Want to see FR:VAC full AI Analyst Report?
Top Page
Pierre et Vacances
(VAC)
Select Model
Select Model
Rating:59Neutral
Price Target:
€2.00
▲(6.95% Upside)
Action:Reiterated
Date:08/04/26
The score is held back primarily by financial risk from a stressed balance sheet (persistent negative equity and high leverage) despite an improving operating recovery and positive free cash flow. Technical indicators are supportive with the stock trading above major moving averages and positive MACD, while valuation appears reasonable at a ~17 P/E but lacks dividend support.
Positive Factors
Operating recovery
Sustained return to profitability and resumed revenue growth indicate the business has moved past the acute pandemic shock. This durable recovery improves internal cash generation, supports ongoing operations and investment, and reduces reliance on emergency financing over the next several quarters.
Negative Factors
Negative shareholders' equity
Persistent negative equity signals structural balance-sheet stress that limits financial flexibility and raises covenant and refinancing risks. In a cyclical lodging sector, this weak capital position constrains strategic choices and increases vulnerability to macro shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating recovery
Sustained return to profitability and resumed revenue growth indicate the business has moved past the acute pandemic shock. This durable recovery improves internal cash generation, supports ongoing operations and investment, and reduces reliance on emergency financing over the next several quarters.
Read all positive factors
Pierre et Vacances (VAC) vs. iShares MSCI France ETF (EWQ)
Market Cap
€866.41M
Dividend YieldN/A
Average Volume (3M)191.38K
Price to Earnings (P/E)17.1
Beta (1Y)0.95
Revenue Growth4.72%
EPS Growth386.12%
CountryFR
Employees13,000
SectorGeneral
Sector StrengthN/A
IndustryTravel Lodging
Share Statistics
EPS (TTM)0.11
Shares Outstanding461,990,630
10 Day Avg. Volume281,034
30 Day Avg. Volume191,381
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)-2.28
Price to Sales (P/S)0.42
P/FCF Ratio3.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.11
Revenue Forecast (FY)€2.02B
Pierre et Vacances Business Overview & Revenue Model
Company Description
Pierre et Vacances SA, through its various affiliates, functions as an international enterprise specializing in both vacation property investment and holiday accommodation services, with operations extending across Europe and beyond. The company's...
How the Company Makes Money
Pierre & Vacances makes money primarily by selling and distributing leisure stays and by operating accommodation assets and resort villages. Key revenue streams typically include: (1) Accommodation and package sales: revenue from short-stay and we...
Pierre et Vacances Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
28
Negative
Cash Flow
55
Neutral
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.89B | 1.87B | 1.82B | 1.79B | 1.61B | 937.20M |
| Gross Profit | 89.20M | 270.70M | 577.38M | 570.14M | 531.94M | 140.51M |
| EBITDA | 417.01M | 570.20M | 540.81M | 466.43M | 902.32M | 104.65M |
| Net Income | 54.94M | 33.50M | 20.03M | -63.10M | 291.10M | -426.44M |
Balance Sheet | ||||||
| Total Assets | 3.86B | 3.85B | 3.83B | 4.36B | 3.90B | 3.83B |
| Cash, Cash Equivalents and Short-Term Investments | 76.19M | 97.74M | 105.21M | 468.84M | 470.34M | 446.69M |
| Total Debt | 3.21B | 6.20B | 3.25B | 3.68B | 3.20B | 3.69B |
| Total Liabilities | 4.30B | 4.19B | 4.21B | 4.78B | 4.26B | 4.82B |
| Stockholders Equity | -434.50M | -342.06M | -381.57M | -410.87M | -356.13M | -986.78M |
Cash Flow | ||||||
| Free Cash Flow | 305.18M | 225.26M | 195.61M | 201.07M | 26.89M | -27.74M |
| Operating Cash Flow | 375.54M | 321.35M | 285.91M | 318.60M | 85.79M | 11.46M |
| Investing Cash Flow | -60.78M | -77.16M | -112.31M | -80.68M | -73.73M | -50.24M |
| Financing Cash Flow | -317.94M | -233.35M | -555.39M | -224.28M | 31.02M | 61.47M |
Pierre et Vacances Technical Analysis
Positive
1.87
Price Trends
1.83
Positive
1.83
Positive
1.79
Positive
Market Momentum
0.01
Negative
59.99
Neutral
32.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:VAC, the sentiment is Positive. The current price of 1.87 is above the 20-day moving average (MA) of 1.86, above the 50-day MA of 1.83, and above the 200-day MA of 1.79, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 59.99 is Neutral, neither overbought nor oversold. The STOCH value of 32.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:VAC.
Pierre et Vacances Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | €792.27M | 16.10 | ― | 3.76% | 6.76% | -17.89% | |
60 Neutral | €10.82B | 40.70 | 10.40% | 2.92% | -0.35% | -48.90% | |
59 Neutral | €866.41M | 17.05 | -14.15% | ― | 4.72% | 386.12% | |
59 Neutral | €171.61M | 3.79 | 11.74% | 1.78% | 4.53% | 426.70% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €177.94M | 81.52 | ― | 0.41% | -27.60% | -48.84% |
* General Sector Average
FR:VAC
Pierre et Vacances
1.87
0.18
10.38%
FR:AC
Accor SA
46.22
3.48
8.15%
FR:PARP
Groupe Partouche SA
17.35
-0.19
-1.08%
FR:MLCMB
Compagnie du Mont-Blanc SA
254.00
30.52
13.66%
FR:ALLHB
Les Hotels Baverez SA
75.00
-0.70
-0.92%
FR:ALVDM
Voyageurs du Monde SA
178.00
14.00
8.54%
Pierre et Vacances Corporate Events
Pierre & Vacances-Center Parcs lifts tourism revenue and agrees Mubadala-backed takeover
Jul 23, 2026
Groupe Pierre Vacances-Center Parcs reported a 2.2% rise in economic tourism revenue in the third quarter of 2025/2026 and a 4.5% increase over the first nine months, lifting total economic revenue to 1.304 billion euros. Adjusted EBITDA for the ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.