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.
Figeac Aero Société Anonyme is a leading French aerospace subcontractor specializing in the manufacture and supply of equipment and sub-assemblies for the aeronautics sector. Founded in 1989 by Jean-Claude Maillard and headquartered in Figeac, France, the company produces a wide range of precision components, including aluminum and hard metal structural parts, engine parts, landing gear elements, beams, cockpit components, fuselage frames, wing panels, and de-icing systems. It also offers advanced services such as surface treatments, non-destructive testing, and specialized coatings for aerospace and military applications. Recognized as Europe's top subcontractor in the industry by 2023, Figeac Aero serves major clients like Airbus, Bombardier, and Dassault, earning accolades such as a top-20 global supplier status from Airbus in 2010. The company has expanded globally with production sites in Tunisia, Morocco, Mexico, the United States (Wichita, Kansas), and Romania, employing around 3,300 people and generating €397.2 million in revenue in 2023. Listed on Euronext since 2013, it plays a critical role in the aerospace supply chain through its expertise in high-speed machining, large-scale parts, and industrial excellence.
Operating margin is thin at 1.03%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 16.3% YoY with margins expanding 3.0pp.
Net debt of €282M represents 13.6x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€397M
▲ +16.3% YoY
Net Income (TTM)
-€12M
▲ +32.4% YoY
Op. Margin
1.03%
▲ +3.0pp YoY
ROIC
0.72%
▲ +1.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€21M
▲ +211.7% YoY
Op. Cash Flow (TTM)
€68M
▲ +979.8% YoY
Net Debt
€282M
Cash & Equiv.
€89M
Continue Research