Alcomet AD（ALCM）株式概要Alcomet AD社は、ブルガリアでアルミニウムの平板圧延品と押出品を製造・販売している。 詳細ALCM ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析負債は営業キャッシュフローで十分にカバーされていない 過去5年間で収益は年間31.9%減少しました。 株式の流動性は非常に低い 意味のある時価総額がありません ( €51M )すべてのリスクチェックを見るALCM Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.8444.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6m321m2016201920222025202620282031Revenue €304.5mEarnings €40.3mAdvancedSet Fair ValueView all narrativesAlcomet AD 競合他社Neochim ADSymbol: BUL:NEOHMarket cap: €49.7mBulmetal JSCSymbol: BUL:BMTLMarket cap: €27.8mHerti ADSymbol: BUL:HERTMarket cap: €17.4mP.A. Resources BerhadSymbol: KLSE:PAMarket cap: RM 233.2m価格と性能株価の高値、安値、推移の概要Alcomet AD過去の株価現在の株価€2.8452週高値€3.6052週安値€2.82ベータ-0.0641ヶ月の変化0.71%3ヶ月変化0.71%1年変化-6.47%3年間の変化-37.93%5年間の変化-43.31%IPOからの変化-37.08%最新ニュースNew Risk • Feb 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.7m market cap, or US$66.0m).Reported Earnings • Feb 01Full year 2025 earnings released: лв0.44 loss per share (vs лв0.30 loss in FY 2024)Full year 2025 results: лв0.44 loss per share (further deteriorated from лв0.30 loss in FY 2024). Revenue: лв552.5m (up 7.9% from FY 2024). Net loss: лв7.89m (loss widened 45% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.お知らせ • Jan 18+ 8 more updatesAlcomet AD to Report Fiscal Year 2025 Results on Mar 31, 2026Alcomet AD announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Nov 04Third quarter 2025 earnings released: лв0.024 loss per share (vs лв0.051 loss in 3Q 2024)Third quarter 2025 results: лв0.024 loss per share (improved from лв0.051 loss in 3Q 2024). Revenue: лв136.9m (up 1.1% from 3Q 2024). Net loss: лв427.0k (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 31Second quarter 2025 earnings released: лв0.18 loss per share (vs лв0.095 loss in 2Q 2024)Second quarter 2025 results: лв0.18 loss per share (further deteriorated from лв0.095 loss in 2Q 2024). Revenue: лв133.1m (up 3.2% from 2Q 2024). Net loss: лв3.09m (loss widened 81% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.New Risk • Jun 02New major risk - Revenue and earnings growthEarnings have declined by 0.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв115.8m market cap, or US$67.1m).最新情報をもっと見るRecent updatesNew Risk • Feb 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.7m market cap, or US$66.0m).Reported Earnings • Feb 01Full year 2025 earnings released: лв0.44 loss per share (vs лв0.30 loss in FY 2024)Full year 2025 results: лв0.44 loss per share (further deteriorated from лв0.30 loss in FY 2024). Revenue: лв552.5m (up 7.9% from FY 2024). Net loss: лв7.89m (loss widened 45% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.お知らせ • Jan 18+ 8 more updatesAlcomet AD to Report Fiscal Year 2025 Results on Mar 31, 2026Alcomet AD announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Nov 04Third quarter 2025 earnings released: лв0.024 loss per share (vs лв0.051 loss in 3Q 2024)Third quarter 2025 results: лв0.024 loss per share (improved from лв0.051 loss in 3Q 2024). Revenue: лв136.9m (up 1.1% from 3Q 2024). Net loss: лв427.0k (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 31Second quarter 2025 earnings released: лв0.18 loss per share (vs лв0.095 loss in 2Q 2024)Second quarter 2025 results: лв0.18 loss per share (further deteriorated from лв0.095 loss in 2Q 2024). Revenue: лв133.1m (up 3.2% from 2Q 2024). Net loss: лв3.09m (loss widened 81% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.New Risk • Jun 02New major risk - Revenue and earnings growthEarnings have declined by 0.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв115.8m market cap, or US$67.1m).Reported Earnings • Jun 02First quarter 2025 earnings released: EPS: лв0.01 (vs лв0.092 loss in 1Q 2024)First quarter 2025 results: EPS: лв0.01 (up from лв0.092 loss in 1Q 2024). Revenue: лв165.0m (up 24% from 1Q 2024). Net income: лв118.0k (up лв1.77m from 1Q 2024). Profit margin: 0.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • May 16Alcomet AD, Annual General Meeting, Jun 16, 2025Alcomet AD, Annual General Meeting, Jun 16, 2025, at 14:00 FLE Standard Time. Location: in the town of shumen, second industrial zone, BulgariaBuy Or Sell Opportunity • Mar 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to лв6.30. The fair value is estimated to be лв8.