Elastron S.A. - Steel Service Centers (ELSTR) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Elastron S.A. - Steel Service Centers stock €1.30, price €2.48, that is 47.5% below the price, quality 55 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 9, 2026.
How to read this chart
60‑month range €1.70 – €3.58 · fair‑value band €0.9415 – €1.76 · the €2.48 price screens above the €1.30 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products in Greece and internationally. It operates through Steel Products and Energy segments.
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The company offers hot-rolled and cold rolled sheets and strips, galvanized sheets, heavy plates, and strips; long products, such as beams, joists, channels, flats, equal and unequal angles, rounds, squares, T-sections, and bulb flats; square and rectangular hollow sections; and structural tubes.
It also provides polyurethane panels, comprising wall panels, roof panels, and cold/storage rooms; mineral wool core panels, which include thermo-insulating and fire-resistant roof and wall panels; and core accessories consisting of translucent panels, flashings, and fastening and sealing materials, as well as handles installation services.
In addition, the company offers composite SYMDECK decks; cladding single skin products; purlin for steel buildings; drywall metal profiles; and hydroponic metal gutters. Further, it produces electric energy from photovoltaic stations; and agricultural products from greenhouse cultivations.
Additionally, the company offers transportation and supply management services. Its steel products are used in the industry, construction, shipbuilding, agricultural, and energy sectors. Elastron S.A. - Steel Service Centers was founded in 1958 and is headquartered in Aspropyrgos, Greece.
Stock analysis
Elastron S.A. - Steel Service Centers (ELSTR) currently trades at €2.48, while our model-based Fair Value estimate is €1.30, 48% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €4.45 per share, and 18 of the 24 models we run sit above the €2.48 price.
Bear case: the Asset-Based group reads lowest at €0.9800, and 6 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: €0.9415 (bear) to €1.76 (bull), the price of €2.48 sits above 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 55/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Elastron S.A. - Steel Service Centers reported revenue of €168M in FY2025 versus €163M in FY2021, a compound +0.7%/yr. Reported net income was €5.6M in FY2025, compounding −22.3%/yr from FY2021.
Key figures
Market cap €45.0M Micro · P/E ratio 4.4 · P/S ratio 0.27 · EPS (TTM) €0.5700 · Dividend yield 4.2% · Net margin 6.1% · Return on equity 11.9% · Return on assets (EBIT) 4.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at −48%, ELSTR screens richer than that median.
Fair Value models
Bear€0.9415Fair Value €1.30Bull€1.76
Price €2.48 · Downside -47.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.3988 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
Best data coverage
FCF DCF€2.11€2.52€2.9880
Growth DCF€2.12€2.48€2.8678
Owner Earnings€2.39€2.88€3.4376
All 24 models by family
DCF Models
FCF DCF€2.11€2.52€2.9880
Owner Earnings€2.39€2.88€3.4376
5Y Revenue Exit€3.05€4.43€6.1771
5Y EBITDA Exit€3.28€4.86€6.6573
5Y P/E Exit€3.18€4.68€6.2069
10Y Revenue Exit€2.51€3.49€4.7565
10Y EBITDA Exit€2.69€3.72€5.0367
10Y P/E Exit€2.64€3.63€4.7763
Earnings-Based
Graham-Dodd€2.08€5.46€7.1263
PEG = 1.0€1.04€1.49€1.9455
EPV€2.73€2.94€3.1174
Dividend Discount
Gordon GGM€1.24€1.94€2.4767
DDM Multi-Stage€1.24€1.70€2.0765
Multiples
P/E Multiple€3.91€5.21€6.5163
P/S Multiple€3.91€5.21€6.5158
P/B Multiple€1.53€2.05€2.5655
EV/EBIT€2.59€3.88€5.1865
EV/EBITDA€2.82€4.19€5.5766
EV/Revenue€2.07€3.51€4.9552
Asset-Based
NCAV (Graham)€0.6400€0.9800€1.2254
Growth DCF
Growth DCF€2.12€2.48€2.8678
Economic Profit
Residual Income€3.34€3.34€3.4974
ROIC Compounder€2.73€2.94€3.1170
Growth Earnings
Growth-Adj P/E€3.11€4.45€5.7865
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.2%
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.
