AYV Stock Analysis: Ayvens | PA
Rental & Leasing Services | PA, France | Market Cap: 9.198m EUR | 12M Return: 23.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.85M
EPS Trend: -47.9%
Qual. Beats: 0
Rev. Trend: 94.8%
Warnings
Tailwinds
No distinct edge detected
Seasonality 9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ayvens is a French-headquartered company listed on Euronext Paris (PA: AYV) that provides service leasing and vehicle fleet management services across Europe, Latin America, and Asia. Its offering spans full-service leasing, fleet management, mobility solutions, consultancy, car auctions, and sale-and-lease-back services, serving both fleet managers and individual drivers. The company was originally incorporated in 1998 as ALD S.A. and rebranded to Ayvens in May 2024, and it continues to operate as a subsidiary of Société Générale.
The service leasing and fleet management sector is characterized by long-term corporate contracts (typically multi-year) and a business model centered on purchasing vehicles, leasing them to clients, and remarketing them through secondary channels such as auctions, which helps manage residual-value risk. In Europe, the industry is concentrated among a few large players, and fleet management services are increasingly bundled with connected-car, telematics, and consulting offerings as corporate clients shift from owning vehicles to outsourcing full mobility programs.
- LeasePlan merger synergies and fleet size exceed acquisition targets
- Used car price normalization pressures remarketing margins and residuals
- ECB rate cuts compress net interest margin on new lease originations
| Net Income: 1.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.10 > 0.02 and ΔFCF/TA -2.93 > 1.0 |
| NWC/Revenue: -28.22% < 20% (prev -37.98%; Δ 9.76% < -1%) |
| CFO/TA 0.34 > 3% & CFO 24.3b > Net Income 1.48b |
| Net Debt (34.9b) to EBITDA (4.51b): 7.74 < 3 |
| Current Ratio: 0.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (834.0m) vs 12m ago -14.73% < -2% |
| Gross Margin: 16.39% > 18% (prev 19.62%; Δ -3.23% > 0.5%) |
| Asset Turnover: 34.20% > 50% (prev 16.78%; Δ 17.42% > 0%) |
| Interest Coverage Ratio: 2.18 > 6 (EBIT TTM 4.09b / Interest Expense TTM 1.88b) |
| A: -0.15 (Total Current Assets 15.8b - Total Current Liabilities 26.5b) / Total Assets 70.9b |
| B: 0.08 (Retained Earnings 5.50b / Total Assets 70.9b) |
| C: 0.04 (EBIT TTM 4.09b / Avg Total Assets 111b) |
| D: 0.18 (Book Value of Equity 11.0b / Total Liabilities 59.8b) |
| Altman-Z'' = -0.29 = B |
| DSRI: 0.62 (Receivables 9.31b/9.94b, Revenue 37.8b/25.2b) |
| GMI: 1.20 (GM 19.62% / 16.39%) |
| AQI: 0.09 (AQ_t 0.05 / AQ_t-1 0.51) |
| SGI: 1.50 (Revenue 37.8b / 25.2b) |
| TATA: -0.32 (NI 1.48b - CFO 24.3b) / TA 70.9b) |
| Beneish M = -3.37 (Cap -4..+1) = AA |
As of July 15, 2026, the stock is trading at EUR 11.66 with a total of 347,416 shares traded. Over the past week, the price has changed by -1.77%, over one month by -2.59%, over three months by +13.47% and over the past year by +23.36%.
Current recommended Stop Loss: 10.90 (which is 6.5% or 2.8 ATR below the current price).
Ayvens has no consensus analysts rating.
P/E Trailing = 10.5766
P/E Forward = 9.0662
P/S = 0.3721
P/B = 0.8117
Revenue TTM = 37.8b EUR
EBIT TTM = 4.09b EUR
EBITDA TTM = 4.51b EUR
Long Term Debt = 36.4b EUR (from longTermDebt, last quarter)
Short Term Debt = 12.9b EUR (from shortTermDebt, last quarter)
Debt = 36.9b EUR (from shortLongTermDebtTotal, last quarter) + Leases 265.1m
Net Debt = 34.9b EUR (calculated: Debt 36.9b - CCE 2.04b)
Enterprise Value = 44.1b EUR (9.20b + Debt 36.9b - CCE 2.04b)
Interest Coverage Ratio = 2.18 (Ebit TTM 4.09b / Interest Expense TTM 1.88b)
EV/FCF = -6.06x (Enterprise Value 44.1b / FCF TTM -7.27b)
FCF Yield = -16.49% (FCF TTM -7.27b / Enterprise Value 44.1b)
FCF Margin = -19.22% (FCF TTM -7.27b / Revenue TTM 37.8b)
Net Margin = 3.91% (Net Income TTM 1.48b / Revenue TTM 37.8b)
Gross Margin = 16.39% ((Revenue TTM 37.8b - Cost of Revenue TTM 31.6b) / Revenue TTM)
Gross Margin QoQ = 9.69% (prev 13.53%)
Tobins Q-Ratio = 0.62 (Enterprise Value 44.1b / Total Assets 70.9b)
Interest Expense / Debt = 5.09% (Interest Expense 1.88b / Debt 36.9b)
Taxrate = 34.16% (734.4m / 2.15b)
NOPAT = 2.69b (EBIT 4.09b * (1 - 34.16%))
Current Ratio = 0.60 (Total Current Assets 15.8b / Total Current Liabilities 26.5b)
Debt / Equity = 3.35 (Debt 36.9b / totalStockholderEquity, last quarter 11.0b)
Debt / EBITDA = 7.74 (Net Debt 34.9b / EBITDA 4.51b)
Debt / FCF = -4.80 (negative FCF - burning cash) (Net Debt 34.9b / FCF TTM -7.27b)
Total Stockholder Equity = 11.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.34% (Net Income 1.48b / Total Assets 70.9b)
RoE = 13.19% (Net Income TTM 1.48b / Total Stockholder Equity 11.2b)
RoCE = 8.59% (EBIT 4.09b / Capital Employed (Equity 11.2b + L.T.Debt 36.4b))
RoIC = 4.86% (NOPAT 2.69b / Invested Capital 55.4b)
WACC = 4.02% (E(9.20b)/V(46.1b) * Re(6.72%) + D(36.9b)/V(46.1b) * Rd(5.09%) * (1-Tc(0.34)))
Discount Rate = 6.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 41.19 | Cagr: 9.08%
[DCF] Fair Price = unknown (Cash Flow -7.27b)
EPS Correlation: -47.88 | EPS CAGR: -19.28% | SUE: 0.23 | # QB: 0
Revenue Correlation: 94.83 | Revenue CAGR: 40.27% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.31 | Chg30d=-7.00% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.35 | Chg30d=+5.65% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.28 | Chg30d=+1.23% | Revisions=+0% | GrowthEPS=+24.2% | GrowthRev=+2.3%
EPS next Year (2027-12-31): EPS=1.40 | Chg30d=-0.51% | Revisions=+0% | GrowthEPS=+9.5% | GrowthRev=-4.0%
[Analyst] Revisions Ratio: +0% (up=2, down=2)