€1.00: That's What Analysts Think ENENSYS Technologies SA (EPA:ALNN6) Is Worth After Its Latest Results

Last week, you might have seen that ENENSYS Technologies SA (EPA:ALNN6) released its yearly result to the market. The early response was not positive, with shares down 3.6% to €1.00 in the past week. It was an okay result overall, with revenues coming in at €13m, roughly what the analyst had been expecting. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.

See our latest analysis for ENENSYS Technologies

Taking into account the latest results, the current consensus from ENENSYS Technologies' sole analyst is for revenues of €13.4m in 2023, which would reflect a satisfactory 5.5% increase on its sales over the past 12 months. In the lead-up to this report, the analyst had been modelling revenues of €13.7m and earnings per share (EPS) of €0.02 in 2023. Overall, while there's been a small dip in revenue estimates, the consensus now no longer provides an EPS estimate, suggesting that the market believes revenue is more important following the latest results.

Intriguingly,the analyst has cut their price target 38% to €1.00 showing a clear decline in sentiment around ENENSYS Technologies' valuation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. For example, we noticed that ENENSYS Technologies' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 5.5% growth to the end of 2023 on an annualised basis. That is well above its historical decline of 6.8% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 9.6% annually for the foreseeable future. So although ENENSYS Technologies' revenue growth is expected to improve, it is still expected to grow slower than the industry.

The Bottom Line

The most important thing to take away is that the analyst downgraded their revenue estimates for next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates revenues are expected to perform worse than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

We have estimates for ENENSYS Technologies from one covering analyst, and you can see them free on our platform here.

Before you take the next step you should know about the 4 warning signs for ENENSYS Technologies that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.