Groupe Okwind (ALOKW) AI Stock Analysis

• Market Cap: €4.08M
• Dividend Yield: N/A
• Average Volume (3M): 12.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.34
• Revenue Growth: -48.74%
• EPS Growth: -323.89%
• Country: FR
• Employees: 195
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.81
• Shares Outstanding: 8,261,466
• 10 Day Avg. Volume: 8,999
• 30 Day Avg. Volume: 12,189
• PEG Ratio: 0.07
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 0.70
• P/FCF Ratio: 8.32
• 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: 56 Neutral
• Price Target: €0.45 ▼(-59.19% Downside)

Overall score reflects a stable balance sheet and improving cash generation, offset by recent revenue contraction and net losses. Technicals are a key drag, with the price below major moving averages and a negative MACD; valuation is also constrained by a negative P/E and no dividend yield data.

Positive Factors

High Gross Margin

A 54% gross margin in 2024 shows robust unit economics for core wind and solar products. Durable high gross margins provide a buffer to absorb SG&A or R&D spending, support sustained cash generation, and allow competitive pricing flexibility across project cycles.

Improved Cash Generation

Positive operating cash flow and a shift to positive free cash flow indicate better cash conversion and working capital management. Sustainable FCF enables funding of installations, maintenance and selective capex without reliance on frequent equity raises, improving financial resilience.

Moderate Leverage / Solid Equity

A debt-to-equity of 0.67 and a ~47% equity ratio reflect a balanced capital structure, giving the company flexibility to finance project pipelines and competitive bids for long-term contracts while retaining capacity to absorb delays or cost overruns without excessive refinancing pressure.

Negative Factors

Sharp Revenue Decline

A near 49% revenue contraction materially reduces scale and weakens pricing leverage. Persistent top-line decline increases per-unit fixed cost absorption, undermines long-term competitiveness in bidding for large projects, and heightens the need for new contract wins to restore growth.

Net Loss / Negative EPS Trend

Deep negative EPS growth and an outright net loss erode ROE and retained earnings, constraining reinvestment capacity. Continued losses limit the company's ability to self-fund growth or meet large-scale tender requirements without external financing, raising dilution/refinancing risk.

Deteriorating Operating Margins

Worsening EBIT/EBITDA margins and a negative net margin point to structural operational pressures. If margin compression stems from competitive pricing or rising costs, the company faces a sustained hit to profitability and cash flow unless it improves operational efficiency or rebalances its product mix.

Groupe Okwind Business Overview & Revenue Model

Company Description

Groupe Okwind (ALOKW) is a leading company specializing in the design, manufacturing, and installation of renewable energy solutions, particularly in the wind and solar sectors. The company focuses on providing innovative and sustainable energy systems that cater to both industrial and residential markets. With a commitment to reducing carbon footprints and promoting eco-friendly energy consumption, Groupe Okwind offers a range of products including wind turbines, solar panels, and comprehensive energy management systems.

How the Company Makes Money

Groupe Okwind generates revenue primarily through the sale of its renewable energy products, including wind turbines and solar panels. The company also earns income from installation services, maintenance contracts, and energy management solutions. Key revenue streams include direct sales to consumers and businesses, as well as long-term contracts with governmental and institutional clients for large-scale energy projects. Additionally, strategic partnerships with other companies in the renewable energy sector and collaborations with government agencies on sustainable energy initiatives significantly contribute to its earnings.

Groupe Okwind Financial Statement Overview

Summary

Groupe Okwind's financials present a mixed picture. The income statement highlights recent profitability issues despite strong gross margins, while the balance sheet shows a stable financial foundation with manageable debt levels. Cash flows have rebounded, yet past fluctuations pose some risk. The company must address profitability and revenue challenges to sustain growth in the renewable utilities sector.

Income Statement

The income statement shows a volatile performance with declining revenue and profits in the most recent year. The gross profit margin for 2024 was 54%, indicating strong profitability from core operations. However, the net profit margin was negative due to a net loss, reflecting profitability challenges. The EBIT and EBITDA margins have also deteriorated, signaling operational difficulties. Despite prior revenue growth, the latest figures show a contraction, which raises concerns about future growth.

Balance Sheet

The balance sheet reflects a stable equity base with a debt-to-equity ratio of 0.67 in 2024, indicating moderate leverage. The equity ratio stands at 46.9%, suggesting a healthy proportion of assets financed by equity. The return on equity has turned negative due to the net loss, which is a concern. Overall, the company maintains a sound financial position with adequate equity buffer against liabilities.

Cash Flow

The cash flow statement depicts an improvement in cash generation with positive operating cash flow in 2024. The free cash flow has turned positive, suggesting better cash management. However, the free cash flow to net income ratio is challenging to assess due to the net loss, but the operating cash flow to net income ratio indicates a positive cash conversion cycle. While cash flows have improved, historical volatility remains a concern.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	57.08M	84.04M	41.77M	26.71M	21.23M
Gross Profit	30.81M	43.78M	20.39M	14.90M	11.19M
EBITDA	55.00K	11.56M	4.13M	2.41M	1.33M
Net Income	-3.62M	7.56M	2.20M	1.28M	981.00K
Balance Sheet
Total Assets	69.75M	85.44M	62.83M	28.62M	24.22M
Cash, Cash Equivalents and Short-Term Investments	16.35M	13.98M	21.85M	2.73M	4.69M
Total Debt	21.85M	23.45M	18.16M	11.86M	10.20M
Total Liabilities	37.04M	49.09M	33.74M	18.96M	15.85M
Stockholders Equity	32.71M	36.35M	29.09M	9.65M	8.37M
Cash Flow
Free Cash Flow	4.82M	-12.23M	-3.82M	-3.39M	-1.85M
Operating Cash Flow	8.92M	-7.34M	-636.00K	-688.00K	-164.00K
Investing Cash Flow	-3.82M	-4.74M	-3.14M	-2.62M	-1.83M
Financing Cash Flow	3.97M	4.19M	14.91M	1.35M	4.45M

Groupe Okwind Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.11
• 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:ALOKW, the sentiment is Positive. The current price of 1.11 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.48, and below the 200-day MA of 1.34, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.45 is Neutral, neither overbought nor oversold. The STOCH value of 37.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALOKW.

Groupe Okwind Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
ALOKW	56 Neutral	€4.08M	-0.41	―	―	-48.74%	-323.89%
LHYFE	45 Neutral	€142.07M	-3.90	―	―	209.99%	-16.49%
ALHAF	40 Underperform	€3.58M	-0.18	―	―	-41.98%	-19.18%