| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 562.55 | -34 |
| Intrinsic value (DCF) | 550.16 | -35 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 1038.07 | 22 |
Les Docks des Pétroles d'Ambès SA (DPAM.PA) is a specialized French company engaged in the storage and shipping of petroleum products, including diesel, biofuels, jet fuel, technical fuels, and maritime fuels. Founded in 1930 and headquartered in Carbon-Blanc, France, the company operates in the Oil & Gas Refining & Marketing sector, serving clients primarily through tank truck and rail car logistics. With a market capitalization of approximately €72.9 million, DPAM plays a critical role in France's energy infrastructure, ensuring efficient fuel distribution. The company's strong operational cash flow of €7.5 million in 2023 and a debt-free balance sheet underscore its financial stability. DPAM's niche focus on petroleum storage and logistics positions it as a key player in France's energy supply chain, benefiting from consistent demand for fuel distribution services.
Les Docks des Pétroles d'Ambès presents a stable investment opportunity with low volatility (beta of 0.229) and a solid dividend yield, paying €41 per share in 2023. The company's debt-free status and consistent profitability (net income of €4.3 million in 2023) enhance its appeal to conservative investors. However, its small market cap and limited revenue growth (€19.1 million in 2023) suggest a niche player with modest expansion prospects. The company's reliance on the French petroleum storage market exposes it to regional economic fluctuations and regulatory risks in the energy sector. Investors seeking steady income and low-risk exposure to energy logistics may find DPAM attractive, but those looking for high growth should consider broader industry players.
Les Docks des Pétroles d'Ambès operates in a specialized segment of petroleum storage and logistics, differentiating itself through regional expertise and a focused service model. Its competitive advantage lies in its long-standing presence in France (since 1930) and its ability to serve diverse fuel types, including biofuels and maritime fuels. The company's debt-free balance sheet and strong cash flow generation provide financial flexibility, allowing it to reinvest in infrastructure without leverage risks. However, its small scale limits its ability to compete with larger multinational storage and logistics firms. DPAM's niche positioning shields it from direct competition with global oil majors but also caps its growth potential. The company's profitability metrics (EPS of €43.93) reflect efficient operations, though its reliance on the French market makes it vulnerable to local regulatory changes and energy transition policies. Its lack of international presence contrasts with larger competitors who benefit from diversified geographic operations.