ENENSYS Technologies SA (ALNN6) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ENENSYS Technologies SA stock €0.18, price €1.06, that is 83.0% below the price, quality 35 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 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 5, 2026.
How to read this chart
60‑month range €0.4872 – €1.66 · fair‑value band €0.1000 – €0.3200 · the €1.06 price screens above the €0.1800 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
Follow ENENSYS Technologies in your weekly email
Every Wednesday you see whether ENENSYS Technologies 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.
ENENSYS Technologies SA engages in the design and marketing of hardware and software solutions for media distributors in France, rest of Europe, the Middle East, Africa, the Asia Pacific, North America, and Latin America.
Show moreShow less
The company offers content provisioning server, demodulator, dual modulator, embedded software, exciter, gateway, middleware, modem, modulator, modulator exciter, OEM modules, server, splicer, switches, test tool, and wideband modulator, as well as modules for HDc. It also provides solutions for satellite networks, DTT networks, television and radio technologies, and mobile and broadband networks.
In addition, the company offers targeted advertising, streaming for mobile/broadband, terrestrial networks, satellite and critical communication, as well as test and monitoring solutions. ENENSYS Technologies SA was founded in 2004 and is headquartered in Cesson-Sévigné, France.
Stock analysis
ENENSYS Technologies SA (ALNN6) currently trades at €1.06, while our model-based Fair Value estimate is €0.1800, 83% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of €0.2150 per share, and 0 of the 6 models we run sit above the €1.06 price.
Bear case: the Asset-Based group reads lowest at €0.0500, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: €0.1000 (bear) to €0.3200 (bull), the price of €1.06 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 35/100 (below-average quality), in the Technology sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
ENENSYS Technologies SA reported revenue of €10.6M in FY2025 versus €12.5M in FY2021, a compound −4.0%/yr. Reported net income was −€1.4M in FY2025.
Key figures
Market cap €8.2M Micro · P/S ratio 0.74 · EPS (TTM) €−0.1900 · Dividend yield 1.2% · Net margin −13.6% · Return on equity −96.0% · Return on assets (EBIT) 2.6% (5-year average) · Operating margin −19.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 28% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −83%, ALNN6 screens richer than that median.
Fair Value models
Bear€0.1000Fair Value €0.1800Bull€0.3200
Price €1.06 · Downside -83.0%
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.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.15/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
−29.6%
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.
−5.9%
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.
+0.1%
Start year 2020 (pandemic)
Revenue growth 17 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.
+7.3%
’08
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−45.8% (2020) → −12.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
+29.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +26.9% a year for the price.
Compare ENENSYS Technologies SA with another stock
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.Communication Equipment · 303 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−83.0% · Bottom 25%
Profitability
Return on assets−10.2% · Bottom 25%
Net margin (12 months)−13.6% · Bottom 25%
Operating margin (12 months)−19.3% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)20.7% · Above median
Dividend yield (12 months)1.2% · Below median
Balance sheet
Debt / equity5.77× · Highest 25%
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/B11.75× · Priciest 25%
P/S (12 months)0.71× · Cheapest 25%
Price / free cash flow (fiscal year)42.7× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 57
PAST (return on equity)0· sector 21
HEALTH (low debt)0· sector 98
DIVIDEND (yield)23· sector 24
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.
Cite: Fair Value Calculator (2026). "ENENSYS Technologies SA Fair Value". https://www.fairvalue-calculator.com/stock/ALNN6
Frequently asked questions
Is ENENSYS Technologies SA (ALNN6) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of €0.1800 versus a price of €1.06, about 83% lower (overvalued).
What is the fair value of ALNN6?
Our model-based fair value for ENENSYS Technologies SA is €0.1800 (as of Nov 5, 2026), built from audited fundamentals. The current price: €1.06.
What is the quality score of ALNN6?
ENENSYS Technologies SA has a Quality Score of 35/100. 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 ENENSYS Technologies SA (ALNN6)?
Our model-based price target is the fair value of €0.1800 (as of Nov 5, 2026) from 6 valuation models. Cautious scenario €0.1000, optimistic scenario €0.3200. It is a calculation from audited fundamentals, not an analyst target.
What is the ENENSYS Technologies SA stock forecast for 2026?
Our models put fair value at €0.1800, about 83% lower versus a price of €1.06 (overvalued). Cautious scenario €0.1000, optimistic scenario €0.3200. The calculation is refreshed regularly with new filings.
What is the revenue of ENENSYS Technologies SA (ALNN6)?
ENENSYS Technologies SA reported trailing-twelve-month revenue of about €11.6M (latest available figure, as of Nov 5, 2026).
Does ENENSYS Technologies SA pay a dividend?
ENENSYS Technologies SA currently shows a dividend yield of 1.16% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of ENENSYS Technologies SA (ALNN6)?
ENENSYS Technologies SA has a dividend yield of 1.2%.
