CGG SA (CGG.PA) Stock Fundamental Analysis

Europe • Euronext Paris • EPA:CGG • FR0013181864

0.539 EUR
-0.02 (-3.68%)
Last: May 20, 2024, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CGG. CGG was compared to 36 industry peers in the Energy Equipment & Services industry. While CGG is still in line with the averages on profitability rating, there are concerns on its financial health. CGG may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • CGG had positive earnings in the past year.
  • CGG had a positive operating cash flow in the past year.
  • In multiple years CGG reported negative net income over the last 5 years.
  • Each year in the past 5 years CGG had a positive operating cash flow.
CGG.PA Yearly Net Income VS EBIT VS OCF VS FCFCGG.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 0 200M -200M 400M -400M

1.2 Ratios

  • The Return On Assets of CGG (0.87%) is worse than 68.42% of its industry peers.
  • Looking at the Return On Equity, with a value of 2.49%, CGG is doing worse than 65.79% of the companies in the same industry.
  • CGG has a worse Return On Invested Capital (3.08%) than 71.05% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CGG is significantly below the industry average of 10.18%.
  • The 3 year average ROIC (2.91%) for CGG is below the current ROIC(3.08%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 0.87%
ROE 2.49%
ROIC 3.08%
ROA(3y)-1.41%
ROA(5y)-3.8%
ROE(3y)-4.42%
ROE(5y)-11.41%
ROIC(3y)2.91%
ROIC(5y)2.84%
CGG.PA Yearly ROA, ROE, ROICCGG.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 -20 -40 -60 -80 -100

1.3 Margins

  • CGG has a worse Profit Margin (2.22%) than 65.79% of its industry peers.
  • With a Operating Margin value of 11.61%, CGG perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
  • CGG's Operating Margin has improved in the last couple of years.
  • CGG has a better Gross Margin (23.93%) than 63.16% of its industry peers.
  • In the last couple of years the Gross Margin of CGG has grown nicely.
Industry RankSector Rank
OM 11.61%
PM (TTM) 2.22%
GM 23.93%
OM growth 3Y36.06%
OM growth 5Y4.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.96%
GM growth 5Y1.69%
CGG.PA Yearly Profit, Operating, Gross MarginsCGG.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40

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2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CGG is destroying value.
  • CGG has about the same amout of shares outstanding than it did 1 year ago.
  • CGG has a worse debt/assets ratio than last year.
CGG.PA Yearly Shares OutstandingCGG.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M
CGG.PA Yearly Total Debt VS Total AssetsCGG.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B

2.2 Solvency

  • CGG has an Altman-Z score of 1.32. This is a bad value and indicates that CGG is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 1.32, CGG perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
  • The Debt to FCF ratio of CGG is 6.75, which is on the high side as it means it would take CGG, 6.75 years of fcf income to pay off all of its debts.
  • CGG has a Debt to FCF ratio (6.75) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.20 is on the high side and indicates that CGG has dependencies on debt financing.
  • The Debt to Equity ratio of CGG (1.20) is worse than 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.2
Debt/FCF 6.75
Altman-Z 1.32
ROIC/WACC0.52
WACC5.92%
CGG.PA Yearly LT Debt VS Equity VS FCFCGG.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

  • CGG has a Current Ratio of 1.69. This is a normal value and indicates that CGG is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.69, CGG is in line with its industry, outperforming 55.26% of the companies in the same industry.
  • A Quick Ratio of 1.33 indicates that CGG should not have too much problems paying its short term obligations.
  • CGG has a Quick ratio (1.33) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.69
Quick Ratio 1.33
CGG.PA Yearly Current Assets VS Current LiabilitesCGG.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

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4

3. Growth

3.1 Past

  • The earnings per share for CGG have decreased strongly by -64.26% in the last year.
  • CGG shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.26%.
  • CGG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.08% yearly.
EPS 1Y (TTM)-64.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95%
Revenue 1Y (TTM)23.26%
Revenue growth 3Y6.66%
Revenue growth 5Y-2.08%
Sales Q2Q%39.51%

3.2 Future

  • The Earnings Per Share is expected to grow by 56.64% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, CGG will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
EPS Next Y37.18%
EPS Next 2Y65.92%
EPS Next 3Y56.64%
EPS Next 5YN/A
Revenue Next Year0.71%
Revenue Next 2Y4.87%
Revenue Next 3Y5.31%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
CGG.PA Yearly Revenue VS EstimatesCGG.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B 2B
CGG.PA Yearly EPS VS EstimatesCGG.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 -5 -10 -15

