Major Estimate Revision • Apr 14
Consensus EPS estimates increase by 62% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €14.7m to €15.0m. EPS estimate increased from €0.065 to €0.105 per share. Net income forecast to shrink 50% next year vs 9.2% growth forecast for Electrical industry in France . Consensus price target down from €3.65 to €3.20. Share price rose 12% to €2.90 over the past week. New Risk • Apr 06
New minor risk - Financial data availability The 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). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (€15.5m market cap, or US$17.9m). Price Target Changed • Jan 15
Price target decreased by 25% to €3.65 Down from €4.85, the current price target is an average from 2 analysts. New target price is 29% above last closing price of €2.83. Stock is down 39% over the past year. The company posted earnings per share of €0.30 last year. Aankondiging • Jan 15
Arcure S.A. to Report Fiscal Year 2025 Results on Apr 08, 2026 Arcure S.A. announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 08, 2026 Price Target Changed • Dec 16
Price target decreased by 9.8% to €4.60 Down from €5.10, the current price target is an average from 2 analysts. New target price is 63% above last closing price of €2.83. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.30 last year. Reported Earnings • Sep 23
First half 2025 earnings released: €0.19 loss per share (vs €0.21 profit in 1H 2024) First half 2025 results: €0.19 loss per share (down from €0.21 profit in 1H 2024). Revenue: €7.51m (down 33% from 1H 2024). Net loss: €1.12m (down 193% from profit in 1H 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Sep 19
Consensus EPS estimates fall by 91% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €16.2m to €14.8m. EPS estimate also fell from €0.32 per share to €0.03 per share. Net income forecast to shrink 146% next year vs 11% decline forecast for Electrical industry in France. Consensus price target down from €5.10 to €4.85. Share price fell 9.6% to €3.93 over the past week. New Risk • Sep 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€23.7m market cap, or US$27.8m). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €4.53, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Electrical industry in France. Total returns to shareholders of 68% over the past three years. Major Estimate Revision • Jul 11
Consensus revenue estimates fall by 19% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €20.1m to €16.2m. EPS estimate fell from €0.505 to €0.32 per share. Net income forecast to shrink 31% next year vs 0.3% decline forecast for Electrical industry in France. Consensus price target down from €7.75 to €5.10. Share price fell 14% to €3.96 over the past week. Aankondiging • Jul 11
Arcure S.A. to Report First Half, 2025 Results on Sep 18, 2025 Arcure S.A. announced that they will report first half, 2025 results on Sep 18, 2025 Price Target Changed • Jul 10
Price target decreased by 38% to €5.10 Down from €8.25, the current price target is an average from 2 analysts. New target price is 27% above last closing price of €4.02. Stock is down 37% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.30 last year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €4.34, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Electrical industry in France. Total returns to shareholders of 40% over the past three years. Aankondiging • May 10
Arcure S.A., Annual General Meeting, Jun 18, 2025 Arcure S.A., Annual General Meeting, Jun 18, 2025. Location: espace wework, 198 avenue de france, paris France New Risk • May 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). High level of non-cash earnings (26% accrual ratio). Minor Risk Market cap is less than US$100m (€24.7m market cap, or US$28.1m). Reported Earnings • Mar 31
Full year 2024 earnings released Full year 2024 results: Revenue: €18.7m (down 7.6% from FY 2023). Net income: €1.75m (down 3.0% from FY 2023). Profit margin: 9.3% (up from 8.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electrical industry in France. Price Target Changed • Jan 15
Price target increased by 10% to €8.25 Up from €7.50, the current price target is an average from 2 analysts. New target price is 76% above last closing price of €4.70. Stock is up 31% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.31 last year. Major Estimate Revision • Dec 06
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €22.0m to €20.7m. EPS estimate also fell from €0.41 per share to €0.365 per share. Net income forecast to grow 2.1% next year vs 8.1% growth forecast for Electrical industry in France. Consensus price target down from €8.75 to €7.50. Share price fell 25% to €4.46 over the past week. New Risk • Dec 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks High level of debt (59% net debt to equity). Market cap is less than US$100m (€30.6m market cap, or US$32.3m). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €4.48, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Electrical industry in France. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €5.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Electrical industry in France. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €4.09, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Electrical industry in France. Total returns to shareholders of 14% over the past three years. Reported Earnings • Sep 24
First half 2024 earnings released First half 2024 results: Revenue: €10.1m (up 11% from 1H 2023). Net income: €1.21m (up €1.08m from 1H 2023). Profit margin: 12% (up from 1.5% in 1H 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electrical industry in France. Major Estimate Revision • Sep 19
