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.
Vicat S.A. is a French family-owned cement manufacturer founded in 1853 by Joseph Vicat, building on his father Louis Vicat's 1817 invention of artificial cement. The company specializes in producing cement, ready-mix concrete, and aggregates, essential materials for the construction and building industries worldwide. Organized into segments including Cement—which generates the majority of revenue—Concrete and Aggregates, and Other Products and Services, Vicat S.A. maintains a vertically integrated production chain from raw material mining to finished products, ensuring quality and efficiency. Operating across 12 countries on five continents, including France, the United States, India, Turkey, Egypt, and Brazil, it supports infrastructure, urban development, and sustainable construction through innovation like reduced CO2 emissions and alternative fuels. With around 10,000 employees and a cement capacity exceeding 20 million tonnes annually, Vicat S.A. plays a key role in the global building materials sector, balancing historical expertise with modern environmental commitments.
11.72% operating margin is respectable but not wide. ROIC at 6.54%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 0.8% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 12% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
€3.85B
▼ -0.8% YoY
Net Income (TTM)
€307M
▲ +5.7% YoY
Op. Margin
11.72%
▲ +1.7pp YoY
ROIC
6.54%
▲ +0.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€313M
▼ -12.2% YoY
Op. Cash Flow (TTM)
€612M
▲ +68.2% YoY
Net Debt
€1.16B
Cash & Equiv.
€528M
3Y CAGR: +1.9%
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