Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
CGG engages in the provision of data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, Latin America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments: Data, Digital & Energy Transition (DDE); and Sensing & Monitoring (SMO). The DDE segments engages in the developing and licensing Earth data seismic surveys; processing and imaging seismic data; sale of seismic data processing software under the Geovation brand; provision of geoscience and petroleum engineering consulting services; and collecting, developing, and licensing geological data. The SMO segment is involved in the design, engineering, and manufacturing of seismic equipment for the land and marine seismic data acquisition, including seismic recording equipment, software, and seismic sources for land vibrators or marine sources, and sensing and monitoring equipment and solutions under the Sercel, Metrolog, GRC, DeRegt, and Geocomp brand names. This segment also provides customer support services, such as training. It provides its solutions for natural resources, environmental, infrastructure, energy transition, and digital applications. The company was formerly known as Compagnie Générale de Géophysique Veritas SA and changed its name to CGG in 2013. CGG was incorporated in 1931 and is headquartered in Massy, France.
11.19% operating margin is respectable but not wide. ROIC at 2.58%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 16.0%, still solid. Margins contracted 5.6pp, which offsets some of the top-line progress.
ROIC dropped from 5.35% to 2.58%, capital efficiency is deteriorating. Net debt of $1.02B represents 5.8x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$1.15B
▲ +16.0% YoY
Net Income (TTM)
$30M
▼ -62.6% YoY
Op. Margin
11.66%
▼ -5.6pp YoY
ROIC
2.58%
▼ -2.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$216M
▲ +105.7% YoY
Op. Cash Flow (TTM)
$236M
▲ +87.6% YoY
Net Debt
$1.02B
Cash & Equiv.
$283M
3Y CAGR: +6.7%
Continue Research