Pierre et Vacances SA, through its subsidiaries, engages in the holiday accommodation and holiday property investment business. More Details
Reasonable growth potential with imperfect balance sheet.
Share Price & News
How has Pierre et Vacances's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VAC is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VAC's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: VAC underperformed the French Hospitality industry which returned 48.5% over the past year.
Return vs Market: VAC underperformed the French Market which returned 47.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Pierre et Vacances's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs There An Opportunity With Pierre et Vacances SA's (EPA:VAC) 42% Undervaluation?
2 months ago | Simply Wall StPierre et Vacances SA (EPA:VAC): Is Breakeven Near?
3 months ago | Simply Wall StPierre et Vacances'(EPA:VAC) Share Price Is Down 73% Over The Past Three Years.
Is Pierre et Vacances undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: VAC (€12) is trading above our estimate of fair value (€1.24)
Significantly Below Fair Value: VAC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VAC is unprofitable, so we can't compare its PE Ratio to the European Hospitality industry average.
PE vs Market: VAC 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 VAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VAC has negative assets, so we can't compare its PB Ratio to the FR Hospitality industry average.
How is Pierre et Vacances forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VAC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: VAC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VAC's is expected to become profitable in the next 3 years.
Revenue vs Market: VAC's revenue (13.6% per year) is forecast to grow faster than the French market (6.8% per year).
High Growth Revenue: VAC's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VAC's Return on Equity is forecast to be high in 3 years time
How has Pierre et Vacances performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VAC is currently unprofitable.
Growing Profit Margin: VAC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VAC is unprofitable, and losses have increased over the past 5 years at a rate of 59% per year.
Accelerating Growth: Unable to compare VAC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VAC is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (1.6%).
Return on Equity
High ROE: VAC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Pierre et Vacances's financial position?
Financial Position Analysis
Short Term Liabilities: VAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VAC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: VAC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VAC is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.
What is Pierre et Vacances's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VAC'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 VAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VAC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VAC is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VAC's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Franck Gervais (43 yo)
Mr. Franck Gervais serves as Chief Executive Officer at Pierre & Vacances-Center Parcs Group since January 07, 2021 He was Chief Executive Officer of Europe at Accor SA since 2017 until 2020. He started hi...
Experienced Management: VAC's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: VAC's board of directors are considered experienced (4.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pierre et Vacances SA's company bio, employee growth, exchange listings and data sources
- Name: Pierre et Vacances SA
- Ticker: VAC
- Exchange: ENXTPA
- Founded: 1967
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: €115.547m
- Shares outstanding: 9.63m
- Website: https://www.groupepvcp.com
Number of Employees
- Pierre et Vacances SA
- Espace Pont de Flandre
Pierre et Vacances SA, through its subsidiaries, engages in the holiday accommodation and holiday property investment business. It operates through two segments, Property Development and Tourism. The Prope...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/14 19:35|
|End of Day Share Price||2021/05/14 00:00|
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.