ENXTPA:RE

Stock Analysis Report

Executive Summary

Colas SA constructs and maintains transport infrastructure worldwide.

Snowflake

Fundamentals

Excellent balance sheet unattractive dividend payer.

Risks

  • Colas is not covered by any analysts.

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


Market Performance


7 Day Return

0.9%

ENXTPA:RE

5.6%

FR Construction

3.6%

FR Market


1 Year Return

-18.7%

ENXTPA:RE

7.3%

FR Construction

-0.3%

FR Market

RE underperformed the Construction industry which returned 6.2% over the past year.

RE underperformed the Market in France which returned -1.7% over the past year.


Share holder returns

REIndustryMarket
7 Day0.9%5.6%3.6%
30 Day-1.8%4.4%-2.4%
90 Day1.9%9.0%2.7%
1 Year-15.5%-18.7%11.0%7.3%3.1%-0.3%
3 Year23.7%7.6%51.3%37.3%41.8%28.0%
5 Year40.8%6.1%106.3%72.1%56.1%33.1%

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 based on future cash flows and its price relative to the stock market?

20.07x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Colas's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Colas's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Colas is overvalued based on earnings compared to the FR Construction industry average.

Colas is overvalued based on earnings compared to the France market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Colas, we can't assess if its growth is good value.


Price Based on Value of Assets

Colas is overvalued based on assets compared to the FR Construction industry average.


Next Steps

Future Growth

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

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Colas is high growth as no revenue estimate data is available.

Colas's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare Colas's revenue growth to the France market average as no estimate data is available.

Colas's earnings growth is positive but not above the France market average.

Colas's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Colas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Colas performed over the past 5 years?

-14.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Colas's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Colas's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Colas's 1-year earnings growth is negative, it can't be compared to the Europe Construction industry average.


Return on Equity

Colas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Colas used its assets less efficiently than the FR Construction industry average last year based on Return on Assets.


Return on Capital Employed

Colas has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Colas's financial position?


Financial Position Analysis

Colas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Colas's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Colas's level of debt (36.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (18.3% vs 36.8% today).

Debt is well covered by operating cash flow (35.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.3x debt.


Next Steps

Dividend

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

3.99%

Current Dividend Yield


Dividend Yield and Payments Analysis

Colas's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.58%).

Colas's dividend is below the markets top 25% of dividend payers in France (4.57%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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


CEO

Frédéric Gardès (48yo)

0.6yrs

Tenure

0

Mr. Frédéric Gardès is Chief Executive Officer of Colas at Bouygues SA since May 2019. He has been Chief Executive Officer and Managing Director of International (excluding the North America), Roads, Netwo ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jacques Souche

    Head of Guadeloupe

    • Tenure: 0.0yrs
  • Chaiwat Srivalwat (59yo)

    Managing Director of Tasco - Thailand

    • Tenure: 0.0yrs
  • Louis Gabanna (64yo)

    Managing Director of North America

    • Tenure: 12.6yrs
  • Christian de Pins

    Managing Director of France and President of Screg Ile-De-France Normandie

    • Tenure: 0.0yrs
    • Compensation: €694.70k
  • Alain Clotte

    Chief Legal Officer

    • Tenure: 0.0yrs
  • Gilles Nicolle

    Head of Accounting

    • Tenure: 0.0yrs
  • Yves François

    Chief Information Officer

    • Tenure: 0.0yrs
  • Sophie Sadeler

    Communications Manager

    • Tenure: 0.0yrs
  • Philippe Tournier (62yo)

    Group Human Resources Manager

    • Tenure: 0.0yrs
  • Frédéric Gardès (48yo)

    CEO and MD of International (excluding the North America)

    • Tenure: 0.6yrs

Board Members

  • Olivier Bouygues (69yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: €20.00k
  • Hervé Le Bouc (67yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: €4.25m
  • Daniel Ducroix

    Deputy MD of Waterproofing

    • Tenure: 0.0yrs
  • Christophe Guy

    Chairman & CEO Colas EST

    • Tenure: 0.0yrs
  • Patrick Guénolé

    Deputy MD

    • Tenure: 0.0yrs
  • Jim Weeks

    Chairman of the Board of Barrett Industries Corporation & Senior VP of Colas Inc

    • Tenure: 0.0yrs
  • Colette Lewiner (74yo)

    Independent Director

    • Tenure: 0.0yrs
    • Compensation: €32.00k
  • Philippe Marien (63yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: €24.00k
  • Philippe Durand

    Chairman & CEO of Colas Sud-Ouest

    • Tenure: 0.0yrs
  • Arnauld Van Eeckhout

    Non Voting Director

    • Tenure: 1.6yrs
    • Compensation: €16.80k

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: €4.536b
  • Shares outstanding: 32.64m
  • Website: https://www.colas.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REENXTPA (Euronext Paris)YesRegistered SharesFREURJan 1989
0NZ1LSE (London Stock Exchange)YesRegistered SharesGBEURJan 1989
REPBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 1989
OL3DB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1989

Biography

Colas SA constructs and maintains transport infrastructure worldwide. It operates through Roads Mainland France, Roads Europe, Roads North America, Roads Rest of the World, and Specialized Activities segme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 20:38
End of Day Share Price2019/08/21 00:00
Earnings2018/12/31
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.