DB:E0J

Stock Analysis Report

Executive Summary

EKINOPS S.A. provides optical transport solutions for service providers worldwide.


Snowflake Analysis

Reasonable growth potential and fair value.

Share Price & News

How has EKINOPS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: E0J's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.0%

E0J

-6.0%

DE Communications

-2.7%

DE Market


1 Year Return

17.2%

E0J

-42.5%

DE Communications

-20.4%

DE Market

Return vs Industry: E0J exceeded the German Communications industry which returned -42.5% over the past year.

Return vs Market: E0J exceeded the German Market which returned -20.4% over the past year.


Shareholder returns

E0JIndustryMarket
7 Day7.0%-6.0%-2.7%
30 Day-8.6%-18.9%-18.4%
90 Day-19.1%-35.4%-26.7%
1 Year17.2%17.2%-42.2%-42.5%-18.1%-20.4%
3 Yearn/a-38.5%-38.7%-19.1%-25.9%
5 Yearn/a3.8%3.5%-19.5%-30.4%

Price Volatility Vs. Market

How volatile is EKINOPS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is EKINOPS undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: E0J (€4.91) is trading below our estimate of fair value (€14.83)

Significantly Below Fair Value: E0J is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: E0J is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: E0J 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 E0J's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: E0J is good value based on its PB Ratio (1.5x) compared to the DE Communications industry average (2.3x).


Next Steps

Future Growth

How is EKINOPS forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

59.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: E0J is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: E0J is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: E0J's is expected to become profitable in the next 3 years.

Revenue vs Market: E0J's revenue (10.6% per year) is forecast to grow faster than the German market (4% per year).

High Growth Revenue: E0J's revenue (10.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: E0J's Return on Equity is forecast to be low in 3 years time (10%).


Next Steps

Past Performance

How has EKINOPS performed over the past 5 years?

-2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: E0J is currently unprofitable.

Growing Profit Margin: E0J is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: E0J is unprofitable, and losses have increased over the past 5 years at a rate of -2.5% per year.

Accelerating Growth: Unable to compare E0J's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: E0J is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (21.9%).


Return on Equity

High ROE: E0J has a negative Return on Equity (-1.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is EKINOPS's financial position?


Financial Position Analysis

Short Term Liabilities: E0J's short term assets (€76.9M) exceed its short term liabilities (€47.0M).

Long Term Liabilities: E0J's short term assets (€76.9M) exceed its long term liabilities (€24.8M).


Debt to Equity History and Analysis

Debt Level: E0J's debt to equity ratio (27.2%) is considered satisfactory.

Reducing Debt: E0J's debt to equity ratio has increased from 8.8% to 27.2% over the past 5 years.


Balance Sheet

Inventory Level: E0J has a low level of unsold assets or inventory.

Debt Coverage by Assets: E0J's debt is covered by short term assets (assets are 3.4x debt).


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 E0J has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if E0J has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is EKINOPS's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate E0J's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate E0J's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if E0J's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if E0J's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of E0J's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€880k

CEO Compensation


CEO

Didier Bredy (56yo)

no data

Tenure

€880,209

Compensation

Mr. Didier Brédy serves as the Chairman and Chief Executive Officer of EKINOPS S.A. Mr. Brédy served as Director of Integrated Solutions at Ingenico S.A. Mr. Brédy served as the President and Chief Executi ...


CEO Compensation Analysis

Compensation vs Market: Didier's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD427.28K).

Compensation vs Earnings: Didier's compensation has increased whilst the company is unprofitable.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EKINOPS S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EKINOPS S.A.
  • Ticker: E0J
  • Exchange: DB
  • Founded: 2003
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €122.311m
  • Shares outstanding: 24.17m
  • Website: https://www.ekinops.com

Number of Employees


Location

  • EKINOPS S.A.
  • 3 Rue Blaise Pascal
  • Lannion
  • Brittany
  • 22300
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EKIENXTPA (Euronext Paris)YesCommon Stock O1 CategoryFREURMay 2013
EKIPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon Stock O1 CategoryGBEURMay 2013
0QSVLSE (London Stock Exchange)YesCommon Stock O1 CategoryGBEURMay 2013
E0JDB (Deutsche Boerse AG)YesCommon Stock O1 CategoryDEEURMay 2013

Biography

EKINOPS S.A. provides optical transport solutions for service providers worldwide. It provides EKINOPS 360, an optical transport platform designed for access, metro, regional, and long haul applications; and OneAccess, which provides physical and virtualized deployment options for enterprise services requiring layer 2 and layer 3 network functions. The company also offers 10G and 100Gcarrier-grade solutions that facilitate the transmission, aggregation, and forward error correction capabilities allowing operators to enhance data transport capacity over dark fiber, CWDM, DWDM, SONET/SDH, and IP networks. Its solutions include long haul and submarine transport, metro and enterprise networks, alien wavelengths, data center interconnect, fiber deep, and mobile backhaul/fronthaul. The company was founded in 2003 and is headquartered in Lannion, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 04:48
End of Day Share Price2020/04/01 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.