Investment case
Ayvens S.A.
SCGLY · 8 developments mapped · last assessed 2026-09-21
Market Ontology has mapped 8 macro, policy, and market developments to Ayvens S.A. since 2026-09-17. Each one is traced from the driver to the valuation assumption it moves, and the valuation below is run on the same engine the subscription uses.
Valuation
No validated run has been published for SCGLY yet, so no modelled value is shown. The SCGLY valuation is in the public catch-up queue.
Subscribers do not wait for the weekly cycle: they run SCGLY on demand, against live prices and the latest filings, and change any assumption the developments below move.
Filed financials
Current case
- Strongest support
Ayvens raises 2029 ROTE target to 14-16% and sets CET1 ratio at ~12.5%
Direct financial guidance upgrade, indicating improved profitability and capital management.
· Moves future profitability growth rates, return on tangible equity (rote), capital structure and cost of equity
- Open question
Michelin Repurchases 199,562 Ordinary Shares at Weighted Average Price of €32.79
Societe Generale acted as an intermediary broker, earning a fee for facilitating the transaction.
· Moves investment banking fee income
What changed, by assumption
- 2026-09-21Ayvens raises 2029 ROTE target to 14-16% and sets CET1 ratio at ~12.5%
- 2026-09-21Ayvens Updates 2029 Strategic Targets Raising ROTE Guidance to 14-16%
- 2026-09-21Ayvens Upgrades 2029 Strategic Targets with 14%-16% ROTE Goal
- 2026-09-21Ayvens Upgrades 2029 Financial Targets to 14-16% ROTE and 49% Cost-to-Income Ratio
- 2026-09-21Ayvens Unveils 2029 Plan Targeting 14-16% ROTE and ~12.5% CET1 Ratio
- 2026-09-21Ayvens unveils 2029 strategic plan, lifting ROTE target to 14%-16%
Event impact log
Full ledger →| Date | Mechanism | Direction | Horizon | Impact |
|---|---|---|---|---|
| 2026-09-21 | Ayvens Updates 2029 Strategic Targets Raising ROTE Guidance to 14-16% | Bullish | 1-5y | 0.80 |
| 2026-09-21 | Ayvens Upgrades 2029 Financial Targets to 14-16% ROTE and 49% Cost-to-Income Ratio | Bullish | 1-5y | 0.80 |
| 2026-09-21 | Ayvens raises 2029 ROTE target to 14-16% and sets CET1 ratio at ~12.5% | Bullish | 1-5y | 0.90 |
| 2026-09-21 | Ayvens Unveils 2029 Plan Targeting 14-16% ROTE and ~12.5% CET1 Ratio | Bullish | 1-5y | 0.80 |
| 2026-09-21 | Ayvens Upgrades 2029 Strategic Targets with 14%-16% ROTE Goal | Bullish | 3-12m | 0.80 |
| 2026-09-21 | Ayvens unveils 2029 strategic plan, lifting ROTE target to 14%-16% | Bullish | 1-5y | 0.80 |
| 2026-09-21 | Ayvens targets 14%-16% ROTE and 12.5% CET1 ratio in 2029 strategic roadmap | Bullish | 1-5y | 0.80 |
| 2026-09-17 | Michelin Repurchases 199,562 Ordinary Shares at Weighted Average Price of €32.79 | mixed | intraday | 0.30 |