ENXTPA:FNTS

Stock Analysis Report

Finatis Société Anonyme

Executive Summary

Finatis Société Anonyme engages in food retail and distribution activities in France and internationally.

Risk Analysis

Earnings have declined by -29.13% per year over past 5 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Dividend of 6.76% is not well covered by earnings

Latest financial reports are more than 6 months old

+ 1 more risk


Snowflake Analysis

Second-rate dividend payer with imperfect balance sheet.

Share Price & News

How has Finatis Société Anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.7%

FNTS

3.6%

FR Consumer Retailing

0.4%

FR Market


1 Year Return

-25.6%

FNTS

-12.4%

FR Consumer Retailing

16.7%

FR Market

Return vs Industry: FNTS underperformed the French Consumer Retailing industry which returned -14.1% over the past year.

Return vs Market: FNTS underperformed the French Market which returned 17% over the past year.


Shareholder returns

FNTSIndustryMarket
7 Day-0.7%3.6%0.4%
30 Day1.4%6.9%-0.5%
90 Day-0.7%1.2%3.6%
1 Year-19.4%-25.6%-9.2%-12.4%20.8%16.7%
3 Year-33.6%-43.4%-21.2%-30.2%43.2%29.7%
5 Year-52.4%-62.0%-38.4%-49.6%54.8%32.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Finatis Société Anonyme undervalued compared to its fair value and its price relative to the market?

1.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FNTS (€29.6) is trading above our estimate of fair value (€16.47)

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


Price To Earnings Ratio

PE vs Industry: FNTS is unprofitable, so we can't compare its PE Ratio to the Consumer Retailing industry average.

PE vs Market: FNTS is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FNTS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FNTS is overvalued based on its PB Ratio (1.4x) compared to the FR Consumer Retailing industry average (0.7x).


Next Steps

Future Growth

How is Finatis Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.7%

Forecasted Consumer Retailing industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Finatis Société Anonyme has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Finatis Société Anonyme performed over the past 5 years?

-29.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FNTS is currently unprofitable.

Growing Profit Margin: FNTS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FNTS is unprofitable, and losses have increased over the past 5 years at a rate of -29.1% per year.

Accelerating Growth: Unable to compare FNTS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FNTS is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (-0.7%).


Return on Equity

High ROE: FNTS has a negative Return on Equity (-1.81%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Finatis Société Anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: FNTS's short term assets (€11.7B) do not cover its short term liabilities (€16.9B).

Long Term Liabilities: FNTS's short term assets (€11.7B) do not cover its long term liabilities (€12.2B).


Debt to Equity History and Analysis

Debt Level: FNTS's debt to equity ratio (152.4%) is considered high.

Reducing Debt: FNTS's debt to equity ratio has increased from 113.5% to 152.4% over the past 5 years.


Balance Sheet

Inventory Level: FNTS has a high level of physical assets or inventory.

Debt Coverage by Assets: FNTS's debt is not covered by short term assets (assets are 0.9x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FNTS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FNTS has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of -19.5% each year.


Next Steps

Dividend

What is Finatis Société Anonyme's current dividend yield, its reliability and sustainability?

6.76%

Current Dividend Yield


Dividend Yield vs Market

company6.8%marketbottom25%1.5%markettop25%4.4%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: FNTS's dividend (6.76%) is higher than the bottom 25% of dividend payers in the French market (1.52%).

High Dividend: FNTS's dividend (6.76%) is in the top 25% of dividend payers in the French market (4.49%)


Stability and Growth of Payments

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

Growing Dividend: FNTS's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: FNTS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

8.8yrs

Average board tenure


CEO

Didier Lévêque (58yo)

€20,245

Compensation

Mr. Didier Lévêque has been the Chairman and Chief Executive Officer of Finatis SA. since 2010 and 2008 respectively. He has been Director at Finatis Société Anonyme since June 06, 2008. Mr. Leveque serves ...


CEO Compensation Analysis

Compensation vs Market: Didier's total compensation ($USD21.90K) is below average for companies of similar size in the French market ($USD401.17K).

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


Board Members

NamePositionTenureCompensationOwnership
Didier Lévêque
Chairman & CEO0yrs€20.25kno data
Jacques Dumas
Director8.8yrs€1.06mno data
Alain Deloz
Independent Director9.8yrs€20.00kno data
Odile Muracciole
Director3.8yrs€584.80kno data
Virginie Grin
Director8.8yrs€381.00kno data

8.8yrs

Average Tenure

59yo

Average Age

Experienced Board: FNTS's board of directors are considered experienced (8.8 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 been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

Finatis Société Anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Finatis Société Anonyme
  • Ticker: FNTS
  • Exchange: ENXTPA
  • Founded:
  • Industry: Hypermarkets and Super Centers
  • Sector: Consumer Retailing
  • Market Cap: €167.809m
  • Shares outstanding: 5.63m
  • Website: https://www.finatis.fr

Number of Employees


Location

  • Finatis Société Anonyme
  • 83, rue du Faubourg Saint-Honore
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNTSENXTPA (Euronext Paris)YesCommon SharesFREURJan 1992
0F3TLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
FNTSPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992

Biography

Finatis Société Anonyme engages in food retail and distribution activities in France and internationally. It also operates supermarkets and discount stores; distributes sports equipment under the Go Sport brand; and invests in real estate properties, as well as manages a portfolio of private equity investments. The company is based in Paris, France. Finatis Société Anonyme is a subsidiary of Euris SAS. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 20:38
End of Day Share Price2020/02/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.