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ECOMIAM SA (ALECO) AI Stock Analysis

FR:ALECO

ECOMIAM SA

(Paris:ALECO)

Select Model
Rating:46Neutral
Price Target:EUR 2.00â–²(5.26% Upside)
Action:reiterated
Date:08/06/26

The score is held down primarily by weak financial performance: multi-year operating losses, declining revenue in 2025, and persistent negative operating/free cash flow with worsening free cash flow in 2025. Technicals provide partial support as the stock trades above key moving averages with moderate momentum, but valuation remains challenged due to losses (negative P/E) and no dividend yield data.

Positive Factors
Focused frozen-food retail modelA focused frozen-food assortment and dedicated store network give Ecomiam a clear operating model and a consistent customer proposition. This concentration can support merchandising expertise, repeat purchasing and brand recognition as the company works to improve store-level performance over the coming quarters.
Negative Factors
Persistent operating lossesSustained losses over four years indicate that the business model has not yet converted its store network and gross profit into viable operating earnings. Persistently negative EBIT margins can limit reinvestment, weaken resilience, and make recovery dependent on meaningful cost-base or productivity improvements.

ECOMIAM SA (ALECO) vs. iShares MSCI France ETF (EWQ)

-20%-10%0%10%20%30%40%FR:ALECO+10.00%EWQ-1.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
EUR 10.78M
Dividend Yield
―
Average Volume (3M)
780
Price to Earnings (P/E)
-3.0
Beta (1Y)
0.10
Revenue Growth
-1.11%
EPS Growth
-22.86%
Country
France
Employees
42
Sector
Consumer Defensive
Sector Strength
62
Industry
Grocery Stores

ECOMIAM SA Business Overview & Revenue Model

Company Description

Founded in 2009 and headquartered in Quimper, France, écomiam S.A. is a French food retailer. The company provides a wide array of provisions, encompassing appetizers, various meats and fish, seafood, fresh and processed vegetables, potato dishes, cu...

How the Company Makes Money

ECOMIAM SA primarily makes money through retail sales of frozen food products to end customers in its store network. Revenue is generated at the point of sale from the full assortment of frozen grocery items sold under the Ecomiam brand in company-op...

ECOMIAM SA Financial Statement Overview

Summary

Financial performance is strained: the company has shifted from modest profits (2020–2021) to sustained losses (2022–2025) with negative EBIT margins (~-7% to -12%). Revenue momentum weakened with a steep drop in 2025. While gross margin improved materially in 2024–2025, persistent negative operating and free cash flow (2021–2025) and worsening 2025 free cash flow indicate ongoing cash burn. Leverage is not extreme (debt-to-equity ~0.85x in 2025), but declining equity reduces flexibility.

Income Statement

22Negative

Balance Sheet

45Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue38.80M39.05M40.37M41.44M38.64M36.24M
Gross Profit21.43M15.54M15.61M11.42M10.84M1.31M
EBITDA-2.37M-2.96M-2.40M-4.20M-2.10M1.32M
Net Income-2.99M-3.57M-3.19M-5.31M-2.08M415.26K
Balance Sheet
Total Assets9.05M10.74M12.81M13.34M18.42M18.76M
Cash, Cash Equivalents and Short-Term Investments1.46M1.91M3.95M3.16M6.91M10.36M
Total Debt2.53M2.75M2.03M3.57M3.28M2.91M
Total Liabilities6.49M7.48M5.98M8.31M8.08M6.15M
Stockholders Equity2.56M3.25M6.83M5.03M10.35M12.48M
Cash Flow
Free Cash Flow-1.43M-2.94M-3.84M-3.48M-2.57M-2.13M
Operating Cash Flow-1.42M-2.63M-3.49M-2.89M-1.82M-1.20M
Investing Cash Flow-161.82K-480.90K77.30K-304.94K-948.36K-2.32M
Financing Cash Flow1.19M1.05M4.35M-696.84K-689.29K13.12M

ECOMIAM SA Technical Analysis

Technical Analysis SentimentNegative
Last Price1.90

Price Trends

50DMA2.10Negative
100DMA2.11Negative
200DMA2.11Negative

Market Momentum

MACD-0.04Negative
RSI44.75Neutral
STOCH65.83Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALECO, the sentiment is Negative. The current price of 1.90 is below the 20-day moving average (MA) of 2.00, below the 50-day MA of 2.10, and below the 200-day MA of 2.11, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 44.75 is Neutral, neither overbought nor oversold. The STOCH value of 65.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALECO.

ECOMIAM SA Peers Comparison

Overall Rating

UnderperformOutperform
Sector (62)

Financial Indicators

FR:ALECO against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
FR:ALECOFR:ALECO46NeutralEUR 10.78M-3.00-102.91%―-1.11%-22.86%

* Consumer Defensive Sector Average

Performance Comparison

-50%0%50%FR:ALECOFR:ALAVIFR:MLGRCFR:ALMERFR:MLSRPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
FR:ALECO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
FR:ALECOECOMIAM SA1.980.1810.00%
FR:ALAVIAdVini SA15.603.1024.80%
FR:MLGRCGroupe Carnivor SA27.004.0017.39%
FR:ALMERSapmer SA4.80-1.10-18.64%
FR:MLSRPSpeed Rabbit Pizza SA9.00-31.00-77.50%
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: Aug 06, 2026