Aktor S.A. Holding (AKTR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Aktor S.A. Holding stock €1.45, price €9.94, that is 85.4% below the price, quality 24 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range €1.34 – €14.50 · fair‑value band €1.09 – €2.16 · the €9.94 price screens above the €1.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Aktor S.A. Holding (AKTR) currently trades at €9.94, while our model-based Fair Value estimate is €1.45, 85% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €2.23 per share, and 0 of the 14 models we run sit above the €9.94 price.
Bear case: the Economic Profit group reads lowest at €0.7100, and 14 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: €1.09 (bear) to €2.16 (bull), the price of €9.94 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 24/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Aktor S.A. Holding reported revenue of €1.4B in FY2025 versus €215M in FY2021, a compound +59.6%/yr. Reported net income was €18.0M in FY2025.
Key figures
Market cap €2.6B Mid · P/E ratio 331.3 · P/S ratio 1.80 · EPS (TTM) €0.0300 · Dividend yield 0.1% · Net margin 0.5% · Return on equity 0.9% · Return on assets (EBIT) 0.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).
What moves the price
The share trades about 31% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −21% fair-value upside, at −85%, AKTR screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (€0.0900 to €4.01). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear€1.09Fair Value €1.45Bull€2.16
Price €9.94 · Downside -85.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.0256 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+11.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+83.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+51.5%
Start year 2020 (pandemic). Over 10 years: +25.2% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.5%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+33.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+33.8%
Dividend (yield on the price)0.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.33.8% vs 10.9%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−2% → 7%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.3%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
AI conclusion: The company's large construction project backlog provides operational stability, yet thin margins, weak returns and high leverage limit any durable competitive advantage.
Main risk: High leverage together with negative free cash flow threatens the funding of the shift into renewables and concessions as well as core contracting operations.
Aktor is actively buying back its own shares under an approved program, with hundreds of thousands acquired in early October alone. At the same time the group pushes hard into renewables, LNG and concessions while construction still anchors operations through a large project backlog. Can the shift to energy and infrastructure deliver steadier cash flows and better margins than the core contracting business has historically provided?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Construction & Engineering · 19 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score24 · Bottom 25%
Fair Value upside−85.4% · Bottom 25%
Profitability
Return on equity (12 months)0.9% · Below median
Return on assets0.6% · Below median
Net margin (12 months)0.5% · Below median
Operating margin (12 months)7.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)4.2% · Above median
Balance sheet
Debt / equity2.34× · Highest 25%
Valuation Multiplesvs Construction & Engineering median · lower = cheaper
P/E (12 months)331.3× · Priciest 25%
P/B6.67× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)1.80× · Pricier than median
EV/EBITDA20.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)21· sector 0
PAST (return on equity)4· sector 8
HEALTH (low debt)0· sector 97
DIVIDEND (yield)2· sector 0
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Aktor S.A. Holding (AKTR) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €1.45 versus a price of €9.94, about 85% lower (overvalued).
What is the fair value of AKTR?
Our model-based fair value for Aktor S.A. Holding is €1.45 (as of Nov 7, 2026), built from audited fundamentals. The current price: €9.94.
What is the quality score of AKTR?
Aktor S.A. Holding has a Quality Score of 24/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Aktor S.A. Holding (AKTR)?
Our model-based price target is the fair value of €1.45 (as of Nov 7, 2026) from 14 valuation models. Cautious scenario €1.09, optimistic scenario €2.16. It is a calculation from audited fundamentals, not an analyst target.
What is the Aktor S.A. Holding stock forecast for 2026?
Our models put fair value at €1.45, about 85% lower versus a price of €9.94 (overvalued). Cautious scenario €1.09, optimistic scenario €2.16. The calculation is refreshed regularly with new filings.
What is the revenue of Aktor S.A. Holding (AKTR)?
Aktor S.A. Holding reported trailing-twelve-month revenue of about €1.4B (latest available figure, as of Nov 7, 2026).
Does Aktor S.A. Holding pay a dividend?
Aktor S.A. Holding currently shows a dividend yield of 0.08% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Aktor S.A. Holding (AKTR)?
Aktor S.A. Holding has a dividend yield of 0.1%.
