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French (CAC) Industrials Sector Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies111
  • 7D3.0%
  • 3M0.5%
  • 1Y22.2%
  • YTD1.4%

In the last week, the Industrials industry is up 4.0%, with Airbus up 5.3%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

Has the French Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026€801.8b€572.4b€33.4b18.6x24x1.4x
Fri, 05 Dec 2025€773.1b€576.1b€33.3b21.9x23.2x1.3x
Sun, 02 Nov 2025€801.7b€575.4b€33.1b24.6x24.2x1.4x
Tue, 30 Sep 2025€784.6b€573.2b€32.9b22.2x23.9x1.4x
Thu, 28 Aug 2025€739.7b€572.2b€31.3b19.7x23.7x1.3x
Sat, 26 Jul 2025€765.3b€565.5b€25.5b21.8x30.1x1.4x
Mon, 23 Jun 2025€725.1b€564.9b€25.6b19.5x28.3x1.3x
Wed, 21 May 2025€738.3b€565.0b€25.6b18.9x28.9x1.3x
Fri, 18 Apr 2025€662.8b€562.6b€24.8b17.1x26.8x1.2x
Sun, 16 Mar 2025€729.6b€576.8b€24.1b16.4x30.3x1.3x
Tue, 11 Feb 2025€692.6b€563.2b€25.5b16.7x27.2x1.2x
Thu, 09 Jan 2025€659.5b€561.9b€25.0b16.3x26.4x1.2x
Sat, 07 Dec 2024€659.3b€561.4b€25.0b16.4x26.3x1.2x
Mon, 04 Nov 2024€642.7b€529.5b€24.8b16.8x25.9x1.2x
Wed, 02 Oct 2024€628.6b€527.9b€24.7b16.6x25.5x1.2x
Fri, 30 Aug 2024€632.0b€523.2b€26.2b16.1x24.1x1.2x
Sun, 28 Jul 2024€618.3b€547.1b€29.3b17.1x21.1x1.1x
Tue, 25 Jun 2024€627.3b€514.1b€28.8b17.4x21.8x1.2x
Thu, 23 May 2024€667.4b€513.6b€28.8b17.8x23.1x1.3x
Sat, 20 Apr 2024€637.6b€508.8b€29.2b14.5x21.9x1.3x
Mon, 18 Mar 2024€633.8b€515.7b€28.0b13.4x22.6x1.2x
Wed, 14 Feb 2024€590.4b€513.6b€28.1b13.3x21x1.1x
Fri, 12 Jan 2024€583.7b€527.3b€28.8b14.5x20.3x1.1x
Sun, 10 Dec 2023€583.5b€527.4b€28.8b14.3x20.3x1.1x
Tue, 07 Nov 2023€532.2b€524.4b€28.8b12.9x18.5x1x
Thu, 05 Oct 2023€532.4b€520.7b€28.7b13.6x18.6x1x
Sat, 02 Sep 2023€554.6b€519.4b€28.8b15.6x19.3x1.1x
Mon, 31 Jul 2023€567.3b€517.8b€28.7b15.7x19.7x1.1x
Wed, 28 Jun 2023€545.2b€500.4b€21.9b17.2x24.9x1.1x
Fri, 26 May 2023€542.6b€500.5b€21.9b17x24.8x1.1x
Sun, 23 Apr 2023€550.3b€496.0b€22.2b17.1x24.8x1.1x
Tue, 21 Mar 2023€527.8b€490.7b€22.0b18x24x1.1x
Thu, 16 Feb 2023€537.1b€468.8b€3.2b20.3x165.5x1.1x
Sat, 14 Jan 2023€521.9b€461.8b€2.8b19x187.1x1.1x
Price to Earnings Ratio

187.1x


Total Market Cap: €521.9bTotal Earnings: €2.8bTotal Revenue: €461.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 31.6x202420252026
Current Industry PE
  • Investors are pessimistic on the French Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.2x which is lower than its 3-year average PE of 31.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 129% per year over the last three years.
  • Revenues for these companies have grown 7.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the French Industrials sector?

