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Latecoere
(LAT)
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Rating:41Neutral
Price Target:
€0.01
▲(10.00% Upside)
Action:Upgraded
Date:10/17/26
The score is primarily constrained by weak financial performance (persistent net losses, high leverage, and consistently negative free cash flow despite some revenue recovery and a modest 2025 operating cash flow improvement). Technical indicators add a cautious tone with the stock below key longer-term moving averages and a negative MACD. Valuation is also pressured because the negative P/E reflects ongoing losses and there is no dividend yield data.
Positive Factors
Revenue Recovery
Revenue growth across three consecutive annual reports indicates improving demand and execution rather than a single-period rebound. If sustained, this recovery can support higher production volumes, improve operating leverage, and strengthen Latecoere’s position on established aircraft programs over the next several quarters.
Negative Factors
Persistent Net Losses
Continuing net losses show that revenue recovery has not yet translated into dependable earnings. The weak profit profile limits internally funded investment, reduces resilience against program or production changes, and indicates that operating improvements have not yet produced a stable long-term earnings base.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
Revenue growth across three consecutive annual reports indicates improving demand and execution rather than a single-period rebound. If sustained, this recovery can support higher production volumes, improve operating leverage, and strengthen Latecoere’s position on established aircraft programs over the next several quarters.
Read all positive factors
Latecoere (LAT) vs. iShares MSCI France ETF (EWQ)
Market Cap
€146.41M
Dividend YieldN/A
Average Volume (3M)2.94M
Price to Earnings (P/E)―
Beta (1Y)0.42
Revenue Growth11.71%
EPS Growth-171.43%
CountryFR
Employees5,790
SectorGeneral
Sector StrengthN/A
IndustryAerospace & Defense
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding12,731,723,000
10 Day Avg. Volume1,993,975
30 Day Avg. Volume2,941,083
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)2.29
Price to Sales (P/S)0.27
P/FCF Ratio-23.83
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)N/A
Revenue Forecast (FY)€850.00M
Latecoere Business Overview & Revenue Model
Company Description
Latécoère S.A. functions as a worldwide specialist, focused on the conceptualization, engineering, manufacturing, and maintenance of both aerospace structural components and advanced interconnection systems. Its operations span Europe, the America...
How the Company Makes Money
Latecoere makes money primarily by supplying aerospace components and assemblies to aircraft and aerospace manufacturers under long-term program contracts. Its revenue model is largely business-to-business and program-driven: (1) Aerostructures re...
Latecoere Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
38
Negative
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Jun 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 813.66M | 756.71M | 705.83M | 622.34M | 468.28M | 332.12M |
| Gross Profit | -122.78M | 2.40M | 301.73M | -58.96M | 162.81M | 117.57M |
| EBITDA | -88.07M | 36.46M | 25.75M | 124.44M | -38.38M | -50.85M |
| Net Income | -48.85M | -32.14M | -61.91M | 6.16M | -127.09M | -110.97M |
Balance Sheet | ||||||
| Total Assets | 634.48M | 631.30M | 693.62M | 714.42M | 742.49M | 752.24M |
| Cash, Cash Equivalents and Short-Term Investments | 45.69M | 56.77M | 59.79M | 85.42M | 73.97M | 277.66M |
| Total Debt | 215.72M | 215.16M | 260.19M | 216.10M | 394.09M | 342.81M |
| Total Liabilities | 583.00M | 542.60M | 622.59M | 549.09M | 721.06M | 601.26M |
| Stockholders Equity | 51.48M | 88.70M | 71.04M | 165.34M | 21.43M | 150.99M |
Cash Flow | ||||||
| Free Cash Flow | -14.75M | -8.52M | -38.41M | -123.47M | -107.80M | -61.48M |
| Operating Cash Flow | 2.36M | 9.26M | -16.35M | -89.14M | -64.01M | -45.44M |
| Investing Cash Flow | 16.06M | 11.07M | -18.09M | -21.48M | -127.39M | -49.57M |
| Financing Cash Flow | -15.45M | -22.50M | 8.71M | 121.73M | -12.52M | 276.02M |
Latecoere Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
42.70
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:LAT, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.70 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:LAT.
Latecoere Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | €47.87B | 31.99 | 18.73% | 1.67% | 6.89% | 118.90% | |
64 Neutral | €114.40B | 29.47 | 26.45% | 1.22% | 14.27% | -9.86% | |
64 Neutral | €86.02M | 12.66 | ― | 3.56% | -0.46% | 34.58% | |
63 Neutral | €2.81B | 17.26 | 14.71% | 0.74% | -8.41% | 61.59% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | €417.24M | 95.00 | 1.20% | ― | 12.61% | -86.29% | |
41 Neutral | €146.41M | -3.03 | -69.70% | ― | 11.71% | -171.43% |
* General Sector Average
FR:LAT
Latecoere
0.01
>-0.01
-15.38%
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Latecoere Corporate Events
Latecoere Wins Airbus Helicopters Contract for H175 Icing-Protection Cockpit Panels
Oct 13, 2026
Latecoere has been selected by Airbus Helicopters to supply additional cockpit control panels for the H175 helicopter’s new Full Icing Protection System configuration, reinforcing its role as a key Tier-1 provider of high-reliability cockpit...
Latecoere Publishes Half‑Year Financial Report for Investors
Sep 25, 2026
Latecoere has released its half‑year financial report, making it publicly available and filing it with the French securities regulator AMF. The document can be accessed via the company’s website, providing investors and stakeholders wi...
Latecoere Delivers Strong H1 Revenue Growth but Profitability Suffers Amid Ramp-Up Pressures
Sep 22, 2026
Latecoere reported first-half 2026 revenue of €431.6 million, representing 19% organic growth driven by higher OEM production rates, new business wins and commercial initiatives. The newly created Latecoere Services division posted strong gr...
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.