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Société Générale Société anonyme

LSE:0J6Y
Snowflake Description

Established dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0J6Y
LSE
€23B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Société Générale Société anonyme provides financial services in Europe and internationally. The last earnings update was 37 days ago. More info.


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0J6Y Share Price and Events
7 Day Returns
6.9%
LSE:0J6Y
3.1%
GB Banks
1%
GB Market
1 Year Returns
-37.4%
LSE:0J6Y
-6.9%
GB Banks
1.6%
GB Market
0J6Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Société Générale Société anonyme (0J6Y) 6.9% 1.7% -0.7% -37.4% -20.1% -35.4%
GB Banks 3.1% 3.6% 7.4% -6.9% 17.4% -11.6%
GB Market 1% 2.3% 8.6% 1.6% 14% 5.9%
1 Year Return vs Industry and Market
  • 0J6Y underperformed the Banks industry which returned -6.9% over the past year.
  • 0J6Y underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.6% over the past year.
Price Volatility
0J6Y
Industry
5yr Volatility vs Market

Value

 Is Société Générale Société anonyme undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Société Générale Société anonyme to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Société Générale Société anonyme.

LSE:0J6Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 13 analysts.
= Stable Book Value * Return on Equity
= €66.37 * 6.2%
€4.12
Book Value of Equity per Share Weighted future Book Value estimates from 9 analysts. €66.37
Discount Rate (Cost of Equity) See below 14.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0J6Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.591 (1 + (1- 33%) (1274.12%))
4.107
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (2 * 6.65%)
14.53%

Discounted Cash Flow Calculation for LSE:0J6Y using Excess Returns Model Model

The calculations below outline how an intrinsic value for Société Générale Société anonyme is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0J6Y Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.2% – 14.53%) * €66.37)
€-5.52
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-5.52 / (14.53% - 1.23%)
€-41.51
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €66.37 + €-41.51
€24.86
LSE:0J6Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0J6Y represents 0.97883x of ENXTPA:GLE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97883x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 24.86 x 0.97883
€24.33
Value per share (EUR) From above. €24.33
Current discount Discount to share price of €28.40
= -1 x (€28.40 - €24.33) / €24.33
-16.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Société Générale Société anonyme is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Société Générale Société anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Société Générale Société anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0J6Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €4.24
ENXTPA:GLE Share Price ** ENXTPA (2019-04-18) in EUR €29.02
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 10.28x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 795 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Société Générale Société anonyme.

LSE:0J6Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:GLE Share Price ÷ EPS (both in EUR)

= 29.02 ÷ 4.24

6.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Générale Société anonyme is good value based on earnings compared to the GB Banks industry average.
  • Société Générale Société anonyme is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Société Générale Société anonyme's expected growth come at a high price?
Raw Data
LSE:0J6Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
4.5%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.87x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

LSE:0J6Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.84x ÷ 4.5%

1.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Générale Société anonyme is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Société Générale Société anonyme's assets?
Raw Data
LSE:0J6Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €76.10
ENXTPA:GLE Share Price * ENXTPA (2019-04-18) in EUR €29.02
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.52x
LSE:0J6Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:GLE Share Price ÷ Book Value per Share (both in EUR)

= 29.02 ÷ 76.10

0.38x

* Primary Listing of Société Générale Société anonyme.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Générale Société anonyme is good value based on assets compared to the GB Banks industry average.
X
Value checks
We assess Société Générale Société anonyme's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Société Générale Société anonyme has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Société Générale Société anonyme expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Société Générale Société anonyme expected to grow at an attractive rate?
  • Société Générale Société anonyme's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Société Générale Société anonyme's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Société Générale Société anonyme's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0J6Y Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0J6Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 4.5%
LSE:0J6Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 2.6%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.6%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.1%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0J6Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0J6Y Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 26,750 4,161 1
2021-12-31 25,992 3,846 12
2020-12-31 25,513 3,714 15
2019-12-31 24,812 3,423 14
LSE:0J6Y Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 24,033 -1,054 3,402
2018-09-30 25,735 2,854
2018-06-30 24,889 -10,768 2,572
2018-03-31 24,243 2,341
2018-01-01 24,354 28,398 2,340
2017-09-30 23,737 2,643
2017-06-30 23,510 8,954 2,905
2017-03-31 24,819 3,225
2016-12-31 24,273 22,730 3,402
2016-09-30 23,397 3,684
2016-06-30 23,597 31,059 3,711
2016-03-31 23,422 3,615

