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Europlasma SA (ALEUP) Fair Value & Analysis

Industrials · FR · Market cap €857K

ES Europlasma SA ALEUP · PA
Price€0.0008
Fair Value€0.0010
Upside+25.0%
Quality33/100
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Expensive Growth
Loss-making · -50.5% net margin
Negative equity (buybacks among others) · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 4/100
Evidence: Low Range €0.0010 – €0.0010 Share as image

Fair value as of: Jul 16, 2026

From 3 valuation models · updated 33 days ago

Fair value updated Jul 16, 2026, revised from €0.0028 to €0.0010 (−64.9%) since Jun 26, 2026. Share price −20.0% over the past month.

Below-average quality, screening 25% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (€0.0010). The market is more pessimistic than our downside scenario.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

€1,000,000 €0.0006 Fair Value €0.0010 Jun 2021 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 €0.0006 – €1,000,000 · the €0.0008 price screens below the €0.0010 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

Europlasma SA (ALEUP) currently trades at €0.0008, while our model-based Fair Value estimate is €0.0010, implying the stock looks roughly 25.0% undervalued today. The Quality Score stands at 33/100 (below-average quality), in the Industrials 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, Europlasma SA generated revenue of €60.1M at a net margin of -74.0%. Revenue grew 111.2% year over year. Net debt stands at €12.5M. Fundamentals as of Jul 16, 2026

For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at 25%, ALEUP screens cheaper than that median.

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Key figures & financial health

Revenue (TTM) €60.1M
Revenue growth (YoY) +111%
Net margin -74.0%
Return on equity -371%
Free cash flow −€20.4M FY2025
Operating margin -38.2%
More key figures
EPS (TTM) €-88.61
EPS growth (YoY) -98.9%
Net debt €12.5M FY2025

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

Quality Score breakdown

Overall quality 33/100

Of which business quality 33 · Market factors (momentum, volatility) 15

Profitability 36
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 11
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 50
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

Europlasma S.A., together with its subsidiaries, develops, constructs, and operates plasma torch system for industrial applications in France. The company offers plasma solutions for gas and hazardous waste; decarbonization solutions for transforming waste disposal to solid recovered fuel; and hazardous waste treatment solutions.

Full company description

Europlasma S.A., together with its subsidiaries, develops, constructs, and operates plasma torch system for industrial applications in France. The company offers plasma solutions for gas and hazardous waste; decarbonization solutions for transforming waste disposal to solid recovered fuel; and hazardous waste treatment solutions. It also manufactures and sales forged parts and anode sheets for capacitors; forged wheels, axles and wheelsets for rolling stock; and electronic components for electrolytic capacitors. Europlasma S.A. was founded in 1992 and is based in Pessac, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Europlasma SA reported revenue of €70.4M in FY2025 versus €9.8M in FY2021, a compound +63.7%/yr. Reported net income was −€35.6M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€70.4M
Latest YoY
+65.9%
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.
+69.3%
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.
+79.3%
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.
+14.2%
Revenue +63.7%/yr
FY21 €9.8M
FY22 €14.5M
FY23 €15.4M
FY24 €42.5M
FY25 €70.4M
Net income
FY21 −€12.7M
FY22 −€15.9M
FY23 −€14.7M
FY24 −€15.3M
FY25 −€35.6M

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Cite: Fair Value Calculator (2026). "Europlasma SA Fair Value". https://www.fairvalue-calculator.com/stock/ALEUP

Peer Group

Waste Management · 167 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 33 · Bottom 25%
Fair Value upside +25% · Above median
Return on assets -27% · Bottom 25%
Net margin (TTM) -51% · Bottom 25%
Operating margin (TTM) -45% · Bottom 25%
Revenue growth 38% · Top 25%

Valuation Multiples vs Waste Management median · lower = cheaper

P/S (TTM) 0.01× · 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 67 · sector 7
FUTURE 100 · sector 21
PAST 0 · sector 25
HEALTH 100 · sector 82
DIVIDEND 0 · sector 48

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.

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 Waste Management stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $226.32 $128.02 -43%
Republic Services, Inc RSG $215.08 $120.63 -44%
Waste Connections, Inc WCN C$230.52 C$78.67 -66%
Veolia Environnement SA VIE €34.47 €23.26 -33%
Clean Harbors, Inc CLH $316.65 $154.01 -51%
GFL Environmental Inc GFL C$57.56 C$44.27 -23%
GEM Co 002340 ¥6.75 ¥5.27 -22%
Zhejiang Weiming Environment Protection Co 603568 ¥15.68 ¥20.95 +34%
China Everbright Environment Group 0257 HK$5.00 HK$8.96 +79%
Beijing GeoEnviron Engineering & Technology, Inc 603588 ¥14.10 ¥9.35 -34%

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Frequently asked questions

Is Europlasma SA (ALEUP) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €0.0010 versus a price of €0.0008, about +25% (undervalued).
What is the fair value of ALEUP?
Our model-based fair value for Europlasma SA is €0.0010 (as of Jul 16, 2026), built from audited fundamentals. The current price is €0.0008.
What is the quality score of ALEUP?
Europlasma SA has a Quality Score of 33/100. 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 Europlasma SA (ALEUP)?
Europlasma SA reported trailing-twelve-month revenue of about €60.1M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ALEUP?
The net profit margin of Europlasma SA is about -74.0%, 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.

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