Buy Or Sell Opportunity • Aug 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.0% to €6.50. The fair value is estimated to be €8.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to decline by 2.8% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. Buy Or Sell Opportunity • Jul 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.3% to €6.64. The fair value is estimated to be €8.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to decline by 2.8% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. Buy Or Sell Opportunity • Jun 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to €7.02. The fair value is estimated to be €8.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to decline by 2.8% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. Price Target Changed • Jun 17
Price target decreased by 14% to €8.80 Down from €10.20, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €6.90. Stock is down 10% over the past year. The company is forecast to post earnings per share of €0.37 for next year compared to €0.61 last year. Buy Or Sell Opportunity • Jun 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to €7.02. The fair value is estimated to be €8.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to decline by 2.8% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. Upcoming Dividend • May 26
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 02 June 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of French dividend payers (5.6%). In line with average of industry peers (4.1%). Major Estimate Revision • May 11
Consensus EPS estimates fall by 46% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €838.4m to €810.1m. EPS estimate also fell from €0.682 per share to €0.37 per share. Net income forecast to shrink 40% next year vs 20% growth forecast for Auto Components industry in France . Consensus price target broadly unchanged at €10.37. Share price was steady at €7.20 over the past week. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Tillkännagivande • Apr 16
Akwel SA, Annual General Meeting, May 21, 2026 Akwel SA, Annual General Meeting, May 21, 2026. Location: 975 route des burgondes, champfromier France Tillkännagivande • Apr 01
Akwel SA to Report First Half, 2026 Results on Sep 17, 2026 Akwel SA announced that they will report first half, 2026 results on Sep 17, 2026 New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Tillkännagivande • Feb 06
Akwel SA to Report Fiscal Year 2025 Results on Apr 02, 2026 Akwel SA announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Apr 02, 2026 Price Target Changed • Nov 09
Price target decreased by 11% to €10.23 Down from €11.45, the current price target is an average from 4 analysts. New target price is 23% above last closing price of €8.28. Stock is down 7.7% over the past year. The company is forecast to post earnings per share of €1.02 for next year compared to €0.91 last year. Tillkännagivande • Nov 08
Akwel SA Provides Consolidated Revenue Guidance for 2026 Akwel SA provided consolidated revenue guidance for 2026. Having concluded its budgetary process, the Group now anticipates a double-digit decline in its consolidated revenue for 2026. Buy Or Sell Opportunity • Nov 07
Now 21% undervalued Over the last 90 days, the stock has risen 2.5% to €8.28. The fair value is estimated to be €10.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.8%. Revenue is forecast to decline by 10% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Upcoming Dividend • Sep 25
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 02 October 2025. Payment date: 07 October 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (4.5%). New Risk • Sep 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin). Price Target Changed • Sep 23
Price target increased by 7.5% to €11.45 Up from €10.65, the current price target is an average from 4 analysts. New target price is 20% above last closing price of €9.54. Stock is down 1.2% over the past year. The company is forecast to post earnings per share of €1.00 for next year compared to €0.91 last year. Major Estimate Revision • Sep 19
Consensus EPS estimates increase by 42% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.385 to €0.546. Revenue forecast unchanged at €947.1m. Net income forecast to shrink 31% next year vs 27% growth forecast for Auto Components industry in France . Consensus price target of €10.58 unchanged from last update. Share price rose 21% to €9.56 over the past week. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €9.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Auto Components industry in France. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.92 per share. Major Estimate Revision • Jul 31
Consensus EPS estimates fall by 15%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €921.5m to €936.4m. EPS estimate fell from €0.451 to €0.385 per share. Net income forecast to shrink 54% next year vs 19% growth forecast for Auto Components industry in France . Consensus price target of €10.58 unchanged from last update. Share price rose 2.9% to €8.62 over the past week. Upcoming Dividend • Jun 23
