Figeac Aero SA (FGA) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of Figeac Aero SA stock €2.22, price €10.00, upside -77.8%, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
60‑month range €3.72 – €12.70 · fair‑value band €0.4900 – €4.71 · the €10.00 price screens above the €2.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
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Figeac Aero manufactures, supplies, and sells equipment and sub-assemblers for aeronautics sector in France. The company offers aluminum structural parts, hard metal structural parts, engine and precision parts, and sheet metal parts.
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It also provides access doors, bulkheads, centre pedestal and side console, cockpit and engine environment sub-assembly, and equipped fittings; air flow systems, beams, blades, casings, cowls, and de-icing panels; door and door parts.
In addition, the company provides surface treatment services, non-destructive testing services, aerospace and military coating solutions, as well as riveting, fitting, crimping, the installation of special fasteners and cold expansion subcontracting services. It exports its products.
Figeac Aero was founded in 1989 and is headquartered in Figeac, France.
Stock analysis
Figeac Aero SA (FGA) currently trades at €10.00, while our model-based Fair Value estimate is €2.22, 77.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €10.74 per share, and 6 of the 21 models we run sit above the €10.00 price.
Bear case: the Growth Earnings group reads lowest at €0.2300, and 15 of the 21 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €0.4900 (bear) to €4.71 (bull), the price of €10.00 sits above 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 44/100 (below-average quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Figeac Aero SA reported revenue of €507M in FY2026 versus €282M in FY2022, a compound +15.8%/yr. Reported net income was €500K in FY2026.
Key figures
Market cap €442M Small · P/E ratio 500.0 · P/S ratio 1.01 · EPS (TTM) €0.0200 · Net margin 0.2% · Return on equity 1.1% · Return on assets (EBIT) 0.1% · Operating margin 8.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −29% fair-value upside, at −78%, FGA screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (€0.1500 to €22.62). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear€0.4900Fair Value €2.22Bull€4.71
Price €10.00 · Upside -77.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (€0.0116 per share) are deliberately not added.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.Coverage ⓘCoverage = 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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+17.3%
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.
+14.1%
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.
+19.9%
Start year 2021 (pandemic). Over 10 years: +7.2% a year
Revenue growth 16 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.
+14.3%
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Profit margin (trend) ⓘ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.
−28.4% (2021) → 5.6% (2026)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
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).
+15.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+9.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +12.5% a year for the price and +6.8% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Aerospace & Defense · 232 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−77.8% · Bottom 25%
Profitability
Return on equity (12 months)1.1% · Bottom 25%
Return on assets0.1% · Bottom 25%
Net margin (12 months)0.2% · Bottom 25%
Operating margin (12 months)8.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)16.8% · Above median
Balance sheet
Debt / equity3.43× · Highest 25%
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/E (12 months)500.0× · Priciest 25%
P/B5.72× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)1.01× · Cheapest 25%
Price / free cash flow16.3× · Cheapest 25%
EV/EBITDA8.9× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)84· sector 59
PAST (return on equity)5· sector 41
HEALTH (low debt)0· sector 94
DIVIDEND (yield)0· sector 19
VALUE 0: the price sits above our fair-value range.
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). "Figeac Aero SA Fair Value". https://www.fairvalue-calculator.com/stock/FGA
Frequently asked questions
Is Figeac Aero SA (FGA) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of €2.22 versus a price of €10.00, about −78% upside (overvalued).
What is the fair value of FGA?
Our model-based fair value for Figeac Aero SA is €2.22 (as of Oct 29, 2026), built from audited fundamentals. The current price: €10.00.
What is the quality score of FGA?
Figeac Aero SA has a Quality Score of 44/100. 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 Figeac Aero SA (FGA)?
Our model-based price target is the fair value of €2.22 (as of Oct 29, 2026) from 21 valuation models. Cautious scenario €0.4900, optimistic scenario €4.71. It is a calculation from audited fundamentals, not an analyst target.
What is the Figeac Aero SA stock forecast for 2026?
Our models put fair value at €2.22, about −78% upside versus a price of €10.00 (overvalued). Cautious scenario €0.4900, optimistic scenario €4.71. The calculation is refreshed regularly with new filings.
