Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, environmental protection, efficiency, and social responsibility. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Bureau Veritas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BVI has not had significant price volatility in the past 3 months.
7 Day Return
FR Professional Services
1 Year Return
FR Professional Services
Return vs Industry: BVI underperformed the French Professional Services industry which returned 9.8% over the past year.
Return vs Market: BVI underperformed the French Market which returned -6.2% over the past year.
Price Volatility Vs. Market
How volatile is Bureau Veritas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StBureau Veritas SA (EPA:BVI) Looks Just Right
2 months ago | Simply Wall StThese 4 Measures Indicate That Bureau Veritas (EPA:BVI) Is Using Debt Extensively
2 months ago | Simply Wall StWe Think Bureau Veritas's (EPA:BVI) Statutory Profit Might Understate Its Earnings Potential
Is Bureau Veritas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BVI (€19.48) is trading above our estimate of fair value (€15.38)
Significantly Below Fair Value: BVI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BVI is poor value based on its PE Ratio (53.6x) compared to the FR Professional Services industry average (18.5x).
PE vs Market: BVI is poor value based on its PE Ratio (53.6x) compared to the French market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: BVI is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: BVI is overvalued based on its PB Ratio (7.8x) compared to the FR Professional Services industry average (1.3x).
How is Bureau Veritas forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BVI's forecast earnings growth (27.2% per year) is above the savings rate (0.6%).
Earnings vs Market: BVI's earnings (27.2% per year) are forecast to grow faster than the French market (24.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BVI's revenue (5.3% per year) is forecast to grow slower than the French market (6.7% per year).
High Growth Revenue: BVI's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BVI's Return on Equity is forecast to be high in 3 years time (26.7%)
How has Bureau Veritas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BVI has high quality earnings.
Growing Profit Margin: BVI's current net profit margins (3.4%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: BVI's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: BVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BVI had negative earnings growth (-54%) over the past year, making it difficult to compare to the Professional Services industry average (-43.6%).
Return on Equity
High ROE: BVI's Return on Equity (15%) is considered low.
How is Bureau Veritas's financial position?
Financial Position Analysis
Short Term Liabilities: BVI's short term assets (€3.8B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: BVI's short term assets (€3.8B) exceed its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: BVI's debt to equity ratio (317.4%) is considered high.
Reducing Debt: BVI's debt to equity ratio has increased from 196.2% to 317.4% over the past 5 years.
Debt Coverage: BVI's debt is well covered by operating cash flow (25.5%).
Interest Coverage: BVI's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Bureau Veritas's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BVI'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 BVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BVI is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BVI's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Didier Michaud-Daniel (62 yo)
Mr. Didier Michaud-Daniel has been the Chief Executive Officer and Managing Director of Bureau Veritas SA of Wendel since March 1, 2012. Mr. Michaud-Daniel serves as Independent Member of Supervisory Board ...
CEO Compensation Analysis
Compensation vs Market: Didier's total compensation ($USD4.87M) is about average for companies of similar size in the French market ($USD3.96M).
Compensation vs Earnings: Didier's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||8.58yrs||€4.14m||0.089% |
|Executive VP of Finance & Group CFO||2.08yrs||no data||no data|
|VP & COO||0.58yr||no data||no data|
|Head of Investor Relations||4.33yrs||no data||no data|
|Executive Vice-President of Group Legal Affairs & Internal Audit||0.17yr||no data||no data|
|EVP of Human Resources||2.33yrs||no data||no data|
|Executive Vice President of Group Transformation||no data||no data||no data|
|Executive Vice-President of CIF Asia||no data||no data||no data|
|Executive VP & CEO - North America||3.5yrs||no data||no data|
|Executive Vice President of CIF France & Africa and Government Services||2.42yrs||no data||no data|
|Executive Vice President of Commodities||2.42yrs||no data||no data|
|Executive Vice President of Marine & Offshore Division||1.75yrs||no data||no data|
Experienced Management: BVI's management team is considered experienced (2.4 years average tenure).
|Vice Chairman of the Board||2.75yrs||€67.00k||0.00028% |
|Independent Chairman||3.58yrs||€348.00k||0.0027% |
|Independent Director||4.42yrs||€54.50k||0.00027% |
|Independent Director||6.83yrs||€86.50k||0.00027% |
|Independent Director||1.42yrs||€16.28k||0.00027% |
|Honorary Chairman||6.92yrs||€464.73k||no data|
|Independent Director||2yrs||€45.77k||0.00046% |
|Independent Director||6.42yrs||€50.25k||0.00045% |
|Independent Director||7.42yrs||€63.23k||0.00027% |
|Independent Director||3.42yrs||€52.50k||0.00027% |
Experienced Board: BVI's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bureau Veritas SA's company bio, employee growth, exchange listings and data sources
- Name: Bureau Veritas SA
- Ticker: BVI
- Exchange: ENXTPA
- Founded: 1828
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €8.745b
- Shares outstanding: 448.92m
- Website: https://www.bureauveritas.com
Number of Employees
- Bureau Veritas SA
- Immeuble Newtime
- 40/52 Boulevard du Parc
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BVI||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Oct 2007|
|4BV||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2007|
|0MH1||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Oct 2007|
|BVRD.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2007|
|BVIP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Oct 2007|
|BVI||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Oct 2007|
Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, environmental protection, efficiency, and social responsibility. It operates through s ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 21:50|
|End of Day Share Price||2020/10/19 00:00|
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.