Vinci SA (DG) AI Stock Analysis

• Market Cap: €66.35B
• Dividend Yield: 4%
• Average Volume (3M): 887.59K
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.90
• Revenue Growth: 3.21%
• EPS Growth: 4.24%
• Country: FR
• Employees: 282,481
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): 3.34
• Shares Outstanding: 582,866,760
• 10 Day Avg. Volume: 816,981
• 30 Day Avg. Volume: 887,585
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €138.25
• Price Target Upside: 16.42% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

• Rating: 68 Neutral
• Price Target: €129.00 ▲(8.63%Upside)

Vinci SA's overall stock score reflects strong financial performance and reasonable valuation, but is tempered by bearish technical indicators. The company's robust financial metrics support future growth, yet current market conditions suggest caution. The lack of recent earnings call insights or notable corporate events means the score is primarily based on financials and valuation, which are favorable, while technical indicators currently show weakness.

Positive Factors

Cash Generation

Its cash generation surprised on the upside for the third consecutive year, given a strong EBITDA performance and cash collection.

Financial Performance

Vinci published a consensus-beating set of FY-24 results driven by strong Cobra IS activity and a solid Vinci Airports margin.

Negative Factors

Tax Impact

The French tax appears to be the only negative here, but the impact seems to be less bad than previously expected.

Vinci SA Business Overview & Revenue Model

Company Description

VINCI SA, together with its subsidiaries, operates in the concessions, energy, and construction segments primarily in France. It Concessions segment operates motorway concessions with a network of 4,419 kilometers in France; 45 airports; 4,437 kilometers of motorways; highways, railways, and 4 stadiums, as well as operates airports in France and in 11 other countries. The company's Energy segment provides services to the manufacturing, infrastructure, facilities management, and information and communication technology sectors; engineering, procurement, and construction services in the energy sector, and manufacturing and energy-related services; and renewable energy concession projects development services. Its Construction segments engages in designing and carrying out projects that involve general contractor capabilities; works related to geotechnical and structural engineering, digital technology, nuclear or renewable thermal energy; and focuses on business area, such as buildings, civil engineering, infrastructure, and in a specific geographical area. The company also provides property development services for residential and commercial properties; and property services, as well as operates managed residences. It also operates in Germany, the United Kingdom, Albania, Belarus, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine, Portugal, North America, Central and South America, Africa, Russia, the Asia-Pacific, the Middle East, and other European countries. The company was founded in 1899 and is headquartered in Nanterre, France.

How the Company Makes Money

Vinci SA generates revenue through a diverse range of activities primarily categorized into construction, concessions, and energy services. In the construction segment, which includes Vinci Construction, Eurovia, and Vinci Energies, the company earns income by undertaking large-scale building and civil engineering projects, roadworks, and energy and information technology services. The concessions segment, managed by Vinci Autoroutes and Vinci Airports, provides a steady stream of income through the operation and management of toll roads and airports, benefiting from long-term contracts and concessions agreements. Additionally, Vinci's energy services segment delivers revenue through designing, implementing, and maintaining energy-efficient solutions and systems. Strategic partnerships and acquisitions further enhance Vinci's capabilities and market reach, contributing to its overall earnings.

Vinci SA Financial Statement Overview

Summary

Vinci SA demonstrates strong financial performance with consistent revenue growth, solid profitability, and effective cash management. The company shows robust income statement metrics, a solid balance sheet with moderate leverage, and strong cash flow generation, positioning it well within the construction industry.

Income Statement

Vinci SA has shown strong revenue growth with a 4.12% increase from 2023 to 2024, following a consistent upward trajectory over the years. The gross profit margin for 2024 is robust at 58.18%, and the net profit margin is healthy at 6.68%. Additionally, EBIT and EBITDA margins are strong at 12.07% and 17.57%, respectively, reflecting efficient operational management. Overall, the income statement indicates a well-performing and profitable construction company.

Balance Sheet

The balance sheet of Vinci SA demonstrates a solid financial position with a debt-to-equity ratio of 1.21, indicating moderate leverage. The return on equity is favorable at 16.24%, showing effective use of equity to generate profits. The equity ratio is 23.12%, suggesting a balanced distribution between debt and equity in the company's capital structure. While the leverage is manageable, continued focus on reducing debt could enhance financial stability.

Cash Flow

Vinci SA’s cash flow statement highlights a substantial free cash flow growth rate of 6.29% from 2023 to 2024, with a strong operating cash flow to net income ratio of 2.41, indicating efficient cash generation from operations. The free cash flow to net income ratio stands at 1.58, suggesting the company effectively converts its earnings into cash. Overall, the cash flow position is strong, supporting potential investments and debt servicing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	72.77B	69.89B	62.51B	50.23B	44.12B
Gross Profit	42.34B	9.65B	8.05B	6.81B	4.84B
EBITDA	12.78B	11.81B	10.54B	7.72B	5.88B
Net Income	4.86B	4.70B	4.26B	2.60B	1.24B
Balance Sheet
Total Assets	129.49B	118.56B	111.99B	100.82B	91.17B
Cash, Cash Equivalents and Short-Term Investments	16.09B	16.17B	13.33B	11.27B	11.90B
Total Debt	36.26B	31.42B	31.02B	32.84B	32.50B
Total Liabilities	95.46B	86.52B	82.58B	76.05B	67.99B
Stockholders Equity	29.95B	28.11B	25.94B	22.88B	21.01B
Cash Flow
Free Cash Flow	7.66B	7.21B	5.89B	5.74B	4.51B
Operating Cash Flow	11.71B	10.54B	9.39B	7.81B	6.67B
Investing Cash Flow	-9.05B	-3.98B	-5.30B	-5.80B	-2.57B
Financing Cash Flow	-3.03B	-3.43B	-2.78B	-3.26B	-42.00M

Vinci SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 118.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:DG, the sentiment is Negative. The current price of 118.75 is below the 20-day moving average (MA) of 124.21, below the 50-day MA of 124.90, and above the 200-day MA of 110.91, indicating a neutral trend. The MACD of -0.70 indicates Positive momentum. The RSI at 34.48 is Neutral, neither overbought nor oversold. The STOCH value of 23.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:DG.

Vinci SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DG	68 Neutral	€66.35B	14.17	16.66%	4.00%	3.21%	4.24%
Sector *	63 Neutral	C$7.32B	2.18	8.72%	2.40%	10.51%	-11.28%
0OA7	―	€695.97M	84.64	2.13%	2.06%	―	―
0HAN	―	€13.79B	13.06	8.75%	5.24%	―	―
0NPT	―	€11.21B	10.45	15.80%	4.00%	―	―
0NQF	―	€9.32B	12.39	-46.54%	6.39%	―	―
0R8M	―	€8.42B	41.45	10.66%	2.03%	―	―