ENXTPA:CEN

Stock Analysis Report

Executive Summary

Groupe CRIT SA provides temporary employment and recruitment services to the small and medium-sized businesses and industries in France, the United States, Spain, Africa, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.7%

CEN

1.6%

FR Professional Services

-0.4%

FR Market


1 Year Return

4.6%

CEN

16.4%

FR Professional Services

9.5%

FR Market

Return vs Industry: CEN underperformed the French Professional Services industry which returned 16.4% over the past year.

Return vs Market: CEN underperformed the French Market which returned 9.5% over the past year.


Shareholder returns

CENIndustryMarket
7 Day-0.7%1.6%-0.4%
30 Day5.9%-0.2%0.06%
90 Day10.3%4.8%0.04%
1 Year6.3%4.6%18.6%16.4%13.3%9.5%
3 Year29.5%20.1%60.4%50.9%42.5%28.7%
5 Year81.0%65.5%116.7%93.3%71.0%45.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Groupe CRIT undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CEN (€66.2) is trading below our estimate of fair value (€154.73)

Significantly Undervalued: CEN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CEN is good value based on its PE Ratio (8.8x) compared to the Professional Services industry average (17x).

PE vs Market: CEN is good value based on its PE Ratio (8.8x) compared to the French market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: CEN is poor value based on its PEG Ratio (3.3x)


Price to Book Ratio

PB vs Industry: CEN is good value based on its PB Ratio (1.3x) compared to the FR Professional Services industry average (1.4x).


Next Steps

Future Growth

How is Groupe CRIT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEN's forecast earnings growth (2.7% per year) is above the savings rate (0.7%).

Earnings vs Market: CEN's earnings (2.7% per year) are forecast to grow slower than the French market (11.5% per year).

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

Revenue vs Market: CEN's revenue (2.2% per year) is forecast to grow slower than the French market (4.4% per year).

High Growth Revenue: CEN's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: CEN's Return on Equity is forecast to be low in 3 years time (12%).


Next Steps

Past Performance

How has Groupe CRIT performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CEN's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: CEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CEN had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Professional Services industry average (5.5%).


Return on Equity

High ROE: CEN's Return on Equity (14.4%) is considered low.


Return on Assets

ROA vs Industry: CEN has a higher Return on Assets than the Professional Services industry average last year.


Return on Capital Employed

ROCE Improving: CEN's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Groupe CRIT's financial position?


Financial Position Analysis

Short Term Liabilities: CEN's short term assets (€715.0M) exceeds its short term liabilities (€602.3M)

Long Term Liabilities: CEN's short term assets (715.0M) exceeds its long term liabilities (134.4M)


Debt to Equity History and Analysis

Debt Level: CEN's debt to equity ratio (14%) is considered satisfactory

Reducing Debt: CEN's debt to equity ratio has reduced from 44.2% to 14% over the past 5 years.

Debt Coverage: CEN's debt is well covered by operating cash flow (191.1%).

Interest Coverage: CEN's interest payments on its debt are well covered by EBIT (78.6x coverage).


Balance Sheet

Inventory Level: CEN has a low level of unsold assets or inventory.

Debt Coverage by Assets: CEN's debt is covered by short term assets (assets are 8.890840x debt).


Next Steps

Dividend

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

1.51%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%1.6%markettop25%4.7%industryaverage1.7%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CEN's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.56%).

High Dividend: CEN's dividend (1.51%) is low compared to the top 25% of dividend payers in the French market (4.72%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.3%), CEN's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CEN's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).


Next Steps

Management

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

35.3yrs

Average board tenure


CEO

Claude Guedj 0

0yrs

Tenure

€240,000

Compensation

Mr. Claude Guedj serves as Chief Executive Officer of Groupe CRIT SA. Mr. Guedj serves as Chief Executive Officer of CRIT INTERIM S.A. (Switzerland); Managing Director of Engineering Conception Maintenance ...


CEO Compensation Analysis

Compensation vs. Market: Claude's total compensation ($USD267.35K) is about average for companies of similar size in the French market ($USD673.45K).

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


Board Age and Tenure

35.3yrs

Average Tenure

Experienced Board: CEN's board of directors are seasoned and experienced ( 35.3 years average tenure).


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


Management Team

  • Jean-Pierre Lemonnier (60yo)

    Director of Human Resources

    • Tenure: 0yrs
  • Karine Guedj

    Executive VP & Director

    • Tenure: 35.3yrs
    • Compensation: €183.06k
  • Nathalie Jaoui

    Executive VP

    • Tenure: 26.9yrs
    • Compensation: €303.42k
  • Claude Guedj

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €240.00k
  • Renaud Lejeune

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Yvonne Guedj

    Director

    • Tenure: 50.3yrs
  • Karine Guedj

    Executive VP & Director

    • Tenure: 35.3yrs
    • Compensation: €183.06k
  • Nathalie Jaoui

    Executive VP

    • Tenure: 26.9yrs
    • Compensation: €303.42k
  • Claude Guedj

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €240.00k

Company Information

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


Key Information

  • Name: Groupe CRIT SA
  • Ticker: CEN
  • Exchange: ENXTPA
  • Founded: 1962
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: €734.649m
  • Shares outstanding: 11.10m
  • Website: https://www.groupe-crit.com

Number of Employees


Location

  • Groupe CRIT SA
  • 92-98 Boulevard Victor Hugo
  • Clichy
  • Ile-de-France
  • 92110
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CENENXTPA (Euronext Paris)YesOrdinary SharesFREURMar 1999
0DZJLSE (London Stock Exchange)YesOrdinary SharesGBEURMar 1999
CENPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMar 1999
CT2BST (Boerse-Stuttgart)YesOrdinary SharesDEEURMar 1999

Biography

Groupe CRIT SA provides temporary employment and recruitment services to the small and medium-sized businesses and industries in France, the United States, Spain, Africa, and internationally. It operates t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 20:47
End of Day Share Price2019/10/18 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.