Report
Nicolas David

Capgemini : Good visibility for a still reasonable valuation

>Good visibility on year-end - The reintroduction of lockdown measures in western Europe in Q4 2020 did not appear to have a material impact on the group’s activity and Capgemini therefore seems well set to post a further improvement in its organic growth in Q4 2020 (ODDO BHF: -2.3%e vs -3.6% in Q3), with a once again satisfactory book-to-bill. The group continues to win market share in the banking sector (24% of sales) and benefits from good traction in the public se...
Underlying
Capgemini SE

Capgemini is a consulting and IT services provider. Co. works closely with technology partners at the cutting edge of innovation in major trends such as: Cloud, Big Data and mobility. Co. offers its clients skills in a variety of fields, such as digital transformation and digital customer experience, Cloud, Big Data, mobility, testing, cyber security, application management. In addition, Co. helps its clients enhance their performance and sharpen their competitive edge by offering them a range of skills grouped around four major businesses: Consulting Services through Capgemini Consulting, Technology Services (TS), Local Professional Services through Sogeti, and X Outsourcing Services (OS).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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