Declared Dividend • May 29
Dividend of €1.00 announced Dividend of €1.00 is the same as last year. Ex-date: 7th July 2026 Payment date: 9th July 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (196% earnings payout ratio). However, it is well covered by cash flows (35% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 118% to bring the payout ratio under control. EPS is expected to grow by 193% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • May 27
High number of new directors Director Emmanuel Fievet was the last director to join the board, commencing their role in 2026. Reported Earnings • Apr 14
Full year 2025 earnings released: EPS: €0.51 (vs €0.56 in FY 2024) Full year 2025 results: EPS: €0.51 (down from €0.56 in FY 2024). Revenue: €656.6m (up 7.4% from FY 2024). Net income: €7.40m (down 11% from FY 2024). Profit margin: 1.1% (down from 1.4% in FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Mar 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to €39.70. The fair value is estimated to be €50.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 7.9% in 2 years. Earnings are forecast to grow by 540% in the next 2 years. Reported Earnings • Mar 11
Full year 2025 earnings released Full year 2025 results: Revenue: €656.6m (up 7.4% from FY 2024). Net income: €7.40m (down 11% from FY 2024). Profit margin: 1.1% (down from 1.4% in FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Professional Services industry in the United Kingdom. Buy Or Sell Opportunity • Feb 11
Now 25% undervalued Over the last 90 days, the stock has risen 5.8% to €44.40. The fair value is estimated to be €59.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to grow by 511% in the next 2 years. Buy Or Sell Opportunity • Jan 16
Now 20% undervalued Over the last 90 days, the stock has risen 11% to €44.80. The fair value is estimated to be €56.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 516% in the next 2 years. Duyuru • Oct 30
Assystem S.A. Reaffirms Consolidated Earnings Guidance for Full Year 2025 Assystem S.A. reaffirmed consolidated earnings guidance for full year 2025. For the period, the company as previously announced, targets organic consolidated revenue growth of around 5%. Reported Earnings • Sep 19
First half 2025 earnings released: EPS: €0.33 (vs €0.35 in 1H 2024) First half 2025 results: EPS: €0.33 (down from €0.35 in 1H 2024). Revenue: €326.4m (up 8.3% from 1H 2024). Net income: €4.70m (down 9.6% from 1H 2024). Profit margin: 1.4% (down from 1.7% in 1H 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 01
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 08 July 2025. Payment date: 10 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.9%). Declared Dividend • Apr 24
Final dividend of €1.00 announced Shareholders will receive a dividend of €1.00. Ex-date: 16th July 2025 Payment date: 18th July 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 98% to bring the payout ratio under control. EPS is expected to grow by 180% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 20
Full year 2024 earnings released: EPS: €0.56 (vs €6.87 in FY 2023) Full year 2024 results: EPS: €0.56 (down from €6.87 in FY 2023). Revenue: €611.3m (up 5.9% from FY 2023). Net income: €8.30m (down 92% from FY 2023). Profit margin: 1.4% (down from 18% in FY 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • Apr 17
Assystem S.A., Annual General Meeting, May 23, 2025 Assystem S.A., Annual General Meeting, May 23, 2025. Location: 21 25 rue balzac, paris France Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €32.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.38 per share. Reported Earnings • Mar 19
Full year 2024 earnings released Full year 2024 results: Revenue: €611.3m (up 5.9% from FY 2023). Net income: €8.30m (down 92% from FY 2023). Profit margin: 1.4% (down from 18% in FY 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Professional Services industry in the United Kingdom. Duyuru • Mar 19
Assystem S.A. Proposes Ordinary Dividend for the Year 2024 Assystem S.A. at the Annual General Meeting to be held on 23 May 2025, will propose the payment of (stable) ordinary dividend of €1.0 per share for the year 2024 for approval by shareholders at the General Meeting. Buy Or Sell Opportunity • Feb 13
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to €42.95. The fair value is estimated to be €34.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to decline by 61% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €35.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.46 per share. New Risk • Dec 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 32% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Dec 31
Now 30% overvalued The stock has been flat over the last 90 days, currently trading at €47.55. The fair value is estimated to be €36.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 59% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €40.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €52.65 per share. Buy Or Sell Opportunity • Oct 25
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to €40.00. The fair value is estimated to be €52.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to decline by 52% in the next 2 years. Duyuru • Oct 25
Assystem S.A. to Report First Half, 2025 Results on Sep 16, 2025 Assystem S.A. announced that they will report first half, 2025 results on Sep 16, 2025 Duyuru • Oct 24
Assystem S.A. to Report Fiscal Year 2024 Results on Mar 18, 2025 Assystem S.A. announced that they will report fiscal year 2024 results on Mar 18, 2025 Buy Or Sell Opportunity • Aug 06
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €45.40. The fair value is estimated to be €58.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are forecast to decline by 23% per annum over the same time period. Buy Or Sell Opportunity • Jul 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.5% to €56.50. The fair value is estimated to be €46.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are forecast to decline by 26% per annum over the same time period. Declared Dividend • Jul 05
Final dividend of €5.50 announced Shareholders will receive a dividend of €5.50. Ex-date: 10th July 2024 Payment date: 12th July 2024 Dividend yield will be 22%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 54% over the next 3 years. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range. New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 28% 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 28% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Mar 14
Full year 2023 earnings released Full year 2023 results: Revenue: €577.5m (up 17% from FY 2022). Net income: €102.0m (up 191% from FY 2022). Profit margin: 18% (up from 7.1% in FY 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in the United Kingdom. Duyuru • Jan 25
Assystem S.A. (ENXTPA:ASY) acquired additional 5% stake Framatome from Electricité de France S.A. for €205 million. Assystem S.A. (ENXTPA:ASY) acquired additional 5% stake Framatome from Electricité de France S.A. for €205 million on January 24, 2024.Assystem S.A. (ENXTPA:ASY) completed the acquisition of additional 5% stake Framatome from Electricité de France S.A. on January 24, 2024. Duyuru • Oct 28
Assystem S.A. Provides Earnings Guidance for the Full Year 2023 Assystem S.A. provided earnings guidance for the full year 2023. For the year, the company expects consolidated revenue of around €570 million. Reported Earnings • Sep 15
First half 2023 earnings released: EPS: €1.36 (vs €1.26 in 1H 2022) First half 2023 results: EPS: €1.36 (up from €1.26 in 1H 2022). Revenue: €282.5m (up 17% from 1H 2022). Net income: €20.2m (up 8.0% from 1H 2022). Profit margin: 7.2% (down from 7.7% in 1H 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 14
Aassystem S.A. Provides Earnings Guidance for the Full Year 2023 Assystem S.A. provided earnings guidance for the full year 2023. For the year, company expects consolidated revenue of around €570 million. Duyuru • Jul 26
Assystem S.A. Provides Earnings Guidance for the Full Year 2023 Assystem S.A. provided earnings guidance for the full year 2023. For the year, company expects consolidated revenue of around €570 million. Upcoming Dividend • Jun 28
Upcoming dividend of €1.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (2.4%). Duyuru • Jun 06
Assystem S.A. Decides Dividend for the Financial Year 2022, Payable on 7 July 2023 Assystem S.A. confirmed that its Combined General Meeting was held on June 5, 2023, decided the payment of a dividend of €1.00 per share for the 2022 financial year. Ex-date is 5 July 2023 with record date on 6 July 2023 (after-market closure) and payment date is 7 July 2023. Reported Earnings • May 08
Full year 2022 earnings released: EPS: €2.37 (vs €2.03 in FY 2021) Full year 2022 results: EPS: €2.37 (up from €2.03 in FY 2021). Revenue: €493.5m (up 11% from FY 2021). Net income: €35.1m (up 17% from FY 2021). Profit margin: 7.1% (up from 6.7% in FY 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Professional Services industry in the United Kingdom. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: €2.37 (vs €2.13 in FY 2021) Full year 2022 results: EPS: €2.37 (up from €2.13 in FY 2021). Revenue: €493.5m (up 2.2% from FY 2021). Net income: €35.1m (up 11% from FY 2021). Profit margin: 7.1% (up from 6.5% in FY 2021). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Director Julie Louis was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jan 25
Assystem S.A. Announces Deputy CEO Changes with Effect from February 1, 2023 Assystem S.A. appointed Stéphane Aubarbier, currently Assystem’s Chief Operating Officer as Deputy CEO, effective 1 February 2023, and placed on record the resignation of Philippe Chevallier from his position as Deputy CEO, Finance of Assystem S.A., effective 1 February 2023. Reported Earnings • Sep 15
First half 2022 earnings released: EPS: €0 (vs €0.75 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €241.7m (down 4.6% from 1H 2021). Net income: €18.7m (up 69% from 1H 2021). Profit margin: 7.7% (up from 4.4% in 1H 2021). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Professional Services industry in the United Kingdom. Buying Opportunity • Sep 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.4%. The fair value is estimated to be €45.23, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Buying Opportunity • Aug 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €45.54, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Upcoming Dividend • Jun 29
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.2%). Higher than average of industry peers (2.2%). Buying Opportunity • Jun 02
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €46.35, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pierre Guenant was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: €2.13 (up from €1.47 loss in FY 2020). Revenue: €483.1m (up 2.4% from FY 2020). Net income: €31.5m (up €53.5m from FY 2020). Profit margin: 6.5% (up from net loss in FY 2020). Revenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 6.4%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Nov 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pierre Guenant was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pierre Guenant was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pierre Guenant was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 29
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 06 July 2021. Payment date: 08 July 2021. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.9%). Reported Earnings • Mar 18
Full year 2020 earnings released: €1.47 loss per share (vs €1.83 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €471.7m (down 5.2% from FY 2019). Net loss: €22.0m (down 180% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 18% share price gain to €28.95, the stock is trading at a trailing P/E ratio of 31.1x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 31x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years are 10%. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 18% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 30x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years are 4.8%. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 18% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 28.2x, up from the previous P/E ratio of 23.8x. This compares to an average P/E of 30x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 21% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 27.3x, up from the previous P/E ratio of 22.6x. This compares to an average P/E of 28x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years are 2.8%. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 21% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 27.6x, up from the previous P/E ratio of 22.9x. This compares to an average P/E of 30x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years are 2.9%. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 26% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 26.7x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 29x in the Professional Services industry in the United Kingdom. Total returns to shareholders over the past three years are 4.6%. Reported Earnings • Sep 23
First half earnings released Over the last 12 months the company has reported total profits of €13.5m, down 49% from the prior year. Total revenue was €480.5m over the last 12 months, up 1.2% from the prior year.