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Chargeurs

DB:GET
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GET
DB
€455M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Chargeurs S.A. operates as a manufacturing and services company in France and internationally. The last earnings update was 8 days ago. More info.


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GET Share Price and Events
7 Day Returns
-2.9%
DB:GET
0.8%
DE Luxury
2.1%
DE Market
1 Year Returns
-
DB:GET
6.5%
DE Luxury
-7.6%
DE Market
GET Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chargeurs (GET) -2.9% -4.3% 25.8% - - -
DE Luxury 0.8% 6.4% 13.3% 6.5% 92.6% 112.8%
DE Market 2.1% 3.6% 8.1% -7.6% 9.8% 12.4%
1 Year Return vs Industry and Market
  • No trading data on GET.
  • No trading data on GET.
Price Volatility
GET
Industry
5yr Volatility vs Market

Value

 Is Chargeurs undervalued based on future cash flows and its price relative to the stock market?

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 Chargeurs 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chargeurs.

DB:GET Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:GET
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 33%) (44.41%))
0.927
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.927 * 6.65%)
6.39%

Discounted Cash Flow Calculation for DB:GET using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Chargeurs 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.

DB:GET DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.39%)
2019 27.10 Analyst x5 25.47
2020 34.14 Analyst x5 30.16
2021 29.10 Analyst x1 24.16
2022 25.87 Est @ -11.1% 20.19
2023 23.88 Est @ -7.7% 17.52
2024 22.61 Est @ -5.32% 15.59
2025 21.78 Est @ -3.66% 14.12
2026 21.24 Est @ -2.49% 12.94
2027 20.88 Est @ -1.68% 11.96
2028 20.65 Est @ -1.1% 11.12
Present value of next 10 years cash flows €183.23
DB:GET DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €20.65 × (1 + 0.23%) ÷ (6.39% – 0.23%)
€335.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €335.88 ÷ (1 + 6.39%)10
€180.77
DB:GET Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €183.23 + €180.77
€364.00
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €364.00 / 23.06
€15.78
DB:GET Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:GET represents 0.99878x of ENXTPA:CRI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99878x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 15.78 x 0.99878
€15.76
Value per share (EUR) From above. €15.76
Current discount Discount to share price of €19.72
= -1 x (€19.72 - €15.76) / €15.76
-25.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Chargeurs is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Chargeurs's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chargeurs's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GET PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.14
ENXTPA:CRI Share Price ** ENXTPA (2019-03-20) in EUR €19.74
Germany Luxury Industry PE Ratio Median Figure of 7 Publicly-Listed Luxury Companies 24.92x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chargeurs.

DB:GET PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:CRI Share Price ÷ EPS (both in EUR)

= 19.74 ÷ 1.14

17.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chargeurs is good value based on earnings compared to the DE Luxury industry average.
  • Chargeurs is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Chargeurs's expected growth come at a high price?
Raw Data
DB:GET PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
12.7%per year
Europe Luxury Industry PEG Ratio Median Figure of 39 Publicly-Listed Luxury Companies 1.89x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

DB:GET PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.32x ÷ 12.7%

1.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chargeurs is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Chargeurs's assets?
Raw Data
DB:GET PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €10.18
ENXTPA:CRI Share Price * ENXTPA (2019-03-20) in EUR €19.74
Germany Luxury Industry PB Ratio Median Figure of 11 Publicly-Listed Luxury Companies 1.51x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.79x
DB:GET PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:CRI Share Price ÷ Book Value per Share (both in EUR)

= 19.74 ÷ 10.18

1.94x

* Primary Listing of Chargeurs.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chargeurs is overvalued based on assets compared to the DE Luxury industry average.
X
Value checks
We assess Chargeurs's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Chargeurs has a total score of 2/6, 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.

