Compagnie De Saint-gobain Share Discussion Threads

[ariane] 16/7/2019 10:23

Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.

Strengths

The group usually releases upbeat results with huge surprise rates.

The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.64 for the 2019 fiscal year.

With a P/E ratio at 10.34 for the current year and 9.42 for next year, earnings multiples are highly attractive compared with competitors
.
The company is one of the best yield companies with high dividend expectations.

For the last week, the earnings per share forecast has been revised upwards.

According to recent estimates, analysts give a positive overview of the stock

For the last few months, EPS revisions have remained quite promising.

Analysts now anticipate higher profitability levels than before.


Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.

The company sustains low margins.

[waldron] 15/7/2019 06:54

07/12/2019 | 11:56
purchase
In progress
Entrance course: 33.65 € | Objective: 36 € | Stop: 32.3 € | Potential: 6.98%
The technical configuration of the Saint-Gobain title gives signs of a militant reversal in favor of the return of a positive medium-term orientation.
We can position ourselves at the purchase to target the 36 €.
SAINT-GOBAIN Chart
Duration:
Period:

Saint-Gobain: Saint-Gobain Technical Analysis Chart | Stock Exchange area
Full screen graphic
Synthesis

The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility.
The company presents an interesting fundamental situation in a short-term investment perspective.


Strong points

From a graphic point of view, the timing seems appropriate near the support of 32.41 EUR.
Generally, the company publishes above consensus analysts with generally positive surprise rates.
The stock is valued on 2019 at 0.62 times its turnover, which represents very attractive valuation levels compared to other companies listed.
The company enjoys multiple attractive results. With a PER of 10.17 for 2019 and 9.28 for 2020, the company is among the cheapest in the market.
Investors looking for returns may find in this action a major interest.
Over the last 7 days, analysts have revised upward their company's EPS estimates.
The progression of earnings per share revisions appears very positive in recent months. Analysts now anticipate better profitability than previously.
The gap between current prices and the average price target of the analysts covering the file is relatively large and assumes a significant appreciation potential.


Weak points

The expected evolution of turnover suggests poor growth over the next few years.
The margins generated by the company are relatively low.

[la forge] 02/7/2019 18:08

Schneider Electric. JPMorgan raises its price target from 80 to 82 EUR and confirms its opinion "overweight"
Saint Gobain. Jefferies reiterates its advice "underperform" but revises upward its target price from 27.6 to 28 EUR.

[florenceorbis] 01/7/2019 07:33

Compagnie de Saint-Gobain SA (SGO.FR) said Monday that it will begin applying the new IFRS 16 accounting standard, retroactive to Jan. 1, 2018.

The French construction-materials company said it expects the impact of the new standard at the Jan. 1, 2019, transition date will be 3.01 billion euros ($3.42 billion) on debt and EUR2.74 billion on right-of-use assets.

The shift to IFRS 16 also means the company will restate its 2018 financial statements, it said.

Saint-Gobain said it expects the new standard will result in earnings before interest, taxes, depreciation and amortization increasing by EUR787 million for 2018, while operating income will increase by EUR85 million.

IFRS 16 aligns the accounting treatment of operating leases with that of finance leases, and its impact on Saint-Gobain's financial statements arises chiefly from leases of property assets, according to the company.



Write to Patrick Costello at [e-mail].



(END) Dow Jones Newswires

July 01, 2019 02:51 ET (06:51 GMT)

[grupo] 26/6/2019 06:15

Compagnie de Saint-Gobain S.A. (EPA:SGO) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of SGO, it is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Compagnie de Saint-Gobain here.
Excellent balance sheet average dividend payer

SGO is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. SGO's has produced operating cash levels of 0.23x total debt over the past year, which implies that SGO's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
ENXTPA:SGO Historical Debt, June 26th 2019
ENXTPA:SGO Historical Debt, June 26th 2019

SGO pays a decent dividend yield to its shareholders, exceeding the low-risk savings rate, which is able to compensate investors for taking on the risk of holding a risky stock over a riskless asset. That said, please remember that dividend yields are a function of stock prices and corporate profits, both of which can be volatile.
ENXTPA:SGO Historical Dividend Yield, June 26th 2019
ENXTPA:SGO Historical Dividend Yield, June 26th 2019
Next Steps:

For Compagnie de Saint-Gobain, there are three fundamental factors you should further research:

Future Outlook: What are well-informed industry analysts predicting for SGO’s future growth? Take a look at our free research report of analyst consensus for SGO’s outlook.
Historical Performance: What has SGO's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SGO? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at [e-mail]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

[grupo] 24/6/2019 07:45

google translation from french

20/06/2019 | 6:37 p.m.

