お知らせ • May 19
Compagnie des Eaux de Royan, Annual General Meeting, Jun 18, 2026 Compagnie des Eaux de Royan, Annual General Meeting, Jun 18, 2026. Location: 13 rue paul emile victor, vaux sur mer France New Risk • Jan 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Market cap is less than US$10m (€7.38m market cap, or US$8.56m). 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 (6.6% average weekly change). Buy Or Sell Opportunity • Dec 04
Now 22% overvalued Over the last 90 days, the stock has fallen 7.8% to €45.00. The fair value is estimated to be €37.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Sep 29
Now 21% overvalued Over the last 90 days, the stock has fallen 2.6% to €44.60. The fair value is estimated to be €37.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Sep 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.14m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Market cap is less than US$10m (€8.14m market cap, or US$9.62m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jul 24
Now 30% overvalued Over the last 90 days, the stock has fallen 4.0% to €47.80. The fair value is estimated to be €36.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €47.60, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 30x in the Water Utilities industry in Europe. Total loss to shareholders of 41% over the past three years. Buy Or Sell Opportunity • Jun 24
Now 24% overvalued Over the last 90 days, the stock has fallen 4.2% to €45.80. The fair value is estimated to be €36.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 37% over the last year. Earnings per share has declined by 75%. New Risk • May 25
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Revenue has declined by 37% over the past year. Market cap is less than US$10m (€8.60m market cap, or US$9.77m). 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). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). お知らせ • May 20
Compagnie des Eaux de Royan, Annual General Meeting, Jun 25, 2025 Compagnie des Eaux de Royan, Annual General Meeting, Jun 25, 2025. Location: 13 rue paul emile victor, vaux sur mer France Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €49.80, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 28x in the Water Utilities industry in Europe. Total loss to shareholders of 37% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 7.3% to €49.80. The fair value is estimated to be €36.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 37% over the last year. Earnings per share has declined by 75%. Buy Or Sell Opportunity • Jan 29
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 7.8% to €50.00. The fair value is estimated to be €39.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 37% over the last year. Earnings per share has declined by 75%. Board Change • Jan 09
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman & CEO Louis-Roch Burgard was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Dec 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risks Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (€8.96m market cap, or US$9.46m). Minor Risks Latest financial reports are more than 6 months old (reported December 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 (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Buy Or Sell Opportunity • Nov 21
Now 25% overvalued Over the last 90 days, the stock has fallen 19% to €50.00. The fair value is estimated to be €39.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 11%. Buy Or Sell Opportunity • Nov 01
Now 16% overvalued Over the last 90 days, the stock has fallen 23% to €46.40. The fair value is estimated to be €39.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 11%. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €46.40, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 23x in the Water Utilities industry in Europe. Total loss to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €64.00, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 50x in the Water Utilities industry in Europe. Total loss to shareholders of 28% over the past three years. New Risk • Jun 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 6.3% 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 Risk Earnings have declined by 26% per year over the past 5 years. 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 (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€12.6m market cap, or US$13.5m). New Risk • Jun 04
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Revenue has declined by 22% over the past year. 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 (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€14.2m market cap, or US$15.4m). New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.8% 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 Revenue has declined by 22% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 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 (6.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€14.2m market cap, or US$15.3m). お知らせ • May 20
Compagnie des Eaux de Royan, Annual General Meeting, Jun 26, 2024 Compagnie des Eaux de Royan, Annual General Meeting, Jun 26, 2024. Location: 13 rue paul emile victor, vaux sur mer France New Risk • Dec 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 20% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€15.1m market cap, or US$16.5m). New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.5% 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 Latest financial reports are more than 1 year old (reported December 2020 fiscal period end). 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 (6.5% average weekly change). Market cap is less than US$100m (€16.1m market cap, or US$17.6m). Buying Opportunity • May 11
Now 23% undervalued Over the last 90 days, the stock is up 9.6%. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman & CEO Louis-Roch Burgard was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 29
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman & CEO Louis-Roch Burgard was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Mar 05
New 90-day low: €103 The company is down 6.0% from its price of €109 on 04 December 2020. The French market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 8.0% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: €116 The company is up 8.0% from its price of €107 on 09 October 2020. The French market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 1.0% over the same period.