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RF

Eurazeo ENXTPA:RF Stock Report

Last Price

€65.05

Market Cap

€5.0b

7D

0.2%

1Y

-26.4%

Updated

12 Aug, 2022

Data

Company Financials +
RF fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

RF Stock Overview

Eurazeo SE is a private equity and venture capital firm specializing in growth capital, acquisitions, leveraged buyouts, and buyins of a private company, and investments in mid-market and listed public companies.

Eurazeo Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eurazeo
Historical stock prices
Current Share Price€65.05
52 Week High€88.80
52 Week Low€57.30
Beta1.49
1 Month Change4.50%
3 Month Change-8.89%
1 Year Change-26.37%
3 Year Change10.16%
5 Year Change1.23%
Change since IPO823.30%

Recent News & Updates

Aug 07
Here's Why We Think Eurazeo (EPA:RF) Is Well Worth Watching

Here's Why We Think Eurazeo (EPA:RF) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Shareholder Returns

RFFR Diversified FinancialFR Market
7D0.2%-0.2%1.3%
1Y-26.4%-25.6%-6.4%

Return vs Industry: RF underperformed the French Diversified Financial industry which returned -24.9% over the past year.

Return vs Market: RF underperformed the French Market which returned -6.3% over the past year.

Price Volatility

Is RF's price volatile compared to industry and market?
RF volatility
RF Average Weekly Movement4.0%
Diversified Financial Industry Average Movement4.7%
Market Average Movement4.9%
10% most volatile stocks in FR Market9.1%
10% least volatile stocks in FR Market2.9%

Stable Share Price: RF is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196919,832Virginie Sarah Morgonhttps://www.eurazeo.com/en/

Eurazeo SE is a private equity and venture capital firm specializing in growth capital, acquisitions, leveraged buyouts, and buyins of a private company, and investments in mid-market and listed public companies. The firm seeks to invest in medium-sized or large companies, SMEs, high growth companies, and real estate management and investment activities. It does not have any restrictions regarding the sectors in which it invests but prefers to invest in services, leisure and mobility, real estate, fintech, investment activities, distribution, industry, luxury, consumer goods, business services, consumer and retail brands, and health sectors.

Eurazeo Fundamentals Summary

How do Eurazeo's earnings and revenue compare to its market cap?
RF fundamental statistics
Market Cap€4.99b
Earnings (TTM)€1.01b
Revenue (TTM)€6.14b

4.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RF income statement (TTM)
Revenue€6.14b
Cost of Revenue€1.73b
Gross Profit€4.42b
Other Expenses€3.40b
Earnings€1.01b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)13.21
Gross Margin71.91%
Net Profit Margin16.51%
Debt/Equity Ratio65.2%

How did RF perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

12%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is RF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RF?

Other financial metrics that can be useful for relative valuation.

RF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2x
Enterprise Value/EBITDA6x
PEG Ratio-0.1x

Price to Earnings Ratio vs Peers

How does RF's PE Ratio compare to its peers?

RF PE Ratio vs Peers
The above table shows the PE ratio for RF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average61.6x
MF Wendel
4.5x-15.4%€3.7b
MONC Financière Moncey
70.1xn/a€1.1b
PEUG Peugeot Invest Société anonyme
5.4x-26.4%€2.4b
ANTIN Antin Infrastructure Partners
166.3x41.4%€5.4b
RF Eurazeo
4.9x-34.9%€5.0b

Price-To-Earnings vs Peers: RF is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (61.6x).


Price to Earnings Ratio vs Industry

How does RF's PE Ratio compare vs other companies in the European Diversified Financial Industry?

Price-To-Earnings vs Industry: RF is good value based on its Price-To-Earnings Ratio (4.9x) compared to the French Diversified Financial industry average (7x)


Price to Earnings Ratio vs Fair Ratio

What is RF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ratio8.3x

Price-To-Earnings vs Fair Ratio: RF is good value based on its Price-To-Earnings Ratio (4.9x) compared to the estimated Fair Price-To-Earnings Ratio (8.3x).


Share Price vs Fair Value

What is the Fair Price of RF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RF (€65.05) is trading below our estimate of fair value (€115.09)

Significantly Below Fair Value: RF is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Eurazeo forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-34.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RF's earnings are forecast to decline over the next 3 years (-34.9% per year).

Earnings vs Market: RF's earnings are forecast to decline over the next 3 years (-34.9% per year).

High Growth Earnings: RF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RF's revenue (3.6% per year) is forecast to grow slower than the French market (5.2% per year).

High Growth Revenue: RF's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RF's Return on Equity is forecast to be low in 3 years time (4.5%).


Discover growth companies

Past Performance

How has Eurazeo performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RF has high quality earnings.

Growing Profit Margin: RF's current net profit margins (16.5%) are higher than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: RF's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: RF's earnings growth over the past year (44.3%) exceeds its 5-year average (18.7% per year).

Earnings vs Industry: RF earnings growth over the past year (44.3%) underperformed the Diversified Financial industry 67.9%.


Return on Equity

High ROE: RF's Return on Equity (14.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Eurazeo's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RF's short term assets (€3.1B) exceed its short term liabilities (€2.8B).

Long Term Liabilities: RF's short term assets (€3.1B) do not cover its long term liabilities (€7.6B).


Debt to Equity History and Analysis

Debt Level: RF's net debt to equity ratio (54.5%) is considered high.

Reducing Debt: RF's debt to equity ratio has increased from 49.5% to 65.2% over the past 5 years.

Debt Coverage: RF's debt is not well covered by operating cash flow (1.5%).

Interest Coverage: RF's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


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Dividend

What is Eurazeo current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.69%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RF's dividend (2.69%) is higher than the bottom 25% of dividend payers in the French market (1.68%).

High Dividend: RF's dividend (2.69%) is low compared to the top 25% of dividend payers in the French market (5.22%).


Stability and Growth of Payments

Stable Dividend: RF's dividend payments have been volatile in the past 10 years.

Growing Dividend: RF's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.4%), RF's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: RF is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.9yrs

Average management tenure


CEO

Virginie Sarah Morgon (53 yo)

14.58yrs

Tenure

€4,086,846

Compensation

Ms. Virginie Sarah Sandrine Morgon serves as the Chief Executive Officer at Eurazeo North America, Inc. Ms. Morgon served as Independent Director of Director at Moncler S.p.A. since 2021 until April 2022 a...


CEO Compensation Analysis

Compensation vs Market: Virginie Sarah's total compensation ($USD4.19M) is above average for companies of similar size in the French market ($USD2.47M).

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


Leadership Team

Experienced Management: RF's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: RF's board of directors are considered experienced (8.3 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

Eurazeo SE's employee growth, exchange listings and data sources


Key Information

  • Name: Eurazeo SE
  • Ticker: RF
  • Exchange: ENXTPA
  • Founded: 1969
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Implied Market Cap: €4.992b
  • Shares outstanding: 76.74m
  • Website: https://www.eurazeo.com/en/

Number of Employees


Location

  • Eurazeo SE
  • 1 rue Georges Berger
  • Paris
  • Ile-de-France
  • 75017
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.