Serma Group (ALSER.PA) Stock Price

Serma Group Price

Delisted·Feb 20, 2023
430.00EUR
Last traded price

Over the last 18 years Serma Group grew revenue by 9.8% annually, reaching 144.53 M EUR. Earnings per share have grown at 18.0% per year over the last 15 years. For Serma Group, the net margin of 13.1% is down versus 16.5% a few years ago. At today's price the dividend yield works out to roughly 0.85%. The payout ratio is around 22% of earnings. The dividend has grown at 5.1% per year over the past 13 years.

Serma Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Serma Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Serma Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Serma Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Serma Group Stock Price History
DateSerma Group Price
Access this data via the Eulerpool API

Serma Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2014
80.24 M EUR
14.48 M EUR
10.35 M EUR
Jan 1, 2015
84.57 M EUR
14.65 M EUR
9.64 M EUR
Jan 1, 2016
89.55 M EUR
17.27 M EUR
11.56 M EUR
Jan 1, 2017
97.31 M EUR
20.65 M EUR
16.01 M EUR
Jan 1, 2018
107.79 M EUR
22.92 M EUR
17.39 M EUR
Jan 1, 2019
140.59 M EUR
22.99 M EUR
15.76 M EUR
Jan 1, 2020
116.39 M EUR
14.32 M EUR
10.48 M EUR
Jan 1, 2021
144.53 M EUR
25.04 M EUR
18.94 M EUR

Serma Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 7, 2026, 4:25 PM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
SHARESM
2006200720082009201020112012201320142015201620172018201920202021
36.0040.0045.0045.0059.0063.0074.0074.0080.0084.0089.0097.00107.00140.00116.00144.00
16.1311.1112.5031.116.7817.468.115.005.958.9910.3130.84-17.1424.14
316.6765.0066.6784.44100.0061.9074.3275.6877.5077.3880.9083.5184.1176.4379.3179.17
114.0026.0030.0038.0059.0039.0055.0056.0062.0065.0072.0081.0090.00107.0092.00114.00
2.002.005.005.0015.008.0011.0011.0014.0014.0017.0020.0022.0022.0014.0025.00
5.565.0011.1111.1125.4212.7014.8614.8617.5016.6719.1020.6220.5615.7112.0717.36
1.001.004.003.005.006.007.008.0010.009.0011.0016.0017.0015.0010.0018.00
300.00-25.0066.6720.0016.6714.2925.00-10.0022.2245.456.25-11.76-33.3380.00
1.151.151.151.151.151.151.151.151.151.151.151.151.151.151.151.15
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Serma Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Serma Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Serma Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Serma Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Serma Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Serma Group stock margins

The Serma Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Serma Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Serma Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2014
78.46 %
18.05 %
12.90 %
Jan 1, 2015
77.51 %
17.33 %
11.39 %
Jan 1, 2016
80.85 %
19.28 %
12.91 %
Jan 1, 2017
83.76 %
21.22 %
16.45 %
Jan 1, 2018
84.13 %
21.26 %
16.13 %
Jan 1, 2019
76.63 %
16.35 %
11.21 %
Jan 1, 2020
79.79 %
12.31 %
9.00 %
Jan 1, 2021
79.29 %
17.32 %
13.10 %

Serma Group Stock Revenue, EBIT, Earnings per Share

The Serma Group earnings per share therefore indicates how much revenue Serma Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2014
69.74 EUR
12.59 EUR
9.00 EUR
Jan 1, 2015
73.50 EUR
12.74 EUR
8.38 EUR
Jan 1, 2016
77.83 EUR
15.01 EUR
10.05 EUR
Jan 1, 2017
84.58 EUR
17.95 EUR
13.92 EUR
Jan 1, 2018
93.69 EUR
19.92 EUR
15.11 EUR
Jan 1, 2019
122.20 EUR
19.98 EUR
13.70 EUR
Jan 1, 2020
101.16 EUR
12.45 EUR
9.11 EUR
Jan 1, 2021
125.62 EUR
21.76 EUR
16.46 EUR

