Artois Nom. (ARTO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Artois Nom. stock €745, price €8,550, that is 91.3% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range €3,167 – €12,810 · fair‑value band €559.10 – €931.84 · the €8,550 price screens above the €745.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Société Industrielle et Financière de l'Artois Société anonyme designs, manufactures, markets, and sells terminals, bollards, access control, and automatic identification systems. The company operates in France, Europe, the Asia-Pacific, and the Americas.
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The company was incorporated in 1998 and is headquartered in Puteaux, France.
Stock analysis
Artois Nom. (ARTO) currently trades at €8,550, while our model-based Fair Value estimate is €745.47, 91% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of €5,237 per share, and 1 of the 10 models we run sit above the €8,550 price.
Bear case: the Earnings-Based group reads lowest at €275.64, and 9 of the 10 models stay below the price. Data coverage for this calculation is low.
Scenario range: €559.10 (bear) to €931.84 (bull), the price of €8,550 sits above 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 41/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Artois Nom. reported revenue of €137M in FY2025 versus €120M in FY2021, a compound +3.3%/yr. Reported net income was €8.3M in FY2025, compounding −9.1%/yr from FY2021.
Key figures
Market cap €2.3B Mid · P/E ratio 306.9 · P/S ratio 16.2 · EPS (TTM) €27.86 · Dividend yield 0.8% · Net margin 5.3% · Return on equity 0.0% · Return on assets (EBIT) −0.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −91%, ARTO screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (€275.64 to €49,546). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear€559.10Fair Value €745.47Bull€931.84
Price €8,550 · Downside -91.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Owner Earnings€1,633€1,739€1,93977
Residual Income€4,974€5,237€5,61576
Gordon GGM€332.49€363.94€411.8869
All 10 models by family
DCF Models
Owner Earnings€1,633€1,739€1,93977
Earnings-Based
Graham-Dodd€212.99€275.64€315.2667
Dividend Discount
Gordon GGM€332.49€363.94€411.8869
DDM Multi-Stage€332.49€421.72€543.8167
Multiples
P/E Multiple€657.77€877.02€1,09663
P/S Multiple€399.36€532.48€665.6057
P/B Multiple€37,160€49,546€61,93355
Asset-Based
NCAV (Graham)€3,409€5,165€6,45654
Economic Profit
Residual Income€4,974€5,237€5,61576
Growth Earnings
Growth-Adj P/E€460.09€657.27€854.4567
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.22/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−14.8%
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.
−2.6%
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.
+1.3%
Start year 2020 (pandemic). Over 10 years: −1.1% a year
Revenue growth 25 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.
+0.3%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
≈ +26.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +25.3%
Dividend (yield on the price)0.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 41.6% / 19.9%
Profit margin 2020 to 2025 ⓘ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.18% → −10%
2025 sits 189% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 45.8 per share, median 352 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
Price, fair value, quality and upside side by side.
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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.Computer Hardware · 213 stocks
Beats the industry median on 2/12 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−91.3% · Bottom 25%
Profitability
Return on equity (12 months)0.0% · Below median
Return on assets0.7% · Below median
Net margin (12 months)9.9% · Above median
Operating margin (12 months)−9.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)5.7% · Below median
Dividend yield (12 months)0.8% · Bottom 25%
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/E (12 months)306.9× · Priciest 25%
P/B1.03× · Cheapest 25%
P/S (12 months)30.36× · Priciest 25%
PEG2.65× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)29· sector 83
PAST (return on equity)0· sector 33
HEALTH (low debt)100· sector 97
DIVIDEND (yield)16· sector 52
VALUE 0: the price sits above our fair-value range.
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.
Cite: Fair Value Calculator (2026). "Artois Nom. Fair Value". https://www.fairvalue-calculator.com/stock/ARTO
Frequently asked questions
Is Artois Nom. (ARTO) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of €745.47 versus a price of €8,550, about 91% lower (overvalued).
What is the fair value of ARTO?
Our model-based fair value for Artois Nom. is €745.47 (as of Nov 4, 2026), built from audited fundamentals. The current price: €8,550.
What is the quality score of ARTO?
Artois Nom. has a Quality Score of 41/100. 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 Artois Nom. (ARTO)?
Our model-based price target is the fair value of €745.47 (as of Nov 4, 2026) from 10 valuation models. Cautious scenario €559.10, optimistic scenario €931.84. It is a calculation from audited fundamentals, not an analyst target.
