ENXTPA:ALECO

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Ecomiam.Com operates stores that sells food products in France. More Details


Snowflake Analysis

High growth potential and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALECO is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: Insufficient data to determine ALECO's volatility change over the past year.


Market Performance


7 Day Return

-3.0%

ALECO

-1.0%

FR Consumer Retailing

0.9%

FR Market


1 Year Return

n/a

ALECO

-11.0%

FR Consumer Retailing

13.7%

FR Market

Return vs Industry: Insufficient data to determine how ALECO performed against the French Consumer Retailing industry.

Return vs Market: Insufficient data to determine how ALECO performed against the French Market.


Shareholder returns

ALECOIndustryMarket
7 Day-3.0%-1.0%0.9%
30 Day-11.8%0.8%2.6%
90 Day19.7%6.8%2.9%
1 Yearn/a-9.9%-11.0%16.3%13.7%
3 Yearn/a-17.2%-24.5%21.3%10.3%
5 Yearn/a-30.6%-41.5%62.3%37.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

42.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALECO (€16.4) is trading below our estimate of fair value (€28.47)

Significantly Below Fair Value: ALECO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALECO is poor value based on its PE Ratio (72.7x) compared to the XE Consumer Retailing industry average (21x).

PE vs Market: ALECO is poor value based on its PE Ratio (72.7x) compared to the French market (23.7x).


Price to Earnings Growth Ratio

PEG Ratio: ALECO is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: ALECO is overvalued based on its PB Ratio (208.6x) compared to the FR Consumer Retailing industry average (-0.2x).


Next Steps

Future Growth

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

38.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALECO's forecast earnings growth (38.3% per year) is above the savings rate (0.4%).

Earnings vs Market: ALECO's earnings (38.3% per year) are forecast to grow faster than the French market (22.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALECO's revenue (31.6% per year) is forecast to grow faster than the French market (7.2% per year).

High Growth Revenue: ALECO's revenue (31.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALECO's Return on Equity is forecast to be low in 3 years time (7.1%).


Next Steps

Past Performance

How has écomiam performed over the past 5 years?

39.6%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: ALECO has a high level of non-cash earnings.

Growing Profit Margin: ALECO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ALECO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: ALECO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ALECO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (-6.1%).


Return on Equity

High ROE: Whilst ALECO's Return on Equity (276.03%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is écomiam's financial position?


Financial Position Analysis

Short Term Liabilities: ALECO's short term assets (€5.7M) exceed its short term liabilities (€4.5M).

Long Term Liabilities: ALECO's short term assets (€5.7M) exceed its long term liabilities (€2.5M).


Debt to Equity History and Analysis

Debt Level: ALECO's debt to equity ratio (1066.9%) is considered high.

Reducing Debt: Insufficient data to determine if ALECO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ALECO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ALECO's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


Next Steps

Dividend

What is écomiam current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ALECO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALECO'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 ALECO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALECO'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 ALECO's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€120k

CEO Compensation


CEO

Daniel Sauvaget

0.50

Tenure

€120,226

Compensation

Mr. Daniel Sauvaget is the Founder of écomiam SA and has been its Chairman of the board and CEO since September 3, 2020 and serves as its Director and GM.


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD144.97K) is below average for companies of similar size in the French market ($USD269.18K).

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


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

Dilution of Shares: ALECO only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: écomiam SA
  • Ticker: ALECO
  • Exchange: ENXTPA
  • Founded: NaN
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: €55.460m
  • Shares outstanding: 3.38m
  • Website: https://www.ecomiam.com

Number of Employees


Location

  • écomiam SA
  • 161 route de Brest Zone de Gourvily
  • Quimper
  • Brittany
  • 29000
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
602DB (Deutsche Boerse AG)YesShare CapitalDEEUROct 2020
ALECOENXTPA (Euronext Paris)YesShare CapitalFREUROct 2020

Biography

Ecomiam.Com operates stores that sells food products in France. The company’s stores sell aperitifs, meats, fish and seafood products, vegetables and potato products, culinary aids, breads and pastries, de...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 20:21
End of Day Share Price2021/03/05 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.