White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
ATEME SA, together with its subsidiaries, engages in the production and sales of electronic and computer devices and instruments in Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific.
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ATEME SA, together with its subsidiaries, engages in the production and sales of electronic and computer devices and instruments in Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific. The company offers video processing solutions, such as TITAN Edge Bridge, a low latency 4k baseband converter; TITAN Recorder, a stream-delay solution; TITAN Edge Gateway; TITAN Edge Encoder, a low Latency 4K contribution encoder; TITAN edge Decoder; TITAN Live, software-based live video compression for the converged headend; TITAN File, a video transcoding software; TITAN Mux, a multi-function software stream processing solution; TITAN T-Rug Dec and TITAN T-Rug Enc, an encoder and decoder for harsh environments; KYRION DR5000, an ultra-low latency receiver decoder; and KYRION CM5000e, an ultra-low latency encoder. It also provides NEA-CDN, an OTT scale service solution; NEA-DVR; NEA-Live for immersive viewing experience; NEA CDN Leeching/piracy; NEA-Composer Dynamic Ad Insertion; NEA Composer Linear Origination; and NEA Genesis. In addition, the company offers PILOT Media, a cloud native media supply chain solution; PILOT Manager, a cloud native management system; PILOT Analytics, a business intelligence for media experiences; and provides SaaS video delivery. ATEME SA was incorporated in 1991 and is headquartered in Vélizy-Villacoublay, France.
ATEME SA (0QVW) currently trades at €12.95, while our model-based Fair Value estimate is €1.52, 88.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of €2.30 per share, and 0 of the 19 models we run sit above the €12.95 price.
Bear case: the Earnings-Based group reads lowest at €1.06, and 19 of the 19 models stay below the price. Evidence for this calculation is high.
Scenario range: €0.7400 (bear) to €2.33 (bull), the price of €12.95 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 52/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
ATEME SA reported revenue of €95.6M in FY2025 versus €78.8M in FY2021, a compound +4.9%/yr. Reported net income was €952K in FY2025, compounding −17.3%/yr from FY2021.
Key figures
Market cap €159M · P/E ratio 1.3 · P/S ratio 0.01 · EPS (TTM) €0.1000 · Net margin 1.0% · Return on equity 2.8% · Return on assets (EBIT) −4.9% · Operating margin 9.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 145% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −88%, 0QVW screens richer than that median.
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (€0.0756 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.
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.
Highest evidence
FCF DCF
€0.7000
€1.71
€3.15
76
Owner Earnings
€3.93
€6.81
€10.91
75
Growth DCF
€0.6700
€1.54
€2.70
75
All 20 models by family
DCF Models
FCF DCF
€0.7000
€1.71
€3.15
76
Owner Earnings
€3.93
€6.81
€10.91
75
5Y Revenue Exit
€0.0500
€0.5800
€1.24
65
5Y EBITDA Exit
€1.21
€2.94
€5.10
71
5Y P/E Exit
€0.7000
€1.90
€3.25
67
10Y Revenue Exit
€0.2900
€0.8300
€1.58
62
10Y EBITDA Exit
€0.9600
€2.30
€4.32
64
10Y P/E Exit
€0.6700
€1.65
€3.00
60
Earnings-Based
Graham-Dodd
€0.6200
€2.83
€3.89
64
Lynch FV
€0.7400
€1.06
€1.38
61
PEG = 1.0
€0.7400
€1.06
€1.38
57
Multiples
P/E Multiple
€1.92
€2.57
€3.21
63
P/S Multiple
€1.17
€1.56
€1.95
58
P/B Multiple
€1.17
€1.56
€1.95
55
EV/EBITDA
€1.84
€2.80
€3.75
66
EV/Revenue
n/a
n/a
€0.2000
50
Asset-Based
NCAV (Graham)
€1.71
€2.30
€3.43
54
Growth DCF
Growth DCF
€0.6700
€1.54
€2.70
75
Economic Profit
Residual Income
€2.21
€2.04
€1.98
71
Growth Earnings
Growth-Adj P/E
€1.42
€2.03
€2.63
67
Open the full fair value analysis →
Overall quality
52/100
Of which business quality 50
· Market factors (momentum, volatility) 77
Profitability
43
Margins and returns on capital today
Quality Growth
78
Are margins and returns improving?
Cashflow
35
Earnings quality: real cash, not paper profit
Fin. Strength
43
Balance sheet, leverage, solvency risk
Investment
94
Disciplined investing over empire-building
Low Volatility
50
Calm price path (market factor)
Momentum
84
Price trend over the last 3–12 months (market factor)
52W Momentum
95
Distance to the 52-week high (market factor)
Net Issuance
32
Share count: buybacks or dilution?
Open the full quality analysis →
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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Is ATEME SA (0QVW) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of €1.52 versus a price of €12.95, about −88% upside (overvalued).
