Edenred is the world leader in prepaid corporate services, with its main business in employee benefits, such as meal vouchers. This market is highly concentrated: In key region Brazil, for example, Edenred is the number-one player, followed closely by peers Sodexo and Alelo. Together, the three control 90% of the market. Edenred has a presence in over 40 countries and holds the number-one or number-two spot in each of its key markets.
Edenred's programs center on providing for basic needs, which insulates the company from economic cycles.
About half of Edenred's volume is generated in France and Brazil. This concentration exposes the company to meaningful risk if tax laws are changed in these countries.
|
Metric
|
EDEN
|
SW
|
|---|---|---|
Price/Earnings (Normalized) | 37.71 | 17.77 |
Price/Book Value | — | 2.84 |
Price/Sales | 4.55 | 0.56 |
Price/Cash Flow | 16.65 | 12.88 |
|
Metric
|
EDEN
|
SW
|
|---|---|---|
Quick Ratio | 0.69 | 1.11 |
Current Ratio | 0.92 | 1.22 |
Interest Coverage | — | 5.65 |
|
Metric
|
EDEN
|
SW
|
|---|---|---|
Return on Assets (Normalized) | 2.87% | 5.08% |
Return on Equity (Normalized) | — | 22.19% |
Return on Invested Capital (Normalized) | 10.29% | 9.76% |
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Ticker
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Name
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Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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