EN DE

EVS SA (EVS) Fair Value & Analysis

Technology · BE · Market cap €361M

ES EVS SA EVS · BR
Price€27.95
Fair Value€45.22
Upside+61.8%
Quality67/100
Watch EVS SA for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 18.5% net margin
Low debt · generates free cash flow
4.24% dividend yield
Ranks above peers (12/15)
Wide moat 74/100
Evidence: High Range €29.45 – €66.34 Share as image

Fair value as of: Aug 6, 2026

From 26 valuation models · updated 4 days ago

Fair value updated Aug 6, 2026, revised from €47.51 to €45.22 (−4.8%) since Jul 15, 2026. Share price +2.6% over the past month.

A solid business, screening 62% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€29.45). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€29.45 to €66.34) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€36.97 €13.26 Fair Value €45.22 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range €13.26 – €36.97 · fair‑value band €29.45 – €66.34 · the €27.95 price screens below the €45.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 6, 2026.

Full chart & analysis →

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

Analysis

EVS SA (EVS) currently trades at €27.95, while our model-based Fair Value estimate is €45.22, implying the stock looks roughly 61.8% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Technology 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, EVS SA generated revenue of €208M at a net margin of 18.5%. Revenue grew 16.4% year over year. It earns a return on equity of 17.1%. The balance sheet holds a net cash position of €58.4M. Fundamentals as of Aug 6, 2026

Our scenario range runs from €29.45 (bear case) to €66.34 (bull case); at €27.95, the current price sits below 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 25% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at 62%, EVS 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 €21.31 €27.42 €35.07 80
Residual Income €16.92 €21.32 €46.65 76
Rev-Margin DCF €27.14 €41.14 €57.16 74
All 26 models by family
DCF Models
FCF DCF €21.21 €28.25 €37.64 38
Owner Earnings €37.39 €51.66 €70.68 31
5Y Revenue Exit €27.14 €41.25 €59.35 39
5Y EBITDA Exit €33.76 €53.62 €76.88 41
5Y P/E Exit €34.55 €55.11 €76.74 38
10Y Revenue Exit €23.79 €35.32 €50.90 36
10Y EBITDA Exit €28.34 €43.17 €63.11 37
10Y P/E Exit €28.80 €44.11 €63.02 35
Earnings-Based
Graham-Dodd €19.50 €60.73 €80.78 54
Lynch FV €13.21 €18.87 €24.53 50
PEG = 1.0 €13.21 €18.87 €24.53 46
EPV €28.68 €31.86 €34.50 59
Dividend Discount
Gordon GGM €9.29 €16.73 €23.03 70
DDM Multi-Stage €9.29 €14.45 €17.87 61
Multiples
P/E Multiple €43.02 €57.35 €71.69 63
P/S Multiple €29.03 €38.70 €48.38 58
P/B Multiple €36.56 €48.75 €60.94 55
EV/EBIT €49.28 €63.90 €78.53 53
EV/EBITDA €46.93 €60.77 €74.61 54
EV/Revenue €32.52 €44.13 €55.74 43
Asset-Based
NCAV (Graham) €8.65 €11.59 €17.30 50
Growth DCF
Growth DCF €21.31 €27.42 €35.07 80
Rev-Margin DCF €27.14 €41.14 €57.16 74
Economic Profit
Residual Income €16.92 €21.32 €46.65 76
ROIC Compounder €30.02 €35.15 €40.66 72
Growth Earnings
Growth-Adj P/E €35.76 €51.09 €66.42 68

Widest divergence: Growth Earnings (€51.09) versus Asset-Based (€11.59). Highest evidence: Growth DCF (80).

