ENXTPA:MLCVG

Stock Analysis Report

Société des Chemins de Fer et Tramways du Var et du Gard

Executive Summary

Société des Chemins de Fer et Tramways du Var et du Gard engages in the management of a securities portfolio and the placement of liquidity.

Snowflake

Fundamentals

Concerning outlook with poor track record.

Share Price & News

How has Société des Chemins de Fer et Tramways du Var et du Gard's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

MLCVG

1.1%

FR Capital Markets

-0.9%

FR Market


1 Year Return

-13.9%

MLCVG

-11.6%

FR Capital Markets

12.5%

FR Market

Return vs Industry: MLCVG matched the French Capital Markets industry which returned -11.6% over the past year.

Return vs Market: MLCVG underperformed the French Market which returned 12.5% over the past year.


Shareholder returns

MLCVGIndustryMarket
7 Day0%1.1%-0.9%
30 Day0%2.2%-0.8%
90 Dayn/a4.2%-0.5%
1 Year-13.7%-13.9%0.1%-11.6%16.3%12.5%
3 Year-9.4%-10.0%31.8%4.7%43.1%29.1%
5 Year-0.4%-1.6%41.4%-1.3%71.4%45.4%

Price Volatility Vs. Market

How volatile is Société des Chemins de Fer et Tramways du Var et du Gard's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Société des Chemins de Fer et Tramways du Var et du Gard undervalued compared to its fair value and its price relative to the market?

115.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MLCVG (€3960) is trading above our estimate of fair value (€448.61)

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


Price To Earnings Ratio

PE vs Industry: MLCVG is poor value based on its PE Ratio (115.5x) compared to the Capital Markets industry average (23.4x).

PE vs Market: MLCVG is poor value based on its PE Ratio (115.5x) compared to the French market (17.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MLCVG is overvalued based on its PB Ratio (15.4x) compared to the FR Capital Markets industry average (1.2x).


Next Steps

Future Growth

How is Société des Chemins de Fer et Tramways du Var et du Gard forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MLCVG's forecast earnings growth (6.9% per year) is above the savings rate (0.7%).

Earnings vs Market: MLCVG's earnings (6.9% per year) are forecast to grow slower than the French market (11.4% per year).

High Growth Earnings: MLCVG's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if MLCVG's revenue is forecast to grow faster than the French market.

High Growth Revenue: Insufficient data to determine if MLCVG'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 MLCVG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Société des Chemins de Fer et Tramways du Var et du Gard performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MLCVG's earnings have grown by 0.9% per year over the past 5 years.

Accelerating Growth: MLCVG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MLCVG had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Capital Markets industry average (-4%).


Return on Equity

High ROE: MLCVG's Return on Equity (13.4%) is considered low.


Return on Assets

ROA vs Industry: MLCVG's Return on Assets is below or equal to the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: MLCVG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Société des Chemins de Fer et Tramways du Var et du Gard's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: MLCVG has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MLCVG's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: MLCVG's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if MLCVG has a sufficient allowance for bad loans.

Low Risk Liabilities: MLCVG reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if MLCVG has an acceptable proportion of non-loan assets held.

Low Risk Deposits: MLCVG has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if MLCVG has an appropriate level of bad loans.


Next Steps

Dividend

What is Société des Chemins de Fer et Tramways du Var et du Gard's current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

company0.3%marketbottom25%1.5%markettop25%4.7%industryaverage5.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: MLCVG's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.55%).

High Dividend: MLCVG's dividend (0.28%) is low compared to the top 25% of dividend payers in the French market (4.71%).

Stable Dividend: MLCVG is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: MLCVG is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MLCVG is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MLCVG's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

What is the CEO of Société des Chemins de Fer et Tramways du Var et du Gard's salary, the management and board of directors tenure and is there insider trading?


CEO

Antoine De VOS 0

0yrs

Tenure

0

Antoine De VOS serves as General Manager of Société des Chemins de Fer et Tramways du Var et du Gard. 


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Cédric de Bailliencourt (50yo)

    Chairman of the Board of Directors & CFO

    • Tenure: 9.3yrs
    • Compensation: €993.15k
  • Emmanuel Fossorier

    Head of Financial Communication & Director

    • Tenure: 7.3yrs
    • Compensation: €125.23k
  • Xavier Le Roy

    Head of Investor Relations

    • Tenure: 0yrs
  • Antoine De VOS

    General Manager

    • Tenure: 0yrs

Board Members

  • Céline Merle-Béral (50yo)

    Director

    • Tenure: 0yrs
    • Compensation: €96.50k
  • Cédric de Bailliencourt (50yo)

    Chairman of the Board of Directors & CFO

    • Tenure: 9.3yrs
    • Compensation: €993.15k
  • Emmanuel Fossorier

    Head of Financial Communication & Director

    • Tenure: 7.3yrs
    • Compensation: €125.23k

Company Information

Société des Chemins de Fer et Tramways du Var et du Gard's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Société des Chemins de Fer et Tramways du Var et du Gard
  • Ticker: MLCVG
  • Exchange: ENXTPA
  • Founded:
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €248.886m
  • Shares outstanding: 62.85k
  • Website: https://www.var-et-gard.com

Location

  • Société des Chemins de Fer et Tramways du Var et du Gard
  • Tour Bolloré
  • 31-32 quai de Dion Bouton
  • Puteaux
  • Ile-de-France
  • 92811
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MLCVGENXTPA (Euronext Paris)YesShare CapitalFREURNov 1996

Biography

Société des Chemins de Fer et Tramways du Var et du Gard engages in the management of a securities portfolio and the placement of liquidity. The company is based in Puteaux, France. Société des Chemins de  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:41
End of Day Share Price2019/08/19 00:00
Earnings2018/12/31
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.