ENXTPA:COUR

Stock Analysis Report

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Executive Summary

Courtois S.A. renovates and sells real estate properties located in the Midi-Pyrenees and Paris regions in France. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.9%

COUR

-1.1%

FR Real Estate

0.4%

FR Market


1 Year Return

-7.5%

COUR

-19.2%

FR Real Estate

-6.0%

FR Market

Return vs Industry: COUR exceeded the French Real Estate industry which returned -20.2% over the past year.

Return vs Market: COUR exceeded the French Market which returned -8.5% over the past year.


Shareholder returns

COURIndustryMarket
7 Day-0.9%-1.1%0.4%
30 Day-0.9%-5.8%-1.8%
90 Day-3.5%-5.1%-3.2%
1 Year-7.5%-7.5%-15.6%-19.2%-3.9%-6.0%
3 Year-9.7%-11.9%-12.7%-23.6%4.1%-5.0%
5 Year26.0%15.6%45.7%19.9%34.4%14.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

46.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate COUR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate COUR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: COUR is poor value based on its PE Ratio (46.8x) compared to the FR Real Estate industry average (9.4x).

PE vs Market: COUR is poor value based on its PE Ratio (46.8x) compared to the French market (17x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: COUR is good value based on its PB Ratio (0.4x) compared to the FR Real Estate industry average (0.9x).


Next Steps

Future Growth

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

4.2%

Forecasted Real Estate 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 Courtois 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 Courtois performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COUR has a large one-off gain of €100.0K impacting its December 31 2019 financial results.

Growing Profit Margin: COUR's current net profit margins (3%) are lower than last year (22.3%).


Past Earnings Growth Analysis

Earnings Trend: COUR's earnings have grown by 0.3% per year over the past 5 years.

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

Earnings vs Industry: COUR had negative earnings growth (-69%) over the past year, making it difficult to compare to the Real Estate industry average (3.7%).


Return on Equity

High ROE: COUR's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is Courtois's financial position?


Financial Position Analysis

Short Term Liabilities: COUR's short term assets (€20.8M) exceed its short term liabilities (€7.6M).

Long Term Liabilities: COUR's short term assets (€20.8M) exceed its long term liabilities (€7.3M).


Debt to Equity History and Analysis

Debt Level: COUR's debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: COUR's debt to equity ratio has reduced from 32.2% to 26% over the past 5 years.

Debt Coverage: COUR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: COUR's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate COUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate COUR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if COUR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if COUR's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

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

18.3yrs

Average board tenure


CEO

Jennifer de Viçose

4.42yrs

Tenure

€219,000

Compensation

Ms. Jennifer Courtois De Viçose serves as Chairwoman at Courtois SA and has been its Chief Executive Officer since April 1, 2016. Ms. De Viçose serves as Chief Development Officer of Courtois SA. She serve ...


CEO Compensation Analysis

Compensation vs Market: Jennifer's total compensation ($USD257.16K) is about average for companies of similar size in the French market ($USD310.02K).

Compensation vs Earnings: Jennifer's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Jennifer de Viçose
Chairwoman4.42yrs€219.00kno data
Jean-Louis Courtois de Viçose
Director30.33yrs€2.00k0.29%
€ 23.4k
Jacques Raibaut
Independent Director21.33yrs€4.00kno data
Jean-Jacques Pons-Germain
Independent Director10.33yrs€2.00kno data
Jacques Gayral
Independent Director15.33yrs€2.00kno data
Arthur Desmazures
no data€4.00kno data

18.3yrs

Average Tenure

Experienced Board: COUR's board of directors are seasoned and experienced ( 18.3 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

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


Key Information

  • Name: Courtois S.A.
  • Ticker: COUR
  • Exchange: ENXTPA
  • Founded:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: €8.044m
  • Shares outstanding: 72.46k
  • Website: https://www.courtois-sa.com

Location

  • Courtois S.A.
  • 3, Rue Mage
  • BP 48531
  • Toulouse
  • Midi-Pyrénées
  • 31000
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COURENXTPA (Euronext Paris)YesRegistered SharesFREURJan 1992
0O3DLSE (London Stock Exchange)YesRegistered SharesGBEURJan 1992
COURPBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 1992

Biography

Courtois S.A. renovates and sells real estate properties located in the Midi-Pyrenees and Paris regions in France. The company is based in Toulouse, France.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 20:42
End of Day Share Price2020/09/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.