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.5%). Major Estimate Revision • May 20
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.764 to €0.573 per share. Revenue forecast steady at €921.5m. Net income forecast to shrink 37% next year vs 20% growth forecast for Auto Components industry in France . Consensus price target broadly unchanged at €10.10. Share price fell 4.1% to €7.50 over the past week. Tillkännagivande • May 13
Akwel SA, Annual General Meeting, Jun 25, 2025 Akwel SA, Annual General Meeting, Jun 25, 2025. Location: 975 route des burgondes, champfromier France Major Estimate Revision • May 04
Consensus EPS estimates increase by 21% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.629 to €0.764. Revenue forecast steady at €921.5m. Net income forecast to shrink 16% next year vs 15% growth forecast for Auto Components industry in France . Consensus price target up from €9.77 to €10.03. Share price was steady at €7.56 over the past week. Declared Dividend • Apr 24
Dividend of €0.30 announced Dividend of €0.30 is the same as last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 17
Akwel SA, Annual General Meeting, May 22, 2025 Akwel SA, Annual General Meeting, May 22, 2025. Location: 975 route des burgondes, champfromier France Reported Earnings • Apr 06
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: €0.91 (down from €1.34 in FY 2023). Revenue: €989.0m (down 7.3% from FY 2023). Net income: €24.2m (down 32% from FY 2023). Profit margin: 2.4% (down from 3.3% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 3.1%. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Auto Components industry in France are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Apr 02
Akwel SA to Report First Half, 2025 Results on Sep 18, 2025 Akwel SA announced that they will report first half, 2025 results on Sep 18, 2025 Major Estimate Revision • Feb 10
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €1.16 to €0.939 per share. Revenue forecast steady at €1.00b. Net income forecast to shrink 40% next year vs 19% growth forecast for Auto Components industry in France . Consensus price target down from €12.40 to €9.83. Share price fell 11% to €7.03 over the past week. Buy Or Sell Opportunity • Feb 09
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to €7.16. The fair value is estimated to be €9.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 31%. Revenue is forecast to decline by 13% in 2 years. Earnings are forecast to decline by 29% in the next 2 years. Tillkännagivande • Feb 06
Akwel SA to Report Fiscal Year 2024 Results on Apr 03, 2025 Akwel SA announced that they will report fiscal year 2024 results at 5:40 PM, Central European Standard Time on Apr 03, 2025 Major Estimate Revision • Nov 12
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.04b to €1.00b. EPS estimate also fell from €1.33 per share to €1.16 per share. Net income forecast to shrink 15% next year vs 23% growth forecast for Auto Components industry in France . Consensus price target of €13.23 unchanged from last update. Share price fell 11% to €8.41 over the past week. New Risk • Nov 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Tillkännagivande • Nov 08
Akwel SA Provides Consolidated Revenue Guidance for the Year 2024 Akwel SA provided consolidated revenue guidance for the year 2024. Performance in the third quarter and current developments in the global automotive market are consistent with an expected decline in revenue for 2024, with the decline in SCR series activity before the planned production shutdown in 2025 (excluding SCR spare parts activity) adding to a difficult market situation. Reported Earnings • Sep 25
First half 2024 earnings released: EPS: €0.76 (vs €0.72 in 1H 2023) First half 2024 results: EPS: €0.76 (up from €0.72 in 1H 2023). Revenue: €528.8m (flat on 1H 2023). Net income: €20.2m (up 5.4% from 1H 2023). Profit margin: 3.8% (up from 3.6% in 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Auto Components industry in France. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Jul 30
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €1.48 to €1.33 per share. Revenue forecast steady at €1.05b. Net income forecast to shrink 1.3% next year vs 45% growth forecast for Auto Components industry in France . Consensus price target down from €17.27 to €15.33. Share price was steady at €10.86 over the past week. Price Target Changed • Jul 29
Price target decreased by 7.3% to €16.93 Down from €18.27, the current price target is an average from 3 analysts. New target price is 59% above last closing price of €10.64. Stock is down 35% over the past year. The company is forecast to post earnings per share of €1.34 for next year compared to €1.34 last year. Tillkännagivande • Jul 26
Akwel SA Provides Turnover Guidance for the Year 2024 Akwel SA provided turnover guidance for the year 2024. For the year, the company expects its turnover to remain stable for the current financial year. Upcoming Dividend • May 27
