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Catering International & Services Société Anonyme

ENXTPA:CTRG
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTRG
ENXTPA
€102M
Market Cap
  1. Home
  2. FR
  3. Commercial Services
Company description

Catering International & Services Société Anonyme and its subsidiaries provide catering, accommodation, and facilities management services for oil and gas, mining, construction, civil engineering, and armed forces sectors. The last earnings update was 60 days ago. More info.


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CTRG Share Price and Events
7 Day Returns
0%
ENXTPA:CTRG
0.8%
FR Commercial Services
1.9%
FR Market
1 Year Returns
-29.9%
ENXTPA:CTRG
-18.2%
FR Commercial Services
3.8%
FR Market
CTRG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Catering International & Services Société Anonyme (CTRG) 0% 7.9% 9.7% -29.9% -5.3% -37.6%
FR Commercial Services 0.8% -2% -0.1% -18.2% -13.7% -17.7%
FR Market 1.9% 3.4% 3.8% 3.8% 44.3% 34%
1 Year Return vs Industry and Market
  • CTRG underperformed the Commercial Services industry which returned -18.2% over the past year.
  • CTRG underperformed the Market in France which returned 3.8% over the past year.
Price Volatility
CTRG
Industry
5yr Volatility vs Market
Related Companies

CTRG Value

 Is Catering International & Services Société Anonyme undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Catering International & Services Société Anonyme to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Catering International & Services Société Anonyme.

ENXTPA:CTRG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:CTRG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.684 (1 + (1- 33%) (17.49%))
0.842
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (0.842 * 6.65%)
6.33%

Discounted Cash Flow Calculation for ENXTPA:CTRG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Catering International & Services Société Anonyme is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:CTRG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.33%)
2019 5.75 Analyst x2 5.41
2020 6.25 Analyst x2 5.53
2021 8.80 Analyst x1 7.32
2022 10.18 Est @ 15.68% 7.96
2023 11.32 Est @ 11.2% 8.33
2024 12.23 Est @ 8.06% 8.46
2025 12.95 Est @ 5.86% 8.43
2026 13.51 Est @ 4.32% 8.27
2027 13.95 Est @ 3.25% 8.03
2028 14.29 Est @ 2.49% 7.74
Present value of next 10 years cash flows €75.47
ENXTPA:CTRG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €14.29 × (1 + 0.73%) ÷ (6.33% – 0.73%)
€257.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €257.25 ÷ (1 + 6.33%)10
€139.25
ENXTPA:CTRG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €75.47 + €139.25
€214.72
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €214.72 / 7.85
€27.35
ENXTPA:CTRG Discount to Share Price
Calculation Result
Value per share (EUR) From above. €27.35
Current discount Discount to share price of €13.00
= -1 x (€13.00 - €27.35) / €27.35
52.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Catering International & Services Société Anonyme is available for.
Intrinsic value
>50%
Share price is €13 vs Future cash flow value of €27.35
Current Discount Checks
For Catering International & Services Société Anonyme to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Catering International & Services Société Anonyme's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Catering International & Services Société Anonyme's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Catering International & Services Société Anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Catering International & Services Société Anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:CTRG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.61
ENXTPA:CTRG Share Price ** ENXTPA (2019-06-25) in EUR €13
France Commercial Services Industry PE Ratio Median Figure of 12 Publicly-Listed Commercial Services Companies 17.34x
France Market PE Ratio Median Figure of 421 Publicly-Listed Companies 17.9x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Catering International & Services Société Anonyme.

ENXTPA:CTRG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:CTRG Share Price ÷ EPS (both in EUR)

= 13 ÷ 0.61

21.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Catering International & Services Société Anonyme is overvalued based on earnings compared to the FR Commercial Services industry average.
  • Catering International & Services Société Anonyme is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Catering International & Services Société Anonyme's expected growth come at a high price?
Raw Data
ENXTPA:CTRG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
19.2%per year
France Commercial Services Industry PEG Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 1.22x
France Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

