Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Gascogne S.A. is an industrial company specializing in the production and distribution of paper and packaging products. This French-based company plays a pivotal role in supplying sustainable and eco-friendly packaging solutions made from natural resources. Gascogne S.A. operates through two main divisions: the Packaging division and the Wood division, emphasizing sustainable forest management and innovative paper production methods. The Packaging division focuses on manufacturing a wide range of products, including heavy-duty kraft paper, industrial packaging, and flexible packaging solutions. These products are widely used in various industries such as food and beverage, cosmetics, and pharmaceuticals, making the company a crucial player in sectors that demand rigorous quality and sustainability standards. In the financial market, Gascogne S.A. serves as an example of a company dedicated to integrating environmentally responsible practices with profitable business operations. Its commitment to sustainable forestry and recycling processes reflects its role in promoting green business practices within the packaging industry. By balancing economic objectives with environmental stewardship, Gascogne S.A. contributes to the industry's shift towards more sustainable operational models, filling a strategic niche in the market.
Operating margin is thin at 1.16%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 4.9% YoY. Margins deteriorated 3.1pp alongside, both lines moving the wrong way.
ROIC dropped from 4.54% to 0.86%, capital efficiency is deteriorating. Negative free cash flow of -€43M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€391M
▼ -4.9% YoY
Net Income (TTM)
-€625K
▼ -106.5% YoY
Op. Margin
1.16%
▼ -3.1pp YoY
ROIC
0.86%
▼ -3.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€43M
▲ +10.9% YoY
Op. Cash Flow (TTM)
-€12M
▼ -131.5% YoY
Net Debt
€149M
Cash & Equiv.
€105M
3Y CAGR: -0.6%
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