WAVE Stock Overview
Wavestone SA provides management and digital consulting services primarily in France and internationally.
No risks detected for WAVE from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||€51.10|
|52 Week High||€55.80|
|52 Week Low||€39.00|
|1 Month Change||12.56%|
|3 Month Change||3.86%|
|1 Year Change||16.14%|
|3 Year Change||96.54%|
|5 Year Change||102.60%|
|Change since IPO||722.12%|
Recent News & Updates
If EPS Growth Is Important To You, Wavestone (EPA:WAVE) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Wavestone (EPA:WAVE) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
At €49.65, Is It Time To Put Wavestone SA (EPA:WAVE) On Your Watch List?
While Wavestone SA ( EPA:WAVE ) might not be the most widely known stock at the moment, it received a lot of attention...
|WAVE||FR IT||FR Market|
Return vs Industry: WAVE exceeded the French IT industry which returned -17.2% over the past year.
Return vs Market: WAVE exceeded the French Market which returned -6.4% over the past year.
|WAVE Average Weekly Movement||5.3%|
|IT Industry Average Movement||4.8%|
|Market Average Movement||4.9%|
|10% most volatile stocks in FR Market||9.1%|
|10% least volatile stocks in FR Market||2.9%|
Stable Share Price: WAVE is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WAVE's weekly volatility (5%) has been stable over the past year.
About the Company
Wavestone SA provides management and digital consulting services primarily in France and internationally. It offers consulting services in the areas of finance, telecom, media and entertainment, consumer goods and retail, manufacturing, energy and utilities, transportation and travel, real estate, public sector, and international institutions. The company was formerly known as Solucom SA and changed its name to Wavestone SA in July 2016.
Wavestone Fundamentals Summary
|WAVE fundamental statistics|
Is WAVE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WAVE income statement (TTM)|
|Cost of Revenue||€347.21m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.55|
|Net Profit Margin||10.86%|
How did WAVE perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is WAVE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WAVE?
Other financial metrics that can be useful for relative valuation.
|What is WAVE's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WAVE's PE Ratio compare to its peers?
|WAVE PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
AUB Aubay Société Anonyme
SWP Sword Group
Price-To-Earnings vs Peers: WAVE is good value based on its Price-To-Earnings Ratio (20x) compared to the peer average (21.4x).
Price to Earnings Ratio vs Industry
How does WAVE's PE Ratio compare vs other companies in the FR IT Industry?
Price-To-Earnings vs Industry: WAVE is good value based on its Price-To-Earnings Ratio (20x) compared to the French IT industry average (22.1x)
Price to Earnings Ratio vs Fair Ratio
What is WAVE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||20x|
|Fair PE Ratio||25x|
Price-To-Earnings vs Fair Ratio: WAVE is good value based on its Price-To-Earnings Ratio (20x) compared to the estimated Fair Price-To-Earnings Ratio (25x).
Share Price vs Fair Value
What is the Fair Price of WAVE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WAVE (€51.1) is trading below our estimate of fair value (€61.85)
Significantly Below Fair Value: WAVE is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Wavestone forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WAVE's forecast earnings growth (4.9% per year) is above the savings rate (0.3%).
Earnings vs Market: WAVE's earnings (4.9% per year) are forecast to grow slower than the French market (11.5% per year).
High Growth Earnings: WAVE's earnings are forecast to grow, but not significantly.
Revenue vs Market: WAVE's revenue (6.4% per year) is forecast to grow faster than the French market (5.2% per year).
High Growth Revenue: WAVE's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WAVE's Return on Equity is forecast to be low in 3 years time (15.3%).
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How has Wavestone performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WAVE has high quality earnings.
Growing Profit Margin: WAVE's current net profit margins (10.9%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: WAVE's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: WAVE's earnings growth over the past year (101.1%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: WAVE earnings growth over the past year (101.1%) exceeded the IT industry 31.7%.
Return on Equity
High ROE: WAVE's Return on Equity (19.9%) is considered low.
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How is Wavestone's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WAVE's short term assets (€279.4M) exceed its short term liabilities (€169.7M).
Long Term Liabilities: WAVE's short term assets (€279.4M) exceed its long term liabilities (€67.5M).
Debt to Equity History and Analysis
Debt Level: WAVE has more cash than its total debt.
Reducing Debt: WAVE's debt to equity ratio has reduced from 89% to 18.6% over the past 5 years.
Debt Coverage: WAVE's debt is well covered by operating cash flow (117.6%).
Interest Coverage: WAVE's interest payments on its debt are well covered by EBIT (89.7x coverage).
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What is Wavestone current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WAVE's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.68%).
High Dividend: WAVE's dividend (0.74%) is low compared to the top 25% of dividend payers in the French market (5.25%).
Stability and Growth of Payments
Stable Dividend: WAVE is not paying a notable dividend for the French market, therefore no need to check if payments are stable.
Growing Dividend: WAVE is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: WAVE is not paying a notable dividend for the French market.
Cash Payout to Shareholders
Cash Flow Coverage: WAVE is not paying a notable dividend for the French market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pascal Imbert (64 yo)
Mr. Pascal Imbert has been Chairman of the Management Board at Wavestone SA (also known as Solucom SA) since September 26, 2012 and has been its Member of the Management Board since September 30, 2002. Mr....
CEO Compensation Analysis
Compensation vs Market: Pascal's total compensation ($USD307.73K) is below average for companies of similar size in the French market ($USD610.54K).
Compensation vs Earnings: Pascal's compensation has increased by more than 20% in the past year.
Experienced Management: WAVE's management team is seasoned and experienced (11.6 years average tenure).
Experienced Board: WAVE's board of directors are considered experienced (4.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wavestone SA's employee growth, exchange listings and data sources
- Name: Wavestone SA
- Ticker: WAVE
- Exchange: ENXTPA
- Founded: 1990
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: €1.023b
- Shares outstanding: 20.01m
- Website: https://www.wavestone.com/en/
Number of Employees
- Wavestone SA
- Tour Franklin
- 100-101, terrasse Boieldieu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 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.