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Cofidur S.A (ALCOF) Fair Value & Analysis

Technology · FR · Market cap €10.7M

CS Cofidur S.A ALCOF · PA
Price€286.00
Fair Value€462.42
Upside+61.7%
Quality52/100
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Healthy Growth
Thin margins · 1.3% net margin
Low debt · generates free cash flow
3.57% dividend yield
Mixed vs. peers (6/14)
Narrow moat 27/100
Evidence: High Range €346.81 – €578.02 Share as image

Fair value as of: Jul 16, 2026

From 23 valuation models · updated 25 days ago

Share price +0.7% over the past month.

A solid business, screening 62% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€346.81). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

€353.58 €155.02 Fair Value €462.42 Nov 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €155.02 – €353.58 · fair‑value band €346.81 – €578.02 · the €286.00 price screens below the €462.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Cofidur S.A (ALCOF) currently trades at €286.00, while our model-based Fair Value estimate is €462.42, implying the stock looks roughly 61.7% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Technology 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: high), always confirm before acting.

Over the trailing twelve months, Cofidur S.A generated revenue of €82.6M at a net margin of 1.3%. Revenue declined 1.1% year over year. It earns a return on equity of 3.6%. The stock trades on a trailing P/E of 11.8. Fundamentals as of Jul 16, 2026

Our scenario range runs from €346.81 (bear case) to €578.02 (bull case); at €286.00, the current price sits below 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 11% below its 52-week high and 8% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 62%, ALCOF screens cheaper 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.

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. Evidence
Highest evidence
Growth DCF €659.96 €796.77 €1,020 80
Residual Income €517.97 €494.28 €381.19 76
Rev-Margin DCF €353.98 €417.60 €510.43 74
All 23 models by family
DCF Models
FCF DCF €646.65 €791.02 €1,048 38
5Y Revenue Exit €353.98 €400.24 €470.79 39
5Y EBITDA Exit €565.15 €758.74 €1,025 41
5Y P/E Exit €498.25 €645.16 €829.67 38
10Y Revenue Exit €487.22 €541.52 €592.33 36
10Y EBITDA Exit €599.58 €741.01 €892.33 37
10Y P/E Exit €564.53 €677.81 €786.66 35
Earnings-Based
Graham-Dodd €184.97 €288.31 €345.35 54
EPV €50.29 €54.38 €57.70 59
Dividend Discount
Gordon GGM €104.82 €118.66 €133.09 70
DDM Multi-Stage €104.82 €127.17 €151.15 61
Multiples
P/E Multiple €408.02 €544.02 €680.03 63
P/S Multiple €346.81 €462.42 €578.02 58
P/B Multiple €346.81 €462.42 €578.02 55
EV/EBIT €145.06 €188.01 €230.96 53
EV/EBITDA €570.27 €754.96 €939.65 54
EV/Revenue €103.06 €140.28 €177.51 43
Asset-Based
NCAV (Graham) €389.88 €522.44 €779.76 50
Growth DCF
Growth DCF €659.96 €796.77 €1,020 80
Rev-Margin DCF €353.98 €417.60 €510.43 74
Economic Profit
Residual Income €517.97 €494.28 €381.19 76
ROIC Compounder €50.29 €54.38 €57.70 72
Growth Earnings
Growth-Adj P/E €288.66 €412.37 €536.08 68

Widest divergence: DCF Models (€677.81) versus Earnings-Based (€54.38). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €82.6M
Revenue growth (YoY) -1.1%
Net margin 1.3%
Return on equity 3.6%
Free cash flow €3.3M FY2025
P/E ratio 11.8
More key figures
Operating margin 0.7%
EPS (TTM) €26.97
Dividend yield 3.2%
EPS growth (YoY) -11.9%
Net debt €967K FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 52 · Market factors (momentum, volatility) 53

Profitability 37
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 88
Buybacks instead of dilution

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.

About the company

Cofidur S.A., together with its subsidiaries, provides electronics subcontracting services in France, rest of Europe, the United States, and internationally.

Full company description

Cofidur S.A., together with its subsidiaries, provides electronics subcontracting services in France, rest of Europe, the United States, and internationally. The is involved in the manufacturing of electronic and electromechanical assemblies and sub-assemblies; and cutting, stripping, crimping and marking cords and cables in stranded or ribbon form for production of enclosures, cabinets, and special wiring. It also engages in the assembly, parameterization, and adjustment for integrations; and study, design, and production of custom-built functional and in situ electronic test benches. In addition, the company offers electronic solutions. The company was incorporated in 1966 and is headquartered in Laval, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cofidur S.A reported revenue of €83.6M in FY2025 versus €52.3M in FY2021, a compound +12.4%/yr. Reported net income was €1.0M in FY2025, compounding −4.5%/yr from FY2021.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€83.6M
Latest YoY
+5.1%
Avg. growth/yr (3Y) 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.
+14.4%
Avg. growth/yr (5Y) 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.
+10.5%
Avg. growth/yr (25Y) 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.
−11.6%
Revenue +12.4%/yr
FY21 €52.3M
FY22 €55.8M
FY23 €73.9M
FY24 €79.5M
FY25 €83.6M
Net income −4.5%/yr
FY21 €1.3M
FY22 €720K
FY23 €2.2M
FY24 €1.6M
FY25 €1.0M
Character of growth · EPS growth decomposed (2014-2025) −2.0 % p.a.
Revenue per share −0.6 pp

of which total revenue −0.6 pp · buybacks/dilution +0.1 pp

EBIT margin −8.2 pp
Tax rate −0.7 pp
Residual (interest, one-offs) +7.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Cofidur S.A Fair Value". https://www.fairvalue-calculator.com/stock/ALCOF

Peer Group

Electronic Components · 625 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.

Quality Score 52 · Below median
Fair Value upside +62% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 0% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth -1% · Below median
Dividend yield (TTM) 3.6% · Top 25%
Debt / equity 0.41× · Higher than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 10.4× · Cheaper than 75% of peers
P/B 0.41× · Cheaper than 75% of peers
P/S (TTM) 0.15× · Cheaper than 75% of peers
P/FCF 3.8× · Pricier than median
EV/EBITDA 5.4× · Cheaper than 75% of peers

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 100 · sector 0
FUTURE 0 · sector 32
PAST 14 · sector 24
HEALTH 80 · sector 95
DIVIDEND 71 · sector 25

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Cofidur S.A (ALCOF) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €462.42 versus a price of €286.00, about +62% (undervalued).
What is the fair value of ALCOF?
Our model-based fair value for Cofidur S.A is €462.42 (as of Jul 16, 2026), built from audited fundamentals. The current price is €286.00.
What is the quality score of ALCOF?
Cofidur S.A 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 revenue of Cofidur S.A (ALCOF)?
Cofidur S.A reported trailing-twelve-month revenue of about €82.6M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ALCOF?
The net profit margin of Cofidur S.A is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.
Does Cofidur S.A pay a dividend?
Cofidur S.A currently shows a dividend yield of about 3.16% relative to its recent price (as of Jul 16, 2026).

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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