View Future GrowthWe.Connect 과거 순이익 실적과거 기준 점검 5/6We.Connect은 연평균 29.1%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 3.7% 증가했습니다. 매출은 연평균 13%의 비율로 증가했습니다. We.Connect의 자기자본이익률은 38.7%이고 순이익률은 8.3%입니다.핵심 정보29.07%순이익 성장률33.73%주당순이익(EPS) 성장률Electronic 산업 성장률15.46%매출 성장률12.97%자기자본이익률38.66%순이익률8.26%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • May 06Full year 2025 earnings released: EPS: €12.72 (vs €2.78 in FY 2024)Full year 2025 results: EPS: €12.72 (up from €2.78 in FY 2024). Revenue: €462.2m (up 54% from FY 2024). Net income: €37.5m (up 386% from FY 2024). Profit margin: 8.1% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 30We Think That There Are Some Issues For We.Connect (EPA:ALWEC) Beyond Its Promising EarningsWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. We think this is due to...분석 기사 • Oct 25We.Connect's (EPA:ALWEC) Profits May Not Reveal Underlying IssuesWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. However the statutory profit...Reported Earnings • Oct 23First half 2024 earnings releasedFirst half 2024 results: Revenue: €120.3m (down 7.3% from 1H 2023). Net income: €3.74m (down 13% from 1H 2023). Profit margin: 3.1% (down from 3.3% in 1H 2023). The decrease in margin was driven by lower revenue.Reported Earnings • Oct 26First half 2023 earnings releasedFirst half 2023 results: Net income: €4.29m (up €4.29m from 1H 2022).Reported Earnings • Apr 23Full year 2022 earnings released: EPS: €2.85 (vs €2.33 in FY 2021)Full year 2022 results: EPS: €2.85 (up from €2.33 in FY 2021). Revenue: €237.7m (up 9.3% from FY 2021). Net income: €7.88m (up 24% from FY 2021). Profit margin: 3.3% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesReported Earnings • May 06Full year 2025 earnings released: EPS: €12.72 (vs €2.78 in FY 2024)Full year 2025 results: EPS: €12.72 (up from €2.78 in FY 2024). Revenue: €462.2m (up 54% from FY 2024). Net income: €37.5m (up 386% from FY 2024). Profit margin: 8.1% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.New Risk • May 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 62% 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 Risk High level of non-cash earnings (62% accrual ratio). Minor Risk Market cap is less than US$100m (€74.9m market cap, or US$88.4m).New Risk • May 05New 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). Market cap is less than US$100m (€76.1m market cap, or US$89.0m).Declared Dividend • Apr 26Dividend of €0.40 announcedDividend of €0.40 is the same as last year. Ex-date: 3rd June 2026 Payment date: 5th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 18We.Connect SA, Annual General Meeting, May 28, 2026We.Connect SA, Annual General Meeting, May 28, 2026.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €26.00, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 30x in the Electronic industry in France. Total returns to shareholders of 98% over the past three years.분석 기사 • Dec 16We.Connect (EPA:ALWEC) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...분석 기사 • Oct 30We Think That There Are Some Issues For We.Connect (EPA:ALWEC) Beyond Its Promising EarningsWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. We think this is due to...Upcoming Dividend • Jun 02Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 09 June 2025. Payment date: 11 June 2025. Trailing yield: 2.1%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (0.6%).New Risk • May 05New 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). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€51.1m market cap, or US$57.8m).분석 기사 • May 02We.Connect's (EPA:ALWEC) Dividend Will Be €0.40We.Connect SA ( EPA:ALWEC ) will pay a dividend of €0.40 on the 11th of June. This means that the annual payment will...Declared Dividend • May 02Dividend of €0.40 announcedDividend of €0.40 is the same as last year. Ex-date: 9th June 2025 Payment date: 11th June 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 6.2% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 29We.Connect SA, Annual General Meeting, Jun 03, 2025We.Connect SA, Annual General Meeting, Jun 03, 2025. Location: zac du couternois, 4 avenue louise leblois, serris France공시 • Apr 24We.Connect in Talks to Buy Consumer Electronics Firm Exertis FranceWe.Connect SA (ENXTPA:ALWEC) said on April 22, 2025 that it has started exclusive talks on the acquisition of consumer electronics distributor Exertis France SAS. The contemplated deal, financial details of which were not disclosed, does not include the professional tech divisions of Exertis in France and Iberia, namely Exertis Connect, Exertis Azenn, and Exertis AV Spain, a press statement says. The acquisition is expected to bolster We.Connect’s growth trajectory create significant synergies and strengthen its footprint in the European market, particularly in the Iberian Peninsula. The deal is expected to close in Third Quarter 2025, pending regulatory and labour body approvals.분석 기사 • Apr 08Improved Earnings Required Before We.Connect SA (EPA:ALWEC) Shares Find Their FeetWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 14x, you may consider...