Report
Jerome Lieury

Egide : still a conundrum, after all ?

​Egide is a small (2014 sales: 20M€) but quite high-tech company, making hermetic packages for electronic or photonic chips. In spite of its weak results and its low-visibility earnings prospects, Egide does not look especially cheap. Which lacks explanations, and, appears like quite an enigma, or, to use an archetypal word, a conundrum.

Underlying
Egide SA

Egide designs, manufactures, and sells hermetic packages to protect and interconnect integrated electronic systems or complex, and therefore fragile, chips, which are sensitive to harsh thermal, atmospheric, or magnetic environments. Co. also has a service business that allows it to offer its clients services in terms of studies, distribution and surface treatments related to the production of encapsulation components for electronic systems. It divides its business activities into four major categories: Sealing Technologies, Surface Treatment, Ceramics, from Powder and Glass Beads.

Provider
Olier E&R
Olier E&R

​Based in Paris, France, Olier Etudes & Recherche is an equity research company focusing on French small-caps. Olier E&R is committed to writing in-depth research and analysing listed companies' fundamentals in a medium/long term view. Its mission is to provide research to stock-pickers and long-only portfolio managers.

Analysts
Jerome Lieury

Jérôme Lieury - Analyste Financier - Membre de la Société Française des Analystes Financiers et diplômé du Centre de Formation - Certification AMF - Membre du Cercle des Analystes Indépendants. Entré dans la finance en 1987 comme négociateur sur le marché obligataire, a acquis depuis une expérience d'une vingtaine d'années en tant qu'analyste Actions "sell side" et "buy side", et en tant que gérant de portefeuilles dans des banques de gestion privée. Ecrit à présent avant tout sur les PME-ETI cotées. Secteurs de prédilection : valeurs technologiques, sociétés immobilières.

Other Reports on these Companies
Other Reports from Olier E&R

ResearchPool Subscriptions

Get the most out of your insights

Get in touch