| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 7.48 | -50 |
| Graham Formula | 5.45 | -64 |
Osmozis SA is a French telecommunications company specializing in innovative connected services for holidaymakers and property owners across Europe. Founded in 2005 and headquartered in Clapiers, France, Osmozis offers a suite of patented solutions including WifiCamping for broadband internet access, OsmoKey for wireless locks, OsmoPay for electronic payments, and OsmoRelax for connected sunloungers. The company also provides OsmoGestion and OsmoVentes, software solutions for real-time financial management and point-of-sale operations. Operating in the Communication Services sector, Osmozis caters primarily to the hospitality and leisure industries, enhancing guest experiences through IoT and smart technology. With a market capitalization of €41.5 million, Osmozis is positioned as a niche player in Europe's digital transformation of holiday destinations, combining connectivity, security, and convenience for both travelers and property managers.
Osmozis SA presents a unique investment opportunity in the European telecommunications and hospitality tech space, with a focus on IoT-driven solutions for holiday parks and resorts. The company reported €12.7 million in revenue and €0.7 million in net income for FY 2023, with a diluted EPS of €0.27. Its strong operating cash flow of €4 million suggests healthy liquidity, though capital expenditures of -€4.6 million indicate ongoing investments in infrastructure. With no dividend payouts, Osmozis appears to be reinvesting earnings into growth. The company's beta of 0.834 suggests lower volatility compared to the broader market, making it a potentially stable pick in the tech-enabled hospitality sector. However, its niche focus and modest scale may limit upside compared to broader telecom players.
Osmozis SA occupies a specialized niche at the intersection of telecommunications and hospitality technology, differentiating itself through patented solutions like WifiCamping and OsmoKey. Its vertically integrated offerings—from connectivity to payment systems—create stickiness with holiday park operators. The company's competitive advantage lies in its deep understanding of European holidaymakers' needs and its ability to bundle hardware, software, and services. However, its small scale (€12.7M revenue) limits R&D firepower compared to telecom giants. While its solutions are tailored for leisure destinations, this specialization also creates concentration risk. The capital-intensive nature of network infrastructure is evidenced by high capex (€-4.6M), and the company carries significant debt (€14.1M) relative to its cash position (€9.4M). Competitively, Osmozis must contend with both telecom providers expanding into IoT and specialized hospitality tech vendors. Its success hinges on maintaining technological differentiation while expanding its partner network across European holiday markets.