(VIE) Veolia Environnement VE - Ratings and Ratios
Water Management, Waste Services, Energy Solutions, Utility Operations, Infrastructure
| Risk via 10d forecast | |
|---|---|
| Volatility | 18.8% |
| Value at Risk 5%th | 32.0% |
| Relative Tail Risk | 3.19% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.31 |
| Alpha | 2.92 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.537 |
| Beta | 0.080 |
| Beta Downside | 0.056 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.28% |
| Mean DD | 5.36% |
| Median DD | 4.58% |
Description: VIE Veolia Environnement VE October 16, 2025
Veolia Environnement SA (ticker VIE) is a French multi-utility firm that designs, builds and operates integrated water, waste and energy management solutions for industrial clients, public authorities and households. Its operations are organized into five geographic and product-focused segments: France & Special Waste Europe; Europe ex-France; Rest of the World; Water Technologies; and “Other” activities that include energy-efficiency services and digital platforms.
The company’s core services span the full resource-value chain: production, treatment and distribution of drinking and industrial water; collection, treatment and recycling of wastewater; waste collection, material recovery, hazardous-waste processing and waste-to-energy conversion; and the operation of district heating-cooling networks, renewable power generation (biomass, biogas, geothermal, co-generation) and building-energy management tools such as the Hubgrade platform. These offerings position Veolia as a key enabler of the EU’s circular-economy and decarbonisation agendas.
Recent performance highlights include 2023 revenue of €78 billion, adjusted EBITDA of €9.5 billion (≈12 % margin) and a 2024 dividend yield around 5.5 %. The firm’s order backlog exceeds €30 billion, reflecting strong demand for water-infrastructure upgrades driven by tightening EU water-quality directives and increasing climate-risk-related capital spending. Capex for 2023 was €5.8 billion, underscoring Veolia’s commitment to expanding its renewable-energy and digital-services footprint.
For a deeper quantitative breakdown of Veolia’s valuation metrics and scenario analysis, you may find ValueRay’s platform useful.
VIE Stock Overview
| Market Cap in USD | 25,103m |
| Sub-Industry | Multi-Utilities |
| IPO / Inception | 2001-10-05 |
| Return 12m vs S&P 500 | -6.83% |
| Analyst Rating | - |
VIE Dividends
| Dividend Yield | 4.82% |
| Yield on Cost 5y | 9.28% |
| Yield CAGR 5y | 26.90% |
| Payout Consistency | 94.7% |
| Payout Ratio | 90.9% |
VIE Growth Ratios
| CAGR 3y | 9.49% |
| CAGR/Max DD Calmar Ratio | 0.58 |
| CAGR/Mean DD Pain Ratio | 1.77 |
| Current Volume | 1490.5k |
| Average Volume | 1380.5k |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (2.08b TTM) > 0 and > 6% of Revenue (6% = 4.67b TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA 0.72pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -4.32% (prev -4.67%; Δ 0.34pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.09 (>3.0%) and CFO 6.38b > Net Income 2.08b (YES >=105%, WARN >=100%) |
| Net Debt (22.75b) to EBITDA (10.30b) ratio: 2.21 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (734.0m) change vs 12m ago -0.01% (target <= -2.0% for YES) |
| Gross Margin 17.39% (prev 19.62%; Δ -2.24pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 110.0% (prev 62.50%; Δ 47.46pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.21 (EBITDA TTM 10.30b / Interest Expense TTM 1.22b) >= 6 (WARN >= 3) |
Altman Z'' -0.17
| (A) -0.05 = (Total Current Assets 25.15b - Total Current Liabilities 28.51b) / Total Assets 68.97b |
| (B) -0.08 = Retained Earnings (Balance) -5.45b / Total Assets 68.97b |
| (C) 0.07 = EBIT TTM 5.14b / Avg Total Assets 70.77b |
| (D) -0.08 = Book Value of Equity -4.49b / Total Liabilities 56.25b |
| Total Rating: -0.17 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 67.21
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 5.32% = 2.66 |
| 3. FCF Margin 2.89% = 0.72 |
| 4. Debt/Equity 2.87 = -0.57 |
| 5. Debt/Ebitda 2.21 = -0.41 |
| 6. ROIC - WACC (= 9.51)% = 11.88 |
| 7. RoE 17.53% = 1.46 |
| 8. Rev. Trend -7.10% = -0.53 |
| 9. EPS Trend 50.00% = 2.50 |
What is the price of VIE shares?
