DB:CAJ

Stock Analysis Report

Casino Guichard-Perrachon Société Anonyme

Executive Summary

Casino, Guichard-Perrachon Société Anonyme operates as a food retailer in France and internationally.


Snowflake Analysis

Moderate growth potential and overvalued.


Similar Companies

Share Price & News

How has Casino Guichard-Perrachon Société Anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CAJ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.6%

CAJ

-1.6%

DE Consumer Retailing

0.5%

DE Market


1 Year Return

-7.9%

CAJ

-1.2%

DE Consumer Retailing

15.5%

DE Market

Return vs Industry: CAJ underperformed the German Consumer Retailing industry which returned 4.3% over the past year.

Return vs Market: CAJ underperformed the German Market which returned 17.1% over the past year.


Shareholder returns

CAJIndustryMarket
7 Day-7.6%-1.6%0.5%
30 Day-12.9%-3.1%1.4%
90 Day-17.0%-1.7%5.3%
1 Year-3.7%-7.9%2.7%-1.2%19.2%15.5%
3 Year-14.2%-28.5%2.2%-8.0%15.7%5.5%
5 Year-38.1%-55.0%11.2%-5.9%27.3%10.1%

Price Volatility Vs. Market

How volatile is Casino Guichard-Perrachon Société Anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Casino Guichard-Perrachon Société Anonyme undervalued compared to its fair value and its price relative to the market?

0.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CAJ (€38.68) is trading above our estimate of fair value (€27.8)

Significantly Below Fair Value: CAJ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CAJ is unprofitable, so we can't compare its PE Ratio to the Consumer Retailing industry average.

PE vs Market: CAJ is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CAJ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CAJ is good value based on its PB Ratio (0.7x) compared to the XE Consumer Retailing industry average (1.6x).


Next Steps

Future Growth

How is Casino Guichard-Perrachon Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

91.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAJ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: CAJ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CAJ's is expected to become profitable in the next 3 years.

Revenue vs Market: CAJ's revenue (3% per year) is forecast to grow slower than the German market (4.8% per year).

High Growth Revenue: CAJ's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CAJ's Return on Equity is forecast to be low in 3 years time (3.5%).


Next Steps

Past Performance

How has Casino Guichard-Perrachon Société Anonyme performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAJ is currently unprofitable.

Growing Profit Margin: CAJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CAJ is unprofitable, and losses have increased over the past 5 years at a rate of -40.1% per year.

Accelerating Growth: Unable to compare CAJ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CAJ is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (0.5%).


Return on Equity

High ROE: CAJ has a negative Return on Equity (-0.9%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Casino Guichard-Perrachon Société Anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: CAJ's short term assets (€11.0B) do not cover its short term liabilities (€13.0B).

Long Term Liabilities: CAJ's short term assets (€11.0B) do not cover its long term liabilities (€12.0B).


Debt to Equity History and Analysis

Debt Level: CAJ's debt to equity ratio (87.7%) is considered high.

Reducing Debt: CAJ's debt to equity ratio has increased from 76.2% to 87.7% over the past 5 years.

Debt Coverage: CAJ's debt is not well covered by operating cash flow (6.9%).

Interest Coverage: CAJ is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: CAJ has a high level of physical assets or inventory.

Debt Coverage by Assets: CAJ's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

What is Casino Guichard-Perrachon Société Anonyme's current dividend yield, its reliability and sustainability?

5.75%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.5%industryaverage3.6%forecastin3Years5.8%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CAJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CAJ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CAJ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CAJ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CAJ is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CAJ's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Casino Guichard-Perrachon Société Anonyme's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Jean-Charles Naouri (70yo)

14.8yrs

Tenure

€946,520

Compensation

Mr. Jean-Charles Henri Naouri has been Chairman at Companhia Brasileira de Distribuição since 2013. Mr. Naouri is a graduate of Ecole Normale Supérieure (science major) and Ecole Nationale d'Administration ...


CEO Compensation Analysis

Compensation vs Market: Jean-Charles's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD2.07M).

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


Management Age and Tenure

2.0yrs

Average Tenure

50yo

Average Age

Experienced Management: CAJ's management team is considered experienced (2 years average tenure).


Board Age and Tenure

4.2yrs

Average Tenure

59yo

Average Age

Experienced Board: CAJ's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

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.


