Veolia Environnement SA VIE

Morningstar Rating

Unlock

€28.80 +0.17 (0.59%)

View Full Chart

As of Apr 19, 2024 3:35pm Delayed Price Closed

Unlock our analysis with Morningstar Investor

Start Free Trial

Company Report

View Archive

Cost-Savings and Growth Investments to Buttress Veolia's Earnings and Dividend Growth

Tancrede Fulop Apr 17, 2024

Veolia Environnement is the world's largest water company. Treatment and distribution of water accounts for about 40% of the turnover. It comprises water concessions in France and regulated water businesses in the US, Chile, and Catalonia. The water activity is uncyclical and indexed to inflation.

Read Full Report

Price vs Fair Value

View History

VIE is trading at a 12% discount.

Price

€28.63

Apr 18, 2024

Fair Value

€92.60

Apr 17, 2024

Uncertainty

Medium

1-Star Price: €88.25
5-Star Price: €78.17
Economic Moat: Mjgr
Capital Allocation: Whymxkzn

Bulls Say, Bears Say

Bulls

The acquisition of Suez will be significantly value-accretive for Veolia thanks to high synergies despite the high price paid. To get the comparable international assets through bolt-on acquisitions would have been much more costly.

Bears

The integration of Suez will be dilutive on returns on invested capital.

Is it the right time to buy, sell, or hold?

Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if VIE is a good fit for your portfolio.

Get 7 Days Free

News

View All

Suez Inks China Desalination-Plant Contract

Global News Select Apr 6, 2023 4:56pm

Trading Information

Previous Close Price: €28.63
Day Range: €28.47–28.89
52-Week Range: €24.86–30.70
Bid/Ask: €28.75 / €28.85
Market Cap: €20.60 Bil
Volume/Avg: 1.9 Mil / 1.8 Mil

Key Statistics

Price/Earnings (Normalized): 22.07
Price/Sales: 0.46
Dividend Yield (Trailing): 3.91%
Dividend Yield (Forward): 4.37%
Total Yield: 3.91%

Company Profile

Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and its transport activity The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.

Sector: Industrials
Industry: Waste Management
Stock Style Box: Large Core
Total Number of Employees: 218,288
Website: https://www.veolia.com

Competitors

American Water Works Co Inc

AWK

Valuation

Metric	VIE	AWK
Price/Earnings (Normalized)	22.07	23.86
Price/Book Value	2.36	2.26
Price/Sales	0.46	5.19
Price/Cash Flow	4.91	12.22

Price/Earnings

VIE

AWK

Financial Strength

Metric	VIE	AWK
Quick Ratio	0.85	0.49
Current Ratio	0.93	0.65
Interest Coverage	3.14	3.44

Quick Ratio

VIE

AWK

Profitability

Metric	VIE	AWK
Return on Assets (Normalized)	1.84%	3.24%
Return on Equity (Normalized)	15.64%	10.12%
Return on Invested Capital (Normalized)	5.45%	5.82%

Return on Assets

VIE

AWK

See how this stock stacks up to its competitors with Morningstar Investor