Elis
Elis SA provides linen and work wear rental, laundry, and hygiene and well-being services in France, the United Kingdom, Ireland, Central Europe, Scandinavia, Eastern Europe, Southern Europe, and Latin America. The last earnings update was 102 days ago. More info.
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ELIS Share Price and Events
7 Day Returns
1 Year Returns
ELIS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Elis (ELIS) | -0.1% | 1.2% | 4.4% | -21.7% | -6.3% | - |
| FR Commercial Services | -0.9% | -5.3% | -4.4% | -19.6% | -17.2% | -16.2% |
| FR Market | -0.1% | -1.3% | -0.3% | -2.5% | 34% | 27.3% |
1 Year Return vs Industry and Market
- ELIS underperformed the Commercial Services industry which returned -19.6% over the past year.
- ELIS underperformed the Market in France which returned -2.5% over the past year.
Value
Is Elis 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
Elis
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Elis.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 10 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.1% |
| 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.
| 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 | 0.69 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 33%) (104.98%)) |
1.112 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.11 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.112 * 6.65%) |
8.13% |
Discounted Cash Flow Calculation for ENXTPA:ELIS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Elis 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.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 8.13%) |
|
|---|---|---|---|
| 2019 | 172.90 | Analyst x5 | 159.91 |
| 2020 | 274.52 | Analyst x5 | 234.81 |
| 2021 | 301.03 | Analyst x4 | 238.13 |
| 2022 | 488.00 | Analyst x1 | 357.02 |
| 2023 | 505.00 | Analyst x1 | 341.69 |
| 2024 | 518.22 | Est @ 2.62% | 324.28 |
| 2025 | 528.86 | Est @ 2.05% | 306.07 |
| 2026 | 537.62 | Est @ 1.66% | 287.75 |
| 2027 | 545.04 | Est @ 1.38% | 269.80 |
| 2028 | 551.50 | Est @ 1.19% | 252.48 |
| Present value of next 10 years cash flows | €2,771.93 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €551.50 × (1 + 0.73%) ÷ (8.13% – 0.73%) |
€7,513.99 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €7,513.99 ÷ (1 + 8.13%)10 |
€3,439.94 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €2,771.93 + €3,439.94 |
€6,211.87 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €6,211.87 / 220.17 |
€28.21 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €28.21 |
| Current discount | Discount to share price of
€15.44
= -1 x (€15.44 - €28.21) / €28.21 |
45.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Elis's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Elis'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 Elis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Elis's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €0.38 |
| ENXTPA:ELIS Share Price ** | ENXTPA (2019-06-17) in EUR | €15.44 |
| France Commercial Services Industry PE Ratio | Median Figure of 12 Publicly-Listed Commercial Services Companies | 18.22x |
| France Market PE Ratio | Median Figure of 423 Publicly-Listed Companies | 17.6x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Elis.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ENXTPA:ELIS Share Price ÷ EPS (both in EUR) = 15.44 ÷ 0.38 |
40.61x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Elis is overvalued based on earnings compared to the FR Commercial Services industry average.
- Elis is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does
Elis's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 40.61x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
26.4%per year |
| France Commercial Services Industry PEG Ratio | Median Figure of 9 Publicly-Listed Commercial Services Companies | 1.27x |
| France Market PEG Ratio | Median Figure of 268 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 40.61x ÷ 26.4% |
1.54x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Elis is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Elis's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €13.07 |
| ENXTPA:ELIS Share Price * | ENXTPA (2019-06-17) in EUR | €15.44 |
| France Commercial Services Industry PB Ratio | Median Figure of 16 Publicly-Listed Commercial Services Companies | 1.17x |
| France Market PB Ratio | Median Figure of 623 Publicly-Listed Companies | 1.46x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ENXTPA:ELIS Share Price ÷ Book Value per Share (both in EUR) = 15.44 ÷ 13.07 |
1.18x |
* Primary Listing of Elis.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Elis is overvalued based on assets compared to the FR Commercial Services industry average.
Value checks
We assess Elis's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check) Elis 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.
Future Performance
How is Elis expected to perform in the next 1 to 3 years based on estimates from 10 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!
