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ALTAI.PA$3.96-2.47%
Fair $3.96+0.0%

ALTAI.PA

LightOn SA

Technology / Software - InfrastructureParis

$3.96

-0.10 (-2.47%)

Fairly Valued+0.0%Fair Value $3.96Fund rank 29/100 · Data gapFallback financials|
SA 17/F
F-Score: 1/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-2.9M · quality 54.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

17/100

F

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -1.8%, below the 5% threshold
Thesis & Journal · ALTAI.PALocal privado en este navegador · LightOn SA
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$25M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-181.2%

↓

Gross Margin

-150.3%

↓

Debt/Equity

0.02

↓
52-Week Range$4
$3$17

TradingView lightweight chart

ALTAI.PA price, volumen y niveles de valoración

Último $3.955Periodo -66.0%
Fair value: $3.955

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-2.0%

FCF CAGR

—

FCF margin

-458.2%

FCF / Net income

1.08x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.7M · net income $-7.4M · FCF $-8.0M

2022-FY → 2025-FY

Gross margin

-150.3%-180.5% pts

Operating margin

-440.0%-421.3% pts

Net margin

-424.8%-417.6% pts

FCF margin

-458.2%-435.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.7M$1.7M$1.1M$8.0M$1.8M
Net Income$-7.4M$-7.4M$-4.8M$3.4M$-133000.00
EBITDA$-6.6M$-6.6M$-4.2M$4.3M$244000.00
EPS-1.15-1.15-0.800.56-0.02
Gross Margin-150.3%-150.3%-145.3%74.1%30.1%
Operating Margin-440.0%-440.0%-448.3%46.2%-18.7%
Net Margin-424.8%-424.8%-426.3%42.3%-7.2%
Balance Sheet
Debt/Equity0.020.020.020.402.47
Current Ratio3.763.76———
Cash Flow
Free Cash Flow$-8.0M$-8.0M$-2.9M$3.9M$-424000.00
Returns
ROE-181.2%-181.2%-42.0%76.8%-18.0%
Valuation
P/B6.526.528.27——
Growth & Yield
Revenue Growth54.1%54.1%-85.8%331.5%—
EPS Growth-43.5%-43.5%-242.9%2632.3%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -77.0%

Total return

-77.0%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.80 → -1.15

Residual

-77.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-77.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.