Want to see FR:ALDLT full AI Analyst Report?
Top Page
Delta Plus
(ALDLT)
Select Model
Select Model
Rating:61Neutral
Price Target:
€40.00
▼(-18.20% Downside)
Action:Downgraded
Date:05/14/26
The score is anchored by generally healthy financials (cash flow strength and improving leverage) and a reasonable valuation, but is held back by clear technical weakness and recent margin compression alongside a slowing top-line.
Positive Factors
Free Cash Flow Strength
Consistently positive free cash flow, with a sharp rebound in 2025 and coverage of ~72% of earnings, underpins durable self‑funding for capex, dividends and debt reduction. Strong FCF improves financial flexibility and resilience across cycles, supporting reinvestment and strategic optionality.
Negative Factors
Slowing Revenue Trend
A recent top-line stall and slight decline reduce operating leverage and limit scope for scale-driven margin recovery. Slower revenue growth makes it harder to fund growth initiatives internally and could pressure market share if competitors invest more aggressively or consolidate distribution.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Consistently positive free cash flow, with a sharp rebound in 2025 and coverage of ~72% of earnings, underpins durable self‑funding for capex, dividends and debt reduction. Strong FCF improves financial flexibility and resilience across cycles, supporting reinvestment and strategic optionality.
Read all positive factors
Delta Plus (ALDLT) vs. iShares MSCI France ETF (EWQ)
Market Cap
€257.71M
Dividend Yield2.1%
Average Volume (3M)1.24K
Price to Earnings (P/E)9.7
Beta (1Y)0.69
Revenue Growth-2.61%
EPS Growth-12.52%
CountryFR
Employees3,748
SectorGeneral
Sector StrengthN/A
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)3.70
Shares Outstanding7,358,708
10 Day Avg. Volume1,004
30 Day Avg. Volume1,242
Financial Highlights & Ratios
PEG Ratio-1.01
Price to Book (P/B)1.32
Price to Sales (P/S)0.93
P/FCF Ratio9.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)3.99
Revenue Forecast (FY)€408.87M
Delta Plus Business Overview & Revenue Model
Company Description
Delta Plus Group engages in design, manufacture, and distribution of a range of personal protective equipment worldwide. It provides head protection products, including eyewear, skull, hearing, and respiratory protection products, as well as cut, ...
How the Company Makes Money
Delta Plus makes money primarily by selling occupational safety and PPE products to professional customers (e.g., industrial firms, construction companies, and safety-product distributors). Revenue is generated through (1) product sales across its...
Delta Plus Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
68
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 389.60M | 400.10M | 420.56M | 420.21M | 344.21M |
| Gross Profit | 76.55M | 221.60M | 222.02M | 216.89M | 85.93M |
| EBITDA | 59.37M | 57.41M | 68.29M | 64.20M | 55.73M |
| Net Income | 27.20M | 31.10M | 37.97M | 33.80M | 32.44M |
Balance Sheet | |||||
| Total Assets | 556.60M | 549.50M | 520.48M | 538.76M | 445.59M |
| Cash, Cash Equivalents and Short-Term Investments | 37.10M | 37.80M | 41.32M | 36.16M | 55.53M |
| Total Debt | 207.30M | 194.80M | 196.64M | 237.00M | 175.38M |
| Total Liabilities | 281.10M | 275.60M | 277.54M | 316.79M | 250.45M |
| Stockholders Equity | 274.10M | 272.50M | 242.07M | 222.23M | 195.28M |
Cash Flow | |||||
| Free Cash Flow | 39.18M | 29.04M | 64.89M | 13.44M | 25.78M |
| Operating Cash Flow | 54.71M | 43.59M | 76.12M | 23.88M | 31.74M |
| Investing Cash Flow | -34.56M | -23.84M | -10.83M | -66.03M | -22.68M |
| Financing Cash Flow | -19.84M | -22.93M | -56.31M | 26.92M | -1.30M |
Delta Plus Technical Analysis
Neutral
48.90
Price Trends
35.85
Positive
38.99
Negative
42.98
Negative
Market Momentum
0.12
Negative
58.14
Neutral
75.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALDLT, the sentiment is Neutral. The current price of 48.9 is above the 20-day moving average (MA) of 34.29, above the 50-day MA of 35.85, and above the 200-day MA of 42.98, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 58.14 is Neutral, neither overbought nor oversold. The STOCH value of 75.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:ALDLT.
Delta Plus Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | €728.64M | 14.00 | 7.79% | 6.54% | -3.45% | -43.87% | |
61 Neutral | €257.71M | 9.73 | 11.22% | 2.10% | -2.61% | -12.52% | |
61 Neutral | €134.03M | -34.56 | ― | 3.00% | -12.33% | -113.67% | |
57 Neutral | €639.00M | 32.76 | 7.52% | 1.76% | -8.67% | -36.71% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €64.67M | -1.77 | -10.74% | 9.91% | -20.01% | -336.58% | |
46 Neutral | €1.82B | -15.48 | -11.30% | 3.79% | -20.86% | -1028.49% |
* General Sector Average
FR:ALDLT
Delta Plus
36.00
-18.57
-34.03%
FR:EXE
EXEL INDUSTRIES
19.70
-23.94
-54.86%
FR:FRVIA
Forvia
8.98
-0.97
-9.71%
FR:PIG
Haulotte
2.14
-0.45
-17.37%
FR:LSS
Lectra SA
16.82
-7.83
-31.77%
FR:MTU
Manitou BF
19.18
-2.05
-9.67%
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.