La Forestière Equatoriale SA, through its subsidiary, Sitarail, operates a railway network that transports people and goods between Ivory Coast and Burkina Faso. More Details
Worrying balance sheet with weak fundamentals.
Share Price & News
How has La Forestière Equatoriale's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine FORE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine FORE's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how FORE performed against the French Transportation industry.
Return vs Market: Insufficient data to determine how FORE performed against the French Market.
Long-Term Price Volatility Vs. Market
How volatile is La Forestière Equatoriale's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StWould La Forestière Equatoriale (EPA:FORE) Be Better Off With Less Debt?
11 months ago | Simply Wall StDoes La Forestière Equatoriale (EPA:FORE) Have A Healthy Balance Sheet?
1 year ago | Simply Wall StIs La Forestière Equatoriale (EPA:FORE) A Risky Investment?
Is La Forestière Equatoriale undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FORE (€655) is trading above our estimate of fair value (€308.14)
Significantly Below Fair Value: FORE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FORE is unprofitable, so we can't compare its PE Ratio to the XE Transportation industry average.
PE vs Market: FORE 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 FORE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FORE is overvalued based on its PB Ratio (15.6x) compared to the FR Transportation industry average (1.4x).
How is La Forestière Equatoriale forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as La Forestière Equatoriale has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has La Forestière Equatoriale performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FORE is currently unprofitable.
Growing Profit Margin: FORE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FORE is unprofitable, and losses have increased over the past 5 years at a rate of 27.9% per year.
Accelerating Growth: Unable to compare FORE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FORE is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-24.9%).
Return on Equity
High ROE: FORE has a negative Return on Equity (-26.09%), as it is currently unprofitable.
How is La Forestière Equatoriale's financial position?
Financial Position Analysis
Short Term Liabilities: FORE's short term assets (CFA19.4B) do not cover its short term liabilities (CFA57.8B).
Long Term Liabilities: FORE's short term assets (CFA19.4B) exceed its long term liabilities (CFA3.3B).
Debt to Equity History and Analysis
Debt Level: FORE's debt to equity ratio (438%) is considered high.
Reducing Debt: FORE's debt to equity ratio has increased from 13.3% to 438% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if FORE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FORE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is La Forestière Equatoriale current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FORE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FORE'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 FORE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FORE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FORE is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FORE's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Eric Melet (53 yo)
Eric Melet serves as Chaiman and Chief General at La Forestière Equatoriale SA since March 2021 and also served as General Manager since March 23, 2017 until March 2021.
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Eric's total compensation is reasonable compared to companies of similar size in the French market.
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
Experienced Board: FORE's board of directors are seasoned and experienced ( 12.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
La Forestière Equatoriale SA's company bio, employee growth, exchange listings and data sources
- Name: La Forestière Equatoriale SA
- Ticker: FORE
- Exchange: ENXTPA
- Founded: NaN
- Industry: Railroads
- Sector: Transportation
- Market Cap: €92.573m
- Shares outstanding: 141.33k
- Website: https://www.forestiere-equatoriale.com/fr-fr
Number of Employees
- La Forestière Equatoriale SA
- Avenue Christiani
- Treichville 01 BP 37
- Ivory Coast
La Forestière Equatoriale SA, through its subsidiary, Sitarail, operates a railway network that transports people and goods between Ivory Coast and Burkina Faso. It offers transport and logistics services ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 19:13|
|End of Day Share Price||2021/04/29 00:00|
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.