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Data-driven stock valuation

EMEIS SA (EMEIS) fair value: what the stock is really worth

We calculate from audited financials what EMEIS SA is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Healthcare · FR · Market cap €2.3B · ISIN FR001400NLM4

At a glance

ES EMEIS SA EMEIS · PA
Price€12.62
Fair Value€29.37
Upside+132.7%
Quality37/100

Below-average quality, trading 57% below our fair value of €29.37.

As of Sep 11, 2026, the fair value of EMEIS SA is €29.37 per share against a price of €12.62, so the fair value sits 133% above the price. A model estimate from reported figures, not an analyst target.

!Mixed Growth (revenue 5y +8.5 %/yr)
!Loss-making · -5.1% net margin
!High debt · generates free cash flow
!Trails peers (4/13)
!Narrow moat 10/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 22 out of 100
Evidence: Medium Range €9.22 to €29.37

Fair value as of: Sep 11, 2026

From 9 valuation models · updated today

Share price −9.9% over the past month.

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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (€9.22 to €29.37). The outcome hinges heavily on assumptions, so read the point estimate with caution.

Price vs Fair Value (5 years)

€7,041 €4.79 Fair Value €29.37 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 11, 2026.

How to read this chart

60‑month range €4.79 – €7,041 · fair‑value band €9.22 – €29.37 · the €12.62 price screens below the €29.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 11, 2026.

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Analysis

EMEIS SA (EMEIS) currently trades at €12.62, while our model-based Fair Value estimate is €29.37, implying the stock looks roughly 57.0% undervalued today. The Quality Score stands at 37/100 (below-average quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of €28.72 per share, and 5 of the 9 models we run sit above the €12.62 price. Bear case: the Growth DCF group reads lowest at €3.50, and 4 of the 9 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, EMEIS SA generated revenue of €5.9B at a net margin of −5.1%. Revenue grew 4.3% year over year. It earns a return on equity of −19.1%. Net debt stands at €8.3B. Fundamentals as of Sep 11, 2026

Scenario range: €9.22 (bear) to €29.37 (bull), the price of €12.62 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 22% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −7% fair-value upside, at 133%, EMEIS screens cheaper than that median.

Fair Value models

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

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
Highest evidence
FCF DCF €12.92 €36.07 €72.17 74
Growth DCF €13.02 €35.05 €68.68 73
5Y EBITDA Exit €9.00 €29.97 €55.06 70
All 9 models by family
DCF Models
FCF DCF €12.92 €36.07 €72.17 74
5Y Revenue Exit n/a €3.09 €12.68 69
5Y EBITDA Exit €9.00 €29.97 €55.06 70
10Y Revenue Exit €1.04 €10.01 €21.73 59
10Y EBITDA Exit €10.06 €28.72 €54.73 64
Multiples
EV/EBITDA €10.20 €21.48 €32.76 64
Asset-Based
NCAV (Graham) €4.37 €5.86 €8.75 54
Growth DCF
Growth DCF €13.02 €35.05 €68.68 73
Rev-Margin DCF n/a €3.50 €13.68 69

Widest divergence: DCF Models (€28.72) versus Growth DCF (€3.50). Highest evidence: FCF DCF (74).

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Key figures & financial health

P/S ratio 0.41 TTM
EPS (TTM) €−1.85
Net margin −5.1% FY2025
Return on equity −19.1% TTM
Return on assets (EBIT) −0.7% avg 5y
Operating margin 2.4% TTM
More key figures
Growth
Revenue (TTM) €5.9B TTM
Revenue growth (YoY) +4.3% 3y avg +8.0%
Balance sheet & cash flow
Free cash flow €514M FY2025
Net debt €8.3B FY2025 · ≈ 16.1 yrs of FCF

Figures from reported company fundamentals · as of Sep 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 38 · Market factors (momentum, volatility) 45

Profitability 22
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 28
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

emeis Société anonyme operates nursing homes, assisted-living facilities, post-acute and rehabilitation hospitals, and psychiatric hospitals.

