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Compagnie des Alpes

LSE:0N7N
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0N7N
LSE
€630M
Market Cap
  1. Home
  2. GB
  3. Consumer Services
Company description

Compagnie des Alpes SA, together with its subsidiaries, operates leisure facilities. The last earnings update was 113 days ago. More info.


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0N7N Share Price and Events
7 Day Returns
0.6%
LSE:0N7N
2.6%
GB Hospitality
1.5%
GB Market
1 Year Returns
-10.7%
LSE:0N7N
-9.1%
GB Hospitality
-6.3%
GB Market
0N7N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Compagnie des Alpes (0N7N) 0.6% 2.4% 2.7% -10.7% 76.5% 64%
GB Hospitality 2.6% -0.3% -2.5% -9.1% 9.8% 29.5%
GB Market 1.5% -2.1% 1.8% -6.3% 15.4% 2%
1 Year Return vs Industry and Market
  • 0N7N underperformed the Hospitality industry which returned -9.1% over the past year.
  • 0N7N underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.3% over the past year.
Price Volatility
0N7N
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Compagnie des Alpes undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Compagnie des Alpes to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Compagnie des Alpes.

LSE:0N7N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0N7N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.932 (1 + (1- 33%) (68.83%))
1.242
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.242 * 6.65%)
9.49%

Discounted Cash Flow Calculation for LSE:0N7N using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Compagnie des Alpes is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:0N7N DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.49%)
2019 -12.60 Analyst x2 -11.51
2020 9.80 Analyst x2 8.18
2021 19.30 Analyst x2 14.71
2022 21.21 Est @ 9.89% 14.76
2023 22.75 Est @ 7.29% 14.46
2024 24.00 Est @ 5.47% 13.93
2025 25.01 Est @ 4.2% 13.26
2026 25.83 Est @ 3.31% 12.51
2027 26.53 Est @ 2.68% 11.73
2028 27.12 Est @ 2.25% 10.96
Present value of next 10 years cash flows €102.99
LSE:0N7N DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €27.12 × (1 + 1.23%) ÷ (9.49% – 1.23%)
€332.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €332.42 ÷ (1 + 9.49%)10
€134.31
LSE:0N7N Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €102.99 + €134.31
€237.30
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €237.30 / 24.44
€9.71
LSE:0N7N Discount to Share Price
Calculation Result
Value per share (EUR) From above. €10.03
Current discount Discount to share price of €26.65
= -1 x (€26.65 - €10.03) / €10.03
-165.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Compagnie des Alpes is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Compagnie des Alpes's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Compagnie des Alpes's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0N7N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €2.19
ENXTPA:CDA Share Price ** ENXTPA (2019-05-17) in EUR €25.8
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio Median Figure of 34 Publicly-Listed Hospitality Companies 17.83x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Compagnie des Alpes.

LSE:0N7N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:CDA Share Price ÷ EPS (both in EUR)

= 25.8 ÷ 2.19

11.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compagnie des Alpes is good value based on earnings compared to the GB Hospitality industry average.
  • Compagnie des Alpes is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Compagnie des Alpes's expected growth come at a high price?
Raw Data
LSE:0N7N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
5%per year
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio Median Figure of 28 Publicly-Listed Hospitality Companies 2.02x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

LSE:0N7N PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.77x ÷ 5%

2.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compagnie des Alpes is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Compagnie des Alpes's assets?
Raw Data
LSE:0N7N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €33.75
ENXTPA:CDA Share Price * ENXTPA (2019-05-17) in EUR €25.8
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio Median Figure of 54 Publicly-Listed Hospitality Companies 1.4x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,368 Publicly-Listed Companies 1.5x
LSE:0N7N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:CDA Share Price ÷ Book Value per Share (both in EUR)

