| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 34.33 | 90 |
| Intrinsic value (DCF) | 7.05 | -61 |
| Graham-Dodd Method | 9.88 | -45 |
| Graham Formula | 27.58 | 53 |
VIEL & Cie, SA (VIL.PA) is a Paris-based investment company specializing in interdealer broking, online trading, and private banking services across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region. Operating in the Financial Services sector, VIEL & Cie provides comprehensive brokerage services in diverse financial markets, including money markets, derivatives, equities, bonds, and commodities. The company also offers online trading solutions for equities, CFDs, forex, and educational resources, alongside private banking and retail banking services. With a strong presence in the capital markets, VIEL & Cie leverages its expertise in financial derivatives and asset management to serve institutional and retail clients. Founded in 1962 and listed on Euronext Paris, the company continues to expand its global footprint while maintaining a robust financial position with a market capitalization of approximately €980 million.
VIEL & Cie presents a stable investment opportunity with a low beta (0.319), indicating lower volatility compared to the broader market. The company reported solid financials for FY 2024, with revenue of €1.18 billion and net income of €120.7 million, translating to a diluted EPS of €1.79. Operating cash flow stands at €130.9 million, supported by a healthy cash position of €494 million. However, investors should note the company's moderate debt level (€446 million) and a modest dividend yield (€0.4 per share). Given its diversified service offerings and global reach, VIEL & Cie is well-positioned in the capital markets sector, though competition and regulatory risks in financial services remain key considerations.
VIEL & Cie operates in a highly competitive financial services landscape, competing with global brokers, investment banks, and online trading platforms. Its competitive advantage lies in its diversified brokerage services, covering a wide range of financial and commodity derivatives, which cater to both institutional and retail clients. The company’s private banking and online trading segments provide additional revenue streams, enhancing its resilience against market fluctuations. However, VIEL & Cie faces stiff competition from larger players with greater technological resources and global brand recognition. Its relatively smaller market cap (€980 million) limits its ability to compete on scale with industry giants. The company’s strength in European markets, particularly France, provides a stable base, but expansion into high-growth regions like Asia-Pacific remains challenging due to entrenched competitors. Overall, VIEL & Cie’s niche expertise in derivatives and interdealer broking differentiates it, but sustaining growth requires continued innovation and strategic partnerships.