Veolia Environnement S.A. is a French-based company involved in environmental services and waste management. On 3rd February 2023, its market capitalisation stood at 19.7 bln Euro (EUR). This is slightly more than the preceding day’s figure of 19.6 bln EUR. However, for the year to date, there has been a decrease of 9 bln EUR when compared to the market cap on 1st February which was estimated at 20.2 bln EUR.
The price per share of the company as of 3rd February 2023 stood at 28.47 EUR with an average 50 day price of 26.12 and 200 day price of 24.13 EUR respectively. The number of shares outstanding as of this date was 701993984 showing that Veolia Enviroment S.A.’s investor base is diverse and stable attracting both long term and short term investors alike who are willing to invest in the company’s growth trajectory in order to gain returns, thus assuring stability and consistency in earnings generated by price movements throughout the year.
The PE Ratio (price to earnings ratio) as of 3rd February 2023 was 60 with an EPS (earnings per share) figure standing at 0.47 indicating that investors are willing to pay more for every euro earned by the company suggesting that they are optimistic about future performance and growth prospects with respect to return on investments made into Veolia Environment S.A.. Overall, it can be concluded that based on current market capitalization figures along with PE ratios the financial condition of Veolia Environment S.A., is currently stable and attractive for investors looking to buy into its high potential growth trajectory in the future.
