ENXTPA:TOUP

Stock Analysis Report

Executive Summary

Touax SCA engages in the operational leasing, sale, and management of mobile standardized equipment worldwide.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

TOUP

3.9%

FR Infrastructure

1.6%

FR Market


1 Year Return

-29.8%

TOUP

1.2%

FR Infrastructure

9.6%

FR Market

Return vs Industry: TOUP underperformed the French Infrastructure industry which returned 1.2% over the past year.

Return vs Market: TOUP underperformed the French Market which returned 9.6% over the past year.


Shareholder returns

TOUPIndustryMarket
7 Day0%3.9%1.6%
30 Day12.8%5.5%0.6%
90 Day4.9%2.2%0.6%
1 Year-29.8%-29.8%3.7%1.2%13.4%9.6%
3 Year-55.0%-55.0%91.0%77.9%42.9%29.1%
5 Year-63.1%-64.3%87.8%67.8%71.1%45.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: TOUP (€5.1) is trading above our estimate of fair value (€3.68)

Significantly Undervalued: TOUP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TOUP is unprofitable, so we can't compare its PE Ratio to the Infrastructure industry average.

PE vs Market: TOUP is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TOUP is good value based on its PB Ratio (0.3x) compared to the FR Infrastructure industry average (1.6x).


Next Steps

Future Growth

How is Touax forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

121.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOUP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TOUP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TOUP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TOUP's revenue (2.9% per year) is forecast to grow slower than the French market (4.5% per year).

High Growth Revenue: TOUP's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: TOUP's Return on Equity is forecast to be low in 3 years time (4.6%).


Next Steps

Past Performance

How has Touax performed over the past 5 years?

36.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TOUP is unprofitable, but has reduced losses over the past 5 years at a rate of 36.6% per year.

Accelerating Growth: Unable to compare TOUP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TOUP is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (9.8%).


Return on Equity

High ROE: TOUP has a negative Return on Equity (-2.32%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: TOUP is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TOUP is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Touax's financial position?


Financial Position Analysis

Short Term Liabilities: TOUP's short term assets (€141.2M) do not cover its short term liabilities (€207.2M)

Long Term Liabilities: TOUP's short term assets (141.2M) exceeds its long term liabilities (137.3M)


Debt to Equity History and Analysis

Debt Level: TOUP's debt to equity ratio (200.8%) is considered high

Reducing Debt: TOUP's debt to equity ratio has increased from 199.9% to 200.8% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: TOUP's debt is not covered by short term assets (assets are 0.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TOUP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TOUP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%4.6%industryaverage3.9%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

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

21.8yrs

Average management tenure


CEO

Thierry de La Brélie 0

14.6yrs

Tenure

0

Thierry Schmidt De La Brelie has been a Managing Director and Finance Director at Touax SA since March 2005 and served as its Director of Administration and Accounting. 


Management Age and Tenure

21.8yrs

Average Tenure

53yo

Average Age

Experienced Management: TOUP's management team is seasoned and experienced (21.8 years average tenure).


Board Age and Tenure

7.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: TOUP's board of directors are considered experienced (7.3 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Fabrice Walewski (51yo)

    Managing Partner & Member of Management Board

    • Tenure: 25.3yrs
    • Compensation: €544.20k
  • Raphaël Walewski (53yo)

    Managing Partner & Member of Management Board

    • Tenure: 25.3yrs
    • Compensation: €521.00k
  • Stephen Ponak (59yo)

    Managing Director of Asset Management

    • Tenure: 21.8yrs
  • Thierry de La Brélie

    MD & Finance Director

    • Tenure: 14.6yrs
  • Richard Barreau

    Managing Director of Shipping Container & River Barges Divisions

    • Tenure: 5.3yrs

Board Members

  • Alexandre Walewski (85yo)

    Chairman of the Supervisory Board

    • Tenure: 14.1yrs
    • Compensation: €209.80k
  • Sylvie Perrin (52yo)

    Member of the Supervisory Board

    • Tenure: 3.3yrs
    • Compensation: €8.60k
  • Jérôme Bethbeze (56yo)

    Member of the Supervisory Board

    • Tenure: 14.3yrs
    • Compensation: €11.90k
  • François de Brugiere (64yo)

    Member of the Supervisory Board

    • Tenure: 11.3yrs
    • Compensation: €8.60k
  • Marie FILIPPI (55yo)

    Member of the Supervisory Board

    • Tenure: 3.3yrs
    • Compensation: €8.60k
  • Julie de Germay (47yo)

    Member of the Supervisory Board

    • Tenure: 2.3yrs
    • Compensation: €8.60k

Company Information

Touax SCA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Touax SCA
  • Ticker: TOUP
  • Exchange: ENXTPA
  • Founded: 1853
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: €35.730m
  • Shares outstanding: 7.01m
  • Website: https://www.touax.com

Number of Employees


Location

  • Touax SCA
  • Tour Franklin
  • 23rd Floor
  • La Défense
  • Ile-de-France
  • 92042
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOUPENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
0IXNLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
TOUACENXTPA (Euronext Paris)7.95%-FRN SUB PERP EUR25000FREURNov 2013

Biography

Touax SCA engages in the operational leasing, sale, and management of mobile standardized equipment worldwide. The company operates through Freight Railcars, River Barges, and Shipping Containers divisions ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:46
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.