ENXTPA:ALPCV

Stock Analysis Report

Executive Summary

Cerinnov Group SA engages in the manufacture and sale of production equipment worldwide.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-6.7%

ALPCV

2.1%

FR Machinery

-0.4%

FR Market


1 Year Return

-53.8%

ALPCV

-8.7%

FR Machinery

9.5%

FR Market

Return vs Industry: ALPCV underperformed the French Machinery industry which returned -8.7% over the past year.

Return vs Market: ALPCV underperformed the French Market which returned 9.5% over the past year.


Shareholder returns

ALPCVIndustryMarket
7 Day-6.7%2.1%-0.4%
30 Day-41.3%-0.1%0.06%
90 Day-17.4%-3.1%0.04%
1 Year-53.8%-53.8%1.6%-8.7%13.3%9.5%
3 Year-78.4%-78.4%54.4%36.7%42.5%28.7%
5 Yearn/a39.5%23.0%71.0%45.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ALPCV's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ALPCV's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALPCV is good value based on its PB Ratio (0.8x) compared to the FR Machinery industry average (1.3x).


Next Steps

Future Growth

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

-2.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALPCV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ALPCV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ALPCV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ALPCV's revenue is expected to decline over the next 3 years (-3.9% per year).

High Growth Revenue: ALPCV's revenue is forecast to decline over the next 3 years (-3.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Cerinnov Group performed over the past 5 years?

-55.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ALPCV is unprofitable, and losses have increased over the past 5 years at a rate of -55.3% per year.

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

Earnings vs Industry: ALPCV is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-4.8%).


Return on Equity

High ROE: ALPCV has a negative Return on Equity (-9.41%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: ALPCV is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ALPCV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Cerinnov Group's financial position?


Financial Position Analysis

Short Term Liabilities: ALPCV's short term assets (€17.9M) exceeds its short term liabilities (€8.9M)

Long Term Liabilities: ALPCV's short term assets (17.9M) exceeds its long term liabilities (7.6M)


Debt to Equity History and Analysis

Debt Level: ALPCV's debt to equity ratio (69.4%) is considered high

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

Debt Coverage: ALPCV's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ALPCV's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: ALPCV's debt is covered by short term assets (assets are 2.526830x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.7%industryaverage12.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if ALPCV'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 ALPCV'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 Cerinnov Group's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Arnaud Hory 0

3.5yrs

Tenure

€78,026

Compensation

Mr. Arnaud Hory has been the Chief Executive Officer of Cerinnov Group SA since April 20, 2016. Mr. Hory serves as a Consultant to Banque de France (Haute Vienne). He served as the Chief Executive Officer  ...


Management Age and Tenure

3.5yrs

Average Tenure

Experienced Management: ALPCV's management team is considered experienced (3.5 years average tenure).


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

  • Céline Hory

    Executive Vice President

    • Tenure: 0yrs
    • Compensation: €72.98k
  • Arnaud Hory

    Chairman of the Board of Directors and Chief Executive Officer

    • Tenure: 3.5yrs
    • Compensation: €78.03k
  • Claude Schneider

    Deputy Managing Director

    • Tenure: 0yrs
  • Quentin Joly

    Head of Innovation and Development

    • Tenure: 0yrs
  • Emmanuel Hubert

    Head of After Sales Department

    • Tenure: 13.8yrs

Board Members

  • Céline Hory

    Executive Vice President

    • Tenure: 0yrs
    • Compensation: €72.98k
  • Arnaud Hory

    Chairman of the Board of Directors and Chief Executive Officer

    • Tenure: 3.5yrs
    • Compensation: €78.03k
  • Olivier Vandermarcq

    Director

    • Tenure: 3.5yrs
  • Patrick Leprat

    Independent Director

    • Tenure: 3.5yrs

Company Information

Cerinnov Group SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cerinnov Group SA
  • Ticker: ALPCV
  • Exchange: ENXTPA
  • Founded: 1975
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €8.088m
  • Shares outstanding: 3.63m
  • Website: https://www.cerinnov.com

Number of Employees


Location

  • Cerinnov Group SA
  • 2 rue Columbia
  • Parc d'Ester
  • Limoges
  • Limousin
  • 87068
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPCVENXTPA (Euronext Paris)YesCommon SharesFREURJun 2016

Biography

Cerinnov Group SA engages in the manufacture and sale of production equipment worldwide. It offers shaping and glazing machines, such as pressure casting machines, robotized pressure casting machines, auto ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 21:27
End of Day Share Price2019/10/18 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.