= 25.8 ÷ 33.75

0.76x

* Primary Listing of Compagnie des Alpes.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compagnie des Alpes is good value based on assets compared to the GB Hospitality industry average.
X
Value checks
We assess Compagnie des Alpes's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Compagnie des Alpes has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Compagnie des Alpes expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Compagnie des Alpes expected to grow at an attractive rate?
  • Compagnie des Alpes's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Compagnie des Alpes's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Compagnie des Alpes's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0N7N Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0N7N Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 5%
LSE:0N7N Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 3.5%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0N7N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0N7N Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 889 210 63 3
2020-09-30 872 204 59 5
2019-09-30 841 193 58 5
LSE:0N7N Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 801 198 54
2018-06-30 795 203 59
2018-03-31 795 208 40
2017-12-31 778 195 36
2017-09-30 756 182 56
2017-06-30 746 48
2017-03-31 735 178 40
2016-12-31 728 182 37
2016-09-30 720 186 33
2016-06-30 719 34
2016-03-31 719 187 34
2015-12-31 707 175 32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Compagnie des Alpes's earnings are expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
  • Compagnie des Alpes's revenue is expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0N7N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Compagnie des Alpes Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0N7N Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 2.49 2.50 2.47 2.00
2020-09-30 2.41 2.51 2.25 4.00
2019-09-30 2.37 2.43 2.28 4.00
LSE:0N7N Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 2.19
2018-06-30 2.42
2018-03-31 1.63
2017-12-31 1.46
2017-09-30 2.30
2017-06-30 1.98
2017-03-31 1.65
2016-12-31 1.51
2016-09-30 1.38
2016-06-30 1.39
2016-03-31 1.40
2015-12-31 1.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Compagnie des Alpes is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Compagnie des Alpes's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Compagnie des Alpes has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Compagnie des Alpes performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Compagnie des Alpes's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Compagnie des Alpes has delivered over 20% year on year earnings growth in the past 5 years.
  • Compagnie des Alpes's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Compagnie des Alpes's 1-year earnings growth is negative, it can't be compared to the GB Hospitality industry average.
Earnings and Revenue History
Compagnie des Alpes's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Compagnie des Alpes Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0N7N Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 801.23 53.51 406.90
2018-06-30 794.79 59.00 406.75
2018-03-31 794.58 39.76 414.37
2017-12-31 778.38 35.54 406.68
2017-09-30 755.95 56.06 391.21
2017-06-30 745.62 48.09 581.35
2017-03-31 735.31 40.07 387.27
2016-12-31 727.74 36.77 385.74
2016-09-30 720.18 33.46 384.22
2016-06-30 719.39 33.71 380.02
2016-03-31 718.56 33.96 381.24
2015-12-31 707.24 32.01 380.02
2015-09-30 695.92 30.06 378.81
2015-06-30 698.98 31.23 190.89
2015-03-31 702.07 32.46 381.79
2014-12-31 697.53 29.06 379.16
2014-09-30 692.99 25.67 376.54
2014-03-31 682.09 11.22 372.55
2013-12-31 680.06 8.43 372.30
2013-09-30 678.03 5.64 372.04
2013-03-31 691.50 28.07 370.09
2012-12-31 684.59 27.90 368.30
2012-09-30 677.68 27.73 366.52
2012-06-30 674.73 29.88 367.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Compagnie des Alpes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Compagnie des Alpes used its assets less efficiently than the GB Hospitality industry average last year based on Return on Assets.
  • Compagnie des Alpes has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Compagnie des Alpes's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Compagnie des Alpes has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Compagnie des Alpes's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Compagnie des Alpes's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Compagnie des Alpes's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Compagnie des Alpes's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Compagnie des Alpes's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Compagnie des Alpes Company Filings, last reported 7 months ago.

