| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1845.80 | 14608 |
| Intrinsic value (DCF) | 3759.09 | 29853 |
| Graham-Dodd Method | 18.60 | 48 |
| Graham Formula | n/a |
BOA Concept SAS is a French industrial machinery company specializing in the design, manufacturing, and installation of order picking systems for retail logistics. Founded in 2012 and headquartered in Saint-Etienne, France, BOA Concept provides modular and pallet conveyors that optimize product transfer, handling, and shipping processes. The company operates in the industrials sector, catering to the growing demand for efficient logistics solutions in retail and e-commerce. With a market capitalization of approximately €18.9 million, BOA Concept leverages its modular and scalable conveyor systems to serve clients seeking automation and operational efficiency. The company’s focus on innovation and adaptability positions it well in the competitive logistics automation industry, particularly in Europe. BOA Concept’s financial stability, evidenced by a net income of €1.56 million in FY 2023, underscores its ability to deliver value in a niche yet expanding market.
BOA Concept SAS presents a niche investment opportunity in the logistics automation sector, with a focus on modular conveyor systems. The company’s FY 2023 financials show solid profitability (net income of €1.56 million) and a strong cash position (€11.04 million), suggesting financial stability. However, its small market cap (~€18.9 million) and lack of dividend payouts may deter income-focused investors. The low beta (0.49) indicates lower volatility relative to the market, which could appeal to risk-averse investors. Key risks include reliance on the retail logistics sector, limited geographic diversification (headquartered in France), and capital expenditures (-€1.19 million) that may pressure cash flow. Investors should weigh BOA Concept’s specialization against its growth potential in an increasingly automated logistics landscape.
BOA Concept SAS competes in the industrial machinery sector, specifically in logistics automation solutions. Its competitive advantage lies in its modular and scalable conveyor systems, which offer flexibility for retail and e-commerce logistics operations. The company’s focus on order-picking systems differentiates it from broader industrial machinery providers. However, its small size (~€16.04 million revenue in FY 2023) limits its ability to compete with multinational players in terms of R&D and global reach. BOA Concept’s strength is its specialization in conveyors, allowing for tailored solutions, but this niche focus also exposes it to sector-specific downturns. The company’s financial health (positive net income, low debt) provides stability, but its growth prospects depend on expanding beyond its current market. Competitors with larger scale may outperform in innovation and pricing, but BOA Concept’s agility and targeted offerings could appeal to mid-sized logistics operators seeking cost-effective automation.