Edenred Malakoff (EDNMY) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Edenred Malakoff $24.04, price $15.62, upside +53.9%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Edenred Malakoff ADR for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $8.29 – $29.42 · fair‑value band $11.97 – $32.20 · the $15.62 price screens below the $24.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Edenred Malakoff ADR in your weekly email
Every Wednesday you see whether Edenred Malakoff ADR is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide.
Show more
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación, which allows users to pay for groceries in stores and supermarkets; Edenred Regalo, a gift voucher; Ticket CESU, a human services solution; Edenred City, a solution that enables the purchase of staples, such as food and fuel; Welfare Edenred, which employees can use to pay for various services, including access to sports facilities and solutions for their children's educational needs; Edenred Eco, a solution that encourages the purchase of environmentally friendly products in Belgium; and Kadéos Culture in France and Ticket Cultura in Brazil for cultural goods and services, as well as mobility solutions through Edenred Mobility. The company also offers mobility solutions comprising Ticket Car for employees to pay for fuel and other business travel expenses; Empresarial, which enables companies to control spending to reimburse expense claims; Cintelink, a smart cloud platform for service stations and commercial fleets; UTA Edenred, a fuel card; Ticket Fleet Pro for truck fleet management; Edenred Finance that provides refund services to European transportation companies; The Right Fuel Card, a fuel card manager; and Spirii, a platform for recharging electric vehicles. In addition, it provides complementary solutions comprising corporate payment, incentive and rewards, salary card solutions; and benefits and engagement programs. Edenred SE was founded in 1962 and is headquartered in Issy-les-Moulineaux, France.
Stock analysis
Edenred Malakoff ADR (EDNMY) currently trades at $15.62, while our model-based Fair Value estimate is $24.04, implying the stock looks roughly 35.0% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $20.13 per share, and 5 of the 10 models we run sit above the $15.62 price.
Bear case: the Earnings-Based group reads lowest at $6.60, and 5 of the 10 models stay below the price. Evidence for this calculation is medium.
Scenario range: $11.97 (bear) to $32.20 (bull), the price of $15.62 sits inside 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 62/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Edenred Malakoff ADR reported revenue of €2.6B in FY2025 versus €1.6B in FY2021, a compound +13.5%/yr. Reported net income was €500M in FY2025, compounding +12.4%/yr from FY2021.
Key figures
Market cap $7.5B · P/E ratio 12.7 · P/S ratio 2.42 · EPS (TTM) $1.23 · Dividend yield 8.5% · Net margin 19.1% · Return on assets (EBIT) 6.0% · Operating margin 32.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 12% below its 52-week high and 88% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −32% fair-value upside, at 54%, EDNMY screens cheaper than that median.
Fair Value models
Bear $11.97Fair Value $24.04Bull $32.20
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.
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.87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−8.1%
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.
+10.5%
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.
+13.0%
Start year 2020 (pandemic). Over 10 years: +10.1% a year
Revenue growth 18 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.
−6.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘ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. Basis: EBIT basis.
+20.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.3%
Dividend (yield on the price)8.5%
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.12% vs 11%, steady
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.30% → 32%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−12.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in EUR, euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −13.9% a year for the price and +4.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (84 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Credit Services · 330 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside+54% · Above median
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets4% · Above median
Net margin (TTM)19% · Below median
Operating margin (TTM)33% · Above median
Growth and dividend
Revenue growth4% · Below median
Dividend yield (TTM)8.5% · Top 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Credit Services median · lower = cheaper
P/E (TTM)12.7× · Pricier than median
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (TTM)2.73× · Pricier than median
P/FCF8.6× · Priciest 25%
EV/EBITDA8.1× · Cheaper than median
PEG1.63× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)100· sector 48
FUTURE (revenue growth)21· sector 39
PAST (return on equity)0· sector 32
HEALTH (low debt)0· sector 59
DIVIDEND (yield)100· sector 66
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
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.
Is Edenred Malakoff (EDNMY) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $24.04 versus a price of $15.62, about +54% upside (undervalued).
What is the fair value of EDNMY?
Our model-based fair value for Edenred Malakoff ADR is $24.04 (as of Sep 24, 2026), built from audited fundamentals. The current price: $15.62.
What is the quality score of EDNMY?
Edenred Malakoff ADR has a Quality Score of 62/100. 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 Edenred Malakoff (EDNMY)?
Our model-based price target is the fair value of $24.04 (as of Sep 24, 2026) from 10 valuation models. Cautious scenario $11.97, optimistic scenario $32.20. It is a calculation from audited fundamentals, not an analyst target.
What is the Edenred Malakoff ADR stock forecast for 2026?
Our models put fair value at $24.04, about +54% upside versus a price of $15.62 (undervalued). Cautious scenario $11.97, optimistic scenario $32.20. The calculation is refreshed regularly with new filings.
What is the revenue of Edenred Malakoff (EDNMY)?
Edenred Malakoff ADR reported trailing-twelve-month revenue of about €2.7B (latest available figure, as of Sep 24, 2026).
Does Edenred Malakoff ADR pay a dividend?
Edenred Malakoff ADR currently shows a dividend yield of about 8.51% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Edenred Malakoff (EDNMY)?
