Societe BIC SA BICEY

IndustrialsProfessional & Commercial ServicesFrance

Last close 35.55 USD on Nov 3, 2026, +19.6% year to date

Quant rating

Quant rating C Rank 185 of 418 in Industrials

Growth D 312 of 418
Valuation B 102 of 418
Quality D 306 of 418
Revisions B 94 of 418
Momentum B 146 of 418

Wall Street consensus Hold (2.57)Average target 80.28 USD +125.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 2.9B
Enterprise value: 2.8B
52-week range: 26.56 – 40.26
3-year range: 26.56 – 40.26
Dividend yield: 3.88%
Beta (5 years): −0.03
Shares outstanding: 40.9M
Next earnings: Feb 24, 2027

About the company

Societe BIC SA is a France-based company that manufactures consumer products. The Company distributes stationery, promotional products and printed paper products such as lighters, shavers, pens, pencils, and correcting fluid. It also creates essential products and office products that are marketed for companies, merchandisers, convenience stores, and wholesalers. It operates worldwide across Europe, Middle East, Africa Northern America, Latin America, Asia and Oceania.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	2,455	2,274	2,498	2,391	2,083	–
Revenue growth	7.9%	−9.0%	4.5%	14.8%	4.7%	4.3%
EPS (basic, normalized)	5.58	6.42	6.14	5.50	4.87	–
EPS growth	−13.1%	4.6%	11.8%	12.8%	–	–
Gross margin	48.8%	50.2%	50.7%	48.3%	50.8%	49.7%
Net margin	4.1%	9.7%	10.0%	8.9%	17.2%	10.0%
ROE	5.0%	11.6%	12.2%	11.1%	19.8%	11.9%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	2,455	+7.9%	1.1x	333	−28.9%	8.4x	5.58	−13.1%	6.4x
2026	2,299	−6.3%	1.2x	451	+35.5%	6.2x	5.43	−2.7%	6.6x
2027	2,357	+2.5%	1.2x	461	+2.2%	6.1x	5.74	+5.8%	6.2x
2028	2,417	+2.5%	1.2x	479	+3.7%	5.8x	6.08	+6.0%	5.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	2,299	−0.2%	+0.8%	+2.2%	5.43	−0.4%	+2.7%	+5.3%
2027	2,357	+0.3%	+1.4%	+2.8%	5.74	+0.1%	+2.5%	+3.6%
2028	2,417	+0.4%	+1.6%	+2.9%	6.08	+0.3%	+4.4%	+4.7%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	540	526	–	–	–	–	453	598
Sales mean (mil)	–	–	524	524	–	–	–	–	453	588
Surprise	–	–	+2.9%	+0.5%	–	–	–	–	0.0%	+1.7%
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Professional & Commercial Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
BICEY Societe BIC SA	2.9B	–	4.1%	1.50x	6.6x	6.2x	6.2x	6.1x
CXW CoreCivic, Inc.	3.1B	3.39x	5.3%	2.13x	1.9x	12.9x	9.7x	8.9x
IOND Ionic Digital Inc	3.1B	–	−175.2%	5.69x	399.8x	36.1x	20.2x	19.5x
CBZ CBIZ, Inc.	3.0B	3.22x	4.2%	1.59x	13.3x	12.5x	9.6x	9.2x
TNET TriNet Group, Inc.	2.9B	1.22x	3.1%	22.07x	12.9x	12.8x	8.4x	8.2x
CECO CECO Environmental Corp.	2.8B	7.44x	6.5%	–	22.3x	15.9x	–	–
Mean		3.82x	−25.3%	6.60x	76.1x	16.1x	10.8x	10.4x
Median		3.30x	4.2%	2.13x	13.1x	12.8x	9.6x	8.9x