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.355 to €0.41. Revenue forecast steady at €22.0m. Net income forecast to grow 36% next year vs 20% growth forecast for Electrical industry in France. Consensus price target up from €8.48 to €8.75. Share price fell 6.8% to €5.74 over the past week. Aankondiging • Jul 13
Arcure S.A. to Report First Half, 2024 Results on Sep 18, 2024 Arcure S.A. announced that they will report first half, 2024 results on Sep 18, 2024 Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €6.04, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Electrical industry in France. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.71 per share. Buy Or Sell Opportunity • Jul 02
Now 27% undervalued Over the last 90 days, the stock has risen 20% to €5.58. The fair value is estimated to be €7.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Buy Or Sell Opportunity • Jun 19
Now 21% undervalued Over the last 90 days, the stock has risen 56% to €5.96. The fair value is estimated to be €7.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. New Risk • Jun 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Market cap is less than US$100m (€34.5m market cap, or US$36.9m). Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €6.66, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electrical industry in France. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.60 per share. Buy Or Sell Opportunity • Jun 04
Now 21% undervalued Over the last 90 days, the stock has risen 53% to €5.92. The fair value is estimated to be €7.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Aankondiging • May 12
Arcure S.A., Annual General Meeting, Jun 18, 2024 Arcure S.A., Annual General Meeting, Jun 18, 2024. Location: la tour essor, 14 rue scandicci, pantin France Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €6.84, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Electrical industry in France. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.61 per share. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €5.66, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Electrical industry in France. Total returns to shareholders of 53% over the past three years. Reported Earnings • Mar 28
Full year 2023 earnings released Full year 2023 results: Revenue: €18.2m (up 21% from FY 2022). Net income: €1.80m (up €1.75m from FY 2022). Profit margin: 9.9% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electrical industry in France. Price Target Changed • Mar 27
Price target increased by 29% to €6.60 Up from €5.10, the current price target is an average from 2 analysts. New target price is 41% above last closing price of €4.69. Stock is up 75% over the past year. The company is forecast to post earnings per share of €0.25 next year compared to a net loss per share of €0.013 last year. Price Target Changed • Jan 15
Price target increased by 12% to €5.45 Up from €4.85, the current price target is an average from 2 analysts. New target price is 88% above last closing price of €2.90. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.02 for next year compared to €0.01 last year. New Risk • Sep 27
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€3.4m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.4m). Market cap is less than US$100m (€13.7m market cap, or US$14.4m). Reported Earnings • Sep 19
First half 2023 earnings released First half 2023 results: Revenue: €8.11m (up 28% from 1H 2022). Net income: €133.0k (down 49% from 1H 2022). Profit margin: 1.6% (down from 4.1% in 1H 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2022 earnings released Full year 2022 results: Revenue: €13.0m (up 4.4% from FY 2021). Net income: €55.0k (up €2.29m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Electrical industry in France. Buying Opportunity • Jan 30
Now 20% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be €4.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 4.8%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 36% in the next year. Major Estimate Revision • Jan 20
Consensus estimates of losses per share improve by 26% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €12.1m to €12.8m. EPS estimate increased from -€0.19 per share to -€0.14 per share. Electrical industry in France expected to see average net income growth of 5.4% next year. Consensus price target of €4.85 unchanged from last update. Share price rose 10% to €2.78 over the past week. Buying Opportunity • Jan 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.9%. The fair value is estimated to be €3.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 4.8%. Revenue is forecast to grow by 6.6% in a year. Earnings is forecast to grow by 11% in the next year. Breakeven Date Change • Nov 16
Forecast to breakeven in 2024 The 2 analysts covering Arcure expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of €1.15m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Reported Earnings • Sep 21
First half 2022 earnings released: EPS: €0 (vs €0.24 loss in 1H 2021) First half 2022 results: EPS: €0 (improved from €0.24 loss in 1H 2021). Revenue: €5.20m (down 14% from 1H 2021). Net income: €259.0k (up €1.44m from 1H 2021). Profit margin: 5.0% (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in France. Breakeven Date Change • Sep 16 The 2 analysts covering Arcure previously expected the company to break even in . New consensus forecast suggests the company will make a profit of €0 in . Earnings growth of 78% is required to achieve expected profit on schedule.
