Carrefour (EPA:CA) Has A Somewhat Strained Balance Sheet
Oct 25
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French (CAC) Food and Staples Retail Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies5
- 7D-3.5%
- 3M-7.5%
- 1Y-16.5%
- YTD-13.6%
Over the last 7 days, the Food and Staples Retail industry has dropped 3.3%, driven by pullbacks in Carrefour and Casino Guichard-Perrachon of 2.1% and 26%, respectively. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 9.6% annually.
Industry Valuation and Performance
Has the French Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Nov 2024 | €10.2b | €93.4b | €2.6b | 5.9x | 3.9x | 0.1x |
| Mon, 21 Oct 2024 | €11.0b | €93.4b | €2.6b | 6.3x | 4.3x | 0.1x |
| Wed, 18 Sep 2024 | €11.5b | €93.4b | €2.6b | 6.5x | 4.5x | 0.1x |
| Fri, 16 Aug 2024 | €10.8b | €93.4b | €2.5b | 5.9x | 4.2x | 0.1x |
| Sun, 14 Jul 2024 | €9.7b | €84.8b | €890.9m | 10.4x | 10.9x | 0.1x |
| Tue, 11 Jun 2024 | €10.1b | €84.8b | €889.5m | 10.6x | 11.4x | 0.1x |
| Thu, 09 May 2024 | €11.2b | €84.8b | €889.5m | 11.9x | 12.6x | 0.1x |
| Sat, 06 Apr 2024 | €10.9b | €84.8b | €889.5m | 11.6x | 12.2x | 0.1x |
| Mon, 04 Mar 2024 | €10.7b | €85.0b | €889.5m | 11.4x | 12x | 0.1x |
| Wed, 31 Jan 2024 | €11.2b | €119.4b | -€948,284,957.00 | 8.8x | -11.8x | 0.09x |
| Fri, 29 Dec 2023 | €11.8b | €119.4b | -€948,284,957.00 | 9.3x | -12.4x | 0.1x |
| Sun, 26 Nov 2023 | €12.3b | €119.4b | -€947,372,397.00 | 9.7x | -13x | 0.1x |
| Tue, 24 Oct 2023 | €11.5b | €119.4b | -€936,242,397.00 | 9.1x | -12.3x | 0.1x |
| Thu, 21 Sep 2023 | €12.4b | €119.4b | -€936,242,397.00 | 9.8x | -13.3x | 0.1x |
| Sat, 19 Aug 2023 | €13.5b | €119.4b | -€936,242,397.00 | 10.4x | -14.4x | 0.1x |
| Mon, 17 Jul 2023 | €13.0b | €219.0b | €543.8m | 9.1x | 23.9x | 0.06x |
| Wed, 14 Jun 2023 | €12.8b | €219.0b | €544.9m | 8.7x | 23.5x | 0.06x |
| Fri, 12 May 2023 | €14.3b | €219.0b | €544.9m | 9.8x | 26.3x | 0.07x |
| Sun, 09 Apr 2023 | €14.4b | €215.5b | €394.9m | 9.9x | 36.6x | 0.07x |
| Tue, 07 Mar 2023 | €14.5b | €212.9b | €414.9m | 9.6x | 35x | 0.07x |
| Thu, 02 Feb 2023 | €15.0b | €208.7b | €80.0m | 13x | 187.3x | 0.07x |
| Sat, 31 Dec 2022 | €13.6b | €208.8b | €79.1m | 11.7x | 171.6x | 0.07x |
| Mon, 28 Nov 2022 | €14.3b | €208.8b | €79.1m | 12.3x | 180.7x | 0.07x |
| Wed, 26 Oct 2022 | €12.6b | €208.8b | €79.1m | 11x | 158.9x | 0.06x |
| Fri, 23 Sep 2022 | €12.9b | €208.8b | €79.7m | 20.4x | 161.7x | 0.06x |
| Sun, 21 Aug 2022 | €14.5b | €208.8b | €79.7m | 22.7x | 181.8x | 0.07x |
| Tue, 19 Jul 2022 | €14.1b | €198.4b | €514.7m | 23.6x | 27.3x | 0.07x |
| Thu, 16 Jun 2022 | €16.0b | €198.4b | €514.7m | 29.5x | 31.1x | 0.08x |
| Sat, 14 May 2022 | €18.2b | €198.4b | €514.7m | 32.8x | 35.3x | 0.09x |
| Mon, 11 Apr 2022 | €17.7b | €197.4b | €381.7m | 36x | 46.3x | 0.09x |
| Wed, 09 Mar 2022 | €15.2b | €197.7b | €638.6m | 12.7x | 23.8x | 0.08x |
| Fri, 04 Feb 2022 | €15.8b | €195.4b | €749.6m | 13.4x | 21.1x | 0.08x |
| Sun, 02 Jan 2022 | €15.4b | €195.4b | €749.6m | 12.8x | 20.6x | 0.08x |
| Tue, 30 Nov 2021 | €14.4b | €195.4b | €749.8m | 12x | 19.2x | 0.07x |
Price to Earnings Ratio
19.2x
Current Industry PE
- Investors are pessimistic on the French Consumer Retailing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 3.9x which is lower than its 3-year average PE of 45.0x.
- The industry is trading close to its 3-year average PS ratio of 0.089x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have grown 51% per year over the last three years.
- Meanwhile revenues for these companies have declined 22% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the French Consumer Staples industry?
| FR Market | -0.31% | |
| Consumer Staples | 0.10% | |
| Food and Staples Retail | -3.52% | |
| Drug Retail | 0% | |
| Food Distributors | 0% | |
| Big Box Super Stores | -2.06% | |
| Food Retail | -24.37% | |
Industry PE
- Investors are most optimistic about the Big Box Super Stores industry, which is trading close to its 3-year average PE ratio of 12.2x.
- Analysts are expecting annual earnings growth of 14.0%, which is higher than its past year's earnings decline of 33.0% per year.
- Investors are most pessimistic about the Food Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Big Box Super Stores industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 33% per year.
- In contrast, the Food Retail industry is expected to see its earnings decline by 82% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MLGRC Groupe Carnivor Société Anonyme | €16.00 | 2.6% +€940.8k | -44.1% | n/a | |
| ALECO écomiam | €2.43 | 1.3% +€101.0k | 11.0% | PS0.2x |