| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 6780.20 | 5324 |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | n/a | |
| Graham Formula | n/a |
Hydro-Exploitations SA (MLHYE.PA) is a French company specializing in small-scale hydroelectric power production. Founded in 1953 and headquartered in Saint-Gaudens, France, the company operates micro power plants in the South West of France, contributing to renewable energy generation. As part of the Industrials sector and Engineering & Construction industry, Hydro-Exploitations plays a niche but vital role in sustainable energy infrastructure. With a market capitalization of €14.76 million, the company focuses on localized energy production, leveraging France's regulatory support for renewable energy. Its operations align with global trends toward decarbonization and energy independence, positioning it as a small yet relevant player in Europe's green energy transition. Investors interested in micro-hydroelectric projects and regional renewable energy opportunities may find Hydro-Exploitations an intriguing prospect.
Hydro-Exploitations SA presents a specialized investment opportunity in the renewable energy sector, particularly in micro-hydroelectric power. The company's €92.8 million revenue and €1.71 million net income in FY 2023 reflect stable operations, supported by €4.9 million in operating cash flow. However, its modest market cap (€14.76 million) and high total debt (€17.89 million) relative to cash reserves (€10.01 million) indicate financial leverage risks. The low beta (0.44) suggests lower volatility compared to the broader market, appealing to conservative investors. A dividend yield of ~1.6% adds income potential, but growth may be constrained by the niche nature of micro-hydro projects and regional dependence. Regulatory support for renewables in France is a tailwind, but competition from larger energy firms and scalability challenges could limit upside.
Hydro-Exploitations SA operates in a highly specialized segment of the renewable energy market, focusing exclusively on micro-hydroelectric plants in southwestern France. Its competitive advantage lies in localized expertise, long-standing operational history (since 1953), and regulatory familiarity in a region supportive of small-scale renewables. Unlike utility-scale renewable players, the company’s small footprint allows agile adaptation to local hydrological conditions and community-based energy projects. However, its regional concentration poses risks—dependence on French regulatory frameworks and limited geographic diversification. Competitively, it lacks the scale and financial muscle of larger renewable energy firms, restricting its ability to bid for major infrastructure projects. The company’s debt-to-equity ratio suggests leveraged operations, which could become problematic if energy prices or subsidies fluctuate. Its niche focus differentiates it from broader renewable players but also caps market expansion potential. Strengths include stable cash flow from existing plants and low correlation to broader equity markets (per low beta), while weaknesses include scalability constraints and exposure to single-market regulatory risks.