| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
LOCAL Overview
Solocal Group S.A. provides digital services in France and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.80 |
| 52 Week High | €1.45 |
| 52 Week Low | €3.68 |
| Beta | 1.86 |
| 1 Month Change | 8.55% |
| 3 Month Change | -6.55% |
| 1 Year Change | -40.15% |
| 3 Year Change | -96.41% |
| 5 Year Change | -97.65% |
| Change since IPO | -99.98% |
Recent News & Updates
Shareholder Returns
| LOCAL | FR Interactive Media and Services | FR Market | |
|---|---|---|---|
| 7D | 11.4% | -2.0% | 0.7% |
| 1Y | -40.2% | 11.7% | 40.1% |
Return vs Industry: LOCAL underperformed the French Interactive Media and Services industry which returned 11.7% over the past year.
Return vs Market: LOCAL underperformed the French Market which returned 40.1% over the past year.
Price Volatility
| LOCAL volatility | |
|---|---|
| LOCAL Beta | 1.86 |
| Industry Beta | 0.52 |
| Market Beta | 1 |
Stable Share Price: LOCAL is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: LOCAL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of French stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1896 | 2,813 | Herve Milcent | https://www.solocal.com |
Solocal Group S.A. provides digital services in France and internationally. Its services include connect that allows VSEs and SMEs to manage their digital presence on PagesJaunes and various Web through mobile application, or a web interface, as well as manages interactions between professionals and their customers; and booster that allows companies to increase their digital visibility in the Web. The company was formerly known as PagesJaunes Groupe and changed its name to SoLocal Group S.A. in June 2013.
Solocal Group Fundamentals Summary
| LOCAL fundamental statistics | |
|---|---|
| Market Cap | €219.09m |
| Earnings (TTM) | €42.84m |
| Revenue (TTM) | €422.11m |
5.4x
P/E Ratio0.6x
P/S RatioIs LOCAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LOCAL income statement (TTM) | |
|---|---|
| Revenue | €422.11m |
| Cost of Revenue | €202.45m |
| Gross Profit | €219.66m |
| Expenses | €176.82m |
| Earnings | €42.84m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.33 |
| Gross Margin | 52.04% |
| Net Profit Margin | 10.15% |
| Debt/Equity Ratio | -92.9% |
How did LOCAL perform over the long term?
See historical performance and comparisonValuation
Is Solocal Group 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: LOCAL (€1.8) is trading below our estimate of fair value (€10.24)
Significantly Below Fair Value: LOCAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LOCAL is good value based on its PE Ratio (5.4x) compared to the European Interactive Media and Services industry average (37.7x).
PE vs Market: LOCAL is good value based on its PE Ratio (5.4x) compared to the French market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: LOCAL is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: LOCAL has negative assets, so we can't compare its PB Ratio to the FR Interactive Media and Services industry average.
Future Growth
How is Solocal Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
19.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOCAL's forecast earnings growth (19.8% per year) is above the savings rate (0.4%).
Earnings vs Market: LOCAL's earnings (19.8% per year) are forecast to grow faster than the French market (11.7% per year).
High Growth Earnings: LOCAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: LOCAL's revenue (6.7% per year) is forecast to grow faster than the French market (6.3% per year).
High Growth Revenue: LOCAL's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LOCAL's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Solocal Group performed over the past 5 years?
-33.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOCAL has a large one-off gain of €56.9M impacting its June 30 2021 financial results.
Growing Profit Margin: LOCAL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: LOCAL's earnings have declined by 33% per year over the past 5 years.
Accelerating Growth: LOCAL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LOCAL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (25.9%).
Return on Equity
High ROE: LOCAL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is Solocal Group's financial position?
Financial Position Analysis
Short Term Liabilities: LOCAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LOCAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LOCAL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LOCAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LOCAL's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: LOCAL's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Dividend
What is Solocal Group current dividend yield, its reliability and sustainability?
1.11%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LOCAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LOCAL'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 LOCAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LOCAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LOCAL is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LOCAL'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?
2.7yrs
Average management tenure
CEO
Herve Milcent (58 yo)
0.42
Tenure
Mr. Herve Milcent served as Chief Executive Officer of FSM, Germany Group and Italy Group at Teleperformance SE until March 2021. Mr. Milcent serves as Chief Executive Officer of Lyreco SA. Mr. Milcent ser...
Leadership Team
Experienced Management: LOCAL's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: LOCAL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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 substantially diluted in the past year, with total shares outstanding growing by 754.9%.
Top Shareholders
Company Information
Solocal Group S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Solocal Group S.A.
- Ticker: LOCAL
- Exchange: ENXTPA
- Founded: 1896
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: €219.090m
- Shares outstanding: 129.56m
- Website: https://www.solocal.com
Number of Employees
Location
- Solocal Group S.A.
- 204 rond-point du Pont de SEvres
- Cedex
- Boulogne-Billancourt
- Ile-de-France
- 92100
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/24 17:51 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.