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Artefact

ENXTPA:ALATF
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALATF
ENXTPA
€77M
Market Cap
  1. Home
  2. FR
  3. Commercial Services
Company description

Artefact SA, a digital marketing agency, provides digital marketing consultancy services based on data and artificial intelligence (AI) worldwide. The last earnings update was 57 days ago. More info.


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ALATF Share Price and Events
7 Day Returns
0.2%
ENXTPA:ALATF
-0.9%
FR Professional Services
-0.4%
FR Market
1 Year Returns
-31.1%
ENXTPA:ALATF
1.6%
FR Professional Services
2.9%
FR Market
ALATF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Artefact (ALATF) 0.2% 13.7% 0.9% -31.1% 13.1% -4.1%
FR Professional Services -0.9% 0.9% 6% 1.6% 52.6% 67.9%
FR Market -0.4% 3% 3.8% 2.9% 37.3% 33.1%
1 Year Return vs Industry and Market
  • ALATF underperformed the Professional Services industry which returned 1.6% over the past year.
  • ALATF underperformed the Market in France which returned 2.9% over the past year.
Price Volatility
ALATF
Industry
5yr Volatility vs Market

ALATF Value

 Is Artefact undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Artefact to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Artefact.

ENXTPA:ALATF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:ALATF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.851 (1 + (1- 33%) (19.87%))
0.976
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (0.976 * 6.65%)
7.23%

Discounted Cash Flow Calculation for ENXTPA:ALATF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Artefact is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:ALATF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.23%)
2019 0.30 Analyst x2 0.28
2020 2.75 Analyst x2 2.39
2021 6.50 Analyst x1 5.27
2022 10.21 Est @ 57.01% 7.72
2023 14.30 Est @ 40.13% 10.09
2024 18.35 Est @ 28.31% 12.07
2025 22.03 Est @ 20.04% 13.52
2026 25.17 Est @ 14.25% 14.40
2027 27.73 Est @ 10.19% 14.80
2028 29.77 Est @ 7.35% 14.82
Present value of next 10 years cash flows €95.37
ENXTPA:ALATF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €29.77 × (1 + 0.73%) ÷ (7.23% – 0.73%)
€461.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €461.91 ÷ (1 + 7.23%)10
€229.93
ENXTPA:ALATF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €95.37 + €229.93
€325.30
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €325.30 / 32.88
€9.89
ENXTPA:ALATF Discount to Share Price
Calculation Result
Value per share (EUR) From above. €9.89
Current discount Discount to share price of €2.33
= -1 x (€2.33 - €9.89) / €9.89
76.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Artefact is available for.
Intrinsic value
>50%
Share price is €2.33 vs Future cash flow value of €9.89
Current Discount Checks
For Artefact to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Artefact's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Artefact's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Artefact's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Artefact's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ALATF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €-0.04
ENXTPA:ALATF Share Price ** ENXTPA (2019-06-26) in EUR €2.33
France Professional Services Industry PE Ratio Median Figure of 11 Publicly-Listed Professional Services Companies 16.57x
France Market PE Ratio Median Figure of 421 Publicly-Listed Companies 17.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Artefact.

ENXTPA:ALATF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ALATF Share Price ÷ EPS (both in EUR)

= 2.33 ÷ -0.04

-62.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Artefact is loss making, we can't compare its value to the FR Professional Services industry average.
  • Artefact is loss making, we can't compare the value of its earnings to the France market.
Price based on expected Growth
Does Artefact's expected growth come at a high price?
Raw Data
ENXTPA:ALATF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -62.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
85.1%per year
France Professional Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Professional Services Companies 1.08x
France Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Artefact, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Artefact's assets?
Raw Data
ENXTPA:ALATF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €1.72
ENXTPA:ALATF Share Price * ENXTPA (2019-06-26) in EUR €2.33
France Professional Services Industry PB Ratio Median Figure of 14 Publicly-Listed Professional Services Companies 2.04x
France Market PB Ratio Median Figure of 622 Publicly-Listed Companies 1.46x
ENXTPA:ALATF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ALATF Share Price ÷ Book Value per Share (both in EUR)

= 2.33 ÷ 1.72

1.36x

* Primary Listing of Artefact.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Artefact is good value based on assets compared to the FR Professional Services industry average.
X
Value checks
We assess Artefact's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Artefact has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ALATF Future Performance

