VEOLIA ENVIRONNEMENT (VIE.PA) Stock Fundamental Analysis
EPA:VIE - Euronext Paris - Matif - FR0000124141 - Common Stock - Currency: EUR
Overall VIE gets a fundamental rating of 3 out of 10. We evaluated VIE against 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
In the past year VIE was profitable.
In the past year VIE had a positive cash flow from operations.
VIE had positive earnings in each of the past 5 years.
Each year in the past 5 years VIE had a positive operating cash flow.
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 84.62% of its industry peers.
Looking at the Return On Equity, with a value of 8.52%, VIE is doing worse than 69.23% of the companies in the same industry.
The Return On Invested Capital of VIE (5.75%) 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 6.66%.
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
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.
The Operating Margin of VIE (7.50%) is worse than 69.23% of its industry peers.
In the last couple of years the Operating Margin of VIE has grown nicely.
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.
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
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.
Compared to 5 years ago, VIE has more shares outstanding
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.
The Altman-Z score of VIE (0.87) is worse than 61.54% 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.
With a decent Debt to FCF ratio value of 14.13, VIE is doing good in the industry, outperforming 61.54% of the companies in the same industry.
A Debt/Equity ratio of 1.55 is on the high side and indicates that VIE has dependencies on debt financing.
The Debt to Equity ratio of VIE (1.55) is worse than 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
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.
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.
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 doing worse than 61.54% of the companies in the same 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.
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.
The Revenue has decreased by -1.45% in the past year.
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
The Earnings Per Share is expected to grow by 7.27% on average over the next years.
VIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.45% yearly.
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.
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
A Price/Earnings ratio of 20.52 indicates a rather expensive valuation of VIE.
Based on the Price/Earnings ratio, VIE is valued expensively inside the industry as 84.62% of the companies are valued cheaper.
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.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VIE indicates a slightly more expensive valuation: VIE is more expensive than 61.54% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. VIE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 13.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VIE indicates a slightly more expensive valuation: VIE is more expensive than 69.23% of the companies listed in the same industry.
84.62% 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 | 10.85 | ||
| 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.
VIE's Dividend Yield is comparable with the industry average which is at 5.33.
VIE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.63% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
VIE pays out 110.63% of its income as dividend. 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%