Vivendi
Market Cap
€23.7b
Last Updated
2020/05/30 21:57 UTC
Data Sources
Company Financials +
Executive Summary
Vivendi SA operates as a content media and communication company in France, rest of Europe, the Americas, Asia/Oceania, and Africa.
Rewards
PE ratio (15.9x) is below the Entertainment industry average (28.2x)
Risk Analysis
Earnings are forecast to decline by an average of -1.3% per year for the next 3 years
Snowflake Analysis
Solid track record second-rate dividend payer.
Similar Companies
Share Price & News
How has Vivendi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VIV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.1%
VIV
2.8%
FR Entertainment
5.9%
FR Market
1 Year Return
-15.3%
VIV
-18.8%
FR Entertainment
-8.3%
FR Market
Return vs Industry: VIV exceeded the French Entertainment industry which returned -18.8% over the past year.
Return vs Market: VIV underperformed the French Market which returned -8.3% over the past year.
Shareholder returns
| VIV | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.1% | 2.8% | 5.9% |
| 30 Day | 3.7% | 1.9% | 2.6% |
| 90 Day | -11.3% | -9.7% | -9.6% |
| 1 Year | -12.9%-15.3% | -17.2%-18.8% | -6.6%-8.3% |
| 3 Year | 9.8%2.6% | 0.5%-4.5% | 1.4%-6.9% |
| 5 Year | 10.2%-13.2% | 6.4%-10.0% | 19.9%4.6% |
Price Volatility Vs. Market
How volatile is Vivendi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is Vivendi SA (EPA:VIV) Investing Effectively In Its Business?2 weeks ago | Simply Wall St
Those Who Purchased Vivendi (EPA:VIV) Shares A Year Ago Have A 22% Loss To Show For It1 month ago | Simply Wall St
Key Things To Consider Before Buying Vivendi SA (EPA:VIV) For Its DividendValuation
Is Vivendi undervalued compared to its fair value and its price relative to the market?
15.92x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VIV (€20.43) is trading above our estimate of fair value (€13.58)
Significantly Below Fair Value: VIV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VIV is good value based on its PE Ratio (15.9x) compared to the Entertainment industry average (28.2x).
PE vs Market: VIV is poor value based on its PE Ratio (15.9x) compared to the French market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: VIV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: VIV is good value based on its PB Ratio (1.6x) compared to the FR Entertainment industry average (1.9x).
Next Steps
Future Growth
How is Vivendi forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
-1.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIV's earnings are forecast to decline over the next 3 years (-1.3% per year).
Earnings vs Market: VIV's earnings are forecast to decline over the next 3 years (-1.3% per year).
High Growth Earnings: VIV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VIV's revenue (3.5% per year) is forecast to grow slower than the French market (3.9% per year).
High Growth Revenue: VIV's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIV's Return on Equity is forecast to be low in 3 years time (10.7%).
Next Steps
Past Performance
How has Vivendi performed over the past 5 years?
19.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIV has high quality earnings.
Growing Profit Margin: VIV's current net profit margins (10%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: VIV has become profitable over the past 5 years, growing earnings by 19.3% per year.
Accelerating Growth: VIV's earnings growth over the past year (1063.2%) exceeds its 5-year average (19.3% per year).
Earnings vs Industry: VIV earnings growth over the past year (1063.2%) exceeded the Entertainment industry 16.6%.
Return on Equity
High ROE: VIV's Return on Equity (10.4%) is considered low.
Next Steps
Financial Health
How is Vivendi's financial position?
Financial Position Analysis
Short Term Liabilities: VIV's short term assets (€10.1B) do not cover its short term liabilities (€13.0B).
Long Term Liabilities: VIV's short term assets (€10.1B) exceed its long term liabilities (€8.7B).
Debt to Equity History and Analysis
Debt Level: VIV's debt to equity ratio (44.5%) is considered high.
Reducing Debt: VIV's debt to equity ratio has increased from 10.2% to 44.5% over the past 5 years.
Debt Coverage: VIV's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: VIV's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Vivendi's current dividend yield, its reliability and sustainability?
2.94%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VIV's dividend (2.94%) is higher than the bottom 25% of dividend payers in the French market (1.7%).
High Dividend: VIV's dividend (2.94%) is low compared to the top 25% of dividend payers in the French market (5.08%).
Stability and Growth of Payments
Stable Dividend: VIV's dividend payments have been volatile in the past 10 years.
