Veolia Environnement SA

ENXTPA:VIE Stock Report

Market Cap: €23.0b

Veolia Environnement Valuation

Is VIE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VIE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: VIE (€31.44) is trading below our estimate of future cash flow value (€73.42)

Significantly Below Future Cash Flow Value: VIE is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VIE?

Key metric: As VIE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VIE. This is calculated by dividing VIE's market cap by their current earnings.
What is VIE's PE Ratio?
PE Ratio18.4x
Earnings€1.25b
Market Cap€23.03b

Price to Earnings Ratio vs Peers

How does VIE's PE Ratio compare to its peers?

The above table shows the PE ratio for VIE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
ENGI Engie
14.3x8.59%€58.3b
CNP CenterPoint Energy
23.1x11.83%US$25.8b
DTE DTE Energy
21x12.32%US$28.0b
AEE Ameren
18.6x9.42%US$29.1b
VIE Veolia Environnement
18.4x11.34%€23.0b

Price-To-Earnings vs Peers: VIE is good value based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (19.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does VIE's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
VIE 18.4xIndustry Avg. 18.2xNo. of Companies8PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VIE is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the Global Integrated Utilities industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is VIE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VIE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.4x
Fair PE Ratio18x

Price-To-Earnings vs Fair Ratio: VIE is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the estimated Fair Price-To-Earnings Ratio (18x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VIE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€31.44
€39.56
+25.82%
6.47%€45.30€33.00n/a17
Sep ’27€32.56
€39.35
+20.85%
6.56%€45.30€33.00n/a18
Aug ’27€34.47
€39.35
+14.16%
6.33%€45.30€33.00n/a18
Jul ’27€35.74
€39.28
+9.91%
6.75%€45.30€33.00n/a17
Jun ’27€34.13
€38.89
+13.96%
6.94%€45.30€33.00n/a17
May ’27€35.94
€38.28
+6.50%
7.85%€45.30€32.50n/a17
Apr ’27€33.08
€37.06
+12.05%
9.03%€45.30€32.50n/a17
Mar ’27€35.96
€36.48
+1.44%
9.40%€45.30€32.50n/a17
Feb ’27€31.63
€35.68
+12.80%
11.08%€45.30€26.50n/a18
Jan ’27€29.72
€35.48
+19.39%
10.56%€45.30€26.50n/a17
Dec ’26€29.44
€35.34
+20.02%
10.97%€45.30€26.50n/a17
Nov ’26€28.65
€34.98
+22.11%
12.87%€45.30€25.30n/a18
Oct ’26€28.95
€35.01
+20.94%
12.92%€45.30€25.30n/a18
Sep ’26€27.89
€35.01
+25.53%
12.89%€45.30€25.30€32.5618
Aug ’26€29.29
€35.23
+20.27%
12.68%€45.30€25.30€34.4718
Jul ’26€30.48
€35.28
+15.76%
12.71%€45.30€25.30€35.7418
Jun ’26€30.28
€35.28
+16.52%
12.71%€45.30€25.30€34.1318
May ’26€32.18
€35.11
+9.09%
13.02%€45.30€25.00€35.9418
Apr ’26€32.38
€36.04
+11.32%
9.84%€45.30€28.30€33.0818
Mar ’26€28.76
€35.67
+24.03%
10.21%€45.30€28.30€35.9617
Feb ’26€27.55
€35.45
+28.66%
10.13%€45.30€28.30€31.6317
Jan ’26€27.11
€35.69
+31.64%
9.40%€45.30€29.90€29.7217
Dec ’25€27.57
€35.31
+28.08%
10.42%€45.30€28.00€29.4417
Nov ’25€29.29
€35.41
+20.88%
10.32%€45.30€28.00€28.6517
Oct ’25€29.64
€34.99
+18.06%
10.96%€45.30€28.00€28.9515
Sep ’25€29.94
€34.99
+16.86%
10.22%€43.40€28.00€27.8915
€39.56
Fair Value
20.5% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 03:55
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Veolia Environnement SA is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arnaud JoanBanco Santander
Julie AravBarclays
Peter CramptonBarclays