Audacia SAS (ALAUD) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Audacia SAS stock €1.69, price €3.33, that is 49.2% below the price, quality 51 out of 100. Rating: strongly overvalued. Calculated from audited financials with 10 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 3, 2026.
How to read this chart
60‑month range €2.51 – €6.35 · fair‑value band €1.48 – €2.30 · the €3.33 price screens above the €1.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
Follow Audacia SAS in your weekly email
Every Wednesday you see whether Audacia SAS is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Audacia SA is a venture capital and private equity firm specializing in startups, growth capital, emerging growth, mature, SMEs family businesses, mezzanine and real estate investments.
Show moreShow less
The firm prefers to invest in all sectors, with a focus on consumer goods, hotel and catering, industrials, Business-to-Business and Business-to-Consumer services, quantum communication, quantum computing, innovative physics and quantum sensors. It typically invests in France.
The firm seeks to invest between "2 million ($2.16 million) and "10 million ($10.82 million) in the form of convertible bonds and can make equity investment between "0.5 million ($0.54 million) and "10 million ($10.82 million).
The firm generally targets companies with sale revenues between "5 million ($5.41 million) and "250 million ($270.39 million). Audacia SA was founded in 2006 and is based in Paris, France.
Stock analysis
Audacia SAS (ALAUD) currently trades at €3.33, while our model-based Fair Value estimate is €1.69, 49% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Earnings-Based group reads highest at a median of €7.35 per share, and 5 of the 10 models we run sit above the €3.33 price.
Bear case: the Growth DCF group reads lowest at €0.8300, and 5 of the 10 models stay below the price. Data coverage for this calculation is low.
Scenario range: €1.48 (bear) to €2.30 (bull), the price of €3.33 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 51/100 (solid quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Audacia SAS reported revenue of €21.1M in FY2025 versus €8.1M in FY2021, a compound +26.9%/yr. Reported net income was €1.5M in FY2025, compounding −19.0%/yr from FY2021.
Key figures
Market cap €25.0M Micro · P/E ratio 83.3 · P/S ratio 5.92 · EPS (TTM) €0.0400 · Net margin 7.1% · Return on equity 4.7% · Return on assets (EBIT) 3.0% (5-year average) · Operating margin 4.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −49%, ALAUD screens richer than that median.
Fair Value models
Bear€1.48Fair Value €1.69Bull€2.30
Price €3.33 · Downside -49.2%
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 (€0.0343 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.
Best data coverage
Growth DCF€0.6500€0.8300€1.2178
Residual Income€1.74€1.99€2.7071
Owner Earnings€3.15€6.62€13.9070
All 10 models by family
DCF Models
Owner Earnings€3.15€6.62€13.9070
5Y P/E Exit€1.99€4.19€7.1667
10Y P/E Exit€1.61€3.58€7.2859
Earnings-Based
Graham-Dodd€1.43€10.01€14.0463
Lynch FV€3.28€4.69€6.1061
Multiples
P/E Multiple€2.06€2.74€3.4363
P/B Multiple€1.39€1.86€2.3255
Asset-Based
NCAV (Graham)€0.7700€1.17€1.4654
Growth DCF
Growth DCF€0.6500€0.8300€1.2178
Economic Profit
Residual Income€1.74€1.99€2.7071
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+61.7%
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.
+29.2%
’18
’19
’20
’21
’22
’23
’24
’25
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.
−35.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−35.3%
Dividend (yield on the price)0.0%
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.17% → 9%
⚠ Revenue per share shrinking 8.0%/yr over ~5Y (margins eroding too) ⓘ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.
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Asset Management · 587 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−49.2% · Bottom 25%
Profitability
Return on equity (12 months)4.7% · Below median
Return on assets5.5% · Above median
Net margin (12 months)−2.0% · Bottom 25%
Operating margin (12 months)4.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)48.2% · Top 25%
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Asset Management median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Audacia SAS Fair Value". https://www.fairvalue-calculator.com/stock/ALAUD
Frequently asked questions
Is Audacia SAS (ALAUD) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of €1.69 versus a price of €3.33, about 49% lower (overvalued).
What is the fair value of ALAUD?
Our model-based fair value for Audacia SAS is €1.69 (as of Nov 3, 2026), built from audited fundamentals. The current price: €3.33.
What is the quality score of ALAUD?
Audacia SAS has a Quality Score of 51/100. 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 Audacia SAS (ALAUD)?
Our model-based price target is the fair value of €1.69 (as of Nov 3, 2026) from 10 valuation models. Cautious scenario €1.48, optimistic scenario €2.30. It is a calculation from audited fundamentals, not an analyst target.
