Txcom SA (ALTXC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Txcom SA stock €6.72, price €9.05, that is 25.7% below the price, quality 55 out of 100. Rating: overvalued. Calculated from audited financials with 2 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 4, 2026.
How to read this chart
60‑month range €4.88 – €12.32 · fair‑value band €6.68 – €6.77 · the €9.05 price screens above the €6.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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TXCOM designs, manufactures, and markets communication products in France and internationally. The company offers thermal printing mechanisms; solenoid valves and rotary cylinders; and mechanical, and computers equipment.
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It is also involved in manufacturing and marketing of cold machines; industrial tools allowing the mechanization of manufacturing dough for artisan bakers. TXCOM is headquartered in Le Plessis-Robinson, France.
Stock analysis
Txcom SA (ALTXC) currently trades at €9.05, while our model-based Fair Value estimate is €6.72, 26% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the data coverage at low.
Scenario range: €6.68 (bear) to €6.77 (bull), the price of €9.05 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 55/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Txcom SA reported revenue of €6.1M in FY2025 versus €13.6M in FY2021, a compound −18.2%/yr. Reported net income was −€388K in FY2025.
Key figures
Market cap €11.1M Micro · P/S ratio 2.73 · EPS (TTM) €−0.1300 · Dividend yield 3.9% · Net margin −3.7% · Return on equity −1.4% · Return on assets (EBIT) 6.9% (5-year average) · Operating margin 44.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 22% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −26%, ALTXC screens cheaper than that median.
Fair Value models
Bear€6.68Fair Value €6.72Bull€6.77
Price €9.05 · Downside -25.7%
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.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−39.0%
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.
−22.1%
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.
−14.2%
Start year 2020 (pandemic). Over 10 years: −2.2% a year
Revenue growth 16 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.
+1.8%
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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.
7.2% (2020) → −2.9% (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
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.Communication Equipment · 303 stocks
Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−25.7% · Above median
Profitability
Return on assets−3.3% · Bottom 25%
Net margin (12 months)−3.7% · Bottom 25%
Operating margin (12 months)44.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−54.8% · Bottom 25%
Dividend yield (12 months)3.9% · Top 25%
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/B1.07× · Cheapest 25%
P/S (12 months)2.74× · Pricier than median
EV/EBITDA7.2× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 57
PAST (return on equity)0· sector 21
HEALTH (low debt)100· sector 98
DIVIDEND (yield)78· 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). "Txcom SA Fair Value". https://www.fairvalue-calculator.com/stock/ALTXC
Frequently asked questions
Is Txcom SA (ALTXC) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of €6.72 versus a price of €9.05, about 26% lower (overvalued).
What is the fair value of ALTXC?
Our model-based fair value for Txcom SA is €6.72 (as of Nov 4, 2026), built from audited fundamentals. The current price: €9.05.
What is the quality score of ALTXC?
Txcom SA has a Quality Score of 55/100. 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 Txcom SA (ALTXC)?
Our model-based price target is the fair value of €6.72 (as of Nov 4, 2026) from 2 valuation models. Cautious scenario €6.68, optimistic scenario €6.77. It is a calculation from audited fundamentals, not an analyst target.
What is the Txcom SA stock forecast for 2026?
Our models put fair value at €6.72, about 26% lower versus a price of €9.05 (overvalued). Cautious scenario €6.68, optimistic scenario €6.77. The calculation is refreshed regularly with new filings.
What is the revenue of Txcom SA (ALTXC)?
Txcom SA reported trailing-twelve-month revenue of about €4.1M (latest available figure, as of Nov 4, 2026).
Does Txcom SA pay a dividend?
Txcom SA currently shows a dividend yield of 3.89% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Txcom SA (ALTXC)?
Txcom SA has a dividend yield of 3.9%.
What is the intrinsic value of Txcom SA (ALTXC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Txcom SA it is €6.72 per share (as of Nov 4, 2026), against a price of €9.05. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is Txcom SA stock overvalued or undervalued in 2026?
As of Nov 4, 2026, ALTXC trades above its calculated fair value: price €9.05, fair value €6.72, a gap of about −26% (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 ALTXC?
No. The price is what the market pays today (€9.05); the fair value is what the company's own numbers justify (€6.72). For Txcom SA the two are €2.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Txcom SA worth?
The market values Txcom SA at about €11.1M (market capitalisation, as of Nov 4, 2026). Per share that is €9.05; our models calculate a fair value of €6.72 per share.
What do the bullish and bearish scenarios say about ALTXC?
Our models span a range for Txcom SA: cautious scenario €6.68, base €6.72, optimistic €6.77 per share (as of Nov 4, 2026, price €9.05). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Txcom SA (ALTXC)?
Balance-sheet figures for Txcom SA (as of Nov 4, 2026): return on equity −1.4%. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is ALTXC from its 52-week high?
Txcom SA trades at €9.05, about 3% below its 52-week high of €9.30 and 22% above the low of €7.40 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €6.72 is for.
Which stocks are comparable to Txcom 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 Txcom SA stock attractive at the current price?
The data as of Nov 4, 2026: price €9.05, calculated fair value €6.72 (−26%), Quality Score 55/100, from 2 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 ALTXC calculated?
We run Txcom SA through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of €6.72 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. Txcom 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 Txcom SA (ALTXC)?
The closing price on Nov 6, 2026 was €9.05. Our model-based fair value is €6.72, about 26% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Txcom SA right now?
The price sits above even our optimistic bull case (€6.77). The favourable scenario is already priced in. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (€6.68 to €6.77), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Txcom SA (ALTXC) come from?
Earnings per share at Txcom SA grew +5.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.9 %, EBIT margin +0.6 %, tax rate −1.8 %, residual (interest, one-offs) +3.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Txcom SA
How large is the market capitalisation of Txcom SA (ALTXC)?
The market capitalisation of Txcom SA is €11.1M. 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 Txcom SA (ALTXC)?
The price-to-sales ratio of Txcom SA is 2.73 (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 Txcom SA (ALTXC)?
Earnings per share at Txcom SA are €−0.1300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Txcom SA (ALTXC)?
The dividend yield of Txcom SA is 3.9%. 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 Txcom SA (ALTXC)?
The net margin of Txcom SA is −3.7% (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 Txcom SA (ALTXC)?
The return on equity (ROE) of Txcom SA is −1.4% (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 Txcom SA (ALTXC)?
On an EBIT basis the return on assets of Txcom SA is 6.9% (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 Txcom SA (ALTXC)?
The operating margin of Txcom SA is 44.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Txcom SA (ALTXC)?
Revenue at Txcom SA is growing −54.8% versus a year earlier (3y avg −22.1%). 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 Txcom SA (ALTXC)?
Earnings per share at Txcom SA are growing +122% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Txcom SA (ALTXC) generate?
The free cash flow of Txcom SA is −€1.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Txcom SA (ALTXC) hold?
Txcom SA holds more cash than debt, €8.0M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026