| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ALTAN Stock Overview
Le Tanneur & Cie Société anonyme, together with its subsidiaries, creates, manufactures, distributes, and franchises leather goods under the Le Tanneur and Soco brands in France and internationally.
Le Tanneur & Cie Société anonyme Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €3.92 |
| 52 Week High | €4.32 |
| 52 Week Low | €3.00 |
| Beta | 0.67 |
| 1 Month Change | -7.11% |
| 3 Month Change | -4.39% |
| 1 Year Change | 15.29% |
| 3 Year Change | -1.01% |
| 5 Year Change | 61.98% |
| Change since IPO | -80.10% |
Recent News & Updates
Shareholder Returns
| ALTAN | FR Luxury | FR Market | |
|---|---|---|---|
| 7D | 0% | -4.7% | -4.0% |
| 1Y | 15.3% | -6.2% | -12.5% |
Return vs Industry: ALTAN exceeded the French Luxury industry which returned -6.2% over the past year.
Return vs Market: ALTAN exceeded the French Market which returned -12.5% over the past year.
Price Volatility
| ALTAN volatility | |
|---|---|
| ALTAN Average Weekly Movement | n/a |
| Luxury Industry Average Movement | 3.8% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in FR Market | 9.1% |
| 10% least volatile stocks in FR Market | 2.8% |
Stable Share Price: Insufficient data to determine ALTAN's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ALTAN's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1898 | 628 | Eric Dailey | https://www.letanneur.com |
Le Tanneur & Cie Société anonyme, together with its subsidiaries, creates, manufactures, distributes, and franchises leather goods under the Le Tanneur and Soco brands in France and internationally. The company offers bags, handbags, cross body bags, shoulder and shopping bags, pouches and belt bags, backpacks, travel bags, small leather goods, briefcases, wallets, card holders, toiletry bags, checkbook and paper holders, jewelry and watch cases, bracelets and belts, keyrings, leather gloves, cleaning products, and other accessories for men and women. It also provides leather goods for luxury houses.
Le Tanneur & Cie Société anonyme Fundamentals Summary
| ALTAN fundamental statistics | |
|---|---|
| Market Cap | €47.61m |
| Earnings (TTM) | -€1.61m |
| Revenue (TTM) | €59.72m |
0.8x
P/S Ratio-29.5x
P/E RatioIs ALTAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTAN income statement (TTM) | |
|---|---|
| Revenue | €59.72m |
| Cost of Revenue | €38.05m |
| Gross Profit | €21.67m |
| Other Expenses | €23.28m |
| Earnings | -€1.61m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.13 |
| Gross Margin | 36.29% |
| Net Profit Margin | -2.70% |
| Debt/Equity Ratio | 235.7% |
How did ALTAN perform over the long term?
See historical performance and comparisonValuation
Is ALTAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ALTAN?
Other financial metrics that can be useful for relative valuation.
| What is ALTAN's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €47.61m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 71.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does ALTAN's PS Ratio compare to its peers?
| ALTAN PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.2x | ||
DPT S.T. Dupont | 2x | n/a | €70.3m |
ALDAR Damartex | 0.2x | 3.4% | €111.6m |
GJAJ Groupe JAJ | 0.3x | n/a | €5.4m |
ALPER La Perla Fashion Holding | 6.5x | n/a | €475.1m |
ALTAN Le Tanneur & Cie Société anonyme | 0.8x | n/a | €47.6m |
Price-To-Sales vs Peers: ALTAN is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (2.2x).
Price to Earnings Ratio vs Industry
How does ALTAN's PE Ratio compare vs other companies in the European Luxury Industry?
Price-To-Sales vs Industry: ALTAN is expensive based on its Price-To-Sales Ratio (0.8x) compared to the European Luxury industry average (0.6x)
Price to Sales Ratio vs Fair Ratio
What is ALTAN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.8x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate ALTAN's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ALTAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ALTAN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ALTAN's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Le Tanneur & Cie Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.5%
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 Le Tanneur & Cie Société anonyme 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.
