Vicat S.A.

ENXTPA:VCT Stock Report

Market Cap: €2.8b

Vicat Dividends and Buybacks

Dividend criteria checks 5/6

Vicat is a dividend paying company with a current yield of 3.17% that is well covered by earnings.

Key information

3.2%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield3.1%
Future Dividend Yield3.2%
Dividend Growth3.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio32%

Recent dividend and buyback updates

Analysis Article Mar 03

Vicat (EPA:VCT) Is Due To Pay A Dividend Of €2.00

The board of Vicat S.A. ( EPA:VCT ) has announced that it will pay a dividend on the 2nd of May, with investors...

Recent updates

Narrative Update Apr 21

VCT: Decarbonization Project Support Will Drive Future Upside Potential

Analysts have kept their Vicat price target broadly steady at around €88, with only marginal tweaks to the discount rate and long term P/E assumptions. This reflects fine tuning of their valuation framework rather than a shift in fundamental views.
Narrative Update Apr 07

VCT: Carbon Capture Progress And Recent Upgrades Will Support Future Upside

The updated analyst price target for Vicat edges slightly lower to €88.40 from €89.20, as analysts factor in a modestly higher discount rate while keeping revenue growth, profit margin assumptions and forward P/E expectations broadly unchanged, and reference recent Street research where firms have turned more constructive on the shares and lifted individual price targets, including moves from €69 to €80. Analyst Commentary Recent research points to a more constructive tone around Vicat, with several firms adjusting their views and price targets in light of updated assumptions on discount rates, valuation and execution risk.
Narrative Update Mar 23

VCT: Decarbonization Progress And CO2 Capture Project Will Support Future Upside

Analysts have nudged their price targets on Vicat higher, with one raising the figure to €80 from €69. This reflects growing confidence and supports only minor tweaks to discount rate and P/E assumptions in the underlying valuation.
Narrative Update Mar 07

VCT: Decarbonization Project Progress And CO2 Capture Plans Will Support Upside

Analysts have raised their price target on Vicat to €80 from €69. The change reflects updated views on the group’s earnings outlook, which are incorporated through a slightly higher discount rate and a modest adjustment to the assumed future P/E multiple.
Narrative Update Feb 21

VCT: Decarbonization Project Progress Will Support Further Upside Potential

The analyst price target for Vicat has shifted from about €91 to roughly €89. The tweak reflects updated views on slightly firmer revenue growth and margins, alongside a lower assumed discount rate, in line with recent target raises from €63 to €69 and then to €80 cited by other analysts.
Narrative Update Feb 06

VCT: Rising Confidence In Execution Will Support Further Upside Potential

Narrative Update Analysts have raised their price expectations for Vicat. Recent Street research now points to a potential move to €80 from €69, reflecting updated assumptions around fair value, discount rates and future P/E multiples.
Narrative Update Jan 23

VCT: Higher Fair Value And 2025 Guidance Confirmation Will Support Upside Confidence

Analysts have lifted their fair value estimate for Vicat from €81.80 to €91.00, supported by recent price target increases and a more constructive stance in Street research. Analyst Commentary Recent Street research has tilted more constructive on Vicat, with successive price target revisions providing a clearer range of how analysts are framing valuation and execution risk.
Analysis Article Jan 23

Is There An Opportunity With Vicat S.A.'s (EPA:VCT) 35% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vicat fair value estimate is €123 Vicat's €79.80 share price...
Narrative Update Jan 09

VCT: Higher Fair Value And Steady Outlook Will Support Balanced Expectations

Analysts have raised their fair value estimate for Vicat from €74.00 to €81.80, citing updated assumptions on revenue growth, profit margins and future P/E that are consistent with the recent Street move to increase the price target to €69.00. Analyst Commentary Bullish Takeaways Bullish analysts see the move to a €69.00 price target as broadly aligned with the higher fair value estimate of €81.80, which they view as support for a more constructive stance on the shares.
Analysis Article Jan 06

