ENXTPA:ALHEO

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Executive Summary

H2O Innovation Inc. provides integrated water treatment solutions based on membrane filtration technology. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has H2O Innovation's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.5%

ALHEO

-1.4%

FR Machinery

-2.2%

FR Market


1 Year Return

n/a

ALHEO

6.9%

FR Machinery

-9.6%

FR Market

Return vs Industry: Insufficient data to determine how ALHEO performed against the French Machinery industry.

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


Shareholder returns

ALHEOIndustryMarket
7 Day4.5%-1.4%-2.2%
30 Day55.0%-3.7%2.8%
90 Day37.6%-14.0%0.01%
1 Yearn/a7.1%6.9%-7.6%-9.6%
3 Year44.4%44.4%8.8%-2.6%2.9%-6.0%
5 Year37.6%37.6%46.4%28.2%29.3%10.1%

Price Volatility Vs. Market

How volatile is H2O Innovation's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is H2O Innovation undervalued compared to its fair value and its price relative to the market?

7.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALHEO (€1.17) is trading below our estimate of fair value (€1.27)

Significantly Below Fair Value: ALHEO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

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

PE vs Market: ALHEO is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALHEO is overvalued based on its PB Ratio (2.1x) compared to the FR Machinery industry average (1.4x).


Next Steps

Future Growth

How is H2O Innovation forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

124.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALHEO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).

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

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

Revenue vs Market: ALHEO's revenue (5.5% per year) is forecast to grow slower than the French market (6.8% per year).

High Growth Revenue: ALHEO's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has H2O Innovation performed over the past 5 years?

-30.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALHEO is currently unprofitable.

Growing Profit Margin: ALHEO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALHEO is unprofitable, and losses have increased over the past 5 years at a rate of 30.6% per year.

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

Earnings vs Industry: ALHEO is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-19.2%).


Return on Equity

High ROE: ALHEO has a negative Return on Equity (-6.16%), as it is currently unprofitable.


Next Steps

Financial Health

How is H2O Innovation's financial position?


Financial Position Analysis

Short Term Liabilities: ALHEO's short term assets (CA$46.2M) exceed its short term liabilities (CA$28.6M).

Long Term Liabilities: ALHEO's short term assets (CA$46.2M) exceed its long term liabilities (CA$24.2M).


Debt to Equity History and Analysis

Debt Level: ALHEO's debt to equity ratio (29.1%) is considered satisfactory.

Reducing Debt: ALHEO's debt to equity ratio has increased from 21.1% to 29.1% over the past 5 years.


Balance Sheet


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: Whilst unprofitable ALHEO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ALHEO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.8% per year.


Next Steps

Dividend

What is H2O Innovation current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALHEO'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 ALHEO's dividends per share have been stable in the past.

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


Next Steps

Management

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

5.1yrs

Average management tenure


CEO

Frédéric Dugré

12.25yrs

Tenure

CA$628,844

Compensation

Mr. Frédéric Dugré Co-founded H2O Innovation Inc. (also known as H2O Innovation (2000) Inc) and has also been its Chief Executive Officer and President since July 10, 2008. Mr. Dugré served as an Executive ...


CEO Compensation Analysis

Compensation vs Market: Frédéric's total compensation ($USD475.86K) is above average for companies of similar size in the French market ($USD289.97K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Frédéric Dugré
Co-Founder12.25yrsCA$628.84k1.12%
CA$ 1.0m
Marc Blanchet
Chief Financial Officer5.08yrsCA$373.01k0.53%
CA$ 487.1k
Guillaume Clairet
Chief Operating Officer5.08yrsCA$390.30k0.54%
CA$ 494.7k
Denis Guibert
VP & MD of Water Technologies and Servicesno dataCA$208.14kno data
William Douglass
VP and MD of Operation & Maintenanceno dataCA$428.22kno data
Gregory Madden
Chief Strategic Officer0.25yrno data0.098%
CA$ 90.3k
Rock Gaulin
VP & MD of Mapleno datano datano data
Edith Allain
Secretaryno datano datano data

5.1yrs

Average Tenure

Experienced Management: ALHEO's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frédéric Dugré
Co-Founder12.25yrsCA$628.84k1.12%
CA$ 1.0m
Richard Hoel
Independent Vice Chairman of the Board1.92yrsCA$42.81k3.6%
CA$ 3.3m
Pierre Côté
Independent Director6.92yrsCA$40.81k0.071%
CA$ 65.1k
René Vachon
Independent Director1.33yrsCA$2.00k0.025%
CA$ 23.5k
Lisa Henthorne
Independent Chairwoman of the Board1.92yrsCA$58.56k0.11%
CA$ 103.1k
Robert Comeau
Independent Director2.83yrsCA$57.15k0.25%
CA$ 234.5k
Stéphane Guérin
Independent Director0.92yrno data0.013%
CA$ 11.7k

1.9yrs

Average Tenure

Experienced Board: ALHEO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALHEO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.9%.


Top Shareholders

Company Information

H2O Innovation Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: H2O Innovation Inc.
  • Ticker: ALHEO
  • Exchange: ENXTPA
  • Founded: 2000
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$144.135m
  • Listing Market Cap: CA$92.295m
  • Shares outstanding: 77.08m
  • Website: https://www.h2oinnovation.com

Number of Employees


Location

  • H2O Innovation Inc.
  • 330 rue Saint-Vallier Street East
  • Suite 340
  • Quebec City
  • Quebec
  • G1K 9C5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HEOTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1995
H3O1DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1995
ALHEOENXTPA (Euronext Paris)YesCommon SharesFREURNov 1995
HEOF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1995

Biography

H2O Innovation Inc. provides integrated water treatment solutions based on membrane filtration technology. The company operates through three segments: Water Technologies and Services, Specialty Products, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 21:20
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.