EPC Groupe (EXPL) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of EPC Groupe stock €193, price €290, that is 33.6% below the price, quality 57 out of 100. Rating: overvalued. Calculated from audited financials with 25 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 6, 2026.
How to read this chart
60‑month range €50.70 – €301.00 · fair‑value band €126.81 – €250.47 · the €290.00 price screens above the €192.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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EPC Groupe engages in the manufacture, storage, and distribution of explosives in Europe, Africa, Asia Pacific, and the Americas.
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The company also provides drilling and mining services; logistics services; and demolition services, including mechanical demolition, deconstruction and blasting of buildings, waste management, and asbestos removal.
In addition, it engages in underground, tunnels and infrastructure works; and training services. It serves customers operating in the mining, cement, aggregates, civil engineering, and defense industries. EPC Groupe was founded in 1893 and is headquartered in Paris, France.
EPC Groupe operates as a subsidiary of Ste E.J. Barbier.
Stock analysis
EPC Groupe (EXPL) currently trades at €290.00, while our model-based Fair Value estimate is €192.67, 34% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of €205.35 per share, and 0 of the 25 models we run sit above the €290.00 price.
Bear case: the Dividend Discount group reads lowest at €20.05, and 25 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: €126.81 (bear) to €250.47 (bull), the price of €290.00 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 57/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
EPC Groupe reported revenue of €539M in FY2025 versus €378M in FY2021, a compound +9.3%/yr. Reported net income was €28.5M in FY2025, compounding +48.5%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap €618M Small · P/E ratio 21.3 · P/S ratio 1.06 · EPS (TTM) €13.59 · Dividend yield 1.0% · Net margin 5.0% · Return on equity 16.9% · Return on assets (EBIT) 5.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 44% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −34%, EXPL screens cheaper than that median.
Fair Value models
Bear€126.81Fair Value €192.67Bull€250.47
Price €290.00 · Downside -33.6%
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 (€9.05 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.69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+10.0%
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.
+4.9%
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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.
+34.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+33.2%
Dividend (yield on the price)1.0%
Per share before 2021divided by the spin-off factor 1.0154
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.33.2% vs 15.6%, 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.1% → 6%
Pace: the 5-year rate starts in 2020 (pandemic)
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).
+16.7%
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 +14.2% a year for the price.
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.Specialty Chemicals · 727 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−33.6% · Below median
Profitability
Return on equity (12 months)16.9% · Top 25%
Return on assets5.6% · Above median
Net margin (12 months)5.0% · Below median
Operating margin (12 months)7.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)14.3% · Above median
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.34× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)21.3× · Pricier than median
P/B3.29× · Priciest 25%
P/S (12 months)1.06× · Cheaper than median
Price / free cash flow (fiscal year)24.9× · Pricier than median
EV/EBITDA11.1× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)72· sector 67
PAST (return on equity)68· sector 26
HEALTH (low debt)83· sector 95
DIVIDEND (yield)21· sector 30
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). "EPC Groupe Fair Value". https://www.fairvalue-calculator.com/stock/EXPL
Frequently asked questions
Is EPC Groupe (EXPL) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of €192.67 versus a price of €290.00, about 34% lower (overvalued).
What is the fair value of EXPL?
Our model-based fair value for EPC Groupe is €192.67 (as of Nov 6, 2026), built from audited fundamentals. The current price: €290.00.
What is the quality score of EXPL?
EPC Groupe has a Quality Score of 57/100. 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 EPC Groupe (EXPL)?
Our model-based price target is the fair value of €192.67 (as of Nov 6, 2026) from 25 valuation models. Cautious scenario €126.81, optimistic scenario €250.47. It is a calculation from audited fundamentals, not an analyst target.
What is the EPC Groupe stock forecast for 2026?
Our models put fair value at €192.67, about 34% lower versus a price of €290.00 (overvalued). Cautious scenario €126.81, optimistic scenario €250.47. The calculation is refreshed regularly with new filings.
What is the revenue of EPC Groupe (EXPL)?
EPC Groupe reported trailing-twelve-month revenue of about €582M (latest available figure, as of Nov 6, 2026).
Does EPC Groupe pay a dividend?
EPC Groupe currently shows a dividend yield of 1.03% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of EPC Groupe (EXPL) and when is the ex-dividend date?
EPC Groupe pays a dividend of €3.00 per share a year, a dividend yield of 1.0%. The last ex-dividend date was Jul 14, 2026. The payout ratio is 22.1% of earnings. Free cash flow covers the dividend 3.87 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into EPC Groupe (EXPL)?
