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FGR

EiffageENXTPA:FGR Stock Report

Market Cap

€8.7b

7D

1.6%

1Y

27.5%

Updated

21 Oct, 2021

Data

Company Financials +
FGR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health3/6
Dividends4/6

FGR Overview

Eiffage SA engages in the construction, infrastructure, energy systems, and concessions businesses in France and internationally.

Eiffage Competitors

VINCI

ENXTPA:DG

€52.4b

Bouygues

ENXTPA:EN

€13.1b

Colas

ENXTPA:RE

€4.3b

TotalEnergies

ENXTPA:TTE

€116.8b

Price History & Performance

Summary of all time highs, changes and price drops for Eiffage
Historical stock prices
Current Share Price€87.88
52 Week High€60.80
52 Week Low€95.50
Beta1.64
1 Month Change2.69%
3 Month Change2.28%
1 Year Change27.51%
3 Year Change1.74%
5 Year Change31.13%
Change since IPO1,193.00%

Recent News & Updates

Oct 09
These 4 Measures Indicate That Eiffage (EPA:FGR) Is Using Debt Extensively

These 4 Measures Indicate That Eiffage (EPA:FGR) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Sep 25
Is It Time To Consider Buying Eiffage SA (EPA:FGR)?

Is It Time To Consider Buying Eiffage SA (EPA:FGR)?

Today we're going to take a look at the well-established Eiffage SA ( EPA:FGR ). The company's stock received a lot of...

Aug 07
Eiffage (EPA:FGR) Is Finding It Tricky To Allocate Its Capital

Eiffage (EPA:FGR) Is Finding It Tricky To Allocate Its Capital

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...

Shareholder Returns

FGRFR ConstructionFR Market
7D1.6%1.9%0.3%
1Y27.5%24.4%35.3%

Return vs Industry: FGR exceeded the French Construction industry which returned 24.6% over the past year.

Return vs Market: FGR underperformed the French Market which returned 35.1% over the past year.

Price Volatility

Is FGR's price volatile compared to industry and market?
FGR volatility
FGR Beta1.64
Industry Beta1.12
Market Beta1

Stable Share Price: FGR is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FGR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192072,700Benoit de Ruffrayhttps://www.eiffage.com

Eiffage SA engages in the construction, infrastructure, energy systems, and concessions businesses in France and internationally. The company’s Construction segment offers urban development, building design and construction, property development, and maintenance and facilities management services for public and private-sector customers. Its Infrastructure segment is involved in the civil engineering, road and rail design and construction, drainage, earthworks, and metallic construction.

Eiffage Fundamentals Summary

How do Eiffage's earnings and revenue compare to its market cap?
FGR fundamental statistics
Market Cap€8.72b
Earnings (TTM)€643.00m
Revenue (TTM)€18.46b

13.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FGR income statement (TTM)
Revenue€18.46b
Cost of Revenue€3.12b
Gross Profit€15.33b
Expenses€14.69b
Earnings€643.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)6.48
Gross Margin83.07%
Net Profit Margin3.48%
Debt/Equity Ratio222.9%

How did FGR perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

48%

Payout Ratio

Valuation

Is Eiffage undervalued compared to its fair value and its price relative to the market?

30.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FGR (€87.88) is trading below our estimate of fair value (€125.79)

Significantly Below Fair Value: FGR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FGR is good value based on its PE Ratio (13.6x) compared to the French Construction industry average (15.6x).

PE vs Market: FGR is good value based on its PE Ratio (13.6x) compared to the French market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: FGR is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: FGR's PB Ratio (1.6x) is in line with the FR Construction industry average.


Future Growth

How is Eiffage forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FGR's forecast earnings growth (14.7% per year) is above the savings rate (0.3%).

Earnings vs Market: FGR's earnings (14.7% per year) are forecast to grow faster than the French market (12.4% per year).

High Growth Earnings: FGR's earnings are forecast to grow, but not significantly.

Revenue vs Market: FGR's revenue (2.9% per year) is forecast to grow slower than the French market (6.2% per year).

High Growth Revenue: FGR's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FGR's Return on Equity is forecast to be low in 3 years time (14.7%).


Past Performance

How has Eiffage performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FGR has high quality earnings.

Growing Profit Margin: FGR's current net profit margins (3.5%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: FGR's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: FGR's earnings growth over the past year (50.6%) exceeds its 5-year average (3% per year).

Earnings vs Industry: FGR earnings growth over the past year (50.6%) underperformed the Construction industry 88.5%.


Return on Equity

High ROE: FGR's Return on Equity (14.4%) is considered low.


Financial Health

How is Eiffage's financial position?


Financial Position Analysis

Short Term Liabilities: FGR's short term assets (€12.8B) exceed its short term liabilities (€12.6B).

Long Term Liabilities: FGR's short term assets (€12.8B) do not cover its long term liabilities (€14.3B).


Debt to Equity History and Analysis

Debt Level: FGR's debt to equity ratio (222.9%) is considered high.

Reducing Debt: FGR's debt to equity ratio has reduced from 421.8% to 222.9% over the past 5 years.

Debt Coverage: FGR's debt is not well covered by operating cash flow (17.9%).

Interest Coverage: FGR's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Dividend

What is Eiffage current dividend yield, its reliability and sustainability?

3.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FGR's dividend (3.41%) is higher than the bottom 25% of dividend payers in the French market (1.32%).

High Dividend: FGR's dividend (3.41%) is low compared to the top 25% of dividend payers in the French market (3.91%).


Stability and Growth of Payments

Stable Dividend: FGR's dividend payments have been volatile in the past 10 years.

Growing Dividend: FGR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.6%), FGR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FGR's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Benoit de Ruffray (55 yo)

5.75yrs

Tenure

€2,365,510

Compensation

Mr. Benoit de Ruffray has been the Chairman and Chief Executive Officer of Eiffage SA since January 18, 2016. Mr. de Ruffray served as Chief Executive Officer of Soletanche Freyssinet SAS at VINCI SA from...


CEO Compensation Analysis

Compensation vs Market: Benoit's total compensation ($USD2.75M) is about average for companies of similar size in the French market ($USD3.31M).

Compensation vs Earnings: Benoit's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: FGR's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: FGR's board of directors are considered experienced (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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Eiffage SA's employee growth, exchange listings and data sources


Key Information

  • Name: Eiffage SA
  • Ticker: FGR
  • Exchange: ENXTPA
  • Founded: 1920
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €8.721b
  • Shares outstanding: 99.24m
  • Website: https://www.eiffage.com

Number of Employees


Location

  • Eiffage SA
  • 3-7, place de l’Europe
  • Vélizy-Villacoublay
  • Ile-de-France
  • 78140
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 20:53
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.