Abstract

As one of the largest retailers in the world, Carrefour SA performed outstandingly in FY 2021. In the face of the post-pandemic recovery of economy, in order to provide information and suggestions on investment, the paper analyses the accounting and performance of Carrefour in FY 2021. The accounting of essential factors in retail industry such as revenue, inventory, depreciation and goodwill was reliable and precise comparing to its most competitors. Performance was surprising and showed an increasing trend. Based on previous data and recent news, the paper forecasts the revenue, costs, interest and tax charges and the balance sheet. The continuous demand of the market and the expansion in Brazil market may have positive effects while the high inflation and developing energy crisis in Europe are the opposite. Using discounted cash flow (DCF) valuation method, the earnings per share (EPS) of Carrefour SA in FY 2022 and FY 2023 are calculated. Both Yahoo and Bloomberg give similar predictions that the EPS are expected to have a positive prospect.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.