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French (CAC) Industrials Sector Analysis

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies112
  • 7D-0.4%
  • 3M4.3%
  • 1Y13.2%
  • YTD0.9%

Over the last 7 days, the Industrials industry has remained flat, although notably Compagnie de Saint-Gobain declined by 5.1%. The past year has been better, since the industry has gained 13% in that time. 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
Wed, 11 Mar 2026€798.3b€580.2b€38.5b21.2x20.7x1.4x
Fri, 06 Feb 2026€798.3b€573.0b€33.4b19x23.9x1.4x
Sun, 04 Jan 2026€794.0b€572.4b€33.4b18.8x23.8x1.4x
Tue, 02 Dec 2025€762.5b€576.1b€33.3b21.7x22.9x1.3x
Thu, 30 Oct 2025€803.4b€573.2b€32.9b24.2x24.4x1.4x
Sat, 27 Sep 2025€784.3b€573.2b€32.9b22.5x23.8x1.4x
Mon, 25 Aug 2025€765.0b€572.0b€31.3b21.3x24.5x1.3x
Wed, 23 Jul 2025€759.4b€564.3b€25.6b21.9x29.7x1.3x
Fri, 20 Jun 2025€715.8b€564.9b€25.6b19x27.9x1.3x
Sun, 18 May 2025€729.9b€565.0b€25.6b19.4x28.5x1.3x
Tue, 15 Apr 2025€656.4b€562.4b€24.8b17.1x26.5x1.2x
Thu, 13 Mar 2025€720.1b€576.6b€24.1b16.6x29.8x1.2x
Sat, 08 Feb 2025€687.5b€562.1b€25.2b16.5x27.3x1.2x
Mon, 06 Jan 2025€647.7b€561.9b€25.0b17.3x25.9x1.2x
Wed, 04 Dec 2024€649.4b€561.4b€25.0b16.5x25.9x1.2x
Fri, 01 Nov 2024€640.7b€528.7b€24.9b16.4x25.7x1.2x
Sun, 29 Sep 2024€644.9b€528.2b€24.7b16.7x26.1x1.2x
Tue, 27 Aug 2024€627.1b€522.2b€26.2b16.5x23.9x1.2x
Thu, 25 Jul 2024€612.6b€515.4b€29.1b17.6x21.1x1.2x
Sat, 22 Jun 2024€622.6b€514.1b€28.8b17.2x21.6x1.2x
Mon, 20 May 2024€662.6b€513.6b€28.8b17.9x23x1.3x
Wed, 17 Apr 2024€638.2b€508.8b€29.2b13.9x21.9x1.3x
Fri, 15 Mar 2024€629.6b€515.7b€28.0b13.8x22.5x1.2x
Sun, 11 Feb 2024€597.9b€513.4b€28.1b13.3x21.3x1.2x
Tue, 09 Jan 2024€583.3b€527.3b€28.8b14.5x20.3x1.1x
Thu, 07 Dec 2023€576.5b€528.7b€28.8b14.2x20x1.1x
Sat, 04 Nov 2023€535.0b€524.4b€28.8b12.8x18.6x1x
Mon, 02 Oct 2023€539.6b€520.7b€28.7b14x18.8x1x
Wed, 30 Aug 2023€556.0b€519.3b€28.8b15.6x19.3x1.1x
Fri, 28 Jul 2023€561.2b€503.6b€22.3b16x25.2x1.1x
Sun, 25 Jun 2023€545.3b€500.4b€21.9b17.4x24.9x1.1x
Tue, 23 May 2023€560.6b€500.5b€21.9b16.9x25.5x1.1x
Thu, 20 Apr 2023€552.4b€495.8b€22.2b17.4x24.9x1.1x
Sat, 18 Mar 2023€524.3b€495.0b€22.1b17.8x23.7x1.1x
Price to Earnings Ratio

23.7x


Total Market Cap: €524.3bTotal Earnings: €22.1bTotal Revenue: €495.0bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 24.1x202420252026
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 20.7x which is lower than its 3-year average PE of 24.1x.
  • 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 20% 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 Market-0.33%
Industrials-0.41%
Industrials2.28%
Aerospace & Defense0.93%
Electrical0.35%
Airlines0%0
Transportation-0.66%
Trade Distributors-0.81%
Professional Services-0.83%
Commercial Services-2.35%
Logistics-2.62%
Construction-2.62%
Infrastructure-3.79%
Machinery-4.76%
Building-4.95%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 13.9x.
    • 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 34.0x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Construction industry is expected to see its earnings grow by 7.7% 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€177.901.4%
+€2.0b		9.1%PE26.8x
AM Dassault Aviation société anonyme€345.404.4%
+€890.0m		19.8%PE27.4x
SU Schneider Electric€255.050.6%
+€843.3m		14.5%PE34.4x
EXENS Exosens€67.806.6%
+€213.2m		116.2%PE49x
NEX Nexans€121.103.8%
+€191.9m		30.4%PE24.7x

