Nacon SASU (NACON) AI Stock Analysis

• Market Cap: €82.56M
• Dividend Yield: N/A
• Average Volume (3M): 352.18K
• Price to Earnings (P/E): 3.1
• Beta (1Y): 1.59
• Revenue Growth: 0.14%
• EPS Growth: -104.73%
• Country: FR
• Employees: 1,070
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.03
• Shares Outstanding: 108,518,196
• 10 Day Avg. Volume: 267,535
• 30 Day Avg. Volume: 352,175
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ―

Nacon SASU's overall stock score is primarily supported by its strong financial performance, particularly in revenue growth and profitability, and an attractive valuation with a low P/E ratio. However, technical indicators point to a bearish trend, which presents significant risks. Improvements in cash flow and a potential technical rebound could enhance future prospects.

Nacon SASU Business Overview & Revenue Model

Company Description

Nacon S.A. designs and distributes gaming accessories in France and internationally. The company offers accessories, including headsets, microphones, controllers, racing wheels, gaming chairs, keyboards, mice, mats, audio accessories, and console accessories. It also develops and publishes video games in various categories, such as action-adventure, racing, sport, and simulation. The company was founded in 2019 and is based in Fretin, France. Nacon S.A. is a subsidiary of BigBen Interactive SA.

How the Company Makes Money

Nacon makes money primarily through two key revenue streams: gaming accessories and video game publishing. The company generates income from the sale of its gaming peripherals, which includes controllers, headsets, and other gaming-related hardware, catering to both casual and professional gamers. Additionally, Nacon earns revenue from its video game publishing segment by developing, marketing, and distributing video game titles. This includes partnerships and collaborations with third-party game developers to expand its game catalog. Factors such as technological innovation, strategic partnerships, and a strong presence in the global gaming market contribute significantly to the company's earnings.

Nacon SASU Financial Statement Overview

Summary

Nacon SASU demonstrates solid revenue growth and improving profitability metrics, with a stable balance sheet. Cash flow management shows improvements, but negative free cash flow suggests a need for better capital efficiency. Overall, the financial health is sound, but focus on cash flow optimization could enhance stability.

Income Statement

The company experienced a healthy revenue growth of 7.54% in the latest year. Gross profit margin improved significantly to 61.32%, indicating better cost management. Net profit margin also enhanced to 10.45%. However, past fluctuations in EBIT margin, currently at 12.45%, suggest some volatility in operating efficiency.

Balance Sheet

The balance sheet shows moderate leverage with a debt-to-equity ratio of 0.54, suggesting manageable debt levels. The equity ratio is stable at 55.03%, reflecting a solid equity base. Return on equity improved to 6.65%, indicating better returns to shareholders, though there's room for improvement.

Cash Flow

Free cash flow improved but remains negative, though it shows a positive trend. Operating cash flow to net income ratio is favorable at 4.17, highlighting strong cash generation relative to net income. Free cash flow to net income is negative, indicating challenges in converting earnings to free cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.96M	167.71M	155.98M	155.91M	177.83M	129.43M
Gross Profit	71.78M	102.86M	40.52M	37.61M	49.93M	42.13M
EBITDA	14.52M	70.54M	48.56M	40.09M	54.96M	46.70M
Net Income	16.48M	17.53M	12.77M	9.96M	18.30M	15.30M
Balance Sheet
Total Assets	505.56M	478.96M	483.31M	412.25M	317.51M	299.53M
Cash, Cash Equivalents and Short-Term Investments	17.38M	26.24M	47.60M	82.15M	96.75M	110.93M
Total Debt	142.05M	142.80M	168.85M	145.00M	59.45M	71.62M
Total Liabilities	217.23M	215.41M	240.76M	183.84M	107.05M	111.91M
Stockholders Equity	288.33M	263.55M	242.55M	228.41M	210.72M	187.88M
Cash Flow
Free Cash Flow	62.69M	-11.65M	-34.60M	-27.17M	-258.00K	-14.18M
Operating Cash Flow	64.21M	73.09M	45.84M	31.59M	54.68M	21.71M
Investing Cash Flow	-83.70M	-87.30M	-115.94M	-81.35M	-56.45M	-42.85M
Financing Cash Flow	17.45M	-4.58M	35.40M	36.07M	-11.85M	127.59M

Nacon SASU Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.76
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:NACON, the sentiment is Neutral. The current price of 0.76 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 0.82, and above the 200-day MA of 0.65, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.69 is Neutral, neither overbought nor oversold. The STOCH value of 20.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:NACON.

Nacon SASU Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NACON	65 Neutral	€82.56M	3.09	-0.49%	―	0.14%	-104.73%
FACE	51 Neutral	67.19M	-6.62	-46.29%	―	14.80%	-56.85%
UBI	48 Neutral	1.20B	-7.10	-8.86%	―	-17.46%	-203.48%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%