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. While ALLEC has a great profitability rating, 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.
In the past 5 years ALLEC reported 4 times negative net income.
Of the past 5 years ALLEC 4 years had a positive operating cash flow.
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.
Looking at the Return On Equity, with a value of 49.12%, ALLEC belongs to the top of the industry, outperforming 95.83% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.02%, ALLEC is doing good in the industry, outperforming 79.17% of the companies in the same industry.
ALLEC had an Average Return On Invested Capital over the past 3 years of 3.09%. This is below the industry average of 7.29%.
The 3 year average ROIC (3.09%) for ALLEC is below the current ROIC(6.02%), indicating increased profibility in the last year.
| 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 83.33% of its industry peers.
ALLEC's Operating Margin of 7.69% is fine compared to the rest of the industry. ALLEC outperforms 66.67% of its industry peers.
ALLEC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 68.03%, ALLEC belongs to the top of the industry, outperforming 83.33% 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.
Compared to 1 year ago, ALLEC has less shares outstanding
The number of shares outstanding for ALLEC has been reduced compared to 5 years ago.
ALLEC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.74 indicates that ALLEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.74, ALLEC is in the better half of 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 Debt to FCF ratio of 2.09. This is in the better half of the industry: ALLEC outperforms 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.
ALLEC has a worse Debt to Equity ratio (1.60) than 75.00% 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 | 2.74 |
ROIC/WACC0.79
WACC7.59%
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 has a better Current ratio (1.97) than 62.50% 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 70.83% 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 1668.31% 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
ALLEC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 96.98% yearly.
ALLEC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.90% yearly.
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
With a Price/Earnings ratio of 43.89, ALLEC can be considered very expensive at the moment.
Based on the Price/Earnings ratio, ALLEC is valued a bit cheaper than 62.50% of the companies in the same industry.
ALLEC's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.22.
Based on the Price/Forward Earnings ratio of 27.39, the valuation of ALLEC can be described as expensive.
ALLEC's Price/Forward Earnings ratio is in line with the industry average.
ALLEC's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.89 | ||
| Fwd PE | 27.39 |
4.2 Price Multiples
ALLEC's Enterprise Value to EBITDA is on the same level as the industry average.
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 | 20.33 | ||
| EV/EBITDA | 20.76 |
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%.
ALLEC's Dividend Yield is comparable with the industry average which is at 3.65.
With a Dividend Yield of 1.19, ALLEC pays less dividend than the S&P500 average, which is at 2.44.
| 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 (5/2/2025, 7:00:00 PM)
23.7
+0.54 (+2.33%)
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 Cap210.93M
Analysts40
Price Target18.87 (-20.38%)
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 | 43.89 | ||
| Fwd PE | 27.39 | ||
| P/S | 3.2 | ||
| P/FCF | 20.33 | ||
| P/OCF | 14.02 | ||
| P/B | 23 | ||
| P/tB | 196.21 | ||
| EV/EBITDA | 20.76 |
EPS(TTM)0.54
EY2.28%
EPS(NY)0.87
Fwd EY3.65%
FCF(TTM)1.17
FCFY4.92%
OCF(TTM)1.69
OCFY7.13%
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 | 2.74 |
F-Score7
WACC7.59%
ROIC/WACC0.79
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%