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Société Générale Société anonyme's earnings are expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).
  • Société Générale Société anonyme's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0J6Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Société Générale Société anonyme Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0J6Y Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 4.55 4.55 4.55 1.00
2021-12-31 4.50 5.08 3.52 9.00
2020-12-31 4.38 5.30 3.36 14.00
2019-12-31 4.16 4.76 3.63 13.00
LSE:0J6Y Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 4.24
2018-09-30 3.56
2018-06-30 3.21
2018-03-31 3.09
2018-01-01 2.92
2017-09-30 3.30
2017-06-30 3.63
2017-03-31 3.96
2016-12-31 4.26
2016-09-30 4.62
2016-06-30 4.66
2016-03-31 4.56

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Société Générale Société anonyme is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Société Générale Société anonyme's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Société Générale Société anonyme has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Société Générale Société anonyme performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Société Générale Société anonyme's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Société Générale Société anonyme's year on year earnings growth rate has been positive over the past 5 years.
  • Société Générale Société anonyme's 1-year earnings growth exceeds its 5-year average (45.2% vs 7%)
  • Société Générale Société anonyme's earnings growth has exceeded the GB Banks industry average in the past year (45.2% vs 42.2%).
Earnings and Revenue History
Société Générale Société anonyme's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Société Générale Société anonyme Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0J6Y Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 24,033.00 3,402.00 11,216.00
2018-09-30 25,735.00 2,854.00 11,358.00
2018-06-30 24,889.00 2,572.00 11,249.00
2018-03-31 24,243.00 2,341.00 11,358.00
2018-01-01 24,354.00 2,340.00 11,594.00
2017-09-30 23,737.00 2,643.00 11,306.00
2017-06-30 23,510.00 2,905.00 11,306.00
2017-03-31 24,819.00 3,225.00 11,306.00
2016-12-31 24,273.00 3,402.00 11,306.00
2016-09-30 23,397.00 3,684.00 11,522.00
2016-06-30 23,597.00 3,711.00 11,522.00
2016-03-31 23,422.00 3,615.00 11,522.00
2015-12-31 23,511.00 3,559.00 11,522.00
2015-09-30 23,618.00 3,157.00 4,212.00
2015-06-30 23,059.00 2,913.00 8,132.00
2015-03-31 22,062.00 2,964.00 16,037.00
2014-12-31 21,311.00 2,265.00 16,037.00
2014-09-30 24,768.00 1,986.00 32,425.00
2014-06-30 24,277.00 1,638.00 28,505.00
2014-03-31 24,164.00 1,514.00 20,600.00
2013-12-31 23,329.00 1,709.00 20,600.00
2013-09-30 22,850.00 1,091.00 21,020.00
2013-06-30 22,607.00 647.00 21,020.00
2013-03-31 22,822.00 131.00 21,020.00
2012-12-31 24,077.00 499.00 21,020.00
2012-09-30 24,676.00 1,339.00 2,334.00
2012-06-30 25,488.00 1,871.00 6,352.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Société Générale Société anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Société Générale Société anonyme used its assets less efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Société Générale Société anonyme improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Société Générale Société anonyme's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Société Générale Société anonyme has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Société Générale Société anonyme's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Société Générale Société anonyme's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Société Générale Société anonyme Company Filings, last reported 3 months ago.

LSE:0J6Y Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 65,809.00 296,466.00 543,974.00
2018-09-30 64,741.00 260,316.00 530,332.00
2018-06-30 63,363.00 293,744.00 545,538.00
2018-03-31 63,500.00 244,900.00 526,900.00
2018-01-01 62,951.00 299,824.00 552,219.00
2017-09-30 64,800.00 238,500.00 601,900.00
2017-06-30 64,497.00 327,222.00 624,106.00
2017-03-31 66,000.00 264,200.00 641,000.00
2016-12-31 65,706.00 341,761.00 640,365.00
2016-09-30 64,600.00 240,900.00 655,100.00
2016-06-30 62,013.00 405,585.00 684,909.00
2016-03-31 62,700.00 258,200.00 636,300.00
2015-12-31 62,675.00 365,975.00 652,362.00
2015-09-30 61,500.00 269,300.00 615,000.00
2015-06-30 59,603.00 390,706.00 668,678.00
2015-03-31 61,000.00 277,600.00 687,400.00
2014-12-31 58,874.00 406,847.00 628,734.00
2014-09-30 57,700.00 251,500.00 582,200.00
2014-06-30 55,995.00 378,168.00 628,272.00
2014-03-31 54,100.00 246,800.00 621,300.00
2013-12-31 53,970.00 371,985.00 494,162.00
2013-09-30 54,900.00 256,400.00 572,100.00
2013-06-30 53,296.00 415,920.00 607,169.00
2013-03-31 53,900.00 285,100.00 551,500.00
2012-12-31 53,551.00 444,499.00 530,863.00
2012-09-30 53,400.00 298,100.00 578,700.00
2012-06-30 52,883.00 457,700.00 591,016.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Société Générale Société anonyme has an acceptable proportion of non-loan assets held.
  • Société Générale Société anonyme's liabilities are made up of primarily higher risk sources of funding.
  • Loans at Société Générale Société anonyme are broadly funded by customer deposits.
  • Société Générale Société anonyme's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Société Générale Société anonyme has a low allowance for bad loans.
  • Société Générale Société anonyme has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Société Générale Société anonyme's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Société Générale Société anonyme has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Société Générale Société anonyme's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.58%
Current annual income from Société Générale Société anonyme dividends. Estimated to be 7.63% next year.
If you bought €2,000 of Société Générale Société anonyme shares you are expected to receive €152 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Société Générale Société anonyme's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Société Générale Société anonyme's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.12%).
Upcoming dividend payment

