Fiducial Real Estate SA (ORIA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Fiducial Real Estate SA stock €133, price €158, that is 15.9% below the price, quality 63 out of 100. Rating: overvalued. Calculated from audited financials with 9 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 €155.00 – €179.71 · fair‑value band €132.92 – €177.00 · the €158.00 price screens above the €132.92 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Fiducial Real Estate SA operates and manages real estate properties in France. The company is also involved in the rental of investment properties. Its property portfolio includes office, business, and residential buildings.
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The company was incorporated in 1955 and is headquartered in Courbevoie, France.
Stock analysis
Fiducial Real Estate SA (ORIA) currently trades at €158.00, while our model-based Fair Value estimate is €132.92, 16% 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 €190.87 per share, and 4 of the 9 models we run sit above the €158.00 price.
Bear case: the Dividend Discount group reads lowest at €36.12, and 5 of the 9 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €132.92 (bear) to €177.00 (bull), the price of €158.00 sits inside 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 63/100 (solid quality), in the Real Estate sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Fiducial Real Estate SA reported revenue of €87.1M in FY2025 versus €80.4M in FY2021, a compound +2.0%/yr. Reported net income was €23.4M in FY2025, compounding −5.9%/yr from FY2021.
Key figures
Market cap €381M Small · P/E ratio 13.9 · P/S ratio 4.27 · EPS (TTM) €11.37 · Dividend yield 2.4% · Net margin 26.1% · Return on equity 5.2% · Return on assets (EBIT) 5.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at −16%, ORIA screens cheaper than that median.
Fair Value models
Bear€132.92Fair Value €132.92Bull€177.00
Price €158.00 · Downside -15.9%
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 12 months old). Earnings retained since then (€7.57 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.33/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
+0.7%
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.
+1.0%
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.
+1.4%
Start year 2020 (pandemic). Over 10 years: +2.7% 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.
+5.5%
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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.
−2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.8%
Dividend (yield on the price)2.4%
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.−4.8% vs 0.7%, slowing
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.43% → 45%
Compare Fiducial Real Estate SA with another stock
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.Real Estate Services · 472 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Above median
Fair Value upside−15.9% · Below median
Profitability
Return on equity (12 months)5.2% · Above median
Return on assets3.1% · Above median
Net margin (12 months)26.1% · Above median
Operating margin (12 months)43.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)5.4% · Above median
Dividend yield (12 months)2.4% · Below median
Balance sheet
Debt / equity0.28× · Below median
Valuation Multiplesvs Real Estate Services 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). "Fiducial Real Estate SA Fair Value". https://www.fairvalue-calculator.com/stock/ORIA
Frequently asked questions
Is Fiducial Real Estate SA (ORIA) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of €132.92 versus a price of €158.00, about 16% lower (overvalued).
What is the fair value of ORIA?
Our model-based fair value for Fiducial Real Estate SA is €132.92 (as of Nov 5, 2026), built from audited fundamentals. The current price: €158.00.
What is the quality score of ORIA?
Fiducial Real Estate SA has a Quality Score of 63/100. 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 Fiducial Real Estate SA (ORIA)?
Our model-based price target is the fair value of €132.92 (as of Nov 5, 2026) from 9 valuation models. Cautious scenario €132.92, optimistic scenario €177.00. It is a calculation from audited fundamentals, not an analyst target.
What is the Fiducial Real Estate SA stock forecast for 2026?
Our models put fair value at €132.92, about 16% lower versus a price of €158.00 (overvalued). Cautious scenario €132.92, optimistic scenario €177.00. The calculation is refreshed regularly with new filings.
What is the revenue of Fiducial Real Estate SA (ORIA)?
Fiducial Real Estate SA reported trailing-twelve-month revenue of about €89.4M (latest available figure, as of Nov 5, 2026).
Does Fiducial Real Estate SA pay a dividend?
Fiducial Real Estate SA currently shows a dividend yield of 2.41% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Fiducial Real Estate SA (ORIA) and when is the ex-dividend date?
