Pierre et Vacances SA/€VAC
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Pierre et Vacances SA
Pierre et Vacances SA is a European tourism services company headquartered in Paris, France. It operates in the tourism and real estate development industries, primarily through the brands Pierre & Vacances, Center Parcs, and Adagio. The company provides holiday residences, resorts, and other tourist accommodations. Founded in 1967 by Gérard Brémond, Pierre et Vacances has developed a unique business model combining tourism and real estate. Its operations are largely concentrated in Europe, with a significant presence in France, the Netherlands, and Germany. The company has established a strong market position by leveraging its expertise in both the tourism and real estate sectors.
- Ticker
- €VAC
- Sector
- Consumer Discretionary
- Primary listing
- PAR
- Employees
- 9,174
- Headquarters
- Paris, France
- Website
- www.groupepvcp.com
VAC Metrics
BasicAdvanced
€864M
17.43
€0.11
1.75
-
Price and volume
Market cap
€864M
Beta
1.75
52-week high
€2.00
52-week low
€1.53
Average daily volume
191K
Financial strength
Current ratio
0.248
Quick ratio
0.248
Long term debt to equity
-7.382
Total debt to equity
-7.379
Interest coverage (TTM)
1.47%
Profitability
EBITDA (TTM)
328.137
Gross margin (TTM)
35.22%
Net profit margin (TTM)
2.92%
Operating margin (TTM)
14.69%
Effective tax rate (TTM)
12.94%
Revenue per employee (TTM)
€210,000
Management effectiveness
Return on assets (TTM)
4.25%
Return on equity (TTM)
-11.82%
Valuation
Price to earnings (TTM)
17.431
Price to revenue (TTM)
0.456
Price to book
-1.99
Price to tangible book (TTM)
-1.18
Price to free cash flow (TTM)
2.957
Free cash flow yield (TTM)
33.82%
Free cash flow per share (TTM)
0.632
Growth
Revenue change (TTM)
4.72%
Earnings per share change (TTM)
509.24%
3-year revenue growth (CAGR)
3.24%
10-year revenue growth (CAGR)
3.73%
3-year earnings per share growth (CAGR)
-55.35%
10-year earnings per share growth (CAGR)
-1.45%
What the Analysts think about VAC
Analyst ratings (Buy, Hold, Sell) for Pierre et Vacances SA stock.
Analyst projections of the future price of Pierre et Vacances SA stock.
Bulls say / Bears say
Tourism revenue grew 4.5% over the first nine months, and the group reaffirmed its €185 million adjusted EBITDA target for 2025/26. Strong summer bookings support the prospect of further growth. (Morningstar)
First-half tourism revenue rose 6%, with accommodation revenue up 6.2% as both prices and nights sold increased. Growth across all the main brands suggests demand is not relying on a single part of the business. (Euronext)
Mubadala Capital has signed a tender-offer agreement, with shareholders representing 80.13% of the share capital committed to tender. The offer provides a potential cash exit at €1.90 per share, with a further €0.10 conditional on a squeeze-out. (Morningstar)
First-half adjusted EBITDA loss widened to €41.6 million from €40.3 million, while the group reported a €101.4 million net loss. The seasonal rebound still needs to deliver to convert full-year guidance into results. (Euronext)
Higher accommodation VAT in the Netherlands and Belgium is weighing on Center Parcs pricing. In the third quarter, Dutch revenue fell 6.1% and average selling prices dropped 7.2%. (L'Echo touristique, Morningstar)
The group reported negative equity at 31 March 2026 and a decline in net cash, reflecting cash consumption in the seasonally weak first half. This leaves less financial headroom if trading or investment needs disappoint. (Euronext)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
VAC Financial Performance
Revenues and expenses
VAC Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing VAC
Fund name | Fund size | €VAC weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.02% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.