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.
LNA Santé SA is a family-owned French company founded in 1990 in Nantes, operating as a Société Anonyme (SA) with a conseil d'administration. It specializes in comprehensive healthcare services for fragile individuals and those with loss of autonomy, managing over 85 establishments including clinics for surgery, rehabilitation, mental health, home hospitals, medicalized retirement homes, health centers, and daycare facilities. Employing around 9,000 professionals, LNA Santé SA functions as an 'entreprise à mission,' committing to care for patients, their families, staff, and the environment while fostering cooperation and innovation to address territorial health challenges. Its activities span medico-social services like EHPADs (nursing homes) and residential care, alongside sanitary domains such as Soins de Suite et de Réadaptation (SSR), Hospitalisation à Domicile (HAD), psychiatry, and medicine-surgery. With a unique family model emphasizing long-term human strategy, transparent governance, and patient-centered care, LNA Santé SA plays a significant role in France's healthcare sector, supporting continuous patient care pathways and societal health needs.
Operating margin is thin at 8.21%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 13.1%, still solid. Free cash flow declined 12% despite revenue growth, conversion is weakening.
Free cash flow declined 12% versus the prior year, cash generation momentum has weakened. Net debt of €812M represents 9.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€913M
▲ +13.1% YoY
Net Income (TTM)
€26M
▲ +12.2% YoY
Op. Margin
8.21%
▼ -0.1pp YoY
ROIC
3.96%
▲ +0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€86M
▼ -12.1% YoY
Op. Cash Flow (TTM)
€97M
▼ -10.8% YoY
Net Debt
€812M
Cash & Equiv.
€95M
3Y CAGR: +7.8%
3Y CAGR: -1.3%
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