ENXTPA:GOE

Stock Analysis Report

Executive Summary

Groupe Gorgé SA operates in the areas of smart safety systems, protection of high-risk installations, and 3D printing in France and internationally.

Snowflake

Fundamentals

Adequate balance sheet second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

GOE

2.1%

FR Machinery

-0.4%

FR Market


1 Year Return

30.7%

GOE

-8.7%

FR Machinery

9.5%

FR Market

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

Return vs Market: GOE exceeded the French Market which returned 9.5% over the past year.


Shareholder returns

GOEIndustryMarket
7 Day-0.6%2.1%-0.4%
30 Day-0.3%-0.1%0.06%
90 Day-8.8%-3.1%0.04%
1 Year33.2%30.7%1.6%-8.7%13.3%9.5%
3 Year-30.0%-32.7%54.4%36.7%42.5%28.7%
5 Year-23.6%-27.4%39.5%23.0%71.0%45.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: GOE (€13.96) is trading above our estimate of fair value (€10.94)

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


Price To Earnings Ratio

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

PE vs Market: GOE 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 GOE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GOE is overvalued based on its PB Ratio (2.1x) compared to the FR Machinery industry average (1.3x).


Next Steps

Future Growth

How is Groupe Gorgé forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: GOE's revenue (10.2% per year) is forecast to grow faster than the French market (4.4% per year).

High Growth Revenue: GOE's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: GOE's Return on Equity is forecast to be low in 3 years time (8.1%).


Next Steps

Past Performance

How has Groupe Gorgé performed over the past 5 years?

-60.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GOE is unprofitable, and losses have increased over the past 5 years at a rate of -60.3% per year.

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

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


Return on Equity

High ROE: GOE has a negative Return on Equity (0.26%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Groupe Gorgé's financial position?


Financial Position Analysis

Short Term Liabilities: GOE's short term assets (€254.5M) exceeds its short term liabilities (€192.8M)

Long Term Liabilities: GOE's short term assets (254.5M) exceeds its long term liabilities (74.7M)


Debt to Equity History and Analysis

Debt Level: GOE's debt to equity ratio (46.9%) is considered high

Reducing Debt: GOE's debt to equity ratio has reduced from 52.7% to 46.9% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: GOE's debt is covered by short term assets (assets are 3.543790x debt).


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: GOE has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Next Steps

Dividend

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

2.29%

Current Dividend Yield


Dividend Yield vs Market

company2.3%marketbottom25%1.6%markettop25%4.7%industryaverage12.5%forecastin3Years2.3%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: GOE's dividend (2.29%) is higher than the bottom 25% of dividend payers in the French market (1.56%).

High Dividend: GOE's dividend (2.29%) is low compared to the top 25% of dividend payers in the French market (4.72%).

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

Growing Dividend: GOE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: GOE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: GOE's dividends in 3 years are forecast to be well covered by earnings (47.9% payout ratio).


Next Steps

Management

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

11.8yrs

Average management tenure


CEO

Raphaël Gorgé 0

11.8yrs

Tenure

€307,594

Compensation

Mr. Raphaël Gorgé serves as Group Chief Executive Officer of Prodways SAS. Mr. Gorgé serves as the Chairman and Chief Executive Officer at ECA Group S.A. He was the Chief Executive Officer of Groupe Gorgé  ...


CEO Compensation Analysis

Compensation vs. Market: Raphaël's total compensation ($USD342.65K) is about average for companies of similar size in the French market ($USD354.65K).

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


Management Age and Tenure

11.8yrs

Average Tenure

Experienced Management: GOE's management team is seasoned and experienced (11.8 years average tenure).


Board Age and Tenure

7.3yrs

Average Tenure

Experienced Board: GOE's board of directors are considered experienced (7.3 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

  • Raphaël Gorgé

    Chairman & CEO

    • Tenure: 11.8yrs
    • Compensation: €307.59k
  • Céline Leroy

    General Counsel & Employee Director

    • Tenure: 0.8yrs
  • Catherine Gorgé

    Corporate Secretary & Director

    • Tenure: 7.3yrs
    • Compensation: €40.93k
  • Olivier Strebelle (39yo)

    Chief Executive Officer of Prodways Group

    • Tenure: 0yrs

Board Members

  • Jean-Pierre Gorgé

    Director

    • Tenure: 28.6yrs
    • Compensation: €141.17k
  • Raphaël Gorgé

    Chairman & CEO

    • Tenure: 11.8yrs
    • Compensation: €307.59k
  • Martine Griffon-Fouco

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: €10.00k
  • Céline Leroy

    General Counsel & Employee Director

    • Tenure: 0.8yrs
  • Sylvie Lucot

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: €10.00k
  • Catherine Gorgé

    Corporate Secretary & Director

    • Tenure: 7.3yrs
    • Compensation: €40.93k
  • Hugues Souparis

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: €10.00k

Company Information

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


Key Information

  • Name: Groupe Gorgé SA
  • Ticker: GOE
  • Exchange: ENXTPA
  • Founded: 1988
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €188.437m
  • Shares outstanding: 13.50m
  • Website: https://www.groupe-gorge.com

Number of Employees


Location

  • Groupe Gorgé SA
  • 19 rue du Quatre-Septembre
  • Paris
  • Ile-de-France
  • 75002
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GOEENXTPA (Euronext Paris)YesRegistered SharesFREURMar 1998
0OHCLSE (London Stock Exchange)YesRegistered SharesGBEURMar 1998
GGRG.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDMar 1998
GOEPBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURMar 1998
2G3DB (Deutsche Boerse AG)YesRegistered SharesDEEURMar 1998

Biography

Groupe Gorgé SA operates in the areas of smart safety systems, protection of high-risk installations, and 3D printing in France and internationally. The company’s Smart Safety Systems division develops tec ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 20:39
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.