Contact

Investment analysis of Econocom as a benchmark in digital transformation


, , ,
Integral service around a transaction
BY : Diego GutiérrezJune Fri, 2018

Analizamos desde el punto de vista del corporate finance, las inversiones realizadas por Econocom multinacional belga referente en transformación digital. En este caso, analizaremos sus operaciones en el mercado y comentaremos sus datos financieros puesto que es una empresa que cotiza en bolsa.

Get in touch with our experts.

Econocom, “one Galaxy” modelo de negocio único

El grupo Econocom es hoy en día un reconocido actor europeo de la transformación digital de empresas. Su dinámica se basa en un posicionamiento único, en la que se juntan conocimientos tecnológicos y financiaciones innovadoras. Así, el grupo ha sabido aprovechar tanto la amplitud de la revolución industrial digital como la tendencia de fondo, en la que prima el uso sobre la propiedad.

Su modelo original de desarrollo “One Galaxy” – creado a partir del “Planeta” Econocom y sus “Satélites” – ha permitido que el grupo atraiga a emprendedores con talento en materia digital en ámbitos estratégicos tales como seguridad, movilidad, web, elementos multimedia, nube y soluciones digitales profesionales. Estos “Satélites” de tamaño intermedio completan con gran eficacia las ofertas históricas del grupo y juegan un papel de aceleradores de su crecimiento.

Sus actividades giran en torno a entender los desafíos del negocio, conciliar distintos puntos de vista, imaginar y construir soluciones digitales e innovadoras, ágiles y enfocadas a las necesidades de nuestros clientes, es lo que hacemos en cada una de nuestras líneas de actividad.

 

Econocom multiplica su negocio por 4 en 10 años

En 10 años, el grupo ha multiplicado por 4 su facturación y por 6 su resultado operativo corriente, preservando en todo momento los intereses a largo plazo de sus accionistas. Econocom muestra además una salud financiera sólida, reforzada este año con la conversión anticipada de la obligación “ORNANE”. El grupo cuenta de este modo con una capacidad de endeudamiento renovada para llevar a cabo una nueva fase de su desarrollo.

Partiendo de esta base y aprovechando el éxito de sus planes anteriores, el grupo presenta un nuevo y ambicioso plan estratégico, “e for excellence”.

CORPORATE FINANCE EXPERTS

Análisis corporate finance de Econocom

Variable 2015 2016 2017
Invoicing 2.316 2.536 2.980
Ebitda 58,8 32,7 90,7
Net financial debt 186 185 279
Investment 6.300 4.300 6.300
Growth 11% 9,5% 18%
Profitability 2,54% 1,29% 3%
Solvency 3,16% 5,66% 3,08%

 

Fuente: Sabi y Yahoo Finance (millones).

  • Investment = Var. Fixed Assets + Amort. Fixed Assets
  • Growth = Var. Turnover
  • Profitability = EBITDA / Turnover
  • Solvency = Net Financial Debt / EBITDA

 

Múltiplos de valoración

Valuation multiples 2017  
Company value 1,52B
EV/Ebitda 8,85
EV/Sales 0,51

 

Fuente: Sabi y Yahoo Finance.

Valor de Empresa (EV) = Capitalización + Deuda Financiera Neta

 

Últimas operaciones corporativas

Company Description Country Date
Jade Solutions Jade Solutions ofrece soluciones de movilidad empresarial que agilizan los procesos comerciales y optimizan la productividad de la fuerza de trabajo. UK 13/09/2017
Cineolia Cineolia se especializa en servicios públicos subcontratados. France 30/03/2016
Caverin Solutions S.L. Caverin Solutions S.L. fabrica y distribuye equipos visuales. Spain 27/12/2015
Econocom Cyber Security Econocom Cyber Security brinda soluciones de consultoría de seguridad de TI. France 22/09/2015
Alter Way Alter Way es una empresa de servicios de código abierto especializada en ingeniería informática. France 17/06/2015

Other posts that may interest you

IBM vs Oracle: Who is more innovative?

BBVA vs SANTANDER, in technology investments

Desnudamos financieramente a… Indra

Yes you want to look for investors, buying a company or sell your company, contact our experts in Corporate Finance.

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
closearrow-circle-o-downchevron-downcrossmenu