VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
EPA:VIE - Euronext Paris - Matif - FR0000124141 - Common Stock - Currency: EUR
Taking everything into account, VIE scores 4 out of 10 in our fundamental rating. VIE was compared to 14 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 not valued too expensively and it also shows 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.
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
VIE has a Return On Assets of 1.51%. This is amonst the worse of the industry: VIE underperforms 85.71% of its industry peers.
VIE's Return On Equity of 8.52% is on the low side compared to the rest of the industry. VIE is outperformed by 71.43% of its industry peers.
VIE has a Return On Invested Capital of 5.75%. This is comparable to the rest of the industry: VIE outperforms 50.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VIE is in line with the industry average of 6.51%.
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
Looking at the Profit Margin, with a value of 2.46%, VIE is doing worse than 85.71% of the companies in the same industry.
VIE's Profit Margin has been stable in the last couple of years.
VIE has a Operating Margin of 7.50%. This is in the lower half of the industry: VIE underperforms 71.43% of its industry peers.
In the last couple of years the Operating Margin of VIE has grown nicely.
With a Gross Margin value of 18.04%, VIE is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
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.
VIE has more shares outstanding than it did 5 years ago.
VIE has a worse debt/assets ratio than last year.
2.2 Solvency
VIE has an Altman-Z score of 0.87. This is a bad value and indicates that VIE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.87, VIE perfoms like the industry average, outperforming 42.86% 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.
VIE has a better Debt to FCF ratio (14.13) than 71.43% 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.
Looking at the Debt to Equity ratio, with a value of 1.55, VIE is in line with its industry, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 14.13 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.28
WACC4.5%
2.3 Liquidity
A Current Ratio of 0.91 indicates that VIE may have some problems paying its short term obligations.
VIE has a Current ratio of 0.91. This is in the lower half of the industry: VIE underperforms 64.29% of its industry peers.
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's Quick ratio of 0.86 is on the low side compared to the rest of the industry. VIE is outperformed by 71.43% of its industry peers.
| 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.
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 7.50% yearly.
VIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.56% yearly.
EPS Next Y7.74%
EPS Next 2Y8.34%
EPS Next 3Y8.65%
EPS Next 5Y7.5%
Revenue Next Year2.07%
Revenue Next 2Y3.09%
Revenue Next 3Y3.44%
Revenue Next 5Y3.56%
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
Based on the Price/Earnings ratio of 20.21, the valuation of VIE can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of VIE indicates a rather expensive valuation: VIE more expensive than 85.71% of the companies listed in the same industry.
VIE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.44, VIE is valued correctly.
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 22.41, VIE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.21 | ||
| Fwd PE | 13.44 |
4.2 Price Multiples
VIE's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, VIE is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.69 | ||
| EV/EBITDA | 5.75 |
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)2.61
PEG (5Y)2.76
EPS Next 2Y8.34%
EPS Next 3Y8.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.58%, VIE is a good candidate for dividend investing.
VIE's Dividend Yield is a higher than the industry average which is at 4.96.
Compared to an average S&P500 Dividend Yield of 2.40, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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
VIE pays out 110.63% of its income as dividend. 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 2Y8.34%
EPS Next 3Y8.65%
EPA:VIE (6/17/2025, 5:36:15 PM)
29.91
-0.44 (-1.45%)
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 Cap22.15B
Analysts76.8
Price Target36.42 (21.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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)1.67%
PT rev (3m)-1.46%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.21 | ||
| Fwd PE | 13.44 | ||
| P/S | 0.5 | ||
| P/FCF | 10.69 | ||
| P/OCF | 4.4 | ||
| P/B | 1.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.75 |
EPS(TTM)1.48
EY4.95%
EPS(NY)2.23
Fwd EY7.44%
FCF(TTM)2.8
FCFY9.36%
OCF(TTM)6.8
OCFY22.74%
SpS60.34
BVpS17.44
TBVpS-9.39
PEG (NY)2.61
PEG (5Y)2.76
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
WACC4.5%
ROIC/WACC1.28
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 5Y7.5%
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 5Y3.56%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.78%
EBIT Next 3Y30.19%
EBIT Next 5Y18.88%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%