Sonaecom SGPS (SNC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sonaecom SGPS stock €1.40, price €2.90, that is 51.7% below the price, quality 65 out of 100. Rating: strongly overvalued. Calculated from audited financials with 18 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 €1.25 – €3.17 · fair‑value band €1.15 – €1.58 · the €2.90 price screens above the €1.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Follow Sonaecom SGPS in your weekly email
Every Wednesday you see whether Sonaecom SGPS 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.
Sonaecom, SGPS, S.A., together with its subsidiaries, operates in technology, media, and telecommunications areas worldwide. The company provides consultancy services in the area of information systems; and sells licensed software.
Show moreShow less
It also engages in the editing, composition, and publication of periodical and non-periodical materials, as well as exploration of radio and TV stations and studios; consulting business, advisory in retail segments, industry and services.
In addition, the company is involved in the development, installation, implementation, training, and maintenance of systems and software products; rental of equipment; consulting business; industries and trade of electronic equipment and software.
Further, it invests in and manages venture capital and venture capital funds. The company was incorporated in 1988 and is headquartered in Cidade da Maia, Portugal. Sonaecom, SGPS, S.A. operates as a subsidiary of Sontel B.V.
Stock analysis
Sonaecom SGPS (SNC) currently trades at €2.90, while our model-based Fair Value estimate is €1.40, 52% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of €3.09 per share, and 3 of the 18 models we run sit above the €2.90 price.
Bear case: the Dividend Discount group reads lowest at €0.2450, and 15 of the 18 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €1.15 (bear) to €1.58 (bull), the price of €2.90 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 65/100 (solid quality), in the Communication Services sector.
Mixed Growth: Spin-off in 2022: revenue and profit before it include the divested business. Growth is measured afresh from 2022.
Sonaecom SGPS reported revenue of €17.1M in FY2025 versus €76.5M in FY2021, a compound −31.3%/yr. Reported net income was €51.6M in FY2025, compounding −19.1%/yr from FY2021.
Key figures
Market cap €887M Small · P/E ratio 10.4 · P/S ratio 31.3 · EPS (TTM) €0.2800 · Dividend yield 2.9% · Return on equity 5.0% · Return on assets (EBIT) −0.9% (5-year average) · Operating margin −99.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (medium confidence).
What moves the price
The share trades about 3% below its 52-week high and 7% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −7% fair-value upside, at −52%, SNC screens richer than that median.
Fair Value models
Bear€1.15Fair Value €1.40Bull€1.58
Price €2.90 · Downside -51.7%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.1689 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.55/100
Spin-off in 2022: revenue and profit before it include the divested business. Growth is measured afresh from 2022.
Revenue growth 1 year
−6.3%
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.
−1.5%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−0.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.0%
Dividend (yield on the price)2.9%
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.−11% → −79%
⚠ Revenue per share shrinking 28.8%/yr over ~6Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
+45.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +42.1% a year for the price.
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.Publishing · 98 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score65 · Above median
Fair Value upside−51.7% · Bottom 25%
Profitability
Return on equity (12 months)5.0% · Below median
Return on assets3.7% · Below median
Operating margin (12 months)−99.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−6.9% · Below median
Dividend yield (12 months)2.9% · Below median
Valuation Multiplesvs Publishing 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). "Sonaecom SGPS Fair Value". https://www.fairvalue-calculator.com/stock/SNC
Frequently asked questions
Is Sonaecom SGPS (SNC) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of €1.40 versus a price of €2.90, about 52% lower (overvalued).
What is the fair value of SNC?
Our model-based fair value for Sonaecom SGPS is €1.40 (as of Nov 6, 2026), built from audited fundamentals. The current price: €2.90.
What is the quality score of SNC?
Sonaecom SGPS has a Quality Score of 65/100. 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 Sonaecom SGPS (SNC)?
Our model-based price target is the fair value of €1.40 (as of Nov 6, 2026) from 18 valuation models. Cautious scenario €1.15, optimistic scenario €1.58. It is a calculation from audited fundamentals, not an analyst target.
What is the Sonaecom SGPS stock forecast for 2026?
Our models put fair value at €1.40, about 52% lower versus a price of €2.90 (overvalued). Cautious scenario €1.15, optimistic scenario €1.58. The calculation is refreshed regularly with new filings.
What is the revenue of Sonaecom SGPS (SNC)?
Sonaecom SGPS reported trailing-twelve-month revenue of about €19.0M (latest available figure, as of Nov 6, 2026).
Does Sonaecom SGPS pay a dividend?
Sonaecom SGPS currently shows a dividend yield of 2.86% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Sonaecom SGPS (SNC) and when is the ex-dividend date?
