ENXTPA:ALDAR

Stock Analysis Report

Executive Summary

Damartex offers clothing and accessories for seniors primarily in France, Great-Britain, Belgium, and Switzerland.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • Damartex is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-12.0%

ENXTPA:ALDAR

-3.4%

FR Luxury

-0.8%

FR Market


1 Year Return

-46.9%

ENXTPA:ALDAR

11.3%

FR Luxury

-1.5%

FR Market

ALDAR underperformed the Luxury industry which returned 10.1% over the past year.

ALDAR underperformed the Market in France which returned -2.8% over the past year.


Share holder returns

ALDARIndustryMarket
7 Day-12.0%-3.4%-0.8%
30 Day-15.1%-8.2%-5.1%
90 Day-0.7%-0.3%-2.9%
1 Year-45.5%-46.9%13.3%11.3%1.8%-1.5%
3 Year-38.4%-42.2%103.8%92.7%39.1%25.5%
5 Year-8.0%-17.8%192.5%152.8%56.4%33.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Damartex's share price is below the future cash flow value, and at a moderate discount (> 20%).

Damartex's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Damartex is loss making, we can't compare its value to the FR Luxury industry average.

Damartex is loss making, we can't compare the value of its earnings to the France market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Damartex, we can't assess if its growth is good value.


Price Based on Value of Assets

Damartex is good value based on assets compared to the FR Luxury industry average.


Next Steps

Future Growth

How is Damartex expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

110.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Damartex's revenue is expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).

Damartex's earnings are expected to grow significantly at over 20% yearly.

Damartex's revenue growth is positive but not above the France market average.

Damartex's earnings growth is expected to exceed the France market average.

Damartex's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Damartex is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Damartex performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Damartex does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Damartex's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Damartex's 1-year growth to the FR Luxury industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Damartex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Damartex has efficiently used its assets last year compared to the FR Luxury industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Damartex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Damartex's financial position?


Financial Position Analysis

Damartex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Damartex's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Damartex's level of debt (34.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (10.2% vs 34.6% today).

Debt is well covered by operating cash flow (29.7%, greater than 20% of total debt).

Damartex is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.5x debt.


Next Steps

Dividend

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

1.95%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Damartex's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.61%).

Damartex's dividend is below the markets top 25% of dividend payers in France (4.67%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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


CEO

Patrick Seghin

10.8yrs

Tenure

€518,911

Compensation

Mr. Patrick Seghin has been President of the Executive Board of Damartex since 2008. Mr. Seghin served as President of Staples European Catalog of Staples, Inc. He was responsible for nine different delive ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tetsuo Nagasaki

    Managing Director of Japan Operations

  • Michel Leit

    Managing Director of Belgium Operations

    • Tenure: 16.3yrs
  • Patrick Seghin

    President of the Executive Board

    • Tenure: 10.8yrs
    • Compensation: 518.91k
  • Bruno Defache

    CFO & Member of the Executive Board


Board Members

  • Jean Despature

    Member of the Supervisory Board

    • Compensation: 2.40k
  • Gregoire Devienne

    Member of the Supervisory Board

  • Christian Watry

    Vice President of the Supervisory Board

  • Anthony Stahl (45yo)

    Member of the Supervisory Board

    • Compensation: 2.40k
  • Matthieu Despature

    Member of the Supervisory Board

  • Paule Cellard (64yo)

    Independent Member of the Supervisory Board

  • Nathalie Mesny

    Member of Supervisory Board

  • Jean Despature (41yo)

    President of the Supervisory Board

    • Compensation: 3.20k
  • Marie Bavarel-Despature (38yo)

    Member of the Supervisory Board

    • Tenure: 2.3yrs

Company Information

Damartex's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Damartex
  • Ticker: ALDAR
  • Exchange: ENXTPA
  • Founded: 1953
  • Industry: apparel, accessories and luxury goods
  • Sector: consumer durables
  • Market Cap: €102.793m
  • Shares outstanding: 7.04m
  • Website: Click here

Number of Employees


Location

  • Damartex
  • 160 boulevard of Fourmies
  • Roubaix
  • Nord-Pas-de-Calais
  • 59100
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALDARENXTPA (Euronext Paris)YesCommon StockFREURJul 2002

Biography

Damartex offers clothing and accessories for seniors primarily in France, Great-Britain, Belgium, and Switzerland. It offers its textile products under Damart, Afibel, Maison du Jersey, and Xandres brands; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 20:48
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.