LSE:0N7N Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 879.16 433.94 32.30
2018-06-30 879.16 433.94 32.30
2018-03-31 889.55 324.06 54.80
2017-12-31 889.55 324.06 54.80
2017-09-30 832.37 427.32 47.77
2017-06-30 832.37 427.32 47.77
2017-03-31 855.50 421.65 164.47
2016-12-31 855.50 421.65 164.47
2016-09-30 805.70 405.09 34.87
2016-06-30 805.70 405.09 34.87
2016-03-31 828.70 348.57 85.30
2015-12-31 828.70 348.57 85.30
2015-09-30 782.56 400.73 40.24
2015-06-30 782.56 400.73 40.24
2015-03-31 802.23 364.23 93.11
2014-12-31 802.23 364.23 93.11
2014-09-30 760.01 455.51 47.99
2014-03-31 778.25 357.86 41.69
2013-12-31 778.25 357.86 41.69
2013-09-30 746.30 448.42 35.15
2013-03-31 801.43 334.65 38.82
2012-12-31 801.43 334.65 38.82
2012-09-30 778.17 397.77 32.78
2012-06-30 778.17 397.77 32.78
  • Compagnie des Alpes's level of debt (49.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (59.9% vs 49.4% today).
  • Debt is well covered by operating cash flow (45.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12x coverage).
X
Financial health checks
We assess Compagnie des Alpes's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Compagnie des Alpes has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Compagnie des Alpes's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.52%
Current annual income from Compagnie des Alpes dividends. Estimated to be 2.83% next year.
If you bought €2,000 of Compagnie des Alpes shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Compagnie des Alpes's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2%).
  • Compagnie des Alpes's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.27%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0N7N Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0N7N Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.74 3.00
2020-09-30 0.75 5.00
2019-09-30 0.71 5.00
LSE:0N7N Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-01-28 0.650 2.581
2018-12-10 0.650 2.783
2018-01-30 0.500 1.736
2017-12-12 0.500 1.487
2017-03-13 0.400 1.586
2016-02-01 0.400 2.381
2015-12-15 0.400 2.696
2015-01-30 0.350 2.055
2014-12-18 0.350 2.289
2014-05-26 0.000 0.000
2014-05-22 0.000 0.000
2014-01-30 0.000 0.000
2013-12-19 0.000 0.000
2012-12-19 0.700 4.514
2012-03-19 0.850 6.222
2011-01-31 1.000 5.231
2010-12-15 1.000 4.231
2010-01-29 1.000 4.422
2009-12-15 1.000 3.812

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compagnie des Alpes has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Compagnie des Alpes has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Compagnie des Alpes's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).
X
Income/ dividend checks
We assess Compagnie des Alpes's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Compagnie des Alpes afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Compagnie des Alpes has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dominique Marcel
COMPENSATION €515,541
AGE 63
TENURE AS CEO 10.2 years
CEO Bio

