Prodware engages in the publishing-integration and hosting of sectoral and business IT solutions in France and internationally. More Details
Very undervalued with solid track record.
Share Price & News
How has Prodware's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALPRO is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ALPRO's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ALPRO underperformed the French IT industry which returned 12.3% over the past year.
Return vs Market: ALPRO exceeded the French Market which returned -0.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Prodware's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Investigate Prodware (EPA:ALPRO) At €5.32?
1 month ago | Simply Wall StHere's What To Make Of Prodware's (EPA:ALPRO) Returns On Capital
Is Prodware undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALPRO (€5.82) is trading below our estimate of fair value (€14.22)
Significantly Below Fair Value: ALPRO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALPRO is good value based on its PE Ratio (4.4x) compared to the FR IT industry average (20.1x).
PE vs Market: ALPRO is good value based on its PE Ratio (4.4x) compared to the French market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: ALPRO is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: ALPRO is good value based on its PB Ratio (0.3x) compared to the FR IT industry average (2x).
How is Prodware forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALPRO's forecast earnings growth (14.9% per year) is above the savings rate (0.6%).
Earnings vs Market: ALPRO's earnings (14.9% per year) are forecast to grow slower than the French market (25.5% per year).
High Growth Earnings: ALPRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALPRO's revenue (1.6% per year) is forecast to grow slower than the French market (7.3% per year).
High Growth Revenue: ALPRO's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALPRO's Return on Equity is forecast to be low in 3 years time (3.8%).
How has Prodware performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALPRO has high quality earnings.
Growing Profit Margin: ALPRO's current net profit margins (5.3%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: ALPRO's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: ALPRO's earnings growth over the past year (48%) exceeds its 5-year average (8.4% per year).
Earnings vs Industry: ALPRO earnings growth over the past year (48%) exceeded the IT industry -2.1%.
Return on Equity
High ROE: ALPRO's Return on Equity (6.4%) is considered low.
How is Prodware's financial position?
Financial Position Analysis
Short Term Liabilities: ALPRO's short term assets (€100.7M) exceed its short term liabilities (€100.7M).
Long Term Liabilities: ALPRO's short term assets (€100.7M) do not cover its long term liabilities (€110.4M).
Debt to Equity History and Analysis
Debt Level: ALPRO's debt to equity ratio (79%) is considered high.
Reducing Debt: ALPRO's debt to equity ratio has increased from 51.9% to 79% over the past 5 years.
Debt Coverage: ALPRO's debt is well covered by operating cash flow (48.7%).
Interest Coverage: ALPRO's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Prodware current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALPRO's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.44%).
High Dividend: ALPRO's dividend (0.69%) is low compared to the top 25% of dividend payers in the French market (4.78%).
Stability and Growth of Payments
Stable Dividend: ALPRO is not paying a notable dividend for the French market, therefore no need to check if payments are stable.
Growing Dividend: ALPRO is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ALPRO is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALPRO's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Alain Conrard has been the Chief Executive Officer and Director of Prodware since 2003 and also serves as its Managing Director.
CEO Compensation Analysis
Compensation vs Market: Alain's total compensation ($USD315.42K) is about average for companies of similar size in the French market ($USD268.83K).
Compensation vs Earnings: Alain's compensation has increased by more than 20% in the past year.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Prodware's company bio, employee growth, exchange listings and data sources
- Name: Prodware
- Ticker: ALPRO
- Exchange: ENXTPA
- Founded: 1989
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €42.287m
- Shares outstanding: 7.37m
- Website: https://www.prodware.fr
Number of Employees
- 45, quai de la Seine
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ALPRO||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Apr 2006|
Prodware engages in the publishing-integration and hosting of sectoral and business IT solutions in France and internationally. It offers software solutions for accounting and financial management, payroll...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 19:40|
|End of Day Share Price||2020/12/04 00:00|
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.