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.
Samse SA is a leading French distributor of building materials and tools, specializing in the construction, home improvement, and industrial distribution sectors. Founded in 1920 and headquartered in Grenoble, the company operates approximately 80 points of sale across regions including Auvergne-Rhône-Alpes, Paca, and Gard, serving professional contractors, public works projects, and individual homeowners. Its extensive product portfolio encompasses insulation, partitions, ceilings, floors, carpentry, lumber, blades, cladding, panels, parquet, water supply, hardware, sanitary, plumbing, heating, ventilation, electricity, lighting, and outdoor facilities products. Samse SA divides its operations into DIY and trading segments, with multi-specialist wholesale trade forming a significant portion of its activities, alongside timber trading and renewable energy services through its Sweetair division. Employing around 7,300 people under CEO Laurent Chameroy, it maintains strong supplier relationships and efficient logistics to support France's construction and real estate growth as a subsidiary of Dumont Investissement.
Operating margin is thin at 2.26%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 0.4% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €492M represents 5.9x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€1.92B
▼ -0.4% YoY
Net Income (TTM)
€27M
▼ -3.0% YoY
Op. Margin
2.26%
▼ -0.9pp YoY
ROIC
2.65%
▼ -0.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€83M
▲ +11.7% YoY
Op. Cash Flow (TTM)
€85M
▼ -24.5% YoY
Net Debt
€492M
Cash & Equiv.
€111M
3Y CAGR: +0.2%
3Y CAGR: +1.9%
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