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Catana Group SA (FR:ALCAT)
:ALCAT
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Catana Group SA (ALCAT) AI Stock Analysis

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FR:ALCAT

Catana Group SA

(ALCAT)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
€2.00
▼(-30.56% Downside)
Action:Downgraded
Date:02/19/26
The score is held back primarily by weakening financial performance in 2025 and recurring negative free cash flow, alongside a clear bearish technical trend. These risks are partially offset by a very low P/E and a high dividend yield, which improve the valuation profile.
Positive Factors
Brand & Distribution
Owning the Catana and Bali brands and selling via an established dealer/distributor network creates a durable go-to-market advantage. It supports order flow, localized customer service and after-sales parts revenue, helping sustain demand and pricing over multiple quarters.
Negative Factors
Sharp 2025 Revenue and Margin Decline
A ~22% revenue decline with material margin compression points to weakened demand, pricing pressure or adverse mix. Such a pronounced cyclical swing erodes internal cash generation and may take multiple quarters to reverse, limiting reinvestment and strategic optionality.
Read all positive and negative factors
Positive Factors
Negative Factors
Brand & Distribution
Owning the Catana and Bali brands and selling via an established dealer/distributor network creates a durable go-to-market advantage. It supports order flow, localized customer service and after-sales parts revenue, helping sustain demand and pricing over multiple quarters.
Read all positive factors

Catana Group SA (ALCAT) vs. iShares MSCI France ETF (EWQ)

Catana Group SA Business Overview & Revenue Model

Company Description
S.A. Catana Group specializes in the design, manufacturing, and worldwide distribution of recreational vessels. The company's product line prominently features catamarans, which are sold under their distinct CATANA and Bali brand names. Founded in...
How the Company Makes Money
Catana Group makes money primarily by selling new multihull boats (catamarans), generating revenue when completed vessels are delivered to customers. A significant portion of sales is typically executed through a dealership/distributor network, wh...

Catana Group SA Financial Statement Overview

Summary
Income statement strength through 2021–2024 was offset by a sharp 2025 downturn (revenue down ~22% with meaningful margin compression). The balance sheet remains manageable but leverage increased recently. Cash flow is the key weakness, with negative free cash flow in 2024 and 2025 raising flexibility and earnings-quality concerns.
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
32
Negative
BreakdownTTMAug 2025Aug 2024Aug 2023Aug 2022Aug 2021
Income Statement
Total Revenue175.90M174.90M229.50M207.33M148.57M101.77M
Gross Profit11.23M18.00M130.18M112.20M84.46M60.71M
EBITDA15.65M24.10M47.38M34.55M29.01M18.97M
Net Income5.98M11.80M29.68M19.35M15.90M14.13M
Balance Sheet
Total Assets232.26M230.93M225.89M210.34M176.44M114.06M
Cash, Cash Equivalents and Short-Term Investments36.59M42.66M50.17M63.14M67.16M45.58M
Total Debt52.20M60.74M44.91M25.43M24.40M27.43M
Total Liabilities131.87M125.83M126.23M130.44M113.17M61.09M
Stockholders Equity97.59M100.84M93.55M72.81M59.16M50.30M
Cash Flow
Free Cash Flow9.90M-13.68M-11.83M2.48M32.39M12.44M
Operating Cash Flow26.27M6.14M13.24M13.46M37.39M18.64M
Investing Cash Flow-23.87M-21.18M-25.84M-9.84M-5.50M-5.86M
Financing Cash Flow4.21M3.55M-381.00K-7.66M-10.31M-2.10M

Catana Group SA Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.88
Price Trends
50DMA
2.28
Negative
100DMA
2.34
Negative
200DMA
2.56
Negative
Market Momentum
MACD
-0.06
Positive
RSI
32.23
Neutral
STOCH
3.70
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALCAT, the sentiment is Negative. The current price of 2.88 is above the 20-day moving average (MA) of 2.20, above the 50-day MA of 2.28, and above the 200-day MA of 2.56, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 32.23 is Neutral, neither overbought nor oversold. The STOCH value of 3.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALCAT.

Catana Group SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
56
Neutral
€62.63M10.0813.33%6.23%-14.15%-70.94%
50
Neutral
€499.28M-11.69-2.73%17.79%-17.96%-179.36%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:ALCAT
Catana Group SA
2.04
-1.28
-38.48%
FR:BEN
Beneteau
6.08
-1.83
-23.14%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 19, 2026