Claranova SA (CLA) AI Stock Analysis

• Market Cap: €94.45M
• Dividend Yield: N/A
• Average Volume (3M): 82.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.51
• Revenue Growth: -0.95%
• EPS Growth: 49.19%
• Country: FR
• Employees: 772
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.17
• Shares Outstanding: 57,206,910
• 10 Day Avg. Volume: 65,181
• 30 Day Avg. Volume: 82,538
• 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: €3.40
• Price Target Upside: 102.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: €2.00 ▲(19.05% Upside)

Claranova SA's overall stock score is primarily impacted by its financial instability and bearish technical indicators. The high leverage and negative equity are significant concerns, while the technical analysis indicates weak market momentum. Additionally, the negative P/E ratio further highlights valuation challenges.

Claranova SA Business Overview & Revenue Model

Company Description

Claranova SE engages in the internet, mobile, and internet of things businesses in the Unites States, the United Kingdom, Germany, France, India, other European countries, and internationally. It operates in three segments: PlanetArt, Avanquest, and myDevices. The PlanetArt segment offers FreePrints Photobooks for photo albums; FreePrints Photo Tiles for wall decorations; FreePrints Cards for greeting cards; FreePrints Gifts for personalized goods; Personal Creations' for personalized gifts; and CafePress' for personalized products, such as T-shirts, mugs, and tote bags. The Avanquest segment provides the antivirus, ad blocker, cleaning, and optimization tools sold under the Adaware brand; document management tools under the SodaPDF brand name; and photo editor software and apps under the inPixio brand. This segment also provides SignPDF, a new digital signature solution. The myDevices segment offers myDevices, an application platform that provides a range of IoT solutions for the management of assets. The company was formerly known as Avanquest S.A. and changed its name to Claranova S.E. in June 2017. Claranova SE was founded in 1984 and is based in La Garenne-Colombes, France.

How the Company Makes Money

Claranova SA generates revenue through its three primary business segments: digital printing, IoT, and e-commerce. In digital printing, the company offers customizable photo products and services through its flagship brand, PlanetArt, which operates platforms like FreePrints and Photobox, allowing customers to create personalized photo gifts and merchandise. The IoT segment, operated by Avanquest, provides software and services for managing connected devices and developing IoT solutions tailored to specific industries. In the e-commerce sector, the company leverages its proprietary technologies to offer digital products and services, including PDF and photo editing software, security solutions, and other digital utilities. Claranova's revenue streams are bolstered by strategic partnerships and a strong focus on direct-to-consumer sales, enabling it to tap into growing markets and expand its international presence.

Claranova SA Financial Statement Overview

Summary

Claranova SA demonstrates a mixed financial health profile with improvements in operational efficiency but faces significant challenges with profitability and balance sheet stability. The high leverage and negative equity are concerning, while inconsistent revenue growth and volatile cash flow suggest operational risks.

Income Statement

Claranova SA shows a mixed performance on its income statement. The gross profit margin has improved over the years, indicating better cost management. However, the net profit margin remains negative, primarily due to consistent net losses. Revenue growth has been inconsistent, and the latest figures show a decline compared to previous years. Margins such as EBIT and EBITDA have shown some improvement, but the negative net income impacts the overall profitability.

Balance Sheet

The balance sheet of Claranova SA presents significant challenges. The debt-to-equity ratio is high due to negative stockholders' equity, highlighting financial instability and potential leverage risks. The equity ratio is negative, indicating liabilities exceed assets. This is concerning for potential investors looking for financial stability. Although the company has a reasonable asset base, the high debt levels and negative equity are critical weaknesses.

Cash Flow

Claranova SA's cash flow statements indicate improvements in operating cash flow, showing better cash generation from core operations. However, the free cash flow has been volatile, with significant negative figures in some periods. The company has managed to maintain positive free cash flow recently, but the overall cash flow to net income ratios suggest inefficiencies in converting earnings to cash. Despite this, there is potential for cash flow stability if operational improvements continue.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	496.00M	507.00M	473.60M	470.70M	409.10M
Gross Profit	57.00M	40.30M	37.10M	43.90M	29.30M
EBITDA	41.00M	7.80M	28.30M	32.50M	19.90M
Net Income	-12.00M	-10.60M	-10.50M	10.40M	500.00K
Balance Sheet
Total Assets	228.40M	264.40M	270.10M	225.10M	210.00M
Cash, Cash Equivalents and Short-Term Investments	37.00M	66.80M	100.30M	90.40M	82.80M
Total Debt	151.60M	187.60M	180.50M	72.70M	79.00M
Total Liabilities	236.10M	280.80M	268.20M	142.90M	147.70M
Stockholders Equity	-9.90M	-19.30M	-1.40M	66.00M	50.60M
Cash Flow
Free Cash Flow	34.50M	-1.60M	13.90M	14.90M	28.30M
Operating Cash Flow	39.70M	9.30M	16.10M	18.70M	29.50M
Investing Cash Flow	-5.10M	-31.80M	-73.60M	-10.10M	-33.10M
Financing Cash Flow	-64.70M	-10.00M	62.40M	-2.80M	12.00M

Claranova SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.68
• 50DMA: Negative
• 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:CLA, the sentiment is Negative. The current price of 1.68 is below the 20-day moving average (MA) of 1.69, below the 50-day MA of 1.97, and below the 200-day MA of 2.07, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 40.73 is Neutral, neither overbought nor oversold. The STOCH value of 41.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:CLA.

Claranova SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALSTW	80 Outperform	200.98M	37.12	18.94%	―	14.04%	21.45%
COH	76 Outperform	52.88M	15.78	16.63%	0.86%	2.18%	13.10%
ALPRO	68 Neutral	84.82M	2.91	22.43%	―	75.72%	0.00%
CLA	45 Neutral	€94.45M	―		―	-0.95%	49.19%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%