BIT:RNO

Stock Analysis Report

Executive Summary

Renault SA designs, manufactures, sells, and distributes vehicles.

Snowflake

Fundamentals

Good value average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.3%

RNO

0.2%

IT Auto

0.5%

IT Market


1 Year Return

-27.1%

RNO

-9.6%

IT Auto

11.6%

IT Market

Return vs Industry: RNO underperformed the Italian Auto industry which returned -9.6% over the past year.

Return vs Market: RNO underperformed the Italian Market which returned 11.6% over the past year.


Shareholder returns

RNOIndustryMarket
7 Day-9.3%0.2%0.5%
30 Day-13.6%-3.7%0.07%
90 Day-5.3%-1.1%1.2%
1 Year-22.2%-27.1%4.2%-9.6%16.5%11.6%
3 Year-27.5%-37.6%132.3%100.4%25.2%8.0%
5 Year8.1%-11.4%22.4%3.8%21.1%-26.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

5.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RNO (€48.49) is trading above our estimate of fair value (€41.26)

Significantly Below Fair Value: RNO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RNO is good value based on its PE Ratio (5.7x) compared to the Auto industry average (8.7x).

PE vs Market: RNO is good value based on its PE Ratio (5.7x) compared to the Italian market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RNO is good value based on its PB Ratio (0.4x) compared to the IT Auto industry average (1.3x).


Next Steps

Future Growth

How is Renault forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RNO's forecast earnings growth (19.2% per year) is above the savings rate (2.9%).

Earnings vs Market: RNO's earnings (19.2% per year) are forecast to grow faster than the Italian market (8.6% per year).

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

Revenue vs Market: RNO's revenue (1.9% per year) is forecast to grow slower than the Italian market (3% per year).

High Growth Revenue: RNO's revenue (1.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RNO's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

How has Renault performed over the past 5 years?

14.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RNO's earnings have grown by 14.3% per year over the past 5 years.

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

Earnings vs Industry: RNO had negative earnings growth (-51.3%) over the past year, making it difficult to compare to the Auto industry average (17.2%).


Return on Equity

High ROE: RNO's Return on Equity (6.8%) is considered low.


Return on Assets

ROA vs Industry: RNO's Return on Assets is below or equal to the Auto industry average last year.


Return on Capital Employed

ROCE Improving: RNO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Renault's financial position?


Financial Position Analysis

Short Term Liabilities: RNO's short term assets (€74.2B) exceeds its short term liabilities (€72.1B)

Long Term Liabilities: RNO's short term assets (74.2B) exceeds its long term liabilities (12.7B)


Debt to Equity History and Analysis

Debt Level: RNO's debt to equity ratio (158%) is considered high

Reducing Debt: RNO's debt to equity ratio has increased from 148.6% to 158% over the past 5 years.

Debt Coverage: RNO's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: RNO's interest payments on its debt are well covered by EBIT (11.6x coverage).


Balance Sheet

Inventory Level: RNO has a low level of unsold assets or inventory.

Debt Coverage by Assets: RNO's debt is covered by short term assets (assets are 1.292740x debt).


Next Steps

Dividend

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

7.31%

Current Dividend Yield


Dividend Yield vs Market

company7.3%marketbottom25%2.1%markettop25%4.4%industryaverage4.5%forecastin3Years6.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: RNO's dividend (7.31%) is higher than the bottom 25% of dividend payers in the Italian market (2.08%).

High Dividend: RNO's dividend (7.31%) is in the top 25% of dividend payers in the Italian market (4.41%)

Stable Dividend: Whilst dividend payments have been stable, RNO has been paying a dividend for less than 10 years.

Growing Dividend: RNO's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), RNO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RNO's dividends in 3 years are forecast to be well covered by earnings (28.7% payout ratio).


