- Rexel anticipates an adjusted EBITA margin of 5.9% for the fiscal year, down from the initial expectation of 6.3% to 6.6%.
- Same-day sales are predicted to decline by 2% to 2.5%, compared to the earlier estimate of a 0.08% decrease.
- The company has lowered its 2024 outlook.
- Despite the adjustments, Rexel expects strong free cash flow with a conversion rate now projected to be above 65%, compared to the previous guidance of 60%.
- Market analysts have issued recommendations on the stock, resulting in 7 buy ratings, 5 hold ratings, and 2 sell ratings.
Rexel SA on Smartkarma
On Smartkarma, independent analyst Leonard Law, CFA, recently published a bullish ESG report on Rexel SA. In the report titled “Rexel – ESG Report – Lucror Analytics,” Lucror Analytics assesses Rexel’s ESG (Environmental, Social, and Governance) performance. The ESG Scores, based on a 3-tiered scale and adjusted for Controversies, rate Rexel’s overall ESG as “Strong.” The report highlights that Rexel’s Social and Governance scores are robust, while the Environmental score is considered “Adequate.” Additionally, the report indicates that Controversies are deemed “Immaterial,” and the level of Disclosure is reported as “Strong.”
A look at Rexel SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Rexel SA shows a promising long-term outlook. With a solid score of 4 for Dividend and Momentum, the company displays strength in providing returns to investors and showcasing positive market momentum. Additionally, scoring 3 in both Value and Growth, Rexel SA demonstrates a balance between being fairly priced and having potential for expansion. The Resilience score of 3 suggests the company’s ability to withstand market fluctuations and challenges.
Rexel SA operates as a distributor of low voltage electrical equipment, offering a wide range of products from wires and cables to security and household appliances. Catering to various customer segments including electrical contractors, industrial companies, homeowners, and government agencies, Rexel SA plays a vital role in providing essential electrical solutions across different sectors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
