(FR) Valeo - Ratings and Ratios
Electric Powertrains, Smart Lighting, Advanced Driver Assistance, Thermal
Description: FR Valeo
Valeo SA, a French multinational automotive parts supplier, is represented by the ticker symbol FR. As a leading player in the Automotive Parts & Equipment sub-industry, the companys stock performance is closely tied to the global automotive market trends.
The stocks recent price movement indicates a relatively stable trend, with the 20-day Simple Moving Average (SMA) at €9.79, slightly above the current price of €9.56. The 50-day and 200-day SMAs are at €9.41 and €9.04, respectively, suggesting a gradual upward trend. The stocks beta of 1.304 indicates a moderate level of volatility relative to the overall market.
From a fundamental analysis perspective, Valeo SAs market capitalization stands at approximately €2.36 billion, with a Price-to-Earnings (P/E) ratio of 19.06, suggesting a moderate valuation relative to its earnings. The forward P/E ratio is significantly lower at 3.43, indicating potential for earnings growth. The companys Return on Equity (RoE) is 10.16%, demonstrating a decent level of profitability.
Key economic drivers for Valeo SA include global automotive production trends, technological advancements in the industry, and the companys ability to adapt to changing regulatory requirements, such as those related to emissions and safety standards. Key Performance Indicators (KPIs) to monitor include revenue growth, operating margin, and research and development (R&D) expenditure as a percentage of sales. The companys ability to maintain a strong market position in the face of increasing competition from other automotive parts suppliers and new entrants, such as technology companies, will be crucial to its future success.
To further evaluate the stocks potential, it is essential to analyze Valeo SAs financial statements, including its income statement, balance sheet, and cash flow statement. The yearly Income Tax Expense, as mentioned, is an important aspect to consider, as it can impact the companys net earnings and cash flows. A thorough analysis of these financial statements, along with industry trends and competitor activity, will provide a more comprehensive understanding of the stocks prospects.
FR Stock Overview
| Market Cap in USD | 2,984m |
| Sub-Industry | Automotive Parts & Equipment |
| IPO / Inception |
FR Stock Ratings
| Growth Rating | -27.4% |
| Fundamental | 72.0% |
| Dividend Rating | 64.0% |
| Return 12m vs S&P 500 | -4.70% |
| Analyst Rating | - |
FR Dividends
| Dividend Yield 12m | 4.30% |
| Yield on Cost 5y | 1.87% |
| Annual Growth 5y | 14.87% |
| Payout Consistency | 81.0% |
| Payout Ratio | 84.0% |
FR Growth Ratios
| Growth Correlation 3m | 86.5% |
| Growth Correlation 12m | 24.7% |
| Growth Correlation 5y | -92.4% |
| CAGR 5y | -14.11% |
| CAGR/Max DD 5y | -0.18 |
| Sharpe Ratio 12m | -0.61 |
| Alpha | -2.61 |
| Beta | 1.114 |
| Volatility | 39.96% |
| Current Volume | 635k |
| Average Volume 20d | 771.9k |
| Stop Loss | 10 (-3.5%) |
| Signal | 0.24 |
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (368.5m TTM) > 0 and > 6% of Revenue (6% = 2.26b TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 13.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -5.60% (prev -3.99%; Δ -1.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.26 (>3.0%) and CFO 5.60b > Net Income 368.5m (YES >=105%, WARN >=100%) |
| Net Debt (3.88b) to EBITDA (3.54b) ratio: 1.10 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.81 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (226.6m) change vs 12m ago -8.57% (target <= -2.0% for YES) |
| Gross Margin 18.76% (prev 14.32%; Δ 4.44pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 173.9% (prev 170.0%; Δ 3.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.21 (EBITDA TTM 3.54b / Interest Expense TTM 568.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.35
| (A) -0.10 = (Total Current Assets 8.88b - Total Current Liabilities 10.99b) / Total Assets 21.66b |
| (B) 0.09 = Retained Earnings (Balance) 1.92b / Total Assets 21.66b |
| (C) 0.08 = EBIT TTM 1.82b / Avg Total Assets 21.71b |
| (D) 0.13 = Book Value of Equity 2.16b / Total Liabilities 17.14b |
| Total Rating: 0.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 72.02
| 1. Piotroski 7.50pt = 2.50 |
| 2. FCF Yield 48.22% = 5.0 |
| 3. FCF Margin 7.58% = 1.90 |
| 4. Debt/Equity 1.76 = 1.13 |
| 5. Debt/Ebitda 1.84 = 0.30 |
| 6. ROIC - WACC 13.97% = 12.50 |
| 7. RoE 10.16% = 0.85 |
| 8. Rev. Trend 2.29% = 0.11 |
| 9. Rev. CAGR -11.66% = -1.94 |
| 10. EPS Trend -12.96% = -0.32 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of FR shares?
