(EN) Bouygues - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: PA (France) | Market Cap: 19.162m EUR | Total Return: 34.6% in 12m
Avg Turnover: 37.5M
EPS Trend: 68.5%
Qual. Beats: 0
Rev. Trend: 67.0%
Qual. Beats: 0
Warnings
Beneish M-Score -1.23 > -1.5 - likely earnings manipulation
Altman Z'' 0.77 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Bouygues SA is a diversified French conglomerate operating across construction, energy services, telecommunications, and media. The group’s industrial activities are managed through specialized subsidiaries, including Colas for transport infrastructure, Equans for technical services and decarbonization, and Bouygues Construction for civil engineering and building projects. Its media and telecom segments include the TF1 Group, a major European broadcaster, and Bouygues Telecom, a full-service mobile and fixed network operator.
The company utilizes a multi-business model designed to balance cyclical construction revenues with more recurring cash flows from its media and telecommunications services. As a major player in the Construction & Engineering sub-industry, Bouygues often engages in public-private partnerships and long-term concessions, which provide multi-year visibility on its project pipeline. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics and competitive positioning.
Headquartered in Paris and founded in 1952, Bouygues maintains a significant international footprint, exporting its technical expertise in nuclear power station construction, rail network design, and urban property development. The recent integration of Equans has shifted the groups focus toward high-growth sectors such as HVAC, robotics, and digital infrastructure services.
- Integration of Equans drives margin expansion through energy services synergies
- High interest rates dampen French residential property development and construction demand
- Infrastructure spending on global road and rail networks stabilizes revenue
- French telecommunications price competition impacts mobile and fixed-line service margins
- TF1 advertising revenue fluctuates based on linear television viewership and streaming growth
| Net Income: 1.20b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.71 > 1.0 |
| NWC/Revenue: -3.70% < 20% (prev -4.69%; Δ 1.00% < -1%) |
| CFO/TA 0.08 > 3% & CFO 5.12b > Net Income 1.20b |
| Net Debt (11.8b) to EBITDA (2.67b): 4.43 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (385.3m) vs 12m ago 1.25% < -2% |
| Gross Margin: 18.16% > 18% (prev 0.56%; Δ 1.76k% > 0.5%) |
| Asset Turnover: 89.06% > 50% (prev 90.91%; Δ -1.85% > 0%) |
| Interest Coverage Ratio: 3.61 > 6 (EBITDA TTM 2.67b / Interest Expense TTM 712.0m) |
| A: -0.03 (Total Current Assets 30.8b - Total Current Liabilities 32.9b) / Total Assets 64.1b |
| B: 0.15 (Retained Earnings 9.66b / Total Assets 64.1b) |
| C: 0.04 (EBIT TTM 2.57b / Avg Total Assets 63.4b) |
| D: 0.21 (Book Value of Equity 10.2b / Total Liabilities 49.3b) |
| Altman-Z'' = 0.77 = B |
| DSRI: 1.01 (Receivables 20.8b/20.8b, Revenue 56.5b/57.1b) |
| GMI: 3.08 (GM 18.16% / 55.84%) |
| AQI: 0.97 (AQ_t 0.32 / AQ_t-1 0.33) |
| SGI: 0.99 (Revenue 56.5b / 57.1b) |
| TATA: -0.06 (NI 1.20b - CFO 5.12b) / TA 64.1b) |
| Beneish M = -1.23 (Cap -4..+1) = D |
As of May 29, 2026, the stock is trading at EUR 50.14 with a total of 594,252 shares traded.
Over the past week, the price has changed by +0.91%,
over one month by +0.72%,
over three months by -0.79% and
over the past year by +34.60%.
Bouygues has no consensus analysts rating.
P/E Trailing = 15.7247
P/E Forward = 15.3139
P/S = 0.3393
P/B = 1.4911
P/EG = 2.126
Revenue TTM = 56.5b EUR
EBIT TTM = 2.57b EUR
EBITDA TTM = 2.67b EUR
Long Term Debt = 9.97b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.33b EUR (from shortTermDebt, last quarter)
Debt = 18.5b EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.36b
Net Debt = 11.8b EUR (calculated: Debt 18.5b - CCE 6.66b)
Enterprise Value = 31.0b EUR (19.2b + Debt 18.5b - CCE 6.66b)
Interest Coverage Ratio = 3.61 (Ebit TTM 2.57b / Interest Expense TTM 712.0m)
EV/FCF = 11.61x (Enterprise Value 31.0b / FCF TTM 2.67b)
FCF Yield = 8.61% (FCF TTM 2.67b / Enterprise Value 31.0b)
FCF Margin = 4.72% (FCF TTM 2.67b / Revenue TTM 56.5b)
Net Margin = 2.12% (Net Income TTM 1.20b / Revenue TTM 56.5b)
Gross Margin = 18.16% ((Revenue TTM 56.5b - Cost of Revenue TTM 46.2b) / Revenue TTM)
Gross Margin QoQ = 0.23% (prev 7.11%)
Tobins Q-Ratio = 0.48 (Enterprise Value 31.0b / Total Assets 64.1b)
Interest Expense / Debt = 3.85% (Interest Expense 712.0m / Debt 18.5b)
Taxrate = 29.79% (574.0m / 1.93b)
NOPAT = 1.80b (EBIT 2.57b * (1 - 29.79%))
Current Ratio = 0.94 (Total Current Assets 30.8b / Total Current Liabilities 32.9b)
Debt / Equity = 1.42 (Debt 18.5b / totalStockholderEquity, last quarter 13.0b)
Debt / EBITDA = 4.43 (Net Debt 11.8b / EBITDA 2.67b)
Debt / FCF = 4.43 (Net Debt 11.8b / FCF TTM 2.67b)
Total Stockholder Equity = 12.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.89% (Net Income 1.20b / Total Assets 64.1b)
RoE = 9.47% (Net Income TTM 1.20b / Total Stockholder Equity 12.7b)
RoCE = 11.35% (EBIT 2.57b / Capital Employed (Equity 12.7b + L.T.Debt 9.97b))
RoIC = 5.37% (NOPAT 1.80b / Invested Capital 33.6b)
WACC = 4.39% (E(19.2b)/V(37.6b) * Re(6.01%) + D(18.5b)/V(37.6b) * Rd(3.85%) * (1-Tc(0.30)))
Discount Rate = 6.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.42 | Cagr: 0.83%
[DCF] Terminal Value 73.10% ; FCFF base≈3.07b ; Y1≈2.70b ; Y5≈2.18b
[DCF] Fair Price = 60.04 (EV 35.0b - Net Debt 11.8b = Equity 23.2b / Shares 385.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 68.52 | EPS CAGR: 8.03% | SUE: 0.52 | # QB: 0
Revenue Correlation: 66.99 | Revenue CAGR: 1.97% | SUE: -0.25 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.81 | Chg30d=-6.90% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.44 | Chg30d=-2.70% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=3.29 | Chg30d=-1.08% | Revisions=+0% | GrowthEPS=-1.1% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=3.88 | Chg30d=-2.60% | Revisions=-14% | GrowthEPS=+17.8% | GrowthRev=+2.2%
[Analyst] Revisions Ratio: -20%