Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

French (CAC) Industrials Sector Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies111
  • 7D1.8%
  • 3M3.1%
  • 1Y25.0%
  • YTD3.3%

Over the last 7 days, the Industrials industry has risen 1.8%, driven by gains from Airbus of 0.8%. In the same time, Schneider Electric was down 5.5%. This takes the industry's 12 month performance to a gain of 25%. 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
Thu, 15 Jan 2026€816.5b€572.4b€33.4b18.6x24.4x1.4x
Sat, 13 Dec 2025€770.1b€575.8b€33.3b19.9x23.1x1.3x
Mon, 10 Nov 2025€773.3b€575.8b€33.1b22.2x23.4x1.3x
Wed, 08 Oct 2025€794.8b€573.2b€32.9b28.1x24.2x1.4x
Fri, 05 Sep 2025€742.4b€572.8b€31.2b20x23.8x1.3x
Sun, 03 Aug 2025€734.2b€571.8b€31.3b20.4x23.5x1.3x
Tue, 01 Jul 2025€755.1b€564.9b€25.6b18.9x29.5x1.3x
Thu, 29 May 2025€741.1b€565.0b€25.6b19x29x1.3x
Sat, 26 Apr 2025€684.3b€562.6b€24.8b16.6x27.6x1.2x
Mon, 24 Mar 2025€729.6b€561.9b€24.8b16.9x29.4x1.3x
Wed, 19 Feb 2025€720.7b€566.1b€22.8b17.7x31.5x1.3x
Fri, 17 Jan 2025€665.3b€561.4b€25.0b15.9x26.6x1.2x
Sun, 15 Dec 2024€656.9b€562.1b€25.0b16.5x26.3x1.2x
Tue, 12 Nov 2024€666.4b€562.5b€25.0b16.7x26.7x1.2x
Thu, 10 Oct 2024€631.9b€527.9b€24.7b16.6x25.6x1.2x
Sat, 07 Sep 2024€604.8b€523.4b€26.2b16.7x23.1x1.2x
Mon, 05 Aug 2024€594.1b€522.2b€26.2b16.7x22.7x1.1x
Wed, 03 Jul 2024€606.3b€514.1b€28.8b17.4x21.1x1.2x
Fri, 31 May 2024€663.2b€513.9b€28.8b17.7x23x1.3x
Sun, 28 Apr 2024€639.1b€509.7b€29.3b15x21.8x1.3x
Tue, 26 Mar 2024€648.9b€508.8b€29.2b13.8x22.2x1.3x
Thu, 22 Feb 2024€603.0b€517.2b€28.2b13.2x21.4x1.2x
Sat, 20 Jan 2024€591.3b€527.3b€28.8b15.4x20.6x1.1x
Mon, 18 Dec 2023€586.5b€527.3b€28.8b14.9x20.4x1.1x
Wed, 15 Nov 2023€553.2b€528.5b€28.8b13.9x19.2x1x
Fri, 13 Oct 2023€535.3b€520.7b€28.7b12.9x18.7x1x
Sun, 10 Sep 2023€554.5b€520.3b€28.8b15.4x19.3x1.1x
Tue, 08 Aug 2023€557.6b€519.2b€28.8b16.5x19.4x1.1x
Thu, 06 Jul 2023€554.8b€500.4b€21.9b16.3x25.3x1.1x
Sat, 03 Jun 2023€551.5b€500.4b€21.9b17.5x25.2x1.1x
Mon, 01 May 2023€554.2b€496.1b€22.1b16.3x25x1.1x
Wed, 29 Mar 2023€527.4b€495.3b€22.2b17.8x23.8x1.1x
Fri, 24 Feb 2023€548.5b€482.0b€6.1b19.9x89.4x1.1x
Sun, 22 Jan 2023€525.6b€461.8b€2.8b19x188.5x1.1x
Price to Earnings Ratio

188.5x


Total Market Cap: €525.6bTotal Earnings: €2.8bTotal Revenue: €461.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 30.4x202420252026
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 24.4x which is lower than its 3-year average PE of 30.5x.
  • 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 Market1.52%
Industrials1.83%
Aerospace & Defense5.09%
Logistics0.83%
Building0.42%
Industrials0.20%
Transportation0.055%
Airlines0%0
Commercial Services-0.39%
Electrical-0.60%
Machinery-1.12%
Professional Services-1.44%
Trade Distributors-1.48%
Infrastructure-2.29%
Construction-2.64%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 11.8x.
    • 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 7.4% 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€215.450.8%
+€1.3b		39.6%PE33.6x
AM Dassault Aviation société anonyme€311.201.8%
+€438.0m		52.8%PE31.1x
SGO Compagnie de Saint-Gobain€84.460.5%
+€187.3m		-1.7%PE14.8x
EXENS Exosens€57.503.0%
+€86.3m		190.4%PE52.4x
FGA Figeac Aero Société Anonyme€11.808.3%
+€39.7m		93.4%PS1.2x

Latest News

AYV
€11.63
Ayvens
7D
-4.0%
1Y
70.3%
DG
€116.75
Vinci
7D
-6.0%
1Y
16.8%
EXA
€106.60
Exail Technologies
7D
1.5%
1Y
473.7%

Market Participants Recognise Exail Technologies' (EPA:EXA) Revenues Pushing Shares 29% Higher

Jan 13
Market Participants Recognise Exail Technologies' (EPA:EXA) Revenues Pushing Shares 29% Higher
ADP
€109.50
Aeroports de Paris
7D
-5.2%
1Y
2.1%

