View Financial HealthKumulus Vape 배당 및 자사주 매입배당 기준 점검 3/6Kumulus Vape 수익으로 충분히 충당되는 현재 수익률 3.41% 보유한 배당금 지급 회사입니다. 다음 지급일은 30th June, 2026 이며 배당락일은 다음과 같습니다. 26th June, 2026.핵심 정보3.4%배당 수익률-10.1%자사주 매입 수익률총 주주 수익률-6.7%미래 배당 수익률3.4%배당 성장률14.1%다음 배당 지급일30 Jun 26배당락일26 Jun 26주당 배당금n/a배당 성향30%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 29Dividend reduced to €0.10Dividend of €0.10 is 41% lower than last year. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Upcoming Dividend • Jun 19Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.2%).Declared Dividend • May 21Dividend increased to €0.17Dividend of €0.17 is 13% higher than last year. Ex-date: 26th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 19Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of French dividend payers (5.6%). Lower than average of industry peers (4.0%).Upcoming Dividend • Jun 21Upcoming dividend of €0.10 per share at 1.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (5.1%).모든 업데이트 보기Recent updatesDeclared Dividend • May 29Dividend reduced to €0.10Dividend of €0.10 is 41% lower than last year. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공시 • May 07Kumulus Vape S.A., Annual General Meeting, Jun 11, 2026Kumulus Vape S.A., Annual General Meeting, Jun 11, 2026. Location: 21 rue marcel merieux, corbas FranceReported Earnings • Apr 12Full year 2025 earnings releasedFull year 2025 results: Revenue: €57.5m (down 5.2% from FY 2024). Net income: €995.0k (down 62% from FY 2024). Profit margin: 1.7% (down from 4.4% in FY 2024). The decrease in margin was driven by lower revenue.Buy Or Sell Opportunity • Mar 25Now 27% overvaluedOver the last 90 days, the stock has fallen 21% to €3.45. The fair value is estimated to be €2.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.20, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Specialty Retail industry in France. Total loss to shareholders of 55% over the past three years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €3.69, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Specialty Retail industry in France. Total loss to shareholders of 56% over the past three years.분석 기사 • Sep 29At €3.90, Is It Time To Put Kumulus Vape S.A. (EPA:ALVAP) On Your Watch List?Kumulus Vape S.A. ( EPA:ALVAP ), might not be a large cap stock, but it received a lot of attention from a substantial...Reported Earnings • Sep 23First half 2025 earnings releasedFirst half 2025 results: Revenue: €27.8m (down 3.6% from 1H 2024). Net income: €613.0k (down 54% from 1H 2024). Profit margin: 2.2% (down from 4.6% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Specialty Retail industry in France.Upcoming Dividend • Jun 19Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.2%).분석 기사 • May 22Investors Will Want Kumulus Vape's (EPA:ALVAP) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Declared Dividend • May 21Dividend increased to €0.17Dividend of €0.17 is 13% higher than last year. Ex-date: 26th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • May 20+ 1 more updateKumulus Vape S.A., Annual General Meeting, Jun 23, 2025Kumulus Vape S.A., Annual General Meeting, Jun 23, 2025. Location: 21 rue marcel merieux, corbas FranceNew Risk • May 12New 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: 3.4% 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€15.2m market cap, or US$17.1m).Reported Earnings • Apr 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €60.7m (up 1.0% from FY 2023). Net income: €2.64m (up 4.0% from FY 2023). Profit margin: 4.4% (up from 4.2% in FY 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in France.분석 기사 • Apr 12Investors Don't See Light At End Of Kumulus Vape S.A.'s (EPA:ALVAP) TunnelKumulus Vape S.A.'s ( EPA:ALVAP ) price-to-earnings (or "P/E") ratio of 5.8x might make it look like a strong buy right...Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.93, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Specialty Retail industry in France. Total loss to shareholders of 52% over the past three years.New Risk • Dec 20New 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€16.5m market cap, or US$17.1m).분석 기사 • Dec 10What Does Kumulus Vape S.A.'s (EPA:ALVAP) Share Price Indicate?Kumulus Vape S.A. ( EPA:ALVAP ), is not the largest company out there, but it received a lot of attention from a...Reported Earnings • Nov 04First half 2024 earnings releasedFirst half 2024 results: Revenue: €30.1m (up 1.9% from 1H 2023). Net income: €1.23m (down 3.2% from 1H 2023). Profit margin: 4.1% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail 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 fallen by 21% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.08, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Specialty Retail industry in France. Total loss to shareholders of 42% over the past three years.Reported Earnings • Sep 22First half 2024 earnings releasedFirst half 2024 results: Revenue: €30.1m (up 1.9% from 1H 2023). Net income: €1.23m (down 3.2% from 1H 2023). Profit margin: 4.1% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in France.분석 기사 • Aug 01Kumulus Vape (EPA:ALVAP) Will Want To Turn Around Its Return TrendsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Upcoming Dividend • Jun 19Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of French dividend payers (5.6%). Lower than average of industry peers (4.0%).