Tronic's Microsystems
Market Cap
€29.3m
Last Updated
2020/10/30 21:16 UTC
Data Sources
Company Financials
Executive Summary
Tronic's Microsystems SA manufactures and sells MEMS devices for various applications in France and internationally. More Details
Risk Analysis
Snowflake Analysis
Weak fundamentals or lack of information.
Share Price & News
How has Tronic's Microsystems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALTRO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
ALTRO
-8.0%
FR Semiconductor
-6.0%
FR Market
1 Year Return
32.5%
ALTRO
24.3%
FR Semiconductor
-15.5%
FR Market
Return vs Industry: ALTRO exceeded the French Semiconductor industry which returned 28.1% over the past year.
Return vs Market: ALTRO exceeded the French Market which returned -13.9% over the past year.
Shareholder returns
| ALTRO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -8.0% | -6.0% |
| 30 Day | 44.5% | -0.4% | -3.2% |
| 90 Day | 0% | 11.4% | -1.6% |
| 1 Year | 32.5%32.5% | 25.1%24.3% | -13.7%-15.5% |
| 3 Year | -39.8%-39.8% | 28.6%25.0% | -2.4%-10.6% |
| 5 Year | -27.1%-27.1% | 154.3%119.9% | 22.5%4.6% |
Price Volatility Vs. Market
How volatile is Tronic's Microsystems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Does Tronic's Microsystems' (EPA:ALTRO) CEO Pay Reveal?5 months ago | Simply Wall St
How Should Investors Feel About Tronic's Microsystems SA's (EPA:ALTRO) CEO Pay?7 months ago | Simply Wall St
Such Is Life: How Tronic's Microsystems (EPA:ALTRO) Shareholders Saw Their Shares Drop 60%Valuation
Is Tronic's Microsystems undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Tronic's Microsystems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Tronic's Microsystems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of ALTRO's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Tronic's Microsystems regulatory filings.
- Explore potentially undervalued companies in the Semiconductors industry.
Future Growth
How is Tronic's Microsystems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.8%
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tronic's Microsystems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of ALTRO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Tronic's Microsystems competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has Tronic's Microsystems performed over the past 5 years?
-32.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALTRO is currently unprofitable.
Growing Profit Margin: ALTRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ALTRO is unprofitable, and losses have increased over the past 5 years at a rate of 32.3% per year.
Accelerating Growth: Unable to compare ALTRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ALTRO is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-30.5%).
Return on Equity
High ROE: ALTRO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Tronic's Microsystems's financial position?
Financial Position Analysis
Short Term Liabilities: ALTRO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ALTRO 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: ALTRO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ALTRO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ALTRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALTRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.5% each year
Next Steps
Dividend
What is Tronic's Microsystems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALTRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALTRO'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 ALTRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALTRO'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 ALTRO'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?
2.3yrs
Average management tenure
CEO
Julien Bon
3.17yrs
Tenure
€108,571
Compensation
Mr. Julien Bon serves as President of Executive Board and Chief Executive Officer at Tronics Microsystems S.A since August 24, 2017. Mr. Bon served as Head of Engineering at Tronics Microsystems S.A. Mr. B ...
CEO Compensation Analysis
Compensation vs Market: Julien's total compensation ($USD126.52K) is below average for companies of similar size in the French market ($USD310.17K).
Compensation vs Earnings: Julien's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of Executive Board & CEO | 3.17yrs | €108.57k | no data | |
| CTO & Member of Executive Board | 2.33yrs | €102.93k | no data | |
| Chief Financial Officer | 3yrs | no data | no data | |
| Director of Business Development | no data | no data | no data | |
| Head Corporate Marketing | 2yrs | no data | no data | |
| CEO of Dallas Operations | no data | no data | no data | |
| Chief Operating Officer of Dallas Operations | no data | no data | no data | |
| Sales Marketing Manager | 2yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: ALTRO's management team is considered experienced (2.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tronic's Microsystems SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tronic's Microsystems SA
- Ticker: ALTRO
- Exchange: ENXTPA
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: €29.301m
- Shares outstanding: 3.69m
- Website: https://www.tronicsgroup.com
Number of Employees
Location
- Tronic's Microsystems SA
- 98 rue du Pré de l’Horme
- Cedex
- Crolles
- Rhône-Alpes
- 38926
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALTRO | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Feb 2015 |
Biography
Tronic's Microsystems SA manufactures and sells MEMS devices for various applications in France and internationally. It provides custom and standard products primarily to the industrial, aeronautics, secur ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 21:16 |
| End of Day Share Price | 2020/10/15 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.