Atos Origin SA ADR (AEXAY) Fair Value & Analysis
Technology · US · Market cap $881M · ISIN US04962A1051
Risks
Fair value as of: Aug 20, 2026
From 7 valuation models · updated 8 days ago
Below-average quality, and trading another 62% above our fair value.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits above even our optimistic bull case ($7.20). The favourable scenario is already priced in.
- Weak quality (26/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
- A fairly wide model range ($3.99 to $7.20) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.
How to read this chart
60‑month range $3.41 – $132,749 · fair‑value band $3.99 – $7.20 · the $9.08 price screens above the $5.59 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.
Analysis
Atos Origin SA ADR (AEXAY) currently trades at $9.08, while our model-based Fair Value estimate is $5.59, implying the stock looks roughly 38.4% overvalued today. The Quality Score stands at 26/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).
Over the trailing twelve months, Atos Origin SA ADR generated revenue of $8.0B at a net margin of -17.6%. Revenue declined 13.7% year over year. Net debt stands at $1.5B. Fundamentals as of Aug 20, 2026
Our scenario range runs from $3.99 (bear case) to $7.20 (bull case); at $9.08, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 45% below its 52-week high and 135% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 77% fair-value upside, at -38%, AEXAY screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 7 models by family
Widest divergence: Multiples ($94.48) versus Dividend Discount ($1.12). Highest evidence: ROIC Compounder (72).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 27 · Market factors (momentum, volatility) 29
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Atos SE provides digital transformation solutions and services in France and internationally. It offers cloud and infrastructure services, such as sovereign cloud, multi cloud, private cloud and edge services, modern infrastructure, modern mainframe, and managed edge services, and cloud and modern infrastructure advisory; digital business platforms; digital …
Full company description
Atos SE provides digital transformation solutions and services in France and internationally. It offers cloud and infrastructure services, such as sovereign cloud, multi cloud, private cloud and edge services, modern infrastructure, modern mainframe, and managed edge services, and cloud and modern infrastructure advisory; digital business platforms; digital workplace comprising accessibility services, platforms, intelligent care center, intelligent collaboration, digital workplace advisory, and sustainability. The company also provides integration and value added resell, technology consulting, customized, and maintenance and support services. In addition, it offers advanced computing, cloud solutions, digital security, generative artificial intelligence (AI), security solutions, smart platforms, and transformation acceleration solutions. Further, the company provides decarbonization, cybersecurity products and services, mission-critical systems, advanced computing, and AI and automation services. Additionally, the company provides digital applications such as application services, digital assurance, industry 360 & plm services, intelligent automation, internet of things, and low code solutions; and smart platforms. It serves public sector and defense, manufacturing, financial services and insurance, telecom, media and technology, energy and utilities, retail, transportation and logistics, and healthcare and life science industries. Atos SE was incorporated in 1982 and is headquartered in Bezons, France.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Atos Origin SA ADR reported revenue of €7.7B in FY2025 versus €10.8B in FY2021, a compound −8.2%/yr. Reported net income was −€1.3B in FY2025.
AEXAY screens 38% overvalued. Compare with International Business Machines Corporation →
Peer Group
Information Technology Services · 493 stocks
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.
Valuation Multiples vs Information Technology Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| International Business Machines Corporation IBM | $229.87 | $175.76 | -24% |
| Accenture plc ACN | $181.38 | $334.27 | +84% |
| Tata Consultancy Services Limited TCS | ₹2,302 | ₹3,473 | +51% |
| Infosys Limited INFY | ₹1,111 | ₹1,967 | +77% |
| HCL Technologies Limited HCLTECH | ₹1,282 | ₹1,722 | +34% |
| Fiserv, Inc FI | C$5.13 | C$8.07 | +57% |
| Wipro Limited WIT | $1.83 | $3.51 | +92% |
| Fidelity National Information Services, Inc FIS | $41.34 | $19.28 | -53% |
| Cognizant Technology Solutions Corporation CTSH | $62.09 | $132.01 | +113% |
| Capgemini SE CAP | €109.50 | €222.79 | +103% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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