Technical analysis

1M−1.5%
3M−7.6%
1Y+33.1%
3Y+26.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Societe BIC SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	2,455	2,274	2,498	2,391	2,083	1,988
Cost of revenue	1,258	1,133	1,231	1,237	1,024	1,032
Gross profit	1,197	1,142	1,267	1,154	1,058	956
Selling, general & administrative expenses	663	613	658	610	558	553
Research & development	27.2	26.9	30.5	27.2	30.9	31.4
Interest expense (income), operating	–	0	4.9	–	–	–
Unusual expense (income)	126	44.7	20.3	21.5	−200	37.4
Other operating expenses	197	169	214	191	155	142
Operating income	183	288	339	305	514	191
Net interest income (expense)	−19.5	20.4	6.8	−7.8	−4.8	−1.7
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	163	308	345	297	509	190
Provision for taxes	62.0	88.6	95.4	84.4	152	75.2
Minority interest	0	0	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	101	219	250	213	357	114
Extraordinary items	–	–	–	–	–	–
Net income	101	219	250	213	357	114
EBIT, normalized	292	361	378	335	314	282
EBITDA, normalized	427	480	510	461	441	423
Basic EPS, normalized	5.58	6.42	6.14	5.50	4.87	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Societe BIC SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	551	475	527	453	533	325
Receivables	495	472	445	444	475	500
Total inventory	561	558	616	630	557	463
Prepaid expenses	59.7	28.3	22.4	42.1	34.6	13.6
Other current assets	33.7	29.3	33.7	36.2	20.4	49.2
Total current assets	1,701	1,563	1,644	1,604	1,621	1,351
Property, plant & equipment	693	632	688	656	669	749
Goodwill	398	415	313	319	291	298
Intangibles	98.9	164	109	117	75.1	80.6
Long-term investments	0.2	3.7	1.1	1.7	2.2	1.8
Note receivable	–	–	–	–	–	–
Other long-term assets	179	163	167	177	179	170
Total assets	3,069	2,939	2,922	2,875	2,837	2,650
Liabilities
Accounts payable	180	179	160	194	170	121
Payable/accrued	–	–	–	–	–	–
Accrued expenses	221	233	235	227	138	118
Short-term debt	129	105	82.8	54.7	67.6	92.8
Current portion of long-term debt	63.0	68.7	37.9	27.2	19.1	17.1
Other current liabilities	110	124	132	145	250	216
Total current liabilities	703	710	647	648	644	566
Long-term debt	181	173	51.7	45.8	27.0	34.2
Minority interest	0	0	–	–	0	0
Other liabilities	231	199	185	185	207	271
Total liabilities	1,114	1,082	884	878	878	871
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	183	165	178	178	193	210
Additional paid-in capital	157	123	−29.1	45.9	32.1	21.7
Retained earnings (accumulated deficit)	1,988	1,836	2,122	1,950	1,983	1,843
Treasury stock	–	–	–	–	–	–
Other equity	−373	−267	−233	−177	−248	−297
Total equity	1,955	1,857	2,038	1,997	1,960	1,778
Total liabilities & shareholders' equity	3,069	2,939	2,922	2,875	2,837	2,650

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Societe BIC SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	101	219	250	224	357	114
Depreciation, depletion & amortization	136	119	133	125	127	141
Deferred taxes	–	–	–	0.8	−8.4	3.3
Non-cash items	67.3	42.2	43.8	21.6	−170	29.0
Changes in working capital	58.4	−10.7	−36.7	−50.4	12.8	149
Cash from operations	363	370	390	321	319	437
Investing activities
Capital expenditures	−102	−90.2	−115	−103	−85.1	−101
Other investing cash flows	31.2	−204	−10.4	−81.5	151	−80.8
Cash from investing	−70.7	−294	−126	−185	65.4	−182
Financing activities
Financing cash flow items	−1.8	2.4	21.6	−5.3	0.2	−2.1
Cash dividends paid	−149	−184	−122	−101	−92.0	−135
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−111	106	−112	−80.7	−76.7	62.1
Cash from financing	−262	−75.8	−212	−187	−169	−74.6
Foreign exchange effects	−24.6	−12.9	5.9	−5.9	15.7	−35.9
Net change in cash	5.8	−12.1	57.9	−56.9	232	144
Free cash flow	261	280	274	218	234	335

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 3, 2026 after market close.