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

French (CAC) Industrials Sector Analysis

UpdatedJan 02, 2026
DataAggregated Company Financials
Companies111
  • 7D0.4%
  • 3M-3.0%
  • 1Y20.9%
  • YTDn/a

The Industrials industry has stayed flat over the last week. As for the the longer term, the industry is up 21% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jan 2026€780.8b€572.4b€33.4b18.6x23.4x1.4x
Sun, 30 Nov 2025€776.2b€576.1b€33.3b22.1x23.3x1.3x
Tue, 28 Oct 2025€810.7b€573.2b€32.9b24.2x24.6x1.4x
Thu, 25 Sep 2025€778.7b€573.1b€32.9b20.8x23.7x1.4x
Sat, 23 Aug 2025€765.0b€572.0b€31.3b21.3x24.5x1.3x
Mon, 21 Jul 2025€776.3b€564.3b€25.6b22x30.3x1.4x
Wed, 18 Jun 2025€727.4b€564.9b€25.6b19.6x28.4x1.3x
Fri, 16 May 2025€728.2b€565.0b€25.6b19.8x28.4x1.3x
Sun, 13 Apr 2025€637.8b€562.5b€24.8b15.8x25.8x1.1x
Tue, 11 Mar 2025€709.5b€576.6b€24.1b16.7x29.4x1.2x
Thu, 06 Feb 2025€680.0b€561.6b€25.0b15.8x27.2x1.2x
Sat, 04 Jan 2025€648.5b€561.9b€25.0b17.3x25.9x1.2x
Mon, 02 Dec 2024€648.9b€562.6b€25.2b16.9x25.8x1.2x
Wed, 30 Oct 2024€642.3b€527.9b€24.7b16.6x26x1.2x
Fri, 27 Sep 2024€648.3b€528.1b€24.7b16.5x26.2x1.2x
Sun, 25 Aug 2024€627.4b€522.2b€26.2b16.7x23.9x1.2x
Tue, 23 Jul 2024€618.4b€514.1b€28.8b18.6x21.5x1.2x
Thu, 20 Jun 2024€619.7b€514.1b€28.8b18.1x21.5x1.2x
Sat, 18 May 2024€662.7b€513.6b€28.8b17.1x23x1.3x
Mon, 15 Apr 2024€634.5b€508.9b€29.2b14.3x21.8x1.2x
Wed, 13 Mar 2024€625.3b€515.5b€27.9b14x22.4x1.2x
Fri, 09 Feb 2024€598.1b€510.3b€27.9b13.2x21.4x1.2x
Sun, 07 Jan 2024€578.4b€527.3b€28.8b14.6x20.1x1.1x
Tue, 05 Dec 2023€567.3b€528.7b€28.8b14.7x19.7x1.1x
Thu, 02 Nov 2023€522.3b€524.4b€28.8b12.5x18.2x1x
Sat, 30 Sep 2023€539.6b€520.7b€28.7b14.6x18.8x1x
Mon, 28 Aug 2023€545.8b€519.3b€28.8b15.6x19x1.1x
Wed, 26 Jul 2023€563.7b€500.6b€22.2b16.3x25.4x1.1x
Fri, 23 Jun 2023€548.9b€500.4b€21.9b17.4x25.1x1.1x
Sun, 21 May 2023€559.9b€500.5b€21.9b16.7x25.5x1.1x
Tue, 18 Apr 2023€547.6b€495.8b€22.2b18.2x24.7x1.1x
Thu, 16 Mar 2023€521.9b€494.6b€22.1b16.7x23.6x1.1x
Sat, 11 Feb 2023€530.5b€468.5b€3.2b19.7x163.4x1.1x
Mon, 09 Jan 2023€510.9b€461.7b€2.8b18.2x183.7x1.1x
Price to Earnings Ratio

183.7x


Total Market Cap: €510.9bTotal Earnings: €2.8bTotal Revenue: €461.7bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 32.3x202420252026
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 23.4x which is lower than its 3-year average PE of 32.4x.
  • 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 Market0.81%
Industrials0.40%
Commercial Services1.76%
Logistics1.31%
Building1.12%
Trade Distributors0.87%
Machinery0.86%
Transportation0.61%
Professional Services0.49%
Aerospace & Defense0.44%
Construction0.35%
Airlines0%0
Electrical-0.079%
Industrials-0.10%
Infrastructure-0.37%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 11.3x.
    • 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€198.401.2%
+€1.9b		25.1%PE30.9x
SGO Compagnie de Saint-Gobain€86.961.1%
+€483.1m		3.6%PE15.2x
HO Thales€229.800.5%
+€246.4m		68.1%PE45.1x
DG Vinci€120.050.3%
+€225.9m		21.4%PE14.2x
AM Dassault Aviation société anonyme€273.800.7%
+€156.4m		41.0%PE27.4x

