Carrefour: Diminishing Markets And Declining Stock


Source: seekingalpha.com seekingalpha.com

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SOPA Images/LightRocket via Getty Images When you first look at Carrefour SA (OTCPK:CRRFY), it might seem like an attractive investment. The company has been growing its financials since FY2021, showing consistent increases in its top and bottom lines. It has a strong market position in France, Brazil and Spain. Furthermore, with an increase in levered free cash flow, share buybacks, and a FWD price-to-earnings ratio of 9.32, Carrefour seems to be undervalued compared to its supermarket and retail industry peers. However, the stock has seen little movement over the last five years and has lost 54.38% in value over the...