Moulinvest SA

Moulinvest SA

20.30
EUR
+0.10
(+0.50%)
72.02MMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.22
15.04
17.51
18.66
18.94
20.11
21.09
21.94
30.95
37.7
33.32
30.2
31.46
- -
Basic EPS, GAAP
0.34
0.98
0.95
0.83
0.74
1.01
1.05
1.26
3.66
6.19
3.26
-0.1
1.15
- -
Free Cash Flow per Basic Share
-0.71
-0.32
0.74
0.8
-1.05
-2.21
-3.2
0.81
2.86
4.59
2.53
2.22
2.4
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.65
1
0.33
0.17
- -
Book Value per Share
4.96
5.92
6.86
7.68
8.42
9.43
10.5
11.77
15.39
20.89
23.36
22.9
23.88
24.71
Tangible Book Value per Share
4.94
5.89
6.84
7.66
8.41
9.42
10.49
11.77
15.39
20.89
23.36
22.9
23.86
24.67
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
34
45
53
57
58
61
64
66
94
114
101
91
95
- -
Operating Margin (%)
2.52
5.31
3.54
4.91
6.68
8.15
8.46
8.6
17.43
24.18
14.71
1.01
6.22
- -
Depreciation Expense
2
2
2
3
4
5
6
7
9
10
10
11
11
- -
Net Income, GAAP
1
3
3
3
2
3
3
4
11
19
10
- -
3
- -
Effective Tax Rate (%)
- -
7.95
7.79
20.09
27.84
22.43
27.51
27.23
25.45
26.8
25.33
- -
25.86
- -
Profit Margin (%)
3.06
6.51
5.45
4.44
3.93
5
4.98
5.76
11.82
16.41
9.78
-0.34
3.66
- -
Working Capital
5
5
5
4
4
5
-25
8
23
37
39
25
31
32
LT Debt
15
19
17
15
19
29
12
39
37
36
36
21
18
20
Total Equity
15
18
21
23
26
29
32
36
47
64
71
70
73
76
Return on Invested Capital (%)
- -
5.17
3.85
4.7
5.32
6.29
5.25
4.94
13.19
18.92
9.27
- -
3.77
- -
Return on Capital (%)
- -
10.25
9.14
7.17
5.79
6.45
5.96
6.17
13.83
19.48
9.64
- -
3.79
- -
Return on Common Equity (%)
7.15
17.69
14.75
11.34
9.25
11.27
10.53
11.32
26.97
34.1
14.73
-0.44
4.92
- -

Capital Structure

EUR

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
ST Debt
19
7
7
LT Borrowings
17
17
19
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
45
61
72

Working Capital

EUR

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
Total Current Assets
79
70
68
Cash, Cash Equivalents & STI
29
22
15
Accounts Receivable, Net
16
12
18
Inventories
26
29
29
Total Current Liabilities
52
39
36
Payables & Accruals
- -
- -
- -
ST Debt
19
7
7
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.78%
16.37%
4.62%
Free Cash Flow
7.27%
53.2%
8.01%
Net Income, GAAP
-107.48%
-222.25%
-1,220.26%
Sales/Revenue/Turnover
6.99%
9.28%
4.2%
Total Cash Common Dividend
- -
- -
-48.5%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
91
2025
- -
- -
95
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.1
2025
- -
- -
1.15
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.33
2025
- -
- -
0.17
2026
- -
- -
- -

Company Description

CEO
Maurice Moulin
Full Time Employees
223
Sector
Non-energy minerals
Industry
Forest products
Address
ZA de Ville Dunières France 43220
IPO Date
Apr 7, 2011
Business
Moulinvest S.A. (ALMOU.PA) operates as an integrated industrial company in the French wood industry, processing sustainable forest resources into high-value-added products across the full value chain from logging to finished goods; core offerings include construction lumber, nailed laminated wood panels, prefabricated solid wood walls and profiles for timber frame houses, planed timber, glued laminated timber, counter-glued timber, and cross-laminated timber (CLT) under the MASSIFBOIS brand; wood pellets for heating; electricity generated via biomass cogeneration; treated wooden poles for electrification, telecommunications, arboriculture, viticulture, and infrastructure; as well as outdoor fittings, garden furniture, deck boards, posts, and sleepers under the DECOVERT brand. The company serves institutional customers, major retailers, and construction markets primarily in France, with operations rooted in sustainable local forestry management and reforestation efforts. Founded in 1916 and headquartered in Dunières, France, Moulinvest conducts activities through subsidiaries including Scierie Moulin, Moulin Bois Énergie, France Bois Imprégnés (FBI, acquired in 2013), and Scierie de Sainte Agathe. Recent developments encompass the installation of a new rounding machine in 2024 to enhance log preparation and sawing efficiency; addition of a bicutter, grader, and advanced treatment facilities in 2023; modernization and expansion of the treatment station with a state-of-the-art autoclave in 2022; launch of a new sawing line in 2020; and ongoing investments in production capacity such as the planing mill in 2016 and log yard in 2012, supporting its strategic focus on innovation, eco-construction, and bioenergy resilience.