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 04Third quarter 2024 earnings released: лв0.052 loss per share (vs лв0.26 loss in 3Q 2023)Third quarter 2024 results: лв0.052 loss per share (improved from лв0.26 loss in 3Q 2023). Revenue: лв135.5m (up 48% from 3Q 2023). Net loss: лв916.0k (loss narrowed 80% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 03Second quarter 2024 earnings released: лв0.098 loss per share (vs лв0.076 profit in 2Q 2023)Second quarter 2024 results: лв0.098 loss per share (down from лв0.076 profit in 2Q 2023). Revenue: лв129.0m (up 15% from 2Q 2023). Net loss: лв1.70m (down 224% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Aug 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to лв6.35. The fair value is estimated to be лв8.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.New Risk • May 08New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.3% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (лв123.9m market cap, or US$68.1m).Buy Or Sell Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to лв6.50. The fair value is estimated to be лв8.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 100%.Buy Or Sell Opportunity • Feb 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to лв6.70. The fair value is estimated to be лв8.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jan 31Full year 2023 earnings released: лв0.30 loss per share (vs лв3.14 profit in FY 2022)Full year 2023 results: лв0.30 loss per share (down from лв3.14 profit in FY 2022). Revenue: лв431.2m (down 38% from FY 2022). Net loss: лв5.44m (down 110% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Dec 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (лв125.7m market cap, or US$69.9m).New Risk • Nov 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.6% average weekly change). Market cap is less than US$100m (лв132.9m market cap, or US$74.1m).Reported Earnings • Nov 04Third quarter 2023 earnings released: лв0.24 loss per share (vs лв0.96 profit in 3Q 2022)Third quarter 2023 results: лв0.24 loss per share (down from лв0.96 profit in 3Q 2022). Revenue: лв91.7m (down 38% from 3Q 2022). Net loss: лв4.63m (down 127% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: лв0.079 (vs лв0.62 in 2Q 2022)Second quarter 2023 results: EPS: лв0.079 (down from лв0.62 in 2Q 2022). Revenue: лв112.4m (down 45% from 2Q 2022). Net income: лв1.37m (down 88% from 2Q 2022). Profit margin: 1.2% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.New Risk • Jun 22New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 8.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (лв160.7m market cap, or US$89.7m).Upcoming Dividend • Jun 21Upcoming dividend of лв0.79 per shareEligible shareholders must have bought the stock before 28 June 2023. Payment date: 01 August 2023. The company last paid an ordinary dividend in October 2012. The average dividend yield among industry peers is 8.6%.Reported Earnings • May 03First quarter 2023 earnings released: EPS: лв0.13 (vs лв0.32 in 1Q 2022)First quarter 2023 results: EPS: лв0.13 (down from лв0.32 in 1Q 2022). Revenue: лв137.3m (down 38% from 1Q 2022). Net income: лв2.34m (down 59% from 1Q 2022). Profit margin: 1.7% (down from 2.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 08Full year 2022 earnings released: EPS: лв3.20 (vs лв0.008 loss in FY 2021)Full year 2022 results: EPS: лв3.20 (up from лв0.008 loss in FY 2021). Revenue: лв689.9m (up 34% from FY 2021). Net income: лв57.4m (up лв57.5m from FY 2021). Profit margin: 8.3% (up from 0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: лв0.97 (vs лв0.016 loss in 3Q 2021)Third quarter 2022 results: EPS: лв0.97 (up from лв0.016 loss in 3Q 2021). Revenue: лв148.3m (up 7.1% from 3Q 2021). Net income: лв17.2m (up лв17.5m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to лв8.10, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 1.3% over the past three years.