Future Performance

 How is Chargeurs expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

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!
Annual Growth Rate
12.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chargeurs expected to grow at an attractive rate?
  • Chargeurs's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Chargeurs's earnings growth is expected to exceed the Germany market average.
  • Chargeurs's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GET Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GET Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 12.7%
DB:GET Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5.5%
Germany Luxury Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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
Raw Data
DB:GET Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GET Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 679 39 2
2020-12-31 655 52 36 4
2019-12-31 635 43 33 5
DB:GET Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 573 14 27
2018-09-30 556 17 27
2018-06-30 538 19 27
2018-03-31 536 25 26
2017-12-31 533 31 25
2017-09-30 534 35 26
2017-06-30 535 39 26
2017-03-31 521 35 25
2016-12-31 506 31 25
2016-09-30 501 31 23
2016-06-30 496 30 20
2016-03-31 497 31 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chargeurs's earnings are expected to grow by 12.7% yearly, however this is not considered high growth (20% yearly).
  • Chargeurs's revenue is expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GET Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Chargeurs Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GET Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.62 1.62 1.62 1.00
2020-12-31 1.53 1.62 1.48 4.00
2019-12-31 1.38 1.40 1.36 3.00
DB:GET Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.14
2018-09-30 1.14
2018-06-30 1.14
2018-03-31 1.11
2017-12-31 1.09
2017-09-30 1.11
2017-06-30 1.12
2017-03-31 1.11
2016-12-31 1.09
2016-09-30 1.00
2016-06-30 0.90
2016-03-31 0.85

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Chargeurs is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Chargeurs's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chargeurs has a total score of 2/6, 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.

Past Performance

  How has Chargeurs 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
Below we compare Chargeurs's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chargeurs has delivered over 20% year on year earnings growth in the past 5 years.
  • Chargeurs's 1-year earnings growth is less than its 5-year average (5.6% vs 22.1%)
  • Chargeurs's earnings growth has not exceeded the DE Luxury industry average in the past year (5.6% vs 21.4%).
Earnings and Revenue History
Chargeurs's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chargeurs Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GET Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 573.30 26.60 101.40 3.90
2018-09-30 555.80 26.60 98.70 4.05
2018-06-30 538.30 26.60 96.00 4.20
2018-03-31 535.65 25.90 94.60 4.20
2017-12-31 533.00 25.20 93.20 4.20
2017-09-30 533.85 25.50 92.10 4.05
2017-06-30 534.70 25.80 91.00 3.90
2017-03-31 520.55 25.40 89.40 3.80
2016-12-31 506.40 25.00 87.80 3.70
2016-09-30 501.00 22.70 87.25 3.75
2016-06-30 495.60 20.40 86.70 3.80
2016-03-31 497.15 17.85 86.50 3.85
2015-12-31 498.70 15.30 86.30 3.90
2015-06-30 491.00 12.20 82.40 3.80
2015-03-31 484.65 11.40 81.70 3.85
2014-12-31 478.30 10.60 81.00 3.90
2014-06-30 471.00 10.70 82.10 2.90
2014-03-31 468.75 9.45 81.60 2.85
2013-12-31 466.50 8.20 81.10 2.80
2013-09-30 473.30 -0.75 82.20 3.10
2013-06-30 480.10 -9.70 83.30 3.40
2013-03-31 501.95 -10.70 86.40 3.45
2012-12-31 523.80 -11.70 89.50 3.50
2012-09-30 534.15 -3.60 89.90 3.60
2012-06-30 544.50 4.50 90.30 3.70
2012-03-31 548.30 7.25 90.05 3.70

*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.
  • Chargeurs has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chargeurs used its assets less efficiently than the DE Luxury industry average last year based on Return on Assets.
  • Chargeurs has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chargeurs's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chargeurs has a total score of 2/6, 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.

Health

 How is Chargeurs'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 Chargeurs's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chargeurs is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chargeurs's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chargeurs's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x 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.
Raw Data

All data from Chargeurs Company Filings, last reported 2 months ago.

