eDreams Odigeo SA (EDR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of eDreams Odigeo SA stock €11.55, price €5.18, upside +123.0%, quality 59 out of 100. Rating: strongly undervalued. Calculated from audited financials with 22 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 €2.74 – €9.88 · fair‑value band €7.24 – €14.43 · the €5.18 price screens below the €11.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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eDreams ODIGEO S.A., together with its subsidiaries, operates as an online travel company in France, Southern Europe, Northern Europe, and internationally. The company offers online travel agency services under the Go Voyages, eDreams, Opodo, Travellink, and Liligo brand names.
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It also provides marketing, admin and IT consulting, and metasearch services. The company was formerly known as LuxGEO Parent S.a.r.l. and changed its name to eDreams ODIGEO S.A. in January 2014. eDreams ODIGEO S.A. was founded in 1999 and is based in Madrid, Spain.
Stock analysis
eDreams Odigeo SA (EDR) currently trades at €5.18, while our model-based Fair Value estimate is €11.55, implying the stock looks roughly 55% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €11.97 per share, and 18 of the 22 models we run sit above the €5.18 price.
Bear case: the Economic Profit group reads lowest at €3.53, and 4 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €7.24 (bear) to €14.43 (bull), the price of €5.18 sits below 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 59/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
eDreams Odigeo SA reported revenue of €669M in FY2026 versus €398M in FY2022, a compound +13.8%/yr. Reported net income was €52.2M in FY2026.
Key figures
Market cap €573M Small · P/E ratio 15.2 · P/S ratio 0.87 · EPS (TTM) €0.3400 · Net margin 5.9% · Return on equity 15.5% · Return on assets (EBIT) 2.9% (5-year average) · Operating margin 6.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high and 89% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at 123%, EDR screens cheaper than that median.
Fair Value models
Bear€7.24Fair Value €11.55Bull€14.43
Price €5.18 · Upside +123.0%
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. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (€0.2077 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
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−0.4%
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.
+4.4%
Revenue growth 14 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.
+3.3%
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What shareholders gained per year (last 3 years) (mathematically smoothed) ⓘ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 3 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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+36.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+36.3%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘ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.−104% → 14%
2026 sits 55% above its own trend. The rate follows the median trend of the last 3 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
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).
−0.9%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −3.0% a year for the price and +1.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (22 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
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.Travel Services · 87 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+123.0% · Top 25%
Profitability
Return on equity (12 months)15.5% · Above median
Return on assets4.4% · Above median
Net margin (12 months)5.9% · Above median
Operating margin (12 months)6.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−4.1% · Below median
Balance sheet
Debt / equity1.49× · Highest 25%
Valuation Multiplesvs Travel Services median · lower = cheaper
P/E (12 months)15.2× · Cheaper than median
P/B2.31× · 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.
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). "eDreams Odigeo SA Fair Value". https://www.fairvalue-calculator.com/stock/EDR
Frequently asked questions
Is eDreams Odigeo SA (EDR) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of €11.55 versus a price of €5.18, about +123% upside (undervalued).
What is the fair value of EDR?
Our model-based fair value for eDreams Odigeo SA is €11.55 (as of Nov 5, 2026), built from audited fundamentals. The current price: €5.18.
What is the quality score of EDR?
eDreams Odigeo SA has a Quality Score of 59/100. 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 eDreams Odigeo SA (EDR)?
Our model-based price target is the fair value of €11.55 (as of Nov 5, 2026) from 22 valuation models. Cautious scenario €7.24, optimistic scenario €14.43. It is a calculation from audited fundamentals, not an analyst target.
What is the eDreams Odigeo SA stock forecast for 2026?
Our models put fair value at €11.55, about +123% upside versus a price of €5.18 (undervalued). Cautious scenario €7.24, optimistic scenario €14.43. The calculation is refreshed regularly with new filings.
What is the revenue of eDreams Odigeo SA (EDR)?
eDreams Odigeo SA reported trailing-twelve-month revenue of about €661M (latest available figure, as of Nov 5, 2026).
What growth is priced into eDreams Odigeo SA (EDR)?
For today's price to be fair in a discounted-cash-flow model, eDreams Odigeo SA would have to grow free cash flow by -0.9 % per year for five years (discount rate 13.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +44.2 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of EDR use?
Our models discount eDreams Odigeo SA at 13.6 %: a base by market capitalisation (small), damped by beta 1.32, country premium for Spain. 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 eDreams Odigeo SA that is -0.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.6 %) and the same formula as our fair value.
How much growth has eDreams Odigeo SA (EDR) delivered so far?
