Upcoming Dividend • Jun 19
Upcoming dividend of €0.55 per share Eligible shareholders must have bought the stock before 26 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of French dividend payers (5.3%). Lower than average of industry peers (3.0%). Declared Dividend • May 24
Dividend of €0.55 announced Dividend of €0.55 is the same as last year. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 2.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 23
Precia S.A. announces Annual dividend, payable on June 30, 2026 Precia S.A. announced Annual dividend of EUR 0.5500 per share payable on June 30, 2026, ex-date on June 26, 2026 and record date on June 29, 2026. Aankondiging • Apr 22
Precia S.A., Annual General Meeting, Jun 22, 2026 Precia S.A., Annual General Meeting, Jun 22, 2026. New Risk • Apr 13
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). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Feb 26
Now 21% overvalued Over the last 90 days, the stock has fallen 3.1% to €27.90. The fair value is estimated to be €23.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 2.0% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Buy Or Sell Opportunity • Feb 07
Now 20% overvalued Over the last 90 days, the stock has fallen 3.1% to €27.90. The fair value is estimated to be €23.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 2.0% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Buy Or Sell Opportunity • Jan 06
Now 21% overvalued Over the last 90 days, the stock has fallen 4.8% to €27.60. The fair value is estimated to be €22.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 2.0% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Buy Or Sell Opportunity • Dec 17
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 2.1% to €28.60. The fair value is estimated to be €23.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 2.0% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Buy Or Sell Opportunity • Nov 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.1% to €27.90. The fair value is estimated to be €22.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 2.0% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. New Risk • Jul 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • Jun 23
Dividend increased to €0.55 Dividend of €0.55 is 38% higher than last year. Ex-date: 30th June 2025 Payment date: 2nd July 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.7% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jun 12
Now 22% undervalued Over the last 90 days, the stock has risen 6.4% to €30.00. The fair value is estimated to be €38.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 8.2%. Revenue is forecast to grow by 0.5% in 2 years. Earnings are forecast to grow by 8.0% in the next 2 years. Aankondiging • May 28
Dibal SA completed the acquisition of retail weighing activities from Precia S.A. (ENXTPA:ALPM). Dibal SA agreed to acquire retail weighing activities from Precia S.A. (ENXTPA:ALPM) on March 5, 2025. As part of this transaction, a new company, PRECIA DIBAL PESAGE SAS, is set to be established, with 100% Dibal ownership, integrating these activities and strengthening the company’s presence in the French market. The new entity will market its products under the PRECIA and DIBAL brands. This acquisition includes the retail weighing division located in Privas (P1) and the Rungis business, which operates a sales and after-sales service facility within France’s largest wholesale food market. The new subsidiary will operate with a team of 16 professionals, including experienced employees with extensive sector knowledge and a deep understanding of the French market. The new company will be led by Filipe Gomes, a seasoned professional with vast experience in integrations and commercial management, who will spearhead this new phase for Dibal in France. Until its full integration and transfer to the Commercial Department, the project will be directly overseen by Dibal’s General Management.
The expected completion of the transaction is May 1, 2025.
Dibal SA completed the acquisition of retail weighing activities from Precia S.A. (ENXTPA:ALPM) on May 27, 2025. Aankondiging • May 15
Precia S.A., Annual General Meeting, Jun 23, 2025 Precia S.A., Annual General Meeting, Jun 23, 2025. Location: 104 route du pesage veyras, aubenas France New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. New Risk • Oct 06
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. This is currently the only risk that has been identified for the company. Aankondiging • Oct 04
Total Specific Solutions (TSS) B.V. acquired Creative IT – S.A.R.L. from Precia S.A. (ENXTPA:ALPM). Total Specific Solutions (TSS) B.V. acquired Creative IT – S.A.R.L. from Precia S.A. (ENXTPA:ALPM) on October 2, 2024. Creative IT – S.A.R.L. reported total revenue of €3.6 million in 2023.
Total Specific Solutions (TSS) B.V. completed the acquisition of Creative IT – S.A.R.L. from Precia S.A. (ENXTPA:ALPM) on October 2, 2024. New Risk • May 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 30
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: €0.95 (down from €1.04 in FY 2022). Revenue: €170.2m (up 7.4% from FY 2022). Net income: €5.15m (down 8.3% from FY 2022). Profit margin: 3.0% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Machinery industry in France. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Apr 16
New minor risk - Financial data availability The 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. This is currently the only risk that has been identified for the company. Price Target Changed • Feb 28
Price target increased by 7.0% to €39.70 Up from €37.10, the current price target is provided by 1 analyst. New target price is 15% above last closing price of €34.40. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €2.01 for next year compared to €1.04 last year. Reported Earnings • Oct 05
First half 2023 earnings released: EPS: €1.25 (vs €0.55 in 1H 2022) First half 2023 results: EPS: €1.25 (up from €0.55 in 1H 2022). Revenue: €86.4m (up 10% from 1H 2022). Net income: €6.75m (up 126% from 1H 2022). Profit margin: 7.8% (up from 3.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Machinery industry in France. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. New Risk • Oct 02
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 5.9% 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 (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Buying Opportunity • Mar 03
Now 22% undervalued Over the last 90 days, the stock is up 4.5%. The fair value is estimated to be €38.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.3% in 2 years. Earnings is forecast to grow by 40% in the next 2 years. Buying Opportunity • Dec 22
Now 23% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be €38.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 40% in the next 2 years. Reported Earnings • Oct 04
First half 2022 earnings released: EPS: €0 (vs €0.76 in 1H 2021) First half 2022 results: EPS: €0 (down from €0.76 in 1H 2021). Revenue: €78.3m (up 8.4% from 1H 2021). Net income: €2.98m (down 28% from 1H 2021). Profit margin: 3.8% (down from 5.7% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Machinery industry in France. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 15% share price gain to €39.55, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 27x in the Machinery industry in France. Total returns to shareholders of 126% over the past three years. Reported Earnings • Oct 06
First half 2021 earnings released: EPS €0.76 (vs €0.36 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €72.3m (up 16% from 1H 2020). Net income: €4.12m (up 109% from 1H 2020). Profit margin: 5.7% (up from 3.1% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improved over the past week After last week's 16% share price gain to €34.50, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 79x in the Machinery industry in France. Total returns to shareholders of 68% over the past three years. Reported Earnings • May 06
Full year 2020 earnings released: EPS €13.10 (vs €11.66 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €135.9m (flat on FY 2019). Net income: €7.06m (up 12% from FY 2019). Profit margin: 5.2% (up from 4.6% in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improved over the past week After last week's 17% share price gain to €280, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 28x in the Machinery industry in France. Total returns to shareholders of 39% over the past three years. Is New 90 Day High Low • Feb 16
New 90-day high: €224 The company is up 11% from its price of €202 on 17 November 2020. The French market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: €220 The company is up 9.0% from its price of €202 on 04 September 2020. The French market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: €208 The company is up 3.0% from its price of €202 on 11 August 2020. The French market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: €206 The company is up 13% from its price of €183 on 14 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 Machinery industry, which is down 6.0% over the same period. Reported Earnings • Oct 02
First half earnings released Over the last 12 months the company has reported total profits of €5.18m, down 19% from the prior year. Total revenue was €130.8m over the last 12 months, down 1.8% from the prior year.