Latest News

AIR
€198.40
Airbus
7D
1.2%
1Y
25.1%
ADP
€111.40
Aeroports de Paris
7D
-0.3%
1Y
-0.4%

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
€234.90
Schneider Electric
7D
-0.1%
1Y
-2.2%
RXL
€33.59
Rexel
7D
1.1%
1Y
39.4%

RXL: Share Momentum Will Fade As Residential Recovery Upside Diminishes

The analyst price target for Rexel has edged down slightly to EUR 28 from EUR 30, as analysts point to limited incremental pricing traction in recent quarters and a view that a European residential market recovery is already largely reflected in the current share price. Analyst Commentary Bearish analysts have recently tempered their expectations for Rexel, arguing that much of the anticipated recovery in key end markets is already reflected in the valuation.
HO
€229.80
Thales
7D
0.5%
1Y
68.1%

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.
JCQ
€19.90
Jacquet Metals
7D
-4.1%
1Y
14.0%

Jacquet Metals (EPA:JCQ) Is Experiencing Growth In Returns On Capital

Dec 25
Jacquet Metals (EPA:JCQ) Is Experiencing Growth In Returns On Capital
ELIS
€24.26
Elis
7D
1.8%
1Y
31.3%

Is Elis SA (EPA:ELIS) Trading At A 27% Discount?

Dec 25
Is Elis SA (EPA:ELIS) Trading At A 27% Discount?
SGO
€86.96
Compagnie de Saint-Gobain
7D
1.1%
1Y
3.6%

SGO: Slower Revenue Momentum Will Constrain Future Upside Despite Margin Improvements

Analysts have modestly trimmed their price targets on Compagnie de Saint-Gobain, with our fair value estimate easing from EUR 76.01 to EUR 75.07. They are factoring in slightly slower revenue growth expectations, a marginally stronger profit margin outlook, and a largely unchanged future price to earnings multiple.
MLUAV
€42.20
Embention Sistemas Inteligentes
7D
-6.2%
1Y
78.8%
DG
€120.05
Vinci
7D
0.3%
1Y
21.4%

DG: Traffic And Concession Cash Flows Will Drive Long-Term Upside Potential

Analysts have nudged their price target for Vinci slightly lower to approximately €135.74 from about €136.19, reflecting modest tweaks to the discount rate and long term growth assumptions while maintaining broadly stable margin and valuation expectations. What's in the News Vinci reported November 2025 traffic with VINCI Autoroutes intercity networks down 3.4%, mainly due to calendar effects, while VINCI Airports passenger traffic rose 2.9% and commercial movements increased 2.2% (company operating update).
GET
€15.73
Getlink
7D
-0.5%
1Y
1.1%
SAF
€297.40
Safran
7D
-0.6%
1Y
40.5%

SAF: Upgraded Outlook And UK Expansion Will Shape Balanced Risk Reward Outlook

Analysts have raised their price target on Safran to approximately EUR 268 from about EUR 232, citing stronger than expected revenue growth, modestly improved profit margins, and a higher justified future earnings multiple supported by recent upward target revisions from major brokerages. Analyst Commentary Recent commentary from major Wall Street firms has reinforced a broadly constructive view on Safran, with upward price target revisions reflecting confidence in sustained earnings growth and cash generation.
SPIE
€49.26
SPIE
7D
1.4%
1Y
66.3%

SPIE: European Battery Projects Will Drive Higher Margins And Share Price Potential

Analysts have reduced their price target on SPIE by 2.00 dollars to 60.00 dollars. This reflects slightly lower assumptions for revenue growth and valuation multiples, which are only partly offset by improved margin expectations.
AM
€273.80
Dassault Aviation société anonyme
7D
0.7%
1Y
41.0%

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.
MLHK
€42.40
H&K
7D
-3.6%
1Y
-64.7%

Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High Quality

Dec 06
Shareholders Can Be Confident That H&K's (EPA:MLHK) Earnings Are High Quality
CBDG
€96.00
Compagnie du Cambodge
7D
-0.5%
1Y
-16.9%