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Louis Hachette Group (ALHG) Fair Value & Analysis

Industrials · FR · Market cap €1.7B

LH Louis Hachette Group ALHG · PA
Price€1.89
Fair Value€0.8925
Upside-52.8%
Quality39/100
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Mixed Growth
Thin margins · 0.2% net margin
Moderate debt · generates free cash flow
3.40% dividend yield
Mixed vs. peers (6/14)
Narrow moat 31/100
Evidence: Medium Range €0.6035 – €0.9775 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 23 days ago

Share price +8.3% over the past month.

Below-average quality, and screening another 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€0.9775). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (20 months)

€1.89 €1.15 Fair Value €0.8925 Dec 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

20‑month range €1.15 – €1.89 · fair‑value band €0.6035 – €0.9775 · the €1.89 price screens above the €0.8925 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Louis Hachette Group (ALHG) currently trades at €1.89, while our model-based Fair Value estimate is €0.8925, implying the stock looks roughly 52.8% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Louis Hachette Group generated revenue of €9.7B at a net margin of 0.2%. Revenue grew 4.5% year over year. It earns a return on equity of 3.9%. Net debt stands at €4.5B. Fundamentals as of Jul 17, 2026

Our scenario range runs from €0.6035 (bear case) to €0.9775 (bull case); at €1.89, 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 near its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -53%, ALHG 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF €12.75 €22.83 €38.66 80
Residual Income €1.44 €1.33 €0.8900 76
Rev-Margin DCF €8.33 €14.25 €26.73 74
All 26 models by family
DCF Models
FCF DCF €13.68 €20.47 €40.77 38
Owner Earnings €8.22 €18.20 €36.71 31
5Y Revenue Exit €7.53 €12.30 €22.17 39
5Y EBITDA Exit €14.04 €25.45 €47.82 41
5Y P/E Exit €3.90 €5.99 €8.16 38
10Y Revenue Exit €9.45 €18.44 €23.10 36
10Y EBITDA Exit €13.99 €31.23 €60.90 37
10Y P/E Exit €7.23 €11.32 €16.52 35
Earnings-Based
Graham-Dodd €0.1500 €1.05 €1.48 54
Lynch FV €0.5400 €0.7800 €1.01 50
PEG = 1.0 €0.5400 €0.7800 €1.01 46
EPV €2.93 €3.47 €3.93 59
Dividend Discount
Gordon GGM €0.4600 €0.8300 €1.15 70
DDM Multi-Stage €0.4600 €0.7600 €0.8900 61
Multiples
P/E Multiple €0.3500 €0.4700 €0.5800 63
P/S Multiple €0.2800 €0.3800 €0.4700 58
P/B Multiple €0.2800 €0.3800 €0.4700 55
EV/EBIT €6.24 €8.69 €11.13 53
EV/EBITDA €13.95 €18.96 €23.97 54
EV/Revenue €4.15 €6.39 €8.63 43
Asset-Based
NCAV (Graham) €1.11 €1.49 €2.22 50
Growth DCF
Growth DCF €12.75 €22.83 €38.66 80
Rev-Margin DCF €8.33 €14.25 €26.73 74
Economic Profit
Residual Income €1.44 €1.33 €0.8900 76
ROIC Compounder €3.61 €5.25 €6.49 72
Growth Earnings
Growth-Adj P/E €0.7100 €1.02 €1.32 68

Widest divergence: DCF Models (€18.20) versus Multiples (€0.4700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €9.7B
Revenue growth (YoY) +4.5%
Net margin 0.2%
Return on equity 3.9%
Free cash flow €1.1B FY2025
P/E ratio 84.6
More key figures
Operating margin 7.0%
EPS (TTM) €0.0200
Dividend yield 3.6%
EPS growth (YoY) -25.0%
Net debt €4.5B FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 41 · Market factors (momentum, volatility) 72

Profitability 34
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 24
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

Louis Hachette Group S.A. engages in the publishing and travel retail and media businesses. It publishes and distributes books, including general literature, textbooks, children and young adult books, comics and manga, tourism, fine art, and dictionaries; offers a range of convenience and specialty items, fashion gallery, cosmetics, alcohol, tobacco, and …

