Bouygues
Market Cap
€10.8b
Last Updated
2020/06/02 20:52 UTC
Data Sources
Company Financials +
Executive Summary
Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Bouygues's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.1%
EN
4.3%
FR Construction
4.7%
FR Market
1 Year Return
-9.4%
EN
-4.9%
FR Construction
-6.6%
FR Market
Return vs Industry: EN underperformed the French Construction industry which returned -7.2% over the past year.
Return vs Market: EN underperformed the French Market which returned -7.7% over the past year.
Shareholder returns
| EN | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.1% | 4.3% | 4.7% |
| 30 Day | 1.4% | 11.8% | 6.2% |
| 90 Day | -22.7% | -12.3% | -9.6% |
| 1 Year | -9.4%-9.4% | -4.4%-4.9% | -4.9%-6.6% |
| 3 Year | -18.3%-25.4% | 8.0%0.6% | 4.9%-3.5% |
| 5 Year | 0.3%-16.7% | 58.8%37.9% | 24.8%8.8% |
Price Volatility Vs. Market
How volatile is Bouygues's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Calculating The Fair Value Of Bouygues SA (EPA:EN)2 weeks ago | Simply Wall St
Analyst Estimates: Here's What Brokers Think Of Bouygues SA (EPA:EN) After Its First-Quarter Report3 weeks ago | Simply Wall St
Bouygues (EPA:EN) Takes On Some Risk With Its Use Of DebtValuation
Is Bouygues undervalued compared to its fair value and its price relative to the market?
10.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EN (€28.5) is trading above our estimate of fair value (€28.21)
Significantly Below Fair Value: EN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EN is good value based on its PE Ratio (10.3x) compared to the Construction industry average (12.6x).
PE vs Market: EN is good value based on its PE Ratio (10.3x) compared to the French market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: EN is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: EN is good value based on its PB Ratio (1.1x) compared to the FR Construction industry average (1.2x).
Next Steps
Future Growth
How is Bouygues forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
26.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EN's forecast earnings growth (26.4% per year) is above the savings rate (0.6%).
Earnings vs Market: EN's earnings (26.4% per year) are forecast to grow faster than the French market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EN's revenue (3.7% per year) is forecast to grow slower than the French market (3.9% per year).
High Growth Revenue: EN's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EN's Return on Equity is forecast to be low in 3 years time (10.2%).
Next Steps
Past Performance
How has Bouygues performed over the past 5 years?
24.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EN has high quality earnings.
Growing Profit Margin: EN's current net profit margins (2.8%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: EN's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: EN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EN had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Construction industry average (9.3%).
Return on Equity
High ROE: EN's Return on Equity (10.1%) is considered low.
Next Steps
Financial Health
How is Bouygues's financial position?
Financial Position Analysis
Short Term Liabilities: EN's short term assets (€20.2B) exceed its short term liabilities (€19.8B).
Long Term Liabilities: EN's short term assets (€20.2B) exceed its long term liabilities (€9.1B).
Debt to Equity History and Analysis
Debt Level: EN's debt to equity ratio (69.7%) is considered high.
Reducing Debt: EN's debt to equity ratio has reduced from 82.7% to 69.7% over the past 5 years.
Debt Coverage: EN's debt is well covered by operating cash flow (41.8%).
Interest Coverage: EN's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Bouygues's current dividend yield, its reliability and sustainability?
6.11%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EN'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 EN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EN is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EN'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?
2.0yrs
Average management tenure
CEO
Martin Bouygues (67yo)
30.75yrs
Tenure
€2,517,080
Compensation
Mr. Martin Bouygues has been the Chief Executive Officer and Chairman at Bouygues SA since September 5, 1989. Mr. Bouygues is employed at Saipem s.a. He serves as Administrator/Chairman and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD2.80M) is about average for companies of similar size in the French market ($USD3.99M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.75yrs | €2.52m | 0.097% €10.5m | |
| Deputy CEO & Director | 36yrs | €1.40m | 0.051% €5.5m | |
| Deputy Chief Executive Officer | 3.83yrs | €2.46m | no data | |
| Senior VP & CFO | 0.42yr | no data | no data | |
| Investor Relations Director | no data | no data | no data | |
| General Counsel | 2yrs | no data | no data | |
| Group Corporate Communications Director | no data | no data | no data | |
| Senior VP & Human Resources Director | 0.25yr | no data | no data | |
| Senior VP of Digital | 0.42yr | no data | no data | |
| Senior Vice President of Institutional & European Affairs | no data | no data | no data |
2.0yrs
Average Tenure
60yo
Average Age
Experienced Management: EN's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.75yrs | €2.52m | 0.097% €10.5m | |
| Deputy CEO & Director | 36yrs | €1.40m | 0.051% €5.5m | |
| Chairman & CEO of TF1 | 4.33yrs | no data | no data | |
| Chairman & CEO of Bouygues Construction | 5.25yrs | no data | no data | |
| Independent Director | 8.17yrs | €60.16k | 0.00013% €14.1k | |
| Independent Director | 10.17yrs | €84.00k | 0.0033% €361.6k | |
| Independent Director | 0.17yr | no data | no data | |
| Independent Director | 7.17yrs | €52.00k | 0.00014% €15.2k | |
| Employee Representative Director | 10.17yrs | €56.00k | no data | |
| Chairman of Bouygues Immobilier | 1.33yrs | no data | no data |
7.7yrs
Average Tenure
66.5yo
Average Age
Experienced Board: EN's board of directors are considered experienced (7.7 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 2.3%.
Top Shareholders
Company Information
Bouygues SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bouygues SA
- Ticker: EN
- Exchange: ENXTPA
- Founded: 1952
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €10.828b
- Shares outstanding: 379.91m
- Website: https://www.bouygues.com
Number of Employees
Location
- Bouygues SA
- 32 Avenue Hoche
- Paris
- Ile-de-France
- 75008
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BOUY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| EN | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jan 1992 |
| BYG | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 0HAN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| BYG | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| ENP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| EN | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jan 1992 |
| EN | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| BYG | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| BOUY.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Dec 2008 |
Biography
Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; constructs and maintains roads and motorways, airport runways, ports, industrial logistics and commercial hubs, urban roads and amenities, external works, reserved-lane public transport facilities, leisure facilities, and environmental amenities, as well as undertakes civil engineering activities; produces and recycles construction materials; and distributes bitumen. It also engages in the construction, renewal, and maintenance of rail networks; fitting of road safety and signaling equipment; and laying and maintenance of pipes and pipelines. In addition, the company produces TF1, TMC, TFX, TF1, and LCI complementary TV channels; operates TV Breizh, Histoire, Ushuaïa, and Serieclub channels; produces, broadcasts, and distributes content; produces cinemas; operates la seine musicale entertainment and concert venue; and licenses, publishes, and boards games, as well as musical and events. Further, it offers telecom services; mobile and fixed Internet services; and Bbox Miami, an Android box for TV. Bouygues SA was founded in 1952 and is based in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/02 20:52 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.