分析記事 • Oct 06Is Alcomet AD (BUL:ALCM) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to лв8.30, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 22% over the past three years.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to лв7.10, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 38% over the past three years.分析記事 • May 07Investors Shouldn't Be Too Comfortable With Alcomet AD's (BUL:ALCM) Robust EarningsDespite posting some strong earnings, the market for Alcomet AD's ( BUL:ALCM ) stock hasn't moved much. Our analysis...Reported Earnings • May 02First quarter 2022 earnings released: EPS: лв0.32 (vs лв0.01 in 1Q 2021)First quarter 2022 results: EPS: лв0.32 (up from лв0.01 in 1Q 2021). Revenue: лв220.5m (up 105% from 1Q 2021). Net income: лв5.67m (up лв5.50m from 1Q 2021). Profit margin: 2.6% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.分析記事 • Feb 08Is Alcomet AD (BUL:ALCM) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Feb 01Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: лв0.02 loss per share (up from лв0.15 loss in FY 2020). Revenue: лв515.0m (up 50% from FY 2020). Net loss: лв445.0k (loss narrowed 84% from FY 2020). Revenue missed analyst estimates by 2.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.分析記事 • May 19We Think Alcomet AD (BUL:ALCM) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 09First quarter 2021 earnings released: EPS лв0.01 (vs лв0.043 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: лв107.6m (up 14% from 1Q 2020). Net income: лв171.0k (up лв943.0k from 1Q 2020). Profit margin: 0.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 03New 90-day low: лв6.30The company is down 1.0% from its price of лв6.35 on 02 December 2020. The Bulgarian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period.分析記事 • Feb 02Is Alcomet AD (BUL:6AM) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Feb 01Full year 2020 earnings released: лв0.20 loss per share (vs лв0.48 profit in FY 2019)The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2020 results: Revenue: лв345.5m (flat on FY 2019). Net loss: лв3.56m (down 142% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.分析記事 • Dec 06What Do The Returns At Alcomet AD (BUL:6AM) Mean Going Forward?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Is New 90 Day High Low • Nov 24New 90-day high: лв6.70The company is up 29% from its price of лв5.20 on 25 August 2020. The Bulgarian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period.Is New 90 Day High Low • Oct 14New 90-day high: лв6.25The company is up 20% from its price of лв5.20 on 15 July 2020. The Bulgarian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period.株主還元ALCMBG Metals and MiningBG 市場7D-8.4%5.8%-1.0%1Y-6.5%96.8%13.8%株主還元を見る業界別リターン: ALCM過去 1 年間で96.8 % の収益を上げたBG Metals and Mining業界を下回りました。リターン対市場: ALCMは、過去 1 年間で13.8 % のリターンを上げたBG市場を下回りました。価格変動Is ALCM's price volatile compared to industry and market?ALCM volatilityALCM Average Weekly Movementn/aMetals and Mining Industry Average Movement7.8%Market Average Movement5.4%10% most volatile stocks in BG Market8.9%10% least volatile stocks in BG Market3.2%安定した株価: ALCMの株価は、 BG市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のALCMのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト19811,341Huseyin Yorucuwww.alcomet.euAlcomet AD社は、ブルガリアでアルミニウムの平板圧延品と押出品を製造・販売している。家庭用、コンテナ用、コンバーター用、技術用箔、アルミフィン材、建築・建築用、自動車・輸送用、流通用プロファイル、自転車リム、熱交換器、LED照明、ソーラーパネル用フレーム、家具、機械などの工業用プロファイルを提供している。同社の製品は、建築、自動車、輸送、流通、包装、機械製造、食品、その他の産業で使用されている。同社は1981年に設立され、ブルガリアのシュメンに本社を置く。アルコメットAD社はアルメタルAD社の子会社として活動している。もっと見るAlcomet AD 基礎のまとめAlcomet AD の収益と売上を時価総額と比較するとどうか。ALCM 基礎統計学時価総額€50.99m収益（TTM）-€5.69m売上高(TTM)€290.59m0.2xP/Sレシオ-9.0xPER（株価収益率ALCM は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ALCM 損益計算書（TTM）収益€290.59m売上原価€276.59m売上総利益€14.00mその他の費用€19.69m収益-€5.69m直近の収益報告Mar 31, 2026次回決算日Jul 30, 2026一株当たり利益（EPS）-0.32グロス・マージン4.82%純利益率-1.96%有利子負債／自己資本比率86.1%ALCM の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/17 11:09終値2026/06/15 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Alcomet AD 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • Feb 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.7m market cap, or US$66.0m).