Le Bourget (awp / afp) - The Saint-Gobain group aims to double its sales of products for the aviation sector in five to six years, said Thursday the general manager of the pole "High Performance Solutions" Laurent Guillot.

The aeronautics markets "grow very, very fast," Guillot said during a meeting with the press at the Paris Air Show.

"The goal is to double the turnover by five, six years," he said, adding that sales of aerospace products currently totaled about 250 million euros within his company.

"We can be very ambitious, which means to participate in the growth of the Saint-Gobain group," he added.

Over the last three years, High Performance Solutions, which account for 7.4 billion euros (18% of the group), have achieved average organic growth of 6% per year.

In comparison, the only aeronautical activity experienced 15% growth in the first half of the year, Guillot said.

"This is really one of the vectors on which we invest (...) in R & D and acquisitions," he continued. Saint-Gobain has made one acquisition a year in aeronautics over the past five years.

"This is a very attractive growth market" that uses "the most demanding applications" and with innovations that "irrigate the group", said the CEO of Saint-Gobain Pierre-André de Chalendar.

"We immediately saw significant commercial synergies, which opens up contacts with aerospace customers and gives Saint-Gobain a big effect in this market," said de Chalendar.

Saint-Gobain manufactures windshields that equip major aircraft manufacturers, military aircraft, business jets and helicopters, and provides airlines with replacement parts.

The group also supplies radomes, elements that protect antennas on aircraft, as well as a range of seals for aircraft engines or rocket fuel tanks.

The High Performance Solutions division is the result of the group's reorganization at the beginning of the year, with locally managed construction products by country, and all the world-wide technological products on the one hand. .

The high-performance division spends € 300 million a year on research and development, or about half of the group's R & D.

afp / rp

[grupo] 24/6/2019 07:15

Saint-Gobain: continuation of the rebound (4058T)

Our Preference: As long as 32.99 is support, we expect a rise to 37.2.
Call adapted: strike: 35 - maturity: 3/18/2020 - bid / ask: 0.44 / 0.444 - delta: ND - Kilovar: 200 - Mnemo: 4058T

Swivel: 32.99

Alternative scenario: Only the breakout of 32.99 will invalidate our scenario. In this case, a correction towards 31.97 should emerge.
Put adapted: strike: 35 - maturity: 12/18/2019 - bid / ask: 0.648 / 0.656 - delta: ND - Kilovar: 300 - Mnemo: 4005T

[grupo] 16/6/2019 07:59

Saint Gobain. Morgan Stanley reduces from "overweight" to "online weighting," while lowering its price target from 39.2 to 37.5 euros.

[grupo guitarlumber] 14/6/2019 17:53

PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain announced Friday that it has canceled 6 million treasury shares bought on the market. The total number of shares making up the capital now stands at 546.6 million shares, the group said in a statement. ([e-mail]) ed: VLV


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


June 14, 2019 12:08 ET (16:08 GMT)

[ariane] 13/6/2019 13:49

invest.fr | The 06/13/19 at 09:37 | Updated on 13/06/19 at 09:58
Morgan Stanley lowered both its opinion and its target course on the building materials specialist.

Saint-Gobain victim of Morgan Stanley |


Bottom of the classification of CAC 40, Thursday, the title Saint-Gobain, which loses 0.84% ​​to 33.21 euros, suffered the counter shock of a deterioration of Morgan Stanley. The broker went from "overweight" to "online weighting", while lowering its price target from 39.2 euros to 37.5 euros.