Full company description

emeis Société anonyme operates nursing homes, assisted-living facilities, post-acute and rehabilitation hospitals, and psychiatric hospitals. Its services include concierge, housekeeping, ironing, internet connection, TV, telephone, free shuttles, catering and event organization, access to common areas, logistics support, DIY and gardening assistance, IT support, beauty and relaxation treatments, furniture on rent, fitness and wellness areas, and medical visits. The company's post-acute and rehabilitation hospitals offer services for geriatrics, musculoskeletal, nervous system, cardiovascular, hematology, and oncology conditions, as well as patients in a persistent vegetative state or in a minimally conscious state. Its psychiatric hospitals provide services for the patients with mood disorders, anxiety disorders, obsessive-compulsive disorders, addictions, eating disorders, sleep disorders, personality disorders, schizophrenic disorders, autism spectrum disorders, psychotraumatic disorders, neurodegenerative diseases, Perinatal psychiatry, and burn-out. It operates in France, Belgium, Spain, Italy, Ireland, Switzerland, Austria, Germany, the United Kingdom, the Czech Republic, Poland, the Netherlands, Luxembourg, Portugal, Brazil, Russia, Slovenia, Uruguay, Colombia, Mexico, Chile, Latvia, Croatia, and China. The company was founded in 1989 and is headquartered in Puteaux, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EMEIS SA reported revenue of €5.9B in FY2025 versus €4.3B in FY2021, a compound +8.2%/yr. Reported net income was −€298M in FY2025.

Growth Quality 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€5.9B
Latest YoY
+4.6%
Avg. revenue growth/yr (3Y) 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.
+8.0%
Avg. revenue growth/yr (5Y) 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.
+8.5%
Avg. revenue growth/yr (12Y) 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.
+11.4%
EBIT margin (trend) 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.
10.8% (2020) → 2.9% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +8.2%/yr
FY21 €4.3B
FY22 €4.7B
FY23 €5.2B
FY24 €5.6B
FY25 €5.9B
Net income
FY21 €65.2M
FY22 −€4.0B
FY23 €1.4B
FY24 −€412M
FY25 −€298M

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

Earlier news

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

Peer Group

Medical Care Facilities · 257 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.

Valuation
Quality Score 37 · Bottom 25%
Fair Value upside +129% · Top 25%
Profitability
Return on assets 1% · Below median
Net margin (TTM) −5% · Bottom 25%
Operating margin (TTM) 2% · Bottom 25%
Growth and dividend
Revenue growth 4% · Below median
Balance sheet
Debt / equity 2.94× · Highest 25%

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/B 1.87× · Pricier than median
P/S (TTM) 0.45× · Cheapest 25%
P/FCF 5.1× · Pricier than median
EV/EBITDA 7.7× · Cheaper than median
PEG 1.28× · Cheaper than median

What the price implies (reverse DCF)

The inverse question: what free-cash-flow growth must EMEIS SA deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.

Implied FCF growth, 10 years-0.3 % per year
Achieved revenue growth, 5 years+8.5 % p.a.
Sector median revenue growth+4.4 %
FCF yield on price25.30 %
Discount rate (WACC) in the models9.2 %

The price demands less growth than the company recently delivered: even a weaker business would justify the price. Ranking of the largest stocks →

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 24
FUTURE22 · sector 26
PAST0 · sector 30
HEALTH0 · sector 90
DIVIDEND0 · sector 43

Insider activity: 40/100

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

Similar stocks

10 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Sep 11, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $405.00 $547.67 +35%
Fresenius SE FRE €44.69 €32.15 −28%
Dr. Sulaiman Al Habib Medical Services Group 4013 241.00 SAR 112.37 SAR −53%
IHH Healthcare Berhad, an investment holding company, Q0F 2.67 SGD 1.44 SGD −46%
Tenet Healthcare Corporation THC $265.05 $330.25 +25%
DaVita Inc DVA $183.99 $186.49 +1%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,818 ₹2,955 −66%
Fresenius Medical Care AG FMS $23.50 $46.42 +98%
Aier Eye Hospital Group 300015 ¥8.25 ¥7.67 −7%
Max Healthcare Institute Limited MAXHEALTH ₹1,005 ₹284.87 −72%

