Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan.
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Carrefour's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRER.F has not had significant price volatility in the past 3 months.
7 Day Return
US Consumer Retailing
1 Year Return
US Consumer Retailing
Return vs Industry: CRER.F underperformed the US Consumer Retailing industry which returned 10.1% over the past year.
Return vs Market: CRER.F underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Carrefour's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Carrefour undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRER.F ($15.46) is trading below our estimate of fair value ($21.61)
Significantly Below Fair Value: CRER.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRER.F is poor value based on its PE Ratio (351.5x) compared to the Consumer Retailing industry average (15.7x).
PE vs Market: CRER.F is poor value based on its PE Ratio (351.5x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: CRER.F is poor value based on its PEG Ratio (7.6x)
Price to Book Ratio
PB vs Industry: CRER.F is overvalued based on its PB Ratio (1.1x) compared to the US Consumer Retailing industry average (1.1x).
How is Carrefour forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRER.F's forecast earnings growth (46.1% per year) is above the savings rate (1.7%).
Earnings vs Market: CRER.F's earnings (46.1% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CRER.F's revenue (1.9% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: CRER.F'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: CRER.F's Return on Equity is forecast to be low in 3 years time (9.7%).
How has Carrefour performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRER.F has a large one-off loss of €1.0B impacting its December 31 2019 financial results.
Growing Profit Margin: CRER.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CRER.F's earnings have declined by -54.6% per year over the past 5 years.
Accelerating Growth: CRER.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CRER.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (-0.6%).
Return on Equity
High ROE: CRER.F's Return on Equity (1.9%) is considered low.
How is Carrefour's financial position?
Financial Position Analysis
Short Term Liabilities: CRER.F's short term assets (€18.9B) do not cover its short term liabilities (€23.1B).
Long Term Liabilities: CRER.F's short term assets (€18.9B) exceed its long term liabilities (€16.1B).
Debt to Equity History and Analysis
Debt Level: CRER.F's debt to equity ratio (109.9%) is considered high.
Reducing Debt: CRER.F's debt to equity ratio has reduced from 135.7% to 109.9% over the past 5 years.
Debt Coverage: CRER.F's debt is well covered by operating cash flow (25.3%).
Interest Coverage: CRER.F's interest payments on its debt are well covered by EBIT (7.3x coverage).
Inventory Level: CRER.F has a high level of physical assets or inventory.
Debt Coverage by Assets: CRER.F's debt is covered by short term assets (assets are 1.5x debt).
What is Carrefour's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CRER.F's dividend (3.24%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: CRER.F's dividend (3.24%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: CRER.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRER.F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1137.8%), CRER.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRER.F's dividends in 3 years are forecast to be well covered by earnings (41.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alexandre Bompard (47yo)
Mr. Alexandre Bompard has been the Chairman and Chief Executive Officer at Carrefour SA July 18, 2017. Mr. Bompard has been Chief Executive Officer of the Fnac Darty group since July 20, 2016. Mr. Bompard ...
CEO Compensation Analysis
Compensation vs Market: Alexandre's total compensation ($USD8.06M) is below average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Alexandre's compensation has been consistent with company performance over the past year.
|Chairman & CEO||2.67yrs||€7.31m||0.013% €1.6m|
|Chief Financial Officer||2.42yrs||no data||no data|
|Executive Director of Communication for the Group & France||1.58yrs||no data||no data|
|Executive Director of Human Resources and Assets for the Group & France||2.42yrs||no data||no data|
|Head of Food Marketing||no data||no data||no data|
|Chief Executive Officer of Poland division||1.58yrs||no data||no data|
|General Secretary||2.58yrs||no data||no data|
|Advisor to The CEO||2.42yrs||€775.56k||no data|
|Executive Director of Spain||no data||no data||no data|
Experienced Management: CRER.F's management team is considered experienced (2.4 years average tenure).
|Chairman & CEO||2.67yrs||€7.31m||0.013% €1.6m|
|Independent Director||11.67yrs||€53.57k||0.00015% €18.8k|
|Non-Independent Director||11.67yrs||€75.24k||0.00013% €16.3k|
|Lead Director||2.67yrs||€115.00k||0.00040% €50.0k|
|Honorary Chairman||11.83yrs||€82.50k||no data|
|Independent Director||8.83yrs||€55.00k||0.00037% €46.3k|
|Independent Director||1.67yrs||€13.10k||0.00019% €23.8k|
Experienced Board: CRER.F's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Carrefour SA's company bio, employee growth, exchange listings and data sources
- Name: Carrefour SA
- Ticker: CRER.F
- Exchange: OTCPK
- Founded: 1959
- Industry: Hypermarkets and Super Centers
- Sector: Consumer Retailing
- Market Cap: €11.337b
- Listing Market Cap: €12.508b
- Shares outstanding: 797.81m
- Website: https://www.carrefour.com
Number of Employees
- Carrefour SA
- 26, Quai Michelet
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CRER.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1992|
|CA N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Jan 1992|
|CA||ENXTPA (Euronext Paris)||Yes||Common Shares||FR||EUR||Jan 1992|
|CAR||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1992|
|0NPH||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Jan 1992|
|CRR||BIT (Borsa Italiana)||Yes||Common Shares||IT||EUR||Jan 1992|
|CAR||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Jan 1992|
|CAP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Jan 1992|
|CARR||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Jan 1992|
|CA||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Jan 1992|
|CRRF.Y||OTCPK (Pink Sheets LLC)||SPON ADR EACH REPR 1/5 SHS||US||USD||Apr 2003|
|CAR1||DB (Deutsche Boerse AG)||SPON ADR EACH REPR 1/5 SHS||DE||EUR||Apr 2003|
Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan. The company operates hypermarkets, convenience stores, supermarkets, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations. Its stores offer fresh produce; local products; consumer goods; and non-food products, including small household goods, textiles, and home appliances, such as photo equipment, DVDs, and sound and multimedia equipment. The company is also involved in banking, insurance, property development, and franchise activities; the provision of travel agency services; and the rental of shopping malls. Carrefour SA was founded in 1959 and is based in Levallois-Perret, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 01:40|
|End of Day Share Price||2020/03/30 00:00|
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.