Sonaecom SGPS pays a dividend of €0.083 per share a year, a dividend yield of 2.9%. The last ex-dividend date was May 12, 2026. A dividend has been paid every year since 2015. The payout ratio is 29.6% of earnings. Free cash flow covers the dividend 0.27 times. 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 growth is priced into Sonaecom SGPS (SNC)?
For today's price to be fair in a discounted-cash-flow model, Sonaecom SGPS would have to grow free cash flow by +45.2 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -33.3 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of SNC use?
Our models discount Sonaecom SGPS at 11.1 %: a base by market capitalisation (small), damped by beta 0.06, country premium for Portugal. 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 Sonaecom SGPS that is +45.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Sonaecom SGPS (SNC) delivered so far?
Over the past 5 years revenue at Sonaecom SGPS grew -33.3 % a year. The price currently implies free-cash-flow growth of +45.2 % 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 Sonaecom SGPS (SNC) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Sonaecom SGPS (+45.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sonaecom SGPS (SNC)?
The free-cash-flow yield on the price is 0.77 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Sonaecom SGPS produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sonaecom SGPS (SNC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sonaecom SGPS it is €1.40 per share (as of Nov 6, 2026), against a price of €2.90. It is the blended result of 18 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Sonaecom SGPS stock overvalued or undervalued in 2026?
As of Nov 6, 2026, SNC trades above its calculated fair value: price €2.90, fair value €1.40, a gap of about −52% (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 SNC?
No. The price is what the market pays today (€2.90); the fair value is what the company's own numbers justify (€1.40). For Sonaecom SGPS the two are €1.50 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sonaecom SGPS worth?
The market values Sonaecom SGPS at about €887M (market capitalisation, as of Nov 6, 2026). Per share that is €2.90; our models calculate a fair value of €1.40 per share.
What do the bullish and bearish scenarios say about SNC?
Our models span a range for Sonaecom SGPS: cautious scenario €1.15, base €1.40, optimistic €1.58 per share (as of Nov 6, 2026, price €2.90). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SNC?
Sonaecom SGPS trades at a price-to-earnings ratio of 10.4 (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 €1.40 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 11.8. Other multiples: PEG 9.1, P/B 0.7, P/S 46.6.
What is the PEG ratio of SNC?
The PEG ratio of Sonaecom SGPS is 9.08 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Sonaecom SGPS (SNC)?
Balance-sheet figures for Sonaecom SGPS (as of Nov 6, 2026): return on equity 5.0%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is SNC from its 52-week high?
Sonaecom SGPS trades at €2.90, about 3% below its 52-week high of €2.98 and 7% above the low of €2.72 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €1.40 is for.
Which stocks are comparable to Sonaecom SGPS?
From the same area (Communication Services) we also value The New York Times Company, Xinhua Winshare Publishing and Media Co, Jiangsu Phoenix Publishing & Media Corporation, China Science Publishing & Media Ltd, 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 Sonaecom SGPS stock attractive at the current price?
The data as of Nov 6, 2026: price €2.90, calculated fair value €1.40 (−52%), Quality Score 65/100, from 18 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 SNC calculated?
We run Sonaecom SGPS through 18 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 €1.40 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. Sonaecom SGPS 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 Sonaecom SGPS (SNC)?
The closing price on Nov 6, 2026 was €2.90. Our model-based fair value is €1.40, about 52% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sonaecom SGPS right now?
The price sits above even our optimistic bull case (€1.58). The favourable scenario is already priced in. Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Sonaecom SGPS
How large is the market capitalisation of Sonaecom SGPS (SNC)?
The market capitalisation of Sonaecom SGPS is €887M. 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 Sonaecom SGPS (SNC)?
The price-to-sales ratio of Sonaecom SGPS is 31.3 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sonaecom SGPS (SNC)?
Earnings per share at Sonaecom SGPS are €0.2800 (price ÷ EPS = P/E 10.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sonaecom SGPS (SNC)?
The dividend yield of Sonaecom SGPS is 2.9% (payout 29.6%). 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 return on equity of Sonaecom SGPS (SNC)?
The return on equity (ROE) of Sonaecom SGPS is 5.0% (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 Sonaecom SGPS (SNC)?
On an EBIT basis the return on assets of Sonaecom SGPS is −0.9% (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 Sonaecom SGPS (SNC)?
The operating margin of Sonaecom SGPS is −99.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sonaecom SGPS (SNC)?
Revenue at Sonaecom SGPS is growing −6.9% versus a year earlier (3y avg −1.5%). 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 Sonaecom SGPS (SNC)?
Earnings per share at Sonaecom SGPS are growing +109% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Sonaecom SGPS in the live analysis
One click puts Sonaecom SGPS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 6, 2026