공시 • May 15Kumulus Vape S.A., Annual General Meeting, Jun 17, 2024Kumulus Vape S.A., Annual General Meeting, Jun 17, 2024. Location: 21 rue marcel merieux, corbas FranceReported Earnings • Apr 13Full year 2023 earnings releasedFull year 2023 results: Revenue: €60.0m (up 7.7% from FY 2022). Net income: €2.54m (up 14% from FY 2022). Profit margin: 4.2% (up from 4.0% in FY 2022). The increase in margin was driven by higher revenue.분석 기사 • Apr 11Kumulus Vape (EPA:ALVAP) Is Reinvesting To Multiply In ValueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €8.36, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 8x in the Specialty Retail industry in France. Total returns to shareholders of 36% over the past three years.분석 기사 • Dec 19Kumulus Vape (EPA:ALVAP) Looks To Prolong Its Impressive ReturnsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Reported Earnings • Oct 18First half 2023 earnings releasedFirst half 2023 results: EPS: €0.42. Revenue: €29.6m (up 19% from 1H 2022). Net income: €1.27m (up 39% from 1H 2022). Profit margin: 4.3% (up from 3.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 24Do Kumulus Vape's (EPA:ALVAP) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...공시 • Jul 28Kumulus Vape S.A. (ENXTPA:ALVAP) acquired Delia Diffusion.Kumulus Vape S.A. (ENXTPA:ALVAP) acquired Delia Diffusion on July 27, 2023. This acquisition of the company Delia diffusion, which manages the network of specialized Cigaverte stores, is mainly financed by borrowing. The turnover of the Cigaverte network as of financial year ended on September 30, 2022 amounted to €7.8 million. Kumulus Vape S.A. (ENXTPA:ALVAP) completed the acquisition of Delia Diffusion on July 27, 2023.Upcoming Dividend • Jun 21Upcoming dividend of €0.10 per share at 1.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (5.1%).Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.분석 기사 • Jul 06The Price Is Right For Kumulus Vape S.A. (EPA:ALVAP)With a price-to-earnings (or "P/E") ratio of 18.2x Kumulus Vape S.A. ( EPA:ALVAP ) may be sending bearish signals at...Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €10.20, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 9x in the Online Retail industry in France. Total returns to shareholders of 21% over the past year.분석 기사 • Jan 05Kumulus Vape's (EPA:ALVAP) Returns On Capital Not Reflecting Well On The BusinessWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Reported Earnings • Sep 28First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €16.5m (up 77% from 1H 2020). Net income: €797.2k (up 164% from 1H 2020). Profit margin: 4.8% (up from 3.2% in 1H 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to €14.50, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 12x in the Online Retail industry in France. Total returns to shareholders of 164% over the past year.Reported Earnings • Apr 26Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €22.5m (up 111% from FY 2019). Net income: €826.0k (up €748.5k from FY 2019). Profit margin: 3.7% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 12New 90-day high: €7.30The company is up 29% from its price of €5.65 on 11 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 Online Retail industry, which is up 64% over the same period.Is New 90 Day High Low • Jan 23New 90-day high: €6.95The company is up 72% from its price of €4.04 on 22 October 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 54% over the same period.Is New 90 Day High Low • Jan 06New 90-day high: €6.90The company is up 67% from its price of €4.12 on 08 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 58% over the same period.Is New 90 Day High Low • Dec 22New 90-day high: €6.30The company is up 27% from its price of €4.98 on 17 September 2020. The French market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 51% over the same period.Is New 90 Day High Low • Oct 22New 90-day low: €4.04The company is down 18% from its price of €4.94 on 21 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 19% over the same period.Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of €328.9k, up 69% from the prior year. Total revenue was €15.2m over the last 12 months, up 75% from the prior year.Is New 90 Day High Low • Sep 26New 90-day high: €5.95The company is up 43% from its price of €4.16 on 26 June 2020. The French market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 10.0% over the same period.예정된 배당 지급오늘Jun 17 2026배당락일Jun 26 2026배당 지급일Jun 30 20264 days (배당락일 기준)다음 배당금을 받으려면 앞으로 9 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: ALVAP 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: ALVAP 3 년 동안만 배당금을 지급해 왔으며 그 이후로 지급액이 증가하지 않았습니다.배당 수익률 vs 시장Kumulus Vape 배당 수익률 vs 시장ALVAP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ALVAP)3.4%시장 하위 25% (FR)1.9%시장 상위 25% (FR)5.3%업계 평균 (Specialty Retail)3.2%분석가 예측 (ALVAP) (최대 3년)3.4%주목할만한 배당금: ALVAP 의 배당금( 3.41% )은 French 시장에서 배당금 지급자의 하위 25%( 1.95% )보다 높습니다.고배당: ALVAP 의 배당금( 3.41% )은 French 시장에서 배당금 지급자의 상위 25%( 5.35% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 30.3% )로 ALVAP 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 14.7% )이 낮기 때문에 ALVAP 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YFR 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 09:41종가2026/06/16 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Kumulus Vape S.A.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Veneta NikolovaTPICAP Midcap
Declared Dividend • May 29Dividend reduced to €0.10Dividend of €0.10 is 41% lower than last year. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Upcoming Dividend • Jun 19Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.2%).
