ALKYL.PA · STOCK
Kalray SA (ALKAL.PA)
Kalray Snapshot
Kalray SA is a niche French semiconductor player designing energy-efficient manycore processors for AI at the edge, data storage, and automotive applications. With just 128 employees and a €0.1B market cap, it punches above its weight in power-constrained computing where giants like Nvidia's GPUs falter. TTM revenue hovers near €0B, but gross margins reach 52% on specialized hardware sales — though operating losses (-49%) and ROE (-41%) reflect heavy R&D (39% of revenue) and CapEx (34%) bets. Beta of 2.5 signals wild volatility in the cyclical chip world. The big risk? Cash burn amid execution in the AI race.
- Market cap
- €128.5M
- Revenue (TTM)
- €38.6M
- Gross margin
- 52.3%
- Operating margin
- -49.1%
- P/E (TTM)
- 0.00
- P/S
- 3.33
- EV/EBITDA
- -23.52
- Beta
- 2.50
- 52-week high
- €8.67
- 52-week low
- €0.40
- Employees
- 128
Kalray at a Glance
Kalray SA designs specialized processors and acceleration cards, targeting AI at the edge, data storage, and automotive uses — markets demanding high performance without massive power draw. This French company, with 128 employees and a €0.1B market cap, operates in the volatile semiconductors space. TTM revenue sits near €0B, with solid gross margins at 52.3%, but operating margins lag at -49.1% and ROE at -40.5% due to aggressive investments. High R&D spending — 38.5% of revenue — and CapEx at 33.9% fuel next-gen products amid a recent -30% YoY quarterly revenue drop. A beta of 2.50 underscores its sensitivity to industry cycles. These dynamics highlight Kalray's high-risk growth profile: big bets on niche tech could pay off, but execution is everything in a boom-bust sector.…