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Market Cap

€4.3b

Last Updated

2021/09/18 17:33 UTC

Data Sources

Company Financials

Executive Summary

Colas SA constructs and maintains transport infrastructure worldwide. More Details


Snowflake Analysis

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RE is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: RE's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

RE

-1.6%

FR Construction

-1.8%

FR Market


1 Year Return

16.4%

RE

14.0%

FR Construction

32.8%

FR Market

Return vs Industry: RE exceeded the French Construction industry which returned 14% over the past year.

Return vs Market: RE underperformed the French Market which returned 32.8% over the past year.


Shareholder returns

REIndustryMarket
7 Day-0.4%-1.6%-1.8%
30 Day-1.1%-2.9%0.2%
90 Day7.8%-4.4%0.1%
1 Year19.2%16.4%17.2%14.0%36.1%32.8%
3 Year-17.2%-26.3%7.4%-1.8%31.9%19.6%
5 Year21.0%-2.6%42.3%22.2%82.1%53.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Colas 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: RE (€131.5) is trading below our estimate of fair value (€427.8)

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


Price To Earnings Ratio

PE vs Industry: RE is poor value based on its PE Ratio (15.5x) compared to the European Construction industry average (15.2x).

PE vs Market: RE is good value based on its PE Ratio (15.5x) compared to the French market (21.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RE is overvalued based on its PB Ratio (1.7x) compared to the FR Construction industry average (1.6x).


Future Growth

How is Colas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.2%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Colas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Colas performed over the past 5 years?

-15.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RE has high quality earnings.

Growing Profit Margin: RE's current net profit margins (2.1%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: RE's earnings have declined by 15.7% per year over the past 5 years.

Accelerating Growth: RE's earnings growth over the past year (307.4%) exceeds its 5-year average (-15.7% per year).

Earnings vs Industry: RE earnings growth over the past year (307.4%) exceeded the Construction industry 21.9%.


Return on Equity

High ROE: RE's Return on Equity (11.2%) is considered low.


Financial Health

How is Colas's financial position?


Financial Position Analysis

Short Term Liabilities: RE's short term assets (€6.1B) exceed its short term liabilities (€6.0B).

Long Term Liabilities: RE's short term assets (€6.1B) exceed its long term liabilities (€1.8B).


Debt to Equity History and Analysis

Debt Level: RE's debt to equity ratio (40.8%) is considered high.

Reducing Debt: RE's debt to equity ratio has increased from 25.9% to 40.8% over the past 5 years.

Debt Coverage: RE's debt is well covered by operating cash flow (101.8%).

Interest Coverage: RE's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


Dividend

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

2.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RE's dividend (2.21%) is higher than the bottom 25% of dividend payers in the French market (1.27%).

High Dividend: RE's dividend (2.21%) is low compared to the top 25% of dividend payers in the French market (3.88%).


Stability and Growth of Payments

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

Growing Dividend: RE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.2%), RE's dividend payments are well covered by earnings.


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.


Next Steps

Management

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

2.6yrs

Average board tenure


CEO

Frederic Gardes (50 yo)

2.33yrs

Tenure

€1,949,432

Compensation

Mr. Frederic Gardes serves as Chief Executive Officer of Colas SA since May 14, 2019 and serves as its Chairman since February 16, 2021. He served as Managing Director of International (excluding North Ame...


CEO Compensation Analysis

Compensation vs Market: Frederic's total compensation ($USD2.29M) is about average for companies of similar size in the French market ($USD2.55M).

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


Board Members

Experienced Board: RE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Colas SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colas SA
  • Ticker: RE
  • Exchange: ENXTPA
  • Founded: 1929
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €4.291b
  • Shares outstanding: 32.63m
  • Website: https://www.colas.com

Number of Employees


Location

  • Colas SA
  • 1 rue du Colonel Pierre Avia
  • Paris
  • Ile-de-France
  • 75015
  • France

Listings


Biography

Colas SA constructs and maintains transport infrastructure worldwide. It operates through three segments: Roads, Construction materials, and Railways. The company builds and maintains roads and highways; a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 17:33
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.