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Market Cap

€5.3b

Last Updated

2021/04/11 18:47 UTC

Data Sources

Company Financials +

Executive Summary

ALD S.A., together with its subsidiaries, provides service leasing and vehicle fleet management services. More Details


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALD is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALD's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

ALD

2.1%

FR Transportation

1.5%

FR Market


1 Year Return

55.5%

ALD

38.3%

FR Transportation

39.4%

FR Market

Return vs Industry: ALD exceeded the French Transportation industry which returned 38.3% over the past year.

Return vs Market: ALD exceeded the French Market which returned 39.4% over the past year.


Shareholder returns

ALDIndustryMarket
7 Day2.8%2.1%1.5%
30 Day5.1%5.1%2.9%
90 Day10.1%11.5%8.0%
1 Year65.6%55.5%42.7%38.3%42.1%39.4%
3 Year9.2%-5.5%-0.3%-10.7%29.8%19.0%
5 Yearn/a42.0%23.0%72.4%47.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

10.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALD (€13.08) is trading above our estimate of fair value (€10.44)

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


Price To Earnings Ratio

PE vs Industry: ALD is good value based on its PE Ratio (10.6x) compared to the XE Transportation industry average (11.2x).

PE vs Market: ALD is good value based on its PE Ratio (10.6x) compared to the French market (25x).


Price to Earnings Growth Ratio

PEG Ratio: ALD is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: ALD is good value based on its PB Ratio (1.3x) compared to the FR Transportation industry average (1.4x).


Future Growth

How is ALD forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALD's forecast earnings growth (3.6% per year) is above the savings rate (0.4%).

Earnings vs Market: ALD's earnings (3.6% per year) are forecast to grow slower than the French market (21.3% per year).

High Growth Earnings: ALD's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALD's revenue (4.2% per year) is forecast to grow slower than the French market (6.9% per year).

High Growth Revenue: ALD's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALD's Return on Equity is forecast to be low in 3 years time (11%).


Past Performance

How has ALD performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALD has high quality earnings.

Growing Profit Margin: ALD's current net profit margins (5%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: ALD's earnings have grown by 1.6% per year over the past 5 years.

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

Earnings vs Industry: ALD had negative earnings growth (-11.4%) over the past year, making it difficult to compare to the Transportation industry average (-20.8%).


Return on Equity

High ROE: ALD's Return on Equity (12.1%) is considered low.


Financial Health

How is ALD's financial position?


Financial Position Analysis

Short Term Liabilities: ALD's short term assets (€3.5B) do not cover its short term liabilities (€8.9B).

Long Term Liabilities: ALD's short term assets (€3.5B) do not cover its long term liabilities (€12.0B).


Debt to Equity History and Analysis

Debt Level: ALD's debt to equity ratio (420.9%) is considered high.

Reducing Debt: ALD's debt to equity ratio has increased from 388.9% to 420.9% over the past 5 years.

Debt Coverage: ALD's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: Insufficient data to determine if ALD's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is ALD current dividend yield, its reliability and sustainability?

4.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALD's dividend (4.82%) is higher than the bottom 25% of dividend payers in the French market (1.28%).

High Dividend: ALD's dividend (4.82%) is in the top 25% of dividend payers in the French market (4.09%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ALD has been paying a dividend for less than 10 years.

Growing Dividend: ALD's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.8%), ALD's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALD's dividends in 3 years are forecast to be covered by earnings (55.7% payout ratio).


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Tim Albertsen (57 yo)

1.08yrs

Tenure

€769,400

Compensation

Mr. Tim T. Albertsen has been Chief Executive Officer of ALD Automotive at Société Générale SA since March 2020. He has been Chief Executive Officer of ALD S.A. since March 27, 2020 and served as its Direc...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD914.32K) is below average for companies of similar size in the French market ($USD2.89M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ALD's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: ALD's board of directors are considered experienced (3.8 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

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


Key Information

  • Name: ALD S.A.
  • Ticker: ALD
  • Exchange: ENXTPA
  • Founded: 1946
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: €5.272b
  • Shares outstanding: 403.04m
  • Website: https://www.aldautomotive.com

Number of Employees


Location

  • ALD S.A.
  • 1-3 Rue EugEne et Armand
  • Peugeot Corosa
  • Rueil-Malmaison
  • Ile-de-France
  • 92500
  • France

Listings


Biography

ALD S.A., together with its subsidiaries, provides service leasing and vehicle fleet management services. Its products and services include full service leasing, fleet management, outsourcing solutions, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 18:47
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.