While the construction materials giant is exposed to attractive end markets, mainly in Europe and North America, its bullish potential is limited by a bad cash conversion - it is on average 18% over the last three years, compared to 39% in the sector - and a mixed performance of portfolio management, says Morgan Stanley analyst, who identifies better opportunities, such as CRH and LafargeHolcim.

[waldron] 12/6/2019 06:12

Saint-Gobain: Jefferies remains with underperform and ups target from 27.20 to 27.60 EUR.

[the grumpy old men] 11/6/2019 18:02

SAINT-GOBAIN, the largest increase in the CAC 40 at the end of Tuesday, June 11, 2019 -

Posted on 11/06/2019 at 6:02 pm

Find this content later by pressing this button

(AOF) - SAINT-GOBAIN (+ 2.68% to 33.48 euros)

The group signs its third consecutive session on the rise. It remains well oriented (+ 1.47%) over the last five cumulative sessions.

AOF - LEARN MORE

Strengths of value

- World leader in housing, created in 1665;

- Group organized into three divisions, distribution for building for 46%, products for construction (29%) and innovative materials;

- Positioning in the field of improving the energy efficiency of buildings, renovation accounting for 51% of sales, ahead of new construction (33%) and industries (16% of which 8% for transport);

- Increase in the international power, the share of France decreasing to about 25%;

- Industrial reorganization in 2019 into four regional entities - Northern Europe, Southern Europe-Middle East-Africa, the Americas and Asia-Pacific - plus a global "High Performance Solutions" entity grouping materials high performance and automotive glazing;

- Priority given to high value-added products and solutions, relying in particular on partnerships with start-up incubators;

- Local rooting of the distribution branch's operations;

- Financially interesting exit from the conflict with the Swiss Sika and purchase of the British SigRoofspace;

- Sound financial position, allowing great generosity for the shareholder (share buybacks and high return).

Weaknesses in value

- Cyclical nature of the activity, 4 / 5ths of sales being made in the construction sector;

- Difference in margins between branches - those of distribution being barely above 4%, against 11% in innovative materials and products for construction - and between geographical areas - less than 6% in Western Europe, more than double elsewhere ;

- Always low visibility in Germany and the United Kingdom;

- Negative impact of foreign exchange and rising variable costs (paper, asphalt ...);

- Disappointment of investors after slight downward revision of 2018 results.

How to follow the value

- Evolution in Europe of housing starts and building permits;

- Positive impact of the new government, especially in the energy efficiency sector (about 1/3 of sales in France);

- Mid-term objectives: focus on innovation and "new geographies" and reinforcement of local market shares aiming to generate an operating margin between 8.3 and 9.8%;

- 2019 program of € 3 billion in disposals and cost reductions;

- Exploded capital, Wendel having reduced its position to 2.5% of the capital and 4.5% of the voting rights), characterized by a high level of employee involvement (7.4%).

Chinese cement companies are upsetting the codes of the global sector. They benefit from low production costs and excellent performance, proof of international expansion. Until now, China consumed nearly 60% of the world's cement and overcapacity was pulling its prices down. But the Chinese government, seeking to reduce pollution, has closed some cement plants, causing an increase in prices. As a result some analysts consider that China is one of the most profitable markets. In 2018, prices rose by 22%. Three groups dominate the market: the giant Anhui Conch, Huaxin and CRC. To consolidate their power, they are conducting acquisitions, notably with LafargeHolcim and HeidelbergCement.

[the grumpy old men] 10/6/2019 08:07

10/06/19 Final EX dividend

[florenceorbis] 05/6/2019 11:34

5/06/2019 | 9:42
purchase
In progress
Course of entry: 33.265 € | Objective: 36 € | Stop: 31.5 € | Potential: 8.22%
The title Saint-Gobain consolidates for several weeks. The return of prices close to a low bollard gives good timing to the opening of bullish positions.
We can position ourselves at the purchase to target the 36 €.
SAINT-GOBAIN Chart
Duration:
Period:

Saint-Gobain: Saint-Gobain Technical Analysis Chart | Stock Exchange area
Full screen graphic
Synthesis

The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility.
In a general way and in a short-term perspective, the company presents an interesting fundamental situation.


