(DG) Vinci S.A. - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: PA (France) | Market Cap: 68.451m EUR | Total Return: -3.8% in 12m
Avg Turnover: 99.5M
Warnings
Altman Z'' 0.48 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Vinci S.A. (DG) is a global infrastructure and concessions leader headquartered in France. The company operates through three primary divisions: Concessions, Energy Solutions, and Construction. Its portfolio includes the management of motorways, airports, and stadiums, alongside large-scale civil engineering projects such as rail, road, and nuclear infrastructure.
The business model relies heavily on long-term concession contracts, which typically provide stable, inflation-linked cash flows from user fees over several decades. In the construction and energy sectors, Vinci functions as a diversified general contractor, increasingly focusing on renewable energy assets, including solar and wind farm development.
The global construction and engineering sector is currently undergoing a transition toward decarbonization, prompting firms like Vinci to integrate energy-efficient building solutions and green infrastructure into their service offerings. For a deeper look into the companys financial health, consider exploring the data on ValueRay.
- French motorway traffic volume and toll price adjustments drive recurring cash flow
- Global airport passenger recovery and expansion boost high-margin concession revenue
- Renewable energy infrastructure demand accelerates energy solutions segment growth and margins
- European construction backlog sustainability depends on public infrastructure spending and interest rates
- Regulatory changes to French motorway contracts impact long-term valuation and dividend yield
| Net Income: 4.90b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.47 > 1.0 |
| NWC/Revenue: -11.55% < 20% (prev -11.13%; Δ -0.41% < -1%) |
| CFO/TA 0.09 > 3% & CFO 11.9b > Net Income 4.90b |
| Net Debt (22.0b) to EBITDA (13.2b): 1.67 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (566.7m) vs 12m ago -1.86% < -2% |
| Gross Margin: 15.37% > 18% (prev 17.60%; Δ -2.23% > 0.5%) |
| Asset Turnover: 57.54% > 50% (prev 56.20%; Δ 1.35% > 0%) |
| Interest Coverage Ratio: 6.02 > 6 (EBIT TTM 9.03b / Interest Expense TTM 1.50b) |
| A: -0.07 (Total Current Assets 48.7b - Total Current Liabilities 57.4b) / Total Assets 133b |
| B: 0.04 (Retained Earnings 4.90b / Total Assets 133b) |
| C: 0.07 (EBIT TTM 9.03b / Avg Total Assets 131b) |
| D: 0.31 (Book Value of Equity 30.8b / Total Liabilities 98.7b) |
| Altman-Z'' = 0.48 = B |
| DSRI: 1.00 (Receivables 20.0b/19.4b, Revenue 75.5b/72.8b) |
| GMI: 1.14 (GM 17.60% / 15.37%) |
| AQI: 0.98 (AQ_t 0.51 / AQ_t-1 0.52) |
| SGI: 1.04 (Revenue 75.5b / 72.8b) |
| TATA: -0.05 (NI 4.90b - CFO 11.9b) / TA 133b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of June 09, 2026, the stock is trading at EUR 123.80 with a total of 842,856 shares traded.
Over the past week, the price has changed by -2.83%,
over one month by -5.71%,
over three months by -26.25% and
over the past year by -3.81%.
Vinci S.A. has no consensus analysts rating.
P/E Trailing = 14.3642
P/E Forward = 13.6054
P/S = 0.9042
P/B = 2.2134
P/EG = 2.5184
Revenue TTM = 75.5b EUR
EBIT TTM = 9.03b EUR
EBITDA TTM = 13.2b EUR
Long Term Debt = 30.0b EUR (from longTermDebt, last quarter)
Short Term Debt = 5.61b EUR (from shortTermDebt, last quarter)
Debt = 40.5b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.85b
Net Debt = 22.0b EUR (calculated: Debt 40.5b - CCE 18.5b)
Enterprise Value = 90.5b EUR (68.5b + Debt 40.5b - CCE 18.5b)
Interest Coverage Ratio = 6.02 (Ebit TTM 9.03b / Interest Expense TTM 1.50b)
EV/FCF = 10.70x (Enterprise Value 90.5b / FCF TTM 8.46b)
FCF Yield = 9.34% (FCF TTM 8.46b / Enterprise Value 90.5b)
FCF Margin = 11.19% (FCF TTM 8.46b / Revenue TTM 75.5b)
Net Margin = 6.49% (Net Income TTM 4.90b / Revenue TTM 75.5b)
Gross Margin = 15.37% ((Revenue TTM 75.5b - Cost of Revenue TTM 63.9b) / Revenue TTM)
Gross Margin QoQ = 16.76% (prev 13.80%)
Tobins Q-Ratio = 0.68 (Enterprise Value 90.5b / Total Assets 133b)
Interest Expense / Debt = 3.70% (Interest Expense 1.50b / Debt 40.5b)
Taxrate = 33.53% (2.66b / 7.94b)
NOPAT = 6.00b (EBIT 9.03b * (1 - 33.53%))
Current Ratio = 0.85 (Total Current Assets 48.7b / Total Current Liabilities 57.4b)
Debt / Equity = 1.32 (Debt 40.5b / totalStockholderEquity, last quarter 30.8b)
Debt / EBITDA = 1.67 (Net Debt 22.0b / EBITDA 13.2b)
Debt / FCF = 2.61 (Net Debt 22.0b / FCF TTM 8.46b)
Total Stockholder Equity = 29.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.73% (Net Income 4.90b / Total Assets 133b)
RoE = 16.63% (Net Income TTM 4.90b / Total Stockholder Equity 29.5b)
RoCE = 15.19% (EBIT 9.03b / Capital Employed (Equity 29.5b + L.T.Debt 30.0b))
RoIC = 7.75% (NOPAT 6.00b / Invested Capital 77.5b)
WACC = 4.75% (E(68.5b)/V(109b) * Re(6.11%) + D(40.5b)/V(109b) * Rd(3.70%) * (1-Tc(0.34)))
Discount Rate = 6.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -0.18%
[DCF] Terminal Value 74.84% ; FCFF base≈8.61b ; Y1≈8.33b ; Y5≈8.20b
[DCF] Fair Price = 193.4 (EV 129b - Net Debt 22.0b = Equity 107b / Shares 550.9m; r=8.35% [WACC [floored]]; 5y FCF grow -4.31% → 2.50% )
EPS Correlation: -25.93 | EPS CAGR: -4.91% | SUE: 0.0 | # QB: 0
Revenue Correlation: 97.48 | Revenue CAGR: 4.76% | SUE: 0.10 | # QB: 0
EPS current Year (2026-12-31): EPS=9.04 | Chg30d=N/A | Revisions=-56% | GrowthEPS=+4.0% | GrowthRev=+2.9%
EPS next Year (2027-12-31): EPS=10.14 | Chg30d=N/A | Revisions=-17% | GrowthEPS=+12.2% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: -56%