New Risk • Jun 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (75% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€75.3m market cap, or US$85.8m). Announcement • Jun 13
Abéo SA, Annual General Meeting, Jul 15, 2026 Abéo SA, Annual General Meeting, Jul 15, 2026. Location: hotel chateau de la dame blanche, 1 chemin de la goulotte, geneuille France Declared Dividend • Jun 12
Dividend reduced to €0.32 Dividend of €0.32 is 3.0% lower than last year. Ex-date: 29th July 2026 Payment date: 31st July 2026 Dividend yield will be 3.3%, which is lower than the industry average of 3.5%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 13
Abéo SA to Report Fiscal Year 2026 Results on Jun 03, 2026 Abéo SA announced that they will report fiscal year 2026 results After-Market on Jun 03, 2026 Price Target Changed • Feb 05
Price target decreased by 13% to €17.50 Down from €20.00, the current price target is an average from 2 analysts. New target price is 101% above last closing price of €8.72. Stock is down 18% over the past year. The company is forecast to post earnings per share of €1.41 for next year compared to €0.77 last year. New Risk • Dec 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€67.9m market cap, or US$79.9m). Upcoming Dividend • Jul 22
Upcoming dividend of €0.33 per share Eligible shareholders must have bought the stock before 29 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of French dividend payers (5.3%). In line with average of industry peers (3.4%). Reported Earnings • Jun 25
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: €0.77 (up from €0.34 in FY 2024). Revenue: €248.7m (flat on FY 2024). Net income: €5.83m (up 130% from FY 2024). Profit margin: 2.3% (up from 1.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.3%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year. New Risk • Jun 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (67% net debt to equity). Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (€74.4m market cap, or US$85.7m). Declared Dividend • Jun 11
Dividend increased to €0.33 Dividend of €0.33 is 65% higher than last year. Ex-date: 29th July 2025 Payment date: 31st July 2025 Dividend yield will be 3.3%, which is lower than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €9.96, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Leisure industry in Europe. Total loss to shareholders of 45% over the past three years. Announcement • May 27
Abéo SA (ENXTPA:ABEO) acquired 70% stake in Sodex International. Abéo SA (ENXTPA:ABEO) acquired 70% stake in Sodex International on May 26, 2025. The acquisition will strengthen the Sport division of Abéo SA. The transaction will be financed through ABEO's existing cash resources and credit facilities. The agreement includes a cross-share purchase agreement covering the remaining 30% of the share capital based on the performance of the first fiscal year following the integration.
Abéo SA (ENXTPA:ABEO) completed the acquisition of 70% stake in Sodex International on May 26, 2025. Announcement • May 08
Abéo SA to Report Fiscal Year 2025 Results on Jun 03, 2025 Abéo SA announced that they will report fiscal year 2025 results on Jun 03, 2025 Reported Earnings • Dec 06
First half 2025 earnings released First half 2025 results: Revenue: €123.9m (flat on 1H 2024). Net income: €2.04m (down 17% from 1H 2024). Profit margin: 1.6% (down from 2.0% in 1H 2024). Upcoming Dividend • Jul 22
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 29 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of French dividend payers (5.3%). Lower than average of industry peers (5.9%). Declared Dividend • Jul 01
Dividend reduced to €0.20 Dividend of €0.20 is 39% lower than last year. Ex-date: 29th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.5%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Reported Earnings • Jun 25
Full year 2024 earnings: Revenues in line with analyst expectations Full year 2024 results: Revenue: €248.4m (up 4.0% from FY 2023). Net income: €2.53m (down 62% from FY 2023). Profit margin: 1.0% (down from 2.8% in FY 2023). Announcement • Jun 13
