Ercros S.A. (0M0E) fair value: what the stock is really worth
As of Sep 11, 2026: fair value of Ercros S.A. €2.11, price €3.49, upside -39.5%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range €2.23 – €4.48 · fair‑value band €1.58 – €2.11 · the €3.49 price screens above the €2.11 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Ercros, S.A., together with its subsidiaries, manufactures and sells chemical and pharmaceutical products in Spain and internationally. It operates through three segments: Chlorine Derivatives, Intermediate Chemicals, and Pharmaceuticals.
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Ercros, S.A., together with its subsidiaries, manufactures and sells chemical and pharmaceutical products in Spain and internationally. It operates through three segments: Chlorine Derivatives, Intermediate Chemicals, and Pharmaceuticals. The company offers ammonia, caustic soda and potash, chlorine chloroisocyanurates, dichloroethane, ercrosbio, hydrochloric acid, hydrogen peroxide, polyvinyl chloride, potassium carbonate, PVC compounds, sodium chlorate, sodium chlorite, sodium hypochlorite, sulfuric acid, and vinyl chloride. It also provides dipentaerythritol, ercrosgreen + resins, formaldehyde, methanol, moulding compounds, paraformaldehyde, pentaerythritol, and sodium formate. In addition, the company offers generic active pharmaceutical ingredients, including amlodipine besylate, azithromycin, clarithromycin, erythromycin, famotidine, fosfomycin, and fusidic acid, as well as customized production of antibiotics, anti-hypertensives, and anti-ulcer drugs. It exports its products. The company was formerly known as S.A. Cros and changed its name to Ercros, S.A. in June 1989. Ercros, S.A. was founded in 1817 and is headquartered in Barcelona, Spain.
Stock analysis
Ercros S.A. (0M0E) currently trades at €3.49, while our model-based Fair Value estimate is €2.11, 39.5% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €6.08 per share, and 10 of the 23 models we run sit above the €3.49 price.
Bear case: the Dividend Discount group reads lowest at €0.7800, and 13 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: €1.58 (bear) to €2.11 (bull), the price of €3.49 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 56/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Ercros S.A. reported revenue of €569M in FY2020 versus €603M in FY2016, a compound −1.4%/yr. Reported net income was €6.3M in FY2020, compounding −39.0%/yr from FY2016.
Key figures
Market cap €306M · P/S ratio 0.51 · Dividend yield 2.7% · Net margin 1.1% · Return on equity −18.3% · Return on assets (EBIT) 5.7% · Operating margin −9.4% · Revenue (TTM) €600M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 53% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −39% fair-value upside, at −40%, 0M0E screens richer than that median.
Fair Value models
Bear €1.58Fair Value €2.11Bull €2.11
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.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.Evidence ⓘEvidence = 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.38/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−15.1%
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.
−6.1%
’16
’17
’18
’19
’20
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.
8.4% (2016) → 2.6% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
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 · 696 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−39.5% · Below median
Profitability
Return on assets−4.5% · Bottom 25%
Net margin (TTM)−9.2% · Bottom 25%
Operating margin (TTM)−9.4% · Bottom 25%
Growth and dividend
Revenue growth−15.9% · Bottom 25%
Dividend yield (TTM)2.7% · Above median
Balance sheet
Debt / equity0.33× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/B1.21× · Cheaper than median
P/S (TTM)0.57× · 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 25
HEALTH (low debt)84· sector 95
DIVIDEND (yield)54· sector 29
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). "Ercros S.A. Fair Value". https://www.fairvalue-calculator.com/stock/0M0E
Frequently asked questions
Is Ercros S.A. (0M0E) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of €2.11 versus the last price from Sep 11, 2026 of €3.49, about −40% upside (overvalued).
What is the fair value of 0M0E?
Our model-based fair value for Ercros S.A. is €2.11 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Sep 11, 2026): €3.49.
What is the quality score of 0M0E?
Ercros S.A. has a Quality Score of 56/100. 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 Ercros S.A. (0M0E)?
Our model-based price target is the fair value of €2.11 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario €1.58, optimistic scenario €2.11. It is a calculation from audited fundamentals, not an analyst target.
What is the Ercros S.A. stock forecast for 2026?
Our models put fair value at €2.11, about −40% upside versus the last price from Sep 11, 2026 of €3.49 (overvalued). Cautious scenario €1.58, optimistic scenario €2.11. The calculation is refreshed regularly with new filings.
What is the revenue of Ercros S.A. (0M0E)?
Ercros S.A. reported trailing-twelve-month revenue of about €600M (latest available figure, as of Sep 24, 2026).
Does Ercros S.A. pay a dividend?
Ercros S.A. currently shows a dividend yield of about 2.68% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Ercros S.A. (0M0E)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ercros S.A. it is €2.11 per share (as of Sep 24, 2026), against a price of €3.49. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Ercros S.A. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0M0E trades above its calculated fair value: price €3.49, fair value €2.11, a gap of about −40% (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 0M0E?
No. The price is what the market pays today (€3.49); the fair value is what the company's own numbers justify (€2.11). For Ercros S.A. the two are €1.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ercros S.A. worth?
The market values Ercros S.A. at about €306M (market capitalisation, as of Sep 24, 2026). Per share that is €3.49; our models calculate a fair value of €2.11 per share.
What do the bullish and bearish scenarios say about 0M0E?
Our models span a range for Ercros S.A.: cautious scenario €1.58, base €2.11, optimistic €2.11 per share (as of Sep 24, 2026, price €3.49). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ercros S.A. (0M0E)?
Balance-sheet figures for Ercros S.A. (as of Sep 24, 2026): return on equity −18.3%, debt of 0.33 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 0M0E from its 52-week high?
Ercros S.A. trades at €3.49, at its 52-week high of €3.50 and 53% above the low of €2.28 (as of Sep 11, 2026). Distance from the high says nothing about value: that is what the fair value of €2.11 is for.
Which stocks are comparable to Ercros S.A.?
From the same area (Industrials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, 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 Ercros S.A. stock attractive at the current price?
The data as of Sep 24, 2026: price €3.49, calculated fair value €2.11 (−40%), Quality Score 56/100, from 23 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 0M0E calculated?
We run Ercros S.A. through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €2.11, 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 14.5 % above its aggregate fair value. Ercros S.A. 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 Ercros S.A. (0M0E)?
The latest price we hold is from Sep 11, 2026 and stands at €3.49. Our model-based fair value is €2.11, about −40% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ercros S.A. right now?
The price sits above even our optimistic bull case (€2.11). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Ercros S.A.
How large is the market capitalisation of Ercros S.A. (0M0E)?
The market capitalisation of Ercros S.A. is €306M. 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 Ercros S.A. (0M0E)?
The price-to-sales ratio of Ercros S.A. is 0.51 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Ercros S.A. (0M0E)?
The dividend yield of Ercros S.A. is 2.7%. 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 Ercros S.A. (0M0E)?
The net margin of Ercros S.A. is 1.1% (fiscal year 2020). 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 Ercros S.A. (0M0E)?
The return on equity (ROE) of Ercros S.A. is −18.3% (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 Ercros S.A. (0M0E)?
On an EBIT basis the return on assets of Ercros S.A. is 5.7% (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 Ercros S.A. (0M0E)?
The operating margin of Ercros S.A. is −9.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ercros S.A. (0M0E)?
Revenue at Ercros S.A. is growing −15.9% versus a year earlier (3y avg −6.1%). 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 Ercros S.A. (0M0E)?
Earnings per share at Ercros S.A. are growing −19.6% versus a year earlier. How much earnings per share grew versus a year earlier.
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