 How is Artefact expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
85.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Artefact expected to grow at an attractive rate?
  • Artefact's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Artefact's earnings growth is expected to exceed the France market average.
  • Artefact's revenue growth is expected to exceed the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ALATF Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ALATF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 85.1%
ENXTPA:ALATF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 18%
France Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
France Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
France Market Earnings Growth Rate Market Cap Weighted Average 12.7%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ALATF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ALATF Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 119 10 7 1
2020-12-31 94 4 2 2
2019-12-31 78 2 -2 2
ENXTPA:ALATF Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 68 -4 -1
2018-09-30 66 -6 -2
2018-06-30 175 -7 -3
2018-03-31 168 -3 -4
2017-12-31 50 0 -5
2017-09-30 100 0 -3
2017-06-30 151 0 -2
2017-03-31 145 0 -1
2016-12-31 140 -1 0
2016-09-30 132 1 1
2016-06-30 123 2 2
2016-03-31 117 3 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Artefact's earnings are expected to grow significantly at over 20% yearly.
  • Artefact's revenue is expected to grow by 18% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ALATF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Artefact Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALATF Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.21 0.21 0.21 1.00
2020-12-31 0.05 0.09 0.01 2.00
2019-12-31 -0.05 -0.02 -0.08 2.00
ENXTPA:ALATF Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.07
2018-06-30 -0.10
2018-03-31 -0.15
2017-12-31 -0.22
2017-09-30 -0.16
2017-06-30 -0.09
2017-03-31 -0.04
2016-12-31 0.02
2016-09-30 0.07
2016-06-30 0.13
2016-03-31 0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Artefact is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Artefact's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Artefact has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ALATF Past Performance

  How has Artefact performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Artefact's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Artefact does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Artefact's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Artefact's 1-year growth to the FR Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Artefact's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Artefact Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALATF Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 67.61 -1.16 62.84
2018-09-30 65.63 -1.97 58.78
2018-06-30 174.70 -2.78 55.08
2018-03-31 167.81 -3.81 50.82
2017-12-31 49.87 -4.84 46.19
2017-09-30 100.21 -3.27 43.15
2017-06-30 150.56 -1.70 40.11
2017-03-31 145.26 -0.66 38.01
2016-12-31 139.96 0.38 35.91
2016-09-30 131.55 1.21 34.64
2016-06-30 123.14 2.04 33.38
2016-03-31 116.97 2.17 32.62
2015-12-31 110.80 2.30 31.86
2015-09-30 100.34 3.66 36.88
2015-06-30 89.88 5.02 41.90
2015-03-31 93.22 3.86 35.81
2014-12-31 96.57 2.69 29.73
2014-09-30 93.09 4.18 47.24
2014-06-30 126.94 -3.57 3.17
2014-03-31 129.85 -4.41 1.58
2013-12-31 114.09 -0.63 30.79
2013-09-30 134.94 -5.03
2013-06-30 137.13 -4.81
2013-03-31 137.39 -4.39
2012-12-31 137.64 -3.97
2012-09-30 129.34 -4.58
2012-06-30 121.29 -5.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Artefact has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Artefact has efficiently used its assets last year compared to the FR Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Artefact improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Artefact's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Artefact has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ALATF Health

 How is Artefact's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Artefact's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Artefact is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Artefact's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Artefact's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Artefact Company Filings, last reported 5 months ago.

ENXTPA:ALATF Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 57.28 15.22 16.49
2018-09-30 57.28 15.22 16.49
2018-06-30 53.51 16.46 14.21
2018-03-31 53.51 16.46 14.21
2017-12-31 36.53 20.08 11.32
2017-09-30 36.53 20.08 11.32
2017-06-30 23.91 15.98 10.14
2017-03-31 23.91 15.98 10.14
2016-12-31 25.09 15.51 10.28
2016-09-30 25.09 15.51 10.28
2016-06-30 18.98 13.10 6.47
2016-03-31 18.98 13.10 6.47
2015-12-31 18.60 12.22 7.05
2015-09-30 18.60 12.22 7.05
2015-06-30 8.44 12.25 6.16
2015-03-31 8.44 12.25 6.16
2014-12-31 15.26 12.51 5.57
2014-09-30 15.26 12.51 5.57
2014-06-30 6.44 13.05 5.55
2014-03-31 6.44 13.05 5.55
2013-12-31 11.72 14.46 7.51
2013-09-30 7.53 13.63 7.51
2013-06-30 9.57 13.68 7.25
2013-03-31 9.57 13.68 7.25
2012-12-31 11.03 14.87 8.46
2012-09-30 9.70 15.95 8.88
2012-06-30 9.70 15.95 8.88
  • Artefact's level of debt (26.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (123.9% vs 26.6% today).
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.

  • Artefact has sufficient cash runway for more than 3 years based on current free cash flow.
  • Artefact has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 113.4% each year.
X
Financial health checks
We assess Artefact's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Artefact has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ALATF Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Artefact dividends. Estimated to be 0% next year.
If you bought €2,000 of Artefact shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Artefact's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Artefact's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ALATF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
France Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.8%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ALATF Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Artefact has not reported any payouts.
  • Unable to verify if Artefact's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Artefact's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Artefact has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Artefact's dividends in 3 years as they are not expected to pay a notable one for France.
X
Income/ dividend checks
We assess Artefact's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Artefact afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Artefact has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ALATF Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guillaume Roquemaurel
CEO Bio

Mr. Guillaume De Roquemaurel is a Co-Founder and Group CEO of Artefact S.A. Mr. Roquemaurel has been Chief Operating Officer of NetBooster SA since September 15, 2017. He served as COO of Artefact S.A. He worked at McKinsey for 5 years, within high-tech, telecoms and media. At Google, as a Sales Manager, he realized the need for consulting on data sciences, marketing and media. As a result, he decided to co-create Artefact.

