View ValuationCompagnie des Alpes 향후 성장Future 기준 점검 1/6Compagnie des Alpes (는) 각각 연간 6.5% 및 4.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.4% 로 예상됩니다.핵심 정보6.5%이익 성장률6.33%EPS 성장률Hospitality 이익 성장69.3%매출 성장률4.6%향후 자기자본이익률10.41%애널리스트 커버리지Good마지막 업데이트04 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 01+ 1 more updateCompagnie des Alpes SA to Report Fiscal Year 2026 Results on Dec 01, 2026Compagnie des Alpes SA announced that they will report fiscal year 2026 results Pre-Market on Dec 01, 2026공시 • Feb 17Compagnie des Alpes SA, Annual General Meeting, Mar 11, 2026Compagnie des Alpes SA, Annual General Meeting, Mar 11, 2026. Location: theatre mogador, 25 rue de mogador, paris FranceDeclared Dividend • Feb 04Dividend increased to €1.10Dividend of €1.10 is 10% higher than last year. Ex-date: 23rd March 2026 Payment date: 25th March 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.1%. Sustainability & Growth The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 04Full year 2025 earnings releasedFull year 2025 results: Revenue: €397.4m (down 68% from FY 2024). Net income: €107.1m (up 16% from FY 2024). Profit margin: 27% (up from 7.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany.공시 • Apr 28+ 1 more updateCompagnie des Alpes SA to Report Fiscal Year 2025 Results on Dec 02, 2025Compagnie des Alpes SA announced that they will report fiscal year 2025 results Pre-Market on Dec 02, 2025공시 • Apr 04Compagnie des Alpes SA (ENXTPA:CDA) acquired BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. for an enterprise value of €22 million.Compagnie des Alpes SA (ENXTPA:CDA) acquired BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. for an enterprise value of €22 million on April 3, 2025. As part of the acquisition, Belantis will be included in the Leisure Parks division as of April 3. For the period ending December 31, 2024, BELANTIS Vergnügungspark Leipzig reported total revenue of €11 million. Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. on April 3, 2025.Upcoming Dividend • Mar 14Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).공시 • Feb 05Compagnie des Alpes SA, Annual General Meeting, Mar 13, 2025Compagnie des Alpes SA, Annual General Meeting, Mar 13, 2025. Location: theatre mogador, 25 rue mogador, paris FranceReported Earnings • Feb 03Full year 2024 earnings released: EPS: €1.83 (vs €1.79 in FY 2023)Full year 2024 results: EPS: €1.83 (up from €1.79 in FY 2023). Revenue: €1.24b (up 10% from FY 2023). Net income: €92.4m (up 2.3% from FY 2023). Profit margin: 7.5% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Dec 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Dec 05Full year 2024 earnings releasedFull year 2024 results: Revenue: €1.24b (up 10% from FY 2023). Net income: €92.4m (up 2.2% from FY 2023). Profit margin: 7.5% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany.공시 • Oct 02+ 1 more updateCompagnie des Alpes SA to Report First Half, 2025 Results on May 20, 2025Compagnie des Alpes SA announced that they will report first half, 2025 results on May 20, 2025Buy Or Sell Opportunity • Jul 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to €13.18. The fair value is estimated to be €16.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period.공시 • Jun 15Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 86.5% stake in Soccer 5 France.Compagnie des Alpes SA (ENXTPA:CDA) signed an agreement to acquire 86.5% stake in Soccer 5 France on March 13, 2024. The consideration consists of €139.7 million in cash. The acquisition of 86.5% of the equity capital of Soccer 5 France SAS would be based on an enterprise value of €157 million and a share price of €129.7 million (for 86.5% of the equity capital), along with a potential earn-out of €10 million, which would be paid subject to certain conditions in the event of a positive evolution in the tax treatment applicable to the activities of Urban Group. The value of the remaining equity capital (13.5%) that would be acquired by Compagnie des Alpes in 4 to 5 years would be determined using a method equivalent to that used for the acquisition of the 86.5%. This transaction would be financed using the group’s available cash and/or its lines of credit, ensuring that external or conditional financing will not be required. It will not affect the Group’s debt ratio covenants. This tentative agreement is without prejudice to the final outcome of the deal. The completion of the acquisition would be subject to agreement of the two parties as to the final legal documentation and to certain conditions precedent.Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 86.5% stake in Soccer 5 France on June 13, 2024.