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PUB

Publicis GroupeENXTPA:PUB Stock Report

Last Price

€60.50

Market Cap

€15.1b

7D

-0.3%

1Y

40.1%

Updated

23 Jan, 2022

Data

Company Financials +
PUB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends4/6

PUB Stock Overview

Publicis Groupe S.A. provides communication, value chain, consulting, execution, and marketing and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

Publicis Groupe Competitors

Ipsos

ENXTPA:IPS

€1.9b

Accenture

NYSE:ACN

US$212.1b

Lockheed Martin

NYSE:LMT

US$102.4b

Northrop Grumman

NYSE:NOC

US$63.2b

Price History & Performance

Summary of all time highs, changes and price drops for Publicis Groupe
Historical stock prices
Current Share Price€60.50
52 Week High€62.58
52 Week Low€40.44
Beta1
1 Month Change2.54%
3 Month Change7.00%
1 Year Change40.11%
3 Year Change11.30%
5 Year Change-7.15%
Change since IPO795.97%

Recent News & Updates

Dec 22
An Intrinsic Calculation For Publicis Groupe S.A. (EPA:PUB) Suggests It's 50% Undervalued

An Intrinsic Calculation For Publicis Groupe S.A. (EPA:PUB) Suggests It's 50% Undervalued

In this article we are going to estimate the intrinsic value of Publicis Groupe S.A. ( EPA:PUB ) by taking the expected...

Nov 08
Does Publicis Groupe (EPA:PUB) Have A Healthy Balance Sheet?

Does Publicis Groupe (EPA:PUB) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Oct 24
Should You Investigate Publicis Groupe S.A. (EPA:PUB) At €57.48?

Should You Investigate Publicis Groupe S.A. (EPA:PUB) At €57.48?

Today we're going to take a look at the well-established Publicis Groupe S.A. ( EPA:PUB ). The company's stock saw a...

Oct 10
Publicis Groupe (EPA:PUB) Has Some Way To Go To Become A Multi-Bagger

Publicis Groupe (EPA:PUB) Has Some Way To Go To Become A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Sep 14
A Look At The Intrinsic Value Of Publicis Groupe S.A. (EPA:PUB)

A Look At The Intrinsic Value Of Publicis Groupe S.A. (EPA:PUB)

How far off is Publicis Groupe S.A. ( EPA:PUB ) from its intrinsic value? Using the most recent financial data, we'll...

Aug 05
Here's Why Publicis Groupe (EPA:PUB) Can Manage Its Debt Responsibly

Here's Why Publicis Groupe (EPA:PUB) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

PUBFR MediaFR Market
7D-0.3%-1.7%-0.5%
1Y40.1%-13.8%22.6%

Return vs Industry: PUB exceeded the French Media industry which returned -13.8% over the past year.

Return vs Market: PUB exceeded the French Market which returned 22.6% over the past year.

Price Volatility

Is PUB's price volatile compared to industry and market?
PUB volatility
PUB Average Weekly Movement2.8%
Media Industry Average Movement3.9%
Market Average Movement4.6%
10% most volatile stocks in FR Market9.8%
10% least volatile stocks in FR Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
192682,592Arthur Sadounhttps://www.publicisgroupe.com

Publicis Groupe S.A. provides communication, value chain, consulting, execution, and marketing and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company operates as advertising agencies that offer billboard, television, radio, and press advertising services, as well as advertising solutions through digital channels under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; and provides crisis communications, media relations, public affairs, financial communications, and strategy and event management services, as well as digital marketing services. It also engages in the conception and supply of brand content for television, print media, radio, cinema, billboards, display, social networks, online video, etc.; and provision of media consulting, planning, and buying services.

