COGELEC (ALLEC.PA) Stock Fundamental Analysis
EPA:ALLEC - Euronext Paris - Matif - FR0013335742 - Common Stock - Currency: EUR
Taking everything into account, ALLEC scores 6 out of 10 in our fundamental rating. ALLEC was compared to 25 industry peers in the Communications Equipment industry. ALLEC has an excellent profitability rating, but there are some minor concerns on its financial health. ALLEC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ALLEC had positive earnings in the past year.
ALLEC had a positive operating cash flow in the past year.
ALLEC had negative earnings in 4 of the past 5 years.
Of the past 5 years ALLEC 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.77%, ALLEC belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
With an excellent Return On Equity value of 49.12%, ALLEC belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
ALLEC has a Return On Invested Capital of 6.02%. This is in the better half of the industry: ALLEC outperforms 76.00% of its industry peers.
ALLEC had an Average Return On Invested Capital over the past 3 years of 3.09%. This is below the industry average of 6.88%.
The last Return On Invested Capital (6.02%) for ALLEC is above the 3 year average (3.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 49.12% | ||
| ROIC | 6.02% |
ROA(3y)0.1%
ROA(5y)-2.18%
ROE(3y)-2.42%
ROE(5y)-12.77%
ROIC(3y)3.09%
ROIC(5y)N/A
1.3 Margins
ALLEC has a Profit Margin of 6.83%. This is amongst the best in the industry. ALLEC outperforms 92.00% of its industry peers.
Looking at the Operating Margin, with a value of 7.69%, ALLEC is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ALLEC has grown nicely.
Looking at the Gross Margin, with a value of 68.03%, ALLEC belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
In the last couple of years the Gross Margin of ALLEC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.69% | ||
| PM (TTM) | 6.83% | ||
| GM | 68.03% |
OM growth 3YN/A
OM growth 5Y53.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALLEC is destroying value.
ALLEC has less shares outstanding than it did 1 year ago.
ALLEC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALLEC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.43 indicates that ALLEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.43, ALLEC is doing good in the industry, outperforming 76.00% of the companies in the same industry.
The Debt to FCF ratio of ALLEC is 2.09, which is a good value as it means it would take ALLEC, 2.09 years of fcf income to pay off all of its debts.
ALLEC has a Debt to FCF ratio of 2.09. This is in the better half of the industry: ALLEC outperforms 76.00% of its industry peers.
ALLEC has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
ALLEC has a worse Debt to Equity ratio (1.60) than 76.00% of its industry peers.
Although ALLEC does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | 2.09 | ||
| Altman-Z | 2.43 |
ROIC/WACC0.85
WACC7.11%
2.3 Liquidity
ALLEC has a Current Ratio of 1.97. This is a normal value and indicates that ALLEC is financially healthy and should not expect problems in meeting its short term obligations.
ALLEC's Current ratio of 1.97 is fine compared to the rest of the industry. ALLEC outperforms 64.00% of its industry peers.
ALLEC has a Quick Ratio of 1.45. This is a normal value and indicates that ALLEC is financially healthy and should not expect problems in meeting its short term obligations.
ALLEC has a Quick ratio of 1.45. This is in the better half of the industry: ALLEC outperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1668.43% over the past year.
ALLEC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.50%.
Measured over the past years, ALLEC shows a quite strong growth in Revenue. The Revenue has been growing by 14.48% on average per year.
EPS 1Y (TTM)1668.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%360.73%
Revenue 1Y (TTM)10.5%
Revenue growth 3Y17.75%
Revenue growth 5Y14.48%
Sales Q2Q%12.42%
3.2 Future
ALLEC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 96.98% yearly.
Based on estimates for the next years, ALLEC will show a quite strong growth in Revenue. The Revenue will grow by 11.37% on average per year.
EPS Next Y407.14%
EPS Next 2Y147.85%
EPS Next 3Y96.98%
EPS Next 5YN/A
Revenue Next Year13.68%
Revenue Next 2Y12.18%
Revenue Next 3Y11.37%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 33.89, which means the current valuation is very expensive for ALLEC.
Compared to the rest of the industry, the Price/Earnings ratio of ALLEC indicates a somewhat cheap valuation: ALLEC is cheaper than 72.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.47, ALLEC is valued at the same level.
ALLEC is valuated rather expensively with a Price/Forward Earnings ratio of 20.66.
ALLEC's Price/Forward Earnings is on the same level as the industry average.
ALLEC is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.89 | ||
| Fwd PE | 20.66 |
4.2 Price Multiples
60.00% of the companies in the same industry are cheaper than ALLEC, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALLEC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.7 | ||
| EV/EBITDA | 16.3 |
4.3 Compensation for Growth
ALLEC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ALLEC has a very decent profitability rating, which may justify a higher PE ratio.
ALLEC's earnings are expected to grow with 96.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y147.85%
EPS Next 3Y96.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.49%, ALLEC has a reasonable but not impressive dividend return.
ALLEC's Dividend Yield is comparable with the industry average which is at 3.61.
ALLEC's Dividend Yield is slightly below the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ALLEC pays out 54.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP54.1%
EPS Next 2Y147.85%
EPS Next 3Y96.98%
COGELEC
EPA:ALLEC (2/4/2025, 7:00:00 PM)
18.3
-0.6 (-3.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners14.95%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap162.87M
Analysts40
Price Target13.57 (-25.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend0.29
Dividend Growth(5Y)N/A
DP54.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.89 | ||
| Fwd PE | 20.66 | ||
| P/S | 2.47 | ||
| P/FCF | 15.7 | ||
| P/OCF | 10.82 | ||
| P/B | 17.76 | ||
| P/tB | 151.51 | ||
| EV/EBITDA | 16.3 |
EPS(TTM)0.54
EY2.95%
EPS(NY)0.89
Fwd EY4.84%
FCF(TTM)1.17
FCFY6.37%
OCF(TTM)1.69
OCFY9.24%
SpS7.42
BVpS1.03
TBVpS0.12
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 49.12% | ||
| ROCE | 8.2% | ||
| ROIC | 6.02% | ||
| ROICexc | 10.55% | ||
| ROICexgc | 13.69% | ||
| OM | 7.69% | ||
| PM (TTM) | 6.83% | ||
| GM | 68.03% | ||
| FCFM | 15.72% |
ROA(3y)0.1%
ROA(5y)-2.18%
ROE(3y)-2.42%
ROE(5y)-12.77%
ROIC(3y)3.09%
ROIC(5y)N/A
ROICexc(3y)4.91%
ROICexc(5y)N/A
ROICexgc(3y)6.02%
ROICexgc(5y)N/A
ROCE(3y)4.21%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y58.61%
ROICexc growth 3YN/A
ROICexc growth 5Y62.58%
OM growth 3YN/A
OM growth 5Y53.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y2%
F-Score7
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | 2.09 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 101.19% | ||
| Cap/Sales | 7.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 155.29% | ||
| Profit Quality | 230.34% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 2.43 |
F-Score7
WACC7.11%
ROIC/WACC0.85
Cap/Depr(3y)92.07%
Cap/Depr(5y)96.82%
Cap/Sales(3y)7.56%
Cap/Sales(5y)8.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1668.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%360.73%
EPS Next Y407.14%
EPS Next 2Y147.85%
EPS Next 3Y96.98%
EPS Next 5YN/A
Revenue 1Y (TTM)10.5%
Revenue growth 3Y17.75%
Revenue growth 5Y14.48%
Sales Q2Q%12.42%
Revenue Next Year13.68%
Revenue Next 2Y12.18%
Revenue Next 3Y11.37%
Revenue Next 5YN/A
EBIT growth 1Y84.98%
EBIT growth 3YN/A
EBIT growth 5Y76.05%
EBIT Next Year329.03%
EBIT Next 3Y77.03%
EBIT Next 5YN/A
FCF growth 1Y4388.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y366.64%
OCF growth 3YN/A
OCF growth 5Y65.72%