Are you planning to invest in the McPhy Energy share price? In that case, above all we offer to improve your knowledge about the company to help you carry out relevant analyses. To understand how the price of this stock can evolve in the more or less long term, it's important to know the group well, its main activities and sources of income, its direct competitors as well as its strategic partners. We'll also tell you what to look out for as part of your fundamental analysis.
First of all, closely monitor the projects in which the company participates, especially in collaboration with institutions such as BPIFrance or with large groups such as EDF in order to accelerate the deployment of zero carbon energy ecosystems.
Innovation is of course also at the heart of this group's strategy and you'll have to pay attention to the investments made in research and development in order to detect future innovations of this group.
You should also closely monitor the quarterly and annual results of the group which, if you remember, has been in deficit for several years. In addition, the group hasn't yet communicated a quantified objective for the years to come.
You should also closely monitor the competition in this sector of activity, the major players in the field of green energy in particular.
Finally, it's also important to closely follow the evolution of the company's capitalization which entered the stock market very recently and whose price may therefore hold some surprises.
Now let's have a closer look at the McPhy Energy group and its specific activities and main sources of income. This presentation is essential if you want to understand what the challenges and objectives of this company are for its future growth.
The McPhy Energy group is a French company specializing in the technological sector. To be a bit more specific, it's a French company specializing in the manufacture and sale of equipment for the production and storage of hydrogen in solid form from the electrolysis of water.
The group therefore offers electrolysers, storage contents and integrated solutions for the energy sector as well as the industry and transport sector.
Currently, the McPhy Energy group operates 3 production sites all located in Europe with one site in France, one in Germany and one in Italy.
It's also interesting to know the geographical distribution of the McPhy Energy group's income which currently generates 45.6% of its turnover in France and 42.1% in the rest of Europe. The rest of the turnover comes at 0.9% from the Middle East and Africa, 0.9% again from Asia Pacific and 0.9% from the Americas.
You must also know its main competitors to perfect your knowledge of the McPhy Energy group and understand what will be its challenges and threats to come. Here's a presentation of the company's biggest opponents:
First of all, you'll need to follow the French industrial group Air Liquide, which specializes in industrial gases, i.e. gases intended for industry, health, the environment and research. This group operates in over 90 countries around the world and has more than 3.6 million customers. It's also listed on the Paris stock exchange and is incorporated in the composition of the CAC 40 stock market index and other major indices. Air Liquide is currently number two in this sector.
Another of McPhy Energy's main competitors, you'll need to focus on the group Nikola Corporation. While it was initially an American car manufacturer based in Phoenix, the group is not only specialized in the design and production of alternative propulsion vehicles but has invested heavily in the field of hydrogen and its storage in recent years, which puts it in direct competition with McPhy.
Finally, the French industrial and energy group Engie is also one of Mc Phy Energy's competitors. The main shareholder of this group is still the French State which holds 23.64% of its shares and 33.84% of the voting rights. Engie was born from the merger between Gaz de France and Suez in 2008 and has since become one of the largest public service companies. This company should be closely monitored as the group embarked in a profound transformation based on energy and digital transition in 2016. Since then it specializes in the storage of hydrogen. Engie currently employs more than 158,000 people and its share is listed on the Euronext Paris market as well as in Brussels and Luxembourg. It's also included in the composition of the CAC 40, the CEL 20 index and the Euronext 100.
Although the McPhy Energy group has some serious enemies, it can also count on strategic partners. So here are two tangible examples of this type of partnership:
First of all, in 2020, it's with the EDF group that the McPhy Energy group signed a strategic partnership agreement in the development of carbon-free hydrogen in France and internationally. It's an industrial and commercial partnership agreement for the development of carbon-free hydrogen in France and internationally. EDF has made an investment of 16 million euros in McPhy through the subscription to a reserved capital increase. By strengthening McPhy's financial capacities, growth will be sustained and the group can rely on EDF's strategic markets to increase its commercial development. EDF, for its part, has taken a new step in its contribution to the energy transition with EDF entering the carbon-free hydrogen market and the ambition to develop a competitive offer in the medium term.
Another strategic partnership, set up this time in 2014, is the De Nora group with which McPhy Energy has launched a range of next-generation alkaline electrolysers. As part of this agreement, De Nora supplied McPhy with activated electrodes for its new generation line of alkaline electrolysers, which are more compact, more reactive and with a longer lifespan. This equipment was intended mainly for the energy and industrial sectors with improved technical and economic performance. The group is committed to increasing the performance of alkaline electrolysis technologies using patented high performance electrodes.
Also in 2014, the McPhy group signed a partnership agreement with GKN aimed at accelerating the distribution of its solid form hydrogen storage equipment by improving its competitiveness.
The latest results known for the McPhy Energy group are those for the 2019 financial year with a turnover of 11.4 million euros as opposed to only 8 million in 2018. During 2020, the group signed several interesting contracts, including an 11 million euro contract for the installation of 5 hydrogen stations as part of the regional Zero Emission Valley project which aims to develop the use of hydrogen in Auvergne-Rhône-Alpes.
The McPhy Industry group is established in three countries with 5 production sites in Europe including the La Motte Fanjas site for the production of hydrogen stations, the Genoble site in engineering, the Paris site for offices, the Wildau site in the engineering of multi-MW systems and the San Miniato site which is an industrial site for the assembly of small capacity electrolysers and multi-MW stacks.
To follow the financial and economic results of the McPhy Energy group as closely as possible, you can use the company's official website by consulting the data intended for investors or use the data provided by your broker or online broker if he offers this share on the stock exchange. Both annual and quarterly results should be consulted.
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