ENXTPA:GLE

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Société Générale Société anonyme

Executive Summary

Société Générale Société anonyme provides financial services in Europe, Asia, Oceania, Africa, and France.


Snowflake Analysis

Good value with moderate growth potential.


Similar Companies

Share Price & News

How has Société Générale Société anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GLE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.4%

GLE

12.3%

FR Banks

5.6%

FR Market


1 Year Return

-41.1%

GLE

-31.3%

FR Banks

-8.1%

FR Market

Return vs Industry: GLE underperformed the French Banks industry which returned -31.1% over the past year.

Return vs Market: GLE underperformed the French Market which returned -8.2% over the past year.


Shareholder returns

GLEIndustryMarket
7 Day6.4%12.3%5.6%
30 Day-7.2%5.4%3.5%
90 Day-47.1%-30.3%-10.2%
1 Year-41.1%-41.1%-29.8%-31.3%-6.5%-8.1%
3 Year-67.5%-72.0%-46.6%-53.0%1.3%-7.0%
5 Year-59.7%-68.7%-34.8%-48.0%20.5%4.9%

Price Volatility Vs. Market

How volatile is Société Générale Société anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Société Générale Société anonyme undervalued compared to its fair value and its price relative to the market?

7.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GLE (€13.23) is trading above our estimate of fair value (€7.95)

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


Price To Earnings Ratio

PE vs Industry: GLE is good value based on its PE Ratio (7.5x) compared to the Banks industry average (8.4x).

PE vs Market: GLE is good value based on its PE Ratio (7.5x) compared to the French market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: GLE is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: GLE is good value based on its PB Ratio (0.2x) compared to the XE Banks industry average (0.6x).


Next Steps

Future Growth

How is Société Générale Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

56.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLE's forecast earnings growth (56.7% per year) is above the savings rate (0.6%).

Earnings vs Market: GLE's earnings (56.7% per year) are forecast to grow faster than the French market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GLE's revenue (3.4% per year) is forecast to grow slower than the French market (3.9% per year).

High Growth Revenue: GLE's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLE's Return on Equity is forecast to be low in 3 years time (3.1%).


Next Steps

Past Performance

How has Société Générale Société anonyme performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLE has high quality earnings.

Growing Profit Margin: GLE's current net profit margins (6.2%) are lower than last year (13.5%).


Past Earnings Growth Analysis

Earnings Trend: GLE's earnings have declined by -6.5% per year over the past 5 years.

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

Earnings vs Industry: GLE had negative earnings growth (-57.8%) over the past year, making it difficult to compare to the Banks industry average (-5.5%).


Return on Equity

High ROE: GLE's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Société Générale Société anonyme's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: GLE's Assets to Equity ratio (22.3x) is very high.

Allowance for Bad Loans: GLE has a low allowance for bad loans (67%).

Low Risk Liabilities: 70% of GLE's liabilities are made up of primarily higher risk sources of funding.

Loan Level: GLE has an appropriate level of Loans to Assets ratio (31%).

Low Risk Deposits: GLE's Loans to Deposits ratio (105%) is appropriate.

Level of Bad Loans: GLE has a high level of bad loans (3.6%).


Next Steps

Dividend

What is Société Générale Société anonyme's current dividend yield, its reliability and sustainability?

5.98%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GLE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GLE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GLE is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GLE's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Frédéric Oudéa (56yo)

12yrs

Tenure

€3,542,299

Compensation

Mr. Frédéric Oudéa has been the Chief Executive Officer of Société Générale SA/Societe Generale Group since May 13, 2008. Mr. Oudéa has been the President of European Banking Federation since January 1, 20 ...


