Market Cap
€48.9b
Last Updated
2021/03/07 20:10 UTC
Data Sources
Company Financials +
Executive Summary
VINCI SA engages in the concessions and contracting businesses worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential second-rate dividend payer.
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
Stable Share Price: DG is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DG's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
DG
1.0%
FR Construction
0.9%
FR Market
1 Year Return
-1.1%
DG
-1.4%
FR Construction
13.7%
FR Market
Return vs Industry: DG matched the French Construction industry which returned -1.4% over the past year.
Return vs Market: DG underperformed the French Market which returned 13.7% over the past year.
Shareholder returns
| DG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 1.0% | 0.9% |
| 30 Day | 0.6% | 1.1% | 1.0% |
| 90 Day | -0.4% | -0.08% | 3.4% |
| 1 Year | 0.3%-1.1% | 0.7%-1.4% | 16.2%13.7% |
| 3 Year | 14.8%6.6% | 6.5%-2.6% | 21.1%10.1% |
| 5 Year | 51.0%32.4% | 40.9%20.5% | 61.8%36.6% |
Long-Term 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 week ago | Simply Wall St
Is VINCI SA's (EPA:DG) ROE Of 4.4% Impressive?3 weeks ago | Simply Wall St
VINCI (EPA:DG) Has A Somewhat Strained Balance Sheet1 month ago | Simply Wall St
What Does VINCI SA's (EPA:DG) Share Price Indicate?Valuation
Is VINCI undervalued compared to its fair value and its price relative to the market?
26.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DG (€86.52) is trading below our estimate of fair value (€117.06)
Significantly Below Fair Value: DG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DG's PE Ratio (38.8x) is in line with the FR Construction industry average.
PE vs Market: DG is poor value based on its PE Ratio (38.8x) compared to the French market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: DG is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: DG is overvalued based on its PB Ratio (2.3x) compared to the FR Construction industry average (1.5x).
Next Steps
Future Growth
How is VINCI forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
22.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DG's forecast earnings growth (22.3% per year) is above the savings rate (0.4%).
Earnings vs Market: DG's earnings (22.3% per year) are forecast to grow faster than the French market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DG's revenue (4.5% per year) is forecast to grow slower than the French market (7.2% per year).
High Growth Revenue: DG's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DG's Return on Equity is forecast to be low in 3 years time (14.1%).
Next Steps
Past Performance
How has VINCI performed over the past 5 years?
-1.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DG has high quality earnings.
Growing Profit Margin: DG's current net profit margins (2.8%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: DG's earnings have declined by 1.4% per year over the past 5 years.
Accelerating Growth: DG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DG had negative earnings growth (-61.8%) over the past year, making it difficult to compare to the Construction industry average (-61.8%).
Return on Equity
High ROE: DG's Return on Equity (4.4%) is considered low.
Next Steps
Financial Health
How is VINCI's financial position?
Financial Position Analysis
Short Term Liabilities: DG's short term assets (€32.0B) do not cover its short term liabilities (€33.5B).
Long Term Liabilities: DG's short term assets (€32.0B) do not cover its long term liabilities (€34.7B).
Debt to Equity History and Analysis
Debt Level: DG's debt to equity ratio (136.1%) is considered high.
Reducing Debt: DG's debt to equity ratio has increased from 126.8% to 136.1% over the past 5 years.
Debt Coverage: DG's debt is well covered by operating cash flow (21.3%).
Interest Coverage: DG's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
Next Steps
Dividend
What is VINCI current dividend yield, its reliability and sustainability?
2.36%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DG's dividend (2.36%) is higher than the bottom 25% of dividend payers in the French market (1.33%).
High Dividend: DG's dividend (2.36%) is low compared to the top 25% of dividend payers in the French market (4.49%).
Stability and Growth of Payments
Stable Dividend: DG's dividend payments have been volatile 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 high payout ratio (91.6%), DG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DG's dividends in 3 years are forecast to be covered by earnings (58.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.2yrs
Average management tenure
CEO
Xavier M. Huillard (66 yo)
15.17yrs
Tenure
€5,384,847
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 ($USD6.42M) is above average for companies of similar size in the French market ($USD4.02M).
Compensation vs Earnings: Xavier M.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 15.17yrs | €5.38m | 0.069% € 33.9m | |
| CFO & Executive VP | 22.17yrs | no data | no data | |
| Group Director of Investor Relations & Financial Communications | 2.67yrs | no data | no data | |
| General Counsel & Secretary | 20.17yrs | no data | no data | |
| Vice-President of Corporate Communications | no data | no data | no data | |
| Vice-President of Human Resources | no data | no data | no data | |
| Executive Vice President | 20.17yrs | €1.18m | no data | |
| Executive Vice-President of Contracting | 11.17yrs | no data | no data | |
| Executive VP of Vinci Energies - France | no data | no data | no data | |
| Chief Executive Officer of Americas & UK - Eurovia | no data | no data | no data | |
| Senior Vice-President of Investor Relations | no data | no data | no data | |
| Deputy Chief Financial Officer | 7.17yrs | no data | no data |
15.2yrs
Average Tenure
57yo
Average Age
Experienced Management: DG's management team is seasoned and experienced (15.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 15.17yrs | €5.38m | 0.069% € 33.9m | |
| Chairman & CEO of VINCI Energies | 2yrs | no data | no data | |
| Vice-Chairman | 10.83yrs | €170.00k | 0.0081% € 4.0m | |
| Independent Director | 2.92yrs | €112.53k | 0.00018% € 88.0k | |
| Independent Director | 7.17yrs | €82.56k | 0.00018% € 88.0k | |
| Chairman of Eurovia | 7yrs | no data | no data | |
| Chairman of VINCI Immobilier | no data | no data | no data | |
| Lead Independent Director | 2.42yrs | €131.25k | 0.00018% € 88.0k | |
| Chairman of VINCI Construction Grands Projets | 3.17yrs | no data | no data | |
| Chairman of VINCI Construction France | 5.17yrs | no data | no data | |
| Chairman of Soletanche Freyssine | no data | no data | no data | |
| Chairman of VINCI Construction International Network | 4.33yrs | no data | no data |
4.8yrs
Average Tenure
61.5yo
Average Age
Experienced Board: DG's board of directors are considered experienced (4.8 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
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: €48.889b
- Shares outstanding: 565.06m
- 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 |
|---|---|---|---|---|---|---|
| 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 |
| SQU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | 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 | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | 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 | 2021/03/07 20:10 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.