Earnings growth vs Low Risk Savings
- Elis's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
- Elis's earnings growth is expected to exceed the France market average.
- Elis's revenue growth is positive but not above the France market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ENXTPA:ELIS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 26.4% |
| ENXTPA:ELIS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 3.3% |
| France Commercial Services Industry Earnings Growth Rate | Market Cap Weighted Average | 14.9% |
| 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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1,049 | |||
| 2022-12-31 | 3,591 | 1,025 | 1 | |
| 2021-12-31 | 3,471 | 1,018 | 210 | 8 |
| 2020-12-31 | 3,382 | 946 | 192 | 10 |
| 2019-12-31 | 3,287 | 894 | 160 | 10 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 3,133 | 853 | 83 |
| 2018-06-30 | 2,903 | 610 | 76 |
| 2018-03-31 | 2,559 | 515 | 71 |
| 2017-12-31 | 2,194 | 422 | 42 |
| 2017-09-30 | 1,922 | 421 | 77 |
| 2017-06-30 | 1,628 | 423 | 89 |
| 2017-03-31 | 1,571 | 424 | 91 |
| 2016-12-31 | 1,513 | 425 | 93 |
| 2016-09-30 | 1,488 | 409 | 69 |
| 2016-06-30 | 1,463 | 393 | 46 |
| 2016-03-31 | 1,439 | 344 | -6 |
*GAAP earnings excluding extraordinary items.
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 10 Analyst Estimates (S&P Global) | See Below |
All data from Elis Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 1.00 | 1.15 | 0.76 | 6.00 |
| 2020-12-31 | 0.94 | 1.27 | 0.72 | 8.00 |
| 2019-12-31 | 0.73 | 0.88 | 0.61 | 7.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.38 |
| 2018-06-30 | 0.37 |
| 2018-03-31 | 0.39 |
| 2017-12-31 | 0.26 |
| 2017-09-30 | 0.54 |
| 2017-06-30 | 0.71 |
| 2017-03-31 | 0.76 |
| 2016-12-31 | 0.82 |
| 2016-09-30 | 0.61 |
| 2016-06-30 | 0.40 |
| 2016-03-31 | -0.06 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Elis's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Elis 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.
Past Performance
How has Elis 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
Past Earnings growth analysis
- Elis has delivered over 20% year on year earnings growth in the past 5 years.
- Elis's 1-year earnings growth exceeds its 5-year average (97.6% vs 59.8%)
- Elis's earnings growth has exceeded the FR Commercial Services industry average in the past year (97.6% vs 4.7%).
Earnings and Revenue History
All data from Elis Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 3,133.30 | 83.40 | 527.00 | |
| 2018-06-30 | 2,903.00 | 76.10 | 482.90 | |
| 2018-03-31 | 2,558.95 | 71.15 | 420.50 | |
| 2017-12-31 | 2,193.60 | 42.20 | 357.00 | |
| 2017-09-30 | 1,921.65 | 77.01 | 313.34 | |
| 2017-06-30 | 1,628.37 | 88.58 | 268.63 | |
| 2017-03-31 | 1,570.58 | 90.79 | 259.41 | |
| 2016-12-31 | 1,512.80 | 93.00 | 250.20 | |
| 2016-09-30 | 1,488.03 | 69.28 | 242.62 | |
| 2016-06-30 | 1,463.26 | 45.56 | 235.05 | |
| 2016-03-31 | 1,439.34 | -6.32 | 230.61 | |
| 2015-12-31 | 1,415.42 | -58.19 | 226.17 | |
| 2015-09-30 | 1,379.79 | -78.75 | 229.80 | |
| 2015-06-30 | 1,369.10 | -82.99 | 226.78 | |
| 2015-03-31 | 1,350.04 | -52.86 | 222.40 | |
| 2014-12-31 | 1,330.98 | -22.73 | 218.01 | |
| 2014-09-30 | 1,303.22 | -52.23 | 213.93 | |
| 2014-06-30 | 1,269.69 | -53.51 | 210.70 | |
| 2014-03-31 | 1,247.56 | -48.92 | 210.52 | |
| 2013-12-31 | 1,225.42 | -44.33 | 210.33 | |
| 2012-12-31 | 1,185.23 | -46.45 | 207.06 |
*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.
