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.
Ayvens SA is a leading global sustainable mobility player specializing in full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions. Formerly known as ALD Automotive, the company was incorporated in 1998, rebranded to Ayvens in 2024, and is headquartered in Rueil-Malmaison, France, operating as a majority-owned subsidiary of Société Générale with a significant free float. Ayvens manages approximately 3.42 million vehicles across 42 countries, holding top positions in Europe and worldwide by contract volume, excluding OEM captives. Its offerings include operational car leasing, consultancy, car auctions, sale or leaseback options, and innovative services like e-bike leasing, supporting businesses and individuals in transitioning to sustainable transport. The company expanded through key acquisitions such as LeasePlan and others, enhancing its international footprint in Europe, Latin America, Asia, and beyond. Listed on Euronext Paris since 2017, Ayvens plays a pivotal role in the fleet management sector, driving the shift toward electric and hybrid vehicles while providing comprehensive mobility solutions.
Operating margin is thin at 7.92%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 0.0% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €34.29B represents 23.8x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€25.05B
Net Income (TTM)
€1000M
▲ +40.7% YoY
Op. Margin
7.92%
▲ +2.1pp YoY
ROIC
2.82%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1.44B
▲ +258.4% YoY
Op. Cash Flow (TTM)
€1.54B
▲ +220.8% YoY
Net Debt
€34.29B
Cash & Equiv.
€2.35B
3Y CAGR: +30.0%
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