ENXTBR:COLR

Stock Analysis Report

Executive Summary

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.

Risks

  • Etn. Fr. Colruyt has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

0.3%

ENXTBR:COLR

1.2%

BE Consumer Retailing

1.7%

BE Market


1 Year Return

-7.7%

ENXTBR:COLR

5.3%

BE Consumer Retailing

2.4%

BE Market

COLR underperformed the Consumer Retailing industry which returned 6% over the past year.

COLR underperformed the Market in Belgium which returned 2.8% over the past year.


Share holder returns

COLRIndustryMarket
7 Day0.3%1.2%1.7%
30 Day4.1%7.1%3.1%
90 Day-10.3%4.4%6.1%
1 Year-6.1%-7.7%9.3%5.3%4.7%2.4%
3 Year-1.2%-6.3%8.0%-2.3%-3.1%-10.0%
5 Year46.9%34.0%22.0%3.6%24.0%8.5%

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

Valuation

Is Etn. Fr. Colruyt undervalued based on future cash flows and its price relative to the stock market?

12%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Etn. Fr. Colruyt's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Etn. Fr. Colruyt's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Etn. Fr. Colruyt is good value 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

Etn. Fr. Colruyt is poor value based on expected growth next year.


Price Based on Value of Assets

Etn. Fr. Colruyt is overvalued based on assets compared to the Europe Consumer Retailing industry average.


Next Steps

Future Growth

How is Etn. Fr. Colruyt expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

0.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Etn. Fr. Colruyt's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).

Etn. Fr. Colruyt's earnings are expected to grow by 0.1% yearly, however this is not considered high growth (20% yearly).

Etn. Fr. Colruyt's revenue growth is positive but not above the Belgium market average.

Etn. Fr. Colruyt's earnings growth is positive but not above the Belgium market average.

Etn. Fr. Colruyt's earnings growth is positive but not above the low risk savings rate of 0.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Etn. Fr. Colruyt is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Etn. Fr. Colruyt performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History


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 is less than its 5-year average (2.5% vs 3%)

Etn. Fr. Colruyt's earnings growth has exceeded the Europe Consumer Retailing industry average in the past year (2.5% vs -0.7%).


Return on Equity

Etn. Fr. Colruyt has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Etn. Fr. Colruyt used its assets more efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.


Return on Capital Employed

Etn. Fr. Colruyt's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Etn. Fr. Colruyt's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Etn. Fr. Colruyt's level of debt (1.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.6% vs 1.6% today).

Debt is well covered by operating cash flow (1592.1%, greater than 20% of total debt).

Etn. Fr. Colruyt earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 39.8x debt.


Next Steps

Dividend

What is Etn. Fr. Colruyt's current dividend yield, its reliability and sustainability?

2.57%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Etn. Fr. Colruyt before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Etn. Fr. Colruyt's pays a higher dividend yield than the bottom 25% of dividend payers in Belgium (2.27%).

Etn. Fr. Colruyt's dividend is below the markets top 25% of dividend payers in Belgium (4.52%).

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

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).


Next Steps

Management

What is the CEO of Etn. Fr. Colruyt's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Jef Colruyt 0

0yrs

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 ...


Management Age and Tenure

2.1yrs

Average Tenure

The tenure for the Etn. Fr. Colruyt management team is about average.


Board Age and Tenure

2.0yrs

Average Tenure

The average tenure for the Etn. Fr. Colruyt board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jef Colruyt

    Chairman

    • Tenure: 0yrs
    • Compensation: €370.00k
  • Marc Hofman (61yo)

    Chief Operating Officer of Retail

    • Tenure: 0.6yrs
  • Kris Castelein

    Secretary

    • Tenure: 0yrs
  • Stefaan Vandamme

    Chief Financial Officer

    • Tenure: 0.6yrs
  • Peter Vanbellingen

    Business Processes & Systems Manager and Customer Communication & Experiences Manager

    • Tenure: 3.7yrs
  • Liesbeth Sabbe

    People & Organization Manager

    • Tenure: 3.9yrs

Board Members

  • François Gillet (59yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Jef Colruyt

    Chairman

    • Tenure: 0yrs
    • Compensation: €370.00k
  • Wim Colruyt

    Non-Executive Director

    • Tenure: 0yrs
  • M. Delvaux

    Independent Director

    • Tenure: 0yrs
  • Astrid De Lathauwer

    Independent Director

    • Tenure: 8yrs
  • Hilde Cerstelotte

    Non-Executive Director

    • Tenure: 2yrs
  • Chantal De Vrieze

    Independent Director

    • Tenure: 2yrs
  • Frans Colruyt

    Non-Executive Director

    • Tenure: 0yrs

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: €6.614b
  • Shares outstanding: 137.86m
  • Website: https://www.colruytgroup.com

Number of Employees


Location

  • Etn. Fr. Colruyt NV
  • Edingensesteenweg 196
  • Wilgenveld
  • Halle
  • Flemish Brabant
  • 1500
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFC1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
COLRENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJan 1992
0N4YLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
CUYT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
COLRBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
COLRWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
CUYT.YOTCPK (Pink Sheets LLC)ADRUSUSDDec 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, Whole ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 20:52
End of Day Share Price2019/09/17 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.