Added to YB: 2026-09-08
Pitch date: 2026-09-04
ALEO2.PA [neutral]
Eo2 Société Anonyme
Author Info
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Company Info
Eo2 Société Anonyme designs, produces, and distributes wood heating products under the EO2 and PIKS brands in France.
Market Cap
EUR 6.5M
Pitch Price
EUR 2.72
Price Target
6.55 (+141%)
Dividend
N/A
EV/EBITDA
16.87
P/E
-7.38
EV/Sales
0.48
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Eo2 (ALEO2) - When the Pellet Boom Burns Out
ALEO2.PA (monitor): Eo2 trades at 0.38x tangible book after pellet oversupply drove FY25/26 EBIT to -€0.9m and net income to -€1.3m despite an 18% sales recovery. The first priorities are restoring pellet margins and reducing liquidity risk after a debt-service covenant breach; services must also prove consistently profitable. A €6.55-per-share breakup value implies 148% upside but is considered highly unlikely.
Read full article (7 min)