Loading...

La Société Industrielle et Financière de l'Artois

ENXTPA:ARTO
Snowflake Description

Moderate growth potential with mediocre balance sheet.

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

La Société Industrielle et Financière de l'Artois designs, manufactures, and markets terminals for transport networks. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
ARTO Share Price and Events
7 Day Returns
-1.8%
ENXTPA:ARTO
-2.5%
FR Tech
1.9%
FR Market
1 Year Returns
-17.2%
ENXTPA:ARTO
-22.8%
FR Tech
-2.3%
FR Market
ARTO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
La Société Industrielle et Financière de l'Artois (ARTO) -1.8% -5.1% 7.8% -17.2% 27.9% -10.5%
FR Tech -2.5% -7.6% -3% -22.8% 10.3% -41%
FR Market 1.9% -2.3% 5.9% -2.3% 30.8% 29.8%
1 Year Return vs Industry and Market
  • ARTO outperformed the Tech industry which returned -22.8% over the past year.
  • ARTO underperformed the Market in France which returned -2.3% over the past year.
Price Volatility
ARTO
Industry
5yr Volatility vs Market

ARTO Value

 Is La Société Industrielle et Financière de l'Artois 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
  • It is not possible to calculate the future cash flow value for La Société Industrielle et Financière de l'Artois. This is due to cash flow or dividend data being unavailable. The share price is €5550.
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 La Société Industrielle et Financière de l'Artois's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are La Société Industrielle et Financière de l'Artois's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ARTO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €50.42
ENXTPA:ARTO Share Price ** ENXTPA (2019-05-16) in EUR €5550
France Tech Industry PE Ratio Median Figure of 7 Publicly-Listed Tech Companies 20.52x
France Market PE Ratio Median Figure of 418 Publicly-Listed Companies 17.81x

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

** Primary Listing of La Société Industrielle et Financière de l'Artois.

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

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

= 5550 ÷ 50.42

110.07x

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

  • La Société Industrielle et Financière de l'Artois is overvalued based on earnings compared to the FR Tech industry average.
  • La Société Industrielle et Financière de l'Artois is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does La Société Industrielle et Financière de l'Artois's expected growth come at a high price?
Raw Data
ENXTPA:ARTO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 110.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
25.6%per year
Europe Tech Industry PEG Ratio Median Figure of 11 Publicly-Listed Tech Companies 0.82x
France Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.46x

*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 La Société Industrielle et Financière de l'Artois, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on La Société Industrielle et Financière de l'Artois's assets?
Raw Data
ENXTPA:ARTO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5,588.43
ENXTPA:ARTO Share Price * ENXTPA (2019-05-16) in EUR €5550
France Tech Industry PB Ratio Median Figure of 10 Publicly-Listed Tech Companies 1.47x
France Market PB Ratio Median Figure of 619 Publicly-Listed Companies 1.44x
ENXTPA:ARTO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5550 ÷ 5,588.43

0.99x

* Primary Listing of La Société Industrielle et Financière de l'Artois.

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

  • La Société Industrielle et Financière de l'Artois is good value based on assets compared to the FR Tech industry average.
X
Value checks
We assess La Société Industrielle et Financière de l'Artois'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 Tech 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 Tech industry average (and greater than 0)? (1 check)
  5. La Société Industrielle et Financière de l'Artois has a total score of 1/6, 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.

ARTO Future Performance

 How is La Société Industrielle et Financière de l'Artois expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover La Société Industrielle et Financière de l'Artois, 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
25.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is La Société Industrielle et Financière de l'Artois expected to grow at an attractive rate?
  • La Société Industrielle et Financière de l'Artois's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • La Société Industrielle et Financière de l'Artois's earnings growth is expected to exceed the France market average.
  • Unable to compare La Société Industrielle et Financière de l'Artois's revenue growth to the France market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ARTO Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ARTO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 25.6%
France Tech Industry Earnings Growth Rate Market Cap Weighted Average 24.1%
France Tech Industry Revenue Growth Rate Market Cap Weighted Average 10.5%
France Market Earnings Growth Rate Market Cap Weighted Average 13.2%
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:ARTO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:ARTO Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 163 -8 13
2018-09-30 164 -3 95
2018-06-30 163 1 176
2018-03-31 161 11 175
2017-12-31 161 21 175
2017-09-30 157 20 93
2017-06-30 153 19 12
2017-03-31 154 19 11
2016-12-31 156 20 9
2016-09-30 158 14 10
2016-06-30 160 9 11
2016-03-31 157 10 144

