VCISF - Vinci: At 12.3x P/E It's Time To Build A Stake In World's Largest Construction Company
Few readers have probably heard of France's Vinci SA (OTCPK:VCISF) which is the largest construction company in the world by revenue. With Vinci's share price now near 52-week lows and carrying a forward P/E of 12.3x, it is time for investors to start getting acquainted to this global behemoth. While many readers might by familiar with North American based construction companies such as Jacobs Engineering (JEC), Fluor Corporation (FLR), or even Canada's SNC-Lavalin Group (OTCPK:SNCAF), their market capitalizations of $8.2B, $4.6B, and $5.9B respectively pale in comparison