ENXTPA:ALEAC

Stock Analysis Report

Executive Summary

EdiliziAcrobatica S.p.A. engages in the maintenance and renovation of buildings and other architectural structures.

Snowflake

Fundamentals

High growth potential and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

12.3%

ALEAC

-2.3%

FR Construction

-0.4%

FR Market


1 Year Return

n/a

ALEAC

18.7%

FR Construction

9.5%

FR Market

Return vs Industry: Insufficient data to determine how ALEAC performed against the French Construction industry.

Return vs Market: Insufficient data to determine how ALEAC performed against the French Market.


Shareholder returns

ALEACIndustryMarket
7 Day12.3%-2.3%-0.4%
30 Day-5.2%0.1%-1.0%
90 Day9.0%6.1%-0.2%
1 Yearn/a22.9%18.7%13.3%9.5%
3 Yearn/a51.8%37.6%42.5%28.7%
5 Yearn/a130.7%92.2%71.0%45.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is EdiliziAcrobatica 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: ALEAC (€7.3) is trading below our estimate of fair value (€22.22)

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


Price To Earnings Ratio

PE vs Industry: ALEAC is poor value based on its PE Ratio (25.5x) compared to the Construction industry average (13.1x).

PE vs Market: ALEAC is poor value based on its PE Ratio (25.5x) compared to the French market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: ALEAC is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: ALEAC is overvalued based on its PB Ratio (5.7x) compared to the FR Construction industry average (1.7x).


Next Steps

Future Growth

How is EdiliziAcrobatica forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

38.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALEAC's forecast earnings growth (38.4% per year) is above the savings rate (0.7%).

Earnings vs Market: ALEAC's earnings (38.4% per year) are forecast to grow faster than the French market (11.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALEAC's revenue (32.1% per year) is forecast to grow faster than the French market (4.4% per year).

High Growth Revenue: ALEAC's revenue (32.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ALEAC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has EdiliziAcrobatica performed over the past 5 years?

114.3%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ALEAC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ALEAC's past year earnings growth to its 5-year average.

Earnings vs Industry: ALEAC earnings growth over the past year (114.3%) exceeded the Construction industry 8.1%.


Return on Equity

High ROE: Whilst ALEAC's Return on Equity (22.48%) is high, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: ALEAC has a higher Return on Assets than the Construction industry average last year.


Return on Capital Employed

ROCE Improving: ALEAC's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is EdiliziAcrobatica's financial position?


Financial Position Analysis

Short Term Liabilities: ALEAC's short term assets (€27.2M) exceeds its short term liabilities (€12.3M)

Long Term Liabilities: ALEAC's short term assets (27.2M) exceeds its long term liabilities (7.4M)


Debt to Equity History and Analysis

Debt Level: ALEAC's debt to equity ratio (102.8%) is considered high

Reducing Debt: Insufficient data to determine if ALEAC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ALEAC's debt is not well covered by operating cash flow (4.8%).

Interest Coverage: ALEAC's interest payments on its debt are well covered by EBIT (12.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: ALEAC's debt is covered by short term assets (assets are 2.624940x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%4.7%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if ALEAC'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 ALEAC's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

What is the CEO of EdiliziAcrobatica's salary, the management and board of directors tenure and is there insider trading?


CEO

EdiliziAcrobatica has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team


    Board Members

    • Andrea Bottino

      Independent Director

      • Tenure: 0yrs
    • Simonetta Simoni

      Chairman

      • Tenure: 0yrs
    • Anna Marras

      Director

      • Tenure: 0yrs
    • Riccardo Iovino

      Director

      • Tenure: 0yrs
    • Bertelli Alda

      President of Auditor

      • Tenure: 0yrs
    • Frediani Giorgio

      Member of Board of Auditor

      • Tenure: 0yrs
    • Cinaglia Francesco

      Member of Board of Auditor

      • Tenure: 0yrs
    • Stefano Poli

      Director

      • Tenure: 0yrs

    Company Information

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


    Key Information

    • Name: EdiliziAcrobatica S.p.A.
    • Ticker: ALEAC
    • Exchange: ENXTPA
    • Founded: 1994
    • Industry: Construction and Engineering
    • Sector: Capital Goods
    • Market Cap: €47.961m
    • Shares outstanding: 6.53m
    • Website: https://www.ediliziacrobatica.com

    Location

    • EdiliziAcrobatica S.p.A.
    • Viale Brigate Partigiane 18
    • Genova
    • Genoa
    • 16129
    • Italy

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    EDACBIT (Borsa Italiana)YesOrdinary SharesITEURNov 2018
    ALEACENXTPA (Euronext Paris)YesOrdinary SharesFREURNov 2018

    Biography

    EdiliziAcrobatica S.p.A. engages in the maintenance and renovation of buildings and other architectural structures. It provides a range of services, such as renovation, maintenance, installation and remova ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/10/21 22:23
    End of Day Share Price2019/10/21 00:00
    Earnings2018/12/31
    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.