Elior Group
Market Cap
€2.3b
Last Updated
2020/01/24 22:16 UTC
Data Sources
Company Financials +
Executive Summary
Elior Group S.A. provides contract catering and support services in France, the United States, the United Kingdom, Spain, Italy, India, Portugal, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Elior Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELIOR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.7%
ELIOR
-2.3%
FR Hospitality
-1.4%
FR Market
1 Year Return
5.9%
ELIOR
4.3%
FR Hospitality
21.1%
FR Market
Return vs Industry: ELIOR exceeded the French Hospitality industry which returned 3.9% over the past year.
Return vs Market: ELIOR underperformed the French Market which returned 24.9% over the past year.
Shareholder returns
| ELIOR | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -2.3% | -1.4% |
| 30 Day | 1.8% | -5.6% | 0.5% |
| 90 Day | 15.2% | 2.5% | 5.9% |
| 1 Year | 8.9%5.9% | 7.3%4.3% | 25.3%21.1% |
| 3 Year | -32.4%-37.0% | 3.0%-5.6% | 43.2%29.5% |
| 5 Year | 5.1%-5.0% | 13.9%-2.0% | 63.1%39.5% |
Price Volatility Vs. Market
How volatile is Elior Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Shareholder Appears On The Elior Group S.A.'s (EPA:ELIOR) Shareholder Register?3 weeks ago | Simply Wall St
Three Things You Should Check Before Buying Elior Group S.A. (EPA:ELIOR) For Its Dividend1 month ago | Simply Wall St
Are Elior Group's (EPA:ELIOR) Statutory Earnings A Good Guide To Its Underlying Profitability?Valuation
Is Elior Group undervalued compared to its fair value and its price relative to the market?
23.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELIOR (€13.5) is trading below our estimate of fair value (€16.05)
Significantly Below Fair Value: ELIOR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ELIOR is poor value based on its PE Ratio (34.5x) compared to the Hospitality industry average (24.9x).
PE vs Market: ELIOR is poor value based on its PE Ratio (34.5x) compared to the French market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: ELIOR is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: ELIOR is overvalued based on its PB Ratio (1.4x) compared to the FR Hospitality industry average (1.3x).
Next Steps
Future Growth
How is Elior Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
9.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELIOR's forecast earnings growth (10.9% per year) is above the savings rate (-0.1%).
Earnings vs Market: ELIOR's earnings (10.9% per year) are forecast to grow slower than the French market (11.7% per year).
High Growth Earnings: ELIOR's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELIOR's revenue (2.9% per year) is forecast to grow slower than the French market (4.7% per year).
High Growth Revenue: ELIOR's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELIOR's Return on Equity is forecast to be low in 3 years time (6.5%).
Next Steps
Past Performance
How has Elior Group performed over the past 5 years?
-14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELIOR has a large one-off loss of €37.0M impacting its September 30 2019 financial results.
Growing Profit Margin: ELIOR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ELIOR's earnings have declined by -14.9% per year over the past 5 years.
Accelerating Growth: ELIOR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ELIOR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (-0.2%).
Return on Equity
High ROE: ELIOR's Return on Equity (4.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Elior Group's financial position?
Financial Position Analysis
Short Term Liabilities: ELIOR's short term assets (€941.0M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: ELIOR's short term assets (€941.0M) exceed its long term liabilities (€860.0M).
Debt to Equity History and Analysis
Debt Level: ELIOR's debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: ELIOR's debt to equity ratio has reduced from 120.6% to 35.7% over the past 5 years.
Debt Coverage: ELIOR's debt is well covered by operating cash flow (253.5%).
Interest Coverage: ELIOR's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Inventory Level: ELIOR has a low level of unsold assets or inventory.
Debt Coverage by Assets: ELIOR's debt is covered by short term assets (assets are 1.6x debt).
Next Steps
Dividend
What is Elior Group's current dividend yield, its reliability and sustainability?
2.18%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ELIOR's dividend (2.15%) is higher than the bottom 25% of dividend payers in the French market (1.46%).
High Dividend: ELIOR's dividend (2.15%) is low compared to the top 25% of dividend payers in the French market (4.43%).