Purchase Société Générale Société anonyme before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0J6Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0J6Y Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 2.20 1.00
2021-12-31 2.31 14.00
2020-12-31 2.20 16.00
2019-12-31 2.15 17.00
LSE:0J6Y Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-12 2.200 8.190
2019-02-07 2.200 8.621
2018-03-14 2.200 6.231
2018-02-08 2.200 4.797
2017-02-22 2.200 4.707
2016-02-11 2.000 5.717
2015-02-12 1.200 2.857
2014-02-18 1.000 2.530
2013-04-30 0.450 1.266
2012-11-08 0.000 0.000
2012-08-01 0.000 0.000
2012-05-03 0.000 0.000
2012-03-02 0.000 0.000
2012-02-17 0.000 0.000
2012-02-16 0.000 0.000
2011-02-16 1.750 6.835
2010-02-18 0.250 0.606
2009-04-20 1.200 2.663

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Société Générale Société anonyme's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess Société Générale Société anonyme's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Société Générale Société anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Société Générale Société anonyme has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Société Générale Société anonyme's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Frédéric Oudéa
COMPENSATION €3,005,561
AGE 55
TENURE AS CEO 10.9 years
CEO Bio

Mr. Frédéric Oudéa has been the Chief Executive Officer of Société Générale SA/Societe Generale Group since May 13, 2008. Mr. Oudéa has been the President of European Banking Federation since January 1, 2015. He serves as Chief Executive Officer at SG CIB Istanbul. He served as the President of Federation Bancaire Francaise until September 1, 2016. Mr. Oudéa served as a Member of the Management Board at Societe Generale Group since 2002. He served as Senior Executive Vice President of Societe Generale Group and its Deputy Chief Executive Officer from March 2008 to May 2008 and its Group Chief Financial Officer from 2003 to May 2008. He served as the Chief Executive Officer of Genfitec. He served as Deputy Chief Financial Officer of Société Générale Group since May 2002. He served as the Head of Global Supervisory and Development of Equities from 1998 to 2001. He served as Deputy Head of Corporate Banking arm in London, from 1995 to 1997. From 1987 to 1995, Mr. Oudéa occupied a number of posts in the French senior civil service (Audit department of the Ministry of Finance, Ministry of Economy and Finance, the Budget ministry and in the Cabinet of the Ministry of Treasury and Communication).He serves as the Chairman and Chief Executive Officer at Societe Generale Effekten GmbH. He served as the Chairman of Societe Generale Group from May 2009 to May 19, 2015. He served as the Chairman of Genfitec. He has been a Director of Société Générale SA since May 6, 2009. He serves as a Director of Genebanque, genefinance, salvepar. He served as a Director of Boursorama since November 29, 2002. He served as chairman of the French banking association FBF. He has been a Director of Cap Gemini SE since May 23, 2018. Mr. Oudéa is a Graduate of the Ecole Polytechnique and Ecole Nationale d'Administration.

CEO Compensation
  • Frédéric's compensation has been consistent with company performance over the past year.
  • Frédéric's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Société Générale Société anonyme management team in years:

2.4
Average Tenure
55
Average Age
  • The tenure for the Société Générale Société anonyme management team is about average.
Management Team

Frédéric Oudéa

TITLE
CEO & Director
COMPENSATION
€3M
AGE
55
TENURE
10.9 yrs

Diony Lebot

TITLE
Deputy Chief Executive Officer
COMPENSATION
€2M
AGE
56
TENURE
2.8 yrs

Séverin Cabannes

TITLE
Deputy Chief Executive Officer
COMPENSATION
€2M
AGE
60
TENURE
10.9 yrs

Philippe Aymerich

TITLE
Deputy Chief Executive Officer
COMPENSATION
€2M
AGE
53
TENURE
0.9 yrs

Philippe Heim

TITLE
Deputy Chief Executive Officer
COMPENSATION
€2M
AGE
50
TENURE
0.9 yrs

William Kadouch-Chassaing

TITLE
Group Chief Financial Officer
TENURE
0.9 yrs

Carlos Gonçalves

TITLE
Head of Global Technology Services
TENURE
2.4 yrs

Delphine Garcin-Meunier

TITLE
Head of Investor Relations and Financial Communication

Edouard-Malo Henry

TITLE
Group Head of Compliance
TENURE
1.8 yrs

Dominique Bourrinet

TITLE
Group General Counsel
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the Société Générale Société anonyme board of directors in years:

5.9
Average Tenure
61.5
Average Age
  • The tenure for the Société Générale Société anonyme board of directors is about average.
Board of Directors

Lorenzo Bini Smaghi

TITLE
Chairman of the Board
COMPENSATION
€949K
AGE
62
TENURE
3.9 yrs

Frédéric Oudéa

TITLE
CEO & Director
COMPENSATION
€3M
AGE
55
TENURE
9.9 yrs

Marc Vienot

TITLE
Honorary Chairman of the Board
COMPENSATION
€7K
AGE
90

Albert Le Dirac'h

TITLE
Group Country Head of Czech Republic & Slovakia
AGE
64
TENURE
5.7 yrs

Ilya Polyakov

TITLE
CEO & Chairman of Rosbank‘s Management Board
AGE
39
TENURE
1 yrs

Nathalie Rachou

TITLE
Independent Director
COMPENSATION
€274K
AGE
61
TENURE
11.3 yrs

Jean-Bernard Lévy

TITLE
Independent Director
COMPENSATION
€134K
AGE
63
TENURE
9.9 yrs

Alexandra Elisabeth Johanna Schaapveld

TITLE
Independent Director
COMPENSATION
€248K
AGE
60
TENURE
5.9 yrs

Gérard Mestrallet

TITLE
Independent Director
COMPENSATION
€134K
AGE
69
TENURE
3.9 yrs

France Houssaye

TITLE
Employee Representative Director
COMPENSATION
€150K
AGE
51
TENURE
10.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Société Générale Société anonyme's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Société Générale Société anonyme has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Société Générale Société anonyme provides financial services in Europe and internationally. Its primary businesses include French retail banking; international retail banking, insurance, and financial services; and global banking and investor solutions. The company offers retail banking services to individual customers, professionals, and businesses and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama Banque brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa. It also provides life, retirement savings scheme, personal protection, group retirement, dependence, annuity, auto and home, personal accident, school, and other insurance products; vehicle leasing and fleet management services; and vendor and equipment finance services. In addition, the company assists corporates, financial institutions, public sector institutions, and family offices in terms of investments, strategic advisory, capital raising, and capital structure optimization; and offers structured finance, and investment and risk management solutions. Further, it provides access to market through solutions equities, fixed income and currencies, commodities, and alternative investments; private banking services, including asset allocation, portfolio management, funds, markets, and wealth management solutions to high net worth individuals; and asset management solutions. Additionally, the company offers securities services, such as clearing, custody and trustee, liquidity management, fund administration and asset servicing, fund distribution, and global issuer services. Société Générale Société anonyme was founded in 1864 and is headquartered in Paris, France.

Details
Name: Société Générale Société anonyme
0J6Y
Exchange: LSE
Founded: 1864
€23,268,354,151
801,942,242
Website: http://www.societegenerale.com
Address: Société Générale Société anonyme
29, boulevard Haussmann,
Paris,
Ile-de-France, 75009,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA GLE Common Stock Euronext Paris FR EUR 02. Jan 1992
DB SGE Common Stock Deutsche Boerse AG DE EUR 02. Jan 1992
XTRA SGE Common Stock XETRA Trading Platform DE EUR 02. Jan 1992
LSE 0J6Y Common Stock London Stock Exchange GB EUR 02. Jan 1992
SWX GLE Common Stock SIX Swiss Exchange CH CHF 02. Jan 1992
BIT GLE Common Stock Borsa Italiana IT EUR 02. Jan 1992
WBAG GLE Common Stock Wiener Boerse AG AT EUR 02. Jan 1992
BMV GLE N Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1992
BATS-CHIXE GLEP Common Stock BATS 'Chi-X Europe' GB EUR 02. Jan 1992
OTCPK SCGL.F ACT A Pink Sheets LLC US USD 07. Jul 2003
OTCPK SCGL.Y SPON ADR-EACH 5 CNV INTO 1 ORD EUR1.25 Pink Sheets LLC US USD 11. Aug 1993
DB SGE1 SPON ADR-EACH 5 CNV INTO 1 ORD EUR1.25 Deutsche Boerse AG DE EUR 11. Aug 1993
Number of employees
Current staff
Staff numbers
140,250
Société Générale Société anonyme employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:01
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.