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CA

Carrefour SWX:CA Stock Report

Last Price

€19.87

Market Cap

€16.0b

7D

0%

1Y

0%

Updated

12 May, 2022

Data

Company Financials +
CA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends3/6

CA Stock Overview

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan.

Carrefour Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Carrefour
Historical stock prices
Current Share Price€19.87
52 Week High€0
52 Week Low€0
Beta0.43
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change-19.69%
Change since IPO-28.14%

Recent News & Updates

Shareholder Returns

CACH Consumer RetailingCH Market
7D0%-2.4%-3.1%
1Y0%-9.7%1.8%

Return vs Industry: CA exceeded the Swiss Consumer Retailing industry which returned -9.7% over the past year.

Return vs Market: CA underperformed the Swiss Market which returned 1.8% over the past year.

Price Volatility

Is CA's price volatile compared to industry and market?
CA volatility
CA Average Weekly Movement0%
Consumer Retailing Industry Average Movement5.9%
Market Average Movement5.0%
10% most volatile stocks in CH Market8.5%
10% least volatile stocks in CH Market2.5%

Stable Share Price: CA is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: CA's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1959319,565Alexandre Bompardhttps://www.carrefour.com

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce sites; and service stations. Its stores offer fresh produce; local products; consumer goods; and non-food products, including electronic and household appliances, textiles, and childcare products.

Carrefour Fundamentals Summary

How do Carrefour's earnings and revenue compare to its market cap?
CA fundamental statistics
Market Cap€15.40b
Earnings (TTM)€1.03b
Revenue (TTM)€74.08b

14.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CA income statement (TTM)
Revenue€74.08b
Cost of Revenue€59.48b
Gross Profit€14.60b
Other Expenses€13.57b
Earnings€1.03b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.38
Gross Margin19.71%
Net Profit Margin1.39%
Debt/Equity Ratio95.3%

How did CA perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

40%

Payout Ratio

Does CA pay a reliable dividends?

See CA dividend history and benchmarks
When do you need to buy CA by to receive an upcoming dividend?
Carrefour dividend dates
Ex Dividend DateJun 07 2022
Dividend Pay DateJun 09 2022
Days until Ex dividend25 days
Days until Dividend pay date27 days

Does CA pay a reliable dividends?

See CA dividend history and benchmarks

Valuation

Is Carrefour undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CA (CHF19.87) is trading below our estimate of fair value (CHF40.62)

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


Price To Earnings Ratio

PE vs Industry: CA is poor value based on its PE Ratio (14.9x) compared to the European Consumer Retailing industry average (14.4x).

PE vs Market: CA is good value based on its PE Ratio (14.9x) compared to the Swiss market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: CA is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: CA is good value based on its PB Ratio (1.5x) compared to the XE Consumer Retailing industry average (1.9x).


Future Growth

How is Carrefour forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CA's forecast earnings growth (8.5% per year) is above the savings rate (-0.3%).

Earnings vs Market: CA's earnings (8.5% per year) are forecast to grow faster than the Swiss market (5.8% per year).

High Growth Earnings: CA's earnings are forecast to grow, but not significantly.

Revenue vs Market: CA's revenue (3.8% per year) is forecast to grow slower than the Swiss market (4.3% per year).

High Growth Revenue: CA's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CA's Return on Equity is forecast to be low in 3 years time (13.1%).


Past Performance

How has Carrefour performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CA has high quality earnings.

Growing Profit Margin: CA's current net profit margins (1.4%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: CA's earnings have grown significantly by 29.8% per year over the past 5 years.

Accelerating Growth: CA's earnings growth over the past year (55.4%) exceeds its 5-year average (29.8% per year).

Earnings vs Industry: CA earnings growth over the past year (55.4%) exceeded the Consumer Retailing industry 41.2%.


Return on Equity

High ROE: CA's Return on Equity (10.6%) is considered low.


Financial Health

How is Carrefour's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CA's short term assets (€17.8B) do not cover its short term liabilities (€22.2B).

Long Term Liabilities: CA's short term assets (€17.8B) exceed its long term liabilities (€13.7B).


Debt to Equity History and Analysis

Debt Level: CA's net debt to equity ratio (63%) is considered high.

Reducing Debt: CA's debt to equity ratio has reduced from 111.9% to 95.3% over the past 5 years.

Debt Coverage: CA's debt is well covered by operating cash flow (32.5%).

Interest Coverage: CA's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


Dividend

What is Carrefour current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.53%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 13 2022Ex Dividend DateJun 07 2022Dividend Pay DateJun 09 20222 days from Ex DividendBuy in the next 25 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CA's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Swiss market (1.88%).

High Dividend: CA's dividend (2.53%) is low compared to the top 25% of dividend payers in the Swiss market (3.86%).


Stability and Growth of Payments

Stable Dividend: CA's dividend payments have been volatile in the past 10 years.

Growing Dividend: CA's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.7%), CA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.4%), CA's dividend payments are well covered by cash flows.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Alexandre Bompard (49 yo)

4.83yrs

Tenure

€4,428,822

Compensation

Mr. Alexandre Bompard has been the Chairman and Chief Executive Officer at Carrefour SA July 18, 2017. Mr. Bompard has been Chief Executive Officer of the Fnac Darty group since July 20, 2016 until Novembe...


CEO Compensation Analysis

Compensation vs Market: Alexandre's total compensation ($USD4.61M) is about average for companies of similar size in the Swiss market ($USD4.77M).

Compensation vs Earnings: Alexandre's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CA's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: CA's board of directors are considered experienced (5.5 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

Carrefour SA's employee growth, exchange listings and data sources


Key Information

  • Name: Carrefour SA
  • Ticker: CA
  • Exchange: SWX
  • Founded: 1959
  • Industry: Hypermarkets and Super Centers
  • Sector: Consumer Retailing
  • Implied Market Cap: €15.397b
  • Listing Market Cap: €16.010b
  • Shares outstanding: 747.80m
  • Website: https://www.carrefour.com

Number of Employees


Location

  • Carrefour SA
  • 93, avenue de Paris
  • Massy
  • Ile-de-France
  • 91300
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/12 00:00
End of Day Share Price2022/05/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.