Logo image of BVI.PA

BUREAU VERITAS SA (BVI.PA) Stock Fundamental Analysis

Europe - Euronext Paris - EPA:BVI - FR0006174348 - Common Stock

26.11 EUR
+0.31 (+1.2%)
Last: 12/11/2025, 10:01:17 AM
Fundamental Rating

5

Taking everything into account, BVI scores 5 out of 10 in our fundamental rating. BVI was compared to 32 industry peers in the Professional Services industry. While BVI has a great profitability rating, there are some minor concerns on its financial health. BVI has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year BVI was profitable.
BVI had a positive operating cash flow in the past year.
In the past 5 years BVI has always been profitable.
Each year in the past 5 years BVI had a positive operating cash flow.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

BVI has a Return On Assets of 10.02%. This is amongst the best in the industry. BVI outperforms 81.25% of its industry peers.
BVI has a better Return On Equity (45.56%) than 81.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.55%, BVI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
BVI had an Average Return On Invested Capital over the past 3 years of 11.83%. This is in line with the industry average of 12.00%.
The last Return On Invested Capital (15.55%) for BVI is above the 3 year average (11.83%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 10.02%
ROE 45.56%
ROIC 15.55%
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.83%
ROIC(5y)10.4%
BVI.PA Yearly ROA, ROE, ROICBVI.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

BVI has a better Profit Margin (10.25%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of BVI has grown nicely.
With a decent Operating Margin value of 14.50%, BVI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
BVI's Operating Margin has been stable in the last couple of years.
The Gross Margin of BVI (103.28%) is better than 100.00% 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 14.5%
PM (TTM) 10.25%
GM 103.28%
OM growth 3Y1.16%
OM growth 5Y0.48%
PM growth 3Y2.57%
PM growth 5Y4.79%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

5

2. Health

2.1 Basic Checks

BVI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for BVI has been reduced compared to 1 year ago.
The number of shares outstanding for BVI has been increased compared to 5 years ago.
The debt/assets ratio for BVI is higher compared to a year ago.
BVI.PA Yearly Shares OutstandingBVI.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

BVI has an Altman-Z score of 3.19. This indicates that BVI is financially healthy and has little risk of bankruptcy at the moment.
BVI has a Altman-Z score of 3.19. This is in the better half of the industry: BVI outperforms 68.75% of its industry peers.
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 78.13% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that BVI has dependencies on debt financing.
BVI's Debt to Equity ratio of 1.56 is on the low side compared to the rest of the industry. BVI is outperformed by 68.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 3.04
Altman-Z 3.19
ROIC/WACC2.33
WACC6.67%
BVI.PA Yearly LT Debt VS Equity VS FCFBVI.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

BVI has a Current Ratio of 1.17. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BVI (1.17) is comparable to the rest of the industry.
A Quick Ratio of 1.17 indicates that BVI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.17, BVI is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 1.17
BVI.PA Yearly Current Assets VS Current LiabilitesBVI.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 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.
BVI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.23% yearly.
The Revenue has been growing slightly by 7.12% in the past year.
Measured over the past years, BVI shows a small growth in Revenue. The Revenue has been growing by 4.12% on average per year.
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

BVI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.82% yearly.
Based on estimates for the next years, BVI will show a small growth in Revenue. The Revenue will grow by 7.13% on average per year.
EPS Next Y4.75%
EPS Next 2Y6.66%
EPS Next 3Y7.15%
EPS Next 5Y7.82%
Revenue Next Year4.48%
Revenue Next 2Y4.92%
Revenue Next 3Y5.31%
Revenue Next 5Y7.13%

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 2014 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 2014 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

With a Price/Earnings ratio of 18.78, BVI is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of BVI indicates a somewhat cheap valuation: BVI is cheaper than 68.75% of the companies listed in the same industry.
BVI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 16.63 indicates a correct valuation of BVI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BVI is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.80. BVI is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 18.78
Fwd PE 16.63
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.
65.63% of the companies in the same industry are more expensive than BVI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 13.94
EV/EBITDA 10.97
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 BVI does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of BVI may justify a higher PE ratio.
PEG (NY)3.95
PEG (5Y)3.01
EPS Next 2Y6.66%
EPS Next 3Y7.15%