Over the past 5 years revenue at eDreams Odigeo SA grew +44.2 % a year. The price currently implies free-cash-flow growth of -0.9 % 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 eDreams Odigeo SA (EDR) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into eDreams Odigeo SA (-0.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of eDreams Odigeo SA (EDR)?
The free-cash-flow yield on the price is 19.63 %: that much free cash flow eDreams Odigeo SA produces per unit of market value. When it exceeds the discount rate of our models (13.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of eDreams Odigeo SA (EDR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For eDreams Odigeo SA it is €11.55 per share (as of Nov 5, 2026), against a price of €5.18. It is the blended result of 22 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is eDreams Odigeo SA stock overvalued or undervalued in 2026?
As of Nov 5, 2026, EDR trades below its calculated fair value: price €5.18, fair value €11.55, a gap of about +123% (undervalued). 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 EDR?
No. The price is what the market pays today (€5.18); the fair value is what the company's own numbers justify (€11.55). For eDreams Odigeo SA the two are €6.37 per share apart. That gap is exactly why we show both numbers side by side.
How much is eDreams Odigeo SA worth?
The market values eDreams Odigeo SA at about €573M (market capitalisation, as of Nov 5, 2026). Per share that is €5.18; our models calculate a fair value of €11.55 per share.
What do the bullish and bearish scenarios say about EDR?
Our models span a range for eDreams Odigeo SA: cautious scenario €7.24, base €11.55, optimistic €14.43 per share (as of Nov 5, 2026, price €5.18). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EDR?
eDreams Odigeo SA trades at a price-to-earnings ratio of 15.2 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €11.55 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2017 to 2026), reported earnings: 24.4. Other multiples: P/B 2.3, P/S 0.9, EV/EBITDA 10.8.
How solid is the balance sheet of eDreams Odigeo SA (EDR)?
Balance-sheet figures for eDreams Odigeo SA (as of Nov 5, 2026): return on equity 15.5%, debt of 1.49 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is EDR from its 52-week high?
eDreams Odigeo SA trades at €5.18, about 29% below its 52-week high of €7.33 and 89% above the low of €2.74 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €11.55 is for.
Which stocks are comparable to eDreams Odigeo SA?
From the same area (Consumer Cyclical) we also value Booking Holdings, Airbnb, Inc, Royal Caribbean Cruises Ltd, Viking Holdings, 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 eDreams Odigeo SA stock attractive at the current price?
The data as of Nov 5, 2026: price €5.18, calculated fair value €11.55 (+123%), Quality Score 59/100, from 22 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 EDR calculated?
We run eDreams Odigeo SA through 22 models from 6 families: DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €11.55 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. eDreams Odigeo SA currently trades 55% below its own fair value, and the market average says nothing about that. 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 eDreams Odigeo SA (EDR)?
The closing price on Nov 6, 2026 was €5.18. Our model-based fair value is €11.55, about +123% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with eDreams Odigeo SA right now?
The price is below even our cautious bear case (€7.24). The market is more pessimistic than our downside scenario. Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (€7.24 to €14.43) leaves room in how you read the outcome.
Where does the earnings growth of eDreams Odigeo SA (EDR) come from?
Earnings per share at eDreams Odigeo SA grew +15.6 % a year from 2016 to 2026. Broken into its drivers: revenue per share +2.4 %, EBIT margin −3.7 %, tax rate +6.1 %, residual (interest, one-offs) +10.5 %. 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 eDreams Odigeo SA
How large is the market capitalisation of eDreams Odigeo SA (EDR)?
The market capitalisation of eDreams Odigeo SA is €573M. 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 eDreams Odigeo SA (EDR)?
The price-to-sales ratio of eDreams Odigeo SA is 0.87 (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 eDreams Odigeo SA (EDR)?
Earnings per share at eDreams Odigeo SA are €0.3400 (price ÷ EPS = P/E 15.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of eDreams Odigeo SA (EDR)?
The net margin of eDreams Odigeo SA is 5.9% (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 eDreams Odigeo SA (EDR)?
The return on equity (ROE) of eDreams Odigeo SA is 15.5% (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 eDreams Odigeo SA (EDR)?
On an EBIT basis the return on assets of eDreams Odigeo SA is 2.9% (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 eDreams Odigeo SA (EDR)?
The operating margin of eDreams Odigeo SA is 6.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at eDreams Odigeo SA (EDR)?
Revenue at eDreams Odigeo SA is growing −4.1% versus a year earlier (3y avg +4.4%). 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 eDreams Odigeo SA (EDR)?
Earnings per share at eDreams Odigeo SA are growing −98.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does eDreams Odigeo SA (EDR) carry?
The net debt of eDreams Odigeo SA is €300M (fiscal year 2026, ≈ 2.7 yrs of FCF). 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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Some data
Nov 5, 2026