(DG) Vinci S.A. - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: PA (France) | Market Cap: 72.932m EUR | Total Return: 32.3% in 12m
Concessions, Energy, Construction
Total Rating 61
Safety 73
Buy Signal 0.72
Engineering & Construction
Industry Rotation: +8.0
Industry Rotation: +8.0
Market Cap:
85.0B
Avg Turnover: 121M EUR
Avg Turnover: 121M EUR
ATR:
2.50%
Peers RS (IBD): 22.1
Peers RS (IBD): 22.1
Risk 5d forecast
Volatility18.8%
Rel. Tail Risk-2.53%
Reward TTM
Sharpe Ratio0.95
Alpha21.71
Character TTM
Beta0.048
Beta Downside-0.124
Drawdowns 3y
Max DD15.85%
CAGR/Max DD0.70
Warnings
Altman Z'' 0.88 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: DG Vinci S.A.
Vinci S.A. (ticker DG) is a French multinational that operates across three core segments: Concessions (motorways, airports, railways, stadiums), Energy (industrial services, renewable-energy development, EPC projects) and Construction (general contracting, civil engineering, property development, nuclear engineering). Founded in 1899 and headquartered in Nanterre, the group leverages its integrated portfolio to capture long-term infrastructure contracts worldwide.
Key recent metrics underline its scale and growth drivers: FY 2023 revenue reached €58.1 bn, while the order backlog-an indicator of future cash flow-stood at roughly €90 bn, reflecting strong pipeline visibility. The Energy segment added 1.2 GW of renewable capacity in 2023, positioning Vinci to benefit from the EU’s Green Deal-driven push for solar and wind projects. Operating margin improved to 6.6% in 2023, supported by cost-control initiatives and higher concession toll revenues amid stabilising traffic volumes.
For a deeper dive into Vinci’s valuation metrics, check out ValueRay’s analyst toolkit.
- Airport traffic recovery boosts concession revenue
- Infrastructure project pipeline drives construction growth
- Energy transition projects increase Vinci Energies backlog
- Interest rate hikes impact financing costs for concessions
- Regulatory changes in environmental standards affect project costs
Piotroski VR‑10 (Strict)
8.0
| Net Income: 9.77b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 4.43 > 1.0 |
| NWC/Revenue: -5.88% < 20% (prev -3.99%; Δ -1.89% < -1%) |
| CFO/TA 0.18 > 3% & CFO 23.60b > Net Income 9.77b |
| Net Debt (20.44b) to EBITDA (25.05b): 0.82 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (566.7m) vs 12m ago -1.86% < -2% |
| Gross Margin: 16.47% > 18% (prev 0.14%; Δ 1.63k% > 0.5%) |
| Asset Turnover: 117.9% > 50% (prev 87.32%; Δ 30.56% > 0%) |
| Interest Coverage Ratio: 6.09 > 6 (EBITDA TTM 25.05b / Interest Expense TTM 2.89b) |
Altman Z''
0.88
| A: -0.07 (Total Current Assets 48.70b - Total Current Liabilities 57.42b) / Total Assets 133.06b |
| B: 0.04 (Retained Earnings 4.90b / Total Assets 133.06b) |
| C: 0.14 (EBIT TTM 17.62b / Avg Total Assets 125.81b) |
| D: 0.24 (Book Value of Equity 23.64b / Total Liabilities 98.74b) |
| Altman-Z'' Score: 0.88 = B |
Beneish M
-3.17
| DSRI: 0.75 (Receivables 20.03b/18.70b, Revenue 148.31b/103.53b) |
| GMI: 0.84 (GM 16.47% / 13.87%) |
| AQI: 1.01 (AQ_t 0.51 / AQ_t-1 0.50) |
| SGI: 1.43 (Revenue 148.31b / 103.53b) |
| TATA: -0.10 (NI 9.77b - CFO 23.60b) / TA 133.06b) |
| Beneish M-Score: -3.17 (Cap -4..+1) = AA |
What is the price of DG shares?
As of April 10, 2026, the stock is trading at EUR 136.90 with a total of 1,047,174 shares traded.
Over the past week, the price has changed by +4.03%, over one month by +7.50%, over three months by +13.14% and over the past year by +32.29%.
