French stock alert

FRA

CLOSING UPDATE: Carrefour up 4.3% in 2 days 20 October 2017 18:09 CEST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's French market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Carrefour, France's largest food & drug retailers company by market capitalisation, extended its gains on Friday, rising an additional 16.0c (or 0.9%) to trade at EUR17.87. Trading volume was 1.4 times average at the end of the day. The shares have risen 74.0c (or 4.3%) over the past two trading days vs. the CAC 40 Index which has fallen 0.2% in the same period.

Technical indicators complementing today's significant uptrend:

+ The price climbed 4.1% in the last week and jumped 7.6% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 3.9% [3.5%]

+ Return on Capital Employed 6% [1.3%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

+ The Brand Value represents an impressive 34.2% of the estimated Enterprise Value of EUR21.9 billion (US$25.8 billion).

Note

Carrefour today is at a discount of 24.7% to the 12-month high of EUR23.72 on 21 Oct, 2016. It is at a premium of 9.6% to the 12-month low of EUR16.31 on 05 Sep, 2017.

Bearish Signals:

The negative 0.07 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 86% of the French market over the past 6 months.

In the last three months the stock has hit a new 52-week low thrice.

Net profit margin has averaged 1.4% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 7.8%. Also, this has deteriorated from 10.5% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Return on Equity 7.8% [11.8%]

Return on Assets 1.9% [3.0%]

TODAY'S ALERTS

Afternoon Alert: Carrefour in 2nd consecutive rise, nears two-month high

20 October 2017 14:10 CEST

Carrefour (FR:CA) extended its gains Friday, rising an additional 24.0c (or 1.4%) to trade at EUR17.95. The stock lifted 3.39% on Thursday bringing its 2-day rise to 4.8%. It is now approaching its 50-day high of EUR17.97.

Afternoon Alert: Carrefour increases 0.7%, leads Food & drug retailers sector higher

20 October 2017 12:09 CEST

Carrefour (FR:CA) has increased 0.7% to trade at EUR17.84 vs. the Food & drug retailers sector which strengthened 12.2 points (or 0.6%) to 2,195.3. Representing a weighting of about 68.7% of the sector, the stock accounted for 90.1% of today's gain. The shares have outperformed 91% of the market in the past week.

RECENT ALERTS

CLOSING UPDATE: Carrefour increases further 0.8% on strong volume

19 October 2017 18:09 CEST

Carrefour, France's largest food & drug retailers company by market capitalisation, traded on heavy volume of 2.5 times average today while the price lifted 58.0c (or 3.4%) to trade at EUR17.71. Compared with the CAC 40 Index which fell 15.5 points (or 0.3%) in the day, this represented a relative price increase of 3.7%.

Afternoon Alert: Carrefour lifts 2.5% on high volume

19 October 2017 14:12 CEST

Carrefour (FR:CA) traded on heavy volume of 2.2 times average so far today while the price lifted 43.0c (or 2.5%) to trade at EUR17.56.

Carrefour (FR:CA; EPA:CA; PA:CA; FP:CA)

ISIN: FR0000120172

PermID: 4295866751

Source: www.BuySellSignals.com