- Elis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Elis used its assets less efficiently than the FR Commercial Services industry average last year based on Return on Assets.
- Elis's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Elis's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Elis has a total score of 3/6, 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.
Health
How is Elis'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 Elis's finances.
The net worth of a company is the difference between its assets and liabilities.
- Elis's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Elis's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.3x 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.
All data from Elis Company Filings, last reported 5 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,868.20 | 3,568.60 | 197.00 |
| 2018-06-30 | 2,852.70 | 3,798.20 | 382.70 |
| 2018-03-31 | 2,852.70 | 3,798.20 | 382.70 |
| 2017-12-31 | 2,923.10 | 3,709.70 | 416.40 |
| 2017-09-30 | 2,955.00 | 3,709.70 | 416.40 |
| 2017-06-30 | 1,376.58 | 1,863.83 | 56.98 |
| 2017-03-31 | 1,376.58 | 1,863.83 | 56.98 |
| 2016-12-31 | 1,150.80 | 1,792.50 | 169.00 |
| 2016-09-30 | 1,150.80 | 1,792.50 | 169.00 |
| 2016-06-30 | 1,058.80 | 1,670.35 | 136.30 |
| 2016-03-31 | 1,058.80 | 1,670.35 | 136.30 |
| 2015-12-31 | 1,053.89 | 1,522.16 | 56.72 |
| 2015-09-30 | 1,053.89 | 1,522.16 | 56.72 |
| 2015-06-30 | 1,074.78 | 1,527.20 | 102.77 |
| 2015-03-31 | 1,074.78 | 1,527.20 | 102.77 |
| 2014-12-31 | 368.15 | 2,097.40 | 59.26 |
| 2014-09-30 | 383.20 | 2,277.60 | 61.80 |
| 2014-06-30 | 380.90 | 2,055.33 | 61.63 |
| 2014-03-31 | 380.90 | 2,055.33 | 61.63 |
| 2013-12-31 | 347.43 | 2,044.44 | 49.45 |
| 2012-12-31 | -39.75 | 2,462.16 | 55.15 |
- Elis's level of debt (124.4%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (587.9% vs 124.4% today).
- Debt is well covered by operating cash flow (23.9%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Elis's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Elis has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
Dividends
What is Elis'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
If you bought
€2,000 of
Elis
shares you are expected to receive
€48
in your first year as a dividend.
Dividend Amount
- Elis's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.54%).
- Elis's dividend is below the markets top 25% of dividend payers in France (4.41%).
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.
| 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 10 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 | 3.1% |
| France Minimum Threshold Dividend Yield | 10th Percentile | 0.9% |
| France Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| 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.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.49 | 1.00 |
| 2022-12-31 | 0.49 | 2.00 |
| 2021-12-31 | 0.43 | 7.00 |
| 2020-12-31 | 0.43 | 10.00 |
| 2019-12-31 | 0.40 | 10.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-05-23 | 0.370 | 2.440 |
| 2018-05-18 | 0.370 | 2.220 |
| 2017-04-07 | 0.370 | 1.779 |
| 2017-03-23 | 0.370 | 2.018 |
| 2016-03-10 | 0.350 | 2.177 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Elis has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Elis only paid a dividend in the past 3 years.
