VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
EPA:VIE - Euronext Paris - Matif - FR0000124141 - Common Stock - Currency: EUR
VIE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 13 industry peers in the Multi-Utilities industry. There are concerns on the financial health of VIE while its profitability can be described as average. VIE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VIE was profitable.
VIE had a positive operating cash flow in the past year.
VIE had positive earnings in each of the past 5 years.
VIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VIE (1.51%) is worse than 84.62% of its industry peers.
The Return On Equity of VIE (8.52%) is worse than 69.23% of its industry peers.
VIE has a Return On Invested Capital (5.75%) which is in line with its industry peers.
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 6.66%.
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
The Profit Margin of VIE (2.46%) is worse than 84.62% of its industry peers.
VIE's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 7.50%, VIE is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
VIE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 18.04%, VIE is doing worse than 84.62% of the companies in the same industry.
VIE's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VIE is still creating some value.
VIE has more shares outstanding than it did 1 year ago.
VIE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, VIE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that VIE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of VIE (0.87) is worse than 61.54% of its industry peers.
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.
VIE has a Debt to FCF ratio of 14.13. This is in the better half of the industry: VIE outperforms 61.54% 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.
With a Debt to Equity ratio value of 1.55, VIE is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.27
WACC4.53%
2.3 Liquidity
A Current Ratio of 0.91 indicates that VIE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.91, VIE is in line with its industry, outperforming 46.15% of the companies in the same 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 worse Quick ratio (0.86) than 61.54% of its industry peers.
| 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.
The Earnings Per Share has been growing slightly by 7.31% on average over the past years.
VIE shows a decrease in Revenue. In the last year, the revenue decreased by -1.45%.
VIE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.45% yearly.
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
VIE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.27% yearly.
The Revenue is expected to grow by 3.45% on average over the next years.
EPS Next Y7.74%
EPS Next 2Y8.34%
EPS Next 3Y8.65%
EPS Next 5Y7.27%
Revenue Next Year2.07%
Revenue Next 2Y3.09%
Revenue Next 3Y3.44%
Revenue Next 5Y3.45%
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 20.52, which indicates a rather expensive current valuation of VIE.
Compared to the rest of the industry, the Price/Earnings ratio of VIE indicates a rather expensive valuation: VIE more expensive than 84.62% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.82. VIE is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.65, which indicates a correct valuation of VIE.
61.54% of the companies in the same industry are cheaper than VIE, based on the Price/Forward Earnings ratio.
VIE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 13.65 |
4.2 Price Multiples
69.23% of the companies in the same industry are cheaper than VIE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VIE is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.85 | ||
| EV/EBITDA | 5.82 |
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)2.65
PEG (5Y)2.81
EPS Next 2Y8.34%
EPS Next 3Y8.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.63%, VIE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.33, VIE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.63% |
5.2 History
The dividend of VIE is nicely growing with an annual growth rate of 14.14%!
Dividend Growth(5Y)14.14%
Div Incr Years3
Div Non Decr Years3
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 2Y8.34%
EPS Next 3Y8.65%
EPA:VIE (5/23/2025, 7:00:00 PM)
30.37
-0.52 (-1.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners59.93%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap22.49B
Analysts76.8
Price Target35.82 (17.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.63% |
Yearly Dividend1.72
Dividend Growth(5Y)14.14%
DP110.63%
Div Incr Years3
Div Non Decr Years3
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)-3.48%
PT rev (3m)-2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.71%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.21%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 13.65 | ||
| P/S | 0.5 | ||
| P/FCF | 10.85 | ||
| P/OCF | 4.46 | ||
| P/B | 1.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.82 |
EPS(TTM)1.48
EY4.87%
EPS(NY)2.23
Fwd EY7.33%
FCF(TTM)2.8
FCFY9.22%
OCF(TTM)6.8
OCFY22.4%
SpS60.34
BVpS17.44
TBVpS-9.39
PEG (NY)2.65
PEG (5Y)2.81
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 | 0.87 |
F-Score6
WACC4.53%
ROIC/WACC1.27
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 Y7.74%
EPS Next 2Y8.34%
EPS Next 3Y8.65%
EPS Next 5Y7.27%
Revenue 1Y (TTM)-1.45%
Revenue growth 3Y16.17%
Revenue growth 5Y10.45%
Sales Q2Q%-0.2%
Revenue Next Year2.07%
Revenue Next 2Y3.09%
Revenue Next 3Y3.44%
Revenue Next 5Y3.45%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year99.03%
EBIT Next 3Y30.48%
EBIT Next 5Y18.61%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%