(DG) Vinci S.A. - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: PA (France) | Market Cap: 67.818m EUR | Total Return: 6.8% in 12m
Avg Turnover: 103M
Warnings
Altman Z'' 0.88 < 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: 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 23.6b > Net Income 9.77b |
| Net Debt (22.0b) to EBITDA (25.1b): 0.88 < 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 25.1b / Interest Expense TTM 2.89b) |
| 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: 0.14 (EBIT TTM 17.6b / Avg Total Assets 126b) |
| D: 0.24 (Book Value of Equity 23.6b / Total Liabilities 98.7b) |
| Altman-Z'' = 0.88 = B |
| DSRI: 0.75 (Receivables 20.0b/18.7b, Revenue 148b/104b) |
| GMI: 0.84 (GM 16.47% / 13.87%) |
| AQI: 1.01 (AQ_t 0.51 / AQ_t-1 0.50) |
| SGI: 1.43 (Revenue 148b / 104b) |
| TATA: -0.10 (NI 9.77b - CFO 23.6b) / TA 133b) |
| Beneish M = -3.17 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 121.70 with a total of 994,121 shares traded.
Over the past week, the price has changed by +3.19%,
over one month by -12.48%,
over three months by -31.05% and
over the past year by +6.75%.
Vinci S.A. has no consensus analysts rating.
P/E Trailing = 14.2312
P/E Forward = 13.7174
P/S = 0.8958
P/B = 2.2322
P/EG = 2.5398
Revenue TTM = 148b EUR
EBIT TTM = 17.6b EUR
EBITDA TTM = 25.1b 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 = 89.9b EUR (67.8b + Debt 40.5b - CCE 18.5b)
Interest Coverage Ratio = 6.09 (Ebit TTM 17.6b / Interest Expense TTM 2.89b)
EV/FCF = 5.20x (Enterprise Value 89.9b / FCF TTM 17.3b)
FCF Yield = 19.24% (FCF TTM 17.3b / Enterprise Value 89.9b)
FCF Margin = 11.66% (FCF TTM 17.3b / Revenue TTM 148b)
Net Margin = 6.59% (Net Income TTM 9.77b / Revenue TTM 148b)
Gross Margin = 16.47% ((Revenue TTM 148b - Cost of Revenue TTM 124b) / Revenue TTM)
Gross Margin QoQ = 16.76% (prev 13.80%)
Tobins Q-Ratio = 0.68 (Enterprise Value 89.9b / Total Assets 133b)
Interest Expense / Debt = 7.14% (Interest Expense 2.89b / Debt 40.5b)
Taxrate = 30.62% (1.42b / 4.65b)
NOPAT = 12.2b (EBIT 17.6b * (1 - 30.62%))
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 = 0.88 (Net Debt 22.0b / EBITDA 25.1b)
Debt / FCF = 1.27 (Net Debt 22.0b / FCF TTM 17.3b)
Total Stockholder Equity = 29.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.76% (Net Income 9.77b / Total Assets 133b)
RoE = 33.13% (Net Income TTM 9.77b / Total Stockholder Equity 29.5b)
RoCE = 29.65% (EBIT 17.6b / Capital Employed (Equity 29.5b + L.T.Debt 30.0b))
RoIC = 15.05% (NOPAT 12.2b / Invested Capital 81.3b)
WACC = 5.63% (E(67.8b)/V(108b) * Re(6.04%) + D(40.5b)/V(108b) * Rd(7.14%) * (1-Tc(0.31)))
Discount Rate = 6.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -0.18%
[DCF] Terminal Value 77.97% ; FCFF base≈14.4b ; Y1≈16.5b ; Y5≈24.4b
[DCF] Fair Price = 625.2 (EV 366b - Net Debt 22.0b = Equity 344b / Shares 550.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 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=9.16 | Chg30d=-1.62% | Revisions=-56% | GrowthEPS=+5.4% | GrowthRev=+2.9%
EPS next Year (2027-12-31): EPS=10.14 | Chg30d=-0.59% | Revisions=-17% | GrowthEPS=+10.8% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: -56%