Fiducial Real Estate SA pays a dividend of €3.80 per share a year, a dividend yield of 2.4%. The last ex-dividend date was May 11, 2026. A dividend has been paid every year since 2022. The payout ratio is 33.4% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Fiducial Real Estate SA (ORIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Fiducial Real Estate SA it is €132.92 per share (as of Nov 5, 2026), against a price of €158.00. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Fiducial Real Estate SA stock overvalued or undervalued in 2026?
As of Nov 5, 2026, ORIA trades above its calculated fair value: price €158.00, fair value €132.92, a gap of about −16% (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 ORIA?
No. The price is what the market pays today (€158.00); the fair value is what the company's own numbers justify (€132.92). For Fiducial Real Estate SA the two are €25.08 per share apart. That gap is exactly why we show both numbers side by side.
How much is Fiducial Real Estate SA worth?
The market values Fiducial Real Estate SA at about €381M (market capitalisation, as of Nov 5, 2026). Per share that is €158.00; our models calculate a fair value of €132.92 per share.
What do the bullish and bearish scenarios say about ORIA?
Our models span a range for Fiducial Real Estate SA: cautious scenario €132.92, base €132.92, optimistic €177.00 per share (as of Nov 5, 2026, price €158.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ORIA?
Fiducial Real Estate SA trades at a price-to-earnings ratio of 13.9 (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 €132.92 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 15.0. Other multiples: P/B 0.8, P/S 4.3, EV/EBITDA 9.5.
How solid is the balance sheet of Fiducial Real Estate SA (ORIA)?
Balance-sheet figures for Fiducial Real Estate SA (as of Nov 5, 2026): return on equity 5.2%, debt of 0.28 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is ORIA from its 52-week high?
Fiducial Real Estate SA trades at €158.00, about 10% below its 52-week high of €175.00 and 2% above the low of €155.00 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €132.92 is for.
Which stocks are comparable to Fiducial Real Estate SA?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, 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 Fiducial Real Estate SA stock attractive at the current price?
The data as of Nov 5, 2026: price €158.00, calculated fair value €132.92 (−16%), Quality Score 63/100, from 9 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 ORIA calculated?
We run Fiducial Real Estate SA through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of €132.92 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. Fiducial Real Estate 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 Fiducial Real Estate SA (ORIA)?
The closing price on Nov 6, 2026 was €158.00. Our model-based fair value is €132.92, about 16% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Fiducial Real Estate SA right now?
Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Fiducial Real Estate SA (ORIA) come from?
Earnings per share at Fiducial Real Estate SA grew +3.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.9 %, EBIT margin +1.4 %, tax rate −1.3 %, residual (interest, one-offs) +0.7 %. 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 Fiducial Real Estate SA
How large is the market capitalisation of Fiducial Real Estate SA (ORIA)?
The market capitalisation of Fiducial Real Estate SA is €381M. 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 Fiducial Real Estate SA (ORIA)?
The price-to-sales ratio of Fiducial Real Estate SA is 4.27 (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 Fiducial Real Estate SA (ORIA)?
Earnings per share at Fiducial Real Estate SA are €11.37 (price ÷ EPS = P/E 13.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Fiducial Real Estate SA (ORIA)?
The dividend yield of Fiducial Real Estate SA is 2.4% (payout 33.4%). 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 Fiducial Real Estate SA (ORIA)?
The net margin of Fiducial Real Estate SA is 26.1% (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 Fiducial Real Estate SA (ORIA)?
The return on equity (ROE) of Fiducial Real Estate SA is 5.2% (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 Fiducial Real Estate SA (ORIA)?
On an EBIT basis the return on assets of Fiducial Real Estate SA is 5.3% (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 Fiducial Real Estate SA (ORIA)?
The operating margin of Fiducial Real Estate SA is 43.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Fiducial Real Estate SA (ORIA)?
Revenue at Fiducial Real Estate SA is growing +5.4% versus a year earlier (3y avg +1.0%). 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 Fiducial Real Estate SA (ORIA)?
Earnings per share at Fiducial Real Estate SA are growing −1.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Fiducial Real Estate SA (ORIA) generate?
The free cash flow of Fiducial Real Estate SA is −€19.0M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Fiducial Real Estate SA (ORIA) carry?
The net debt of Fiducial Real Estate SA is €185M (fiscal year 2025). 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