Over the past week, the price has changed by +4.03%, over one month by +7.50%, over three months by +13.14% and over the past year by +32.29%.
Is DG a buy, sell or hold?
Vinci S.A. has no consensus analysts rating.
What are the forecasts/targets for the DG price?
| Analysts Target Price | - | - |
Vinci S.A. (DG) - Fundamental Data Overview
as of 06 April 2026
Market Cap USD = 85.03b (72.93b EUR * 1.1659 EUR.USD)P/E Trailing = 15.2139
P/E Forward = 14.245
P/S = 0.9634
P/B = 2.3891
P/EG = 3.0287
Revenue TTM = 148.31b EUR
EBIT TTM = 17.62b EUR
EBITDA TTM = 25.05b EUR
Long Term Debt = 29.97b EUR (from longTermDebt, last quarter)
Short Term Debt = 5.61b EUR (from shortTermDebt, last quarter)
Debt = 37.69b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.44b EUR (from netDebt column, last quarter)
Enterprise Value = 92.13b EUR (72.93b + Debt 37.69b - CCE 18.50b)
Interest Coverage Ratio = 6.09 (Ebit TTM 17.62b / Interest Expense TTM 2.89b)
EV/FCF = 5.33x (Enterprise Value 92.13b / FCF TTM 17.29b)
FCF Yield = 18.77% (FCF TTM 17.29b / Enterprise Value 92.13b)
FCF Margin = 11.66% (FCF TTM 17.29b / Revenue TTM 148.31b)
Net Margin = 6.59% (Net Income TTM 9.77b / Revenue TTM 148.31b)
Gross Margin = 16.47% ((Revenue TTM 148.31b - Cost of Revenue TTM 123.89b) / Revenue TTM)
Gross Margin QoQ = 16.76% (prev 13.80%)
Tobins Q-Ratio = 0.69 (Enterprise Value 92.13b / Total Assets 133.06b)
Interest Expense / Debt = 2.12% (Interest Expense 800.0m / Debt 37.69b)
Taxrate = 30.62% (1.42b / 4.65b)
NOPAT = 12.23b (EBIT 17.62b * (1 - 30.62%))
Current Ratio = 0.85 (Total Current Assets 48.70b / Total Current Liabilities 57.42b)
Debt / Equity = 1.23 (Debt 37.69b / totalStockholderEquity, last quarter 30.75b)
Debt / EBITDA = 0.82 (Net Debt 20.44b / EBITDA 25.05b)
Debt / FCF = 1.18 (Net Debt 20.44b / FCF TTM 17.29b)
Total Stockholder Equity = 29.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.76% (Net Income 9.77b / Total Assets 133.06b)
RoE = 33.13% (Net Income TTM 9.77b / Total Stockholder Equity 29.48b)
RoCE = 29.65% (EBIT 17.62b / Capital Employed (Equity 29.48b + L.T.Debt 29.97b))
RoIC = 19.03% (NOPAT 12.23b / Invested Capital 64.25b)
WACC = 4.56% (E(72.93b)/V(110.62b) * Re(6.15%) + D(37.69b)/V(110.62b) * Rd(2.12%) * (1-Tc(0.31)))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -0.94%
[DCF] Terminal Value 88.44% ; FCFF base≈14.44b ; Y1≈17.81b ; Y5≈30.38b
[DCF] Fair Price = 1.55k (EV 881.40b - Net Debt 20.44b = Equity 860.97b / Shares 554.1m; r=6.0% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -10.18 | EPS CAGR: -46.81% | SUE: 0.0 | # QB: 0
Revenue Correlation: 70.14 | Revenue CAGR: 22.49% | SUE: 0.10 | # QB: 0
EPS current Year (2026-12-31): EPS=9.30 | Chg7d=-0.007 | Chg30d=+0.015 | Revisions Net=-1 | Growth EPS=+7.0% | Growth Revenue=+3.2%
EPS next Year (2027-12-31): EPS=10.20 | Chg7d=-0.002 | Chg30d=-0.002 | Revisions Net=+1 | Growth EPS=+9.7% | Growth Revenue=+2.9%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 1.4% (Discount Rate 7.9% - Earnings Yield 6.6%)
[Growth] Growth Spread = +1.5% (Analyst 2.9% - Implied 1.4%)