Exor N.V (EYX) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Exor N.V €141, price €68.20, upside +107.3%, quality 46 out of 100. Calculated from audited financials with 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, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range €21.38 – €105.14 · fair‑value band €96.65 – €226.29 · the €68.20 price screens below the €141.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally. The company designs, engineers, produces, and sells luxury performance sports cars under the Ferrari brand.
Show more
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally. The company designs, engineers, produces, and sells luxury performance sports cars under the Ferrari brand. It also provides automotive vehicles and mobility solutions under the Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram, and Vauxhall brands; diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatic, and personal health equipment under Philips brand; agricultural and construction equipment and services; heavy, medium, and light-duty trucks; powertrain technologies; mass-transit and premium buses and coaches; defense and civil protection equipment; heavy-duty quarry and construction vehicles; and firefighting vehicles and equipment, as well as financing services. In addition, the company offers men's footwear, leather goods, beauty, and accessories; equipment for the building and repairing of oil and gas wells; clean energy solutions; data, insights and analytics, expert, and workflow solutions; information through newspapers and magazines to conferences and electronic services and publishes The Economist; and apparel, furniture, homeware, and jewelry products. Further, it engages in the management of professional football teams under the Juventus Football Club name; and hospitals and outpatient clinics, as well as operates as investment management company and technology company specializing in the data-driven optimization of public mobility systems. Exor N.V. was founded in 1899 and is headquartered in Amsterdam, the Netherlands. Exor N.V. is a subsidiary of Giovanni Agnelli B.V.
Stock analysis
Exor N.V (EYX) currently trades at €68.20, while our model-based Fair Value estimate is €141.40, implying the stock looks roughly 51.8% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of €193.68 per share, and 2 of the 4 models we run sit above the €68.20 price.
Bear case: the Asset-Based group reads lowest at €110.13, and 2 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: €96.65 (bear) to €226.29 (bull), the price of €68.20 sits below 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 46/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Exor N.V reported revenue of −€3.6B in FY2025 versus €33.6B in FY2021. Reported net income was −€3.8B in FY2025.
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 107%, EYX screens cheaper than that median.
Fair Value models
Bear €96.65Fair Value €141.40Bull €226.29
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. 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.Evidence ⓘEvidence = 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.
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.8/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−68.5%
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.
−23.1%
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.
−36.1%
’19
’20
’21
’22
’23
’24
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+50.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+50.1%
Dividend (yield on the price)0.7%
Profit margin 2019 to 2024 ⓘ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.6% → 0%
2024 sits 270% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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).
−15.9%
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 −17.7% a year for the price.
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). "Exor N.V Fair Value". https://www.fairvalue-calculator.com/stock/EYX
Frequently asked questions
Is Exor N.V (EYX) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of €141.40 versus a price of €68.20, about +107% upside (undervalued).
What is the fair value of EYX?
Our model-based fair value for Exor N.V is €141.40 (as of Sep 29, 2026), built from audited fundamentals. The current price: €68.20.
What is the quality score of EYX?
Exor N.V has a Quality Score of 46/100. 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 Exor N.V (EYX)?
Our model-based price target is the fair value of €141.40 (as of Sep 29, 2026) from 4 valuation models. Cautious scenario €96.65, optimistic scenario €226.29. It is a calculation from audited fundamentals, not an analyst target.
What is the Exor N.V stock forecast for 2026?
Our models put fair value at €141.40, about +107% upside versus a price of €68.20 (undervalued). Cautious scenario €96.65, optimistic scenario €226.29. The calculation is refreshed regularly with new filings.
Does Exor N.V pay a dividend?
Exor N.V currently shows a dividend yield of about 0.72% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Exor N.V (EYX)?
For today's price to be fair in a discounted-cash-flow model, Exor N.V would have to grow free cash flow by -15.9 % per year for five years (discount rate 7.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -36.1 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of EYX use?
