Societe Marseillaise du Tunnel Prado Carenage (ALTPC) AI Stock Analysis

• Market Cap: €161.12M
• Dividend Yield: 8%
• Average Volume (3M): 1.25K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 0.10
• Revenue Growth: 2.65%
• EPS Growth: -20.94%
• Country: FR
• Employees: 65
• Sector: Services
• Sector Strength: N/A
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): N/A
• Shares Outstanding: 5,837,500
• 10 Day Avg. Volume: 1,056
• 30 Day Avg. Volume: 1,251
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €30.00
• Price Target Upside: 9.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: €30.00 ▲(9.09% Upside)

The overall stock score reflects strong financial performance and attractive valuation, offset by neutral technical indicators. The company's consistent revenue growth and operational efficiency are significant strengths, while the technical analysis suggests a cautious short-term outlook. The high dividend yield further enhances the stock's appeal.

Societe Marseillaise du Tunnel Prado Carenage Business Overview & Revenue Model

Company Description

Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage, Rège and Prado Sud, Prado South tunnels. The company was incorporated in 1989 and is headquartered in Marseille, France.

How the Company Makes Money

ALTPC generates revenue primarily through toll collections from vehicles using the Prado Carenage Tunnel. The company implements a dynamic pricing model where toll rates may vary based on demand and time of day, maximizing earnings during peak hours. Additionally, ALTPC may benefit from government contracts and subsidies aimed at infrastructure development and maintenance. Strategic partnerships with local governments and transportation authorities also play a crucial role in securing funding and ensuring operational efficiency, while potentially providing ancillary revenue through advertising and sponsorship opportunities within the tunnel facilities.

Societe Marseillaise du Tunnel Prado Carenage Financial Statement Overview

Summary

The company shows consistent revenue growth and strong operational efficiency, with robust EBIT and EBITDA margins. However, net profit margin volatility and a slightly more leveraged position are concerns.

Income Statement

The income statement reflects consistent revenue growth, with a notable increase of 8.6% from 2020 to 2024. The gross profit margin is strong, averaging above 80% over recent years. However, net profit margin has shown some volatility, decreasing from 34% in 2020 to approximately 25% in 2024, indicating increased expenses or lower cost efficiency. EBIT and EBITDA margins remain robust, highlighting operational efficiency.

Balance Sheet

The balance sheet shows a steady increase in stockholders' equity, indicating strong financial backing. The debt-to-equity ratio has improved, decreasing from 0.83 in 2020 to 0.63 in 2024, reflecting better leverage management. However, the equity ratio has slightly decreased over time, suggesting a more leveraged position. Return on Equity has fluctuated, affected by net income variations, but remains a positive indicator of shareholder returns.

Cash Flow

Cash flow analysis reveals a strong operating cash flow to net income ratio, consistently above 2.0, indicating efficient cash generation relative to profits. Free cash flow has grown significantly from 2020 to 2024, underscoring financial flexibility. The free cash flow to net income ratio is healthy, supporting dividend and debt repayment capabilities. However, past significant capital expenditures could pose future liquidity risks.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.05M	37.75M	35.02M	33.08M	28.34M
Gross Profit	33.26M	28.46M	18.55M	25.56M	21.77M
EBITDA	30.45M	29.62M	26.88M	24.54M	20.69M
Net Income	9.44M	11.94M	12.97M	10.67M	6.91M
Balance Sheet
Total Assets	129.40M	139.26M	144.44M	141.59M	131.99M
Cash, Cash Equivalents and Short-Term Investments	43.98M	41.74M	46.96M	46.96M	39.36M
Total Debt	45.87M	53.30M	59.84M	56.93M	51.53M
Total Liabilities	56.35M	63.39M	69.43M	68.45M	59.09M
Stockholders Equity	73.05M	75.87M	75.01M	62.35M	62.11M
Cash Flow
Free Cash Flow	22.06M	12.42M	7.96M	13.29M	14.79M
Operating Cash Flow	24.20M	22.14M	18.71M	25.29M	23.69M
Investing Cash Flow	-2.14M	-9.73M	-10.75M	-12.00M	-8.90M
Financing Cash Flow	-19.82M	-17.63M	-7.96M	-5.69M	5.29M

Societe Marseillaise du Tunnel Prado Carenage Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.50
• 50DMA: Negative
• 100DMA: Negative
• 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:ALTPC, the sentiment is Negative. The current price of 27.5 is below the 20-day moving average (MA) of 27.56, below the 50-day MA of 27.73, and above the 200-day MA of 26.82, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALTPC.

Societe Marseillaise du Tunnel Prado Carenage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALTPC	71 Outperform	€161.12M	17.06	12.68%	8.00%	2.65%	-20.94%
Sector *	56 Neutral	$13.59B	17.69	10.03%	0.92%	7.13%	-12.93%
0LD0	―	€43.80B	8.63	18.16%	―	―	―
0P72	―	€8.51B	33.06	10.61%	―	―	―
0OG6	―	€631.84M	16.61	12.51%	1.54%	―	―
0NY8	―	€20.88B	19.15	15.69%	―	―	―
0QW7	―	€788.90M	28.54	-3.39%	―	―	―