Skip to Content
Morningstar

Bureau Veritas SA BVI

Morningstar Rating
Unlock
Stock XPAR Rating as of
€27.32 +0.42 (1.56%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Bureau Veritas: First-Quarter Update Paves the Way for Growth in 2024

Michael Field

Narrow-moat Bureau Veritas’ strong run continued into the first quarter of 2024, with the company posting organic revenue growth of 8%. Management kept the guided range for the full year quite wide, reflecting the lack of visibility here, but overall the direction of travel is positive. We reiterate our EUR 30 fair value estimate and see reasonable upside potential from the prevailing share price.

Read Full Report

Price vs Fair Value

View History
BVI is trading at a 9% discount.
Price
€27.32
Fair Value
€35.00
Uncertainty
Low
1-Star Price
€34.10
5-Star Price
€26.00
Economic Moat
Qswcbs
Capital Allocation
Zfhdjyr

Bulls Say, Bears Say

Bulls

The TIC market is growing structurally as a result of intensifying regulation, outsourcing by public bodies, increasingly sophisticated consumer products (such as wearable tech), and growing demand for testing from middle-class consumers in emerging markets.

Bears

Material exposure to the oil and gas sector could negatively affect the company’s ability to grow as quickly as hoped over the next few years.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BVI is a good fit for your portfolio.
Get 7 Days Free

Trading Information

Previous Close Price
€26.90
Day Range
€26.94–28.14
52-Week Range
€20.67–28.56
Bid/Ask
€27.00 / €27.66
Market Cap
€12.30 Bil
Volume/Avg
1.1 Mil / 801,191

Key Statistics

Price/Earnings (Normalized)
18.95
Price/Sales
2.10
Dividend Yield (Trailing)
2.86%
Dividend Yield (Forward)
3.09%
Total Yield
2.82%

Company Profile

Bureau Veritas is involved in the testing, inspection, and certification, or TIC, industry. The company’s primary activities involve testing products or materials, inspecting sites/equipment, and certifying products and systems to maintain global standards. BV is one of only a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. BV listed in 2007, prior to which it was privately owned by the Wendel Group, who retain a significant holding.
Sector
Industrials
Industry
Consulting Services
Stock Style Box
Mid Core
Total Number of Employees
81,511
Website
https://group.bureauveritas.com

Competitors

Valuation

View More
Metric
BVI
ITRK
SGSN
Price/Earnings (Normalized)
 18.9520.9522.54
Price/Book Value
 6.305.9032.91
Price/Sales
 2.102.362.29
Price/Cash Flow
 14.3714.9713.83
Price/Earnings
BVI
ITRK
SGSN

Financial Strength

Metric
BVI
ITRK
SGSN
Quick Ratio
 1.671.021.18
Current Ratio
 1.671.091.21
Interest Coverage
 8.4010.4012.17
Quick Ratio
BVI
ITRK
SGSN

Profitability

Metric
BVI
ITRK
SGSN
Return on Assets (Normalized)
 8.25%10.16%10.17%
Return on Equity (Normalized)
 31.39%28.28%146.09%
Return on Invested Capital (Normalized)
 12.79%14.92%14.72%
Return on Assets
BVI
ITRK
SGSN
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Consulting Services Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
EXPGY
Experian PLC ADRYxgrbpccpVrqh$37.1 Bil
EXPGF
Experian PLC—Yjp$36.9 Bil
VRSK
Verisk Analytics IncJjrvnjszBxm$31.7 Bil
EFX
Equifax IncDyjydldqLmcc$27.9 Bil
BAH
Booz Allen Hamilton Holding Corp Class A—Xgddqx$18.7 Bil
SGSOF
SGS AG—Qbyrfq$16.6 Bil
SGSOY
SGS AG ADR—Bhvbh$16.5 Bil
TRU
TransUnionYmmkhrwnnNwhsr$13.5 Bil
BVRDF
Bureau Veritas SA—Rtfkbf$13.0 Bil
BVVBY
Bureau Veritas SA ADR—Hxwkmp$13.0 Bil

Sponsor Center