Abéo SA, Annual General Meeting, Jul 16, 2024 Abéo SA, Annual General Meeting, Jul 16, 2024. Location: hotel chateau de la dame blanche, 1 chemin de la goulotte, geneuille France Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €12.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Leisure industry in France. Total returns to shareholders of 17% over the past three years. Announcement • May 16
Abéo SA to Report Fiscal Year 2024 Results on Jun 04, 2024 Abéo SA announced that they will report fiscal year 2024 results After-Market on Jun 04, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €10.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Leisure industry in Europe. Total loss to shareholders of 14% over the past three years. New Risk • Mar 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.2m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (€90.2m market cap, or US$98.0m). Reported Earnings • Dec 14
First half 2024 earnings released First half 2024 results: Revenue: €123.5m (up 4.8% from 1H 2023). Net income: €2.46m (down 54% from 1H 2023). Profit margin: 2.0% (down from 4.6% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Leisure industry in France. Announcement • Aug 18
Abéo SA to Report First Half, 2024 Results on Dec 05, 2023 Abéo SA announced that they will report first half, 2024 results on Dec 05, 2023 Announcement • Jun 14
Abéo SA, Annual General Meeting, Jul 18, 2023 Abéo SA, Annual General Meeting, Jul 18, 2023. New Risk • Jun 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.4% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Dividend is not well covered by cash flows (179% cash payout ratio). Announcement • May 19
Abéo SA to Report Fiscal Year 2023 Results on Jun 06, 2023 Abéo SA announced that they will report fiscal year 2023 results at 5:40 PM, Central European Standard Time on Jun 06, 2023 Reported Earnings • Dec 10
First half 2023 earnings released First half 2023 results: Revenue: €117.8m (up 23% from 1H 2022). Net income: €5.37m (up 71% from 1H 2022). Profit margin: 4.6% (up from 3.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Leisure industry in Europe. Price Target Changed • Nov 16
Price target increased to €23.00 Up from €15.00, the current price target is provided by 1 analyst. New target price is 24% above last closing price of €18.55. Stock is up 34% over the past year. The company is forecast to post earnings per share of €1.35 for next year compared to €0.96 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Marc-Olivier Strauss-Kahn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 08
Abéo SA to Report First Half, 2023 Results on Dec 06, 2022 Abéo SA announced that they will report first half, 2023 results on Dec 06, 2022 Price Target Changed • Aug 18
Price target increased to €23.00 Up from €15.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €19.40. Stock is up 33% over the past year. The company is forecast to post earnings per share of €1.35 for next year compared to €0.96 last year. Upcoming Dividend • Jul 15
Upcoming dividend of €0.40 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 26 July 2022. Trailing yield: 2.0%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (2.9%). Announcement • Jul 14
Abéo SA (ENXTPA : ABEO) Completed the acquisition of 70% stake in Bigairbag B.V. from Huting Company B.V. Abéo SA (ENXTPA : ABEO) entered into an agreement to acquire 70% stake in Bigairbag B.V. on June 13, 2022. The agreement signed on provides for an earnout payment indexed to the company's performance during the first financial year following consolidation, as well as a combined put and call option on the remaining 30% equity stake.The acquisition will be financed with equity by payment in cash for 64% and by payment in ABEO Shares for 36%. In 2021 Bigairbag B.V. achieved profitable turnover of €3 million. The transaction is expected to completed within next two weeks.
