| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
DG Overview
VINCI SA engages in the concessions and contracting businesses worldwide.
VINCI Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €86.16 |
| 52 Week High | €64.86 |
| 52 Week Low | €96.95 |
| Beta | 1.08 |
| 1 Month Change | -4.55% |
| 3 Month Change | -8.36% |
| 1 Year Change | 13.52% |
| 3 Year Change | 3.81% |
| 5 Year Change | 25.43% |
| Change since IPO | 1,118.79% |
Recent News & Updates
VINCI (EPA:DG) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is VINCI SA (EPA:DG) Potentially Undervalued?
Today we're going to take a look at the well-established VINCI SA ( EPA:DG ). The company's stock saw significant share...
VINCI SA (EPA:DG) Shares Could Be 21% Below Their Intrinsic Value Estimate
Today we will run through one way of estimating the intrinsic value of VINCI SA ( EPA:DG ) by taking the expected...
Investors Could Be Concerned With VINCI's (EPA:DG) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Is VINCI (EPA:DG) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Shareholder Returns
| DG | FR Construction | FR Market | |
|---|---|---|---|
| 7D | -2.0% | -1.6% | -1.8% |
| 1Y | 13.5% | 14.0% | 32.8% |
Return vs Industry: DG matched the French Construction industry which returned 14% over the past year.
Return vs Market: DG underperformed the French Market which returned 32.8% over the past year.
Price Volatility
| DG volatility | |
|---|---|
| DG Beta | 1.08 |
| Industry Beta | 1.13 |
| Market Beta | 1 |
Stable Share Price: DG is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1899 | 219,400 | Xavier M. Huillard | https://www.vinci.com |
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, rail, and stadium facilities. It operates a motorway concession with a network of 4,443 kilometers in France; and 45 airports worldwide.
Valuation
Is VINCI undervalued compared to its fair value and its price relative to the market?
22.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DG (€86.16) is trading below our estimate of fair value (€110.61)
Significantly Below Fair Value: DG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DG is poor value based on its PE Ratio (22.3x) compared to the European Construction industry average (15.2x).
PE vs Market: DG is poor value based on its PE Ratio (22.3x) compared to the French market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: DG is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: DG is overvalued based on its PB Ratio (2.3x) compared to the FR Construction industry average (1.6x).
Future Growth
How is VINCI forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
17.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DG's forecast earnings growth (17.3% per year) is above the savings rate (0.4%).
Earnings vs Market: DG's earnings (17.3% per year) are forecast to grow faster than the French market (12.2% per year).
High Growth Earnings: DG's earnings are forecast to grow, but not significantly.
Revenue vs Market: DG's revenue (7.2% per year) is forecast to grow faster than the French market (6.2% per year).
High Growth Revenue: DG's revenue (7.2% 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 (15%).
Past Performance
How has VINCI performed over the past 5 years?
-5.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DG has high quality earnings.
Growing Profit Margin: DG's current net profit margins (4.6%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: DG's earnings have declined by 5.6% per year over the past 5 years.
Accelerating Growth: DG's earnings growth over the past year (38%) exceeds its 5-year average (-5.6% per year).
Earnings vs Industry: DG earnings growth over the past year (38%) exceeded the Construction industry 20.8%.
Return on Equity
High ROE: DG's Return on Equity (7.8%) is considered low.
Financial Health
How is VINCI's financial position?
Financial Position Analysis
Short Term Liabilities: DG's short term assets (€32.3B) do not cover its short term liabilities (€33.7B).
Long Term Liabilities: DG's short term assets (€32.3B) do not cover its long term liabilities (€34.4B).
Debt to Equity History and Analysis
Debt Level: DG's debt to equity ratio (129.7%) is considered high.
Reducing Debt: DG's debt to equity ratio has reduced from 132.1% to 129.7% over the past 5 years.
Debt Coverage: DG's debt is well covered by operating cash flow (23.7%).
Interest Coverage: DG's interest payments on its debt are well covered by EBIT (8x coverage).
Balance Sheet
Dividend
What is VINCI current dividend yield, its reliability and sustainability?
1.51%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DG's dividend (1.51%) is higher than the bottom 25% of dividend payers in the French market (1.27%).
High Dividend: DG's dividend (1.51%) is low compared to the top 25% of dividend payers in the French market (3.88%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.4%), DG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DG's dividends in 3 years are forecast to be covered by earnings (54% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.7yrs
Average management tenure
CEO
Xavier M. Huillard (67 yo)
15.67yrs
Tenure
€4,276,646
Compensation
Mr. Xavier M. P. Huillard has been the Chairman and Chief Executive Officer of VINCI SA since May 6, 2010. He is Chairman at FONDATION D’ENTREPRISE VINCI POUR LA CITÉ since June 26, 2006. He has been Direc...
CEO Compensation Analysis
Compensation vs Market: Xavier M.'s total compensation ($USD5.02M) is above average for companies of similar size in the French market ($USD3.28M).
Compensation vs Earnings: Xavier M.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: DG's management team is seasoned and experienced (15.7 years average tenure).
Board Members
Experienced Board: DG's board of directors are considered experienced (7.5 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 2.3%.
Top Shareholders
Company Information
VINCI SA's 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: €49.419b
- Shares outstanding: 573.57m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/19 17:38 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| 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.