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of French dividend payers (5.1%). Lower than average of industry peers (3.7%). Major Estimate Revision • May 05
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €1.56 to €1.73. Revenue forecast steady at €1.07b. Net income forecast to grow 30% next year vs 38% growth forecast for Auto Components industry in France. Consensus price target broadly unchanged at €18.27. Share price rose 4.7% to €13.86 over the past week. Declared Dividend • Apr 17
Dividend of €0.30 announced Dividend of €0.30 is the same as last year. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 09
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: €1.34 (up from €0.41 in FY 2022). Revenue: €1.07b (up 7.7% from FY 2022). Net income: €35.7m (up 222% from FY 2022). Profit margin: 3.3% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 1.0% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Auto Components industry in France. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 05
Akwel SA Proposes Dividend for 2023 Akwel SA announced that the distribution of a dividend of €0.30 per share for 2023 will be proposed at the Annual General Meeting of Shareholders to be held on May 23, 2024. Buy Or Sell Opportunity • Feb 09
Now 23% undervalued Over the last 90 days, the stock has risen 16% to €16.54. The fair value is estimated to be €21.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Tillkännagivande • Nov 23
Akwel SA (ENXTPA:AKW) commences an Equity Buyback Plan, under the authorization approved on May 25, 2023. Akwel SA (ENXTPA:AKW) commences a share repurchases on November 13, 2023, under the program mandated by the shareholders in the Combined General Meeting held on May 25, 2023. As per the mandate, the company is authorized to repurchase its own shares in such a way that the total shares held will not exceed 10% of the total number of shares making up the share capital of the company. The unit purchase price must not exceed 50 euros. The purpose of the program is to ensure the operation of the company's securities market by an investment service provider, operating independently within the framework of a liquidity contract, to proceed with the possible cancellation of all or part of the shares thus repurchased and to implement any market practice that may be permitted by the regulations, and more generally to carry out any operation in compliance with the regulations in force. The authorization is granted for a period of 18 months from the day of this meeting, i.e. until November 25, 2024.
On July 27, 2023, the company announced a share repurchase program. Under the program, the company has signed a share buyback agreement with the investment service provider Gilbert Dupont to repurchase a maximum of €133.4 million, corresponding to a maximum purchase price of €50 per share and a maximum number of shares of 2,668,060. The purpose of the program is to cancel the shares thus redeemed, under the conditions provided for by law. Major Estimate Revision • Sep 23
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €1.32 to €1.48. Revenue forecast unchanged at €1.08b. Net income forecast to grow 253% next year vs 19% growth forecast for Auto Components industry in France. Consensus price target up from €19.18 to €19.68. Share price rose 4.9% to €15.88 over the past week. Price Target Changed • Sep 22
Price target increased by 8.6% to €19.68 Up from €18.13, the current price target is an average from 4 analysts. New target price is 24% above last closing price of €15.88. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of €1.48 for next year compared to €0.41 last year. Tillkännagivande • Jul 29
Akwel SA Provides Earnings Guidance for the Financial Year 2023 Akwel SA provided earnings guidance for the financial year 2023. For the year, the company expected around 10% revenue growth. Major Estimate Revision • May 11
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €1.27 to €0.952. Revenue forecast unchanged from €1.05b at last update. Net income forecast to grow 132% next year vs 18% growth forecast for Auto Components industry in France. Consensus price target down from €18.13 to €17.50. Share price was steady at €14.24 over the past week. Price Target Changed • May 10
Price target decreased by 8.3% to €17.50 Down from €19.08, the current price target is an average from 4 analysts. New target price is 21% above last closing price of €14.50. Stock is down 17% over the past year. The company is forecast to post earnings per share of €1.01 for next year compared to €0.41 last year. Major Estimate Revision • Apr 12
Consensus EPS estimates fall by 28% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €1.41 to €1.01 per share. Revenue forecast steady at €1.05b. Net income forecast to grow 76% next year vs 21% growth forecast for Auto Components industry in France. Consensus price target down from €19.08 to €18.33. Share price fell 4.3% to €13.20 over the past week. Major Estimate Revision • Feb 15