분석 기사 • Oct 25We.Connect's (EPA:ALWEC) Profits May Not Reveal Underlying IssuesWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. However the statutory profit...Reported Earnings • Oct 23First half 2024 earnings releasedFirst half 2024 results: Revenue: €120.3m (down 7.3% from 1H 2023). Net income: €3.74m (down 13% from 1H 2023). Profit margin: 3.1% (down from 3.3% in 1H 2023). The decrease in margin was driven by lower revenue.New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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. Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€58.3m market cap, or US$63.8m).분석 기사 • Jun 27Does We.Connect (EPA:ALWEC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Jun 03Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 12 June 2024. Trailing yield: 2.1%. Lower than top quartile of French dividend payers (5.2%). Higher than average of industry peers (0.7%).New Risk • May 12New 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€54.4m market cap, or US$58.6m).분석 기사 • Apr 09Return Trends At We.Connect (EPA:ALWEC) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €17.30, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 10x in the Electronic industry in France. Total loss to shareholders of 8.4% over the past three years.분석 기사 • Dec 30The Returns At We.Connect (EPA:ALWEC) Aren't GrowingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Oct 27These 4 Measures Indicate That We.Connect (EPA:ALWEC) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 26First half 2023 earnings releasedFirst half 2023 results: Net income: €4.29m (up €4.29m from 1H 2022).New Risk • Oct 25New 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: Major Risk High level of non-cash earnings (64% accrual ratio). 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 (€39.0m market cap, or US$41.3m).Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €14.20, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Electronic industry in France. Total loss to shareholders of 6.4% over the past three years.분석 기사 • Jul 24We.Connect (EPA:ALWEC) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Upcoming Dividend • May 30Upcoming dividend of €0.40 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of French dividend payers (5.3%). Higher than average of industry peers (2.2%).Reported Earnings • Apr 23Full year 2022 earnings released: EPS: €2.85 (vs €2.33 in FY 2021)Full year 2022 results: EPS: €2.85 (up from €2.33 in FY 2021). Revenue: €237.7m (up 9.3% from FY 2021). Net income: €7.88m (up 24% from FY 2021). Profit margin: 3.3% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Chairman of the Board Moshey Gorsd was the last director to join the board, commencing their role in 2015. 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 • Jun 18The Returns At We.Connect (EPA:ALWEC) Aren't GrowingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Upcoming Dividend • May 26Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 06 June 2022. The company last paid an ordinary dividend in May 2017. The average dividend yield among industry peers is 1.9%.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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Chairman of the Board Moshey Gorsd was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Apr 27We.Connect SA (ENXTPA:ALWEC) acquired Dyadem S.A and Octant S.A.We.Connect SA (ENXTPA:ALWEC) acquired Dyadem S.A and Octant S.A on April 26, 2022. We.Connect SA (ENXTPA:ALWEC) completed the acquisition of Dyadem S.A and Octant S.A on April 26, 2022.분석 기사 • Mar 31Here's Why I Think We.Connect (EPA:ALWEC) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...분석 기사 • Mar 28We Like These Underlying Return On Capital Trends At We.Connect (EPA:ALWEC)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Is New 90 Day High Low • Feb 03New 90-day high: €21.20The company is up 25% from its price of €16.90 on 04 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 40% over the same period.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 21% share price gain to €21.20, the stock is trading at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 35x in the Electronic industry in France. Total returns to shareholders over the past three years are 62%.분석 기사 • Feb 02Is We.Connect SA (EPA:ALWEC) A Smart Pick For Income Investors?Is We.Connect SA ( EPA:ALWEC ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...분석 기사 • Dec 12Will We.Connect's (EPA:ALWEC) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Is New 90 Day High Low • Nov 12New 90-day high: €18.50The company is up 41% from its price of €13.10 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 21New 90-day high: €18.40The company is up 48% from its price of €12.40 on 22 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day high: €14.40The company is up 31% from its price of €11.00 on 01 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.매출 및 비용 세부 내역We.Connect가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ENXTPA:ALWEC 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 254543716030 Sep 254042414030 Jun 253551013031 Mar 25327912031 Dec 24300811030 Sep 24277811030 Jun 24255910031 Mar 24259910031 Dec 232641010030 Sep 23258910030 Jun 23252910031 Mar 2324589031 Dec 2223788030 Sep 2223078030 Jun 2222377031 Mar 2222066031 Dec 2121766030 Sep 2122773030 Jun 2123774031 Mar 2122464031 Dec 2021155030 Sep 2019449030 Jun 2017728031 Mar 2016628031 Dec 1915528030 Sep 1914639030 Jun 19137510031 Mar 1912949031 Dec 1812247030 Sep 1811354030 Jun 1810556031 Mar 189956031 Dec 179456030 Sep 178647030 Jun 177736031 Mar 177636031 Dec 167636030 Sep 167535030 Jun 167435031 Mar 167035031 Dec 1567350양질의 수익: ALWEC의 비현금 수익 수준이 높습니다.