SANOFI (SAN.PA) Fundamental Analysis & Valuation
EPA:SAN • FR0000120578
Current stock price
80.08 EUR
-1.68 (-2.05%)
Last:
This SAN.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SAN.PA Profitability Analysis
1.1 Basic Checks
- SAN had positive earnings in the past year.
- In the past year SAN had a positive cash flow from operations.
- In the past 5 years SAN has always been profitable.
- Each year in the past 5 years SAN had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 9.55%, SAN is in the better half of the industry, outperforming 74.51% of the companies in the same industry.
- The Return On Equity of SAN (16.80%) is better than 68.63% of its industry peers.
- The Return On Invested Capital of SAN (13.70%) is better than 70.59% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SAN is significantly below the industry average of 14.21%.
- The 3 year average ROIC (7.27%) for SAN is below the current ROIC(13.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.55% | ||
| ROE | 16.8% | ||
| ROIC | 13.7% |
ROA(3y)4.87%
ROA(5y)5.28%
ROE(3y)8.47%
ROE(5y)9.13%
ROIC(3y)7.27%
ROIC(5y)7.37%
1.3 Margins
- SAN's Profit Margin of 17.19% is fine compared to the rest of the industry. SAN outperforms 72.55% of its industry peers.
- In the last couple of years the Profit Margin of SAN has declined.
- The Operating Margin of SAN (22.86%) is better than 62.75% of its industry peers.
- In the last couple of years the Operating Margin of SAN has remained more or less at the same level.
- SAN has a Gross Margin (72.45%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of SAN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.86% | ||
| PM (TTM) | 17.19% | ||
| GM | 72.45% |
OM growth 3Y-2.46%
OM growth 5Y0.78%
PM growth 3Y-3.21%
PM growth 5Y-12.66%
GM growth 3Y1.06%
GM growth 5Y1.33%
2. SAN.PA Health Analysis
2.1 Basic Checks
- SAN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- SAN has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, SAN has less shares outstanding
- SAN has a worse debt/assets ratio than last year.
2.2 Solvency
- SAN has a debt to FCF ratio of 2.81. This is a good value and a sign of high solvency as SAN would need 2.81 years to pay back of all of its debts.
- SAN has a Debt to FCF ratio of 2.81. This is in the better half of the industry: SAN outperforms 70.59% of its industry peers.
- A Debt/Equity ratio of 0.19 indicates that SAN is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.19, SAN is doing good in the industry, outperforming 74.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.81 | ||
| Altman-Z | N/A |
ROIC/WACC1.88
WACC7.3%
2.3 Liquidity
- SAN has a Current Ratio of 1.01. This is a normal value and indicates that SAN is financially healthy and should not expect problems in meeting its short term obligations.
- SAN's Current ratio of 1.01 is on the low side compared to the rest of the industry. SAN is outperformed by 72.55% of its industry peers.
- SAN has a Quick Ratio of 1.01. This is a normal value and indicates that SAN is financially healthy and should not expect problems in meeting its short term obligations.
- SAN's Quick ratio of 1.01 is in line compared to the rest of the industry. SAN outperforms 54.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. SAN.PA Growth Analysis
3.1 Past
- The earnings per share for SAN have decreased by -9.35% in the last year.
- Measured over the past 5 years, SAN shows a small growth in Earnings Per Share. The EPS has been growing by 5.58% on average per year.
- Looking at the last year, SAN shows a small growth in Revenue. The Revenue has grown by 7.06% in the last year.
- SAN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.57% yearly.
EPS 1Y (TTM)-9.35%
EPS 3Y-1.77%
EPS 5Y5.58%
EPS Q2Q%-47.45%
Revenue 1Y (TTM)7.06%
Revenue growth 3Y0.97%
Revenue growth 5Y4.57%
Sales Q2Q%6.29%
3.2 Future
- Based on estimates for the next years, SAN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.50% on average per year.
- Based on estimates for the next years, SAN will show a small growth in Revenue. The Revenue will grow by 4.88% on average per year.
EPS Next Y9.55%
EPS Next 2Y7.78%
EPS Next 3Y8.98%
EPS Next 5Y8.5%
Revenue Next Year7.06%
Revenue Next 2Y6.58%
Revenue Next 3Y6.1%
Revenue Next 5Y4.88%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. SAN.PA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.49, the valuation of SAN can be described as reasonable.
- Based on the Price/Earnings ratio, SAN is valued cheaper than 86.27% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SAN to the average of the S&P500 Index (27.42), we can say SAN is valued rather cheaply.
- SAN is valuated reasonably with a Price/Forward Earnings ratio of 8.82.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SAN indicates a rather cheap valuation: SAN is cheaper than 96.08% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.29, SAN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 8.82 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SAN is valued cheaper than 98.04% of the companies in the same industry.
- SAN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SAN is cheaper than 80.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.63 | ||
| EV/EBITDA | 5.09 |
4.3 Compensation for Growth
- SAN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of SAN may justify a higher PE ratio.
PEG (NY)1.2
PEG (5Y)2.06
EPS Next 2Y7.78%
EPS Next 3Y8.98%
5. SAN.PA Dividend Analysis
5.1 Amount
- SAN has a Yearly Dividend Yield of 5.04%, which is a nice return.
- Compared to an average industry Dividend Yield of 1.96, SAN pays a better dividend. On top of this SAN pays more dividend than 88.24% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, SAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
5.2 History
- The dividend of SAN has a limited annual growth rate of 4.29%.
Dividend Growth(5Y)4.29%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
- 39.02% of the earnings are spent on dividend by SAN. This is a low number and sustainable payout ratio.