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • La Société Industrielle et Financière de l'Artois's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if La Société Industrielle et Financière de l'Artois 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:ARTO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from La Société Industrielle et Financière de l'Artois Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ARTO Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 50.42
2018-09-30 356.54
2018-06-30 661.10
2018-03-31 657.64
2017-12-31 655.73
2017-09-30 350.82
2017-06-30 45.92
2017-03-31 40.79
2016-12-31 35.65
2016-09-30 38.52
2016-06-30 41.39
2016-03-31 539.81

*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 La Société Industrielle et Financière de l'Artois will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess La Société Industrielle et Financière de l'Artois'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.
La Société Industrielle et Financière de l'Artois has a total score of 3/6, 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.

ARTO Past Performance

  How has La Société Industrielle et Financière de l'Artois 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 La Société Industrielle et Financière de l'Artois's growth in the last year to its industry (Tech).
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.
  • La Société Industrielle et Financière de l'Artois's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • La Société Industrielle et Financière de l'Artois's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • La Société Industrielle et Financière de l'Artois's 1-year earnings growth is negative, it can't be compared to the FR Tech industry average.
Earnings and Revenue History
La Société Industrielle et Financière de l'Artois'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 La Société Industrielle et Financière de l'Artois Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ARTO Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 162.99 13.42 55.61
2018-09-30 164.10 94.91 55.39
2018-06-30 162.66 175.99 55.17
2018-03-31 160.77 175.06 55.57
2017-12-31 161.43 174.56 55.97
2017-09-30 157.33 93.39 56.43
2017-06-30 153.23 12.22 56.90
2017-03-31 154.40 10.86 56.59
2016-12-31 155.57 9.49 56.28
2016-09-30 157.95 10.25 55.99
2016-06-30 160.34 11.02 55.70
2016-03-31 157.02 143.70 54.78
2015-12-31 153.71 276.38 53.85
2015-09-30 146.94 276.72 52.32
2015-06-30 140.17 277.06 50.78
2015-03-31 136.74 144.19 49.50
2014-12-31 133.31 11.33 48.23
2014-09-30 134.11 11.54 48.14
2014-06-30 134.91 11.76 48.04
2014-03-31 133.96 11.72 48.45
2013-12-31 133.02 11.68 48.85
2013-09-30 130.94 30.40 49.53
2013-06-30 128.87 49.12 50.21
2013-03-31 136.90 61.31 50.80
2012-12-31 144.93 73.51 51.39
2012-09-30 152.14 55.69 51.01
2012-06-30 159.36 37.88 50.62

*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.
  • La Société Industrielle et Financière de l'Artois has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if La Société Industrielle et Financière de l'Artois has efficiently used its assets last year compared to the FR Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if La Société Industrielle et Financière de l'Artois improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess La Société Industrielle et Financière de l'Artois'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 Tech 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.
La Société Industrielle et Financière de l'Artois has a total score of 1/6, 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.

ARTO Health

 How is La Société Industrielle et Financière de l'Artois'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 La Société Industrielle et Financière de l'Artois's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • La Société Industrielle et Financière de l'Artois is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • La Société Industrielle et Financière de l'Artois's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of La Société Industrielle et Financière de l'Artois'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 10.8x 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 La Société Industrielle et Financière de l'Artois Company Filings, last reported 4 months ago.

ENXTPA:ARTO Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,486.48 65.50 639.66
2018-09-30 1,486.48 65.50 639.66
2018-06-30 1,571.17 60.25 636.75
2018-03-31 1,571.17 60.25 636.75
2017-12-31 1,663.79 58.54 654.23
2017-09-30 1,663.79 58.54 654.23
2017-06-30 1,613.47 62.17 70.50
2017-03-31 1,613.47 62.17 70.50
2016-12-31 1,431.12 52.95 65.44
2016-09-30 1,431.12 52.95 65.44
2016-06-30 1,442.93 53.50 63.85
2016-03-31 1,442.93 53.50 63.85
2015-12-31 1,577.88 48.87 61.01
2015-09-30 1,577.88 48.87 61.01
2015-06-30 1,620.17 38.75 60.06
2015-03-31 1,620.17 38.75 60.06
2014-12-31 1,431.35 34.96 58.37
2014-09-30 1,431.35 34.96 58.37
2014-06-30 1,826.15 29.31 55.82
2014-03-31 1,826.15 29.31 55.82
2013-12-31 1,503.50 26.24 55.57
2013-09-30 1,503.50 26.24 55.57
2013-06-30 1,275.57 24.47 55.83
2013-03-31 1,275.57 24.47 55.83
2012-12-31 958.80 27.62 58.97
2012-09-30 958.80 27.62 58.97
2012-06-30 701.24 30.28 32.74
  • La Société Industrielle et Financière de l'Artois's level of debt (4.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.7% vs 4.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on La Société Industrielle et Financière de l'Artois's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess La Société Industrielle et Financière de l'Artois'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. La Société Industrielle et Financière de l'Artois has a total score of 3/6, 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.

