Delta Plus (ALDLT) AI Stock Analysis

• Market Cap: €307.82M
• Dividend Yield: 2.16%
• Average Volume (3M): 1.24K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.58
• Revenue Growth: -1.89%
• EPS Growth: -3.39%
• Country: FR
• Employees: 3,667
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 1.49
• Shares Outstanding: 7,358,708
• 10 Day Avg. Volume: 1,004
• 30 Day Avg. Volume: 1,242
• PEG Ratio: -0.74
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 1.03
• P/FCF Ratio: 14.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: €48.00 ▲(1.69% Upside)

Delta Plus's overall stock score is primarily driven by its strong valuation, indicating potential undervaluation and an attractive dividend yield. However, the financial performance is mixed, with recent declines in revenue and free cash flow posing challenges. Technical analysis suggests a bearish trend, which could impact short-term performance.

Positive Factors

Business Model Strength

The company's diversified revenue model, including direct sales and long-term contracts, provides a stable income stream and reduces dependency on any single market segment.

Innovation and Compliance

Commitment to innovation and compliance with safety standards enhances product appeal and customer retention, supporting long-term growth and market leadership.

Balance Sheet Health

A strong balance sheet with manageable leverage and positive return on equity provides financial stability and flexibility for future investments.

Negative Factors

Revenue Decline

Declining revenue suggests potential market share loss or demand issues, which could impact growth prospects and necessitate strategic adjustments.

Free Cash Flow Inconsistency

Inconsistent free cash flow indicates potential issues in capital allocation or operational efficiency, which may hinder investment capacity and financial health.

Operational Efficiency Concerns

Decreased EBIT margin points to rising operational costs or inefficiencies, which could pressure profitability unless addressed through cost management strategies.

Delta Plus Business Overview & Revenue Model

Company Description

Delta Plus (ALDLT) is a leading manufacturer and distributor of personal protective equipment (PPE) and safety solutions, serving a diverse range of industries including construction, manufacturing, and healthcare. Founded in France, the company specializes in producing a wide array of products such as helmets, gloves, eyewear, and workwear, all designed to enhance worker safety and compliance with regulatory standards. Delta Plus operates on a global scale, with a strong presence in Europe, Asia, and the Americas, and is committed to innovation and sustainability in its product offerings.

How the Company Makes Money

Delta Plus generates revenue primarily through the sale of its personal protective equipment and safety solutions. The company's revenue model is based on a multi-channel approach, which includes direct sales to businesses, distribution through wholesalers, and online sales. Key revenue streams include sales of helmets, gloves, safety footwear, and specialized workwear, with a focus on high-quality and compliant products. Additionally, Delta Plus benefits from strategic partnerships with distributors and retailers, enhancing its market reach and customer base. The company also invests in research and development to innovate new products, which can lead to increased sales and market share.

Delta Plus Financial Statement Overview

Summary

Delta Plus maintains a strong financial position with solid profitability and a stable balance sheet. However, recent declines in revenue and free cash flow pose challenges. The company should focus on revitalizing growth and improving cash flow consistency to ensure long-term success.

Income Statement

Delta Plus shows strong profitability with a consistent gross profit margin over the years, albeit with a slight decrease in revenue in the latest period. The net profit margin remains healthy. EBIT and EBITDA margins demonstrate efficient cost management, but a recent dip in EBIT margin suggests attention is needed in operational efficiency. Revenue growth has fluctuated, declining in the last year, which might be a concern for future top-line growth.

Balance Sheet

The company's balance sheet is fairly robust, featuring a moderate debt-to-equity ratio, indicating manageable leverage. Return on equity is positive, reflecting good shareholder value creation, although slightly reduced recently. The equity ratio suggests a strong capital structure, with a consistent portion of assets financed by equity, which provides stability.

Cash Flow

Cash flow analysis presents mixed results; while operating cash flow is positive, there is a notable absence of free cash flow in the latest period, contrasting with previous years. The operating cash flow to net income ratio suggests the company is converting profit into cash effectively, though inconsistency in free cash flow indicates potential capital allocation challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	393.98M	400.10M	420.56M	420.21M	344.21M	288.71M
Gross Profit	131.46M	221.60M	222.02M	216.89M	85.93M	151.03M
EBITDA	50.67M	57.41M	68.29M	64.20M	55.73M	48.46M
Net Income	29.63M	31.10M	37.97M	33.80M	32.44M	29.28M
Balance Sheet
Total Assets	519.13M	549.50M	520.48M	538.76M	445.59M	372.32M
Cash, Cash Equivalents and Short-Term Investments	31.19M	37.80M	41.32M	36.16M	55.53M	45.66M
Total Debt	194.41M	194.80M	196.64M	237.00M	175.38M	154.39M
Total Liabilities	261.79M	275.60M	277.54M	316.79M	250.45M	215.26M
Stockholders Equity	255.47M	272.50M	242.07M	222.23M	195.28M	157.29M
Cash Flow
Free Cash Flow	23.55M	29.04M	64.89M	13.44M	25.78M	45.02M
Operating Cash Flow	36.37M	43.59M	76.12M	23.88M	31.74M	48.52M
Investing Cash Flow	-23.25M	-23.84M	-10.83M	-66.03M	-22.68M	-55.34M
Financing Cash Flow	-14.16M	-22.93M	-56.31M	26.92M	-1.30M	35.58M

Delta Plus Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 47.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 47.2 is above the 20-day moving average (MA) of 47.18, above the 50-day MA of 46.15, and below the 200-day MA of 48.28, indicating a neutral trend. The MACD of 0.44 indicates Negative momentum. The RSI at 51.87 is Neutral, neither overbought nor oversold. The STOCH value of 34.38 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALDLT	66 Neutral	€307.82M	10.38	11.71%	2.16%	-1.89%	-3.39%
MRN	63 Neutral	€533.60M	10.76	6.15%	4.09%	0.23%	-35.65%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
WAGA	57 Neutral	€570.02M	-27.12	―	―	27.27%	-2.01%
JCQ	54 Neutral	€376.82M	41.12	1.38%	1.08%	-7.44%	85.42%
FGA	49 Neutral	€515.73M	134.29	-14.52%	―	7.63%	28.06%