Loading…
← CockpitCompetitor Analysis › ARTO.PA Societe Industrielle & Financiere de l'Artois SAOpen in the cockpit ↗

Societe Industrielle & Financiere de l'Artois SAARTO.PACompetitor analysis, valuation and peers

France · EUR·Information Technology›Computer Peripherals

Holding company with operating interests in electricity storage/terminal manufacturing and equity stakes in the Bollore/Socfin group of companies.

Momentum laggard 16
Mkt cap
$2.55B
US dollars, full cap
Free float
3%
of shares outstanding
$/day
$59,327
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-7.0 pp
WACC 6.6%
Hurdle
n/a
no reverse DCF
Close · EUR€8,550
1Dn/a
1W0.0%
1M-13.6%
3M-4.5%
6M-25.6%
YTD-0.6%
1Y+55.5%
ATR %1.3%
52w lowhigh34.2% off high

What Societe Industrielle & Financiere de l'Artois does

Holding company with operating interests in electricity storage/terminal manufacturing and equity stakes in the Bollore/Socfin group of companies.

Income comes mostly from dividends on stakes in companies tied to the Bollore and Socfin groups, so its fortunes follow those holdings more than its own operating activity.

Products and services

  • Access control terminals/automated systems
  • Electricity storage products
  • Equity stakes (Financiere de l'Odet, Socfinaf, etc.)

Customers

  • Businesses needing access-control/terminal equipme

Where it sits in the supply chain

  • Diversified holdings
  • Industrial holding company
  • Battery/terminal manufacturing +…

What could go right

  • Value of underlying equity stakes (Bollore/Socfin group)

What could go wrong

  • Complex holding-company structure obscures underlying value
  • Thinly traded/family-controlled share structure

Moat: none (scale). Primarily a holding company; value depends on the operating and equity assets it holds rather than its own operations.

Headquarters: Puteaux, France · Founded: 1956

Named competitors

  • Bollore SE BOL.PA
  • Financiere de l'Odet private or unlisted

Societe Industrielle & Financiere de l'Artois at a glance

Size Societe Industrielle & Financiere de l'Artois (ARTO.PA) is a France Information Technology company (Computer Peripherals) with a market value of $2.55B, the 97th largest of 206 France companies the cockpit tracks. Shares closed at €8,550 on 6 Nov 2026.

Performance Over six months the shares fell 25.6%, against -13.1% for the median peer and -0.4% for the France market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 5.9% over the last twelve months (peer median +9.0%); the operating margin is -8.4% (peer median 9.7%).

Valuation It trades at 16.2× enterprise value to sales against a peer median of 2.3× (2nd most expensive of 21).

Capital Return on invested capital runs 7.0 points below its cost of capital (6.6% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 83ARTO.PA 77
Six months, rebased to 100: Societe Industrielle & Financiere de l'Artois against the median of its 20 peers (local-currency closes).

Societe Industrielle & Financiere de l'Artois financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€141M€137M€161M€159M€148M
Revenue growth—-15%+1%+7%—
Gross profitn/a-€10.5M-€7.70M-€4.88M-€2.50M
EBITDAn/a-€12.3M-€8.06M-€6.23M-€3.88M
Net income€3.92M€8.34M€20.3M€30.3M€20.9M
Free cash flown/a-€780,000€9.43M€26.9M€8.84M
Capital expendituren/a€4.00M€2.95M€2.16M€2.83M
Total debtn/a€67.7M€53.9M€57.7M€41.4M

Quarterly statements and history in the cockpit →

Societe Industrielle & Financiere de l'Artois competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%-20%0%000997002439VUNETWEB5289KARN3324EXTR3260000050603025245123852377688475600839688055603859300302002387ARTO.PA6-month return →1-month return →
Up and to the right = strong over both horizons. Societe Industrielle & Financiere de l'Artois is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%0×5×10×15×000997002439VUNETWEB5289KARN33243260000050603025245123852377688475688055603859300302002387ARTO.PARevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Societe Industrielle & Financiere de l'Artois is the large dot.

