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TXCOM Société Anonyme

ENXTPA:ALTXC
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALTXC
ENXTPA
€7M
Market Cap
  1. Home
  2. FR
  3. Tech
Company description

TXCOM Société Anonyme designs, manufactures, and markets communication products in France and internationally. The last earnings update was 57 days ago. More info.


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ALTXC Share Price and Events
7 Day Returns
-2.4%
ENXTPA:ALTXC
-0.9%
FR Communications
-0.4%
FR Market
1 Year Returns
-
ENXTPA:ALTXC
-34.1%
FR Communications
2.9%
FR Market
ALTXC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TXCOM Société Anonyme (ALTXC) -2.4% -6.9% -16% - - -19.4%
FR Communications -0.9% 3.3% 6.7% -34.1% -33.6% -63.2%
FR Market -0.4% 3% 3.8% 2.9% 37.3% 33.1%
1 Year Return vs Industry and Market
  • No trading data on ALTXC.
  • No trading data on ALTXC.
Price Volatility
ALTXC
Industry
5yr Volatility vs Market
Related Companies

Value

 Is TXCOM Société Anonyme undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of TXCOM Société Anonyme to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for TXCOM Société Anonyme.

ENXTPA:ALTXC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:ALTXC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.098 (1 + (1- 33%) (24.66%))
1.187
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.187 * 6.65%)
8.63%

Discounted Cash Flow Calculation for ENXTPA:ALTXC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TXCOM Société Anonyme is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:ALTXC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.63%)
2019 2.22 Est @ 26.87% 2.04
2020 2.64 Est @ 19.03% 2.24
2021 3.00 Est @ 13.54% 2.34
2022 3.29 Est @ 9.7% 2.36
2023 3.52 Est @ 7.01% 2.33
2024 3.70 Est @ 5.13% 2.25
2025 3.84 Est @ 3.81% 2.15
2026 3.96 Est @ 2.89% 2.04
2027 4.04 Est @ 2.24% 1.92
2028 4.12 Est @ 1.79% 1.80
Present value of next 10 years cash flows €21.49
ENXTPA:ALTXC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €4.12 × (1 + 0.73%) ÷ (8.63% – 0.73%)
€52.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €52.52 ÷ (1 + 8.63%)10
€22.96
ENXTPA:ALTXC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €21.49 + €22.96
€44.44
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €44.44 / 1.23
€36.26
ENXTPA:ALTXC Discount to Share Price
Calculation Result
Value per share (EUR) From above. €36.26
Current discount Discount to share price of €6.05
= -1 x (€6.05 - €36.26) / €36.26
83.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price TXCOM Société Anonyme is available for.
Intrinsic value
>50%
Share price is €6.05 vs Future cash flow value of €36.26
Current Discount Checks
For TXCOM Société Anonyme to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • TXCOM Société Anonyme's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • TXCOM Société Anonyme's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TXCOM Société Anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TXCOM Société Anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ALTXC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.75
ENXTPA:ALTXC Share Price ** ENXTPA (2019-06-26) in EUR €6.05
Europe Communications Industry PE Ratio Median Figure of 23 Publicly-Listed Communications Companies 22.38x
France Market PE Ratio Median Figure of 421 Publicly-Listed Companies 17.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TXCOM Société Anonyme.

ENXTPA:ALTXC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ALTXC Share Price ÷ EPS (both in EUR)

= 6.05 ÷ 0.75

8.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TXCOM Société Anonyme is good value based on earnings compared to the Europe Communications industry average.
  • TXCOM Société Anonyme is good value based on earnings compared to the France market.
Price based on expected Growth
Does TXCOM Société Anonyme's expected growth come at a high price?
Raw Data
ENXTPA:ALTXC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
2.4%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.63x
France Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TXCOM Société Anonyme, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TXCOM Société Anonyme's assets?
Raw Data
ENXTPA:ALTXC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €6.01
ENXTPA:ALTXC Share Price * ENXTPA (2019-06-26) in EUR €6.05
France Communications Industry PB Ratio Median Figure of 11 Publicly-Listed Communications Companies 1x
France Market PB Ratio Median Figure of 622 Publicly-Listed Companies 1.46x
ENXTPA:ALTXC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ALTXC Share Price ÷ Book Value per Share (both in EUR)