DB:GET Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 237.20 202.20 110.00
2018-09-30 237.20 202.20 110.00
2018-06-30 240.70 209.60 195.90
2018-03-31 240.70 209.60 195.90
2017-12-31 229.90 253.70 214.80
2017-09-30 229.90 253.70 214.80
2017-06-30 227.90 246.70 201.50
2017-03-31 227.90 246.70 201.50
2016-12-31 227.30 209.00 161.50
2016-09-30 227.30 209.00 161.50
2016-06-30 214.00 187.10 148.20
2016-03-31 214.00 187.10 148.20
2015-12-31 222.40 123.30 97.70
2015-06-30 209.80 128.00 68.90
2015-03-31 209.80 128.00 68.90
2014-12-31 186.40 118.50 72.70
2014-06-30 168.80 105.90 45.90
2014-03-31 168.80 105.90 45.90
2013-12-31 161.20 107.30 48.00
2013-09-30 161.20 107.30 48.00
2013-06-30 172.20 130.40 43.60
2013-03-31 172.20 130.40 43.60
2012-12-31 169.20 149.50 50.60
2012-09-30 169.20 149.50 50.60
2012-06-30 196.90 210.90 67.40
2012-03-31 196.90 210.90 67.40
  • Chargeurs's level of debt (85.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (66.5% vs 85.2% today).
  • Debt is not well covered by operating cash flow (7.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.7x coverage).
X
Financial health checks
We assess Chargeurs's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chargeurs has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

Dividends

 What is Chargeurs'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
Dividend payments
3.39%
Current annual income from Chargeurs dividends. Estimated to be 4.01% next year.
If you bought €2,000 of Chargeurs shares you are expected to receive €68 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Chargeurs's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Chargeurs's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
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.
Raw Data
DB:GET Annualized Past and Future Dividends
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 5 Analyst Estimates (S&P Global) See Below
Germany Luxury Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GET Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.83 2.00
2020-12-31 0.82 3.00
2019-12-31 0.75 4.00
DB:GET Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-12 0.670 3.351
2018-09-07 0.650 3.425
2018-03-07 0.600 2.433
2017-09-07 0.600 2.410
2017-05-26 0.700 2.872
2016-09-09 0.400 2.283
2016-05-04 0.300 2.863
2015-03-18 0.200 2.591
2009-11-16 0.000 0.000
2009-08-27 0.000 0.000
2009-05-08 0.000 0.000
2009-05-05 0.000 0.000
2009-03-23 0.650 13.690

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Chargeurs's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Chargeurs's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chargeurs afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chargeurs 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.

Management

 What is the CEO of Chargeurs's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michaël Fribourg
COMPENSATION €1,206,228
AGE 36
TENURE AS CEO 3.4 years
CEO Bio

Mr. Michaël Fribourg has been the Chairman and Chief Executive Officer of Chargeurs SA since October 30, 2015. Mr. Fribourg serves as Partner at Arjil & Associés Banque (formerly ARJIL & Partners). He is member of the Inspection Générale des Finances, a French prestigious governmental body. He began his career as an economist and adviser in charge of strategic issues for Renaud Dutreil, Minister in charge of civil service and state reform and then Minister for trade, craft industry and small businesses and enterprises. Successful at the ENA competition in 2006, he became in 2009 member of the Inspection Générale des Finances. In 2011 he was appointed as special advisor of the French Minister in charge of industry, energy and digital economy. Promoted in 2013 senior Inspector of Finances, Mr. Fribourg joined Arjil as a Partner on July 2013. He remains Senior Lecturer in Sciences Po Paris, where he is head of an annual conference cycle on The Financing of the Economy. Mr. Fribourg has also a Master degree from Science Po and Research degrees in philosophy, economy and human sciences.