Management Team

  • Jean-Charles Naouri (70yo)

    Chairman of the Board & CEO

    • Tenure: 14.8yrs
    • Compensation: €946.52k
  • Hervé Daudin (51yo)

    Merchandise Director & Chairman of Achats Marchandises Casino

    • Carlos Mario Giraldo Moreno (59yo)

      Chairman & CEO of Éxito Colombia

      • Julien Lagubeau (43yo)

        Chief Operating Officer

        • Arnaud Daniel Charles Walter Joachim Strasser (50yo)

          Corporate Development & Holdings Director and Vice-Chairman of GPA

          • Emmanuel Grenier (48yo)

            Chairman & CEO of Cdiscount

            • Kareen Ceintre

              Secretary of the Board of Directors

              • David Lubek (46yo)

                Chief Financial Officer

                • Tenure: 1.2yrs
              • Cyril Bourgois

                Head of Strategy

                • Céline Donadieu

                  Manager of Legal


                  Board Members

                  • Jean-Charles Naouri (70yo)

                    Chairman of the Board & CEO

                    • Tenure: 14.8yrs
                    • Compensation: €946.52k
                  • Frédéric Saint-Geours (69yo)

                    Director

                    • Tenure: 13.7yrs
                    • Compensation: €79.50k
                  • Gilles Pinoncély (79yo)

                    Non-Voting Director

                    • Tenure: 3.7yrs
                    • Compensation: €41.27k
                  • Catherine Lucet (60yo)

                    Lead Independent Director

                    • Tenure: 1.7yrs
                    • Compensation: €52.00k
                  • Hervé Daudin (51yo)

                    Merchandise Director & Chairman of Achats Marchandises Casino

                    • Carlos Mario Giraldo Moreno (59yo)

                      Chairman & CEO of Éxito Colombia

                      • Arnaud Daniel Charles Walter Joachim Strasser (50yo)

                        Corporate Development & Holdings Director and Vice-Chairman of GPA

                        • Emmanuel Grenier (48yo)

                          Chairman & CEO of Cdiscount

                          • Nathalie Andrieux (54yo)

                            Independent Director

                            • Tenure: 4.7yrs
                            • Compensation: €39.50k
                          • Jean-Paul Mochet

                            Chairman of Monoprix & CEO of Franprix

                            • Tenure: 0.5yrs

                          Company Information

                          Casino, Guichard-Perrachon Société Anonyme's company bio, employee growth, exchange listings and data sources


                          Key Information

                          • Name: Casino, Guichard-Perrachon Société Anonyme
                          • Ticker: CAJ
                          • Exchange: DB
                          • Founded: 1898
                          • Industry: Food Retail
                          • Sector: Consumer Retailing
                          • Market Cap: €3.896b
                          • Shares outstanding: 107.59m
                          • Website: https://www.groupe-casino.fr

                          Number of Employees


                          Location

                          • Casino, Guichard-Perrachon Société Anonyme
                          • 1, Cours Antoine Guichard
                          • CS 50306
                          • Saint-Etienne
                          • Rhône-Alpes
                          • 42008
                          • France

                          Listings

                          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
                          CGUI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992
                          COENXTPA (Euronext Paris)YesCommon SharesFREURJan 1992
                          CAJDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
                          0HB1LSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
                          COPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
                          CAJDUSE (Dusseldorf Stock Exchange)YesCommon SharesDEEURJan 1992
                          CGUS.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJan 2012

                          Biography

                          Casino, Guichard-Perrachon Société Anonyme operates as a food retailer in France and internationally. It operates through France Retail, Latam Retail, and E-commerce segments. The company operates hypermarkets, supermarkets, convenience stores, discount stores, and e-commerce sites; and cash and carry stores, as well as restaurants. It also offers private label products; and operates as a non-food retailer. In addition, the company engages in the property development, trading, and management activities, as well as develops, builds, and operates solar plants. Casino, Guichard-Perrachon Société Anonyme was founded in 1898 and is based in Saint-Etienne, France. 


                          Company Analysis and Financial Data Status

                          All financial data provided by Standard & Poor's Capital IQ.
                          DataLast Updated (UTC time)
                          Company Analysis2020/01/22 20:43
                          End of Day Share Price2020/01/22 00:00
                          Earnings2019/06/30
                          Annual Earnings2018/12/31


                          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.