What is the Audacia SAS stock forecast for 2026?
Our models put fair value at €1.69, about 49% lower versus a price of €3.33 (overvalued). Cautious scenario €1.48, optimistic scenario €2.30. The calculation is refreshed regularly with new filings.
What is the revenue of Audacia SAS (ALAUD)?
Audacia SAS reported trailing-twelve-month revenue of about €17.3M (latest available figure, as of Nov 3, 2026).
What growth is priced into Audacia SAS (ALAUD)?
For today's price to be fair in a discounted-cash-flow model, Audacia SAS would have to grow free cash flow by more than 80 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.3 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of ALAUD use?
Our models discount Audacia SAS at 9.0 %: a base by market capitalisation (nano), damped by beta 0.36, country premium for France. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Audacia SAS that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Audacia SAS (ALAUD) delivered so far?
Over the past 5 years revenue at Audacia SAS grew +14.3 % a year. The price currently implies free-cash-flow growth of more than 80 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Audacia SAS (ALAUD) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Audacia SAS (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Audacia SAS (ALAUD)?
The free-cash-flow yield on the price is 0.10 %: that much free cash flow Audacia SAS produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Audacia SAS (ALAUD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Audacia SAS it is €1.69 per share (as of Nov 3, 2026), against a price of €3.33. It is the blended result of 10 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Audacia SAS stock overvalued or undervalued in 2026?
As of Nov 3, 2026, ALAUD trades above its calculated fair value: price €3.33, fair value €1.69, a gap of about −49% (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 ALAUD?
No. The price is what the market pays today (€3.33); the fair value is what the company's own numbers justify (€1.69). For Audacia SAS the two are €1.64 per share apart. That gap is exactly why we show both numbers side by side.
How much is Audacia SAS worth?
The market values Audacia SAS at about €25.0M (market capitalisation, as of Nov 3, 2026). Per share that is €3.33; our models calculate a fair value of €1.69 per share.
What do the bullish and bearish scenarios say about ALAUD?
Our models span a range for Audacia SAS: cautious scenario €1.48, base €1.69, optimistic €2.30 per share (as of Nov 3, 2026, price €3.33). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ALAUD?
Audacia SAS trades at a price-to-earnings ratio of 83.3 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €1.69 is built from several models across several years. Other multiples: P/B 1.8, P/S 1.4, EV/EBITDA 10.9.
How solid is the balance sheet of Audacia SAS (ALAUD)?
Balance-sheet figures for Audacia SAS (as of Nov 3, 2026): return on equity 4.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is ALAUD from its 52-week high?
Audacia SAS trades at €3.33, about 44% below its 52-week high of €5.96 and at the low of €3.32 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €1.69 is for.
Which stocks are comparable to Audacia SAS?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, 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 Audacia SAS stock attractive at the current price?
The data as of Nov 3, 2026: price €3.33, calculated fair value €1.69 (−49%), Quality Score 51/100, from 10 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 ALAUD calculated?
We run Audacia SAS through 10 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of €1.69 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 13.3% above its aggregate fair value. Audacia SAS 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 Audacia SAS (ALAUD)?
The closing price on Nov 6, 2026 was €3.33. Our model-based fair value is €1.69, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Audacia SAS right now?
The price sits above even our optimistic bull case (€2.30). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Audacia SAS
How large is the market capitalisation of Audacia SAS (ALAUD)?
The market capitalisation of Audacia SAS is €25.0M. 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 Audacia SAS (ALAUD)?
The price-to-sales ratio of Audacia SAS is 5.92 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Audacia SAS (ALAUD)?
Earnings per share at Audacia SAS are €0.0400 (price ÷ EPS = P/E 83.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Audacia SAS (ALAUD)?
The net margin of Audacia SAS is 7.1% (fiscal year 2025). 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 Audacia SAS (ALAUD)?
The return on equity (ROE) of Audacia SAS is 4.7% (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 Audacia SAS (ALAUD)?
On an EBIT basis the return on assets of Audacia SAS is 3.0% (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 Audacia SAS (ALAUD)?
The operating margin of Audacia SAS is 4.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Audacia SAS (ALAUD)?
Revenue at Audacia SAS is growing +48.2% versus a year earlier (3y avg +29.2%). 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 Audacia SAS (ALAUD)?
Earnings per share at Audacia SAS are growing −79.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Audacia SAS (ALAUD) hold?
Audacia SAS holds more cash than debt, €4.8M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Audacia SAS in the live analysis
One click puts Audacia SAS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 3, 2026