What is the intrinsic value of Aktor S.A. Holding (AKTR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Aktor S.A. Holding it is €1.45 per share (as of Nov 7, 2026), against a price of €9.94. It is the blended result of 14 valuation models in 5 families (Earnings-Based, Dividend Discount, Multiples, Economic Profit, Growth Earnings).
Is Aktor S.A. Holding stock overvalued or undervalued in 2026?
As of Nov 7, 2026, AKTR trades above its calculated fair value: price €9.94, fair value €1.45, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AKTR?
No. The price is what the market pays today (€9.94); the fair value is what the company's own numbers justify (€1.45). For Aktor S.A. Holding the two are €8.49 per share apart. That gap is exactly why we show both numbers side by side.
How much is Aktor S.A. Holding worth?
The market values Aktor S.A. Holding at about €2.6B (market capitalisation, as of Nov 7, 2026). Per share that is €9.94; our models calculate a fair value of €1.45 per share.
What do the bullish and bearish scenarios say about AKTR?
Our models span a range for Aktor S.A. Holding: cautious scenario €1.09, base €1.45, optimistic €2.16 per share (as of Nov 7, 2026, price €9.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AKTR?
Aktor S.A. Holding trades at a price-to-earnings ratio of 331.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €1.45 is built from several models across several years. Other multiples: P/B 6.7, P/S 1.8, EV/EBITDA 20.7.
How solid is the balance sheet of Aktor S.A. Holding (AKTR)?
Balance-sheet figures for Aktor S.A. Holding (as of Nov 7, 2026): return on equity 0.9%, debt of 2.34 per unit of equity. They feed the Quality Score of 24/100, which measures business quality independently of the share price.
How far is AKTR from its 52-week high?
Aktor S.A. Holding trades at €9.94, about 31% below its 52-week high of €14.50 and 18% above the low of €8.40 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €1.45 is for.
Which stocks are comparable to Aktor S.A. Holding?
From the same area (Industrials) we also value KT Submarine Co, Hanyang ENG Co, MWIDE, EEI, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Aktor S.A. Holding stock attractive at the current price?
The data as of Nov 7, 2026: price €9.94, calculated fair value €1.45 (−85%), Quality Score 24/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AKTR calculated?
We run Aktor S.A. Holding through 14 models from 5 families: Earnings-Based, Dividend Discount, Multiples, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €1.45 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Aktor S.A. Holding itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Aktor S.A. Holding (AKTR)?
The closing price on Nov 6, 2026 was €9.94. Our model-based fair value is €1.45, about 85% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Aktor S.A. Holding right now?
The price sits above even our optimistic bull case (€2.16). The favourable scenario is already priced in. Weak quality (24/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (€1.09 to €2.16) leaves room in how you read the outcome.
Key figures of Aktor S.A. Holding
How large is the market capitalisation of Aktor S.A. Holding (AKTR)?
The market capitalisation of Aktor S.A. Holding is €2.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Aktor S.A. Holding (AKTR)?
The price-to-sales ratio of Aktor S.A. Holding is 1.80 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Aktor S.A. Holding (AKTR)?
Earnings per share at Aktor S.A. Holding are €0.0300 (price ÷ EPS = P/E 331.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Aktor S.A. Holding (AKTR)?
The dividend yield of Aktor S.A. Holding is 0.1% (payout 24.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Aktor S.A. Holding (AKTR)?
The net margin of Aktor S.A. Holding is 0.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Aktor S.A. Holding (AKTR)?
The return on equity (ROE) of Aktor S.A. Holding is 0.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Aktor S.A. Holding (AKTR)?
On an EBIT basis the return on assets of Aktor S.A. Holding is 0.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Aktor S.A. Holding (AKTR)?
The operating margin of Aktor S.A. Holding is 7.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Aktor S.A. Holding (AKTR)?
Revenue at Aktor S.A. Holding is growing +4.2% versus a year earlier (3y avg +83.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Aktor S.A. Holding (AKTR)?
Earnings per share at Aktor S.A. Holding are growing −67.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Aktor S.A. Holding (AKTR) generate?
The free cash flow of Aktor S.A. Holding is −€77.3M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Aktor S.A. Holding (AKTR) carry?
The net debt of Aktor S.A. Holding is €1.0B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 7, 2026