Abéo SA (ENXTPA : ABEO) Completed the acquisition of 70% stake in Bigairbag B.V. from Huting Company B.V. on July 12, 2022. Reported Earnings • Jun 23
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: €0.96 (up from €0.081 loss in FY 2021). Revenue: €205.3m (up 18% from FY 2021). Net income: €7.20m (up €7.81m from FY 2021). Profit margin: 3.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the industry in France. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 16
Abéo SA (ENXTPA : ABEO) entered into an agreement to acquire 70% stake in Bigairbag B.V. Abéo SA (ENXTPA : ABEO) entered into an agreement to acquire 70% stake in Bigairbag B.V. on June 15, 2022. The acquisition will be financed with equity by payment in cash for 64% and by payment in ABEO Shares for 36%. In 2021 Bigairbag B.V. achieved profitable turnover of €3 million. The transaction is expected to completed within next two weeks. Announcement • Jun 14
Abéo SA, Annual General Meeting, Jul 19, 2022 Abéo SA, Annual General Meeting, Jul 19, 2022. Announcement • May 18
Abéo SA to Report Fiscal Year 2022 Results on Jun 08, 2022 Abéo SA announced that they will report fiscal year 2022 results After-Market on Jun 08, 2022 Price Target Changed • Apr 27
Price target increased to €23.00 Up from €15.00, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €16.70. Stock is up 27% over the past year. The company is forecast to post earnings per share of €0.92 next year compared to a net loss per share of €0.081 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Marc-Olivier Strauss-Kahn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 17% share price gain to €15.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Leisure industry in Europe. Total loss to shareholders of 46% over the past three years. Reported Earnings • Dec 11
First half 2022 earnings: Revenues in line with analyst expectations First half 2022 results: Revenue: €95.6m (up 14% from 1H 2021). Net income: €3.14m (up €5.43m from 1H 2021). Profit margin: 3.3% (up from net loss in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 12% growth forecast for the industry in France. Price Target Changed • Jun 22
Price target increased to €15.00 Up from €13.50, the current price target is an average from 2 analysts. New target price is 6.0% below last closing price of €15.95. Stock is up 100% over the past year. Reported Earnings • Jun 22
Full year 2021 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: €174.0m (down 26% from FY 2020). Net loss: €611.0k (down 189% from profit in FY 2020). Price Target Changed • Jun 12
Price target increased to €14.35 Up from €13.00, the current price target is an average from 2 analysts. New target price is 9.5% above last closing price of €13.10. Stock is up 65% over the past year. Major Estimate Revision • Mar 03
Analysts lower EPS estimates to -€0.18 The 2021 consensus revenue estimate was lowered from €186.6m to €175.5m. The company is forecast to report a loss instead of a profit with analysts lowering their EPS forecasts from €0.10 to -€0.18 for the same period. The Leisure industry in France is expected to see an average net income growth of 15% next year. The consensus price target of €13.00 was unchanged from the last update. Share price is up 6.1% to €12.25 over the past week. Major Estimate Revision • Feb 20
Analysts increase EPS estimates to €0.10 The 2021 consensus revenue estimate increased from €179.3m to €186.6m. The company is forecast to report a profit instead of a loss, with analysts raising their EPS forecasts from -€0.12 to €0.10 for the same period. The Leisure industry in France is expected to see an average net income growth of 15% next year. The consensus price target of €13.00 was unchanged from the last update. Share price is up 11% to €11.80 over the past week. Announcement • Feb 09
Abéo SA, Annual General Meeting, Jul 20, 2021 Abéo SA, Annual General Meeting, Jul 20, 2021. Is New 90 Day High Low • Dec 15
New 90-day high: €9.50 The company is up 22% from its price of €7.76 on 15 September 2020. The French market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Leisure industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.94 per share. Major Estimate Revision • Dec 12
Analysts update estimates Analysts forecast the company to report a loss in 2021, lowering their consensus EPS forecasts from €0.074 to -€0.13. No change was made to the revenue estimate which at the last update was €182.0m. The Leisure industry in France is expected to see an average net income growth of 4.4% next year. The consensus price target increased from €9.85 to €11.50. Share price is up 3.4% to €9.12 over the past week. Price Target Changed • Dec 11
Price target raised to €11.50 Up from €10.35, the current price target is an average from 2 analysts. The new target price is 24% above the current share price of €9.30. As of last close, the stock is down 48% over the past year. Is New 90 Day High Low • Nov 27
New 90-day high: €8.60 The company is up 26% from its price of €6.80 on 28 August 2020. The French market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.10 per share. Major Estimate Revision • Nov 17
Analysts update estimates The 2021 consensus revenue estimate was lowered from €193.2m to €182.0m. Earnings per share (EPS) increased from €0.15 to €0.43 for the same period. Net income is expected to shrink by 412% next year compared to 1.5% decline forecast for the Leisure industry in France. The consensus price target was lowered from €10.35 to €9.85. Share price is up 1.1% to €7.38 over the past week. Announcement • Jun 20
Abéo SA to Report First Half, 2021 Results on Dec 09, 2020 Abéo SA announced that they will report first half, 2021 results on Dec 09, 2020