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EXEL Industries SA (EXE) Fair Value & Analysis

Industrials · FR · Market cap €191M

EI EXEL Industries SA EXE · PA
Price€21.10
Fair Value€50.48
Upside+139.2%
Quality95/100
Evidence: High Range €37.86 – €63.10

Fair value as of: Jun 25, 2026

From 25 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from €56.97 to €50.48 (−11.4%) since Jun 24, 2026. Share price −28.4% over the past month.

Price vs Fair Value (12 months)

€46.82 €21.00 Fair Value €50.48 Jul 2025 Jun 2026

12‑month range €21.00 – €46.82 · fair‑value band €37.86 – €63.10 · the €21.10 price screens below the €50.48 fair value. As of Jun 25, 2026.

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Analysis

EXEL Industries SA (EXE) currently trades at €21.10, while our model-based Fair Value estimate is €50.48 — implying the stock looks roughly 139.2% undervalued today. We read business quality at 95/100 (high 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, EXEL Industries SA generated revenue of €920M at a net margin of -0.4%. Revenue declined 14.1% year over year. It earns a return on equity of -0.9%. Net debt stands at €98.5M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) €920M
Revenue growth (YoY) -14.1%
Net margin -0.4%
Return on equity -0.9%
Free cash flow €45.9M FY2025
P/E ratio 11.8
More key figures
Operating margin -5.8%
EPS (TTM) €2.40
Dividend yield 2.1%
EPS growth (YoY) -38.4%
Net debt €98.5M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

EXEL Industries SA engages in the manufacture and sale of agricultural spraying equipment in France and internationally. The company offers industrial spraying products under the Sames brand; technical hoses under the Tricoflex brand; garden products, such as watering and micro-irrigation, natural gardening, weeding, garden spraying, leisure, and hand-held garden tools under the Hozelock, Berthoud, G.F., Cooper Pegler, Laser Industrie, and Duchesnay brands; and ocean-going sailboats, powerboats, and daysailers under the Wauquiez, Rhéa Marine, and Tofinou brands. It also sells trailed, mounted, and self-propelled agricultural sprayers under the Berthoud, Tecnoma, Nicolas, CMC, Hardi, Evrard, Matrot, Agrifac, Apache, and Exxact Robotics brands; and sugar beet harvesters, diggers, and multi-purpose trucks under the Holmer and CAPAGRI brand. The company serves crops, viticulture, arboriculture, agriculture, construction and earthworks, automotive, energy, industry, transport, wood, harv…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EXEL Industries SA reported revenue of €983M in FY2025 versus €877M in FY2021, a compound +2.9%/yr. Reported net income was €16.3M in FY2025, compounding −21.8%/yr from FY2021.

Revenue +2.9%/yr
FY21 €877M
FY22 €977M
FY23 €1.1B
FY24 €1.1B
FY25 €983M
Net income −21.8%/yr
FY21 €43.5M
FY22 €28.6M
FY23 €42.5M
FY24 €31.2M
FY25 €16.3M

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Similar stocks

6 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Caterpillar Inc CAT $856.16 $266.27 -69%
Deere & Company DE $598.59 $186.23 -69%
Sany Heavy Industry Co SNHIY $11.25 $2.82 -75%
AB Volvo (publ), VLVLY $33.51 $27.98 -17%
PACCAR Inc PCAR $113.99 $71.72 -37%
Toyota Industries Corporation TYIDF $128.00 $89.56 -30%

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Frequently asked questions

Is EXEL Industries SA (EXE) undervalued?
As of Jun 25, 2026, our model estimates a fair value of €50.48 versus a price of €21.10 — about +139% (undervalued). Model-based estimate, not financial advice.
What is the fair value of EXE?
Our 21-model fair value for EXEL Industries SA is €50.48 (as of Jun 25, 2026), built from audited fundamentals. The current price is €21.10.
What is the quality score of EXE?
EXEL Industries SA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of EXEL Industries SA (EXE)?
EXEL Industries SA reported trailing-twelve-month revenue of about €920M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of EXE?
The net profit margin of EXEL Industries SA is about -0.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does EXEL Industries SA pay a dividend?
EXEL Industries SA currently shows a dividend yield of about 2.11% relative to its recent price (as of Jun 25, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.