ENXTPA:COGEC

Stock Analysis Report

Executive Summary

Cogelec SA manufactures telephone intercoms and access control solutions under the Intratone, Hexact, and Kibolt brands.

Snowflake

Fundamentals

Exceptional growth potential with mediocre balance sheet.

Risks

  • Cogelec has significant price volatility in the past 3 months.
  • Cogelec is covered by less than 3 analysts.

Share Price & News

How has Cogelec's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.3%

ENXTPA:COGEC

-1.0%

FR Communications

-0.2%

FR Market


1 Year Return

-40.3%

ENXTPA:COGEC

-23.4%

FR Communications

3.1%

FR Market

COGEC underperformed the Communications industry which returned -21.8% over the past year.

COGEC underperformed the Market in France which returned 4.2% over the past year.


Share holder returns

COGECIndustryMarket
7 Day-2.3%-1.0%-0.2%
30 Day-5.5%0.8%4.8%
90 Day-17.0%-7.8%0.7%
1 Year-40.3%-40.3%-23.4%-23.4%6.6%3.1%
3 Yearn/a-44.4%-48.9%45.5%31.4%
5 Yearn/a-31.8%-48.5%58.0%34.7%

Price Volatility Vs. Market

How volatile is Cogelec's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Cogelec's share price is below the future cash flow value, and at a moderate discount (> 20%).

Cogelec's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Cogelec is loss making, we can't compare its value to the Europe Communications industry average.

Cogelec is loss making, we can't compare the value of its earnings to the France market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Cogelec, we can't assess if its growth is good value.


Price Based on Value of Assets

Cogelec is overvalued based on assets compared to the FR Communications industry average.


Next Steps

Future Growth

How is Cogelec expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

89.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Cogelec's revenue is expected to grow significantly at over 20% yearly.

Cogelec's earnings are expected to grow significantly at over 20% yearly.

Cogelec's revenue growth is expected to exceed the France market average.

Cogelec's earnings growth is expected to exceed the France market average.

Cogelec's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Cogelec is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Cogelec performed over the past 5 years?

-136.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Cogelec does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Cogelec's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Cogelec's 1-year growth to the Europe Communications industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Cogelec has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Cogelec has efficiently used its assets last year compared to the Europe Communications industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Cogelec improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Cogelec's financial position?


Financial Position Analysis

Cogelec is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Cogelec's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Cogelec's level of debt (26.8%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Cogelec's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (16.6%, less than 20% of total debt).

Cogelec is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 6.9x debt.


Next Steps

Dividend

What is Cogelec's current dividend yield, its reliability and sustainability?

81.20%

Current Dividend Yield


Dividend Yield and Payments Analysis

Cogelec's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.56%).

Cogelec's dividend is above the markets top 25% of dividend payers in France (4.51%).

It is too early to tell whether Cogelec has stable dividend payments.

Cogelec only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

No need to calculate the sustainability of Cogelec's dividends in 3 years as they are not expected to pay a notable one for France.


Next Steps

Management

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


CEO

Roger Leclerc (54yo)

0yrs

Tenure

0

Mr. Roger Leclerc serves as the Chairman and Chief Executive Officer at Cogelec SA. Mr. Leclerc has a technical background and worked in various companies between 1983 and 1989: he worked in mechanical des ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Roger Leclerc (54yo)

    Chairman of the Board & CEO

    • Tenure: 0yrs
  • Patrice Guyet (57yo)

    Director of Operations

    • Tenure: 0yrs
  • Valérie Morio (46yo)

    Head of Marketing & Communication

    • Tenure: 0yrs

Board Members

  • Roger Leclerc (54yo)

    Chairman of the Board & CEO

    • Tenure: 0yrs
  • Lydie Delebarre (45yo)

    Independent Director

    • Tenure: 0yrs
  • Patrick Fruneau (54yo)

    Director

    • Tenure: 0yrs
  • Patrice Guyet (57yo)

    Director of Operations

    • Tenure: 0yrs
  • Cecile Vacher

    Independent Director

    • Tenure: 0yrs

Company Information

Cogelec SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cogelec SA
  • Ticker: COGEC
  • Exchange: ENXTPA
  • Founded: 2000
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €61.574m
  • Shares outstanding: 8.90m
  • Website: https://www.cogelec.fr

Number of Employees


Location

  • Cogelec SA
  • 370 rue de Maunit
  • Mortagne-sur-Sevre
  • Pays de la Loire
  • 85290
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COGECENXTPA (Euronext Paris)YesCommon SharesFREURJun 2018

Biography

Cogelec SA manufactures telephone intercoms and access control solutions under the Intratone, Hexact, and Kibolt brands. Its products are used in the areas of collective housing, such as social or private, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:16
End of Day Share Price2019/09/16 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.