ENXTPA:COGEC

Stock Analysis Report

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Executive Summary

Cogelec SA manufactures intercoms and access control solutions for residential apartment buildings and single-family dwellings. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: COGEC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

COGEC

0.2%

FR Communications

-5.2%

FR Market


1 Year Return

-8.3%

COGEC

48.0%

FR Communications

-9.5%

FR Market

Return vs Industry: COGEC underperformed the French Communications industry which returned 45.9% over the past year.

Return vs Market: COGEC exceeded the French Market which returned -9.8% over the past year.


Shareholder returns

COGECIndustryMarket
7 Day-1.9%0.2%-5.2%
30 Day3.3%8.4%-3.5%
90 Day19.2%18.4%-1.4%
1 Year-8.3%-8.3%48.0%48.0%-7.5%-9.5%
3 Yearn/a-17.8%-18.0%4.3%-4.7%
5 Yearn/a-40.9%-57.9%36.7%18.0%

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 compared to its fair value and its price relative to the market?

3.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: COGEC (€6.28) is trading above our estimate of fair value (€3.64)

Significantly Below Fair Value: COGEC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: COGEC is unprofitable, so we can't compare its PE Ratio to the FR Communications industry average.

PE vs Market: COGEC is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate COGEC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: COGEC is overvalued based on its PB Ratio (3.5x) compared to the FR Communications industry average (1.7x).


Next Steps

Future Growth

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

88.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COGEC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).

Earnings vs Market: COGEC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: COGEC's is expected to become profitable in the next 3 years.

Revenue vs Market: COGEC's revenue (19.7% per year) is forecast to grow faster than the French market (6.7% per year).

High Growth Revenue: COGEC's revenue (19.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COGEC's Return on Equity is forecast to be high in 3 years time (27.4%)


Next Steps

Past Performance

How has Cogelec performed over the past 5 years?

-66.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COGEC is currently unprofitable.

Growing Profit Margin: COGEC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: COGEC is unprofitable, and losses have increased over the past 5 years at a rate of 66.8% per year.

Accelerating Growth: Unable to compare COGEC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: COGEC is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (6.1%).


Return on Equity

High ROE: COGEC has a negative Return on Equity (-18.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cogelec's financial position?


Financial Position Analysis

Short Term Liabilities: COGEC's short term assets (€39.9M) exceed its short term liabilities (€14.7M).

Long Term Liabilities: COGEC's short term assets (€39.9M) exceed its long term liabilities (€30.1M).


Debt to Equity History and Analysis

Debt Level: COGEC's debt to equity ratio (48.9%) is considered high.

Reducing Debt: Insufficient data to determine if COGEC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: COGEC's debt is well covered by operating cash flow (50%).

Interest Coverage: Insufficient data to determine if COGEC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate COGEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate COGEC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if COGEC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if COGEC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: COGEC is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of COGEC's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Roger Leclerc (54 yo)

no data

Tenure

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 ...


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

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: €54.358m
  • Shares outstanding: 8.77m
  • Website: https://www.cogelec.fr

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COGECENXTPA (Euronext Paris)YesCommon SharesFREURJun 2018
5TLDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2018
COGECPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJun 2018

Biography

Cogelec SA manufactures intercoms and access control solutions for residential apartment buildings and single-family dwellings. Its serves collective housing, such as social or private, parking, etc.; indi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/24 03:34
End of Day Share Price2020/09/23 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.