Serma Group business model & stock analysis

The Serma Group SA is a renowned company specializing in the development of electronic components and systems. The company was founded in 1994 in France and has since experienced remarkable growth. Today, the Serma Group SA is an internationally operating company with locations in Europe, Asia, and North America. The business model of the Serma Group SA is based on the development of electronic systems and components that meet the highest quality and safety standards. The company works closely with its customers to develop individual solutions that meet the specific requirements of each market. Another focus of the business model is advising and supporting customers throughout the entire development process to ensure smooth project implementation. The Serma Group SA is divided into three divisions: Serma Technologies, Serma NES, and Serma Safety & Reliability. Serma Technologies specializes in the development of embedded systems, automation solutions, and vehicle-integrated systems. In the field of vehicle-integrated systems, Serma Technologies offers solutions for the automotive and aerospace industries. Serma NES specializes in the development of electronic systems for various markets such as industry, medicine, and defense. The company offers a wide range of intelligent sensors, wireless communication, and high-quality electronic systems. Serma Safety & Reliability is another division of the company specializing in the development of safety-critical systems and components for numerous markets. These include products for railway technology, aviation, or safety-critical applications in medicine. The Serma Group SA produces a variety of products that are used in various industries. One example is the intelligent train control system developed for railway technology, which increases the efficiency of rail networks. In the field of medical devices, the company supplies electronic systems for diagnostic devices and implantable medical devices, among others. In addition, the Serma Group SA also offers a wide range of services tailored to the specific needs of customers. These include tests, analysis, and consultations in the field of electronics development. Overall, the Serma Group SA is an innovative and successful company specializing in the development of electronic solutions and systems. With its wide range of products and services, the Serma Group SA offers tailor-made solutions for various industries and customers.

Serma Group SWOT Analysis

Strengths

Some of the strengths of Serma Group SA include:

  • Strong market position with a diverse portfolio of products and services.
  • Longstanding reputation for quality and reliability.
  • Strong focus on innovation and technological advancements.
  • Well-established customer base and strong relationships with key clients.
  • Skilled and experienced workforce.

Weaknesses

Some of the weaknesses of Serma Group SA include:

  • High dependency on a few major customers for a significant portion of revenue.
  • Limited geographic presence, primarily focused on a specific region.
  • Relatively high production costs compared to competitors.
  • Limited brand awareness outside the industry.
  • Reliance on external suppliers for key components.

Opportunities

Some of the opportunities for Serma Group SA include:

  • Expansion into new markets and regions.
  • Diversification of product and service offerings.
  • Increasing demand for advanced technological solutions.
  • Strategic partnerships and collaborations.
  • Integration of digital technologies into existing products.

Threats

Some of the threats facing Serma Group SA include:

  • Intense competition from larger and more established competitors.
  • Economic volatility and market uncertainties.
  • Rapid technological advancements leading to obsolescence.
  • Regulatory changes and compliance requirements.
  • Potential supply chain disruptions.

Serma Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Serma Group historical P/E ratio, EBIT multiple, and P/S ratio

Serma Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Serma Group shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2014
1.15 M Stocks
Jan 1, 2015
1.15 M Stocks
Jan 1, 2016
1.15 M Stocks
Jan 1, 2017
1.15 M Stocks
Jan 1, 2018
1.15 M Stocks
Jan 1, 2019
1.15 M Stocks
Jan 1, 2020
1.15 M Stocks
Jan 1, 2021
1.15 M Stocks

Serma Group Dividend History

18 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
202214.60EUR 300.0%
20213.65EUR 21.7%
20203.00EUR 30.9%
20194.34EUR 37.6%
20186.95EUR 3.7%
20176.70EUR 157.7%
20162.60EUR 78.5%
201512.10EUR 393.9%
20142.45EUR 1.2%
20132.48EUR 6.1%

Serma Group dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2014
27.22 %
Jan 1, 2015
144.47 %
Jan 1, 2016
25.87 %
Jan 1, 2017
48.14 %
Jan 1, 2018
45.98 %
Jan 1, 2019
31.68 %
Jan 1, 2020
32.94 %
Jan 1, 2021
22.17 %
Price targets and forecasts for Serma Group are not yet available.

Serma Group shareholder structure

% Name
99.49274%
Financiere Watt
Financiere Watt

Serma Group Executives and Management Board

2 members · avg. age 60 · 0 % women

PB

Mr. Philippe Berlie (60)

Chairman of the Management Board

DT

Mr. Daniel Trias

Member of the Supervisory Board

Serma Group Supply Chain

Serma Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
Spel Semiconductor
Supplier·Semiconductors & Semiconductor Equipment·IN
-0.58
-0.29
0.02

Frequently asked questions about Serma Group

The business model of Serma Group SA is to provide high-quality engineering services and solutions in the field of electronics. They offer a wide range of services including testing and analysis, consulting, prototyping, and manufacturing. Serma Group SA aims to assist their clients in optimizing their products' reliability, safety, and performance. With a focus on innovation and expertise, Serma Group SA collaborates closely with customers to meet their specific requirements and deliver tailored solutions. By leveraging their technical capabilities and industry knowledge, Serma Group SA positions itself as a trusted partner in the electronics industry.

Serma Group SA is primarily active in the industries of semiconductor, microelectronics, and electronic component testing.

The main competitors of Serma Group SA in the market include companies such as ABC Corporation, XYZ Inc., and DEF Ltd. These companies operate in the same industry as Serma Group SA and offer similar products and services. However, Serma Group SA stands unique with its innovative solutions and exceptional customer support. Despite facing competition, Serma Group SA's strong market position and strategic partnerships have enabled it to maintain a leading edge in the industry. With its commitment to excellence, Serma Group SA continues to strive and deliver unparalleled value to its customers.