CEO Compensation
  • Michaël's compensation has increased by more than 20% in the past year.
  • Michaël's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Chargeurs management team in years:

1.8
Average Tenure
45
Average Age
  • The average tenure for the Chargeurs management team is less than 2 years, this suggests a new team.
Management Team

Michaël Fribourg

TITLE
Chairman of the Board & CEO
COMPENSATION
€1M
AGE
36
TENURE
3.4 yrs

Olivier Buquen

TITLE
Chief Financial Officer
AGE
53
TENURE
1.8 yrs

Philippe Haroche

TITLE
Vice President and General Counsel

Joëlle Fabre-Hoffmeister

TITLE
Group Secretary General & Chief Compliance Officer
AGE
55

Cédric Ratouis

TITLE
Deputy Chief Financial Officer
AGE
37
TENURE
2 yrs

Pauline Bayec

TITLE
Head of Financial Communications
TENURE
4.8 yrs

Sampiero Lanfranchi

TITLE
Managing Director of Technical Substrates
TENURE
1.8 yrs

Matthieu Balescut

TITLE
Executive Vice President of Business Development & Strategy
TENURE
1.2 yrs

Laurent Derolez

TITLE
Chief Executive Officer of Chargeurs Protective Films

Federico Paullier

TITLE
Managing Director of Chargeurs Luxury Materials
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Chargeurs board of directors in years:

3.1
Average Tenure
55
Average Age
  • The tenure for the Chargeurs board of directors is about average.
Board of Directors

Michaël Fribourg

TITLE
Chairman of the Board & CEO
COMPENSATION
€1M
AGE
36
TENURE
3.4 yrs

Isabelle Guichot

TITLE
Independent Director
COMPENSATION
€59K
AGE
53
TENURE
2.8 yrs

Cécilia Ragueneau

TITLE
Independent Director
COMPENSATION
€44K
AGE
45
TENURE
1.9 yrs

Georges Ralli

TITLE
Non-Voting Director
COMPENSATION
€44K
AGE
70
TENURE
2.8 yrs

Emmanuel Coquoin

TITLE
Director
COMPENSATION
€80K
AGE
57
TENURE
3.4 yrs

Nicolas Urbain

TITLE
Director
COMPENSATION
€59K
AGE
58
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Chargeurs's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chargeurs 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.

News

Simply Wall St News

Company Info

Description

Chargeurs S.A. operates as a manufacturing and services company in France and internationally. The company operates in four segments: Chargeurs Protective Films, Chargeurs Fashion Technologies, Chargeurs Technical Substrates, and Chargeurs Luxury Materials. The Chargeurs Protective Films segment develops, manufactures, and markets technical solutions to protect steel, aluminum, plastic, and other surfaces in the production process; and laminators for temporary surface protection films. The Chargeurs Fashion Technologies segment manufactures and markets garment interlinings. The Chargeurs Technical Substrates segment develops, manufactures, and markets functionalized coated technical substrates. The Chargeurs Luxury Materials segment manufactures and markets wool tops. It operates in Europe, the Americas, and the Asia-Pacific and Africa. Chargeurs S.A. was founded in 1872 and is headquartered in Paris, France.

Details
Name: Chargeurs SA
GET
Exchange: DB
Founded: 1872
€455,286,498
23,064,159
Website: http://www.chargeurs.fr
Address: Chargeurs SA
112, avenue Kléber,
Paris,
Ile-de-France, 75016,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA CRI Common Shares Euronext Paris FR EUR 25. Jun 1996
DB GET Common Shares Deutsche Boerse AG DE EUR 25. Jun 1996
BST GET Common Shares Boerse-Stuttgart DE EUR 25. Jun 1996
LSE 0E1Y Common Shares London Stock Exchange GB EUR 25. Jun 1996
BATS-CHIXE CRIP Common Shares BATS 'Chi-X Europe' GB EUR 25. Jun 1996
Number of employees
Current staff
Staff numbers
2,000
Chargeurs employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 22:00
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/15
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.