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Fermentalg SA
(ALGAE)
Select Model
Select Model
Rating:44Neutral
Price Target:
€0.36
▼(-22.17% Downside)
Action:Reiterated
Date:10/09/26
The score is held down primarily by persistent losses and worsening cash burn despite improving revenue and gross margin. Technically, the stock remains in a broader downtrend (below major moving averages with negative MACD). Valuation is difficult to support using earnings metrics due to negative profitability and no dividend information.
Positive Factors
Revenue Expansion
The substantial increase in revenue over two years indicates that Fermentalg is expanding commercialization of its microalgae-based ingredients. Continued top-line growth would improve operating leverage, support customer adoption, and provide a foundation for scaling the business over the next several quarters.
Negative Factors
Persistent Unprofitability
Fermentalg has not yet scaled its revenue base enough to cover its cost structure, despite higher sales and improved gross margin. Persistent deep losses weaken internal funding capacity and make future growth more dependent on successful operating improvement or additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Expansion
The substantial increase in revenue over two years indicates that Fermentalg is expanding commercialization of its microalgae-based ingredients. Continued top-line growth would improve operating leverage, support customer adoption, and provide a foundation for scaling the business over the next several quarters.
Read all positive factors
Fermentalg SA (ALGAE) vs. iShares MSCI France ETF (EWQ)
Market Cap
€46.37M
Dividend YieldN/A
Average Volume (3M)73.56K
Price to Earnings (P/E)―
Beta (1Y)0.86
Revenue Growth3.22%
EPS Growth24.05%
CountryFR
Employees62
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-0.09
Shares Outstanding119,968,735
10 Day Avg. Volume89,983
30 Day Avg. Volume73,565
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.78
Price to Sales (P/S)3.34
P/FCF Ratio-5.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.08
Revenue Forecast (FY)€19.35M
Fermentalg SA Business Overview & Revenue Model
Company Description
Fermentalg SA, established in 2009 and headquartered in Libourne, France, is an internationally operating company specializing in the research, manufacturing, and sale of functional ingredients sourced from microalgae. These offerings serve variou...
Fermentalg SA Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
54
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.20M | 13.38M | 11.50M | 4.06M | 7.65M | 5.65M |
| Gross Profit | 959.00K | 2.29M | 2.50M | 536.00K | -828.00K | -675.00K |
| EBITDA | -7.90M | -6.32M | -9.99M | -10.49M | -7.19M | -8.91M |
| Net Income | -9.31M | -9.44M | -12.88M | -14.15M | -9.87M | -6.85M |
Balance Sheet | ||||||
| Total Assets | 43.31M | 36.44M | 51.14M | 50.24M | 57.54M | 60.88M |
| Cash, Cash Equivalents and Short-Term Investments | 10.79M | 6.62M | 20.58M | 11.16M | 15.90M | 26.01M |
| Total Debt | 3.93M | 5.02M | 12.60M | 15.35M | 11.02M | 9.61M |
| Total Liabilities | 11.40M | 11.26M | 18.39M | 19.40M | 15.56M | 13.87M |
| Stockholders Equity | 31.91M | 25.18M | 32.76M | 30.85M | 41.98M | 47.00M |
Cash Flow | ||||||
| Free Cash Flow | -7.69M | -8.13M | -2.00M | -11.18M | -13.72M | -12.55M |
| Operating Cash Flow | -6.27M | -6.59M | -531.00K | -8.69M | -8.24M | -7.66M |
| Investing Cash Flow | -938.00K | -1.75M | -1.13M | -1.76M | -7.29M | -4.75M |
| Financing Cash Flow | 5.14M | -5.62M | 11.08M | 5.71M | 5.42M | 26.58M |
Fermentalg SA Technical Analysis
Negative
0.46
Price Trends
0.44
Negative
0.46
Negative
0.48
Negative
Market Momentum
-0.02
Positive
28.51
Positive
6.80
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALGAE, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.44, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 28.51 is Positive, neither overbought nor oversold. The STOCH value of 6.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALGAE.
Fermentalg SA Peers Comparison
UnderperformOutperform
Sector (51)
FR:ALGAE
Fermentalg SA
0.37
-0.12
-24.85%
FR:ALVAL
Valbiotis SA
0.55
-0.17
-23.83%
FR:ALPAT
Plant Advanced Technologies SA
3.94
-4.56
-53.65%
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.