Etn. Fr. Colruyt
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Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. The last earnings update was 134 days ago. More info.
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COLR Share Price and Events
7 Day Returns
1 Year Returns
COLR Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Etn. Fr. Colruyt (COLR) | -1.1% | -0.7% | 3.4% | 39.7% | 26.7% | 58.2% |
| Europe Consumer Retailing | -0.3% | -0.3% | 0.3% | 1.3% | -2.8% | -9.4% |
| BE Market | -0.1% | 7% | 14.3% | -4.1% | -10.2% | 10.1% |
1 Year Return vs Industry and Market
- COLR outperformed the Consumer Retailing industry which returned 1.3% over the past year.
- COLR outperformed the Market in Belgium which returned -4.1% over the past year.
COLR Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Etn. Fr. Colruyt
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Etn. Fr. Colruyt.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 14 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6.2% |
| Perpetual Growth Rate | 10-Year BE Government Bond Rate | 0.8% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year BE Govt Bond Rate | 0.8% |
| Equity Risk Premium | S&P Global | 6.8% |
| Consumer Retailing Unlevered Beta | Simply Wall St/ S&P Global | 0.46 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.464 (1 + (1- 29%) (0.19%)) |
0.642 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.77% + (0.8 * 6.8%) |
6.21% |
Discounted Cash Flow Calculation for ENXTBR:COLR using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Etn. Fr. Colruyt is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 6.21%) |
|
|---|---|---|---|
| 2019 | 280.25 | Analyst x6 | 263.86 |
| 2020 | 265.70 | Analyst x6 | 235.54 |
| 2021 | 331.00 | Analyst x1 | 276.27 |
| 2022 | 363.00 | Analyst x1 | 285.26 |
| 2023 | 387.29 | Est @ 6.69% | 286.55 |
| 2024 | 406.32 | Est @ 4.91% | 283.06 |
| 2025 | 421.24 | Est @ 3.67% | 276.29 |
| 2026 | 433.03 | Est @ 2.8% | 267.42 |
| 2027 | 442.52 | Est @ 2.19% | 257.31 |
| 2028 | 450.34 | Est @ 1.77% | 246.54 |
| Present value of next 10 years cash flows | €2,678.10 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €450.34 × (1 + 0.77%) ÷ (6.21% – 0.77%) |
€8,341.96 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €8,341.96 ÷ (1 + 6.21%)10 |
€4,566.82 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €2,678.10 + €4,566.82 |
€7,244.92 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €7,244.92 / 130.86 |
€55.37 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €55.37 |
| Current discount | Discount to share price of
€64.46
= -1 x (€64.46 - €55.37) / €55.37 |
-16.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Etn. Fr. Colruyt is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Etn. Fr. Colruyt's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Etn. Fr. Colruyt's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in EUR | €2.87 |
| ENXTBR:COLR Share Price ** | ENXTBR (2019-04-24) in EUR | €64.46 |
| Europe Consumer Retailing Industry PE Ratio | Median Figure of 32 Publicly-Listed Consumer Retailing Companies | 19.33x |
| Belgium Market PE Ratio | Median Figure of 86 Publicly-Listed Companies | 16.35x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Etn. Fr. Colruyt.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ENXTBR:COLR Share Price ÷ EPS (both in EUR) = 64.46 ÷ 2.87 |
22.47x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Etn. Fr. Colruyt is overvalued based on earnings compared to the Europe Consumer Retailing industry average.
- Etn. Fr. Colruyt is overvalued based on earnings compared to the Belgium market.
Price based on expected Growth
Does
Etn. Fr. Colruyt's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 22.47x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts |
1.6%per year |
| Europe Consumer Retailing Industry PEG Ratio | Median Figure of 24 Publicly-Listed Consumer Retailing Companies | 1.52x |
| Belgium Market PEG Ratio | Median Figure of 40 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 22.47x ÷ 1.6% |
14.33x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Etn. Fr. Colruyt is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Etn. Fr. Colruyt's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in EUR | €14.71 |
| ENXTBR:COLR Share Price * | ENXTBR (2019-04-24) in EUR | €64.46 |
| Europe Consumer Retailing Industry PB Ratio | Median Figure of 41 Publicly-Listed Consumer Retailing Companies | 1.55x |
| Belgium Market PB Ratio | Median Figure of 119 Publicly-Listed Companies | 1.52x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ENXTBR:COLR Share Price ÷ Book Value per Share (both in EUR) = 64.46 ÷ 14.71 |
4.38x |
* Primary Listing of Etn. Fr. Colruyt.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Etn. Fr. Colruyt is overvalued based on assets compared to the Europe Consumer Retailing industry average.
