ENXTPA:EN

Stock Analysis Report

Executive Summary

Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally.

Snowflake

Fundamentals

6 star dividend payer with proven track record.


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


Market Performance


7 Day Return

0.5%

EN

0.2%

FR Construction

0.1%

FR Market


1 Year Return

-3.8%

EN

8.9%

FR Construction

2.1%

FR Market

EN underperformed the Construction industry which returned 8.9% over the past year.

EN underperformed the Market in France which returned 2.1% over the past year.


Share holder returns

ENIndustryMarket
7 Day0.5%0.2%0.1%
30 Day8.7%2.7%4.3%
90 Day11.1%8.2%2.0%
1 Year1.1%-3.8%12.7%8.9%5.6%2.1%
3 Year37.5%20.5%49.4%35.5%44.8%30.8%
5 Year74.6%39.0%123.2%86.1%61.9%38.0%

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

2 weeks ago | Simply Wall St

If You Like EPS Growth Then Check Out Bouygues (EPA:EN) Before It's Too Late

Valuation

Is Bouygues undervalued based on future cash flows and its price relative to the stock market?

19%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Bouygues's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Bouygues's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Bouygues is good value based on earnings compared to the FR Construction industry average.

Bouygues is good value based on earnings compared to the France market.


Price Based on Expected Growth

Bouygues is poor value based on expected growth next year.


Price Based on Value of Assets

Bouygues is good value based on assets compared to the FR Construction industry average.


Next Steps

Future Growth

How is Bouygues expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bouygues's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

Bouygues's earnings are expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).

Bouygues's revenue growth is positive but not above the France market average.

Bouygues's earnings growth is positive but not above the France market average.

Bouygues's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Bouygues is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bouygues performed over the past 5 years?

38.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bouygues has delivered over 20% year on year earnings growth in the past 5 years.

Bouygues's 1-year earnings growth is less than its 5-year average (13.5% vs 38%)

Bouygues's earnings growth has exceeded the Europe Construction industry average in the past year (13.5% vs 7.6%).


Return on Equity

Bouygues has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bouygues used its assets more efficiently than the FR Construction industry average last year based on Return on Assets.


Return on Capital Employed

Bouygues has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Bouygues's financial position?


Financial Position Analysis

Bouygues's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Bouygues's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Bouygues's level of debt (76%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (95.4% vs 76% today).

Debt is well covered by operating cash flow (23.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.4x debt.


Next Steps

Dividend

What is Bouygues's current dividend yield, its reliability and sustainability?

4.86%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Bouygues's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.55%).

Bouygues's dividend is above the markets top 25% of dividend payers in France (4.49%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2x coverage).


Next Steps

Management

What is the CEO of Bouygues's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Martin Bouygues (67yo)

30yrs

Tenure

€5,222,944

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

Martin's remuneration is about average for companies of similar size in France.

Martin's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

7.8yrs

Average Tenure

62yo

Average Age

The average tenure for the Bouygues management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.4yrs

Average Tenure

66.5yo

Average Age

The tenure for the Bouygues board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Martin Bouygues (67yo)

    Chairman & CEO

    • Tenure: 30yrs
    • Compensation: €5.22m
  • Olivier Bouygues (69yo)

    Deputy CEO & Director

    • Tenure: 35.3yrs
    • Compensation: €4.27m
  • Gilles Christian Pélisson (62yo)

    Chairman & CEO of TF1

    • Tenure: 3.6yrs
  • Christophe Liénard

    Group Chief Innovation Officer

    • Tenure: 0yrs
  • Emmanuel Forest (60yo)

    Senior Vice President of Institutional & European Affairs

    • Tenure: 0yrs
  • Philippe Marien (63yo)

    Deputy CEO

    • Tenure: 12yrs
    • Compensation: €7.70m
  • Olivier Roussat (55yo)

    Deputy CEO

    • Tenure: 3.1yrs
    • Compensation: €4.64m
  • Pierre Auberger

    Group Corporate Communications Director

    • Tenure: 0yrs
  • Karine Gruson

    Investor Relations Director

    • Tenure: 0yrs
  • Arnauld Van Eeckhout (62yo)

    General Counsel

    • Tenure: 1.3yrs

Board Members

  • Martin Bouygues (67yo)

    Chairman & CEO

    • Tenure: 30yrs
    • Compensation: €5.22m
  • Olivier Bouygues (69yo)

    Deputy CEO & Director

    • Tenure: 35.3yrs
    • Compensation: €4.27m
  • Hervé Le Bouc (67yo)

    Chairman of Colas

    • Tenure: 11.9yrs
    • Compensation: €2.35m
  • Helman le de Sécheval (53yo)

    Independent Director

    • Tenure: 11.4yrs
    • Compensation: €62.40k
  • Gilles Christian Pélisson (62yo)

    Chairman & CEO of TF1

    • Tenure: 3.6yrs
  • Anne-Marie Idrac (68yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: €63.52k
  • Colette Lewiner (74yo)

    Independent Director

    • Tenure: 9.4yrs
    • Compensation: €84.00k
  • Philippe Bonnave (66yo)

    Chairman & CEO of Bouygues Construction

    • Tenure: 4.5yrs
  • Michèle Vilain (58yo)

    Director

    • Tenure: 9.4yrs
    • Compensation: €56.00k
  • Pascal Minault (56yo)

    Chairman of Bouygues Immobilier

    • Tenure: 0.6yrs

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: €13.273b
  • Shares outstanding: 371.99m
  • Website: https://www.bouygues.com

Number of Employees


Location

  • Bouygues SA
  • 32, Avenue Hoche
  • Cedex 08
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOUY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
ENENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
BYGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0HANLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
BYGXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1992
ENPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
ENSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
ENWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
BOUY.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDDec 2008

Biography

Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally. The company designs, builds, and operates structures and facilities; dev ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 20:38
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.