EN DE

Eurofins Scientific SE (ERF) Fair Value & Analysis

Healthcare · FR · Market cap €11.9B

ES Eurofins Scientific SE ERF · PA
Price€70.04
Fair Value€51.10
Upside-27.0%
Quality57/100
Watch Eurofins Scientific SE for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 6.5% net margin
Moderate debt · generates free cash flow
1.07% dividend yield
Ranks above peers (11/15)
Moderate moat 48/100
Evidence: High Range €29.83 – €70.58 Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from €59.81 to €51.10 (−14.6%) since Jun 24, 2026. Share price +1.6% over the past month.

A solid business, but screening 27% overvalued on our models.

What matters now

  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€29.83 to €70.58) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€118.49 €42.73 Fair Value €51.10 Jun 2021 Aug 2026

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

How to read this chart

60‑month range €42.73 – €118.49 · fair‑value band €29.83 – €70.58 · the €70.04 price screens above the €51.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Eurofins Scientific SE (ERF) currently trades at €70.04, while our model-based Fair Value estimate is €51.10, implying the stock looks roughly 27.0% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Healthcare 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: high).

Over the trailing twelve months, Eurofins Scientific SE generated revenue of €7.3B at a net margin of 6.5%. Revenue grew 4.3% year over year. It earns a return on equity of 9.5%. Net debt stands at €4.6B. Fundamentals as of Jul 11, 2026

Our scenario range runs from €29.83 (bear case) to €70.58 (bull case); at €70.04, 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 5% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -48% fair-value upside, at -27%, ERF 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 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
Growth DCF €28.16 €73.52 €145.85 80
Residual Income €19.66 €24.80 €63.47 76
Rev-Margin DCF €28.09 €66.51 €120.57 74
All 26 models by family
DCF Models
FCF DCF €29.45 €66.78 €161.85 38
Owner Earnings €13.62 €44.17 €103.40 31
5Y Revenue Exit €28.09 €68.33 €126.19 39
5Y EBITDA Exit €56.00 €130.70 €231.37 41
5Y P/E Exit €28.50 €69.25 €119.04 38
10Y Revenue Exit €26.69 €66.49 €134.64 36
10Y EBITDA Exit €47.42 €114.38 €229.97 37
10Y P/E Exit €28.55 €67.19 €128.15 35
Earnings-Based
Graham-Dodd €18.67 €111.37 €155.17 54
Lynch FV €31.70 €45.28 €58.86 50
PEG = 1.0 €31.70 €45.28 €58.86 46
EPV €18.57 €24.19 €29.10 59
Dividend Discount
Gordon GGM €5.84 €12.14 €19.26 70
DDM Multi-Stage €5.84 €10.24 €12.74 61
Multiples
P/E Multiple €45.31 €60.41 €75.51 63
P/S Multiple €35.01 €46.68 €58.35 58
P/B Multiple €35.01 €46.68 €58.35 55
EV/EBIT €43.32 €62.81 €82.29 53
EV/EBITDA €71.25 €100.04 €128.83 54
EV/Revenue €26.59 €44.47 €62.35 43
Asset-Based
NCAV (Graham) €10.24 €13.72 €20.48 50
Growth DCF
Growth DCF €28.16 €73.52 €145.85 80
Rev-Margin DCF €28.09 €66.51 €120.57 74
Economic Profit
Residual Income €19.66 €24.80 €63.47 76
ROIC Compounder €18.57 €29.64 €42.89 72
Growth Earnings
Growth-Adj P/E €47.22 €67.45 €87.69 68

Widest divergence: Growth Earnings (€67.45) versus Dividend Discount (€10.24). Highest evidence: Growth DCF (80).

Notify me when ERF reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) €7.3B
Revenue growth (YoY) +4.3%
Net margin 6.5%
Return on equity 9.5%
Free cash flow €535M FY2025
P/E ratio 24.5
More key figures
Operating margin 13.3%
EPS (TTM) €2.55
Dividend yield 1.2%
EPS growth (YoY) +28.9%
Net debt €4.6B FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 55 · Market factors (momentum, volatility) 60

Profitability 37
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 100
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

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide.

