Narrative Update • Aug 05

The Construction industry is up 1.6% in the last week, with Vinci up 2.2%. This means that the industry has gained 7.7% over the past year. As for the next few years, earnings are expected to grow by 7.1% per annum.
Has the French Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | €100.4b | €159.1b | €7.3b | 14.3x | 13.7x | 0.6x |
| Mon, 06 Jul 2026 | €99.2b | €158.4b | €7.1b | 14.7x | 14x | 0.6x |
| Wed, 03 Jun 2026 | €98.7b | €158.4b | €7.1b | 14.8x | 13.9x | 0.6x |
| Fri, 01 May 2026 | €103.7b | €158.8b | €7.0b | 15.7x | 14.7x | 0.7x |
| Sun, 29 Mar 2026 | €101.4b | €158.8b | €7.0b | 14.2x | 14.4x | 0.6x |
| Tue, 24 Feb 2026 | €111.8b | €157.9b | €6.9b | 15.9x | 16.2x | 0.7x |
| Thu, 22 Jan 2026 | €92.1b | €155.9b | €6.8b | 13.4x | 13.6x | 0.6x |
| Sat, 20 Dec 2025 | €96.5b | €155.9b | €6.8b | 14.2x | 14.2x | 0.6x |
| Mon, 17 Nov 2025 | €91.3b | €155.9b | €6.8b | 13.5x | 13.5x | 0.6x |
| Wed, 15 Oct 2025 | €90.3b | €155.8b | €6.8b | 13.6x | 13.3x | 0.6x |
| Fri, 12 Sep 2025 | €89.3b | €155.8b | €6.8b | 13.4x | 13.2x | 0.6x |
| Sun, 10 Aug 2025 | €92.6b | €155.2b | €6.9b | 12.5x | 13.5x | 0.6x |
| Tue, 08 Jul 2025 | €94.2b | €154.2b | €7.0b | 13.5x | 13.5x | 0.6x |
| Thu, 05 Jun 2025 | €95.3b | €154.2b | €7.0b | 13.4x | 13.7x | 0.6x |
| Sat, 03 May 2025 | €96.8b | €153.9b | €7.0b | 14.2x | 13.9x | 0.6x |
| Mon, 31 Mar 2025 | €91.4b | €153.9b | €7.0b | 13.4x | 13.1x | 0.6x |
| Wed, 26 Feb 2025 | €82.7b | €152.8b | €6.9b | 12.1x | 11.9x | 0.5x |
| Fri, 24 Jan 2025 | €78.7b | €151.5b | €6.7b | 11.8x | 11.8x | 0.5x |
| Sun, 22 Dec 2024 | €74.0b | €151.5b | €6.7b | 11x | 11.1x | 0.5x |
| Tue, 19 Nov 2024 | €76.6b | €151.5b | €6.7b | 11.4x | 11.5x | 0.5x |
| Thu, 17 Oct 2024 | €81.3b | €151.2b | €6.6b | 12.3x | 12.3x | 0.5x |
| Sat, 14 Sep 2024 | €83.4b | €151.3b | €6.6b | 12.7x | 12.6x | 0.6x |
| Mon, 12 Aug 2024 | €79.6b | €150.5b | €6.6b | 12.3x | 12x | 0.5x |
| Wed, 10 Jul 2024 | €78.8b | €148.9b | €6.7b | 11.9x | 11.7x | 0.5x |
| Fri, 07 Jun 2024 | €87.9b | €148.9b | €6.7b | 13.4x | 13x | 0.6x |
| Sun, 05 May 2024 | €86.3b | €148.6b | €6.8b | 13.1x | 12.8x | 0.6x |
| Tue, 02 Apr 2024 | €92.4b | €148.6b | €6.8b | 13.2x | 13.7x | 0.6x |
| Thu, 29 Feb 2024 | €91.2b | €147.9b | €6.7b | 13.1x | 13.7x | 0.6x |
| Sat, 27 Jan 2024 | €95.1b | €159.9b | €6.8b | 12.6x | 13.9x | 0.6x |
| Mon, 25 Dec 2023 | €93.5b | €159.9b | €6.8b | 12.5x | 13.7x | 0.6x |
| Wed, 22 Nov 2023 | €90.0b | €160.0b | €6.8b | 13.8x | 13.2x | 0.6x |
| Fri, 20 Oct 2023 | €78.7b | €156.4b | €6.8b | 11.7x | 11.6x | 0.5x |
| Sun, 17 Sep 2023 | €81.7b | €156.3b | €6.8b | 12x | 12.1x | 0.5x |
| Tue, 15 Aug 2023 | €84.0b | €155.5b | €6.7b | 11.5x | 12.5x | 0.5x |
12.5x
Which industries have driven the changes within the French Industrials industry?
| FR Market | 2.37% | |
| Industrials | 4.47% | |
| Construction | 1.56% | |
| Construction and Engineering | 1.56% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DG Vinci | €125.35 | 2.3% +€1.6b | 1.4% | PE13.7x | |
| FGR Eiffage | €123.55 | 0.2% +€28.5m | 2.1% | PE11.5x | |
| ALESE Entech | €10.50 | 10.1% +€14.1m | 16.0% | PE216.7x |