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FGA

Figeac Aero Société Anonyme ENXTPA:FGA Stock Report

Last Price

€4.96

Market Cap

€246.3m

7D

-3.1%

1Y

-12.7%

Updated

28 Jun, 2022

Data

Company Financials +
FGA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

FGA Stock Overview

Figeac Aero Société Anonyme manufactures and sells aeronautical parts and sub-assemblies in France and internationally.

Figeac Aero Société Anonyme Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Figeac Aero Société Anonyme
Historical stock prices
Current Share Price€4.96
52 Week High€6.93
52 Week Low€4.51
Beta1.84
1 Month Change-4.80%
3 Month Change-10.63%
1 Year Change-12.68%
3 Year Change-61.79%
5 Year Change-75.02%
Change since IPO-52.76%

Recent News & Updates

Shareholder Returns

FGAFR Aerospace & DefenseFR Market
7D-3.1%-3.2%2.7%
1Y-12.7%-7.8%-11.0%

Return vs Industry: FGA underperformed the French Aerospace & Defense industry which returned -7.8% over the past year.

Return vs Market: FGA underperformed the French Market which returned -11% over the past year.

Price Volatility

Is FGA's price volatile compared to industry and market?
FGA volatility
FGA Average Weekly Movement4.0%
Aerospace & Defense Industry Average Movement4.4%
Market Average Movement5.0%
10% most volatile stocks in FR Market9.2%
10% least volatile stocks in FR Market2.9%

Stable Share Price: FGA is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FGA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19892,546Jean-Claude Maillardhttps://www.figeac-aero.com

Figeac Aero Société Anonyme manufactures and sells aeronautical parts and sub-assemblies in France and internationally. The company offers aluminum structural parts, hard metal structural parts, and engine and precision parts. Its products include beams, cockpit parts, door parts, bulkhead parts, de-icing panels, door parts, floor beams, fittings, frames, profiles, ribs, rupture discs, fuselage parts, flaptracks, seat fasteners, spars, stretch splices, seat rails, tail unit parts and panels, window frames, wing parts and panels, and winglets.

Figeac Aero Société Anonyme Fundamentals Summary

How do Figeac Aero Société Anonyme's earnings and revenue compare to its market cap?
FGA fundamental statistics
Market Cap€246.31m
Earnings (TTM)-€27.98m
Revenue (TTM)€230.14m

1.1x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FGA income statement (TTM)
Revenue€230.14m
Cost of Revenue€137.96m
Gross Profit€92.18m
Other Expenses€120.16m
Earnings-€27.98m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.56
Gross Margin40.05%
Net Profit Margin-12.16%
Debt/Equity Ratio566.6%

How did FGA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is FGA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FGA?

Other financial metrics that can be useful for relative valuation.

FGA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA17.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does FGA's PS Ratio compare to its peers?

FGA PS Ratio vs Peers
The above table shows the PS ratio for FGA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.7x
LAT Latécoère
0.5x14.3%€198.2m
SOG Sogeclair
0.5x7.5%€63.7m
FII Lisi
0.9x10.9%€1.0b
ALNSE NSE
1x6.6%€68.0m
FGA Figeac Aero Société Anonyme
1.1x15.4%€246.3m

Price-To-Sales vs Peers: FGA is expensive based on its Price-To-Sales Ratio (1.1x) compared to the peer average (0.7x).


Price to Earnings Ratio vs Industry

How does FGA's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

Price-To-Sales vs Industry: FGA is expensive based on its Price-To-Sales Ratio (1.1x) compared to the French Aerospace & Defense industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is FGA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FGA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio1.1x

Price-To-Sales vs Fair Ratio: FGA is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).


Share Price vs Fair Value

What is the Fair Price of FGA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FGA (€4.96) is trading below our estimate of fair value (€5.76)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Figeac Aero Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


87.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FGA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

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

High Growth Earnings: FGA is expected to become profitable in the next 3 years.

Revenue vs Market: FGA's revenue (15.4% per year) is forecast to grow faster than the French market (5.9% per year).

High Growth Revenue: FGA's revenue (15.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FGA's Return on Equity is forecast to be low in 3 years time (11.8%).


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Past Performance

How has Figeac Aero Société Anonyme performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-66.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FGA is currently unprofitable.

Growing Profit Margin: FGA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FGA is unprofitable, and losses have increased over the past 5 years at a rate of 66.2% per year.

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

Earnings vs Industry: FGA is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (13.3%).


Return on Equity

High ROE: FGA has a negative Return on Equity (-45.08%), as it is currently unprofitable.


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Financial Health

How is Figeac Aero Société Anonyme's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: FGA's short term assets (€315.0M) exceed its short term liabilities (€205.0M).

Long Term Liabilities: FGA's short term assets (€315.0M) do not cover its long term liabilities (€352.7M).


Debt to Equity History and Analysis

Debt Level: FGA's net debt to equity ratio (492.4%) is considered high.

Reducing Debt: FGA's debt to equity ratio has increased from 83.3% to 566.6% 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: FGA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FGA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Figeac Aero Société Anonyme current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FGA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FGA has not reported any payouts.


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Management

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

6.8yrs

Average board tenure


CEO

Jean-Claude Maillard

no data

Tenure

€234,816

Compensation

Mr. Jean-Claude Maillard serves as the President at FGA Picardie, Figeac Hers, MTI and SAS Mecabrive Industri. Mr. Maillard serves as Chairman and Chief Executive Officer at Figeac-Aero Société Anonyme and...


CEO Compensation Analysis

Compensation vs Market: Jean-Claude's total compensation ($USD247.15K) is below average for companies of similar size in the French market ($USD396.48K).

Compensation vs Earnings: Jean-Claude's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: FGA's board of directors are considered experienced (6.8 years average tenure).


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 been substantially diluted in the past year, with total shares outstanding growing by 59%.


Top Shareholders

Company Information

Figeac Aero Société Anonyme's employee growth, exchange listings and data sources


Key Information

  • Name: Figeac Aero Société Anonyme
  • Ticker: FGA
  • Exchange: ENXTPA
  • Founded: 1989
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: €246.314m
  • Shares outstanding: 49.86m
  • Website: https://www.figeac-aero.com

Number of Employees


Location

  • Figeac Aero Société Anonyme
  • Zone industrielle de l'Aiguille
  • Figeac
  • Midi-Pyrénées
  • 46100
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.