SPIE SA: The trend should regain its rights

Real time

Euronext Paris

11:15:54 04/10/2024

Varies. 5j.

Varia. Jan 1

34,30 ^EUR

+0,18 %

-3,49 %

+21,20 %

Entrance course	Objective	Stop	Potential
34,52 €	37,5 €	33 €	+8,63 %

SPIE SA has interesting technical arguments to anticipate a resumption of the underlying trend.

Synthesis

● The company has solid fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

● Generally speaking and from a short-term perspective, the company presents an interesting fundamental situation.

● The company has a good ESG score compared to its sector, according to Refinitiv.

Points forts

● Fundamentally, with an “enterprise value to turnover” ratio of around 0.74 for the current financial year, the company appears poorly valued.

● The company is poorly valued given the cash flows generated by its activity.

● Over the past year, analysts have regularly revised their revenue estimates for the company upwards.

● Analysts are positive on the stock. The average consensus recommends buying or overweighting the stock.

● The Gap between current prices and the average price target of the analysts covering the issue is relatively large and implies significant upside potential.

● The analysts’ price targets are all relatively close, reflecting good visibility regarding the company’s valuation.

Weak points

● The company’s profitability before interest, taxes, depreciation and amortization characterizes fragile margins.

● The margins generated by the company are relatively low.

This content constitutes an investment recommendation of a general nature, developed in accordance with the provisions aimed at preventing market abuse by the company Surperformance, publisher of Zonebourse.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete and balanced opinion. It is based on internal or external data, considered reliable at the date of their distribution. Notwithstanding, this information, and this resulting recommendation, may contain inaccuracies, errors or omissions, for which Surperformance cannot be held responsible.

This recommendation, which in no way constitutes investment advice, is not necessarily suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which he assumes full responsibility, without recourse against Surperformance.

Surperformance undertakes to disclose any conflict of interest that may affect the objectivity of its recommendations.

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SPIE SA specializes in providing multi-technical services in the fields of electrical, mechanical and climate engineering, communication systems as well as specialized services linked to energy. The group ensures the design, construction, operation and maintenance of energy-efficient and environmentally friendly installations. The geographical distribution of turnover is as follows: France (37.6%), Germany (28.1%), Europe (29.6%) and others (4.7%).

More information about the company

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