Pierre et Vacances (VAC) AI Stock Analysis

• Market Cap: €743.55M
• Dividend Yield: N/A
• Average Volume (3M): 147.47K
• Price to Earnings (P/E): 65.7
• Beta (1Y): 1.39
• Revenue Growth: -1.03%
• EPS Growth: N/A
• Country: FR
• Employees: 13,000
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): -0.25
• Shares Outstanding: 461,982,540
• 10 Day Avg. Volume: 117,291
• 30 Day Avg. Volume: 147,469
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.50
• Price Target Upside: -6.83% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: €1.50 ▼(-6.83% Downside)

The overall stock score of 54 reflects a company with potential for recovery due to revenue growth and improving profitability, but significant risks remain due to high financial leverage and negative equity. The technical indicators suggest a neutral market sentiment, while the high P/E ratio points to potential overvaluation concerns.

Pierre et Vacances Business Overview & Revenue Model

Company Description

Pierre et Vacances (VAC) is a leading European provider of holiday resorts and residential tourism, specializing in the development and management of vacation properties across various destinations. The company operates in sectors such as tourism and real estate, offering a range of products including self-catering apartments, holiday villages, and premium residences. With a focus on family-friendly accommodations and experiences, Pierre et Vacances aims to provide memorable vacation options in both mountain and seaside locations.

How the Company Makes Money

Pierre et Vacances generates revenue primarily through the rental of its vacation properties. The company earns income by managing a portfolio of self-catering apartments and holiday villages, charging customers for short-term and long-term stays. Additional revenue streams include the sale of real estate properties, partnerships with local businesses for activities and services, and ancillary services such as travel insurance and transportation. Significant partnerships with tourism boards and local attractions also enhance its offerings and help drive customer engagement. The company's ability to attract repeat customers and maintain high occupancy rates further contributes to its financial success.

Pierre et Vacances Financial Statement Overview

Summary

Pierre et Vacances has demonstrated revenue growth and improving profitability, but significant financial leverage and negative equity are major concerns. While operating cash flow is strong, the company's high debt levels and negative equity position may pose risks to long-term financial health. Overall, the company shows potential for recovery but remains vulnerable due to its capital structure.

Income Statement

The company has shown a consistent revenue growth from 2020 to 2024, with a notable increase in revenue from EUR 937.2 million in 2021 to EUR 1,817.9 million in 2024. The gross profit margin has improved, reaching 31.8% in 2024. The net profit margin turned positive in 2024 at 1.1%, indicating a recovery from negative margins in prior years. However, EBIT and EBITDA margins reflect some volatility, highlighting operational challenges.

Balance Sheet

The company's balance sheet is concerning due to negative stockholders' equity, which was EUR -381.57 million in 2024, suggesting potential financial instability. The debt-to-equity ratio is not applicable due to negative equity, but the high total debt of EUR 3.25 billion in 2024 remains a risk. The equity ratio is negative, indicating financial leverage concerns.

Cash Flow

The company has shown positive operating cash flow in recent years, with EUR 285.9 million in 2024. Free cash flow is also positive at EUR 195.6 million in 2024, suggesting some liquidity strength. However, the free cash flow growth rate has fluctuated, and the high debt levels could pose future liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.82B	1.82B	1.79B	1.61B	937.20M	1.17B
Gross Profit	572.98M	577.38M	570.14M	568.48M	60.07M	143.59M
EBITDA	540.63M	540.81M	466.43M	902.32M	102.94M	74.14M
Net Income	20.03M	20.03M	-63.10M	291.10M	-426.44M	-425.25M
Balance Sheet
Total Assets	3.83B	3.83B	4.36B	3.90B	3.83B	3.88B
Cash, Cash Equivalents and Short-Term Investments	105.21M	105.21M	468.84M	470.34M	446.69M	205.32M
Total Debt	3.25B	3.25B	3.68B	3.20B	3.69B	3.42B
Total Liabilities	4.21B	4.21B	4.78B	4.26B	4.82B	4.44B
Stockholders Equity	-381.57M	-381.57M	-410.87M	-356.13M	-986.78M	-561.40M
Cash Flow
Free Cash Flow	217.87M	195.61M	201.07M	26.89M	-27.74M	-32.99M
Operating Cash Flow	288.04M	285.91M	318.60M	85.79M	11.46M	12.62M
Investing Cash Flow	-114.44M	-112.31M	-80.68M	-73.73M	-50.24M	-39.39M
Financing Cash Flow	-555.39M	-555.39M	-224.28M	31.02M	61.47M	111.53M

Pierre et Vacances Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:VAC, the sentiment is Negative. The current price of 1.61 is above the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.65, and above the 200-day MA of 1.54, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.38 is Neutral, neither overbought nor oversold. The STOCH value of 33.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:VAC.

Pierre et Vacances Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AC	71 Outperform	9.96B	17.90	12.12%	3.10%	6.43%	-5.77%
VAC	54 Neutral	€743.55M	65.71	―	―	-1.03%	―
ALLHB	54 Neutral	175.56M	41.30	9.06%	0.41%	-7.92%	-15.45%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%