Market Cap
€4.7b
Last Updated
2021/02/27 19:41 UTC
Data Sources
Company Financials +
Executive Summary
Rexel S.A., together with its subsidiaries, engages in the distribution of low and ultra-low voltage electrical products for professional customers in Europe, the United States, Canada, China, Australia, and New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Rexel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RXL is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: RXL's weekly volatility has decreased from 10% to 5% over the past year.
Market Performance
7 Day Return
0%
RXL
0.3%
FR Trade Distributors
-1.4%
FR Market
1 Year Return
40.2%
RXL
40.8%
FR Trade Distributors
9.9%
FR Market
Return vs Industry: RXL matched the French Trade Distributors industry which returned 40.8% over the past year.
Return vs Market: RXL exceeded the French Market which returned 9.9% over the past year.
Shareholder returns
| RXL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.3% | -1.4% |
| 30 Day | 22.2% | 19.8% | 4.2% |
| 90 Day | 36.4% | 33.4% | 2.5% |
| 1 Year | 40.2%40.2% | 41.6%40.8% | 12.1%9.9% |
| 3 Year | 22.1%13.2% | 15.8%7.1% | 24.9%14.4% |
| 5 Year | 50.0%30.6% | 56.5%35.9% | 63.9%39.6% |
Long-Term Price Volatility Vs. Market
How volatile is Rexel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At Rexel (EPA:RXL)?1 month ago | Simply Wall St
Does This Valuation Of Rexel S.A. (EPA:RXL) Imply Investors Are Overpaying?1 month ago | Simply Wall St
Update: Rexel (EPA:RXL) Stock Gained 19% In The Last Five YearsValuation
Is Rexel undervalued compared to its fair value and its price relative to the market?
7.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RXL (€15.56) is trading below our estimate of fair value (€16.82)
Significantly Below Fair Value: RXL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RXL is unprofitable, so we can't compare its PE Ratio to the XE Trade Distributors industry average.
PE vs Market: RXL is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RXL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RXL's PB Ratio (1.2x) is in line with the FR Trade Distributors industry average.
Next Steps
Future Growth
How is Rexel forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
64.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RXL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: RXL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RXL's is expected to become profitable in the next 3 years.
Revenue vs Market: RXL's revenue (3.9% per year) is forecast to grow slower than the French market (7.2% per year).
High Growth Revenue: RXL's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RXL's Return on Equity is forecast to be low in 3 years time (10.2%).
Next Steps
Past Performance
How has Rexel performed over the past 5 years?
-40.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RXL is currently unprofitable.
Growing Profit Margin: RXL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RXL is unprofitable, and losses have increased over the past 5 years at a rate of 40.4% per year.
Accelerating Growth: Unable to compare RXL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RXL is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-1.5%).
Return on Equity
High ROE: RXL has a negative Return on Equity (-6.89%), as it is currently unprofitable.
Next Steps
Financial Health
How is Rexel's financial position?
Financial Position Analysis
Short Term Liabilities: RXL's short term assets (€4.6B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: RXL's short term assets (€4.6B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: RXL's debt to equity ratio (53.5%) is considered high.
Reducing Debt: RXL's debt to equity ratio has reduced from 69% to 53.5% over the past 5 years.
Debt Coverage: RXL's debt is well covered by operating cash flow (34.8%).
Interest Coverage: RXL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Rexel current dividend yield, its reliability and sustainability?
2.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RXL's dividend (2.96%) is higher than the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: RXL's dividend (2.96%) is low compared to the top 25% of dividend payers in the French market (4.62%).
Stability and Growth of Payments
Stable Dividend: RXL's dividend payments have been volatile in the past 10 years.
Growing Dividend: RXL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: RXL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: RXL's dividends in 3 years are forecast to be well covered by earnings (40.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Patrick Berard (67 yo)
4.58yrs
Tenure
€2,171,927
Compensation
Mr. Patrick Berard has been Director of LKQ Corporation since October 2, 2019. He has been the Chief Executive Officer of Rexel SA since July 1, 2016 and its Chief Executive Officer of Europe since 2015. H...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD2.63M) is about average for companies of similar size in the French market ($USD3.10M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CEO of Europe & Director | 4.58yrs | €2.17m | 0.14% € 6.4m | |
| Group Chief Financial Officer | 3.75yrs | no data | no data | |
| Investors Relations Director | no data | no data | no data | |
| Group Chief HR & Communications Officer | 1.08yrs | no data | no data | |
| Chief Executive Officer of Canada | 6.92yrs | no data | no data | |
| Chief Executive Officer of United Kingdom & Ireland - Benelux | 1.83yrs | no data | no data | |
| CEO & Senior VP of Rexel USA | no data | no data | no data | |
| General Secretary & Secretary of the Board | 4.25yrs | no data | no data | |
| Group Digital & IT Transformation Director and CEO of Nordics (Sweden | no data | no data | no data | |
| Chief Executive Officer of Rexel France | 1.33yrs | no data | no data | |
| Industrial & Automation Director | 6.25yrs | no data | no data |
4.0yrs
Average Tenure
56yo
Average Age
Experienced Management: RXL's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CEO of Europe & Director | 4.58yrs | €2.17m | 0.14% € 6.4m | |
| Independent Director | 4yrs | €97.50k | 0.00037% € 17.5k | |
| Independent Non-Executive Chairman of the Board | 4.33yrs | €500.00k | 0.038% € 1.8m | |
| Deputy Chairman & Senior Independent Director | 6.75yrs | €140.00k | 0.0024% € 110.9k | |
| Independent Director | 1.75yrs | €103.20k | 0.00033% € 15.6k | |
| Independent Director | 6.75yrs | €95.00k | 0.0015% € 69.8k | |
| Independent Director | 6.75yrs | €95.00k | 0.00033% € 15.6k | |
| Non-Independent Director | 3.75yrs | €82.50k | 0.0016% € 77.9k | |
| Independent Director | 1yr | no data | no data | |
| Independent Director | 4.92yrs | €95.00k | 0.0016% € 77.9k | |
| Employee Representative Director | 3.25yrs | €82.50k | 0.00050% € 23.6k | |
| Employee Representative Director | 0.25yr | no data | no data |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Board: RXL's board of directors are considered experienced (3.9 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
Rexel S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rexel S.A.
- Ticker: RXL
- Exchange: ENXTPA
- Founded: 1967
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: €4.719b
- Shares outstanding: 303.26m
- Website: https://www.rexel.com
Number of Employees
Location
- Rexel S.A.
- 13 Boulevard du Fort de Vaux
- CS 60002
- Paris
- Ile-de-France
- 75838
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RXL | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jun 2000 |
| 0KBZ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jun 2000 |
| RXLS.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2000 |
| E7V | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2000 |
| RXLP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jun 2000 |
| RXEE.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Sep 2012 |
Biography
Rexel S.A., together with its subsidiaries, engages in the distribution of low and ultra-low voltage electrical products for professional customers in Europe, the United States, Canada, China, Australia, a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 19:41 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.