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.
Icape Holding S.A. is a company that specializes in the supply and distribution of printed circuit boards (PCBs) and technical parts. Founded in 1999 and based in France, Icape Holding provides crucial components for a wide range of industries, including automotive, telecommunications, consumer electronics, and industrial equipment. Its primary function is to facilitate the seamless manufacturing process for electronic devices by ensuring the availability and quality of PCBs, which are integral to device functionality and performance. Icape Holding distinguishes itself through its comprehensive services that encompass design support, prototype development, and risk management for the supply chain. The company's extensive global network, with offices and logistics hubs around the world, allows it to efficiently serve customers by providing customized solutions and meeting the rigorous demands of high-tech industries. In the financial market, Icape Holding plays a significant role due to its contributions to the growth and innovation of the electronics sector, providing essential components that enable technological advancement across multiple fields.
Operating margin is thin at 3.56%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 11.7%, still solid. Free cash flow declined 14% despite revenue growth, conversion is weakening.
Free cash flow declined 14% versus the prior year, cash generation momentum has weakened. ROIC dropped from 9.81% to 7.40%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€200M
▲ +11.7% YoY
Net Income (TTM)
-€2M
▼ -142.6% YoY
Op. Margin
3.56%
▼ -1.5pp YoY
ROIC
7.40%
▼ -2.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€5M
▼ -14.3% YoY
Op. Cash Flow (TTM)
€8M
▲ +10.7% YoY
Net Debt
€35M
Cash & Equiv.
€18M
3Y CAGR: -3.0%
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