ARTO Dividends

 What is La Société Industrielle et Financière de l'Artois'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
0.61%
Current annual income from La Société Industrielle et Financière de l'Artois dividends.
If you bought €2,000 of La Société Industrielle et Financière de l'Artois shares you are expected to receive €12 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?
  • La Société Industrielle et Financière de l'Artois's pays a lower dividend yield than the bottom 25% of dividend payers in France (1.57%).
  • La Société Industrielle et Financière de l'Artois's dividend is below the markets top 25% of dividend payers in France (4.49%).
Upcoming dividend payment

Purchase La Société Industrielle et Financière de l'Artois 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:ARTO 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 Tech Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.6%
France Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 1%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

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

ENXTPA:ARTO Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-03 34.000 0.605
2019-03-22 34.000 0.613
2018-04-27 34.000 0.601
2018-03-23 34.000 0.517
2017-04-28 34.000 0.596
2017-03-23 34.000 0.779
2016-05-03 34.000 0.794
2016-03-24 34.000 0.789
2015-05-08 34.000 0.715
2014-05-09 34.000 0.630
2014-03-24 34.000 0.559
2013-04-30 34.000 0.775
2013-03-22 34.000 0.948
2012-05-09 34.000 1.226
2012-03-23 34.000 1.500
2011-05-10 19.000 0.830
2011-03-31 19.000 0.785
2009-08-31 0.000 0.000
2009-06-03 0.000 0.000

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

  • La Société Industrielle et Financière de l'Artois is not paying a notable dividend for France, therefore no need to check if the payments are stable.
  • La Société Industrielle et Financière de l'Artois is not paying a notable dividend for France, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of La Société Industrielle et Financière de l'Artois's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of La Société Industrielle et Financière de l'Artois's dividends as it is not paying a notable one for France.
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 La Société Industrielle et Financière de l'Artois's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 La Société Industrielle et Financière de l'Artois afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. La Société Industrielle et Financière de l'Artois 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.

ARTO Management

 What is the CEO of La Société Industrielle et Financière de l'Artois'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
François Laroze
COMPENSATION €892,663
AGE 55
CEO Bio

