Latecoere (LAT) AI Stock Analysis

• Market Cap: €184.05M
• Dividend Yield: N/A
• Average Volume (3M): 2.86M
• Price to Earnings (P/E): 15.0
• Beta (1Y): 5.16
• Revenue Growth: 13.42%
• EPS Growth: 82.35%
• Country: FR
• Employees: 5,497
• Sector: Industrials
• Sector Strength: 90
• Industry: Aerospace & Defense
• EPS (TTM): >-0.01
• Shares Outstanding: 12,693,056,000
• 10 Day Avg. Volume: 2,580,173
• 30 Day Avg. Volume: 2,863,313
• PEG Ratio: 0.23
• Price to Book (P/B): 81.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.29
• 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

• Rating: 44 Neutral
• Price Target: ―

Latecoere is experiencing revenue growth but significant challenges in profitability, high leverage, and negative cash flow weigh heavily. The technical analysis indicates potential volatility, and the negative P/E ratio reflects valuation concerns. Overall, financial instability and lack of clear momentum or valuation appeal result in a low stock score.

Latecoere Business Overview & Revenue Model

Company Description

Latecoere (LAT) is a French aerospace company specializing in the manufacturing and engineering of aerostructures and interconnection systems. With a history dating back to 1917, the company primarily operates in the aerospace sector, providing solutions for both commercial and military aircraft. Latecoere's core products include fuselage sections, doors, and wiring systems, serving major aircraft manufacturers globally.

How the Company Makes Money

Latecoere makes money through the design, production, and sale of aerospace components and systems. The company's revenue model is centered on long-term contracts with major aircraft manufacturers, including Airbus and Boeing, which constitute the primary revenue streams. Additionally, Latecoere generates income from the maintenance and engineering services offered to its customers. Strategic partnerships and collaborations with other aerospace firms and technology providers also play a significant role in enhancing its product offerings and expanding market reach, thereby contributing to its earnings.

Latecoere Financial Statement Overview

Summary

Latecoere shows revenue growth but faces significant challenges in profitability, high leverage, and negative cash flow. The company needs to enhance operational efficiencies and improve cash generation to stabilize financially.

Income Statement

Latecoere's revenue grew by 13.42% from 2023 to 2024, indicating a positive trend in sales. However, the company has been struggling with profitability, posting a negative net income margin of -8.77% in 2024. The gross profit margin is relatively healthy at 42.75%, but the negative EBIT margin of -5.81% suggests operational inefficiencies.

Balance Sheet

The debt-to-equity ratio of 3.66 in 2024 indicates high leverage, which could pose financial risks. The equity ratio of 10.24% is low, suggesting that the company is heavily reliant on debt. Return on equity is negative due to net losses, reflecting poor shareholder returns.

Cash Flow

Operating cash flow is negative, indicating challenges in generating cash from core operations. The free cash flow to net income ratio cannot be calculated due to negative figures, highlighting cash flow issues. The company needs to improve its cash generation to sustain operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
705.83M	622.34M	468.28M	332.12M	413.23M
	Gross Profit
301.73M	223.28M	162.81M	-62.75M	-60.92M
	EBIT
-41.05M	-148.28M	-61.81M	-64.87M	-102.58M
	EBITDA
24.49M	124.44M	-39.20M	-50.85M	-145.46M
	Net Income Common Stockholders
-61.91M	6.16M	-127.09M	-110.97M	-189.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
59.79M	85.42M	73.97M	277.66M	77.61M
	Total Assets
693.62M	714.42M	742.49M	752.24M	489.96M
	Total Debt
260.19M	216.10M	371.01M	342.81M	225.25M
	Net Debt
200.40M	130.67M	297.04M	65.15M	147.64M
	Total Liabilities
622.59M	549.09M	721.06M	601.26M	453.77M
	Stockholders Equity
71.04M	165.34M	21.43M	150.99M	36.19M
Cash Flow		Free Cash Flow
-38.41M	-123.47M	-107.80M	-61.48M	-29.02M
	Operating Cash Flow
-16.35M	-89.14M	―	-45.44M	-16.33M
	Investing Cash Flow
-18.09M	-21.48M	-127.39M	-49.57M	-12.55M
	Financing Cash Flow
8.71M	121.73M	-12.52M	294.66M	73.57M

Latecoere Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIR	74 Outperform	$129.74B	29.22	21.75%	1.80%	5.16%	12.89%
FII	72 Outperform	€1.42B	25.34	5.80%	1.24%	10.03%	48.93%
EXA	72 Outperform	€1.21B	―	-2.92%	―	15.56%	-123.05%
ALSOG	68 Neutral	€80.81M	18.20		3.72%	6.07%	42.58%
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
FGA	48 Neutral	€414.63M	―	-5.47%	―	11.67%	31.93%
LAT	44 Neutral	€184.05M	15.00	-51.82%	―	13.42%	82.35%