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Société Générale Société anonyme

Market Cap

€21.2b

Last Updated

2021/05/06 19:59 UTC

Data Sources

Company Financials +

Executive Summary

Société Générale Société anonyme provides financial services in Europe, the Americas, Asia, Oceania, Africa, and France. More Details


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.


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 is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GLE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.6%

GLE

2.2%

FR Banks

0.2%

FR Market


1 Year Return

90.8%

GLE

72.7%

FR Banks

42.8%

FR Market

Return vs Industry: GLE exceeded the French Banks industry which returned 73.6% over the past year.

Return vs Market: GLE exceeded the French Market which returned 44.9% over the past year.


Shareholder returns

GLEIndustryMarket
7 Day4.6%2.2%0.2%
30 Day10.0%5.7%3.9%
90 Day45.2%27.7%11.5%
1 Year90.8%90.8%73.9%72.7%46.1%42.8%
3 Year-31.8%-41.4%-4.9%-16.2%28.3%17.8%
5 Year-1.8%-23.8%47.3%17.8%86.0%59.6%

Long-Term 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?

0.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GLE (€24.93) is trading above our estimate of fair value (€24.81)

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


Price To Earnings Ratio

PE vs Industry: GLE is unprofitable, so we can't compare its PE Ratio to the FR Banks industry average.

PE vs Market: GLE is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GLE's PB Ratio (0.3x) is in line with the FR Banks industry average.


Future Growth

How is Société Générale Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

64.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: GLE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GLE's is expected to become profitable in the next 3 years.

Revenue vs Market: GLE's revenue (6.7% per year) is forecast to grow slower than the French market (6.9% per year).

High Growth Revenue: GLE'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: GLE's Return on Equity is forecast to be low in 3 years time (5.4%).


Past Performance

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

-27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLE is currently unprofitable.

Growing Profit Margin: GLE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLE is unprofitable, and losses have increased over the past 5 years at a rate of 27.4% per year.

Accelerating Growth: Unable to compare GLE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GLE is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-34.2%).


Return on Equity

High ROE: GLE has a negative Return on Equity (0.29%), as it is currently unprofitable.


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 (21.8x) is very high.

Allowance for Bad Loans: GLE has a low allowance for bad loans (69%).

Low Risk Liabilities: 58% 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 (30%).

Low Risk Deposits: GLE's Loans to Deposits ratio (75%) is appropriate.

Level of Bad Loans: GLE has a high level of bad loans (3.7%).


Dividend

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

2.21%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 25 2021Dividend Pay DateMay 27 20212 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: GLE's dividend (2.21%) is higher than the bottom 25% of dividend payers in the French market (1.29%).

High Dividend: GLE's dividend (2.21%) is low compared to the top 25% of dividend payers in the French market (4.02%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: GLE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: GLE's dividends in 3 years are forecast to be well covered by earnings (45.6% payout ratio).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Frederic Oudea (57 yo)

13yrs

Tenure

€2,635,856

Compensation

Mr. Frederic Oudea has been the Chief Executive Officer of Société Générale SA since May 13, 2008. He served as Chairman of the French Banking Federation at Crédit Agricole SA until September 01, 2020. Mr....


CEO Compensation Analysis

Compensation vs Market: Frederic's total compensation ($USD3.18M) is about average for companies of similar size in the French market ($USD3.82M).

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


Leadership Team

Experienced Management: GLE's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: GLE's board of directors are considered experienced (7.8 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

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: €21.153b
  • Shares outstanding: 848.68m
  • Website: https://www.societegenerale.com

Number of Employees


Location

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

Listings


Biography

Société Générale Société anonyme provides financial services in Europe, the Americas, Asia, Oceania, Africa, and France. The company offers retail banking services, including deposits and loans, vehicles a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 19:59
End of Day Share Price2021/05/06 00:00
Earnings2020/12/31
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.