What is the fair value of 0QVW?
Our model-based fair value for ATEME SA is €1.52 (as of Sep 24, 2026), built from audited fundamentals. The current price: €12.95.
What is the quality score of 0QVW?
ATEME SA has a Quality Score of 52/100. 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 ATEME SA (0QVW)?
Our model-based price target is the fair value of €1.52 (as of Sep 24, 2026) from 20 valuation models. Cautious scenario €0.7400, optimistic scenario €2.33. It is a calculation from audited fundamentals, not an analyst target.
What is the ATEME SA stock forecast for 2026?
Our models put fair value at €1.52, about −88% upside versus a price of €12.95 (overvalued). Cautious scenario €0.7400, optimistic scenario €2.33. The calculation is refreshed regularly with new filings.
What is the revenue of ATEME SA (0QVW)?
ATEME SA reported trailing-twelve-month revenue of about €95.6M (latest available figure, as of Sep 24, 2026).
What growth is priced into ATEME SA (0QVW)?
For today's price to be fair in a discounted-cash-flow model, ATEME SA would have to grow free cash flow by +71.1 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 0QVW use?
Our models discount ATEME SA at 13.3 %: a base by market capitalisation (micro), country premium for United Kingdom. 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 ATEME SA that is +71.1 % per year a year over ten years, using the same discount rate (13.3 %) and the same formula as our fair value.
How much growth has ATEME SA (0QVW) delivered so far?
Over the past 5 years revenue at ATEME SA grew +6.4 % a year. The price currently implies +71.1 % per year free-cash-flow growth a 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 ATEME SA (0QVW) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into ATEME SA (+71.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ATEME SA (0QVW)?
The free-cash-flow yield on the price is 0.48 %: that much free cash flow ATEME SA produces per unit of market value. When it exceeds the discount rate of our models (13.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of ATEME SA (0QVW)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ATEME SA it is €1.52 per share (as of Sep 24, 2026), against a price of €12.95. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is ATEME SA stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0QVW trades above its calculated fair value: price €12.95, fair value €1.52, a gap of about −88% (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 0QVW?
No. The price is what the market pays today (€12.95); the fair value is what the company's own numbers justify (€1.52). For ATEME SA the two are €11.43 per share apart. That gap is exactly why we show both numbers side by side.
How much is ATEME SA worth?
The market values ATEME SA at about €159M (market capitalisation, as of Sep 24, 2026). Per share that is €12.95; our models calculate a fair value of €1.52 per share.
What do the bullish and bearish scenarios say about 0QVW?
Our models span a range for ATEME SA: cautious scenario €0.7400, base €1.52, optimistic €2.33 per share (as of Sep 24, 2026, price €12.95). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 0QVW from its 52-week high?
ATEME SA trades at €12.95, about 7% below its 52-week high of €13.90 and 145% above the low of €5.28 (as of Sep 28, 2026). Distance from the high says nothing about value: that is what the fair value of €1.52 is for.
Which stocks are comparable to ATEME SA?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Eoptolink Technology 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 ATEME SA stock attractive at the current price?
The data as of Sep 24, 2026: price €12.95, calculated fair value €1.52 (−88%), Quality Score 52/100, from 20 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 0QVW calculated?
We run ATEME SA through 20 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 €1.52, 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. ATEME 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 ATEME SA (0QVW)?
The closing price on Sep 28, 2026 was €12.95. Our model-based fair value is €1.52, about −88% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ATEME SA right now?
The price sits above even our optimistic bull case (€2.33). The favourable scenario is already priced in. The model range is unusually wide (€0.7400 to €2.33). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of ATEME SA
How large is the market capitalisation of ATEME SA (0QVW)?
The market capitalisation of ATEME SA is €159M. 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/E ratio of ATEME SA (0QVW)?
The price-to-earnings ratio of ATEME SA is 1.3 (as of Jul 30, 2026). Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of ATEME SA (0QVW)?
The price-to-sales ratio of ATEME SA is 0.01 (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 ATEME SA (0QVW)?
Earnings per share at ATEME SA are €0.1000 (price ÷ EPS = P/E 1.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of ATEME SA (0QVW)?
The net margin of ATEME SA is 1.0% (fiscal year 2025). 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 ATEME SA (0QVW)?
The return on equity (ROE) of ATEME SA is 2.8% (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 ATEME SA (0QVW)?
On an EBIT basis the return on assets of ATEME SA is −4.9% (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 ATEME SA (0QVW)?
The operating margin of ATEME SA is 9.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ATEME SA (0QVW)?
Revenue at ATEME SA is growing +1.7% versus a year earlier (3y avg +1.8%). 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 ATEME SA (0QVW)?
Earnings per share at ATEME SA are growing +32.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does ATEME SA (0QVW) carry?
The net debt of ATEME SA is €25.8M (fiscal year 2025, ≈ 33.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.