BUREAU VERITAS SA (BVI.PA) Fundamental Analysis & Valuation

EPA:BVI • FR0006174348

28.24 EUR
-0.1 (-0.35%)
Last: Mar 12, 2026, 07:00 PM

This BVI.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

BVI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 34 industry peers in the Professional Services industry. BVI has an excellent profitability rating, but there are some minor concerns on its financial health. BVI is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. BVI.PA Profitability Analysis

1.1 Basic Checks

  • BVI had positive earnings in the past year.
  • In the past year BVI had a positive cash flow from operations.
  • In the past 5 years BVI has always been profitable.
  • BVI had a positive operating cash flow in each of the past 5 years.
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 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 8.32%, BVI is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
  • BVI's Return On Equity of 34.37% is amongst the best of the industry. BVI outperforms 82.35% of its industry peers.
  • The Return On Invested Capital of BVI (12.94%) is better than 76.47% of its industry peers.
Industry RankSector Rank
ROA 8.32%
ROE 34.37%
ROIC 12.94%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BVI.PA Yearly ROA, ROE, ROICBVI.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 9.09%, BVI is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BVI has grown nicely.
  • BVI has a better Operating Margin (14.23%) than 76.47% of its industry peers.
  • In the last couple of years the Operating Margin of BVI has grown nicely.
  • With an excellent Gross Margin value of 103.32%, BVI belongs to the best of the industry, outperforming 97.06% of the companies in the same industry.
  • BVI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.23%
PM (TTM) 9.09%
GM 103.32%
OM growth 3Y4.94%
OM growth 5Y9.95%
PM growth 3Y3.26%
PM growth 5Y27.27%
GM growth 3Y2.38%
GM growth 5Y1.59%
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 2025 20 40 60 80 100

6

2. BVI.PA Health Analysis

2.1 Basic Checks

  • BVI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • There is no outstanding debt for BVI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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

  • BVI has an Altman-Z score of 3.31. This indicates that BVI is financially healthy and has little risk of bankruptcy at the moment.
  • BVI has a better Altman-Z score (3.31) than 73.53% of its industry peers.
  • BVI has a debt to FCF ratio of 3.59. This is a good value and a sign of high solvency as BVI would need 3.59 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 3.59, BVI is doing good in the industry, outperforming 67.65% of the companies in the same industry.
  • BVI has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.60, BVI is doing worse than 73.53% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.6
Debt/FCF 3.59
Altman-Z 3.31
ROIC/WACC1.72
WACC7.54%
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 2025 1B 2B 3B

2.3 Liquidity

  • BVI has a Current Ratio of 1.53. 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 of 1.53. This is amongst the best in the industry. BVI outperforms 82.35% of its industry peers.
  • BVI has a Quick Ratio of 1.53. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of BVI (1.53) is better than 88.24% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 1.53
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. BVI.PA Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 2.90% over the past year.
  • The Earnings Per Share has been growing by 17.28% on average over the past years. This is quite good.
  • Looking at the last year, BVI shows a small growth in Revenue. The Revenue has grown by 3.61% in the last year.
  • The Revenue has been growing slightly by 7.04% on average over the past years.
EPS 1Y (TTM)2.9%
EPS 3Y6.37%
EPS 5Y17.28%
EPS Q2Q%4.05%
Revenue 1Y (TTM)3.61%
Revenue growth 3Y4.6%
Revenue growth 5Y7.04%
Sales Q2Q%1.7%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.70% on average over the next years. This is quite good.
  • BVI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.49% yearly.
EPS Next Y10.64%
EPS Next 2Y9.53%
EPS Next 3Y8.7%
EPS Next 5YN/A
Revenue Next Year5.08%
Revenue Next 2Y5.58%
Revenue Next 3Y5.5%
Revenue Next 5Y6.49%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same 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

3

4. BVI.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.89, BVI is valued on the expensive side.
  • Based on the Price/Earnings ratio, BVI is valued a bit cheaper than 64.71% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.71, BVI is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 17.98, the valuation of BVI can be described as rather expensive.
  • 67.65% of the companies in the same industry are cheaper than BVI, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, BVI is valued a bit cheaper.
Industry RankSector Rank
PE 19.89
Fwd PE 17.98
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 ratio is in line with the industry average.
  • BVI's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 14.93
EV/EBITDA 11.94
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.
  • BVI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.87
PEG (5Y)1.15
EPS Next 2Y9.53%
EPS Next 3Y8.7%

