Market Cap
€337.6m
Last Updated
2020/05/25 20:40 UTC
Data Sources
Company Financials +
Executive Summary
Rallye SA, together with its subsidiaries, engages in the food, non-food e-commerce, and sporting goods retailing activities in France and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with questionable track record.
Share Price & News
How has Rallye's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-11.4%
RAL
1.7%
FR Consumer Retailing
-24.4%
FR Market
1 Year Return
108.0%
RAL
-15.3%
FR Consumer Retailing
-14.3%
FR Market
Return vs Industry: RAL exceeded the French Consumer Retailing industry which returned -15.3% over the past year.
Return vs Market: RAL exceeded the French Market which returned -14.4% over the past year.
Shareholder returns
| RAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.4% | 1.7% | -24.4% |
| 30 Day | -17.6% | -3.7% | -26.1% |
| 90 Day | -17.8% | -14.7% | -21.6% |
| 1 Year | 108.0%108.0% | -13.2%-15.3% | -12.4%-14.3% |
| 3 Year | -59.2%-66.5% | -37.5%-44.1% | -2.9%-11.1% |
| 5 Year | -67.7%-77.8% | -49.9%-58.3% | 12.5%-2.1% |
Price Volatility Vs. Market
How volatile is Rallye's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
These 4 Measures Indicate That Rallye (EPA:RAL) Is Using Debt Extensively1 month ago | Simply Wall St
Those Who Purchased Rallye (EPA:RAL) Shares Five Years Ago Have A 80% Loss To Show For It2 months ago | Simply Wall St
What Did Rallye SA's (EPA:RAL) CEO Take Home Last Year?Valuation
Is Rallye undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAL (€6.5) is trading below our estimate of fair value (€38.16)
Significantly Below Fair Value: RAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAL is good value based on its PE Ratio (7.1x) compared to the Consumer Retailing industry average (19.9x).
PE vs Market: RAL is good value based on its PE Ratio (7.1x) compared to the French market (14x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAL has negative assets, so we can't compare its PB Ratio to the FR Consumer Retailing industry average.
Next Steps
Future Growth
How is Rallye forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
10.2%
Forecasted Consumer Retailing industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if RAL's forecast earnings growth is above the savings rate (0.6%).
Earnings vs Market: Insufficient data to determine if RAL's earnings are forecast to grow faster than the French market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if RAL's revenue is forecast to grow faster than the French market.
High Growth Revenue: Insufficient data to determine if RAL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RAL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Rallye performed over the past 5 years?
8.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAL has a large one-off loss of €720.0M impacting its December 31 2019 financial results.
Growing Profit Margin: RAL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RAL has become profitable over the past 5 years, growing earnings by 8.3% per year.
Accelerating Growth: RAL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RAL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (-4.1%).
Return on Equity
High ROE: RAL's Return on Equity (-7.2%) is considered low.
Next Steps
Financial Health
How is Rallye's financial position?
Financial Position Analysis
Short Term Liabilities: RAL's short term assets (€12.8B) do not cover its short term liabilities (€16.2B).
Long Term Liabilities: RAL's short term assets (€12.8B) do not cover its long term liabilities (€13.9B).
Debt to Equity History and Analysis
Debt Level: RAL's debt to equity ratio (206.7%) is considered high.
Reducing Debt: RAL's debt to equity ratio has increased from 128% to 206.7% over the past 5 years.
Debt Coverage: RAL's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: RAL's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Rallye's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RAL is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAL's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average board tenure
CEO
Franck Hattab (48yo)
3.08yrs
Tenure
€837,732
Compensation
Mr. Franck Hattab serves as General Manager at Rallye SA. since April 03, 2017. Mr. Hattab served as Deputy Chief Executive Officer of Rallye Société Anonyme since February 28, 2013. He served as a Deputy ...
CEO Compensation Analysis
Compensation vs Market: Franck's total compensation ($USD912.56K) is above average for companies of similar size in the French market ($USD668.80K).
Compensation vs Earnings: Franck's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 22.08yrs | €10.00k | 0.00071% €2.4k | |
| Director | 29.83yrs | €1.06m | 0.059% €199.4k | |
| Non-Voting Director | 3yrs | €12.00k | 0.0020% €6.8k | |
| Non-Voting Director | 3yrs | €20.00k | 0.00072% €2.4k | |
| Chairman of the Board of Directors - Groupe GO Sport | 6.58yrs | no data | no data | |
| Director | 11.92yrs | €910.25k | 0.19% €654.3k | |
| Independent Director | 10.92yrs | €50.00k | 0.0031% €10.4k | |
| Director | 9yrs | €584.80k | 0.16% €534.8k | |
| Director | 4yrs | €381.00k | 0.11% €367.5k | |
| Independent Director | 6yrs | €40.00k | 0.00092% €3.1k |
7.8yrs
Average Tenure
64yo
Average Age
Experienced Board: RAL's board of directors are considered experienced (7.8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Rallye SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rallye SA
- Ticker: RAL
- Exchange: ENXTPA
- Founded: 1925
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: €337.616m
- Shares outstanding: 52.18m
- Website: https://www.rallye.fr
Number of Employees
Location
- Rallye SA
- 83, rue du Faubourg Saint Honoré
- Paris
- Ile-de-France
- 75008
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RAL | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Jan 1992 |
| RAY | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1992 |
| 0K9N | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jan 1992 |
| RLYN.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jan 1992 |
| RALP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jan 1992 |
Biography
Rallye SA, together with its subsidiaries, engages in the food, non-food e-commerce, and sporting goods retailing activities in France and internationally. The company operates in two segments, Food and General Retailing, and Holdings and Other Activities. It operates hypermarkets, supermarkets, and discount stores. The company conducts its retailing activities in France primarily under the Casino, Monoprix, Franprix-Leader Price, and Vindémia banners; food retail activities in Latin America primarily under the Éxito, Disco, Devoto, and Libertad banners, as well as GPA food banner; and e-commerce comprising Cdiscount and the Cnova N.V. holding company businesses. It is also involved in financial investment, real estate asset management, property development and trading, and energy efficiency activities; and operation of e-commerce sites and self-service restaurants. The company was founded in 1925 and is headquartered in Paris, France. Rallye SA is a subsidiary of Fonciere Euris SA.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/25 20:40 |
| End of Day Share Price | 2020/05/25 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.