−2.5%
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.
+10.0%
Start year 2020 (pandemic). Over 10 years: +10.2% 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.
+0.0%
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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.
−3.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.9%
Dividend (yield on the price)4.2%
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.−7.9% vs 13.4%, slowing
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.3% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
+47.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +44.7% a year for the price.
Compare Elastron S.A. - Steel Service Centers with another stock
Price, fair value, quality and upside side by side.
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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.Steel · 410 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−48.3% · Bottom 25%
Profitability
Return on equity (12 months)11.9% · Top 25%
Return on assets2.9% · Above median
Net margin (12 months)6.1% · Above median
Operating margin (12 months)6.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)2.3% · Below median
Dividend yield (12 months)4.2% · Above median
Balance sheet
Debt / equity0.32× · Highest 25%
Valuation Multiplesvs Steel median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Elastron S.A. - Steel Service Centers Fair Value". https://www.fairvalue-calculator.com/stock/ELSTR
Frequently asked questions
Is Elastron S.A. - Steel Service Centers (ELSTR) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of €1.30 versus a price of €2.48, about 48% lower (overvalued).
What is the fair value of ELSTR?
Our model-based fair value for Elastron S.A. - Steel Service Centers is €1.30 (as of Nov 9, 2026), built from audited fundamentals. The current price: €2.48.
What is the quality score of ELSTR?
Elastron S.A. - Steel Service Centers has a Quality Score of 55/100. 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 Elastron S.A. - Steel Service Centers (ELSTR)?
Our model-based price target is the fair value of €1.30 (as of Nov 9, 2026) from 24 valuation models. Cautious scenario €0.9415, optimistic scenario €1.76. It is a calculation from audited fundamentals, not an analyst target.
What is the Elastron S.A. - Steel Service Centers stock forecast for 2026?
Our models put fair value at €1.30, about 48% lower versus a price of €2.48 (overvalued). Cautious scenario €0.9415, optimistic scenario €1.76. The calculation is refreshed regularly with new filings.
What is the revenue of Elastron S.A. - Steel Service Centers (ELSTR)?
Elastron S.A. - Steel Service Centers reported trailing-twelve-month revenue of about €170M (latest available figure, as of Nov 9, 2026).
Does Elastron S.A. - Steel Service Centers pay a dividend?
Elastron S.A. - Steel Service Centers currently shows a dividend yield of 4.23% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Elastron S.A. - Steel Service Centers (ELSTR) and when is the ex-dividend date?
Elastron S.A. - Steel Service Centers pays a dividend of €0.105 per share a year, a dividend yield of 4.2%. The last ex-dividend date was Aug 20, 2026. The payout ratio is 18.4% of earnings. Free cash flow covers the dividend 0.45 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Elastron S.A. - Steel Service Centers (ELSTR)?
For today's price to be fair in a discounted-cash-flow model, Elastron S.A. - Steel Service Centers would have to grow free cash flow by +47.8 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.0 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of ELSTR use?
Our models discount Elastron S.A. - Steel Service Centers at 13.9 %: a base by market capitalisation (micro), damped by beta 0.52, country premium for Greece. 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 Elastron S.A. - Steel Service Centers that is +47.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has Elastron S.A. - Steel Service Centers (ELSTR) delivered so far?
Over the past 5 years revenue at Elastron S.A. - Steel Service Centers grew +10.0 % a year. The price currently implies free-cash-flow growth of +47.8 % per 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 Elastron S.A. - Steel Service Centers (ELSTR) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Elastron S.A. - Steel Service Centers (+47.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Elastron S.A. - Steel Service Centers (ELSTR)?
The free-cash-flow yield on the price is 1.91 %: that much free cash flow Elastron S.A. - Steel Service Centers produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Elastron S.A. - Steel Service Centers (ELSTR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Elastron S.A. - Steel Service Centers it is €1.30 per share (as of Nov 9, 2026), against a price of €2.48. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Elastron S.A. - Steel Service Centers stock overvalued or undervalued in 2026?
As of Nov 9, 2026, ELSTR trades above its calculated fair value: price €2.48, fair value €1.30, a gap of about −48% (overvalued). 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 ELSTR?
