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French (CAC) Industrials Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies112
  • 7D5.2%
  • 3M-1.7%
  • 1Y26.6%
  • YTD1.6%

In the last week, the Industrials industry is up 5.2%, with Schneider Electric up 10%. In the last 12 months, the industry was up 27%. Earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026€803.1b€580.4b€37.4b22.5x21.5x1.4x
Tue, 10 Mar 2026€781.3b€580.2b€38.5b20x20.3x1.3x
Thu, 05 Feb 2026€797.1b€573.0b€33.4b19x23.8x1.4x
Sat, 03 Jan 2026€794.0b€572.4b€33.4b18.8x23.8x1.4x
Mon, 01 Dec 2025€776.2b€576.1b€33.3b22.1x23.3x1.3x
Wed, 29 Oct 2025€806.7b€573.2b€32.9b24.2x24.5x1.4x
Fri, 26 Sep 2025€775.3b€573.2b€32.9b22.4x23.6x1.4x
Sun, 24 Aug 2025€765.0b€572.0b€31.3b21.3x24.5x1.3x
Tue, 22 Jul 2025€776.3b€564.3b€25.6b22x30.3x1.4x
Thu, 19 Jun 2025€725.6b€564.9b€25.6b19.5x28.3x1.3x
Sat, 17 May 2025€730.0b€565.0b€25.6b19.4x28.5x1.3x
Mon, 14 Apr 2025€637.8b€562.5b€24.8b16.8x25.8x1.1x
Wed, 12 Mar 2025€708.1b€576.6b€24.1b16.5x29.3x1.2x
Fri, 07 Feb 2025€686.0b€561.6b€25.0b16.2x27.4x1.2x
Sun, 05 Jan 2025€647.7b€561.9b€25.0b17.3x25.9x1.2x
Tue, 03 Dec 2024€644.2b€561.4b€25.0b16.5x25.7x1.1x
Thu, 31 Oct 2024€640.7b€527.9b€24.7b16.4x25.9x1.2x
Sat, 28 Sep 2024€644.9b€528.2b€24.7b16.7x26.1x1.2x
Mon, 26 Aug 2024€627.4b€522.2b€26.2b16.7x23.9x1.2x
Wed, 24 Jul 2024€618.4b€514.1b€28.8b18.5x21.5x1.2x
Fri, 21 Jun 2024€626.2b€514.1b€28.8b17.6x21.8x1.2x
Sun, 19 May 2024€662.6b€513.6b€28.8b17.1x23x1.3x
Tue, 16 Apr 2024€638.2b€508.9b€29.2b13.9x21.9x1.3x
Thu, 14 Mar 2024€629.6b€515.5b€27.9b14.1x22.6x1.2x
Sat, 10 Feb 2024€597.9b€510.3b€27.9b13.2x21.4x1.2x
Mon, 08 Jan 2024€578.4b€527.3b€28.8b14.6x20.1x1.1x
Wed, 06 Dec 2023€570.4b€528.7b€28.8b14.7x19.8x1.1x
Fri, 03 Nov 2023€533.4b€524.4b€28.8b12.8x18.5x1x
Sun, 01 Oct 2023€539.6b€520.7b€28.7b14x18.8x1x
Tue, 29 Aug 2023€553.9b€519.3b€28.8b15.6x19.3x1.1x
Thu, 27 Jul 2023€561.6b€500.6b€22.2b16x25.3x1.1x
Sat, 24 Jun 2023€545.3b€500.4b€21.9b17.4x24.9x1.1x
Mon, 22 May 2023€560.0b€500.5b€21.9b16.7x25.5x1.1x
Wed, 19 Apr 2023€550.1b€495.8b€22.2b18.1x24.8x1.1x
Price to Earnings Ratio

24.8x


Total Market Cap: €550.1bTotal Earnings: €22.2bTotal Revenue: €495.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 23.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the French Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.8x.
  • 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 19% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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 Market3.20%
Industrials5.15%
Trade Distributors10.26%
Electrical10.03%
Building7.57%
Commercial Services6.20%
Logistics6.12%
Construction3.46%
Aerospace & Defense3.33%
Infrastructure3.05%
Transportation2.65%
Professional Services2.61%
Airlines0%0
Machinery-3.09%
Industrials-3.70%
Industry PE
  • Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 25.4%, which is higher than its past year's earnings decline of 10.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 38% over the next 5 years.
  • In contrast, the Construction industry is expected to see its earnings grow by 7.3% 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
SU Schneider Electric€260.2010.2%
+€13.5b		32.1%PE35.1x
SAF Safran€313.309.0%
+€10.8b		53.1%PE18.1x
AIR Airbus€169.502.6%
+€3.4b		25.7%PE25.6x
LR Legrand€148.859.5%
+€3.4b		65.0%PE31.3x
SGO Compagnie de Saint-Gobain€76.007.8%
+€2.7b		-7.7%PE12.9x

