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GBLB

Groupe Bruxelles LambertENXTBR:GBLB Stock Report

Last Price

€97.74

Market Cap

€14.6b

7D

-0.7%

1Y

15.6%

Updated

19 Jan, 2022

Data

Company Financials +
GBLB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance1/6
Financial Health3/6
Dividends2/6

GBLB Stock Overview

Groupe Bruxelles Lambert SA invests in a portfolio of industrial and services companies operating in various sectors.

Price History & Performance

Summary of all time highs, changes and price drops for Groupe Bruxelles Lambert
Historical stock prices
Current Share Price€97.74
52 Week High€105.05
52 Week Low€81.06
Beta0.89
1 Month Change3.19%
3 Month Change-0.75%
1 Year Change15.61%
3 Year Change20.07%
5 Year Change20.98%
Change since IPO297.38%

Recent News & Updates

May 25
Here's Why We Think Groupe Bruxelles Lambert (EBR:GBLB) Is Well Worth Watching

Here's Why We Think Groupe Bruxelles Lambert (EBR:GBLB) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Mar 16
Did You Miss Groupe Bruxelles Lambert's (EBR:GBLB) 44% Share Price Gain?

Did You Miss Groupe Bruxelles Lambert's (EBR:GBLB) 44% Share Price Gain?

We believe investing is smart because history shows that stock markets go higher in the long term. But if when you...

Shareholder Returns

GBLBBE Diversified FinancialBE Market
7D-0.7%-3.0%-0.3%
1Y15.6%23.7%12.3%

Return vs Industry: GBLB underperformed the Belgian Diversified Financial industry which returned 24% over the past year.

Return vs Market: GBLB exceeded the Belgian Market which returned 13.2% over the past year.

Price Volatility

Is GBLB's price volatile compared to industry and market?
GBLB volatility
GBLB Average Weekly Movement1.9%
Diversified Financial Industry Average Movement1.9%
Market Average Movement4.1%
10% most volatile stocks in BE Market5.9%
10% least volatile stocks in BE Market2.2%

Stable Share Price: GBLB is less volatile than 75% of Belgian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: GBLB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190248Ian Galliennehttps://www.gbl.be

Groupe Bruxelles Lambert SA invests in a portfolio of industrial and services companies operating in various sectors. The company operates through four segments: Holding, Imerys, Sapiens/Webhelp, and Sienna Capital. It operates in Belgium, other European countries, North America, and internationally.

Groupe Bruxelles Lambert Fundamentals Summary

How do Groupe Bruxelles Lambert's earnings and revenue compare to its market cap?
GBLB fundamental statistics
Market Cap€14.63b
Earnings (TTM)€358.50m
Revenue (TTM)€7.69b

40.8x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GBLB income statement (TTM)
Revenue€7.69b
Cost of Revenue€1.82b
Gross Profit€5.87b
Expenses€5.51b
Earnings€358.50m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Mar 10, 2022

Earnings per share (EPS)2.40
Gross Margin76.30%
Net Profit Margin4.66%
Debt/Equity Ratio32.0%

How did GBLB perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

106%

Payout Ratio

Valuation

Is Groupe Bruxelles Lambert undervalued compared to its fair value and its price relative to the market?

40.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GBLB (€97.74) is trading above our estimate of fair value (€30.59)

Significantly Below Fair Value: GBLB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GBLB is poor value based on its PE Ratio (40.8x) compared to the European Diversified Financial industry average (12x).

PE vs Market: GBLB is poor value based on its PE Ratio (40.8x) compared to the Belgian market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: GBLB is poor value based on its PEG Ratio (4.7x)


Price to Book Ratio

PB vs Industry: GBLB is good value based on its PB Ratio (0.7x) compared to the XE Diversified Financial industry average (1.2x).


Future Growth

How is Groupe Bruxelles Lambert forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GBLB's forecast earnings growth (8.7% per year) is above the savings rate (1.2%).

Earnings vs Market: GBLB's earnings (8.7% per year) are forecast to grow slower than the Belgian market (13.6% per year).

High Growth Earnings: GBLB's earnings are forecast to grow, but not significantly.

Revenue vs Market: GBLB's revenue (6.7% per year) is forecast to grow slower than the Belgian market (7.9% per year).

High Growth Revenue: GBLB's revenue (6.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GBLB's Return on Equity is forecast to be low in 3 years time (2.6%).


Past Performance

How has Groupe Bruxelles Lambert performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBLB has a large one-off loss of €159.0M impacting its September 30 2021 financial results.

Growing Profit Margin: GBLB's current net profit margins (4.7%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: GBLB has become profitable over the past 5 years, growing earnings by 10.4% per year.

Accelerating Growth: GBLB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GBLB had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (12.5%).


Return on Equity

High ROE: GBLB's Return on Equity (2.1%) is considered low.


Financial Health

How is Groupe Bruxelles Lambert's financial position?


Financial Position Analysis

Short Term Liabilities: GBLB's short term assets (€6.6B) exceed its short term liabilities (€2.3B).

Long Term Liabilities: GBLB's short term assets (€6.6B) do not cover its long term liabilities (€9.0B).


Debt to Equity History and Analysis

Debt Level: GBLB's net debt to equity ratio (13.6%) is considered satisfactory.

Reducing Debt: GBLB's debt to equity ratio has increased from 30.9% to 32% over the past 5 years.

Debt Coverage: GBLB's debt is not well covered by operating cash flow (15.5%).

Interest Coverage: GBLB's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Groupe Bruxelles Lambert current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GBLB's dividend (2.56%) is higher than the bottom 25% of dividend payers in the Belgian market (1.46%).

High Dividend: GBLB's dividend (2.56%) is low compared to the top 25% of dividend payers in the Belgian market (4.71%).


Stability and Growth of Payments

Stable Dividend: GBLB's dividend payments have been volatile in the past 10 years.

Growing Dividend: GBLB's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (106.4%), GBLB's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GBLB's dividends in 3 years are forecast to be covered by earnings (76.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Ian Gallienne (50 yo)

no data

Tenure

€1,892,904

Compensation

Mr. Ian Gallienne is Chief Executive Officer at Groupe Bruxelles Lambert SA. He was Co-Chief Executive Officer of Groupe Bruxelles Lambert SA since January 1, 2012 and serves as Managing Director. Mr. Gall...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Ian's total compensation is reasonable compared to companies of similar size in the Belgian market.

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GBLB's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: GBLB's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Groupe Bruxelles Lambert SA's employee growth, exchange listings and data sources


Key Information

  • Name: Groupe Bruxelles Lambert SA
  • Ticker: GBLB
  • Exchange: ENXTBR
  • Founded: 1902
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Implied Market Cap: €14.626b
  • Shares outstanding: 149.64m
  • Website: https://www.gbl.be

Number of Employees


Location

  • Groupe Bruxelles Lambert SA
  • Avenue Marnix 24
  • Brussels
  • Brussels
  • 1000
  • Belgium

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:10
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.