Pros
- 8.2 France (wind services) will reduce the group’s exposure to oil price fluctuations and lower its cyclicality
- Floating offshore wind is a >200GW (by 2050) mostly untapped market in which Dolfines can contribute its extensive off-shore know-how and experience
- Oil & gas activities see a rebound in 2022 and supported by high oil prices
Cons
- Client concentration and project delays can have a large impact on a small company
- In the floating offshore wind market, Dolfines’ main competitors are several years ahead in terms of developments
- The increased size of future offshore wind auctions could restrain small players’ access to market
| | |
|
12/20A
|
12/21A
|
12/22E
|
12/23E
|
12/24E
|
|
PER ajusté (x)
| | |
-3,44
|
-7,65
|
-43,7
|
-2,27
|
4,10
|
|
Rendement net (%)
| | |
0,00
|
0,00
|
0,00
|
0,00
|
0,00
|
|
VE/EBITDA(R) (x)
| | |
-5,76
|
-11,2
|
ns
|
-12,9
|
2,06
|
|
BPA ajusté (€)
| | |
-0,15
|
-0,08
|
-0,01
|
0,00
|
0,00
|
|
Croissance des BPA (%)
| | |
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
|
Dividende net (€)
| | |
0,00
|
0,00
|
0,00
|
0,00
|
0,00
|
|
Chiffre d'affaires (k€)
| | |
2 525
|
4 392
|
7 600
|
9 279
|
10 754
|
|
Marge d'EBIT (%)
| | |
-67,5
|
-29,5
|
-4,89
|
-3,51
|
9,88
|
|
Résultat net pdg (k€)
| | |
-2 323
|
-1 558
|
-672
|
-680
|
404
|
|
ROE (après impôts) (%)
| | |
-121
|
-81,8
|
-21,7
|
-13,8
|
7,66
|
|
Taux d'endettement (%)
| | |
79,4
|
168
|
50,2
|
18,3
|
14,7
|
|
|
|
Potentiel
870 %
Cours (€)
0,01
Capi (M€)
1,65
|
|
Perf. 1S:
|
-1,69 %
|
|
Perf. 1M:
|
18,4 %
|
|
Perf. 3M:
|
-24,7 %
|
|
Perf Ytd:
|
-17,1 %
|
|
Perf. relative/stoxx600 10j:
|
4,81 %
|
|
Perf. relative/stoxx600 20j:
|
19,6 %
|
|
