61%
ROICexc growth 5Y-0.23%
OM growth 3Y18.91%
OM growth 5Y3.17%
PM growth 3Y20.1%
PM growth 5Y1.34%
GM growth 3Y3.77%
GM growth 5Y1.11%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Debt/EBITDA | 3.11 | ||
| Cap/Depr | 96.55% | ||
| Cap/Sales | 6.63% | ||
| Interest Coverage | 4.55 | ||
| Cash Conversion | 78.45% | ||
| Profit Quality | 188.28% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.86 |
F-Score6
WACC4.41%
ROIC/WACC1.3
Cap/Depr(3y)95.76%
Cap/Depr(5y)89.42%
Cap/Sales(3y)6.68%
Cap/Sales(5y)6.46%
Profit Quality(3y)191.78%
Profit Quality(5y)437.08%
High Growth Momentum
Growth
EPS 1Y (TTM)15.01%
EPS 3Y31.56%
EPS 5Y7.31%
EPS Q2Q%7.14%
EPS Next Y8.09%
EPS Next 2Y8.38%
EPS Next 3Y8.66%
EPS Next 5Y7.58%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
Revenue Next Year1.95%
Revenue Next 2Y3%
Revenue Next 3Y3.16%
Revenue Next 5Y3.69%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.78%
EBIT Next 3Y30.19%
EBIT Next 5Y19.01%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%