LAT Stock Overview
Latécoère S.A. designs, develops, manufactures, and supports aerostructures and interconnection systems in Europe, the United States, Africa, Asia, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||€0.42|
|52 Week High||€2.08|
|52 Week Low||€0.37|
|1 Month Change||-3.74%|
|3 Month Change||-14.93%|
|1 Year Change||-76.55%|
|3 Year Change||-84.95%|
|5 Year Change||-88.74%|
|Change since IPO||-95.14%|
Recent News & Updates
|LAT||FR Aerospace & Defense||FR Market|
Return vs Industry: LAT underperformed the French Aerospace & Defense industry which returned -72.1% over the past year.
Return vs Market: LAT underperformed the French Market which returned -18.8% over the past year.
|LAT Average Weekly Movement||5.8%|
|Aerospace & Defense Industry Average Movement||6.6%|
|Market Average Movement||6.0%|
|10% most volatile stocks in FR Market||10.2%|
|10% least volatile stocks in FR Market||3.5%|
Stable Share Price: LAT is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: LAT's weekly volatility (6%) has been stable over the past year.
About the Company
Latécoère S.A. designs, develops, manufactures, and supports aerostructures and interconnection systems in Europe, the United States, Africa, Asia, and internationally. The company manufactures aircraft structural elements, such as aircraft doors; and fuselage components, such as aircraft sections, tail cones, nose cone fairings, etc. It also offers electrical harnesses and wiring interconnection systems, avionics racks, airborne video equipment and systems, and test benches for the aeronautics, defense, and space sectors, as well as cameras, screens, data transmission solutions. The company was founded in 1917 and is headquartered in Toulouse, France.
Latécoère Fundamentals Summary
|LAT fundamental statistics|
Is LAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAT income statement (TTM)|
|Cost of Revenue||€249.86m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 20, 2022
|Earnings per share (EPS)||-0.21|
|Net Profit Margin||-29.45%|
How did LAT perform over the long term?See historical performance and comparison
Is Latécoère undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LAT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate LAT's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: LAT is unprofitable, so we can't compare its Price-To-Earnings Ratio to the French Aerospace & Defense industry average.
PE vs Market: LAT is unprofitable, so we can't compare its Price-To-Earnings Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LAT is good value based on its Price-To-Book Ratio (1.5x) compared to the FR Aerospace & Defense industry average (2.2x).
How is Latécoère forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).
Earnings vs Market: LAT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LAT's is expected to become profitable in the next 3 years.
Revenue vs Market: LAT's revenue (14.3% per year) is forecast to grow faster than the French market (5.8% per year).
High Growth Revenue: LAT's revenue (14.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LAT is forecast to be unprofitable in 3 years.
How has Latécoère performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAT is currently unprofitable.
Growing Profit Margin: LAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LAT is unprofitable, and losses have increased over the past 5 years at a rate of 70.6% per year.
Accelerating Growth: Unable to compare LAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAT is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (16.3%).
Return on Equity
High ROE: LAT has a negative Return on Equity (-73.5%), as it is currently unprofitable.
How is Latécoère's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LAT's short term assets (€501.7M) exceed its short term liabilities (€199.7M).
Long Term Liabilities: LAT's short term assets (€501.7M) exceed its long term liabilities (€401.6M).
Debt to Equity History and Analysis
Debt Level: LAT's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: LAT's debt to equity ratio has increased from 47.2% to 201% over the past 5 years.
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: LAT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LAT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 26.7% each year
What is Latécoère current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LAT'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 LAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LAT'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 LAT has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Thierry Mootz serves as Chief Executive Officer at Latécoère S.A. since August 2, 2021. He served as Deputy Chief Executive Officer at Latécoère S.A. since 2020 until August 2, 2021 and was its Deputy...
CEO Compensation Analysis
Compensation vs Market: Thierry's total compensation ($USD630.64K) is above average for companies of similar size in the French market ($USD399.32K).
Compensation vs Earnings: Insufficient data to compare Thierry's compensation with company performance.
Experienced Management: LAT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: LAT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 465.3%.
Latécoère S.A.'s employee growth, exchange listings and data sources
- Name: Latécoère S.A.
- Ticker: LAT
- Exchange: ENXTPA
- Founded: 1917
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: €227.339m
- Shares outstanding: 535.54m
- Website: https://www.latecoere.aero
Number of Employees
- Latécoère S.A.
- 135, rue de Periole
- BP 25211
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
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.