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Elis

ENXTPA:ELIS
Snowflake Description

Acceptable track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ELIS
ENXTPA
€4B
Market Cap
  1. Home
  2. FR
  3. Commercial Services
Company 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 last earnings update was 132 days ago. More info.


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ELIS Share Price and Events
7 Day Returns
0.4%
ENXTPA:ELIS
0.4%
FR Commercial Services
0.7%
FR Market
1 Year Returns
-12.7%
ENXTPA:ELIS
-11.8%
FR Commercial Services
3.3%
FR Market
ELIS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Elis (ELIS) 0.4% 6.4% 4.7% -12.7% 5.4% -
FR Commercial Services 0.4% 4.5% -4% -11.8% -16% -15.6%
FR Market 0.7% 4.3% 0.8% 3.3% 35.8% 37.9%
1 Year Return vs Industry and Market
  • ELIS matched the Commercial Services industry (-11.8%) over the past year.
  • ELIS underperformed the Market in France which returned 3.3% over the past year.
Price Volatility
ELIS
Industry
5yr Volatility vs Market

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Elis.

ENXTPA:ELIS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.9%
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:ELIS
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 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.67 (1 + (1- 33%) (98.43%))
1.074
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.074 * 6.65%)
7.88%

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.

ENXTPA:ELIS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.88%)
2020 274.95 Analyst x5 254.87
2021 301.02 Analyst x4 258.66
2022 409.50 Analyst x2 326.18
2023 421.50 Analyst x2 311.22
2024 430.95 Est @ 2.24% 294.96
2025 438.67 Est @ 1.79% 278.32
2026 445.13 Est @ 1.47% 261.79
2027 450.70 Est @ 1.25% 245.71
2028 455.63 Est @ 1.1% 230.26
2029 460.13 Est @ 0.99% 215.55
Present value of next 10 years cash flows €2,677.52
ENXTPA:ELIS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €460.13 × (1 + 0.73%) ÷ (7.88% – 0.73%)
€6,487.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €6,487.11 ÷ (1 + 7.88%)10
€3,038.94
ENXTPA:ELIS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,677.52 + €3,038.94
€5,716.47
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €5,716.47 / 220.66
€25.91
ENXTPA:ELIS Discount to Share Price
Calculation Result
Value per share (EUR) From above. €25.91
Current discount Discount to share price of €16.43
= -1 x (€16.43 - €25.91) / €25.91
36.6%

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

Current Discount
Amount off the current price Elis is available for.
Intrinsic value
37%
Share price is €16.43 vs Future cash flow value of €25.91
Current Discount Checks
For Elis to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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, but not 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?
Raw Data
ENXTPA:ELIS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.38
ENXTPA:ELIS Share Price ** ENXTPA (2019-07-17) in EUR €16.43
France Commercial Services Industry PE Ratio Median Figure of 12 Publicly-Listed Commercial Services Companies 17.18x
France Market PE Ratio Median Figure of 415 Publicly-Listed Companies 17.51x

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

** Primary Listing of Elis.

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

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

= 16.43 ÷ 0.38

43.22x

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?
Raw Data
ENXTPA:ELIS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 43.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
23.2%per year
France Commercial Services Industry PEG Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 1.18x
France Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 43.22x ÷ 23.2%

1.86x

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?
Raw Data
ENXTPA:ELIS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €13.07
ENXTPA:ELIS Share Price * ENXTPA (2019-07-17) in EUR €16.43
France Commercial Services Industry PB Ratio Median Figure of 15 Publicly-Listed Commercial Services Companies 1.26x
France Market PB Ratio Median Figure of 613 Publicly-Listed Companies 1.49x
ENXTPA:ELIS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 16.43 ÷ 13.07

1.26x

* Primary Listing of Elis.

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

  • Elis is good value based on assets compared to the FR Commercial Services industry average.
X
Value checks
We assess Elis'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. 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 11 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
23.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Elis expected to grow at an attractive rate?
  • 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
Raw Data
ENXTPA:ELIS Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ELIS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 23.2%
ENXTPA:ELIS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 3.2%
France Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
France Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
France Market Earnings Growth Rate Market Cap Weighted Average 12.7%
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:ELIS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ELIS Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,014
2022-12-31 3,541 992 262 2
2021-12-31 3,473 997 211 10
2020-12-31 3,384 932 193 11
2019-12-31 3,285 889 161 11
ENXTPA:ELIS Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Elis's earnings are expected to grow significantly at over 20% yearly.
  • Elis's revenue is expected to grow by 3.2% 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:ELIS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Elis Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ELIS Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 1.19 1.19 1.19 1.00
2021-12-31 0.96 1.15 0.78 8.00
2020-12-31 0.87 1.01 0.73 9.00
2019-12-31 0.72 0.88 0.60 9.00
ENXTPA:ELIS Past Financials Data
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.