Declared Dividend • May 21Dividend increased to €0.17Dividend of €0.17 is 13% higher than last year. Ex-date: 26th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 19Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of French dividend payers (5.6%). Lower than average of industry peers (4.0%).
Upcoming Dividend • Jun 21Upcoming dividend of €0.10 per share at 1.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (5.1%).
Declared Dividend • May 29Dividend reduced to €0.10Dividend of €0.10 is 41% lower than last year. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공시 • May 07Kumulus Vape S.A., Annual General Meeting, Jun 11, 2026Kumulus Vape S.A., Annual General Meeting, Jun 11, 2026. Location: 21 rue marcel merieux, corbas France
Reported Earnings • Apr 12Full year 2025 earnings releasedFull year 2025 results: Revenue: €57.5m (down 5.2% from FY 2024). Net income: €995.0k (down 62% from FY 2024). Profit margin: 1.7% (down from 4.4% in FY 2024). The decrease in margin was driven by lower revenue.
Buy Or Sell Opportunity • Mar 25Now 27% overvaluedOver the last 90 days, the stock has fallen 21% to €3.45. The fair value is estimated to be €2.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.20, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Specialty Retail industry in France. Total loss to shareholders of 55% over the past three years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €3.69, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Specialty Retail industry in France. Total loss to shareholders of 56% over the past three years.
분석 기사 • Sep 29At €3.90, Is It Time To Put Kumulus Vape S.A. (EPA:ALVAP) On Your Watch List?Kumulus Vape S.A. ( EPA:ALVAP ), might not be a large cap stock, but it received a lot of attention from a substantial...
Reported Earnings • Sep 23First half 2025 earnings releasedFirst half 2025 results: Revenue: €27.8m (down 3.6% from 1H 2024). Net income: €613.0k (down 54% from 1H 2024). Profit margin: 2.2% (down from 4.6% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Specialty Retail industry in France.
Upcoming Dividend • Jun 19Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.2%).
분석 기사 • May 22Investors Will Want Kumulus Vape's (EPA:ALVAP) Growth In ROCE To PersistTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Declared Dividend • May 21Dividend increased to €0.17Dividend of €0.17 is 13% higher than last year. Ex-date: 26th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 20+ 1 more updateKumulus Vape S.A., Annual General Meeting, Jun 23, 2025Kumulus Vape S.A., Annual General Meeting, Jun 23, 2025. Location: 21 rue marcel merieux, corbas France
New Risk • May 12New 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: 3.4% 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€15.2m market cap, or US$17.1m).
Reported Earnings • Apr 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €60.7m (up 1.0% from FY 2023). Net income: €2.64m (up 4.0% from FY 2023). Profit margin: 4.4% (up from 4.2% in FY 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in France.
분석 기사 • Apr 12Investors Don't See Light At End Of Kumulus Vape S.A.'s (EPA:ALVAP) TunnelKumulus Vape S.A.'s ( EPA:ALVAP ) price-to-earnings (or "P/E") ratio of 5.8x might make it look like a strong buy right...
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.93, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Specialty Retail industry in France. Total loss to shareholders of 52% over the past three years.
New Risk • Dec 20New 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€16.5m market cap, or US$17.1m).
분석 기사 • Dec 10What Does Kumulus Vape S.A.'s (EPA:ALVAP) Share Price Indicate?Kumulus Vape S.A. ( EPA:ALVAP ), is not the largest company out there, but it received a lot of attention from a...