공시 • May 25Compagnie des Alpes SA to Report Fiscal Year 2024 Results on Dec 03, 2024Compagnie des Alpes SA announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Dec 03, 2024Upcoming Dividend • Mar 13Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 20 March 2024. Payment date: 22 March 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 6.9%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • Dec 08Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.13b (up 17% from FY 2022). Net income: €90.4m (down 21% from FY 2022). Profit margin: 8.0% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Dec 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 61% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.0% net profit margin).공시 • Oct 22+ 2 more updatesCompagnie des Alpes SA to Report First Half, 2024 Results on May 23, 2024Compagnie des Alpes SA announced that they will report first half, 2024 results on May 23, 2024공시 • Aug 01Compagnie des Alpes SA to Report Fiscal Year 2023 Results on Dec 05, 2023Compagnie des Alpes SA announced that they will report fiscal year 2023 results on Dec 05, 2023Reported Earnings • May 30First half 2023 earnings released: EPS: €2.13 (vs €2.24 in 1H 2022)First half 2023 results: EPS: €2.13 (down from €2.24 in 1H 2022). Revenue: €680.1m (up 26% from 1H 2022). Net income: €107.6m (down 4.5% from 1H 2022). Profit margin: 16% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 07Upcoming dividend of €0.83 per shareEligible shareholders must have bought the stock before 14 March 2023. Payment date: 16 March 2023. The company last paid an ordinary dividend in March 2012. The average dividend yield among industry peers is 2.2%.공시 • Jan 25+ 1 more updateCompagnie des Alpes SA, Annual General Meeting, Mar 09, 2023Compagnie des Alpes SA, Annual General Meeting, Mar 09, 2023.공시 • Oct 06Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 85% stake in Mer Montagne Vacances SA.Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million on June 29, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities. Lacourte Raquin Tatar acted as legal advisor and Mazars Group, Investment Banking Arm acted as financial advisor to Compagnie des Alpes SA. Numa Avocats acted as legal advisor to Mer Montagne Vacances SA. Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 85% stake in Mer Montagne Vacances SA on October 5, 2022.공시 • Jun 30Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million.Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million on June 29, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to €15.42, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Hospitality industry in Europe. Total loss to shareholders of 8.8% over the past three years.Reported Earnings • May 26First half 2022 earnings releasedFirst half 2022 results: Revenue: €541.2m (up €509.7m from 1H 2021). Net income: €112.7m (up €235.3m from 1H 2021). Profit margin: 21% (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 22%, compared to a 34% growth forecast for the industry in Germany.Reported Earnings • Dec 09Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €240.6m (down 61% from FY 2020). Net loss: €121.7m (loss widened 17% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 240%, compared to a 23% growth forecast for the restaurants industry in Germany.Reported Earnings • Jun 03First half 2021 earnings releasedThe company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: €31.5m (down 93% from 1H 2020). Net loss: €122.6m (down 357% from profit in 1H 2020).공시 • Mar 10Compagnie des Alpes SA, Annual General Meeting, Mar 25, 2021Compagnie des Alpes SA, Annual General Meeting, Mar 25, 2021, at 09:00 Central European Standard Time. Location: 8 place de l'Opéra Paris France Agenda: To consider annual results and the prospects and strategic orientations.Is New 90 Day High Low • Feb 25New 90-day high: €20.90The company is up 11% from its price of €18.84 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.21 per share.Is New 90 Day High Low • Dec 04New 90-day high: €20.15The company is up 26% from its price of €15.94 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.98 per share.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 23% share price gain to €16.84, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 23x in the Hospitality industry in Germany. Total return to shareholders over the past three years is a loss of 27%.Is New 90 Day High Low • Oct 29New 90-day low: €13.08The company is down 16% from its price of €15.48 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.39 per share.