SANOFI (SAN.PA) Fundamental Analysis & Valuation
EPA:SAN • FR0000120578
Current stock price
78.9 EUR
-1.18 (-1.47%)
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.
- Each year in the past 5 years SAN has been profitable.
- SAN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of SAN (9.55%) is better than 77.55% of its industry peers.
- 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.
- With a decent Return On Invested Capital value of 13.70%, SAN is doing good in the industry, outperforming 69.39% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital 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 has a better Profit Margin (17.19%) than 73.47% of its industry peers.
- In the last couple of years the Profit Margin of SAN has declined.
- SAN has a better Operating Margin (22.86%) than 61.22% of its industry peers.
- In the last couple of years the Operating Margin of SAN has remained more or less at the same level.
- With a Gross Margin value of 72.45%, SAN perfoms like the industry average, outperforming 53.06% of the companies in the same industry.
- SAN's Gross Margin has been stable in the last couple of years.
| 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
- Compared to 1 year ago, SAN has a worse debt to assets ratio.
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 better Debt to FCF ratio (2.81) than 75.51% of its industry peers.
- SAN has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of SAN (0.19) is better 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
WACC7.3%
2.3 Liquidity
- A Current Ratio of 1.01 indicates that SAN should not have too much problems paying 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 71.43% of its industry peers.
- A Quick Ratio of 1.01 indicates that SAN should not have too much problems paying its short term obligations.
- SAN has a Quick ratio (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. SAN.PA Growth Analysis
3.1 Past
- SAN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.35%.
- 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.
- Measured over the past years, SAN shows a small growth in Revenue. The Revenue has been growing by 4.57% on average per year.
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
- SAN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.50% yearly.
- 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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. SAN.PA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.32 indicates a reasonable valuation of SAN.
- SAN's Price/Earnings ratio is rather cheap when compared to the industry. SAN is cheaper than 83.67% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SAN to the average of the S&P500 Index (27.35), we can say SAN is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.69, the valuation of SAN can be described as reasonable.
- SAN's Price/Forward Earnings ratio is rather cheap when compared to the industry. SAN is cheaper than 95.92% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.23, SAN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 8.69 |
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.
- SAN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SAN is cheaper than 77.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.43 | ||
| EV/EBITDA | 5.09 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- SAN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.19
PEG (5Y)2.03
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.
- SAN's Dividend Yield is rather good when compared to the industry average which is at 1.96. SAN pays more dividend than 87.76% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 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 (4/27/2026, 7:00:00 PM)
78.9
-1.18 (-1.47%)
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 Cap95.64B
Revenue(TTM)71.13B
Net Income(TTM)12.23B
Analysts76
Price Target97.8 (23.95%)
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 | 11.32 | ||
| Fwd PE | 8.69 | ||
| P/S | 1.34 | ||
| P/FCF | 13.43 | ||
| P/OCF | 8.97 | ||
| P/B | 1.31 | ||
| P/tB | 25.7 | ||
| EV/EBITDA | 5.09 |
EPS(TTM)6.97
EY8.83%
EPS(NY)9.08
Fwd EY11.51%
FCF(TTM)5.88
FCFY7.45%
OCF(TTM)8.8
OCFY11.15%
SpS58.68
BVpS60.06
TBVpS3.07
PEG (NY)1.19
PEG (5Y)2.03
Graham Number97.054 (23.01%)
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 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 11.32 and the Price/Book (PB) ratio is 1.31.
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%.