ENXTPA:PERR

Stock Analysis Report

Gérard Perrier Industrie

Executive Summary

Gérard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining industrial electrical, electronic and automation equipment in France and internationally.

Rewards

Trading at 9.6% below its fair value

Earnings are forecast to grow 5.97% per year

Earnings grew by 10.1% over the past year

Risk Analysis

Unstable dividend track record

Shareholders have been diluted in the past year



Snowflake Analysis

Solid track record with excellent balance sheet and pays a dividend.

Share Price & News

How has Gérard Perrier Industrie's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PERR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

PERR

2.1%

FR Electrical

1.5%

FR Market


1 Year Return

24.0%

PERR

51.3%

FR Electrical

24.1%

FR Market

Return vs Industry: PERR underperformed the French Electrical industry which returned 53.7% over the past year.

Return vs Market: PERR matched the French Market which returned 24.8% over the past year.


Shareholder returns

PERRIndustryMarket
7 Day-1.8%2.1%1.5%
30 Day4.5%2.3%3.3%
90 Day19.0%13.0%8.9%
1 Year28.5%24.0%55.5%51.3%28.5%24.1%
3 Year68.1%54.6%46.1%35.3%45.3%31.4%
5 Year118.9%90.9%64.8%43.9%65.3%41.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gérard Perrier Industrie undervalued compared to its fair value and its price relative to the market?

11.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PERR (€66.2) is trading below our estimate of fair value (€73.25)

Significantly Below Fair Value: PERR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PERR is good value based on its PE Ratio (18.2x) compared to the Electrical industry average (19.8x).

PE vs Market: PERR is good value based on its PE Ratio (17.9x) compared to the French market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: PERR is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: PERR is overvalued based on its PB Ratio (3.5x) compared to the FR Electrical industry average (2.4x).


Next Steps

Future Growth

How is Gérard Perrier Industrie forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PERR's forecast earnings growth (6% per year) is above the savings rate (-0.1%).

Earnings vs Market: PERR's earnings (6% per year) are forecast to grow slower than the French market (11.7% per year).

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

Revenue vs Market: PERR's revenue (3.1% per year) is forecast to grow slower than the French market (4.7% per year).

High Growth Revenue: PERR's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PERR's Return on Equity is forecast to be low in 3 years time (17.4%).


Next Steps

Past Performance

How has Gérard Perrier Industrie performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PERR has high quality earnings.

Growing Profit Margin: PERR's current net profit margins (6.7%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: PERR's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: PERR's earnings growth over the past year (10.1%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: PERR earnings growth over the past year (10.1%) exceeded the Electrical industry 1.2%.


Return on Equity

High ROE: PERR's Return on Equity (19.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Gérard Perrier Industrie's financial position?


Financial Position Analysis

Short Term Liabilities: PERR's short term assets (€117.3M) exceed its short term liabilities (€65.8M).

Long Term Liabilities: PERR's short term assets (€117.3M) exceed its long term liabilities (€24.1M).


Debt to Equity History and Analysis

Debt Level: PERR's debt to equity ratio (25.1%) is considered satisfactory.

Reducing Debt: PERR's debt to equity ratio has increased from 13% to 25.1% over the past 5 years.

Debt Coverage: PERR's debt is well covered by operating cash flow (80.6%).

Interest Coverage: PERR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: PERR's debt is covered by short term assets (assets are 6.7x debt).


Next Steps

Dividend

What is Gérard Perrier Industrie's current dividend yield, its reliability and sustainability?

2.69%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.5%markettop25%4.4%industryaverage2.2%forecastin3Years3.3%

Current dividend yield vs market & industry

Notable Dividend: PERR's dividend (2.64%) is higher than the bottom 25% of dividend payers in the French market (1.46%).

High Dividend: PERR's dividend (2.64%) is low compared to the top 25% of dividend payers in the French market (4.43%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.1%), PERR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PERR's dividends in 3 years are forecast to be covered by earnings (50.9% payout ratio).


Next Steps

Management

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

€120k

CEO Compensation


CEO

François Perrier 0

0yrs

Tenure

€120,392

Compensation

Mr. François Perrier serves as Vice-Chairman and Chief Executive Officer at Gerard Perrier Industrie Société Anonyme. 


CEO Compensation Analysis

Compensation vs Market: François's total compensation ($USD133.93K) is below average for companies of similar size in the French market ($USD414.25K).

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


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 been diluted in the past year, with total shares outstanding growing by 4.1%.


Management Team

  • Grégoire Cacciapuoti

    Vice-Chairman of Management Board

    • Compensation: €121.47k
  • François Perrier

    Vice-Chairman of the Management Board and Chief Executive Officer

    • Compensation: €120.39k

Board Members

  • Bertrand Rambaud (55yo)

    Member of Supervisory Board

    • Compensation: €6.00k
  • Jean-Michel Armand

    Chairman of Supervisory Board

    • Compensation: €72.00k
  • Isabelle Perrier-Lemoine

    Member of the Supervisory Board

    • Compensation: €12.00k
  • André Picard

    Vice-Chairman of Supervisory Board

    • Compensation: €12.00k
  • Christian Tachon

    Member of Supervisory Board

    • Compensation: €6.00k
  • Anne-Périne Perrier

    Member of the Supervisory Board

    • Compensation: €4.50k
  • Magalie Fougerat

    Member of the Supervisory Board

    • Compensation: €4.50k
  • Isabelle Faggion

    Member of the Supervisory board

    Company Information

    Gérard Perrier Industrie S.A.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Gérard Perrier Industrie S.A.
    • Ticker: PERR
    • Exchange: ENXTPA
    • Founded:
    • Industry: Electrical Components and Equipment
    • Sector: Capital Goods
    • Market Cap: €239.424m
    • Shares outstanding: 3.68m
    • Website: https://www.gerard-perrier.com

    Number of Employees


    Location

    • Gérard Perrier Industrie S.A.
    • AIRPARC 160 rue de norvege
    • Lyon St-Exupery Aéroport
    • Lyon
    • Rhône-Alpes
    • 69125
    • France

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    PERRENXTPA (Euronext Paris)YesOrdinary SharesFREURMar 1992
    0NB0LSE (London Stock Exchange)YesOrdinary SharesGBEURMar 1992
    PERRPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMar 1992

    Biography

    Gérard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining industrial electrical, electronic and automation equipment in France and internationally. The company installs, services, and maintains electrical, and command and control equipment at the industrial sites; and designs and manufactures electrical and electronic equipment for machine automation, continuous process, and professional equipment. It also provides electrical engineering, automation, maintenance, and technical assistance services for the energy and nuclear sectors; and electrical and automation equipment in the area of cable transport and lifting. In addition, the company offers electrical, automation, and industrial computing equipment for the agriculture industry; and ALTESOFT, a production control software program for the agricultural industry. The company is headquartered in Lyon, France. Gérard Perrier Industrie S.A. is a subsidiary of SFGP SAS. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/17 20:52
    End of Day Share Price2020/01/17 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.