ABC arbitrage SA (ABCA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ABC arbitrage SA stock €5.47, price €5.88, that is 7.0% below the price, quality 72 out of 100. Rating: fairly valued. Calculated from audited financials with 11 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 €3.09 – €6.07 · fair‑value band €3.77 – €6.84 · the €5.88 price screens above the €5.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets in Europe, North America, Asia, and internationally.
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It offers liquidity, statistical, risk, and derivatives arbitrage strategies; portfolio management services for financial instruments; and investment strategy advisory services for investors and professional clients. The company was incorporated in 1995 and is headquartered in Paris, France.
Stock analysis
ABC arbitrage SA (ABCA) currently trades at €5.88, while our model-based Fair Value estimate is €5.47, so the stock looks roughly fairly valued today (gap 7.5%).
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Valuation
Bull case: the Earnings-Based group reads highest at a median of €7.21 per share, and 1 of the 11 models we run sit above the €5.88 price.
Bear case: the Asset-Based group reads lowest at €2.76, and 10 of the 11 models stay below the price. Data coverage for this calculation is high.
Scenario range: €3.77 (bear) to €6.84 (bull), the price of €5.88 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 72/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
ABC arbitrage SA reported revenue of €59.7M in FY2025 versus €64.3M in FY2021, a compound −1.9%/yr. Reported net income was €25.1M in FY2025, compounding −2.7%/yr from FY2021.
Key figures
Market cap €355M Small · P/E ratio 10.7 · P/S ratio 4.76 · EPS (TTM) €0.5500 · Dividend yield 5.8% · Net margin 44.8% · Return on equity 18.4% · Return on assets (EBIT) 13.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 83 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 22% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −7%, ABCA screens cheaper than that median.
Fair Value models
Bear€3.77Fair Value €5.47Bull€6.84
Price €5.88 · Downside -7.0%
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 (€0.1801 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+16.1%
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.
−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.
−2.9%
Start year 2020 (pandemic). Over 10 years: +2.2% a year
Revenue growth 23 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.
+16.4%
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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.
+4.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.8%
Dividend (yield on the price)5.8%
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.−1.8% vs −0.2%, steady
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.51% → 42%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
−5.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −7.4% a year for the price.
News mood ⓘNews mood, the average tone of recent news (65 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
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.Asset Management · 587 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside−7.0% · Below median
Profitability
Return on equity (12 months)18.4% · Above median
Return on assets13.6% · Top 25%
Net margin (12 months)44.8% · Above median
Operating margin (12 months)50.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)39.8% · Top 25%
Dividend yield (12 months)5.8% · Above median
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (12 months)10.7× · Cheaper than median
P/B2.09× · Priciest 25%
P/S (12 months)4.76× · Pricier than median
Price / free cash flow (fiscal year)15.7× · Pricier than median
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). "ABC arbitrage SA Fair Value". https://www.fairvalue-calculator.com/stock/ABCA
Frequently asked questions
Is ABC arbitrage SA (ABCA) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of €5.47 versus a price of €5.88, about 7% lower (fairly valued).
What is the fair value of ABCA?
Our model-based fair value for ABC arbitrage SA is €5.47 (as of Nov 6, 2026), built from audited fundamentals. The current price: €5.88.
What is the quality score of ABCA?
ABC arbitrage SA has a Quality Score of 72/100. 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 ABC arbitrage SA (ABCA)?
Our model-based price target is the fair value of €5.47 (as of Nov 6, 2026) from 11 valuation models. Cautious scenario €3.77, optimistic scenario €6.84. It is a calculation from audited fundamentals, not an analyst target.
What is the ABC arbitrage SA stock forecast for 2026?
Our models put fair value at €5.47, about 7% lower versus a price of €5.88 (fairly valued). Cautious scenario €3.77, optimistic scenario €6.84. The calculation is refreshed regularly with new filings.
What is the revenue of ABC arbitrage SA (ABCA)?
ABC arbitrage SA reported trailing-twelve-month revenue of about €74.5M (latest available figure, as of Nov 6, 2026).
Does ABC arbitrage SA pay a dividend?
ABC arbitrage SA currently shows a dividend yield of 5.78% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of ABC arbitrage SA (ABCA) and when is the ex-dividend date?
ABC arbitrage SA pays a dividend of €0.34 per share a year, a dividend yield of 5.8%. The next ex-dividend date is Nov 24, 2026. A dividend has been paid every year since at least 2000. The payout ratio is 61.8% of earnings. Free cash flow covers the dividend 1.11 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into ABC arbitrage SA (ABCA)?
