How does FO3's PE Ratio compare to its peers?

FO3 is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (48.2x).

How does FO3's PE Ratio compare vs other companies in the European Construction Industry?

FO3 is good value based on its Price-To-Earnings Ratio (7.6x) compared to the European Construction industry average (13.3x).

What is FO3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FO3's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of FO3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FO3 (€496) is trading below our estimate of [[fair value]] (€6355.48)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FO3 Stock Overview

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium. More details

FO3 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 92.2% below our estimate of its fair value

Earnings grew by 24.2% over the past year

Pays a reliable dividend of 2.18%

Risk Analysis

Volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

Moury Construct SA Competitors

BAUER

HMSE:B5A0

€176.5m

thyssenkrupp nucera KGaA

XTRA:NCH2

€1.3b

HOCHTIEF

XTRA:HOT

€9.7b

AHT Syngas Technology

DB:3SQ1

€25.7m

Price History & Performance

Summary of share price highs, lows and changes for Moury Construct
Historical stock prices
Current Share Price	€496.00
52 Week High	€610.00
52 Week Low	€396.00
Beta	0.39
1 Month Change	-0.80%
3 Month Change	-11.43%
1 Year Change	24.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	96.83%

Recent updates

Shareholder Returns

	FO3	DE Construction	DE Market
7D	5.5%	1.9%	-1.6%
1Y	24.0%	10.6%	6.8%

Return vs Industry: FO3 exceeded the German Construction industry which returned 10.6% over the past year.

Return vs Market: FO3 exceeded the German Market which returned 6.8% over the past year.

Price Volatility

Is FO3's price volatile compared to industry and market?
FO3 volatility
FO3 Average Weekly Movement	7.3%
Construction Industry Average Movement	7.3%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.6%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: FO3's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: FO3's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1920	350	Gilles-Olivier Moury	www.moury-construct.be

Moury Construct SA engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium. The company constructs public and private buildings, commercial areas, halls of structures, renovation and restoration, and industries and services projects. It is also involved in the general carpentry, thermal, and acoustic insulations; prefabrication of concrete elements; and promotion and real estate arrangements.

Moury Construct SA Fundamentals Summary

How do Moury Construct's earnings and revenue compare to its market cap?
FO3 fundamental statistics
Market cap	€199.94m
Earnings (TTM)	€26.38m
Revenue (TTM)	€198.25m

7.6x

P/E Ratio

1.0x

P/S Ratio

Is FO3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FO3 income statement (TTM)
Revenue	€198.25m
Cost of Revenue	€143.00m
Gross Profit	€55.26m
Other Expenses	€28.88m
Earnings	€26.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	66.63
Gross Margin	27.87%
Net Profit Margin	13.31%
Debt/Equity Ratio	2.9%

How did FO3 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 15:40
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Moury Construct SA is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wouter VANDERHAEGHEN	KBC Securities NV
Guy Sips	KBC Securities NV