Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée (CRAV.PA) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-926.5%

-€917.41

vs €111.00 price

Levered DCF

€1,468.11

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.06

Distress zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	12.35×	7.53×	7.25×	3.91×	5.77×	16.28×	10.51×	6.56×
P/B	0.24×	0.16×	0.17×	0.15×	0.18×	0.27×	0.37×	0.27×
P/S	0.74×	1.51×	1.53×	0.64×	0.93×	1.33×	2.75×	1.92×
EV / EBITDA	158.15×	169.09×	157.41×	102.8×	97.04×	150.86×	0×	0×
Gross margin	32.6%	100.0%	101.0%	60.4%	63.8%	100.0%	100.0%	100.0%
Operating margin	6.6%	22.2%	22.6%	19.7%	21.2%	12.9%	35.1%	40.0%
Net margin	6.0%	20.1%	21.1%	16.3%	16.0%	8.1%	26.1%	29.3%
Current ratio	0.03×	0.02×	0.01×	0.03×	0.04×	0.08×	0.6×	0.51×
Debt / equity	4.02×	4.61×	4.68×	5.13×	4.43×	4.74×	4.29×	4.12×
Interest coverage	0.1×	0.09×	0.11×	0.71×	0.87×	0.45×	22.82×	497.06×
Dividend yield	2.1%	3.7%	3.2%	5.5%	3.5%	1.9%	1.4%	2.1%
Payout ratio	26.4%	27.5%	23.4%	21.6%	20.3%	31.4%	15.1%	13.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	2.0%	2.1%	2.3%	3.7%	3.2%	1.7%	3.6%	4.2%
Return on invested capital	0.3%	0.8%	0.3%	0.5%	0.5%	0.3%	2.0%	107.1%
Return on assets	0.3%	0.3%	0.3%	0.4%	0.4%	0.2%	0.5%	0.6%
Free cash flow yield	31.9%	35.7%	-144.1%	301.9%	70.6%	-4.0%	42.9%	-42.4%
Earnings yield	8.1%	13.3%	13.8%	25.6%	17.3%	6.1%	9.5%	15.2%
Enterprise value	€18.5B	€18.9B	€18B	€18.6B	€16.4B	€15.7B	€14.7B	€13B
Net debt / EBITDA	149.13×	163.34×	151.93×	99.93×	93.16×	142.62×	0×	0×
Cash conversion cycle (days)	0	320	224	-478	-859	498	0	0