ENXTPA:CTRG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.39x ÷ 19.2%

1.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Catering International & Services Société Anonyme is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Catering International & Services Société Anonyme's assets?
Raw Data
ENXTPA:CTRG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €7.18
ENXTPA:CTRG Share Price * ENXTPA (2019-06-25) in EUR €13
France Commercial Services Industry PB Ratio Median Figure of 16 Publicly-Listed Commercial Services Companies 1.18x
France Market PB Ratio Median Figure of 622 Publicly-Listed Companies 1.45x
ENXTPA:CTRG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:CTRG Share Price ÷ Book Value per Share (both in EUR)

= 13 ÷ 7.18

1.81x

* Primary Listing of Catering International & Services Société Anonyme.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Catering International & Services Société Anonyme is overvalued based on assets compared to the FR Commercial Services industry average.
X
Value checks
We assess Catering International & Services Société Anonyme's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Catering International & Services Société Anonyme has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CTRG Future Performance

 How is Catering International & Services Société Anonyme expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Catering International & Services Société Anonyme expected to grow at an attractive rate?
  • Catering International & Services Société Anonyme's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Catering International & Services Société Anonyme's earnings growth is expected to exceed the France market average.
  • Catering International & Services Société Anonyme's revenue growth is expected to exceed the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:CTRG Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:CTRG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 19.2%
ENXTPA:CTRG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 8.5%
France Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15%
France Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
France Market Earnings Growth Rate Market Cap Weighted Average 12.8%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:CTRG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:CTRG Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 292 13 9 1
2020-12-31 263 10 8 2
2019-12-31 243 9 6 2
ENXTPA:CTRG Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 224 7 5
2018-09-30 231 10 5
2018-06-30 237 13 5
2018-03-31 244 13 5
2017-12-31 251 14 4
2017-09-30 254 13 4
2017-06-30 257 12 4
2017-03-31 254 8 3
2016-12-31 250 4 2
2016-09-30 250 6 2
2016-06-30 250 8 2
2016-03-31 261 7 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Catering International & Services Société Anonyme's earnings are expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).
  • Catering International & Services Société Anonyme's revenue is expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:CTRG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Catering International & Services Société Anonyme Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:CTRG Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.08 1.08 1.08 1.00
2020-12-31 0.99 1.09 0.89 2.00
2019-12-31 0.79 0.84 0.73 2.00
ENXTPA:CTRG Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.61
2018-09-30 0.61
2018-06-30 0.61
2018-03-31 0.57
2017-12-31 0.54
2017-09-30 0.49
2017-06-30 0.44
2017-03-31 0.36
2016-12-31 0.28
2016-09-30 0.29
2016-06-30 0.29
2016-03-31 0.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Catering International & Services Société Anonyme is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Catering International & Services Société Anonyme's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Catering International & Services Société Anonyme has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CTRG Past Performance

  How has Catering International & Services Société Anonyme performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Catering International & Services Société Anonyme's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Catering International & Services Société Anonyme's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Catering International & Services Société Anonyme's 1-year earnings growth exceeds its 5-year average (13.3% vs -11.2%)
  • Catering International & Services Société Anonyme's earnings growth has exceeded the FR Commercial Services industry average in the past year (13.3% vs 4.7%).
Earnings and Revenue History
Catering International & Services Société Anonyme's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Catering International & Services Société Anonyme Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:CTRG Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 224.16 4.89 33.11
2018-09-30 230.75 4.88 33.07
2018-06-30 237.33 4.88 33.03
2018-03-31 244.34 4.60 32.44
2017-12-31 251.36 4.32 31.84
2017-09-30 254.42 3.94 30.80
2017-06-30 257.49 3.56 29.76
2017-03-31 253.52 2.92 28.75
2016-12-31 249.55 2.28 27.73
2016-09-30 249.87 2.32 28.34
2016-06-30 250.19 2.36 28.96
2016-03-31 261.08 3.75 30.00
2015-12-31 271.97 5.14 31.04
2015-09-30 283.23 6.38 32.28
2015-06-30 294.48 7.63 33.53
2015-03-31 289.58 7.77 33.74
2014-12-31 284.68 7.92 33.95
2014-09-30 278.94 6.43 32.77
2014-06-30 273.20 4.94 31.59
2014-03-31 282.28 5.51 31.64
2013-12-31 291.37 6.08 31.70
2013-09-30 300.45 7.97 32.87
2013-06-30 309.54 9.87 34.05
2013-03-31 312.57 9.86 34.36
2012-12-31 315.60 9.85 34.67
2012-09-30 307.26 9.94 33.28
2012-06-30 298.92 10.03 31.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Catering International & Services Société Anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Catering International & Services Société Anonyme used its assets more efficiently than the FR Commercial Services industry average last year based on Return on Assets.
  • Catering International & Services Société Anonyme has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Catering International & Services Société Anonyme's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Catering International & Services Société Anonyme has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CTRG Health

