AlphaValue Corporate Services
Cette analyse a été commandée et financée par l’entreprise concernée et constitue donc un avantage non-monétaire mineur tel que défini par MIFID2

Dolfines

CR
Bloomberg   ALDOL FP
Ingénierie lourde  /  France  Web Site   |   Investors Relation
Acquisitions and new management ensure growth but financing still a headache
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
Mises à Jour
21/06/24OpinionAchat vs Accumuler
03/11/23 RésultatsAmélioration opérationnelle prometteuse ...
02/11/23 TargetThe target price resets 62% lower having...
02/11/23 NAVFor the sizeable decrease in the NAV val...
07/08/23 TargetIn the aftermath of our latest update 2 we...
07/08/23 NAVGiven the significant number of new shar...
17/07/23 EPSOur FY22 figures have been decreased ...
17/07/23 NAVSimilarly, share dilution has reduced the ...
17/07/23 DCFWhile this tiny group is changing its man...
29/05/23 RésultatsJusqu'ici malmené, Dolfines améliore ses...
02/03/23 M&A /Corp.Une nouvelle acquisition financée par de...
01/02/23 TargetThe target price is reduced due to the de...
01/02/23 NAVThe NAV decrease stems from the massi...
01/02/23 DCFThe decline in the DCF is driven by the s...
23/11/22 NAVSince our last update, Dolfines has contin...
23/11/22 DCFThe sharp drop in the DCF is subject to t...
28/09/22 TargetIn the aftermath of last week's developme...
28/09/22 EPSThe dilution as a result of the conversion ...
28/09/22 NAVThe downgrade in the NAV is also explai...
28/09/22 DCFThe downward change in DCF is also ex...
26/09/22 Question d...Dolfines dans la tempête du refinancement
28/07/22 RésultatsS1 : progression du chiffre d’affaires de...
09/06/22 StrategyPoursuite du développement dans les én...
09/05/22 EPSWe have updated our model with the inte...
09/05/22 NAVFollowing the FY21 results, we have add...
09/05/22 DCFIn line with the NAV, the DCF is impacted...
03/05/22 RésultatsRésultats 2021 : une recapitalisation face...
01/04/22 EPSThe company has published a positive rel...
31/03/22 Autres NewsUn bon début d’année
11/01/22 Autres NewsPré-qualification pour les futurs appels d’...
22/12/21 NAVThe NAV and DCF are down as we have ...
22/12/21 DCFThe DCF is down in line with the NAV, as...
01/12/21 Autres NewsEmission d’un deuxième « green bond », ...
10/11/21 EPSThe EPS are down as we have adjusted ...
10/11/21 NAVThe NAV is down as we have trimmed ou...
10/11/21 DCFThe DCF is down on our lower estimates ...
02/11/21 RésultatsRésultats du S1 : rebond de l’activité dan...
27/08/21 EPSWe have updated our model following the...
27/08/21 NAVThe NAV is down as we have added high...
02/08/21 Autres NewsFinalisation de l’acquisition dans le secte...
19/07/21 Autres NewsPremiers signes de reprise
25/05/21 M&A /Corp.Acquisition stratégique dans le secteur d...
19/05/21 TargetOn top of the EPS updates (see below), n...
19/05/21 EPSWe have updated our model and now se...
27/04/21 RésultatsRésultats 2020 : extension des services à...
07/02/21 Autres NewsEmission d’un Green Bond ; Signature d'...
12/11/20 Autres NewsUn nouveau partenariat pour soutenir la c...
04/11/20 EPSFollowing the H1 release, we have updat...
30/10/20 RésultatsH1 : un semestre à oublier dans le activit...
07/10/20 Autres NewsL'accent reste mis sur l'éolien flottant, re...
Objectif
Potentiel 26,4 %
Cours (€) 0,00
Capi (M€) 9,63
Perf. 1S: -23,1 %
Perf. 1M: 0,00 %
Perf. 3M: 42,9 %
Perf Ytd: 100 %
Perf. relative/stoxx600 10j: 1,61 %
Perf. relative/stoxx600 20j: 1,05 %