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.
  • Elis is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Elis'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.
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
Below we compare Elis'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.
  • 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
Elis'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 Elis Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ELIS 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 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).
X
Past performance checks
We assess Elis'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.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Elis'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.
  • 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.
Raw Data

All data from Elis Company Filings, last reported 6 months ago.

ENXTPA:ELIS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,868.20 3,545.80 197.00
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 3,697.30 416.40
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).
X
Financial health checks
We assess Elis'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. Elis has a total score of 2/6, 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.

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
Dividend payments
2.25%
Current annual income from Elis dividends. Estimated to be 2.58% next year.
If you bought €2,000 of Elis shares you are expected to receive €45 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?
  • Elis's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.51%).
  • 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.
Raw Data
ENXTPA:ELIS 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 11 Analyst Estimates (S&P Global) See Below
France Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.5%
France Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3%
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.

ENXTPA:ELIS Future Dividends Estimate Data
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 9.00
2020-12-31 0.43 11.00
2019-12-31 0.40 11.00
ENXTPA:ELIS Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-23 0.370 2.353
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.
Current Payout to shareholders
What portion of Elis's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Elis has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess Elis'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 Elis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 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

 What is the CEO of Elis'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
Xavier Martiré
COMPENSATION €3,440,920
AGE 48
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 lower than average for companies of similar size in France.
Management Team

Xavier Martiré

TITLE
Chairman of the Management Board & CEO
COMPENSATION
€3M
AGE
48

Louis Guyot

TITLE
CFO, Administrative & Financial Director & Member of the Management Board
COMPENSATION
€1M
AGE
47

Matthieu Lecharny

TITLE
COO & Member of the Management Board
COMPENSATION
€763K
AGE
50

Nicolas Buron

TITLE
Investor Relations Director

Caroline Roche

TITLE
Marketing & Innovation Director
AGE
46
TENURE
3.3 yrs

Didier Lachaud

TITLE
Human Resources and CSR Director
AGE
60
TENURE
9.5 yrs

Erik Verstappen

TITLE
COO of Nordic Region & Deputy CEO In charge of Operations
AGE
60

Andreas Schneider

TITLE
Deputy CEO In Charge of Operations & COO of Germany
AGE
52

Alain Bonin

TITLE
Chief Operating Officer for Group’s Operations in French Region & Switzerland
AGE
55

Frédéric Deletombe

TITLE
Engineering
AGE
47
Board of Directors Tenure

Average tenure and age of the Elis board of directors in years:

3.1
Average Tenure
51
Average Age
  • The tenure for the Elis board of directors is about average.
Board of Directors

Thierry Morin

TITLE
Chairman of the Supervisory Board
COMPENSATION
€68K
AGE
67
TENURE
4.4 yrs

Marc Frappier

TITLE
Vice Chairman of the Supervisory Board
COMPENSATION
€51K
AGE
46

Florence Noblot

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€48K
AGE
56
TENURE
4.8 yrs

Philippe Jean Delleur

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€44K
AGE
61
TENURE
4.1 yrs

Magali Chessé

TITLE
Member of the Supervisory Board
COMPENSATION
€51K
AGE
45
TENURE
3.1 yrs

Anne-Laure Commault

TITLE
Member of the Supervisory Board
COMPENSATION
€24K
AGE
45
TENURE
2.2 yrs

Joy Verle

TITLE
Member of the Supervisory Board
AGE
40
TENURE
1.3 yrs

Antoine Burel

TITLE
Independent Member of the Supervisory Board
AGE
57
TENURE
0.4 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 Elis'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. 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

What Kind Of Shareholders Own Elis SA (EPA:ELIS)?

Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … Private Company Ownership Our data indicates that Private Companies hold 12%, of the company's shares. … Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Simply Wall St -

Is Elis SA's (EPA:ELIS) CEO Overpaid Relative To Its Peers?

View our latest analysis for Elis How Does Xavier Martiré's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Xavier Martiré receives more in total compensation than the median of a group of companies in the same market, and of similar size to Elis SA. … We compared the total CEO remuneration paid by Elis SA, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

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 -

Should 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 -

Is 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 -

Should 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 -

Here’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 -

Elis 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 -

Does 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 -

What 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 -

Company 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
€3,625,509,536
220,664,001
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
Staff numbers
47,779
Elis employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 22:02
End of day share price update: 2019/07/17 00:00
Last estimates confirmation: 2019/07/17
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.