(VCT) Vicat S.A. - Ratings and Ratios
Cement, Concrete, Aggregates, Mortar, Paper
Description: VCT Vicat S.A.
Vicat S.A. is a leading player in the construction materials industry, producing and selling cement, ready-mixed concrete, and aggregates. The companys diverse product portfolio caters to various construction needs, including housing, infrastructure projects, and specialized applications. Vicats operations span multiple countries across Europe, the Americas, Africa, and Asia, providing a geographically diversified revenue stream.
From a business perspective, Vicats product offerings can be broken down into several key categories: cement, aggregates, and ready-mixed concrete. The companys cement products include artificial cements, natural cements, and hydraulic road binders, which are used in a range of applications, from housing to infrastructure projects. Vicats aggregates include alluvium or rock, and river or crusher gravel and sand, which are used in construction and infrastructure projects. The companys ready-mixed concrete products include decorative, self-leveling, self-consolidating, road, architectural, and civil-engineering concretes, which cater to various construction needs.
To evaluate Vicats performance, we can look at key performance indicators (KPIs) such as revenue growth, EBITDA margin, and return on equity (RoE). With a RoE of 19.24%, Vicat demonstrates a strong ability to generate returns for shareholders. Additionally, the companys diversified geographic presence and product portfolio help mitigate risks associated with regional market fluctuations. Other relevant KPIs for Vicat include its debt-to-equity ratio, interest coverage ratio, and operating cash flow margin, which can provide further insights into the companys financial health and operational efficiency.
From a valuation perspective, Vicats price-to-earnings (P/E) ratio of 9.39 and forward P/E ratio of 10.45 suggest that the stock may be undervalued relative to its earnings potential. The companys market capitalization of 2529.74M EUR also indicates a significant market presence. To further assess Vicats valuation, we can consider metrics such as the enterprise value-to-EBITDA (EV/EBITDA) ratio, price-to-book (P/B) ratio, and dividend yield, which can provide a more comprehensive picture of the companys valuation.
VCT Stock Overview
| Market Cap in USD | 3,171m |
| Sub-Industry | Construction Materials |
| IPO / Inception |
VCT Stock Ratings
| Growth Rating | 80.8% |
| Fundamental | 81.5% |
| Dividend Rating | 71.3% |
| Return 12m vs S&P 500 | 65.8% |
| Analyst Rating | - |
VCT Dividends
| Dividend Yield 12m | 3.79% |
| Yield on Cost 5y | 8.82% |
| Annual Growth 5y | 5.92% |
| Payout Consistency | 96.5% |
| Payout Ratio | 33.1% |
VCT Growth Ratios
| Growth Correlation 3m | 54.1% |
| Growth Correlation 12m | 97.2% |
| Growth Correlation 5y | 48.5% |
| CAGR 5y | 20.99% |
| CAGR/Max DD 5y | 0.42 |
| Sharpe Ratio 12m | 2.85 |
| Alpha | 86.75 |
| Beta | 0.812 |
| Volatility | 25.44% |
| Current Volume | 19.7k |
| Average Volume 20d | 19.7k |
| Stop Loss | 56.8 (-3.1%) |
| Signal | -2.51 |
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income (531.1m TTM) > 0 and > 6% of Revenue (6% = 469.3m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 5.53pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 7.86% (prev 13.95%; Δ -6.09pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.20 (>3.0%) and CFO 1.31b > Net Income 531.1m (YES >=105%, WARN >=100%) |
| Net Debt (1.25b) to EBITDA (1.33b) ratio: 0.94 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (44.7m) change vs 12m ago NaN% (target <= -2.0% for YES) |
| Gross Margin 35.02% (prev 31.10%; Δ 3.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 122.4% (prev 57.23%; Δ 65.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.84 (EBITDA TTM 1.33b / Interest Expense TTM 217.5m) >= 6 (WARN >= 3) |
Altman Z'' 1.69
| (A) 0.10 = (Total Current Assets 1.70b - Total Current Liabilities 1.08b) / Total Assets 6.41b |
| (B) 0.04 = Retained Earnings (Balance) 245.3m / Total Assets 6.41b |
| (C) 0.13 = EBIT TTM 835.6m / Avg Total Assets 6.39b |
| (D) 0.06 = Book Value of Equity 179.6m / Total Liabilities 3.15b |
| Total Rating: 1.69 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 81.51
| 1. Piotroski 8.50pt = 3.50 |
| 2. FCF Yield 16.76% = 5.0 |
| 3. FCF Margin 8.13% = 2.03 |
| 4. Debt/Equity 0.55 = 2.35 |
| 5. Debt/Ebitda 1.21 = 1.45 |
| 6. ROIC - WACC 7.47% = 9.34 |
| 7. RoE 19.24% = 1.60 |
| 8. Rev. Trend 93.36% = 4.67 |
| 9. Rev. CAGR 8.40% = 1.05 |
| 10. EPS Trend 20.89% = 0.52 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of VCT shares?
