ENXTPA:RUI

Stock Analysis Report

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Executive Summary

Rubis, through its subsidiaries, engages in the operation of bulk liquid storage facilities and distribution of petroleum products in Europe, Africa, and the Caribbean. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RUI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.8%

RUI

-1.2%

FR Gas Utilities

-0.8%

FR Market


1 Year Return

-38.9%

RUI

-17.1%

FR Gas Utilities

-6.6%

FR Market

Return vs Industry: RUI underperformed the French Gas Utilities industry which returned -18.2% over the past year.

Return vs Market: RUI underperformed the French Market which returned -6.2% over the past year.


Shareholder returns

RUIIndustryMarket
7 Day0.8%-1.2%-0.8%
30 Day-13.6%-1.1%0.3%
90 Day-24.1%-6.6%-1.4%
1 Year-36.5%-38.9%-12.6%-17.1%-4.5%-6.6%
3 Year-36.5%-42.4%5.6%-8.5%6.8%-2.5%
5 Year-2.2%-16.4%18.3%-12.4%32.1%12.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RUI (€31.02) is trading below our estimate of fair value (€33.6)

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


Price To Earnings Ratio

PE vs Industry: RUI is poor value based on its PE Ratio (18x) compared to the XE Gas Utilities industry average (13.3x).

PE vs Market: RUI is good value based on its PE Ratio (18x) compared to the French market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: RUI is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: RUI's PB Ratio (1.3x) is in line with the XE Gas Utilities industry average.


Next Steps

Future Growth

How is Rubis forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

15.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RUI's forecast earnings growth (15.8% per year) is above the savings rate (0.6%).

Earnings vs Market: RUI's earnings (15.8% per year) are forecast to grow slower than the French market (24.6% per year).

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

Revenue vs Market: RUI's revenue (3% per year) is forecast to grow slower than the French market (6.7% per year).

High Growth Revenue: RUI's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RUI's Return on Equity is forecast to be low in 3 years time (11.6%).


Next Steps

Past Performance

How has Rubis performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RUI has high quality earnings.

Growing Profit Margin: RUI's current net profit margins (3.7%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: RUI's earnings have grown by 6.3% per year over the past 5 years.

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

Earnings vs Industry: RUI had negative earnings growth (-26.5%) over the past year, making it difficult to compare to the Gas Utilities industry average (10%).


Return on Equity

High ROE: RUI's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is Rubis's financial position?


Financial Position Analysis

Short Term Liabilities: RUI's short term assets (€2.2B) exceed its short term liabilities (€980.7M).

Long Term Liabilities: RUI's short term assets (€2.2B) exceed its long term liabilities (€1.5B).


Debt to Equity History and Analysis

Debt Level: RUI's debt to equity ratio (54.2%) is considered high.

Reducing Debt: RUI's debt to equity ratio has reduced from 61.3% to 54.2% over the past 5 years.

Debt Coverage: RUI's debt is well covered by operating cash flow (53.7%).

Interest Coverage: RUI's interest payments on its debt are well covered by EBIT (12.6x coverage).


Balance Sheet


Next Steps

Dividend

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

5.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RUI's dividend (5.64%) is higher than the bottom 25% of dividend payers in the French market (1.5%).

High Dividend: RUI's dividend (5.64%) is in the top 25% of dividend payers in the French market (5.18%)


Stability and Growth of Payments

Stable Dividend: RUI's dividends per share have been stable in the past 10 years.

Growing Dividend: RUI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.7%), RUI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RUI's dividends in 3 years are forecast to be covered by earnings (60.4% payout ratio).


Next Steps

Management

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

4.8yrs

Average board tenure


CEO

Christian Cochet

no data

Tenure

Mr. Christian Cochet serves as Chief Executive Officer of Rubis Energie and Rubis Support & Services at Rubis. Mr. Cochet is an Non Executive Director at KenolKobil Plc since April 2019. Mr. Cochet has exp ...


Board Members

NamePositionTenureCompensationOwnership
Hervé Claquin
Non Independent Member of Supervisory Board13.33yrs€17.00k0.050%
€ 1.6m
Marc-Olivier Laurent
Independent Member of Supervisory Board1.33yrs€8.50k0.00025%
€ 8.0k
Chantal Mazzacurati
Independent Member of Supervisory Board10.33yrs€33.00k0.0065%
€ 210.0k
Erik Pointillart
Non-Independent Member of Supervisory Board17.58yrs€13.50k0.0043%
€ 139.4k
Olivier Heckenroth
Chairman of Supervisory Boardno data€38.50k0.0075%
€ 242.1k
Carole Fiquemont
Independent Member of Supervisory Board1.33yrs€5.00k0.0012%
€ 37.6k
Marie-Helene Dessailly
Independent Member of Supervisory Board4.33yrs€17.00k0.0014%
€ 44.6k
Laure Grimonpret-Tahon
Independent Member of Supervisory Board5.33yrs€10.00k0.00042%
€ 13.5k
Aurélie Goulart-Lechevalier
Independent Member of Supervisory Board1.33yrs€5.00k0.00010%
€ 3.2k

4.8yrs

Average Tenure

68yo

Average Age

Experienced Board: RUI's board of directors are considered experienced (4.8 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 been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Rubis
  • Ticker: RUI
  • Exchange: ENXTPA
  • Founded: 1990
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: €3.211b
  • Shares outstanding: 103.52m
  • Website: https://www.rubis.fr

Number of Employees


Location

  • Rubis
  • 46, rue Boissière
  • Paris
  • Ile-de-France
  • 75116
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RUBS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
RUIENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
BYNNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0RTSLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
RUIPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
RBSF.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDJul 2014

Biography

Rubis, through its subsidiaries, engages in the operation of bulk liquid storage facilities and distribution of petroleum products in Europe, Africa, and the Caribbean. It operates terminals that provide b ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 20:30
End of Day Share Price2020/10/19 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.