(DG) Vinci S.A. - Ratings and Ratios
Motorways, Airports, Energy, Construction, Renewables
Dividends
| Dividend Yield | 3.94% |
| Yield on Cost 5y | 6.57% |
| Yield CAGR 5y | 15.83% |
| Payout Consistency | 87.3% |
| Payout Ratio | 57.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 17.9% |
| Value at Risk 5%th | 30.2% |
| Relative Tail Risk | 2.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.98 |
| Alpha | 19.15 |
| CAGR/Max DD | 0.81 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.535 |
| Beta | 0.102 |
| Beta Downside | 0.062 |
| Drawdowns 3y | |
|---|---|
| Max DD | 15.85% |
| Mean DD | 5.54% |
| Median DD | 5.12% |
Description: DG Vinci S.A. December 02, 2025
Vinci SA (ticker DG) operates globally across three core segments: Concessions (motorways, airports, railways, stadiums), Energy (industrial services, renewable-energy development, EPC projects) and Construction (general contracting, civil engineering, nuclear engineering, property development). Founded in 1899 and headquartered in Nanterre, France, the group leverages its integrated model to capture value from long-term concession contracts, growing demand for sustainable infrastructure, and diversified engineering services.
Key recent metrics: 2023 revenue reached €55 bn, with the Concessions segment contributing roughly 55 % of sales and delivering a 5.2 % EBITDA margin, while the Energy segment posted a 7.8 % margin driven by a 12 % increase in renewable-energy EPC orders. The construction backlog stood at €30 bn, reflecting robust pipeline visibility amid EU-wide infrastructure stimulus and rising public-private partnership (PPP) activity. Vinci’s exposure to green-transition policies is a sector driver-EU targets for 2030 renewable capacity are expected to boost demand for its solar- and wind-farm EPC capabilities.
For a deeper, data-driven look at Vinci’s valuation multiples, cash-flow outlook, and peer benchmarks, the ValueRay platform provides a concise, actionable snapshot.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (9.37b TTM) > 0 and > 6% of Revenue (6% = 8.71b TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 8.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -6.73% (prev -6.77%; Δ 0.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.17 (>3.0%) and CFO 22.68b > Net Income 9.37b (YES >=105%, WARN >=100%) |
| Net Debt (27.55b) to EBITDA (24.04b) ratio: 1.15 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.83 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (567.6m) change vs 12m ago -0.80% (target <= -2.0% for YES) |
| Gross Margin 16.01% (prev 21.43%; Δ -5.42pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 118.4% (prev 71.66%; Δ 46.76pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 6.32 (EBITDA TTM 24.04b / Interest Expense TTM 2.67b) >= 6 (WARN >= 3) |
Altman Z'' 0.66
| (A) -0.07 = (Total Current Assets 48.38b - Total Current Liabilities 58.14b) / Total Assets 130.44b |
| (B) 0.01 = Retained Earnings (Balance) 1.90b / Total Assets 130.44b |
| (C) 0.14 = EBIT TTM 16.84b / Avg Total Assets 122.55b |
| (D) 0.17 = Book Value of Equity 16.42b / Total Liabilities 98.03b |
| Total Rating: 0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 81.88
| 1. Piotroski 6.50pt |
| 2. FCF Yield 17.58% |
| 3. FCF Margin 11.38% |
| 4. Debt/Equity 1.49 |
| 5. Debt/Ebitda 1.15 |
| 6. ROIC - WACC (= 12.58)% |
| 7. RoE 32.52% |
| 8. Rev. Trend 60.37% |
| 9. EPS Trend -0.62% |
What is the price of DG shares?
Over the past week, the price has changed by -1.35%, over one month by +2.94%, over three months by +5.31% and over the past year by +24.51%.
Is DG a buy, sell or hold?
What are the forecasts/targets for the DG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 136.7 | 13.3% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 141 | 16.9% |
DG Fundamental Data Overview November 27, 2025
Market Cap EUR = 67.51b (67.51b EUR * 1.0 EUR.EUR)
P/E Trailing = 14.5608
P/E Forward = 12.3609
P/S = 0.9157
P/B = 2.3273
P/EG = 2.6298
Beta = 0.755
Revenue TTM = 145.12b EUR
EBIT TTM = 16.84b EUR
EBITDA TTM = 24.04b EUR
Long Term Debt = 28.76b EUR (from longTermDebt, last quarter)
Short Term Debt = 11.02b EUR (from shortTermDebt, last quarter)
Debt = 42.62b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 27.55b EUR (from netDebt column, last quarter)
Enterprise Value = 93.95b EUR (67.51b + Debt 42.62b - CCE 16.18b)
Interest Coverage Ratio = 6.32 (Ebit TTM 16.84b / Interest Expense TTM 2.67b)
FCF Yield = 17.58% (FCF TTM 16.51b / Enterprise Value 93.95b)
FCF Margin = 11.38% (FCF TTM 16.51b / Revenue TTM 145.12b)
Net Margin = 6.46% (Net Income TTM 9.37b / Revenue TTM 145.12b)
Gross Margin = 16.01% ((Revenue TTM 145.12b - Cost of Revenue TTM 121.88b) / Revenue TTM)
Gross Margin QoQ = 13.80% (prev 21.51%)
Tobins Q-Ratio = 0.72 (Enterprise Value 93.95b / Total Assets 130.44b)
Interest Expense / Debt = 1.64% (Interest Expense 699.0m / Debt 42.62b)
Taxrate = 37.64% (1.24b / 3.29b)
NOPAT = 10.50b (EBIT 16.84b * (1 - 37.64%))
Current Ratio = 0.83 (Total Current Assets 48.38b / Total Current Liabilities 58.14b)
Debt / Equity = 1.49 (Debt 42.62b / totalStockholderEquity, last quarter 28.61b)
Debt / EBITDA = 1.15 (Net Debt 27.55b / EBITDA 24.04b)
Debt / FCF = 1.67 (Net Debt 27.55b / FCF TTM 16.51b)
Total Stockholder Equity = 28.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.18% (Net Income 9.37b / Total Assets 130.44b)
RoE = 32.52% (Net Income TTM 9.37b / Total Stockholder Equity 28.82b)
RoCE = 29.25% (EBIT 16.84b / Capital Employed (Equity 28.82b + L.T.Debt 28.76b))
RoIC = 16.89% (NOPAT 10.50b / Invested Capital 62.17b)
WACC = 4.31% (E(67.51b)/V(110.13b) * Re(6.39%) + D(42.62b)/V(110.13b) * Rd(1.64%) * (1-Tc(0.38)))
Discount Rate = 6.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -0.85%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈11.89b ; Y1≈14.67b ; Y5≈25.04b
Fair Price DCF = 763.5 (DCF Value 425.83b / Shares Outstanding 557.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -0.62 | EPS CAGR: -47.13% | SUE: 0.0 | # QB: 0
Revenue Correlation: 60.37 | Revenue CAGR: 13.08% | SUE: 1.19 | # QB: 1
EPS next Year (2026-12-31): EPS=9.50 | Chg30d=-0.147 | Revisions Net=-4 | Growth EPS=+11.7% | Growth Revenue=+2.7%