5

5. BVI.PA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.18%, BVI has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.45, 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 3.18%

5.2 History

  • On average, the dividend of BVI grows each year by 32.58%, which is quite nice.
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 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • BVI pays out 73.13% 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.
DP73.13%
EPS Next 2Y9.53%
EPS Next 3Y8.7%
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 2025 200M 400M 600M 800M
BVI.PA Dividend Payout.BVI.PA Dividend Payout, showing the Payout Ratio.BVI.PA Dividend Payout.PayoutRetained Earnings

BVI.PA Fundamentals: All Metrics, Ratios and Statistics

BUREAU VERITAS SA

EPA:BVI (3/12/2026, 7:00:00 PM)

28.24

-0.1 (-0.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-25
Earnings (Next)04-22
Inst Owners47.19%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.82B
Revenue(TTM)6.47B
Net Income(TTM)588.00M
Analysts79.09
Price Target34.06 (20.61%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.18%
Yearly Dividend0.9
Dividend Growth(5Y)32.58%
DP73.13%
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)-0.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.07%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.45%
Valuation
Industry RankSector Rank
PE 19.89
Fwd PE 17.98
P/S 1.98
P/FCF 14.93
P/OCF 12.74
P/B 7.49
P/tB N/A
EV/EBITDA 11.94
EPS(TTM)1.42
EY5.03%
EPS(NY)1.57
Fwd EY5.56%
FCF(TTM)1.89
FCFY6.7%
OCF(TTM)2.22
OCFY7.85%
SpS14.25
BVpS3.77
TBVpS-2.11
PEG (NY)1.87
PEG (5Y)1.15
Graham Number10.97
Profitability
Industry RankSector Rank
ROA 8.32%
ROE 34.37%
ROCE 18.77%
ROIC 12.94%
ROICexc 18%
ROICexgc 74.01%
OM 14.23%
PM (TTM) 9.09%
GM 103.32%
FCFM 13.28%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y4.94%
OM growth 5Y9.95%
PM growth 3Y3.26%
PM growth 5Y27.27%
GM growth 3Y2.38%
GM growth 5Y1.59%
F-Score8
Asset Turnover0.92
Health
Industry RankSector Rank
Debt/Equity 1.6
Debt/FCF 3.59
Debt/EBITDA 2.24
Cap/Depr 49.08%
Cap/Sales 2.27%
Interest Coverage 22.6
Cash Conversion 82.48%
Profit Quality 146.04%
Current Ratio 1.53
Quick Ratio 1.53
Altman-Z 3.31
F-Score8
WACC7.54%
ROIC/WACC1.72
Cap/Depr(3y)51.52%
Cap/Depr(5y)48.47%
Cap/Sales(3y)2.43%
Cap/Sales(5y)2.41%
Profit Quality(3y)142.57%
Profit Quality(5y)147.57%
High Growth Momentum
Growth
EPS 1Y (TTM)2.9%
EPS 3Y6.37%
EPS 5Y17.28%
EPS Q2Q%4.05%
EPS Next Y10.64%
EPS Next 2Y9.53%
EPS Next 3Y8.7%
EPS Next 5YN/A
Revenue 1Y (TTM)3.61%
Revenue growth 3Y4.6%
Revenue growth 5Y7.04%
Sales Q2Q%1.7%
Revenue Next Year5.08%
Revenue Next 2Y5.58%
Revenue Next 3Y5.5%
Revenue Next 5Y6.49%
EBIT growth 1Y1.47%
EBIT growth 3Y9.77%
EBIT growth 5Y17.7%
EBIT Next Year33.65%
EBIT Next 3Y14.8%
EBIT Next 5Y12.82%
FCF growth 1Y0.4%
FCF growth 3Y6.81%
FCF growth 5Y3.86%
OCF growth 1Y0.45%
OCF growth 3Y6.4%
OCF growth 5Y4.45%

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.


Can you provide the valuation status for BUREAU VERITAS SA?

ChartMill assigns a valuation rating of 3 / 10 to BUREAU VERITAS SA (BVI.PA). This can be considered as Overvalued.


Can you provide the profitability details for BUREAU VERITAS SA?

BUREAU VERITAS SA (BVI.PA) has a profitability rating of 7 / 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 10.64% 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 73.13%.