Returns On Capital Are Showing Encouraging Signs At Vicat (EPA:VCT)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Narrative Update Dec 18

VCT: Earnings Resilience Will Support Moderately Higher Expectations Amid Balanced Outlook

Analysts modestly raised their price target on Vicat to EUR 69 from EUR 63, reflecting slightly improved valuation assumptions despite broadly unchanged forecasts for growth, profitability, and discount rates. Analyst Commentary Analysts describe the revised price target as a fine tuning of valuation rather than a fundamental shift in the investment case, with the Neutral stance underscoring a balanced risk reward profile.
Narrative Update Dec 04

VCT: Earnings Resilience And Margin Discipline Will Drive Cautiously Balanced Outlook

Analysts have modestly increased their price target on Vicat, lifting fair value from EUR 72.50 to EUR 74.00. They cite slightly stronger revenue growth expectations and a higher future earnings multiple, in line with recent upward revisions in Street targets.
Narrative Update Nov 20

VCT: Earnings Outlook And Margin Trends Will Shape Balanced Performance

Analysts have raised their price target for Vicat from €67.25 to €72.50, citing improved expectations for revenue growth. This comes despite a slightly higher discount rate and minor adjustments to profit margin forecasts.
Narrative Update Nov 05

VCT: Earnings Outlook And Margin Trends Will Shape Balanced Performance

Analysts have raised their price target for Vicat from €65 to €67.25. They cite updated forecasts, which reflect marginal improvements in profit margins as well as adjustments to expected revenue growth and discount rates.
Analysis Article Oct 29

Investors Don't See Light At End Of Vicat S.A.'s (EPA:VCT) Tunnel

When close to half the companies in France have price-to-earnings ratios (or "P/E's") above 17x, you may consider Vicat...
Analysis Article Oct 02

Vicat (EPA:VCT) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Aug 30

Should You Think About Buying Vicat S.A. (EPA:VCT) Now?

Vicat S.A. ( EPA:VCT ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Aug 01

Earnings Update: Vicat S.A. (EPA:VCT) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Last week, you might have seen that Vicat S.A. ( EPA:VCT ) released its half-year result to the market. The early...
Analysis Article Jul 12

Vicat S.A.'s (EPA:VCT) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 10.4x Vicat S.A. ( EPA:VCT ) may be sending bullish signals at the moment...
Analysis Article May 25

Is It Time To Consider Buying Vicat S.A. (EPA:VCT)?

Vicat S.A. ( EPA:VCT ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Apr 05

We Discuss Whether Vicat S.A.'s (EPA:VCT) CEO Is Due For A Pay Rise

Key Insights Vicat to hold its Annual General Meeting on 11th of April Salary of €988.8k is part of CEO Guy Sidos's...
Analysis Article Mar 07

Vicat S.A.'s (EPA:VCT) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Despite an already strong run, Vicat S.A. ( EPA:VCT ) shares have been powering on, with a gain of 27% in the last...
Analysis Article Mar 03

Vicat (EPA:VCT) Is Due To Pay A Dividend Of €2.00

The board of Vicat S.A. ( EPA:VCT ) has announced that it will pay a dividend on the 2nd of May, with investors...
User avatar
New Narrative Feb 23

Major Projects Like Lyon-Turin Tunnel And US Expansion Will Boost Future Prospects

Anticipated growth in French and U.S. markets driven by construction demand and investment will enhance Vicat's revenue and margins.
Analysis Article Feb 22

Vicat S.A. (EPA:VCT) Released Earnings Last Week And Analysts Lifted Their Price Target To €44.40

It's been a good week for Vicat S.A. ( EPA:VCT ) shareholders, because the company has just released its latest annual...
Analysis Article Dec 02

What Is Vicat S.A.'s (EPA:VCT) Share Price Doing?

Vicat S.A. ( EPA:VCT ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
Analysis Article Jul 13

Should You Think About Buying Vicat S.A. (EPA:VCT) Now?

