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French (CAC) Industrials Sector Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies112
  • 7D-0.07%
  • 3M10.4%
  • 1Y20.8%
  • YTD6.4%

In the last week, the Industrials industry is flat overall, with Airbus standing out by going down 7.1%. The past year has been better, since the industry has gained 21% in that time. Looking forward, 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, 25 Feb 2026€842.5b€577.4b€37.7b19.6x22.4x1.5x
Fri, 23 Jan 2026€793.5b€573.0b€33.4b19.7x23.7x1.4x
Sun, 21 Dec 2025€782.0b€575.8b€33.3b19.6x23.5x1.4x
Tue, 18 Nov 2025€783.5b€576.1b€33.3b22x23.6x1.4x
Thu, 16 Oct 2025€794.4b€573.2b€32.9b23.6x24.2x1.4x
Sat, 13 Sep 2025€778.4b€572.9b€31.1b19.1x25x1.4x
Mon, 11 Aug 2025€757.7b€571.9b€31.3b20.7x24.2x1.3x
Wed, 09 Jul 2025€752.3b€564.3b€25.6b22.1x29.4x1.3x
Fri, 06 Jun 2025€748.1b€564.9b€25.6b17.9x29.2x1.3x
Sun, 04 May 2025€716.6b€563.8b€25.2b17.3x28.4x1.3x
Tue, 01 Apr 2025€701.2b€562.4b€24.8b16.3x28.3x1.2x
Thu, 27 Feb 2025€707.9b€570.9b€23.8b18.2x29.8x1.2x
Sat, 25 Jan 2025€694.1b€561.4b€25.0b16x27.8x1.2x
Mon, 23 Dec 2024€643.0b€562.1b€25.0b17.2x25.7x1.1x
Wed, 20 Nov 2024€642.9b€562.8b€25.1b16.6x25.6x1.1x
Fri, 18 Oct 2024€655.4b€527.8b€24.7b16.5x26.5x1.2x
Sun, 15 Sep 2024€623.5b€523.3b€26.2b15x23.8x1.2x
Tue, 13 Aug 2024€600.2b€522.2b€26.2b16.5x22.9x1.1x
Thu, 11 Jul 2024€614.1b€514.1b€28.8b17.8x21.3x1.2x
Sat, 08 Jun 2024€651.6b€514.2b€28.8b18.1x22.6x1.3x
Mon, 06 May 2024€638.0b€513.0b€29.1b15.3x21.9x1.2x
Wed, 03 Apr 2024€640.5b€508.9b€29.2b14.3x22x1.3x
Fri, 01 Mar 2024€619.5b€518.6b€28.3b13.4x21.9x1.2x
Sun, 28 Jan 2024€603.9b€527.3b€28.8b15.6x21x1.1x
Tue, 26 Dec 2023€585.6b€527.4b€28.8b14.6x20.4x1.1x
Thu, 23 Nov 2023€561.9b€528.9b€28.8b14.1x19.5x1.1x
Sat, 21 Oct 2023€506.2b€520.8b€28.7b12.6x17.6x1x
Mon, 18 Sep 2023€551.2b€520.5b€28.7b15.3x19.2x1.1x
Wed, 16 Aug 2023€549.7b€519.3b€28.8b16x19.1x1.1x
Fri, 14 Jul 2023€561.1b€500.4b€21.9b16.6x25.6x1.1x
Sun, 11 Jun 2023€551.9b€500.4b€21.9b18.1x25.2x1.1x
Tue, 09 May 2023€543.9b€496.1b€21.5b16.1x25.3x1.1x
Thu, 06 Apr 2023€531.2b€495.3b€22.1b18.4x24x1.1x
Sat, 04 Mar 2023€555.6b€492.1b€6.7b19x83.5x1.1x
Price to Earnings Ratio

83.5x


Total Market Cap: €555.6bTotal Earnings: €6.7bTotal Revenue: €492.1bTotal Market Cap vs Earnings and Revenue0%0%0%
French Industrials Sector Price to Earnings3Y Average 24.9x202420252026
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 22.4x which is lower than its 3-year average PE of 25.0x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 78% per year over the last three years.
  • Revenues for these companies have grown 5.5% 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 Market2.25%
Industrials-0.071%
Transportation3.67%
Construction2.93%
Commercial Services2.61%
Logistics1.57%
Electrical1.01%
Professional Services0.78%
Machinery0.51%
Infrastructure0.26%
Trade Distributors0.059%
Airlines0%0
Industrials-0.60%
Building-0.84%
Aerospace & Defense-1.86%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 13.3x.
    • 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 33.9x.
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
SU Schneider Electric€262.553.2%
+€4.6b		13.6%PE34.3x
DG Vinci€141.753.2%
+€2.4b		29.5%PE16x
LR Legrand€154.303.0%
+€1.2b		47.5%PE32.4x
EN Bouygues€51.362.8%
+€536.2m		57.1%PE18.8x
HO Thales€251.200.9%
+€472.4m		32.7%PE49.3x

