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Atari SA (ALATA) Fair Value & Analysis

Communication Services · FR · Market cap €59.2M

AS Atari SA ALATA · PA
Price€18.36
Fair Value€43.56
Upside+137.3%
Quality95/100
Evidence: Low Range €28.13 – €58.99

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 6 days ago

Share price −12.7% over the past month.

Price vs Fair Value (12 months)

€32.48 €17.67 Fair Value €43.56 Jul 2025 Jun 2026

12‑month range €17.67 – €32.48 · fair‑value band €28.13 – €58.99 · the €18.36 price screens below the €43.56 fair value. As of Jun 24, 2026.

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Analysis

Atari SA (ALATA) currently trades at €18.36, while our model-based Fair Value estimate is €43.56 — implying the stock looks roughly 137.3% undervalued today. We read business quality at 95/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Atari SA generated revenue of €38.8M at a net margin of -27.1%. Revenue grew 38.0% year over year. Net debt stands at €50.5M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €38.8M
Revenue growth (YoY) +38.0%
Net margin -27.1%
Return on equity -578%
Free cash flow −€8.1M FY2025
Operating margin -13.8%
More key figures
EPS (TTM) €-4.68
Net debt €50.5M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Atari SA operates as a multi-platform, interactive entertainment, and licensing products company worldwide. The company offers video games, hardware, and consumer products. It provides monetization of video games through multiple channels, multimedia production, and licensing activities; Atari videogame computer system; and Atari Blockchain, which develops and markets non-fungible tokens (NFTs) and develops ecosystem around the Atari Token. It owns and manages a portfolio of approximately 200 games and franchises under the Breakout, Asteroids, Centipede, Missile Command, Pong, and RollerCoaster Tycoon brands. The company was formerly known as Infogrames Entertainment SA and changed its name to Atari SA in May 2009. Atari SA was founded in 1972 and is based in Paris, France.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Atari SA reported revenue of €33.6M in FY2025 versus €18.9M in FY2021, a compound +15.5%/yr. Reported net income was −€12.6M in FY2025.

Revenue +15.5%/yr
FY21 €18.9M
FY22 €14.9M
FY23 €10.1M
FY24 €20.6M
FY25 €33.6M
Net income
FY21 −€11.9M
FY22 −€23.8M
FY23 −€9.5M
FY24 −€13.5M
FY25 −€12.6M

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6 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Konami Group KNM £20,200 £68.84 -100%
NetEase, Inc NTES $125.82 $153.10 +22%
Nintendo Co NTDOY $11.18 $15.81 +41%
Electronic Arts Inc EA $202.97 $77.82 -62%
Take-Two Interactive Software, Inc TTWO $210.46 $63.78 -70%
Zhejiang Century Huatong Group 002602 ¥14.56 ¥26.62 +83%

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Frequently asked questions

Is Atari SA (ALATA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €43.56 versus a price of €18.36 — about +137% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ALATA?
Our 21-model fair value for Atari SA is €43.56 (as of Jun 24, 2026), built from audited fundamentals. The current price is €18.36.
What is the quality score of ALATA?
Atari SA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Atari SA (ALATA)?
Atari SA reported trailing-twelve-month revenue of about €38.8M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ALATA?
The net profit margin of Atari SA is about -27.1%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.