Over the past week, the price has changed by +0.80%, over one month by -0.55%, over three months by -4.84% and over the past year by +6.80%.
Is Veolia Environnement VE a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VIE is around 30.98 EUR . This means that VIE is currently overvalued and has a potential downside of 6.57%.
Is VIE a buy, sell or hold?
What are the forecasts/targets for the VIE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 34.8 | 19.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 32.9 | 13.2% |
VIE Fundamental Data Overview January 01, 1970
Market Cap EUR = 21.66b (21.66b EUR * 1.0 EUR.EUR)
P/E Trailing = 19.2338
P/E Forward = 11.7509
P/S = 0.4856
P/B = 2.0397
P/EG = 0.7579
Beta = 0.982
Revenue TTM = 77.81b EUR
EBIT TTM = 5.14b EUR
EBITDA TTM = 10.30b EUR
Long Term Debt = 17.17b EUR (from longTermDebt, last quarter)
Short Term Debt = 9.27b EUR (from shortTermDebt, last quarter)
Debt = 30.08b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.75b EUR (from netDebt column, last quarter)
Enterprise Value = 42.28b EUR (21.66b + Debt 30.08b - CCE 9.46b)
Interest Coverage Ratio = 4.21 (Ebit TTM 5.14b / Interest Expense TTM 1.22b)
FCF Yield = 5.32% (FCF TTM 2.25b / Enterprise Value 42.28b)
FCF Margin = 2.89% (FCF TTM 2.25b / Revenue TTM 77.81b)
Net Margin = 2.67% (Net Income TTM 2.08b / Revenue TTM 77.81b)
Gross Margin = 17.39% ((Revenue TTM 77.81b - Cost of Revenue TTM 64.28b) / Revenue TTM)
Gross Margin QoQ = 17.63% (prev 17.47%)
Tobins Q-Ratio = 0.61 (Enterprise Value 42.28b / Total Assets 68.97b)
Interest Expense / Debt = 1.50% (Interest Expense 450.0m / Debt 30.08b)
Taxrate = 25.60% (307.0m / 1.20b)
NOPAT = 3.82b (EBIT 5.14b * (1 - 25.60%))
Current Ratio = 0.88 (Total Current Assets 25.15b / Total Current Liabilities 28.51b)
Debt / Equity = 2.87 (Debt 30.08b / totalStockholderEquity, last quarter 10.49b)
Debt / EBITDA = 2.21 (Net Debt 22.75b / EBITDA 10.30b)
Debt / FCF = 10.12 (Net Debt 22.75b / FCF TTM 2.25b)
Total Stockholder Equity = 11.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.02% (Net Income 2.08b / Total Assets 68.97b)
RoE = 17.53% (Net Income TTM 2.08b / Total Stockholder Equity 11.87b)
RoCE = 17.69% (EBIT 5.14b / Capital Employed (Equity 11.87b + L.T.Debt 17.17b))
RoIC = 12.79% (NOPAT 3.82b / Invested Capital 29.89b)
WACC = 3.28% (E(21.66b)/V(51.74b) * Re(6.29%) + D(30.08b)/V(51.74b) * Rd(1.50%) * (1-Tc(0.26)))
Discount Rate = 6.29% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.01%
[DCF Debug] Terminal Value 81.11% ; FCFE base≈2.09b ; Y1≈2.51b ; Y5≈4.07b
Fair Price DCF = 94.98 (DCF Value 69.45b / Shares Outstanding 731.2m; 5y FCF grow 21.94% → 3.0% )
EPS Correlation: 50.00 | EPS CAGR: 24.36% | SUE: -0.07 | # QB: 0
Revenue Correlation: -7.10 | Revenue CAGR: 5.14% | SUE: 1.01 | # QB: 1