ALAV

AudioValleyENXTPA:ALAVY Stock Report

Market Cap

€42.3m

7D

-6.6%

1Y

-20.1%

Updated

17 Sep, 2021

Data

Company Financials +
ALAVY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

ALAVY Overview

AudioValley SA engages in the digital audio business worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for AudioValley
Historical stock prices
Current Share Price€3.25
52 Week High€2.58
52 Week Low€4.44
Beta0.19
1 Month Change-6.34%
3 Month Change25.97%
1 Year Change-20.15%
3 Year Change-26.97%
5 Year Changen/a
Change since IPO-29.35%

Recent News & Updates

Apr 16
Is There An Opportunity With AudioValley SA's (EPA:ALAVY) 48% Undervaluation?

Is There An Opportunity With AudioValley SA's (EPA:ALAVY) 48% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of AudioValley SA...

Shareholder Returns

ALAVYFR Interactive Media and ServicesFR Market
7D-6.6%-1.2%-1.8%
1Y-20.1%7.9%32.8%

Return vs Industry: ALAVY underperformed the French Interactive Media and Services industry which returned 9.6% over the past year.

Return vs Market: ALAVY underperformed the French Market which returned 31.8% over the past year.

Price Volatility

Is ALAVY's price volatile compared to industry and market?
ALAVY volatility
ALAVY Beta0.19
Industry Beta0.52
Market Beta1

Stable Share Price: ALAVY is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ALAVY's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of French stocks.

About the Company

FoundedEmployeesCEOWebsite
2007110Alexandre Saboundjianhttps://www.audiovalley.com

AudioValley SA engages in the digital audio business worldwide. It operates Radionomy, a free platform that allows radio enthusiasts to broadcast, promote, and monetize their radio; Storever, an international agency offering instore solutions for brands covering music services, digital signage, interactive solutions, and audiovisual equipment for retail players; and Jamendo, an independent music community with thousands of artists sharing a catalogue of approximately 500,000 tracks to stream or download for free. The company was founded in 2007 and is headquartered in Anderlecht, Belgium.

AudioValley Fundamentals Summary

How do AudioValley's earnings and revenue compare to its market cap?
ALAVY fundamental statistics
Market Cap€42.29m
Earnings (TTM)-€4.83m
Revenue (TTM)€19.58m

2.2x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALAVY income statement (TTM)
Revenue€19.58m
Cost of Revenue€16.70m
Gross Profit€2.88m
Expenses€7.71m
Earnings-€4.83m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin14.73%
Net Profit Margin-24.66%
Debt/Equity Ratio104.4%

How did ALAVY perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALAVY (€3.25) is trading below our estimate of fair value (€13.01)

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


Price To Earnings Ratio

PE vs Industry: ALAVY is unprofitable, so we can't compare its PE Ratio to the European Interactive Media and Services industry average.

PE vs Market: ALAVY is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALAVY is overvalued based on its PB Ratio (2.6x) compared to the FR Interactive Media and Services industry average (2.1x).


Future Growth

How is AudioValley forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

66.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALAVY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: ALAVY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ALAVY's is expected to become profitable in the next 3 years.

Revenue vs Market: ALAVY's revenue (27.8% per year) is forecast to grow faster than the French market (6.2% per year).

High Growth Revenue: ALAVY's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALAVY's Return on Equity is forecast to be low in 3 years time (2.9%).


Past Performance

How has AudioValley performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALAVY is currently unprofitable.

Growing Profit Margin: ALAVY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALAVY is unprofitable, but has reduced losses over the past 5 years at a rate of 15.5% per year.

Accelerating Growth: Unable to compare ALAVY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALAVY is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (32.7%).


Return on Equity

High ROE: ALAVY has a negative Return on Equity (-29.82%), as it is currently unprofitable.


Financial Health

How is AudioValley's financial position?


Financial Position Analysis

Short Term Liabilities: ALAVY's short term assets (€12.4M) do not cover its short term liabilities (€19.0M).

Long Term Liabilities: ALAVY's short term assets (€12.4M) do not cover its long term liabilities (€14.0M).


Debt to Equity History and Analysis

Debt Level: ALAVY's debt to equity ratio (104.4%) is considered high.

Reducing Debt: Insufficient data to determine if ALAVY's debt to equity ratio has reduced 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: Insufficient data to determine if ALAVY has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ALAVY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ALAVY'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 ALAVY'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?

2.1yrs

Average management tenure


CEO

Alexandre Saboundjian

no data

Tenure

Mr. Alexandre Saboundjian serves as Chief Executive Officer at MusicMatic SAS. Mr. Saboundjian serves as Chairman of the board and Chief Executive Officer at Jamendo S.A. He serves as Founder and Chief Exe...


Leadership Team

Experienced Management: ALAVY's management team is considered experienced (2.1 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.2%.


Top Shareholders

Company Information

AudioValley SA's employee growth, exchange listings and data sources


Key Information

  • Name: AudioValley SA
  • Ticker: ALAVY
  • Exchange: ENXTPA
  • Founded: 2007
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: €42.289m
  • Shares outstanding: 13.01m
  • Website: https://www.audiovalley.com

Number of Employees


Location

  • AudioValley SA
  • Boulevard International
  • 55 Bâtiment K
  • Anderlecht
  • Brussels
  • 1070
  • Belgium

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:32
End of Day Share Price2021/09/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.