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Bourse Direct SA (BSD) AI Stock Analysis
Bourse Direct SA
(Paris:BSD)
The company's strong financial performance, characterized by high profitability and a solid balance sheet, is the primary driver of the score. An attractive valuation with a low P/E and high dividend yield further supports the rating. These positives are partially offset by weak technical momentum, as the stock shows bearish signals and lacks a clear uptrend.
Bourse Direct SA (BSD) vs. iShares MSCI France ETF (EWQ)
- Market Cap
- EUR 268.22M
- Dividend Yield
- 4.53%
- Average Volume (3M)
- 7,252
- Price to Earnings (P/E)
- 12.6
- Beta (1Y)
- 0.60
- Revenue Growth
- 12.76%
- EPS Growth
- 19.53%
- Country
- France
- Employees
- 148
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Capital Markets
Bourse Direct SA Business Overview & Revenue Model
Company Description
Bourse Direct SA is a prominent French online brokerage firm, specializing in internet-based stock trading services. The company provides a comprehensive digital platform that offers clients a wide spectrum of financial instruments and investment sol...
How the Company Makes Money
BSD primarily makes money by earning fees and commissions linked to client investment activity and account servicing. Key revenue streams typically include: (1) Brokerage/trading commissions charged when clients buy or sell financial instruments (e.g...
Bourse Direct SA Financial Statement Overview
Summary
Strong financial health with solid revenue growth (11.5% CAGR), expanding margins (net margin 25.5%), and a healthy balance sheet (debt-to-equity 0.60). Cash flow generation remains robust, though FCF growth has softened slightly.
Income Statement
88Very PositiveBalance Sheet
85Very PositiveCash Flow
82Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 84.07M | 77.20M | 76.39M | 66.44M | 48.46M | 46.45M |
| Gross Profit | 74.31M | 64.56M | 68.72M | 60.97M | 39.74M | 37.36M |
| EBITDA | 37.11M | 31.14M | 31.16M | 26.94M | 11.16M | 12.59M |
| Net Income | 21.86M | 19.70M | 19.13M | 15.93M | 5.68M | 7.16M |
Balance Sheet | ||||||
| Total Assets | 1.48B | 1.37B | 1.17B | 1.30B | 1.33B | 1.35B |
| Cash, Cash Equivalents and Short-Term Investments | 179.20M | 222.82M | 53.92M | 157.66M | 230.56M | 313.43M |
| Total Debt | 77.07M | 52.80M | 42.62M | 60.61M | 57.84M | 103.53M |
| Total Liabilities | 1.39B | 1.28B | 1.09B | 1.23B | 1.26B | 1.29B |
| Stockholders Equity | 87.84M | 88.74M | 80.06M | 76.36M | 67.60M | 66.25M |
Cash Flow | ||||||
| Free Cash Flow | 19.77M | 15.96M | 16.28M | 21.14M | 9.44M | -2.49M |
| Operating Cash Flow | 24.19M | 19.73M | 20.78M | 23.18M | 12.76M | -538.00K |
| Investing Cash Flow | -5.66M | -5.12M | -6.01M | -2.04M | -3.22M | -7.54M |
| Financing Cash Flow | -12.15M | -11.29M | -14.47M | -8.32M | -5.41M | -4.14M |
Bourse Direct SA Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:BSD, the sentiment is Positive. The current price of 5.30 is above the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.42, and above the 200-day MA of 5.11, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 50.15 is Neutral, neither overbought nor oversold. The STOCH value of 90.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:BSD.
Bourse Direct SA Peers Comparison
Overall Rating
- FR:BSD74Outperform
FR:ABCA72Outperform
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FR:BSD | Bourse Direct SA | 5.30 | 1.30 | 32.53% | |
| FR:ABCA | ABC Arbitrage | 5.72 | 0.59 | 11.57% | |
| FR:CRAV | Caisse Regionale de Credit Agricole Mutuel Atlantique Vendee Cert.Coop.d'Inv. | 112.44 | -23.56 | -17.33% | |
| FR:CRTO | Caisse Regionale de Credit Agricole Mutuel de la Touraine et du Poitou Cert.Coop.d'Invt. | 106.00 | -9.44 | -8.18% | |
| FR:MLCFM | CFM Indosuez Wealth SA | 1500.00 | 232.92 | 18.38% | |
| FR:CMO | CRCAM Morbihan CCI | 92.00 | -9.25 | -9.13% |
Bourse Direct SA Corporate Events
Bourse Direct lifts revenue and expands services as client base grows
Bourse Direct reported a strong increase in activity over the first nine months of 2026, driven by higher trading volumes and continued client onboarding. Executed orders rose 11.5% to 4.5 million, while cumulative consolidated revenue climbed 16.9%...
Bourse Direct Extends Securities Lending to Popular PEA Accounts
Bourse Direct, a major French online broker, has expanded its securities lending service beyond standard securities accounts to include PEA, PEA-PME and PEA Jeunes accounts, allowing a wider base of retail investors to generate potential monthly inco...
Bourse Direct’s e-PER Generali Named Best Online Insurance PER by Challenges
Bourse Direct, a long-established French online broker, has built its business on making stock market investing accessible to retail clients through competitive pricing and digital tools. Beyond brokerage, it provides life insurance and retirement sa...
Bourse Direct Expands Retail Education Drive During World Investor Week 2026
Bourse Direct is reinforcing its role as a leading French online broker by combining low-cost execution with a strong focus on financial education for retail clients. Through trading tools, long-term savings solutions and listed shares accessible via...
Bourse Direct Tightens Fund Selection With Semiannual Review of Savings Contracts
Bourse Direct, a leading French online broker, has built its business on providing accessible trading platforms, competitive fees and long-term savings solutions, including life insurance and PER products, to help individuals manage and grow their we...
Bourse Direct Marks 30 Years With New Services and Hybrid Brokerage Model
Marking its 30th anniversary, Bourse Direct is highlighting how its pioneering online brokerage model has evolved into a comprehensive investing and savings platform for French retail clients. With more than 425,000 accounts, the firm now combines ad...
Bourse Direct Publishes Reviewed Half-Year Financial Report for 2026
Bourse Direct has released its half-year financial report for the period ending 30 June 2026 and filed it with the French securities regulator, the Autorité des marchés financiers. The accounts in this report have undergone a limited review...
Bourse Direct boosts profits on surging trading activity in H1 2026
Bourse Direct reported robust growth in the first half of 2026, with order volumes up 16.7% to 3.3 million and its client base rising 9.2% to about 425,000 accounts. Banking operating income increased 20.2% to €44.7 million, net banking income...
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 07, 2026