이익 및 매출 성장 예측BST:JCA - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20281,59513213040049/30/20271,5261259336969/30/20261,4761228838779/30/20251,397107113379N/A6/30/20251,36310396371N/A3/31/20251,3289978363N/A12/31/20241,2839675352N/A9/30/20241,2399273341N/A6/30/20241,22410168333N/A3/31/20241,20811062325N/A12/31/20231,16710041292N/A9/30/20231,1259020260N/A6/30/20231,11110080307N/A3/31/20231,096109139354N/A12/31/20221,027112160356N/A9/30/2022959114181359N/A6/30/2022854114268432N/A3/31/2022750114355505N/A12/31/2021495-4144291N/A9/30/2021241-122-6878N/A6/30/2021209-198-211-66N/A3/31/2021177-275-354-209N/A12/31/2020396-189-216-54N/A9/30/2020616-104-77101N/A6/30/2020721-30-60127N/A3/31/202082645-42154N/A12/31/201984054-28177N/A9/30/201985462-14200N/A6/30/201983556N/A203N/A3/31/201981751N/A207N/A12/31/201880952N/A203N/A9/30/201880154N/A198N/A6/30/201879058N/A203N/A3/31/201878063N/A208N/A12/31/201776859N/A195N/A9/30/201775656N/A182N/A6/30/201774648N/AN/AN/A3/31/201773540N/A178N/A12/31/201672837N/A182N/A9/30/201672033N/A186N/A6/30/201671934N/AN/AN/A3/31/201671934N/A187N/A12/31/201570732N/A175N/A9/30/201569630N/A162N/A6/30/201569931N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: JCA 의 연간 예상 수익 증가율(6.5%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: JCA 의 연간 수익(6.5%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: JCA 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: JCA 의 수익(연간 4.6%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: JCA 의 수익(연간 4.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: JCA의 자본 수익률은 3년 후 10.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:05종가2026/05/21 00:00수익2025/09/30연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Compagnie des Alpes SA는 18명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Remi GrenuBerenbergFlavien BaudemontBernsteinMarie-Line FortBernstein15명의 분석가 더 보기
공시 • May 01+ 1 more updateCompagnie des Alpes SA to Report Fiscal Year 2026 Results on Dec 01, 2026Compagnie des Alpes SA announced that they will report fiscal year 2026 results Pre-Market on Dec 01, 2026
공시 • Feb 17Compagnie des Alpes SA, Annual General Meeting, Mar 11, 2026Compagnie des Alpes SA, Annual General Meeting, Mar 11, 2026. Location: theatre mogador, 25 rue de mogador, paris France
Declared Dividend • Feb 04Dividend increased to €1.10Dividend of €1.10 is 10% higher than last year. Ex-date: 23rd March 2026 Payment date: 25th March 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.1%. Sustainability & Growth The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 04Full year 2025 earnings releasedFull year 2025 results: Revenue: €397.4m (down 68% from FY 2024). Net income: €107.1m (up 16% from FY 2024). Profit margin: 27% (up from 7.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany.
공시 • Apr 28+ 1 more updateCompagnie des Alpes SA to Report Fiscal Year 2025 Results on Dec 02, 2025Compagnie des Alpes SA announced that they will report fiscal year 2025 results Pre-Market on Dec 02, 2025
공시 • Apr 04Compagnie des Alpes SA (ENXTPA:CDA) acquired BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. for an enterprise value of €22 million.Compagnie des Alpes SA (ENXTPA:CDA) acquired BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. for an enterprise value of €22 million on April 3, 2025. As part of the acquisition, Belantis will be included in the Leisure Parks division as of April 3. For the period ending December 31, 2024, BELANTIS Vergnügungspark Leipzig reported total revenue of €11 million. Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of BELANTIS Vergnügungspark Leipzig from Parques Reunidos Servicios Centrales, S.A. on April 3, 2025.
Upcoming Dividend • Mar 14Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).
공시 • Feb 05Compagnie des Alpes SA, Annual General Meeting, Mar 13, 2025Compagnie des Alpes SA, Annual General Meeting, Mar 13, 2025. Location: theatre mogador, 25 rue mogador, paris France
Reported Earnings • Feb 03Full year 2024 earnings released: EPS: €1.83 (vs €1.79 in FY 2023)Full year 2024 results: EPS: €1.83 (up from €1.79 in FY 2023). Revenue: €1.24b (up 10% from FY 2023). Net income: €92.4m (up 2.3% from FY 2023). Profit margin: 7.5% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Dec 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Dec 05Full year 2024 earnings releasedFull year 2024 results: Revenue: €1.24b (up 10% from FY 2023). Net income: €92.4m (up 2.2% from FY 2023). Profit margin: 7.5% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany.
공시 • Oct 02+ 1 more updateCompagnie des Alpes SA to Report First Half, 2025 Results on May 20, 2025Compagnie des Alpes SA announced that they will report first half, 2025 results on May 20, 2025
Buy Or Sell Opportunity • Jul 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to €13.18. The fair value is estimated to be €16.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period.
