EN DE
Watch Klarsen SA for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Klarsen SA (ALKLA) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of Klarsen SA stock €0.44, price €0.40, upside +8.9%, quality 33 out of 100. Rating: fairly valued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Communication Services FR · ISIN FR0011038348

KS Klarsen SA logo Thin data Nov 10, 2026

Klarsen SA

ALKLA · PA
Fairly valued, weak quality

The stock costs about what our calculation considers fair.

Fair value €0.4357 · Fairly valued
Expensive Growth (revenue 5y +24.9 %/yr in EUR)
Negative equity (buybacks among others)
Revenue last quarter 59% below a year ago.
Quality 33/100
Loss-making · -55.4% net margin (TTM)
Negative free cash flow
Trails peers (3/8)
Narrow moat 10/100 · thin data
Thin data
Estimate
Watch Klarsen SA for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€3.86 €0.2600 Fair Value €0.4357 Sep 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range €0.2600 – €3.86 · fair‑value band €0.3268 – €0.5446 · the €0.4000 price screens below the €0.4357 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

Follow Klarsen in your weekly email

Every Wednesday you see whether Klarsen is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Klarsen operates as a data marketing agency in France and internationally. It operates marketing campaigns through various channels, such as SMS, email, phone, mobile, and postal address. Klarsen was formerly known as Groupe Actiplay SA and changed its name to Klarsen in June 2021.

Show moreShow less

The company was founded in 1995 and is headquartered in Bordeaux, France.

Stock analysis

Klarsen SA (ALKLA) currently trades at €0.4000, while our estimate is €0.4357, so the stock looks roughly fairly valued today (gap 8.2%).

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: €0.3268 (bear) to €0.5446 (bull), the price of €0.4000 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 33/100 (below-average quality), in the Communication Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Klarsen SA reported revenue of €4.9M in FY2025 versus €1.8M in FY2021, a compound +28.4%/yr. Reported net income was −€2.0M in FY2025.

Key figures

Market cap €1.8M Micro · P/S ratio 0.39 · EPS (TTM) €−0.0400 · Net margin −39.9% · Return on equity −8.1% · Return on assets (EBIT) −1.2% (5-year average) · Operating margin −60.3% · Revenue (TTM) €4.6M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).

What moves the price

The share trades about 71% below its 52-week high and 54% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Communication Services peers we cover trades at 12% fair-value upside, at 9%, ALKLA screens richer than that median.

Fair Value

Bear €0.3268 Fair Value €0.4357 Bull €0.5446
Price €0.4000 · Upside +8.9%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 33/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 43
How much profit the company makes from its sales and capital
Quality Growth 38
Are margins and returns getting better?
Cashflow 6
Do the profits arrive as real cash?
Financial strength 1
Debt, balance sheet and risk of trouble
Investment 93
Does it invest with discipline instead of growing at any price?
Low Volatility 41
How calm the share price moves, does not count
Price momentum 4
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 6
Distance to the 52-week high, does not count
New shares 55
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−20.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+39.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+24.9%
Start year 2020 (pandemic). Over 10 years: −11.7% a year
Revenue growth 15 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−2.1%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
12.7% (2020) → −20.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Watch ALKLA, get fair value alerts →

Compare Klarsen SA with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer Groupⓘ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.Advertising Agencies · 191 stocks

Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 33 · Bottom 25%
Fair Value upside +8.9% · Above median
Profitability
Return on equity (12 months) Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets −38.1% · Bottom 25%
Net margin (12 months) −55.4% · Bottom 25%
Operating margin (12 months) −60.3% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −58.5% · Bottom 25%
Balance sheet
Debt / equity Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.

Valuation Multiplesvs Advertising Agencies median · lower = cheaper

P/B Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months) 0.39× · Cheapest 25%
EV/EBITDA 2.7× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)45 · sector 33
FUTURE (revenue growth)0 · sector 19
PAST (return on equity)0 · sector 7
HEALTH (low debt)0 · sector 98
DIVIDEND (yield)0 · sector 55

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Context: sector, industry, market

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

Similar stocks

10 more Advertising Agencies stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
The Trade Desk, Inc TTD $15.42 $46.26 +200% vs ALKLA
Publicis Groupe S.A PUB €103.95 €145.63 +40% vs ALKLA
Omnicom Group OMC $88.84 $113.06 +27% vs ALKLA
AppLovin Corporation APP $395.51 $451.00 +14% vs ALKLA
Magnite, Inc MGNI $28.52 $31.94 +12% vs ALKLA
Focus Media Information Technology Co 002027 ¥5.64 ¥6.11 +8% vs ALKLA
JCDecaux SE DEC €27.56 €20.99 −24% vs ALKLA
Easy Click Worldwide Network Technology Co 301171 ¥34.63 ¥11.05 −68% vs ALKLA
Leo Group 002131 ¥4.32 ¥1.06 −75% vs ALKLA
Stagwell Inc STGW $11.28 $2.62 −77% vs ALKLA

