BOUYGUES SA (EN.PA)
FR0000120503 - Common Stock
We assign a fundamental rating of 4 out of 10 to EN. EN was compared to 39 industry peers in the Construction & Engineering industry. EN has a medium profitability rating, but doesn't score so well on its financial health evaluation. EN is not valued too expensively and it also shows a decent growth rate. Finally EN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EN had positive earnings in the past year.
In the past year EN had a positive cash flow from operations.
In the past 5 years EN has always been profitable.
EN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.73%, EN is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
EN has a worse Return On Equity (8.70%) than 61.54% of its industry peers.
EN's Return On Invested Capital of 5.32% is on the low side compared to the rest of the industry. EN is outperformed by 64.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EN is significantly below the industry average of 10.56%.
The 3 year average ROIC (4.66%) for EN is below the current ROIC(5.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 8.7% | ||
| ROIC | 5.32% |
ROA(3y)1.95%
ROA(5y)2.11%
ROE(3y)8.81%
ROE(5y)8.9%
ROIC(3y)4.66%
ROIC(5y)4.8%
1.3 Margins
With a Profit Margin value of 1.88%, EN is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of EN has declined.
EN has a Operating Margin of 4.12%. This is comparable to the rest of the industry: EN outperforms 46.15% of its industry peers.
In the last couple of years the Operating Margin of EN has declined.
EN has a Gross Margin of 54.88%. This is in the better half of the industry: EN outperforms 69.23% of its industry peers.
EN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.12% | ||
| PM (TTM) | 1.88% | ||
| GM | 54.88% |
OM growth 3Y0.11%
OM growth 5Y-6.93%
PM growth 3Y-2.55%
PM growth 5Y-12.78%
GM growth 3Y-1.04%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EN is still creating some value.
Compared to 1 year ago, EN has more shares outstanding
EN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that EN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EN (1.16) is worse than 74.36% of its industry peers.
EN has a debt to FCF ratio of 4.60. This is a neutral value as EN would need 4.60 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.60, EN is in the better half of the industry, outperforming 64.10% of the companies in the same industry.
EN has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
EN has a worse Debt to Equity ratio (1.13) than 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.21
WACC4.4%
2.3 Liquidity
A Current Ratio of 0.94 indicates that EN may have some problems paying its short term obligations.
EN has a Current ratio of 0.94. This is in the lower half of the industry: EN underperforms 69.23% of its industry peers.
EN has a Quick Ratio of 0.94. This is a bad value and indicates that EN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of EN (0.85) is worse than 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
EN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.14%.
The Earnings Per Share has been decreasing by -4.80% on average over the past years.
Looking at the last year, EN shows a small growth in Revenue. The Revenue has grown by 1.96% in the last year.
Measured over the past years, EN shows a quite strong growth in Revenue. The Revenue has been growing by 9.52% on average per year.
EPS 1Y (TTM)-5.14%
EPS 3Y14.79%
EPS 5Y-4.8%
EPS Q2Q%13.68%
Revenue 1Y (TTM)1.96%
Revenue growth 3Y17.32%
Revenue growth 5Y9.52%
Sales Q2Q%1.52%
3.2 Future
Based on estimates for the next years, EN will show a small growth in Earnings Per Share. The EPS will grow by 6.07% on average per year.
The Revenue is expected to grow by 1.69% on average over the next years.
EPS Next Y3.51%
EPS Next 2Y8.73%
EPS Next 3Y10.1%
EPS Next 5Y6.07%
Revenue Next Year2.32%
Revenue Next 2Y2.17%
Revenue Next 3Y2.07%
Revenue Next 5Y1.69%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.18, the valuation of EN can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of EN indicates a somewhat cheap valuation: EN is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.73, EN is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.06, the valuation of EN can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EN indicates a somewhat cheap valuation: EN is cheaper than 66.67% of the companies listed in the same industry.
EN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.18 | ||
| Fwd PE | 8.06 |
4.2 Price Multiples
EN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. EN is cheaper than 79.49% of the companies in the same industry.
94.87% of the companies in the same industry are more expensive than EN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.3 | ||
| EV/EBITDA | 3.99 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EN does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.9
PEG (5Y)N/A
EPS Next 2Y8.73%
EPS Next 3Y10.1%
5. Dividend
5.1 Amount
EN has a Yearly Dividend Yield of 6.74%, which is a nice return.
Compared to an average industry Dividend Yield of 3.84, EN pays a better dividend. On top of this EN pays more dividend than 97.44% of the companies listed in the same industry.
EN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
5.2 History
The dividend of EN has a limited annual growth rate of 1.25%.
