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ALES

Esker ENXTPA:ALESK Stock Report

Last Price

€128.00

Market Cap

€739.5m

7D

8.7%

1Y

-48.1%

Updated

26 Jun, 2022

Data

Company Financials +
ALESK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

ALESK Stock Overview

Esker SA provides SaaS-based document process automation solutions in France and internationally.

Rewards

Earnings are forecast to grow 18.68% per year

Earnings have grown 17% per year over the past 5 years

Risk Analysis

No risks detected for ALESK from our risk checks.

Esker Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Esker
Historical stock prices
Current Share Price€128.00
52 Week High€367.50
52 Week Low€109.40
Beta0.94
1 Month Change-12.63%
3 Month Change-24.71%
1 Year Change-48.07%
3 Year Change51.12%
5 Year Change141.51%
Change since IPO505.40%

Recent News & Updates

Shareholder Returns

ALESKFR SoftwareFR Market
7D8.7%8.0%3.6%
1Y-48.1%-11.5%-11.3%

Return vs Industry: ALESK underperformed the French Software industry which returned -11.5% over the past year.

Return vs Market: ALESK underperformed the French Market which returned -11.3% over the past year.

Price Volatility

Is ALESK's price volatile compared to industry and market?
ALESK volatility
ALESK Average Weekly Movement5.9%
Software Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in FR Market9.1%
10% least volatile stocks in FR Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
1985838Emmanuel Olivierhttps://www.esker.fr

Esker SA provides SaaS-based document process automation solutions in France and internationally. The company offers procure-to-pay solutions, which includes supplier and contract management, procurement, AP automation, expense management, and payment and supply chain financing; and order-to-cash solutions, such as order and credit management, invoice delivery, payment, and collections management, as well as cash app and deductions. It also provides document delivery solutions, including cloud fax and mail, e-invoicing, and esker EDI services.

Esker Fundamentals Summary

How do Esker's earnings and revenue compare to its market cap?
ALESK fundamental statistics
Market Cap€739.46m
Earnings (TTM)€14.28m
Revenue (TTM)€142.22m

51.8x

P/E Ratio

5.2x

P/S Ratio

Is ALESK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALESK income statement (TTM)
Revenue€142.22m
Cost of Revenue€86.12m
Gross Profit€56.10m
Other Expenses€41.82m
Earnings€14.28m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 12, 2022

Earnings per share (EPS)2.47
Gross Margin39.45%
Net Profit Margin10.04%
Debt/Equity Ratio0.8%

How did ALESK perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

20%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ALESK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALESK?

Other financial metrics that can be useful for relative valuation.

ALESK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5x
Enterprise Value/EBITDA36.3x
PEG Ratio2.8x

Price to Earnings Ratio vs Peers

How does ALESK's PE Ratio compare to its peers?

ALESK PE Ratio vs Peers
The above table shows the PE ratio for ALESK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.6x

Price-To-Earnings vs Peers: ALESK is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the peer average (32.6x).

Price to Earnings Ratio vs Industry

How does ALESK's PE Ratio compare vs other companies in the Software Industry?

Price-To-Earnings vs Industry: ALESK is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the French Software industry average (36x)

Price to Earnings Ratio vs Fair Ratio

What is ALESK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALESK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.8x
Fair PE Ratio29x

Price-To-Earnings vs Fair Ratio: ALESK is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the estimated Fair Price-To-Earnings Ratio (29x).

Share Price vs Fair Value

What is the Fair Price of ALESK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALESK (€128) is trading above our estimate of fair value (€110.42)

Significantly Below Fair Value: ALESK is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: ALESK is poor value based on its PEG Ratio (2.8x)

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Future Growth

How is Esker forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

18.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALESK's forecast earnings growth (18.7% per year) is above the savings rate (0.3%).

Earnings vs Market: ALESK's earnings (18.7% per year) are forecast to grow faster than the French market (11.7% per year).

High Growth Earnings: ALESK's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALESK's revenue (14.4% per year) is forecast to grow faster than the French market (5.9% per year).

High Growth Revenue: ALESK's revenue (14.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ALESK's Return on Equity is forecast to be high in 3 years time (20.3%)

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Past Performance

How has Esker performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALESK has high quality earnings.

Growing Profit Margin: ALESK's current net profit margins (10%) are higher than last year (9.6%).

Past Earnings Growth Analysis

Earnings Trend: ALESK's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: ALESK's earnings growth over the past year (23.5%) exceeds its 5-year average (17% per year).

Earnings vs Industry: ALESK earnings growth over the past year (23.5%) underperformed the Software industry 32.5%.

Return on Equity

High ROE: ALESK's Return on Equity (17.8%) is considered low.

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Financial Health

How is Esker's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALESK's short term assets (€71.5M) exceed its short term liabilities (€33.0M).

Long Term Liabilities: ALESK's short term assets (€71.5M) exceed its long term liabilities (€15.3M).

Debt to Equity History and Analysis

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

Reducing Debt: ALESK's debt to equity ratio has reduced from 14.5% to 0.8% over the past 5 years.

Debt Coverage: ALESK's debt is well covered by operating cash flow (4237.1%).

Interest Coverage: ALESK earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

0.39%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ALESK's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.8%).

High Dividend: ALESK's dividend (0.39%) is low compared to the top 25% of dividend payers in the French market (5.42%).

Stability and Growth of Payments

Stable Dividend: ALESK is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: ALESK is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: ALESK is not paying a notable dividend for the French market.

Cash Payout to Shareholders

Cash Flow Coverage: ALESK is not paying a notable dividend for the French market.

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Management

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

19.4yrs

Average management tenure

CEO

Emmanuel Olivier (53 yo)

19.42yrs

Tenure

€915,556

Compensation

Mr. Emmanuel Olivier is the Chief Executive Officer at Esker SA and was its Chief Operating Officer since 2003. Mr. Olivier has been Worldwide Chief Operating Officer of Esker Inc. since 2003. He served as...

CEO Compensation Analysis

Compensation vs Market: Emmanuel's total compensation ($USD965.78K) is above average for companies of similar size in the French market ($USD544.69K).

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

Leadership Team

Experienced Management: ALESK's management team is seasoned and experienced (19.4 years average tenure).

Board Members

Experienced Board: ALESK's board of directors are considered experienced (5.4 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

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

Key Information

  • Name: Esker SA
  • Ticker: ALESK
  • Exchange: ENXTPA
  • Founded: 1985
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: €739.460m
  • Shares outstanding: 5.78m
  • Website: https://www.esker.fr

Number of Employees

Location

  • Esker SA
  • 113 Boulevard de Stalingrad
  • Villeurbanne
  • Lyon
  • Rhône-Alpes
  • 69100
  • France

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.