Latest News

AIR
€169.50
Airbus
7D
2.6%
1Y
25.7%
LR
€148.85
Legrand
7D
9.5%
1Y
65.0%
HO
€259.20
Thales
7D
-3.1%
1Y
5.8%
DG
€135.65
Vinci
7D
3.1%
1Y
19.8%

DG: Fair Value View Will Hinge On Concession Deals And Capital Discipline

Vinci's analyst fair value estimate has edged up to about €143 from about €142 as analysts factor in slightly higher revenue growth expectations and a modestly lower discount rate, while keeping profit margin and future P/E assumptions broadly steady. Analyst Commentary Recent Street research around Vinci reflects a mix of optimism on valuation and business quality alongside some caution on the share price setup.
EXENS
€60.90
Exosens
7D
-6.6%
1Y
100.0%

EXENS: Defense Contracts And Higher Future P E Assumptions Will Support Earnings Power

Exosens' updated analyst price target has shifted from €61.00 to €75.00. This reflects analysts' revised fair value views, supported by a series of recent target increases from major banks citing their latest assessments on growth, profitability and P/E assumptions.
SU
€260.20
Schneider Electric
7D
10.2%
1Y
32.1%

SU: Conviction List Support And AI Data Centers Will Drive Future Upside

Narrative Update The blended analyst price target for Schneider Electric has edged down to about €292.86 from €295.50 as analysts balance a series of recent target increases from several banks with a modest cut from Morgan Stanley. The target still reflects updated assumptions for slightly higher revenue growth, stable margins and a marginally lower future P/E multiple.
LAT
€0.016
Latécoère
7D
-24.0%
1Y
9.0%
AM
€325.00
Dassault Aviation société anonyme
7D
-3.4%
1Y
11.5%
RXL
€38.05
Rexel
7D
10.7%
1Y
80.2%

RXL: Higher P/E Assumptions Will Tighten Cushion For 2026 Execution

Rexel's analyst price targets have moved higher, with recent adjustments including increases to €40 and €41.80, alongside a €35 target. These updates support a modest recalibration of fair value to about €26.45 as analysts consider updated revenue growth, profit margins and future P/E assumptions.
SAF
€313.30
Safran
7D
9.0%
1Y
53.1%

SAF: Dividend Policy And Bullish Coverage Will Support Future Repricing

Analysts have raised Safran's price target to €342 from €275, with additional bullish coverage helping support a modest adjustment to growth and discount rate assumptions, while the intrinsic fair value estimate remains broadly unchanged at €416. Analyst Commentary Recent Street research on Safran points to a constructive tone, with bullish analysts resetting price targets and formal coverage in a way that aligns with a higher fundamental valuation framework than the current intrinsic estimate of €416 alone might suggest.
SGO
€76.00
Compagnie de Saint-Gobain
7D
7.8%
1Y
-7.7%

SGO: Fair Value View Will Outlast U.S. Headwinds And Slow European Recovery

Analysts have trimmed the fair value estimate for Compagnie de Saint-Gobain from about €129.54 to €126.00, reflecting a series of reduced price targets across the Street and caution around U.S. headwinds and a slower than expected European recovery. Analyst Commentary Street research on Compagnie de Saint-Gobain has become more cautious, with several firms trimming their price targets while keeping broadly constructive views on execution and medium term growth potential.
EXA
€123.30
Exail Technologies
7D
-7.3%
1Y
200.0%
ALO
€23.15
Alstom
7D
-4.6%
1Y
25.2%

ALO: Future Execution On Major Contracts Will Support Upside Potential

Alstom's updated analyst price target edges higher to €31, with analysts pointing to slightly stronger revenue growth and margin assumptions, along with a modestly lower future P/E multiple. Analyst Commentary Recent research updates show a mix of views on Alstom, with some firms turning more cautious while others are raising valuation markers.
EN
€52.54
Bouygues
7D
4.4%
1Y
49.9%

EN: Elevated Earnings Expectations Will Likely Restrain Future Share Price Upside

Analysts have lifted their Bouygues price targets by about €5 to €8 per share to a range of roughly €48 to €62, citing refreshed views on earnings quality, margin resilience and valuation, which together support an unchanged fair value estimate of €43 per share in this update. Analyst Commentary The recent round of research highlights a split in how the market is valuing Bouygues, with some large banks lifting targets to the upper end of the €40s and €60s and others staying closer to the low €40s.
CEN
€56.40
Groupe CRIT
7D
-2.4%
1Y
-5.7%
MLUAV
€39.20
Embention Sistemas Inteligentes
7D
-8.8%
1Y
100.0%