Want to see FR:LAT full AI Analyst Report?
Top Page
Latecoere
(LAT)
Select Model
Select Model
Rating:40Underperform
Price Target:
€0.01
▲(0.00% Upside)
Action:Reiterated
Date:09/29/26
The score is primarily constrained by weak financial quality (ongoing net losses, high leverage, and consistently negative free cash flow despite improving revenue and a recent operating cash flow uptick). Technicals add additional pressure with a clear downtrend (price below all key moving averages and negative MACD). Valuation provides limited support because losses drive a negative P/E 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. Continued expansion can support better absorption of fixed costs, strengthen customer relevance, and provide a foundation for restoring profitability as aerospace production programs mature.
Negative Factors
Persistent net losses
Ongoing net losses show that revenue recovery has not yet translated into dependable earnings. Thin operating profitability leaves limited protection against execution or program pressure, while continued losses can constrain reinvestment, weaken equity support, and delay a durable financial turnaround.
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. Continued expansion can support better absorption of fixed costs, strengthen customer relevance, and provide a foundation for restoring profitability as aerospace production programs mature.
Read all positive factors
Latecoere (LAT) vs. iShares MSCI France ETF (EWQ)
Market Cap
€136.22M
Dividend YieldN/A
Average Volume (3M)2.69M
Price to Earnings (P/E)―
Beta (1Y)0.38
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. Volume4,689,615
30 Day Avg. Volume2,688,889
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 systems to aircraft manufacturers and other aerospace customers under long-term industrial contracts tied to specific aircraft programs. Its key revenue streams generally includ...
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 | 24.49M | 124.44M | -39.20M | -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
0.02
Negative
Market Momentum
>-0.01
Positive
25.67
Positive
6.67
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 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 25.67 is Positive, neither overbought nor oversold. The STOCH value of 6.67 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 |
|---|---|---|---|---|---|---|---|
74 Outperform | €137.62B | 35.46 | 26.45% | 1.01% | 14.27% | -9.86% | |
64 Neutral | €45.77B | 30.59 | 18.73% | 1.75% | 6.89% | 118.90% | |
64 Neutral | €93.67M | 13.85 | ― | 3.27% | -0.46% | 34.58% | |
63 Neutral | €2.74B | 16.84 | 14.71% | 0.76% | -8.41% | 61.59% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | €487.51M | 111.00 | 1.20% | ― | 12.61% | -86.29% | |
40 Underperform | €136.22M | -2.82 | -69.70% | ― | 11.71% | -171.43% |
* General Sector Average
FR:LAT
Latecoere
0.01
>-0.01
-23.08%
FR:FII
Lisi SA
60.30
14.84
32.65%
FR:SAF
SAFRAN SA
330.10
35.31
11.98%
FR:HO
Thales
222.70
-34.95
-13.57%
FR:FGA
Figeac Aero SA
11.10
-1.50
-11.90%
FR:ALSOG
SOGECLAIR SA
30.60
5.44
21.61%
Latecoere Corporate Events
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.