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 63,145 - -
Change - -0.34% 23.45% -13.47% 19.01% -5.53% - -
Enterprise Value (EV) 1 72,025 71,114 81,031 76,578 85,917 82,031 80,595 79,163
Change - -1.26% 13.95% -5.5% 12.2% -4.52% -1.75% -1.78%
P/E 20.6x 12.5x 13.9x 11.8x 13.9x 12.5x 11.3x 10.6x
PBR 2.38x 2.05x 2.3x 1.92x 2.27x 1.94x 1.82x 1.7x
PEG - 0.2x 1.46x 3.86x 5.33x 2.44x 1.1x 1.5x
Capitalization / Revenue 1.07x 0.85x 0.94x 0.78x 0.9x 0.82x 0.8x 0.77x
EV / Revenue 1.46x 1.15x 1.18x 1.07x 1.15x 1.07x 1.02x 0.97x
EV / EBITDA 9.14x 6.96x 6.77x 6.03x 6.36x 5.86x 5.54x 5.22x
EV / EBIT 15.2x 10.4x 9.7x 8.51x 8.99x 8.31x 7.8x 7.33x
EV / FCF 13.6x 17.2x 12.2x 11.2x 11.2x 15x 14.7x 13.9x
FCF Yield 7.33% 5.83% 8.18% 8.89% 8.96% 6.69% 6.79% 7.17%
Dividend per Share 2 2.9 4 4.5 4.75 5 5.316 5.821 6.362
Rate of return 3.12% 4.29% 3.96% 4.76% 4.16% 4.67% 5.11% 5.58%
EPS 2 4.51 7.47 8.18 8.43 8.65 9.093 10.04 10.75
Distribution rate 64.3% 53.5% 55% 56.3% 57.8% 58.5% 58% 59.2%
Net sales 1 49,396 61,675 68,838 71,623 74,599 76,583 79,097 81,662
EBITDA 1 7,884 10,215 11,964 12,689 13,507 13,994 14,557 15,176
EBIT 1 4,723 6,824 8,357 8,997 9,558 9,871 10,334 10,802
Net income 1 2,597 4,259 4,702 4,863 4,903 5,185 5,703 6,119
Net Debt 1 19,266 18,536 16,126 20,415 19,075 18,886 17,451 16,019
Reference price 2 92.91 93.29 113.70 99.74 120.05 113.95 113.95 113.95
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
54.5x2.49x23.81x0.07% 93.88B
12.53x1.07x5.86x4.66% 73.38B
26.65x2.05x20.11x1.15% 57.79B
33.15x4.16x22.6x0.2% 56.58B
52.51x4.16x26.45x1.74% 41.9B
29.61x0.73x12.08x2.09% 37.25B
23.02x1.57x14.49x0.2% 33.27B
23.85x0.49x7.69x2.48% 32.88B
5.08x0.31x5.83x5.79% 27.08B
Average 28.99x 1.89x 15.44x 2.04% 50.44B
Weighted average by Cap. 31.81x 2.08x 16.65x 1.81%

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