FGR Stock Analysis: Eiffage | PA
Engineering & Construction | PA, France | Market Cap: 9.726m EUR | 12M Return: -4.6% | FR0000130452 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.0M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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.
Eiffage SA (FGR) is a France-based construction and concessions group founded in 1844 and headquartered in Vélizy-Villacoublay. It operates through five segments - Construction, Infrastructure, Energy Systems, Concessions, and Holding - and is active in France, Germany, the rest of Europe, and internationally.
Its Construction segment handles residential, office, retail, hospitality, and public building projects along with property development and urban renewal. The Infrastructure segment covers roads, motorways, ports, airports, civil engineering works (including transport, water, and energy infrastructure), and turnkey metal construction. The Energy Systems segment designs, builds, and maintains electrical, climate-control, and energy-engineering systems. The Concessions segment builds and operates assets under concession and PPP contracts, while also producing hydroelectric and photovoltaic power.
The concessions and public-private partnership (PPP) model is a key differentiator in the European infrastructure industry, providing long-duration, often contractually-backed cash flows from toll roads, public facilities, and renewable energy assets - complementing the more cyclical construction business.
- French infrastructure spending boosts roads and public works backlog
- Energy renovation mandates drive Energy Systems segment growth
- Motorway concession traffic and tolls expand recurring revenue
| Net Income: 1.06b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.48 > 1.0 |
| NWC/Revenue: -4.60% < 20% (prev -2.35%; Δ -2.25% < -1%) |
| CFO/TA 0.08 > 3% & CFO 3.44b > Net Income 1.06b |
| Net Debt (12.3b) to EBITDA (4.26b): 2.89 < 3 |
| Current Ratio: 0.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (98.0m) vs 12m ago 2.87% < -2% |
| Gross Margin: 12.86% > 18% (prev 83.52%; Δ -70.66% > 0.5%) |
| Asset Turnover: 63.97% > 50% (prev 60.79%; Δ 3.18% > 0%) |
| Interest Coverage Ratio: 6.17 > 6 (EBIT TTM 2.62b / Interest Expense TTM 424.0m) |
| A: -0.03 (Total Current Assets 16.7b - Total Current Liabilities 17.9b) / Total Assets 41.1b |
| B: 0.01 (Retained Earnings 342.0m / Total Assets 41.1b) |
| C: 0.06 (EBIT TTM 2.62b / Avg Total Assets 41.0b) |
| D: 0.24 (Book Value of Equity 7.62b / Total Liabilities 32.2b) |
| Altman-Z'' = 0.51 = B |
| DSRI: 1.00 (Receivables 7.94b/7.53b, Revenue 26.3b/24.9b) |
| GMI: 6.49 (GM 83.52% / 12.86%) |
| AQI: 1.00 (AQ_t 0.50 / AQ_t-1 0.50) |
| SGI: 1.05 (Revenue 26.3b / 24.9b) |
| TATA: -0.06 (NI 1.06b - CFO 3.44b) / TA 41.1b) |
| Beneish M = 1.99 (Cap -4..+1) = D |
As of October 09, 2026, the stock is trading at EUR 98.98 with a total of 235,803 shares traded. Over the past week, the price has changed by -0.58%, over one month by -9.90%, over three months by -16.86% and over the past year by -4.59%.
Current recommended Stop Loss: 96.00 (which is 3% or 1.3 ATR below the current price).
Eiffage has no consensus analysts rating.
P/E Trailing = 9.0917
P/E Forward = 8.7796
P/S = 0.3704
P/B = 1.3499
P/EG = 2.4382
Revenue TTM = 26.3b EUR
EBIT TTM = 2.62b EUR
EBITDA TTM = 4.26b EUR
Long Term Debt = 11.0b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.28b EUR (from shortTermDebt, last quarter)
Debt = 16.9b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.50b
Net Debt = 12.3b EUR (calculated: Debt 16.9b - CCE 4.60b)
Enterprise Value = 22.0b EUR (9.73b + Debt 16.9b - CCE 4.60b)
Interest Coverage Ratio = 6.17 (Ebit TTM 2.62b / Interest Expense TTM 424.0m)
EV/FCF = 7.72x (Enterprise Value 22.0b / FCF TTM 2.85b)
FCF Yield = 12.96% (FCF TTM 2.85b / Enterprise Value 22.0b)
FCF Margin = 10.87% (FCF TTM 2.85b / Revenue TTM 26.3b)
Net Margin = 4.02% (Net Income TTM 1.06b / Revenue TTM 26.3b)
Gross Margin = 12.86% ((Revenue TTM 26.3b - Cost of Revenue TTM 22.9b) / Revenue TTM)
Gross Margin QoQ = 10.44% (prev 15.05%)
Tobins Q-Ratio = 0.54 (Enterprise Value 22.0b / Total Assets 41.1b)
Interest Expense / Debt = 2.51% (Interest Expense 424.0m / Debt 16.9b)
Taxrate = 34.59% (805.0m / 2.33b)
NOPAT = 1.71b (EBIT 2.62b * (1 - 34.59%))
Current Ratio = 0.93 (Total Current Assets 16.7b / Total Current Liabilities 17.9b)
Debt / Equity = 2.22 (Debt 16.9b / totalStockholderEquity, last quarter 7.62b)
Debt / EBITDA = 2.89 (Net Debt 12.3b / EBITDA 4.26b)
Debt / FCF = 4.31 (Net Debt 12.3b / FCF TTM 2.85b)
Total Stockholder Equity = 7.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.57% (Net Income 1.06b / Total Assets 41.1b)
RoE = 14.67% (Net Income TTM 1.06b / Total Stockholder Equity 7.20b)
RoCE = 14.39% (EBIT 2.62b / Capital Employed (Equity 7.20b + L.T.Debt 11.0b))
RoIC = 6.79% (NOPAT 1.71b / Invested Capital 25.2b)
WACC = 3.31% (E(9.73b)/V(26.6b) * Re(6.20%) + D(16.9b)/V(26.6b) * Rd(2.51%) * (1-Tc(0.35)))
Discount Rate = 6.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -30.40 | Cagr: 1.19%
[DCF] Terminal Value 74.55% ; FCFF base≈2.93b ; Y1≈2.79b ; Y5≈2.65b
[DCF] Fair Price = 303.0 (EV 41.7b - Net Debt 12.3b = Equity 29.4b / Shares 97.2m; r=8.35% [WACC [floored]]; 5y FCF grow -6.24% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 98.91 | Revenue CAGR: 7.12% | SUE: 1.31 | # QB: 1
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=11.32 | Chg30d=+0.70% | Revisions=+18% | GrowthEPS=+2.9% | GrowthRev=+3.0%
EPS next Year (2027-12-31): EPS=12.53 | Chg30d=-0.34% | Revisions=-25% | GrowthEPS=+10.7% | GrowthRev=+2.9%
[Analyst] Revisions Ratio: -5% (up=8, down=9)