Vicat SA produces and sells cement, ready-mixed concrete, and aggregates.
Price History & Performance
|Historical stock prices|
|Current Share Price||€38.35|
|52 Week High||€24.30|
|52 Week Low||€45.05|
|1 Month Change||-10.81%|
|3 Month Change||-7.03%|
|1 Year Change||41.51%|
|3 Year Change||-26.88%|
|5 Year Change||-33.28%|
|Change since IPO||335.28%|
Recent News & Updates
These 4 Measures Indicate That Vicat (EPA:VCT) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Returns At Vicat (EPA:VCT) Appear To Be Weighed Down
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Should You Investigate Vicat SA (EPA:VCT) At €41.25?
Vicat SA ( EPA:VCT ), might not be a large cap stock, but it saw significant share price movement during recent months...
|VCT||FR Basic Materials||FR Market|
Return vs Industry: VCT exceeded the French Basic Materials industry which returned 28.9% over the past year.
Return vs Market: VCT exceeded the French Market which returned 39.2% over the past year.
Stable Share Price: VCT is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VCT's weekly volatility (3%) has been stable over the past year.
About the Company
Vicat SA produces and sells cement, ready-mixed concrete, and aggregates. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. It offers various cement products, including Portland cement, Portland composite cement, blast furnace cement, slag cement, and Pozzolan cement for the general contractors, such as concrete mixers; manufacturers of precast concrete products; construction and public works contractors; local authorities; residential property developers or master masons; and construction material wholesalers or retail chains.
Vicat Fundamentals Summary
|VCT fundamental statistics|
Is VCT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VCT income statement (TTM)|
|Cost of Revenue||€1.89b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.04|
|Net Profit Margin||7.27%|
How did VCT perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is Vicat undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VCT (€38.35) is trading below our estimate of fair value (€167.5)
Significantly Below Fair Value: VCT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VCT is good value based on its PE Ratio (7.6x) compared to the European Basic Materials industry average (15.3x).
PE vs Market: VCT is good value based on its PE Ratio (7.6x) compared to the French market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: VCT is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: VCT is good value based on its PB Ratio (0.8x) compared to the XE Basic Materials industry average (1.3x).
How is Vicat forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VCT's forecast earnings growth (4.2% per year) is above the savings rate (0.4%).
Earnings vs Market: VCT's earnings (4.2% per year) are forecast to grow slower than the French market (12.1% per year).
High Growth Earnings: VCT's earnings are forecast to grow, but not significantly.
Revenue vs Market: VCT's revenue (5.7% per year) is forecast to grow slower than the French market (6.3% per year).
High Growth Revenue: VCT's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VCT's Return on Equity is forecast to be low in 3 years time (10.7%).
How has Vicat performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VCT has high quality earnings.
Growing Profit Margin: VCT's current net profit margins (7.3%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: VCT's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: VCT's earnings growth over the past year (71.6%) exceeds its 5-year average (5.3% per year).
Earnings vs Industry: VCT earnings growth over the past year (71.6%) exceeded the Basic Materials industry 31.4%.
Return on Equity
High ROE: VCT's Return on Equity (10%) is considered low.
How is Vicat's financial position?
Financial Position Analysis
Short Term Liabilities: VCT's short term assets (€1.5B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: VCT's short term assets (€1.5B) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: VCT's debt to equity ratio (63.2%) is considered high.
Reducing Debt: VCT's debt to equity ratio has increased from 53.8% to 63.2% over the past 5 years.
Debt Coverage: VCT's debt is well covered by operating cash flow (27.4%).
Interest Coverage: VCT's interest payments on its debt are well covered by EBIT (10.6x coverage).
What is Vicat current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VCT's dividend (3.91%) is higher than the bottom 25% of dividend payers in the French market (1.28%).
High Dividend: VCT's dividend (3.91%) is low compared to the top 25% of dividend payers in the French market (3.98%).
Stability and Growth of Payments
Stable Dividend: VCT's dividends per share have been stable in the past 10 years.
Growing Dividend: VCT's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), VCT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VCT's dividends in 3 years are forecast to be well covered by earnings (22.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guy Sidos (58 yo)
Mr. Guy Sidos has been the Chief Executive Officer of Vicat SA since 2008 and has been its Chairman since March 2014 and served as its Chief Operating Officer. Mr. Sidos serves as the Chief Executive Offic...
CEO Compensation Analysis
Compensation vs Market: Guy's total compensation ($USD1.45M) is above average for companies of similar size in the French market ($USD1.03M).
Compensation vs Earnings: Guy's compensation has been consistent with company performance over the past year.
Experienced Management: VCT's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: VCT's board of directors are considered experienced (7.3 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.
Vicat SA's employee growth, exchange listings and data sources
- Name: Vicat SA
- Ticker: VCT
- Exchange: ENXTPA
- Founded: 1853
- Industry: Construction Materials
- Sector: Materials
- Market Cap: €1.695b
- Shares outstanding: 44.19m
- Website: https://www.vicat.fr
Number of Employees
- Vicat SA
- 4 Rue Aristide Berges
- Les Trois Vallons
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 17:56|
|End of Day Share Price||2021/09/24 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.