| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 153.13 | 55 |
| Intrinsic value (DCF) | 141.11 | 43 |
| Graham-Dodd Method | 364.94 | 269 |
| Graham Formula | 138.62 | 40 |
Caisse régionale de Crédit Agricole Mutuel Loire Haute-Loire - Société coopérative (CRLO.PA) is a regional cooperative bank based in Saint-Étienne, France, offering a comprehensive suite of banking and financial services. Operating under the Crédit Agricole Group, one of France's largest banking networks, CRLO serves individuals, professionals, farmers, businesses, and public entities. The bank provides savings accounts, investment solutions, insurance products (including life, health, and property insurance), and tailored credit facilities such as real estate and personal loans. As part of the cooperative model, CRLO emphasizes local economic development and member-centric services, reinforcing its strong regional presence in the Loire and Haute-Loire regions. With a market capitalization of approximately €71.2 million, CRLO plays a vital role in France's regional banking sector, combining traditional banking stability with cooperative values.
CRLO.PA presents a stable investment opportunity within the regional banking sector, supported by its affiliation with the Crédit Agricole Group and cooperative structure. The bank's low beta (0.6) suggests lower volatility compared to broader markets, appealing to risk-averse investors. With a solid net income of €77.8 million and a diluted EPS of €5.96 in its latest fiscal year, CRLO demonstrates profitability. However, negative operating cash flow (-€111.6 million) and capital expenditures (-€22.4 million) raise questions about liquidity management. The dividend yield, with a payout of €2.76 per share, adds income appeal. Risks include exposure to regional economic fluctuations and competitive pressures from larger national banks. Investors should weigh its cooperative stability against growth limitations inherent in its localized focus.
CRLO.PA operates in a highly competitive French regional banking landscape, where it leverages the Crédit Agricole network's brand strength and cooperative model to differentiate itself. Its competitive advantage lies in deep regional integration, personalized customer relationships, and a member-focused approach—traits that larger national banks often lack. However, its regional focus limits scale compared to nationwide peers like BNP Paribas or Société Générale. CRLO's product suite is comprehensive but lacks the technological innovation and digital banking prowess of neobanks like Boursorama (a subsidiary of Société Générale). The cooperative structure provides stability but may constrain aggressive expansion or cost-cutting measures. CRLO's zero total debt is a strength, but negative operating cash flow signals potential liquidity challenges. Its competitive positioning hinges on balancing local relevance with the need to modernize services to retain younger customers.