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Mare Nostrum SA (ALMAR) Fair Value & Analysis

Industrials · FR · Market cap €4.6M

MN Mare Nostrum SA ALMAR · PA
Price€0.5700
Fair Value€0.7316
Upside+28.4%
Quality53/100
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Evidence: High Range €0.5986 – €0.8472

Fair value as of: Jul 14, 2026

From 16 valuation models · updated today

Fair value updated Jul 14, 2026 — revised from €27.84 to €0.7316 (−97.4%) since Jun 24, 2026. Share price −13.6% over the past month.

Price vs Fair Value (12 months)

€1.12 €0.2910 Fair Value €0.7316 Jul 2025 Jul 2026

12‑month range €0.2910 – €1.12 · fair‑value band €0.5986 – €0.8472 · the €0.5700 price screens below the €0.7316 fair value. As of Jul 14, 2026.

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Analysis

Mare Nostrum SA (ALMAR) currently trades at €0.5700, while our model-based Fair Value estimate is €0.7316 — implying the stock looks roughly 28.4% undervalued today. We read business quality at 53/100 (solid 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: high) — always confirm before acting.

Over the trailing twelve months, Mare Nostrum SA generated revenue of €110M at a net margin of 21.3%. Revenue grew 0.1% year over year. Net debt stands at €15.8M. The stock trades on a trailing P/E of 0.3. Fundamentals as of Jul 14, 2026

Our scenario range runs from €0.5986 (bear case) to €0.8472 (bull case); at €0.5700, the current price sits below that range. The share trades about 52% below its 52-week high and 97% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 47% fair-value upside — at 28%, ALMAR screens richer than that median.

Key figures & financial health

Revenue (TTM) €110M
Revenue growth (YoY) +0.1%
Net margin 21.3%
Return on equity -326%
Free cash flow €4.9M FY2025
P/E ratio 0.3
More key figures
Operating margin 18.2%
EPS (TTM) €1.91
Net debt €15.8M FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

Mare Nostrum SA provides human resources management services worldwide. It offers temporary work, recruitment, and training services, as well as wage portage and professional mobility services. Mare Nostrum SA was incorporated in 2004 and is headquartered in Grenoble, France.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mare Nostrum SA reported revenue of €110M in FY2025 versus €156M in FY2021, a compound −8.4%/yr. Reported net income was €23.4M in FY2025.

Revenue −8.4%/yr
FY21 €156M
FY22 €172M
FY23 €170M
FY24 €121M
FY25 €110M
Net income
FY21 −€536K
FY22 −€2.1M
FY23 −€11.7M
FY24 −€9.9M
FY25 €23.4M

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Cite: Fair Value Calculator (2026). "Mare Nostrum SA Fair Value". https://www.fairvalue-calculator.com/stock/ALMAR

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Frequently asked questions

Is Mare Nostrum SA (ALMAR) undervalued?
As of Jul 14, 2026, our model estimates a fair value of €0.7316 versus a price of €0.5700 — about +28% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ALMAR?
Our model-based fair value for Mare Nostrum SA is €0.7316 (as of Jul 14, 2026), built from audited fundamentals. The current price is €0.5700.
What is the quality score of ALMAR?
Mare Nostrum SA has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mare Nostrum SA (ALMAR)?
Mare Nostrum SA reported trailing-twelve-month revenue of about €110M (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ALMAR?
The net profit margin of Mare Nostrum SA is about 21.3%, meaning it keeps roughly 21.3% 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.