Market Cap
€53.8b
Last Updated
2019/10/19 20:53 UTC
Data Sources
Company Financials +
Executive Summary
VINCI SA engages in the concessions and contracting businesses worldwide.
Snowflake
Fundamentals
Established dividend payer with questionable track record.
Similar Companies
Share Price & News
How has VINCI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.7%
DG
-2.3%
FR Construction
-0.4%
FR Market
1 Year Return
24.3%
DG
18.7%
FR Construction
9.5%
FR Market
Return vs Industry: DG exceeded the French Construction industry which returned 18.7% over the past year.
Return vs Market: DG exceeded the French Market which returned 9.5% over the past year.
Shareholder returns
| DG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | -2.3% | -0.4% |
| 30 Day | -2.2% | 0.1% | -0.6% |
| 90 Day | 3.8% | 6.0% | 0.04% |
| 1 Year | 28.3%24.3% | 22.9%18.7% | 13.3%9.5% |
| 3 Year | 56.7%43.3% | 51.8%37.6% | 42.5%28.7% |
| 5 Year | 157.4%119.0% | 130.7%92.2% | 71.0%45.0% |
Price Volatility Vs. Market
How volatile is VINCI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Why Dividend Hunters Love VINCI SA (EPA:DG)1 week ago | Simply Wall St
Is VINCI SA (EPA:DG) Investing Effectively In Its Business?3 weeks ago | Simply Wall St
Is VINCI's (EPA:DG) 115% Share Price Increase Well Justified?Valuation
Is VINCI undervalued compared to its fair value and its price relative to the market?
17.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: DG (€96.54) is trading above our estimate of fair value (€88.35)
Significantly Undervalued: DG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DG is poor value based on its PE Ratio (17.6x) compared to the Construction industry average (13.1x).
PE vs Market: DG is poor value based on its PE Ratio (17.6x) compared to the French market (17.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: DG is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: DG is overvalued based on its PB Ratio (2.9x) compared to the FR Construction industry average (1.7x).
Next Steps
Future Growth
How is VINCI forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
8.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DG's forecast earnings growth (8.2% per year) is above the savings rate (0.7%).
Earnings vs Market: DG's earnings (8.2% per year) are forecast to grow slower than the French market (11.5% per year).
High Growth Earnings: DG's earnings are forecast to grow, but not significantly.
Revenue vs Market: DG's revenue (3% per year) is forecast to grow slower than the French market (4.5% per year).
High Growth Revenue: DG's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: DG's Return on Equity is forecast to be low in 3 years time (16.3%).
Next Steps
Past Performance
How has VINCI performed over the past 5 years?
7.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DG's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: DG's earnings growth over the past year (0.8%) is below its 5-year average (7.2% per year).
Earnings vs Industry: DG earnings growth over the past year (0.8%) underperformed the Construction industry 8.1%.
Return on Equity
High ROE: DG's Return on Equity (14.7%) is considered low.
Return on Assets
ROA vs Industry: DG has a higher Return on Assets than the Construction industry average last year.
Return on Capital Employed
ROCE Improving: DG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is VINCI's financial position?
Financial Position Analysis
Short Term Liabilities: DG's short term assets (€27.9B) do not cover its short term liabilities (€31.9B)
Long Term Liabilities: DG's short term assets (27.9B) do not cover its long term liabilities (34.0B)
Debt to Equity History and Analysis
Debt Level: DG's debt to equity ratio (151.8%) is considered high
Reducing Debt: DG's debt to equity ratio has increased from 124% to 151.8% over the past 5 years.
Debt Coverage: DG's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: DG's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
Inventory Level: DG has a low level of unsold assets or inventory.
Debt Coverage by Assets: DG's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is VINCI's current dividend yield, its reliability and sustainability?
2.81%
Current Dividend Yield
Upcoming Dividend Payment
Purchase VINCI before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: DG's dividend (2.81%) is higher than the bottom 25% of dividend payers in the French market (1.56%).
High Dividend: DG's dividend (2.81%) is low compared to the top 25% of dividend payers in the French market (4.72%).
Stable Dividend: DG's dividends per share have been stable in the past 10 years.
