ENXTPA:TEP

Stock Analysis Report

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Executive Summary

Teleperformance SE, together with its subsidiaries, provides outsourced omnichannel customer experience management services worldwide. More Details


Snowflake Analysis

Average dividend payer with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TEP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.1%

TEP

2.8%

FR Professional Services

0.4%

FR Market


1 Year Return

37.9%

TEP

8.9%

FR Professional Services

-6.0%

FR Market

Return vs Industry: TEP exceeded the French Professional Services industry which returned 6.4% over the past year.

Return vs Market: TEP exceeded the French Market which returned -8.5% over the past year.


Shareholder returns

TEPIndustryMarket
7 Day4.1%2.8%0.4%
30 Day2.0%2.0%-1.8%
90 Day16.4%8.7%-3.2%
1 Year39.4%37.9%9.6%8.9%-3.9%-6.0%
3 Year112.3%104.6%28.3%22.5%4.1%-5.0%
5 Year320.4%294.2%91.6%75.1%34.4%14.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

48.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TEP (€263.6) is trading above our estimate of fair value (€152.05)

Significantly Below Fair Value: TEP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TEP is poor value based on its PE Ratio (48.6x) compared to the FR Professional Services industry average (17.9x).

PE vs Market: TEP is poor value based on its PE Ratio (48.6x) compared to the French market (17x).


Price to Earnings Growth Ratio

PEG Ratio: TEP is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: TEP is overvalued based on its PB Ratio (6.5x) compared to the FR Professional Services industry average (1.3x).


Next Steps

Future Growth

How is Teleperformance forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TEP's forecast earnings growth (17.6% per year) is above the savings rate (0.6%).

Earnings vs Market: TEP's earnings (17.6% per year) are forecast to grow slower than the French market (24.6% per year).

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

Revenue vs Market: TEP's revenue (6.8% per year) is forecast to grow faster than the French market (6.7% per year).

High Growth Revenue: TEP's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TEP's Return on Equity is forecast to be low in 3 years time (18.7%).


Next Steps

Past Performance

How has Teleperformance performed over the past 5 years?

14.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TEP has high quality earnings.

Growing Profit Margin: TEP's current net profit margins (5.8%) are lower than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: TEP's earnings have grown by 14.8% per year over the past 5 years.

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

Earnings vs Industry: TEP had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Professional Services industry average (-28.7%).


Return on Equity

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


Next Steps

Financial Health

How is Teleperformance's financial position?


Financial Position Analysis

Short Term Liabilities: TEP's short term assets (€2.2B) exceed its short term liabilities (€1.6B).

Long Term Liabilities: TEP's short term assets (€2.2B) do not cover its long term liabilities (€2.9B).


Debt to Equity History and Analysis

Debt Level: TEP's debt to equity ratio (106.5%) is considered high.

Reducing Debt: TEP's debt to equity ratio has increased from 40.3% to 106.5% over the past 5 years.

Debt Coverage: TEP's debt is well covered by operating cash flow (34.3%).

Interest Coverage: TEP's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Teleperformance current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TEP's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.54%).

High Dividend: TEP's dividend (0.91%) is low compared to the top 25% of dividend payers in the French market (5.22%).


Stability and Growth of Payments

Stable Dividend: TEP's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.3%), TEP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TEP's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Daniel Julien (68 yo)

no data

Tenure

€13,226,736

Compensation

Mr. Daniel Julien serves as Chief Executive Officer of Teleperformance Group Inc. Mr. Julien serves as Chief Executive Officer of Teleperformance Group at Hispanic Teleservices Corporation. Mr. Julien serv ...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD15.53M) is above average for companies of similar size in the French market ($USD3.97M).

Compensation vs Earnings: Daniel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Julien
Executive Chairman & Global CEOno data€13.23m1.96%
€ 303.2m
Olivier Rigaudy
Deputy CEO & Group CFO10.5yrs€4.41mno data
Leigh Ryan
Chief Legal Officer & Director4.42yrs€1.27m0.034%
€ 5.3m
Jeffrey Balagna
Chief Operating Officer0.67yrno datano data
Agustin Grisanti
Chief Operating Officer0.67yrno datano data
Dev Mudaliar
Group Chief Information Officerno datano datano data
Alan Winters
Global Chief Administrative Officerno datano datano data
Quy Nguyen-Ngoc
Investor Relations Director8yrsno datano data
Virginie Heuz
Communications Directorno datano datano data
Ana Mesquita
Chief Global Marketing Officerno datano datano data
Yannis Tourcomanis
President of the Continental Europe2.92yrsno datano data
Charles Klotz
Chief Financial Officer of Americas & Asia Pacificno datano datano data

3.7yrs

Average Tenure

64yo

Average Age

Experienced Management: TEP's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Julien
Executive Chairman & Global CEOno data€13.23m1.96%
€ 303.2m
Leigh Ryan
Chief Legal Officer & Director4.42yrs€1.27m0.034%
€ 5.3m
Jacques Berrebi
Chairman Emeritus8.67yrsno datano data
Jean-Claude Guez
Non-Independent Director9.33yrs€92.71k0.0017%
€ 263.2k
Philippe Dominati
Non-Independent Director9.33yrs€130.21k0.0017%
€ 263.2k
Emily Abrera
Independent Director7.83yrs€92.21k0.0017%
€ 263.2k
Patrick Thomas
Lead Independent Director2.5yrs€104.21k0.00085%
€ 131.6k
Bernard Canetti
Non-Independent Director9.33yrs€81.71k0.0017%
€ 263.2k
Robert Paszczak
Independent Director9.33yrs€99.71k0.0017%
€ 267.8k
Stephen Winningham
Independent Director9.33yrs€95.71k0.0017%
€ 263.2k
Alain Boulet
Independent Director9.33yrs€102.71k0.0010%
€ 157.9k
Jacques Laurent
Non-Executive Chairman of Teleperformance Canada6.75yrsno datano data

9.3yrs

Average Tenure

71yo

Average Age

Experienced Board: TEP's board of directors are considered experienced (9.3 years average tenure).


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

Teleperformance SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Teleperformance SE
  • Ticker: TEP
  • Exchange: ENXTPA
  • Founded: 1910
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: €15.481b
  • Shares outstanding: 58.73m
  • Website: https://www.teleperformance.com

Number of Employees


Location

  • Teleperformance SE
  • 21/25 rue Balzac
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEPENXTPA (Euronext Paris)YesCommon SharesFREURJan 1992
RCFDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
0J6XLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
TLPF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992
TEPPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
TEPWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1992
TEP NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNJan 1992
RFCETLX (Eurotlx)YesCommon SharesITEURJan 1992
TLPF.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDDec 2008

Biography

Teleperformance SE, together with its subsidiaries, provides outsourced omnichannel customer experience management services worldwide. The company provides automation solutions that incorporate natural lan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 22:36
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.