ENXTBR:CFEB

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Compagnie d'Entreprises CFE

Executive Summary

Compagnie d'Entreprises CFE SA operates in dredging, environment, marine engineering, contracting, and real estate sectors. More Details


Snowflake Analysis

Undervalued with moderate growth potential.

Share Price & News

How has Compagnie d'Entreprises CFE's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFEB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.8%

CFEB

-7.1%

BE Construction

-4.4%

BE Market


1 Year Return

-38.4%

CFEB

-27.3%

BE Construction

-23.2%

BE Market

Return vs Industry: CFEB underperformed the Belgian Construction industry which returned -27.3% over the past year.

Return vs Market: CFEB underperformed the Belgian Market which returned -23.2% over the past year.


Shareholder returns

CFEBIndustryMarket
7 Day-4.8%-7.1%-4.4%
30 Day-4.1%-7.8%-5.7%
90 Day-0.7%-9.6%-6.3%
1 Year-38.4%-38.4%-25.0%-27.3%-22.0%-23.2%
3 Year-55.1%-56.7%-20.4%-27.8%-31.3%-35.4%
5 Year-49.6%-53.0%-0.8%-15.7%-24.7%-32.4%

Price Volatility Vs. Market

How volatile is Compagnie d'Entreprises CFE's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Compagnie d'Entreprises CFE undervalued compared to its fair value and its price relative to the market?

35.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFEB (€53.2) is trading below our estimate of fair value (€81.98)

Significantly Below Fair Value: CFEB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CFEB is poor value based on its PE Ratio (13.6x) compared to the XE Construction industry average (10.4x).

PE vs Market: CFEB is good value based on its PE Ratio (13.6x) compared to the Belgian market (13.9x).


Price to Earnings Growth Ratio

PEG Ratio: CFEB is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: CFEB is good value based on its PB Ratio (0.8x) compared to the XE Construction industry average (0.9x).


Next Steps

Future Growth

How is Compagnie d'Entreprises CFE forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

39.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFEB's forecast earnings growth (39.8% per year) is above the savings rate (1.6%).

Earnings vs Market: CFEB's earnings (39.8% per year) are forecast to grow faster than the Belgian market (28.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CFEB's revenue (4.9% per year) is forecast to grow slower than the Belgian market (7.1% per year).

High Growth Revenue: CFEB's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CFEB's Return on Equity is forecast to be low in 3 years time (5.7%).


Next Steps

Past Performance

How has Compagnie d'Entreprises CFE performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFEB has a large one-off gain of €65.0M impacting its June 30 2020 financial results.

Growing Profit Margin: CFEB's current net profit margins (3%) are lower than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: CFEB's earnings have declined by 5.6% per year over the past 5 years.

Accelerating Growth: CFEB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CFEB had negative earnings growth (-38.9%) over the past year, making it difficult to compare to the Construction industry average (2.1%).


Return on Equity

High ROE: CFEB's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is Compagnie d'Entreprises CFE's financial position?


Financial Position Analysis

Short Term Liabilities: CFEB's short term assets (€2.1B) do not cover its short term liabilities (€2.3B).

Long Term Liabilities: CFEB's short term assets (€2.1B) exceed its long term liabilities (€1.3B).


Debt to Equity History and Analysis

Debt Level: CFEB's debt to equity ratio (84.4%) is considered high.

Reducing Debt: CFEB's debt to equity ratio has increased from 52% to 84.4% over the past 5 years.

Debt Coverage: CFEB's debt is well covered by operating cash flow (25.6%).

Interest Coverage: CFEB's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Compagnie d'Entreprises CFE current dividend yield, its reliability and sustainability?

1.71%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CFEB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CFEB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CFEB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFEB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CFEB is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFEB's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average board tenure


CEO

Piet Dejonghe (54 yo)

2.17yrs

Tenure

€405,000

Compensation

Mr. Piet Dejonghe has been the Managing Director of Compagnie d' Entreprises CFE SA since January 15, 2015. He serves as a Director at Delen Private Bank Luxembourg SA. Mr. Dejonghe served as Consultant at ...


CEO Compensation Analysis

Compensation vs Market: Piet's total compensation ($USD476.13K) is about average for companies of similar size in the Belgian market ($USD585.17K).

Compensation vs Earnings: Piet's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Piet Dejonghe
MD & Director2.17yrs€405.00kno data
Renaud Bentégeat
Executive Director17.08yrs€30.00kno data
Michel Guillaume
Director of Sustainable Development and Chairman Sogesmaint-Cbreno datano datano data
Luc Bertrand
Chairman of the Board4.42yrs€103.00kno data
Jan Suykens
Director6.83yrs€30.00kno data
Christian Labeyrie
Director18.58yrs€32.00kno data
Koen Janssen
Director6.83yrs€45.00kno data
Philippe Delusinne
Independent Director11.42yrs€35.00kno data
John-Eric Bertrand
Director6.83yrs€153.00kno data
Ciska Servais
Independent Director13.42yrs€33.00kno data
Leen Geirnaerdt
Independent Director4yrs€31.00kno data
Martine Van den Poel
Independent Director2.42yrs€35.00kno data

6.8yrs

Average Tenure

57.5yo

Average Age

Experienced Board: CFEB's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Compagnie d'Entreprises CFE SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Compagnie d'Entreprises CFE SA
  • Ticker: CFEB
  • Exchange: ENXTBR
  • Founded: 1880
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €1.347b
  • Shares outstanding: 25.31m
  • Website: https://www.cfe.be

Number of Employees


Location

  • Compagnie d'Entreprises CFE SA
  • avenue Herrmann-Debroux 40-42
  • Brussels
  • Brussels
  • 1160
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFEBENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJan 1992
0O2TLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
CFEBBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
C70DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Compagnie d'Entreprises CFE SA operates in dredging, environment, marine engineering, contracting, and real estate sectors. Its Dredging, Environment, Offshore and Infra (DEME) segment is involved in the d ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 22:12
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.