Reported Earnings • Feb 01Full year 2025 earnings released: лв0.44 loss per share (vs лв0.30 loss in FY 2024)Full year 2025 results: лв0.44 loss per share (further deteriorated from лв0.30 loss in FY 2024). Revenue: лв552.5m (up 7.9% from FY 2024). Net loss: лв7.89m (loss widened 45% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 18+ 8 more updatesAlcomet AD to Report Fiscal Year 2025 Results on Mar 31, 2026Alcomet AD announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Nov 04Third quarter 2025 earnings released: лв0.024 loss per share (vs лв0.051 loss in 3Q 2024)Third quarter 2025 results: лв0.024 loss per share (improved from лв0.051 loss in 3Q 2024). Revenue: лв136.9m (up 1.1% from 3Q 2024). Net loss: лв427.0k (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 31Second quarter 2025 earnings released: лв0.18 loss per share (vs лв0.095 loss in 2Q 2024)Second quarter 2025 results: лв0.18 loss per share (further deteriorated from лв0.095 loss in 2Q 2024). Revenue: лв133.1m (up 3.2% from 2Q 2024). Net loss: лв3.09m (loss widened 81% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
New Risk • Jun 02New major risk - Revenue and earnings growthEarnings have declined by 0.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв115.8m market cap, or US$67.1m).
New Risk • Feb 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.7m market cap, or US$66.0m).
Reported Earnings • Feb 01Full year 2025 earnings released: лв0.44 loss per share (vs лв0.30 loss in FY 2024)Full year 2025 results: лв0.44 loss per share (further deteriorated from лв0.30 loss in FY 2024). Revenue: лв552.5m (up 7.9% from FY 2024). Net loss: лв7.89m (loss widened 45% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 18+ 8 more updatesAlcomet AD to Report Fiscal Year 2025 Results on Mar 31, 2026Alcomet AD announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Nov 04Third quarter 2025 earnings released: лв0.024 loss per share (vs лв0.051 loss in 3Q 2024)Third quarter 2025 results: лв0.024 loss per share (improved from лв0.051 loss in 3Q 2024). Revenue: лв136.9m (up 1.1% from 3Q 2024). Net loss: лв427.0k (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 31Second quarter 2025 earnings released: лв0.18 loss per share (vs лв0.095 loss in 2Q 2024)Second quarter 2025 results: лв0.18 loss per share (further deteriorated from лв0.095 loss in 2Q 2024). Revenue: лв133.1m (up 3.2% from 2Q 2024). Net loss: лв3.09m (loss widened 81% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
New Risk • Jun 02New major risk - Revenue and earnings growthEarnings have declined by 0.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв115.8m market cap, or US$67.1m).
Reported Earnings • Jun 02First quarter 2025 earnings released: EPS: лв0.01 (vs лв0.092 loss in 1Q 2024)First quarter 2025 results: EPS: лв0.01 (up from лв0.092 loss in 1Q 2024). Revenue: лв165.0m (up 24% from 1Q 2024). Net income: лв118.0k (up лв1.77m from 1Q 2024). Profit margin: 0.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • May 16Alcomet AD, Annual General Meeting, Jun 16, 2025Alcomet AD, Annual General Meeting, Jun 16, 2025, at 14:00 FLE Standard Time. Location: in the town of shumen, second industrial zone, Bulgaria
Buy Or Sell Opportunity • Mar 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.7% to лв6.30. The fair value is estimated to be лв8.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 04Third quarter 2024 earnings released: лв0.052 loss per share (vs лв0.26 loss in 3Q 2023)Third quarter 2024 results: лв0.052 loss per share (improved from лв0.26 loss in 3Q 2023). Revenue: лв135.5m (up 48% from 3Q 2023). Net loss: лв916.0k (loss narrowed 80% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 03Second quarter 2024 earnings released: лв0.098 loss per share (vs лв0.076 profit in 2Q 2023)Second quarter 2024 results: лв0.098 loss per share (down from лв0.076 profit in 2Q 2023). Revenue: лв129.0m (up 15% from 2Q 2023). Net loss: лв1.70m (down 224% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Aug 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to лв6.35. The fair value is estimated to be лв8.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
New Risk • May 08New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.3% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (лв123.9m market cap, or US$68.1m).
Buy Or Sell Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to лв6.50. The fair value is estimated to be лв8.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 100%.
Buy Or Sell Opportunity • Feb 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to лв6.70. The fair value is estimated to be лв8.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jan 31Full year 2023 earnings released: лв0.30 loss per share (vs лв3.14 profit in FY 2022)Full year 2023 results: лв0.30 loss per share (down from лв3.14 profit in FY 2022). Revenue: лв431.2m (down 38% from FY 2022). Net loss: лв5.44m (down 110% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Dec 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (лв125.7m market cap, or US$69.9m).