Value checks
We assess Etn. Fr. Colruyt's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check) Etn. Fr. Colruyt has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
COLR Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Etn. Fr. Colruyt's earnings growth is expected to exceed the low risk savings rate of 0.8%.
Growth vs Market Checks
- Etn. Fr. Colruyt's earnings growth is positive but not above the Belgium market average.
- Etn. Fr. Colruyt's revenue growth is positive but not above the Belgium market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ENXTBR:COLR Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts | 1.6% |
| ENXTBR:COLR Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts | 2.8% |
| Europe Consumer Retailing Industry Earnings Growth Rate | Market Cap Weighted Average | 12% |
| Europe Consumer Retailing Industry Revenue Growth Rate | Market Cap Weighted Average | 3.8% |
| Belgium Market Earnings Growth Rate | Market Cap Weighted Average | 16.1% |
| Belgium Market Revenue Growth Rate | Market Cap Weighted Average | 3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | 10,831 | 1 | ||
| 2023-03-31 | 10,507 | 1 | ||
| 2022-03-31 | 10,051 | 401 | 3 | |
| 2021-03-31 | 9,762 | 702 | 394 | 7 |
| 2020-03-31 | 9,534 | 709 | 374 | 14 |
| 2019-03-31 | 9,285 | 744 | 378 | 14 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 9,168 | 626 | 401 |
| 2018-06-30 | 9,099 | 562 | 387 |
| 2018-03-31 | 9,031 | 497 | 373 |
| 2017-12-31 | 9,163 | 474 | 371 |
| 2017-09-30 | 9,296 | 452 | 369 |
| 2017-06-30 | 9,395 | 494 | 376 |
| 2017-03-31 | 9,494 | 537 | 382 |
| 2016-12-31 | 9,390 | 576 | 379 |
| 2016-09-30 | 9,287 | 615 | 375 |
| 2016-06-30 | 9,232 | 628 | 370 |
| 2016-03-31 | 9,178 | 641 | 366 |
| 2015-12-31 | 9,112 | 349 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
All data from Etn. Fr. Colruyt Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | ||||
| 2023-03-31 | ||||
| 2022-03-31 | 2.88 | 2.92 | 2.83 | 2.00 |
| 2021-03-31 | 2.87 | 3.02 | 2.66 | 6.00 |
| 2020-03-31 | 2.73 | 2.97 | 2.50 | 11.00 |
| 2019-03-31 | 2.76 | 2.88 | 2.57 | 9.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-09-30 | 2.87 |
| 2018-06-30 | 2.73 |
| 2018-03-31 | 2.60 |
| 2017-12-31 | 2.57 |
| 2017-09-30 | 2.54 |
| 2017-06-30 | 2.57 |
| 2017-03-31 | 2.60 |
| 2016-12-31 | 2.58 |
| 2016-09-30 | 2.55 |
| 2016-06-30 | 2.52 |
| 2016-03-31 | 2.49 |
| 2015-12-31 | 2.37 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Etn. Fr. Colruyt's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Etn. Fr. Colruyt has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
COLR Past Performance
How has Etn. Fr. Colruyt performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Etn. Fr. Colruyt's year on year earnings growth rate has been positive over the past 5 years.
- Etn. Fr. Colruyt's 1-year earnings growth exceeds its 5-year average (8.5% vs 2.3%)
- Etn. Fr. Colruyt's earnings growth has exceeded the Europe Consumer Retailing industry average in the past year (8.5% vs -4.5%).
