Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Massy, France, Viridien, which rebranded from CGG in May 2024, has been a global provider of specialized data, products, services, and solutions since its establishment in 1931. The company operates across the domains of Earth science, data science, advanced sensing, and monitoring, serving clients throughout North America, Latin America, Central and South America, Europe, Africa, the Middle East, and the Asia Pacific region. Viridien's business is structured into two main segments. The Data, Digital & Energy Transition (DDE) segment focuses on developing and licensing Earth data seismic surveys, alongside the processing and sophisticated imaging of seismic information. It also markets seismic data processing software under the Geovation brand, offers expert geoscience and petroleum engineering consulting services, and curates and licenses extensive geological datasets. Its Sensing & Monitoring (SMO) segment is dedicated to the engineering, design, and manufacturing of cutting-edge seismic equipment for both land and marine data acquisition. This encompasses seismic recording equipment, specialized acquisition software, and various seismic sources, including land vibrators and marine arrays. Operating under well-known brands such as Sercel, Metrolog, GRC, DeRegt, and Geocomp, this segment also delivers comprehensive sensing and monitoring solutions, complemented by essential customer training and support. These innovative solutions find application across a broad spectrum of industries, including natural resources management, environmental protection, infrastructure development, energy transition initiatives, and diverse digital applications.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of VIRI.PA is 166 and suggests 68% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr