The research firm believes that the company's initial guidance for the fourth quarter of 2025 appears overly cautious, and states that, "even while remaining cautious," it sees organic sales growth of 3.1% for this period.
"The stock rebounded in December, as did many in the sector, thanks to improved market sentiment regarding growth prospects for the IT Services market at the end of 2025 and for 2026," the analyst notes.
According to Oddo BHF, the valuation discount compared to its global peers remains significant, "even though, with 3% organic growth, Capgemini no longer lags behind its peers in terms of growth."
Capgemini SE is one of the world leaders in providing IT services. The group's activity is organized around 4 sectors:
- system design, development and integration;
- outsourcing services: management of applications and infrastructures;
- technology and engineering services: assistance and support services for internal IT teams;
- consulting services.
Net sales are distributed geographically as follows: France (19.8%), the United Kingdom and Ireland (12.5%), Europe (31%), North America (28%), Asia/Pacific and Latin America (8.7%).
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
