VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
Europe - EPA:VIE - FR0000124141 - Common Stock
29.715 EUR
+0.14 (+0.46%)
Overall VIE gets a fundamental rating of 4 out of 10. We evaluated VIE against 14 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 not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VIE was profitable.
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's Return On Assets of 1.51% is on the low side compared to the rest of the industry. VIE is outperformed by 85.71% of its industry peers.
The Return On Equity of VIE (8.52%) is worse than 64.29% of its industry peers.
The Return On Invested Capital of VIE (5.75%) is comparable to the rest of the industry.
VIE had an Average Return On Invested Capital over the past 3 years of 5.04%. This is in line with the industry average of 6.45%.
The last Return On Invested Capital (5.75%) for VIE is above the 3 year average (5.04%), which is a sign of increasing profitability.
| 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 worse Profit Margin (2.46%) than 85.71% 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 on the low side compared to the rest of the industry. VIE is outperformed by 64.29% of its industry peers.
In the last couple of years the Operating Margin of VIE has grown nicely.
VIE has a Gross Margin of 18.04%. This is amonst the worse of the industry: VIE underperforms 85.71% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VIE is creating some value.
VIE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for VIE has been increased compared to 5 years ago.
VIE has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that VIE is in the distress zone and has some risk of bankruptcy.
VIE has a Altman-Z score of 0.86. This is in the lower half of the industry: VIE underperforms 78.57% of its industry peers.
The Debt to FCF ratio of VIE is 14.13, which is on the high side as it means it would take VIE, 14.13 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of VIE (14.13) is better than 92.86% of its industry peers.
A Debt/Equity ratio of 1.55 is on the high side and indicates that VIE has dependencies on debt financing.
VIE has a Debt to Equity ratio of 1.55. This is comparable to the rest of the industry: VIE outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.26
WACC4.58%
2.3 Liquidity
A Current Ratio of 0.91 indicates that VIE may have some problems paying its short term obligations.
With a Current ratio value of 0.91, VIE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 0.86 indicates that VIE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, VIE is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.01% over the past year.
Measured over the past 5 years, VIE shows a small growth in Earnings Per Share. The EPS has been growing by 7.31% on average per year.
VIE shows a decrease in Revenue. In the last year, the revenue decreased by -1.45%.
Measured over the past years, VIE shows a quite strong growth in Revenue. The Revenue has been growing by 10.45% on average per year.
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
Based on estimates for the next years, VIE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.29% on average per year.
VIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.60% yearly.
EPS Next Y8.12%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPS Next 5Y8.29%
Revenue Next Year1.95%
Revenue Next 2Y3.01%
Revenue Next 3Y3.17%
Revenue Next 5Y3.6%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
The Price/Earnings ratio is 20.08, which indicates a rather expensive current valuation of VIE.
Based on the Price/Earnings ratio, VIE is valued expensively inside the industry as 85.71% of the companies are valued cheaper.
Compared to an average S&P500 Price/Earnings ratio of 27.69, VIE is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.31, which indicates a correct valuation of VIE.
The rest of the industry has a similar Price/Forward Earnings ratio as VIE.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.18, VIE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 13.31 |
4.2 Price Multiples
VIE's Enterprise Value to EBITDA is on the same level as the industry average.
92.86% 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 | 10.63 | ||
| EV/EBITDA | 5.67 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.47
PEG (5Y)2.75
EPS Next 2Y8.38%
EPS Next 3Y8.51%
5. Dividend
5.1 Amount
VIE has a Yearly Dividend Yield of 4.68%, which is a nice return.
Compared to an average industry Dividend Yield of 5.06, VIE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
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.
The dividend of VIE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP110.63%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPA:VIE (10/21/2025, 2:21:16 PM)
29.715
+0.14 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners69.87%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap22.04B
Analysts76
Price Target36.17 (21.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
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%
PT rev (3m)-0.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 13.31 | ||
| P/S | 0.49 | ||
| P/FCF | 10.63 | ||
| P/OCF | 4.37 | ||
| P/B | 1.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.67 |
EPS(TTM)1.48
EY4.98%
EPS(NY)2.23
Fwd EY7.52%
FCF(TTM)2.79
FCFY9.41%
OCF(TTM)6.79
OCFY22.86%
SpS60.25
BVpS17.41
TBVpS-9.37
PEG (NY)2.47
PEG (5Y)2.75
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
WACC4.58%
ROIC/WACC1.26
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 Y8.12%
EPS Next 2Y8.38%
EPS Next 3Y8.51%
EPS Next 5Y8.29%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
Revenue Next Year1.95%
Revenue Next 2Y3.01%
Revenue Next 3Y3.17%
Revenue Next 5Y3.6%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.4%
EBIT Next 3Y29.88%
EBIT Next 5Y19.04%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%