Stability and Growth of Payments
Stable Dividend: ELIOR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELIOR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.1%), ELIOR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELIOR's dividends in 3 years are forecast to be well covered by earnings (46.1% payout ratio).
Next Steps
Management
What is the CEO of Elior Group's salary, the management and board of directors tenure and is there insider trading?
1.9yrs
Average management tenure
CEO
Philippe Guillemot (60yo)
2.1yrs
Tenure
€1,174,281
Compensation
Mr. Philippe Guillemot has been the Chief Executive Officer of Elior Group S.A. since December 5, 2017 and its Director since March 2018. He serves as a Chairman of the Board at Elior North America. Mr. Gu ...
CEO Compensation Analysis
Compensation vs Market: Philippe's total compensation ($USD1.31M) is about average for companies of similar size in the French market ($USD1.66M).
Compensation vs Earnings: Insufficient data to compare Philippe's compensation with company performance.
Management Age and Tenure
1.9yrs
Average Tenure
53yo
Average Age
Experienced Management: ELIOR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
2.3yrs
Average Tenure
60yo
Average Age
Experienced Board: ELIOR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Insider Trading
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.
Management Team
Dominique Pélabon
Executive Vice President of Interna- Tional Contract Catering
Bertrand Lozé
Executive Vice President of Concession Catering - France
Philippe Guillemot (60yo)
CEO & Director
- Tenure: 2.1yrs
- Compensation: €1.17m
Gilles Raffin
Executive Vice President of Support Services of France
Esther Gaide (57yo)
Group Chief Financial Officer
- Tenure: 1.8yrs
Kimberly Stewart
Head of Investor Relations
- Tenure: 0.2yrs
Bernard Duverneuil
Group Chief Information & Digital Officer
- Tenure: 2yrs
Ludovic Oster (49yo)
Group Chief Human Resources Officer
- Tenure: 2yrs
Damien Rebourg (47yo)
Group Chief Communications Officer
- Tenure: 1yrs
Thierry Thonnier
Group Chief Legal Officer
Board Members
Bernard Gault (60yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: €46.83k
Anne Busquet (69yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: €82.00k
Robert Zolade (79yo)
Honorary Chairman
- Tenure: 5.6yrs
- Compensation: €79.00k
Gilles Cojan (65yo)
Chairman of the Board
- Tenure: 2.2yrs
- Compensation: €565.33k
Gilles Auffret (72yo)
Senior Independent Director
- Tenure: 2.4yrs
- Compensation: €88.00k
Sophie Javary (60yo)
Representative Director
- Tenure: 3.8yrs
- Compensation: €45.00k
Philippe Guillemot (60yo)
CEO & Director
- Tenure: 2.1yrs
- Compensation: €1.17m
Elisabeth Van Damme (53yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: €61.00k
Celia Cornu (39yo)
Non-Voting Member
- Tenure: 1.8yrs
- Compensation: €18.00k
Virginie Dupérat-Vergne (44yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: €34.00k
Company Information
Elior Group S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elior Group S.A.
- Ticker: ELIOR
- Exchange: ENXTPA
- Founded: 1991
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: €2.256b
- Shares outstanding: 169.78m
- Website: https://www.eliorgroup.com
Number of Employees
Location
- Elior Group S.A.
- Tour Égée - 11, allée de l’Arche
- Cedex
- Paris
- Ile-de-France
- 92032
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ELIOR | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Jun 2014 |
| 21E | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 2014 |
| ELIORP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jun 2014 |
| 0QVP | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jun 2014 |
| ELRO.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jun 2014 |
Biography
Elior Group S.A. provides contract catering and support services in France, the United States, the United Kingdom, Spain, Italy, India, Portugal, and internationally. The company offers contract catering services to business and industry, education, and healthcare sectors under the Elior brand; and concession catering services at the airport, on the road, at the station, or in the city under the Areas brand. It also offers a range of value-added services under the Elior Services brand, such as cleaning and hygiene services for hotels, industrial sites, shops and retail outlets, and food industry; biological cleaning and hospitality services in the healthcare sector; and facility management and support services, including reception, internal mail handling, minor repairs and maintenance, gardening, etc. for corporate clients. As of January 24, 2019, it operated approximately 25,600 restaurants and points of sale. Elior Group S.A. was founded in 1991 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 22:16 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/09/30 |
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.