What growth is priced into ENENSYS Technologies SA (ALNN6)?
For today's price to be fair in a discounted-cash-flow model, ENENSYS Technologies SA would have to grow free cash flow by +29.6 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.1 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of ALNN6 use?
Our models discount ENENSYS Technologies SA at 10.3 %: a base by market capitalisation (nano), damped by beta 1.01, 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 ENENSYS Technologies SA that is +29.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has ENENSYS Technologies SA (ALNN6) delivered so far?
Over the past 5 years revenue at ENENSYS Technologies SA grew +0.1 % a year. The price currently implies free-cash-flow growth of +29.6 % 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 ENENSYS Technologies SA (ALNN6) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into ENENSYS Technologies SA (+29.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ENENSYS Technologies SA (ALNN6)?
The free-cash-flow yield on the price is 2.34 %: that much free cash flow ENENSYS Technologies SA produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of ENENSYS Technologies SA (ALNN6)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ENENSYS Technologies SA it is €0.1800 per share (as of Nov 5, 2026), against a price of €1.06. It is the blended result of 6 valuation models in 3 families (DCF Models, Asset-Based, Growth DCF).
Is ENENSYS Technologies SA stock overvalued or undervalued in 2026?
As of Nov 5, 2026, ALNN6 trades above its calculated fair value: price €1.06, fair value €0.1800, a gap of about −83% (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 ALNN6?
No. The price is what the market pays today (€1.06); the fair value is what the company's own numbers justify (€0.1800). For ENENSYS Technologies SA the two are €0.8800 per share apart. That gap is exactly why we show both numbers side by side.
How much is ENENSYS Technologies SA worth?
The market values ENENSYS Technologies SA at about €8.2M (market capitalisation, as of Nov 5, 2026). Per share that is €1.06; our models calculate a fair value of €0.1800 per share.
What do the bullish and bearish scenarios say about ALNN6?
Our models span a range for ENENSYS Technologies SA: cautious scenario €0.1000, base €0.1800, optimistic €0.3200 per share (as of Nov 5, 2026, price €1.06). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of ENENSYS Technologies SA (ALNN6)?
Balance-sheet figures for ENENSYS Technologies SA (as of Nov 5, 2026): return on equity −96.0%, debt of 5.77 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is ALNN6 from its 52-week high?
ENENSYS Technologies SA trades at €1.06, about 26% below its 52-week high of €1.44 and 28% above the low of €0.8300 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €0.1800 is for.
Which stocks are comparable to ENENSYS Technologies SA?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, 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 ENENSYS Technologies SA stock attractive at the current price?
The data as of Nov 5, 2026: price €1.06, calculated fair value €0.1800 (−83%), Quality Score 35/100, from 6 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 ALNN6 calculated?
We run ENENSYS Technologies SA through 6 models from 3 families: DCF Models, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of €0.1800 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. ENENSYS Technologies SA 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 ENENSYS Technologies SA (ALNN6)?
The closing price on Nov 6, 2026 was €1.06. Our model-based fair value is €0.1800, about 83% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ENENSYS Technologies SA right now?
The price sits above even our optimistic bull case (€0.3200). The favourable scenario is already priced in. Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (€0.1000 to €0.3200). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of ENENSYS Technologies SA
How large is the market capitalisation of ENENSYS Technologies SA (ALNN6)?
The market capitalisation of ENENSYS Technologies SA is €8.2M. 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 ENENSYS Technologies SA (ALNN6)?
The price-to-sales ratio of ENENSYS Technologies SA is 0.74 (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 ENENSYS Technologies SA (ALNN6)?
Earnings per share at ENENSYS Technologies SA are €−0.1900. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ENENSYS Technologies SA (ALNN6)?
The dividend yield of ENENSYS Technologies SA is 1.2%. 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 ENENSYS Technologies SA (ALNN6)?
The net margin of ENENSYS Technologies SA is −13.6% (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 ENENSYS Technologies SA (ALNN6)?
The return on equity (ROE) of ENENSYS Technologies SA is −96.0% (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 ENENSYS Technologies SA (ALNN6)?
On an EBIT basis the return on assets of ENENSYS Technologies SA is 2.6% (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 ENENSYS Technologies SA (ALNN6)?
The operating margin of ENENSYS Technologies SA is −19.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ENENSYS Technologies SA (ALNN6)?
Revenue at ENENSYS Technologies SA is growing +20.7% versus a year earlier (3y avg −5.9%). 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 ENENSYS Technologies SA (ALNN6)?
Earnings per share at ENENSYS Technologies SA are growing +267% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does ENENSYS Technologies SA (ALNN6) carry?
The net debt of ENENSYS Technologies SA is €6.1M (fiscal year 2025, ≈ 31.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch ENENSYS Technologies SA in the live analysis
One click puts ENENSYS Technologies SA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 5, 2026