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GPE

Groupe Pizzorno Environnement ENXTPA:GPE Stock Report

Last Price

€40.20

Market Cap

€155.2m

7D

-5.9%

1Y

71.8%

Updated

08 Aug, 2022

Data

Company Financials +
GPE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

GPE Stock Overview

Groupe Pizzorno Environnement provides environmental services primarily in France.

Groupe Pizzorno Environnement Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Groupe Pizzorno Environnement
Historical stock prices
Current Share Price€40.20
52 Week High€52.00
52 Week Low€22.20
Beta0.69
1 Month Change-17.62%
3 Month Change-11.06%
1 Year Change71.80%
3 Year Change169.80%
5 Year Change48.34%
Change since IPO35.13%

Recent News & Updates

Shareholder Returns

GPEFR Commercial ServicesFR Market
7D-5.9%0.9%0.8%
1Y71.8%0.9%-5.9%

Return vs Industry: GPE exceeded the French Commercial Services industry which returned 1.7% over the past year.

Return vs Market: GPE exceeded the French Market which returned -6.7% over the past year.

Price Volatility

Is GPE's price volatile compared to industry and market?
GPE volatility
GPE Average Weekly Movement6.8%
Commercial Services Industry Average Movement5.3%
Market Average Movement5.0%
10% most volatile stocks in FR Market9.0%
10% least volatile stocks in FR Market2.9%

Stable Share Price: GPE is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GPE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of French stocks.

About the Company

FoundedEmployeesCEOWebsite
19742,252Frederic Devallehttps://www.pizzorno.com

Groupe Pizzorno Environnement provides environmental services primarily in France. It engages in the collection, transport, storage, and treatment of household waste and other urban waste, industrial waste, sludge, and bottom ash, as well as sorting and recovery of household waste and other urban residues. The company also provides cleaning and sanitation services for communities and individuals.

Groupe Pizzorno Environnement Fundamentals Summary

How do Groupe Pizzorno Environnement's earnings and revenue compare to its market cap?
GPE fundamental statistics
Market Cap€155.24m
Earnings (TTM)€9.45m
Revenue (TTM)€208.28m

16.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GPE income statement (TTM)
Revenue€208.28m
Cost of Revenue€120.59m
Gross Profit€87.69m
Other Expenses€78.23m
Earnings€9.45m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.45
Gross Margin42.10%
Net Profit Margin4.54%
Debt/Equity Ratio86.5%

How did GPE perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

41%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GPE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GPE?

Other financial metrics that can be useful for relative valuation.

GPE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA4.2x
PEG Ratio3.9x

Price to Earnings Ratio vs Peers

How does GPE's PE Ratio compare to its peers?

GPE PE Ratio vs Peers
The above table shows the PE ratio for GPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.5x
AURE Aurea
8.1xn/a€91.1m
SCHP Séché Environnement
22.8x20.3%€647.7m
DBG Derichebourg
4.5x-1.6%€972.3m
CTRG Catering International & Services Société Anonyme
14.5x10.7%€73.8m
GPE Groupe Pizzorno Environnement
16.4x4.2%€155.2m

Price-To-Earnings vs Peers: GPE is expensive based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (12.5x).


Price to Earnings Ratio vs Industry

How does GPE's PE Ratio compare vs other companies in the European Commercial Services Industry?

Price-To-Earnings vs Industry: GPE is good value based on its Price-To-Earnings Ratio (16.4x) compared to the French Commercial Services industry average (16.5x)


Price to Earnings Ratio vs Fair Ratio

What is GPE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ratio12.7x

Price-To-Earnings vs Fair Ratio: GPE is expensive based on its Price-To-Earnings Ratio (16.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.7x).


Share Price vs Fair Value

What is the Fair Price of GPE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GPE (€40.2) is trading below our estimate of fair value (€66.63)

Significantly Below Fair Value: GPE is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Groupe Pizzorno Environnement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPE's forecast earnings growth (4.2% per year) is above the savings rate (0.3%).

Earnings vs Market: GPE's earnings (4.2% per year) are forecast to grow slower than the French market (11.5% per year).

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

Revenue vs Market: GPE's revenue (6.4% per year) is forecast to grow faster than the French market (5.3% per year).

High Growth Revenue: GPE's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GPE's Return on Equity is forecast to be low in 3 years time (11.7%).


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Past Performance

How has Groupe Pizzorno Environnement performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GPE has high quality earnings.

Growing Profit Margin: GPE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GPE's earnings have declined by 28.4% per year over the past 5 years.

Accelerating Growth: GPE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GPE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (21.5%).


Return on Equity

High ROE: GPE's Return on Equity (13.4%) is considered low.


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Financial Health

How is Groupe Pizzorno Environnement's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GPE's short term assets (€137.7M) exceed its short term liabilities (€104.8M).

Long Term Liabilities: GPE's short term assets (€137.7M) exceed its long term liabilities (€95.9M).


Debt to Equity History and Analysis

Debt Level: GPE's net debt to equity ratio (12.2%) is considered satisfactory.

Reducing Debt: GPE's debt to equity ratio has reduced from 147.5% to 86.5% over the past 5 years.

Debt Coverage: GPE's debt is well covered by operating cash flow (90.4%).

Interest Coverage: GPE's interest payments on its debt are well covered by EBIT (27.2x coverage).


Balance Sheet


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Dividend

What is Groupe Pizzorno Environnement current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.49%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GPE's dividend (2.49%) is higher than the bottom 25% of dividend payers in the French market (1.68%).

High Dividend: GPE's dividend (2.49%) is low compared to the top 25% of dividend payers in the French market (5.27%).


Stability and Growth of Payments

Stable Dividend: GPE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GPE's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.9%), GPE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.5%), GPE's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

€189k

CEO Compensation


CEO

Frederic Devalle

7.25yrs

Tenure

€188,882

Compensation

Mr. Frederic Devalle has been Chief Executive Officer of Groupe Pizzorno Environnement since May 13, 2015. Mr. Devalle served as Managing Director of Groupe Pizzorno Environnement since May 13, 2015 and se...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Frederic's total compensation is reasonable compared to companies of similar size in the French market.

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


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Groupe Pizzorno Environnement's employee growth, exchange listings and data sources


Key Information

  • Name: Groupe Pizzorno Environnement
  • Ticker: GPE
  • Exchange: ENXTPA
  • Founded: 1974
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Implied Market Cap: €155.242m
  • Shares outstanding: 3.86m
  • Website: https://www.pizzorno.com

Number of Employees


Location

  • Groupe Pizzorno Environnement
  • 109, rue Jean Aicard
  • Draguignan
  • Provence-Alpes-Côte d'Azur
  • 83300
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.