= 6.05 ÷ 6.01

1.01x

* Primary Listing of TXCOM Société Anonyme.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TXCOM Société Anonyme is overvalued based on assets compared to the FR Communications industry average.
X
Value checks
We assess TXCOM Société Anonyme's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. TXCOM Société Anonyme has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is TXCOM Société Anonyme expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover TXCOM Société Anonyme, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TXCOM Société Anonyme expected to grow at an attractive rate?
  • TXCOM Société Anonyme's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • TXCOM Société Anonyme's earnings growth is positive but not above the France market average.
  • Unable to compare TXCOM Société Anonyme's revenue growth to the France market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ALTXC Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ALTXC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 2.4%
France Communications Industry Earnings Growth Rate Market Cap Weighted Average 59.2%
France Communications Industry Revenue Growth Rate Market Cap Weighted Average 10.6%
France Market Earnings Growth Rate Market Cap Weighted Average 12.7%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ALTXC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ALTXC Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ENXTPA:ALTXC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 10 2 1
2018-09-30 10 2 1
2018-06-30 10 2 1
2018-03-31 10 1 1
2017-12-31 9 0 0
2017-09-30 9 0 0
2017-06-30 8 0 0
2017-03-31 8 1 0
2016-12-31 9 1 1
2016-09-30 9 2 1
2016-06-30 9 2 1
2016-03-31 8 2 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TXCOM Société Anonyme's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if TXCOM Société Anonyme is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ALTXC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TXCOM Société Anonyme Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALTXC Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ENXTPA:ALTXC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.75
2018-09-30 0.73
2018-06-30 0.70
2018-03-31 0.55
2017-12-31 0.40
2017-09-30 0.36
2017-06-30 0.32
2017-03-31 0.40
2016-12-31 0.48
2016-09-30 0.57
2016-06-30 0.67
2016-03-31 0.56

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TXCOM Société Anonyme will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess TXCOM Société Anonyme's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TXCOM Société Anonyme has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has TXCOM Société Anonyme performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TXCOM Société Anonyme's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TXCOM Société Anonyme's year on year earnings growth rate has been positive over the past 5 years.
  • TXCOM Société Anonyme's 1-year earnings growth exceeds its 5-year average (86.8% vs 6.8%)
  • TXCOM Société Anonyme's earnings growth has exceeded the Europe Communications industry average in the past year (86.8% vs 17.1%).
Earnings and Revenue History
TXCOM Société Anonyme's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TXCOM Société Anonyme Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALTXC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 9.84 0.93 2.98
2018-09-30 10.10 0.90 3.01
2018-06-30 10.36 0.88 3.04
2018-03-31 9.84 0.69 3.07
2017-12-31 9.32 0.50 3.09
2017-09-30 8.81 0.44 3.05
2017-06-30 8.31 0.38 3.02
2017-03-31 8.43 0.49 2.96
2016-12-31 8.56 0.59 2.89
2016-09-30 8.57 0.70 2.74
2016-06-30 8.59 0.81 2.58
2016-03-31 8.10 0.69 2.45
2015-12-31 7.60 0.56 2.32
2015-09-30 7.34 0.54 2.45
2015-06-30 7.07 0.53 2.57
2015-03-31 7.04 0.54 2.47
2014-12-31 7.01 0.55 2.37
2014-09-30 6.92 0.55 2.20
2014-06-30 6.84 0.55 2.03
2014-03-31 6.94 0.58 2.11
2013-12-31 7.03 0.62 2.20
2013-09-30 7.19 0.55 2.20
2013-06-30 7.35 0.48 2.19
2013-03-31 7.26 0.46 2.27
2012-12-31 7.17 0.44 2.35
2012-09-30 7.39 0.52 3.31
2012-06-30 7.61 0.60 2.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • TXCOM Société Anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • TXCOM Société Anonyme used its assets more efficiently than the Europe Communications industry average last year based on Return on Assets.
  • TXCOM Société Anonyme has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TXCOM Société Anonyme's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TXCOM Société Anonyme has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is TXCOM Société Anonyme's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TXCOM Société Anonyme's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TXCOM Société Anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TXCOM Société Anonyme's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TXCOM Société Anonyme's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TXCOM Société Anonyme Company Filings, last reported 5 months ago.

