Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
WAVE Stock Overview
Wavestone SA provides management and digital consulting services primarily in France and internationally.
Rewards
Risk Analysis
No risks detected for WAVE from our risk checks.
Wavestone Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | €51.10 |
52 Week High | €55.80 |
52 Week Low | €39.00 |
Beta | 1.09 |
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
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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...
Shareholder Returns
WAVE | FR IT | FR Market | |
---|---|---|---|
7D | -0.8% | 1.2% | 1.3% |
1Y | 16.1% | -17.2% | -6.4% |
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.
Price Volatility
WAVE volatility | |
---|---|
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
Founded | Employees | CEO | Website |
---|---|---|---|
1990 | 3,732 | Pascal Imbert | https://www.wavestone.com/en/ |
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 | |
---|---|
Market Cap | €1.02b |
Earnings (TTM) | €51.03m |
Revenue (TTM) | €470.06m |
20.0x
P/E Ratio2.2x
P/S RatioIs WAVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
WAVE income statement (TTM) | |
---|---|
Revenue | €470.06m |
Cost of Revenue | €347.21m |
Gross Profit | €122.85m |
Other Expenses | €71.82m |
Earnings | €51.03m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.55 |
Gross Margin | 26.14% |
Net Profit Margin | 10.86% |
Debt/Equity Ratio | 18.6% |
How did WAVE perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield15%
Payout RatioValuation
Is WAVE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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
Analyst Forecast
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? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | €1.02b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.1x |
Enterprise Value/EBITDA | 11.8x |
PEG Ratio | 4.1x |
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 |
---|---|---|---|
Peer Average | 21.4x | ||
NRO Neurones | 25.3x | 12.9% | €953.2m |
SII SII | 16.9x | 7.2% | €1.0b |
AUB Aubay Société Anonyme | 21x | 7.3% | €721.2m |
SWP Sword Group | 22.4x | -16.8% | €394.8m |
WAVE Wavestone | 20x | 4.9% | €1.0b |
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.
Fair Ratio | |
---|---|
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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Future Growth
How is Wavestone forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
4.9%
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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Past Performance
How has Wavestone performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
12.4%
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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Financial Health
How is Wavestone's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
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).
Balance Sheet
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Dividend
What is Wavestone current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.74%
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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Management
How experienced are the management team and are they aligned to shareholders interests?
11.6yrs
Average management tenure
CEO
Pascal Imbert (64 yo)
19.92yrs
Tenure
€300,129
Compensation
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.
Leadership Team
Experienced Management: WAVE's management team is seasoned and experienced (11.6 years average tenure).
Board Members
Experienced Board: WAVE's board of directors are considered experienced (4.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Wavestone SA's employee growth, exchange listings and data sources
Key Information
- 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
Location
- Wavestone SA
- Tour Franklin
- 100-101, terrasse Boieldieu
- Paris
- Ile-de-France
- 92042
- France
Listings
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 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
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.