Reported Earnings • Nov 04First half 2024 earnings releasedFirst half 2024 results: Revenue: €30.1m (up 1.9% from 1H 2023). Net income: €1.23m (down 3.2% from 1H 2023). Profit margin: 4.1% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail 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 fallen by 21% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.08, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Specialty Retail industry in France. Total loss to shareholders of 42% over the past three years.
Reported Earnings • Sep 22First half 2024 earnings releasedFirst half 2024 results: Revenue: €30.1m (up 1.9% from 1H 2023). Net income: €1.23m (down 3.2% from 1H 2023). Profit margin: 4.1% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in France.
분석 기사 • Aug 01Kumulus Vape (EPA:ALVAP) Will Want To Turn Around Its Return TrendsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Upcoming Dividend • Jun 19Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of French dividend payers (5.6%). Lower than average of industry peers (4.0%).
공시 • May 15Kumulus Vape S.A., Annual General Meeting, Jun 17, 2024Kumulus Vape S.A., Annual General Meeting, Jun 17, 2024. Location: 21 rue marcel merieux, corbas France
Reported Earnings • Apr 13Full year 2023 earnings releasedFull year 2023 results: Revenue: €60.0m (up 7.7% from FY 2022). Net income: €2.54m (up 14% from FY 2022). Profit margin: 4.2% (up from 4.0% in FY 2022). The increase in margin was driven by higher revenue.
분석 기사 • Apr 11Kumulus Vape (EPA:ALVAP) Is Reinvesting To Multiply In ValueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €8.36, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 8x in the Specialty Retail industry in France. Total returns to shareholders of 36% over the past three years.
분석 기사 • Dec 19Kumulus Vape (EPA:ALVAP) Looks To Prolong Its Impressive ReturnsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Reported Earnings • Oct 18First half 2023 earnings releasedFirst half 2023 results: EPS: €0.42. Revenue: €29.6m (up 19% from 1H 2022). Net income: €1.27m (up 39% from 1H 2022). Profit margin: 4.3% (up from 3.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 24Do Kumulus Vape's (EPA:ALVAP) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
공시 • Jul 28Kumulus Vape S.A. (ENXTPA:ALVAP) acquired Delia Diffusion.Kumulus Vape S.A. (ENXTPA:ALVAP) acquired Delia Diffusion on July 27, 2023. This acquisition of the company Delia diffusion, which manages the network of specialized Cigaverte stores, is mainly financed by borrowing. The turnover of the Cigaverte network as of financial year ended on September 30, 2022 amounted to €7.8 million. Kumulus Vape S.A. (ENXTPA:ALVAP) completed the acquisition of Delia Diffusion on July 27, 2023.
Upcoming Dividend • Jun 21Upcoming dividend of €0.10 per share at 1.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (5.1%).
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
분석 기사 • Jul 06The Price Is Right For Kumulus Vape S.A. (EPA:ALVAP)With a price-to-earnings (or "P/E") ratio of 18.2x Kumulus Vape S.A. ( EPA:ALVAP ) may be sending bearish signals at...
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €10.20, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 9x in the Online Retail industry in France. Total returns to shareholders of 21% over the past year.
분석 기사 • Jan 05Kumulus Vape's (EPA:ALVAP) Returns On Capital Not Reflecting Well On The BusinessWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Reported Earnings • Sep 28First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €16.5m (up 77% from 1H 2020). Net income: €797.2k (up 164% from 1H 2020). Profit margin: 4.8% (up from 3.2% in 1H 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to €14.50, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 12x in the Online Retail industry in France. Total returns to shareholders of 164% over the past year.
Reported Earnings • Apr 26Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €22.5m (up 111% from FY 2019). Net income: €826.0k (up €748.5k from FY 2019). Profit margin: 3.7% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 12New 90-day high: €7.30The company is up 29% from its price of €5.65 on 11 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 Online Retail industry, which is up 64% over the same period.
Is New 90 Day High Low • Jan 23New 90-day high: €6.95The company is up 72% from its price of €4.04 on 22 October 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 54% over the same period.
Is New 90 Day High Low • Jan 06New 90-day high: €6.90The company is up 67% from its price of €4.12 on 08 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 58% over the same period.
Is New 90 Day High Low • Dec 22New 90-day high: €6.30The company is up 27% from its price of €4.98 on 17 September 2020. The French market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 51% over the same period.
Is New 90 Day High Low • Oct 22New 90-day low: €4.04The company is down 18% from its price of €4.94 on 21 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 19% over the same period.
Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of €328.9k, up 69% from the prior year. Total revenue was €15.2m over the last 12 months, up 75% from the prior year.
Is New 90 Day High Low • Sep 26New 90-day high: €5.95The company is up 43% from its price of €4.16 on 26 June 2020. The French market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 10.0% over the same period.