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Ayvens (AYV) Fair Value & Analysis

Industrials · FR · Market cap €9.1B

A Ayvens AYV · PA
Price€11.58
Fair Value€24.73
Upside+113.6%
Quality44/100
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Expensive Growth
Thin margins · 4.2% net margin
High debt · negative free cash flow
Mixed vs. peers (6/13)
Narrow moat 41/100
Evidence: High Range €15.01 – €30.91 Share as image

Fair value as of: Jul 18, 2026

From 16 valuation models · updated 20 days ago

Fair value updated Jul 18, 2026, revised from €15.31 to €24.73 (+61.5%) since Jun 26, 2026. Share price −2.4% over the past month.

Below-average quality, screening 114% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (€15.01). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (€15.01 to €30.91) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€12.07 €4.32 Fair Value €24.73 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 €4.32 – €12.07 · fair‑value band €15.01 – €30.91 · the €11.58 price screens below the €24.73 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

Ayvens (AYV) currently trades at €11.58, while our model-based Fair Value estimate is €24.73, implying the stock looks roughly 113.6% undervalued today. We read business quality at 44/100 (below-average 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, Ayvens generated revenue of €25.0B at a net margin of 4.2%. Revenue declined 1.5% year over year. It earns a return on equity of 9.3%. Net debt stands at €34.3B. Fundamentals as of Jul 18, 2026

Our scenario range runs from €15.01 (bear case) to €30.91 (bull case); at €11.58, 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 about 3% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -21% fair-value upside, at 114%, AYV 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 BearBaseBull Evidence
Highest evidence
Residual Income €11.74 €12.63 €14.17 76
ROIC Compounder €0.3400 72
Gordon GGM €7.07 €14.09 €21.34 70
All 16 models by family
Earnings-Based
Graham-Dodd €8.01 €45.31 €62.97 54
Lynch FV €12.72 €18.17 €23.62 50
PEG = 1.0 €12.72 €18.17 €23.62 46
EPV €0.3400 59
Dividend Discount
Gordon GGM €7.07 €14.09 €21.34 70
DDM Multi-Stage €7.07 €12.18 €14.88 61
Multiples
P/E Multiple €17.66 €23.55 €29.43 63
P/S Multiple €15.01 €20.02 €25.02 58
P/B Multiple €15.01 €20.02 €25.02 55
EV/EBIT €13.92 €33.17 €52.42 53
EV/EBITDA €106.50 €156.60 €206.71 54
EV/Revenue €11.79 €28.47 43
Asset-Based
NCAV (Graham) €7.03 €9.42 €14.05 50
Economic Profit
Residual Income €11.74 €12.63 €14.17 76
ROIC Compounder €0.3400 72
Growth Earnings
Growth-Adj P/E €18.55 €26.50 €34.45 68

Widest divergence: Growth Earnings (€26.50) versus Asset-Based (€9.42). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) €25.0B
Revenue growth (YoY) -1.5%
Net margin 4.2%
Return on equity 9.3%
Free cash flow −€6.8B FY2025
P/E ratio 10.4
More key figures
Operating margin 12.5%
EPS (TTM) €1.11
EPS growth (YoY) +29.2%
Net debt €34.3B FY2025

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

Quality Score breakdown

Overall quality 44/100

Of which business quality 32 · Market factors (momentum, volatility) 68

Profitability 24
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 5
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 80
Distance to the 52-week high (market factor)
Net Issuance 41
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

Ayvens provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally. Its products and services include full-service leasing, fleet management, mobility solutions, consultancy services, car auctions, and sale or lease back for fleet managers and drivers.

Full company description

Ayvens provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally. Its products and services include full-service leasing, fleet management, mobility solutions, consultancy services, car auctions, and sale or lease back for fleet managers and drivers. The company was formerly known as ALD S.A. and changed its name to Ayvens in May 2024. Ayvens was incorporated in 1998 and is headquartered in Puteaux, France. Ayvens operates as a subsidiary of Société Générale Société anonyme.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ayvens reported revenue of €25.2B in FY2025 versus €10.4B in FY2021, a compound +24.6%/yr. Reported net income was €923M in FY2025, compounding +1.4%/yr from FY2021.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€25.2B
Latest YoY
−0.6%
Avg. growth/yr (3Y)
+30.4%
Avg. growth/yr (5Y)
+20.6%
Avg. growth/yr (9Y)
+15.6%
Revenue +24.6%/yr
FY21 €10.4B
FY22 €11.4B
FY23 €18.7B
FY24 €25.4B
FY25 €25.2B
Net income +1.4%/yr
FY21 €873M
FY22 €1.2B
FY23 €816M
FY24 €684M
FY25 €923M

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Cite: Fair Value Calculator (2026). "Ayvens Fair Value". https://www.fairvalue-calculator.com/stock/AYV

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Rental & Leasing Services · 96 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 44 · Below median
Fair Value upside +114% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth -2% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 3.30× · Higher than 75% of peers

Valuation Multiples vs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 10.4× · Cheaper than median
P/B 0.95× · Pricier than median
P/S (TTM) 0.42× · Cheaper than median
EV/EBITDA 13.5× · 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 51
FUTURE 0 · sector 18
PAST 37 · sector 26
HEALTH 0 · sector 69
DIVIDEND 0 · sector 34

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 Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,045 $449.86 -57%
Sunbelt Rentals Holdings SUNB $73.41 $65.76 -10%
AerCap Holdings AER $146.97 $301.51 +105%
U-Haul Holding UHAL $67.35 $7.21 -89%
Ryder System, Inc R $273.06 $111.57 -59%
Localiza Rent a Car S.A RENT3 R$40.35 R$37.01 -8%
Element Fleet Management Corp EFN C$29.83 C$15.06 -50%
BOC Aviation Limited 2588 HK$77.40 HK$18.61 -76%
GATX Corporation GATX $178.48 $140.90 -21%
Avis Budget Group CAR $156.35 $157.38 +1%

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Frequently asked questions

Is Ayvens (AYV) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of €24.73 versus a price of €11.58, about +114% (undervalued).
What is the fair value of AYV?
Our model-based fair value for Ayvens is €24.73 (as of Jul 18, 2026), built from audited fundamentals. The current price is €11.58.
What is the quality score of AYV?
Ayvens has a Quality Score of 44/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Ayvens (AYV)?
Ayvens reported trailing-twelve-month revenue of about €25.0B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of AYV?
The net profit margin of Ayvens is about 4.2%, meaning it keeps roughly 4.2% 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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