Income/ dividend checks
We assess Elis's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Elis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Elis has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | €3,440,920 |
| AGE | 47 |
CEO Bio
Mr. Xavier Martiré serves as the Chairman of the Management Board and Chief Executive Officer at Elis SA since September 5, 2014. He began his career at SNCF in 1997 as TGV (high-speed train) maintenance workshop foreman. He joined the Elis Group in 1999 as a Profi t Center Director and subsequently held positions as Regional Manager and Deputy CEO in charge of business in France, before being appointed Chairman of the Company in 2008. He holds degrees from École polytechnique and École nationale des ponts et chaussées. Other offices and positions held within the group: — Chairman and Chief Executive Offi cer of Elis Services SA — Chairman and Chief Executive Offi cer of M.A.J. SA — Director of Pierette – TBA SA — Director of Compañía Navarra de Servicios Integrales SL — President of Elis Luxembourg SA (Luxembourg) — Director of Elis Manomatic SA (Spain) — Director of Lavalia Balears Servicios y Renting Textil SA (Spain) — Director of Elis Italia SpA (Italy) — Director of SPAST SA (Portugal) — Director of Gafi des SA (Portugal) — Chairman of the Supervisory Board of Atmosfera Gestão e Higienização de Têxteis S.A. (contractual) (Brazil) — Director of Albia SA (Chile) — Director of Servicios Hospitalarios SA (Chile) — Director of Wäscherei Mariano AG (Switzerland) — Director of Compaña Navarra de Servicios Integrales SL (registered in Spain) — Director of Berendsen Plc — Director of Berendsen A/S — Director of Lavanderia Hotelera Del Mediterraneo SA (Spain). Offices and positions having ended in the past five years: — President of Quasarélis SAS — President of Novalis SAS — Director of Blanchatel SA (Switzerland) — Director of Wäscherei Papritz AG (Switzerland) — Director of Grosswäscherei Domeisen AG (Switzerland) — Director of Lavalia Sur Servicios y Renting Textil SA (Spain).
CEO Compensation
- Xavier's compensation has been consistent with company performance over the past year, both up more than 20%.
- Xavier's remuneration is higher than average for companies of similar size in France.
Management Team
Xavier Martiré
Chairman of the Management Board & CEO
€3M
47
Louis Guyot
CFO, Administrative & Financial Director & Member of the Management Board
€1M
46
Matthieu Lecharny
COO & Member of the Management Board
€763K
49
Nicolas Buron
Investor Relations Director
Caroline Roche
Marketing & Innovation Director
45
3.2 yrs
Didier Lachaud
Human Resources and CSR Director
59
9.4 yrs
Erik Verstappen
COO of Nordic Region & Deputy CEO In charge of Operations
59
Andreas Schneider
Deputy CEO In Charge of Operations & COO of Germany
51
Alain Bonin
Chief Operating Officer for Group’s Operations in French Region & Switzerland
54
Frédéric Deletombe
Engineering
46
Board of Directors Tenure
Average tenure and age of the Elis board of directors in years:
- The tenure for the Elis board of directors is about average.
Board of Directors
Thierry Morin
Chairman of the Supervisory Board
€68K
66
4.3 yrs
Marc Frappier
Vice Chairman of the Supervisory Board
€51K
45
Florence Noblot
Independent Member of the Supervisory Board
€48K
55
4.8 yrs
Philippe Jean Delleur
Independent Member of the Supervisory Board
€44K
60
4 yrs
Magali Chesse
Member of the Supervisory Board
€51K
44
3 yrs
Anne-Laure Commault
Member of the Supervisory Board
€24K
44
2.1 yrs
Joy Verle
Member of the Supervisory Board
39
1.3 yrs
Antoine Burel
Independent Member of the Supervisory Board
56
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Elis's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Elis 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.
News
Simply Wall St News
Despite Its High P/E Ratio, Is Elis SA (EPA:ELIS) Still Undervalued?
See our latest analysis for Elis How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Elis: P/E of 39.85 = €15.15 ÷ €0.38 (Based on the year to December 2018.) Is A High Price-to-Earnings Ratio Good? … ENXTPA:ELIS Price Estimation Relative to Market, June 5th 2019 Its relatively high P/E ratio indicates that Elis shareholders think it will perform better than other companies in its industry classification.
Simply Wall St - – Full articleShould You Be Concerned About Elis SA's (EPA:ELIS) ROE?
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Elis: 2.9% = €83m ÷ €2.9b (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … In the latter case, the debt used for growth will improve returns, but won't affect the total equity. … Combining Elis's Debt And Its 2.9% Return On Equity Elis clearly uses a significant amount of debt to boost returns, as it has a debt to equity ratio of 1.24.
Simply Wall St - – Full articleIs There An Opportunity With Elis SA's (EPA:ELIS) 44% Undervaluation?
