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 18,626 - -
Change - -12.82% 22.98% -16.69% 57.49% 9.94% - -
Enterprise Value (EV) 1 12,986 17,941 19,165 16,824 21,147 23,210 22,200 21,168
Change - 38.16% 6.82% -12.21% 25.69% 9.76% -4.35% -4.65%
P/E 10.7x 11x 12.3x 10.2x 14.9x 15x 12.7x 11.1x
PBR 1.08x - 1.03x 0.85x - 1.38x 1.34x 1.28x
PEG - -0.8x 1.43x 9.42x 2.32x 1.9x 0.7x 0.8x
Capitalization / Revenue 0.32x 0.24x 0.23x 0.19x 0.3x 0.33x 0.32x 0.31x
EV / Revenue 0.35x 0.4x 0.34x 0.3x 0.37x 0.41x 0.38x 0.36x
EV / EBITDA 3.54x 4.56x 4.22x 3.55x 4.13x 4.49x 4.04x 3.67x
EV / EBIT 7.67x 9.14x 8.3x 6.9x 8.28x 9.13x 7.95x 6.95x
EV / FCF 11.5x - 5.88x 6.32x 7.09x 16.6x 11.7x 9.88x
FCF Yield 8.7% - 17% 15.8% 14.1% 6.04% 8.55% 10.1%
Dividend per Share 2 1.8 - 1.9 2 - 2.152 2.19 2.241
Rate of return 5.72% - 5.57% 7.01% - 4.45% 4.53% 4.64%
EPS 2 2.95 2.55 2.77 2.8 2.98 3.215 3.814 4.337
Distribution rate 61% - 68.6% 71.4% - 66.9% 57.4% 51.7%
Net sales 1 37,589 44,322 56,017 56,752 56,877 56,913 58,134 59,371
EBITDA 1 3,667 3,936 4,545 4,737 5,124 5,169 5,489 5,770
EBIT 1 1,693 1,962 2,308 2,438 2,555 2,542 2,792 3,045
Net income 1 1,125 973 1,040 1,058 1,138 1,235 1,474 1,672
Net Debt 1 941 7,440 6,251 6,066 4,204 4,584 3,574 2,542
Reference price 2 31.49 28.04 34.12 28.54 44.35 48.33 48.33 48.33
Nbr of stocks (in thousands) 382,487 374,485 378,482 376,949 382,019 385,391 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
69.02x2.98x29.09x0.07% 100B
14.12x1.12x6.17x4.15% 77.54B
40.36x5.01x27.82x0.17% 61.2B
26.67x2.03x19.67x1.17% 58.18B
59.33x4.91x31.48x1.46% 49.62B
36.53x0.86x14.53x1.74% 43.03B
30.01x0.58x9.15x2.02% 37.77B
26.53x1.72x16.57x0.18% 34.43B
4.59x0.29x6.23x6.18% 27.27B
Average 34.13x 2.17x 17.86x 1.91% 54.37B
Weighted average by Cap. 38.27x 2.41x 19.45x 1.65%

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