View Past PerformanceCofidur バランスシートの健全性財務の健全性 基準チェック /46Cofidurの総株主資本は€29.9M 、総負債は€13.8Mで、負債比率は46.2%となります。総資産と総負債はそれぞれ€71.3Mと€41.4Mです。 Cofidurの EBIT は€322.0Kで、利息カバレッジ比率0.8です。現金および短期投資は€13.4Mです。主要情報46.20%負債資本比率€13.81m負債インタレスト・カバレッジ・レシオ0.8x現金€13.40mエクイティ€29.90m負債合計€41.36m総資産€71.26m財務の健全性に関する最新情報分析記事 • May 10Is Cofidur (EPA:ALCOF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Dec 04Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesDeclared Dividend • Apr 17Dividend reduced to €10.00Dividend of €10.00 is 33% lower than last year. Ex-date: 9th June 2026 Payment date: 11th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Apr 17Weak Statutory Earnings May Not Tell The Whole Story For Cofidur (EPA:ALCOF)Investors were disappointed by Cofidur S.A.'s ( EPA:ALCOF ) latest earnings release. We did some analysis, and found...お知らせ • Apr 17Cofidur S.A., Annual General Meeting, May 20, 2026Cofidur S.A., Annual General Meeting, May 20, 2026. Location: l uimm 7 rue de paradis, laval Franceお知らせ • Apr 16Cofidur S.A. announces Annual dividend, payable on June 11, 2026Cofidur S.A. announced Annual dividend of EUR 10.0000 per share payable on June 11, 2026, ex-date on June 09, 2026 and record date on June 10, 2026.Reported Earnings • Apr 14Full year 2025 earnings releasedFull year 2025 results: Revenue: €83.3m (up 6.6% from FY 2024). Net income: €1.04m (down 35% from FY 2024). Profit margin: 1.3% (down from 2.0% in FY 2024).New Risk • Mar 24New 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 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (€11.0m market cap, or US$12.7m).New Risk • Oct 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (€11.0m market cap, or US$12.8m).Upcoming Dividend • May 28Upcoming dividend of €15.00 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (0.6%).分析記事 • Apr 12Cofidur (EPA:ALCOF) Has Announced That Its Dividend Will Be Reduced To €15.00Cofidur S.A. ( EPA:ALCOF ) has announced it will be reducing its dividend payable on the 6th of June to €15.00, which...Declared Dividend • Apr 11Dividend reduced to €15.00Dividend of €15.00 is 25% lower than last year. Ex-date: 4th June 2025 Payment date: 6th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Apr 11Earnings Troubles May Signal Larger Issues for Cofidur (EPA:ALCOF) ShareholdersThe market wasn't impressed with the soft earnings from Cofidur S.A. ( EPA:ALCOF ) recently. We did some analysis, and...お知らせ • Apr 10Cofidur S.A. announces Annual dividend, payable on June 06, 2025Cofidur S.A. announced Annual dividend of EUR 15.0000 per share payable on June 06, 2025, ex-date on June 04, 2025 and record date on June 05, 2025.お知らせ • Apr 09Cofidur S.A., Annual General Meeting, May 14, 2025Cofidur S.A., Annual General Meeting, May 14, 2025. Location: la salle des roseaux 6 place christian d elva, change FranceReported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €79.9m (up 3.6% from FY 2023). Net income: €1.60m (down 27% from FY 2023). Profit margin: 2.0% (down from 2.9% in FY 2023).New Risk • Mar 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (€12.5m market cap, or US$13.4m).Buy Or Sell Opportunity • Jul 18Now 20% overvaluedOver the last 90 days, the stock has fallen 3.2% to €366. The fair value is estimated to be €304, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Jul 16Cofidur S.A. (ENXTPA:ALCOF) acquired Seico Soc Elec Indus Cordemais.Cofidur S.A. (ENXTPA:ALCOF) acquired Seico Soc Elec Indus Cordemais on July 15, 2024. Post completion of the acquisition, the SEICO site will be managed by Herve OLRY, who will retain his strategic functions within the Cofidur group. Cofidur S.A. (ENXTPA:ALCOF) completed the acquisition of Seico Soc Elec Indus Cordemais on July 15, 2024.Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.5% to €360. The fair value is estimated to be €298, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • May 28Upcoming dividend of €20.00 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of French dividend payers (5.2%). Higher than average of industry peers (0.6%).New Risk • Apr 18New 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: 5.1% 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 Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€15.0m market cap, or US$16.0m).Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €388, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 13x in the Electronic industry in France. Total returns to shareholders of 22% over the past three years.