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VIE

Veolia EnvironnementENXTPA:VIE Stock Report

Market Cap

€15.7b

7D

-5.3%

1Y

54.4%

Updated

23 Sep, 2021

Data

Company Financials +
VIE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends3/6

VIE Overview

Veolia Environnement S.A. designs and provides water, waste, and energy management solutions worldwide.

Veolia Environnement Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veolia Environnement
Historical stock prices
Current Share Price€27.71
52 Week High€15.68
52 Week Low€29.94
Beta1
1 Month Change-4.68%
3 Month Change10.09%
1 Year Change54.37%
3 Year Change59.80%
5 Year Change35.27%
Change since IPO-18.21%

Recent News & Updates

Sep 05
We Think Veolia Environnement (EPA:VIE) Can Stay On Top Of Its Debt

We Think Veolia Environnement (EPA:VIE) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Aug 19
Is It Too Late To Consider Buying Veolia Environnement S.A. (EPA:VIE)?

Is It Too Late To Consider Buying Veolia Environnement S.A. (EPA:VIE)?

Veolia Environnement S.A. ( EPA:VIE ) saw a double-digit share price rise of over 10% in the past couple of months on...

Shareholder Returns

VIEFR Integrated UtilitiesFR Market
7D-5.3%-0.8%0.7%
1Y54.4%15.6%40.1%

Return vs Industry: VIE exceeded the French Integrated Utilities industry which returned 13.7% over the past year.

Return vs Market: VIE exceeded the French Market which returned 37.3% over the past year.

Price Volatility

Is VIE's price volatile compared to industry and market?
VIE volatility
VIE Beta1
Industry Beta0.84
Market Beta1

Stable Share Price: VIE is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1853171,450Antoine Frérothttps://www.veolia.com/fr

Veolia Environnement S.A. designs and provides water, waste, and energy management solutions worldwide. The company is involved in the resource management, production, and delivery of drinking water and industrial process water; collection, treatment, and recycling of wastewater; and design and construction of treatment and network infrastructure. It also provides waste collection, waste material recovery, waste-to-energy, organic waste material recovery, hazardous waste treatment, dismantling and remediation, urban cleaning, and industrial maintenance and cleaning services.

Veolia Environnement Fundamentals Summary

How do Veolia Environnement's earnings and revenue compare to its market cap?
VIE fundamental statistics
Market Cap€15.72b
Earnings (TTM)€542.40m
Revenue (TTM)€27.24b

29.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIE income statement (TTM)
Revenue€27.24b
Cost of Revenue€22.78b
Gross Profit€4.46b
Expenses€3.92b
Earnings€542.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)0.96
Gross Margin16.39%
Net Profit Margin1.99%
Debt/Equity Ratio203.0%

How did VIE perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

73%

Payout Ratio

Valuation

Is Veolia Environnement 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: VIE (€27.71) is trading below our estimate of fair value (€81.52)

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


Price To Earnings Ratio

PE vs Industry: VIE is poor value based on its PE Ratio (29x) compared to the European Integrated Utilities industry average (16.9x).

PE vs Market: VIE is poor value based on its PE Ratio (29x) compared to the French market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: VIE is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: VIE is overvalued based on its PB Ratio (2x) compared to the XE Integrated Utilities industry average (1.7x).


Future Growth

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

13.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIE's forecast earnings growth (13% per year) is above the savings rate (0.4%).

Earnings vs Market: VIE's earnings (13% per year) are forecast to grow faster than the French market (12.1% per year).

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

Revenue vs Market: VIE's revenue (2% per year) is forecast to grow slower than the French market (6.3% per year).

High Growth Revenue: VIE's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VIE's Return on Equity is forecast to be low in 3 years time (12.6%).


Past Performance

How has Veolia Environnement performed over the past 5 years?

5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIE has a large one-off loss of €296.8M impacting its June 30 2021 financial results.

Growing Profit Margin: VIE's current net profit margins (2%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: VIE's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: VIE's earnings growth over the past year (112.4%) exceeds its 5-year average (5.2% per year).

Earnings vs Industry: VIE earnings growth over the past year (112.4%) exceeded the Integrated Utilities industry 28.8%.


Return on Equity

High ROE: VIE's Return on Equity (7.6%) is considered low.


Financial Health

How is Veolia Environnement's financial position?


Financial Position Analysis

Short Term Liabilities: VIE's short term assets (€17.7B) do not cover its short term liabilities (€21.4B).

Long Term Liabilities: VIE's short term assets (€17.7B) exceed its long term liabilities (€16.2B).


Debt to Equity History and Analysis

Debt Level: VIE's debt to equity ratio (203%) is considered high.

Reducing Debt: VIE's debt to equity ratio has increased from 134.5% to 203% over the past 5 years.

Debt Coverage: VIE's debt is not well covered by operating cash flow (18.1%).

Interest Coverage: VIE's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Dividend

What is Veolia Environnement current dividend yield, its reliability and sustainability?

2.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VIE's dividend (2.53%) is higher than the bottom 25% of dividend payers in the French market (1.3%).

High Dividend: VIE's dividend (2.53%) is low compared to the top 25% of dividend payers in the French market (3.97%).


Stability and Growth of Payments

Stable Dividend: VIE's dividend payments have been volatile in the past 10 years.

Growing Dividend: VIE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.7%), VIE's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VIE's dividends in 3 years are forecast to be covered by earnings (76.4% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Antoine Frérot (63 yo)

11.83yrs

Tenure

€2,795,739

Compensation

Mr. Antoine Frérot serves as the Chairman and Chief Executive Officer at Veolia Komodity CR, s.r.o. Mr. Frérot serves as the Chairman and Chief Executive Officer of Veolia Environmental Services North Amer...


CEO Compensation Analysis

Compensation vs Market: Antoine's total compensation ($USD3.28M) is about average for companies of similar size in the French market ($USD3.34M).

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


Leadership Team

Experienced Management: VIE's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: VIE's board of directors are considered experienced (6.7 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 2.3%.


Top Shareholders

Company Information

Veolia Environnement S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Veolia Environnement S.A.
  • Ticker: VIE
  • Exchange: ENXTPA
  • Founded: 1853
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: €15.718b
  • Shares outstanding: 567.23m
  • Website: https://www.veolia.com/fr

Number of Employees


Location

  • Veolia Environnement S.A.
  • 30, rue Madeleine-Vionnet
  • Aubervilliers
  • Ile-de-France
  • 93300
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:37
End of Day Share Price2021/09/23 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.