Focus Home Interactive SA (ALPUL) AI Stock Analysis

• Market Cap: €111.65M
• Dividend Yield: 6.54%
• Average Volume (3M): 33.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: -14.35%
• EPS Growth: N/A
• Country: FR
• Employees: 627
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 0.27
• Shares Outstanding: 8,551,194
• 10 Day Avg. Volume: 23,666
• 30 Day Avg. Volume: 33,157
• PEG Ratio: -0.04
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 2.77
• 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): 2.4
• Revenue Forecast (FY): €273.86M

• Rating: 62 Neutral
• Price Target: €14.50 ▲(3.57% Upside)
• Action: Reiterated Date: 01/17/26
• Date: Action: Reiterated 01/17/26

The score is driven primarily by solid financial performance (strong revenue growth and operating margins) but is held back by weak free cash flow conversion. Technicals are mixed with longer-term downtrend signals (below 50/100/200-day averages and negative MACD), while valuation is supported by a high dividend yield but offset by a negative P/E.

Positive Factors

Operating Margins

Sustained improvement in gross margin and healthy EBIT/EBITDA margins indicate durable operating efficiency in the publishing model. Strong underlying margins provide capacity to fund marketing, developer advances and DLC, supporting profitable title rollouts and long-term reinvestment without eroding core economics.

Negative Factors

Weak Free Cash Flow Conversion

Earnings are not converting efficiently into free cash flow, likely due to capex or working capital demands tied to publishing cycles. Persistently weak FCF conversion constrains capacity to invest in new IP, return cash to shareholders, or absorb poor title performance without increasing leverage or diluting stakeholders.

Focus Home Interactive SA Business Overview & Revenue Model

Company Description

Pullup Entertainment Société anonyme develops, publishes, and distributes games worldwide. The company offers games for various platforms, consoles, and PC or mobile, such as Android, iOS, MAC OS, PS3, PS4, PS5, X360, switch, Xbox game pass, XONE,...

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Pullup Entertainment Société anonyme develops, publishes, and distributes games worldwide. The company offers games for various platforms, consoles, and PC or mobile, such as Android, iOS, MAC OS, PS3, PS4, PS5, X360, switch, Xbox game pass, XONE,...

How the Company Makes Money

Focus Home Interactive SA makes money mainly by publishing and distributing video games. Its revenue model typically includes (1) sales of full games (physical and digital) where the company earns the publisher’s share after platform fees (e.g., c...

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Focus Home Interactive SA makes money mainly by publishing and distributing video games. Its revenue model typically includes (1) sales of full games (physical and digital) where the company earns the publisher’s share after platform fees (e.g., c...

Focus Home Interactive SA Financial Statement Overview

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	392.35M	188.20M	194.15M	143.45M	171.75M
Gross Profit	96.58M	28.32M	58.99M	42.24M	51.10M
EBITDA	129.98M	60.44M	58.89M	40.92M	46.04M
Net Income	19.36M	-19.91M	7.31M	2.98M	13.28M
Balance Sheet
Total Assets	403.08M	350.55M	307.12M	251.03M	119.16M
Cash, Cash Equivalents and Short-Term Investments	61.68M	17.87M	72.15M	62.59M	19.50M
Total Debt	142.47M	155.97M	83.09M	66.10M	12.52M
Total Liabilities	236.60M	222.14M	161.12M	115.75M	50.62M
Stockholders Equity	159.61M	121.62M	140.35M	133.65M	68.54M
Cash Flow
Free Cash Flow	52.09M	-36.18M	1.70M	-9.01M	-3.57M
Operating Cash Flow	146.54M	46.12M	67.21M	27.79M	36.95M
Investing Cash Flow	-99.21M	-152.00M	-71.06M	-95.63M	-47.83M
Financing Cash Flow	-3.61M	50.64M	13.37M	110.91M	10.94M

Focus Home Interactive SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.00
• 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:ALPUL, the sentiment is Positive. The current price of 14 is above the 20-day moving average (MA) of 13.25, above the 50-day MA of 13.02, and below the 200-day MA of 17.70, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 55.24 is Neutral, neither overbought nor oversold. The STOCH value of 66.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALPUL.

Focus Home Interactive SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALPUL	62 Neutral	€111.65M	―	-0.44%	6.54%	-14.35%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
GAM	47 Neutral	€398.76M	-12.60	-6.82%	―	-31.54%	-53.98%
NACON	47 Neutral	€13.45M	7.83	-0.36%	―	-4.48%	-105.25%
UBI	45 Neutral	€531.66M	-1.98	-4.52%	―	-11.78%	-28.61%
ALDNE	38 Underperform	€6.40M	-0.16	-97.87%	―	90.92%	24.05%
ALATA	38 Underperform	€56.71M	-2.54	-514.29%	―	63.11%	10.97%