Dividend Growth(5Y)1.25%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
EN pays out 67.61% of its income as dividend. This is not a sustainable payout ratio.
EN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.61%
EPS Next 2Y8.73%
EPS Next 3Y10.1%
BOUYGUES SA
EPA:EN (12/20/2024, 7:00:00 PM)
28.19
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners18.16%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.68B
Analysts72.38
Price Target36.82 (30.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
Dividend Growth(5Y)1.25%
DP67.61%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.86%
Min EPS beat(2)10.41%
Max EPS beat(2)11.32%
EPS beat(4)3
Avg EPS beat(4)4.15%
Min EPS beat(4)-5.4%
Max EPS beat(4)11.32%
EPS beat(8)5
Avg EPS beat(8)8.77%
EPS beat(12)8
Avg EPS beat(12)9.03%
EPS beat(16)10
Avg EPS beat(16)16.17%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-2%
Max Revenue beat(2)2.21%
Revenue beat(4)3
Avg Revenue beat(4)4.84%
Min Revenue beat(4)-2%
Max Revenue beat(4)11.8%
Revenue beat(8)7
Avg Revenue beat(8)7.19%
Revenue beat(12)9
Avg Revenue beat(12)4.76%
Revenue beat(16)11
Avg Revenue beat(16)3.49%
PT rev (1m)-0.92%
PT rev (3m)-4.27%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.18 | ||
| Fwd PE | 8.06 | ||
| P/S | 0.19 | ||
| P/FCF | 3.3 | ||
| P/OCF | 1.87 | ||
| P/B | 0.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.99 |
EPS(TTM)2.77
EY9.83%
EPS(NY)3.5
Fwd EY12.41%
FCF(TTM)8.54
FCFY30.29%
OCF(TTM)15.11
OCFY53.59%
SpS149.41
BVpS32.22
TBVpS-11.03
PEG (NY)2.9
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 8.7% | ||
| ROCE | 7.74% | ||
| ROIC | 5.32% | ||
| ROICexc | 5.99% | ||
| ROICexgc | 14.88% | ||
| OM | 4.12% | ||
| PM (TTM) | 1.88% | ||
| GM | 54.88% | ||
| FCFM | 5.72% |
ROA(3y)1.95%
ROA(5y)2.11%
ROE(3y)8.81%
ROE(5y)8.9%
ROIC(3y)4.66%
ROIC(5y)4.8%
ROICexc(3y)6%
ROICexc(5y)6.06%
ROICexgc(3y)16.69%
ROICexgc(5y)15.44%
ROCE(3y)6.73%
ROCE(5y)6.91%
ROICexcg growth 3Y8.93%
ROICexcg growth 5Y1.53%
ROICexc growth 3Y3%
ROICexc growth 5Y-5.54%
OM growth 3Y0.11%
OM growth 5Y-6.93%
PM growth 3Y-2.55%
PM growth 5Y-12.78%
GM growth 3Y-1.04%
GM growth 5Y0.25%
F-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 4.6 | ||
| Debt/EBITDA | 2.58 | ||
| Cap/Depr | 82.8% | ||
| Cap/Sales | 4.4% | ||
| Interest Coverage | 6.76 | ||
| Cash Conversion | 107.25% | ||
| Profit Quality | 304.71% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 1.16 |
F-Score6
WACC4.4%
ROIC/WACC1.21
Cap/Depr(3y)96.95%
Cap/Depr(5y)98.73%
Cap/Sales(3y)5.67%
Cap/Sales(5y)5.91%
Profit Quality(3y)135.45%
Profit Quality(5y)128.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.14%
EPS 3Y14.79%
EPS 5Y-4.8%
EPS Q2Q%13.68%
EPS Next Y3.51%
EPS Next 2Y8.73%
EPS Next 3Y10.1%
EPS Next 5Y6.07%
Revenue 1Y (TTM)1.96%
Revenue growth 3Y17.32%
Revenue growth 5Y9.52%
Sales Q2Q%1.52%
Revenue Next Year2.32%
Revenue Next 2Y2.17%
Revenue Next 3Y2.07%
Revenue Next 5Y1.69%
EBIT growth 1Y9.23%
EBIT growth 3Y17.45%
EBIT growth 5Y1.93%
EBIT Next Year119.29%
EBIT Next 3Y34.5%
EBIT Next 5Y18.27%
FCF growth 1Y2479.41%
FCF growth 3Y54.66%
FCF growth 5Y47.25%
OCF growth 1Y136.77%
OCF growth 3Y16.43%
OCF growth 5Y15.79%