分析記事 • Apr 12We Think Shareholders Should Be Aware Of Some Factors Beyond Cofidur's (EPA:ALCOF) ProfitDespite posting strong earnings, Cofidur S.A.'s ( EPA:ALCOF ) stock didn't move much over the last week. We looked...New Risk • Apr 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risk Market cap is less than US$100m (€13.5m market cap, or US$14.7m).New Risk • Feb 16New 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 Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€13.1m market cap, or US$14.2m).Upcoming Dividend • May 30Upcoming dividend of €15.00 per shareEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.2%.Reported Earnings • Apr 09Full year 2022 earnings released: EPS: €18.62 (vs €32.42 in FY 2021)Full year 2022 results: EPS: €18.62 (down from €32.42 in FY 2021). Revenue: €56.6m (up 8.2% from FY 2021). Net income: €720.0k (down 43% from FY 2021). Profit margin: 1.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Daniel Thauvin is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Oct 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Daniel Thauvin is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 19% share price gain to €438, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 22x in the Electronic industry in France. Total returns to shareholders of 45% over the past three years.分析記事 • May 31Returns On Capital Signal Difficult Times Ahead For Cofidur (EPA:ALCOF)What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...Upcoming Dividend • May 25Upcoming dividend of €30.00 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.9%.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman of the Board & CEO Laurent Dupoiron was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 15First half 2021 earnings released: EPS €11.85 (vs €32.08 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €26.8m (up 11% from 1H 2020). Net income: €458.4k (up €1.70m from 1H 2020). Profit margin: 1.7% (up from net loss in 1H 2020). 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 10Is Cofidur (EPA:ALCOF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Mar 19Would Cofidur S.A. (EPA:ALCOF) Be Valuable To Income Investors?Dividend paying stocks like Cofidur S.A. ( EPA:ALCOF ) tend to be popular with investors, and for good reason - some...Is New 90 Day High Low • Mar 03New 90-day high: €306The company is up 3.0% from its price of €296 on 03 December 2020. The French market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.分析記事 • Dec 04Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Dec 01New 90-day high: €300The company is up 2.0% from its price of €294 on 31 August 2020. The French market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 4.0% over the same period.財務状況分析短期負債: ALCOFの 短期資産 ( €54.4M ) が 短期負債 ( €25.8M ) を超えています。長期負債: ALCOFの短期資産 ( €54.4M ) が 長期負債 ( €15.5M ) 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: ALCOFの 純負債対資本比率 ( 1.4% ) は 満足できる 水準であると考えられます。負債の削減: ALCOFの負債対資本比率は、過去 5 年間で26.7%から46.2%に増加しました。債務返済能力: ALCOF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 ( 52.1% )。インタレストカバレッジ: ALCOFの負債に対する 利息支払い は EBIT ( 0.8 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2026/05/22 00:46終値2026/05/22 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Cofidur S.A. 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
分析記事 • May 10Is Cofidur (EPA:ALCOF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Dec 04Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Declared Dividend • Apr 17Dividend reduced to €10.00Dividend of €10.00 is 33% lower than last year. Ex-date: 9th June 2026 Payment date: 11th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Apr 17Weak Statutory Earnings May Not Tell The Whole Story For Cofidur (EPA:ALCOF)Investors were disappointed by Cofidur S.A.'s ( EPA:ALCOF ) latest earnings release. We did some analysis, and found...
お知らせ • Apr 17Cofidur S.A., Annual General Meeting, May 20, 2026Cofidur S.A., Annual General Meeting, May 20, 2026. Location: l uimm 7 rue de paradis, laval France
お知らせ • Apr 16Cofidur S.A. announces Annual dividend, payable on June 11, 2026Cofidur S.A. announced Annual dividend of EUR 10.0000 per share payable on June 11, 2026, ex-date on June 09, 2026 and record date on June 10, 2026.
Reported Earnings • Apr 14Full year 2025 earnings releasedFull year 2025 results: Revenue: €83.3m (up 6.6% from FY 2024). Net income: €1.04m (down 35% from FY 2024). Profit margin: 1.3% (down from 2.0% in FY 2024).
New Risk • Mar 24New 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 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (€11.0m market cap, or US$12.7m).
New Risk • Oct 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (€11.0m market cap, or US$12.8m).
Upcoming Dividend • May 28Upcoming dividend of €15.00 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (0.6%).
分析記事 • Apr 12Cofidur (EPA:ALCOF) Has Announced That Its Dividend Will Be Reduced To €15.00Cofidur S.A. ( EPA:ALCOF ) has announced it will be reducing its dividend payable on the 6th of June to €15.00, which...