FR Market1.14%
Industrials2.98%
Aerospace & Defense5.78%
Industrials3.43%
Machinery2.70%
Trade Distributors2.54%
Infrastructure2.25%
Electrical1.29%
Professional Services0.68%
Logistics0.57%
Commercial Services0.53%
Transportation0.45%
Construction0.37%
Airlines0%0
Building-4.01%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 11.5x.
    • Analysts are expecting annual earnings growth of 60.0% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Logistics industry, which is trading below its 3-year average of 33.6x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Building industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AIR Airbus€209.405.3%
+€8.3b		32.2%PE32.6x
SAF Safran€312.705.1%
+€6.4b		44.8%PE30.2x
HO Thales€247.907.9%
+€3.7b		77.6%PE48.7x
SU Schneider Electric€240.652.0%
+€2.6b		-4.9%PE31.5x
AM Dassault Aviation société anonyme€291.607.0%
+€1.5b		48.4%PE29.2x

Latest News

SGO
€83.30
Compagnie de Saint-Gobain
7D
-4.1%
1Y
-2.3%
SAF
€312.70
Safran
7D
5.1%
1Y
44.8%

At €313, Is It Time To Put Safran SA (EPA:SAF) On Your Watch List?

Jan 07
At €313, Is It Time To Put Safran SA (EPA:SAF) On Your Watch List?
ALO
€25.86
Alstom
7D
3.1%
1Y
21.3%

ALO: Execution Risks Will Likely Restrain Upside Despite Raised Expectations

Alstom's analyst fair value estimate has been revised from €12.11 to €13.18 as analysts factor in updated expectations for revenue growth, profit margins, and a slightly higher future P/E multiple following recent price target increases to €20, €27, and €28.80. Analyst Commentary Recent research on Alstom points to a mix of confidence in the equity story and caution around how much is already reflected in valuation.
DG
€120.40
Vinci
7D
-0.04%
1Y
19.0%

Vinci (EPA:DG) Shareholders Will Want The ROCE Trajectory To Continue

Jan 04
Vinci (EPA:DG) Shareholders Will Want The ROCE Trajectory To Continue
RXL
€34.39
Rexel
7D
2.5%
1Y
37.9%
BVI
€27.18
Bureau Veritas
7D
-0.07%
1Y
-5.8%

Do Bureau Veritas' (EPA:BVI) Earnings Warrant Your Attention?

Jan 03
Do Bureau Veritas' (EPA:BVI) Earnings Warrant Your Attention?
FGA
€10.70
Figeac Aero Société Anonyme
7D
-1.4%
1Y
79.5%
AIR
€209.40
Airbus
7D
5.3%
1Y
32.2%
ADP
€114.40
Aeroports de Paris
7D
2.4%
1Y
3.8%

Revenues Tell The Story For Aeroports de Paris SA (EPA:ADP)

Dec 30
Revenues Tell The Story For Aeroports de Paris SA (EPA:ADP)
SU
€240.65
Schneider Electric
7D
2.0%
1Y
-4.9%
EXE
€37.80
EXEL Industries
7D
-2.8%
1Y
-16.4%
HO
€247.90
Thales
7D
7.9%
1Y
77.6%

HO: Defense Strength And Cyber Drag Will Shape Mid Term Performance

Analysts have raised their price target on Thales to EUR 230 from EUR 220, citing a series of upward revisions to Street targets and increasing confidence in the company’s ability to sustain mid single digit organic growth and resilient margins despite lingering cyber headwinds. Analyst Commentary Recent Street research reflects a more nuanced stance on Thales, with rising price targets tempered by lingering concerns around certain business segments and the durability of current valuation multiples.
ELIS
€24.06
Elis
7D
-0.9%
1Y
25.8%

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Dec 25
Is Elis SA (EPA:ELIS) Trading At A 27% Discount?
LR
€125.80
Legrand
7D
-1.4%
1Y
31.7%

LR: Expanding Data Center Exposure Will Drive Stronger Long-Term Cash Generation

Our analyst fair value estimate for Legrand has inched up to EUR 167 from EUR 165 as analysts factor in improving cash generation, stronger data center driven growth prospects, and slightly higher expected margins, partially offset by a modestly higher discount rate. Analyst Commentary Recent Street research reflects a generally constructive stance on Legrand, with a series of rating changes and price target revisions clustering around the EUR 150 to EUR 167 range.
STF
€128.80
STEF
7D
-1.8%
1Y
-1.4%

STEF SA (EPA:STF) Could Be Riskier Than It Looks

Dec 17
STEF SA (EPA:STF) Could Be Riskier Than It Looks
AM
€291.60
Dassault Aviation société anonyme
7D
7.0%
1Y
48.4%

AM: Rising Defense Demand Will Support Stronger Earnings Trajectory

Analysts have modestly trimmed their price target on Dassault Aviation société anonyme to approximately EUR 383 from about EUR 384. This reflects slightly higher discount-rate assumptions, even as they acknowledge improving revenue growth prospects, stronger profit margins, and a normalization in future valuation multiples.