No. The price is what the market pays today (€2.48); the fair value is what the company's own numbers justify (€1.30). For Elastron S.A. - Steel Service Centers the two are €1.18 per share apart. That gap is exactly why we show both numbers side by side.
How much is Elastron S.A. - Steel Service Centers worth?
The market values Elastron S.A. - Steel Service Centers at about €45.0M (market capitalisation, as of Nov 9, 2026). Per share that is €2.48; our models calculate a fair value of €1.30 per share.
What do the bullish and bearish scenarios say about ELSTR?
Our models span a range for Elastron S.A. - Steel Service Centers: cautious scenario €0.9415, base €1.30, optimistic €1.76 per share (as of Nov 9, 2026, price €2.48). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ELSTR?
Elastron S.A. - Steel Service Centers trades at a price-to-earnings ratio of 4.4 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €1.30 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2016 to 2025), reported earnings: 6.9. Other multiples: P/B 0.5, P/S 0.3, EV/EBITDA 2.5.
How solid is the balance sheet of Elastron S.A. - Steel Service Centers (ELSTR)?
Balance-sheet figures for Elastron S.A. - Steel Service Centers (as of Nov 9, 2026): return on equity 11.9%, debt of 0.32 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is ELSTR from its 52-week high?
Elastron S.A. - Steel Service Centers trades at €2.48, about 14% below its 52-week high of €2.90 and 20% above the low of €2.07 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of €1.30 is for.
Which stocks are comparable to Elastron S.A. - Steel Service Centers?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, 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 Elastron S.A. - Steel Service Centers stock attractive at the current price?
The data as of Nov 9, 2026: price €2.48, calculated fair value €1.30 (−48%), Quality Score 55/100, from 24 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 ELSTR calculated?
We run Elastron S.A. - Steel Service Centers through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €1.30 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Elastron S.A. - Steel Service Centers itself currently trades above fair value. 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 Elastron S.A. - Steel Service Centers (ELSTR)?
The closing price on Nov 9, 2026 was €2.48. Our model-based fair value is €1.30, about 48% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Elastron S.A. - Steel Service Centers right now?
The price sits above even our optimistic bull case (€1.76). The favourable scenario is already priced in. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€0.9415 to €1.76) leaves room in how you read the outcome.
Key figures of Elastron S.A. - Steel Service Centers
How large is the market capitalisation of Elastron S.A. - Steel Service Centers (ELSTR)?
The market capitalisation of Elastron S.A. - Steel Service Centers is €45.0M. 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 Elastron S.A. - Steel Service Centers (ELSTR)?
The price-to-sales ratio of Elastron S.A. - Steel Service Centers is 0.27 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Elastron S.A. - Steel Service Centers (ELSTR)?
Earnings per share at Elastron S.A. - Steel Service Centers are €0.5700 (price ÷ EPS = P/E 4.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Elastron S.A. - Steel Service Centers (ELSTR)?
The dividend yield of Elastron S.A. - Steel Service Centers is 4.2% (payout 18.4%). 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 Elastron S.A. - Steel Service Centers (ELSTR)?
The net margin of Elastron S.A. - Steel Service Centers is 6.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Elastron S.A. - Steel Service Centers (ELSTR)?
The return on equity (ROE) of Elastron S.A. - Steel Service Centers is 11.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Elastron S.A. - Steel Service Centers (ELSTR)?
On an EBIT basis the return on assets of Elastron S.A. - Steel Service Centers is 4.6% (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 Elastron S.A. - Steel Service Centers (ELSTR)?
The operating margin of Elastron S.A. - Steel Service Centers is 6.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Elastron S.A. - Steel Service Centers (ELSTR)?
Revenue at Elastron S.A. - Steel Service Centers is growing +2.3% versus a year earlier (3y avg −2.5%). 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 Elastron S.A. - Steel Service Centers (ELSTR)?
Earnings per share at Elastron S.A. - Steel Service Centers are growing +633% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Elastron S.A. - Steel Service Centers (ELSTR) carry?
The net debt of Elastron S.A. - Steel Service Centers is €23.6M (fiscal year 2025, ≈ 27.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 9, 2026