February 20, 2017

Umanis

We sincerely feel

BEARISH

on the markets
ALUMS.PA (ISIN: FR0010949388)      

Umanis SA is a France-based company engaged in the provision of information technology (IT) services, which are primarily consulting, engineering and outsourcing. The Company offers studies, IT audit services and conducts changes within the organization, among others. Together with its subsidiaries it provides services in three core areas: Business Intelligence, Customer Relationship Management (CRM), and Web & IT.

Market: Euronext Paris

http://www.groupeumanis.com




Fair value: 48 €
Discount: 30%
Average yearly return: 40%
Outperformer

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