What is the Artois Nom. stock forecast for 2026?
Our models put fair value at €745.47, about 91% lower versus a price of €8,550 (overvalued). Cautious scenario €559.10, optimistic scenario €931.84. The calculation is refreshed regularly with new filings.
What is the revenue of Artois Nom. (ARTO)?
Artois Nom. reported trailing-twelve-month revenue of about €141M (latest available figure, as of Nov 4, 2026).
Does Artois Nom. pay a dividend?
Artois Nom. currently shows a dividend yield of 0.80% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Artois Nom. (ARTO) and when is the ex-dividend date?
Artois Nom. pays a dividend of €68.00 per share a year, a dividend yield of 0.8%. The last ex-dividend date was Oct 5, 2026. A dividend has been paid every year since 2011. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What is the intrinsic value of Artois Nom. (ARTO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Artois Nom. it is €745.47 per share (as of Nov 4, 2026), against a price of €8,550. It is the blended result of 10 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Artois Nom. stock overvalued or undervalued in 2026?
As of Nov 4, 2026, ARTO trades above its calculated fair value: price €8,550, fair value €745.47, a gap of about −91% (overvalued). 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 ARTO?
No. The price is what the market pays today (€8,550); the fair value is what the company's own numbers justify (€745.47). For Artois Nom. the two are €7,805 per share apart. That gap is exactly why we show both numbers side by side.
How much is Artois Nom. worth?
The market values Artois Nom. at about €2.3B (market capitalisation, as of Nov 4, 2026). Per share that is €8,550; our models calculate a fair value of €745.47 per share.
What do the bullish and bearish scenarios say about ARTO?
Our models span a range for Artois Nom.: cautious scenario €559.10, base €745.47, optimistic €931.84 per share (as of Nov 4, 2026, price €8,550). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ARTO?
Artois Nom. trades at a price-to-earnings ratio of 306.9 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €745.47 is built from several models across several years. Other multiples: PEG 2.7, P/B 1.0, P/S 30.4.
What is the PEG ratio of ARTO?
The PEG ratio of Artois Nom. is 2.65 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Artois Nom. (ARTO)?
Balance-sheet figures for Artois Nom. (as of Nov 4, 2026): return on equity 0.0%. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is ARTO from its 52-week high?
Artois Nom. trades at €8,550, about 15% below its 52-week high of €10,000 and 2% above the low of €8,400 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €745.47 is for.
Which stocks are comparable to Artois Nom.?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 Artois Nom. stock attractive at the current price?
The data as of Nov 4, 2026: price €8,550, calculated fair value €745.47 (−91%), Quality Score 41/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ARTO calculated?
We run Artois Nom. through 10 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €745.47 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Artois Nom. itself currently trades above fair value. 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 Artois Nom. (ARTO)?
The closing price on Nov 6, 2026 was €8,550. Our model-based fair value is €745.47, about 91% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Artois Nom. right now?
The price sits above even our optimistic bull case (€931.84). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Artois Nom.
How large is the market capitalisation of Artois Nom. (ARTO)?
The market capitalisation of Artois Nom. is €2.3B. 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 Artois Nom. (ARTO)?
The price-to-sales ratio of Artois Nom. is 16.2 (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 Artois Nom. (ARTO)?
Earnings per share at Artois Nom. are €27.86 (price ÷ EPS = P/E 306.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Artois Nom. (ARTO)?
The dividend yield of Artois Nom. is 0.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Artois Nom. (ARTO)?
The net margin of Artois Nom. is 5.3% (last twelve months). 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 Artois Nom. (ARTO)?
The return on equity (ROE) of Artois Nom. is 0.0% (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 Artois Nom. (ARTO)?
On an EBIT basis the return on assets of Artois Nom. is −0.3% (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 Artois Nom. (ARTO)?
The operating margin of Artois Nom. is −9.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Artois Nom. (ARTO)?
Revenue at Artois Nom. is growing +5.7% versus a year earlier (3y avg −2.6%). 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 Artois Nom. (ARTO)?
Earnings per share at Artois Nom. are growing −13.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Artois Nom. (ARTO) generate?
The free cash flow of Artois Nom. is −€18.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Artois Nom. (ARTO) hold?
Artois Nom. holds more cash than debt, €611M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026