Hoffmann Green Cement Technologies SA (ALHGR) AI Stock Analysis

• Market Cap: €75.30M
• Dividend Yield: N/A
• Average Volume (3M): 13.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: 76.56%
• EPS Growth: 13.26%
• Country: FR
• Employees: 57
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -0.57
• Shares Outstanding: 16,448,992
• 10 Day Avg. Volume: 12,212
• 30 Day Avg. Volume: 13,283
• PEG Ratio: 0.44
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 6.06
• P/FCF Ratio: -6.37
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: €4.50 ▲(13.92% Upside)

The score is primarily constrained by weak financial performance—continued losses and negative operating/free cash flow despite strong revenue growth. Technicals are supportive with price above major moving averages, but overbought indicators raise near-term risk. Valuation is pressured by negative earnings and no stated dividend yield.

Positive Factors

High Revenue Growth

A >20x revenue increase demonstrates clear commercial traction for the company’s products and validates market demand for low‑carbon cement. Sustained top‑line growth supports future scale economics, improves bargaining power with buyers, and creates a path to absorb fixed costs and improve margins over time.

Proprietary Low‑Carbon Technology

Owning differentiated low‑carbon cement tech provides a durable competitive barrier as construction shifts to sustainable materials. It supports long‑term customer lock‑in, potential licensing and partnerships, and positions the company to benefit from tightening environmental regulations and green procurement programs.

Moderate Leverage & Cash Buffer

A moderate debt load (D/E ~0.40) and an existing cash buffer give financial flexibility to scale operations and absorb near‑term losses without immediate distress. This balance sheet profile supports continued investment in capacity and commercialization while limiting short‑term refinancing pressure.

Negative Factors

Negative Profitability

Persistently negative gross, EBITDA and net margins mean the business is not yet converting revenue into sustainable profits. Continued unprofitability forces reliance on external funding, delays reinvestment, and raises the risk that scale alone may not resolve unit economics without structural margin improvement.

Cash Burn and Negative FCF

Negative operating and free cash flow indicate the company needs external financing to sustain operations and growth. This cash burn increases dilution or leverage risk, constrains self‑funded capex and execution, and heightens vulnerability to tighter financing conditions or higher borrowing costs over the medium term.

Decreasing Equity Ratio

A declining equity ratio reflects rising liabilities versus assets and a weakening solvency buffer. Over time this trend can elevate funding costs, amplify refinancing and covenant risks, and reduce strategic flexibility—especially problematic if operating losses and cash burn persist.

Hoffmann Green Cement Technologies SA Business Overview & Revenue Model

Company Description

Hoffmann Green Cement Technologies Société anonyme designs, produces, distributes, and markets low carbon cements. It also offers concrete solutions. The company was founded in 2014 and is headquartered in Rives de l'Yon, France.

How the Company Makes Money

Hoffmann Green Cement Technologies generates revenue through the sale of its eco-friendly cement products to construction companies and developers looking to comply with sustainability regulations and reduce their carbon emissions. The company's revenue model includes direct sales, long-term supply contracts, and potential licensing agreements for their proprietary technology. Key revenue streams are bolstered by partnerships with construction firms and participation in government and private sector projects that prioritize green building materials. Additionally, Hoffmann Green may benefit from incentives or subsidies aimed at promoting low-carbon technologies in the construction industry.

Hoffmann Green Cement Technologies SA Financial Statement Overview

Summary

Hoffmann Green Cement Technologies SA shows potential in revenue growth but faces significant challenges in profitability and cash flow. The balance sheet is moderately strong, supported by equity, but the company must manage its cash burn and leverage effectively to achieve sustainable growth.

Income Statement

The company exhibits a strong revenue growth trajectory, with total revenue increasing from €604,100 in 2023 to €13,248,000 in 2024, reflecting a significant growth rate. However, profitability is a concern as both gross profit margin and net profit margin are negative, indicating the company is not yet profitable. EBIT and EBITDA margins are also negative, pointing to ongoing operational challenges.

Balance Sheet

The balance sheet shows a relatively strong equity base, with a debt-to-equity ratio of approximately 0.40, indicating moderate leverage. However, the equity ratio has been decreasing, signaling increasing liabilities relative to assets. The company has maintained a substantial cash position, although it has decreased over time, which could support future operations.

Cash Flow

Operating cash flow is negative, and the free cash flow trend is also negative, indicating the company is currently burning cash. This is a significant risk factor. The operating cash flow to net income ratio is unfavorable, suggesting that earnings are not translating into cash flows. The company has been reliant on financing activities to fund its operations and investments.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.25M	6.04M	2.22M	2.38M	504.00K
Gross Profit	-588.00K	2.45M	-6.04M	-4.25M	-4.21M
EBITDA	-358.00K	-3.95M	-6.33M	-4.71M	-6.18M
Net Income	-4.97M	-7.86M	-6.74M	-5.56M	-6.12M
Balance Sheet
Total Assets	96.27M	96.56M	107.68M	115.86M	85.07M
Cash, Cash Equivalents and Short-Term Investments	4.80M	13.28M	30.25M	56.70M	46.27M
Total Debt	24.92M	20.18M	24.52M	24.71M	15.81M
Total Liabilities	33.78M	29.53M	32.99M	34.46M	20.43M
Stockholders Equity	62.48M	67.03M	74.69M	81.40M	64.64M
Cash Flow
Free Cash Flow	-12.60M	-12.84M	-24.94M	-18.52M	-10.39M
Operating Cash Flow	-8.32M	-5.23M	-6.83M	-6.63M	-4.82M
Investing Cash Flow	-4.26M	-7.59M	-18.65M	-13.39M	4.19M
Financing Cash Flow	4.10M	-4.14M	-982.00K	30.45M	5.99M

Hoffmann Green Cement Technologies SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALHGR, the sentiment is Positive. The current price of 3.95 is below the 20-day moving average (MA) of 4.16, below the 50-day MA of 4.09, and below the 200-day MA of 4.51, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 66.70 is Neutral, neither overbought nor oversold. The STOCH value of 76.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALHGR.

Hoffmann Green Cement Technologies SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCT	78 Outperform	€3.49B	12.97	9.78%	2.66%	-3.29%	0.92%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ALHRG	58 Neutral	€61.80M	-3.44	―	8.60%	-45.62%	-174.71%
ALCRB	57 Neutral	€188.29M	-5.14	-19.12%	―	90.91%	-22.05%
NK	56 Neutral	€2.13B	-12.60	-5.29%	6.28%	-7.71%	-451.19%
ALHGR	47 Neutral	€75.30M	-8.18	-14.10%	―	76.56%	13.26%