For today's price to be fair in a discounted-cash-flow model, ABC arbitrage SA would have to grow free cash flow by -5.4 % 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 -2.9 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of ABCA use?
Our models discount ABC arbitrage SA at 10.3 %: a base by market capitalisation (small), damped by beta 0.28, 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 ABC arbitrage SA that is -5.4 % 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 ABC arbitrage SA (ABCA) delivered so far?
Over the past 5 years revenue at ABC arbitrage SA grew -2.9 % a year. The price currently implies free-cash-flow growth of -5.4 % 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 ABC arbitrage SA (ABCA) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into ABC arbitrage SA (-5.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ABC arbitrage SA (ABCA)?
The free-cash-flow yield on the price is 6.37 %: that much free cash flow ABC arbitrage SA 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 ABC arbitrage SA (ABCA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ABC arbitrage SA it is €5.47 per share (as of Nov 6, 2026), against a price of €5.88. It is the blended result of 11 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is ABC arbitrage SA stock overvalued or undervalued in 2026?
As of Nov 6, 2026, ABCA trades above its calculated fair value: price €5.88, fair value €5.47, a gap of about −7% (fairly valued). 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 ABCA?
No. The price is what the market pays today (€5.88); the fair value is what the company's own numbers justify (€5.47). For ABC arbitrage SA the two are €0.4100 per share apart. That gap is exactly why we show both numbers side by side.
How much is ABC arbitrage SA worth?
The market values ABC arbitrage SA at about €355M (market capitalisation, as of Nov 6, 2026). Per share that is €5.88; our models calculate a fair value of €5.47 per share.
What do the bullish and bearish scenarios say about ABCA?
Our models span a range for ABC arbitrage SA: cautious scenario €3.77, base €5.47, optimistic €6.84 per share (as of Nov 6, 2026, price €5.88). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ABCA?
ABC arbitrage SA trades at a price-to-earnings ratio of 10.7 (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 €5.47 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 14.8. Other multiples: PEG 1.2, P/B 2.1, P/S 4.8, EV/EBITDA 10.4.
What is the PEG ratio of ABCA?
The PEG ratio of ABC arbitrage SA is 1.18 (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 ABC arbitrage SA (ABCA)?
Balance-sheet figures for ABC arbitrage SA (as of Nov 6, 2026): return on equity 18.4%. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is ABCA from its 52-week high?
ABC arbitrage SA trades at €5.88, about 2% below its 52-week high of €5.98 and 22% above the low of €4.81 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €5.47 is for.
Which stocks are comparable to ABC arbitrage SA?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, 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 ABC arbitrage SA stock attractive at the current price?
The data as of Nov 6, 2026: price €5.88, calculated fair value €5.47 (−7%), Quality Score 72/100, from 11 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 ABCA calculated?
We run ABC arbitrage SA through 11 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of €5.47 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. ABC arbitrage 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 ABC arbitrage SA (ABCA)?
The closing price on Nov 6, 2026 was €5.88. Our model-based fair value is €5.47, about 7% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ABC arbitrage SA right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (€3.77 to €6.84) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of ABC arbitrage SA
How large is the market capitalisation of ABC arbitrage SA (ABCA)?
The market capitalisation of ABC arbitrage SA is €355M. 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 ABC arbitrage SA (ABCA)?
The price-to-sales ratio of ABC arbitrage SA is 4.76 (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 ABC arbitrage SA (ABCA)?
Earnings per share at ABC arbitrage SA are €0.5500 (price ÷ EPS = P/E 10.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ABC arbitrage SA (ABCA)?
The dividend yield of ABC arbitrage SA is 5.8% (payout 61.8%). 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 ABC arbitrage SA (ABCA)?
The net margin of ABC arbitrage SA is 44.8% (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 ABC arbitrage SA (ABCA)?
The return on equity (ROE) of ABC arbitrage SA is 18.4% (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 ABC arbitrage SA (ABCA)?
On an EBIT basis the return on assets of ABC arbitrage SA is 13.9% (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 ABC arbitrage SA (ABCA)?
The operating margin of ABC arbitrage SA is 50.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ABC arbitrage SA (ABCA)?
Revenue at ABC arbitrage SA is growing +39.8% 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 ABC arbitrage SA (ABCA)?
Earnings per share at ABC arbitrage SA are growing +44.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does ABC arbitrage SA (ABCA) hold?
ABC arbitrage SA holds more cash than debt, €7.5M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 6, 2026