Verallia Société Anonyme
Market Cap
€3.7b
Last Updated
2021/03/05 20:23 UTC
Data Sources
Company Financials +
Executive Summary
Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Similar Companies
Share Price & News
How has Verallia Société Anonyme's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRLA is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VRLA's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
VRLA
-2.0%
FR Packaging
0.9%
FR Market
1 Year Return
-0.6%
VRLA
0.3%
FR Packaging
13.7%
FR Market
Return vs Industry: VRLA matched the French Packaging industry which returned 0.1% over the past year.
Return vs Market: VRLA underperformed the French Market which returned 10.6% over the past year.
Shareholder returns
| VRLA | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -2.0% | 0.9% |
| 30 Day | 2.1% | -0.06% | 2.6% |
| 90 Day | 6.8% | 4.0% | 2.9% |
| 1 Year | 2.7%-0.6% | 2.7%0.3% | 16.3%13.7% |
| 3 Year | n/a | -20.8%-26.2% | 21.3%10.3% |
| 5 Year | n/a | 27.3%12.6% | 62.3%37.1% |
Long-Term Price Volatility Vs. Market
How volatile is Verallia Société Anonyme's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Verallia Société Anonyme Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year2 weeks ago | Simply Wall St
Verallia Société Anonyme's (EPA:VRLA) Shareholders Are Down 13% On Their Shares1 month ago | Simply Wall St
What We Make Of Verallia Société Anonyme's (EPA:VRLA) Returns On CapitalValuation
Is Verallia Société Anonyme undervalued compared to its fair value and its price relative to the market?
40.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRLA (€29.65) is trading below our estimate of fair value (€49.96)
Significantly Below Fair Value: VRLA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRLA is good value based on its PE Ratio (17.8x) compared to the FR Packaging industry average (18.3x).
PE vs Market: VRLA is good value based on its PE Ratio (17.8x) compared to the French market (23.7x).
Price to Earnings Growth Ratio
PEG Ratio: VRLA is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: VRLA is overvalued based on its PB Ratio (6.8x) compared to the FR Packaging industry average (1.7x).
Next Steps
Future Growth
How is Verallia Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
11.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRLA's forecast earnings growth (11.7% per year) is above the savings rate (0.4%).
Earnings vs Market: VRLA's earnings (11.7% per year) are forecast to grow slower than the French market (22.4% per year).
High Growth Earnings: VRLA's earnings are forecast to grow, but not significantly.
Revenue vs Market: VRLA's revenue (3% per year) is forecast to grow slower than the French market (7.2% per year).
High Growth Revenue: VRLA's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VRLA's Return on Equity is forecast to be high in 3 years time (36.7%)
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Past Performance
How has Verallia Société Anonyme performed over the past 5 years?
59.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRLA has high quality earnings.
Growing Profit Margin: VRLA's current net profit margins (8%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: VRLA's earnings have grown significantly by 59.4% per year over the past 5 years.
Accelerating Growth: VRLA's earnings growth over the past year (74.7%) exceeds its 5-year average (59.4% per year).
Earnings vs Industry: VRLA earnings growth over the past year (74.7%) exceeded the Packaging industry 2.3%.
Return on Equity
High ROE: Whilst VRLA's Return on Equity (36.28%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Verallia Société Anonyme's financial position?
Financial Position Analysis
Short Term Liabilities: VRLA's short term assets (€1.0B) exceed its short term liabilities (€884.8M).
Long Term Liabilities: VRLA's short term assets (€1.0B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: VRLA's debt to equity ratio (294.5%) is considered high.
Reducing Debt: Insufficient data to determine if VRLA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VRLA's debt is well covered by operating cash flow (35.8%).
Interest Coverage: VRLA's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Dividend
What is Verallia Société Anonyme current dividend yield, its reliability and sustainability?
3.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VRLA's dividend (3.2%) is higher than the bottom 25% of dividend payers in the French market (1.33%).
High Dividend: VRLA's dividend (3.2%) is low compared to the top 25% of dividend payers in the French market (4.51%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether VRLA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VRLA's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.9%), VRLA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VRLA's dividends in 3 years are forecast to be well covered by earnings (48.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Michel Giannuzzi (56 yo)
3.5yrs
Tenure
€3,709,665
Compensation
Mr. Michel Giannuzzi is the Chairman and Chief Executive Officer at Verallia SA since September 2017. He has been the Chief Executive Officer of Tarkett Holding GmbH since September 2007. Mr. Giannuzzi ser...
CEO Compensation Analysis
Compensation vs Market: Michel's total compensation ($USD4.47M) is above average for companies of similar size in the French market ($USD1.64M).
Compensation vs Earnings: Michel's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.5yrs | €3.71m | 2.08% € 76.1m | |
| Chief Financial Officer | 0.33yr | no data | no data | |
| Director of Operations of Verallia Group | 0.58yr | no data | no data | |
| General Counsel | 0.83yr | no data | no data | |
| MD of Latin America & Member of Executive Committee | 2.5yrs | no data | no data | |
| Director of Northern & Eastern Europe and Member of Executive Committee | 5.17yrs | no data | no data | |
| Managing Director of Verallia France | 1.17yrs | no data | no data | |
| Managing Director of Verallia Italia | 1.17yrs | no data | no data | |
| Managing Director of Verallia Ibérie | 1.17yrs | no data | no data | |
| General Secretary | 7.42yrs | no data | no data |
1.2yrs
Average Tenure
47yo
Average Age
Experienced Management: VRLA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.5yrs | €3.71m | 2.08% € 76.1m | |
| Director | no data | no data | no data | |
| Director | no data | €63.05k | no data | |
| Director | no data | no data | no data | |
| Independent Director | no data | €25.60k | no data | |
| Employee Representative Director | 1.17yrs | no data | no data | |
| Non-Voting Director | no data | no data | no data | |
| Independent Director | no data | €25.60k | no data | |
| Observer | 0.25yr | no data | no data | |
| Independent Director | no data | €19.60k | no data | |
| Independent Director | no data | €128.07k | no data | |
| Independent Director | no data | €22.07k | no data |
1.2yrs
Average Tenure
52yo
Average Age
Experienced Board: VRLA's board of directors are not considered experienced ( 1.2 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 been diluted in the past year, with total shares outstanding growing by 4.1%.
Top Shareholders
Company Information
Verallia Société Anonyme's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Verallia Société Anonyme
- Ticker: VRLA
- Exchange: ENXTPA
- Founded: 1827
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: €3.655b
- Shares outstanding: 123.27m
- Website: https://www.verallia.com
Number of Employees
Location
- Verallia Société Anonyme
- 31 Place des Corolles
- Tour Carpe Diem
- Courbevoie
- Ile-de-France
- 92400
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VRLA | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Oct 2019 |
| 1VRA | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Oct 2019 |
| VRLA | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Oct 2019 |
| VRLAP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Oct 2019 |
| 1VRA | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 2019 |
Biography
Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. It provides bottles and jars for still and sparkling wines, spirits, food products, beers, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 20:23 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.