Logo image of EXN.PA

Exclusive Networks SA (EXN.PA) Stock Fundamental Analysis

Europe - EPA:EXN - FR0014005DA7 - Common Stock

18.96 EUR
0 (0%)
Last: 2/28/2025, 7:00:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to EXN. EXN was compared to 69 industry peers in the IT Services industry. Both the profitability and the financial health of EXN get a neutral evaluation. Nothing too spectacular is happening here. EXN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

5

1. Profitability

1.1 Basic Checks

EXN had positive earnings in the past year.
In the past year EXN had a positive cash flow from operations.
In multiple years EXN reported negative net income over the last 5 years.
Each year in the past 5 years EXN had a positive operating cash flow.
EXN.PA Yearly Net Income VS EBIT VS OCF VS FCFEXN.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 0 50M 100M 150M 200M

1.2 Ratios

The Return On Assets of EXN (1.67%) is comparable to the rest of the industry.
The Return On Equity of EXN (5.85%) is comparable to the rest of the industry.
EXN's Return On Invested Capital of 7.01% is in line compared to the rest of the industry. EXN outperforms 49.33% of its industry peers.
EXN had an Average Return On Invested Capital over the past 3 years of 3.62%. This is significantly below the industry average of 11.46%.
The 3 year average ROIC (3.62%) for EXN is below the current ROIC(7.01%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.67%
ROE 5.85%
ROIC 7.01%
ROA(3y)0.63%
ROA(5y)0.26%
ROE(3y)2.27%
ROE(5y)0.96%
ROIC(3y)3.62%
ROIC(5y)2.69%
EXN.PA Yearly ROA, ROE, ROICEXN.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 0 2 -2 4

1.3 Margins

Looking at the Profit Margin, with a value of 2.50%, EXN is in line with its industry, outperforming 48.00% of the companies in the same industry.
In the last couple of years the Profit Margin of EXN has grown nicely.
Looking at the Operating Margin, with a value of 7.14%, EXN is in line with its industry, outperforming 54.67% of the companies in the same industry.
EXN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 31.55%, EXN is doing worse than 68.00% of the companies in the same industry.
In the last couple of years the Gross Margin of EXN has grown nicely.
Industry RankSector Rank
OM 7.14%
PM (TTM) 2.5%
GM 31.55%
OM growth 3Y57.14%
OM growth 5YN/A
PM growth 3Y188.68%
PM growth 5YN/A
GM growth 3Y30.27%
GM growth 5YN/A
EXN.PA Yearly Profit, Operating, Gross MarginsEXN.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 0 10 20 30

More info and screens

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), EXN is creating some value.
EXN has less shares outstanding than it did 1 year ago.
EXN has less shares outstanding than it did 5 years ago.
EXN has a better debt/assets ratio than last year.
EXN.PA Yearly Shares OutstandingEXN.PA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M
EXN.PA Yearly Total Debt VS Total AssetsEXN.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 1B 2B 3B

2.2 Solvency

EXN has an Altman-Z score of 1.34. This is a bad value and indicates that EXN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.34, EXN is doing worse than 70.67% of the companies in the same industry.
The Debt to FCF ratio of EXN is 3.64, which is a good value as it means it would take EXN, 3.64 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 3.64, EXN perfoms like the industry average, outperforming 54.67% of the companies in the same industry.
EXN has a Debt/Equity ratio of 0.57. This is a neutral value indicating EXN is somewhat dependend on debt financing.
EXN has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 3.64
Altman-Z 1.34
ROIC/WACC1
WACC6.98%
EXN.PA Yearly LT Debt VS Equity VS FCFEXN.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 1.15 indicates that EXN should not have too much problems paying its short term obligations.
EXN has a Current ratio (1.15) which is in line with its industry peers.
A Quick Ratio of 1.04 indicates that EXN should not have too much problems paying its short term obligations.
The Quick ratio of EXN (1.04) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.15
Quick Ratio 1.04
EXN.PA Yearly Current Assets VS Current LiabilitesEXN.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

More info and screens

5

3. Growth

3.1 Past

EXN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.85%, which is quite impressive.
EXN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 186.43% yearly.
The Revenue for EXN has decreased by -38.42% in the past year. This is quite bad
Measured over the past years, EXN shows a decrease in Revenue. The Revenue has been decreasing by -6.25% on average per year.
EPS 1Y (TTM)32.85%
EPS 3Y186.43%
EPS 5YN/A
EPS Q2Q%-14.22%
Revenue 1Y (TTM)-38.42%
Revenue growth 3Y-6.24%
Revenue growth 5YN/A
Sales Q2Q%-59.29%

3.2 Future

The Earnings Per Share is expected to grow by 18.84% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.79% on average over the next years. This is quite good.
EPS Next Y8.89%
EPS Next 2Y14.97%
EPS Next 3Y13.34%
EPS Next 5Y18.84%
Revenue Next Year-59.57%
Revenue Next 2Y-31.87%
Revenue Next 3Y-19.47%
Revenue Next 5Y8.79%

3.3 Evolution

The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
EXN.PA Yearly Revenue VS EstimatesEXN.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
EXN.PA Yearly EPS VS EstimatesEXN.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

EXN is valuated quite expensively with a Price/Earnings ratio of 30.58.
The rest of the industry has a similar Price/Earnings ratio as EXN.
EXN is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.65, which indicates a correct valuation of EXN.
Based on the Price/Forward Earnings ratio, EXN is valued a bit cheaper than 73.33% of the companies in the same industry.
EXN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.77.
Industry RankSector Rank
PE 30.58
Fwd PE 12.65
EXN.PA Price Earnings VS Forward Price EarningsEXN.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

EXN's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, EXN is valued a bit cheaper than the industry average as 61.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.07
EV/EBITDA 8.03
EXN.PA Per share dataEXN.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as EXN's earnings are expected to grow with 13.34% in the coming years.
PEG (NY)3.44
PEG (5Y)N/A
EPS Next 2Y14.97%
EPS Next 3Y13.34%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for EXN!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Exclusive Networks SA

EPA:EXN (2/28/2025, 7:00:00 PM)

18.96

0 (0%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)11-04 2024-11-04
Earnings (Next)03-25 2025-03-25/amc
Inst Owners15.66%
Inst Owner ChangeN/A
Ins Owners9.72%
Ins Owner ChangeN/A
Market Cap1.74B
Analysts73.33
Price Target23 (21.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP0%
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)-1.78%
PT rev (3m)-11.28%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.64%
EPS NY rev (3m)-7.55%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)1.52%
Valuation
Industry RankSector Rank
PE 30.58
Fwd PE 12.65
P/S 0.76
P/FCF 11.07
P/OCF 10.6
P/B 1.78
P/tB N/A
EV/EBITDA 8.03
EPS(TTM)0.62
EY3.27%
EPS(NY)1.5
Fwd EY7.9%
FCF(TTM)1.71
FCFY9.03%
OCF(TTM)1.79
OCFY9.44%
SpS24.89
BVpS10.64
TBVpS-4.87
PEG (NY)3.44
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.67%
ROE 5.85%
ROCE 9.38%
ROIC 7.01%
ROICexc 8.65%
ROICexgc 294.46%
OM 7.14%
PM (TTM) 2.5%
GM 31.55%
FCFM 6.88%
ROA(3y)0.63%
ROA(5y)0.26%
ROE(3y)2.27%
ROE(5y)0.96%
ROIC(3y)3.62%
ROIC(5y)2.69%
ROICexc(3y)4.35%
ROICexc(5y)3.18%
ROICexgc(3y)75.94%
ROICexgc(5y)52.32%
ROCE(3y)4.82%
ROCE(5y)3.59%
ROICexcg growth 3Y90.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y53.08%
ROICexc growth 5YN/A
OM growth 3Y57.14%
OM growth 5YN/A
PM growth 3Y188.68%
PM growth 5YN/A
GM growth 3Y30.27%
GM growth 5YN/A
F-Score7
Asset Turnover0.67
Health
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 3.64
Debt/EBITDA 2.34
Cap/Depr 9.72%
Cap/Sales 0.31%
Interest Coverage 5.82
Cash Conversion 69.79%
Profit Quality 275.44%
Current Ratio 1.15
Quick Ratio 1.04
Altman-Z 1.34
F-Score7
WACC6.98%
ROIC/WACC1
Cap/Depr(3y)8.19%
Cap/Depr(5y)6.85%
Cap/Sales(3y)0.27%
Cap/Sales(5y)0.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.85%
EPS 3Y186.43%
EPS 5YN/A
EPS Q2Q%-14.22%
EPS Next Y8.89%
EPS Next 2Y14.97%
EPS Next 3Y13.34%
EPS Next 5Y18.84%
Revenue 1Y (TTM)-38.42%
Revenue growth 3Y-6.24%
Revenue growth 5YN/A
Sales Q2Q%-59.29%
Revenue Next Year-59.57%
Revenue Next 2Y-31.87%
Revenue Next 3Y-19.47%
Revenue Next 5Y8.79%
EBIT growth 1Y61.39%
EBIT growth 3Y47.33%
EBIT growth 5YN/A
EBIT Next Year34.16%
EBIT Next 3Y18.63%
EBIT Next 5YN/A
FCF growth 1Y7.74%
FCF growth 3Y19.55%
FCF growth 5YN/A
OCF growth 1Y9.71%
OCF growth 3Y20.38%
OCF growth 5YN/A