WE CONNECT (ALWEC.PA) Stock Fundamental Analysis

EPA:ALWEC • FR0013079092

25.8 EUR
-0.1 (-0.39%)
Last: Feb 26, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ALWEC. ALWEC was compared to 53 industry peers in the Electronic Equipment, Instruments & Components industry. ALWEC has an excellent profitability rating, but there are some minor concerns on its financial health. ALWEC has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year ALWEC was profitable.
  • In the past year ALWEC has reported a negative cash flow from operations.
  • ALWEC had positive earnings in each of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: ALWEC reported negative operating cash flow in multiple years.
ALWEC.PA Yearly Net Income VS EBIT VS OCF VS FCFALWEC.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M

1.2 Ratios

  • ALWEC has a Return On Assets of 4.87%. This is in the better half of the industry: ALWEC outperforms 71.70% of its industry peers.
  • ALWEC has a better Return On Equity (15.56%) than 90.57% of its industry peers.
  • The Return On Invested Capital of ALWEC (12.11%) is better than 90.57% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ALWEC is above the industry average of 7.30%.
  • The 3 year average ROIC (11.61%) for ALWEC is below the current ROIC(12.11%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.87%
ROE 15.56%
ROIC 12.11%
ROA(3y)4.83%
ROA(5y)4.61%
ROE(3y)16.56%
ROE(5y)16.93%
ROIC(3y)11.61%
ROIC(5y)12.85%
ALWEC.PA Yearly ROA, ROE, ROICALWEC.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 2.88%, ALWEC is in the better half of the industry, outperforming 64.15% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ALWEC has grown nicely.
  • The Operating Margin of ALWEC (3.89%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of ALWEC has remained more or less at the same level.
  • With a Gross Margin value of 10.59%, ALWEC is not doing good in the industry: 86.79% of the companies in the same industry are doing better.
  • ALWEC's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.89%
PM (TTM) 2.88%
GM 10.59%
OM growth 3Y-2.43%
OM growth 5Y-1.45%
PM growth 3Y-4.2%
PM growth 5Y11.15%
GM growth 3Y6.41%
GM growth 5Y3.57%
ALWEC.PA Yearly Profit, Operating, Gross MarginsALWEC.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ALWEC is creating some value.
  • The number of shares outstanding for ALWEC has been increased compared to 1 year ago.
  • The number of shares outstanding for ALWEC has been increased compared to 5 years ago.
  • Compared to 1 year ago, ALWEC has an improved debt to assets ratio.
ALWEC.PA Yearly Shares OutstandingALWEC.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500K 1M 1.5M 2M 2.5M
ALWEC.PA Yearly Total Debt VS Total AssetsALWEC.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

  • ALWEC has an Altman-Z score of 3.01. This indicates that ALWEC is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of ALWEC (3.01) is comparable to the rest of the industry.
  • ALWEC has a debt to FCF ratio of 3.55. This is a good value and a sign of high solvency as ALWEC would need 3.55 years to pay back of all of its debts.
  • ALWEC's Debt to FCF ratio of 3.55 is fine compared to the rest of the industry. ALWEC outperforms 66.04% of its industry peers.
  • A Debt/Equity ratio of 0.36 indicates that ALWEC is not too dependend on debt financing.
  • The Debt to Equity ratio of ALWEC (0.36) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 3.55
Altman-Z 3.01
ROIC/WACC1.61
WACC7.5%
ALWEC.PA Yearly LT Debt VS Equity VS FCFALWEC.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • ALWEC has a Current Ratio of 1.69. This is a normal value and indicates that ALWEC is financially healthy and should not expect problems in meeting its short term obligations.
  • ALWEC has a Current ratio (1.69) which is in line with its industry peers.
  • ALWEC has a Quick Ratio of 1.69. This is a bad value and indicates that ALWEC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.86, ALWEC is not doing good in the industry: 64.15% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.69
Quick Ratio 0.86
ALWEC.PA Yearly Current Assets VS Current LiabilitesALWEC.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 9.01% over the past year.
  • The Earnings Per Share has been growing by 24.99% on average over the past years. This is a very strong growth
  • Looking at the last year, ALWEC shows a very strong growth in Revenue. The Revenue has grown by 39.30%.
  • Measured over the past years, ALWEC shows a quite strong growth in Revenue. The Revenue has been growing by 14.13% on average per year.
EPS 1Y (TTM)9.01%
EPS 3Y4.26%
EPS 5Y24.99%
EPS Q2Q%66.14%
Revenue 1Y (TTM)39.3%
Revenue growth 3Y11.34%
Revenue growth 5Y14.13%
Sales Q2Q%45.39%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ALWEC.PA Yearly Revenue VS EstimatesALWEC.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

4. Valuation

4.1 Price/Earnings Ratio

  • ALWEC is valuated cheaply with a Price/Earnings ratio of 7.46.
  • 98.11% of the companies in the same industry are more expensive than ALWEC, based on the Price/Earnings ratio.
  • ALWEC is valuated cheaply when we compare the Price/Earnings ratio to 27.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.46
Fwd PE N/A
ALWEC.PA Price Earnings VS Forward Price EarningsALWEC.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • 69.81% of the companies in the same industry are more expensive than ALWEC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.59
EV/EBITDA N/A
ALWEC.PA Per share dataALWEC.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • ALWEC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2YN/A
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

  • ALWEC has a Yearly Dividend Yield of 1.63%. Purely for dividend investing, there may be better candidates out there.
  • ALWEC's Dividend Yield is a higher than the industry average which is at 1.57.
  • ALWEC's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.63%

5.2 History

  • The dividend of ALWEC is nicely growing with an annual growth rate of 9.23%!
Dividend Growth(5Y)9.23%
Div Incr Years0
Div Non Decr Years3
ALWEC.PA Yearly Dividends per shareALWEC.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

  • ALWEC pays out 11.61% of its income as dividend. This is a sustainable payout ratio.
  • ALWEC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.61%
EPS Next 2YN/A
EPS Next 3YN/A
ALWEC.PA Yearly Income VS Free CF VS DividendALWEC.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M
ALWEC.PA Dividend Payout.ALWEC.PA Dividend Payout, showing the Payout Ratio.ALWEC.PA Dividend Payout.PayoutRetained Earnings

WE CONNECT

EPA:ALWEC (2/26/2026, 7:00:00 PM)

25.8

-0.1 (-0.39%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners2.4%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap76.63M
Revenue(TTM)354.79M
Net Income(TTM)10.23M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.63%
Yearly Dividend0.39
Dividend Growth(5Y)9.23%
DP11.61%
Div Incr Years0
Div Non Decr Years3
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 7.46
Fwd PE N/A
P/S 0.22
P/FCF 11.59
P/OCF N/A
P/B 1.17
P/tB 1.23
EV/EBITDA N/A
EPS(TTM)3.46
EY13.41%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.23
FCFY8.63%
OCF(TTM)-1.5
OCFYN/A
SpS119.46
BVpS22.12
TBVpS21.01
PEG (NY)N/A
PEG (5Y)0.3
Graham Number41.5
Profitability
Industry RankSector Rank
ROA 4.87%
ROE 15.56%
ROCE 15.17%
ROIC 12.11%
ROICexc 14.74%
ROICexgc 15.42%
OM 3.89%
PM (TTM) 2.88%
GM 10.59%
FCFM 1.86%
ROA(3y)4.83%
ROA(5y)4.61%
ROE(3y)16.56%
ROE(5y)16.93%
ROIC(3y)11.61%
ROIC(5y)12.85%
ROICexc(3y)20.97%
ROICexc(5y)70.44%
ROICexgc(3y)22.16%
ROICexgc(5y)167.39%
ROCE(3y)16.5%
ROCE(5y)17.71%
ROICexgc growth 3Y-24.26%
ROICexgc growth 5Y-14.83%
ROICexc growth 3Y-22.71%
ROICexc growth 5Y-13.68%
OM growth 3Y-2.43%
OM growth 5Y-1.45%
PM growth 3Y-4.2%
PM growth 5Y11.15%
GM growth 3Y6.41%
GM growth 5Y3.57%
F-Score3
Asset Turnover1.69
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 3.55
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 3.12%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 64.68%
Current Ratio 1.69
Quick Ratio 0.86
Altman-Z 3.01
F-Score3
WACC7.5%
ROIC/WACC1.61
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.45%
Cap/Sales(5y)0.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.01%
EPS 3Y4.26%
EPS 5Y24.99%
EPS Q2Q%66.14%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)39.3%
Revenue growth 3Y11.34%
Revenue growth 5Y14.13%
Sales Q2Q%45.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y29.65%
EBIT growth 3Y8.64%
EBIT growth 5Y12.47%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-38.04%
FCF growth 3YN/A
FCF growth 5Y-23.78%
OCF growth 1Y-139.44%
OCF growth 3YN/A
OCF growth 5Y-13.75%

WE CONNECT / ALWEC.PA FAQ

Can you provide the ChartMill fundamental rating for WE CONNECT?

ChartMill assigns a fundamental rating of 5 / 10 to ALWEC.PA.


What is the valuation status for ALWEC stock?

ChartMill assigns a valuation rating of 4 / 10 to WE CONNECT (ALWEC.PA). This can be considered as Fairly Valued.


What is the profitability of ALWEC stock?

WE CONNECT (ALWEC.PA) has a profitability rating of 7 / 10.


Can you provide the financial health for ALWEC stock?

The financial health rating of WE CONNECT (ALWEC.PA) is 5 / 10.


How sustainable is the dividend of WE CONNECT (ALWEC.PA) stock?

The dividend rating of WE CONNECT (ALWEC.PA) is 6 / 10 and the dividend payout ratio is 11.61%.