 How is Catering International & Services Société Anonyme's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Catering International & Services Société Anonyme's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Catering International & Services Société Anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Catering International & Services Société Anonyme's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Catering International & Services Société Anonyme's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 6.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Catering International & Services Société Anonyme Company Filings, last reported 5 months ago.

ENXTPA:CTRG Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 59.38 17.85 49.22
2018-09-30 59.38 17.85 49.22
2018-06-30 57.30 17.90 47.17
2018-03-31 57.30 17.90 47.17
2017-12-31 56.82 16.38 45.16
2017-09-30 56.82 16.38 45.16
2017-06-30 63.29 16.73 43.44
2017-03-31 63.29 16.73 43.44
2016-12-31 66.26 14.79 42.45
2016-09-30 66.26 14.79 42.45
2016-06-30 61.05 15.27 35.77
2016-03-31 61.05 15.27 35.77
2015-12-31 64.88 14.54 45.46
2015-09-30 64.88 14.54 45.46
2015-06-30 68.07 17.00 42.44
2015-03-31 68.07 17.00 42.44
2014-12-31 67.54 14.94 49.95
2014-09-30 67.54 14.94 49.95
2014-06-30 63.86 14.18 34.61
2014-03-31 63.86 14.18 34.61
2013-12-31 60.58 10.84 38.24
2013-09-30 60.58 10.84 38.24
2013-06-30 62.50 7.34 32.65
2013-03-31 62.50 7.34 32.65
2012-12-31 58.95 2.40 40.44
2012-09-30 58.95 2.40 40.44
2012-06-30 54.76 2.95 31.40
  • Catering International & Services Société Anonyme's level of debt (30.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (17.9% vs 30.1% today).
  • Debt is well covered by operating cash flow (39.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 34.3x coverage).
X
Financial health checks
We assess Catering International & Services Société Anonyme's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Catering International & Services Société Anonyme has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CTRG Dividends

 What is Catering International & Services Société Anonyme's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.92%
Current annual income from Catering International & Services Société Anonyme dividends. Estimated to be 1.37% next year.
If you bought €2,000 of Catering International & Services Société Anonyme shares you are expected to receive €18 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Catering International & Services Société Anonyme's pays a lower dividend yield than the bottom 25% of dividend payers in France (1.56%).
  • Catering International & Services Société Anonyme's dividend is below the markets top 25% of dividend payers in France (4.43%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:CTRG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
France Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.6%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:CTRG Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.21 1.00
2020-12-31 0.19 2.00
2019-12-31 0.15 2.00
ENXTPA:CTRG Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-26 0.120 0.964
2019-04-17 0.120 1.058
2018-04-17 0.110 0.835
2018-04-11 0.110 0.589
2017-04-25 0.060 0.328
2017-04-21 0.060 0.339
2016-06-06 0.120 0.789
2016-04-15 0.120 0.847
2015-04-07 0.180 1.111
2014-04-25 0.130 0.667
2014-04-24 0.130 0.693
2013-04-26 0.275 1.257
2012-04-27 0.275 1.140
2011-04-29 0.275 1.439
2011-04-27 0.275 1.590
2010-04-30 0.250 1.644
2010-04-28 0.250 1.700

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Catering International & Services Société Anonyme is not paying a notable dividend for France, therefore no need to check if the payments are stable.
  • Catering International & Services Société Anonyme is not paying a notable dividend for France, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Catering International & Services Société Anonyme's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Catering International & Services Société Anonyme's dividends as it is not paying a notable one for France.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.1x coverage).
X
Income/ dividend checks
We assess Catering International & Services Société Anonyme's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Catering International & Services Société Anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Catering International & Services Société Anonyme has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CTRG Management

 What is the CEO of Catering International & Services Société Anonyme's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Régis Arnoux
COMPENSATION €366,000
CEO Bio

Mr. Régis Arnoux Founded Catering International & Services SA in 1992 and serves as its Chairman and Chief Executive Officer. Mr. Arnoux served as Managing Director of Catering International & Services SA.

