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ALTB

Blockchain Group ENXTPA:ALTBG Stock Report

Last Price

€0.80

Market Cap

€39.8m

7D

13.6%

1Y

-48.7%

Updated

26 Jun, 2022

Data

Company Financials
ALTBG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ALTBG Stock Overview

The Blockchain Group develops and markets blockchain technologies in France and internationally.

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (€40M)


Blockchain Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Blockchain Group
Historical stock prices
Current Share Price€0.80
52 Week High€1.82
52 Week Low€0.60
Beta2.5
1 Month Change-10.62%
3 Month Change-38.33%
1 Year Change-48.68%
3 Year Change288.05%
5 Year Change44.64%
Change since IPO-87.71%

Recent News & Updates

Shareholder Returns

ALTBGFR SoftwareFR Market
7D13.6%8.0%3.6%
1Y-48.7%-11.5%-11.3%

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

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

Price Volatility

Is ALTBG's price volatile compared to industry and market?
ALTBG volatility
ALTBG Average Weekly Movement10.6%
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: ALTBG is more volatile than 90% of French stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ALTBG's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of French stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a245Xavier Latilhttps://theblockchain-group.com

The Blockchain Group develops and markets blockchain technologies in France and internationally. The company is based in Boulogne-Billancourt, France.

Blockchain Group Fundamentals Summary

How do Blockchain Group's earnings and revenue compare to its market cap?
ALTBG fundamental statistics
Market Cap€39.76m
Earnings (TTM)-€516.00k
Revenue (TTM)€18.83m

2.1x

P/S Ratio

-77.1x

P/E Ratio

Is ALTBG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALTBG income statement (TTM)
Revenue€18.83m
Cost of Revenue€19.61m
Gross Profit-€777.00k
Other Expenses-€261.00k
Earnings-€516.00k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.01
Gross Margin-4.13%
Net Profit Margin-2.74%
Debt/Equity Ratio13.8%

How did ALTBG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 ALTBG?

Other financial metrics that can be useful for relative valuation.

ALTBG 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/Revenue2.2x
Enterprise Value/EBITDA-34.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ALTBG's PS Ratio compare to its peers?

ALTBG PS Ratio vs Peers
The above table shows the PS ratio for ALTBG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.1x

Price-To-Sales vs Peers: ALTBG is good value based on its Price-To-Sales Ratio (2.1x) compared to the peer average (2.1x).

Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: ALTBG is expensive based on its Price-To-Sales Ratio (2.1x) compared to the French Software industry average (1.9x)

Price to Sales Ratio vs Fair Ratio

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

ALTBG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ALTBG's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate ALTBG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ALTBG's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALTBG's PEG Ratio to determine if it is good value.

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Future Growth

How is Blockchain Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

15.0%

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.

Discover growth companies

  • 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.

Past Performance

How has Blockchain Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

73.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALTBG is currently unprofitable.

Growing Profit Margin: ALTBG is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ALTBG is unprofitable, but has reduced losses over the past 5 years at a rate of 73.5% per year.

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

Earnings vs Industry: ALTBG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (32.5%).

Return on Equity

High ROE: ALTBG has a negative Return on Equity (-1.66%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is Blockchain Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ALTBG's short term assets (€19.9M) exceed its short term liabilities (€17.2M).

Long Term Liabilities: ALTBG's short term assets (€19.9M) exceed its long term liabilities (€3.7M).

Debt to Equity History and Analysis

Debt Level: ALTBG's net debt to equity ratio (2.9%) is considered satisfactory.

Reducing Debt: ALTBG's debt to equity ratio has reduced from 77.9% to 13.8% 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: Insufficient data to determine if ALTBG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ALTBG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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Dividend

What is Blockchain Group 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

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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ALTBG has not reported any payouts.

Discover strong dividend paying companies

Management

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

3.3yrs

Average management tenure

CEO

Xavier Latil

4yrs

Tenure

Mr. Xavier Latil serves as Chief Executive Officer at The Blockchain Group since June 2018 and serves as its Chairman and Director and served as its Managing Director. Mr. Latil serves as the Chief Executi...

Leadership Team

Experienced Management: ALTBG's management team is considered experienced (3.3 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 been substantially diluted in the past year, with total shares outstanding growing by 53.6%.

Top Shareholders

Company Information

The Blockchain Group's employee growth, exchange listings and data sources

Key Information

  • Name: The Blockchain Group
  • Ticker: ALTBG
  • Exchange: ENXTPA
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: €39.762m
  • Shares outstanding: 49.98m
  • Website: https://theblockchain-group.com

Number of Employees

Location

  • The Blockchain Group
  • 8 Rue Barthelemy Danjou
  • Boulogne-Billancourt
  • Ile-de-France
  • 92100
  • 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.