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ALKA

KalrayENXTPA:ALKAL Stock Report

Last Price

€30.70

Market Cap

€179.0m

7D

3.4%

1Y

-22.9%

Updated

21 Jan, 2022

Data

Company Financials +
ALKAL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ALKAL Stock Overview

Kalray S.A. provides low-power and time-critical processor solutions in France.

Price History & Performance

Summary of all time highs, changes and price drops for Kalray
Historical stock prices
Current Share Price€30.70
52 Week High€49.20
52 Week Low€27.00
Beta1.4
1 Month Change-0.97%
3 Month Change-10.50%
1 Year Change-22.86%
3 Year Change78.49%
5 Year Changen/a
Change since IPO39.55%

Recent News & Updates

May 03
Is Kalray (EPA:ALKAL) Weighed On By Its Debt Load?

Is Kalray (EPA:ALKAL) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

ALKALFR SemiconductorFR Market
7D3.4%-7.3%-0.5%
1Y-22.9%19.6%22.6%

Return vs Industry: ALKAL underperformed the French Semiconductor industry which returned 18.6% over the past year.

Return vs Market: ALKAL underperformed the French Market which returned 23.7% over the past year.

Price Volatility

Is ALKAL's price volatile compared to industry and market?
ALKAL volatility
ALKAL Average Weekly Movement5.9%
Semiconductor Industry Average Movement5.5%
Market Average Movement4.5%
10% most volatile stocks in FR Market9.7%
10% least volatile stocks in FR Market2.5%

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

Volatility Over Time: ALKAL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a91Eric Baissushttps://www.kalrayinc.com

Kalray S.A. provides low-power and time-critical processor solutions in France. It offers massively parallel manycore array processors. The company also provides data center solutions, including Kalray Target Controller, a family of storage solutions offering an all-in-one system to build optimized NVMe-of just a bunch of flash; and TurboBoost, a solution to offload the encryption/decryption operations involved in secure communications.

Kalray Fundamentals Summary

How do Kalray's earnings and revenue compare to its market cap?
ALKAL fundamental statistics
Market Cap€178.99m
Earnings (TTM)-€14.15m
Revenue (TTM)€9.00m

19.9x

P/S Ratio

-12.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALKAL income statement (TTM)
Revenue€9.00m
Cost of Revenue€7.89m
Gross Profit€1.11m
Expenses€15.26m
Earnings-€14.15m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.43
Gross Margin12.35%
Net Profit Margin-157.25%
Debt/Equity Ratio42.0%

How did ALKAL perform over the long term?

See historical performance and comparison

Valuation

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

6.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ALKAL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ALKAL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ALKAL is unprofitable, so we can't compare its PE Ratio to the European Semiconductor industry average.

PE vs Market: ALKAL 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 ALKAL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALKAL is overvalued based on its PB Ratio (6.3x) compared to the FR Semiconductor industry average (3.7x).


Future Growth

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

102.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALKAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

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

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

Revenue vs Market: ALKAL's revenue (115.1% per year) is forecast to grow faster than the French market (6.2% per year).

High Growth Revenue: ALKAL's revenue (115.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALKAL is forecast to be unprofitable in 3 years.


Past Performance

How has Kalray performed over the past 5 years?

-12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALKAL is currently unprofitable.

Growing Profit Margin: ALKAL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALKAL is unprofitable, and losses have increased over the past 5 years at a rate of 12.8% per year.

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

Earnings vs Industry: ALKAL is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (100.8%).


Return on Equity

High ROE: ALKAL has a negative Return on Equity (-50.04%), as it is currently unprofitable.


Financial Health

How is Kalray's financial position?


Financial Position Analysis

Short Term Liabilities: ALKAL's short term assets (€22.3M) exceed its short term liabilities (€4.8M).

Long Term Liabilities: ALKAL's short term assets (€22.3M) exceed its long term liabilities (€14.5M).


Debt to Equity History and Analysis

Debt Level: ALKAL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ALKAL'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: ALKAL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ALKAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.9% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.5yrs

Average board tenure


CEO

Eric Baissus

8yrs

Tenure

Mr. Eric Baissus co-founded Open-Plug SA in 2002 and served as its President, Chief Executive Officer and Chief Technology Officer. Mr. Baissus has been Chief Executive Officer of Kalray S.A. since 2014 an...


Board Members

Experienced Board: ALKAL's board of directors are not considered experienced ( 1.5 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 diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

Kalray S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kalray S.A.
  • Ticker: ALKAL
  • Exchange: ENXTPA
  • Founded: NaN
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: €178.989m
  • Shares outstanding: 5.83m
  • Website: https://www.kalrayinc.com

Number of Employees


Location

  • Kalray S.A.
  • 180 avenue de l’Europe
  • Montbonnot Saint Martin
  • Rhône-Alpes
  • 38330
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:24
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
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.