Our models discount Exor N.V at 7.9 %: a base by market capitalisation (large), damped by beta 0.49, country premium for Germany. 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 Exor N.V that is -15.9 % per year a year over ten years, using the same discount rate (7.9 %) and the same formula as our fair value.
How much growth has Exor N.V (EYX) delivered so far?
Over the past 5 years revenue at Exor N.V grew -36.1 % a year. The price currently implies -15.9 % per year free-cash-flow growth a 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 Exor N.V (EYX) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into Exor N.V (-15.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Exor N.V (EYX)?
The free-cash-flow yield on the price is 19.64 %: that much free cash flow Exor N.V produces per unit of market value. When it exceeds the discount rate of our models (7.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Exor N.V (EYX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Exor N.V it is €141.40 per share (as of Sep 29, 2026), against a price of €68.20. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Exor N.V stock overvalued or undervalued in 2026?
As of Sep 29, 2026, EYX trades below its calculated fair value: price €68.20, fair value €141.40, a gap of about +107% (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 EYX?
No. The price is what the market pays today (€68.20); the fair value is what the company's own numbers justify (€141.40). For Exor N.V the two are €73.20 per share apart. That gap is exactly why we show both numbers side by side.
How much is Exor N.V worth?
The market values Exor N.V at about €22.3B (market capitalisation, as of Sep 29, 2026). Per share that is €68.20; our models calculate a fair value of €141.40 per share.
What do the bullish and bearish scenarios say about EYX?
Our models span a range for Exor N.V: cautious scenario €96.65, base €141.40, optimistic €226.29 per share (as of Sep 29, 2026, price €68.20). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is EYX from its 52-week high?
Exor N.V trades at €68.20, about 22% below its 52-week high of €87.11 and 10% above the low of €62.25 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €141.40 is for.
Which stocks are comparable to Exor N.V?
From the same area (Industrials) we also value Caterpillar Inc, Deere & Company, PACCAR Inc, Daimler Truck Holding, 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 Exor N.V stock attractive at the current price?
The data as of Sep 29, 2026: price €68.20, calculated fair value €141.40 (+107%), Quality Score 46/100, from 4 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 EYX calculated?
We run Exor N.V through 4 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 €141.40, 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 14.5 % above its aggregate fair value. Exor N.V currently trades 52 % 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 is it worth investing now.
What is the share price of Exor N.V (EYX)?
The closing price on Oct 2, 2026 was €68.20. Our model-based fair value is €141.40, about +107% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Exor N.V right now?
The price is below even our cautious bear case (€96.65). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (€96.65 to €226.29) leaves room in how you read the outcome.
Key figures of Exor N.V
How large is the market capitalisation of Exor N.V (EYX)?
The market capitalisation of Exor N.V is €22.3B. 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 are the earnings per share of Exor N.V (EYX)?
Earnings per share at Exor N.V are €−18.48. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Exor N.V (EYX)?
The dividend yield of Exor N.V is 0.7%. 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 return on equity of Exor N.V (EYX)?
The return on equity (ROE) of Exor N.V is −10.6% (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 Exor N.V (EYX)?
On an EBIT basis the return on assets of Exor N.V is 3.1% (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 Exor N.V (EYX)?
The operating margin of Exor N.V is 102% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much revenue does Exor N.V (EYX) generate?
Exor N.V generates revenue of −€3.5B (last twelve months). Revenue of the last twelve months (TTM), the most recent full year, not the calendar year.
How fast is revenue growing at Exor N.V (EYX)?
Revenue at Exor N.V is growing −98.9% versus a year earlier. 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 Exor N.V (EYX)?
Earnings per share at Exor N.V are growing +614% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Exor N.V (EYX) carry?
The net debt of Exor N.V is €2.3B (fiscal year 2025, ≈ 0.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Continue in the live analysis
Fair value and trend for 35,000+ stocks, watchlist, comparison and the diversification check. You can also try 14 days of Pro there, no card.