Strong points

Historically, the group publishes activity figures above expectations.
The stock is valued on 2019 at 0.62 times its turnover, which represents very attractive valuation levels compared to other companies listed.
The company enjoys multiple attractive results. With a PER of 10.59 for 2019 and 9.52 for 2020, the company is one of the cheapest on the market.
The company is part of the yield values ​​with a relatively large expected dividend.
The analysts' average price target is relatively remote and assumes significant appreciation potential.


Weak points

The expected evolution of turnover suggests poor growth over the next few years.

[la forge] 28/5/2019 19:54

28/05/2019 | 6:44 p.m.
The Saint-Gobain group announces Tuesday that it has acquired Pritex, specialized in acoustic and thermal solutions in composite polymer materials for the mobility market.

Pritex employs 240 people and has a turnover of nearly 20 million euros in 2018. Founded 60 years ago, the company is based in the United Kingdom and has a strong presence in Europe.

The amount of the transaction was not disclosed.

[florenceorbis] 28/5/2019 18:12

RNS Number : 3883A

Compagnie de Saint-Gobain

28 May 2019

PRESS RELEASE

May 28, 2019

Saint-Gobain acquires an acoustic solutionS provider

Saint-Gobain has acquired Pritex, a key player in acoustic and thermal insulation solutions made from polymer-based composite materials and intended for the mobility market.

This acquisition will allow the Mobility business unit of Saint-Gobain High Performance Solutions to expand its business model beyond automotive glazing and become a provider of solutions in the mobility market for comfort, safety and energy saving. With the development of electric vehicles, the need for differentiated noise control and lightweight solutions is gaining momentum. Pritex's expertise in thermo-acoustic insulation materials and design combined with Sekurit's thin glazing capabilities enables an extended offer for customized acoustic and thermal solutions for the automotive market.

Pritex employs 240 people and achieved close to EUR20 million in sales in 2018. The 60-year old company, based in the United Kingdom, is developing a strong presence in Europe.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

EUR41.8 billion in sales in 2018

Operates in 67 countries

More than 180,000 employees

To learn more about Saint-Gobain

go to www.saint-gobain.com

and follow us on Twitter @saintgobain

[florenceorbis] 28/5/2019 18:11

Dow Jones | The 28/05/19 at 18:31 | Updated on the 28/05/19 at 18:39
SAINT GOBAIN
Saint-Gobain acquires UK supplier of acoustic solutions Pritex | Photo credits: Saint-Gobain Glass India

PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain announced Tuesday the acquisition of the British group Pritex, a provider of acoustic and thermal composite polymer materials solutions for the mobility market.

The amount of the transaction was not mentioned.

"This acquisition will enable Saint-Gobain High Performance Solutions' Mobility business to extend its growth model beyond glass and become a solutions provider for the mobility market targeting comfort, safety and security. energy savings, "said Saint-Gobain in a statement.

Pritex, which employs 240 people, recorded a turnover of nearly 20 million euros in 2018, said Saint-Gobain.

-Alice Doré, Agefi-Dow Jones; [phone]; [e-mail] ed: LBO

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

May 28, 2019 12:31 ET (16:31 GMT)

[grupo] 20/5/2019 07:36

20/05/2019 | 9:03
Saint-Gobain announces that it has reached an agreement for the sale of its entire stake in Saint-Gobain Building Distribution Deutschland (SGBDD) to the Stark group, a player in the distribution of building materials in Scandinavia.

In 2018, SGBDD achieved a turnover of 1,924 million euros for an operating profit of 21 million. Mainly known for its brand Raab Karcher, it has about 220 points of sale and employs nearly 5,000 people.

The completion of the transaction, which will be based on an enterprise value of € 335 million, is subject to the approval of the European competition authority and should be effective in the second half of 2019.

[the grumpy old men] 12/5/2019 12:02

Recommendation by ALPHAVALUE

As of this article, I consider Saint-Gobain a "Hold" at these levels of ~€34-38/share. I won't be buying more of the company at this point.

I will update this article, or publish an updated thesis should things change, or/and in conjunction with future earnings updates.

[the grumpy old men] 02/5/2019 21:07

06/06/19 | 15:00 AGM