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ALD

ALDENXTPA:ALD Stock Report

Market Cap

€4.8b

7D

2.6%

1Y

47.8%

Updated

27 Sep, 2021

Data

Company Financials +
ALD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health0/6
Dividends4/6

ALD Overview

ALD S.A. provides service leasing and vehicle fleet management services.

ALD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ALD
Historical stock prices
Current Share Price€12.00
52 Week High€7.89
52 Week Low€13.94
Beta1.3
1 Month Change2.74%
3 Month Change-4.61%
1 Year Change47.78%
3 Year Change-24.20%
5 Year Changen/a
Change since IPO-16.08%

Recent News & Updates

Sep 15
Is ALD S.A. (EPA:ALD) Potentially Undervalued?

Is ALD S.A. (EPA:ALD) Potentially Undervalued?

While ALD S.A. ( EPA:ALD ) might not be the most widely known stock at the moment, it received a lot of attention from...

Aug 16
Capital Allocation Trends At ALD (EPA:ALD) Aren't Ideal

Capital Allocation Trends At ALD (EPA:ALD) Aren't Ideal

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Jun 22
Estimating The Intrinsic Value Of ALD S.A. (EPA:ALD)

Estimating The Intrinsic Value Of ALD S.A. (EPA:ALD)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of ALD S.A. ( EPA:ALD...

Jun 07
Should You Investigate ALD S.A. (EPA:ALD) At €12.78?

Should You Investigate ALD S.A. (EPA:ALD) At €12.78?

While ALD S.A. ( EPA:ALD ) might not be the most widely known stock at the moment, it received a lot of attention from...

Shareholder Returns

ALDFR TransportationFR Market
7D2.6%0.8%1.4%
1Y47.8%34.2%35.8%

Return vs Industry: ALD exceeded the French Transportation industry which returned 37.3% over the past year.

Return vs Market: ALD exceeded the French Market which returned 39.2% over the past year.

Price Volatility

Is ALD's price volatile compared to industry and market?
ALD volatility
ALD Beta1.3
Industry Beta1.23
Market Beta1

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

Volatility Over Time: ALD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19466,361Tim Albertsenhttps://www.aldautomotive.com

ALD S.A. provides service leasing and vehicle fleet management services. Its products and services include full service leasing, fleet management, outsourcing solutions, and sale and lease back; fleet consultancy; tools and services for fleet managers and drivers; and services for maintenance, assistance, availability of a vehicle. The company is also involved in trading used cars and light commercial vehicles; and the retail sale of vehicles.

ALD Fundamentals Summary

How do ALD's earnings and revenue compare to its market cap?
ALD fundamental statistics
Market Cap€4.84b
Earnings (TTM)€655.00m
Revenue (TTM)€10.55b

7.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALD income statement (TTM)
Revenue€10.55b
Cost of Revenue€8.89b
Gross Profit€1.51b
Expenses€855.10m
Earnings€655.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)1.62
Gross Margin14.32%
Net Profit Margin6.21%
Debt/Equity Ratio417.8%

How did ALD perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

39%

Payout Ratio

Valuation

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

10.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALD (€12) is trading below our estimate of fair value (€13.43)

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


Price To Earnings Ratio

PE vs Industry: ALD is good value based on its PE Ratio (7.4x) compared to the European Transportation industry average (22.3x).

PE vs Market: ALD is good value based on its PE Ratio (7.4x) compared to the French market (20.8x).


Price to Earnings Growth Ratio

PEG Ratio: ALD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ALD is good value based on its PB Ratio (1.1x) compared to the FR Transportation industry average (1.5x).


Future Growth

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

-4.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALD's earnings are forecast to decline over the next 3 years (-4.8% per year).

Earnings vs Market: ALD's earnings are forecast to decline over the next 3 years (-4.8% per year).

High Growth Earnings: ALD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ALD's revenue (2.6% per year) is forecast to grow slower than the French market (6.3% per year).

High Growth Revenue: ALD's revenue (2.6% 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 (12.5%).


Past Performance

How has ALD performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALD has high quality earnings.

Growing Profit Margin: ALD's current net profit margins (6.2%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: ALD's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: ALD's earnings growth over the past year (36.4%) exceeds its 5-year average (1% per year).

Earnings vs Industry: ALD earnings growth over the past year (36.4%) exceeded the Transportation industry 21%.


Return on Equity

High ROE: ALD's Return on Equity (15.3%) is considered low.


Financial Health

How is ALD's financial position?


Financial Position Analysis

Short Term Liabilities: ALD's short term assets (€3.7B) do not cover its short term liabilities (€8.4B).

Long Term Liabilities: ALD's short term assets (€3.7B) do not cover its long term liabilities (€13.2B).


Debt to Equity History and Analysis

Debt Level: ALD's debt to equity ratio (417.8%) is considered high.

Reducing Debt: ALD's debt to equity ratio has increased from 402.5% to 417.8% over the past 5 years.

Debt Coverage: ALD's debt is not well covered by operating cash flow (0.9%).

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?

5.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALD's dividend (5.25%) is higher than the bottom 25% of dividend payers in the French market (1.28%).

High Dividend: ALD's dividend (5.25%) is in the top 25% of dividend payers in the French market (3.98%)


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 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.8%), ALD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALD's dividends in 3 years are forecast to be covered by earnings (52.6% payout ratio).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Tim Albertsen (58 yo)

1.5yrs

Tenure

€867,137

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 serves as its Direc...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD1.01M) is below average for companies of similar size in the French market ($USD2.84M).

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 (4.5 years average tenure).


Board Members

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

ALD S.A.'s 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: €4.837b
  • Shares outstanding: 403.09m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:13
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
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.