For today's price to be fair in a discounted-cash-flow model, Edenred Malakoff ADR would have to grow free cash flow by -12.0 % per year for five years (discount rate 8.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +13.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of EDNMY use?
Our models discount Edenred Malakoff ADR at 8.8 %: a base by market capitalisation (mid), damped by beta 0.62, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Edenred Malakoff ADR that is -12.0 % per year a year over ten years, using the same discount rate (8.8 %) and the same formula as our fair value.
How much growth has Edenred Malakoff (EDNMY) delivered so far?
Over the past 5 years revenue at Edenred Malakoff ADR grew +13.0 % a year. The price currently implies -12.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Edenred Malakoff (EDNMY) growing?
The median revenue growth in the sector is +8.4 % a year. That is the yardstick for the growth priced into Edenred Malakoff ADR (-12.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Edenred Malakoff (EDNMY)?
The free-cash-flow yield on the price is 13.22 %: that much free cash flow Edenred Malakoff ADR produces per unit of market value. When it exceeds the discount rate of our models (8.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Edenred Malakoff (EDNMY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Edenred Malakoff ADR it is $24.04 per share (as of Sep 24, 2026), against a price of $15.62. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Edenred Malakoff ADR stock overvalued or undervalued in 2026?
As of Sep 24, 2026, EDNMY trades below its calculated fair value: price $15.62, fair value $24.04, a gap of about +54% (undervalued). 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 EDNMY?
No. The price is what the market pays today ($15.62); the fair value is what the company's own numbers justify ($24.04). For Edenred Malakoff ADR the two are $8.42 per share apart. That gap is exactly why we show both numbers side by side.
How much is Edenred Malakoff ADR worth?
The market values Edenred Malakoff ADR at about $7.5B (market capitalisation, as of Sep 24, 2026). Per share that is $15.62; our models calculate a fair value of $24.04 per share.
What do the bullish and bearish scenarios say about EDNMY?
Our models span a range for Edenred Malakoff ADR: cautious scenario $11.97, base $24.04, optimistic $32.20 per share (as of Sep 24, 2026, price $15.62). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EDNMY?
Edenred Malakoff ADR trades at a price-to-earnings ratio of 12.7 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $24.04 is built from several models across several years. Other multiples: PEG 1.6, P/S 2.7, EV/EBITDA 8.1.
What is the PEG ratio of EDNMY?
The PEG ratio of Edenred Malakoff ADR is 1.63 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Edenred Malakoff (EDNMY)?
Balance-sheet figures for Edenred Malakoff ADR (as of Sep 24, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is EDNMY from its 52-week high?
Edenred Malakoff ADR trades at $15.62, about 12% below its 52-week high of $17.80 and 88% above the low of $8.29 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $24.04 is for.
Which stocks are comparable to Edenred Malakoff ADR?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, 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 Edenred Malakoff ADR stock attractive at the current price?
The data as of Sep 24, 2026: price $15.62, calculated fair value $24.04 (+54%), Quality Score 62/100, 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 EDNMY calculated?
We run Edenred Malakoff ADR through 10 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $24.04, 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 14.1 % above its aggregate fair value. Edenred Malakoff ADR currently trades 54 % below its own fair value, and the market average says nothing about that. 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 Edenred Malakoff (EDNMY)?
The closing price on Sep 23, 2026 was $15.62. Our model-based fair value is $24.04, about +54% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Edenred Malakoff ADR right now?
The model range is unusually wide ($11.97 to $32.20). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Edenred Malakoff (EDNMY) come from?
Earnings per share at Edenred Malakoff ADR grew +9.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +10.5 %, EBIT margin +1.8 %, tax rate −0.1 %, residual (interest, one-offs) −2.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Edenred Malakoff ADR
How large is the market capitalisation of Edenred Malakoff (EDNMY)?
The market capitalisation of Edenred Malakoff ADR is $7.5B. 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 Edenred Malakoff (EDNMY)?
The price-to-sales ratio of Edenred Malakoff ADR is 2.42 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Edenred Malakoff (EDNMY)?
Earnings per share at Edenred Malakoff ADR are $1.23 (price ÷ EPS = P/E 12.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Edenred Malakoff (EDNMY)?
The dividend yield of Edenred Malakoff ADR is 8.5% (payout 108%). 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 Edenred Malakoff (EDNMY)?
The net margin of Edenred Malakoff ADR is 19.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Edenred Malakoff (EDNMY)?
On an EBIT basis the return on assets of Edenred Malakoff ADR is 6.0% (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 Edenred Malakoff (EDNMY)?
The operating margin of Edenred Malakoff ADR is 32.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Edenred Malakoff (EDNMY)?
Revenue at Edenred Malakoff ADR is growing +4.1% versus a year earlier (3y avg +10.5%). 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 Edenred Malakoff (EDNMY)?
Earnings per share at Edenred Malakoff ADR are growing +4.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Edenred Malakoff (EDNMY) hold?
Edenred Malakoff ADR holds more cash than debt, €420M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Edenred Malakoff ADR in the live analysis
One click puts Edenred Malakoff ADR on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Some data
Sep 24, 2026