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Aeta SA (ELGS) Fair Value & Analysis

Technology · RO · Market cap 23.4M RON

AS Aeta SA ELGS · RO
Price0.2000 RON
Fair Value0.0900 RON
Upside-55.0%
Quality46/100
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Evidence: Medium Range 0.0600 RON – 0.0900 RON

Fair value as of: Jul 16, 2026

From 9 valuation models · updated yesterday

Fair value updated Jul 16, 2026, revised from 2.28 RON to 0.0900 RON (−96.1%) since Jun 24, 2026.

Price vs Fair Value (12 months)

0.3100 RON 0.1330 RON Fair Value 0.0900 RON Jun 2025 Jun 2026

12‑month range 0.1330 RON – 0.3100 RON · fair‑value band 0.0600 RON – 0.0900 RON · the 0.2000 RON price screens above the 0.0900 RON fair value. As of Jul 16, 2026.

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Analysis

Aeta SA (ELGS) currently trades at 0.2000 RON, while our model-based Fair Value estimate is 0.0900 RON, implying the stock looks roughly 55.0% overvalued today. We read business quality at 46/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Aeta SA generated revenue of 28.6M RON at a net margin of -30.8%. Revenue declined 83.3% year over year. It earns a return on equity of -30.0%. Net debt stands at 13.1M RON. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.0600 RON (bear case) to 0.0900 RON (bull case); at 0.2000 RON, the current price sits above that range. The share trades about 39% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -55%, ELGS screens richer than that median.

Key figures & financial health

Revenue (TTM) 28.6M RON
Revenue growth (YoY) -83.3%
Net margin -30.8%
Return on equity -30.0%
Free cash flow 4.7M RON FY2023
Operating margin -76.1%
More key figures
EPS (TTM) -0.1000 RON
Net debt 13.1M RON FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

Aeta SA engages in the manufacture and marketing of consumer electrical goods for industrial manufacturers in Romania. It manufactures and sells plastic injected parts, subassemblies, kits and pad-printed marks. The company offers thermostat devices for injection machines, household electrical appliances, household appliances, professional appliances for semi-industrial and hotel use, equipment industrial and parts/subassemblies intended for industrial manufacturers. In addition, it provides EA vacuum cleaner; coffee grinder and dryer; consumer electrotechnical goods; portable power tools; dust and liquids vacuum cleaner; electric fan heater; incubators; and agricultural mill. The company serves manufacturers and distributors in the home appliance and household goods sectors. It sells its products through distributors and direct sales. The company also exports its products. The company was formerly known as S.C. Electroarges S.A. and changed its name to Aeta SA in August 2024. Aeta …

Revenue & earnings trend

FY2020 – FY2023 · reported fiscal years

Aeta SA reported revenue of 38.9M RON in FY2023 versus 248M RON in FY2020, a compound −46.1%/yr. Reported net income was −10.1M RON in FY2023.

Revenue −46.1%/yr
FY20 248M RON
FY21 305M RON
FY22 78.7M RON
FY23 38.9M RON
Net income
FY20 −18.9M RON
FY21 −8.5M RON
FY22 −18.4M RON
FY23 −10.1M RON

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

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Frequently asked questions

Is Aeta SA (ELGS) undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.0900 RON versus a price of 0.2000 RON, about −55% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ELGS?
Our model-based fair value for Aeta SA is 0.0900 RON (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.2000 RON.
What is the quality score of ELGS?
Aeta SA has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aeta SA (ELGS)?
Aeta SA reported trailing-twelve-month revenue of about 28.6M RON (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ELGS?
The net profit margin of Aeta SA is about -30.8%, meaning it is currently running at a net loss. 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.