Over the past week, the price has changed by -4.61%, over one month by +5.38%, over three months by +11.08% and over the past year by +11.48%.
Is Valeo a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FR is around 9.88 EUR . This means that FR is currently overvalued and has a potential downside of -4.63%.
Is FR a buy, sell or hold?
What are the forecasts/targets for the FR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11.5 | 11.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 10.5 | 1.5% |
FR Fundamental Data Overview
Market Cap EUR = 2.56b (2.56b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 3.15b EUR (Cash And Short Term Investments, last fiscal year)
P/E Trailing = 20.95
P/E Forward = 3.4305
P/S = 0.1218
P/B = 0.8212
P/EG = 0.1795
Beta = 1.304
Revenue TTM = 37.75b EUR
EBIT TTM = 1.82b EUR
EBITDA TTM = 3.54b EUR
Long Term Debt = 4.35b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 2.18b EUR (from shortTermDebt, last fiscal year)
Debt = 6.53b EUR (Calculated: Short Term 2.18b + Long Term 4.35b)
Net Debt = 3.88b EUR (from netDebt column, last fiscal year)
Enterprise Value = 5.94b EUR (2.56b + Debt 6.53b - CCE 3.15b)
Interest Coverage Ratio = 3.21 (Ebit TTM 1.82b / Interest Expense TTM 568.0m)
FCF Yield = 48.22% (FCF TTM 2.86b / Enterprise Value 5.94b)
FCF Margin = 7.58% (FCF TTM 2.86b / Revenue TTM 37.75b)
Net Margin = 0.98% (Net Income TTM 368.5m / Revenue TTM 37.75b)
Gross Margin = 18.76% ((Revenue TTM 37.75b - Cost of Revenue TTM 30.67b) / Revenue TTM)
Tobins Q-Ratio = 2.74 (Enterprise Value 5.94b / Book Value Of Equity 2.16b)
Interest Expense / Debt = 1.15% (Interest Expense 75.0m / Debt 6.53b)
Taxrate = 29.73% (from yearly Income Tax Expense: 99.0m / 333.0m)
NOPAT = 1.28b (EBIT 1.82b * (1 - 29.73%))
Current Ratio = 0.81 (Total Current Assets 8.88b / Total Current Liabilities 10.99b)
Debt / Equity = 1.76 (Debt 6.53b / last Fiscal Year total Stockholder Equity 3.72b)
Debt / EBITDA = 1.84 (Net Debt 3.88b / EBITDA 3.54b)
Debt / FCF = 2.28 (Debt 6.53b / FCF TTM 2.86b)
Total Stockholder Equity = 3.63b (last 4 quarters mean)
RoA = 1.70% (Net Income 368.5m, Total Assets 21.66b )
RoE = 10.16% (Net Income TTM 368.5m / Total Stockholder Equity 3.63b)
RoCE = 22.88% (Ebit 1.82b / (Equity 3.63b + L.T.Debt 4.35b))
RoIC = 17.40% (NOPAT 1.28b / Invested Capital 7.37b)
WACC = 3.43% (E(2.56b)/V(9.09b) * Re(10.12%)) + (D(6.53b)/V(9.09b) * Rd(1.15%) * (1-Tc(0.30)))
Shares Correlation 5-Years: -50.0 | Cagr: -1.96%
Discount Rate = 10.12% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 74.99% ; FCFE base≈1.72b ; Y1≈2.12b ; Y5≈3.62b
Fair Price DCF = 176.2 (DCF Value 43.08b / Shares Outstanding 244.5m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: 2.29 | Revenue CAGR: -11.66%
Rev Growth-of-Growth: -47.80
EPS Correlation: -12.96 | EPS CAGR: 0.0%
EPS Growth-of-Growth: 120.2