For today's price to be fair in a discounted-cash-flow model, EPC Groupe would have to grow free cash flow by +16.7 % 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 +9.8 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of EXPL use?
Our models discount EPC Groupe at 10.3 %: a base by market capitalisation (small), damped by beta 0.51, 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 EPC Groupe that is +16.7 % 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 EPC Groupe (EXPL) delivered so far?
Over the past 5 years revenue at EPC Groupe grew +9.8 % a year. The price currently implies free-cash-flow growth of +16.7 % 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 EPC Groupe (EXPL) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into EPC Groupe (+16.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of EPC Groupe (EXPL)?
The free-cash-flow yield on the price is 4.01 %: that much free cash flow EPC Groupe 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 EPC Groupe (EXPL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For EPC Groupe it is €192.67 per share (as of Nov 6, 2026), against a price of €290.00. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is EPC Groupe stock overvalued or undervalued in 2026?
As of Nov 6, 2026, EXPL trades above its calculated fair value: price €290.00, fair value €192.67, a gap of about −34% (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 EXPL?
No. The price is what the market pays today (€290.00); the fair value is what the company's own numbers justify (€192.67). For EPC Groupe the two are €97.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is EPC Groupe worth?
The market values EPC Groupe at about €618M (market capitalisation, as of Nov 6, 2026). Per share that is €290.00; our models calculate a fair value of €192.67 per share.
What do the bullish and bearish scenarios say about EXPL?
Our models span a range for EPC Groupe: cautious scenario €126.81, base €192.67, optimistic €250.47 per share (as of Nov 6, 2026, price €290.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EXPL?
EPC Groupe trades at a price-to-earnings ratio of 21.3 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €192.67 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings, FY2025 ex one-offs: 16.2. Other multiples: P/B 3.3, P/S 1.1, EV/EBITDA 11.1.
How solid is the balance sheet of EPC Groupe (EXPL)?
Balance-sheet figures for EPC Groupe (as of Nov 6, 2026): return on equity 16.9%, debt of 0.34 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is EXPL from its 52-week high?
EPC Groupe trades at €290.00, about 4% below its 52-week high of €301.00 and 44% above the low of €201.77 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €192.67 is for.
Which stocks are comparable to EPC Groupe?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, 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 EPC Groupe stock attractive at the current price?
The data as of Nov 6, 2026: price €290.00, calculated fair value €192.67 (−34%), Quality Score 57/100, from 25 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 EXPL calculated?
We run EPC Groupe through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €192.67 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. EPC Groupe 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 EPC Groupe (EXPL)?
The closing price on Nov 6, 2026 was €290.00. Our model-based fair value is €192.67, about 34% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with EPC Groupe right now?
The price sits above even our optimistic bull case (€250.47). The favourable scenario is already priced in. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€126.81 to €250.47) leaves room in how you read the outcome.
Where does the earnings growth of EPC Groupe (EXPL) come from?
Earnings per share at EPC Groupe grew +15.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.8 %, EBIT margin +7.4 %, tax rate +2.7 %, residual (interest, one-offs) +0.6 %. 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 EPC Groupe
How large is the market capitalisation of EPC Groupe (EXPL)?
The market capitalisation of EPC Groupe is €618M. 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 EPC Groupe (EXPL)?
The price-to-sales ratio of EPC Groupe is 1.06 (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 EPC Groupe (EXPL)?
Earnings per share at EPC Groupe are €13.59 (price ÷ EPS = P/E 21.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of EPC Groupe (EXPL)?
The dividend yield of EPC Groupe is 1.0% (payout 22.1%). 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 EPC Groupe (EXPL)?
The net margin of EPC Groupe is 5.0% (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 EPC Groupe (EXPL)?
The return on equity (ROE) of EPC Groupe is 16.9% (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 EPC Groupe (EXPL)?
On an EBIT basis the return on assets of EPC Groupe is 5.8% (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 EPC Groupe (EXPL)?
The operating margin of EPC Groupe is 7.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at EPC Groupe (EXPL)?
Revenue at EPC Groupe is growing +14.3% versus a year earlier (3y avg +4.9%). 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 EPC Groupe (EXPL)?
Earnings per share at EPC Groupe are growing +4.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does EPC Groupe (EXPL) carry?
The net debt of EPC Groupe is €77.1M (fiscal year 2025, ≈ 3.1 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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Broad data
Nov 6, 2026