Mr. François Laroze has been the Chief Executive Officer of Financiere Moncey SA since 2013. He is Chief Executive Officer at La Société Industrielle et Financière de l'Artois. Mr. Laroze has been Chief Financial Officer of Havas SA since March 10, 2017 and served as its Financial Director from 2011 to March 10, 2017. Mr. Laroze serves as the Chief Financial Officer of Havas. He serves as Chief Executive Officer of Société Industrielle et Financière de l’Artois; Member of the Executive Board of Havas Media Africa; Chief Executive Officer and Member of the Executive Board of JC Decaux Bolloré Holding; Chief Executive Officer, representing Bolloré, of Compagnie Saint-Gabriel; Chief Executive Officer of Compagnie de Carantec, Financière de Plabennec, Bolloré Électricité, Compagnie de Port-Manech, Compagne de la Pointe d’Arradon, Bluetram, Compagnie de Lanmeur, Compagnie de Plomeur, Financière de Redon, Financière Arnil, Fiancière de Concarneau, Financière de l’aRgol, Financière du Letty, Financière de Nevez, Socfrance and Sofiporm; Chief Executive Officer of Hombard Publishing BV; Chief Executive Officer of Société MFG R&D (SA); Chief Executive Officer of Upside, UMT, Havas 05 and Havas 06 (SAS); Chief Executive Officer of Havas España, Habas Media Alliance WW and SL; Manager of Washington Printing LLC; and Deputy Chief Executive Officer of Havas Woldwide LLC. He has been the Chief Financial Officer at Havas Group since Janaury 1, 2014. He served as Managing Director of La Société Industrielle et Financière de l'Artois. Mr. Laroze served as Financial Director of Havas. Mr. Laroze joined Havas Media France in 2008 as Corporate Secretary and the Havas Group in 2011 as Financial Director. He served as Chief Executive Officer of La Société Industrielle et Financière de l'Artois. He serves as Director of Financière de Cézembre, LNA (SA), HA Pôle Resources Humaines (SA), MP 42, Société de Culture des Tabacs, Société Navale Caennaise, SAFA, Bolloré Énergie, Whaller, Havas España, Habas Media Alliance WW and SL He serves as Director of Havas Media France, Havas Woldwide Paris (SA), Providence (SA), African Investment Company SA, Emacon, Internacional de Desarrollo Portuarios SA, Movimientos Portuarios Internacionales SA, Progosa Investment SA, Sorebol SA, SNO Investments Ltd., SNO Lines Ltd., Elder Dempster Lines UK Bolloré Africa Logistics Senegal, Participaciones y gestión financier, Bolloré Africa Logistics Côte d’Ivoire, Havas Media Senegal, Havas Media Cameroun, Havas Media Côte d’Ivoire, Havas Media RDC, Havas Media Gabon, Havas Media Togo, Havas Media Belgium, Media Plannign Group SA, EMDS group SA, HR Gardens SA, HR Gardens Belgium SA, GR PO SA, Havas Shares Services Limited, Havas UK Limited and Data Communiqué Inc. He serves as Auditor of GIE FMS. Mr. Laroze serves as Member of the Supervisory Board of Havas 04 (SAS). He serves as member of the Supervisory Board of Société MFG R&D (SA). He is a Graduate of the Institut d’Etudes Politiques de Paris.

CEO Compensation
  • François's compensation has been consistent with company performance over the past year.
  • François's remuneration is about average for companies of similar size in France.
Management Team

François Laroze

TITLE
Chief Executive Officer
COMPENSATION
€893K
AGE
55

Xavier Roy

TITLE
Investor Relations Director

Emmanuel Fossorier

TITLE
Financial Communication Director
COMPENSATION
€3K
Board of Directors

Cédric de Bailliencourt

TITLE
Chairman
COMPENSATION
€1M
AGE
49

Vincent Bolloré

TITLE
Director
COMPENSATION
€3M
AGE
66

Cyrille Bolloré

TITLE
Director
COMPENSATION
€2M
AGE
33

Sébastien Bolloré

TITLE
Director
COMPENSATION
€407K
AGE
40
TENURE
7.9 yrs

Hubert Fabri

TITLE
Independent Director
COMPENSATION
€1M
AGE
66

Jean-Philippe Hottinguer

TITLE
Independent Director
COMPENSATION
€12K
AGE
80

Christophe Von Malaisé

TITLE
Independent Director
COMPENSATION
€5K
AGE
85

Céline Merle-Béral

TITLE
Director
COMPENSATION
€97K
AGE
49
TENURE
4.4 yrs

Olivier Roussel

TITLE
Independent Director
COMPENSATION
€64K
AGE
71

Philippe de Traux De Wardin

TITLE
Independent Director
COMPENSATION
€18K
AGE
67
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess La Société Industrielle et Financière de l'Artois'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. La Société Industrielle et Financière de l'Artois 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.

ARTO News

Simply Wall St News

Is La Société Industrielle et Financière de l'Artois's (EPA:ARTO) CEO Salary Justified?

See our latest analysis for La Société Industrielle et Financière de l'Artois How Does François Laroze's Compensation Compare With Similar Sized Companies? … At the time of writing our data says that La Société Industrielle et Financière de l'Artois has a market cap of €1.5b, and is paying total annual CEO compensation of €893k. … With a total shareholder return of 32% over three years, La Société Industrielle et Financière de l'Artois shareholders would, in general, be reasonably content.

Simply Wall St -

Did La Société Industrielle et Financière de l'Artois's Share Price Deserve to Gain 27%?

Unfortunately for shareholders, while the La Société Industrielle et Financière de l'Artois (EPA:ARTO) share price is up 27% in the last three years, that falls short of the market return. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, La Société Industrielle et Financière de l'Artois achieved compound earnings per share growth of 150% per year.

