BATS-CHIXE:CMOP

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Caisse Régionale de Crédit Agricole du Morbihan

Executive Summary

Caisse Régionale de Crédit Agricole du Morbihan provides various banking products and services to individuals, professionals, farmers, associations, and companies in France. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Caisse Régionale de Crédit Agricole du Morbihan's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine CMOP's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CMOP's volatility change over the past year.


Market Performance


7 Day Return

0%

CMOP

3.1%

GB Banks

-0.3%

GB Market


1 Year Return

n/a

CMOP

-30.2%

GB Banks

-11.0%

GB Market

Return vs Industry: Insufficient data to determine how CMOP performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how CMOP performed against the UK Market.


Shareholder returns

CMOPIndustryMarket
7 Day0%3.1%-0.3%
30 Day2.5%24.9%10.2%
90 Dayn/a23.9%6.4%
1 Yearn/a-30.0%-30.2%-7.4%-11.0%
3 Year-6.3%-13.0%-35.8%-42.0%0.9%-11.5%
5 Yearn/a-19.8%-33.0%26.5%-2.5%

Long-Term Price Volatility Vs. Market

How volatile is Caisse Régionale de Crédit Agricole du Morbihan's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Caisse Régionale de Crédit Agricole du Morbihan undervalued compared to its fair value and its price relative to the market?

10.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CMOP (€62.5) is trading below our estimate of fair value (€69.41)

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


Price To Earnings Ratio

PE vs Industry: CMOP is good value based on its PE Ratio (7.5x) compared to the GB Banks industry average (11.2x).

PE vs Market: CMOP is good value based on its PE Ratio (7.5x) compared to the UK market (20.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CMOP is good value based on its PB Ratio (0.3x) compared to the GB Banks industry average (0.6x).


Next Steps

Future Growth

How is Caisse Régionale de Crédit Agricole du Morbihan forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

46.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Caisse Régionale de Crédit Agricole du Morbihan has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Caisse Régionale de Crédit Agricole du Morbihan performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMOP has high quality earnings.

Growing Profit Margin: CMOP's current net profit margins (23.6%) are lower than last year (30.1%).


Past Earnings Growth Analysis

Earnings Trend: CMOP's earnings have grown by 3.3% per year over the past 5 years.

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

Earnings vs Industry: CMOP had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Banks industry average (-25.7%).


Return on Equity

High ROE: CMOP's Return on Equity (2.8%) is considered low.


Next Steps

Financial Health

How is Caisse Régionale de Crédit Agricole du Morbihan's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CMOP's Assets to Equity ratio (7.2x) is low.

Allowance for Bad Loans: CMOP has a sufficient allowance for bad loans (102%).

Low Risk Liabilities: 91% of CMOP's liabilities are made up of primarily low risk sources of funding.

Loan Level: CMOP has an appropriate level of Loans to Assets ratio (85%).

Low Risk Deposits: CMOP's Loans to Deposits ratio (109%) is appropriate.

Level of Bad Loans: CMOP has an appropriate level of bad loans (1.9%).


Next Steps

Dividend

What is Caisse Régionale de Crédit Agricole du Morbihan current dividend yield, its reliability and sustainability?

2.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CMOP's dividend (2.97%) is higher than the bottom 25% of dividend payers in the UK market (1.72%).

High Dividend: CMOP's dividend (2.97%) is low compared to the top 25% of dividend payers in the UK market (4.94%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.2%), CMOP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.8yrs

Average board tenure


CEO

Pierre-Louis Boissiere (62 yo)

7.83yrs

Tenure

€296,106

Compensation

Mr. Pierre-Louis Boissiere serves as Chief Executive Officer of Caisse Régionale de Crédit Agricole du Morbihan. Mr. Boissiere served as Managing Director at SARL Société de Developpement du Port du Croues...


CEO Compensation Analysis

Compensation vs Market: Pierre-Louis's total compensation ($USD352.55K) is below average for companies of similar size in the UK market ($USD887.49K).

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


Board Members

NamePositionTenureCompensationOwnership
Hervé Le Floc'h
Chairman of the Board3.67yrs€60.19kno data
Patrick Guerizec
Independent Vice President of the Boardno datano datano data
Hervé Brule
Directorno datano datano data
Catherine Gautier
Director5.83yrsno datano data
Eric Le Fouler
Directorno datano datano data
Denis Perrault
Directorno datano datano data
Alain Dreano
Director13.83yrsno datano data
Jean-Jacques Guillermic
Independent Vice President of the Boardno datano datano data
Philippe Le Coroller
Directorno datano datano data
Gilles Le Peih
Independent Vice President of the Boardno datano datano data
Elise Peron
Directorno datano datano data
Joseph Robin
Independent Vice President of the Boardno datano datano data

5.8yrs

Average Tenure

Experienced Board: CMOP's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Caisse Régionale de Crédit Agricole du Morbihan's company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Caisse Régionale de Crédit Agricole du Morbihan
  • Avenue de Kéranguen
  • Cedex 9
  • Vannes
  • Brittany
  • 56956
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMOENXTPA (Euronext Paris)YesCo-Operative Investment CertificatesFREURJan 1992
0AHXLSE (London Stock Exchange)YesCo-Operative Investment CertificatesGBEURJan 1992
CMOPBATS-CHIXE (BATS 'Chi-X Europe')YesCo-Operative Investment CertificatesGBEURJan 1992

Biography

Caisse Régionale de Crédit Agricole du Morbihan provides various banking products and services to individuals, professionals, farmers, associations, and companies in France. It offers current and savings a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:21
End of Day Share Price2020/11/04 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.