ENXTPA:ALTXC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7.36 0.00 6.77
2018-09-30 7.36 0.00 6.77
2018-06-30 7.04 0.00 6.24
2018-03-31 7.04 0.00 6.24
2017-12-31 6.63 0.00 5.31
2017-09-30 6.63 0.00 5.31
2017-06-30 6.36 0.31 5.08
2017-03-31 6.36 0.31 5.08
2016-12-31 6.44 0.00 5.44
2016-09-30 6.44 0.00 5.44
2016-06-30 6.27 0.33 5.85
2016-03-31 6.27 0.33 5.85
2015-12-31 6.14 2.65 5.08
2015-09-30 6.14 2.65 5.08
2015-06-30 5.76 0.32 4.87
2015-03-31 5.76 0.32 4.87
2014-12-31 5.88 2.94 4.68
2014-09-30 5.88 2.94 4.68
2014-06-30 5.52 0.11 4.62
2014-03-31 5.52 0.11 4.62
2013-12-31 5.43 0.17 4.83
2013-09-30 5.43 0.17 4.83
2013-06-30 5.10 0.22 4.69
2013-03-31 5.10 0.22 4.69
2012-12-31 4.94 0.29 4.51
2012-09-30 4.94 0.29 4.51
2012-06-30 4.74 0.36 5.76
  • TXCOM Société Anonyme's level of debt (24.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60.6% vs 24.8% today).
  • Debt is well covered by operating cash flow (111.7%, greater than 20% of total debt).
  • TXCOM Société Anonyme earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess TXCOM Société Anonyme's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TXCOM Société Anonyme has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is TXCOM Société Anonyme's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TXCOM Société Anonyme dividends.
If you bought €2,000 of TXCOM Société Anonyme shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TXCOM Société Anonyme's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TXCOM Société Anonyme's dividend against the top 25% market benchmark as the company has not reported any payouts.
Upcoming dividend payment

Purchase TXCOM Société Anonyme before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ALTXC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ALTXC Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TXCOM Société Anonyme has not reported any payouts.
  • Unable to verify if TXCOM Société Anonyme's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TXCOM Société Anonyme's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TXCOM Société Anonyme has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess TXCOM Société Anonyme's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TXCOM Société Anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TXCOM Société Anonyme has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of TXCOM Société Anonyme's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Philippe Clavery
CEO Bio

Mr. Philippe Clavery serves as Chairman of the Board of Directors and Chief Executive Officer at TXCOM SA. Mr. Clavery serves as Managing Director at Attel Ingenierie and Kitis.

CEO Compensation
  • Insufficient data for Philippe to compare compensation growth.
  • Insufficient data for Philippe to establish whether their remuneration is reasonable compared to companies of similar size in France.
Management Team

Philippe Clavery

TITLE
Chairman of the Board of Directors & CEO
Board of Directors

Philippe Clavery

TITLE
Chairman of the Board of Directors & CEO

Jacqueline Clavery

TITLE
Director

Albert Schune

TITLE
Director

Alain Jorite

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess TXCOM Société Anonyme's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TXCOM Société Anonyme has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Can We Make Of TXCOM Société Anonyme’s (EPA:ALTXC) High Return On Capital?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for TXCOM Société Anonyme: 0.12 = €1.2m ÷ (€11m - €1.5m) (Based on the trailing twelve months to December 2018.) Therefore, TXCOM Société Anonyme has an ROCE of 12%. … TXCOM Société Anonyme's Current Liabilities And Their Impact On Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

