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Franchetti S.P.A. (FCH) Fair Value & Analysis

Industrials · IT · Market cap €48.6M

FS Franchetti S.P.A. FCH · MI
Price€5.80
Fair Value€1.61
Upside-72.3%
Quality27/100
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Expensive Growth
Solidly profitable · 10.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Moderate moat 49/100
Evidence: High Range €1.29 – €2.01 Share as image

Fair value as of: Jul 5, 2026

From 16 valuation models · updated 36 days ago

Share price +10.5% over the past month.

Below-average quality, and screening another 72% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€2.01). The favourable scenario is already priced in.
  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (4 years)

€8.40 €2.67 Fair Value €1.61 Sep 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 5, 2026.

How to read this chart

46‑month range €2.67 – €8.40 · fair‑value band €1.29 – €2.01 · the €5.80 price screens above the €1.61 fair value. Dashed = 300-day average. As of Jul 5, 2026.

Full chart & analysis →

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Analysis

Franchetti S.P.A. (FCH) currently trades at €5.80, while our model-based Fair Value estimate is €1.61, implying the stock looks roughly 72.3% overvalued today. The Quality Score stands at 27/100 (below-average quality), in the Industrials 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, Franchetti S.P.A. generated revenue of €8.1M at a net margin of 10.6%. Revenue grew 42.8% year over year. It earns a return on equity of 4.7%. Net debt stands at €2.1M. Fundamentals as of Jul 5, 2026

Our scenario range runs from €1.29 (bear case) to €2.01 (bull case); at €5.80, the current price sits above 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 17% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -72%, FCH screens richer 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 BearBaseBull Evidence
Highest evidence
Residual Income €1.58 €1.54 €1.24 76
ROIC Compounder €1.98 €2.16 €2.31 72
Gordon GGM €1.76 €2.95 €3.83 70
All 16 models by family
Earnings-Based
Graham-Dodd €0.6200 €4.30 €6.03 54
Lynch FV €1.54 €2.19 €2.85 50
PEG = 1.0 €1.54 €2.19 €2.85 46
EPV €1.98 €2.16 €2.31 59
Dividend Discount
Gordon GGM €1.76 €2.95 €3.83 70
DDM Multi-Stage €1.76 €2.80 €3.18 61
Multiples
P/E Multiple €1.43 €1.90 €2.38 63
P/S Multiple €1.16 €1.54 €1.93 58
P/B Multiple €1.16 €1.54 €1.93 55
EV/EBIT €3.88 €5.02 €6.15 53
EV/EBITDA €4.60 €5.98 €7.36 54
EV/Revenue €1.45 €1.88 €2.30 43
Asset-Based
NCAV (Graham) €1.17 €1.56 €2.33 50
Economic Profit
Residual Income €1.58 €1.54 €1.24 76
ROIC Compounder €1.98 €2.16 €2.31 72
Growth Earnings
Growth-Adj P/E €1.99 €2.84 €3.70 68

Widest divergence: Growth Earnings (€2.84) versus Economic Profit (€1.54). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) €8.1M
Revenue growth (YoY) +42.8%
Net margin 10.6%
Return on equity 4.7%
Free cash flow −€7.2M FY2025
P/E ratio 57.2
More key figures
Operating margin 26.5%
EPS (TTM) €0.0900
EPS growth (YoY) -41.9%
Net debt €2.1M FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 30 · Market factors (momentum, volatility) 46

Profitability 33
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 0
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

Franchetti S.P.A. operates as a civil and environmental engineering company that offers inspection, analysis, and maintenance of bridges and complex transport networks. The company also undertakes interventions on existing structures; design of new buildings; and transport engineering solutions.

Full company description

Franchetti S.P.A. operates as a civil and environmental engineering company that offers inspection, analysis, and maintenance of bridges and complex transport networks. The company also undertakes interventions on existing structures; design of new buildings; and transport engineering solutions. It operates in Italy, Brazil, Canada, the United States, India, and Singapore. Franchetti S.P.A. was founded in 2013 and is based in Arzignano, Italy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Franchetti S.P.A. reported revenue of €7.4M in FY2025 versus €4.0M in FY2021, a compound +16.9%/yr. Reported net income was €855K in FY2025, compounding +6.4%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€7.4M
Latest YoY
+32.4%
Avg. growth/yr (3Y)
+15.9%
Avg. growth/yr (5Y)
+28.2%
Revenue +16.9%/yr
FY21 €4.0M
FY22 €4.7M
FY23 €6.2M
FY24 €5.6M
FY25 €7.4M
Net income +6.4%/yr
FY21 €668K
FY22 €1.2M
FY23 €1.2M
FY24 €1.5M
FY25 €855K

FCH screens 72% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Franchetti S.P.A. Fair Value". https://www.fairvalue-calculator.com/stock/FCH

Peer Group

Engineering & Construction · 837 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 27 · Bottom 25%
Fair Value upside −72% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 26% · Top 25%
Revenue growth 43% · Top 25%
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 57.2× · Pricier than 75% of peers
P/B 2.55× · Pricier than median
P/S (TTM) 6.96× · Pricier than 75% of peers
EV/EBITDA 14.1× · Pricier than median

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 16
FUTURE 100 · sector 18
PAST 19 · sector 26
HEALTH 94 · sector 94
DIVIDEND 0 · sector 33

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

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Franchetti S.P.A. (FCH) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of €1.61 versus a price of €5.80, about −72% (overvalued).
What is the fair value of FCH?
Our model-based fair value for Franchetti S.P.A. is €1.61 (as of Jul 5, 2026), built from audited fundamentals. The current price is €5.80.
What is the quality score of FCH?
Franchetti S.P.A. has a Quality Score of 27/100. 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 Franchetti S.P.A. (FCH)?
Franchetti S.P.A. reported trailing-twelve-month revenue of about €8.1M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of FCH?
The net profit margin of Franchetti S.P.A. is about 10.6%, meaning it keeps roughly 10.6% of revenue as net income. Based on the latest reported figures.

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.

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