In a short-term perspective, the company has interesting fundamentals.
Strengths
Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 22.9 support.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.48 for the 2020 fiscal year.
Its low valuation, with P/E ratio at 10.19 and 9.13 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
Weaknesses
According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company sustains low margins.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
For the past year, analysts have significantly revised downwards their profit estimates.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 27.1 EUR