New Risk • Nov 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.6% average weekly change). Market cap is less than US$100m (лв132.9m market cap, or US$74.1m).
Reported Earnings • Nov 04Third quarter 2023 earnings released: лв0.24 loss per share (vs лв0.96 profit in 3Q 2022)Third quarter 2023 results: лв0.24 loss per share (down from лв0.96 profit in 3Q 2022). Revenue: лв91.7m (down 38% from 3Q 2022). Net loss: лв4.63m (down 127% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: лв0.079 (vs лв0.62 in 2Q 2022)Second quarter 2023 results: EPS: лв0.079 (down from лв0.62 in 2Q 2022). Revenue: лв112.4m (down 45% from 2Q 2022). Net income: лв1.37m (down 88% from 2Q 2022). Profit margin: 1.2% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 22New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 8.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (лв160.7m market cap, or US$89.7m).
Upcoming Dividend • Jun 21Upcoming dividend of лв0.79 per shareEligible shareholders must have bought the stock before 28 June 2023. Payment date: 01 August 2023. The company last paid an ordinary dividend in October 2012. The average dividend yield among industry peers is 8.6%.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: лв0.13 (vs лв0.32 in 1Q 2022)First quarter 2023 results: EPS: лв0.13 (down from лв0.32 in 1Q 2022). Revenue: лв137.3m (down 38% from 1Q 2022). Net income: лв2.34m (down 59% from 1Q 2022). Profit margin: 1.7% (down from 2.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 08Full year 2022 earnings released: EPS: лв3.20 (vs лв0.008 loss in FY 2021)Full year 2022 results: EPS: лв3.20 (up from лв0.008 loss in FY 2021). Revenue: лв689.9m (up 34% from FY 2021). Net income: лв57.4m (up лв57.5m from FY 2021). Profit margin: 8.3% (up from 0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: лв0.97 (vs лв0.016 loss in 3Q 2021)Third quarter 2022 results: EPS: лв0.97 (up from лв0.016 loss in 3Q 2021). Revenue: лв148.3m (up 7.1% from 3Q 2021). Net income: лв17.2m (up лв17.5m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to лв8.10, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 1.3% over the past three years.
分析記事 • Oct 06Is Alcomet AD (BUL:ALCM) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to лв8.30, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 22% over the past three years.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to лв7.10, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 38% over the past three years.
分析記事 • May 07Investors Shouldn't Be Too Comfortable With Alcomet AD's (BUL:ALCM) Robust EarningsDespite posting some strong earnings, the market for Alcomet AD's ( BUL:ALCM ) stock hasn't moved much. Our analysis...
Reported Earnings • May 02First quarter 2022 earnings released: EPS: лв0.32 (vs лв0.01 in 1Q 2021)First quarter 2022 results: EPS: лв0.32 (up from лв0.01 in 1Q 2021). Revenue: лв220.5m (up 105% from 1Q 2021). Net income: лв5.67m (up лв5.50m from 1Q 2021). Profit margin: 2.6% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
分析記事 • Feb 08Is Alcomet AD (BUL:ALCM) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Feb 01Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: лв0.02 loss per share (up from лв0.15 loss in FY 2020). Revenue: лв515.0m (up 50% from FY 2020). Net loss: лв445.0k (loss narrowed 84% from FY 2020). Revenue missed analyst estimates by 2.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
分析記事 • May 19We Think Alcomet AD (BUL:ALCM) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 09First quarter 2021 earnings released: EPS лв0.01 (vs лв0.043 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: лв107.6m (up 14% from 1Q 2020). Net income: лв171.0k (up лв943.0k from 1Q 2020). Profit margin: 0.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 03New 90-day low: лв6.30The company is down 1.0% from its price of лв6.35 on 02 December 2020. The Bulgarian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period.
分析記事 • Feb 02Is Alcomet AD (BUL:6AM) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Feb 01Full year 2020 earnings released: лв0.20 loss per share (vs лв0.48 profit in FY 2019)The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2020 results: Revenue: лв345.5m (flat on FY 2019). Net loss: лв3.56m (down 142% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
分析記事 • Dec 06What Do The Returns At Alcomet AD (BUL:6AM) Mean Going Forward?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Is New 90 Day High Low • Nov 24New 90-day high: лв6.70The company is up 29% from its price of лв5.20 on 25 August 2020. The Bulgarian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Oct 14New 90-day high: лв6.25The company is up 20% from its price of лв5.20 on 15 July 2020. The Bulgarian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period.
