ENXTPA:KEY

Stock Analysis Report

Executive Summary

Keyrus S.A. provides consulting, solutions integration, and performance management services worldwide.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Keyrus's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KEY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.6%

KEY

-2.1%

FR IT

-4.5%

FR Market


1 Year Return

-63.7%

KEY

-23.3%

FR IT

-21.8%

FR Market

Return vs Industry: KEY underperformed the French IT industry which returned -23.3% over the past year.

Return vs Market: KEY underperformed the French Market which returned -21.8% over the past year.


Shareholder returns

KEYIndustryMarket
7 Day-11.6%-2.1%-4.5%
30 Day-33.2%-22.0%-20.0%
90 Day-43.4%-26.9%-28.2%
1 Year-63.7%-63.7%-18.8%-23.3%-19.0%-21.8%
3 Year-54.5%-54.5%-3.4%-14.3%-2.5%-11.6%
5 Year12.1%12.1%47.2%28.3%7.0%-10.1%

Price Volatility Vs. Market

How volatile is Keyrus's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KEY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KEY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KEY is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: KEY 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 KEY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KEY is good value based on its PB Ratio (0.5x) compared to the FR IT industry average (1.5x).


Next Steps

Future Growth

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

15.2%

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 Keyrus 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

Past Performance

How has Keyrus performed over the past 5 years?

14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEY is currently unprofitable.

Growing Profit Margin: KEY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KEY is unprofitable, but has reduced losses over the past 5 years at a rate of 14.9% per year.

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

Earnings vs Industry: KEY is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (9%).


Return on Equity

High ROE: KEY has a negative Return on Equity (-1.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Keyrus's financial position?


Financial Position Analysis

Short Term Liabilities: KEY's short term assets (€127.3M) do not cover its short term liabilities (€143.4M).

Long Term Liabilities: KEY's short term assets (€127.3M) exceed its long term liabilities (€69.3M).


Debt to Equity History and Analysis

Debt Level: KEY's debt to equity ratio (120.9%) is considered high.

Reducing Debt: KEY's debt to equity ratio has increased from 113.3% to 120.9% over the past 5 years.


Balance Sheet

Inventory Level: KEY has a low level of unsold assets or inventory.

Debt Coverage by Assets: KEY's debt is covered by short term assets (assets are 2.1x debt).


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: KEY has been profitable on average in the past, therefore cash runway is not a concern.

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


Next Steps

Dividend

What is Keyrus's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KEY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KEY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KEY'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 KEY'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?

3.2yrs

Average management tenure


CEO

Eric Cohen

no data

Tenure

€634,200

Compensation

Mr. Eric Cohen serves as Chief Executive Officer and President at Keyrus Management S.A. Mr. Cohen founded Keyrus Société Anonyme in 1996 and serves as its Chairman of the Board, Chief Executive Officer an ...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD689.87K) is above average for companies of similar size in the French market ($USD318.36K).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Eric Cohen
Founderno data€634.20k63.45% 16.8m
Rebecca Meimoun
Director of Legal Affairs & Human Resources and Director2.92yrs€166.82kno data
Johann Temim
Chief Financial Officerno datano datano data
Olivier Fevry
Group Chief Information & Transformation Officer2.25yrsno datano data
Jean-Eudes Oumier
Chief Marketing Officer3.17yrsno datano data
Marc Stukkens
Executive Vice President of Keyrus Group4.42yrsno datano data
Christophe Severs
Senior Vice President of Solutions & Services Strategy4.42yrsno datano data
Stephan Samouilhan
Senior Vice President of Keyrus Digital2.25yrsno datano data
Nicolas Marvin
Head of Big Data & Analyticsno datano datano data
Laure Arnold
Deputy Managing Director of Absys Cyborgno datano datano data

3.2yrs

Average Tenure

Experienced Management: KEY's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Cohen
Founderno data€634.20k63.45% 16.8m
Rebecca Meimoun
Director of Legal Affairs & Human Resources and Director2.92yrs€166.82kno data
Philippe Lansade
Independent Director2.92yrs€25.20kno data
Claude Benmussa
Independent Director3.92yrs€30.20kno data
Laetitia Adjadj
Director2.92yrs€15.20kno data

2.9yrs

Average Tenure

Experienced Board: KEY's board of directors are not considered experienced ( 2.9 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

Keyrus S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Keyrus S.A.
  • Ticker: KEY
  • Exchange: ENXTPA
  • Founded: 1996
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €26.404m
  • Shares outstanding: 15.81m
  • Website: https://www.keyrus.com

Number of Employees


Location

  • Keyrus S.A.
  • 155 rue Anatole France
  • Cedex
  • Levallois-Perret
  • Ile-de-France
  • 92593
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KEYENXTPA (Euronext Paris)YesOrdinary SharesFREURJul 2000
KEYPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJul 2000
0NCFLSE (London Stock Exchange)YesOrdinary SharesGBEURJul 2000

Biography

Keyrus S.A. provides consulting, solutions integration, and performance management services worldwide. It offers management and transformation services, such as strategy and innovation, digital transformation, performance management, and project support service; and data intelligence services, including business intelligence, information management, big data analytics, enterprise performance management, and externalization and training services. The company also provides digital experience services comprising digital marketing and customer relationship management, digital commerce, and digital performance services, as well as innovation and digital strategy, and user experience solutions. It serves insurance, automobile, retail banking, energy and utilities, finance and investment, pharmaceutical, social welfare, retail, and telecommunications sectors. The company was founded in 1996 and is headquartered in Levallois-Perret, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 21:14
End of Day Share Price2020/04/02 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.