Societe Industrielle & Financiere de l'Artois competitors and peer comparison

Head to head with its named competitors (ARTO.PA vs BOL.PA)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Societe Industrielle & Financiere de l'Artois ARTO.PA$2.55B-26%-6%-8%16.2×n/a
Bollore BOL.PA$11.8B-28%-83%-7%3.1×37.0%

How Societe Industrielle & Financiere de l'Artois compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Societe Industrielle & Financiere de l'Artois against its 20 peers (data as of 6 Nov 2026)
MeasureARTO.PAPeer medianRank in peer set
1-month return-13.6%-10.1%9th lowest of 21
6-month return-25.6%-13.1%6th lowest of 21
Distance from 52-week high-34.2%-40.0%6th highest of 21
Revenue growth (TTM)-5.9%+9.0%3rd lowest of 21
Operating margin-8.4%9.7%5th lowest of 21
EV / Sales16.2×2.3×2nd most expensive of 21
ROIC minus cost of capital-7.0 pp+12.9 pp4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Societe Industrielle & Financiere de l'Artois ARTO.PAFrance$2.55B-26%-6%-8%16.2×n/an/a
Newland Digital Technology 000997.SZChina$2.56B-14%+29%11%1.2×n/an/a
Venustech 002439.SZChina$2.58B-9%0%-16%6.4×19.0%-8.6%
VusionGroup VU.PAFrance$2.61B+11%+45%10%1.3×n/an/a
Netweb Technologies India NETWEB.NSIndia$2.37B-12%+175%13%5.8×46.1%+72.5%
Innodisk 5289.TWOTaiwan$2.76B-35%+334%49%2.1×n/an/a
Kardex KARN.SWSwitzerland$2.35B-9%+3%9%2.3×11.8%+12.5%
AURAS Technology 3324.TWOTaiwan$2.90B-10%+71%16%3.3×n/an/a
Extreme Networks EXTRUnited States$3.15B0%+11%6%2.4×27.3%+4.9%
ADATA Technology 3260.TWOTaiwan$3.16B-33%+125%34%1.5×n/an/a
Tianma Microelectronics 000050.SZChina$2.05B-27%-3%-1%1.2×-6.2%+4.4%
Beijing Dahao Technology 603025.SSChina$2.04B-25%+23%29%3.9×7.4%+29.2%
Transcend Information 2451.TWTaiwan$3.22B-13%+286%67%2.0×n/an/a
Chicony Electronics 2385.TWTaiwan$1.96B-31%-8%7%0.6×-9.6%+0.1%
Micro-Star International 2377.TWTaiwan$3.50B+43%+1%5%0.4×n/an/a
Hangzhou EZVIZ Network 688475.SSChina$3.53B-4%+8%12%3.2×15.7%+13.8%
Sichuan Changhong Electric 600839.SSChina$3.55B-41%+4%0%0.4×n/an/a
InfoVision Optoelectronics (Kunshan) 688055.SSChina$1.56B-23%-24%-19%5.8×n/an/a
Nancal Technology 603859.SSChina$1.49B-5%+10%12%5.6×n/an/a
Toyou Feiji Electronics 300302.SZChina$1.49B-24%+5%-15%25.6×n/an/a
Visionox Technology 002387.SZChina$1.35B-20%-1%-35%4.9×50.6%+18.9%

Questions

Who are Societe Industrielle & Financiere de l'Artois's main competitors?
Named competitors: Bollore SE (BOL.PA), Financiere de l'Odet (private or unlisted). The cockpit's measured peer set (industry) also includes Newland Digital Technology (000997.SZ), Venustech (002439.SZ), VusionGroup (VU.PA), Netweb Technologies India (NETWEB.NS), Innodisk (5289.TWO), Kardex (KARN.SW).
Is Societe Industrielle & Financiere de l'Artois expensive compared with its peers?
On ev / sales it trades at 16.2× against a peer median of 2.3×, 2nd most expensive of 21 in its peer set.
How has Societe Industrielle & Financiere de l'Artois stock performed?
Over six months to 6 Nov 2026 the shares returned -25.6% against -13.1% for the median peer; over one year +55.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.