JACQUET METAL SERVICE (JCQ) AI Stock Analysis

• Market Cap: €498.99M
• Dividend Yield: 0.99%
• Average Volume (3M): 6.80K
• Price to Earnings (P/E): 54.4
• Beta (1Y): 0.77
• Revenue Growth: -7.44%
• EPS Growth: 85.42%
• Country: FR
• Employees: 3,416
• Sector: General
• Sector Strength: N/A
• Industry: Steel
• EPS (TTM): N/A
• Shares Outstanding: 21,531,967
• 10 Day Avg. Volume: 9,584
• 30 Day Avg. Volume: 6,798
• PEG Ratio: -0.71
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.19
• P/FCF Ratio: 3.23
• 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: 63 Neutral
• Price Target: €24.50 ▲(19.22% Upside)

The score is driven mainly by middling financial performance (declining revenue growth and very low margins/ROE, partly offset by improving leverage and positive free cash flow growth). Technicals are supportive with a clear uptrend, but the overall score is held back by expensive valuation (high P/E and low dividend yield).

Positive Factors

Business model and services

JCQ’s integrated metal distribution plus value-added processing (cutting, machining, surface treatment) creates higher-margin service offerings, deeper customer ties and recurring revenue from manufacturing clients, supporting durable demand across industrial supply chains.

Diversified end markets

Exposure across aerospace, automotive, energy and construction reduces dependence on any single cyclical sector. This end-market diversification smooths demand volatility and supports steadier order flow and margin retention over medium-term industry cycles.

Improving leverage and FCF growth

Decreasing leverage and a reasonable equity ratio enhance financial flexibility for capex or M&A. Strong free cash flow growth (17.99% TTM) provides internal funding for operations and strategic investments, reducing reliance on external financing over the medium term.

Negative Factors

Revenue decline

Negative revenue growth indicates pressure on core sales volumes or pricing. Persistent top-line decline can erode scale economics, constrain reinvestment capacity and make margin improvement and fixed-cost absorption harder to sustain over the next several quarters.

Very low profitability

Extremely thin net and operating margins and very low ROE signal limited ability to generate shareholder returns from current operations. Structural margin weakness reduces buffer against cost shocks and limits capacity to fund growth or dividends sustainably.

Weak operating cash conversion

Low operating cash conversion suggests reported earnings are not translating into cash, raising concerns about working capital management or accruals. This undermines liquidity resilience and could constrain investments or debt servicing if trends persist.

JACQUET METAL SERVICE Business Overview & Revenue Model

Company Description

Jacquet Metals SA engages in the distribution of specialty steels. It operates through three divisions: JACQUET, STAPPERT, and IMS Group. The company distributes stainless-steel and nickel alloys quarto plates, which are used in water, environment, energy, mechanical and forged metal construction, chemical and agri-food, gas processing and storage, pharmaceutical, and cosmetic sectors. It also distributes long stainless-steel products in the form of bars, profiles, welded tubes, and fittings that are used in the agri-food, chemical, petrochemical, pipefitting, energy, transport, and decoration sectors. In addition, the company distributes carbon, alloy, and stainless-steel engineering steels, and tool steels used in mechanical engineering, public works machinery, agricultural machinery, lifting machinery, car and HGV suppliers, and energy sectors. As of March 9, 2022, it operated through a network of 105 distribution facilities located in 24 countries in Europe, Asia, and North America. Jacquet Metals SA was founded in 1962 and is based in Saint-Priest, France.

How the Company Makes Money

JACQUET METAL SERVICE generates revenue through multiple streams, primarily by selling stainless steel and special alloys to industrial clients. The company profits from the sale of raw materials as well as its value-added services like cutting and processing, which enhance the product offerings and cater to specific customer requirements. Additionally, JCQ may benefit from strategic partnerships with manufacturers and suppliers that provide favorable pricing or exclusive access to certain products. The company's ability to efficiently manage inventory and logistics also plays a crucial role in maintaining competitive pricing and maximizing profit margins.

