VIE Stock Analysis: Veolia Environnement VE | PA
Waste Management | PA, France | Market Cap: 23.449m EUR | 12M Return: 13.9% | FR0000124141 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 48.4M
EPS Trend: 76.1%
Rev. Trend: -83.3%
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Veolia Environnement SA is a French multi-utility company headquartered in Aubervilliers, founded in 1853 and rebranded from Vivendi Environnement in 2003. The company designs and delivers water, waste, and energy management solutions across global segments, including France and Hazardous Waste Europe, Europe, Americas, Asia Pacific, Africa Middle-East, and Water Technologies. Its core activities span drinking and industrial water production and distribution, wastewater treatment, hazardous waste processing, waste-to-energy operations, and industrial utilities management, serving industrial firms, public authorities, and individuals. Veolia also operates heating and cooling networks, renewable energy generation, and digital platforms such as Hubgrade for building energy efficiency monitoring. Within the Utilities sector, Veolia competes alongside other large multi-utility providers, and the multi-utility sub-industry is generally characterized by stable, regulated revenue streams tied to essential public services like water and energy.
- French water tariff hikes lift regulated revenue
- Suez divestiture proceeds and synergy delivery accelerate
- Hazardous waste volumes soften on European industrial slowdown
| Net Income: 1.24b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.10 > 1.0 |
| NWC/Revenue: -12.98% < 20% (prev -7.55%; Δ -5.43% < -1%) |
| CFO/TA 0.06 > 3% & CFO 4.43b > Net Income 1.24b |
| Net Debt (32.4b) to EBITDA (6.95b): 4.66 < 3 |
| Current Ratio: 0.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (742.5m) vs 12m ago 0.17% < -2% |
| Gross Margin: 17.75% > 18% (prev 17.55%; Δ 0.20% > 0.5%) |
| Asset Turnover: 62.03% > 50% (prev 64.67%; Δ -2.64% > 0%) |
| Interest Coverage Ratio: 6.18 > 6 (EBIT TTM 3.79b / Interest Expense TTM 613.0m) |
| A: -0.08 (Total Current Assets 26.0b - Total Current Liabilities 31.8b) / Total Assets 74.6b |
| B: -0.07 (Retained Earnings -5.38b / Total Assets 74.6b) |
| C: 0.05 (EBIT TTM 3.79b / Avg Total Assets 71.8b) |
| D: 0.11 (Book Value of Equity 7.13b / Total Liabilities 64.9b) |
| Altman-Z'' = -0.27 = B |
| DSRI: 1.09 (Receivables 14.7b/13.5b, Revenue 44.5b/44.6b) |
| GMI: 0.99 (GM 17.55% / 17.75%) |
| AQI: 1.03 (AQ_t 0.37 / AQ_t-1 0.35) |
| SGI: 1.00 (Revenue 44.5b / 44.6b) |
| TATA: -0.04 (NI 1.24b - CFO 4.43b) / TA 74.6b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at EUR 31.36 with a total of 1,046,104 shares traded. Over the past week, the price has changed by -1.20%, over one month by -7.90%, over three months by -13.25% and over the past year by +13.92%.
Current recommended Stop Loss: 30.60 (which is 2.4% or 1.6 ATR below the current price).
Veolia Environnement VE has no consensus analysts rating.
P/E Trailing = 18.3721
P/E Forward = 11.8906
P/S = 0.5265
P/B = 2.166
P/EG = 0.9744
Revenue TTM = 44.5b EUR
EBIT TTM = 3.79b EUR
EBITDA TTM = 6.95b EUR
Long Term Debt = 18.2b EUR (from longTermDebt, last quarter)
Short Term Debt = 11.4b EUR (from shortTermDebt, last quarter)
Debt = 39.7b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.18b
Net Debt = 32.4b EUR (calculated: Debt 39.7b - CCE 7.29b)
Enterprise Value = 55.9b EUR (23.4b + Debt 39.7b - CCE 7.29b)
Interest Coverage Ratio = 6.18 (Ebit TTM 3.79b / Interest Expense TTM 613.0m)
EV/FCF = 39.26x (Enterprise Value 55.9b / FCF TTM 1.42b)
FCF Yield = 2.55% (FCF TTM 1.42b / Enterprise Value 55.9b)
FCF Margin = 3.19% (FCF TTM 1.42b / Revenue TTM 44.5b)
Net Margin = 2.79% (Net Income TTM 1.24b / Revenue TTM 44.5b)
Gross Margin = 17.75% ((Revenue TTM 44.5b - Cost of Revenue TTM 36.6b) / Revenue TTM)
Gross Margin QoQ = 17.77% (prev 17.73%)
Tobins Q-Ratio = 0.75 (Enterprise Value 55.9b / Total Assets 74.6b)
Interest Expense / Debt = 1.54% (Interest Expense 613.0m / Debt 39.7b)
Taxrate = 25.38% (599.0m / 2.36b)
NOPAT = 2.83b (EBIT 3.79b * (1 - 25.38%))
Current Ratio = 0.82 (Total Current Assets 26.0b / Total Current Liabilities 31.8b)
Debt / Equity = 5.57 (Debt 39.7b / totalStockholderEquity, last quarter 7.13b)
Debt / EBITDA = 4.66 (Net Debt 32.4b / EBITDA 6.95b)
Debt / FCF = 22.78 (Net Debt 32.4b / FCF TTM 1.42b)
Total Stockholder Equity = 9.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.73% (Net Income 1.24b / Total Assets 74.6b)
RoE = 13.23% (Net Income TTM 1.24b / Total Stockholder Equity 9.39b)
RoCE = 13.73% (EBIT 3.79b / Capital Employed (Equity 9.39b + L.T.Debt 18.2b))
RoIC = 5.44% (NOPAT 2.83b / Invested Capital 52.0b)
WACC = 3.17% (E(23.4b)/V(63.2b) * Re(6.59%) + D(39.7b)/V(63.2b) * Rd(1.54%) * (1-Tc(0.25)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.83 | Cagr: 8.50%
[DCF] Terminal Value 73.10% ; FCFF base≈1.68b ; Y1≈1.48b ; Y5≈1.19b
[DCF] Fair Price = N/A (negative equity: EV 19.1b - Net Debt 32.4b = -13.3b; debt exceeds intrinsic value)
EPS Correlation: 76.08 | EPS CAGR: 13.58% | SUE: N/A | # QB: 0
Revenue Correlation: -83.26 | Revenue CAGR: -0.66% | SUE: N/A | # QB: 0
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=2.41 | Chg30d=-0.70% | Revisions=-12% | GrowthEPS=+8.9% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: -12% (up=2, down=3)