Vicat S.A. ( EPA:VCT ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Jun 14

There's No Escaping Vicat S.A.'s (EPA:VCT) Muted Earnings

With a price-to-earnings (or "P/E") ratio of 6.2x Vicat S.A. ( EPA:VCT ) may be sending very bullish signals at the...
Analysis Article May 12

Vicat (EPA:VCT) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 29

Vicat (EPA:VCT) Will Pay A Larger Dividend Than Last Year At €2.00

The board of Vicat S.A. ( EPA:VCT ) has announced that it will be paying its dividend of €2.00 on the 2nd of May, an...
Analysis Article Mar 07

Vicat (EPA:VCT) Is Increasing Its Dividend To €2.00

Vicat S.A. ( EPA:VCT ) has announced that it will be increasing its dividend from last year's comparable payment on the...
Analysis Article Feb 03

Are Investors Undervaluing Vicat S.A. (EPA:VCT) By 49%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vicat fair value estimate is €68.64 Current share price of...
Analysis Article Nov 20

Vicat (EPA:VCT) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 02

Slowing Rates Of Return At Vicat (EPA:VCT) Leave Little Room For Excitement

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Sep 22

Is Vicat S.A. (EPA:VCT) Potentially Undervalued?

While Vicat S.A. ( EPA:VCT ) might not be the most widely known stock at the moment, it saw a decent share price growth...
Analysis Article Jul 28

These 4 Measures Indicate That Vicat (EPA:VCT) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 01

Vicat (EPA:VCT) Hasn't Managed To Accelerate Its Returns

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Jun 08

Is Vicat S.A. (EPA:VCT) Trading At A 48% Discount?

Key Insights Vicat's estimated fair value is €50.14 based on 2 Stage Free Cash Flow to Equity Vicat is estimated to be...
Analysis Article May 15

At €26.15, Is Vicat S.A. (EPA:VCT) Worth Looking At Closely?

Vicat S.A. ( EPA:VCT ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Apr 16

Vicat (EPA:VCT) Has No Shortage Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 10

At €27.15, Is It Time To Put Vicat S.A. (EPA:VCT) On Your Watch List?

Vicat S.A. ( EPA:VCT ), is not the largest company out there, but it led the ENXTPA gainers with a relatively large...
Analysis Article Dec 24

Here's Why Vicat (EPA:VCT) Is Weighed Down By Its Debt Load

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 20

Vicat (EPA:VCT) Hasn't Managed To Accelerate Its Returns

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Sep 10

Is Vicat S.A. (EPA:VCT) Potentially Undervalued?

While Vicat S.A. ( EPA:VCT ) might not be the most widely known stock at the moment, it saw significant share price...
Analysis Article Aug 23

Is Vicat (EPA:VCT) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jul 27

Vicat (EPA:VCT) Might Have The Makings Of A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Apr 29

Vicat's (EPA:VCT) Shareholders Will Receive A Bigger Dividend Than Last Year

Vicat S.A. ( EPA:VCT ) has announced that it will be increasing its dividend on the 3rd of May to €1.65. This takes the...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VCT's dividends per share have been stable in the past 10 years.

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


Dividend Yield vs Market

Vicat Dividend Yield vs Market
How does VCT dividend yield compare to the market?
SegmentDividend Yield
Company (VCT)3.2%
Market Bottom 25% (FR)2.0%
Market Top 25% (FR)5.5%
Industry Average (Basic Materials)2.0%
Analyst forecast (VCT) (up to 3 years)3.2%

Notable Dividend: VCT's dividend (3.17%) is higher than the bottom 25% of dividend payers in the French market (1.94%).

High Dividend: VCT's dividend (3.17%) is low compared to the top 25% of dividend payers in the French market (5.49%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.4%), VCT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), VCT's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 09:44
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vicat S.A. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom ZhangBarclays
Robert ChantryBerenberg
Harry GoadBerenberg