Declared Dividend • Apr 11Dividend reduced to €15.00Dividend of €15.00 is 25% lower than last year. Ex-date: 4th June 2025 Payment date: 6th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Apr 11Earnings Troubles May Signal Larger Issues for Cofidur (EPA:ALCOF) ShareholdersThe market wasn't impressed with the soft earnings from Cofidur S.A. ( EPA:ALCOF ) recently. We did some analysis, and...
お知らせ • Apr 10Cofidur S.A. announces Annual dividend, payable on June 06, 2025Cofidur S.A. announced Annual dividend of EUR 15.0000 per share payable on June 06, 2025, ex-date on June 04, 2025 and record date on June 05, 2025.
お知らせ • Apr 09Cofidur S.A., Annual General Meeting, May 14, 2025Cofidur S.A., Annual General Meeting, May 14, 2025. Location: la salle des roseaux 6 place christian d elva, change France
Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €79.9m (up 3.6% from FY 2023). Net income: €1.60m (down 27% from FY 2023). Profit margin: 2.0% (down from 2.9% in FY 2023).
New Risk • Mar 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (€12.5m market cap, or US$13.4m).
Buy Or Sell Opportunity • Jul 18Now 20% overvaluedOver the last 90 days, the stock has fallen 3.2% to €366. The fair value is estimated to be €304, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Jul 16Cofidur S.A. (ENXTPA:ALCOF) acquired Seico Soc Elec Indus Cordemais.Cofidur S.A. (ENXTPA:ALCOF) acquired Seico Soc Elec Indus Cordemais on July 15, 2024. Post completion of the acquisition, the SEICO site will be managed by Herve OLRY, who will retain his strategic functions within the Cofidur group. Cofidur S.A. (ENXTPA:ALCOF) completed the acquisition of Seico Soc Elec Indus Cordemais on July 15, 2024.
Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.5% to €360. The fair value is estimated to be €298, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • May 28Upcoming dividend of €20.00 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of French dividend payers (5.2%). Higher than average of industry peers (0.6%).
New Risk • Apr 18New 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: 5.1% 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 Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€15.0m market cap, or US$16.0m).
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €388, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 13x in the Electronic industry in France. Total returns to shareholders of 22% over the past three years.
分析記事 • Apr 12We Think Shareholders Should Be Aware Of Some Factors Beyond Cofidur's (EPA:ALCOF) ProfitDespite posting strong earnings, Cofidur S.A.'s ( EPA:ALCOF ) stock didn't move much over the last week. We looked...
New Risk • Apr 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risk Market cap is less than US$100m (€13.5m market cap, or US$14.7m).
New Risk • Feb 16New 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 Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€13.1m market cap, or US$14.2m).
Upcoming Dividend • May 30Upcoming dividend of €15.00 per shareEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.2%.
Reported Earnings • Apr 09Full year 2022 earnings released: EPS: €18.62 (vs €32.42 in FY 2021)Full year 2022 results: EPS: €18.62 (down from €32.42 in FY 2021). Revenue: €56.6m (up 8.2% from FY 2021). Net income: €720.0k (down 43% from FY 2021). Profit margin: 1.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Daniel Thauvin is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Oct 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Daniel Thauvin is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 19% share price gain to €438, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 22x in the Electronic industry in France. Total returns to shareholders of 45% over the past three years.
分析記事 • May 31Returns On Capital Signal Difficult Times Ahead For Cofidur (EPA:ALCOF)What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Upcoming Dividend • May 25Upcoming dividend of €30.00 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.9%.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman of the Board & CEO Laurent Dupoiron was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 15First half 2021 earnings released: EPS €11.85 (vs €32.08 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €26.8m (up 11% from 1H 2020). Net income: €458.4k (up €1.70m from 1H 2020). Profit margin: 1.7% (up from net loss in 1H 2020). 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 10Is Cofidur (EPA:ALCOF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Mar 19Would Cofidur S.A. (EPA:ALCOF) Be Valuable To Income Investors?Dividend paying stocks like Cofidur S.A. ( EPA:ALCOF ) tend to be popular with investors, and for good reason - some...
Is New 90 Day High Low • Mar 03New 90-day high: €306The company is up 3.0% from its price of €296 on 03 December 2020. The French market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
分析記事 • Dec 04Cofidur (EPA:ALCOF) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Dec 01New 90-day high: €300The company is up 2.0% from its price of €294 on 31 August 2020. The French market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 4.0% over the same period.