ENXTPA:ALPDX

Stock Analysis Report

Executive Summary

Piscines Desjoyaux SA engages in the construction, renovation, and maintenance of swimming pools in France and internationally.

Rewards

PE ratio (13.6x) is below the French market (17.7x)

Earnings grew by 54.8% over the past year

Pays a reliable dividend of 4.36%

Risk Analysis

No risks detected for ALPDX from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALPDX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.8%

ALPDX

-0.9%

FR Leisure

1.2%

FR Market


1 Year Return

10.4%

ALPDX

-15.2%

FR Leisure

20.8%

FR Market

Return vs Industry: ALPDX exceeded the French Leisure industry which returned -15.2% over the past year.

Return vs Market: ALPDX underperformed the French Market which returned 20.8% over the past year.


Shareholder returns

ALPDXIndustryMarket
7 Day-0.8%-0.9%1.2%
30 Day-5.6%8.0%-0.7%
90 Day-6.4%4.9%3.6%
1 Year15.5%10.4%-13.6%-15.2%25.1%20.8%
3 Year38.0%21.7%-7.2%-11.0%41.1%27.4%
5 Year153.3%95.0%8.8%3.3%77.1%50.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Piscines Desjoyaux undervalued compared to its fair value and its price relative to the market?

13.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALPDX (€11.7) is trading above our estimate of fair value (€11.42)

Significantly Below Fair Value: ALPDX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALPDX is good value based on its PE Ratio (13.6x) compared to the Leisure industry average (15.2x).

PE vs Market: ALPDX is good value based on its PE Ratio (13.6x) compared to the French market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALPDX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALPDX is overvalued based on its PB Ratio (1.8x) compared to the FR Leisure industry average (1.5x).


Next Steps

Future Growth

How is Piscines Desjoyaux forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.0%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Piscines Desjoyaux has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Piscines Desjoyaux performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALPDX has high quality earnings.

Growing Profit Margin: ALPDX's current net profit margins (8%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: ALPDX's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: ALPDX's earnings growth over the past year (54.8%) exceeds its 5-year average (18.7% per year).

Earnings vs Industry: ALPDX earnings growth over the past year (54.8%) exceeded the Leisure industry 11.2%.


Return on Equity

High ROE: ALPDX's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Piscines Desjoyaux's financial position?


Financial Position Analysis

Short Term Liabilities: ALPDX's short term assets (€46.9M) exceed its short term liabilities (€25.2M).

Long Term Liabilities: ALPDX's short term assets (€46.9M) exceed its long term liabilities (€12.2M).


Debt to Equity History and Analysis

Debt Level: ALPDX's debt to equity ratio (27.4%) is considered satisfactory.

Reducing Debt: ALPDX's debt to equity ratio has reduced from 45.3% to 27.4% over the past 5 years.

Debt Coverage: ALPDX's debt is well covered by operating cash flow (83.4%).

Interest Coverage: ALPDX's interest payments on its debt are well covered by EBIT (122.1x coverage).


Balance Sheet

Inventory Level: ALPDX has a high level of physical assets or inventory.

Debt Coverage by Assets: ALPDX's debt is covered by short term assets (assets are 2.9x debt).


Next Steps

Dividend

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

4.36%

Current Dividend Yield


Dividend Yield vs Market

company4.4%marketbottom25%1.5%markettop25%4.6%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: ALPDX's dividend (4.36%) is higher than the bottom 25% of dividend payers in the French market (1.49%).

High Dividend: ALPDX's dividend (4.36%) is low compared to the top 25% of dividend payers in the French market (4.59%).


Stability and Growth of Payments

Stable Dividend: ALPDX's dividends per share have been stable in the past 10 years.

Growing Dividend: ALPDX's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.4%), ALPDX's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

€173k

CEO Compensation


CEO

Jean-Louis Desjoyaux 0

0yrs

Tenure

€173,204

Compensation

Mr. Jean-Louis Desjoyaux serves as the Chairman of the Board, Chief Executive Officer at Piscines Desjoyaux SA. and served its as a Managing Director. 


CEO Compensation Analysis

Compensation vs Market: Jean-Louis's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD320.27K).

Compensation vs Earnings: Jean-Louis's compensation has been consistent with company performance over the past year.


Insider Trading

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.


Management Team

  • Jean-Louis Desjoyaux

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €173.20k
  • Catherine Jandros

    Deputy CEO

    • Tenure: 0yrs
    • Compensation: €119.82k

Board Members

  • Jean-Louis Desjoyaux

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €173.20k
  • Catherine Jandros

    Deputy CEO

    • Tenure: 0yrs
    • Compensation: €119.82k
  • Nicolas Desjoyaux

    Director

    • Tenure: 0yrs
    • Compensation: €100.16k
  • Pierre Gerard

    Member of Statutory Auditors

    • Tenure: 0yrs
  • Michel Tamet

    Member of Statutory Auditors

    • Tenure: 0yrs

Company Information

Piscines Desjoyaux SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Piscines Desjoyaux SA
  • Ticker: ALPDX
  • Exchange: ENXTPA
  • Founded: 1966
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: €105.006m
  • Shares outstanding: 8.97m
  • Website: https://www.desjoyaux.com

Number of Employees


Location

  • Piscines Desjoyaux SA
  • 42 Avenue Benoît Fourneyron
  • BP 280, Cedex
  • La Fouillouse
  • Rhône-Alpes
  • 42486
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPDXENXTPA (Euronext Paris)YesOrdinary SharesFREURApr 1993

Biography

Piscines Desjoyaux SA engages in the construction, renovation, and maintenance of swimming pools in France and internationally. The company offers outdoor, in-ground, indoor, above ground, communal, and fl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 20:35
End of Day Share Price2019/12/11 00:00
Earnings2019/02/28
Annual Earnings2018/08/31


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.