SA Cecurity.com develops and publishes software for secure exchange and archiving of digital originals.
Adequate balance sheet with questionable track record.
Share Price & News
How has SA Cecurity.com's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLCEC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how MLCEC performed against the French Software industry.
Return vs Market: Insufficient data to determine how MLCEC performed against the French Market.
Price Volatility Vs. Market
How volatile is SA Cecurity.com's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs SA Cecurity.com's (EPA:MLCEC) 3.6% ROE Worse Than Average?
3 months ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand SA Cecurity.com (EPA:MLCEC)
4 months ago | Simply Wall StWhy SA Cecurity.com’s (EPA:MLCEC) Return On Capital Employed Looks Uninspiring
Is SA Cecurity.com undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MLCEC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MLCEC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MLCEC is poor value based on its PE Ratio (43.1x) compared to the Software industry average (33.7x).
PE vs Market: MLCEC is poor value based on its PE Ratio (43.1x) compared to the French market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MLCEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MLCEC is good value based on its PB Ratio (1.5x) compared to the FR Software industry average (2.5x).
How is SA Cecurity.com forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 SA Cecurity.com 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.
- Examine SA Cecurity.com'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.
- SA Cecurity.com competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has SA Cecurity.com performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MLCEC has a large one-off loss of €13.3K impacting its December 31 2018 financial results.
Growing Profit Margin: MLCEC's current net profit margins (2.2%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MLCEC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MLCEC's past year earnings growth to its 5-year average.
Earnings vs Industry: MLCEC earnings growth over the past year (60.1%) exceeded the Software industry 3%.
Return on Equity
High ROE: MLCEC's Return on Equity (3.6%) is considered low.
Return on Assets
Return on Capital Employed
How is SA Cecurity.com's financial position?
Financial Position Analysis
Short Term Liabilities: MLCEC's short term assets (€5.2M) exceed its short term liabilities (€3.1M).
Long Term Liabilities: MLCEC's short term assets (€5.2M) exceed its long term liabilities (€363.8K).
Debt to Equity History and Analysis
Debt Level: MLCEC's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MLCEC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MLCEC's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: MLCEC earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: MLCEC has a low level of unsold assets or inventory.
Debt Coverage by Assets: MLCEC's debt is covered by short term assets (assets are 10.3x debt).
What is SA Cecurity.com's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MLCEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MLCEC'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 MLCEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MLCEC'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 MLCEC's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Alain Borghesi 0
Mr. Alain Borghesi founded Cecurity.com Société Anonyme in 1984 and serves as its Chairman and Managing Director. Since 1984, Mr. Borghesi is a Professional specialized in companies and customers ebusiness ...
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.
SA Cecurity.com's company bio, employee growth, exchange listings and data sources
- Name: SA Cecurity.com
- Ticker: MLCEC
- Exchange: ENXTPA
- Industry: Application Software
- Sector: Software
- Market Cap: €6.457m
- Shares outstanding: 10.94m
- Website: https://www.cecurity.com
Number of Employees
- SA Cecurity.com
- 75 rue Saint-Lazare
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MLCEC||ENXTPA (Euronext Paris)||Yes||Share Capital||FR||EUR||Feb 2009|
SA Cecurity.com develops and publishes software for secure exchange and archiving of digital originals. The company offers CecurCrypt, an encrypted electronic vault for secured and legal archiving documents; Communicating Electronic Vault, a solution for bulk deposit of documents; CecurHybrid, a digitization of outgoing paper and electronic administrative correspondence; Proof, Exchange, and Archiving, a electronic archival storage; CFJL, an event logging vault that enables regulatory archiving of gaming events; and DocFlow, a solution for Invoice approval and legal archiving. It provides solutions for e-billing, copies, electronic pay slips, paper free contacts, and electronic statements. The company also offers services based on Software-as-a-Service mode. It serves banks, insurance companies, public authorities, regulated professions, and distribution companies. SA Cecurity.com is based in Paris, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 21:45|
|End of Day Share Price||2020/02/17 00:00|
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.