ENXTPA:GOE

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GOE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.7%

GOE

-0.3%

FR Machinery

0.7%

FR Market


1 Year Return

-13.3%

GOE

9.9%

FR Machinery

-8.0%

FR Market

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

Return vs Market: GOE underperformed the French Market which returned -7.5% over the past year.


Shareholder returns

GOEIndustryMarket
7 Day4.7%-0.3%0.7%
30 Day13.4%-6.1%3.1%
90 Day-3.0%-14.0%0.1%
1 Year-11.4%-13.3%10.1%9.9%-6.0%-8.0%
3 Year-31.2%-35.3%9.5%-2.1%4.7%-4.4%
5 Year-41.2%-44.7%45.9%27.7%29.2%11.5%

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?

1.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GOE (€12.88) is trading above our estimate of fair value (€1.67)

Significantly Below Fair Value: 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 FR 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

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 (1.9x) 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 2 analysts?

109.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: GOE's revenue (10.9% per year) is forecast to grow faster than the French market (6.8% per year).

High Growth Revenue: GOE's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GOE's Return on Equity is forecast to be low in 3 years time (5.3%).


Next Steps

Past Performance

How has Groupe Gorgé performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GOE is currently unprofitable.

Growing Profit Margin: GOE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GOE is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% 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 (-19.2%).


Return on Equity

High ROE: GOE has a negative Return on Equity (-6.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Groupe Gorgé's financial position?


Financial Position Analysis

Short Term Liabilities: GOE's short term assets (€263.3M) exceed its short term liabilities (€204.3M).

Long Term Liabilities: GOE's short term assets (€263.3M) exceed its long term liabilities (€67.2M).


Debt to Equity History and Analysis

Debt Level: GOE's debt to equity ratio (67.9%) is considered high.

Reducing Debt: GOE's debt to equity ratio has reduced from 69.6% to 67.9% 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 GOE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GOE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.5% per year.


Next Steps

Dividend

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

2.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GOE's dividend (2.48%) is higher than the bottom 25% of dividend payers in the French market (1.56%).

High Dividend: GOE's dividend (2.48%) is low compared to the top 25% of dividend payers in the French market (5.29%).


Stability and Growth of Payments

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 (43.7% payout ratio).


Next Steps

Management

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

8.3yrs

Average board tenure


CEO

Raphaël Gorgé

12.75yrs

Tenure

€403,390

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 ($USD477.22K) is about average for companies of similar size in the French market ($USD511.97K).

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


Board Members

NamePositionTenureCompensationOwnership
Raphaël Gorgé
Chairman & CEO12.75yrs€403.39k1.44%
€ 2.5m
Céline Leroy
General Counsel & Employee Director1.83yrs€154.59kno data
Hélène de Cointet
Deputy CEO & Director0.75yr€210.53kno data
Jean-Pierre Gorgé
Director29.58yrs€68.84k0.86%
€ 1.5m
Martine Griffon-Fouco
Independent Director8.33yrs€15.00kno data
Sylvie Lucot
Independent Director14.33yrs€15.00kno data
Catherine Gorgé
Director8.33yrs€12.72kno data

8.3yrs

Average Tenure

Experienced Board: GOE's board of directors are considered experienced (8.3 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 not been meaningfully diluted in the past year.


Top Shareholders

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: €173.192m
  • Shares outstanding: 13.45m
  • 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, Europe, and internationally. The Smart Safety Systems division develops tech ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 20:54
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.