Saint-Gobain (SGO.PA): analysis in plain words
Is Saint-Gobain cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Saint-Gobain (SGO.PA) is listed on Euronext Paris and we classify it in construction and infrastructure. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Saint-Gobain according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Saint-Gobain (SGO.PA) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €72.74 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 13.5x | Price over earnings per share |
| Revenue growth | -1.1% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 5.8% | Profit for every 100 of sales |
| Net debt / EBITDA | 1.8x | Years of operating profit to repay debt |
| Dividend yield | 3.27% | Annual dividend over price |
| Market cap | €35.5 billion | What the stock market values it at |
The Saint-Gobain figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any SGO.PA figure that is not available shows as N/A: we do not estimate it.
How Saint-Gobain makes money
Saint-Gobain makes and distributes building materials: plasterboard (Placo), insulation (Isover), mortars (Weber), flat glass and roofing (CertainTeed). It reports by region: Northern Europe, Southern Europe-Middle East-Africa, the Americas and Asia-Pacific, plus High Performance Solutions for industry. Customers are builders, installers and home renovators.
Over the last 12 months, Saint-Gobain brought in revenue of €46.2 billion. For every 100 it sells, Saint-Gobain keeps 27.2 after the direct cost of what it sells (gross margin) and 10.8 after all operating costs (operating margin). With 155,544 full-time employees, that is about €297,000 of revenue per employee.
Saint-Gobain against its sector
To know whether a Saint-Gobain figure is high or low you have to put it next to similar companies. This table compares Saint-Gobain with the median of the 6 construction and infrastructure companies Fintols covers, with data as of November 4, 2026.
| Figure | Saint-Gobain | construction and infrastructure median |
|---|---|---|
| P/E | 13.5x | 21.7x (6) |
| Revenue growth | -1.1% | +4.6% (6) |
| Net margin | 5.8% | 4.3% (6) |
| Dividend yield | 3.27% | 3.00% (6) |
| Net debt / EBITDA | 1.8x | 3.2x (6) |
In short, against the typical construction and infrastructure company, Saint-Gobain trades on a lower P/E, grows more slowly and earns a wider margin. By size, Saint-Gobain ranks number 3 of 6 construction and infrastructure companies quoted in EUR on Fintols.
The bull case for Saint-Gobain
What works in favour of Saint-Gobain, according to its figures as of November 4, 2026:
- Saint-Gobain generates real cash: €3.1 billion of free cash flow over 12 months, 8.7% of its stock market value.
- On a P/E basis Saint-Gobain trades cheaper than its sector: 13.5x its annual earnings, against 21.7x for the construction and infrastructure median (6 companies with data).
- Analysts expect Saint-Gobain earnings to rise: its P/E on the next 12 months of estimated earnings is 10.9x, below the current 13.5x.
The main risk for Saint-Gobain
Saint-Gobain sales fell 1.1% in the latest quarter against the same quarter a year earlier: if the decline drags on, profit usually follows.
And, like the rest of construction and infrastructure, Saint-Gobain is exposed to cost overruns on big projects and interest rates, because its concessions are funded with debt.
Frequently asked questions about Saint-Gobain
Is it a good time to buy Saint-Gobain stock?
Fintols does not tell you whether to buy or sell Saint-Gobain, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Saint-Gobain stock trades at €72.74, 20% below its 52-week high (€91.30) and 15% above its low (€63.52). Its P/E is 13.5x against a construction and infrastructure median of 21.7x, and 10.9x on the earnings analysts expect over the next 12 months. With Saint-Gobain, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Saint-Gobain pay a dividend?
Yes. As of November 4, 2026, Saint-Gobain pays €2.30 per share a year, which at today's price is a yield of 3.27%. It uses 43% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 2.78%. The construction and infrastructure median on Fintols is 3.00%.
Is Saint-Gobain stock expensive?
It depends on what you compare it with. On P/E, Saint-Gobain trades at 13.5x its last 12 months of earnings: cheaper than the construction and infrastructure median (21.7x). Including its debt, Saint-Gobain is valued at 7.3x its EBITDA (EV/EBITDA). A high P/E alone does not make Saint-Gobain expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Saint-Gobain's competitors?
On Fintols we compare Saint-Gobain with Ferrovial, Vinci and ACS, which are also in construction and infrastructure. As of November 4, 2026, Ferrovial is worth €37.7 billion and trades on a P/E of 33.7; Vinci is worth €61.3 billion and trades on a P/E of 12.4; ACS is worth €22.8 billion and trades on a P/E of 19.1. Each has a side-by-side comparison with Saint-Gobain below.
Saint-Gobain competitors
- Ferrovial (FER) analysis · Saint-Gobain vs Ferrovial comparison
- Vinci (DG.PA) analysis · Saint-Gobain vs Vinci comparison
- ACS (ACS) analysis · Saint-Gobain vs ACS comparison
To understand Saint-Gobain better
- How to Read a Balance Sheet: A Beginner's Guide
- Dividend Growth Investing: FCF Payout Ratio and Compounding
More companies like Saint-Gobain: construction and infrastructure stocks and Euro Stoxx 50 companies. Open the full SGO.PA analysis with its valuation and scenarios. Educational content about Saint-Gobain, not investment advice.