Notify me when EVS reaches fair value

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

Key figures & financial health

Revenue (TTM) €208M
Revenue growth (YoY) +16.4%
Net margin 18.5%
Return on equity 17.1%
Free cash flow €22.6M FY2025
P/E ratio 11.0
More key figures
Operating margin 24.6%
EPS (TTM) €2.73
Dividend yield 4.0%
EPS growth (YoY) +21.7%
Net cash €58.4M FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 65 · Market factors (momentum, volatility) 34

Profitability 68
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 79
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

EVS SA provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Full company description

EVS SA provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific. The company offers LiveCeption, which provides live production, replay, and highlights solution; MediaCeption, a content management for live production; T-motion, a media production robotics for indoor and outdoor environments; and MediaInfra that provides infrastructure management and processing solutions. It also provides PowerVision, which provides transformational advances in sports officiating and live video analysis, ensuring accuracy and efficiency in high-stakes moments through the most advanced AI video analysis tools; and VIA MAP, which enables access to an integrated ecosystem from live production to distribution and monetization. In addition, the company provides other services comprising advice, installation, project management, rental, training, maintenance, and distant support services. Further, it offers XT-VIA, LSM-VIA, XtraMotion, IPDirector, cerebrum products. The company was formerly known as EVS Broadcast Equipment SA and changed its name to EVS SA in June 2026. EVS SA was incorporated in 1994 and is headquartered in Seraing, Belgium.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EVS SA reported revenue of €208M in FY2025 versus €138M in FY2021, a compound +10.9%/yr. Reported net income was €38.6M in FY2025, compounding +2.5%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€208M
Latest YoY
+5.1%
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.
+12.0%
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.
+18.8%
Avg. growth/yr (24Y) 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.
+7.7%
Revenue +10.9%/yr
FY21 €138M
FY22 €148M
FY23 €173M
FY24 €198M
FY25 €208M
Net income +2.5%/yr
FY21 €34.9M
FY22 €31.3M
FY23 €36.9M
FY24 €42.9M
FY25 €38.6M
Character of growth · EPS growth decomposed (2014-2025) +2.6 % p.a.
Revenue per share +4.5 pp

of which total revenue +4.8 pp · buybacks/dilution −0.3 pp

EBIT margin −4.1 pp
Tax rate +2.8 pp
Residual (interest, one-offs) −0.6 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).

Watch EVS: get an alert when its fair value changes →

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). "EVS SA Fair Value". https://www.fairvalue-calculator.com/stock/EVS

Peer Group

Communication Equipment · 286 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 67 · Top 25%
Fair Value upside +62% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 16% · Above median
Dividend yield (TTM) 4.2% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 10.4× · Cheaper than 75% of peers
P/B 1.79× · Cheaper than median
P/S (TTM) 2.00× · Pricier than median
P/FCF 18.5× · Pricier than 75% of peers
EV/EBITDA 6.5× · Cheaper than 75% of peers
PEG 3.75× · Pricier 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 100 · sector 0
FUTURE 82 · sector 30
PAST 68 · sector 15
HEALTH 100 · sector 98
DIVIDEND 85 · sector 25

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 Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $119.25 $43.05 -64%
Zhongji Innolight Co 300308 ¥1,094 ¥171.09 -84%
Foxconn Industrial Internet Co 601138 ¥56.50 ¥28.65 -49%
Eoptolink Technology Inc 300502 ¥482.88 ¥155.05 -68%
Nokia Oyj NOK $11.25 $2.67 -76%
Motorola Solutions, Inc MSI $413.31 $190.43 -54%
Suzhou TFC Optical Communication Co 300394 ¥244.13 ¥32.04 -87%
Telefonaktiebolaget LM Ericsson (publ), ERIC $11.72 $15.96 +36%
Accton Technology Corporation 2345 2,090 TWD 846.28 TWD -60%
ZTE Corporation 000063 ¥40.00 ¥15.75 -61%

Compare EVS SA with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Technology 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 EVS SA (EVS) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of €45.22 versus a price of €27.95, about +62% (undervalued).
What is the fair value of EVS?
Our model-based fair value for EVS SA is €45.22 (as of Aug 6, 2026), built from audited fundamentals. The current price is €27.95.
What is the quality score of EVS?
EVS SA has a Quality Score of 67/100. 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 EVS SA (EVS)?
EVS SA reported trailing-twelve-month revenue of about €208M (latest available figure, as of Aug 6, 2026).
What is the net profit margin of EVS?
The net profit margin of EVS SA is about 18.5%, meaning it keeps roughly 18.5% of revenue as net income. Based on the latest reported figures.
Does EVS SA pay a dividend?
EVS SA currently shows a dividend yield of about 3.99% relative to its recent price (as of Aug 6, 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 EVS SA 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.