(BVI) Bureau Veritas - Ratings and Ratios

Bureau Veritas SA is a global leader in testing, inspection, and certification (TIC) services, operating across six key segments: Marine & Offshore, Agri-Food & Commodities, Industry, Buildings & Infrastructure, Certification, and Consumer Products. The companys comprehensive range of services includes inspecting, analyzing, auditing, and certifying products, assets, and management systems against regulatory or self-imposed standards, as well as providing compliance reports. With a presence in approximately 140 countries, Bureau Veritas serves a diverse range of industries, including construction, oil and gas, automotive, aerospace, and consumer products, among others.

The companys expertise spans technical services for marine and offshore, inspection and testing for agri-food and commodities, and certification services for management systems, products, and people. Bureau Veritas global network of offices and laboratories enables it to provide localized support while leveraging international expertise. With a history dating back to 1828, the company has established itself as a trusted partner for businesses seeking to ensure quality, safety, and compliance.

From a technical analysis perspective, Bureau Veritas stock price has been trending upwards, with the short-term SMA20 (29.89) above the long-term SMA200 (29.17), indicating a potential bullish momentum. The Average True Range (ATR) of 0.42 (1.41%) suggests moderate volatility. Given the current price of 30.02, a potential target could be the 52-week high of 31.30, representing a 4.3% upside.

Fundamentally, Bureau Veritas market capitalization stands at 13.496 billion EUR, with a P/E ratio of 23.94 and a forward P/E of 20.37, indicating a relatively stable valuation. The companys Return on Equity (RoE) of 59.36% is notably high, suggesting strong profitability. Combining technical and fundamental insights, a forecast for Bureau Veritas could be a continued upward trend, driven by the companys solid financials and growing demand for TIC services. A potential price target could be 32.50, representing a 8.3% upside from current levels, driven by the companys strong RoE and expanding global presence.