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 26.95, the valuation of CGG can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of CGG indicates a slightly more expensive valuation: CGG is more expensive than 68.42% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.92. CGG is around the same levels.
  • Based on the Price/Forward Earnings ratio of 4.26, the valuation of CGG can be described as very cheap.
  • CGG's Price/Forward Earnings ratio is rather cheap when compared to the industry. CGG is cheaper than 94.74% of the companies in the same industry.
  • CGG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.78.
Industry RankSector Rank
PE 26.95
Fwd PE 4.26
CGG.PA Price Earnings VS Forward Price EarningsCGG.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CGG indicates a rather cheap valuation: CGG is cheaper than 84.21% of the companies listed in the same industry.
  • CGG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CGG is cheaper than 94.74% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.14
EV/EBITDA 3.38
CGG.PA Per share dataCGG.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1

4.3 Compensation for Growth

  • CGG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CGG's earnings are expected to grow with 56.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y65.92%
EPS Next 3Y56.64%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for CGG!.
Industry RankSector Rank
Dividend Yield N/A

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Find the best dividend stocksShow peers with best dividend

CGG SA

EPA:CGG (5/20/2024, 7:00:00 PM)

0.539

-0.02 (-3.68%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)05-14
Earnings (Next)07-30
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap384.66M
Revenue(TTM)1.15B
Net Income(TTM)25.50M
Analysts69.09
Price Target0.74 (37.29%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
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)-9.69%
PT rev (3m)-14.41%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-12.68%
EPS NY rev (3m)-15.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-5.16%
Valuation
Industry RankSector Rank
PE 26.95
Fwd PE 4.26
P/S 0.36
P/FCF 2.14
P/OCF 0.96
P/B 0.41
P/tB N/A
EV/EBITDA 3.38
EPS(TTM)0.02
EY3.71%
EPS(NY)0.13
Fwd EY23.45%
FCF(TTM)0.25
FCFY46.69%
OCF(TTM)0.56
OCFY103.68%
SpS1.48
BVpS1.32
TBVpS-0.85
PEG (NY)0.72
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.87%
ROE 2.49%
ROCE 5.64%
ROIC 3.08%
ROICexc 3.61%
ROICexgc 22.19%
OM 11.61%
PM (TTM) 2.22%
GM 23.93%
FCFM 17%
ROA(3y)-1.41%
ROA(5y)-3.8%
ROE(3y)-4.42%
ROE(5y)-11.41%
ROIC(3y)2.91%
ROIC(5y)2.84%
ROICexc(3y)3.36%
ROICexc(5y)3.39%
ROICexgc(3y)17.58%
ROICexgc(5y)17.82%
ROCE(3y)5.34%
ROCE(5y)5.22%
ROICexgc growth 3Y54.1%
ROICexgc growth 5Y4.94%
ROICexc growth 3Y50.21%
ROICexc growth 5Y6.87%
OM growth 3Y36.06%
OM growth 5Y4.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.96%
GM growth 5Y1.69%
F-Score5
Asset Turnover0.39
Health
Industry RankSector Rank
Debt/Equity 1.2
Debt/FCF 6.75
Debt/EBITDA 3.01
Cap/Depr 86.1%
Cap/Sales 20.75%
Interest Coverage 250
Cash Conversion 105.72%
Profit Quality 764.31%
Current Ratio 1.69
Quick Ratio 1.33
Altman-Z 1.32
F-Score5
WACC5.92%
ROIC/WACC0.52
Cap/Depr(3y)79.38%
Cap/Depr(5y)72%
Cap/Sales(3y)23.64%
Cap/Sales(5y)24.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95%
EPS Next Y37.18%
EPS Next 2Y65.92%
EPS Next 3Y56.64%
EPS Next 5YN/A
Revenue 1Y (TTM)23.26%
Revenue growth 3Y6.66%
Revenue growth 5Y-2.08%
Sales Q2Q%39.51%
Revenue Next Year0.71%
Revenue Next 2Y4.87%
Revenue Next 3Y5.31%
Revenue Next 5YN/A
EBIT growth 1Y-9.27%
EBIT growth 3Y45.12%
EBIT growth 5Y2.26%
EBIT Next Year149.22%
EBIT Next 3Y47.96%
EBIT Next 5YN/A
FCF growth 1Y86.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.44%
OCF growth 3Y26.18%
OCF growth 5Y9.39%

CGG SA / CGG.PA FAQ

Can you provide the ChartMill fundamental rating for CGG SA?

ChartMill assigns a fundamental rating of 4 / 10 to CGG.PA.


What is the valuation status for CGG stock?

ChartMill assigns a valuation rating of 7 / 10 to CGG SA (CGG.PA). This can be considered as Undervalued.


Can you provide the profitability details for CGG SA?

CGG SA (CGG.PA) has a profitability rating of 4 / 10.


What is the valuation of CGG SA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CGG SA (CGG.PA) is 26.95 and the Price/Book (PB) ratio is 0.41.


What is the earnings growth outlook for CGG SA?

The Earnings per Share (EPS) of CGG SA (CGG.PA) is expected to grow by 37.18% in the next year.