Independent equity research
Is Compagnie de Saint-Gobain S.A. (SGO) a Buy, Hold or Sell?
Compagnie de Saint-Gobain S.A. — our independent, AI-built valuation and rating, in brief.
BUY (accumulate)
12-mo fair value
€87.56
To fair value
+22%
By · report dated 2026-09-03 · fair value derived independently of the market price.
The thesis, in brief
About 180 of the 304 basis points of EBITDA margin Saint-Gobain added since 2022 came from selling distribution and buying chemicals rather than from the cycle, yet it trades at 11.0x 2027 consensus against a 15.5x peer median; we are wrong if margin falls below 15% while volumes grow
How we value it
We value Compagnie de Saint-Gobain S.A. using 50/50 blend of 12.5x 2027E EPS and 7.25x 2027E EV/EBITDA less net debt. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Compagnie de Saint-Gobain S.A. report
The complete model, the scenarios, and every number behind the call — plus other names across the coverage. One subscription, cancel anytime.