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Charwood Energy S.A (ALCWE) AI Stock Analysis

FR:ALCWE

Charwood Energy S.A

(Paris:ALCWE)

Select Model
Rating:44Neutral
Price Target:EUR 4.00â–¼(-1.48% Downside)
Action:reiterated
Date:10/13/26

The score is primarily weighed down by weak financial performance—ongoing losses, negative operating/free cash flow, and a more leveraged balance sheet despite strong 2025 revenue growth. Technicals are supportive of an uptrend but are tempered by overbought signals, while valuation is constrained by negative earnings and the absence of dividend support.

Positive Factors
2025 Revenue ReboundRevenue rebounded about 72% in 2025 after weakness in 2023–2024, indicating renewed demand traction. If sustained, this broader project and energy-sales base can improve operating leverage and provide a stronger platform for scaling the plant portfolio.
Negative Factors
Persistent UnprofitabilityStrong top-line growth has not yet translated into sustainable profitability: EBIT, EBITDA, and net income remained negative in 2025 following losses in prior years. Continued losses indicate unresolved execution or cost-structure pressure and may limit internally funded expansion over the next several quarters.

Charwood Energy S.A (ALCWE) vs. iShares MSCI France ETF (EWQ)

-20%-10%0%10%20%30%40%FR:ALCWE+31.82%EWQ-1.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
EUR 21.01M
Dividend Yield
―
Average Volume (3M)
3,204
Price to Earnings (P/E)
-5.8
Beta (1Y)
0.50
Revenue Growth
82.80%
EPS Growth
-30.59%
Country
France
Employees
40
Sector
Utilities
Sector Strength
66
Industry
Renewable Utilities

Charwood Energy S.A Business Overview & Revenue Model

Company Description

Established in 2006 and headquartered in Saint-Nolff, France, Charwood Energy S.A. focuses on the entire lifecycle of biomass-fueled power stations, from their conceptual design and construction to installation and ongoing operation. The company oper...

How the Company Makes Money

Charwood Energy makes money primarily through (1) selling energy produced by its biomass-based plants—revenues typically come from selling electricity to the grid and/or selling heat to nearby industrial or district-heating customers under supply con...

Charwood Energy S.A Financial Statement Overview

Summary

Despite a strong 2025 revenue rebound (~+72% YoY), profitability and cash generation remain weak: losses persist with negative EBIT/EBITDA and net loss, operating and free cash flow are negative through 2025. Balance-sheet risk has increased as debt rose materially while equity declined, reducing financial flexibility and increasing financing/dilution risk.

Income Statement

42Neutral

Balance Sheet

38Negative

Cash Flow

33Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue11.28M9.30M5.06M5.16M5.40M4.56M
Gross Profit1.52M3.67M1.93M78.95K2.82M2.92M
EBITDA-2.22M-1.04M-2.90M-1.38M-313.04K1.04M
Net Income-3.63M-2.06M-3.50M-1.56M-541.34K560.44K
Balance Sheet
Total Assets18.16M16.76M11.03M14.36M14.30M4.43M
Cash, Cash Equivalents and Short-Term Investments2.91M1.88M746.39K3.09M6.43M1.48M
Total Debt7.01M5.23M2.42M2.76M1.60M2.02M
Total Liabilities17.69M13.81M6.17M5.88M4.17M3.60M
Stockholders Equity519.29K3.03M5.10M8.62M10.23M895.59K
Cash Flow
Free Cash Flow-2.92M-1.87M-1.97M-4.17M-4.06M392.05K
Operating Cash Flow-2.22M-1.70M-1.41M-2.23M-2.86M862.40K
Investing Cash Flow-344.97K196.09K-464.57K-2.11M-1.41M-180.81K
Financing Cash Flow4.81M2.76M-598.09K996.74K9.21M592.65K

Charwood Energy S.A Technical Analysis

Technical Analysis SentimentPositive
Last Price4.06

Price Trends

50DMA3.61Positive
100DMA3.53Positive
200DMA3.55Positive

Market Momentum

MACD0.15Positive
RSI71.86Negative
STOCH47.62Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALCWE, the sentiment is Positive. The current price of 4.06 is above the 20-day moving average (MA) of 3.89, above the 50-day MA of 3.61, and above the 200-day MA of 3.55, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 71.86 is Negative, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALCWE.

Charwood Energy S.A Peers Comparison

Overall Rating

UnderperformOutperform
Sector (66)

Financial Indicators

FR:ALCWE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *66Neutral$17.65B18.105.60%3.62%6.62%11.55%
FR:HDFFR:HDF45NeutralEUR 28.67M-9.29-3.82%―-91.03%47.04%
FR:ALCWEFR:ALCWE44NeutralEUR 21.01M-5.80――82.80%-30.59%
FR:VLTSAFR:VLTSA42NeutralEUR 493.80M-3.77-13.52%―19.27%-192.48%
FR:ALOKWFR:ALOKW37UnderperformEUR 5.22M-0.06――-56.94%-521.78%

* Utilities Sector Average

Performance Comparison

-50%0%50%100%150%FR:ALCWEFR:VLTSAFR:HDFFR:ALESEFR:ALOKWDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
FR:ALCWE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
FR:ALCWECharwood Energy S.A4.060.9630.97%
FR:VLTSAVoltalia SA3.77-3.28-46.60%
FR:HDFHydrogene de France1.95-2.35-54.65%
FR:ALESEEntech SA8.700.526.41%
FR:ALOKWGroupe Okwind0.19-0.19-50.00%

Charwood Energy S.A Corporate Events

Charwood Energy to be taken private via Biomasse Vision 2030 bid and squeeze-out

Oct 12, 2026

Biomasse Vision 2030, a vehicle created by Charwood Energy’s main historical shareholders and investment partners, has consolidated 91.75% of the biomass specialist’s share capital and 91.68% of voting rights. The group contributed their...

Charwood Energy’s W&nergy Raises €1.92 Million to Scale Biomass Syngas Model

Sep 30, 2026

Charwood Energy’s subsidiary W&nergy has successfully closed a crowdfunding campaign on the Enerfip platform, raising €1.92 million via three-year bonds to support its biomass-based renewable energy projects. The fundraising advances...

Charwood Energy’s Half-Year Revenue Jumps 43% as Biomass Projects and Order Book Expand

Sep 21, 2026

Charwood Energy reported strong first-half 2026 momentum, with revenue rising 43% year-on-year to €5.6 million, driven mainly by third-party contracts for bespoke biomass-based energy solutions. The secured order book for these contracts increa...

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: Oct 13, 2026