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Lexibook - Linguistic Electronic System Société anonyme (ALLEX) Fair Value & Analysis

Consumer Cyclical · FR · Market cap €63.3M

LL Lexibook - Linguistic Electronic System Société anonyme ALLEX · PA
Price€8.00
Fair Value€13.72
Upside+71.5%
Quality62/100
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Healthy Growth
Thin margins · 8.6% net margin
Low debt · generates free cash flow
Ranks above peers (11/14)
Moderate moat 61/100
Evidence: High Range €9.80 – €21.02 Share as image

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 28 days ago

Fair value updated Jul 13, 2026, revised from €13.20 to €13.72 (+3.9%) since Jun 24, 2026.

A solid business, screening 72% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€9.80). The market is more pessimistic than our downside scenario.
  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€9.80 to €21.02) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€8.24 €1.70 Fair Value €13.72 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range €1.70 – €8.24 · fair‑value band €9.80 – €21.02 · the €8.00 price screens below the €13.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Lexibook - Linguistic Electronic System Société anonyme (ALLEX) currently trades at €8.00, while our model-based Fair Value estimate is €13.72, implying the stock looks roughly 71.5% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical 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, Lexibook - Linguistic Electronic System Société anonyme generated revenue of €79.8M at a net margin of 8.6%. Revenue grew 23.6% year over year. It earns a return on equity of 30.7%. The balance sheet holds a net cash position of €6.3M. Fundamentals as of Jul 13, 2026

Our scenario range runs from €9.80 (bear case) to €21.02 (bull case); at €8.00, 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 near its 52-week high and 88% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at 72%, ALLEX 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 €9.73 €12.36 €15.46 80
Residual Income €4.79 €6.84 €30.32 76
Rev-Margin DCF €10.03 €14.51 €19.71 74
All 26 models by family
DCF Models
FCF DCF €9.73 €12.79 €16.64 38
Owner Earnings €9.88 €13.00 €16.92 31
5Y Revenue Exit €10.03 €14.48 €20.12 39
5Y EBITDA Exit €11.45 €17.14 €23.76 41
5Y P/E Exit €12.94 €19.94 €27.31 38
10Y Revenue Exit €9.60 €13.23 €18.05 36
10Y EBITDA Exit €10.57 €14.82 €20.43 37
10Y P/E Exit €11.38 €16.48 €22.75 35
Earnings-Based
Graham-Dodd €6.23 €19.91 €26.55 54
Lynch FV €4.40 €6.29 €8.17 50
PEG = 1.0 €4.40 €6.29 €8.17 46
EPV €8.79 €9.60 €10.26 59
Dividend Discount
Gordon GGM €0.3100 €0.5200 €0.6700 70
DDM Multi-Stage €0.3100 €0.4700 €0.5500 61
Multiples
P/E Multiple €15.12 €20.16 €25.20 63
P/S Multiple €9.28 €12.37 €15.47 58
P/B Multiple €11.69 €15.58 €19.48 55
EV/EBIT €16.63 €21.48 €26.33 53
EV/EBITDA €14.20 €18.24 €22.28 54
EV/Revenue €10.74 €14.45 €18.16 43
Asset-Based
NCAV (Graham) €1.97 €2.65 €3.95 50
Growth DCF
Growth DCF €9.73 €12.36 €15.46 80
Rev-Margin DCF €10.03 €14.51 €19.71 74
Economic Profit
Residual Income €4.79 €6.84 €30.32 76
ROIC Compounder €9.08 €10.23 €11.36 72
Growth Earnings
Growth-Adj P/E €12.56 €17.94 €23.32 68

Widest divergence: Growth Earnings (€17.94) versus Dividend Discount (€0.4700). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €79.8M
Revenue growth (YoY) +23.6%
Net margin 8.6%
Return on equity 30.7%
Free cash flow €7.1M FY2026
P/E ratio 6.4
More key figures
Operating margin 7.7%
EPS (TTM) €0.8800
EPS growth (YoY) -21.0%
Net cash €6.3M FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 64 · Market factors (momentum, volatility) 67

Profitability 74
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 17
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 90
Distance to the 52-week high (market factor)
Net Issuance 82
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

Lexibook - Linguistic Electronic System Société anonyme designs and markets electronic leisure products for children in France.