Over the past week, the price has changed by -3.67%, over one month by +0.17%, over three months by -0.35% and over the past year by +94.70%.
Is Vicat S.A. a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VCT is around 66.46 EUR . This means that VCT is currently undervalued and has a potential upside of +13.41% (Margin of Safety).
Is VCT a buy, sell or hold?
What are the forecasts/targets for the VCT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 64 | 9.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 72.7 | 24.1% |
VCT Fundamental Data Overview
Market Cap EUR = 2.71b (2.71b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 535.7m EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 10.0661
P/E Forward = 10.4493
P/S = 0.7078
P/B = 0.9775
Beta = 0.985
Revenue TTM = 7.82b EUR
EBIT TTM = 835.6m EUR
EBITDA TTM = 1.33b EUR
Long Term Debt = 1.36b EUR (from longTermDebt, last quarter)
Short Term Debt = 255.6m EUR (from shortTermDebt, last quarter)
Debt = 1.62b EUR (Calculated: Short Term 255.6m + Long Term 1.36b)
Net Debt = 1.25b EUR (from netDebt column, last quarter)
Enterprise Value = 3.79b EUR (2.71b + Debt 1.62b - CCE 535.7m)
Interest Coverage Ratio = 3.84 (Ebit TTM 835.6m / Interest Expense TTM 217.5m)
FCF Yield = 16.76% (FCF TTM 635.8m / Enterprise Value 3.79b)
FCF Margin = 8.13% (FCF TTM 635.8m / Revenue TTM 7.82b)
Net Margin = 6.79% (Net Income TTM 531.1m / Revenue TTM 7.82b)
Gross Margin = 35.02% ((Revenue TTM 7.82b - Cost of Revenue TTM 5.08b) / Revenue TTM)
Tobins Q-Ratio = 21.12 (Enterprise Value 3.79b / Book Value Of Equity 179.6m)
Interest Expense / Debt = 2.64% (Interest Expense 42.7m / Debt 1.62b)
Taxrate = 24.77% (95.5m / 385.6m)
NOPAT = 628.6m (EBIT 835.6m * (1 - 24.77%))
Current Ratio = 1.57 (Total Current Assets 1.70b / Total Current Liabilities 1.08b)
Debt / Equity = 0.55 (Debt 1.62b / last Quarter total Stockholder Equity 2.96b)
Debt / EBITDA = 1.21 (Net Debt 1.25b / EBITDA 1.33b)
Debt / FCF = 2.54 (Debt 1.62b / FCF TTM 635.8m)
Total Stockholder Equity = 2.76b (last 4 quarters mean)
RoA = 8.28% (Net Income 531.1m, Total Assets 6.41b )
RoE = 19.24% (Net Income TTM 531.1m / Total Stockholder Equity 2.76b)
RoCE = 20.28% (Ebit 835.6m / (Equity 2.76b + L.T.Debt 1.36b))
RoIC = 13.86% (NOPAT 628.6m / Invested Capital 4.54b)
WACC = 6.39% (E(2.71b)/V(4.33b) * Re(9.01%)) + (D(1.62b)/V(4.33b) * Rd(2.64%) * (1-Tc(0.25)))
Shares Correlation 5-Years: -100.0 | Cagr: -0.10%
Discount Rate = 9.01% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 75.25% ; FCFE base≈493.2m ; Y1≈506.2m ; Y5≈565.6m
Fair Price DCF = 187.9 (DCF Value 8.37b / Shares Outstanding 44.5m; 5y FCF grow 2.56% → 3.0% )
Revenue Correlation: 93.36 | Revenue CAGR: 8.40%
Rev Growth-of-Growth: -15.06
EPS Correlation: 20.89 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -90.10