PLUXEE N.V. (PLX) AI Stock Analysis

• Market Cap: €3.93B
• Dividend Yield: 1.88%
• Average Volume (3M): 109.34K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 1.03
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: FR
• Employees: 5,368
• Sector: General
• Sector Strength: N/A
• Industry: Specialty Business Services
• EPS (TTM): 0.73
• Shares Outstanding: 147,174,700
• 10 Day Avg. Volume: 141,349
• 30 Day Avg. Volume: 109,344
• PEG Ratio: -1.02
• Price to Book (P/B): 105.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.96
• 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: €24.56
• Price Target Upside: 30.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 68 Neutral
• Price Target: €20.50 ▲(9.16%Upside)

The overall stock score for PLUXEE N.V. is driven primarily by strong financial performance, despite high leverage. The technical analysis indicates a bearish trend, which is a concern. The valuation is fair, providing a balanced view of growth potential and income. Earnings call and corporate events were not considered.

Positive Factors

Client Acquisition and Retention

The company reported strong new client acquisition and a solid net client retention rate during the quarter.

Revenue Growth

Total revenue grew 11% organically, with operating revenue outperforming expectations by a 3% beat.

Negative Factors

Currency Exchange Impact

FX headwinds are expected to rise, potentially impacting financial performance.

Regulatory Challenges

Regulatory changes, such as the Italian commission cap, are a key focus and might affect the company.

PLUXEE N.V. Business Overview & Revenue Model

Company Description

Pluxee N.V. offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally. The company provides employee benefits comprising meal, food, gift, mobility, training, and wellness benefits; mental and physical well-being, leisure and culture, hybrid work, training, and uniforms; and other products and services, including rewards and recognition, public benefits, and fuel and fleet management. Its products are distributed through pre-paid cards, digital solutions, and paper vouchers. Pluxee N.V. was formerly known as Sodexo Asset Management 2 B.V. and changed its name to Pluxee N.V. in December 2023. The company was incorporated in 2022 and is headquartered in Issy-les-Moulineaux, France.

How the Company Makes Money

PLUXEE N.V. generates revenue through a diversified business model that includes subscription-based services, transactional fees, and strategic partnerships. The company leverages its digital platforms to offer premium services that users can access through monthly or annual subscriptions. Additionally, PLUXEE N.V. earns through transaction fees charged on specific user interactions or financial transactions conducted via its platforms. The company also engages in partnerships with other tech firms and service providers to expand its reach and capabilities, thereby creating additional revenue streams through collaborative ventures.

PLUXEE N.V. Financial Statement Overview

Summary

PLUXEE N.V. shows robust financial performance with strong revenue and profit growth despite some cost pressures and high leverage. The company maintains efficient operations and solid cash flow ratios, supporting its growth trajectory. A high debt-to-equity ratio poses a risk, but strong returns and cash reserves provide financial stability.

Income Statement

PLUXEE N.V. demonstrates strong revenue growth with a 15% increase in 2024. Gross profit margin decreased to 28.18% from 42.30% in 2023, indicating rising costs. Net profit margin improved to 10.99%, showing enhanced profitability. EBIT margin remained strong at 20.66%, and EBITDA margin was healthy at 27.93%, suggesting operational efficiency. Overall, the company shows good growth and profitability, albeit with some cost pressures.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 4.58, pointing to significant leverage. However, the company maintains a solid equity ratio of 4.34%, and return on equity improved to 51.55%, highlighting effective use of equity. The company has increased cash reserves, providing financial stability. Overall, the balance sheet indicates high leverage, balanced by strong equity returns.

Cash Flow

Operating cash flow remains robust, with a slight decline to 3.29 times net income. Free cash flow to net income ratio is strong at 2.42. Free cash flow decreased by 27.32% from the previous year, indicating potential investment or increased operating expenses. The company maintains healthy cash flow ratios, supporting its operations and growth, despite a reduction in free cash flow.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	1.25B	1.21B	1.05B	842.00M	731.00M
Gross Profit	351.00M	430.00M	445.00M	331.00M	282.00M
EBITDA	433.00M	338.00M	263.00M	303.00M	219.00M
Net Income	165.00M	133.00M	81.00M	174.00M	117.00M
Balance Sheet
Total Assets	6.83B	5.95B	5.67B	5.30B	4.68B
Cash, Cash Equivalents and Short-Term Investments	3.27B	2.23B	3.10B	2.77B	2.33B
Total Debt	1.20B	1.18B	1.31B	553.00M	334.00M
Total Liabilities	6.42B	5.59B	5.63B	4.59B	3.99B
Stockholders Equity	313.00M	258.00M	42.00M	699.00M	684.00M
Cash Flow
Free Cash Flow	277.00M	322.00M	443.00M	143.00M	113.00M
Operating Cash Flow	368.00M	438.00M	559.00M	221.00M	184.00M
Investing Cash Flow	-464.00M	-270.00M	-7.00M	46.00M	-109.00M
Financing Cash Flow	-132.00M	-213.00M	-43.00M	6.00M	60.00M

PLUXEE N.V. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.78
• 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:PLX, the sentiment is Negative. The current price of 18.78 is above the 20-day moving average (MA) of 18.58, below the 50-day MA of 19.41, and below the 200-day MA of 19.86, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 45.21 is Neutral, neither overbought nor oversold. The STOCH value of 22.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:PLX.

PLUXEE N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLX	68 Neutral	€3.93B	16.75		1.88%	―	―
Sector *	56 Neutral	$5.71B	21.48	-28.61%	5.64%	10.78%	-31.71%
ELSSF		$6.84B	15.60	9.66%	2.08%	―	―
0IX0		€828.45M	11.32	16.32%	3.22%	―	―
0QAG		€2.77B	51.91	10.24%	―	―	―
0J3F		€7.61B	11.21	16.07%	5.10%	―	―
0J6X		€5.24B	10.00	11.90%	4.79%	―	―