ENXTPA:ELIOR

Stock Analysis Report

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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. More Details


Snowflake Analysis

Undervalued with moderate growth potential.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.5%

ELIOR

0.9%

FR Hospitality

-0.04%

FR Market


1 Year Return

-68.6%

ELIOR

-35.3%

FR Hospitality

-6.4%

FR Market

Return vs Industry: ELIOR underperformed the French Hospitality industry which returned -35.3% over the past year.

Return vs Market: ELIOR underperformed the French Market which returned -6.4% over the past year.


Shareholder returns

ELIORIndustryMarket
7 Day-4.5%0.9%-0.04%
30 Day-8.1%1.0%0.6%
90 Day-27.6%6.5%-0.03%
1 Year-67.0%-68.6%-34.0%-35.3%-4.3%-6.4%
3 Year-83.2%-84.8%-38.3%-42.6%7.1%-2.2%
5 Year-75.8%-78.9%-24.0%-32.3%31.9%13.8%

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

Valuation

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

24.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ELIOR (€3.61) is trading below our estimate of fair value (€4.75)

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 (15.7x) compared to the FR Hospitality industry average (14.8x).

PE vs Market: ELIOR is good value based on its PE Ratio (15.7x) compared to the French market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: ELIOR is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: ELIOR is good value based on its PB Ratio (0.4x) compared to the FR Hospitality industry average (1.1x).


Next Steps

Future Growth

How is Elior Group forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

143.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELIOR's forecast earnings growth (143.2% per year) is above the savings rate (0.6%).

Earnings vs Market: ELIOR's earnings (143.2% per year) are forecast to grow faster than the French market (23.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ELIOR's revenue (4.4% per year) is forecast to grow slower than the French market (6.7% per year).

High Growth Revenue: ELIOR's revenue (4.4% 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 (3.5%).


Next Steps

Past Performance

How has Elior Group performed over the past 5 years?

-27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELIOR has a large one-off loss of €9.0M impacting its March 31 2020 financial results.

Growing Profit Margin: ELIOR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ELIOR's earnings have declined by 27% 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 (-4.7%).


Return on Equity

High ROE: ELIOR's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Elior Group's financial position?


Financial Position Analysis

Short Term Liabilities: ELIOR's short term assets (€1.6B) exceed its short term liabilities (€1.3B).

Long Term Liabilities: ELIOR's short term assets (€1.6B) do not cover its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: ELIOR's debt to equity ratio (82.6%) is considered high.

Reducing Debt: ELIOR's debt to equity ratio has reduced from 134.9% to 82.6% over the past 5 years.

Debt Coverage: ELIOR's debt is well covered by operating cash flow (120.6%).

Interest Coverage: ELIOR's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Elior Group current dividend yield, its reliability and sustainability?

8.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ELIOR's dividend (8.04%) is higher than the bottom 25% of dividend payers in the French market (1.54%).

High Dividend: ELIOR's dividend (8.04%) is in the top 25% of dividend payers in the French market (5.21%)


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 6 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (126.2%), ELIOR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ELIOR's dividends in 3 years are forecast to be well covered by earnings (46.3% payout ratio).


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Philippe Guillemot (61 yo)

2.83yrs

Tenure

€2,986,436

Compensation

Mr. Philippe Guillemot has been the Chief Executive Officer of Elior Group S.A. since December 5, 2017 and serves as its Executive Director since March 2018. He serves as a Chairman of the Board at Elior N ...


CEO Compensation Analysis

Compensation vs Market: Philippe's total compensation ($USD3.54M) is above average for companies of similar size in the French market ($USD638.20K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Philippe Guillemot
CEO & Director2.83yrs€2.99m0.011%
€ 67.6k
Esther Gaide
Group Chief Financial Officer2.58yrsno datano data
Bernard Duverneuil
Group Chief Information & Digital Officer2.75yrsno datano data
Kimberly Stewart
Head of Investor Relations0.92yrno datano data
Thierry Thonnier
Group Chief Legal Officerno datano datano data
Damien Rebourg
Group Chief Communications Officer1.75yrsno datano data
Ludovic Oster
Group Chief Human Resources Officer2.75yrsno datano data
Dominique Pélabon
Executive Vice President of Interna- Tional Contract Cateringno datano datano data
Bertrand Lozé
Executive Vice President of Concession Catering - Franceno datano datano data
Gilles Raffin
Executive Vice President of Support Services of Franceno datano datano data
Ruxandra Ispas
Group Chief Procurement & Logistics Officer2.5yrsno datano data
Gilles Rafin
President of Elior Services10.75yrsno datano data

2.7yrs

Average Tenure

58yo

Average Age

Experienced Management: ELIOR's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Philippe Guillemot
CEO & Director2.83yrs€2.99m0.011%
€ 67.6k
Antonio Llorens Tubau
Chairman & CEO of Serunionno datano datano data
Bernard Gault
Independent Director2.58yrs€69.00k0.0023%
€ 14.4k
Anne Busquet
Independent Director4.58yrs€58.50k0.0014%
€ 8.6k
Robert Zolade
Honorary Chairman6.33yrs€69.00k20.39%
€ 126.7m
Gilles Cojan
Chairman of the Board2.92yrs€532.00k0.010%
€ 65.1k
Gilles Auffret
Senior Independent Director3.17yrs€72.00k0.035%
€ 218.9k
Sophie Javary
Representative Director4.58yrs€48.00kno data
Celia Cornu
Non-Voting Member2.58yrs€18.00kno data
Virginie Dupérat-Vergne
Independent Director2.58yrs€54.00kno data
Vanessa Llopart
Independent Director1yrno datano data

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: ELIOR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

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: €621.554m
  • Shares outstanding: 172.27m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELIORENXTPA (Euronext Paris)YesCommon SharesFREURJun 2014
21EDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2014
ELIORPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJun 2014
0QVPLSE (London Stock Exchange)YesCommon SharesGBEURJun 2014
ELRO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 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 s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:17
End of Day Share Price2020/10/21 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.