| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 0.13 | -96 |
| Graham Formula | 0.08 | -98 |
Micropole S.A. (ALMIC.PA) is a leading French consulting, engineering, and training company specializing in digital transformation, data governance, and decision-support solutions. Founded in 1987 and headquartered in Levallois-Perret, France, Micropole operates both domestically and internationally, offering expertise in business intelligence, digital marketing, data science, cloud services, and regulatory compliance (including GDPR). The company serves diverse industries with tailored solutions in operational and financial management, customer relationship optimization, and enterprise architecture. As a key player in the Information Technology Services sector, Micropole leverages its deep technical knowledge and consulting capabilities to help businesses navigate digitalization challenges. With a market capitalization of approximately €84 million, Micropole competes in the growing European IT services market, where demand for data-driven decision-making and cloud-based solutions continues to expand.
Micropole presents a mixed investment profile. On the positive side, the company operates in high-growth segments like digital transformation and data analytics, with a diversified service portfolio. Its €141.9 million revenue in 2023 demonstrates market traction, though net income was marginal at €168,000. The company maintains reasonable liquidity (€16.2 million cash) but carries €30.8 million in debt. With no dividend payout and a beta of 1.06, Micropole may appeal to growth-oriented investors willing to accept sector volatility. Key risks include intense competition in IT consulting, reliance on the European market, and the capital-intensive nature of digital transformation projects. The company's ability to scale profitability while managing debt will be critical for future performance.
Micropole competes in the fragmented IT consulting and digital transformation market, where it differentiates through specialized expertise in data governance and decision-support systems. The company's competitive advantage lies in its integrated approach combining consulting, engineering, and training - a model that creates client stickiness. Its focus on regulatory compliance (particularly GDPR) gives it an edge in the European market where data privacy concerns are paramount. However, as a mid-sized player (€84M market cap), Micropole lacks the global scale of major IT service providers, potentially limiting its ability to compete for large multinational contracts. The company's financials suggest it operates with thinner margins than industry leaders, possibly due to pricing pressure in the competitive French IT services market. Micropole's cloud and data science platform offerings provide growth potential but require continued R&D investment to stay competitive against deep-pocketed SaaS providers. Its beta of 1.06 indicates slightly higher volatility than the market, typical for mid-cap IT services firms.