Simply Wall St -

Does La Société Industrielle et Financière de l'Artois (EPA:ARTO) Have A Volatile Share Price?

If you're interested in La Société Industrielle et Financière de l'Artois (EPA:ARTO), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

Simply Wall St -

La Société Industrielle et Financière de l'Artois (EPA:ARTO): Why Return On Capital Employed Is Important

and looking to gauge the potential return on investment in La Société Industrielle et Financière de l'Artois (EPA:ARTO). … Purchasing La Société Industrielle et Financière de l'Artois gives you an ownership stake in the company. … To understand La Société Industrielle et Financière de l'Artois’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

La Société Industrielle et Financière de l'Artois (EPA:ARTO): A Look At Return On Capital

and want to begin learning the link between La Société Industrielle et Financière de l'Artois (EPA:ARTO)’s return fundamentals and stock market performance. … Buying La Société Industrielle et Financière de l'Artois makes you a partial owner of the company. … Thus, to understand how your money can grow by investing in La Société Industrielle et Financière de l'Artois, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Is La Société Industrielle et Financière de l'Artois (EPA:ARTO) A Buy At Its Current PE Ratio?

and want to begin learning the link between La Société Industrielle et Financière de l'Artois (EPA:ARTO)’s fundamentals and stock market performance. … La Société Industrielle et Financière de l'Artois (EPA:ARTO) trades with a trailing P/E of 9.8x, which is lower than the industry average of 18.1x. … While ARTO might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

Why La Société Industrielle et Financière de l'Artois's (EPA:ARTO) Investor Composition Impacts Your Returns

See our latest analysis for La Société Industrielle et Financière de l'Artois ENXTPA:ARTO Ownership_summary May 5th 18 General Public Ownership The general public holds 4.26% stake in ARTO, which represents a relatively small class of owners. … With this size of ownership in ARTO, this ownership class can affect the company's business strategy. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A large shareholding of ARTO by the general public could mean higher market liquidity to buy and sell shares for retail investors, and also the potential to have more influence over company policies as a collective.

Simply Wall St -

Is La Société Industrielle et Financière de l'Artois (EPA:ARTO) As Strong As Its Balance Sheet Indicates?

Mid-caps stocks, like La Société Industrielle et Financière de l'Artois (ENXTPA:ARTO) with a market capitalization of €1.80B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. … Check out our latest analysis for La Société Industrielle et Financière de l'Artois Does ARTO generate an acceptable amount of cash through operations? … I recommend you continue to research La Société Industrielle et Financière de l'Artois to get a more holistic view of the stock by looking at: Historical Performance: What has ARTO's returns been like over the past?

Simply Wall St -

Why La Société Industrielle et Financière de l'Artois (EPA:ARTO) May Not Be As Efficient As Its Industry

Check out our latest analysis for La Société Industrielle et Financière de l'Artois Breaking down Return on Equity Return on Equity (ROE) weighs La Société Industrielle et Financière de l'Artois’s profit against the level of its shareholders’ equity. … La Société Industrielle et Financière de l'Artois’s cost of equity is 8.18%. … Some of La Société Industrielle et Financière de l'Artois’s peers may have a higher ROE but its cost of equity could exceed this return, leading to an unsustainable negative discrepancy i.e.

Simply Wall St -

Should You Be Tempted To Sell La Société Industrielle et Financière de l'Artois (EPA:ARTO) Because Of Its PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ARTO Price per share = €6600 Earnings per share = €45.92 ∴ Price-Earnings Ratio = €6600 ÷ €45.92 = 143.7x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you are inadvertently comparing riskier firms with ARTO, then ARTO’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

ARTO Company Info

Description

La Société Industrielle et Financière de l'Artois designs, manufactures, and markets terminals for transport networks. It offers multi-company air terminals, landmark terminals, and consulting terminals. The company is headquartered in Puteaux, France.

Details
Name: La Société Industrielle et Financière de l'Artois
ARTO
Exchange: ENXTPA
Founded:
€1,477,410,000
266,200
Website: http://www.sif-artois.com/fr-fr
Address: La Société Industrielle et Financière de l'Artois
31-32, quay of Dion Button,
Cedex,
Puteaux,
Ile-de-France, 92811,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ARTO Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
LSE 0JWM Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE ARTOP Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
720
La Société Industrielle et Financière de l'Artois employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 20:54
End of day share price update: 2019/05/16 00:00
Last earnings filing: 2019/04/29
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.