Loading…
French energy distributor supplying LPG and fuels across Africa, the Caribbean and Europe, plus operating bulk liquid storage terminals.
French energy distributor supplying LPG and fuels across Africa, the Caribbean and Europe, plus operating bulk liquid storage terminals.
Takes a margin on each litre or kilo of fuel and bottled gas it ships and delivers, with storage fees from its tank terminals as a steadier second leg. Distribution is split between Africa and the Caribbean and Europe. Buying French solar developer Photosol in 2022 started a renewable-power arm.
In one line: A French, emerging-markets-focused propane distributor plus a tank-storage business.
Moat: narrow (distribution, installed base, regulatory licence). Entrenched distribution infrastructure and licences across fragmented emerging markets, but commodity-linked margins.
Headquarters: Paris, France · Founded: 1990 · Employees: 4,614
Size Rubis SCA (RUI.PA) is a France Industrials company (Wholesale Distributors) with a market value of $4.10B, the 73rd largest of 206 France companies the cockpit tracks. Shares closed at €35.40 on 6 Nov 2026.
Performance Over six months the shares gained 0.3%, against -5.4% for the median peer and -0.4% for the France market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 11.4% over the last twelve months (peer median +7.5%); the operating margin is 7.4% (peer median 7.6%).
Valuation It trades at 10.3× forward earnings against a peer median of 17.1× (5th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.0 points below its cost of capital (8.0% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €7.33B | €6.53B | €6.64B | €6.63B | €7.13B |
| Revenue growth | — | -2% | 0% | -7% | — |
| Gross profit | €685M | €709M | €712M | €805M | €679M |
| EBITDA | €805M | €714M | €705M | €795M | €663M |
| Net income | €337M | €309M | €342M | €354M | €263M |
| Free cash flow | €194M | €283M | €326M | €204M | €158M |
| Capital expenditure | €349M | €376M | €248M | €283M | €258M |
| Total debt | n/a | €2.35B | €2.37B | €2.33B | €2.46B |
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 |
|---|---|---|---|---|---|---|
| Rubis SCA RUI.PA | $4.10B | 0% | +11% | 7% | 10.3× | 3.1% |
| TotalEnergies TTE.PA | $200B | +2% | +11% | 17% | 7.0× | -15.6% |
| Shell SHEL.L | $284B | +18% | +15% | 16% | 7.7× | -10.9% |
| Royal Vopak VPK.AS | $6.51B | +14% | +1% | 29% | 15.5× | 8.8% |
| UGI UGI | $7.94B | +15% | 0% | 14% | 10.6× | 6.1% |
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 | RUI.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.9% | -3.7% | 8th highest of 21 |
| 6-month return | +0.3% | -5.4% | 9th highest of 21 |
| Distance from 52-week high | -4.5% | -21.0% | 2nd highest of 21 |
| Revenue growth (TTM) | +11.4% | +7.5% | 9th highest of 21 |
| Operating margin | 7.4% | 7.6% | 11th highest of 21 |
| Forward P/E | 10.3× | 17.1× | 5th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 3.1% | 7.5% | 6th least demanding of 19 |
| Growth delivered (Del g) | +10.9% | +8.7% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -7.8 pp | -1.9 pp | 6th least demanding of 18 |
| ROIC minus cost of capital | -0.0 pp | +1.2 pp | 8th lowest of 21 |
| EV / EBITDA | 7.1× | 12.4× | 2nd cheapest of 14 |
| Net debt / EBITDA | 2.4× | 1.0× | 5th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rubis SCA RUI.PA | France | $4.10B | 0% | +11% | 7% | 10.3× | 3.1% | +10.9% |
| Gibson Energy GEI.TO | Canada | $3.87B | +13% | +26% | 3% | 19.5× | 6.4% | +16.7% |
| Wuchan Zhongda 600704.SS | China | $3.86B | 0% | +3% | 1% | 7.2× | -2.5% | +8.1% |
| Farsoon Technologies 688433.SS | China | $3.76B | -24% | +52% | 5% | 234.8× | n/a | n/a |
| Groupe Dynamite GRGD.TO | Canada | $4.79B | -33% | +37% | 32% | 17.6× | 22.8% | n/a |
| RS Group PLC RS1.L | United Kingdom | $4.85B | +33% | -1% | 8% | 18.6× | 15.1% | +7.5% |
| SiteOne Landscape Supply SITE | United States | $4.86B | -7% | +3% | 5% | 24.4× | 18.4% | +11.7% |
| Macnica 3132.T | Japan | $3.23B | +8% | +35% | 4% | 11.8× | n/a | n/a |
| Hdhms 443060.KS | South Korea | $5.28B | -39% | +20% | 16% | 23.0× | 3.0% | +14.5% |
| Russel Metals RUS.TO | Canada | $2.98B | +36% | +18% | 5% | 14.4× | 8.7% | +11.5% |
| Nagase & 8012.T | Japan | $2.96B | -9% | +8% | 5% | 10.9× | 3.5% | +3.2% |
| Inchcape INCH.L | United Kingdom | $2.87B | -21% | +7% | 6% | 7.5× | -6.0% | +5.9% |
| Jiangsu Azure 002245.SZ | China | $2.82B | -21% | +27% | 12% | 14.6× | 11.8% | +13.8% |
| Marco Polo 001386.SZ | China | $2.80B | -15% | -12% | 21% | n/a | -7.2% | -5.5% |
| IWATANI 8088.T | Japan | $2.73B | -4% | +5% | 5% | 7.6× | 4.3% | +10.1% |
| MSC Industrial Direct MSM | United States | $6.33B | +9% | +6% | 9% | 20.1× | 9.0% | +4.3% |
| Xinhua Winshare Publishing & Media 0811.HK | Hong Kong | $2.60B | -15% | +1% | 7% | 6.6× | -10.6% | +4.7% |
| Royal Vopak VPK.AS | Netherlands | $6.51B | +14% | +1% | 29% | 15.5× | 8.8% | +1.8% |
| Workman 7564.T | Japan | $2.57B | -31% | +21% | 19% | 17.1× | 4.6% | +8.7% |
| Bufab BUFAB.ST | Sweden | $2.55B | +16% | +8% | 13% | 29.2× | 18.7% | +11.2% |
| Imcd IMCD.AS | Netherlands | $6.80B | +7% | +3% | 8% | 18.2× | 10.9% | +11.5% |