Full company description

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. It provides services, such as agroscience, including biological assessment, consumer and human, environmental safety, product chemistry, regulatory consultancy, and seed services; agro testing; assurance, including sustainability, audit, certification, quality inspection, QA-QC programme, and food and dietary supplement labelling services; biopharma, and clinical diagnostics. The company also offers consumer product testing, which include sustainability, testing, certifications and approvals, expert services and regulatory, inspections, audits, consumer research and sensory evaluation, and training courses; cosmetics and personal care; and electrical and electronics laboratories services. In addition, it provides environment testing, including maritime, water, air, soil, building material, pollution, waste, fuel/oil, microplastics, and radioactivity testing; and food and feed testing that include allergen, audit and certification, authenticity, carbohydrates, consulting, dioxins and POPs, food irradiation, GMO, heavy metal, melamine, microbiology, molecular biology, mycotoxin, nutritional analyses, organic contaminants, pesticide, veterinary drug, vitamin, and residual DNA testing. Further, the company provides forensic, genomic, maritime, materials and engineering, REACH, and sensory and consumer services, as well as in vitro diagnostics and PSS insourcing solutions. The company was founded in 1987 and is headquartered in Luxembourg, Luxembourg.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eurofins Scientific SE reported revenue of €7.3B in FY2025 versus €6.7B in FY2021, a compound +2.1%/yr. Reported net income was €475M in FY2025, compounding −11.7%/yr from FY2021.

Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€7.3B
Latest YoY
+5.0%
Avg. 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.
+2.8%
Avg. 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.
+6.1%
Avg. growth/yr (23Y) 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.
+18.0%
Revenue +2.1%/yr
FY21 €6.7B
FY22 €6.7B
FY23 €6.5B
FY24 €7.0B
FY25 €7.3B
Net income −11.7%/yr
FY21 €783M
FY22 €610M
FY23 €310M
FY24 €406M
FY25 €475M
Character of growth · EPS growth decomposed (2014-2025) +12.9 % p.a.
Revenue per share +13.0 pp

of which total revenue +15.0 pp · buybacks/dilution −2.0 pp

EBIT margin +1.4 pp
Tax rate +0.1 pp
Residual (interest, one-offs) −1.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

ERF screens 27% overvalued. Compare with Thermo Fisher Scientific Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Eurofins Scientific SE Fair Value". https://www.fairvalue-calculator.com/stock/ERF

Recent news

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

Peer Group

Diagnostics & Research · 135 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 57 · Above median
Fair Value upside −27% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 6% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 4% · Below median
Dividend yield (TTM) 1.1% · Above median
Debt / equity 0.96× · Higher than 75% of peers

Valuation Multiples vs Diagnostics & Research median · lower = cheaper

P/E (TTM) 27.0× · Cheaper than median
P/B 3.88× · Pricier than median
P/S (TTM) 1.89× · Cheaper than median
P/FCF 25.7× · Pricier than 75% of peers
EV/EBITDA 11.3× · Cheaper than median
PEG 1.02× · Cheaper than 75% of peers

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 0 · sector 0
FUTURE 22 · sector 25
PAST 38 · sector 11
HEALTH 52 · sector 96
DIVIDEND 21 · sector 21

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Thermo Fisher Scientific Inc TMO $543.19 $308.19 -43%
Danaher Corporation DHR $199.66 $103.88 -48%
WuXi AppTec Co 2359 HK$160.70 HK$125.20 -22%
Lonza Group LONN CHF 567.80 CHF 259.80 -54%
IDEXX Laboratories, Inc IDXX $567.44 $255.77 -55%
Agilent Technologies, Inc A $131.46 $62.70 -52%
Waters Corporation WAT $368.98 $121.96 -67%
IQVIA Holdings IQV $207.85 $134.18 -35%
Integrated Diagnostics Holdings IDHC $0.0050 $0.0053 +5%
Illumina, Inc ILMN $186.65 $95.51 -49%

Compare Eurofins Scientific SE with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Eurofins Scientific SE (ERF) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of €51.10 versus a price of €70.04, about −27% (overvalued).
What is the fair value of ERF?
Our model-based fair value for Eurofins Scientific SE is €51.10 (as of Jul 11, 2026), built from audited fundamentals. The current price is €70.04.
What is the quality score of ERF?
Eurofins Scientific SE has a Quality Score of 57/100. 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 Eurofins Scientific SE (ERF)?
Eurofins Scientific SE reported trailing-twelve-month revenue of about €7.3B (latest available figure, as of Jul 11, 2026).
What is the net profit margin of ERF?
The net profit margin of Eurofins Scientific SE is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does Eurofins Scientific SE pay a dividend?
Eurofins Scientific SE currently shows a dividend yield of about 1.17% relative to its recent price (as of Jul 11, 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.

14 days Pro free · no card

Track Eurofins Scientific SE and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.