이익 마진 증가: ALWEC의 현재 순 이익률 (8.3%)은 지난해 (2.6%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ALWEC의 수익은 지난 5년 동안 연평균 29.1%로 크게 증가했습니다.성장 가속화: 지난 1년간 ALWEC 의 수익 증가율(386.2%)은 연간 평균(29.1%)을 초과합니다.수익 대 산업: ALWEC의 지난 1년 수익 증가율(386.2%)은 Electronic 업계의 14.4%를 상회했습니다.자기자본이익률높은 ROE: ALWEC의 자본 수익률(38.7%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 00:24종가2026/05/25 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 소스We.Connect SA는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 06Full year 2025 earnings released: EPS: €12.72 (vs €2.78 in FY 2024)Full year 2025 results: EPS: €12.72 (up from €2.78 in FY 2024). Revenue: €462.2m (up 54% from FY 2024). Net income: €37.5m (up 386% from FY 2024). Profit margin: 8.1% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 30We Think That There Are Some Issues For We.Connect (EPA:ALWEC) Beyond Its Promising EarningsWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. We think this is due to...
분석 기사 • Oct 25We.Connect's (EPA:ALWEC) Profits May Not Reveal Underlying IssuesWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. However the statutory profit...
Reported Earnings • Oct 23First half 2024 earnings releasedFirst half 2024 results: Revenue: €120.3m (down 7.3% from 1H 2023). Net income: €3.74m (down 13% from 1H 2023). Profit margin: 3.1% (down from 3.3% in 1H 2023). The decrease in margin was driven by lower revenue.
Reported Earnings • Oct 26First half 2023 earnings releasedFirst half 2023 results: Net income: €4.29m (up €4.29m from 1H 2022).
Reported Earnings • Apr 23Full year 2022 earnings released: EPS: €2.85 (vs €2.33 in FY 2021)Full year 2022 results: EPS: €2.85 (up from €2.33 in FY 2021). Revenue: €237.7m (up 9.3% from FY 2021). Net income: €7.88m (up 24% from FY 2021). Profit margin: 3.3% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 06Full year 2025 earnings released: EPS: €12.72 (vs €2.78 in FY 2024)Full year 2025 results: EPS: €12.72 (up from €2.78 in FY 2024). Revenue: €462.2m (up 54% from FY 2024). Net income: €37.5m (up 386% from FY 2024). Profit margin: 8.1% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
New Risk • May 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 62% 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 Risk High level of non-cash earnings (62% accrual ratio). Minor Risk Market cap is less than US$100m (€74.9m market cap, or US$88.4m).
New Risk • May 05New 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). Market cap is less than US$100m (€76.1m market cap, or US$89.0m).
Declared Dividend • Apr 26Dividend of €0.40 announcedDividend of €0.40 is the same as last year. Ex-date: 3rd June 2026 Payment date: 5th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 18We.Connect SA, Annual General Meeting, May 28, 2026We.Connect SA, Annual General Meeting, May 28, 2026.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €26.00, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 30x in the Electronic industry in France. Total returns to shareholders of 98% over the past three years.
분석 기사 • Dec 16We.Connect (EPA:ALWEC) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
분석 기사 • Oct 30We Think That There Are Some Issues For We.Connect (EPA:ALWEC) Beyond Its Promising EarningsWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. We think this is due to...
Upcoming Dividend • Jun 02Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 09 June 2025. Payment date: 11 June 2025. Trailing yield: 2.1%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (0.6%).
New Risk • May 05New 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). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€51.1m market cap, or US$57.8m).
분석 기사 • May 02We.Connect's (EPA:ALWEC) Dividend Will Be €0.40We.Connect SA ( EPA:ALWEC ) will pay a dividend of €0.40 on the 11th of June. This means that the annual payment will...
Declared Dividend • May 02Dividend of €0.40 announcedDividend of €0.40 is the same as last year. Ex-date: 9th June 2025 Payment date: 11th June 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 6.2% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 29We.Connect SA, Annual General Meeting, Jun 03, 2025We.Connect SA, Annual General Meeting, Jun 03, 2025. Location: zac du couternois, 4 avenue louise leblois, serris France
공시 • Apr 24We.Connect in Talks to Buy Consumer Electronics Firm Exertis FranceWe.Connect SA (ENXTPA:ALWEC) said on April 22, 2025 that it has started exclusive talks on the acquisition of consumer electronics distributor Exertis France SAS. The contemplated deal, financial details of which were not disclosed, does not include the professional tech divisions of Exertis in France and Iberia, namely Exertis Connect, Exertis Azenn, and Exertis AV Spain, a press statement says. The acquisition is expected to bolster We.Connect’s growth trajectory create significant synergies and strengthen its footprint in the European market, particularly in the Iberian Peninsula. The deal is expected to close in Third Quarter 2025, pending regulatory and labour body approvals.
