Company Valuation: Bouygues SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,045 10,501 12,914 10,758 16,943 16,067 - -
Change - -12.82% 22.98% -16.69% 57.49% -5.17% - -
Enterprise Value (EV) 1 12,986 17,941 19,165 16,824 21,147 20,592 19,598 18,685
Change - 38.16% 6.82% -12.21% 25.69% -2.62% -4.83% -4.66%
P/E 10.7x 11x 12.3x 10.2x 14.9x 12.9x 11x 9.61x
PBR 1.08x - 1.03x 0.85x - 1.16x 1.08x 1.07x
PEG - -0.8x 1.43x 9.42x 2.32x 1.5x 0.6x 0.7x
Capitalization / Revenue 0.32x 0.24x 0.23x 0.19x 0.3x 0.28x 0.28x 0.27x
EV / Revenue 0.35x 0.4x 0.34x 0.3x 0.37x 0.36x 0.34x 0.31x
EV / EBITDA 3.54x 4.56x 4.22x 3.55x 4.13x 4.01x 3.62x 3.24x
EV / EBIT 7.67x 9.14x 8.3x 6.9x 8.28x 7.9x 6.99x 6.12x
EV / FCF 11.5x - 5.88x 6.32x 7.09x 13.6x 10x 8.4x
FCF Yield 8.7% - 17% 15.8% 14.1% 7.33% 10% 11.9%
Dividend per Share 2 1.8 - 1.9 2 - 2.131 2.189 2.247
Rate of return 5.72% - 5.57% 7.01% - 5.12% 5.26% 5.4%
EPS 2 2.95 2.55 2.77 2.8 2.98 3.236 3.785 4.334
Distribution rate 61% - 68.6% 71.4% - 65.9% 57.8% 51.8%
Net sales 1 37,589 44,322 56,017 56,752 56,877 56,822 58,357 59,820
EBITDA 1 3,667 3,936 4,545 4,737 5,124 5,131 5,407 5,767
EBIT 1 1,693 1,962 2,308 2,438 2,555 2,608 2,803 3,051
Net income 1 1,125 973 1,040 1,058 1,138 1,241 1,456 1,668
Net Debt 1 941 7,440 6,251 6,066 4,204 4,525 3,531 2,618
Reference price 2 31.49 28.04 34.12 28.54 44.35 41.63 41.63 41.63
Nbr of stocks (in thousands) 382,487 374,485 378,482 376,949 382,019 385,957 - -
Announcement Date 2/24/22 2/23/23 2/27/24 3/6/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
55.44x2.56x24.44x0.07% 96.6B
11.77x1.02x5.58x4.96% 67.3B
34.05x4.28x23.25x0.2% 58.12B
25.23x1.95x19.22x1.17% 53.88B
49.42x3.97x25.09x1.96% 38.91B
23.03x1.57x14.49x0.2% 33.28B
26.55x0.67x10.98x2.32% 33.1B
21.6x0.42x6.71x2.86% 28.65B
5.01x0.31x5.98x5.63% 26.73B
Average 28.01x 1.86x 15.08x 2.15% 48.51B
Weighted average by Cap. 31.63x 2.11x 16.71x 1.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield