ATEME SA (ATEME.PA) Stock Fundamental Analysis

EPA:ATEME • FR0011992700

6.6 EUR
+0.16 (+2.48%)
Last: Feb 20, 2026, 07:00 PM
Fundamental Rating

3

Overall ATEME gets a fundamental rating of 3 out of 10. We evaluated ATEME against 30 industry peers in the Communications Equipment industry. ATEME may be in some trouble as it scores bad on both profitability and health. ATEME has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year ATEME has reported negative net income.
  • In the past year ATEME had a positive cash flow from operations.
  • In the past 5 years ATEME reported 4 times negative net income.
  • In multiple years ATEME reported negative operating cash flow during the last 5 years.
ATEME.PA Yearly Net Income VS EBIT VS OCF VS FCFATEME.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 2M -2M 4M -4M 6M -6M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -0.40%, ATEME is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • ATEME has a Return On Equity (-1.32%) which is comparable to the rest of the industry.
  • ATEME has a Return On Invested Capital (2.61%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA -0.4%
ROE -1.32%
ROIC 2.61%
ROA(3y)-2.76%
ROA(5y)-1.47%
ROE(3y)-8.87%
ROE(5y)-4.9%
ROIC(3y)N/A
ROIC(5y)N/A
ATEME.PA Yearly ROA, ROE, ROICATEME.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • ATEME's Operating Margin of 1.96% is in line compared to the rest of the industry. ATEME outperforms 53.33% of its industry peers.
  • The Gross Margin of ATEME (60.47%) is better than 70.00% of its industry peers.
  • ATEME's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 1.96%
PM (TTM) N/A
GM 60.47%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.28%
GM growth 5Y1.27%
ATEME.PA Yearly Profit, Operating, Gross MarginsATEME.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATEME is destroying value.
  • Compared to 1 year ago, ATEME has more shares outstanding
  • ATEME has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ATEME has been reduced compared to a year ago.
ATEME.PA Yearly Shares OutstandingATEME.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
ATEME.PA Yearly Total Debt VS Total AssetsATEME.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • ATEME has an Altman-Z score of 1.89. This is not the best score and indicates that ATEME is in the grey zone with still only limited risk for bankruptcy at the moment.
  • ATEME has a Altman-Z score of 1.89. This is comparable to the rest of the industry: ATEME outperforms 53.33% of its industry peers.
  • The Debt to FCF ratio of ATEME is 21.54, which is on the high side as it means it would take ATEME, 21.54 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ATEME (21.54) is worse than 63.33% of its industry peers.
  • ATEME has a Debt/Equity ratio of 0.63. This is a neutral value indicating ATEME is somewhat dependend on debt financing.
  • ATEME has a Debt to Equity ratio of 0.63. This is in the lower half of the industry: ATEME underperforms 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 21.54
Altman-Z 1.89
ROIC/WACC0.38
WACC6.78%
ATEME.PA Yearly LT Debt VS Equity VS FCFATEME.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M

2.3 Liquidity

  • A Current Ratio of 1.41 indicates that ATEME should not have too much problems paying its short term obligations.
  • ATEME's Current ratio of 1.41 is on the low side compared to the rest of the industry. ATEME is outperformed by 60.00% of its industry peers.
  • A Quick Ratio of 1.30 indicates that ATEME should not have too much problems paying its short term obligations.
  • ATEME has a Quick ratio (1.30) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.41
Quick Ratio 1.3
ATEME.PA Yearly Current Assets VS Current LiabilitesATEME.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 95.05% over the past year.
  • ATEME shows a small growth in Revenue. In the last year, the Revenue has grown by 3.26%.
  • ATEME shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.11% yearly.
EPS 1Y (TTM)95.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%61.32%
Revenue 1Y (TTM)3.26%
Revenue growth 3Y5.87%
Revenue growth 5Y7.11%
Sales Q2Q%2.91%

3.2 Future

  • ATEME is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 53.47% yearly.
  • Based on estimates for the next years, ATEME will show a small growth in Revenue. The Revenue will grow by 5.95% on average per year.
EPS Next Y127.52%
EPS Next 2Y70.27%
EPS Next 3Y53.47%
EPS Next 5YN/A
Revenue Next Year1.33%
Revenue Next 2Y4.92%
Revenue Next 3Y5.95%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
ATEME.PA Yearly Revenue VS EstimatesATEME.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
ATEME.PA Yearly EPS VS EstimatesATEME.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for ATEME. In the last year negative earnings were reported.
  • ATEME is valuated correctly with a Price/Forward Earnings ratio of 13.08.
  • Based on the Price/Forward Earnings ratio, ATEME is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, ATEME is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 13.08
ATEME.PA Price Earnings VS Forward Price EarningsATEME.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100 -150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ATEME is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
  • 60.00% of the companies in the same industry are cheaper than ATEME, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 50.46
EV/EBITDA 17.3
ATEME.PA Per share dataATEME.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

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.
  • A more expensive valuation may be justified as ATEME's earnings are expected to grow with 53.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y70.27%
EPS Next 3Y53.47%

0

5. Dividend

5.1 Amount

  • No dividends for ATEME!.
Industry RankSector Rank
Dividend Yield 0%

ATEME SA

EPA:ATEME (2/20/2026, 7:00:00 PM)

6.6

+0.16 (+2.48%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)10-30
Earnings (Next)03-19
Inst Owners16.22%
Inst Owner ChangeN/A
Ins Owners30.48%
Ins Owner ChangeN/A
Market Cap76.49M
Revenue(TTM)94.68M
Net Income(TTM)-408.00K
Analysts84.44
Price Target10.2 (54.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)17.65%
PT rev (3m)17.65%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-49.15%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.06%
Revenue NY rev (3m)-3.06%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 13.08
P/S 0.81
P/FCF 50.46
P/OCF 33.32
P/B 2.48
P/tB 13.09
EV/EBITDA 17.3
EPS(TTM)-0.04
EYN/A
EPS(NY)0.5
Fwd EY7.65%
FCF(TTM)0.13
FCFY1.98%
OCF(TTM)0.2
OCFY3%
SpS8.17
BVpS2.66
TBVpS0.5
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.4%
ROE -1.32%
ROCE 3.6%
ROIC 2.61%
ROICexc 2.73%
ROICexgc 5.46%
OM 1.96%
PM (TTM) N/A
GM 60.47%
FCFM 1.6%
ROA(3y)-2.76%
ROA(5y)-1.47%
ROE(3y)-8.87%
ROE(5y)-4.9%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.28%
GM growth 5Y1.27%
F-Score5
Asset Turnover0.93
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 21.54
Debt/EBITDA 3.15
Cap/Depr 18.22%
Cap/Sales 0.82%
Interest Coverage 2.84
Cash Conversion 37.43%
Profit Quality N/A
Current Ratio 1.41
Quick Ratio 1.3
Altman-Z 1.89
F-Score5
WACC6.78%
ROIC/WACC0.38
Cap/Depr(3y)51.6%
Cap/Depr(5y)53.6%
Cap/Sales(3y)2.22%
Cap/Sales(5y)2.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)95.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%61.32%
EPS Next Y127.52%
EPS Next 2Y70.27%
EPS Next 3Y53.47%
EPS Next 5YN/A
Revenue 1Y (TTM)3.26%
Revenue growth 3Y5.87%
Revenue growth 5Y7.11%
Sales Q2Q%2.91%
Revenue Next Year1.33%
Revenue Next 2Y4.92%
Revenue Next 3Y5.95%
Revenue Next 5YN/A
EBIT growth 1Y127.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year310.99%
EBIT Next 3Y81.71%
EBIT Next 5YN/A
FCF growth 1Y162.03%
FCF growth 3YN/A
FCF growth 5Y-12.09%
OCF growth 1Y531.58%
OCF growth 3YN/A
OCF growth 5Y-6.11%

ATEME SA / ATEME.PA FAQ

What is the fundamental rating for ATEME stock?

ChartMill assigns a fundamental rating of 3 / 10 to ATEME.PA.


What is the valuation status of ATEME SA (ATEME.PA) stock?

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


How profitable is ATEME SA (ATEME.PA) stock?

ATEME SA (ATEME.PA) has a profitability rating of 2 / 10.