ADP: Regulatory Backdrop And Traffic Trends Will Shape Balanced Future Returns

Narrative Update Overview Analysts have nudged their fair value estimate for Aeroports de Paris slightly higher to about €125.67 from €125.47, citing a more favorable view on the risk and return profile reflected in recent Street research and updated assumptions for the discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research points to a more constructive stance on Aeroports de Paris, with some analysts highlighting a balance between potential upside and regulatory risk.
HO
€263.10
Thales
7D
-2.0%
1Y
81.0%

HO: Cyber Margin Drag Will Constrain Upside Despite Defense And Aerospace Execution

Analysts have nudged their price targets on Thales higher into a €250 to €275 range, pointing to solid Q3 performance in Defense and Aerospace, a slightly lower discount rate, and a modestly higher future P/E assumption, while continuing to flag Cyber as a key margin headwind. Analyst Commentary Recent research on Thales has centered on how to balance strong Q3 delivery in Defense and Aerospace with ongoing pressure in Cyber and questions around how much optimism is already reflected in current valuation multiples.
EXENS
€57.50
Exosens
7D
3.0%
1Y
190.4%

EXENS: Future Defense Contracts Will Expose Overvaluation Risk Despite Extended Supply Agreement

Analysts have raised their price target on Exosens to about $38.30 from $33.50, citing updated assumptions for fair value, discount rate, revenue, profit margin and future P/E that they see as better reflecting the company’s current outlook. What's in the News Theon International completed the acquisition of a 9.8% stake in Exosens from Invest Gamma, HLD Europe S.C.A. and Invest Prince Henri SCA for about €268.7 million at €54 per share.
FGR
€120.50
Eiffage
7D
-6.2%
1Y
43.5%

FGR: Index Inclusion And Concession Wins Will Support Higher Future Earnings Multiples

Analysts have nudged their price target on Eiffage up to €172 from €168, reflecting updated assumptions around discount rates, modest revenue growth and slightly stronger profit margins, while maintaining a constructive view on the shares. Analyst Commentary Analysts updating their work on Eiffage are fine tuning their models rather than changing the broad view.
SU
€231.00
Schneider Electric
7D
-5.5%
1Y
-8.3%

SU: Data Center Supply Agreements Will Drive Outperformance Over The Next Two Years

Analysts have adjusted their price target on Schneider Electric slightly higher to reflect updated fair value estimates and revised assumptions for the discount rate, revenue growth, profit margin and future P/E, resulting in a modest uplift in their implied valuation in currency terms. What's in the News Digital Realty signed a $373 million Supply Capacity Agreement with Schneider Electric for UPS, low voltage switchgear and prefabricated skids, aiming to secure capacity and supply chain resilience for growing data center demand (Key Developments).
AM
€311.20
Dassault Aviation société anonyme
7D
1.8%
1Y
52.8%

AM: Execution On Defense Programs Will Support Future Earnings Trajectory

Analysts trimmed their price target on Dassault Aviation société anonyme from about €383 to roughly €379, citing a more cautious stance on European defense names and a shift in preference toward larger local champions with broader portfolios. Analyst Commentary Recent commentary around Dassault Aviation société anonyme reflects a more cautious tone on European defense, with some experts expecting share performance across the sector to be more mixed this year.
SAF
€320.20
Safran
7D
-0.7%
1Y
44.0%

SAF: Elevated Margin Hurdles Will Pressure Outlook Despite UK Expansion

Our analyst price target for Safran has edged slightly lower to €265 from €268, even as Street analysts lift their targets to a range of €350 to €360 on the back of updated guidance and implied EBIT strength. This relies on higher profit margins and a modestly lower future P/E multiple in our model.
SGO
€84.46
Compagnie de Saint-Gobain
7D
0.5%
1Y
-1.7%

SGO: Cautious Earnings Outlook Will Contrast With Bullish View On LSE Delisting

The analyst price target for Compagnie de Saint-Gobain is updated to €133.64 from €136.40. This reflects analysts' more cautious view as they factor in softer assumptions on growth, margins and P/E multiples, alongside recent Street target cuts citing U.S. headwinds and a slow European recovery.
SPIE
€48.04
SPIE
7D
-4.8%
1Y
55.7%

SPIE: Future Revenue Will Surpass €10b With Measured Profitability Outlook

Analysts have nudged their fair value estimate for SPIE slightly higher, to €53.45 from €52.83, reflecting small adjustments to assumptions on the discount rate, revenue growth, profit margins and expected future P/E. What's in the News SPIE signed a European framework agreement with Tesla for battery energy storage system projects using Tesla Megapack solutions, covering all group subsidiaries in Europe with BESS installation expertise (Key Developments).
FGA
€11.80
Figeac Aero Société Anonyme
7D
8.3%
1Y
93.4%
AIR
€215.45
Airbus
7D
0.8%
1Y
39.6%

AIR: Delivery Execution And New Orders Will Support Steady Future Cash Generation

Our Airbus fair value estimate edges slightly lower to €224.25, even as analysts lift price targets into a €205 to €240 range, based on better than expected Q3 results, solid margins, strong free cash flow, and reiterated guidance that now factors in tariff and headwind costs. Analyst Commentary Recent Street research on Airbus clusters around a higher valuation range, with several firms lifting price targets following the latest Q3 update, stronger than expected profitability metrics, and reaffirmed guidance that now explicitly includes tariff and headwind costs.
BB
€52.90
Société BIC
7D
1.3%
1Y
-15.0%

BB: Index Inclusion And Portfolio Refocus Will Support Balanced Long Term Outlook

Analysts have kept their price target for Société BIC broadly unchanged at €57.90. This reflects only very small adjustments to the discount rate, long-term revenue trends and expected profit margins, leaving their overall valuation view effectively steady.
MLUAV
€50.00
Embention Sistemas Inteligentes
7D
11.1%
1Y
125.2%