Société BIC SA
🇫🇷 BB.PA · Paris · FR0000120966
Consumer
EUR 57.20 price at analysis
Scores
Key Metrics
Powered by EODHDP/E (TTM)
27.3
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
Calculation: 57.20 ÷ 2.09 = 27.3
TTM period through: 2025-12-31
Forward P/E (estimated): 9.6
Based on analyst estimates
Reference: Provider P/E (Trailing): 27.5
Yield (Fwd)
4.20%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Trailing Yield (TTM): 4.20%
Net Debt/EBITDA (TTM)
-0.5x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2025-12-31
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
Payout (Fwd)
114.7%
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Payout (TTM): 147.7%
Cash Flow Payout (TTM): 41.1%
FCF Coverage (TTM): 1.75x
ROE
5.0%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
5.9x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Summary
Société BIC is a global consumer goods manufacturer known for everyday items like pens, lighters, and shavers. Despite strong brand recognition and a solid balance sheet, chronic dividend cuts and structurally declining earnings make the company an unreliable income generator. Not recommended for new positions given the persistent fundamental challenges, contracting margins, and recent history of recurring dividend reductions, which firmly place it in the BELOW THRESHOLD quadrant.
Sector Context
Société BIC manufactures and sells consumer goods, primarily focusing on everyday items like stationery, lighters, and shavers. For dividend investors, the consumer goods sector typically offers stable, recurring revenues from essential household purchases. However, companies in this space must maintain pricing power and defend market share against lower-cost alternatives to sustain the predictable cash flows necessary for reliable, long-term dividend growth.
📊 Strategy Analysis
- • The company maintains a very strong balance sheet with a net cash position (Net Debt/EBITDA of -0.52x) and minimal Debt/Equity of 0.19, providing structural stability.
- • Despite earnings pressure, free cash flow generation remains positive, with a Cash Flow Payout of 41.1%.
⚠ What to Watch
- • Chronic dividend instability makes the stock unsuitable for reliable income, marked by repeated cuts including a 26.9% reduction in 2025 and a proposed 22.3% cut for 2026.
- • Long-term fundamental deterioration is evident through a 5-year EPS CAGR of -21.4% and net margins contracting to 4.1% from a historical 10% average.
- • Valuation multiples are elevated relative to declining fundamentals, with a TTM P/E of 27.34 offering no margin of safety given the persistent structural headwinds.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-04-11
Disclaimer: This information is for educational purposes only. Not financial advice.