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Klarsen SA: fair value per Fair Value Calculator

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

Frequently asked questions

Is Klarsen SA (ALKLA) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is €0.4357 versus a price of €0.4000, about +9% upside (fairly valued).
What is the fair value of ALKLA?
Our estimate for Klarsen SA is €0.4357 (as of Nov 10, 2026), built from audited fundamentals. The current price: €0.4000.
What is the quality score of ALKLA?
Klarsen 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 price target for Klarsen SA (ALKLA)?
Our calculated price target is the estimate of €0.4357 (as of Nov 10, 2026). Cautious scenario €0.3268, optimistic scenario €0.5446. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the Klarsen SA stock forecast for 2026?
Our estimate puts fair value at €0.4357, about +9% upside versus a price of €0.4000 (fairly valued). Cautious scenario €0.3268, optimistic scenario €0.5446. The calculation is refreshed regularly with new filings.
What is the revenue of Klarsen SA (ALKLA)?
Klarsen SA reported trailing-twelve-month revenue of about €4.6M (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of Klarsen SA (ALKLA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Klarsen SA it is €0.4357 per share (as of Nov 10, 2026), against a price of €0.4000.
Is Klarsen SA stock overvalued or undervalued in 2026?
As of Nov 10, 2026, ALKLA trades below its calculated fair value: price €0.4000, fair value €0.4357, a gap of about +9% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ALKLA?
No. The price is what the market pays today (€0.4000); the fair value is what the company's own numbers justify (€0.4357). For Klarsen SA the two are €0.0357 per share apart. That gap is exactly why we show both numbers side by side.
How much is Klarsen SA worth?
The market values Klarsen SA at about €1.8M (market capitalisation, as of Nov 10, 2026). Per share that is €0.4000; our models calculate a fair value of €0.4357 per share.
What do the bullish and bearish scenarios say about ALKLA?
Our models span a range for Klarsen SA: cautious scenario €0.3268, base €0.4357, optimistic €0.5446 per share (as of Nov 10, 2026, price €0.4000). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Klarsen SA (ALKLA)?
Balance-sheet figures for Klarsen SA (as of Nov 10, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is ALKLA from its 52-week high?
Klarsen SA trades at €0.4000, about 71% below its 52-week high of €1.40 and 54% above the low of €0.2600 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of €0.4357 is for.
Which stocks are comparable to Klarsen SA?
From the same area (Communication Services) we also value AppLovin Corporation, Publicis Groupe S.A, Omnicom Group, Focus Media Information Technology Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Klarsen SA stock attractive at the current price?
The data as of Nov 10, 2026: price €0.4000, calculated fair value €0.4357 (+9%), Quality Score 33/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Klarsen SA currently trades 8% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Klarsen SA (ALKLA)?
The closing price on Nov 10, 2026 was €0.4000. Our estimate is €0.4357, about +9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Klarsen SA right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Klarsen SA

How large is the market capitalisation of Klarsen SA (ALKLA)?
The market capitalisation of Klarsen SA is €1.8M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Klarsen SA (ALKLA)?
The price-to-sales ratio of Klarsen SA is 0.39 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Klarsen SA (ALKLA)?
Earnings per share at Klarsen SA are €−0.0400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Klarsen SA (ALKLA)?
The net margin of Klarsen SA is −39.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Klarsen SA (ALKLA)?
The return on equity (ROE) of Klarsen SA is −8.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Klarsen SA (ALKLA)?
On an EBIT basis the return on assets of Klarsen SA is −1.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Klarsen SA (ALKLA)?
The operating margin of Klarsen SA is −60.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Klarsen SA (ALKLA)?
Revenue at Klarsen SA is growing −58.5% versus a year earlier (3y avg +39.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Klarsen SA (ALKLA)?
Earnings per share at Klarsen SA are growing −74.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Klarsen SA (ALKLA) generate?
The free cash flow of Klarsen SA is −€197K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Klarsen SA (ALKLA) carry?
The net debt of Klarsen SA is €79.7K (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Klarsen SA in the live analysis

One click puts Klarsen SA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.