ENXTPA:ALPJT

Stock Analysis Report

Executive Summary

Poujoulat SA provides metal chimney flues and stacks in France.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

ALPJT

1.7%

FR Building

-0.4%

FR Market


1 Year Return

-22.6%

ALPJT

13.5%

FR Building

9.5%

FR Market

Return vs Industry: ALPJT underperformed the French Building industry which returned 12.9% over the past year.

Return vs Market: ALPJT underperformed the French Market which returned 9.6% over the past year.


Shareholder returns

ALPJTIndustryMarket
7 Day0%1.7%-0.4%
30 Day-2.6%7.7%0.06%
90 Day-4.5%7.3%0.04%
1 Year-21.6%-22.6%18.0%13.5%13.3%9.5%
3 Year-7.6%-10.9%0.6%-8.2%42.5%28.7%
5 Year-21.6%-26.5%28.6%10.5%71.0%45.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

91.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: ALPJT (€29.4) is trading above our estimate of fair value (€23.18)

Significantly Undervalued: ALPJT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALPJT is poor value based on its PE Ratio (91.4x) compared to the Building industry average (28.8x).

PE vs Market: ALPJT is poor value based on its PE Ratio (91.4x) compared to the French market (17.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALPJT is good value based on its PB Ratio (0.7x) compared to the FR Building industry average (1.1x).


Next Steps

Future Growth

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

5.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ALPJT's forecast earnings growth is above the savings rate (0.7%).

Earnings vs Market: Insufficient data to determine if ALPJT's earnings are forecast to grow faster than the French market

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

Revenue vs Market: ALPJT's revenue (5.1% per year) is forecast to grow faster than the French market (4.5% per year).

High Growth Revenue: ALPJT's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ALPJT's Return on Equity is forecast to be low in 3 years time (3.8%).


Next Steps

Past Performance

How has Poujoulat performed over the past 5 years?

-46.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ALPJT's earnings have declined by -46.5% per year over the past 5 years.

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

Earnings vs Industry: ALPJT had negative earnings growth (-67.4%) over the past year, making it difficult to compare to the Building industry average (-28.8%).


Return on Equity

High ROE: ALPJT's Return on Equity (1%) is considered low.


Return on Assets

ROA vs Industry: ALPJT's Return on Assets is below or equal to the Building industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Poujoulat's financial position?


Financial Position Analysis

Short Term Liabilities: ALPJT's short term assets (€90.7M) exceeds its short term liabilities (€58.8M)

Long Term Liabilities: ALPJT's short term assets (90.7M) exceeds its long term liabilities (40.5M)


Debt to Equity History and Analysis

Debt Level: ALPJT's debt to equity ratio (63.6%) is considered high

Reducing Debt: ALPJT's debt to equity ratio has reduced from 91.9% to 63.6% over the past 5 years.

Debt Coverage: ALPJT's debt is not well covered by operating cash flow (16%).

Interest Coverage: ALPJT's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

Inventory Level: ALPJT has a high level of physical assets or inventory.

Debt Coverage by Assets: ALPJT's debt is covered by short term assets (assets are 1.735150x debt).


Next Steps

Dividend

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

1.36%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%1.6%markettop25%4.7%industryaverage3.5%forecastin3Years7.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ALPJT's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.53%).

High Dividend: ALPJT's dividend (1.36%) is low compared to the top 25% of dividend payers in the French market (4.64%).

Stable Dividend: ALPJT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ALPJT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (124.4%), ALPJT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALPJT's dividends in 3 years are not forecast to be well covered by earnings (158.2% payout ratio).


Next Steps

Management

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

€35k

CEO Compensation


CEO

Jean Menut 0

0yrs

Tenure

€34,930

Compensation

Mr. Jean Menut serves as Chief executive officer at Poujoulat SA, Administrator of Ets Poujoulat Sa, Chief executive officer of Sheet-iron Works Forezienne, Administrator and deputy chief executive officer ...


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

  • Frédéric Coirier

    CEO & Chairman of the Executive Board

    • Tenure: 0yrs
    • Compensation: €164.10k
  • Stéphane Thomas

    Member of Executive Board and Marketing & Development Director

    • Tenure: 0yrs
    • Compensation: €142.79k
  • Jean Menut

    Chairman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €34.93k
  • Jean-François Bénot

    Administrative & Financial Director and Member of Executive Board

    • Tenure: 0yrs
    • Compensation: €139.38k
  • Philippe Bullier

    Director of Operations and Member of Executive Board

    • Tenure: 0yrs
    • Compensation: €155.87k
  • Jean-Luc Pierre

    Technical Director

    • Tenure: 0yrs
  • Mélanie Georget-Truchi

    Human Resources Director

    • Tenure: 0yrs
  • Gildas Léauté

    Sales Director and Member of Executive Board

    • Tenure: 0yrs
    • Compensation: €139.07k
  • Marlène Gault

    Accounting Director

    • Tenure: 0yrs
  • Michel Van Pruyssen

    COO & Member of Executive Board

    • Tenure: 3.8yrs
    • Compensation: €28.57k

Board Members

  • André Prunier

    Vice-Chairman of the Supervisory Board

    • Tenure: 5yrs
    • Compensation: €29.38k
  • Jean Menut

    Chairman of the Supervisory Board

    • Tenure: 0yrs
    • Compensation: €34.93k
  • Michel Camp

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €5.54k
  • Louis Deparis

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €5.54k
  • Hedwige Penfentenyo

    Member of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €11.08k
  • Florence Coirier

    Director

    • Tenure: 0yrs
    • Compensation: €5.54k
  • Jérôme Coirier

    Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Poujoulat SA
  • Ticker: ALPJT
  • Exchange: ENXTPA
  • Founded: 1950
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: €57.479m
  • Shares outstanding: 1.96m
  • Website: https://www.poujoulat.com

Number of Employees


Location

  • Poujoulat SA
  • CS 50016
  • Saint-Symphorien
  • Frontenay Rohan Rohan
  • Poitou-Charentes
  • 79270
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPJTENXTPA (Euronext Paris)YesOrdinary SharesFREURMar 1992

Biography

Poujoulat SA provides metal chimney flues and stacks in France. The company’s product portfolio include double wall insulated chimneys and concentric chimneys, chimney stacks, connecting pipes and flue lin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 20:35
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.