Financials Eiffage S.A.

Equities

FGR

FR0000130452

Construction & Engineering

Market Closed - Euronext Paris 11:35:26 2024-04-26 am EDT 5-day change 1st Jan Change
100.6 EUR +1.18% Intraday chart for Eiffage S.A. +1.85% +3.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,934 7,840 8,977 8,763 9,358 9,463 - -
Enterprise Value (EV) 1 21,218 18,941 19,431 18,929 9,358 19,046 18,136 17,050
P/E ratio 13.6 x 20.6 x 11.3 x 9.72 x 9.11 x 9.39 x 8.9 x 8.3 x
Yield 2.75% 3.8% 3.43% 3.92% - 4.18% 4.49% 4.7%
Capitalization / Revenue 0.55 x 0.47 x 0.47 x 0.42 x 0.43 x 0.42 x 0.4 x 0.39 x
EV / Revenue 1.17 x 1.14 x 1.01 x 0.92 x 0.43 x 0.84 x 0.77 x 0.7 x
EV / EBITDA 6.97 x 7.71 x 6.12 x 5.43 x 2.45 x 5.06 x 4.64 x 4.16 x
EV / FCF 14.1 x 14.9 x 11.5 x 9.81 x - 10.9 x 9.71 x 8.15 x
FCF Yield 7.07% 6.71% 8.73% 10.2% - 9.13% 10.3% 12.3%
Price to Book 1.9 x 1.44 x 1.59 x 1.46 x - 1.34 x 1.21 x 1.12 x
Nbr of stocks (in thousands) 97,387 99,187 99,237 95,337 96,454 94,018 - -
Reference price 2 102.0 79.04 90.46 91.92 97.02 100.6 100.6 100.6
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,143 16,659 19,197 20,687 21,832 22,787 23,403 24,249
EBITDA 1 3,046 2,458 3,177 3,484 3,815 3,766 3,907 4,101
EBIT 1 2,005 1,263 1,919 2,212 2,403 2,408 2,542 2,647
Operating Margin 11.05% 7.58% 10% 10.69% 11.01% 10.57% 10.86% 10.91%
Earnings before Tax (EBT) 1 1,673 944 1,613 1,846 2,076 2,068 2,178 2,280
Net income 1 725 375 777 896 1,013 1,030 1,091 1,172
Net margin 4% 2.25% 4.05% 4.33% 4.64% 4.52% 4.66% 4.83%
EPS 2 7.480 3.830 7.980 9.460 10.65 10.71 11.31 12.12
Free Cash Flow 1 1,500 1,271 1,696 1,929 - 1,740 1,868 2,092
FCF margin 8.27% 7.63% 8.83% 9.32% - 7.63% 7.98% 8.63%
FCF Conversion (EBITDA) 49.24% 51.71% 53.38% 55.37% - 46.19% 47.82% 51.01%
FCF Conversion (Net income) 206.9% 338.93% 218.28% 215.29% - 168.96% 171.23% 178.48%
Dividend per Share 2 2.800 3.000 3.100 3.600 - 4.204 4.521 4.734
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2
Net sales 1 9,608 6,918 9,741 8,700 4,800 5,700 10,265 5,079 9,452 5,175 6,060 11,235 5,485 10,656 5,462 5,939 11,401
EBITDA - - - - - - - - - - - - - - - - 2,142
EBIT 1,169 262 1,001 679 - - 1,240 - 925 - - 1,287 - 1,009 - - 1,394
Operating Margin 12.17% 3.79% 10.28% 7.8% - - 12.08% - 9.79% - - 11.46% - 9.47% - - 12.23%
Earnings before Tax (EBT) 980 120 - 556 - - 1,057 - 789 - - 1,057 - 852 - - 1,224
Net income 435 -8 383 260 - - 517 - 354 - - 542 - 392 - - 621
Net margin 4.53% -0.12% 3.93% 2.99% - - 5.04% - 3.75% - - 4.82% - 3.68% - - 5.45%
EPS - - - - - - - - - - - - - 4.070 - - -
Dividend per Share - - - - - - - - - - - - - - - - -
Announcement Date 2/26/20 8/26/20 2/24/21 8/25/21 11/23/21 2/23/22 2/23/22 8/31/22 8/31/22 11/3/22 2/22/23 2/22/23 8/30/23 8/30/23 11/8/23 2/28/24 2/28/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 11,284 11,101 10,454 10,166 - 9,583 8,673 7,587
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.705 x 4.516 x 3.291 x 2.918 x - 2.544 x 2.22 x 1.85 x
Free Cash Flow 1 1,500 1,271 1,696 1,929 - 1,740 1,868 2,092
ROE (net income / shareholders' equity) 14.5% 7.1% 14.3% 15.3% - 15.2% 14.3% 13.7%
ROA (Net income/ Total Assets) 2.29% 1.13% 2.3% 2.56% - 2.9% 3.2% 3.3%
Assets 1 31,623 33,186 33,753 34,986 - 35,503 34,099 35,518
Book Value Per Share 2 53.70 54.70 56.80 63.00 - 74.90 82.90 90.20
Cash Flow per Share 2 22.90 22.50 28.10 31.10 - 29.70 30.60 -
Capex 1 724 933 1,044 1,021 - 1,112 1,123 1,163
Capex / Sales 3.99% 5.6% 5.44% 4.94% - 4.88% 4.8% 4.8%
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
100.6 EUR
Average target price
126.3 EUR
Spread / Average Target
+25.46%
Consensus

Quarterly revenue - Rate of surprise

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