Major Estimate Revision • Sep 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -€0.14 to -€0.11 per share. Revenue forecast unchanged from €12.1m at last update. Electrical industry in France expected to see average net income growth of 10% next year. Consensus price target of €4.85 unchanged from last update. Share price rose 4.8% to €2.82 over the past week. Breakeven Date Change • Sep 15
No longer forecast to breakeven The analyst covering Arcure no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €1.00m in 2023. New forecast suggests the company will make a loss of €600.0k in 2023. Major Estimate Revision • Jul 22
Consensus revenue estimates fall by 10% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €13.0m to €11.7m. Forecast losses increased from -€0.10 to -€0.14 per share. Electrical industry in France expected to see average net income growth of 15% next year. Consensus price target down from €4.80 to €3.00. Share price rose 7.6% to €2.84 over the past week. Breakeven Date Change • Jul 22
No longer forecast to breakeven The analyst covering Arcure no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €1.00m in 2023. New forecast suggests the company will make a loss of €500.0k in 2023. Price Target Changed • Jul 21
Price target decreased to €3.00 Down from €4.50, the current price target is provided by 1 analyst. New target price is 5.6% above last closing price of €2.84. Stock is down 15% over the past year. The company is forecast to post a net loss per share of €0.10 next year compared to a net loss per share of €0.45 last year. Breakeven Date Change • Apr 27
Forecast to breakeven in 2023 The analyst covering Arcure expects the company to break even for the first time. New forecast suggests losses will reduce by 78% to 2022. The company is expected to make a profit of €1.00m in 2023. Average annual earnings growth of 130% is required to achieve expected profit on schedule. Reported Earnings • Apr 06
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €10.4m (up 5.4% from FY 2020). Net loss: €2.23m (loss narrowed 48% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 25%, compared to a 9.7% growth forecast for the industry in France. Major Estimate Revision • Apr 01
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -€0.05 to -€0.10 per share. Revenue forecast of €13.0m unchanged since last update. Electrical industry in France expected to see average net income growth of 12% next year. Consensus price target of €5.00 unchanged from last update. Share price was steady at €3.51 over the past week. Major Estimate Revision • Jan 20
Consensus revenue estimates increase by 11% The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €9.40m to €10.4m. Forecast losses expected to reduce from -€1.02 to -€0.39 per share. Electrical industry in France expected to see average net income growth of 5.9% next year. Consensus price target up from €4.50 to €5.00. Share price rose 9.9% to €4.00 over the past week. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Arcure no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €200.0k in 2022. New forecast suggests the company will make a loss of €2.70m in 2023. Reported Earnings • Sep 08
First half 2021 earnings released: €0.24 loss per share (vs €0.49 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €6.05m (up 17% from 1H 2020). Net loss: €1.18m (loss narrowed 52% from 1H 2020). Reported Earnings • Apr 03
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €7.84m (down 20% from FY 2019). Net loss: €4.33m (loss widened 156% from FY 2019). Price Target Changed • Jan 19
Price target raised to €4.50 Up from €4.00, the current price target is provided by 1 analyst. The new target price is 12% above the current share price of €4.03. As of last close, the stock is down 12% over the past year. Is New 90 Day High Low • Jan 11
New 90-day high: €4.28 The company is up 41% from its price of €3.04 on 13 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: €3.38 The company is up 4.0% from its price of €3.25 on 01 September 2020. The French market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period. Aankondiging • Nov 10
Arcure S.A. Launches Its New Solution, Blaxtair Connect Arcure S.A. is extending its product range with Blaxtair Connect, a smart accident prevention solution. Arcure has a unique and complete solution for managing pedestrian safety around industrial vehicles and machinery, in order to avoid collisions. Blaxtair Connect sends data from the 3D Blaxtair camera to the Cloud for analysis, in order to help Health and Safety Managers improve their site safety. Blaxtair Connect is designed to help companies proactively make changes to their site operations and to assist them in reaching their goal of zero vehicle/pedestrian incidents, by significantly reducing the risk of collisions. Blaxtair Connect uses cellular connectivity, to gather data from fleets of vehicles equipped with Blaxtair (number of pedestrian detections, timestamps, GPS location, etc.), regardless of their global location. This data is presented on an online portal. It identifies areas where vehicles have the highest incidence of near misses with pedestrians, highlights the most dangerous machines, and determines the time and place where the risk of accident is highest. This key information gives companies the ability to make more impactful changes to their operating procedures and track the effectiveness of these preventive measures, resulting in a safer working environment. Reported Earnings • Sep 28
First half earnings released Over the last 12 months the company has reported total losses of €3.02m, with losses widening by 151% from the prior year. Total revenue was €11.5m over the last 12 months, up 44% from the prior year. Major Estimate Revision • Sep 26
Analysts lower revenue estimates to €7.00m The 2020 consensus revenue estimate decreased from €7.90m. Earnings per share (EPS) also decreased, with analysts lowering their estimates from -€0.36 to -€0.91 for the same period. The Electrical industry in France is expected to see an average net income growth of 5.4% next year. The consensus price target was lowered from €4.00 to €3.80. Share price is down by 2.4% to €2.89 over the past week.