CEO Compensation
  • Régis's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Régis's remuneration is higher than average for companies of similar size in France.
Management Team

Régis Arnoux

TITLE
Founder
COMPENSATION
€366K

Frédérique Salamon

TITLE
Advisor to the Chairman & Director
COMPENSATION
€59K

Florence Arnoux

TITLE
Key Accounts Manager & Director
COMPENSATION
€180K
AGE
55

Franck Briesach

TITLE
Chief Financial Officer

Etienne Nida

TITLE
Chief Accountant

Adeline Benichou

TITLE
Group Legal Manager
TENURE
1.4 yrs

Natacha Cartagena

TITLE
Communication VP

Stéphane Caille

TITLE
Director of Human Resources

Julien Salas

TITLE
Deputy Managing Director

Jeremy de Brabant

TITLE
Deputy Chief Executive Officer
COMPENSATION
€356K
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the Catering International & Services Société Anonyme board of directors in years:

7
Average Tenure
64.5
Average Age
  • The tenure for the Catering International & Services Société Anonyme board of directors is about average.
Board of Directors

Régis Arnoux

TITLE
Founder
COMPENSATION
€366K

Sophie Le de Rancourt

TITLE
Independent Director
COMPENSATION
€20K
TENURE
2.5 yrs

Henri de Bodinat

TITLE
Independent Director
COMPENSATION
€15K
AGE
69
TENURE
2.5 yrs

Frédérique Salamon

TITLE
Advisor to the Chairman & Director
COMPENSATION
€59K
TENURE
27.3 yrs

Monique Arnoux

TITLE
Director
COMPENSATION
€30K
TENURE
27.3 yrs

Florence Arnoux

TITLE
Key Accounts Manager & Director
COMPENSATION
€180K
AGE
55
TENURE
9 yrs

Frédéric Bedin

TITLE
Independent Director
COMPENSATION
€15K
TENURE
8.1 yrs

Pierre-François Forissier

TITLE
Independent Director
COMPENSATION
€20K
TENURE
7 yrs

Gonzague de Blignières

TITLE
Independent Director
COMPENSATION
€15K
AGE
62
TENURE
5 yrs

Charle Justin Darricarrere

TITLE
Independent Director
COMPENSATION
€15K
AGE
67
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Catering International & Services Société Anonyme's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Catering International & Services Société Anonyme has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CTRG News

Simply Wall St News

Is Catering International & Services Société Anonyme (EPA:CTRG) Undervalued After Accounting For Its Future Growth?

As the legendary value investor Ben Graham once said, “Price is what you pay, value is what you get.” Catering International & Services Société Anonyme is trading at price-to-earnings (PE) ratio of 21.39x, which tells us the stock is overvalued based on current earnings compared to the Commercial Services industry average of 17.96x , and overvalued compared to the FR market average ratio of 17.61x. … However, to be able to properly assess the value of a high-growth stock such as Catering International & Services Société Anonyme, we must incorporate its earnings growth in our valuation. … This means that, when we account for Catering International & Services Société Anonyme's growth, the stock can be viewed as slightly overvalued , based on fundamental analysis.

Simply Wall St -

What Should You Know About The Future Of Catering International & Services Société Anonyme's (EPA:CTRG)?

Looking at Catering International & Services Société Anonyme's (EPA:CTRG) earnings update in December 2018, the consensus outlook from analysts appear fairly confident, with earnings expected to grow by 28% in the upcoming year compared with the past 5-year average growth rate of -11%. … Check out our latest analysis for Catering International & Services Société Anonyme How is Catering International & Services Société Anonyme going to perform in the near future? … For Catering International & Services Société Anonyme, I've compiled three fundamental aspects you should look at: Financial Health: Does it have a healthy balance sheet?