Growing Dividend: DG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.4%), DG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DG's dividends in 3 years are forecast to be well covered by earnings (48.4% payout ratio).
Next Steps
Management
What is the CEO of VINCI's salary, the management and board of directors tenure and is there insider trading?
13.8yrs
Average management tenure
CEO
Xavier M. Huillard (65yo)
13.8yrs
Tenure
€4,587,922
Compensation
Mr. Xavier M. P. Huillard has been the Chairman of VINCI SA since May 6, 2010 and its Chief Executive Officer since January 2006. Mr. Huillard serves as Chairman of VINCI Concessions SAS; Chairman of the S ...
CEO Compensation Analysis
Compensation vs. Market: Xavier M.'s total compensation ($USD5.11M) is about average for companies of similar size in the French market ($USD3.60M).
Compensation vs Earnings: Xavier M.'s compensation has been consistent with company performance over the past year.
Management Age and Tenure
13.8yrs
Average Tenure
61yo
Average Age
Experienced Management: DG's management team is seasoned and experienced (13.8 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
56yo
Average Age
Experienced Board: DG's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Franck Mougin (62yo)
Vice President of Human Resources & Sustainable Development
- Tenure: 10.1yrs
Christian Labeyrie (63yo)
CFO & Executive VP
- Tenure: 20.8yrs
Xavier M. Huillard (65yo)
Chairman & CEO
- Tenure: 13.8yrs
- Compensation: €4.59m
Pierre Coppey (56yo)
Executive Vice President
- Tenure: 18.8yrs
- Compensation: €1.18m
Pierre Duprat (56yo)
Vice-President of Corporate Communications
- Tenure: 0yrs
Richard M. R. Francioli (60yo)
Executive Vice-President of Contracting
- Tenure: 9.8yrs
Patrick Richard (62yo)
General Counsel & Secretary
- Tenure: 18.8yrs
Gregoire Thibault (39yo)
Group Director of Investor Relations & Financial Communications
- Tenure: 1.3yrs
Hervé Adam
Executive VP of Vinci Energies - France
- Tenure: 0yrs
Alexandra Boutelier
Chief Operating Officer of Consortium Stade de France - Vinci Stadium
- Tenure: 0yrs
Board Members
Yves-Thibault de Silguy (71yo)
Vice-Chairman
- Tenure: 9.4yrs
- Compensation: €233.00k
Xavier M. Huillard (65yo)
Chairman & CEO
- Tenure: 13.8yrs
- Compensation: €4.59m
Jérôme Stubler (56yo)
Chairman of VINCI Construction
- Tenure: 4.8yrs
Pierre Anjolras (53yo)
Chairman of Eurovia
- Tenure: 5.6yrs
Olivier de la Roussière
Chairman of VINCI Immobilier
- Tenure: 0yrs
Arnaud Grison
Chairman & CEO of VINCI Energies
- Tenure: 0.6yrs
Benoît Lecinq
Chairman of Entrepose
- Tenure: 0yrs
Hugues Fourmentraux (51yo)
Chairman of VINCI Construction France
- Tenure: 3.8yrs
Manuel Peltier
Chairman of Soletanche Freyssine
- Tenure: 0yrs
Gilles Godard
Chairman of VINCI Construction International Network
- Tenure: 2.9yrs
Company Information
VINCI SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: VINCI SA
- Ticker: DG
- Exchange: ENXTPA
- Founded: 1899
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €53.751b
- Shares outstanding: 556.78m
- Website: https://www.vinci.com
Number of Employees
Location
- VINCI SA
- 1, cours Ferdinand-de-Lesseps
- Cedex
- Rueil-Malmaison
- Ile-de-France
- 92851
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SQU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| VCIS.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| DG | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jan 1992 |
| 0NQM | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| SQU | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| DG | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jan 1992 |
| DGP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| DG | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| DG | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| DG N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jan 1992 |
| VCIS.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | May 2004 |
Biography
VINCI SA engages in the concessions and contracting businesses worldwide. The company designs, finances, builds, and operates infrastructure and facilities comprising motorway, bridge and tunnel, airport, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 20:53 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.