Full company description

Lexibook - Linguistic Electronic System Société anonyme designs and markets electronic leisure products for children in France. The company offers learning toys, such as electronic learning toys, wooden and scientific toys, and storytellers; robots, including powerman educational and animal robots; timepieces, such as alarm clocks and watches; office equipment, including notebooks and tablets, calculators, dictionaries, translators, and accessories; and games comprising electronic and board games, outdoor games, consoles, pretend play/role play, and spy games. It also sells radio-controlled vehicles and animals; audio products, including CD players, speakers, headphones, and earbuds; lights, such as nightlights and lamps; music products, including Karaokes, mics, and music instruments; art and crafts products; digital cameras; communication products; walkie-talkies; musical products; video products, including digital cameras and DVD players; and educational computers. The company offers its products under the Lexibook, Decotech, iParty, Yeno, Powerman, Cyber, Arcade, Chessman, Acoustix, and Crosslander brands. It distributes its products through e-commerce sites. The company also exports its products. Lexibook - Linguistic Electronic System Société anonyme was founded in 1981 and is headquartered in Les Ulis, France.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Lexibook - Linguistic Electronic System Société anonyme reported revenue of €80.0M in FY2026 versus €45.2M in FY2022, a compound +15.3%/yr. Reported net income was €7.1M in FY2026, compounding +17.4%/yr from FY2022.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
€80.0M
Latest YoY
+8.1%
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.
+16.0%
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.
+23.9%
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.
−4.0%
Revenue +15.3%/yr
FY22 €45.2M
FY23 €51.2M
FY24 €58.6M
FY25 €74.0M
FY26 €80.0M
Net income +17.4%/yr
FY22 €3.7M
FY23 €3.0M
FY24 €5.0M
FY25 €7.4M
FY26 €7.1M

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Cite: Fair Value Calculator (2026). "Lexibook - Linguistic Electronic System Société anonyme Fair Value". https://www.fairvalue-calculator.com/stock/ALLEX

Peer Group

Leisure · 190 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 62 · Above median
Fair Value upside +72% · Top 25%
Return on equity (TTM) 31% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 24% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 8.9× · Cheaper than 75% of peers
P/B 2.39× · Pricier than median
P/S (TTM) 0.92× · Cheaper than median
P/FCF 10.3× · Pricier than median
EV/EBITDA 6.2× · Cheaper than median
PEG 2.14× · Pricier 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 14
FUTURE 100 · sector 18
PAST 100 · sector 19
HEALTH 98 · sector 94
DIVIDEND 0 · sector 51

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 Leisure stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

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Frequently asked questions

Is Lexibook - Linguistic Electronic System Société anonyme (ALLEX) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of €13.72 versus a price of €8.00, about +72% (undervalued).
What is the fair value of ALLEX?
Our model-based fair value for Lexibook - Linguistic Electronic System Société anonyme is €13.72 (as of Jul 13, 2026), built from audited fundamentals. The current price is €8.00.
What is the quality score of ALLEX?
Lexibook - Linguistic Electronic System Société anonyme has a Quality Score of 62/100. 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 Lexibook - Linguistic Electronic System Société anonyme (ALLEX)?
Lexibook - Linguistic Electronic System Société anonyme reported trailing-twelve-month revenue of about €79.8M (latest available figure, as of Jul 13, 2026).
What is the net profit margin of ALLEX?
The net profit margin of Lexibook - Linguistic Electronic System Société anonyme is about 8.6%, meaning it keeps roughly 8.6% of revenue as net income. 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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