ENXTPA:UG

Stock Analysis Report

Executive Summary

Peugeot S.A. engages in automotive, automotive equipment, and finance businesses in Europe, Eurasia, China and South-Asia, India Pacific, Latin America, the Middle East, Africa, and North America.

Rewards

Trading at 81.1% below its fair value

Earnings are forecast to grow 1.94% per year

Earnings grew by 13.2% over the past year

Risk Analysis

Has a high level of debt

Unstable dividend track record

Highly volatile share price over past 3 months

Large one-off items impacting financial results



Snowflake Analysis

Undervalued with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Peugeot's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-7.5%

UG

-9.0%

FR Auto

-4.5%

FR Market


1 Year Return

-51.0%

UG

-38.1%

FR Auto

-21.8%

FR Market

Return vs Industry: UG underperformed the French Auto industry which returned -38.1% over the past year.

Return vs Market: UG underperformed the French Market which returned -21.8% over the past year.


Shareholder returns

UGIndustryMarket
7 Day-7.5%-9.0%-4.5%
30 Day-32.1%-27.4%-20.0%
90 Day-47.7%-39.6%-28.2%
1 Year-49.3%-51.0%-35.0%-38.1%-19.0%-21.8%
3 Year-32.9%-38.4%-30.3%-36.8%-2.5%-11.6%
5 Year-20.3%-26.8%-47.8%-55.6%7.0%-10.1%

Price Volatility Vs. Market

How volatile is Peugeot's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UG (€11.38) is trading below our estimate of fair value (€60.31)

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


Price To Earnings Ratio

PE vs Industry: UG is good value based on its PE Ratio (3.2x) compared to the Auto industry average (8.3x).

PE vs Market: UG is good value based on its PE Ratio (3.2x) compared to the French market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: UG is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: UG is good value based on its PB Ratio (0.5x) compared to the XE Auto industry average (0.7x).


Next Steps

Future Growth

How is Peugeot forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

1.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UG's forecast earnings growth (1.9% per year) is above the savings rate (-0.1%).

Earnings vs Market: UG's earnings (1.9% per year) are forecast to grow slower than the French market (12% per year).

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

Revenue vs Market: UG's revenue (0.6% per year) is forecast to grow slower than the French market (3.5% per year).

High Growth Revenue: UG's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UG's Return on Equity is forecast to be low in 3 years time (11.9%).


Next Steps

Past Performance

How has Peugeot performed over the past 5 years?

39.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UG has a large one-off loss of €1.7B impacting its December 31 2019 financial results.

Growing Profit Margin: UG's current net profit margins (4.3%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: UG has become profitable over the past 5 years, growing earnings by 39.3% per year.

Accelerating Growth: UG's earnings growth over the past year (13.2%) is below its 5-year average (39.3% per year).

Earnings vs Industry: UG earnings growth over the past year (13.2%) exceeded the Auto industry -10%.


Return on Equity

High ROE: UG's Return on Equity (16.4%) is considered low.


Next Steps

Financial Health

How is Peugeot's financial position?


Financial Position Analysis

Short Term Liabilities: UG's short term assets (€31.3B) do not cover its short term liabilities (€31.7B).

Long Term Liabilities: UG's short term assets (€31.3B) exceed its long term liabilities (€16.3B).


Debt to Equity History and Analysis

Debt Level: UG's debt to equity ratio (45.8%) is considered high.

Reducing Debt: UG's debt to equity ratio has reduced from 203% to 45.8% over the past 5 years.

Debt Coverage: UG's debt is well covered by operating cash flow (87.1%).

Interest Coverage: UG's interest payments on its debt are well covered by EBIT (38.3x coverage).


Balance Sheet

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

Debt Coverage by Assets: UG's debt is covered by short term assets (assets are 3.1x debt).


Next Steps

Dividend

What is Peugeot's current dividend yield, its reliability and sustainability?

10.81%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: UG's dividend (10.81%) is higher than the bottom 25% of dividend payers in the French market (2.07%).

