BME:ALC

Stock Analysis Report

Altia Consultores

Executive Summary

Altia Consultores, S.A. provides consulting and IT services in Spain.

Risk Analysis

No risks detected for ALC from our risk checks.


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ALC

-1.7%

ES IT

1.1%

ES Market


1 Year Return

11.0%

ALC

5.6%

ES IT

9.4%

ES Market

Return vs Industry: ALC exceeded the Spanish IT industry which returned 5.6% over the past year.

Return vs Market: ALC exceeded the Spanish Market which returned 9.4% over the past year.


Shareholder returns

ALCIndustryMarket
7 Day0%-1.7%1.1%
30 Day-0.9%-6.8%2.9%
90 Day19.4%2.5%7.8%
1 Year12.6%11.0%7.0%5.6%13.2%9.4%
3 Year31.7%26.1%63.7%57.6%17.1%5.9%
5 Year173.3%153.7%137.3%111.5%11.5%-7.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

23.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALC (€22.2) is trading above our estimate of fair value (€10.21)

Significantly Below Fair Value: ALC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALC is poor value based on its PE Ratio (23.4x) compared to the IT industry average (21.6x).

PE vs Market: ALC is poor value based on its PE Ratio (23.4x) compared to the Spanish market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALC is overvalued based on its PB Ratio (3.7x) compared to the ES IT industry average (2.6x).


Next Steps

Future Growth

How is Altia Consultores forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Altia Consultores has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Altia Consultores performed over the past 5 years?

6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALC has high quality earnings.

Growing Profit Margin: ALC's current net profit margins (9.6%) are lower than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: ALC's earnings have grown by 6.6% per year over the past 5 years.

Accelerating Growth: ALC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALC had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the IT industry average (3%).


Return on Equity

High ROE: ALC's Return on Equity (15.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Altia Consultores's financial position?


Financial Position Analysis

Short Term Liabilities: ALC's short term assets (€45.2M) exceed its short term liabilities (€12.7M).

Long Term Liabilities: ALC's short term assets (€45.2M) exceed its long term liabilities (€337.5K).


Debt to Equity History and Analysis

Debt Level: ALC's debt to equity ratio (0.01%) is considered satisfactory.

Reducing Debt: ALC's debt to equity ratio has reduced from 24% to 0.01% over the past 5 years.

Debt Coverage: ALC's debt is well covered by operating cash flow (236973.3%).

Interest Coverage: ALC's interest payments on its debt are well covered by EBIT (213.7x coverage).


Balance Sheet

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

Debt Coverage by Assets: ALC's debt is covered by short term assets (assets are 16473.3x debt).


Next Steps

Dividend

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

1.35%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%2.2%markettop25%5.3%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: ALC's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (2.24%).

High Dividend: ALC's dividend (1.35%) is low compared to the top 25% of dividend payers in the Spanish market (5.29%).


Stability and Growth of Payments

Stable Dividend: ALC is not paying a notable dividend for the Spanish market, therefore no need to check if payments are stable.

Growing Dividend: ALC is not paying a notable dividend for the Spanish market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ALC is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

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


Next Steps

Management

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


CEO

Constantino Fernandez Pico 0

0

Mr. Constantino Fernández Pico serves as the Chief Executive Officer, Executive Chairman and Executive Director of Altia Consultores, S.A. He was Managing Director at Altia Consultores, S.A. 


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

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


Key Information

  • Name: Altia Consultores, S.A.
  • Ticker: ALC
  • Exchange: BME
  • Founded: 1994
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €152.674m
  • Shares outstanding: 6.88m
  • Website: https://www.altia.es

Number of Employees


Location

  • Altia Consultores, S.A.
  • C/ Vulcano, 3
  • Oleiros
  • A Coruña
  • Galicia
  • 15172
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALCBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURDec 2010

Biography

Altia Consultores, S.A. provides consulting and IT services in Spain. The company offers studies, reports, creation of strategic plans, rationalization of processes, technological consultancy, security, technical offices, or training services; outsourcing services, such as maintenance, operation, and management of applications or infrastructure; and hardware and software supply services. Its products include FLEXIA, a process management tool; and MERCURIO, a tendering process platform that offers a communication channel between the tenderer and the contracting authority, as well as Altia Control Tower, a transport management system. The company also offers various managed services comprising managed security, infrastructure management, cloud computing, messaging, data protection, and applications. It serves clients in various sectors, including industrial, financial, services, telecommunications environment, health area, energy, and public administration. The company was founded in 1994 and is based in A Coruña, Spain. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 22:04
End of Day Share Price2020/02/18 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.