Earnings and Revenue History
All data from Etn. Fr. Colruyt Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 9,167.70 | 400.60 | 1,655.20 | |
| 2018-06-30 | 9,099.15 | 386.85 | 1,638.45 | |
| 2018-03-31 | 9,030.60 | 373.10 | 1,621.70 | |
| 2017-12-31 | 9,163.10 | 371.20 | 1,636.40 | |
| 2017-09-30 | 9,295.60 | 369.30 | 1,651.10 | |
| 2017-06-30 | 9,394.55 | 375.60 | 1,663.70 | |
| 2017-03-31 | 9,493.50 | 381.90 | 1,676.30 | |
| 2016-12-31 | 9,390.00 | 378.65 | 1,657.35 | |
| 2016-09-30 | 9,286.50 | 375.40 | 1,638.40 | |
| 2016-06-30 | 9,232.00 | 370.45 | 1,612.10 | |
| 2016-03-31 | 9,177.50 | 365.50 | 1,585.80 | |
| 2015-12-31 | 9,112.25 | 348.55 | 1,560.85 | |
| 2015-09-30 | 9,047.00 | 331.60 | 1,535.90 | |
| 2015-06-30 | 8,981.90 | 331.00 | 1,518.90 | |
| 2015-03-31 | 8,916.80 | 330.40 | 1,501.90 | |
| 2014-12-31 | 8,866.65 | 342.50 | 1,494.60 | |
| 2014-09-30 | 8,816.50 | 354.60 | 1,487.30 | |
| 2014-06-30 | 8,734.25 | 352.30 | 1,466.40 | |
| 2014-03-31 | 8,652.00 | 350.00 | 1,445.50 | |
| 2013-12-31 | 8,574.55 | 359.65 | 1,435.35 | |
| 2013-09-30 | 8,497.10 | 369.30 | 1,425.20 | |
| 2013-06-30 | 8,404.35 | 361.50 | 1,405.55 | |
| 2013-03-31 | 8,311.60 | 353.70 | 1,385.90 | |
| 2012-12-31 | 8,198.80 | 349.25 | 1,358.95 | |
| 2012-09-30 | 8,086.00 | 344.80 | 1,332.00 | |
| 2012-06-30 | 7,966.80 | 343.85 | 1,318.10 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Etn. Fr. Colruyt has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Etn. Fr. Colruyt used its assets more efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.
- Etn. Fr. Colruyt's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Etn. Fr. Colruyt's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Etn. Fr. Colruyt has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
COLR Health
How is Etn. Fr. Colruyt's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Etn. Fr. Colruyt's finances.
The net worth of a company is the difference between its assets and liabilities.
- Etn. Fr. Colruyt's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Etn. Fr. Colruyt's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 88x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Etn. Fr. Colruyt Company Filings, last reported 6 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 2,026.90 | 16.30 | 239.30 |
| 2018-06-30 | 2,026.90 | 16.30 | 239.30 |
| 2018-03-31 | 2,041.50 | 141.60 | 241.80 |
| 2017-12-31 | 2,041.50 | 141.60 | 241.80 |
| 2017-09-30 | 2,122.40 | 26.50 | 502.60 |
| 2017-06-30 | 2,122.40 | 26.50 | 502.60 |
| 2017-03-31 | 2,140.20 | 27.10 | 548.20 |
| 2016-12-31 | 2,140.20 | 27.10 | 548.20 |
| 2016-09-30 | 2,013.90 | 30.70 | 501.10 |
| 2016-06-30 | 2,013.90 | 30.70 | 501.10 |
| 2016-03-31 | 2,047.70 | 33.20 | 458.10 |
| 2015-12-31 | 2,047.70 | 33.20 | 458.10 |
| 2015-09-30 | 1,840.40 | 36.00 | 458.60 |
| 2015-06-30 | 1,840.40 | 36.00 | 458.60 |
| 2015-03-31 | 1,800.70 | 38.20 | 332.80 |
| 2014-12-31 | 1,800.70 | 38.20 | 332.80 |
| 2014-09-30 | 1,681.90 | 39.10 | 342.30 |
| 2014-06-30 | 1,681.90 | 39.10 | 342.30 |
| 2014-03-31 | 1,966.90 | 32.10 | 628.00 |
| 2013-12-31 | 1,966.90 | 32.10 | 628.00 |
| 2013-09-30 | 1,816.60 | 31.40 | 637.50 |
| 2013-06-30 | 1,816.60 | 31.40 | 637.50 |
| 2013-03-31 | 1,792.90 | 32.10 | 528.90 |
| 2012-12-31 | 1,792.90 | 32.10 | 528.90 |
| 2012-09-30 | 1,587.20 | 37.20 | 463.40 |
| 2012-06-30 | 1,587.20 | 37.20 | 463.40 |
- Etn. Fr. Colruyt's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (1.7% vs 0.8% today).
- Debt is well covered by operating cash flow (3842.3%, greater than 20% of total debt).
- Etn. Fr. Colruyt earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Etn. Fr. Colruyt's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Etn. Fr. Colruyt has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
COLR Dividends
What is Etn. Fr. Colruyt's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
Etn. Fr. Colruyt
shares you are expected to receive
€38
in your first year as a dividend.
Dividend Amount
- Etn. Fr. Colruyt's pays a lower dividend yield than the bottom 25% of dividend payers in Belgium (2.06%).
