ENXTPA:ALFRE

Stock Analysis Report

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Executive Summary

Freelance.com SA provides intermediation between companies and intellectual providers in France, Germany, Britain, Morocco, Switzerland, and Singapore. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.

Share Price & News

How has Freelance.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALFRE is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ALFRE's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

3.8%

ALFRE

6.3%

FR Professional Services

0.4%

FR Market


1 Year Return

63.9%

ALFRE

15.9%

FR Professional Services

10.3%

FR Market

Return vs Industry: ALFRE exceeded the French Professional Services industry which returned 16.3% over the past year.

Return vs Market: ALFRE exceeded the French Market which returned 11.3% over the past year.


Shareholder returns

ALFREIndustryMarket
7 Day3.8%6.3%0.4%
30 Day13.0%8.1%7.1%
90 Day-2.0%7.1%4.4%
1 Year63.9%63.9%16.7%15.9%12.5%10.3%
3 Year177.7%177.7%54.1%47.1%26.2%15.7%
5 Year283.2%269.5%122.7%103.8%68.4%43.7%

Long-Term Price Volatility Vs. Market

How volatile is Freelance.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Freelance.com undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALFRE (€4.36) is trading below our estimate of fair value (€41.65)

Significantly Below Fair Value: ALFRE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALFRE is poor value based on its PE Ratio (32.8x) compared to the FR Professional Services industry average (31x).

PE vs Market: ALFRE is poor value based on its PE Ratio (32.8x) compared to the French market (23.3x).


Price to Earnings Growth Ratio

PEG Ratio: ALFRE is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: ALFRE is overvalued based on its PB Ratio (3.8x) compared to the FR Professional Services industry average (1.5x).


Next Steps

Future Growth

How is Freelance.com forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

34.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALFRE's forecast earnings growth (34% per year) is above the savings rate (0.4%).

Earnings vs Market: ALFRE's earnings (34% per year) are forecast to grow faster than the French market (22.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALFRE's revenue (24% per year) is forecast to grow faster than the French market (7.2% per year).

High Growth Revenue: ALFRE's revenue (24% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALFRE's Return on Equity is forecast to be low in 3 years time (13.2%).


Next Steps

Past Performance

How has Freelance.com performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALFRE has high quality earnings.

Growing Profit Margin: ALFRE's current net profit margins (1.9%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: ALFRE has become profitable over the past 5 years, growing earnings by 60.2% per year.

Accelerating Growth: ALFRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALFRE had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Professional Services industry average (-43.6%).


Return on Equity

High ROE: ALFRE's Return on Equity (11.4%) is considered low.


Next Steps

Financial Health

How is Freelance.com's financial position?


Financial Position Analysis

Short Term Liabilities: ALFRE's short term assets (€126.2M) exceed its short term liabilities (€124.1M).

Long Term Liabilities: ALFRE's short term assets (€126.2M) exceed its long term liabilities (€14.8M).


Debt to Equity History and Analysis

Debt Level: ALFRE's debt to equity ratio (51.7%) is considered high.

Reducing Debt: ALFRE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ALFRE's debt is well covered by operating cash flow (65.7%).

Interest Coverage: ALFRE's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Freelance.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ALFRE is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALFRE's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

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

€198k

CEO Compensation


CEO

Sylvestre Blavet (52 yo)

2.17yrs

Tenure

€198,000

Compensation

Mr. Sylvestre Blavet serves as Chief Executive Officer at Freelance.com SA since 26 January 2019 and serves as Director since June 17, 2015 and its Chairman from January 31, 2017. He set up two companies b...


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

Freelance.com SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Freelance.com SA
  • Ticker: ALFRE
  • Exchange: ENXTPA
  • Founded: 1995
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: €163.765m
  • Shares outstanding: 36.39m
  • Website: https://www.freelance.com

Number of Employees


Location

  • Freelance.com SA
  • Paroi Nord de La Grande Arche
  • 1, Parvis de La Défense
  • Paris
  • Ile-de-France
  • 92044
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALFREENXTPA (Euronext Paris)YesOrdinary SharesFREURJul 2005

Biography

Freelance.com SA provides intermediation between companies and intellectual providers in France, Germany, Britain, Morocco, Switzerland, and Singapore. It offers outsourcing managing, talent acquisition an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/02 19:09
End of Day Share Price2021/03/02 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.