EN Stock Analysis: Bouygues | PA
Engineering & Construction | PA, France | Market Cap: 17.837m EUR | 12M Return: 30.8% | FR0000120503 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 24.9M
EPS Trend: 78.6%
Qual. Beats: 0
Rev. Trend: 57.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Bouygues SA is a French large-cap industrial conglomerate headquartered in Paris and founded in 1952, operating across four main sectors: construction, energies and services, telecom, and media. The group is organized into several business segments - including Colas (roads and civil infrastructure), Bouygues Construction, Bouygues Immobilier (property development), Equans (multi-technical services), Bouygues Telecom, and TF1 (media). Within construction, the company handles roadbuilding, rail infrastructure, public works (tunnels, bridges, nuclear), building renovation, and concessions, while in energies and services it covers electrical installations, HVAC, robotics, facility management, and digital/ICT services. Its telecom arm delivers mobile and fixed network services to both B2C and B2B customers, and the TF1 media segment produces and broadcasts television content across unencrypted channels (TF1, TMC, TFX, TF1 Séries Films, LCI), themed channels, the TF1+ streaming platform, and the TFOU MAX on-demand service.
Bouygues sits within the GICS Industrials sector under Construction & Engineering, reflecting its heavy infrastructure and civil works exposure, but it is structurally more diversified than a pure engineering firm, generating meaningful revenue from telecom subscriptions and media/advertising. Operating internationally alongside its core French market, the group exports construction materials and services globally, giving it a hybrid profile of cyclical infrastructure activity combined with recurring revenue streams from telecom and media.
- French public infrastructure spending lifts Colas and Bouygues Construction order book
- Bouygues Telecom faces ARPU pressure amid intense French mobile market competition
- Equans margin expansion remains key driver of group profitability
- TF1 advertising revenue tracks French consumer cycle
| Net Income: 1.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.85 > 1.0 |
| NWC/Revenue: -6.79% < 20% (prev -5.59%; Δ -1.20% < -1%) |
| CFO/TA 0.08 > 3% & CFO 5.18b > Net Income 1.25b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (385.3m) vs 12m ago 1.90% < -2% |
| Gross Margin: 5.27% > 18% (prev 55.90%; Δ -50.63% > 0.5%) |
| Asset Turnover: 89.59% > 50% (prev 91.90%; Δ -2.31% > 0%) |
| Interest Coverage Ratio: -13.79 > 6 (EBIT TTM -9.89b / Interest Expense TTM 717.0m) |
| A: -0.06 (Total Current Assets 30.3b - Total Current Liabilities 34.2b) / Total Assets 63.5b |
| B: 0.15 (Retained Earnings 9.60b / Total Assets 63.5b) |
| C: -0.16 (EBIT TTM -9.89b / Avg Total Assets 62.8b) |
| D: 0.25 (Book Value of Equity 12.5b / Total Liabilities 49.2b) |
| Altman-Z'' = -0.69 = B |
| DSRI: 1.03 (Receivables 22.1b/21.8b, Revenue 56.3b/57.1b) |
| GMI: 10.60 (GM 55.90% / 5.27%) |
| AQI: 0.97 (AQ_t 0.32 / AQ_t-1 0.33) |
| SGI: 0.99 (Revenue 56.3b / 57.1b) |
| TATA: -0.06 (NI 1.25b - CFO 5.18b) / TA 63.5b) |
| Beneish M = 5.66 (Cap -4..+1) = D |
As of August 27, 2026, the stock is trading at EUR 45.67 with a total of 587,479 shares traded. Over the past week, the price has changed by -2.21%, over one month by -2.73%, over three months by -8.70% and over the past year by +30.79%.
Current recommended Stop Loss: 44.50 (which is 2.6% or 1.4 ATR below the current price).
Bouygues has no consensus analysts rating.
P/E Trailing = 14.0823
P/E Forward = 14.0056
P/S = 0.3167
P/B = 1.4224
P/EG = 2.187
Revenue TTM = 56.3b EUR
EBIT TTM = -9.89b EUR
EBITDA TTM = -7.51b EUR
Long Term Debt = 8.88b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.08b EUR (from shortTermDebt, last quarter)
Debt = 18.0b EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.29b
Net Debt = 13.1b EUR (calculated: Debt 18.0b - CCE 4.86b)
Enterprise Value = 31.0b EUR (17.8b + Debt 18.0b - CCE 4.86b)
Interest Coverage Ratio = -13.79 (Ebit TTM -9.89b / Interest Expense TTM 717.0m)
EV/FCF = 11.16x (Enterprise Value 31.0b / FCF TTM 2.77b)
FCF Yield = 8.96% (FCF TTM 2.77b / Enterprise Value 31.0b)
FCF Margin = 4.93% (FCF TTM 2.77b / Revenue TTM 56.3b)
Net Margin = 2.22% (Net Income TTM 1.25b / Revenue TTM 56.3b)
Gross Margin = 5.27% ((Revenue TTM 56.3b - Cost of Revenue TTM 53.3b) / Revenue TTM)
Gross Margin QoQ = 5.29% (prev 0.23%)
Tobins Q-Ratio = 0.49 (Enterprise Value 31.0b / Total Assets 63.5b)
Interest Expense / Debt = 3.99% (Interest Expense 717.0m / Debt 18.0b)
Taxrate = 30.53% (599.0m / 1.96b)
NOPAT = -6.87b (EBIT -9.89b * (1 - 30.53%)) [loss with tax shield]
Current Ratio = 0.89 (Total Current Assets 30.3b / Total Current Liabilities 34.2b)
Debt / Equity = 1.43 (Debt 18.0b / totalStockholderEquity, last quarter 12.5b)
Debt / EBITDA = -1.75 (negative EBITDA) (Net Debt 13.1b / EBITDA -7.51b)
Debt / FCF = 4.73 (Net Debt 13.1b / FCF TTM 2.77b)
Total Stockholder Equity = 12.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.99% (Net Income 1.25b / Total Assets 63.5b)
RoE = 9.79% (Net Income TTM 1.25b / Total Stockholder Equity 12.8b)
RoCE = -45.65% (EBIT -9.89b / Capital Employed (Equity 12.8b + L.T.Debt 8.88b))
RoIC = -23.21% (negative operating profit) (NOPAT -6.87b / Invested Capital 29.6b)
WACC = 4.66% (E(17.8b)/V(35.8b) * Re(6.57%) + D(18.0b)/V(35.8b) * Rd(3.99%) * (1-Tc(0.31)))
Discount Rate = 6.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 90.56 | Cagr: 0.84%
[DCF] Terminal Value 73.18% ; FCFF base≈2.96b ; Y1≈2.61b ; Y5≈2.13b
[DCF] Fair Price = 54.36 (EV 34.1b - Net Debt 13.1b = Equity 21.0b / Shares 386.2m; r=8.35% [WACC [floored]]; 5y FCF grow -14.54% → 2.50% )
EPS Correlation: 78.56 | EPS CAGR: 11.30% | SUE: 0.53 | # QB: 0
Revenue Correlation: 57.12 | Revenue CAGR: 0.55% | SUE: 0.02 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.23 | Chg30d=-16.33% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=3.37 | Chg30d=+3.58% | Revisions=+50% | GrowthEPS=+1.3% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=3.92 | Chg30d=+1.53% | Revisions=+17% | GrowthEPS=+16.2% | GrowthRev=+2.4%
[Analyst] Revisions Ratio: +30% (up=5, down=2)