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Stock Aplicaciones y Tratamiento de Sistemas, S.A. ATSI.MC

Aplicaciones y Tratamiento de Sistemas, S.A. — Investlytic score 3/5 on the five criteria.

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60/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 3/5 criteria met. Data as of 01/11/2026.

  • ❌ Price trend failed
  • ✅ Growth passed
  • ✅ Debt passed
  • ✅ P/E passed
  • ❌ Correction failed

Price trend

Overall trend (8 years): insufficient progression (less than x1.5).

Price change 2023 → 2024: 14.11%

Price change 2024 → 2025: 27.96%

Price change 2025 → 2026: -28.99%

Price change 2026 (year to date): -27.78%

Financial growth

Revenue CAGR (7 years): 25.37%

Earnings CAGR (7 years): 34.10%

Growth status: positive trend (>1%/yr) in revenue and earnings.

Debt

Debt-to-equity ratio: 0.44

Debt/equity < 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: 19.88

P/E < 25.0 (maximum threshold).

Correction (6 months)

Current correction: 24.89% from the high over 6 months.

Excessive correction (> 20.0%).

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Criteria of the Investlytic model

- / 5
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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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⚖️ Comparison with the market

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StockP/EDette/FPRevenue growthRating
Aplicaciones y Tratamiento de Sistemas, S.A.19.90.44+25.4 %🔒
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GoPro, Inc.–1.09+7.6 %–
Action S.A.12.40.01+2.5 %–
Ateme S.A.143.80.87+15.8 %–

Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by Aplicaciones y Tratamiento de Sistemas, S.A. over the latest fiscal years.

Revenue
301 m USD
fiscal year 2025
Net income
12.3 m USD
fiscal year 2025
Net margin
4.1 %
fiscal year 2025
Average annual growth
+27.9 %
Revenue growth over 5 years
Market cap
186 m USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
202087.9 m3.4 m3.8 %n/a
2021107 m5.6 m5.2 %+22.3 %
2022144 m8.2 m5.7 %+34.1 %
2023189 m7.9 m4.2 %+31.1 %
2024234 m10.0 m4.2 %+23.9 %
2025301 m12.3 m4.1 %+28.6 %

Amounts converted to USD. Source: published annual accounts, collected on 06/11/2026.

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Accounts and financial health

Balance sheet and cash flow published by Aplicaciones y Tratamiento de Sistemas, S.A. over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).

Overview
solid accounts
according to Altman Z, Piotroski and net debt
Altman Z-score
4.47
safe zone (above 2.99)
Piotroski Score
6 / 9
4 to 6: average accounts
Net Debt / EBITDA
0.19 x
low debt
Fiscal year20212022202320242025
Cash and investments4.0 m8.0 m7.6 m11.0 m17.2 m
Total Debt2.9 m8.1 m7.5 m19.3 m20.7 m
Net Debt-817,072353,56718,9128.5 m3.6 m
Equity18.6 m25.5 m31.2 m38.7 m47.4 m
Total assets35.3 m53.2 m60.5 m100 m121 m
Operating cash flow3.4 m70,6255.3 m1.6 m16.9 m
Investments (capex)456,2321.7 m880,908572,6856.6 m
Free cash-flow2.9 m-1.6 m4.4 m608,48416.0 m
Share buybacks100,0001.2 m885,3501.2 m0
Dividends paid2,025400,0001.0 m01.0 m

Amounts in EUR, currency of the published accounts.

Trailing 12-month ratios

Price / earnings (P/E)15.11 x
Price / book value3.49 x
Return on Equity (ROE)24.2 %
Return on Invested Capital (ROIC)15.5 %
Net margin4.1 %
Debt / equity0.44 x
Current ratio1.67 x
Interest coverage19.20 x
Free cash-flow yield9.6 %

Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 09/11/2026.

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Valuation and competitors

Aplicaciones y Tratamiento de Sistemas, S.A. compared with its sector on the same exchange and with its main competitors.

Company P/E
22.3

Direct competitors

CompanyMarket cap (USD)P/ENet margin
Aplicaciones y Tratamiento de Sistemas, S.A.189 m19.94.1 %
izertis, S.A. IZER.MC280 m108.82.4 %
Squirrel Media, S.A. SQRL.MC210 m22.52.5 %
Amper, S.A. AMP.MC476 m1,245.30.5 %
Airtificial Intelligence Structures, S.A. AI.MC141 mn/a-26.6 %
Singular People, S.A. SNG.MC98.5 m14.35.1 %
Altia Consultores, S.A. ALC.MC445 m18.76.7 %
Aeternal Mentis, S.A. AMEN.MC110 mn/a-833.0 %
Soluciones Cuatroochenta S.L. 480S.MC53.9 m21.85.6 %

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on 06/11/2026. Competitors: comparable companies named by the data provider.

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Dividends and earnings

Aplicaciones y Tratamiento de Sistemas, S.A.: dividend history, last distributions, stock splits and earnings releases.

Frequency
annual
Last dividend
0.0200 EUR
ex-dividend on 18/09/2025
Yield
0.4 %
on the last known price
Years of increases
1
consecutive
Years of payments
3
uninterrupted
00.0050.0100.0150.0202023 : 0.0200 EUR20232024 : 0.0100 EUR20242025 : 0.0200 EUR2025

Annual dividend per share (EUR), adjusted for splits. Light bar: current year, incomplete. Red bar: lower than the previous year.

Latest ex-dividend dates

Ex-dividendAmountPayment
18/09/20250.0200 EUR22/09/2025
19/09/20240.0100 EUR23/09/2024
14/09/20230.0200 EURn/a

Factual data: ex-dividend history and earnings calendar, as of 05/11/2026. A past dividend does not guarantee the next one.

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Who owns the stock

Free float, institutional investors, large funds, executives and elected officials: declared positions in Aplicaciones y Tratamiento de Sistemas, S.A.

Free float
1.4 %
share of freely traded shares

Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 01/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.

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PEA and practical information

PEA eligibility
likely
head office in the EU or EEA, listed on a European exchange
Listing exchange
Bolsa de Madrid
ISIN code
ES0105691002
Workforce
2,506
full-time employees
Chief executive
Cristina Piguillem

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about Aplicaciones y Tratamiento de Sistemas, S.A.

What is the Aplicaciones y Tratamiento de Sistemas, S.A. share price?

Latest recorded price: 3.34 EUR on 06/11/2026, for a market cap of 186 m USD.

What is the revenue of Aplicaciones y Tratamiento de Sistemas, S.A.?

301 m USD for fiscal year 2025, with net income of 12.3 m USD (net margin 4.1 %).

Does Aplicaciones y Tratamiento de Sistemas, S.A. pay a dividend?

Yes. Latest dividend: 0.0200 EUR per share, ex-dividend on 18/09/2025. Over 12 months: 0.0000 EUR. Yield on the latest known price: 0.4 %.

What is the P/E ratio of Aplicaciones y Tratamiento de Sistemas, S.A.?

Trailing 12-month P/E of 22.3.

Is Aplicaciones y Tratamiento de Sistemas, S.A. stock eligible for the French PEA?

Likely: the company is headquartered in the European Union or the European Economic Area (ISIN ES0105691002) and the stock is listed on a European exchange. The institution holding the PEA confirms eligibility.

How many employees does Aplicaciones y Tratamiento de Sistemas, S.A. have?

2,506 full-time employees according to the latest published profile.

Who runs Aplicaciones y Tratamiento de Sistemas, S.A.?

Cristina Piguillem is the company's chief executive.

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