Kaufman & Broad S.A.

Kaufman & Broad SA. Kaufman & Broad SA is a France-based property developer and builder. The Company is principally engaged in the development of single family homes and apartments, commercial real estate activity, as well as the provision of residence services for business tourists and students. The Company is involved in all stages of implementation of a development program, land research to commercialization of housing through project design, the filing of a building permit and after-sales service. The Company has operations in numerous cities in France, such as Bayonne, Bordeaux, Grenoble, Lille, Lyon, Marseille, Montpellier, Nantes, Nice, Paris, Rouen, Strasbourg, Toulon and Toulouse, among others. Furthermore, the Company provides construction of logistics platforms and warehouses. It is also operational through a number of subsidiaries, including Kaufman & Broad Pyrenees-Atlantiques, Kaufman & Broad Homes SAS, SM2I and Residences Bernard Teillaud SARL, among others.
  • TickerKOF
  • ISINFR0004007813
  • ExchangeEuronext Paris
  • SectorHousehold Goods & Home Construction
  • CountryFrance

Analysts

Florian Cariou

KAUFMAN & BROAD. A Valuation too Depressed

KAUFMAN & BROAD. A Valuation too Depressed

Florian Cariou

KAUFMAN & BROAD. Une valorisation trop déprimée

KAUFMAN & BROAD. Une valorisation trop déprimée

Christophe Chaput ...
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 10/01/2019

Strong growth in liquefied natural gas (LNG) is being fuelled by energy demand and coal substitution. A record number of final investment decisions (FID) is expected in 2019, followed by another wave in 2020. Several projects are in competition and only the most competitive will succeed. This boom will benefit global producers. Shell (Buy) is the leading player in the LNG market and Total (Buy, Top pick), no. 2, boasts the biggest project pipeline. Service companies are expected to se...

Florian Cariou

KAUFMAN & BROAD. RN 9M 2019 (=). Rien de nouveau

KAUFMAN & BROAD. RN 9M 2019 (=). Rien de nouveau

Christophe Chaput ...
  • Hela Zarrouk

Kaufman & Broad : Results in line but disappointing reservations. Neutral vs Buy with a target price of € 39 vs € 42

>Q3 results in line but disappointing reservations - For the first nine months of the year, Kaufman & Broad reported results in line with our expectations with, however, a marked contraction in reservations of new housing units in Q3. We note the following points: 1/ a 6.1% contraction in sales to € 1,029.7m, which corresponds to our own estimates (€ 1,030.1m). The trend is attributable to a lower contribution from programmes in the commercial sector (€ 104.6m vs € 20...

Florian Cariou

KAUFMAN & BROAD. A Valuation too Depressed

KAUFMAN & BROAD. A Valuation too Depressed

Florian Cariou

KAUFMAN & BROAD. Une valorisation trop déprimée

KAUFMAN & BROAD. Une valorisation trop déprimée

Florian Cariou

KAUFMAN & BROAD. RN 9M 2019 (=). Rien de nouveau

KAUFMAN & BROAD. RN 9M 2019 (=). Rien de nouveau

Christophe Chaput ...
  • Hela Zarrouk

Kaufman & Broad : Results in line but disappointing reservations. Neutral vs Buy with a target price of € 39 vs € 42

>Q3 results in line but disappointing reservations - For the first nine months of the year, Kaufman & Broad reported results in line with our expectations with, however, a marked contraction in reservations of new housing units in Q3. We note the following points: 1/ a 6.1% contraction in sales to € 1,029.7m, which corresponds to our own estimates (€ 1,030.1m). The trend is attributable to a lower contribution from programmes in the commercial sector (€ 104.6m vs € 20...

Christophe Chaput ...
  • Hela Zarrouk

Kaufman & Broad : Résultats T3 en ligne mais déception sur les réservations. Neutre vs Achat avec un OC de 39 € vs 42 €

>Résultats T3 conformes mais déception sur les réservations - Au titre de ses 9 premiers mois, le groupe Kaufman & Broad publie des résultats conformes à nos attentes avec, toutefois, une baisse marquée des réservations sur la T3. Nous retenons : 1/ une baisse du chiffre d’affaires de 6.1% à 1 029.7 M€ ce qui correspond à nos propres estimations (1 030.1 M€). Cette évolution s’explique par une moindre contribution des programmes Tertiaires (104.6 M€ vs 202.8 M€) alor...

