Claranova
Market Cap
€232.3m
Last Updated
2020/08/06 22:17 UTC
Data Sources
Company Financials +
Executive Summary
Claranova S.E. engages in the digital printing, management of the Internet of Things, and e-commerce businesses in the Unites States, the United Kingdom, Germany, France, other European countries, and internationally.
Rewards
Risk Analysis
No risks detected for CLA from our risk checks.
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Claranova's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
12.4%
CLA
-0.9%
FR Software
0.5%
FR Market
1 Year Return
-30.7%
CLA
14.2%
FR Software
-6.0%
FR Market
Return vs Industry: CLA underperformed the French Software industry which returned 17.2% over the past year.
Return vs Market: CLA underperformed the French Market which returned -3.1% over the past year.
Shareholder returns
| CLA | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.4% | -0.9% | 0.5% |
| 30 Day | 9.0% | -2.2% | -3.2% |
| 90 Day | -1.4% | 8.2% | 6.9% |
| 1 Year | -30.7%-30.7% | 14.8%14.2% | -4.0%-6.0% |
| 3 Year | 42.4%42.4% | 76.5%73.2% | 9.6%0.1% |
| 5 Year | 393.8%393.8% | 124.7%117.3% | 24.1%6.9% |
Price Volatility Vs. Market
How volatile is Claranova's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
Claranova SE (EPA:CLA) Shares Could Be 46% Below Their Intrinsic Value Estimate2 months ago | Simply Wall St
Shareholders Are Thrilled That The Claranova (EPA:CLA) Share Price Increased 180%4 months ago | Simply Wall St
Here's What We Think About Claranova SE's (EPA:CLA) CEO PayValuation
Is Claranova undervalued compared to its fair value and its price relative to the market?
40.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLA (€5.93) is trading below our estimate of fair value (€9.93)
Significantly Below Fair Value: CLA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLA is unprofitable, so we can't compare its PE Ratio to the FR Software industry average.
PE vs Market: CLA is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLA is overvalued based on its PB Ratio (4.2x) compared to the FR Software industry average (2.2x).
Next Steps
Future Growth
How is Claranova forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
117.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).
Earnings vs Market: CLA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CLA's is expected to become profitable in the next 3 years.
Revenue vs Market: CLA's revenue (15.9% per year) is forecast to grow faster than the French market (6.1% per year).
High Growth Revenue: CLA's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLA's Return on Equity is forecast to be low in 3 years time (19.3%).
Next Steps
Past Performance
How has Claranova performed over the past 5 years?
-10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLA is currently unprofitable.
Growing Profit Margin: CLA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLA is unprofitable, and losses have increased over the past 5 years at a rate of 10.7% per year.
Accelerating Growth: Unable to compare CLA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-3.2%).
Return on Equity
High ROE: CLA has a negative Return on Equity (-61.94%), as it is currently unprofitable.
Next Steps
Financial Health
How is Claranova's financial position?
Financial Position Analysis
Short Term Liabilities: CLA's short term assets (€128.5M) exceed its short term liabilities (€90.4M).
Long Term Liabilities: CLA's short term assets (€128.5M) exceed its long term liabilities (€67.4M).
Debt to Equity History and Analysis
Debt Level: CLA's debt to equity ratio (95.2%) is considered high.
Reducing Debt: CLA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable CLA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.6% per year.
Next Steps
Dividend
What is Claranova current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLA'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 CLA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLA'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 CLA'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?
4.5yrs
Average management tenure
CEO
Pierre Cesarini (58 yo)
7.25yrs
Tenure
€2,732,208
Compensation
Mr. Pierre Cesarini serves as the President of Navendis Sarl. Mr. Cesarini has been Group Chief Executive Officer of Claranova S.A. since May 14, 2013 and has been its Chairman of the Management Board sinc ...
CEO Compensation Analysis
Compensation vs Market: Pierre's total compensation ($USD3.24M) is above average for companies of similar size in the French market ($USD507.76K).
Compensation vs Earnings: Pierre's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 7.25yrs | €2.73m | no data | |
| Executive VP & Member of Management Board | 4.58yrs | €591.90k | no data | |
| Group Chief Financial Officer | 0.17yr | no data | no data | |
| Member of Management Board. President of PlanetArt & President of Avanquest Software - North America | 4.5yrs | no data | no data | |
| Member of Management Board | 4.5yrs | no data | no data | |
| Head of MyDevices & Member of Management Board | 4.5yrs | no data | no data | |
| E-Commerce Business Unit Director & Member of Management Board | 4.5yrs | no data | no data | |
| Director of On-Line Business & Member of Management Board | 4.5yrs | no data | no data | |
| Managing Director of Korea | 15.42yrs | no data | no data | |
| 10.58yrs | no data | no data |
4.5yrs
Average Tenure
51.5yo
Average Age
Experienced Management: CLA's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 7.25yrs | €2.73m | no data | |
| Director | 0.083yr | no data | no data | |
| Independent Vice-Chairwoman of the Board | 1.25yrs | €44.00k | no data | |
| Independent Vice-Chairwoman of the Board | no data | €44.00k | no data | |
| Independent Director | 4.17yrs | €36.00k | no data | |
| Director | 0.083yr | no data | no data | |
| Director | 0.083yr | no data | no data |
0.7yrs
Average Tenure
58yo
Average Age
Experienced Board: CLA's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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
Claranova SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Claranova SE
- Ticker: CLA
- Exchange: ENXTPA
- Founded: 1984
- Industry: Application Software
- Sector: Software
- Market Cap: €232.264m
- Shares outstanding: 39.20m
- Website: https://www.claranova.com
Number of Employees
Location
- Claranova SE
- 89-91 Boulevard National
- Immeuble Vision Défense
- La Garenne-Colombes
- Ile-de-France
- 92250
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLA | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Dec 1996 |
| 0N6K | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Dec 1996 |
| BV51 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 1996 |
| CLAP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Dec 1996 |
Biography
Claranova S.E. engages in the digital printing, management of the Internet of Things, and e-commerce businesses in the Unites States, the United Kingdom, Germany, France, other European countries, and inte ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/06 22:17 |
| End of Day Share Price | 2020/08/06 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.