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- Examine Le Tanneur & Cie Société anonyme's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Le Tanneur & Cie Société anonyme competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Le Tanneur & Cie Société anonyme performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALTAN is currently unprofitable.
Growing Profit Margin: ALTAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ALTAN is unprofitable, and losses have increased over the past 5 years at a rate of 7.7% per year.
Accelerating Growth: Unable to compare ALTAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ALTAN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (32%).
Return on Equity
High ROE: ALTAN has a negative Return on Equity (-23.69%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Le Tanneur & Cie Société anonyme's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ALTAN's short term assets (€34.6M) exceed its short term liabilities (€17.9M).
Long Term Liabilities: ALTAN's short term assets (€34.6M) exceed its long term liabilities (€20.2M).
Debt to Equity History and Analysis
Debt Level: ALTAN's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: ALTAN's debt to equity ratio has reduced from 249.5% to 235.7% over the past 5 years.
Balance Sheet
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.
Stable Cash Runway: ALTAN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ALTAN has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 40% each year.
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Dividend
What is Le Tanneur & Cie Société anonyme current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
| Le Tanneur & Cie Société anonyme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Le Tanneur & Cie Société anonyme) | n/a |
| Market Bottom 25% (FR) | 2.0% |
| Market Top 25% (FR) | 6.1% |
| Industry Average (Luxury) | 1.8% |
| Analyst forecast in 3 Years (Le Tanneur & Cie Société anonyme) | n/a |
Notable Dividend: Unable to evaluate ALTAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALTAN'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 ALTAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALTAN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ALTAN has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average board tenure
CEO
Eric Dailey (60 yo)
5yrs
Tenure
€294,300
Compensation
Mr. Eric Dailey is the President and Chief Executive Officer at Tolomei Participations. Mr. Dailey has been Chief Executive Officer and Chairman of Le Tanneur & Cie since September 27, 2017.
CEO Compensation Analysis
| Eric Dailey's Compensation vs Le Tanneur & Cie Société anonyme Earnings |
|---|
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2021 | n/a | n/a | -€2m |
| Sep 30 2021 | n/a | n/a | -€2m |
| Jun 30 2021 | n/a | n/a | -€2m |
| Mar 31 2021 | n/a | n/a | -€2m |
| Dec 31 2020 | n/a | n/a | -€3m |
| Sep 30 2020 | n/a | n/a | -€4m |
| Jun 30 2020 | n/a | n/a | -€5m |
| Mar 31 2020 | n/a | n/a | -€4m |
| Dec 31 2019 | n/a | n/a | -€3m |
| Sep 30 2019 | n/a | n/a | -€3m |
| Jun 30 2019 | n/a | n/a | -€4m |
| Mar 31 2019 | n/a | n/a | -€4m |
| Dec 31 2018 | €294k | €294k | -€4m |
| Sep 30 2018 | n/a | n/a | -€3m |
| Jun 30 2018 | n/a | n/a | -€2m |
| Mar 31 2018 | n/a | n/a | -€2m |
| Dec 31 2017 | €581k | €150k | -€2m |
Compensation vs Market: Insufficient data to establish whether Eric's total compensation is reasonable compared to companies of similar size in the French market.
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: ALTAN's board of directors are considered experienced (5 years average tenure).
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
| Owner Type | Number of Shares | Ownership Percentage |
|---|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Company Information
Le Tanneur & Cie Société anonyme's employee growth, exchange listings and data sources
Key Information
- Name: Le Tanneur & Cie Société anonyme
- Ticker: ALTAN
- Exchange: ENXTPA
- Founded: 1898
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Implied Market Cap: €47.605m
- Shares outstanding: 12.14m
- Website: https://www.letanneur.com
Number of Employees
Location
- Le Tanneur & Cie Société anonyme
- 7 Rue Tronchet
- Paris
- Ile-de-France
- 75008
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALTAN | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Apr 2000 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/09/28 00:00 |
| End of Day Share Price | 2022/09/26 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.