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Sogeclair SA (ALSOG) Fair Value & Analysis

Industrials · FR · Market cap €117M

SS Sogeclair SA ALSOG · PA
Price€33.30
Fair Value€39.27
Upside+17.9%
Quality60/100
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Healthy Growth
Thin margins · 3.6% net margin
Low debt · generates free cash flow
2.60% dividend yield
Ranks above peers (12/15)
Narrow moat 44/100
Evidence: Medium Range €29.45 – €49.09 Share as image

Fair value as of: Jul 18, 2026

From 25 valuation models · updated 23 days ago

Share price −11.2% over the past month.

A solid business, screening 18% undervalued on our models.

What matters now

  • Our model range runs from €29.45 (bear) to €49.09 (bull), base €39.27. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

€40.80 €13.39 Fair Value €39.27 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range €13.39 – €40.80 · fair‑value band €29.45 – €49.09 · the €33.30 price screens below the €39.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Sogeclair SA (ALSOG) currently trades at €33.30, while our model-based Fair Value estimate is €39.27, implying the stock looks roughly 17.9% undervalued today. The Quality Score stands at 60/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Sogeclair SA generated revenue of €160M at a net margin of 3.6%. Revenue grew 2.3% year over year. It earns a return on equity of 10.4%. Net debt stands at €3.1M. Fundamentals as of Jul 18, 2026

Our scenario range runs from €29.45 (bear case) to €49.09 (bull case); at €33.30, the current price sits within 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 about 18% below its 52-week high and 50% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at 18%, ALSOG 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 €42.06 €52.32 €63.61 80
Residual Income €13.79 €15.01 €17.50 76
Rev-Margin DCF €34.58 €47.57 €61.63 74
All 25 models by family
DCF Models
FCF DCF €41.60 €52.93 €65.94 38
Owner Earnings €33.01 €41.82 €51.94 31
5Y Revenue Exit €34.58 €46.84 €61.53 39
5Y EBITDA Exit €47.14 €69.05 €93.25 41
5Y P/E Exit €34.47 €46.65 €58.50 38
10Y Revenue Exit €36.88 €47.31 €59.57 36
10Y EBITDA Exit €44.17 €60.10 €79.21 37
10Y P/E Exit €37.41 €47.20 €57.69 35
Earnings-Based
Graham-Dodd €12.72 €29.11 €37.33 54
PEG = 1.0 €4.86 €6.94 €9.02 46
EPV €21.39 €23.61 €25.40 59
Dividend Discount
Gordon GGM €6.69 €9.67 €12.31 70
DDM Multi-Stage €6.69 €8.98 €11.04 61
Multiples
P/E Multiple €29.45 €39.27 €49.09 63
P/S Multiple €23.84 €31.79 €39.74 58
P/B Multiple €23.84 €31.79 €39.74 55
EV/EBIT €41.77 €54.70 €67.64 53
EV/EBITDA €59.04 €77.74 €96.43 54
EV/Revenue €30.66 €42.53 €54.40 43
Asset-Based
NCAV (Graham) €8.43 €11.29 €16.86 50
Growth DCF
Growth DCF €42.06 €52.32 €63.61 80
Rev-Margin DCF €34.58 €47.57 €61.63 74
Economic Profit
Residual Income €13.79 €15.01 €17.50 76
ROIC Compounder €21.78 €24.70 €27.58 72
Growth Earnings
Growth-Adj P/E €22.13 €31.61 €41.09 68

Widest divergence: Growth DCF (€47.57) versus Dividend Discount (€8.98). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €160M
Revenue growth (YoY) +2.3%
Net margin 3.6%
Return on equity 10.4%
Free cash flow €15.1M FY2025
P/E ratio 20.1
More key figures
Operating margin 11.3%
EPS (TTM) €1.87
Dividend yield 2.7%
EPS growth (YoY) +12.7%
Net debt €3.1M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 59

Profitability 39
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 49
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

Sogeclair SA provides engineering and production services to the aeronautics, space, civil and military transport in France. It operates through three divisions: Aerospace, Vehicle, and Simulation.

Full company description

Sogeclair SA provides engineering and production services to the aeronautics, space, civil and military transport in France. It operates through three divisions: Aerospace, Vehicle, and Simulation. The company engages in the provision of engineering services in aerostructures, cabins, systems, and manufacturing engineering and tooling services; and design and manufacture of complex structural thermoplastic products, additive manufacturing, and cockpit equipment, as well as cabin furniture and mechanism. It's also involved in the design and production of special civilian and military vehicles, as well as terrestrial drones, multi-mission platforms, and adapting vehicles. In addition, the company engages in the design and supply of turnkey simulators; and development of software simulation platforms. Sogeclair SA was incorporated in 1986 and is headquartered in Blagnac, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sogeclair SA reported revenue of €160M in FY2025 versus €121M in FY2021, a compound +7.3%/yr. Reported net income was €5.7M in FY2025, compounding +21.2%/yr from FY2021.

Growth Quality 70/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€160M
Latest YoY
+2.1%
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.
+5.9%
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.
+5.4%
Avg. growth/yr (9Y) 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.
+1.8%
Revenue +7.3%/yr
FY21 €121M
FY22 €135M
FY23 €148M
FY24 €157M
FY25 €160M
Net income +21.2%/yr
FY21 €2.6M
FY22 €2.0M
FY23 €3.1M
FY24 €4.4M
FY25 €5.7M

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

Peer Group

Aerospace & Defense · 226 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 60 · Above median
Fair Value upside +18% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 11% · Above median
Revenue growth 2% · Below median
Dividend yield (TTM) 2.6% · Top 25%
Debt / equity 0.28× · Higher than median

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

P/E (TTM) 20.6× · Cheaper than 75% of peers
P/B 2.63× · Cheaper than median
P/S (TTM) 0.84× · Cheaper than 75% of peers
P/FCF 8.9× · Cheaper than median
EV/EBITDA 9.9× · Cheaper than 75% of peers
PEG 1.26× · Cheaper than median

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 57 · sector 0
FUTURE 12 · sector 46
PAST 42 · sector 38
HEALTH 86 · sector 94
DIVIDEND 52 · sector 15

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $381.22 $116.71 -69%
RTX Corporation RTX $195.93 $88.37 -55%
Airbus SE 1AIR €213.25 €86.20 -60%
The Boeing Company BA $217.11 $48.20 -78%
China CSSC Holdings 600150 ¥34.31 ¥21.90 -36%
HD Hyundai Heavy Industries Co 329180 466,000 KRW 272,966 KRW -41%
Hanwha Aerospace Co 012450 967,000 KRW 573,468 KRW -41%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 337.50 TRY 130.70 TRY -61%
Saab AB SAABB kr 520.40 kr 212.84 -59%
Kongsberg Gruppen ASA KOG kr 277.50 kr 106.93 -61%

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Frequently asked questions

Is Sogeclair SA (ALSOG) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of €39.27 versus a price of €33.30, about +18% (undervalued).
What is the fair value of ALSOG?
Our model-based fair value for Sogeclair SA is €39.27 (as of Jul 18, 2026), built from audited fundamentals. The current price is €33.30.
What is the quality score of ALSOG?
Sogeclair SA has a Quality Score of 60/100. 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 Sogeclair SA (ALSOG)?
Sogeclair SA reported trailing-twelve-month revenue of about €160M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of ALSOG?
The net profit margin of Sogeclair SA is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does Sogeclair SA pay a dividend?
Sogeclair SA currently shows a dividend yield of about 2.66% relative to its recent price (as of Jul 18, 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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