High Dividend: UG's dividend (10.81%) is in the top 25% of dividend payers in the French market (6.44%)


Stability and Growth of Payments

Stable Dividend: UG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UG's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.4%), UG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UG's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Carlos Tavares (61yo)

6.08s

Tenure

€7,639,632

Compensation

Mr. Carlos Tavares has been the Chairman of the Managing Board and Member of the Managing Board at Peugeot S.A. since March 31, 2014 and January 1, 2014 respectively. Mr. Tavares held various senior positi ...


CEO Compensation Analysis

Compensation vs Market: Carlos's total compensation ($USD8.40M) is above average for companies of similar size in the French market ($USD4.00M).

Compensation vs Earnings: Carlos's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Carlos Tavares
Chairman of the Managing Board6.08yrs€7.64m0.015% 1.5m
Maxime Picat
Executive VP3.58yrs€2.77m0.0046% 466.2k
Jean-Christophe Quémard
Executive Vice President of Quality12.25yrs€2.65m0.0075% 759.4k
Philippe de Rovira
Chief Financial Officer1.67yrsno datano data
Olivier Bourges
Group’s Executive Vice President of Programmes and Strategy & Member of the Managing Board1.08yrsno datano data
Michael Lohscheller
Executive VP of Opel Automobile GmbH & Member of Managing Boardno datano datano data
Mark Rollinger
Chief Legal Officer6.5yrsno datano data
Bertrand Blaise
Executive Vice President of Corporate Communicationsno datano datano data
Thierry Koskas
Senior VP and Chief Sales & Marketing Officer1.08yrsno datano data
Xavier Chéreau
Executive Vice President of Human Resourcesno datano datano data

3.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: UG's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yann Delabrière
Chairman of Faurecia and Chief Executive Officer of Faurecia13.17yrsno datano data
Robert Peugeot
Independent Member of Supervisory Board6yrs€72.00k0.00011% 11.2k
Marie-Hélène Peugeot-Roncoroni
Vice-Chairwoman of Supervisory Boardno data€110.00k0.00013% 13.2k
Gilles Schnepp
Vice Chairman & Senior Independent Member of Supervisory Board1yrno datano data
Louis Gallois
Independent Chairman of Supervisory Board6yrs€372.80k0.00012% 12.2k
Frédéric Banzet
Advisor to the Supervisory Board5.75yrs€20.00kno data
Pamela Knapp
Independent Member of Supervisory Board8.92yrs€70.00k0.00022% 22.4k
Catherine-Annick Bradley
Independent Member of Supervisory Board4.17yrs€85.00k0.00011% 11.2k
Anne Guérin
Vice-Chairwoman of Supervisory Board2.75yrs€110.00kno data
Li Shaozhu
Vice President of Supervisory Boardno data€46.17kno data

5.9yrs

Average Tenure

61yo

Average Age

Experienced Board: UG's board of directors are considered experienced (5.9 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

Peugeot S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Peugeot S.A.
  • Ticker: UG
  • Exchange: ENXTPA
  • Founded:
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: €10.179b
  • Shares outstanding: 894.88m
  • Website: https://www.peugeot.com

Number of Employees


Location

  • Peugeot S.A.
  • 7, rue Henri Sainte-Claire Deville
  • Rueil-Malmaison
  • Ile-de-France
  • 92563
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PEUG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
UGENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1980
0NQ9LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1980
PEUDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1980
PEUXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1980
UGPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1980
UGWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1980
UGSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1980
PUGO.YOTCPK (Pink Sheets LLC)UNSPON ADR EA REPR 1 ORD EUR0.00USUSDSep 1995
PEUBDB (Deutsche Boerse AG)UNSPON ADR EA REPR 1 ORD EUR0.00DEEURSep 1995

Biography

Peugeot S.A. engages in automotive, automotive equipment, and finance businesses in Europe, Eurasia, China and South-Asia, India Pacific, Latin America, the Middle East, Africa, and North America. The company’s Automotive segment designs, manufactures, and sells passenger cars and light commercial vehicles under the Peugeot, Citroën, Opel Vauxhall, and DS brands. Its Automotive Equipment segment offers interior systems, automotive seating products, and clean mobility products. The company’s Finance segment provides retail financing to customers of the Peugeot, Citroën, Opel Vauxhall, and DS brands; and wholesale financing to dealer networks. It also offers electric vehicles. The company is based in Rueil-Malmaison, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 21:16
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.