Company Valuation: VINCI SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 52,759 52,578 64,905 56,163 66,842 59,182 - -
Change - -0.34% 23.45% -13.47% 19.01% -11.46% - -
Enterprise Value (EV) 1 72,025 71,114 81,031 76,578 85,917 77,945 76,395 75,260
Change - -1.26% 13.95% -5.5% 12.2% -9.28% -1.99% -1.49%
P/E 20.6x 12.5x 13.9x 11.8x 13.9x 11.8x 10.7x 10.1x
PBR 2.38x 2.05x 2.3x 1.92x 2.27x 1.81x 1.7x 1.6x
PEG - 0.2x 1.46x 3.86x 5.33x 2.34x 1.08x 1.64x
Capitalization / Revenue 1.07x 0.85x 0.94x 0.78x 0.9x 0.77x 0.75x 0.72x
EV / Revenue 1.46x 1.15x 1.18x 1.07x 1.15x 1.02x 0.97x 0.92x
EV / EBITDA 9.14x 6.96x 6.77x 6.03x 6.36x 5.57x 5.25x 4.96x
EV / EBIT 15.2x 10.4x 9.7x 8.51x 8.99x 7.9x 7.4x 6.97x
EV / FCF 13.6x 17.2x 12.2x 11.2x 11.2x 14.2x 14x 13.3x
FCF Yield 7.33% 5.83% 8.18% 8.89% 8.96% 7.04% 7.16% 7.54%
Dividend per Share 2 2.9 4 4.5 4.75 5 5.31 5.818 6.296
Rate of return 3.12% 4.29% 3.96% 4.76% 4.16% 4.97% 5.45% 5.9%
EPS 2 4.51 7.47 8.18 8.43 8.65 9.085 9.984 10.6
Distribution rate 64.3% 53.5% 55% 56.3% 57.8% 58.4% 58.3% 59.4%
Net sales 1 49,396 61,675 68,838 71,623 74,599 76,606 79,131 81,710
EBITDA 1 7,884 10,215 11,964 12,689 13,507 13,987 14,553 15,172
EBIT 1 4,723 6,824 8,357 8,997 9,558 9,864 10,328 10,796
Net income 1 2,597 4,259 4,702 4,863 4,903 5,178 5,700 6,049
Net Debt 1 19,266 18,536 16,126 20,415 19,075 18,763 17,213 16,077
Reference price 2 92.91 93.29 113.70 99.74 120.05 106.80 106.80 106.80
Nbr of stocks (in thousands) 567,846 563,597 570,844 563,091 556,784 554,143 - -
Announcement Date 2/4/22 2/9/23 2/7/24 2/6/25 2/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
58.37x2.69x25.68x0.06% 102B
11.76x1.02x5.57x4.97% 66.61B
35.58x4.48x24.33x0.19% 60.72B
24.84x1.93x18.95x1.19% 52.74B
49.38x3.96x25.08x1.96% 38.53B
24.02x1.64x15.14x0.19% 34.7B
27.92x0.7x11.55x2.21% 34.5B
22.53x0.44x7.03x2.74% 29.63B
5.01x0.31x5.98x5.63% 26.75B
Average 28.82x 1.91x 15.48x 2.13% 49.54B
Weighted average by Cap. 32.95x 2.18x 17.31x 1.8%

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