Mr. Dominique Marcel was the Chairman and Chief Executive Officer of Compagnie des Alpes SA since March 19, 2009 until November 2018 and also served as its Member of The Management Board until November 2018. Mr. Marcel served as the Chief Financial Officer at Caisse d'Epargne Bretagne Pays de la Loire (alternate name, Caisse d'Epargne Bretagne). Mr. Marcel served as Chairman of the Management Board at Compagnie des Alpes SA from October 14, 2008 to March 19, 2009 and its Chairman of Supervisory Board from December 15, 2005 to October 14, 2008. He previously served as Member of the Management Board at Compagnie des Alpes SA from June 28, 2005 to March 19, 2009. Mr. Marcel served as a Senior Executive Vice President of Group Finance and Strategy of Caisse Des Dépôts Et Consignations since 2003. He served as the Chief Executive Officer and Chairman of Financière Transdev until July 2008. Mr. Marcel served as a Finance Director of Caisse des Dépôts Group and previously served as a Financial Manager since November 2003. He served as Vice President of Finance and Strategy and Member of the Management Board at Caisse des Dépôts et Consignations. He served as a Director of Finance and Strategy at the Caisse des dépôts from November 2003 to June 2008. Mr. Marcel was a General partner of SCI Bayoli. He served as the Chairman and Chief Executive Officer of CDC Entreprises CapitalInvestissement. He served as a Vice President of Finance and Strategy at Accor S.A. Since 2002, he served as Inspector General of Finance of France. Mr. Marcel served as a Permanent Representative of Financière Transdev. Since 2000, he also served as Deputy Manager of the first Minister's private staff, from 1997 to 2000, Manager of the private staff of the Minister for Employment and Solidarity, since 1995 and Under-Secretary and Assistant Manager in charge of savings, provident systems and financial markets in the Treasury department. Since 1993, he served as an Economics Adviser to the President of France (economy). Since 1992, he served as an Adviser in charge of Monetary, Banking and Financial Affairs. He served as a Member of the private staff of the Minister of Economy and Finance. Since 1991, he served as Technical Adviser of economy and finance. Mr. Marcel also served as a Member of the first minister's private staff/Economics and Finance Advisor, Office of the Prime Minister. Since 1989, he served as Head/Manager of the office of Credit Insurance and Export Financing in the Treasury department, since 1986 Mr. Marcel served as Deputy Secretary General to the Interdepartmental committee of industrial restructuring and since 1983, he served as an Assistant/Deputy Manager of French investment in France and foreign investment in France, in the Treasury department. He served at French Treasury since 1995 and served as Director of Office of the Minister of Employment and Solidarity. Since 1997, Mr. Marcel served as Deputy Director of the Prime Minister since 2000 and Head of the Finance Inspectorate since 2002. He serves as the Chairman of the Board of Directors of Grévin & Compagnie. He serves as the Chairman of the Supervisory Board of Société Parc Futuroscope. Mr. Marcel served as the Chairman of Cdc Holding Finance, Chairman of the Supervisory Board of Compagnie Des Alpes - Sacs from December 2005 to October 2008 and Cdc Di Gmbh (German Law firm). He served as a Vice Chairman of the Board of Directors of Dexia Crédit Local Société Anonyme from January 24, 2007 to October 2008, Dexia Crédit Local de France S.A. until October 2008, Vice-Chairman of the Supervisory Board at Dexia Credit Local – Sacs, Director of SociétéEuropéenne pour le Développement des Transports Publics (Transdev), and Director of Société Forestière de la Caisse des Dépôts until July 2008. He served as a Member of the Supervisory Board of Société Nationale Immobilière until July 2008. Mr. Marcel served as a Director of Dexia Crédit Local de France S.A. He served as the Chairman of CDC Infrastructure since March 2014 and previously served as the Chairman and Chief Executive Officer until July 2008. He has been Independent Director of Eiffage SA since June 25, 2008 and Ixis Corporate and Investment Bank (ICIB). He serves as a Member of Supervisory Board at Natixis Corporate & Investment Bank. Mr. Marcel serves as a Director at Compagnie du Mont-Blanc, Grévin & Cie SA and Crédit Foncier. He served as a Director of Icade EMGP since November 30, 2007. He served as a Director of the Société du Grand Théâtre des Champs-Elysées SA, Accor S.A. from January 9, 2006 to 2008 and ICADE - SA until July 2008. Mr. Marcel served as a Director of Dexia SA from July 7, 2005 to October 2008. He served as a Director of Dexia CLFBanque. Mr. Marcel served as a Director of Dexia Epargne Pension until November 2008. He served as a Member of the Board of Directors at CDC Infrastructure. He served as a Director of Caisse Des Depots Developpement, Transdev and Societe Forestiere De La Cdc - Sa. Mr. Marcel served as a Member of Supervisory Board of IXIS Corporate & Investment Bank from January 31, 2005 to November 15, 2005, Accor S.A. from May 3, 2005 to August 2008, Sni - Saem since May 19, 2005, Caisse Nationale des Caisses d Epargne (CNCE) (alternate name, Groupe Caisse d'Epargne SA) since December 15, 2003 and Crédit Foncier de France until May 12, 2005. He served as a Member of Supervisory Board of Cnp Assurances - Sacs until July 2008. He served as Director of CNP Assurances Société anonyme since April 25, 2007 and also served as its Member of Supervisory board. Mr. Marcel served as a Director of Cdc Entreprises - Sas until July 2008. He served as a Member of SOFCA-GIE from November 2008. He served as a Member of the Supervisory Board at Caisse d'Epargne Bretagne Pays de la Loire. He obtained Training college for senior civil servants (ENA) from 1981 to 1983, specialist degree in Economics (University of Paris I) in 1979. Mr. Marcel holds Master's degree and Advanced degree in Economics (Monetary and Banking Economics) from the University of Paris I in 1976. He is a graduate of IEP (Paris) in Politic Science since 1977.

CEO Compensation
  • Dominique's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Dominique's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Compagnie des Alpes management team in years:

6
Average Tenure
63
Average Age
  • The average tenure for the Compagnie des Alpes management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Dominique Marcel

TITLE
Chairman & CEO
COMPENSATION
€516K
AGE
63
TENURE
10.2 yrs

Jean-Pierre Sonois

TITLE
Founder & Advisor
COMPENSATION
€1M
AGE
73

Denis Hermesse

TITLE
Group CFO
AGE
49
TENURE
3.7 yrs

Sandra Picard-Rame

TITLE
Group Communications Head
TENURE
8.3 yrs

Fabienne Guaglianone

TITLE
Group Human Resources Director

Alexis d'Argent

TITLE
Head of Financial Communication

Laurent Chelle

TITLE
Head of Ski Areas Development
TENURE
2.9 yrs

Béatrice de Reyniès

TITLE
Managing Director of Grevin International
Board of Directors Tenure

Average tenure and age of the Compagnie des Alpes board of directors in years:

7.3
Average Tenure
57.5
Average Age
  • The tenure for the Compagnie des Alpes board of directors is about average.
Board of Directors

Dominique Marcel

TITLE
Chairman & CEO
COMPENSATION
€516K
AGE
63
TENURE
10.2 yrs

Virginie Fernandes

TITLE
Vice-President of the Board
AGE
44
TENURE
2.2 yrs

Giorgio Frasca

TITLE
Independent Director
COMPENSATION
€20K
AGE
77
TENURE
10.3 yrs

Antoine Gosset-Grainville

TITLE
Independant Director
COMPENSATION
€15K
AGE
52
TENURE
8.3 yrs

Jacques Maillot

TITLE
Director
COMPENSATION
€15K
AGE
77
TENURE
6.2 yrs

Francis Szpiner

TITLE
Director
COMPENSATION
€5K
AGE
64
TENURE
10.2 yrs

Jean-François Blas

TITLE
Director
COMPENSATION
€8K
AGE
65
TENURE
1.4 yrs

Rachel Picard

TITLE
Independent Director
COMPENSATION
€11K
AGE
52
TENURE
10.3 yrs

Carole Montillet

TITLE
Independent Director
COMPENSATION
€6K
AGE
45
TENURE
2.2 yrs

Maria Paublant

TITLE
Director
AGE
49
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Compagnie des Alpes's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Compagnie des Alpes has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Compagnie des Alpes SA, together with its subsidiaries, operates leisure facilities. It operates through Ski Areas, Leisure Destinations, and Group Development segments. The Ski Areas segment operates ski lifts; and equips, maintains, and operates ski areas, as well as maintains ski runs and trails. This segment also sells land to real-estate developers. As of January 18, 2018, it operated 11 ski resorts under the Tignes, Val d’Isère, Les Arcs, La Plagne, Les Menuires, Les 2Alpes, Méribel, Serre-Chevalier, etc., as well as held interests in 4 ski areas. The Leisure Destinations segment develops and operates theme parks, combined amusement and animal parks, water parks, and tourist sites. As of January 18, 2018, it operated 13 leisure destinations under the Parc Astérix, Grévin, Walibi, Futuroscope, etc. in France, the Netherlands, Belgium, and internationally. The Group Development segment is involved in the development of wax museums, such as Grévin museums and Chaplin’s World; wax figure production; and provision of consultancy services. Compagnie des Alpes SA was founded in 1989 and is headquartered in Paris, France.

Details
Name: Compagnie des Alpes SA
0N7N
Exchange: LSE
Founded: 1989
€630,487,706
24,437,508
Website: http://www.compagniedesalpes.com
Address: Compagnie des Alpes SA
50-52 boulevard Haussmann,
Paris,
Ile-de-France, 75009,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA CDA Common Shares Euronext Paris FR EUR 24. Nov 1994
OTCPK CLPI.F Common Shares Pink Sheets LLC US USD 24. Nov 1994
BST JCA Common Shares Boerse-Stuttgart DE EUR 24. Nov 1994
LSE 0N7N Common Shares London Stock Exchange GB EUR 24. Nov 1994
BATS-CHIXE CDAP Common Shares BATS 'Chi-X Europe' GB EUR 24. Nov 1994
Number of employees
Current staff
Staff numbers
5,586
Compagnie des Alpes employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 21:26
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/21
Last earnings filing: 2019/01/28
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.