- Etn. Fr. Colruyt's dividend is below the markets top 25% of dividend payers in Belgium (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| Europe Consumer Retailing Industry Average Dividend Yield | Market Cap Weighted Average of 34 Stocks | 3.7% |
| Belgium Market Average Dividend Yield | Market Cap Weighted Average of 79 Stocks | 3.4% |
| Belgium Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Belgium Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
| Belgium Top 25% Dividend Yield | 75th Percentile | 4.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2024-03-31 | ||
| 2023-03-31 | ||
| 2022-03-31 | 1.39 | 2.00 |
| 2021-03-31 | 1.27 | 7.00 |
| 2020-03-31 | 1.19 | 13.00 |
| 2019-03-31 | 1.17 | 13.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-07-31 | 1.220 | 2.144 |
| 2018-06-19 | 1.220 | 2.468 |
| 2017-07-31 | 1.180 | 2.614 |
| 2017-06-20 | 1.180 | 2.579 |
| 2016-07-29 | 1.120 | 2.356 |
| 2016-06-21 | 1.120 | 2.205 |
| 2015-07-31 | 1.000 | 2.116 |
| 2015-06-23 | 1.000 | 2.369 |
| 2014-07-31 | 1.000 | 2.571 |
| 2014-06-23 | 1.000 | 2.646 |
| 2013-07-12 | 1.000 | 2.443 |
| 2013-06-25 | 1.000 | 2.448 |
| 2012-07-12 | 0.950 | 2.583 |
| 2012-06-26 | 0.950 | 2.771 |
| 2011-07-14 | 0.920 | 2.985 |
| 2011-06-27 | 0.920 | 2.704 |
| 2010-07-12 | 0.672 | 1.746 |
| 2010-06-28 | 0.896 | 2.344 |
| 2009-06-24 | 0.808 | 2.369 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Etn. Fr. Colruyt's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.4x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
Income/ dividend checks
We assess Etn. Fr. Colruyt's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Etn. Fr. Colruyt afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Etn. Fr. Colruyt has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
COLR Management
CEO
| COMPENSATION | €364,000 |
CEO Bio
Mr. Jef Colruyt serves as the Chairman, Chief Executive Officer, Managing director and Chief Operating Officer of Services at Etn Fr Colruyt NV (formerly Ets. Fr. Colruyt SA). Mr. Colruyt also serves as a Member of the Board of Directors at Sofindev II. He also serves as a Director of StoneFund I and II. He serves as the Chairman of SA Colruyt France.
CEO Compensation
- Jef's compensation has been consistent with company performance over the past year.
- Jef's remuneration is lower than average for companies of similar size in Belgium.
Management Team Tenure
Average tenure of the Etn. Fr. Colruyt management team in years:
- The tenure for the Etn. Fr. Colruyt management team is about average.
Management Team
Jef Colruyt
Chairman
€364K
Frans Colruyt
Executive Director
€182K
7.3 yrs
Stefaan Vandamme
Chief Financial Officer
0.2 yrs
Peter Vanbellingen
Business Processes & Systems Manager and Customer Communication & Experiences Manager
3.3 yrs
Liesbeth Sabbe
People & Organization Manager
3.5 yrs
Marc Hofman
Chief Operating Officer of Retail
60
0.2 yrs
Kris Castelein
Secretary
Dirk Depoorter
General Manager of Retail Partners Colruyt Group
Board of Directors Tenure
Average tenure of the Etn. Fr. Colruyt board of directors in years:
- The average tenure for the Etn. Fr. Colruyt board of directors is less than 3 years, this suggests a new board.
Board of Directors
Frans Colruyt
Executive Director
€182K
François Gillet
Non-Executive Director
58
Jef Colruyt
Chairman
€364K
Astrid De Lathauwer
Independent Director
7.6 yrs
M. Delvaux
Independent Director
Wim Colruyt
Non-Executive Director
Hilde Cerstelotte
Non-Executive Director
1.6 yrs
Chantal De Vrieze
Independent Director
1.6 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Etn. Fr. Colruyt's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Etn. Fr. Colruyt has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
COLR News
Simply Wall St News
Three Things You Should Check Before Buying Etn. Fr. Colruyt NV (EBR:COLR) For Its Dividend
Colruyt NV (EBR:COLR) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends.. … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations.. … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1!