JACQUET METAL SERVICE Financial Statement Overview

Summary

Financials are stable but not strong: revenue growth is negative (-2.07%) and profitability is thin (net margin 0.47%, EBIT margin 2.83%), while leverage is moderate and improving (debt-to-equity 0.69, equity ratio 41.72%). Cash flow is mixed with solid free cash flow growth (17.99%) but weak cash conversion (operating cash flow to net income 0.18).

Income Statement

JACQUET METAL SERVICE shows a mixed performance in its income statement. The TTM data indicates a decline in revenue growth at -2.07%, which is a concern. However, the company maintains a stable gross profit margin of 23.88% and a modest net profit margin of 0.47%. The EBIT and EBITDA margins are relatively low at 2.83% and 4.16%, respectively, indicating room for improvement in operational efficiency.

Balance Sheet

The balance sheet reflects a moderate financial position with a debt-to-equity ratio of 0.69, showing a decrease in leverage compared to previous years, which is positive. The return on equity (ROE) is low at 1.36%, suggesting limited profitability from shareholder equity. The equity ratio stands at 41.72%, indicating a stable capital structure with a reasonable proportion of equity financing.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow growth at 17.99% in the TTM period, which is encouraging. However, the operating cash flow to net income ratio is low at 0.18, suggesting that cash generation from operations is not fully aligned with reported net income. The free cash flow to net income ratio is 0.55, indicating moderate efficiency in converting net income to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.88B	1.97B	2.23B	2.68B	1.97B	1.36B
Gross Profit	449.51M	441.89M	480.61M	680.60M	525.69M	328.21M
EBITDA	78.29M	94.62M	142.87M	278.03M	199.04M	65.53M
Net Income	8.84M	6.02M	50.74M	179.64M	120.85M	11.20M
Balance Sheet
Total Assets	1.50B	1.68B	1.72B	1.72B	1.46B	1.22B
Cash, Cash Equivalents and Short-Term Investments	200.28M	356.00M	342.34M	254.00M	245.71M	333.05M
Total Debt	434.42M	613.00M	642.72M	567.00M	483.82M	512.49M
Total Liabilities	855.69M	1.02B	1.04B	1.04B	965.29M	843.77M
Stockholders Equity	626.99M	658.00M	658.32M	649.65M	474.58M	358.37M
Cash Flow
Free Cash Flow	49.56M	117.00M	158.14M	13.00M	-23.90M	113.17M
Operating Cash Flow	90.25M	176.00M	210.42M	43.00M	7.81M	139.88M
Investing Cash Flow	-61.34M	-64.27M	-90.74M	-39.05M	-31.63M	-26.83M
Financing Cash Flow	-274.01M	-98.92M	-31.26M	4.41M	-63.88M	14.75M

JACQUET METAL SERVICE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.55
• 50DMA: Positive
• 100DMA: Positive
• 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:JCQ, the sentiment is Positive. The current price of 20.55 is below the 20-day moving average (MA) of 21.84, above the 50-day MA of 19.82, and above the 200-day MA of 20.15, indicating a bullish trend. The MACD of 0.99 indicates Negative momentum. The RSI at 68.46 is Neutral, neither overbought nor oversold. The STOCH value of 76.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:JCQ.

JACQUET METAL SERVICE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QDT	67 Neutral	€545.74M	8.61	5.80%	4.90%	0.13%	11.29%
VK	66 Neutral	€4.19B	11.68	16.47%	9.68%	-15.12%	-10.10%
EXE	66 Neutral	€262.63M	16.16	―	3.00%	-10.58%	-47.82%
JCQ	63 Neutral	€498.99M	54.45	1.38%	0.99%	-7.44%	85.42%
MRN	63 Neutral	€629.85M	12.70	6.15%	3.94%	0.23%	-35.65%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%