ACA

Crédit AgricoleENXTPA:ACA Stock Report

Market Cap

€35.9b

7D

-2.6%

1Y

44.0%

Updated

18 Sep, 2021

Data

Company Financials +
ACA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends5/6

ACA Overview

Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide.

Crédit Agricole Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Crédit Agricole
Historical stock prices
Current Share Price€11.66
52 Week High€6.51
52 Week Low€13.49
Beta2.08
1 Month Change-0.60%
3 Month Change-1.17%
1 Year Change44.02%
3 Year Change-10.21%
5 Year Change31.35%
Change since IPO-33.49%

Recent News & Updates

Shareholder Returns

ACAFR BanksFR Market
7D-2.6%-0.4%-1.8%
1Y44.0%50.9%32.8%

Return vs Industry: ACA underperformed the French Banks industry which returned 50.9% over the past year.

Return vs Market: ACA exceeded the French Market which returned 32.8% over the past year.

Price Volatility

Is ACA's price volatile compared to industry and market?
ACA volatility
ACA Beta2.08
Industry Beta1.91
Market Beta1

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

Volatility Over Time: ACA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a72,520Philippe Brassachttps://www.credit-agricole.com

Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through five segments: Asset Gathering; French Retail Banking - LCL; International Retail Banking; Specialised Financial Services; and Large Customers. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services.

Valuation

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

21.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ACA (€11.66) is trading below our estimate of fair value (€14.83)

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


Price To Earnings Ratio

PE vs Industry: ACA is poor value based on its PE Ratio (9x) compared to the French Banks industry average (7.4x).

PE vs Market: ACA is good value based on its PE Ratio (9x) compared to the French market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: ACA is poor value based on its PEG Ratio (7.8x)


Price to Book Ratio

PB vs Industry: ACA is overvalued based on its PB Ratio (0.5x) compared to the FR Banks industry average (0.3x).


Future Growth

How is Crédit Agricole forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

1.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACA's forecast earnings growth (1.2% per year) is above the savings rate (0.4%).

Earnings vs Market: ACA's earnings (1.2% per year) are forecast to grow slower than the French market (12.2% per year).

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

Revenue vs Market: ACA's revenue (3.7% per year) is forecast to grow slower than the French market (6.2% per year).

High Growth Revenue: ACA's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACA's Return on Equity is forecast to be low in 3 years time (7.5%).


Past Performance

How has Crédit Agricole performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACA has high quality earnings.

Growing Profit Margin: ACA's current net profit margins (20.1%) are lower than last year (21.5%).


Past Earnings Growth Analysis

Earnings Trend: ACA's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: ACA's earnings growth over the past year (1.8%) is below its 5-year average (9.9% per year).

Earnings vs Industry: ACA earnings growth over the past year (1.8%) underperformed the Banks industry 49.3%.


Return on Equity

High ROE: ACA's Return on Equity (6.9%) is considered low.


Financial Health

How is Crédit Agricole's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ACA's Assets to Equity ratio (27.8x) is very high.

Allowance for Bad Loans: ACA has a low allowance for bad loans (74%).

Low Risk Liabilities: 53% of ACA's liabilities are made up of primarily low risk sources of funding.

Loan Level: ACA has an appropriate level of Loans to Assets ratio (25%).

Low Risk Deposits: ACA's Loans to Deposits ratio (49%) is appropriate.

Level of Bad Loans: ACA has a high level of bad loans (2.7%).


Dividend

What is Crédit Agricole current dividend yield, its reliability and sustainability?

6.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ACA's dividend (6.86%) is higher than the bottom 25% of dividend payers in the French market (1.27%).

High Dividend: ACA's dividend (6.86%) is in the top 25% of dividend payers in the French market (3.88%)


Stability and Growth of Payments

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

Growing Dividend: ACA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (58.4%), ACA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ACA's dividends in 3 years are forecast to be covered by earnings (57% payout ratio).


Next Steps

Management

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

6.3yrs

Average management tenure


CEO

Philippe Brassac (62 yo)

6.33yrs

Tenure

€2,456,562

Compensation

Mr. Philippe Brassac serves as Chairman at Credit Agricole Corporate and Investment Bank. He has been Chief Executive Officer at Crédit Agricole S.A., since May 20, 2015 and Chair of the French Banking Fed...


CEO Compensation Analysis

Compensation vs Market: Philippe's total compensation ($USD2.88M) is about average for companies of similar size in the French market ($USD3.29M).

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


Leadership Team

Experienced Management: ACA's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: ACA's board of directors are considered experienced (5.1 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 been diluted in the past year, with total shares outstanding growing by 6.7%.


Top Shareholders

Company Information

Crédit Agricole S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Crédit Agricole S.A.
  • Ticker: ACA
  • Exchange: ENXTPA
  • Founded: NaN
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €35.869b
  • Shares outstanding: 3.08b
  • Website: https://www.credit-agricole.com

Number of Employees


Location

  • Crédit Agricole S.A.
  • 12 place des Etats-Unis
  • Cedex
  • Montrouge
  • Ile-de-France
  • 92127
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 17:32
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.