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DVT

DevoteamENXTPA:DVT Stock Report

Market Cap

€1.1b

7D

0.6%

1Y

33.1%

Updated

27 Sep, 2021

Data

Company Financials +
DVT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

DVT Overview

Devoteam SA, together with its subsidiaries, provides technology and management consulting solutions in France and internationally.

Devoteam Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Devoteam
Historical stock prices
Current Share Price€129.60
52 Week High€91.10
52 Week Low€134.00
Beta1.06
1 Month Change-0.31%
3 Month Change18.68%
1 Year Change33.06%
3 Year Change13.68%
5 Year Change160.50%
Change since IPO306.27%

Recent News & Updates

Shareholder Returns

DVTFR ITFR Market
7D0.6%0.6%1.4%
1Y33.1%20.9%35.8%

Return vs Industry: DVT exceeded the French IT industry which returned 23.7% over the past year.

Return vs Market: DVT underperformed the French Market which returned 39.2% over the past year.

Price Volatility

Is DVT's price volatile compared to industry and market?
DVT volatility
DVT Beta1.06
Industry Beta1.34
Market Beta1

Stable Share Price: DVT is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DVT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19957,623Godefroy de Bentzmannhttps://www.devoteam.com

Devoteam SA, together with its subsidiaries, provides technology and management consulting solutions in France and internationally. It offers cybersecurity, digital workplace, agile IT, transformation management, data as a service, customer experience, business process excellence services, as well as cloud solutions. The company was founded in 1995 and is headquartered in Levallois-Perret, France.

Devoteam Fundamentals Summary

How do Devoteam's earnings and revenue compare to its market cap?
DVT fundamental statistics
Market Cap€1.06b
Earnings (TTM)€50.45m
Revenue (TTM)€803.20m

21.1x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DVT income statement (TTM)
Revenue€803.20m
Cost of Revenue€682.50m
Gross Profit€120.71m
Expenses€70.26m
Earnings€50.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Mar 08, 2022

Earnings per share (EPS)6.16
Gross Margin15.03%
Net Profit Margin6.28%
Debt/Equity Ratio17.3%

How did DVT perform over the long term?

See historical performance and comparison

Valuation

Is Devoteam undervalued compared to its fair value and its price relative to the market?

18.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DVT (€129.6) is trading below our estimate of fair value (€158.14)

Significantly Below Fair Value: DVT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DVT is good value based on its PE Ratio (21.1x) compared to the French IT industry average (28x).

PE vs Market: DVT is poor value based on its PE Ratio (21.1x) compared to the French market (20.8x).


Price to Earnings Growth Ratio

PEG Ratio: DVT is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: DVT is overvalued based on its PB Ratio (5.1x) compared to the FR IT industry average (2.8x).


Future Growth

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

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DVT's forecast earnings growth (9.6% per year) is above the savings rate (0.4%).

Earnings vs Market: DVT's earnings (9.6% per year) are forecast to grow slower than the French market (12.1% per year).

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

Revenue vs Market: DVT's revenue (6.8% per year) is forecast to grow faster than the French market (6.3% per year).

High Growth Revenue: DVT's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DVT's Return on Equity is forecast to be low in 3 years time (18.8%).


Past Performance

How has Devoteam performed over the past 5 years?

20.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DVT has high quality earnings.

Growing Profit Margin: DVT's current net profit margins (6.3%) are higher than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: DVT's earnings have grown significantly by 20.2% per year over the past 5 years.

Accelerating Growth: DVT's earnings growth over the past year (25.1%) exceeds its 5-year average (20.2% per year).

Earnings vs Industry: DVT earnings growth over the past year (25.1%) exceeded the IT industry -4%.


Return on Equity

High ROE: DVT's Return on Equity (25.5%) is considered high.


Financial Health

How is Devoteam's financial position?


Financial Position Analysis

Short Term Liabilities: DVT's short term assets (€484.7M) exceed its short term liabilities (€427.4M).

Long Term Liabilities: DVT's short term assets (€484.7M) exceed its long term liabilities (€86.1M).


Debt to Equity History and Analysis

Debt Level: DVT's debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: DVT's debt to equity ratio has reduced from 25.1% to 17.3% over the past 5 years.

Debt Coverage: DVT's debt is well covered by operating cash flow (235.7%).

Interest Coverage: DVT's interest payments on its debt are well covered by EBIT (64.9x coverage).


Balance Sheet


Dividend

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

0.50%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DVT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DVT'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 DVT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DVT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DVT is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DVT'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?

5.1yrs

Average management tenure


CEO

Godefroy de Bentzmann

5yrs

Tenure

€1,436,528

Compensation

Mr. Godefroy de Bentzmann is Co-Founder of Devoteam S.A and serves as its Chief Executive Officer and Member of Management Board. Mr. de Bentzmann served as Co-Chief Executive Officer at Devoteam S.A since...


CEO Compensation Analysis

Compensation vs Market: Godefroy's total compensation ($USD1.68M) is above average for companies of similar size in the French market ($USD1.03M).

Compensation vs Earnings: Godefroy's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DVT's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: DVT's board of directors are seasoned and experienced ( 11.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Devoteam SA
  • Ticker: DVT
  • Exchange: ENXTPA
  • Founded: 1995
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €1.062b
  • Shares outstanding: 8.19m
  • Website: https://www.devoteam.com

Number of Employees


Location

  • Devoteam SA
  • 73, rue Anatole France
  • Levallois-perret
  • Ile-de-France
  • 92330
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:19
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.