4

5. Dividend

5.1 Amount

BVI has a Yearly Dividend Yield of 3.36%.
BVI's Dividend Yield is a higher than the industry average which is at 3.47.
BVI's Dividend Yield is a higher than the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 3.36%

5.2 History

On average, the dividend of BVI grows each year by 32.56%, which is quite nice.
Dividend Growth(5Y)32.56%
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

64.52% of the earnings are spent on dividend by BVI. This is not a sustainable payout ratio.
BVI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP64.52%
EPS Next 2Y6.66%
EPS Next 3Y7.15%
BVI.PA Yearly Income VS Free CF VS DividendBVI.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 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 (12/11/2025, 10:01:17 AM)

26.11

+0.31 (+1.2%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)10-23 2025-10-23
Earnings (Next)02-23 2026-02-23/amc
Inst Owners46.22%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap11.85B
Revenue(TTM)6.41B
Net Income(TTM)657.00M
Analysts81
Price Target34.09 (30.56%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.36%
Yearly Dividend0.9
Dividend Growth(5Y)32.56%
DP64.52%
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)-0.47%
PT rev (3m)-0.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.12%
EPS NY rev (3m)-0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.06%
Valuation
Industry RankSector Rank
PE 18.78
Fwd PE 16.63
P/S 1.85
P/FCF 13.94
P/OCF 11.84
P/B 8.22
P/tB N/A
EV/EBITDA 10.97
EPS(TTM)1.39
EY5.32%
EPS(NY)1.57
Fwd EY6.01%
FCF(TTM)1.87
FCFY7.17%
OCF(TTM)2.21
OCFY8.45%
SpS14.13
BVpS3.17
TBVpS-2.53
PEG (NY)3.95
PEG (5Y)3.01
Graham Number9.96
Profitability
Industry RankSector Rank
ROA 10.02%
ROE 45.56%
ROCE 22.81%
ROIC 15.55%
ROICexc 19.79%
ROICexgc 103.18%
OM 14.5%
PM (TTM) 10.25%
GM 103.28%
FCFM 13.26%
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.83%
ROIC(5y)10.4%
ROICexc(3y)16.61%
ROICexc(5y)14.86%
ROICexgc(3y)78.48%
ROICexgc(5y)69.86%
ROCE(3y)17.36%
ROCE(5y)15.27%
ROICexgc growth 3Y20.36%
ROICexgc growth 5Y9.89%
ROICexc growth 3Y8.49%
ROICexc growth 5Y5.24%
OM growth 3Y1.16%
OM growth 5Y0.48%
PM growth 3Y2.57%
PM growth 5Y4.79%
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 51.71%
Cap/Sales 2.36%
Interest Coverage 24.47
Cash Conversion 81.91%
Profit Quality 129.38%
Current Ratio 1.17
Quick Ratio 1.17
Altman-Z 3.19
F-Score7
WACC6.67%
ROIC/WACC2.33
Cap/Depr(3y)49.77%
Cap/Depr(5y)44.08%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.38%
Profit Quality(3y)144.21%
Profit Quality(5y)231.79%
High Growth Momentum
Growth
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
EPS Next Y4.75%
EPS Next 2Y6.66%
EPS Next 3Y7.15%
EPS Next 5Y7.82%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
Revenue Next Year4.48%
Revenue Next 2Y4.92%
Revenue Next 3Y5.31%
Revenue Next 5Y7.13%
EBIT growth 1Y10.05%
EBIT growth 3Y9.06%
EBIT growth 5Y4.62%
EBIT Next Year37.23%
EBIT Next 3Y15.96%
EBIT Next 5Y12.68%
FCF growth 1Y23.58%
FCF growth 3Y8.48%
FCF growth 5Y4.31%
OCF growth 1Y18.6%
OCF growth 3Y8.18%
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 5 / 10 to BVI.PA.


What is the valuation status of BUREAU VERITAS SA (BVI.PA) stock?

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


What is the profitability of BVI stock?

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


Can you provide the financial health for BVI stock?

The financial health rating of BUREAU VERITAS SA (BVI.PA) is 5 / 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 4.75% in the next year.