(VCT) Vicat S.A. - Ratings and Ratios
Cement, Concrete, Aggregates, Mortars, Paper Bags
Dividends
| Dividend Yield | 4.02% |
| Yield on Cost 5y | 7.19% |
| Yield CAGR 5y | 7.46% |
| Payout Consistency | 94.0% |
| Payout Ratio | 33.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 29.1% |
| Value at Risk 5%th | 46.1% |
| Relative Tail Risk | -3.71% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.58 |
| Alpha | 101.61 |
| CAGR/Max DD | 2.61 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.496 |
| Beta | 0.233 |
| Beta Downside | 0.236 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.43% |
| Mean DD | 4.46% |
| Median DD | 3.41% |
Description: VCT Vicat S.A. January 13, 2026
Vicat S.A. (PA: VCT) is a vertically integrated construction-materials group that produces and sells cement, ready-mixed concrete, and aggregates across 13 countries, including France, the United States, Brazil, India, and several African markets. Its product portfolio spans artificial and natural cements, hydraulic road binders, a broad range of aggregates (alluvium, rock, river and crusher gravel, sand), and specialty concretes (decorative, self-leveling, self-consolidating, road, architectural, civil-engineering). Vicat also offers premixed mortars, adhesives, and surfacing compounds, and it participates in large-scale infrastructure projects such as high-speed rail, motorway bridges, nuclear plants, and airports.
Key operating metrics (2023) show revenue of roughly €2.3 billion and an EBITDA margin of about 12%, reflecting relatively stable cash generation despite cyclical construction demand. The company’s growth is tied to two sector drivers: (1) global cement demand, which the International Energy Agency estimates will rise ~5 % CAGR through 2030, especially in emerging economies where Vicat has a foothold; and (2) tightening carbon-emission regulations, prompting Vicat’s recent investments in low-carbon clinker and alternative fuels to mitigate a projected 20 % increase in CO₂ pricing risk. A material risk is the sensitivity of construction activity to macro-economic shocks, which could compress margins if GDP growth slows in its key markets.
For a deeper, data-driven assessment of Vicat’s valuation and risk profile, you may find the analyst tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 538.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 6.35 > 1.0 |
| NWC/Revenue: 6.99% < 20% (prev 14.13%; Δ -7.14% < -1%) |
| CFO/TA 0.20 > 3% & CFO 1.28b > Net Income 538.7m |
| Net Debt (1.38b) to EBITDA (1.34b): 1.03 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.8m) vs 12m ago -0.40% < -2% |
| Gross Margin: 35.77% > 18% (prev 0.31%; Δ 3546 % > 0.5%) |
| Asset Turnover: 122.5% > 50% (prev 59.74%; Δ 62.75% > 0%) |
| Interest Coverage Ratio: 4.27 > 6 (EBITDA TTM 1.34b / Interest Expense TTM 195.8m) |
ValueRay F-Score (Strict, 0-100) 83.43
| 1. Piotroski: 8.50pt |
| 2. FCF Yield: 12.70% |
| 3. FCF Margin: 7.87% |
| 4. Debt/Equity: 0.69 |
| 5. Debt/Ebitda: 1.03 |
| 6. ROIC - WACC: 8.73% |
| 7. RoE: 19.18% |
| 8. Revenue Trend: 92.09% |
| 9. EPS Trend: -8.86% |
What is the price of VCT shares?
Over the past week, the price has changed by +1.79%, over one month by +5.98%, over three months by +27.27% and over the past year by +113.20%.
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 | 91 | 14% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 109.1 | 36.7% |
VCT Fundamental Data Overview January 20, 2026
P/E Trailing = 12.7934
P/E Forward = 10.4493
P/S = 0.8996
P/B = 1.2423
Revenue TTM = 7.79b EUR
EBIT TTM = 836.1m EUR
EBITDA TTM = 1.34b EUR
Long Term Debt = 1.39b EUR (from longTermDebt, last quarter)
Short Term Debt = 363.5m EUR (from shortTermDebt, last quarter)
Debt = 1.91b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.38b EUR (from netDebt column, last quarter)
Enterprise Value = 4.83b EUR (3.45b + Debt 1.91b - CCE 529.1m)
Interest Coverage Ratio = 4.27 (Ebit TTM 836.1m / Interest Expense TTM 195.8m)
EV/FCF = 7.87x (Enterprise Value 4.83b / FCF TTM 613.3m)
FCF Yield = 12.70% (FCF TTM 613.3m / Enterprise Value 4.83b)
FCF Margin = 7.87% (FCF TTM 613.3m / Revenue TTM 7.79b)
Net Margin = 6.91% (Net Income TTM 538.7m / Revenue TTM 7.79b)
Gross Margin = 35.77% ((Revenue TTM 7.79b - Cost of Revenue TTM 5.01b) / Revenue TTM)
Gross Margin QoQ = 35.26% (prev 37.51%)
Tobins Q-Ratio = 0.76 (Enterprise Value 4.83b / Total Assets 6.37b)
Interest Expense / Debt = 1.86% (Interest Expense 35.6m / Debt 1.91b)
Taxrate = 26.29% (41.3m / 157.1m)
NOPAT = 616.3m (EBIT 836.1m * (1 - 26.29%))
Current Ratio = 1.43 (Total Current Assets 1.81b / Total Current Liabilities 1.26b)
Debt / Equity = 0.69 (Debt 1.91b / totalStockholderEquity, last quarter 2.77b)
Debt / EBITDA = 1.03 (Net Debt 1.38b / EBITDA 1.34b)
Debt / FCF = 2.25 (Net Debt 1.38b / FCF TTM 613.3m)
Total Stockholder Equity = 2.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.47% (Net Income 538.7m / Total Assets 6.37b)
RoE = 19.18% (Net Income TTM 538.7m / Total Stockholder Equity 2.81b)
RoCE = 19.92% (EBIT 836.1m / Capital Employed (Equity 2.81b + L.T.Debt 1.39b))
RoIC = 13.58% (NOPAT 616.3m / Invested Capital 4.54b)
WACC = 4.85% (E(3.45b)/V(5.36b) * Re(6.77%) + D(1.91b)/V(5.36b) * Rd(1.86%) * (1-Tc(0.26)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.10%
[DCF Debug] Terminal Value 86.59% ; FCFF base≈451.5m ; Y1≈463.3m ; Y5≈516.5m
Fair Price DCF = 313.9 (EV 15.36b - Net Debt 1.38b = Equity 13.98b / Shares 44.5m; r=5.90% [WACC]; 5y FCF grow 2.56% → 2.90% )
EPS Correlation: -8.86 | EPS CAGR: -41.64% | SUE: 0.0 | # QB: 0
Revenue Correlation: 92.09 | Revenue CAGR: 10.64% | SUE: 0.86 | # QB: 1
EPS next Year (2026-12-31): EPS=6.83 | Chg30d=+0.062 | Revisions Net=-2 | Growth EPS=+14.0% | Growth Revenue=+3.8%