Simply Wall St -

Should Catering International & Services Société Anonyme (EPA:CTRG) Be Part Of Your Dividend Portfolio?

Is Catering International & Services Société Anonyme (EPA:CTRG) a good dividend stock? How would you know? Dividend paying companies with growing earnings can be highly rewarding in the long term. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. Investors might not know much about Catering International & Services Société Anonyme's dividend prospects, even though it has been paying dividends for the last nine years and offers a 1.0% yield. A low yield is generally a turn-off, but if the prospects for earnings growth were strong, investors might be pleasantly surprised by the long-term results. The company also bought back stock equivalent to around 1.0% of market capitalisation this year. Some simple analysis can reduce the risk of holding Catering International & Services Société Anonyme for its dividend, and we'll focus on the most important aspects below. Explore this interactive chart for our latest analysis on Catering International & Services Société Anonyme! ENXTPA:CTRG Historical Dividend Yield, June 3rd 2019 Payout ratios Dividends are usually paid out of company earnings. If a company is paying more than it earns, then the dividend might become unsustainable - hardly an ideal situation. As a result, we should always investigate whether a company can afford its dividend, measured as a percentage of a company's net income after tax. In the last year, Catering International & Services Société Anonyme paid out 20% of its profit as dividends. Given the low payout ratio, it is hard to envision the dividend coming under threat, barring a catastrophe. Another important check we do is to see if the free cash flow generated is sufficient to pay the dividend. Catering International & Services Société Anonyme's cash payout ratio last year was 20%. Cash flows are typically lumpy, but this looks like an appropriately conservative payout. It's positive to see that Catering International & Services Société Anonyme's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. While the above analysis focuses on dividends relative to a company's earnings, we do note Catering International & Services Société Anonyme's strong net cash position, which will let it pay larger dividends for a time, should it choose. Remember, you can always get a snapshot of Catering International & Services Société Anonyme's latest financial position, by checking our visualisation of its financial health. Dividend Volatility Before buying a stock for its income, we want to see if the dividends have been stable in the past, and if the company has a track record of maintaining its dividend. The first recorded dividend for Catering International & Services Société Anonyme, in the last decade, was nine years ago. It's good to see that Catering International & Services Société Anonyme has been paying a dividend for a number of years. However, the dividend has been cut at least once in the past, and we're concerned that what has been cut once, could be cut again. During the past nine-year period, the first annual payment was €0.25 in 2010, compared to €0.12 last year. This works out to be a decline of approximately 7.8% per year over that time. Catering International & Services Société Anonyme's dividend hasn't shrunk linearly at 7.8% per annum, but the CAGR is a useful estimate of the historical rate of change. A shrinking dividend over a nine-year period is not ideal, and we'd be concerned about investing in a dividend stock that lacks a solid record of growing dividends per share. Dividend Growth Potential With a relatively unstable dividend, and a poor history of shrinking dividends, it's even more important to see if EPS are growing. In the last five years, Catering International & Services Société Anonyme's earnings per share have shrunk at approximately 4.3% per annum. Declining earnings per share over a number of years is not a great sign for the dividend investor. Without some improvement, this does not bode well for the long term value of a company's dividend. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing. … Earnings per share are down, and Catering International & Services Société Anonyme's dividend has been cut at least once in the past, which is disappointing. … In sum, we find it hard to get excited about Catering International & Services Société Anonyme from a dividend perspective.

Simply Wall St -

How Does Catering International & Services Société Anonyme's (EPA:CTRG) Earnings Growth Stack Up Against Industry Performance?

Examining Catering International & Services Société Anonyme's (EPA:CTRG) past track record of performance is a useful exercise for investors. … View our latest analysis for Catering International & Services Société Anonyme Commentary On CTRG's Past Performance CTRG's trailing twelve-month earnings (from 31 December 2018) of €4.9m has jumped 13% compared to the previous year. … You should continue to research Catering International & Services Société Anonyme to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for CTRG’s future growth?

Simply Wall St -

What Should We Expect From Catering International & Services Société Anonyme's (EPA:CTRG) Earnings In The Years Ahead?