CEO Compensation
  • Insufficient data for Guillaume to compare compensation growth.
  • Insufficient data for Guillaume to establish whether their remuneration is reasonable compared to companies of similar size in France.
Management Team Tenure

Average tenure of the Artefact management team in years:

3.3
Average Tenure
  • The tenure for the Artefact management team is about average.
Management Team

Guillaume Roquemaurel

TITLE
Co-Founder & Group CEO

Philippe Rolet

TITLE
Co-Founder & Group CTO

Benjamin Hartmann

TITLE
Group Chief Financial Officer
TENURE
1.3 yrs

Vincent Luciani

TITLE
Co-Founder & Group COO
TENURE
1.5 yrs

Cian O'Connor

TITLE
Group Head of Corporate Finance & Controlling
TENURE
4.4 yrs

Alexia Cassini

TITLE
Group Communication Manager

Kris Ewald

TITLE
Group Chief Innovation Officer
AGE
45
TENURE
2.8 yrs

Raul Alcazar

TITLE
Managing Director of Spain
TENURE
6.4 yrs

Debora Casalaspro

TITLE
Managing Director of Italy
TENURE
6.2 yrs

Frank Glahn

TITLE
Head of Finance for Metapeople - Germany & Zurich
TENURE
3.3 yrs
Board of Directors

François de La Villardiere

TITLE
Chairman
AGE
53
TENURE
2.7 yrs

Benjamin Faes

TITLE
Non-Executive Director

Cedric Weinberg

TITLE
Director
AGE
40
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Artefact's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Artefact has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ALATF News

Simply Wall St News

Volatility 101: Should Artefact (EPA:ALATF) Shares Have Dropped 19%?

That downside risk was realized by Artefact SA (EPA:ALATF) shareholders over the last year, as the share price declined 19%. … Unfortunately that wasn't good enough to stop the share price dropping 19%. … But if revenue keeps growing, then at a certain point the share price would likely follow.

Simply Wall St -

How Many Artefact SA (EPA:ALATF) Shares Do Institutions Own?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … We also tend to see lower insider ownership in companies that were previously publicly owned.

Simply Wall St -

Does The Artefact SA (EPA:ALATF) Share Price Tend To Follow The Market?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Should You Investigate Artefact SA (EPA:ALATF) At €2.12?

Artefact SA (EPA:ALATF), which is in the professional services business, and is based in France,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Artefact’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Artefact SA (EPA:ALATF): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Artefact SA (EPA:ALATF), with a market cap of €68m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

Do Institutions Own Shares In Artefact SA (EPA:ALATF)?

If you want to know who really controls Artefact SA (EPA:ALATF), then you'll have to look at the makeup of its share registry. … Artefact is not a large company by global standards. … institutional investors have bought into the company.

Simply Wall St -

What Do You Get For Owning Artefact SA (EPA:ALATF)?

Owing to this, it is important that the underlying business is producing a sufficient amount of income from the capital invested by stockholders. … To understand Artefact’s capital returns we will look at a useful metric called return on capital employed. … This will tell us if the company is growing your capital and placing you in good stead to sell your shares at a profit

Simply Wall St -

Is Artefact SA (EPA:ALATF) A Financially Sound Company?

While small-cap stocks, such as Artefact SA (EPA:ALATF) with its market cap of €105.23m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

Simply Wall St -

Calculating The Fair Value Of Artefact SA (EPA:ALATF)

Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Artefact SA (EPA:ALATF) as an investment opportunity. … by taking the expected future cash flows and discounting them to today's value. … If you are reading this and its not June 2018 then I highly recommend you check out the latest calculation for Artefact by following the link below.

Simply Wall St -

How Financially Strong Is Artefact SA. (EPA:ALATF)?

How does ALATF’s operating cash flow stack up against its debt? … Looking at ALATF’s most recent €58.17M liabilities, it seems that the business has been able to meet these obligations given the level of current assets of €64.19M, with a current ratio of 1.1x. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, ALATF has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

ALATF Company Info

Description

Artefact SA, a digital marketing agency, provides digital marketing consultancy services based on data and artificial intelligence (AI) worldwide. It offers media and activation services, such as CRM consultancy, affiliate marketing, programmatic display, social media advertising, search engine advertising, and SEO and content marketing services; and creative services, including Website and app development, video production, UX design, AI and Data Mod apps, and visualizations. The company also provides strategic consulting and data science services; and artificial intelligence and big data ecosystem technologies. The company was formerly known as NetBooster SA and changed its name to Artefact SA in January 2018. Artefact SA was founded in 1998 and is headquartered in Paris, France.

Details
Name: Artefact SA
ALATF
Exchange: ENXTPA
Founded: 1998
€76,603,778
32,877,158
Website: http://artefact.com
Address: Artefact SA
19 rue Richer,
Paris,
Ile-de-France, 75009,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALATF Ordinary Shares Euronext Paris FR EUR 13. Jul 2006
DB A0F Ordinary Shares Deutsche Boerse AG DE EUR 13. Jul 2006
LSE 0CY2 Ordinary Shares London Stock Exchange GB EUR 13. Jul 2006
Number of employees
Current staff
Staff numbers
821
Artefact employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 20:55
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/18
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.