Latest News

NEX
€120.40
Nexans
7D
-12.8%
1Y
15.2%
EXENS
€58.60
Exosens
7D
-1.2%
1Y
135.6%
HO
€251.20
Thales
7D
0.9%
1Y
32.7%
AM
€346.40
Dassault Aviation société anonyme
7D
1.8%
1Y
42.3%

AM: Market Perform Downgrade And Execution Risks Will Pressure Future Returns

Analysts have nudged their price targets for Dassault Aviation société anonyme higher, with recent increases of €10 and €29, and a move to €310. These changes are based on finely tuned assumptions on discount rate, revenue growth, profit margin and future P/E, while incorporating a more mixed sector view reflected in a downgrade to Market Perform.
FGR
€143.15
Eiffage
7D
2.3%
1Y
58.3%

FGR: New Concessions And Project Pipeline Will Support Future P/E Stability

Analysts have adjusted their fair value estimate for Eiffage from about €153.91 to €144.19, even as they cite recent upward revisions to Street price targets as support for the updated view. Analyst Commentary Recent research updates on Eiffage include price target changes from major banks, with JPMorgan lifting its target and other bullish analysts also edging their targets higher, while maintaining positive ratings on the shares.
SAF
€340.60
Safran
7D
-0.09%
1Y
39.0%

SAF: UK R&T Expansion And Dividend Policy Will Support Future Repricing

Analysts have raised their fair value estimate for Safran from €382 to €416, citing updated assumptions on margins, growth, and P/E, which align with a recent increase in the Street's price target to €342. Analyst Commentary Bullish analysts are pointing to recent price target revisions as a sign of growing confidence in Safran's ability to support higher valuation assumptions, especially as estimates for margins, growth, and P/E are refreshed.
AIR
€182.84
Airbus
7D
-7.0%
1Y
11.4%
SGO
€87.90
Compagnie de Saint-Gobain
7D
-1.6%
1Y
-6.1%

SGO: U.S. Headwinds Will Pressure Earnings And Limit Future Upside

Analysts have revised their price target for Compagnie de Saint-Gobain to €78 from €92, reflecting updated views on softer U.S. conditions and a slower than hoped for European recovery. Analyst Commentary Bearish analysts are flagging that the revised €78 price target signals a more cautious stance on what the company can deliver in the current set of U.S. and European conditions, particularly as previous expectations had been anchored at €92.
SPIE
€52.40
SPIE
7D
4.1%
1Y
55.0%

SPIE: European Energy Storage Agreement Will Support Higher Margins And Upside Potential

Analysts have kept their €60.0 price target for SPIE unchanged, reflecting only minor tweaks to assumptions around discount rate, revenue growth, profit margins and future P/E, rather than a shift in their overall view of the shares. What's in the News SPIE signed a European framework agreement with Tesla for battery energy storage system (BESS) projects, with a renewable three year term covering group subsidiaries that have BESS installation expertise (Key Developments).
MLHK
€35.60
H&K
7D
-20.5%
1Y
-70.1%
EN
€51.36
Bouygues
7D
2.8%
1Y
57.1%

EN: Execution And Capital Discipline Will Support A Constructive Re Rating Outlook

Analysts have nudged their average price target on Bouygues higher to €47.80, with recent target increases from Citi and Morgan Stanley and a new bullish initiation helping to support slightly stronger assumptions for revenue growth, profit margins and a lower future price-to-earnings (P/E) multiple. Analyst Commentary Recent research on Bouygues has leaned more constructive, with bullish analysts pointing to a mix of valuation support and execution on core businesses as key reasons for their stance.
LR
€154.30
Legrand
7D
3.0%
1Y
47.5%

Legrand (EPA:LR) Has Announced That It Will Be Increasing Its Dividend To €2.38

Feb 15
Legrand (EPA:LR) Has Announced That It Will Be Increasing Its Dividend To €2.38
DG
€141.75
Vinci
7D
3.2%
1Y
29.5%

Earnings Update: Vinci SA (EPA:DG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Feb 11
Earnings Update: Vinci SA (EPA:DG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
SU
€262.55
Schneider Electric
7D
3.2%
1Y
13.6%

SU: Conviction List Inclusion And Energy Partnerships Will Shape Measured Upside Potential

Analysts have raised their fair value estimate for Schneider Electric from €274.05 to €276.36, citing recent price target increases and renewed conviction from several major research houses. Analyst Commentary Bullish Takeaways Bullish analysts highlight recent price target moves toward €290 as support for a slightly higher fair value range, pointing to confidence that Schneider Electric can justify a premium within its sector.
CEN
€59.40
Groupe CRIT
7D
-5.7%
1Y
1.4%
GET
€17.87
Getlink
7D
-1.5%
1Y
12.4%