Latest News

AM
€345.40
Dassault Aviation société anonyme
7D
4.4%
1Y
19.8%
HO
€250.50
Thales
7D
0.4%
1Y
6.7%
EN
€49.16
Bouygues
7D
-3.6%
1Y
39.7%
FGR
€135.45
Eiffage
7D
-3.1%
1Y
31.8%

FGR: New Index Inclusion And Concession Wins Will Support Future P/E Stability

The analyst price target for Eiffage has been raised from about €144 to about €152. Analysts point to updated assumptions around slightly lower growth, a modestly higher margin profile, a lower discount rate and a reduced future P/E multiple, in line with recent target increases from €145 to €170 and from €172 to €178 at major banks.
SU
€255.05
Schneider Electric
7D
0.6%
1Y
14.5%

The Power Behind the Brain: Why Schneider Electric is the Undisputed Infrastructure King of the 2026 AI Build-out

1. The "AI Factory" Gold Rush Schneider is no longer just selling circuit breakers; it is building the physical backbone of the AI era.
SGO
€74.12
Compagnie de Saint-Gobain
7D
-5.1%
1Y
-24.5%

SGO: Fair Value View Will Look Through U.S. And European Headwinds

The analyst fair value estimate for Compagnie de Saint-Gobain has been trimmed by about €4.60 to €129.54. This adjustment reflects recent Street price target cuts between €2 and €14 as analysts weigh slower European recovery expectations and U.S. headwinds against updated assumptions on growth, margins and future P/E.
BB
€54.30
Société BIC
7D
4.4%
1Y
-10.1%

BB: Dividend Plans And Governance Changes Will Support Balanced Future Performance

Analysts have nudged their price target for Société BIC slightly higher to about €58 per share, reflecting updated assumptions around discount rates, long term revenue trends, profit margins and future price-to-earnings expectations. What's in the News Société BIC SA plans an ordinary dividend of €2.40 per share for fiscal year 2025, to be paid on June 3, 2026, with an estimated total payout of €98 million and a 51% payout ratio (company announcement).
SPIE
€48.20
SPIE
7D
-6.3%
1Y
21.7%

SPIE: Tesla Energy Storage Agreement Will Drive Margins And Upside Potential

Analysts have kept their fair value estimate for SPIE steady at €60.00, with updated assumptions showing slightly different discount rate, revenue growth, profit margin and future P/E inputs, which together drive only a marginal adjustment to their price target rationale. What's in the News CEO transition planned, with long-serving Chief Executive Officer Gauthier Louette set to step down after the annual general shareholders’ meeting on 30 April 2026, in line with the company’s age limit policy (Key Developments).
NEX
€121.10
Nexans
7D
3.8%
1Y
30.4%

NEX: European Grid Exposure And Enedis Contract Will Support Future Upside

Analysts have nudged their price expectations for Nexans higher to €157 from €132, citing the recent upgrade in rating and a view that the market weakness does not fully reflect the company’s exposure to the European grid and a potential cyclical recovery in the region. Analyst Commentary Recent research on Nexans has shifted toward a more constructive tone, with bullish analysts flagging what they see as a mismatch between the share price and the company’s exposure to European grid projects and a possible cyclical pickup in the region.
AIR
€177.90
Airbus
7D
1.4%
1Y
9.1%

AIR: Softer Deliveries And Engine Constraints Will Temper Upside Despite Solid Order Flow

Our Airbus fair value estimate has been trimmed by about €7 to €162.83, as analysts factor in softer delivery expectations, slower near term catalysts, and modestly lower margin assumptions despite generally supportive longer term ratings. Analyst Commentary Recent research updates show a tilt toward more cautious expectations on Airbus, with several bearish analysts trimming price targets and flagging execution risks on deliveries and margins.
DG
€130.20
Vinci
7D
-2.3%
1Y
13.6%
ALO
€24.80
Alstom
7D
-5.5%
1Y
8.3%

ALO: Order Execution And Contract Delivery Will Shape Future P/E Balance

Analysts have nudged their average price target on Alstom slightly higher to €26.18, reflecting updated views that incorporate recent target increases from some banks and more cautious stances from others. Analyst Commentary Recent research on Alstom has been mixed, with some large banks lifting their targets and others turning more cautious.
EXENS
€67.80
Exosens
7D
6.6%
1Y
116.2%
GET
€17.37
Getlink
7D
-4.0%
1Y
12.1%
ADP
€106.70
Aeroports de Paris
7D
-3.7%
1Y
8.1%

ADP: Mixed Price Signals And Traffic Trends Will Guide Future P/E Expectations

Analysts have nudged their price target on Aeroports de Paris slightly higher, with a blended view moving from about €122 to roughly €122.50. This reflects mixed Street updates that balance a recent increase to €138 with a separate €14 cut from another firm.
IDL
€382.50
ID Logistics Group
7D
2.8%
1Y
-0.5%