Nacon S.A. designs and distributes gaming accessories in France and internationally.
No risks detected for NACON from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||€4.73|
|52 Week High||€4.53|
|52 Week Low||€8.50|
|1 Month Change||-8.69%|
|3 Month Change||-18.45%|
|1 Year Change||-28.12%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-17.31%|
Recent News & Updates
|NACON||FR Consumer Durables||FR Market|
Return vs Industry: NACON underperformed the French Consumer Durables industry which returned 5.2% over the past year.
Return vs Market: NACON underperformed the French Market which returned 40.1% over the past year.
Stable Share Price: NACON is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NACON's weekly volatility (4%) has been stable over the past year.
About the Company
Nacon S.A. designs and distributes gaming accessories in France and internationally. The company offers accessories, including headsets, microphones, controllers, racing wheels, gaming chairs, keyboards, mice, mats, audio accessories, and console accessories. It also develops and publishes video games in various categories, such as action-adventure, racing, sport, and simulation.
Nacon Fundamentals Summary
|NACON fundamental statistics|
Is NACON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NACON income statement (TTM)|
|Cost of Revenue||€84.95m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 29, 2021
|Earnings per share (EPS)||0.21|
|Net Profit Margin||10.29%|
How did NACON perform over the long term?See historical performance and comparison
Is Nacon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NACON (€4.73) is trading below our estimate of fair value (€7.93)
Significantly Below Fair Value: NACON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NACON is poor value based on its PE Ratio (22.2x) compared to the French Consumer Durables industry average (16.5x).
PE vs Market: NACON is poor value based on its PE Ratio (22.2x) compared to the French market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: NACON is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: NACON is good value based on its PB Ratio (1.9x) compared to the FR Consumer Durables industry average (2.7x).
How is Nacon forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NACON's forecast earnings growth (23.4% per year) is above the savings rate (0.4%).
Earnings vs Market: NACON's earnings (23.4% per year) are forecast to grow faster than the French market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NACON's revenue (12% per year) is forecast to grow faster than the French market (6.3% per year).
High Growth Revenue: NACON's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NACON's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Nacon performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NACON has high quality earnings.
Growing Profit Margin: NACON's current net profit margins (10.3%) are lower than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NACON's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare NACON's past year earnings growth to its 5-year average.
Earnings vs Industry: NACON earnings growth over the past year (19.6%) underperformed the Consumer Durables industry 34.3%.
Return on Equity
High ROE: NACON's Return on Equity (8.7%) is considered low.
How is Nacon's financial position?
Financial Position Analysis
Short Term Liabilities: NACON's short term assets (€184.0M) exceed its short term liabilities (€66.0M).
Long Term Liabilities: NACON's short term assets (€184.0M) exceed its long term liabilities (€41.0M).
Debt to Equity History and Analysis
Debt Level: NACON's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NACON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NACON's debt is well covered by operating cash flow (101.6%).
Interest Coverage: NACON's interest payments on its debt are well covered by EBIT (32.8x coverage).
What is Nacon current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NACON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NACON'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 NACON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NACON's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NACON's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alain Falc (61 yo)
Mr. Alain Falc serves as Chairman and Chief Executive Officer of Nacon S.A. since January 22, 2020. He served as the Chief Executive Officer of BigBen Interactive since July 2012. Mr. Falc serves as Chief...
CEO Compensation Analysis
Compensation vs Market: Alain's total compensation ($USD888.76K) is above average for companies of similar size in the French market ($USD501.32K).
Compensation vs Earnings: Alain's compensation has increased by more than 20% in the past year.
Experienced Board: NACON's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nacon S.A.'s employee growth, exchange listings and data sources
- Name: Nacon S.A.
- Ticker: NACON
- Exchange: ENXTPA
- Founded: 2019
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: €406.413m
- Shares outstanding: 85.92m
- Website: https://www.nacongaming.com
Number of Employees
- Nacon S.A.
- 396/466, Rue de la Voyette
- CRT 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 23:03|
|End of Day Share Price||2021/09/24 00:00|
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.