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COFACE SA (COFA) Fair Value & Analysis

Financial Services · FR · Market cap €2.2B

CS COFACE SA COFA · PA
Price€15.00
Fair Value€19.31
Upside+28.7%
Quality95/100
Evidence: High Range €14.48 – €24.13

Fair value as of: Jun 26, 2026

From 25 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from €15.86 to €19.31 (+21.8%) since Jun 24, 2026. Share price +0.7% over the past month.

Price vs Fair Value (12 months)

€15.50 €13.25 Fair Value €19.31 Jul 2025 Jun 2026

12‑month range €13.25 – €15.50 · fair‑value band €14.48 – €24.13 · the €15.00 price screens below the €19.31 fair value. As of Jun 26, 2026.

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Analysis

COFACE SA (COFA) currently trades at €15.00, while our model-based Fair Value estimate is €19.31 — implying the stock looks roughly 28.7% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services 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, COFACE SA generated revenue of €1.8B at a net margin of 11.7%. Revenue declined 0.1% year over year. It earns a return on equity of 9.5%. Net debt stands at €1.8B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €1.8B
Revenue growth (YoY) -0.1%
Net margin 11.7%
Return on equity 9.5%
Free cash flow €160M FY2025
P/E ratio 10.5
More key figures
Operating margin 18.5%
EPS (TTM) €1.43
Dividend yield 8.4%
EPS growth (YoY) -13.7%
Net debt €1.8B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

COFACE SA, through its subsidiaries, provides trade credit insurance products and services for small and medium enterprises, mid-market companies, international corporations, international companies, financial institutions, and clients of distribution partners. It offers insurance products, including TradeLiner; EasyLiner, a range of contracts for small and medium enterprises; GlobaLiner, that offers multinationals services, and management and oversight tools; CofaNet, a central internet portal that enables policyholders to manage their contracts; Coface Dashboard, a tool providing client risk analyses and reports; CofaMove, a mobile app that includes the key features of CofaNet; CofaServe, an API offer; and AlyX, a credit risk management software, as well as Single Risk medium-term insurance for commercial and political risks. The company also provides business information, debt collection, factoring and surety bonds services. In addition, it offers contract surety bonds, customs a…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

COFACE SA reported revenue of €1.9B in FY2025 versus €1.3B in FY2021, a compound +10.3%/yr. Reported net income was €222M in FY2025, compounding −0.2%/yr from FY2021.

Revenue +10.3%/yr
FY21 €1.3B
FY22 €1.6B
FY23 €1.6B
FY24 €1.6B
FY25 €1.9B
Net income −0.2%/yr
FY21 €224M
FY22 €240M
FY23 €241M
FY24 €261M
FY25 €222M

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Frequently asked questions

Is COFACE SA (COFA) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €19.31 versus a price of €15.00 — about +29% (undervalued). Model-based estimate, not financial advice.
What is the fair value of COFA?
Our 21-model fair value for COFACE SA is €19.31 (as of Jun 26, 2026), built from audited fundamentals. The current price is €15.00.
What is the quality score of COFA?
COFACE SA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of COFACE SA (COFA)?
COFACE SA reported trailing-twelve-month revenue of about €1.8B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of COFA?
The net profit margin of COFACE SA is about 11.7%, meaning it keeps roughly 11.7% of revenue as net income. Based on the latest reported figures.
Does COFACE SA pay a dividend?
COFACE SA currently shows a dividend yield of about 8.38% relative to its recent price (as of Jun 26, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.