SANOFI (SAN.PA) Fundamental Analysis & Valuation
EPA:SAN • FR0000120578
Current stock price
78.025 EUR
-0.86 (-1.1%)
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.
- SAN had a positive operating cash flow in the past year.
- SAN had positive earnings in each of the past 5 years.
- Each year in the past 5 years SAN had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 9.55%, SAN is doing good in the industry, outperforming 77.55% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 16.80%, SAN is in the better half of the industry, outperforming 67.35% of the companies in the same industry.
- SAN has a Return On Invested Capital of 13.70%. This is in the better half of the industry: SAN outperforms 69.39% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SAN is significantly below the industry average of 14.21%.
- The last Return On Invested Capital (13.70%) for SAN is above the 3 year average (7.27%), which is a sign of increasing profitability.
| 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 73.47% of its industry peers.
- SAN's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 22.86%, SAN is doing good in the industry, outperforming 61.22% of the companies in the same industry.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SAN is creating value.
- The number of shares outstanding for SAN has been reduced compared to 1 year ago.
- SAN has less shares outstanding than it did 5 years ago.
- SAN has a worse debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of SAN is 2.81, which is a good value as it means it would take SAN, 2.81 years of fcf income to pay off 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 75.51% of its industry peers.
- A Debt/Equity ratio of 0.19 indicates that SAN is not too dependend on debt financing.
- SAN has a better Debt to Equity ratio (0.19) than 75.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.81 | ||
| Altman-Z | N/A |
ROIC/WACC1.88
WACC7.29%
2.3 Liquidity
- A Current Ratio of 1.01 indicates that SAN should not have too much problems paying its short term obligations.
- SAN has a worse Current ratio (1.01) than 71.43% 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 51.02% 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.
- SAN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.58% yearly.
- The Revenue has been growing slightly by 7.06% in the past 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.
- The Revenue is expected to grow by 4.88% on average over the next years.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- With a Price/Earnings ratio of 11.19, the valuation of SAN can be described as very reasonable.
- Based on the Price/Earnings ratio, SAN is valued cheaper than 85.71% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.91, SAN is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.59, the valuation of SAN can be described as reasonable.
- Based on the Price/Forward Earnings ratio, SAN is valued cheaper than 95.92% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 21.99. SAN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.19 | ||
| Fwd PE | 8.59 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SAN is valued cheaper than 97.96% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, SAN is valued a bit cheaper than the industry average as 77.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.28 | ||
| EV/EBITDA | 5.02 |
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)1.17
PEG (5Y)2.01
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 87.76% of the companies listed in the same industry.
- SAN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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
- SAN pays out 39.02% of its income as dividend. This is a sustainable payout ratio.
- SAN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.02%
EPS Next 2Y7.78%
EPS Next 3Y8.98%
SAN.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:SAN (4/29/2026, 5:20:20 PM)
78.025
-0.86 (-1.1%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Industry Strength52.03
Industry Growth58.67
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 Cap94.58B
Revenue(TTM)71.13B
Net Income(TTM)12.23B
Analysts76
Price Target97.8 (25.34%)
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 | 11.19 | ||
| Fwd PE | 8.59 | ||
| P/S | 1.33 | ||
| P/FCF | 13.28 | ||
| P/OCF | 8.87 | ||
| P/B | 1.3 | ||
| P/tB | 25.41 | ||
| EV/EBITDA | 5.02 |
EPS(TTM)6.97
EY8.93%
EPS(NY)9.08
Fwd EY11.64%
FCF(TTM)5.88
FCFY7.53%
OCF(TTM)8.8
OCFY11.27%
SpS58.68
BVpS60.06
TBVpS3.07
PEG (NY)1.17
PEG (5Y)2.01
Graham Number97.054 (24.39%)
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
WACC7.29%
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 7 / 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 11.19 and the Price/Book (PB) ratio is 1.3.
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%.