Latécoère S.A. designs, develops, manufactures, and supports aerostructures and interconnection systems in Europe, the United States, Asia, and internationally.
Fair value with moderate growth potential.
Share Price & News
How has Latécoère's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 12J's share price has been volatile over the past 3 months.
7 Day Return
DE Aerospace & Defense
1 Year Return
DE Aerospace & Defense
Return vs Industry: 12J underperformed the German Aerospace & Defense industry which returned -25.2% over the past year.
Return vs Market: 12J underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Latécoère's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Latécoère undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 12J (€1.52) is trading below our estimate of fair value (€11.49)
Significantly Below Fair Value: 12J is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 12J is unprofitable, so we can't compare its PE Ratio to the XE Aerospace & Defense industry average.
PE vs Market: 12J is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 12J's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 12J is good value based on its PB Ratio (0.7x) compared to the XE Aerospace & Defense industry average (1.5x).
How is Latécoère forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 12J is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 12J is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 12J's is expected to become profitable in the next 3 years.
Revenue vs Market: 12J's revenue (0.9% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: 12J's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 12J's Return on Equity is forecast to be low in 3 years time (9.4%).
How has Latécoère performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 12J is currently unprofitable.
Growing Profit Margin: 12J is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 12J is unprofitable, and losses have increased over the past 5 years at a rate of 1.9% per year.
Accelerating Growth: Unable to compare 12J's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 12J is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-0.3%).
Return on Equity
High ROE: 12J has a negative Return on Equity (-16.5%), as it is currently unprofitable.
How is Latécoère's financial position?
Financial Position Analysis
Short Term Liabilities: 12J's short term assets (€391.5M) exceed its short term liabilities (€295.2M).
Long Term Liabilities: 12J's short term assets (€391.5M) exceed its long term liabilities (€163.1M).
Debt to Equity History and Analysis
Debt Level: 12J's debt to equity ratio (66.4%) is considered high.
Reducing Debt: 12J's debt to equity ratio has reduced from 339.1% to 66.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 12J has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 12J has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Latécoère current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 12J's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 12J's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 12J's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 12J's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 12J is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 12J's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philip Swash (56 yo)
Mr. Philip Antony Swash serves as Chief Executive Officer at Latécoère S.A. since 2020 and was its Group Chief Executive Officer since March 17, 2020 until 2020. He serves as Director at Latécoère S.A. sin ...
|CEO & Director||0.42yr||no data||no data|
|Group Chief Financial Officer||1.58yrs||no data||no data|
|Former Deputy CEO & GM of the Interconnection Systems Division||no data||no data||no data|
|Chief Research & Technology Officer||0.58yr||no data||no data|
|Communication Director||no data||no data||no data|
|Vice President of Marketing & Strategy||no data||no data||no data|
|Group Human Resources Director||no data||no data||no data|
|Senior Vice President of American Affaires||no data||no data||no data|
|Company Secretary||no data||€7.50k||no data|
|Cost Control Manager||no data||€105.94k||0.000010% |
Experienced Management: 12J's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
|CEO & Director||0.42yr||no data||no data|
|Independent Chairman of the Board||4.92yrs||€200.00k||no data|
|Independent Director||0.17yr||no data||no data|
|Director||0.42yr||no data||no data|
|Director||1.17yrs||no data||no data|
|Representing Employees Director||2.25yrs||€53.37k||no data|
Experienced Board: 12J's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Latécoère S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Latécoère S.A.
- Ticker: 12J
- Exchange: DB
- Founded: 1917
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: €145.783m
- Shares outstanding: 94.79m
- Website: https://www.latecoere.aero
Number of Employees
- Latécoère S.A.
- 135, rue de Periole
- BP 25211
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LAT||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|0IXT||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SIJD.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|LATP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|12J||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
Latécoère S.A. designs, develops, manufactures, and supports aerostructures and interconnection systems in Europe, the United States, Asia, and internationally. The company operates through two segments, A ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 20:47|
|End of Day Share Price||2020/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.