The latest earnings release Catering International & Services Société Anonyme's (EPA:CTRG) announced in December 2018 indicated that the business benefited from a strong tailwind, leading to a double-digit earnings growth of 13%. … Below, I've laid out key growth figures on how market analysts perceive Catering International & Services Société Anonyme's earnings growth trajectory over the next few years and whether the future looks even brighter than the past. … View our latest analysis for Catering International & Services Société Anonyme Analysts' expectations for next year seems buoyant, with earnings increasing by a robust 28%.

Simply Wall St -

Are Investors Undervaluing Catering International & Services Société Anonyme (EPA:CTRG) By 41%?

How far off is Catering International & Services Société Anonyme (EPA:CTRG) from its intrinsic value? … by estimating the company's future cash flows and discounting them to their present value. … We generally believe that a company's value is the present value of all of the cash it will generate in the future.

Simply Wall St -

What You Must Know About Catering International & Services Société Anonyme's (EPA:CTRG) Beta Value

In finance, Beta is a measure of volatility. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

Simply Wall St -

How Should Investors Feel About Catering International & Services Société Anonyme's (EPA:CTRG) CEO Pay?

Régis Arnoux is the CEO of Catering International & Services Société Anonyme (EPA:CTRG). … View our latest analysis for Catering International & Services Société Anonyme? … Our data indicates that Catering International & Services Société Anonyme is worth €84m, and total annual CEO compensation is €366k.

Simply Wall St -

If You Had Bought Catering International & Services Société Anonyme (EPA:CTRG) Stock Five Years Ago, You'd Be Sitting On A 33% Loss, Today

Catering International & Services Société Anonyme (EPA:CTRG) shareholders will doubtless be very grateful to see the share price up 31% in the last quarter. … Check out our latest analysis for Catering International & Services Société Anonyme. … Looking back five years, both Catering International & Services Société Anonyme's share price and EPS declined; the latter at a rate of 13% per year.

Simply Wall St -

Does The Hype Around Catering International & Services Société Anonyme's (EPA:CTRG) Growth Justify Its March Share Price?

Catering International & Services Société Anonyme (EPA:CTRG) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of €11.15 is based on unrealistic expectations. … See our latest analysis for Catering International & Services Société Anonyme? … Investors in Catering International & Services Société Anonyme have been patiently waiting for the uptick in earnings.

Simply Wall St -

CTRG Company Info

Description

Catering International & Services Société Anonyme and its subsidiaries provide catering, accommodation, and facilities management services for oil and gas, mining, construction, civil engineering, and armed forces sectors. The company offers sourcing and logistics services; and reception, accommodation management, laundry, cleaning and housekeeping, and concierge services. It also engages in cleaning; design, engineering, and construction; water treatment; shipchandling and procurement; fleet management; skilled personnel recruitment; personnel transport; recreational and leisure; waste management; landscaping; and pest control activities, as well as the provision of access control, maintenance, and fire safety services. In addition, the company offers SystemONE, a combined integrated digital solution that enhances the daily management of sites and well-being of residents. It has operations in Africa, the Middle-East, Commonwealth of Independent States, the Americas, Asia, and Oceania. Catering International & Services Société Anonyme was founded in 1992 is headquartered in Marseille, France.

Details
Name: Catering International & Services Société Anonyme
CTRG
Exchange: ENXTPA
Founded: 1992
€102,047,335
7,849,795
Website: http://www.cis-integratedservices.com/fr
Address: Catering International & Services Société Anonyme
40 c, avenue de Hambourg,
BP 184,
Marseille,
Provence-Alpes-Côte d'Azur, 13268,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA CTRG Ordinary Shares Euronext Paris FR EUR 03. Jul 1998
LSE 0J6U Ordinary Shares London Stock Exchange GB EUR 03. Jul 1998
BATS-CHIXE CTRGP Ordinary Shares BATS 'Chi-X Europe' GB EUR 03. Jul 1998
Number of employees
Current staff
Staff numbers
10,000
Catering International & Services Société Anonyme employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 20:47
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/05/09
Last earnings filing: 2019/04/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.