Publicis Groupe Fundamentals Summary

How do Publicis Groupe's earnings and revenue compare to its market cap?
PUB fundamental statistics
Market Cap€15.08b
Earnings (TTM)€854.00m
Revenue (TTM)€11.00b

17.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PUB income statement (TTM)
Revenue€11.00b
Cost of Revenue€6.08b
Gross Profit€4.92b
Expenses€4.07b
Earnings€854.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.43
Gross Margin44.74%
Net Profit Margin7.76%
Debt/Equity Ratio56.7%

How did PUB perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

57%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PUB (€60.5) is trading below our estimate of fair value (€147.18)

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


Price To Earnings Ratio

PE vs Industry: PUB is poor value based on its PE Ratio (17.7x) compared to the French Media industry average (13.8x).

PE vs Market: PUB is good value based on its PE Ratio (17.7x) compared to the French market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: PUB is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: PUB is overvalued based on its PB Ratio (2x) compared to the FR Media industry average (1.7x).


Future Growth

How is Publicis Groupe forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PUB's forecast earnings growth (9.1% per year) is above the savings rate (0.3%).

Earnings vs Market: PUB's earnings (9.1% per year) are forecast to grow slower than the French market (11.8% per year).

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

Revenue vs Market: PUB's revenue (3.1% per year) is forecast to grow slower than the French market (6.2% per year).

High Growth Revenue: PUB's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PUB's Return on Equity is forecast to be low in 3 years time (13.9%).


Past Performance

How has Publicis Groupe performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PUB has a large one-off loss of €328.0M impacting its June 30 2021 financial results.

Growing Profit Margin: PUB's current net profit margins (7.8%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: PUB's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: PUB's earnings growth over the past year (35.1%) exceeds its 5-year average (22.9% per year).

Earnings vs Industry: PUB earnings growth over the past year (35.1%) exceeded the Media industry 13.3%.


Return on Equity

High ROE: PUB's Return on Equity (11.2%) is considered low.


Financial Health

How is Publicis Groupe's financial position?


Financial Position Analysis

Short Term Liabilities: PUB's short term assets (€13.9B) do not cover its short term liabilities (€15.4B).

Long Term Liabilities: PUB's short term assets (€13.9B) exceed its long term liabilities (€6.0B).


Debt to Equity History and Analysis

Debt Level: PUB's net debt to equity ratio (18%) is considered satisfactory.

Reducing Debt: PUB's debt to equity ratio has increased from 53.6% to 56.7% over the past 5 years.

Debt Coverage: PUB's debt is well covered by operating cash flow (61.4%).

Interest Coverage: PUB's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


Dividend

What is Publicis Groupe current dividend yield, its reliability and sustainability?

3.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PUB's dividend (3.31%) is higher than the bottom 25% of dividend payers in the French market (1.34%).

High Dividend: PUB's dividend (3.31%) is low compared to the top 25% of dividend payers in the French market (3.91%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.2%), PUB's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PUB's dividends in 3 years are forecast to be well covered by earnings (42.8% payout ratio).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Arthur Sadoun (50 yo)

4.58yrs

Tenure

€3,865,800

Compensation

Mr. Arthur Sadoun has been an Independent Director of Carrefour SA since September 07, 2021. He has been Chairman of Management Board and Chief Executive Officer of Publicis Groupe S.A. since June 1, 2017....


CEO Compensation Analysis

Compensation vs Market: Arthur's total compensation ($USD4.38M) is above average for companies of similar size in the French market ($USD3.22M).

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


Leadership Team

Experienced Management: PUB's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: PUB's board of directors are considered experienced (9.7 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

Publicis Groupe S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Publicis Groupe S.A.
  • Ticker: PUB
  • Exchange: ENXTPA
  • Founded: 1926
  • Industry: Advertising
  • Sector: Media
  • Implied Market Cap: €15.085b
  • Shares outstanding: 249.33m
  • Website: https://www.publicisgroupe.com

Number of Employees


Location

  • Publicis Groupe S.A.
  • 133, Avenue des Champs-ElysEes
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 19:01
End of Day Share Price2022/01/21 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.