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from €0.841 to €0.938. Revenue forecast unchanged at €994.4m. Net income forecast to grow 106% next year vs 48% growth forecast for Auto Components industry in France. Consensus price target broadly unchanged at €22.58. Share price was steady at €16.10 over the past week. Tillkännagivande • Feb 10
Akwel SA Provides Financial Guidance for the Year 2022 and 2023 Akwel SA provided financial guidance for the year 2022 and 2023. As expected, the Group’s profitability was impacted by supply constraints and the difficulties in passing on the inflationary impacts recorded across all operating costs, with current operating income expected to fall by around 40% for 2022. For the 2023 financial year, in an environment in which visibility over the global automotive market remains very limited due to economic and geopolitical tensions, the company anticipates a slight increase in turnover. Major Estimate Revision • Nov 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €970.2m to €995.2m. EPS estimate fell from €1.09 to €0.97 per share. Net income forecast to grow 121% next year vs 55% growth forecast for Auto Components industry in France. Consensus price target broadly unchanged at €22.50. Share price was steady at €15.50 over the past week. Reported Earnings • Sep 26
First half 2022 earnings released: EPS: €0.07 (vs €1.42 in 1H 2021) First half 2022 results: EPS: €0.07 (down from €1.42 in 1H 2021). Revenue: €491.0m (flat on 1H 2021). Net income: €1.93m (down 95% from 1H 2021). Profit margin: 0.4% (down from 7.8% in 1H 2021). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in France. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Major Estimate Revision • Sep 21
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.50 to €1.24 per share. Revenue forecast steady at €970.2m. Net income forecast to shrink 35% next year vs 61% growth forecast for Auto Components industry in France . Consensus price target broadly unchanged at €24.13. Share price fell 7.8% to €15.40 over the past week. Price Target Changed • Jul 30
Price target decreased to €24.38 Down from €27.87, the current price target is an average from 4 analysts. New target price is 38% above last closing price of €17.62. Stock is down 27% over the past year. The company is forecast to post earnings per share of €1.50 for next year compared to €1.92 last year. Upcoming Dividend • Jun 01
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 08 June 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of French dividend payers (4.9%). Lower than average of industry peers (3.2%). Reported Earnings • Apr 11
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €922.5m (down 1.6% from FY 2020). Net income: €51.2m (down 40% from FY 2020). Profit margin: 5.6% (down from 9.1% in FY 2020). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the industry in France. Major Estimate Revision • Apr 09
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €969.5m to €1.09b. EPS estimate unchanged from €2.29 at last update. Auto Components industry in France expected to see average net income growth of 55% next year. Consensus price target of €29.00 unchanged from last update. Share price fell 9.1% to €17.90 over the past week. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 15% share price gain to €18.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Auto Components industry in France. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.57 per share. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €19.96, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Auto Components industry in France. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.77 per share. Buying Opportunity • Feb 22
Now 21% undervalued Over the last 90 days, the stock is up 4.2%. The fair value is estimated to be €28.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% per annum over the last 3 years. Earnings per share has grown by 11% per annum over the last 3 years. Buying Opportunity • Jan 24
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be €28.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% per annum over the last 3 years. Earnings per share has grown by 11% per annum over the last 3 years. Price Target Changed • Sep 28
Price target decreased to €29.33 Down from €35.07, the current price target is an average from 3 analysts. New target price is 29% above last closing price of €22.70. Stock is up 36% over the past year. Price Target Changed • Sep 24
Price target decreased to €33.00 Down from €35.73, the current price target is an average from 3 analysts. New target price is 46% above last closing price of €22.55. Stock is up 45% over the past year. Upcoming Dividend • Jun 01
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 08 June 2021. Payment date: 10 June 2021. Trailing yield: 1.6%. Lower than top quartile of French dividend payers (3.8%). Lower than average of industry peers (1.8%).