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Lacroix Group SA
(LACR)
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Rating:51Neutral
Price Target:
€16.00
▼(-8.57% Downside)
Action:Reiterated
Date:10/15/26
The score is held back primarily by weakening financial performance (declining revenue, sustained and worsening net losses) and an elevated leverage profile, which increases sensitivity if earnings softness persists. Offsetting these risks, cash flow improved meaningfully in 2025 with solid free cash flow, and technical indicators show mildly positive momentum. Valuation remains a downside factor given negative earnings and no provided dividend yield.
Positive Factors
Cash Generation
Improved operating cash flow and solid free cash flow provide internally generated funding for operations and investment, even while accounting earnings remain weak. If sustained, better cash conversion can support liquidity and reduce reliance on external financing over the next several quarters.
Negative Factors
Revenue Decline
Two consecutive years of falling revenue point to a sustained demand, execution, or program-volume challenge rather than a single-quarter fluctuation. Continued top-line weakness can reduce factory utilization, dilute operating leverage, and make recovery in profitability more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Improved operating cash flow and solid free cash flow provide internally generated funding for operations and investment, even while accounting earnings remain weak. If sustained, better cash conversion can support liquidity and reduce reliance on external financing over the next several quarters.
Read all positive factors
Lacroix Group SA (LACR) vs. iShares MSCI France ETF (EWQ)
Market Cap
€77.96M
Dividend Yield3.35%
Average Volume (3M)2.35K
Price to Earnings (P/E)―
Beta (1Y)1.07
Revenue Growth-11.77%
EPS Growth56.74%
CountryFR
Employees2,807
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-7.51
Shares Outstanding4,829,096
10 Day Avg. Volume1,823
30 Day Avg. Volume2,350
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.60
Price to Sales (P/S)0.12
P/FCF Ratio1.77
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)2.76
Revenue Forecast (FY)€459.60M
Lacroix Group SA Business Overview & Revenue Model
Company Description
LACROIX Group SA engages in the conception and supply of electronic equipment and industrial IoT solutions in France, Germany, the United States, Poland, and Tunisia. It operates through two segments, LACROIX Electronics and LACROIX Environment. T...
How the Company Makes Money
Lacroix Group SA primarily makes money by selling electronic products and services to business and public-sector customers through two main mechanisms: (1) electronics manufacturing services (EMS) and (2) sales of its own connected solutions for i...
Lacroix Group SA Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 680.65M | 445.50M | 635.52M | 761.18M | 707.76M | 501.45M |
| Gross Profit | 42.24M | 27.54M | 194.48M | 21.63M | 212.10M | 161.72M |
| EBITDA | 64.34M | 34.03M | 16.01M | 40.55M | 39.96M | 36.57M |
| Net Income | -36.96M | -39.67M | -33.76M | 4.27M | 11.88M | 21.61M |
Balance Sheet | ||||||
| Total Assets | 379.35M | 390.22M | 537.73M | 607.10M | 591.44M | 543.22M |
| Cash, Cash Equivalents and Short-Term Investments | 44.27M | 38.54M | 43.20M | 44.91M | 24.89M | 33.38M |
| Total Debt | 122.86M | 126.17M | 169.50M | 172.28M | 174.61M | 150.39M |
| Total Liabilities | 285.28M | 296.10M | 397.34M | 417.04M | 397.55M | 362.84M |
| Stockholders Equity | 91.97M | 91.45M | 136.32M | 177.91M | 174.11M | 154.06M |
Cash Flow | ||||||
| Free Cash Flow | 38.45M | 30.84M | 12.60M | 19.45M | -18.05M | -25.62M |
| Operating Cash Flow | 49.78M | 39.39M | 29.30M | 36.30M | 1.47M | 4.87M |
| Investing Cash Flow | -2.10M | -2.80M | -14.12M | -13.71M | -18.47M | -102.26M |
| Financing Cash Flow | -25.16M | -23.69M | -12.35M | 10.15M | -2.37M | 56.38M |
Lacroix Group SA Technical Analysis
Neutral
17.50
Price Trends
17.47
Negative
18.06
Negative
16.13
Positive
Market Momentum
-0.44
Positive
43.95
Neutral
26.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:LACR, the sentiment is Neutral. The current price of 17.5 is above the 20-day moving average (MA) of 17.02, above the 50-day MA of 17.47, and above the 200-day MA of 16.13, indicating a neutral trend. The MACD of -0.44 indicates Positive momentum. The RSI at 43.95 is Neutral, neither overbought nor oversold. The STOCH value of 26.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:LACR.
Lacroix Group SA Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | €38.13M | 35.14 | 5.66% | 1.33% | 10.87% | 46.41% | |
51 Neutral | €77.96M | -5.00 | -18.93% | 3.35% | -11.77% | 56.74% | |
44 Neutral | €49.83M | -0.73 | -402.35% | ― | -12.76% | -156.13% | |
43 Neutral | €13.33M | -6.82 | -69.65% | ― | ― | ― |
* Technology Sector Average
FR:LACR
Lacroix Group SA
16.65
5.40
48.00%
FR:ALGID
Egide SA
0.67
0.23
53.18%
FR:S30
Solutions 30 SE
0.47
-0.53
-53.36%
FR:MEMS
MEMSCAP SA
4.96
0.98
24.53%
FR:ALKLK
Kerlink SA
0.73
-0.29
-28.24%
FR:ALWEC
WE.CONNECT SA
24.30
4.01
19.79%
Lacroix Group SA Corporate Events
Lacroix lifts 2026 guidance after profit surge and deleveraging
Sep 30, 2026
Lacroix Group reported first-half 2026 revenue of €235.2m, up 3.2% year-on-year, with current EBITDA jumping 39.3% to €23.7m and a margin of 10.1%. The Environment division delivered double-digit revenue growth and an exceptional 28.7%...
Lacroix Rides Regulatory Wave With Rapid Growth in Water Quality Sensors
Sep 9, 2026
Lacroix is accelerating in water quality measurement, expanding its Environment division’s connected solutions across the full water cycle as climate change, public health concerns and stricter European regulations push utilities toward real...
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.