(BELYS) Belysse - Ratings and Ratios

Belysse Group N.V. is a leading manufacturer and distributor of textile floor coverings, catering to both commercial and residential sectors across Europe, North America, and other international markets. The companys product portfolio includes a wide range of carpet tiles and broadloom carpets, as well as packaging materials such as cardboard boxes, pallets, cones, and foil, sold under prominent brands like ITC, modulyss, arc edition, and Bentley. With a rich history dating back to 1964 and headquartered in Waregem, Belgium, Belysse Group N.V. has established itself as a significant player in the home furnishings industry.

As a subsidiary of LSF9 Belysse Holdco S.à r.l., Belysse Group N.V. leverages its global footprint and resources to drive innovation and growth. The companys rebranding from Balta Group NV to Belysse Group NV in October 2022 signifies a strategic shift, potentially aimed at refocusing its brand identity and expanding its market presence. With its products being sold under multiple brands, Belysse Group N.V. is well-positioned to capture a significant share of the global textile floor coverings market.

Analyzing the companys , we observe that the stock has been trading near its 52-week low, with the last price at 0.72 EUR. The short-term moving averages (SMA20 and SMA50) are trending downwards, indicating a bearish sentiment in the short term. However, the SMA200 is relatively stable, suggesting a potential support level around 0.76 EUR. The Average True Range (ATR) of 0.04 EUR (5.93%) indicates moderate volatility.

From a fundamental perspective, Belysse Group N.V.s reveals a market capitalization of 26.78M EUR, with a relatively low Price-to-Earnings (P/E) ratio of 2.57 and a forward P/E of 2.19. The Return on Equity (RoE) stands at 10.55%, indicating a decent profitability. Considering these metrics, the stock appears undervalued, presenting a potential buying opportunity.

Forecasting the stocks performance, we can expect a potential rebound from its current levels, driven by the companys solid fundamentals and a relatively low valuation. If the stock can break above its SMA20 (0.75 EUR) and SMA50 (0.79 EUR), it may signal a bullish trend reversal. However, if the stock continues to trade below its SMA20 and SMA50, it may indicate further downside risk. Based on the current technical and fundamental analysis, a potential price target for Belysse Group N.V. could be around 0.85-0.90 EUR in the short term, representing a 15-20% upside from current levels.