ATEME SA (EPA:ATEME) Might Not Be As Mispriced As It Looks After Plunging 25%
Jun 26
French (CAC) Communications Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies11
- 7D-1.3%
- 3M-3.6%
- 1Y-43.4%
- YTD-19.8%
Over the last 7 days, the Communications industry has dropped 1.3%, driven by pullbacks in ATEME and EKINOPS of 3.8% and 1.8%, respectively. Meanwhile, Vantiva actually outperformed within the industry, gaining 5.4% in the last week. However, the industry is down 43% over the past year. Earnings are forecast to grow by 56% annually.
Industry Valuation and Performance
Has the French Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €382.2m | €473.5m | -€40,318,617.00 | 21.2x | -9.5x | 0.8x |
| Sun, 23 Jun 2024 | €402.3m | €473.5m | -€40,318,617.00 | 22.8x | -10x | 0.8x |
| Tue, 21 May 2024 | €421.8m | €471.4m | -€40,755,655.00 | 28.1x | -10.3x | 0.9x |
| Thu, 18 Apr 2024 | €468.6m | €2.5b | -€320,789,655.00 | 29.3x | -1.5x | 0.2x |
| Sat, 16 Mar 2024 | €443.2m | €3.1b | -€705,718,819.00 | 22.9x | -0.6x | 0.1x |
| Mon, 12 Feb 2024 | €504.5m | €3.1b | -€703,483,819.00 | 27.3x | -0.7x | 0.2x |
| Wed, 10 Jan 2024 | €509.0m | €3.1b | -€703,376,819.00 | 28.1x | -0.7x | 0.2x |
| Fri, 08 Dec 2023 | €483.5m | €3.1b | -€701,571,814.00 | 23.4x | -0.7x | 0.2x |
| Sun, 05 Nov 2023 | €531.4m | €3.1b | -€700,560,814.00 | 30.5x | -0.8x | 0.2x |
| Tue, 03 Oct 2023 | €597.6m | €3.1b | -€698,549,909.00 | 24.4x | -0.9x | 0.2x |
| Thu, 31 Aug 2023 | €681.0m | €3.1b | -€695,332,909.00 | 25.3x | -1x | 0.2x |
| Sat, 29 Jul 2023 | €729.6m | €3.1b | -€687,685,909.00 | 26.2x | -1.1x | 0.2x |
| Mon, 26 Jun 2023 | €715.2m | €3.3b | -€536,685,909.00 | 25.8x | -1.3x | 0.2x |
| Wed, 24 May 2023 | €710.6m | €3.2b | -€537,382,473.00 | 26.6x | -1.3x | 0.2x |
| Fri, 21 Apr 2023 | €749.8m | €3.2b | -€535,466,828.00 | 19.5x | -1.4x | 0.2x |
| Sun, 19 Mar 2023 | €778.3m | €3.2b | -€530,233,699.00 | 17.9x | -1.5x | 0.2x |
| Tue, 14 Feb 2023 | €797.7m | €3.6b | -€108,976,699.00 | 18.6x | -7.3x | 0.2x |
| Thu, 12 Jan 2023 | €783.0m | €3.6b | -€108,857,699.00 | 20.4x | -7.2x | 0.2x |
| Sat, 10 Dec 2022 | €754.9m | €3.6b | -€108,843,955.00 | 18.4x | -6.9x | 0.2x |
| Mon, 07 Nov 2022 | €804.9m | €3.6b | -€109,348,874.00 | 19.9x | -7.4x | 0.2x |
| Wed, 05 Oct 2022 | €867.9m | €3.6b | -€111,295,874.00 | 18.9x | -7.8x | 0.2x |
| Fri, 02 Sep 2022 | €1.4b | €3.6b | -€119,565,398.00 | 20.7x | -11.6x | 0.4x |
| Sun, 31 Jul 2022 | €1.4b | €3.5b | -€123,172,398.00 | 25x | -11.8x | 0.4x |
| Tue, 28 Jun 2022 | €1.4b | €3.3b | -€95,621,398.00 | 29.7x | -14.1x | 0.4x |
| Thu, 26 May 2022 | €647.9m | €383.9m | €2.3m | 28x | 275.9x | 1.7x |
| Sat, 23 Apr 2022 | €623.5m | €384.2m | -€1,827,364.00 | 38.4x | -341.2x | 1.6x |
| Mon, 21 Mar 2022 | €586.0m | €361.3m | -€10,817,865.00 | 41.4x | -54.2x | 1.6x |
| Wed, 16 Feb 2022 | €581.1m | €362.2m | -€27,974,865.00 | 42.6x | -20.8x | 1.6x |
| Fri, 14 Jan 2022 | €646.4m | €361.6m | -€28,314,865.00 | 42.8x | -22.8x | 1.8x |
| Sun, 12 Dec 2021 | €614.7m | €360.2m | -€30,660,294.00 | 45.9x | -20x | 1.7x |
| Tue, 09 Nov 2021 | €666.7m | €358.7m | -€38,304,119.00 | 45.4x | -17.4x | 1.9x |
| Thu, 07 Oct 2021 | €633.0m | €355.6m | -€41,082,665.00 | 42.4x | -15.4x | 1.8x |
| Sat, 04 Sep 2021 | €706.0m | €341.0m | -€40,513,665.00 | 44.8x | -17.4x | 2.1x |
| Mon, 02 Aug 2021 | €701.9m | €341.0m | -€40,513,665.00 | 42.7x | -17.3x | 2.1x |
Price to Earnings Ratio
-17.3x
Current Industry PE
- Investors are optimistic on the French Communications industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- Losses for companies in the Communications industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, losses haven't seen much improvement.
Industry Trends
Which industries have driven the changes within the French Tech industry?
| FR Market | -2.35% | |
| Tech | -5.25% | |
| Communications | -1.29% | |
| Communications Equipment | -1.29% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VANTI Vantiva | €0.12 | 3.0% +€1.7m | -40.5% | PS0.03x | |
| PARRO Parrot | €2.10 | 2.4% +€1.5m | -47.5% | PS1x | |
| ALMUN Munic | €0.54 | 12.5% +€534.9k | -78.7% | PS0.3x | |
| ALARF Adeunis Société anonyme | €0.46 | 0.9% +€9.1k | -67.3% | PS0.2x |