Claranova S.E.
Alcasa provides software solutions for enterprise resource planning and business intelligence, generating revenue through subscription licenses and professional services.
Business. ALCLA.PA is a software company operating within the Technology sector, specifically focused on software and IT services. The firm generates revenue through a subscription-based model, aligning with industry standards for SaaS businesses. No specific operating segments, headquarters location, or primary exchange listing details are provided in the available data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.
Analyst recommendations
2 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ALCLA.PA is a software company operating within the Technology sector, specifically focused on software and IT services. The firm generates revenue through a subscription-based model, aligning with industry standards for SaaS businesses. No specific operating segments, headquarters location, or primary exchange listing details are provided in the available data. Consequently, the company is described at the industry level without geographic or segment-specific breakdowns.
The company’s capital structure is moderately leveraged, with a debt-to-equity ratio of 1.21, indicating a significant reliance on debt financing. Liquidity is constrained, as evidenced by a current ratio of 0.83 and negative net cash after subtracting total debt. Free cash flow is negative at -25.1 million EUR, driven by capital expenditures of -2.8 million EUR and operating cash flow of 23.5 million EUR.
Profitability metrics show a return on equity (ROE) of 1.79 and return on assets (ROA) of 0.54, both below the industry median for software firms. Gross profit of 59.7 million EUR represents 50.6% of revenue, but operating income of 6.0 million EUR reflects high operating expenses. Net income of 73.6 million EUR is strong in absolute terms but underperforms relative to revenue scale.
Geographically, the company’s revenue is concentrated in a single region, with no disclosed segment breakdown. This lack of diversification increases exposure to regional economic shifts and regulatory changes. The absence of segment data also limits visibility into growth drivers or underperforming areas.
Growth trajectory is modest, with no disclosed revenue growth rates or forward-looking guidance. Outlook data is incomplete, but the company’s free cash flow burn and high debt load suggest limited capacity for organic expansion or M&A. Analysts have assigned a mean price target of 1.80 EUR, with a median of 1.80 EUR and a wide range from 1.00 to 2.60 EUR, reflecting uncertainty in valuation.
Risk factors include liquidity constraints and a high debt-to-equity ratio, which could limit flexibility during downturns. Dilution risk is low, as shares outstanding remain unchanged between basic and diluted counts. However, the negative free cash flow and capital expenditures suggest potential future financing needs.
Recent filings and transcripts are not available in the provided data, limiting insight into management commentary or strategic shifts. The company’s financial disclosures are limited to standard market data metrics, with no additional context on R&D investments or customer concentration.
- The company is highly leveraged, with a debt-to-equity ratio of 1.21 and negative net cash after debt.
- ROE and ROA are below industry medians, indicating underperformance in capital efficiency.
- Free cash flow is negative, driven by capital expenditures and insufficient operating cash flow.
- Revenue concentration in a single region and lack of segment data increase operational risk.
- Analysts are divided on valuation, with a wide range of price targets and a mean recommendation of 2.00.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,12 |
| Revenue | —no estimate | —no estimate | 106,0M EUR |
| Operating income | —no estimate | —no estimate | 21,0M EUR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
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- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- ALCLA.PA Market data — financials · 2026-05-27
- Claranova SE Market data — analyst estimates · 2026-05-27