BUREAU VERITAS SA (BVI.PA) Stock Fundamental Analysis

EPA:BVI • FR0006174348

27.08 EUR
+0.04 (+0.15%)
Last: Feb 17, 2026, 11:23 AM
Fundamental Rating

6

Taking everything into account, BVI scores 6 out of 10 in our fundamental rating. BVI was compared to 34 industry peers in the Professional Services industry. BVI scores excellent on profitability, but there are some minor concerns on its financial health. BVI is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • BVI had positive earnings in the past year.
  • BVI had a positive operating cash flow in the past year.
  • In the past 5 years BVI has always been profitable.
  • In the past 5 years BVI always reported a positive cash flow from operatings.
BVI.PA Yearly Net Income VS EBIT VS OCF VS FCFBVI.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • BVI has a better Return On Assets (10.02%) than 85.29% of its industry peers.
  • BVI has a better Return On Equity (45.59%) than 85.29% of its industry peers.
  • BVI has a Return On Invested Capital of 15.56%. This is amongst the best in the industry. BVI outperforms 82.35% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BVI is in line with the industry average of 11.18%.
  • The 3 year average ROIC (11.84%) for BVI is below the current ROIC(15.56%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 10.02%
ROE 45.59%
ROIC 15.56%
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
BVI.PA Yearly ROA, ROE, ROICBVI.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • BVI has a better Profit Margin (10.25%) than 76.47% of its industry peers.
  • BVI's Profit Margin has improved in the last couple of years.
  • BVI's Operating Margin of 14.51% is fine compared to the rest of the industry. BVI outperforms 76.47% of its industry peers.
  • In the last couple of years the Operating Margin of BVI has remained more or less at the same level.
  • BVI's Gross Margin of 103.28% is amongst the best of the industry. BVI outperforms 97.06% of its industry peers.
  • In the last couple of years the Gross Margin of BVI has remained more or less at the same level.
Industry RankSector Rank
OM 14.51%
PM (TTM) 10.25%
GM 103.28%
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
BVI.PA Yearly Profit, Operating, Gross MarginsBVI.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BVI is creating value.
  • BVI has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for BVI remains at a similar level compared to 5 years ago.
  • BVI has a worse debt/assets ratio than last year.
BVI.PA Yearly Shares OutstandingBVI.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
BVI.PA Yearly Total Debt VS Total AssetsBVI.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 3.26 indicates that BVI is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.26, BVI is doing good in the industry, outperforming 79.41% of the companies in the same industry.
  • The Debt to FCF ratio of BVI is 3.04, which is a good value as it means it would take BVI, 3.04 years of fcf income to pay off all of its debts.
  • BVI has a better Debt to FCF ratio (3.04) than 79.41% of its industry peers.
  • BVI has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
  • BVI has a Debt to Equity ratio of 1.56. This is in the lower half of the industry: BVI underperforms 70.59% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 3.04
Altman-Z 3.26
ROIC/WACC2.28
WACC6.82%
BVI.PA Yearly LT Debt VS Equity VS FCFBVI.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • BVI has a Current Ratio of 1.18. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
  • BVI has a Current ratio (1.18) which is in line with its industry peers.
  • BVI has a Quick Ratio of 1.18. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
  • BVI's Quick ratio of 1.18 is in line compared to the rest of the industry. BVI outperforms 58.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 1.18
BVI.PA Yearly Current Assets VS Current LiabilitesBVI.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.92% over the past year.
  • Measured over the past 5 years, BVI shows a small growth in Earnings Per Share. The EPS has been growing by 6.23% on average per year.
  • Looking at the last year, BVI shows a small growth in Revenue. The Revenue has grown by 7.12% in the last year.
  • BVI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.12% yearly.
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%

3.2 Future

  • Based on estimates for the next years, BVI will show a small growth in Earnings Per Share. The EPS will grow by 7.82% on average per year.
  • Based on estimates for the next years, BVI will show a small growth in Revenue. The Revenue will grow by 5.35% on average per year.
EPS Next Y4.35%
EPS Next 2Y6.66%
EPS Next 3Y7.05%
EPS Next 5Y7.82%
Revenue Next Year4.32%
Revenue Next 2Y4.72%
Revenue Next 3Y5.15%
Revenue Next 5Y5.35%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BVI.PA Yearly Revenue VS EstimatesBVI.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
BVI.PA Yearly EPS VS EstimatesBVI.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5

4

4. Valuation

4.1 Price/Earnings Ratio

  • BVI is valuated rather expensively with a Price/Earnings ratio of 19.48.
  • Based on the Price/Earnings ratio, BVI is valued a bit cheaper than the industry average as 67.65% of the companies are valued more expensively.
  • BVI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
  • BVI is valuated rather expensively with a Price/Forward Earnings ratio of 17.25.
  • BVI's Price/Forward Earnings ratio is in line with the industry average.
  • BVI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 19.48
Fwd PE 17.25
BVI.PA Price Earnings VS Forward Price EarningsBVI.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BVI's Enterprise Value to EBITDA is on the same level as the industry average.
  • BVI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 14.46
EV/EBITDA 11.43
BVI.PA Per share dataBVI.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of BVI may justify a higher PE ratio.
PEG (NY)4.48
PEG (5Y)3.13
EPS Next 2Y6.66%
EPS Next 3Y7.05%

