Want to see FR:DG full AI Analyst Report?
Top Page
Vinci SA
(DG)
Select Model
Select Model
Rating:74Outperform
Price Target:
€141.00
▲(19.14% Upside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by solid financial performance (consistent revenue growth and strong cash generation), tempered by elevated leverage and reduced 2025 metric visibility. Technicals are supportive with the stock in an uptrend, though near-overbought signals cap upside. Valuation adds support via a moderate P/E and a strong dividend yield.
Positive Factors
Recurring concession cash flows
Vinci’s concessions arm generates long‑dated, user‑pay cash flows (motorway tolls, airport fees and commercial revenues). These contractually backed, asset‑based incomes provide durable revenue visibility and steady cash to fund operations, capex and distributions across cycles.
Negative Factors
Elevated leverage
Meaningful and rising gross indebtedness limits balance sheet flexibility and raises refinancing and interest expense risk if conditions tighten. High leverage reduces ability to absorb project overruns, slows optional investment and increases sensitivity to traffic or contract slowdowns.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring concession cash flows
Vinci’s concessions arm generates long‑dated, user‑pay cash flows (motorway tolls, airport fees and commercial revenues). These contractually backed, asset‑based incomes provide durable revenue visibility and steady cash to fund operations, capex and distributions across cycles.
Read all positive factors
Vinci SA (DG) vs. iShares MSCI France ETF (EWQ)
Market Cap
€70.09B
Dividend Yield4.06%
Average Volume (3M)841.63K
Price to Earnings (P/E)13.6
Beta (1Y)0.96
Revenue Growth3.81%
EPS Growth8.38%
CountryFR
Employees292,101
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)9.08
Shares Outstanding587,033,600
10 Day Avg. Volume986,154
30 Day Avg. Volume841,632
Financial Highlights & Ratios
PEG Ratio5.08
Price to Book (P/B)2.19
Price to Sales (P/S)0.89
P/FCF Ratio8.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€146.21Price Target Upside23.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)9.22
Revenue Forecast (FY)€76.51B
Vinci SA Business Overview & Revenue Model
Company Description
Vinci S.A., founded in 1899 and based in Nanterre, France, operates primarily within the concessions, energy, and construction sectors. While its roots are deeply in France, the company also maintains an extensive international presence. In its Co...
How the Company Makes Money
Vinci makes money through a mix of (1) recurring, long-term concession revenues and (2) project- and service-based contracting revenues.
1) Concessions (long-term, recurring cash flows)
- Toll motorways: Vinci earns revenue primarily from tolls p...
Vinci SA Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.21B | 75.37B | 72.77B | 69.89B | 62.51B | 50.23B |
| Gross Profit | 11.29B | 11.00B | 42.34B | 9.65B | 8.05B | 6.81B |
| EBITDA | 13.66B | 12.98B | 12.78B | 11.99B | 10.54B | 7.79B |
| Net Income | 5.08B | 4.90B | 4.86B | 4.70B | 4.26B | 2.60B |
Balance Sheet | ||||||
| Total Assets | 134.87B | 133.06B | 129.49B | 118.56B | 111.99B | 100.82B |
| Cash, Cash Equivalents and Short-Term Investments | 15.56B | 18.50B | 16.17B | 16.17B | 13.33B | 11.27B |
| Total Debt | 40.10B | 37.69B | 36.26B | 31.42B | 31.02B | 33.77B |
| Total Liabilities | 100.62B | 98.74B | 95.46B | 86.52B | 82.58B | 76.05B |
| Stockholders Equity | 30.59B | 30.75B | 29.95B | 28.11B | 25.94B | 22.88B |
Cash Flow | ||||||
| Free Cash Flow | 8.28B | 8.01B | 7.66B | 7.21B | 5.89B | 5.74B |
| Operating Cash Flow | 12.15B | 11.89B | 11.71B | 10.54B | 9.39B | 7.81B |
| Investing Cash Flow | -4.95B | -5.26B | -9.05B | -3.98B | -5.30B | -5.80B |
| Financing Cash Flow | -7.25B | -4.27B | -3.03B | -3.43B | -2.78B | -3.26B |
Vinci SA Technical Analysis
Positive
118.35
Price Trends
123.87
Positive
125.54
Negative
122.85
Positive
Market Momentum
0.68
Negative
54.41
Neutral
77.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:DG, the sentiment is Positive. The current price of 118.35 is below the 20-day moving average (MA) of 121.25, below the 50-day MA of 123.87, and below the 200-day MA of 122.85, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 54.41 is Neutral, neither overbought nor oversold. The STOCH value of 77.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:DG.
Vinci SA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €70.09B | 13.58 | 16.52% | 4.22% | 3.81% | 8.38% | |
67 Neutral | €11.86B | 11.04 | 14.15% | 3.93% | 8.75% | -2.33% | |
63 Neutral | €18.64B | 14.50 | 9.47% | 4.47% | -1.41% | 17.79% | |
59 Neutral | €647.31M | 86.47 | 2.60% | 4.77% | 7.41% | -9.10% | |
57 Neutral | €7.92B | 47.28 | 8.70% | 2.23% | 3.06% | 47.94% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €25.30B | 20.58 | 13.90% | 4.10% | -0.13% | 12.40% |
* General Sector Average
FR:DG
Vinci SA
123.30
1.45
1.19%
FR:ASY
Assystem
44.10
-2.76
-5.90%
FR:EN
Bouygues
47.40
10.42
28.17%
FR:FGR
Eiffage
121.50
1.96
1.64%
FR:SPIE
SPIE SA
47.28
-5.50
-10.43%
FR:VIE
Veolia Environnement
34.41
5.78
20.20%
Vinci SA Corporate Events
Vinci Updates Share Capital and Voting Rights Structure as of July 2026
Aug 4, 2026
Vinci SA reported that its share capital consisted of 587,033,654 shares as of 31 July 2026, with an equal theoretical number of voting rights including treasury stock. Excluding treasury shares, the company had 554,842,442 exercisable voting righ...
VINCI Launches €300 Million Share Buyback Mandate
Jul 31, 2026
VINCI has moved to implement its previously approved share buyback programme by signing a share purchase agreement with an investment services provider on 31 July 2026. The mandate, effective from 3 August to 3 September 2026 at the latest, author...
VINCI files 2026 half-year financial report with AMF
Jul 30, 2026
VINCI has published its half-year financial report for the period ended 30 June 2026 and filed it with the French market regulator, the Autorité des marchés financiers. The document, available in both French and English on the company...
VINCI Delivers Strong H1 2026 Results on Energy Solutions and Global Concessions
Jul 29, 2026
VINCI reported robust first-half 2026 results, with revenue up 2.1% to €35.6 billion and Ebitda rising 4.5%, driven mainly by strong momentum in its Energy Solutions division and resilient concessions. Earnings per share climbed 10.8%, free ...
Vinci repurchases 285,000 shares under ongoing buyback program
Jul 28, 2026
Vinci SA disclosed that it repurchased 284,945 of its own shares on Euronext Paris between July 20 and July 24, 2026, under the share buyback authorization granted by its April 14, 2026 general meeting. The shares were acquired at a daily weighted...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.