Next Steps

Management

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

8.6yrs

Average management tenure


CEO

Clotilde Delbos (52yo)

0yrs

Tenure

0

Ms. Clotilde Delbos serves as Interim Chief Executive Officer at Renault SA since October 11, 2019. She is Chief Financial Officer and Executive Vice President at Renault Société Anonym since April 25, 201 ...


Management Age and Tenure

8.6yrs

Average Tenure

64yo

Average Age

Experienced Management: RNO's management team is seasoned and experienced (8.6 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

66yo

Average Age

Experienced Board: RNO's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Rudolphe Lambert

    Managing Director of Europcar

    • Tenure: 0yrs
  • Louis Schweitzer (76yo)

    Honorary President

    • Tenure: 0yrs
    • Compensation: €83.03k
  • Rémi Deconinck (69yo)

    Managing Director of Sport Technologies Department

    • Tenure: 24.8yrs
  • Philippe Klein (62yo)

    Chief Planning Officer of Nissan

    • Tenure: 0yrs
  • Jacques Prost (66yo)

    Managing Director - Morocco

    • Tenure: 12.8yrs
  • Thierry Huon

    Investor Relations Director

    • Tenure: 0yrs
  • Florence De Goldfiem

    Director of Communication

    • Tenure: 4.5yrs
  • Clotilde Delbos (52yo)

    Group CFO

    • Tenure: 0yrs
  • François Roger

    Group EVP of Human Resources

    • Tenure: 0yrs
  • Jean-Benoit Devauges (46yo)

    Senior Vice President of Legal & Public Affairs

    • Tenure: 1.7yrs

Board Members

  • Jean-Dominique Senard (66yo)

    Chairman

    • Tenure: 0.8yrs
  • Pascale Sourisse (57yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: €70.50k
  • Bernard Rey (73yo)

    Chairman of Renault Sport & Renault F1 Team

    • Tenure: 0yrs
  • Carlos Tavares (61yo)

    Chairman of Advisory Board

    • Tenure: 6.8yrs
  • Bernard Ollivier (67yo)

    Member of Advisory Board

    • Tenure: 6.8yrs
  • Jacques Daniel

    Chairman & CEO of Dongfeng Renault Automotive Company

    • Tenure: 0yrs
  • Christian Pouillaude

    Brand Director & Member of Advisory Board

    • Tenure: 6.8yrs
  • Patrick Thomas (72yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: €124.25k
  • Véronique Sarlat-Depotte

    Alliance Global EVP Purchasing

    • Tenure: 0yrs
  • Marie-Annick Darmaillac (65yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: €108.00k

Company Information

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


Key Information

  • Name: Renault SA
  • Ticker: RNO
  • Exchange: BIT
  • Founded: 1898
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: €13.002b
  • Shares outstanding: 267.76m
  • Website: https://www.group.renault.com

Number of Employees


Location

  • Renault SA
  • 13/15 Quai Alphonse Le Gallo
  • Boulogne-Billancourt
  • Ile-de-France
  • 92100
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RNLENXTPA (Euronext Paris)PTG CERTS(9% MIN)EUR152.45FREURJan 1992
RNO NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNNov 1994
RNLDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1994
RNSD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1994
0NQFLSE (London Stock Exchange)YesOrdinary SharesGBEURNov 1994
RNOBIT (Borsa Italiana)YesOrdinary SharesITEURNov 1994
RNLXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURNov 1994
RNOENXTPA (Euronext Paris)YesOrdinary SharesFREURNov 1994
RNOSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFNov 1994
RNOWBAG (Wiener Boerse AG)YesOrdinary SharesATEURNov 1994
RNOPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURNov 1994
RNL1DB (Deutsche Boerse AG)UNSPON ADR EACH REPR 0.20DEEURNov 2014
RNL1XTRA (XETRA Trading Platform)UNSPON ADR EACH REPR 0.20DEEURNov 2014
RNLS.YOTCPK (Pink Sheets LLC)UNSPON ADR EACH REPR 0.20USUSDNov 2014

Biography

Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric veh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 20:56
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.