분석 기사 • Apr 08Improved Earnings Required Before We.Connect SA (EPA:ALWEC) Shares Find Their FeetWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 14x, you may consider...
분석 기사 • Oct 25We.Connect's (EPA:ALWEC) Profits May Not Reveal Underlying IssuesWe.Connect SA's ( EPA:ALWEC ) robust recent earnings didn't do much to move the stock. However the statutory profit...
Reported Earnings • Oct 23First half 2024 earnings releasedFirst half 2024 results: Revenue: €120.3m (down 7.3% from 1H 2023). Net income: €3.74m (down 13% from 1H 2023). Profit margin: 3.1% (down from 3.3% in 1H 2023). The decrease in margin was driven by lower revenue.
New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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. Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€58.3m market cap, or US$63.8m).
분석 기사 • Jun 27Does We.Connect (EPA:ALWEC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Jun 03Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 12 June 2024. Trailing yield: 2.1%. Lower than top quartile of French dividend payers (5.2%). Higher than average of industry peers (0.7%).
New Risk • May 12New 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€54.4m market cap, or US$58.6m).
분석 기사 • Apr 09Return Trends At We.Connect (EPA:ALWEC) Aren't AppealingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €17.30, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 10x in the Electronic industry in France. Total loss to shareholders of 8.4% over the past three years.
분석 기사 • Dec 30The Returns At We.Connect (EPA:ALWEC) Aren't GrowingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Oct 27These 4 Measures Indicate That We.Connect (EPA:ALWEC) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 26First half 2023 earnings releasedFirst half 2023 results: Net income: €4.29m (up €4.29m from 1H 2022).
New Risk • Oct 25New 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: Major Risk High level of non-cash earnings (64% accrual ratio). 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 (€39.0m market cap, or US$41.3m).
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €14.20, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Electronic industry in France. Total loss to shareholders of 6.4% over the past three years.
분석 기사 • Jul 24We.Connect (EPA:ALWEC) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Upcoming Dividend • May 30Upcoming dividend of €0.40 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of French dividend payers (5.3%). Higher than average of industry peers (2.2%).
Reported Earnings • Apr 23Full year 2022 earnings released: EPS: €2.85 (vs €2.33 in FY 2021)Full year 2022 results: EPS: €2.85 (up from €2.33 in FY 2021). Revenue: €237.7m (up 9.3% from FY 2021). Net income: €7.88m (up 24% from FY 2021). Profit margin: 3.3% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Chairman of the Board Moshey Gorsd was the last director to join the board, commencing their role in 2015. 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 • Jun 18The Returns At We.Connect (EPA:ALWEC) Aren't GrowingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Upcoming Dividend • May 26Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 06 June 2022. The company last paid an ordinary dividend in May 2017. The average dividend yield among industry peers is 1.9%.
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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Chairman of the Board Moshey Gorsd was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 27We.Connect SA (ENXTPA:ALWEC) acquired Dyadem S.A and Octant S.A.We.Connect SA (ENXTPA:ALWEC) acquired Dyadem S.A and Octant S.A on April 26, 2022. We.Connect SA (ENXTPA:ALWEC) completed the acquisition of Dyadem S.A and Octant S.A on April 26, 2022.
분석 기사 • Mar 31Here's Why I Think We.Connect (EPA:ALWEC) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
분석 기사 • Mar 28We Like These Underlying Return On Capital Trends At We.Connect (EPA:ALWEC)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Is New 90 Day High Low • Feb 03New 90-day high: €21.20The company is up 25% from its price of €16.90 on 04 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 40% over the same period.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 21% share price gain to €21.20, the stock is trading at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 35x in the Electronic industry in France. Total returns to shareholders over the past three years are 62%.
분석 기사 • Feb 02Is We.Connect SA (EPA:ALWEC) A Smart Pick For Income Investors?Is We.Connect SA ( EPA:ALWEC ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
분석 기사 • Dec 12Will We.Connect's (EPA:ALWEC) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Is New 90 Day High Low • Nov 12New 90-day high: €18.50The company is up 41% from its price of €13.10 on 14 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 21New 90-day high: €18.40The company is up 48% from its price of €12.40 on 22 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day high: €14.40The company is up 31% from its price of €11.00 on 01 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.