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Elis SA (ELIS) Fair Value & Analysis

Industrials · FR · Market cap €5.4B

ES Elis SA ELIS · PA
Price€24.48
Fair Value€32.82
Upside+34.1%
Quality56/100
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Expensive Growth
Thin margins · 7.6% net margin
Moderate debt · generates free cash flow
1.87% dividend yield
Ranks above peers (10/14)
Moderate moat 47/100
Evidence: High Range €17.93 – €44.88 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 24 days ago

Fair value updated Jul 16, 2026, revised from €33.67 to €32.82 (−2.5%) since Jun 24, 2026. Share price −7.1% over the past month.

A solid business, screening 34% undervalued on our models.

What matters now

  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€17.93 to €44.88) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€28.20 €9.55 Fair Value €32.82 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €9.55 – €28.20 · fair‑value band €17.93 – €44.88 · the €24.48 price screens below the €32.82 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Elis SA (ELIS) currently trades at €24.48, while our model-based Fair Value estimate is €32.82, implying the stock looks roughly 34.1% undervalued today. The Quality Score stands at 56/100 (solid 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, Elis SA generated revenue of €4.8B at a net margin of 7.6%. Revenue grew 5.4% year over year. It earns a return on equity of 9.9%. Net debt stands at €3.7B. Fundamentals as of Jul 16, 2026

Our scenario range runs from €17.93 (bear case) to €44.88 (bull case); at €24.48, the current price sits within 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 12% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at 34%, ELIS 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
Growth DCF €19.37 €38.06 €67.00 80
Residual Income €15.23 €16.72 €23.42 76
Rev-Margin DCF €17.01 €35.29 €57.94 74
All 26 models by family
DCF Models
FCF DCF €19.39 €39.31 €71.00 38
Owner Earnings €13.35 €29.23 €54.48 31
5Y Revenue Exit €17.01 €35.54 €60.02 39
5Y EBITDA Exit €42.26 €85.70 €139.22 41
5Y P/E Exit €15.91 €33.35 €52.52 38
10Y Revenue Exit €16.72 €34.07 €59.23 36
10Y EBITDA Exit €33.69 €69.26 €121.76 37
10Y P/E Exit €16.86 €32.54 €53.30 35
Earnings-Based
Graham-Dodd €11.63 €47.11 €64.10 54
Lynch FV €11.78 €16.82 €21.87 50
PEG = 1.0 €11.78 €16.82 €21.87 46
EPV €11.14 €14.53 €17.46 59
Dividend Discount
Gordon GGM €4.30 €8.58 €12.99 70
DDM Multi-Stage €4.30 €7.41 €9.05 61
Multiples
P/E Multiple €26.93 €35.90 €44.88 63
P/S Multiple €21.80 €29.07 €36.33 58
P/B Multiple €21.80 €29.07 €36.33 55
EV/EBIT €27.29 €39.84 €52.38 53
EV/EBITDA €60.88 €84.62 €108.37 54
EV/Revenue €16.51 €28.03 €39.54 43
Asset-Based
NCAV (Graham) €8.89 €11.91 €17.78 50
Growth DCF
Growth DCF €19.37 €38.06 €67.00 80
Rev-Margin DCF €17.01 €35.29 €57.94 74
Economic Profit
Residual Income €15.23 €16.72 €23.42 76
ROIC Compounder €11.14 €14.53 €17.46 72
Growth Earnings
Growth-Adj P/E €20.51 €29.30 €38.09 68

Widest divergence: Growth DCF (€35.29) versus Dividend Discount (€7.41). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €4.8B
Revenue growth (YoY) +5.4%
Net margin 7.6%
Return on equity 9.9%
Free cash flow €547M FY2025
P/E ratio 17.2
More key figures
Operating margin 13.5%
EPS (TTM) €1.46
Dividend yield 1.9%
EPS growth (YoY) -1.5%
Net debt €3.7B FY2025

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 45

Profitability 38
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 92
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

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally.

Full company description

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. It offers accommodation, catering, and healthcare and social linens; workwear and personal protective equipment; beverage solutions, such as bottled water cooler, coffee bean machine, networked water cooler, and pod coffee machine; floor protection mats and mops; industrial wipers; and pest and rodent control, insect control, or disinfection services. The company provides washroom hygiene services, such as hand washing and drying, toilet hygiene and urinals, lavatories, and air fragrancing; and reusable cleanroom garments, footwear, goggles, and equipment solutions, as well as cleaning systems. In addition, it offers various solutions for collection and disposal of infectious waste. The company serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. The company was founded in 1883 and is headquartered in Saint-Cloud, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Elis SA reported revenue of €4.8B in FY2025 versus €3.0B in FY2021, a compound +12.0%/yr. Reported net income was €367M in FY2025, compounding +33.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€4.8B
Latest YoY
+4.9%
Avg. growth/yr (3Y)
+7.9%
Avg. growth/yr (5Y)
+11.3%
Avg. growth/yr (14Y)
+10.7%
Revenue +12.0%/yr
FY21 €3.0B
FY22 €3.8B
FY23 €4.3B
FY24 €4.6B
FY25 €4.8B
Net income +33.8%/yr
FY21 €114M
FY22 €203M
FY23 €263M
FY24 €338M
FY25 €367M

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

Earlier news

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

Peer Group

Specialty Business Services · 255 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 56 · Above median
Fair Value upside +34% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 13% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.69× · Higher than 75% of peers

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/E (TTM) 17.2× · Cheaper than median
P/B 1.64× · Cheaper than median
P/S (TTM) 1.30× · Pricier than median
P/FCF 11.4× · Pricier than median
EV/EBITDA 5.7× · Cheaper than median

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 79 · sector 24
FUTURE 27 · sector 25
PAST 40 · sector 33
HEALTH 66 · sector 92
DIVIDEND 37 · sector 54

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 Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $206.25 $95.30 -54%
RELX PLC RELX $33.70 $32.49 -4%
Thomson Reuters Corporation TRI C$133.87 C$70.40 -47%
Copart, Inc CPRT $27.61 $28.59 +4%
Global Payments Inc GPN $80.49 $69.67 -13%
RB Global, Inc RBA C$156.43 C$49.14 -69%
Brambles Limited BXB A$18.79 A$12.28 -35%
UL Solutions Inc ULS $87.76 $33.62 -62%
Wolters Kluwer N.V WKL €62.56 €103.99 +66%
Aramark ARMK $56.74 $13.73 -76%

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Frequently asked questions

Is Elis SA (ELIS) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €32.82 versus a price of €24.48, about +34% (undervalued).
What is the fair value of ELIS?
Our model-based fair value for Elis SA is €32.82 (as of Jul 16, 2026), built from audited fundamentals. The current price is €24.48.
What is the quality score of ELIS?
Elis SA has a Quality Score of 56/100. 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 revenue of Elis SA (ELIS)?
Elis SA reported trailing-twelve-month revenue of about €4.8B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ELIS?
The net profit margin of Elis SA is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does Elis SA pay a dividend?
Elis SA currently shows a dividend yield of about 1.80% relative to its recent price (as of Jul 16, 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.

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