5

5. Dividend

5.1 Amount

  • BVI has a Yearly Dividend Yield of 3.33%.
  • Compared to an average industry Dividend Yield of 2.59, BVI pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, BVI pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.33%

5.2 History

  • The dividend of BVI is nicely growing with an annual growth rate of 32.58%!
Dividend Growth(5Y)32.58%
Div Incr Years4
Div Non Decr Years4
BVI.PA Yearly Dividends per shareBVI.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • BVI pays out 64.42% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of BVI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP64.42%
EPS Next 2Y6.66%
EPS Next 3Y7.05%
BVI.PA Yearly Income VS Free CF VS DividendBVI.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BVI.PA Dividend Payout.BVI.PA Dividend Payout, showing the Payout Ratio.BVI.PA Dividend Payout.PayoutRetained Earnings

BUREAU VERITAS SA

EPA:BVI (2/17/2026, 11:23:48 AM)

27.08

+0.04 (+0.15%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)10-23
Earnings (Next)02-25
Inst Owners46.89%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.29B
Revenue(TTM)6.41B
Net Income(TTM)657.30M
Analysts80
Price Target34.06 (25.78%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.33%
Yearly Dividend0.9
Dividend Growth(5Y)32.58%
DP64.42%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.23%
EPS NY rev (3m)-0.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.26%
Valuation
Industry RankSector Rank
PE 19.48
Fwd PE 17.25
P/S 1.92
P/FCF 14.46
P/OCF 12.28
P/B 8.52
P/tB N/A
EV/EBITDA 11.43
EPS(TTM)1.39
EY5.13%
EPS(NY)1.57
Fwd EY5.8%
FCF(TTM)1.87
FCFY6.91%
OCF(TTM)2.21
OCFY8.14%
SpS14.13
BVpS3.18
TBVpS-2.53
PEG (NY)4.48
PEG (5Y)3.13
Graham Number9.97
Profitability
Industry RankSector Rank
ROA 10.02%
ROE 45.59%
ROCE 22.82%
ROIC 15.56%
ROICexc 19.81%
ROICexgc 103.06%
OM 14.51%
PM (TTM) 10.25%
GM 103.28%
FCFM 13.25%
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
ROICexc(3y)16.62%
ROICexc(5y)14.87%
ROICexgc(3y)78.54%
ROICexgc(5y)69.9%
ROCE(3y)17.37%
ROCE(5y)15.28%
ROICexgc growth 3Y20.39%
ROICexgc growth 5Y9.91%
ROICexc growth 3Y8.51%
ROICexc growth 5Y5.26%
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
F-Score7
Asset Turnover0.98
Health
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 3.04
Debt/EBITDA 1.84
Cap/Depr 51.83%
Cap/Sales 2.36%
Interest Coverage 24.55
Cash Conversion 81.89%
Profit Quality 129.27%
Current Ratio 1.18
Quick Ratio 1.18
Altman-Z 3.26
F-Score7
WACC6.82%
ROIC/WACC2.28
Cap/Depr(3y)49.76%
Cap/Depr(5y)44.07%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.38%
Profit Quality(3y)144.23%
Profit Quality(5y)231.8%
High Growth Momentum
Growth
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
EPS Next Y4.35%
EPS Next 2Y6.66%
EPS Next 3Y7.05%
EPS Next 5Y7.82%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
Revenue Next Year4.32%
Revenue Next 2Y4.72%
Revenue Next 3Y5.15%
Revenue Next 5Y5.35%
EBIT growth 1Y10.12%
EBIT growth 3Y9.08%
EBIT growth 5Y4.64%
EBIT Next Year37.12%
EBIT Next 3Y15.88%
EBIT Next 5Y11.29%
FCF growth 1Y23.54%
FCF growth 3Y8.5%
FCF growth 5Y4.31%
OCF growth 1Y18.59%
OCF growth 3Y8.19%
OCF growth 5Y4.06%

BUREAU VERITAS SA / BVI.PA FAQ

Can you provide the ChartMill fundamental rating for BUREAU VERITAS SA?

ChartMill assigns a fundamental rating of 6 / 10 to BVI.PA.


Can you provide the valuation status for BUREAU VERITAS SA?

ChartMill assigns a valuation rating of 4 / 10 to BUREAU VERITAS SA (BVI.PA). This can be considered as Fairly Valued.


Can you provide the profitability details for BUREAU VERITAS SA?

BUREAU VERITAS SA (BVI.PA) has a profitability rating of 8 / 10.


What is the earnings growth outlook for BUREAU VERITAS SA?

The Earnings per Share (EPS) of BUREAU VERITAS SA (BVI.PA) is expected to grow by 4.35% in the next year.


Can you provide the dividend sustainability for BVI stock?

The dividend rating of BUREAU VERITAS SA (BVI.PA) is 5 / 10 and the dividend payout ratio is 64.42%.