ENXTPA:TOUP

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Very undervalued with moderate growth potential.


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

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


Market Performance


7 Day Return

-2.2%

TOUP

8.0%

FR Infrastructure

-0.04%

FR Market


1 Year Return

20.0%

TOUP

-35.2%

FR Infrastructure

-6.4%

FR Market

Return vs Industry: TOUP exceeded the French Infrastructure industry which returned -38.4% over the past year.

Return vs Market: TOUP exceeded the French Market which returned -6.6% over the past year.


Shareholder returns

TOUPIndustryMarket
7 Day-2.2%8.0%-0.04%
30 Day2.3%5.3%0.6%
90 Day27.1%-3.6%-0.03%
1 Year20.0%20.0%-35.0%-35.2%-4.3%-6.4%
3 Year-54.4%-54.4%-15.4%-19.5%7.1%-2.2%
5 Year-51.8%-51.8%-2.8%-11.7%31.9%13.8%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TOUP (€6.24) is trading below our estimate of fair value (€29.27)

Significantly Below Fair Value: TOUP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TOUP is good value based on its PE Ratio (16.9x) compared to the XE Infrastructure industry average (18.3x).

PE vs Market: TOUP is good value based on its PE Ratio (16.9x) compared to the French market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: TOUP is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: TOUP is good value based on its PB Ratio (0.4x) compared to the FR Infrastructure industry average (1.4x).


Next Steps

Future Growth

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

60.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOUP's forecast earnings growth (60% per year) is above the savings rate (0.6%).

Earnings vs Market: TOUP's earnings (60% per year) are forecast to grow faster than the French market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TOUP's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: TOUP's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOUP's Return on Equity is forecast to be low in 3 years time (7.6%).


Next Steps

Past Performance

How has Touax performed over the past 5 years?

51.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOUP has high quality earnings.

Growing Profit Margin: TOUP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TOUP has become profitable over the past 5 years, growing earnings by 51.8% per year.

Accelerating Growth: TOUP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TOUP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Infrastructure industry (-47.7%).


Return on Equity

High ROE: TOUP's Return on Equity (3.6%) is considered low.


Next Steps

Financial Health

How is Touax's financial position?


Financial Position Analysis

Short Term Liabilities: TOUP's short term assets (€110.5M) do not cover its short term liabilities (€203.5M).

Long Term Liabilities: TOUP's short term assets (€110.5M) do not cover its long term liabilities (€130.9M).


Debt to Equity History and Analysis

Debt Level: TOUP's debt to equity ratio (198.1%) is considered high.

Reducing Debt: TOUP's debt to equity ratio has increased from 197.5% to 198.1% over the past 5 years.

Debt Coverage: TOUP's debt is not well covered by operating cash flow (2%).

Interest Coverage: TOUP's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TOUP'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 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

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

15.8yrs

Average management tenure


CEO

Thierry de La Brélie

15.58yrs

Tenure

Thierry Schmidt De La Brelie has been a Managing Director and Managing Director of Administration and Finance at Touax SCA (formerly known as Touax SA) since March 2005.


Leadership Team

NamePositionTenureCompensationOwnership
Fabrice Walewski
Member of Executive Committee15.75yrs€601.00k10.44%
€ 4.6m
Raphaël Walewski
Member of Executive Committee15.75yrs€578.30k9.38%
€ 4.1m
Thierry de La Brélie
Member of Executive Committee15.58yrsno datano data
Stephen Ponak
Member of Executive Committee & MD of Asset Management22.75yrsno datano data
Richard Barreau
Managing Director of Shipping Container & River Barges Divisions 6.33yrsno datano data
Torsten Wolf
Member of Executive Committeeno datano datano data
Didier Bacon
Member of Executive Committee & MD of the River Barges Divisionno datano datano data
Marco Poggio
Member of Executive Committee & MD of the Containers Divisionno datano datano data

15.8yrs

Average Tenure

54yo

Average Age

Experienced Management: TOUP's management team is seasoned and experienced (15.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alexandre Walewski
Chairman of the Supervisory Board15.08yrs€210.50k11.64%
€ 5.1m
Sylvie Perrin
Independent Member of the Supervisory Board4.33yrs€9.70k0.0071%
€ 3.1k
Jérôme Bethbeze
Independent Member of the Supervisory Board15.33yrs€11.20k0.0060%
€ 2.6k
François de Brugiere
Independent Member of the Supervisory Board12.33yrs€8.90k0.0060%
€ 2.6k
Marie Filippi
Independent Member of the Supervisory Board4.33yrs€7.70k0.014%
€ 6.2k
Julie de Germay
Independent Member of the Supervisory Board3.33yrs€7.70k0.0036%
€ 1.6k

8.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: TOUP's board of directors are considered experienced (8.3 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

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: €43.695m
  • Shares outstanding: 7.00m
  • 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 Analysis2020/10/20 20:34
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
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.