ENXTPA:EXAC

Stock Analysis Report

Exacompta Clairefontaine

Executive Summary

Exacompta Clairefontaine S.A. engages in producing, finishing, and formatting printing and writing papers in Europe and internationally.


Snowflake Analysis

Solid track record with mediocre balance sheet.

Share Price & News

How has Exacompta Clairefontaine's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EXAC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

EXAC

1.1%

FR Forestry

-0.4%

FR Market


1 Year Return

-3.4%

EXAC

4.8%

FR Forestry

16.2%

FR Market

Return vs Industry: EXAC underperformed the French Forestry industry which returned 1.8% over the past year.

Return vs Market: EXAC underperformed the French Market which returned 17.1% over the past year.


Shareholder returns

EXACIndustryMarket
7 Day-1.8%1.1%-0.4%
30 Day-4.3%3.8%0.5%
90 Day0.9%0.8%3.9%
1 Year-1.2%-3.4%9.6%4.8%20.2%16.2%
3 Year-2.1%-8.2%37.3%-7.2%43.4%29.8%
5 Year106.5%86.0%89.0%19.8%54.5%32.7%

Price Volatility Vs. Market

How volatile is Exacompta Clairefontaine's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Exacompta Clairefontaine undervalued compared to its fair value and its price relative to the market?

11.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EXAC (€112) is trading above our estimate of fair value (€22.24)

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


Price To Earnings Ratio

PE vs Industry: EXAC is poor value based on its PE Ratio (11.1x) compared to the Forestry industry average (11.1x).

PE vs Market: EXAC is good value based on its PE Ratio (11.1x) compared to the French market (18.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EXAC is good value based on its PB Ratio (0.3x) compared to the XE Forestry industry average (1.1x).


Next Steps

Future Growth

How is Exacompta Clairefontaine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-10.2%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Exacompta Clairefontaine has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Exacompta Clairefontaine performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXAC has high quality earnings.

Growing Profit Margin: EXAC's current net profit margins (1.8%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: EXAC's earnings have grown by 2.8% per year over the past 5 years.

Accelerating Growth: EXAC's earnings growth over the past year (4.7%) exceeds its 5-year average (2.8% per year).

Earnings vs Industry: EXAC earnings growth over the past year (4.7%) exceeded the Forestry industry -11.4%.


Return on Equity

High ROE: EXAC's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Exacompta Clairefontaine's financial position?


Financial Position Analysis

Short Term Liabilities: EXAC's short term assets (€469.4M) exceed its short term liabilities (€263.7M).

Long Term Liabilities: EXAC's short term assets (€469.4M) exceed its long term liabilities (€162.4M).


Debt to Equity History and Analysis

Debt Level: EXAC's debt to equity ratio (51.5%) is considered high.

Reducing Debt: EXAC's debt to equity ratio has increased from 31.5% to 51.5% over the past 5 years.

Debt Coverage: EXAC's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: EXAC's interest payments on its debt are well covered by EBIT (71.6x coverage).


Balance Sheet

Inventory Level: EXAC has a high level of physical assets or inventory.

Debt Coverage by Assets: EXAC's debt is covered by short term assets (assets are 2.3x debt).


Next Steps

Dividend

What is Exacompta Clairefontaine's current dividend yield, its reliability and sustainability?

2.41%

Current Dividend Yield


Dividend Yield vs Market

company2.4%marketbottom25%1.5%markettop25%4.5%industryaverage4.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: EXAC's dividend (2.41%) is higher than the bottom 25% of dividend payers in the French market (1.53%).

High Dividend: EXAC's dividend (2.41%) is low compared to the top 25% of dividend payers in the French market (4.5%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), EXAC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

€348k

CEO Compensation


CEO

François Nusse 0

€347,587

Compensation

Mr. François Nusse serves as Chairman of the Board, Chief Executive Officer and Managing Director of Exacompta Clairefontaine SA. Mr. Nusse serves as the Chairman of the Management Board at Etablissements  ...


CEO Compensation Analysis

Compensation vs Market: François's total compensation ($USD375.12K) is about average for companies of similar size in the French market ($USD303.74K).

Compensation vs Earnings: Insufficient data to compare François's compensation with company performance.


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

Exacompta Clairefontaine S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Exacompta Clairefontaine S.A.
  • Ticker: EXAC
  • Exchange: ENXTPA
  • Founded:
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: €127.857m
  • Shares outstanding: 1.13m
  • Website: https://www.exacomptaclairefontaine.fr

Number of Employees


Location

  • Exacompta Clairefontaine S.A.
  • 19 rue de l’Abbaye
  • Etival Clairefontaine
  • Lorraine
  • 88480
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXACENXTPA (Euronext Paris)YesCommon StockFREUROct 1993
0FOALSE (London Stock Exchange)YesCommon StockGBEUROct 1993
EXACPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEUROct 1993

Biography

Exacompta Clairefontaine S.A. engages in producing, finishing, and formatting printing and writing papers in Europe and internationally. The company operates through Paper and Processing segments. It also manufactures and sells diary and personal stationery, office, and desk and filing items, as well as digital photos. The company is based in Etival Clairefontaine, France. Exacompta Clairefontaine S.A. is a subsidiary of Etablissements Charles Nusse. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 20:54
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
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.