In this article we are going to estimate the intrinsic value of Elis SA (EPA:ELIS) by estimating the company's future cash flows and discounting them to their present value. … Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (€, Millions) €172.87 €277.28 €301.03 €488.00 €505.00 €518.22 €528.86 €537.62 €545.04 €551.50 Growth Rate Estimate Source Analyst x5 Analyst x6 Analyst x4 Analyst x1 Analyst x1 Est @ 2.62% Est @ 2.05% Est @ 1.66% Est @ 1.38% Est @ 1.19% Present Value (€, Millions) Discounted @ 8.42% €159.45 €235.90 €236.22 €353.21 €337.14 €319.11 €300.38 €281.65 €263.37 €245.80 Present Value of 10-year Cash Flow (PVCF)= €2.73b "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … ENXTPA:ELIS Intrinsic value, May 17th 2019 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.
Simply Wall St - – Full articleShould You Think About Buying Elis SA (EPA:ELIS) Now?
saw a double-digit share price rise of over 10% in the past couple of months on the ENXTPA. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, could the stock still be trading at a relatively cheap price
Simply Wall St - – Full articleHere’s why Elis SA’s (EPA:ELIS) Returns On Capital Matters So Much
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleElis SA (EPA:ELIS): Time For A Financial Health Check
However, an important fact which most ignore is: how financially healthy is the business? … Assessing first and foremost the financial health is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.
Simply Wall St - – Full articleDoes Market Volatility Impact Elis SA's (EPA:ELIS) Share Price?
If you're interested in Elis SA (EPA:ELIS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Simply Wall St - – Full articleWhat Kind Of Investor Owns Most Of Elis SA (EPA:ELIS)?
Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Companies of this size are usually well known to retail investors, too.
Simply Wall St - – Full articleWhat Do Analysts Think About Elis SA's (EPA:ELIS) Future?
Elis SA's (EPA:ELIS) latest earnings update in December 2018a … signalled … business
Simply Wall St - – Full articleHow Does Elis SA (EPA:ELIS) Fare As A Dividend Stock?
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Elis SA (EPA:ELIS) has recently paid dividends to shareholders, and currently yields 2.7%. … Let's dig deeper into whether Elis should have a place in your portfolio.
Simply Wall St - – Full articleCompany Info
Description
Elis SA provides linen and work wear rental, laundry, and hygiene and well-being services in France, the United Kingdom, Ireland, Central Europe, Scandinavia, Eastern Europe, Southern Europe, and Latin America. The company offers work uniforms for the hospitality, healthcare, ultra-clean, beauty, industry, agrifood, and other sectors; automatic clothing dispenser systems; and linens for hospitality and healthcare sectors. It also provides washroom hygiene services, such as hand washing and wiping, toilet paper dispensers, air purification, washroom hygiene, and feminine hygiene. In addition, the company offers infectious medical waste management services primarily for the healthcare sector; equipment for reception areas; floor protection services, such as mat rental and maintenance; beverage dispensers; and pest control services. It primarily serves the hospitality, industry, trade and services, and healthcare sectors. Elis SA was founded in 1883 and is headquartered in Saint-Cloud, France.
Details
| Name: | Elis SA |
| ELIS | |
| Exchange: | ENXTPA |
| Founded: | 1883 |
| €3,399,356,354 | |
| 220,165,567 | |
| Website: | http://www.corporate-elis.com |
| Address: |
Elis SA 5 Boulevard Louis Loucheur, Saint-Cloud, Ile-de-France, 92210, France |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ENXTPA | ELIS | Common Stock | Euronext Paris | FR | EUR | 11. Feb 2015 | |
| OTCPK | ELSS.F | Common Stock | Pink Sheets LLC | US | USD | 11. Feb 2015 | |
| LSE | 0RA8 | Common Stock | London Stock Exchange | GB | EUR | 11. Feb 2015 | |
| BMV | ELIS N | Common Stock | Bolsa Mexicana de Valores | MX | MXN | 11. Feb 2015 | |
| BATS-CHIXE | ELISP | Common Stock | BATS 'Chi-X Europe' | GB | EUR | 11. Feb 2015 |
Number of employees
Current staff
Industry
| Diversified Support Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/17 22:10 |
| End of day share price update: | 2019/06/17 00:00 |
| Last estimates confirmation: | 2019/06/09 |
| Last earnings filing: | 2019/03/07 |
| 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.