- The dividend of SAN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.02%
EPS Next 2Y7.78%
EPS Next 3Y8.98%
SAN.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:SAN (4/24/2026, 7:00:00 PM)
80.08
-1.68 (-2.05%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)04-23 2026-04-23/bmo
Earnings (Next)07-30 2026-07-30
Inst Owners46.54%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap97.07B
Revenue(TTM)71.13B
Net Income(TTM)12.23B
Analysts76
Price Target97.8 (22.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
Yearly Dividend3.88
Dividend Growth(5Y)4.29%
DP39.02%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.67%
Min EPS beat(2)-47.93%
Max EPS beat(2)4.58%
EPS beat(4)2
Avg EPS beat(4)-9.94%
Min EPS beat(4)-47.93%
Max EPS beat(4)5.86%
EPS beat(8)5
Avg EPS beat(8)-2.22%
EPS beat(12)7
Avg EPS beat(12)-1.41%
EPS beat(16)10
Avg EPS beat(16)-0.05%
Revenue beat(2)0
Avg Revenue beat(2)-1.75%
Min Revenue beat(2)-2.08%
Max Revenue beat(2)-1.42%
Revenue beat(4)0
Avg Revenue beat(4)-1.36%
Min Revenue beat(4)-2.08%
Max Revenue beat(4)-0.63%
Revenue beat(8)2
Avg Revenue beat(8)-0.74%
Revenue beat(12)2
Avg Revenue beat(12)-1.43%
Revenue beat(16)6
Avg Revenue beat(16)13.97%
PT rev (1m)-0.59%
PT rev (3m)-3.42%
EPS NQ rev (1m)1.33%
EPS NQ rev (3m)9.98%
EPS NY rev (1m)1.05%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)3.5%
Revenue NQ rev (3m)2.79%
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 8.82 | ||
| P/S | 1.36 | ||
| P/FCF | 13.63 | ||
| P/OCF | 9.1 | ||
| P/B | 1.33 | ||
| P/tB | 26.08 | ||
| EV/EBITDA | 5.09 |
EPS(TTM)6.97
EY8.7%
EPS(NY)9.08
Fwd EY11.34%
FCF(TTM)5.88
FCFY7.34%
OCF(TTM)8.8
OCFY10.98%
SpS58.68
BVpS60.06
TBVpS3.07
PEG (NY)1.2
PEG (5Y)2.06
Graham Number97.054 (21.2%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.55% | ||
| ROE | 16.8% | ||
| ROCE | 16.59% | ||
| ROIC | 13.7% | ||
| ROICexc | 14.52% | ||
| ROICexgc | 57.4% | ||
| OM | 22.86% | ||
| PM (TTM) | 17.19% | ||
| GM | 72.45% | ||
| FCFM | 10.02% |
ROA(3y)4.87%
ROA(5y)5.28%
ROE(3y)8.47%
ROE(5y)9.13%
ROIC(3y)7.27%
ROIC(5y)7.37%
ROICexc(3y)7.93%
ROICexc(5y)8.18%
ROICexgc(3y)31.53%
ROICexgc(5y)35.6%
ROCE(3y)8.83%
ROCE(5y)8.94%
ROICexgc growth 3Y-8.82%
ROICexgc growth 5Y0.55%
ROICexc growth 3Y-1.78%
ROICexc growth 5Y3.04%
OM growth 3Y-2.46%
OM growth 5Y0.78%
PM growth 3Y-3.21%
PM growth 5Y-12.66%
GM growth 3Y1.06%
GM growth 5Y1.33%
F-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.81 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 48.61% | ||
| Profit Quality | 58.26% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | N/A |
F-Score5
WACC7.3%
ROIC/WACC1.88
Cap/Depr(3y)72.34%
Cap/Depr(5y)68.47%
Cap/Sales(3y)7.26%
Cap/Sales(5y)6.37%
Profit Quality(3y)112.15%
Profit Quality(5y)114.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.35%
EPS 3Y-1.77%
EPS 5Y5.58%
EPS Q2Q%-47.45%
EPS Next Y9.55%
EPS Next 2Y7.78%
EPS Next 3Y8.98%
EPS Next 5Y8.5%
Revenue 1Y (TTM)7.06%
Revenue growth 3Y0.97%
Revenue growth 5Y4.57%
Sales Q2Q%6.29%
Revenue Next Year7.06%
Revenue Next 2Y6.58%
Revenue Next 3Y6.1%
Revenue Next 5Y4.88%
EBIT growth 1Y5.13%
EBIT growth 3Y-1.52%
EBIT growth 5Y5.38%
EBIT Next Year31.64%
EBIT Next 3Y15.57%
EBIT Next 5Y11.69%
FCF growth 1Y25.37%
FCF growth 3Y-3.94%
FCF growth 5Y6.7%
OCF growth 1Y20.22%
OCF growth 3Y1.22%
OCF growth 5Y8.03%
SANOFI / SAN.PA Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for SANOFI?
ChartMill assigns a fundamental rating of 6 / 10 to SAN.PA.
Can you provide the valuation status for SANOFI?
ChartMill assigns a valuation rating of 8 / 10 to SANOFI (SAN.PA). This can be considered as Undervalued.
How profitable is SANOFI (SAN.PA) stock?
SANOFI (SAN.PA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for SAN stock?
The Price/Earnings (PE) ratio for SANOFI (SAN.PA) is 11.49 and the Price/Book (PB) ratio is 1.33.
How sustainable is the dividend of SANOFI (SAN.PA) stock?
The dividend rating of SANOFI (SAN.PA) is 8 / 10 and the dividend payout ratio is 39.02%.