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Stock Analysis & ValuationnamR S.A. (ALNMR.PA)

Professional Stock Screener
Previous Close
0.23
Sector Valuation Confidence Level
Low
Valuation methodValue, Upside, %
Artificial intelligence (AI)285.06123839
Intrinsic value (DCF)548.24238265
Graham-Dodd Methodn/a
Graham Formulan/a

Strategic Investment Analysis

Company Overview

namR SA is a French greentech company specializing in data intelligence for the ecological transition. Founded in 2017 and headquartered in Paris, namR provides actionable, geolocated data to public and private organizations to optimize investments and projects related to sustainability. The company aggregates publicly available non-personal information and enriches it to create a comprehensive database for buildings, enabling quantitative and qualitative classification. namR's solutions support renewable energy development, energy efficiency, climate risk assessment, smart grids, and short circuits. Its clientele includes property managers, insurers, retailers, and utility infrastructure managers. Operating in the Software - Application sector, namR plays a pivotal role in France's ecological transition by leveraging data-driven insights to drive sustainable initiatives. Despite its innovative approach, the company faces financial challenges, reflected in its negative net income for FY 2023.

Investment Summary

namR SA presents a unique investment opportunity in the growing greentech sector, leveraging data intelligence to support ecological transitions. The company's focus on geolocated data and sustainability aligns with global trends toward decarbonization and smart infrastructure. However, investors should be cautious due to its negative net income (-€4.03M in FY 2023) and high total debt (€6.54M), despite having €2.33M in cash reserves. The lack of operating cash flow and capital expenditures data further complicates financial assessment. Given its niche market and early-stage challenges, namR may appeal to ESG-focused investors willing to accept higher risk for potential long-term growth in France's green economy.

Competitive Analysis

namR SA operates in a specialized niche, combining data intelligence with ecological transition solutions, which differentiates it from generic software providers. Its competitive advantage lies in its proprietary geolocated database and focus on sustainability, catering to a growing demand for green data solutions in France. However, the company faces competition from larger SaaS providers and environmental analytics firms. Its small market cap (€1.37M) limits scalability compared to well-funded competitors. The lack of profitability and reliance on debt financing raise concerns about long-term viability. On the positive side, namR's early-mover advantage in France's greentech space and partnerships with public/private entities could strengthen its positioning if it achieves sustainable revenue growth. The company must balance innovation with financial discipline to compete effectively against established players with deeper resources.

Major Competitors

  • Schneider Electric SE (SCHNEIDER.SE): Schneider Electric is a global leader in energy management and automation, offering broader solutions than namR. Its strengths include strong brand recognition, extensive R&D resources, and a diversified product portfolio. However, Schneider lacks namR's specialized focus on geolocated ecological data, making it less agile in niche sustainability analytics.
  • Dassault Systèmes SE (DASSY.PA): Dassault Systèmes provides 3DEXPERIENCE platforms for sustainable innovation, competing indirectly with namR in data-driven environmental solutions. Its strengths lie in advanced simulation tools and a large enterprise client base. However, its solutions are more generic and less tailored to France's specific ecological transition needs compared to namR's localized approach.
  • Oracle Corporation (ORCL): Oracle offers cloud-based data analytics solutions that could overlap with namR's offerings. Its strengths include global scale, AI capabilities, and robust infrastructure. However, Oracle lacks namR's specialized focus on French ecological data and may not provide the same level of localized insights for sustainability projects in France.
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