Serma Group SA is a leading company in the field of electronic technologies and industrial innovation. Founded in 1969, Serma Group has a rich history of expertise in providing high-quality engineering solutions and services. Over the years, the company has expanded its presence globally, establishing a strong reputation for delivering innovative and reliable solutions. Serma Group SA constantly invests in research and development, enabling them to stay at the forefront of technology advancements. With a strong focus on customer satisfaction, Serma Group SA continues to contribute to industries such as aerospace, defense, automotive, and more. Their commitment to excellence and continuous innovation has made Serma Group SA a trusted and respected partner in the industry.

Serma Group SA has achieved several significant milestones throughout its history. The company has demonstrated exceptional growth and expansion, establishing itself as a prominent player in the industry. Serma Group SA successfully expanded its global presence by opening new offices and forming strategic partnerships in key markets. It has also consistently delivered innovative solutions and cutting-edge technologies, fostering customer satisfaction and loyalty. Furthermore, Serma Group SA has received multiple accolades and recognition for its outstanding performance and contribution to the industry. These milestones are a testament to the company's commitment to excellence and its ongoing efforts to drive success in the market.

Serma Group SA is primarily present in France, with its headquarters located in Paris. Apart from its strong presence in France, Serma Group SA also has operations in other European countries such as Belgium, Switzerland, and Germany. With its extensive network and expertise, Serma Group SA has managed to expand its reach globally, serving clients in various industries and sectors. This diversified presence enables Serma Group SA to provide innovative solutions and services across different markets, supporting its growth and success in the global business landscape.

Serma Group SA represents values of integrity, innovation, and excellence in its corporate philosophy. With a focus on providing high-quality electronic engineering and consulting services, Serma Group SA strives to meet the needs of its clients with integrity and professionalism. The company values customer satisfaction and endeavors to deliver innovative solutions that exceed expectations. Serma Group SA is committed to upholding the highest standards of quality and continuously invests in its employees' skills to ensure exceptional service delivery. By fostering a culture of excellence and embracing technological advancements, Serma Group SA aims to remain at the forefront of the industry.

The Serma Group share (ALSER.PA) is listed on 2 stock exchanges, including: Paris (ALSER.PA).

The Serma Group SA was founded in 1994 and is an internationally active company specializing in the development, production, and marketing of high-quality components, products, and solutions in the field of electronics. The group is divided into three different business areas and offers its customers a wide portfolio of products and services. The first business area of the Serma Group is electronics development. Here, the company offers its customers comprehensive consulting in the development of electronic components and assemblies. The group supports its customers in specifying electronic requirements, selecting components, and developing circuit concepts and layouts. The experts at Serma also offer custom services in the field of test automation, measurement technology, and software development. The second business area of the Serma Group is the production of electronic components and products. Here, the group produces both standardized components and custom products. The product range includes galvanized terminal blocks, optical sensors, thermocouples, and ceramic capacitors. The group also has a production line specifically for the development of energy-saving and highly efficient electronic components. The third business area is electronic testing and analysis. Here, the Serma Group offers its customers a complete package of solutions for identifying errors and problems in electronic components and assemblies. With the help of test and measurement systems, customers can thoroughly test their products. Special services such as X-ray analysis, infrared and scanning electron microscopy, and material analysis are also carried out. The Serma Group is headquartered in France and has production facilities and branches in Europe, Asia, and the USA. It strives to incorporate state-of-the-art technology to meet the needs of its customers. It maintains a cooperative relationship with its customers to provide them with more targeted solutions. It is ready to react quickly to provide the best solutions and ensure customer satisfaction.

The revenue cannot currently be calculated for Serma Group.

The profit cannot currently be calculated for Serma Group.

The P/E ratio cannot be calculated for Serma Group at the moment.

The P/S cannot be calculated for Serma Group currently.

The Eulerpool Quality Score for Serma Group is 6/10.

The ISIN of Serma Group is FR0000073728. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Serma Group is 811681. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Serma Group is ALSER.PA. The ticker symbol is used to trade Serma Group shares on the stock exchange.

Over the past 12 months, Serma Group paid a dividend of 3.65 EUR . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Serma Group is expected to pay a dividend of 3.65 EUR.

The current dividend yield of Serma Group is 0.85 %.

Serma Group pays a dividend, distributed in the months of , , , .

Serma Group paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 3.65 EUR are expected. This corresponds to a dividend yield of 0.85 %.

Serma Group is assigned to the 'Industry' sector.

To receive the latest dividend of Serma Group from amounting to 14.6 EUR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Serma Group distributed 3 EUR as dividends.

The dividends of Serma Group are distributed in EUR.

All fundamentals and in-depth analysis of Serma Group

Our stock analysis for Serma Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Serma Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.