ENXTPA:GRVO

Stock Analysis Report

Executive Summary

Graines Voltz engages in distribution of flower and vegetable seeds, and young plants.

Rewards

Trading at 8.9% below its fair value

Earnings grew by 142.6% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

Does not have a meaningful market cap (€73M)



Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

3.6%

GRVO

2.3%

FR Retail Distributors

-0.9%

FR Market


1 Year Return

50.0%

GRVO

39.4%

FR Retail Distributors

20.4%

FR Market

Return vs Industry: GRVO exceeded the French Retail Distributors industry which returned 39.4% over the past year.

Return vs Market: GRVO exceeded the French Market which returned 20.4% over the past year.


Shareholder returns

GRVOIndustryMarket
7 Day3.6%2.3%-0.9%
30 Day0%0.5%-0.2%
90 Day-0.9%0.5%4.2%
1 Year68.8%50.0%51.2%39.4%24.4%20.4%
3 Year254.2%188.6%146.3%116.6%42.4%28.8%
5 Year249.9%185.1%39.6%20.0%74.6%49.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GRVO (€57) is trading below our estimate of fair value (€62.6)

Significantly Below Fair Value: GRVO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GRVO is good value based on its PE Ratio (7.3x) compared to the Retail Distributors industry average (10.7x).

PE vs Market: GRVO is good value based on its PE Ratio (7.3x) compared to the French market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GRVO is overvalued based on its PB Ratio (2x) compared to the XE Retail Distributors industry average (1.4x).


Next Steps

Future Growth

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

13.6%

Forecasted Retail 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 Graines Voltz 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 Graines Voltz performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GRVO has high quality earnings.

Growing Profit Margin: GRVO's current net profit margins (12.8%) are higher than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: GRVO's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: GRVO's earnings growth over the past year (142.6%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: GRVO earnings growth over the past year (142.6%) exceeded the Retail Distributors industry -1.9%.


Return on Equity

High ROE: Whilst GRVO's Return on Equity (28.1%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Graines Voltz's financial position?


Financial Position Analysis

Short Term Liabilities: GRVO's short term assets (€87.1M) exceed its short term liabilities (€58.6M).

Long Term Liabilities: GRVO's short term assets (€87.1M) exceed its long term liabilities (€5.9M).


Debt to Equity History and Analysis

Debt Level: GRVO's debt to equity ratio (111.9%) is considered high.

Reducing Debt: GRVO's debt to equity ratio has reduced from 250% to 111.9% over the past 5 years.

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

Interest Coverage: GRVO's interest payments on its debt are well covered by EBIT (45.2x coverage).


Balance Sheet

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

Debt Coverage by Assets: GRVO's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

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

10.53%

Current Dividend Yield


Dividend Yield vs Market

company10.5%marketbottom25%1.5%markettop25%4.6%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: GRVO's dividend (10.53%) is higher than the bottom 25% of dividend payers in the French market (1.49%).

High Dividend: GRVO's dividend (10.53%) is in the top 25% of dividend payers in the French market (4.6%)


Stability and Growth of Payments

Stable Dividend: GRVO has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GRVO's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.8%), GRVO's payments are 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

What is the CEO of Graines Voltz's salary, the management and board of directors tenure and is there insider trading?

€209k

CEO Compensation


CEO

Serge Voltz 0

0yrs

Tenure

€208,614

Compensation

Mr. Serge Voltz serves as the Chief Executive Officer and Chairman of Graines Voltz. Mr. Voltz serves as the Chief Executive Officer of Ball Durettet. Mr. Voltz serves as the Chief Executive Officer of Sau ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Serge Voltz

    Chairman and Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: €208.61k

Board Members

  • Serge Voltz

    Chairman and Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: €208.61k
  • Christian Voltz

    Director

    • Tenure: 0yrs
    • Compensation: €2.85k
  • Martine Voltz

    Director

    • Tenure: 0yrs
  • Henri Fuchs

    Director

    • Tenure: 0yrs
  • Géraldine Voltz

    Director

    • Tenure: 0yrs

Company Information

Graines Voltz's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Graines Voltz
  • Ticker: GRVO
  • Exchange: ENXTPA
  • Founded: 1985
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: €72.531m
  • Shares outstanding: 1.30m
  • Website: https://www.graines-voltz.com

Number of Employees


Location

  • Graines Voltz
  • 1 rue Edouard Branly
  • Colmar
  • Alsace
  • 68000
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRVOENXTPA (Euronext Paris)YesOrdinary SharesFREURNov 1998
0ORKLSE (London Stock Exchange)YesOrdinary SharesGBEURNov 1998
GRVOPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURNov 1998

Biography

Graines Voltz engages in distribution of flower and vegetable seeds, and young plants. The company was founded in 1985 and is headquartered in Colmar, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/08 20:35
End of Day Share Price2019/12/06 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.