Rallye SA, together with its subsidiaries, engages in the food, non-food e-commerce, and sporting goods retailing activities in France and internationally.
Fair value unattractive dividend payer.
Share Price & News
How has Rallye's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAY's share price has been volatile over the past 3 months.
7 Day Return
DE Consumer Retailing
1 Year Return
DE Consumer Retailing
Return vs Industry: RAY underperformed the German Consumer Retailing industry which returned -9% over the past year.
Return vs Market: RAY underperformed the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Rallye's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Rallye undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAY (€7.21) is trading below our estimate of fair value (€69.21)
Significantly Below Fair Value: RAY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAY is unprofitable, so we can't compare its PE Ratio to the Consumer Retailing industry average.
PE vs Market: RAY 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 RAY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAY is good value based on its PB Ratio (0.5x) compared to the XE Consumer Retailing industry average (1.4x).
How is Rallye forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RAY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RAY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RAY's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: RAY's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RAY's Return on Equity is forecast to be high in 3 years time
How has Rallye performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAY is currently unprofitable.
Growing Profit Margin: RAY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAY is unprofitable, and losses have increased over the past 5 years at a rate of -13.9% per year.
Accelerating Growth: Unable to compare RAY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAY is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (2.2%).
Return on Equity
High ROE: RAY has a negative Return on Equity (-1.39%), as it is currently unprofitable.
How is Rallye's financial position?
Financial Position Analysis
Short Term Liabilities: RAY's short term assets (€11.5B) do not cover its short term liabilities (€16.3B).
Long Term Liabilities: RAY's short term assets (€11.5B) do not cover its long term liabilities (€12.2B).
Debt to Equity History and Analysis
Debt Level: RAY's debt to equity ratio (142.9%) is considered high.
Reducing Debt: RAY's debt to equity ratio has increased from 106.9% to 142.9% over the past 5 years.
Inventory Level: RAY has a high level of physical assets or inventory.
Debt Coverage by Assets: RAY's debt is not covered by short term assets (assets are 0.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RAY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RAY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Rallye's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RAY's dividend (14.88%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: RAY's dividend (14.88%) is in the top 25% of dividend payers in the German market (4.86%)
Stability and Growth of Payments
Stable Dividend: RAY's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: RAY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Franck Hattab (48yo)
Mr. Franck Hattab serves as General Manager at Rallye SA. since April 03, 2017. Mr. Hattab served as Deputy Chief Executive Officer of Rallye Société Anonyme since February 28, 2013. He served as a Deputy ...
CEO Compensation Analysis
Compensation vs Market: Franck's total compensation ($USD928.85K) is about average for companies of similar size in the German market ($USD1.11M).
Compensation vs Earnings: Franck's compensation has been consistent with company performance over the past year.
|Chairman of the Board||21.92yrs||€10.00k||0.00071% €2.5k|
|Non-Voting Director||2.83yrs||€12.00k||0.0020% €7.1k|
|Non-Voting Director||2.83yrs||€20.00k||0.00072% €2.5k|
|Chairman of the Board of Directors - Groupe GO Sport||6.42yrs||no data||no data|
|Independent Director||10.75yrs||€50.00k||0.0026% €9.2k|
|Independent Director||5.83yrs||€40.00k||0.00092% €3.2k|
Experienced Board: RAY's board of directors are considered experienced (7.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rallye SA's company bio, employee growth, exchange listings and data sources
- Name: Rallye SA
- Ticker: RAY
- Exchange: DB
- Founded: 1925
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: €350.661m
- Shares outstanding: 52.18m
- Website: https://www.rallye.fr
Number of Employees
- Rallye SA
- 83, rue du Faubourg Saint Honoré
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RAL||ENXTPA (Euronext Paris)||Yes||Common Shares||FR||EUR||Jan 1992|
|RAY||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1992|
|0K9N||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Jan 1992|
|RLYN.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1992|
|RALP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Jan 1992|
Rallye SA, together with its subsidiaries, engages in the food, non-food e-commerce, and sporting goods retailing activities in France and internationally. The company operates in two segments, Food and General Retailing, and Holdings and Other Activities. It operates hypermarkets, supermarkets, and discount stores. The company conducts its retailing activities in France primarily under the Casino, Monoprix, Franprix-Leader Price, and Vindémia banners; food retail activities in Latin America primarily under the Éxito, Disco, Devoto, and Libertad banners, as well as GPA food banner; and e-commerce comprising Cdiscount and the Cnova N.V. holding company businesses. It is also involved in financial investment, real estate asset management, property development and trading, and energy efficiency activities; and operation of e-commerce sites and self-service restaurants. The company was founded in 1925 and is headquartered in Paris, France. Rallye SA is a subsidiary of Fonciere Euris SA.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 20:45|
|End of Day Share Price||2020/03/27 00:00|
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.