A director bought 251,046 shares at 35.850EUR and

A director at Kaufman & Broad bought 251,046 shares at 35.850EUR and the significance rating of the trade was 78/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The name...

Christophe Chaput ...
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 10/01/2019

Strong growth in liquefied natural gas (LNG) is being fuelled by energy demand and coal substitution. A record number of final investment decisions (FID) is expected in 2019, followed by another wave in 2020. Several projects are in competition and only the most competitive will succeed. This boom will benefit global producers. Shell (Buy) is the leading player in the LNG market and Total (Buy, Top pick), no. 2, boasts the biggest project pipeline. Service companies are expected to se...

Christophe Chaput ...
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jerôme Bodin
  • Martial Descoutures
  • Oussema Denguir

ODDO BHF Small & MIDCAP MORNING NEWS - 01/10/2019

La forte croissance du gaz naturel liquéfié (GNL) est tirée par la demande énergétique et la substitution au charbon. Un record de FID (final investment decision) est prévu en 2019, suivi d’une nouvelle vague en 2020. Plusieurs projets sont en concurrence et seuls les plus compétitifs verront le jour. Cet engouement profitera aux producteurs globaux. Shell (Achat) est leader sur le marché du GNL et Total (Achat, Top pick), n°2, présente le plus important pipeline de projets. Les soci...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun

ODDO BHF Small & MIDCAP MORNING NEWS - 07/11/2019

We have probably reached the bottom of the cycle in the semiconductors sector. The slope of the recovery in H2 remains uncertain. We prefer stocks with their own specific drivers for H2 like ASML, STMicroelectronics and ams. We are downgrading our recommendation for Aixtron to Neutral (vs Buy). - ...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun

ODDO BHF Small & MIDCAP MORNING NEWS - 11/07/2019

Nous sommes probablement arrivés au point bas du cycle des semi-conducteurs. La pente de la reprise au S2 reste incertaine. Nous jouons les valeurs ayant des moteurs propres comme ASML, STM ou ams. Nous dégradons Aixtron à Neutre (vs Achat). - ...

Christophe Chaput ...
  • Hela Zarrouk
  • Jeremy Garnier
  • Martial Descoutures
  • Nicolas Thorez
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 04/15/2019

...

KAUFMAN ET BROAD with less fundamental stars is reduced to Neutral

KAUFMAN ET BROAD (FR), a company active in the Home Construction industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date August 30, 2019, the closing price was EUR 34.66 and its expected value was estimated at EUR 35...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Florian Béchaz

Kaufman & Broad - Assemblée Générale des actionnaires du 02 mai 2019

Cette année la société a mis en place une remunération long-terme soumise à des conditions de performance calculées sur 3 ans, ce que nous saluons. Cependant, vient plus que compenser la diminution du nombre d'actions attribuées au titre de la rémunération variable annuelle et vient donc gonfler une rémunération considérée comme excessice. Par conséquent, au regard des montants en jeu nous ne pourrons soutenir les résolutions sur les rémunérations (résolutions 10 et 11). De plus, des engagements en faveur du PDG sont soumis au vote aux résolutions 7, 8 et 9. Nous ne pourrons soutenir les réso...

Charles Pinel

Proxy Report - 03/05/2018

Le mandat d'administrateur du Président-Directeur général est renouvelé. Le maintien du cumul des fonctions de Président du Conseil et de Directeur Général n'est pas une pratique souhaitable de gouvernance et les contre-pouvoirs mis en place sont actuellement insuffisants. En effet, le conseil n'est pas constitué d'une majorité de membres libres de conflits d'intérêts et un administrateur référent est prévu par le règlement intérieur du conseil mais n'est toujours pas nommé. Par conséquent, nous recommandons l'opposition à la résolution 8. Il convient de préciser que les différents engagement...

SRI Quantitative KPIs

Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch