View Past PerformanceACTIA Group バランスシートの健全性財務の健全性 基準チェック /46ACTIA Groupの総株主資本は€140.4M 、総負債は€191.2Mで、負債比率は136.2%となります。総資産と総負債はそれぞれ€612.5Mと€472.1Mです。 ACTIA Groupの EBIT は€9.0Mで、利息カバレッジ比率1.1です。現金および短期投資は€84.4Mです。主要情報136.24%負債資本比率€191.23m負債インタレスト・カバレッジ・レシオ1.1x現金€84.41mエクイティ€140.36m負債合計€472.13m総資産€612.50m財務の健全性に関する最新情報分析記事 • Jun 16ACTIA Group (EPA:ALATI) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Oct 26ACTIA Group (EPA:ALATI) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Sep 27Does ACTIA Group (EPA:ATI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesお知らせ • Apr 23ACTIA Group S.A., Annual General Meeting, May 28, 2026ACTIA Group S.A., Annual General Meeting, May 28, 2026. Location: 5 rue jorge semprun, toulouse FranceNew Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€72.1m market cap, or US$84.6m).New Risk • Apr 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (97% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€74.3m market cap, or US$85.8m).Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: €535.4m (flat on FY 2024). Net loss: €5.80m (down 142% from profit in FY 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in France.Price Target Changed • Mar 27Price target increased by 22% to €4.45Up from €3.65, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €3.26. Stock is up 0.9% over the past year. The company is forecast to post a net loss per share of €0.55 compared to earnings per share of €0.69 last year.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 82%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.543 to -€0.987 per share. Revenue forecast of €526.7m unchanged since last update. Electronic industry in France expected to see average net income growth of 63% next year. Consensus price target up from €3.65 to €3.90. Share price fell 4.6% to €3.33 over the past week.お知らせ • Jan 09ACTIA Group S.A. to Report Fiscal Year 2025 Results on Mar 27, 2026ACTIA Group S.A. announced that they will report fiscal year 2025 results at 7:00 AM, Central European Standard Time on Mar 27, 2026Upcoming Dividend • Sep 04Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 11 September 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.5%). Higher than average of industry peers (0.7%).Price Target Changed • Aug 07Price target increased by 15% to €3.90Up from €3.40, the current price target is an average from 2 analysts. New target price is 17% above last closing price of €3.32. Stock is up 0.6% over the past year. The company posted earnings per share of €0.69 last year.New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€66.1m market cap, or US$77.1m).Major Estimate Revision • Aug 06Consensus EPS estimates fall by 292%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €543.7m to €535.0m. Losses expected to increase from €0.068 per share to €0.27. Electronic industry in France expected to see average net income growth of 35% next year. Consensus price target up from €3.40 to €3.60. Share price fell 5.5% to €3.29 over the past week.分析記事 • Jul 18There's No Escaping ACTIA Group S.A.'s (EPA:ALATI) Muted Earnings Despite A 27% Share Price RiseACTIA Group S.A. ( EPA:ALATI ) shareholders have had their patience rewarded with a 27% share price jump in the last...分析記事 • Jun 18Is Now The Time To Look At Buying ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it received a lot of attention from a...Major Estimate Revision • May 20Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.033 to -€0.038 per share. Revenue forecast unchanged at €543.7m. Electronic industry in France expected to see average net income growth of 38% next year. Consensus price target of €3.40 unchanged from last update. Share price was steady at €3.05 over the past week.New Risk • May 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 433% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). 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 (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€60.6m market cap, or US$67.8m).お知らせ • Apr 19ACTIA Group S.A., Annual General Meeting, May 27, 2025ACTIA Group S.A., Annual General Meeting, May 27, 2025. Location: 5 rue jorge semprun, toulouse FranceValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €2.70, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 11x in the Electronic industry in France. Total loss to shareholders of 25% over the past three years.New Risk • Apr 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Interest payments are not well covered by earnings (2.5x net interest cover). Earnings are forecast to decline by an average of 49% per year for the foreseeable future. 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 (9.0% average weekly change). Market cap is less than US$100m (€64.1m market cap, or US$69.2m).New Risk • Mar 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). 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 (9.0% average weekly change). Market cap is less than US$100m (€64.9m market cap, or US$70.2m).Reported Earnings • Mar 30Full year 2024 earnings releasedFull year 2024 results: Revenue: €535.1m (down 7.6% from FY 2023). Net income: €18.2m (up 129% from FY 2023). Profit margin: 3.4% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in France.分析記事 • Mar 07There's Reason For Concern Over ACTIA Group S.A.'s (EPA:ALATI) Massive 42% Price JumpACTIA Group S.A. ( EPA:ALATI ) shares have had a really impressive month, gaining 42% after a shaky period beforehand...分析記事 • Mar 06Is It Too Late To Consider Buying ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it received a lot of attention from a...Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.14, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Electronic industry in France. Total returns to shareholders of 3.7% over the past three years.Major Estimate Revision • Feb 20Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €521.9m to €535.1m. EPS estimate fell from €1.17 to €0.945 per share. Net income forecast to shrink 48% next year vs 51% growth forecast for Electronic industry in France . Consensus price target down from €3.85 to €3.40. Share price rose 8.8% to €2.73 over the past week.分析記事 • Jan 30ACTIA Group (EPA:ALATI) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.7% 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: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risks High level of debt (102% net debt to equity). 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 (6.7% average weekly change). Market cap is less than US$100m (€54.0m market cap, or US$56.3m).お知らせ • Jan 11ACTIA Group S.A. to Report Fiscal Year 2024 Results on Mar 28, 2025ACTIA Group S.A. announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Mar 28, 2025Valuation Update With 7 Day Price Move • Nov 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.75, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Electronic industry in France. Total loss to shareholders of 13% over the past three years.Major Estimate Revision • Oct 01Consensus EPS estimates increase by 252%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €573.1m to €562.1m. EPS estimate rose from €0.31 to €1.09. Net income forecast to shrink 6.5% next year vs 41% growth forecast for Electronic industry in France . Consensus price target up from €4.55 to €4.75. Share price fell 3.3% to €3.55 over the past week.Reported Earnings • Sep 27First half 2024 earnings released: EPS: €0.61 (vs €0.093 in 1H 2023)First half 2024 results: EPS: €0.61 (up from €0.093 in 1H 2023). Revenue: €279.5m (down 3.2% from 1H 2023). Net income: €12.2m (up €10.3m from 1H 2023). Profit margin: 4.4% (up from 0.6% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Sep 25When Should You Buy ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it saw a double-digit share price rise of...New Risk • Sep 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks High level of debt (102% 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 (€73.7m market cap, or US$82.4m).分析記事 • Aug 31Returns At ACTIA Group (EPA:ALATI) Are On The Way UpFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Major Estimate Revision • Aug 08Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €604.2m to €573.1m. EPS estimate also fell from €0.59 per share to €0.50 per share. Net income forecast to grow 26% next year vs 52% growth forecast for Electronic industry in France. Consensus price target down from €4.90 to €4.55. Share price fell 7.1% to €3.29 over the past week.分析記事 • Jun 16ACTIA Group (EPA:ALATI) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Jun 06Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of French dividend payers (5.1%). Higher than average of industry peers (0.7%).Price Target Changed • May 16Price target increased by 8.9% to €4.90Up from €4.50, the current price target is an average from 2 analysts. New target price is 22% above last closing price of €4.03. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.59 for next year compared to €0.40 last year.分析記事 • May 03ACTIA Group's (EPA:ALATI) Strong Earnings Are Of Good QualityEven though ACTIA Group S.A.'s ( EPA:ALATI ) recent earnings release was robust, the market didn't seem to notice. We...Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.39 (up from €0.055 in FY 2022). Revenue: €579.3m (up 16% from FY 2022). Net income: €7.96m (up €6.84m from FY 2022). Profit margin: 1.4% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.New Risk • Apr 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). 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 (8.7% average weekly change). Market cap is less than US$100m (€83.2m market cap, or US$90.1m).分析記事 • Mar 30ACTIA Group S.A.'s (EPA:ALATI) Intrinsic Value Is Potentially 33% Above Its Share PriceKey Insights ACTIA Group's estimated fair value is €4.61 based on 2 Stage Free Cash Flow to Equity ACTIA Group's €3.47...New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.7% 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: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€73.3m market cap, or US$79.4m).分析記事 • Feb 24ACTIA Group S.A.'s (EPA:ALATI) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think ACTIA Group S.A.'s ( EPA:ALATI ) price-to-sales (or "P/S") ratio of 0.1x is worth a...Price Target Changed • Feb 22Price target decreased by 19% to €4.60Down from €5.65, the current price target is an average from 2 analysts. New target price is 21% above last closing price of €3.80. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.055 last year.分析記事 • Oct 26ACTIA Group (EPA:ALATI) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Sep 21First half 2023 earnings released: EPS: €0.093 (vs €0.15 in 1H 2022)First half 2023 results: EPS: €0.093 (down from €0.15 in 1H 2022). Revenue: €288.7m (up 16% from 1H 2022). Net income: €1.85m (down 38% from 1H 2022). Profit margin: 0.6% (down from 1.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 20ACTIA Group S.A. to Report First Half, 2023 Results on Sep 19, 2023ACTIA Group S.A. announced that they will report first half, 2023 results on Sep 19, 2023New Risk • Jul 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 216% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin).New Risk • Jun 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Jun 06Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 13 June 2023. Payment date: 15 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.1%.Buying Opportunity • Jan 06Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €5.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Dec 14ACTIA Group S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023ACTIA Group S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023Board Change • Nov 16Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Price Target Changed • Oct 11Price target increased to €5.51Up from €4.80, the current price target is an average from 2 analysts. New target price is 54% above last closing price of €3.58. Stock is up 5.0% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.32 last year.Buying Opportunity • Sep 26Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Sep 22First half 2022 earnings released: EPS: €0.15 (vs €0.077 loss in 1H 2021)First half 2022 results: EPS: €0.15 (up from €0.077 loss in 1H 2021). Revenue: €248.5m (up 10% from 1H 2021). Net income: €3.01m (up €4.56m from 1H 2021). Profit margin: 1.2% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Price Target Changed • Jun 15Price target increased to €4.52Up from €4.10, the current price target is provided by 1 analyst. New target price is 23% above last closing price of €3.68. Stock is up 10% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.95 last year.Price Target Changed • Apr 27Price target increased to €4.10Up from €3.20, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.94. Stock is up 24% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.95 last year.Board Change • Apr 27Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.分析記事 • Jan 17Some Investors May Be Worried About ACTIA Group's (EPA:ATI) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...分析記事 • Sep 27Does ACTIA Group (EPA:ATI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Sep 23First half 2021 earnings released: €0.077 loss per share (vs €0.78 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €225.5m (up 12% from 1H 2020). Net loss: €1.55m (loss narrowed 90% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Price Target Changed • May 30Price target decreased to €2.60Down from €2.80, the current price target is provided by 1 analyst. New target price is 8.1% below last closing price of €2.83. Stock is up 31% over the past year.Price Target Changed • May 21Price target decreased to €2.60Down from €2.80, the current price target is provided by 1 analyst. New target price is 12% below last closing price of €2.94. Stock is up 45% over the past year.分析記事 • May 04Consider This Before Buying ACTIA Group S.A. (EPA:ATI) For The 4.9% DividendToday we'll take a closer look at ACTIA Group S.A. ( EPA:ATI ) from a dividend investor's perspective. Owning a strong...Reported Earnings • May 04Full year 2020 earnings released: €0.95 loss per share (vs €0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €438.6m (down 16% from FY 2019). Net loss: €19.0m (down 321% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Feb 24Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.75 to -€1.17. Revenue estimate was approximately flat at €438.5m. The Electronic industry in France is expected to see an average net income growth of 5.9% next year. The consensus price target increased from €2.30 to €3.00. Share price is down by 2.3% to €3.47 over the past week.Price Target Changed • Feb 23Price target raised to €3.00Up from €2.40, the current price target is provided by 1 analyst. The new target price is 18% below the current share price of €3.67. As of last close, the stock is up 2.1% over the past year.分析記事 • Feb 15A Look At The Intrinsic Value Of ACTIA Group S.A. (EPA:ATI)Does the February share price for ACTIA Group S.A. ( EPA:ATI ) reflect what it's really worth? Today, we will estimate...Is New 90 Day High Low • Feb 12New 90-day high: €3.46The company is up 33% from its price of €2.60 on 13 November 2020. The French market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 37% over the same period.分析記事 • Jan 12Is Now An Opportune Moment To Examine ACTIA Group S.A. (EPA:ATI)?ACTIA Group S.A. ( EPA:ATI ), might not be a large cap stock, but it led the ENXTPA gainers with a relatively large...Is New 90 Day High Low • Jan 04New 90-day high: €2.88The company is up 31% from its price of €2.20 on 06 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 33% over the same period.Is New 90 Day High Low • Dec 09New 90-day high: €2.82The company is up 19% from its price of €2.37 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period.分析記事 • Dec 08Should You Buy ACTIA Group S.A. (EPA:ATI) For Its Dividend?Today we'll take a closer look at ACTIA Group S.A. ( EPA:ATI ) from a dividend investor's perspective. Owning a strong...Major Estimate Revision • Nov 13Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.68 to -€0.75. No change was made to the revenue estimate which at the last update was €440.6m. The Electronic industry in France is expected to see a 2.1% decline in net income next year. The consensus price target was lowered from €2.40 to €2.30. Share price is up 28% to €2.60 over the past week.Is New 90 Day High Low • Nov 12New 90-day high: €2.50The company is up 11% from its price of €2.26 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 22% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 5.4x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 20x in the Electronic industry in France. Total return to shareholders over the past three years is a loss of 62%.Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.84, the stock is trading at a trailing P/E ratio of 4.3x, down from the previous P/E ratio of 5.1x. This compares to an average P/E of 19x in the Electronic industry in France. Total return to shareholders over the past three years is a loss of 70%.Is New 90 Day High Low • Oct 27New 90-day low: €2.00The company is down 10.0% from its price of €2.21 on 29 July 2020. The French market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: €2.02The company is down 12% from its price of €2.30 on 26 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.Major Estimate Revision • Sep 24Analysts increase EPS estimates to -€0.68The 2020 consensus revenue estimate increased from €427.8m to €440.6m. Analysts raised their EPS forecasts from -€0.88 to -€0.68 in 2020. The Electronic industry in France is expected to see an average net income growth of 2.2% next year. The consensus price target increased from €2.30 to €2.40. Share price is down by 9.0% to €2.22 over the past week.財務状況分析短期負債: ALATIの 短期資産 ( €431.8M ) が 短期負債 ( €337.7M ) を超えています。長期負債: ALATIの短期資産 ( €431.8M ) が 長期負債 ( €134.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: ALATIの 純負債対資本比率 ( 76.1% ) は 高い と見なされます。負債の削減: ALATIの負債対資本比率は、過去 5 年間で204.5%から136.2%に減少しました。債務返済能力: ALATIの負債は 営業キャッシュフロー によって 十分にカバー されています ( 32.2% )。インタレストカバレッジ: ALATIの負債に対する 利息支払い は EBIT ( 1.1 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/06/05 20:41終値2026/06/05 00:00収益2025/12/31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ACTIA Group S.A. 1 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。3 アナリスト機関Gabrielle AgnusIn Extenso Financement & MarchéMaxence DhouryPortzamparc BNP ParibasGilbert FerrandTPICAP Midcap
分析記事 • Jun 16ACTIA Group (EPA:ALATI) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Oct 26ACTIA Group (EPA:ALATI) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Sep 27Does ACTIA Group (EPA:ATI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Apr 23ACTIA Group S.A., Annual General Meeting, May 28, 2026ACTIA Group S.A., Annual General Meeting, May 28, 2026. Location: 5 rue jorge semprun, toulouse France
New Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€72.1m market cap, or US$84.6m).
New Risk • Apr 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (97% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€74.3m market cap, or US$85.8m).
Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: €535.4m (flat on FY 2024). Net loss: €5.80m (down 142% from profit in FY 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in France.
Price Target Changed • Mar 27Price target increased by 22% to €4.45Up from €3.65, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €3.26. Stock is up 0.9% over the past year. The company is forecast to post a net loss per share of €0.55 compared to earnings per share of €0.69 last year.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 82%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.543 to -€0.987 per share. Revenue forecast of €526.7m unchanged since last update. Electronic industry in France expected to see average net income growth of 63% next year. Consensus price target up from €3.65 to €3.90. Share price fell 4.6% to €3.33 over the past week.
お知らせ • Jan 09ACTIA Group S.A. to Report Fiscal Year 2025 Results on Mar 27, 2026ACTIA Group S.A. announced that they will report fiscal year 2025 results at 7:00 AM, Central European Standard Time on Mar 27, 2026
Upcoming Dividend • Sep 04Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 11 September 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.5%). Higher than average of industry peers (0.7%).
Price Target Changed • Aug 07Price target increased by 15% to €3.90Up from €3.40, the current price target is an average from 2 analysts. New target price is 17% above last closing price of €3.32. Stock is up 0.6% over the past year. The company posted earnings per share of €0.69 last year.
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€66.1m market cap, or US$77.1m).
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 292%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €543.7m to €535.0m. Losses expected to increase from €0.068 per share to €0.27. Electronic industry in France expected to see average net income growth of 35% next year. Consensus price target up from €3.40 to €3.60. Share price fell 5.5% to €3.29 over the past week.
分析記事 • Jul 18There's No Escaping ACTIA Group S.A.'s (EPA:ALATI) Muted Earnings Despite A 27% Share Price RiseACTIA Group S.A. ( EPA:ALATI ) shareholders have had their patience rewarded with a 27% share price jump in the last...
分析記事 • Jun 18Is Now The Time To Look At Buying ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it received a lot of attention from a...
Major Estimate Revision • May 20Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.033 to -€0.038 per share. Revenue forecast unchanged at €543.7m. Electronic industry in France expected to see average net income growth of 38% next year. Consensus price target of €3.40 unchanged from last update. Share price was steady at €3.05 over the past week.
New Risk • May 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 433% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). 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 (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€60.6m market cap, or US$67.8m).
お知らせ • Apr 19ACTIA Group S.A., Annual General Meeting, May 27, 2025ACTIA Group S.A., Annual General Meeting, May 27, 2025. Location: 5 rue jorge semprun, toulouse France
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €2.70, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 11x in the Electronic industry in France. Total loss to shareholders of 25% over the past three years.
New Risk • Apr 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Interest payments are not well covered by earnings (2.5x net interest cover). Earnings are forecast to decline by an average of 49% per year for the foreseeable future. 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 (9.0% average weekly change). Market cap is less than US$100m (€64.1m market cap, or US$69.2m).
New Risk • Mar 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). 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 (9.0% average weekly change). Market cap is less than US$100m (€64.9m market cap, or US$70.2m).
Reported Earnings • Mar 30Full year 2024 earnings releasedFull year 2024 results: Revenue: €535.1m (down 7.6% from FY 2023). Net income: €18.2m (up 129% from FY 2023). Profit margin: 3.4% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in France.
分析記事 • Mar 07There's Reason For Concern Over ACTIA Group S.A.'s (EPA:ALATI) Massive 42% Price JumpACTIA Group S.A. ( EPA:ALATI ) shares have had a really impressive month, gaining 42% after a shaky period beforehand...
分析記事 • Mar 06Is It Too Late To Consider Buying ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it received a lot of attention from a...
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.14, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Electronic industry in France. Total returns to shareholders of 3.7% over the past three years.
Major Estimate Revision • Feb 20Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €521.9m to €535.1m. EPS estimate fell from €1.17 to €0.945 per share. Net income forecast to shrink 48% next year vs 51% growth forecast for Electronic industry in France . Consensus price target down from €3.85 to €3.40. Share price rose 8.8% to €2.73 over the past week.
分析記事 • Jan 30ACTIA Group (EPA:ALATI) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.7% 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: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risks High level of debt (102% net debt to equity). 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 (6.7% average weekly change). Market cap is less than US$100m (€54.0m market cap, or US$56.3m).
お知らせ • Jan 11ACTIA Group S.A. to Report Fiscal Year 2024 Results on Mar 28, 2025ACTIA Group S.A. announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Mar 28, 2025
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.75, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Electronic industry in France. Total loss to shareholders of 13% over the past three years.
Major Estimate Revision • Oct 01Consensus EPS estimates increase by 252%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €573.1m to €562.1m. EPS estimate rose from €0.31 to €1.09. Net income forecast to shrink 6.5% next year vs 41% growth forecast for Electronic industry in France . Consensus price target up from €4.55 to €4.75. Share price fell 3.3% to €3.55 over the past week.
Reported Earnings • Sep 27First half 2024 earnings released: EPS: €0.61 (vs €0.093 in 1H 2023)First half 2024 results: EPS: €0.61 (up from €0.093 in 1H 2023). Revenue: €279.5m (down 3.2% from 1H 2023). Net income: €12.2m (up €10.3m from 1H 2023). Profit margin: 4.4% (up from 0.6% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Sep 25When Should You Buy ACTIA Group S.A. (EPA:ALATI)?ACTIA Group S.A. ( EPA:ALATI ), is not the largest company out there, but it saw a double-digit share price rise of...
New Risk • Sep 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks High level of debt (102% 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 (€73.7m market cap, or US$82.4m).
分析記事 • Aug 31Returns At ACTIA Group (EPA:ALATI) Are On The Way UpFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €604.2m to €573.1m. EPS estimate also fell from €0.59 per share to €0.50 per share. Net income forecast to grow 26% next year vs 52% growth forecast for Electronic industry in France. Consensus price target down from €4.90 to €4.55. Share price fell 7.1% to €3.29 over the past week.
分析記事 • Jun 16ACTIA Group (EPA:ALATI) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Jun 06Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of French dividend payers (5.1%). Higher than average of industry peers (0.7%).
Price Target Changed • May 16Price target increased by 8.9% to €4.90Up from €4.50, the current price target is an average from 2 analysts. New target price is 22% above last closing price of €4.03. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.59 for next year compared to €0.40 last year.
分析記事 • May 03ACTIA Group's (EPA:ALATI) Strong Earnings Are Of Good QualityEven though ACTIA Group S.A.'s ( EPA:ALATI ) recent earnings release was robust, the market didn't seem to notice. We...
Reported Earnings • Apr 29Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.39 (up from €0.055 in FY 2022). Revenue: €579.3m (up 16% from FY 2022). Net income: €7.96m (up €6.84m from FY 2022). Profit margin: 1.4% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 07New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). 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 (8.7% average weekly change). Market cap is less than US$100m (€83.2m market cap, or US$90.1m).
分析記事 • Mar 30ACTIA Group S.A.'s (EPA:ALATI) Intrinsic Value Is Potentially 33% Above Its Share PriceKey Insights ACTIA Group's estimated fair value is €4.61 based on 2 Stage Free Cash Flow to Equity ACTIA Group's €3.47...
New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.7% 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: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€73.3m market cap, or US$79.4m).
分析記事 • Feb 24ACTIA Group S.A.'s (EPA:ALATI) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think ACTIA Group S.A.'s ( EPA:ALATI ) price-to-sales (or "P/S") ratio of 0.1x is worth a...
Price Target Changed • Feb 22Price target decreased by 19% to €4.60Down from €5.65, the current price target is an average from 2 analysts. New target price is 21% above last closing price of €3.80. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.055 last year.
分析記事 • Oct 26ACTIA Group (EPA:ALATI) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Sep 21First half 2023 earnings released: EPS: €0.093 (vs €0.15 in 1H 2022)First half 2023 results: EPS: €0.093 (down from €0.15 in 1H 2022). Revenue: €288.7m (up 16% from 1H 2022). Net income: €1.85m (down 38% from 1H 2022). Profit margin: 0.6% (down from 1.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 20ACTIA Group S.A. to Report First Half, 2023 Results on Sep 19, 2023ACTIA Group S.A. announced that they will report first half, 2023 results on Sep 19, 2023
New Risk • Jul 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 216% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin).
New Risk • Jun 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Jun 06Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 13 June 2023. Payment date: 15 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.1%.
Buying Opportunity • Jan 06Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €5.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Dec 14ACTIA Group S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023ACTIA Group S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023
Board Change • Nov 16Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Price Target Changed • Oct 11Price target increased to €5.51Up from €4.80, the current price target is an average from 2 analysts. New target price is 54% above last closing price of €3.58. Stock is up 5.0% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.32 last year.
Buying Opportunity • Sep 26Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Sep 22First half 2022 earnings released: EPS: €0.15 (vs €0.077 loss in 1H 2021)First half 2022 results: EPS: €0.15 (up from €0.077 loss in 1H 2021). Revenue: €248.5m (up 10% from 1H 2021). Net income: €3.01m (up €4.56m from 1H 2021). Profit margin: 1.2% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in France. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 15Price target increased to €4.52Up from €4.10, the current price target is provided by 1 analyst. New target price is 23% above last closing price of €3.68. Stock is up 10% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.95 last year.
Price Target Changed • Apr 27Price target increased to €4.10Up from €3.20, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.94. Stock is up 24% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.95 last year.
Board Change • Apr 27Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
分析記事 • Jan 17Some Investors May Be Worried About ACTIA Group's (EPA:ATI) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
分析記事 • Sep 27Does ACTIA Group (EPA:ATI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Sep 23First half 2021 earnings released: €0.077 loss per share (vs €0.78 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €225.5m (up 12% from 1H 2020). Net loss: €1.55m (loss narrowed 90% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Price Target Changed • May 30Price target decreased to €2.60Down from €2.80, the current price target is provided by 1 analyst. New target price is 8.1% below last closing price of €2.83. Stock is up 31% over the past year.
Price Target Changed • May 21Price target decreased to €2.60Down from €2.80, the current price target is provided by 1 analyst. New target price is 12% below last closing price of €2.94. Stock is up 45% over the past year.
分析記事 • May 04Consider This Before Buying ACTIA Group S.A. (EPA:ATI) For The 4.9% DividendToday we'll take a closer look at ACTIA Group S.A. ( EPA:ATI ) from a dividend investor's perspective. Owning a strong...
Reported Earnings • May 04Full year 2020 earnings released: €0.95 loss per share (vs €0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €438.6m (down 16% from FY 2019). Net loss: €19.0m (down 321% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Feb 24Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.75 to -€1.17. Revenue estimate was approximately flat at €438.5m. The Electronic industry in France is expected to see an average net income growth of 5.9% next year. The consensus price target increased from €2.30 to €3.00. Share price is down by 2.3% to €3.47 over the past week.
Price Target Changed • Feb 23Price target raised to €3.00Up from €2.40, the current price target is provided by 1 analyst. The new target price is 18% below the current share price of €3.67. As of last close, the stock is up 2.1% over the past year.
分析記事 • Feb 15A Look At The Intrinsic Value Of ACTIA Group S.A. (EPA:ATI)Does the February share price for ACTIA Group S.A. ( EPA:ATI ) reflect what it's really worth? Today, we will estimate...
Is New 90 Day High Low • Feb 12New 90-day high: €3.46The company is up 33% from its price of €2.60 on 13 November 2020. The French market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 37% over the same period.
分析記事 • Jan 12Is Now An Opportune Moment To Examine ACTIA Group S.A. (EPA:ATI)?ACTIA Group S.A. ( EPA:ATI ), might not be a large cap stock, but it led the ENXTPA gainers with a relatively large...
Is New 90 Day High Low • Jan 04New 90-day high: €2.88The company is up 31% from its price of €2.20 on 06 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 33% over the same period.
Is New 90 Day High Low • Dec 09New 90-day high: €2.82The company is up 19% from its price of €2.37 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period.
分析記事 • Dec 08Should You Buy ACTIA Group S.A. (EPA:ATI) For Its Dividend?Today we'll take a closer look at ACTIA Group S.A. ( EPA:ATI ) from a dividend investor's perspective. Owning a strong...
Major Estimate Revision • Nov 13Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.68 to -€0.75. No change was made to the revenue estimate which at the last update was €440.6m. The Electronic industry in France is expected to see a 2.1% decline in net income next year. The consensus price target was lowered from €2.40 to €2.30. Share price is up 28% to €2.60 over the past week.
Is New 90 Day High Low • Nov 12New 90-day high: €2.50The company is up 11% from its price of €2.26 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 22% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 5.4x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 20x in the Electronic industry in France. Total return to shareholders over the past three years is a loss of 62%.
Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.84, the stock is trading at a trailing P/E ratio of 4.3x, down from the previous P/E ratio of 5.1x. This compares to an average P/E of 19x in the Electronic industry in France. Total return to shareholders over the past three years is a loss of 70%.
Is New 90 Day High Low • Oct 27New 90-day low: €2.00The company is down 10.0% from its price of €2.21 on 29 July 2020. The French market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: €2.02The company is down 12% from its price of €2.30 on 26 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.
Major Estimate Revision • Sep 24Analysts increase EPS estimates to -€0.68The 2020 consensus revenue estimate increased from €427.8m to €440.6m. Analysts raised their EPS forecasts from -€0.88 to -€0.68 in 2020. The Electronic industry in France is expected to see an average net income growth of 2.2% next year. The consensus price target increased from €2.30 to €2.40. Share price is down by 9.0% to €2.22 over the past week.