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Frequently asked questions

Is EMEIS SA (EMEIS) overvalued or undervalued?
As of Sep 11, 2026, our model estimates a fair value of €29.37 versus a price of €12.62, about +133% upside (undervalued).
What is the fair value of EMEIS?
Our model-based fair value for EMEIS SA is €29.37 (as of Sep 11, 2026), built from audited fundamentals. The current price: €12.62.
What is the quality score of EMEIS?
EMEIS SA has a Quality Score of 37/100. 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 EMEIS SA (EMEIS)?
Our model-based price target is the fair value of €29.37 (as of Sep 11, 2026) from 9 valuation models. Cautious scenario €9.22, optimistic scenario €29.37. It is a calculation from audited fundamentals, not an analyst target.
What is the EMEIS SA stock forecast for 2026?
Our models put fair value at €29.37, about +133% upside versus a price of €12.62 (undervalued). Cautious scenario €9.22, optimistic scenario €29.37. The calculation is refreshed regularly with new filings.
What is the revenue of EMEIS SA (EMEIS)?
EMEIS SA reported trailing-twelve-month revenue of about €5.9B (latest available figure, as of Sep 11, 2026).
What is the net profit margin of EMEIS?
The net profit margin of EMEIS SA is about −5.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
What growth is priced into EMEIS SA (EMEIS)?
For today's price to be fair in a discounted-cash-flow model, EMEIS SA would have to grow free cash flow by -0.3 % per year for ten years (discount rate 9.2 %, then 2 % perpetual growth). Over the last 5 years revenue grew +8.5 % per year. As of Sep 11, 2026.
What discount rate (WACC) does the fair value of EMEIS use?
Our models discount EMEIS SA at 9.2 %: a base by market capitalisation (mid), damped by beta 0.59, country premium for France. The same rate applies in all 26 models.
What is the intrinsic value of EMEIS SA (EMEIS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For EMEIS SA it is €29.37 per share (as of Sep 11, 2026), against a price of €12.62. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is EMEIS SA stock overvalued or undervalued in 2026?
As of Sep 11, 2026, EMEIS trades below its calculated fair value: price €12.62, fair value €29.37, a gap of about +133% (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 EMEIS?
No. The price is what the market pays today (€12.62); the fair value is what the company's own numbers justify (€29.37). For EMEIS SA the two are €16.75 per share apart. That gap is exactly why we show both numbers side by side.
How much is EMEIS SA worth?
The market values EMEIS SA at about €2.3B (market capitalisation, as of Sep 11, 2026). Per share that is €12.62; our models calculate a fair value of €29.37 per share.
What do the bullish and bearish scenarios say about EMEIS?
Our models span a range for EMEIS SA: cautious scenario €9.22, base €29.37, optimistic €29.37 per share (as of Sep 11, 2026, price €12.62). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of EMEIS?
The PEG ratio of EMEIS SA is 1.28 (P/E divided by earnings growth, as of Sep 11, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of EMEIS SA (EMEIS)?
Balance-sheet figures for EMEIS SA (as of Sep 11, 2026): return on equity −19.1%, debt of 2.94 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is EMEIS from its 52-week high?
EMEIS SA trades at €12.62, about 22% below its 52-week high of €16.19 and 27% above the low of €9.93 (as of Sep 11, 2026). Distance from the high says nothing about value: that is what the fair value of €29.37 is for.
Which stocks are comparable to EMEIS SA?
From the same area (Healthcare) we also value HCA Healthcare, Inc, Fresenius SE, Dr. Sulaiman Al Habib Medical Services Group, IHH Healthcare Berhad, an investment holding company,, 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 EMEIS SA stock attractive at the current price?
The data as of Sep 11, 2026: price €12.62, calculated fair value €29.37 (+133%), Quality Score 37/100, from 9 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 EMEIS calculated?
We run EMEIS SA through 9 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 €29.37, 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 32.6 % above its aggregate fair value. EMEIS SA currently trades 133 % 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 <a href="/is-it-worth-investing-now/">is it worth investing now</a>.
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