Etn. Fr. Colruyt
Market Cap
€7.3b
Last Updated
2020/06/03 21:51 UTC
Data Sources
Company Financials +
Executive Summary
Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally.
Rewards
PE ratio (19.9x) is below the Consumer Retailing industry average (20.1x)
Risk Analysis
Earnings are forecast to decline by an average of -0.9% per year for the next 3 years
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Etn. Fr. Colruyt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COLR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.1%
COLR
4.3%
BE Consumer Retailing
4.5%
BE Market
1 Year Return
-19.5%
COLR
1.6%
BE Consumer Retailing
-17.5%
BE Market
Return vs Industry: COLR underperformed the Belgian Consumer Retailing industry which returned 1.6% over the past year.
Return vs Market: COLR underperformed the Belgian Market which returned -17.5% over the past year.
Shareholder returns
| COLR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 4.3% | 4.5% |
| 30 Day | -2.8% | 3.6% | 8.9% |
| 90 Day | 20.6% | 0.8% | -7.2% |
| 1 Year | -18.1%-19.5% | 5.0%1.6% | -16.5%-17.5% |
| 3 Year | 17.4%11.2% | 3.4%-6.7% | -26.9%-31.1% |
| 5 Year | 40.0%28.2% | 7.5%-9.0% | -22.5%-30.7% |
Price Volatility Vs. Market
How volatile is Etn. Fr. Colruyt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Etn. Fr. Colruyt's (EBR:COLR) Statutory Earnings A Good Guide To Its Underlying Profitability?1 month ago | Simply Wall St
Etn. Fr. Colruyt NV (EBR:COLR) Earns A Nice Return On Capital Employed1 month ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Etn. Fr. Colruyt NV (EBR:COLR)Valuation
Is Etn. Fr. Colruyt undervalued compared to its fair value and its price relative to the market?
19.9x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COLR (€53.44) is trading above our estimate of fair value (€43.63)
Significantly Below Fair Value: COLR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COLR is good value based on its PE Ratio (19.9x) compared to the Consumer Retailing industry average (20.1x).
PE vs Market: COLR is poor value based on its PE Ratio (19.9x) compared to the Belgian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: COLR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: COLR is overvalued based on its PB Ratio (3.4x) compared to the XE Consumer Retailing industry average (1.7x).
Next Steps
Future Growth
How is Etn. Fr. Colruyt forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-0.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COLR's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: COLR's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: COLR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: COLR's revenue (2.1% per year) is forecast to grow slower than the Belgian market (2.9% per year).
High Growth Revenue: COLR's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COLR's Return on Equity is forecast to be low in 3 years time (15.1%).
Next Steps
Past Performance
How has Etn. Fr. Colruyt performed over the past 5 years?
2.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COLR has high quality earnings.
Growing Profit Margin: COLR's current net profit margins (3.9%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: COLR's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: COLR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COLR had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Consumer Retailing industry average (2.3%).
Return on Equity
High ROE: COLR's Return on Equity (17.2%) is considered low.
Next Steps
Financial Health
How is Etn. Fr. Colruyt's financial position?
Financial Position Analysis
Short Term Liabilities: COLR's short term assets (€1.6B) do not cover its short term liabilities (€1.9B).
Long Term Liabilities: COLR's short term assets (€1.6B) exceed its long term liabilities (€407.9M).
Debt to Equity History and Analysis
Debt Level: COLR's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: COLR's debt to equity ratio has reduced from 1% to 0.9% over the past 5 years.
Debt Coverage: COLR's debt is well covered by operating cash flow (3205.7%).
Interest Coverage: COLR's interest payments on its debt are well covered by EBIT (36.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Etn. Fr. Colruyt's current dividend yield, its reliability and sustainability?
2.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COLR's dividend (2.45%) is higher than the bottom 25% of dividend payers in the Belgian market (2.41%).
High Dividend: COLR's dividend (2.45%) is low compared to the top 25% of dividend payers in the Belgian market (5.19%).
Stability and Growth of Payments
Stable Dividend: COLR's dividends per share have been stable in the past 10 years.
Growing Dividend: COLR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.8%), COLR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COLR's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Jef Colruyt
no data
Tenure
€370,000
Compensation
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 ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | €370.00k | no data | |
| Chief Financial Officer | 1.33yrs | no data | no data | |
| Business Processes & Systems Manager and Customer Communication & Experiences Manager | 4.42yrs | no data | no data | |
| People & Organization Manager | 4.67yrs | no data | no data | |
| Chief Operating Officer of Retail | 1.33yrs | no data | no data | |
| Secretary | no data | no data | no data |
2.9yrs
Average Tenure
Experienced Management: COLR's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | €370.00k | no data | |
| Non-Executive Director | no data | no data | no data | |
| Independent Director | 0.75yr | no data | no data | |
| Non-Executive Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | 8.75yrs | no data | no data | |
| Non-Executive Director | 2.75yrs | no data | no data | |
| Independent Director | 2.75yrs | no data | no data |
2.8yrs
Average Tenure
Experienced Board: COLR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 9.6%.
Top Shareholders
Company Information
Etn. Fr. Colruyt NV's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Etn. Fr. Colruyt NV
- Ticker: COLR
- Exchange: ENXTBR
- Founded: 1928
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: €7.342b
- Shares outstanding: 137.39m
- Website: https://www.colruytgroup.com
Number of Employees
Location
- Etn. Fr. Colruyt NV
- Edingensesteenweg 196
- Wilgenveld
- Halle
- Flemish Brabant
- 1500
- Belgium
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EFC1 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| COLR | ENXTBR (Euronext Brussels) | Yes | Ordinary Shares | BE | EUR | Jan 1992 |
| 0N4Y | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| CUYT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| COLRB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| COLR | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| EFC1 | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| CUYT.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Dec 2008 |
Biography
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 243 Colruyt stores, 141 OKay stores, 29 Bio-Planet stores, 42 Dreamland stores, 29 Dreambaby stores, and 3 Cru stores in Belgium and Luxembourg, as well as 85 Colruyt stores in France. It also operates ColliShop, a Webshop; 213 Spar stores; and 294 Codifrance stores. In addition, the company provides fresh products, dry food, and frozen and non-food products; operates 69 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. Further, it operates 41 DATS 24 filling stations and Collect&Go, an online shopping service; generates and sells green power using onshore wind turbines, solar panels, and co-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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 21:51 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.