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French group recycling scrap metal and providing multi-services like staffing, facilities management and aviation ground services.
French group recycling scrap metal and providing multi-services like staffing, facilities management and aviation ground services.
Buys scrap from collection yards and industrial clients, sorts it, and sells it to steelmakers and foundries, so profit is the gap between scrap purchase and resale prices, which move with steel demand. The Derichebourg family controls it. It also supplies cleaning and staffing services to corporate clients under service contracts.
In one line: A French Waste Management combined with a staffing firm.
Moat: narrow (scale, installed base). Large scrap-collection network across France/Europe gives feedstock scale, but recycling is a commodity-price business.
Headquarters: Paris, France · Founded: 1969 · Employees: 5,393
Size Derichebourg (DBG.PA) is a France Industrials company (Miscellaneous Commercial Services) with a market value of $1.42B, the 121st largest of 206 France companies the cockpit tracks. Shares closed at €8.00 on 6 Nov 2026.
Performance Over six months the shares fell 23.7%, against -6.0% for the median peer and -0.4% for the France market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 2.9% over the last twelve months (peer median +7.9%); the operating margin is 5.1% (peer median 7.6%).
Valuation It trades at 8.9× forward earnings against a peer median of 16.8× (2nd cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +1 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 3.3 points below its cost of capital (10.5% WACC).
Credit Derichebourg has 2 bonds outstanding ($891M), rated BB by the agencies and trading like BB at a weighted spread of 219 bp.
Next results Next results expected around 3 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €3.47B | €3.34B | €3.61B | €3.62B | €4.35B |
| Revenue growth | — | -7% | 0% | -17% | — |
| Gross profit | €203M | €184M | €194M | €211M | €361M |
| EBITDA | €336M | €320M | €329M | €339M | €461M |
| Net income | €132M | €122M | €74.8M | €137M | €238M |
| Free cash flow | €122M | €97.6M | €142M | €41.6M | €260M |
| Capital expenditure | €112M | €102M | €146M | €164M | €130M |
| Total debt | n/a | €846M | €906M | €934M | €977M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Derichebourg DBG.PA | $1.42B | -24% | -3% | 5% | 8.9× | 6.8% |
| Sims SGM.AX | $2.62B | -11% | +7% | 4% | 10.5× | 14.6% |
| Befesa BFSA.DE | $1.67B | +6% | -2% | n/a | 13.0× | 3.1% |
| Adecco ADEN.SW | $4.82B | +24% | 0% | 2% | 10.3× | -3.5% |
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 | DBG.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.7% | -7.7% | 7th highest of 21 |
| 6-month return | -23.7% | -6.0% | 4th lowest of 21 |
| Distance from 52-week high | -27.3% | -37.2% | 7th highest of 21 |
| Revenue growth (TTM) | -2.9% | +7.9% | 6th lowest of 21 |
| Operating margin | 5.1% | 7.6% | 8th lowest of 21 |
| Forward P/E | 8.9× | 16.8× | 2nd cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 6.8% | 4.0% | 6th most demanding of 14 |
| Growth delivered (Del g) | +6.3% | +11.6% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | +0.5 pp | -9.0 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | -3.3 pp | -3.8 pp | 10th highest of 20 |
| EV / EBITDA | 5.7× | 9.1× | cheapest of 10 |
| Net debt / EBITDA | 1.9× | 1.1× | 4th most indebted of 10 |
| Bond spread | 219 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Derichebourg DBG.PA | France | $1.42B | -24% | -3% | 5% | 8.9× | 6.8% | +6.3% |
| China National Electric Apparatus Research Institute 688128.SS | China | $1.42B | -12% | +8% | 11% | 15.5× | 4.0% | +13.5% |
| ICF International ICFI | United States | $1.43B | +14% | -8% | 8% | 10.8× | -2.2% | +4.4% |
| Siglent Technologies 688112.SS | China | $1.41B | -5% | +30% | 24% | 46.2× | 31.3% | +22.0% |
| Concord Biotech CONCORDBIO.NS | India | $1.40B | +2% | +4% | 28% | 38.2× | 47.1% | +11.6% |
| Wintech Nano (Suzhou) 688757.SS | China | $1.39B | -18% | +23% | 7% | n/a | n/a | n/a |
| China Security 600654.SS | China | $1.39B | -31% | -30% | -1% | n/a | 56.7% | +0.4% |
| SBS 2384.T | Japan | $1.38B | +32% | +22% | 6% | 14.1× | -8.2% | +13.8% |
| Suzhou Recodeal Interconnect System 688800.SS | China | $1.47B | -55% | +5% | 9% | 28.7× | 26.1% | +38.9% |
| Shanghai Medicilon 688202.SS | China | $1.47B | +18% | +42% | -2% | 91.8× | n/a | n/a |
| Taiwan Secom 9917.TW | Taiwan | $1.47B | -8% | +3% | 16% | 14.2× | -2.3% | +6.7% |
| Shenzhen Ampron Technology 301413.SZ | China | $1.48B | -7% | +11% | 2% | 423.6× | n/a | n/a |
| Shanghai Foreign Service 600662.SS | China | $1.49B | -14% | +1% | 2% | 13.8× | -20.6% | +1.9% |
| Clarivate CLVT | United States | $1.50B | -16% | -9% | 8% | 3.8× | 13.4% | +14.4% |
| Foxtron Vehicle Technologies 2258.TW | Taiwan | $1.50B | +1% | -50% | -132% | n/a | n/a | n/a |
| AFRY AFRY.ST | Sweden | $1.50B | +17% | -4% | 7% | 12.7× | -2.2% | +6.3% |
| Changchun Up Optotech 002338.SZ | China | $1.34B | -39% | +22% | 2% | 43.4× | n/a | n/a |
| TKC 9746.T | Japan | $1.34B | +21% | +14% | 22% | 18.1× | -9.9% | +4.2% |
| Nittetsu Mining 1515.T | Japan | $1.34B | +10% | +13% | 9% | n/a | n/a | n/a |
| Central Mine Planning & Design Institute CMPDI.NS | India | $1.34B | -15% | +10% | 33% | n/a | 4.0% | +18.7% |
| Suzhou Novoprotein Scientific 688137.SS | China | $1.33B | +161% | +8% | -62% | n/a | n/a | n/a |
Derichebourg has 2 bonds outstanding with $891M face value. The agencies rate it BB; its bonds trade like BB. Weighted yield 5.27%, a spread of 219 bp over government bonds.