COGELEC (ALLEC.PA) Stock Fundamental Analysis
EPA:ALLEC - Euronext Paris - Matif - FR0013335742 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to ALLEC. ALLEC was compared to 24 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
In the past year ALLEC was profitable.
In the past year ALLEC had a positive cash flow from operations.
ALLEC had negative earnings in 4 of the past 5 years.
ALLEC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ALLEC has a Return On Assets of 4.77%. This is amongst the best in the industry. ALLEC outperforms 83.33% of its industry peers.
With an excellent Return On Equity value of 49.12%, ALLEC belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
ALLEC's Return On Invested Capital of 6.02% is fine compared to the rest of the industry. ALLEC outperforms 79.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALLEC is below the industry average of 7.29%.
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's Profit Margin of 6.83% is amongst the best of the industry. ALLEC outperforms 83.33% 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 66.67% of the companies in the same industry.
ALLEC's Operating Margin has improved in the last couple of years.
ALLEC's Gross Margin of 68.03% is amongst the best of the industry. ALLEC outperforms 83.33% of its industry peers.
ALLEC's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALLEC is destroying value.
ALLEC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALLEC has less shares outstanding
The debt/assets ratio for ALLEC has been reduced compared to a year ago.
2.2 Solvency
ALLEC has an Altman-Z score of 2.67. This is not the best score and indicates that ALLEC is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.67, ALLEC is doing good in the industry, outperforming 79.17% 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 better Debt to FCF ratio (2.09) than 79.17% 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.
With a Debt to Equity ratio value of 1.60, ALLEC is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
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 | 2.67 |
ROIC/WACC0.8
WACC7.56%
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.
With a decent Current ratio value of 1.97, ALLEC is doing good in the industry, outperforming 62.50% of the companies in the same industry.
A Quick Ratio of 1.45 indicates that ALLEC should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.45, ALLEC is doing good in the industry, outperforming 70.83% of the companies in the same industry.
| 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 1668.31% 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)1668.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%361.01%
Revenue 1Y (TTM)10.5%
Revenue growth 3Y17.75%
Revenue growth 5Y14.48%
Sales Q2Q%12.42%
3.2 Future
The Earnings Per Share is expected to grow by 96.98% on average over the next years. This is a very strong growth
Based on estimates for the next years, ALLEC will show a quite strong growth in Revenue. The Revenue will grow by 12.90% on average per year.
EPS Next Y357.14%
EPS Next 2Y144.95%
EPS Next 3Y96.98%
EPS Next 5YN/A
Revenue Next Year13.22%
Revenue Next 2Y13.66%
Revenue Next 3Y12.9%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ALLEC is valuated quite expensively with a Price/Earnings ratio of 42.58.
Based on the Price/Earnings ratio, ALLEC is valued a bit cheaper than 62.50% of the companies in the same industry.
ALLEC is valuated rather expensively when we compare the Price/Earnings ratio to 28.98, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 26.58, ALLEC can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as ALLEC.
When comparing the Price/Forward Earnings ratio of ALLEC to the average of the S&P500 Index (21.38), we can say ALLEC is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.58 | ||
| Fwd PE | 26.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALLEC is on the same level as its industry peers.
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 | 19.72 | ||
| EV/EBITDA | 19.74 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as ALLEC's earnings are expected to grow with 96.98% in the coming years.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y144.95%
EPS Next 3Y96.98%
5. Dividend
5.1 Amount
ALLEC has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
ALLEC's Dividend Yield is comparable with the industry average which is at 3.65.
Compared to an average S&P500 Dividend Yield of 2.46, ALLEC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
54.10% of the earnings are spent on dividend by ALLEC. This is a bit on the high side, but may be sustainable.
DP54.1%
EPS Next 2Y144.95%
EPS Next 3Y96.98%
EPA:ALLEC (4/29/2025, 7:00:00 PM)
22.995
+1 (+4.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners17.61%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap204.66M
Analysts40
Price Target18.87 (-17.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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)19.35%
PT rev (3m)39.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-7.25%
EPS NY rev (3m)-9.86%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.58 | ||
| Fwd PE | 26.58 | ||
| P/S | 3.1 | ||
| P/FCF | 19.72 | ||
| P/OCF | 13.6 | ||
| P/B | 22.31 | ||
| P/tB | 190.38 | ||
| EV/EBITDA | 19.74 |
EPS(TTM)0.54
EY2.35%
EPS(NY)0.87
Fwd EY3.76%
FCF(TTM)1.17
FCFY5.07%
OCF(TTM)1.69
OCFY7.35%
SpS7.42
BVpS1.03
TBVpS0.12
PEG (NY)0.12
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 | 2.67 |
F-Score7
WACC7.56%
ROIC/WACC0.8
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)1668.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%361.01%
EPS Next Y357.14%
EPS Next 2Y144.95%
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 Year13.22%
Revenue Next 2Y13.66%
Revenue Next 3Y12.9%
Revenue Next 5YN/A
EBIT growth 1Y84.98%
EBIT growth 3YN/A
EBIT growth 5Y76.05%
EBIT Next Year319.36%
EBIT Next 3Y82.36%
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%