Touax SCA (ALTOU) AI Stock Analysis

• Market Cap: €31.11M
• Dividend Yield: 3.73%
• Average Volume (3M): 4.42K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.73
• Revenue Growth: 2.61%
• EPS Growth: 6.82%
• Country: FR
• Employees: 235
• Sector: General
• Sector Strength: N/A
• Industry: Rental & Leasing Services
• EPS (TTM): N/A
• Shares Outstanding: 7,011,547
• 10 Day Avg. Volume: 5,071
• 30 Day Avg. Volume: 4,423
• PEG Ratio: 0.86
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -6.33
• 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): 0.75
• Revenue Forecast (FY): €210.00M

• Rating: 58 Neutral
• Price Target: €4.50 ▲(4.17% Upside)
• Action: Reiterated Date: 11/06/25
• Date: Action: Reiterated 11/06/25

The overall stock score of 58 reflects a stable financial performance with operational efficiency but significant liquidity and leverage risks. The technical analysis indicates bearish momentum, while the valuation suggests reasonable pricing with a decent dividend yield. The absence of recent earnings call insights or notable corporate events limits additional context.

Positive Factors

Diversified leasing portfolio

Touax's business spans multiple leased asset classes—containers, rail wagons, modular buildings—providing diversified, contractually recurring revenue streams. This reduces exposure to a single cyclical market and supports resilient cash flows and asset redeployment options over multiple cycles.

Stable revenue and margins

Revenue held steady with slight growth (from $195.4M to $198.5M) while EBIT and EBITDA margins stayed robust, indicating operational efficiency. Sustained margin performance supports cash generation capacity and indicates management can control costs despite top-line pressures.

Strategic industry partnerships

Established partnerships with shipping and logistics firms enhance distribution and lease placement, improving utilization and contract visibility. Strong customer relationships increase renewal likelihood and lower customer-acquisition costs, supporting durable lease book growth and stable asset deployment.

Negative Factors

High leverage

Elevated leverage increases refinancing and interest-rate vulnerability and constrains strategic flexibility. Over the medium term, high debt levels can limit investment in fleet renewal, raise funding costs, and amplify downside in cyclical downturns, pressuring long-term financial stability.

Negative free cash flow

Negative free cash flow and weaker operating cash flow indicate the company may need external financing to fund operations and capex. Persistent cash-generation shortfalls can force asset sales, increase borrowing, or constrain dividends and investments, undermining long-term growth execution.

Gross profit decline and margin pressure

A sharp drop in gross profit signals margin compression at the cost-of-goods/asset-yield level. Even with stable EBITDA margins, deteriorating gross margins point to structural cost or yield pressures that can erode long-term profitability unless offset by pricing power or improved asset utilization.

Touax SCA Business Overview & Revenue Model

Company Description

Touax SCA engages in the operational leasing, sale, and management of mobile standardized equipment worldwide. The company operates through three divisions: Freight Railcars, River Barges, and Shipping Containers. It also offers freight railcars, including intermodal wagons, car-carrier railcars, coil carrying railcars, sliding wall wagons, hopper cars, and powder railcars. In addition, the company leases and sells river barges to logistics companies, railway operators, and industrial groups. Further, it is involved in fleet management; transports barges to river basins; and provision of insurance and technical expertise related to river transport. The company manufactures and sells modular constructions, industrialized buildings, and prefabricated elements. As of December 31, 2023, the company owned and managed a fleet of 327,922 twenty-foot equivalent unit containers. Touax SCA was founded in 1853 and is headquartered in La Défense, France.

How the Company Makes Money

Touax generates revenue through multiple streams primarily based on leasing and rental agreements. The company leases shipping containers and railway wagons to various customers for a fixed period, providing a steady income through leasing fees. Additionally, Touax has a modular buildings segment that offers temporary accommodation solutions, which also contributes to its revenue through lease arrangements. Significant partnerships with shipping companies and logistics providers enhance Touax's market presence and allow for a broader customer base. Moreover, the company may also benefit from ancillary services related to asset management and maintenance, further bolstering its earnings.

Touax SCA Financial Statement Overview

Summary

Touax SCA exhibits stable revenue with slight growth, but declining gross profit and a high debt-to-equity ratio indicate financial pressure. The company maintains operational efficiency with stable EBIT and EBITDA margins. However, negative free cash flow and reliance on debt financing highlight liquidity and leverage risks. Overall, the financial position is stable but requires careful management of liquidity and leverage.

Income Statement

Touax SCA shows stable revenue with a slight growth from $195.4M to $198.5M in the latest year, indicating resilience in its revenue stream. However, gross profit has declined from $78.5M to $53.3M, affecting gross profit margins negatively. EBIT and EBITDA margins remain strong, suggesting operational efficiency. Net profit margin is low but improving slightly, indicating challenges in converting revenue to net income.

Balance Sheet

The debt-to-equity ratio is high, reflecting significant leverage, which poses a risk in financial stability. However, equity has increased slightly, indicating some strengthening. The equity ratio is relatively low, suggesting dependence on debt financing. Return on Equity shows low profitability, but there are signs of improvement.

Cash Flow

The company's free cash flow has turned negative, indicating pressure on liquidity. Operating cash flow has decreased significantly, impacting the ability to cover net income. The cash flow situation suggests short-term liquidity challenges, despite a recent increase in financing cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	198.52M	195.42M	210.55M	167.31M	163.39M
Gross Profit	53.25M	78.54M	67.15M	63.31M	63.41M
EBITDA	59.40M	57.38M	57.80M	52.91M	45.34M
Net Income	3.88M	3.61M	7.47M	12.55M	5.86M
Balance Sheet
Total Assets	611.44M	563.41M	571.73M	552.40M	473.96M
Cash, Cash Equivalents and Short-Term Investments	48.91M	39.00M	56.01M	53.82M	62.30M
Total Debt	365.89M	340.40M	350.19M	321.28M	289.45M
Total Liabilities	458.15M	415.80M	418.06M	413.38M	353.16M
Stockholders Equity	81.56M	76.91M	90.70M	82.03M	66.32M
Cash Flow
Free Cash Flow	-4.07M	19.32M	-14.31M	-36.39M	-11.70M
Operating Cash Flow	-3.07M	21.14M	-13.99M	-35.80M	-11.30M
Investing Cash Flow	-1.67M	-7.13M	-439.00K	3.21M	-624.00K
Financing Cash Flow	14.19M	-30.86M	17.89M	22.16M	35.91M

Touax SCA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.32
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALTOU, the sentiment is Negative. The current price of 4.32 is below the 20-day moving average (MA) of 4.56, below the 50-day MA of 4.51, and below the 200-day MA of 4.60, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.45 is Neutral, neither overbought nor oversold. The STOCH value of 25.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALTOU.

Touax SCA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALNSC	61 Neutral	€34.38M	1.27	―	1.69%	1.45%	91.07%
ALTOU	58 Neutral	€31.11M	12.11	4.90%	3.73%	2.61%	6.82%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%