CEO Compensation Analysis

Compensation vs Market: Frédéric's total compensation ($USD3.94M) is about average for companies of similar size in the French market ($USD3.99M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Frédéric Oudéa
CEO & Director12yrs€3.54m0.025% 2.8m
Diony Lebot
Deputy Chief Executive Officer3.83yrs€2.10m0.0018% 196.7k
Séverin Cabannes
Deputy Chief Executive Officer12yrs€1.96m0.011% 1.3m
Philippe Aymerich
Deputy Chief Executive Officer2yrs€2.13m0.0025% 284.4k
Philippe Heim
Deputy Chief Executive Officer2yrs€2.14m0.0017% 188.9k
William Kadouch-Chassaing
Group Chief Financial Officer2yrsno datano data
Carlos Goncalves
Head of Global Technology Services3.42yrsno datano data
Delphine Garcin-Meunier
Head of Investor Relations and Financial Communicationno datano datano data
Edouard-Malo Henry
Group Head of Compliance2.83yrsno datano data
Dominique Bourrinet
Group General Counsel6.33yrsno datano data

3.4yrs

Average Tenure

55yo

Average Age

Experienced Management: GLE's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frédéric Oudéa
CEO & Director12yrs€3.54m0.025% 2.8m
Albert Le Dirac'h
Group Country Head of Czech Republic & Slovakia6.75yrsno datano data
Marc Vienot
Honorary Chairman of the Boardno data€6.70kno data
Jean-Bernard Lévy
Independent Director11yrs€132.23k0.00012% 13.5k
Gérard Mestrallet
Independent Director5yrs€132.23k0.00014% 15.7k
Lorenzo Bini Smaghi
Independent Chairman of the Board5yrs€979.38k0.00026% 29.2k
Kyra Hazou
Independent Director9yrs€163.88k0.00013% 14.6k
William L. Connelly
Independent Director3yrs€146.51k0.00026% 29.2k
France Houssaye
Employee Representative Director11.17yrs€146.41kno data
Alexandra Elisabeth Johanna Schaapveld
Independent Director7yrs€241.11k0.00012% 13.5k

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: GLE's board of directors are considered experienced (7 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 been diluted in the past year, with total shares outstanding growing by 6%.


Top Shareholders

Company Information

Société Générale Société anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Société Générale Société anonyme
  • Ticker: GLE
  • Exchange: ENXTPA
  • Founded: 1864
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €11.243b
  • Shares outstanding: 849.66m
  • Website: https://www.societegenerale.com

Number of Employees


Location

  • Société Générale Société anonyme
  • 29, boulevard Haussmann
  • Paris
  • Ile-de-France
  • 75009
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SGEDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
GLEENXTPA (Euronext Paris)YesCommon StockFREURJan 1992
0J6YLSE (London Stock Exchange)YesCommon StockGBEURJan 1992
GLEBIT (Borsa Italiana)YesCommon StockITEURJan 1992
SGEXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1992
GLEPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJan 1992
GLE NBMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1992
GLESWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1992
GLEWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1992
SCGL.YOTCPK (Pink Sheets LLC)SPON ADR-EACH 5 CNV INTO 1 ORD EUR1.25USUSDAug 1993
SGE1DB (Deutsche Boerse AG)SPON ADR-EACH 5 CNV INTO 1 ORD EUR1.25DEEURAug 1993

Biography

Société Générale Société anonyme provides financial services in Europe, Asia, Oceania, Africa, and France. The company offers retail banking services to individuals, professionals, local authorities, and businesses and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama Banque brands; and international retail banking and consumer credit services to corporate and individual customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa. It also provides life, retirement savings scheme, personal protection, group retirement, dependence, annuity, auto and home, personal accident, school, and other insurance products; vendor and equipment finance services; and vehicle leasing and fleet management services. In addition, the company assists corporates, financial institutions, public sector institutions, and family offices in terms of investments, strategic advisory, capital raising, and capital structure optimization; and offers structured finance, advisory, and investment and risk management solutions. Further, it provides payment and cash management, cash clearing and correspondent banking, receivable and supply chain financing, trade financing, and FOREX transaction services; private banking services and wealth management solutions, including financial analysis; and asset management solutions. Additionally, the company offers securities services, such as clearing, custody and trustee, liquidity management, fund administration and asset servicing, fund distribution, and global issuer services, as well as fixed income and currencies services. Société Générale Société anonyme was founded in 1864 and is headquartered in Paris, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 20:54
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.