VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
EPA:VIE - Euronext Paris - Matif - FR0000124141 - Common Stock - Currency: EUR
Taking everything into account, VIE scores 3 out of 10 in our fundamental rating. VIE was compared to 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. While showing a medium growth rate, VIE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
VIE had positive earnings in the past year.
VIE had a positive operating cash flow in the past year.
VIE had positive earnings in each of the past 5 years.
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 84.62% 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 69.23% of its industry peers.
VIE has a Return On Invested Capital (5.75%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for VIE is in line with the industry average of 6.44%.
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 84.62% of the companies in the same industry.
VIE's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 7.50%, VIE is doing worse than 69.23% of the companies in the same industry.
VIE's Operating Margin has improved in the last couple of years.
VIE has a Gross Margin of 18.04%. This is amonst the worse of the industry: VIE underperforms 84.62% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VIE 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.
VIE's Altman-Z score of 0.87 is on the low side compared to the rest of the industry. VIE is outperformed by 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's Debt to FCF ratio of 14.13 is fine compared to the rest of the industry. VIE outperforms 69.23% 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.
VIE's Debt to Equity ratio of 1.55 is on the low side compared to the rest of the industry. VIE is outperformed by 61.54% of its industry peers.
| 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.
VIE has a Current ratio of 0.91. This is in the lower half of the industry: VIE underperforms 61.54% of its industry peers.
A Quick Ratio of 0.86 indicates that VIE may have some problems paying 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 69.23% 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.
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.
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 7.38% on average over the next years.
The Revenue is expected to grow by 3.49% on average over the next years.
EPS Next Y7.74%
EPS Next 2Y8.34%
EPS Next 3Y8.65%
EPS Next 5Y7.38%
Revenue Next Year2.07%
Revenue Next 2Y3.09%
Revenue Next 3Y3.44%
Revenue Next 5Y3.49%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.81, VIE is valued on the expensive side.
Based on the Price/Earnings ratio, VIE is valued expensively inside the industry as 84.62% of the companies are valued cheaper.
VIE is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
VIE is valuated correctly with a Price/Forward Earnings ratio of 13.84.
VIE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VIE is more expensive than 69.23% 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 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.81 | ||
| Fwd PE | 13.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VIE is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, VIE is valued cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11 | ||
| EV/EBITDA | 5.79 |
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)2.69
PEG (5Y)2.85
EPS Next 2Y8.34%
EPS Next 3Y8.65%
5. Dividend
5.1 Amount
VIE has a Yearly Dividend Yield of 4.56%, which is a nice return.
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 2.37, VIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
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 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 2Y8.34%
EPS Next 3Y8.65%
EPA:VIE (7/11/2025, 7:00:00 PM)
30.8
+0.11 (+0.36%)
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 Cap22.82B
Analysts76.8
Price Target36.42 (18.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
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)-1.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.22%
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 | 20.81 | ||
| Fwd PE | 13.84 | ||
| P/S | 0.51 | ||
| P/FCF | 11 | ||
| P/OCF | 4.53 | ||
| P/B | 1.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.79 |
EPS(TTM)1.48
EY4.81%
EPS(NY)2.23
Fwd EY7.22%
FCF(TTM)2.8
FCFY9.09%
OCF(TTM)6.8
OCFY22.08%
SpS60.34
BVpS17.44
TBVpS-9.39
PEG (NY)2.69
PEG (5Y)2.85
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 5Y7.38%
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 5Y3.49%
EBIT growth 1Y7.58%
EBIT growth 3Y38.14%
EBIT growth 5Y13.96%
EBIT Next Year98.78%
EBIT Next 3Y30.19%
EBIT Next 5Y18.78%
FCF growth 1Y10.91%
FCF growth 3Y13.48%
FCF growth 5Y7.99%
OCF growth 1Y0.58%
OCF growth 3Y16.98%
OCF growth 5Y10.29%