Full company description

Louis Hachette Group S.A. engages in the publishing and travel retail and media businesses. It publishes and distributes books, including general literature, textbooks, children and young adult books, comics and manga, tourism, fine art, and dictionaries; offers a range of convenience and specialty items, fashion gallery, cosmetics, alcohol, tobacco, and fragrances through retail stores; and operates full-service bars and restaurants, and souvenir stores, as well as coffee/tea shops and fast-food options. The company also offers magazine publishing; advertising; and digital audio content services; and Prismashop, a magazine e-commerce site. In addition, it publishes newspaper under the Le Journal du Dimanche, Le JDNews, Elle, and Le JDMag names through print and digital channels; and operates radio stations under the Europe 1, Europe 2, and RFM names. Further, the company manages concert and entertainment venues; produces live shows and concerts; hosts WTA 125, a one-week international women tournament; operates sports club; and provides hosting and local promotional services for French and international productions. The company has operations in France, rest of European Union, the United States, the United Kingdom, the Asia-Pacific, Canada, the Middle East, Africa, Latin America, and other European countries. The company was founded in 1826 and is based in Paris, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Louis Hachette Group reported revenue of €9.6B in FY2025 versus €5.4B in FY2021, a compound +15.3%/yr. Reported net income was €22.0M in FY2025.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€9.6B
Latest YoY
+4.2%
Avg. growth/yr (3Y)
+9.9%
Revenue +15.3%/yr
FY21 €5.4B
FY22 €7.2B
FY23 €979M
FY24 €9.2B
FY25 €9.6B
Net income
FY21 −€76.0M
FY22 €85.0M
FY23 €45.0M
FY24 €13.0M
FY25 €22.0M

ALHG screens 53% overvalued. Compare with Cintas Corporation →

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Cite: Fair Value Calculator (2026). "Louis Hachette Group Fair Value". https://www.fairvalue-calculator.com/stock/ALHG

Peer Group

Specialty Business Services · 255 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 39 · Bottom 25%
Fair Value upside −53% · Bottom 25%
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 5% · Below median
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.78× · Higher than 75% of peers

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/E (TTM) 86.5× · Pricier than 75% of peers
P/B 0.90× · Cheaper than median
P/S (TTM) 0.21× · Cheaper than 75% of peers
P/FCF 1.8× · Cheaper than median
EV/EBITDA 3.4× · 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 0 · sector 24
FUTURE 23 · sector 25
PAST 16 · sector 33
HEALTH 61 · sector 92
DIVIDEND 68 · sector 54

VALUE 0: the price sits above our fair-value range.

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 Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $206.25 $95.30 -54%
RELX PLC RELX $33.70 $32.49 -4%
Thomson Reuters Corporation TRI C$133.87 C$70.40 -47%
Copart, Inc CPRT $27.61 $28.59 +4%
Global Payments Inc GPN $80.49 $69.67 -13%
RB Global, Inc RBA C$156.43 C$49.14 -69%
Brambles Limited BXB A$18.79 A$12.28 -35%
UL Solutions Inc ULS $87.76 $33.62 -62%
Wolters Kluwer N.V WKL €62.56 €103.99 +66%
Aramark ARMK $56.74 $13.73 -76%

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Frequently asked questions

Is Louis Hachette Group (ALHG) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €0.8925 versus a price of €1.89, about −53% (overvalued).
What is the fair value of ALHG?
Our model-based fair value for Louis Hachette Group is €0.8925 (as of Jul 17, 2026), built from audited fundamentals. The current price is €1.89.
What is the quality score of ALHG?
Louis Hachette Group has a Quality Score of 39/100. 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 Louis Hachette Group (ALHG)?
Louis Hachette Group reported trailing-twelve-month revenue of about €9.7B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of ALHG?
The net profit margin of Louis Hachette Group is about 0.2%, meaning it keeps roughly 0.2% of revenue as net income. Based on the latest reported figures.
Does Louis Hachette Group pay a dividend?
Louis Hachette Group currently shows a dividend yield of about 3.57% relative to its recent price (as of Jul 17, 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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