공시 • Jun 15Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 86.5% stake in Soccer 5 France.Compagnie des Alpes SA (ENXTPA:CDA) signed an agreement to acquire 86.5% stake in Soccer 5 France on March 13, 2024. The consideration consists of €139.7 million in cash. The acquisition of 86.5% of the equity capital of Soccer 5 France SAS would be based on an enterprise value of €157 million and a share price of €129.7 million (for 86.5% of the equity capital), along with a potential earn-out of €10 million, which would be paid subject to certain conditions in the event of a positive evolution in the tax treatment applicable to the activities of Urban Group. The value of the remaining equity capital (13.5%) that would be acquired by Compagnie des Alpes in 4 to 5 years would be determined using a method equivalent to that used for the acquisition of the 86.5%. This transaction would be financed using the group’s available cash and/or its lines of credit, ensuring that external or conditional financing will not be required. It will not affect the Group’s debt ratio covenants. This tentative agreement is without prejudice to the final outcome of the deal. The completion of the acquisition would be subject to agreement of the two parties as to the final legal documentation and to certain conditions precedent.Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 86.5% stake in Soccer 5 France on June 13, 2024.
공시 • May 25Compagnie des Alpes SA to Report Fiscal Year 2024 Results on Dec 03, 2024Compagnie des Alpes SA announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Dec 03, 2024
Upcoming Dividend • Mar 13Upcoming dividend of €0.91 per shareEligible shareholders must have bought the stock before 20 March 2024. Payment date: 22 March 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 6.9%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • Dec 08Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.13b (up 17% from FY 2022). Net income: €90.4m (down 21% from FY 2022). Profit margin: 8.0% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Dec 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 61% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.0% net profit margin).
공시 • Oct 22+ 2 more updatesCompagnie des Alpes SA to Report First Half, 2024 Results on May 23, 2024Compagnie des Alpes SA announced that they will report first half, 2024 results on May 23, 2024
공시 • Aug 01Compagnie des Alpes SA to Report Fiscal Year 2023 Results on Dec 05, 2023Compagnie des Alpes SA announced that they will report fiscal year 2023 results on Dec 05, 2023
Reported Earnings • May 30First half 2023 earnings released: EPS: €2.13 (vs €2.24 in 1H 2022)First half 2023 results: EPS: €2.13 (down from €2.24 in 1H 2022). Revenue: €680.1m (up 26% from 1H 2022). Net income: €107.6m (down 4.5% from 1H 2022). Profit margin: 16% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 07Upcoming dividend of €0.83 per shareEligible shareholders must have bought the stock before 14 March 2023. Payment date: 16 March 2023. The company last paid an ordinary dividend in March 2012. The average dividend yield among industry peers is 2.2%.
공시 • Jan 25+ 1 more updateCompagnie des Alpes SA, Annual General Meeting, Mar 09, 2023Compagnie des Alpes SA, Annual General Meeting, Mar 09, 2023.
공시 • Oct 06Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 85% stake in Mer Montagne Vacances SA.Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million on June 29, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities. Lacourte Raquin Tatar acted as legal advisor and Mazars Group, Investment Banking Arm acted as financial advisor to Compagnie des Alpes SA. Numa Avocats acted as legal advisor to Mer Montagne Vacances SA. Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 85% stake in Mer Montagne Vacances SA on October 5, 2022.
공시 • Jun 30Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million.Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of €172.6 million on June 29, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to €15.42, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Hospitality industry in Europe. Total loss to shareholders of 8.8% over the past three years.
Reported Earnings • May 26First half 2022 earnings releasedFirst half 2022 results: Revenue: €541.2m (up €509.7m from 1H 2021). Net income: €112.7m (up €235.3m from 1H 2021). Profit margin: 21% (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 22%, compared to a 34% growth forecast for the industry in Germany.
Reported Earnings • Dec 09Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €240.6m (down 61% from FY 2020). Net loss: €121.7m (loss widened 17% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 240%, compared to a 23% growth forecast for the restaurants industry in Germany.
Reported Earnings • Jun 03First half 2021 earnings releasedThe company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: €31.5m (down 93% from 1H 2020). Net loss: €122.6m (down 357% from profit in 1H 2020).
공시 • Mar 10Compagnie des Alpes SA, Annual General Meeting, Mar 25, 2021Compagnie des Alpes SA, Annual General Meeting, Mar 25, 2021, at 09:00 Central European Standard Time. Location: 8 place de l'Opéra Paris France Agenda: To consider annual results and the prospects and strategic orientations.
Is New 90 Day High Low • Feb 25New 90-day high: €20.90The company is up 11% from its price of €18.84 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.21 per share.
Is New 90 Day High Low • Dec 04New 90-day high: €20.15The company is up 26% from its price of €15.94 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.98 per share.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 23% share price gain to €16.84, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 23x in the Hospitality industry in Germany. Total return to shareholders over the past three years is a loss of 27%.
Is New 90 Day High Low • Oct 29New 90-day low: €13.08The company is down 16% from its price of €15.48 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.39 per share.