Growing Dividend: VIV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.8%), VIV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VIV's dividends in 3 years are forecast to be well covered by earnings (48.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Arnaud de Puyfontaine (55yo)
5.92yrs
Tenure
€3,460,172
Compensation
Mr. Arnaud Roy de Puyfontaine, E.S.C.P., M.B.A., has been Chairman of Management Board at Vivendi SA since June 24, 2014 and has been a Member of Management Board since June 26, 2013 and serves as its Chie ...
CEO Compensation Analysis
Compensation vs Market: Arnaud's total compensation ($USD3.85M) is about average for companies of similar size in the French market ($USD3.98M).
Compensation vs Earnings: Arnaud's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 5.92yrs | €3.46m | no data | |
| Member of Management Board & CFO | 6.33yrs | €2.20m | no data | |
| Member of the Management Board | 4.5yrs | €2.27m | no data | |
| Member of Management Board & Senior EVP of Communications | 4.5yrs | €2.03m | no data | |
| Member of Management Board & COO | 4.5yrs | €3.13m | no data | |
| Member of the Management Board & Senior VP | 2.67yrs | €1.16m | no data | |
| Member of the Management Board & Senior VP | 2.67yrs | €773.43k | no data | |
| Executive Vice President of Investor Relations & Corporate Development | no data | no data | no data | |
| Executive Vice President of Group Human Resources | 7.75yrs | no data | no data | |
| Senior Vice President of Audit & Special Projects | 16yrs | no data | no data |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: VIV's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice Chairman of Supervisory Board | 5.92yrs | €97.50k | 0.0012% €288.6k | |
| Honorary Chairman | 5.92yrs | no data | no data | |
| Honorary Vice-Chairman of the Supervisory Board | no data | €30.00k | no data | |
| Censor & Special Advisor to the Chairman of the Management Board | 1.08yrs | €37.50k | 0.00052% €123.0k | |
| Member of Supervisory Board | 5.08yrs | €60.00k | no data | |
| Independent Member of Supervisory Board | 10.08yrs | €82.50k | 0.00068% €160.8k | |
| Chairman of Supervisory Board | 2.08yrs | €60.00k | 0.0030% €707.2k | |
| Independent Member of Supervisory Board | 5.92yrs | €100.00k | 0.000090% €21.3k | |
| Member of Supervisory Board | 5.58yrs | €120.00k | no data | |
| Independent Member of Supervisory Board | 4.67yrs | €135.00k | 0.000090% €21.3k |
5.6yrs
Average Tenure
54.5yo
Average Age
Experienced Board: VIV's board of directors are considered experienced (5.6 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
Vivendi SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vivendi SA
- Ticker: VIV
- Exchange: ENXTPA
- Founded: 1853
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: €23.652b
- Shares outstanding: 1.16b
- Website: https://www.vivendi.com
Number of Employees
Location
- Vivendi SA
- 42 avenue de Friedland
- Cedex 08
- Paris
- Ile-de-France
- 75380
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VIV | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Dec 2000 |
| VVU | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 2000 |
| VIV | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Dec 2000 |
| 0IIF | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Dec 2000 |
| VIVE.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Dec 2000 |
| VIV | BIT (Borsa Italiana) | Yes | Common Shares | IT | EUR | Dec 2000 |
| VVU | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Dec 2000 |
| VIVP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Dec 2000 |
| VIV | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Dec 2000 |
| VIVEN N | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Dec 2000 |
| VIVH.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Jan 2011 | |
| VVUD | DB (Deutsche Boerse AG) | UNSPONSORD ADR | DE | EUR | Jan 2011 |
Biography
Vivendi SA operates as a content media and communication company in France, rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Universal Music Group, Canal+ Group, Havas Group, Editis, Gameloft, Vivendi Village, and New Initiatives segments. The Universal Music Group segment engages in the sale of digital and physical recorded music; and exploitation of music publishing rights, as well as provision of artist and merchandising services. The Canal+ Group segment publishes and distributes premium and thematic pay-TV and free-to-air channels; and produces, sells, and distributes movies and TV series. The Havas Group segment includes communications disciplines, such as creativity, media expertise, and healthcare/wellness. The Editis segment engages in the publishing of literature, educational, and reference books, as well as selling and distribution of books. The Gameloft segment engages in the creation and publishing of downloadable video games for mobile phones, tablets, triple-play boxes, and smart TVs. The Vivendi Village segment provides ticketing services and live performances through Olympia production, festival production, and venues. The New Initiatives segment operates Dailymotion, a video content aggregation and distribution platform, as well as develops ultra-high-speed Internet service. The company was formerly known as Vivendi Universal S.A. and changed its name to Vivendi SA in April 2006. Vivendi SA was founded in 1853 and is headquartered in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/30 21:57 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.