Employees: 7,729
Size Assystem (ASY.PA) is a France Industrials company (Engineering & Construction) with a market value of $574M, the 167th largest of 206 France companies the cockpit tracks. Shares closed at €34.70 on 6 Nov 2026.
Performance Over six months the shares fell 16.5%, against -17.9% for the median peer and -0.4% for the France market (cap-weighted) — 10th highest of 19 in its peer set.
Growth Revenue grew 3.5% over the last twelve months (peer median +12.3%); the operating margin is 5.3% (peer median 4.3%).
Valuation It trades at 15.7× forward earnings against a peer median of 12.5× (2nd most expensive of 9).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.8 points below its cost of capital (8.6% WACC).
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €659M | €657M | €611M | €578M | €494M |
| Revenue growth | — | +7% | +6% | +17% | — |
| Gross profit | n/a | €89.2M | €89.5M | €97.1M | €86.9M |
| EBITDA | €50.2M | €32.2M | €37.6M | €48.6M | €44.4M |
| Net income | -€3.50M | €7.40M | €8.30M | €102M | €48.9M |
| Free cash flow | €30.2M | €38.3M | €29.9M | €25.3M | €29.6M |
| Capital expenditure | €2.70M | €3.90M | €4.60M | €5.00M | €4.00M |
| Total debt | n/a | €110M | €116M | €122M | €112M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ASY.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.4% | -8.6% | 2nd highest of 21 |
| 6-month return | -16.5% | -17.9% | 10th highest of 19 |
| Distance from 52-week high | -28.2% | -37.0% | 7th highest of 21 |
| Revenue growth (TTM) | +3.5% | +12.3% | 10th lowest of 21 |
| Operating margin | 5.3% | 4.3% | 9th highest of 21 |
| Forward P/E | 15.7× | 12.5× | 2nd most expensive of 9 |
| Growth the price implies (Req g, 7 yrs) | 11.1% | -2.5% | 3rd most demanding of 10 |
| Growth delivered (Del g) | +8.4% | +12.7% | 2nd lowest of 9 |
| Hurdle (Req g minus delivered) | +2.8 pp | -12.3 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | -1.8 pp | -2.4 pp | 10th highest of 20 |
| EV / EBITDA | 12.5× | 9.9× | 4th most expensive of 11 |
| Net debt / EBITDA | 2.2× | 0.3× | 5th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Assystem ASY.PA | France | $574M | -16% | +4% | 5% | 15.7× | 11.1% | +8.4% |
| China Haisum Engineering 002116.SZ | China | $573M | -16% | -6% | 5% | 11.9× | n/a | n/a |
| Civmec P9D.SI | Singapore | $570M | -1% | +19% | 9% | 13.1× | n/a | n/a |
| ITG ITG | United States | $568M | n/a | +16% | 7% | 5.6× | n/a | n/a |
| Nyab NYAB.ST | Sweden | $566M | +29% | +21% | 6% | 14.2× | -5.8% | +244.6% |
| Hainan Jingliang 000505.SZ | China | $583M | -14% | -19% | -4% | n/a | n/a | n/a |
| InstallatorGruppen A/S IG.CO | Denmark | $584M | n/a | +51% | 4% | n/a | 9.1% | +50.8% |
| Anhui Tongyuan Environment Energy Saving 688679.SS | China | $586M | -43% | -17% | 0% | n/a | n/a | n/a |
| Fujian Yongfu Power Engineering 300712.SZ | China | $558M | -26% | -16% | -1% | 43.1× | 36.9% | +11.7% |
| Yahagi Construction 1870.T | Japan | $557M | -4% | +3% | 7% | 8.8× | -3.5% | +9.7% |
| Obrascon Huarte Lain OHLA.MC | Spain | $556M | -20% | -3% | 4% | n/a | n/a | n/a |
| Sinoma Energy Conservation 603126.SS | China | $553M | -26% | +47% | 1% | n/a | n/a | n/a |
| Hainan Expressway 000886.SZ | China | $598M | -27% | +185% | -12% | n/a | n/a | n/a |
| Capital Infra Trust CAPINVIT.NS | India | $548M | +13% | +421% | 55% | n/a | -4.0% | n/a |
| BES Engineering 2515.TW | Taiwan | $546M | -14% | +1% | 5% | 8.4× | 12.2% | +9.0% |
| Shenzhen Strongteam Decoration Engineering 002989.SZ | China | $540M | -39% | +2% | -29% | n/a | n/a | n/a |
| Global Chinese Business Club 1757.HK | Hong Kong | $610M | -78% | +121% | 1% | n/a | n/a | n/a |
| Asahi Kogyosha 1975.T | Japan | $537M | -15% | +17% | 11% | n/a | -3.1% | +8.3% |
| Guangdong Provincial Academy of Building Research 301632.SZ | China | $537M | -43% | +13% | 7% | n/a | n/a | n/a |
| Lycopodium LYL.AX | Australia | $536M | +51% | +12% | 12% | 13.9× | -2.5% | +18.8% |
| Beijing SPC Environment Protection Tech 002573.SZ | China | $619M | -22% | +1% | -2% | n/a | 5.2% | +13.7% |