Simply Wall St - – Full articleWhy Etn. Fr. Colruyt NV's (EBR:COLR) High P/E Ratio Isn't Necessarily A Bad Thing
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Colruyt NV's (EBR:COLR) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleA Holistic Look At Etn. Fr. Colruyt NV (EBR:COLR)
Colruyt NV (EBR:COLR) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of COLR, it
Simply Wall St - – Full articleBoasting A 20% Return On Equity, Is Etn. Fr. Colruyt NV (EBR:COLR) A Top Quality Stock?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Colruyt has a return on equity of 20% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleEtn. Fr. Colruyt NV (EBR:COLR) Earns A Nice Return On Capital Employed
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleDo Institutions Own Etn. Fr. Colruyt NV (EBR:COLR) Shares?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Companies that used to be publicly owned tend to have lower insider ownership. … Companies of this size are usually well known to retail investors, too.
Simply Wall St - – Full articleIf You Had Bought Etn. Fr. Colruyt Stock Five Years Ago, You Could Pocket A 56% Gain Today
Colruyt share price has climbed 56% in five years, easily topping the market return of 18%. … Colruyt achieved compound earnings per share (EPS) growth of 4.8% per year. … This EPS growth is slower than the share price growth of 9.3% per year, over the same period.
Simply Wall St - – Full articleDoes Etn. Fr. Colruyt NV's (EBR:COLR) Past Performance Indicate A Stronger Future?
Today I will assess COLR's recent performance announced on 30 September 2018 and evaluate these figures to its long-term trend and industry movements. … Could COLR beat the long-term trend and outperform its industry. … COLR's trailing twelve-month earnings (from 30 September 2018) of €401m has.
Simply Wall St - – Full articleDo You Know Etn. Fr. Colruyt NV’s (EBR:COLR) Cash Situation?
Colruyt NV (EBR:COLR), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. … What is left after investment, determines the value of the stock since this cash flow technically belongs to investors of the company. … Colruyt’s cash flow, which will help you understand the stock from a cash standpoint.
Simply Wall St - – Full articleWhat Do Investors Need To Know About Etn. Fr. Colruyt NV's (EBR:COLR) Future?
Colruyt NV's (EBR:COLR) earnings update in September 2018, … analyst consensus outlook seem … with profits predicted to drop by -5.8% next year
Simply Wall St - – Full articleCOLR Company Info
Description
Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company operates food retail store network that includes 239 Colruyt stores, 135 OKay stores, 27 Bio- Planet stores, and 3 Cru stores, as well as 43 Dreamland stores in Belgium and 2 in France. It also operates 78 Colruyt retail stores and 26 Dreambaby stores in Belgium. In addition, the company operates ColliShop, an online shopping service; ColliShop Professional, which offers a range of B2B products; 215 Spar retail stores; and 298 Codifrance stores. Further, it provides fresh products, dry food, and frozen and non-food products; operates 66 ZEB stores, which sells multi-brand fashion products for ladies and men; operates MyUnderwear24, a Webshop that sells underwear and night clothing; and provides meat, wine, cheese, coffee, and bread. Additionally, the company operates 120 DATS 24 filling stations and Collect&Go, an online shopping service; generates and sells green power using onshore wind turbines, solar panels, and combined heat and power generation facilities; and offers print and document management services. It provides its products and services to wholesalers, commercial customers, and affiliated independent merchants, as well as hospitals, schools, companies, the hospitality sector, etc. The company was founded in 1928 and is headquartered in Halle, Belgium.
Details
| Name: | Etn. Fr. Colruyt NV |
| COLR | |
| Exchange: | ENXTBR |
| Founded: | 1928 |
| €8,435,005,477 | |
| 130,856,430 | |
| Website: | http://www.colruytgroup.com |
| Address: |
Etn. Fr. Colruyt NV Edingensesteenweg 196, Wilgenveld, Halle, Flemish Brabant, 1500, Belgium |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ENXTBR | COLR | Ordinary Shares | Euronext Brussels | BE | EUR | 02. Jan 1992 | |
| OTCPK | CUYT.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | EFC1 | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| LSE | 0N4Y | Ordinary Shares | London Stock Exchange | GB | EUR | 02. Jan 1992 | |
| WBAG | COLR | Ordinary Shares | Wiener Boerse AG | AT | EUR | 02. Jan 1992 | |
| BATS-CHIXE | COLRB | Ordinary Shares | BATS 'Chi-X Europe' | GB | EUR | 02. Jan 1992 | |
| OTCPK | CUYT.Y | ADR | Pink Sheets LLC | US | USD | 11. Dec 2008 |
Number of employees
Current staff
Industry
| Food Retail | |
| Consumer Retailing |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/24 20:52 |
| End of day share price update: | 2019/04/24 00:00 |
| Last estimates confirmation: | 2019/04/16 |
| Last earnings filing: | 2018/12/11 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
