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Catana Group SA (FR:ALCAT)
:ALCAT
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Catana Group SA (ALCAT) AI Stock Analysis

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FR:ALCAT

Catana Group SA

(ALCAT)

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Neutral 53 (OpenAI - Gpt-5.6Sol)
Rating:53Neutral
Price Target:
€2.00
▲(9.89% Upside)
Action:Reiterated
Date:07/25/26
The score is held back mainly by weak cash-flow quality (negative free cash flow in 2024–2025) and a clear bearish technical setup with the stock trading below all major moving averages. These risks are partially offset by a supportive valuation profile (low P/E and high dividend yield) and a generally manageable balance sheet.
Positive Factors
Manageable leverage
Moderate leverage and an equity-supported balance sheet provide a useful financial foundation for navigating cyclical yacht demand. This should preserve some capacity to fund operations and pursue product development, even though recent leverage trends are less favorable.
Negative Factors
Sharp 2025 downturn
The 2025 reversal indicates that earnings are exposed to cyclical changes in yacht demand, pricing, product mix, or delivery volume. A sustained decline in revenue and margins would weaken reinvestment capacity and make recovery dependent on a return of healthier market conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
Moderate leverage and an equity-supported balance sheet provide a useful financial foundation for navigating cyclical yacht demand. This should preserve some capacity to fund operations and pursue product development, even though recent leverage trends are less favorable.
Read all positive factors

Catana Group SA (ALCAT) vs. iShares MSCI France ETF (EWQ)

Catana Group SA Business Overview & Revenue Model

Company Description
S.A. Catana Group specializes in the design, manufacturing, and worldwide distribution of recreational vessels. The company's product line prominently features catamarans, which are sold under their distinct CATANA and Bali brand names. Founded in...
How the Company Makes Money
Catana Group primarily makes money by selling new sailing catamarans to end customers, typically via an international dealer/distributor network. Revenue is generated from (i) the sale and delivery of new boats (the core revenue stream), (ii) opti...

Catana Group SA Financial Statement Overview

Summary
Income statement is mid-range (54) due to a sharp 2025 downturn after strong 2021–2024 performance, with materially weaker revenue and margins. Balance sheet is relatively supportive (63) with manageable leverage, though leverage has risen recently. Cash flow is the key drag (32) with negative free cash flow in 2024 and 2025 and weak cash conversion, raising flexibility and earnings-quality concerns.
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
32
Negative
BreakdownTTMAug 2025Aug 2024Aug 2023Aug 2022Aug 2021
Income Statement
Total Revenue175.90M174.90M229.50M207.33M148.57M101.77M
Gross Profit11.23M18.00M130.18M112.20M84.46M60.71M
EBITDA15.65M24.10M47.38M34.55M29.01M18.97M
Net Income5.98M11.80M29.68M19.35M15.90M14.13M
Balance Sheet
Total Assets232.26M230.93M225.89M210.34M176.44M114.06M
Cash, Cash Equivalents and Short-Term Investments36.59M42.66M50.17M63.14M67.16M45.58M
Total Debt52.20M60.74M44.91M25.43M24.40M27.43M
Total Liabilities131.87M125.83M126.23M130.44M113.17M61.09M
Stockholders Equity97.59M100.84M93.55M72.81M59.16M50.30M
Cash Flow
Free Cash Flow9.90M-13.68M-11.83M2.48M32.39M12.44M
Operating Cash Flow26.27M6.14M13.24M13.46M37.39M18.64M
Investing Cash Flow-23.87M-21.18M-25.84M-9.84M-5.50M-5.86M
Financing Cash Flow4.21M3.55M-381.00K-7.66M-10.31M-2.10M

Catana Group SA Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.82
Price Trends
50DMA
1.92
Positive
100DMA
2.11
Negative
200DMA
2.36
Negative
Market Momentum
MACD
0.01
Negative
RSI
58.76
Neutral
STOCH
82.46
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALCAT, the sentiment is Neutral. The current price of 1.82 is below the 20-day moving average (MA) of 1.86, below the 50-day MA of 1.92, and below the 200-day MA of 2.36, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 58.76 is Neutral, neither overbought nor oversold. The STOCH value of 82.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:ALCAT.

Catana Group SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
53
Neutral
€59.56M9.596.02%6.63%-14.15%-70.94%
51
Neutral
€469.95M-11.10-5.80%3.51%-17.96%-179.36%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:ALCAT
Catana Group SA
1.96
-1.17
-37.48%
FR:BEN
Beneteau
5.69
-2.73
-32.39%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2026