Blockchain Group
Market Cap
€57.2m
Last Updated
2021/03/05 18:38 UTC
Data Sources
Company Financials
Executive Summary
The Blockchain Group develops and markets blockchain technologies in France and internationally. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Adequate balance sheet with questionable track record.
Share Price & News
How has Blockchain Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALTBG is more volatile than 90% of French stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: ALTBG's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of French stocks.
Market Performance
7 Day Return
1.9%
ALTBG
-2.1%
FR Software
0.9%
FR Market
1 Year Return
757.7%
ALTBG
23.7%
FR Software
13.7%
FR Market
Return vs Industry: ALTBG exceeded the French Software industry which returned 22% over the past year.
Return vs Market: ALTBG exceeded the French Market which returned 10.6% over the past year.
Shareholder returns
| ALTBG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | -2.1% | 0.9% |
| 30 Day | -8.7% | -1.0% | 2.6% |
| 90 Day | 34.2% | 10.4% | 2.9% |
| 1 Year | 757.7%757.7% | 24.3%23.7% | 16.3%13.7% |
| 3 Year | n/a | 55.2%52.6% | 21.3%10.3% |
| 5 Year | 127.6%75.6% | 151.0%142.7% | 62.3%37.1% |
Long-Term Price Volatility Vs. Market
How volatile is Blockchain Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
A Closer Look At The Blockchain Group's (EPA:ALTBG) Impressive ROE1 month ago | Simply Wall St
The Blockchain Group (EPA:ALTBG) Share Price Has Soared 530%, Delighting Many Shareholders2 months ago | Simply Wall St
Estimating The Intrinsic Value Of The Blockchain Group (EPA:ALTBG)Valuation
Is Blockchain Group undervalued compared to its fair value and its price relative to the market?
10.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALTBG (€1.84) is trading below our estimate of fair value (€2.07)
Significantly Below Fair Value: ALTBG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ALTBG is poor value based on its PE Ratio (26724.6x) compared to the FR Software industry average (63.7x).
PE vs Market: ALTBG is poor value based on its PE Ratio (26724.6x) compared to the French market (23.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ALTBG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ALTBG is overvalued based on its PB Ratio (301.7x) compared to the FR Software industry average (3.9x).
Next Steps
Future Growth
How is Blockchain Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.7%
Forecasted Software 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 Blockchain Group 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
- Examine Blockchain Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Blockchain Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Blockchain Group performed over the past 5 years?
44.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALTBG has a large one-off loss of €112.0K impacting its June 30 2020 financial results.
Growing Profit Margin: ALTBG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ALTBG has become profitable over the past 5 years, growing earnings by 44.7% per year.
Accelerating Growth: ALTBG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ALTBG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-13.8%).
Return on Equity
High ROE: ALTBG's Return on Equity (12.4%) is considered low.
Next Steps
Financial Health
How is Blockchain Group's financial position?
Financial Position Analysis
Short Term Liabilities: ALTBG's short term assets (€7.2M) exceed its short term liabilities (€7.0M).
Long Term Liabilities: ALTBG's short term assets (€7.2M) exceed its long term liabilities (€5.1M).
Debt to Equity History and Analysis
Debt Level: ALTBG's debt to equity ratio (291.5%) is considered high.
Reducing Debt: ALTBG's debt to equity ratio has increased from 17.6% to 291.5% over the past 5 years.
Debt Coverage: ALTBG's debt is well covered by operating cash flow (24%).
Interest Coverage: ALTBG's interest payments on its debt are well covered by EBIT (10x coverage).
Balance Sheet
Next Steps
Dividend
What is Blockchain Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALTBG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALTBG'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 ALTBG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALTBG'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 ALTBG'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?
2.8yrs
Average management tenure
CEO
Xavier Latil
2.75yrs
Tenure
Mr. Xavier Latil serves as Chief Executive Officer at The Blockchain Group since June 2018 and serves as its Managing Director and Director. Mr. Latil serves as the Chief Executive Officer at LeadMedia Gro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.75yrs | no data | no data | |
| Chief Financial Officer | no data | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Vice President of Marketing & Communication | 2.75yrs | no data | no data | |
| Managing Director | 2.08yrs | no data | no data |
2.8yrs
Average Tenure
Experienced Management: ALTBG's management team is considered experienced (2.8 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 been diluted in the past year, with total shares outstanding growing by 19.1%.
Top Shareholders
Company Information
The Blockchain Group's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Blockchain Group
- Ticker: ALTBG
- Exchange: ENXTPA
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Market Cap: €57.182m
- Shares outstanding: 31.25m
- Website: https://theblockchain-group.com
Number of Employees
Location
- The Blockchain Group
- 8 Rue Barthelemy Danjou
- Boulogne-Billancourt
- Ile-de-France
- 92100
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALTBG | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Jul 2011 |
| BC7 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jul 2011 |
Biography
The Blockchain Group develops and markets blockchain technologies in France and internationally. The company is based in Boulogne-Billancourt, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 18:38 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.