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TXCOM Société Anonyme (EPA:ALTXC) Has A ROE Of 13%

Our data shows TXCOM Société Anonyme has a return on equity of 13% for the last year. … See our latest analysis for TXCOM Société Anonyme How Do I Calculate Return On Equity? … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for TXCOM Société Anonyme: 13% = €926k ÷ €7.4m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity.

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If You Like EPS Growth Then Check Out TXCOM Société Anonyme (EPA:ALTXC) Before It's Too Late

In contrast to all that, I prefer to spend time on companies like TXCOM Société Anonyme (EPA:ALTXC), which has not only revenues, but also profits. … How Fast Is TXCOM Société Anonyme Growing. … TXCOM Société Anonyme shareholders can take confidence from the fact that EBIT margins are up from 8.3% to 14%, and revenue is growing.

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The TXCOM Société Anonyme (EPA:ALTXC) Share Price Has Gained 84% And Shareholders Are Hoping For More

For example, the TXCOM Société Anonyme (EPA:ALTXC) share price is up 84% in the last year, clearly besting than the market return of around 3.1% (not including dividends). … While TXCOM Société Anonyme made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … In the last year TXCOM Société Anonyme saw its revenue grow by 25%.

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What You Must Know About TXCOM Société Anonyme's (EPA:ALTXC) Financial Strength

Investors are always looking for growth in small-cap stocks like TXCOM Société Anonyme (EPA:ALTXC), with a market cap of €6.8m. … However, an important fact which most ignore is: how financially healthy is the business?

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Should You Like TXCOM Société Anonyme’s (EPA:ALTXC) High Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:

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A Closer Look At TXCOM Société Anonyme's (EPA:ALTXC) Impressive ROE

TXCOM Société Anonyme has a ROE of 12%, based on the last twelve months. … That means that for every €1 worth of shareholders' equity, it generated €0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Is TXCOM Société Anonyme's (EPA:ALTXC) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as TXCOM Société Anonyme (EPA:ALTXC) with its market cap of €6m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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How TXCOM Société Anonyme's (EPA:ALTXC) Earnings Growth Stacks Up Against The Industry

When TXCOM Société Anonyme (EPA:ALTXC) released its most recent earnings update (31 December 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were TXCOM Société Anonyme's average earnings over the past couple of years, and its industry performance. … See our latest analysis for TXCOM Société Anonyme?

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Is TXCOM Société Anonyme's (EPA:ALTXC) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as TXCOM Société Anonyme (EPA:ALTXC) with its market cap of €4.76m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

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Company Info

Description

TXCOM Société Anonyme designs, manufactures, and markets communication products in France and internationally. The company offers thermal printing solutions, such as thermal printing mechanisms, thermal receipt and label printers, kiosk printers, electronic boards with embedded firmware, and a range of accessories; data capture solutions, including Bluetooth barcode scanners for the logistics and transportation markets; RFID tagging solutions; security lock shop; and electrovannes. TXCOM Société Anonyme is headquartered in Le Plessis Robinson, France.

Details
Name: TXCOM Société Anonyme
ALTXC
Exchange: ENXTPA
Founded:
€7,414,813
1,225,589
Website: http://www.txcom.fr
Address: TXCOM Société Anonyme
Parc d'Affaires NOVEOS,
10 avenue DESCARTES,
Le Plessis Robinson,
Ile-de-France, 92350,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALTXC Share Capital Euronext Paris FR EUR 07. Jan 2009
Number of employees
Current staff
Staff numbers
37
TXCOM Société Anonyme employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 21:12
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2018/04/27
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.