Passat SA (PSAT) AI Stock Analysis

• Market Cap: €19.14M
• Dividend Yield: N/A
• Average Volume (3M): 523.00
• Price to Earnings (P/E): 16.6
• Beta (1Y): 0.34
• Revenue Growth: -2.55%
• EPS Growth: -47.65%
• Country: FR
• Employees: 192
• Sector: Consumer Cyclical
• Sector Strength: 58
• Industry: Specialty Retail
• EPS (TTM): 0.29
• Shares Outstanding: 4,200,000
• 10 Day Avg. Volume: 491
• 30 Day Avg. Volume: 523
• PEG Ratio: 0.02
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -159.10
• 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: 67 Neutral
• Price Target: €5.00 ▲(3.31%Upside)

Passat SA's stock score reflects its financial stability and moderate valuation. The company benefits from a strong balance sheet but faces challenges in profitability and cash flow generation. Technical indicators suggest potential downward momentum, with a lack of strong trends. The absence of a dividend yield is a downside. Overall, Passat SA is moderately positioned within the specialty retail industry.

Passat SA Business Overview & Revenue Model

Company Description

Passat SA (PSAT) is a company that specializes in the distribution and marketing of consumer products primarily through direct response television (DRTV) and retail channels. Operating within the consumer goods sector, Passat offers a diverse range of products including household items, personal care products, and health and wellness solutions. The company leverages innovative marketing strategies to reach a broad audience across multiple regions.

How the Company Makes Money

Passat SA generates revenue primarily through the sale of its consumer products via direct response television (DRTV) marketing and retail distribution. The company's key revenue streams include product sales through television infomercials, e-commerce platforms, and partnerships with major retail chains. By utilizing DRTV, Passat can directly engage with consumers, encouraging immediate purchases and driving sales volume. Additionally, strategic partnerships with retailers expand their market reach and enhance product accessibility. The company's earnings are also supported by its ability to identify and introduce new, innovative products that meet consumer demand, ensuring a steady flow of revenue.

Passat SA Financial Statement Overview

Summary

Overall, Passat SA has demonstrated strong revenue growth, although 2024 saw a slight decline. Profitability margins have decreased, impacting the income statement negatively. The balance sheet remains strong with low leverage and a high equity ratio, contributing to financial stability. However, cash flow challenges are evident with a significant drop in free cash flow, indicating the need for improved cash generation strategies.

Income Statement

Passat SA has shown a mixed performance in terms of its income statement. The gross profit margin decreased from 6.5% in 2023 to 4.2% in 2024, indicating a reduction in cost efficiency. The net profit margin also dropped from 3.4% to 1.8%. However, the revenue growth rate from 2022 to 2023 was 53.4%, showing strong growth, but it declined by 2.6% in 2024. EBIT margin decreased from 7.0% in 2023 to 3.6% in 2024, and EBITDA margin fell from 9.0% to 7.8%. Despite the decline in profitability metrics, the overall revenue growth remains a positive aspect.

Balance Sheet

The balance sheet of Passat SA reflects a stable financial position with a low debt-to-equity ratio of 0.21 in 2024, indicating low leverage. The return on equity has decreased to 2.8% in 2024 from 5.5% in 2023, suggesting reduced profitability for shareholders. The equity ratio remains strong at 60.6%, which indicates a robust capital structure with a significant portion of the company's assets financed by equity.

Cash Flow

Passat SA's cash flow statement reveals some concerns. The free cash flow decreased significantly from €7,188,000 in 2023 to -€1,678,000 in 2024, indicating challenges in generating excess cash after capital expenditures. The operating cash flow to net income ratio diminished from 4.0 in 2023 to 0.6 in 2024, suggesting reduced cash generation efficiency. Despite these challenges, the company has maintained positive operating cash flow, which is a positive aspect.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
62.33M	63.96M	41.67M	40.16M	36.34M
	Gross Profit
2.61M	4.18M	2.10M	2.63M	3.53M
	EBIT
2.27M	4.47M	1.67M	2.75M	3.27M
	EBITDA
4.88M	5.78M	6.16M	4.12M	4.45M
	Net Income Common Stockholders
1.14M	2.20M	3.52M	769.00K	2.22M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.16M	24.87M	15.37M	15.20M	20.41M
	Total Assets
68.11M	62.64M	57.90M	46.11M	41.28M
	Total Debt
8.84M	7.36M	5.03M	759.00K	1.05M
	Net Debt
2.82M	-1.31M	-4.09M	-7.37M	-12.24M
	Total Liabilities
26.47M	22.23M	19.35M	11.60M	8.23M
	Stockholders Equity
41.28M	39.93M	38.06M	33.82M	32.43M
Cash Flow		Free Cash Flow
-1.68M	7.19M	-124.00K	-2.70M	1.98M
	Operating Cash Flow
674.00K	8.86M	944.00K	-1.72M	3.25M
	Investing Cash Flow
-3.27M	-1.59M	-330.00K	-3.49M	-1.21M
	Financing Cash Flow
-1.41M	2.47M	-591.00K	-538.00K	-523.00K

Passat SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.84
• 50DMA: Positive
• 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:PSAT, the sentiment is Positive. The current price of 4.84 is above the 20-day moving average (MA) of 4.80, above the 50-day MA of 4.66, and above the 200-day MA of 4.72, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 57.87 is Neutral, neither overbought nor oversold. The STOCH value of 59.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:PSAT.

Passat SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MC	75 Outperform	€224.77B	17.91	19.53%	3.33%	-1.71%	-17.20%
FNAC	72 Outperform	€910.46M	24.66	2.16%	1.46%	4.81%	-28.59%
PSAT	67 Neutral	€19.14M	16.64	2.82%	―	-2.55%	-47.65%
Sector *	65 Neutral	€19.93B	12.39	7.39%	3.61%	-0.05%	-38.16%