What is the revenue of Figeac Aero SA (FGA)?
Figeac Aero SA reported trailing-twelve-month revenue of about €487M (latest available figure, as of Oct 29, 2026).
What growth is priced into Figeac Aero SA (FGA)?
For today's price to be fair in a discounted-cash-flow model, Figeac Aero SA would have to grow free cash flow by +15.0 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +19.9 % per year. As of Oct 29, 2026.
What discount rate (WACC) does the fair value of FGA use?
Our models discount Figeac Aero SA at 11.1 %: a base by market capitalisation (small), damped by beta 0.76, country premium for France. 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 Figeac Aero SA that is +15.0 % per year a year over ten years, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Figeac Aero SA (FGA) delivered so far?
Over the past 5 years revenue at Figeac Aero SA grew +19.9 % a year. The price currently implies +15.0 % 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 Figeac Aero SA (FGA) growing?
The median revenue growth in the sector is +7.7 % a year. That is the yardstick for the growth priced into Figeac Aero SA (+15.0 % 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 Figeac Aero SA (FGA)?
The free-cash-flow yield on the price is 6.85 %: that much free cash flow Figeac Aero SA produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Figeac Aero SA (FGA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Figeac Aero SA it is €2.22 per share (as of Oct 29, 2026), against a price of €10.00. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is Figeac Aero SA stock overvalued or undervalued in 2026?
As of Oct 29, 2026, FGA trades above its calculated fair value: price €10.00, fair value €2.22, a gap of about −78% (overvalued). 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 FGA?
No. The price is what the market pays today (€10.00); the fair value is what the company's own numbers justify (€2.22). For Figeac Aero SA the two are €7.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is Figeac Aero SA worth?
The market values Figeac Aero SA at about €442M (market capitalisation, as of Oct 29, 2026). Per share that is €10.00; our models calculate a fair value of €2.22 per share.
What do the bullish and bearish scenarios say about FGA?
Our models span a range for Figeac Aero SA: cautious scenario €0.4900, base €2.22, optimistic €4.71 per share (as of Oct 29, 2026, price €10.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Figeac Aero SA (FGA)?
Balance-sheet figures for Figeac Aero SA (as of Oct 29, 2026): return on equity 1.1%, debt of 3.43 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is FGA from its 52-week high?
Figeac Aero SA trades at €10.00, about 20% below its 52-week high of €12.55 and 9% above the low of €9.14 (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of €2.22 is for.
Which stocks are comparable to Figeac Aero SA?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Safran SA, 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 Figeac Aero SA stock attractive at the current price?
The data as of Oct 29, 2026: price €10.00, calculated fair value €2.22 (−78%), Quality Score 44/100, from 21 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 FGA calculated?
We run Figeac Aero SA through 21 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 €2.22, 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 13.4 % above its aggregate fair value. Figeac Aero SA itself currently trades above fair value. 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 Figeac Aero SA (FGA)?
The closing price on Oct 28, 2026 was €10.00. Our model-based fair value is €2.22, about −78% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Figeac Aero SA right now?
The price sits above even our optimistic bull case (€4.71). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (€0.4900 to €4.71). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Figeac Aero SA
How large is the market capitalisation of Figeac Aero SA (FGA)?
The market capitalisation of Figeac Aero SA is €442M. 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 is the P/E ratio of Figeac Aero SA (FGA)?
The price-to-earnings ratio of Figeac Aero SA is 500.0. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Figeac Aero SA (FGA)?
The price-to-sales ratio of Figeac Aero SA is 1.01 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Figeac Aero SA (FGA)?
Earnings per share at Figeac Aero SA are €0.0200 (price ÷ EPS = P/E 500.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Figeac Aero SA (FGA)?
The net margin of Figeac Aero SA is 0.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Figeac Aero SA (FGA)?
The return on equity (ROE) of Figeac Aero SA is 1.1% (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 Figeac Aero SA (FGA)?
On an EBIT basis the return on assets of Figeac Aero SA is 0.1% (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 Figeac Aero SA (FGA)?
The operating margin of Figeac Aero SA is 8.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Figeac Aero SA (FGA)?
Revenue at Figeac Aero SA is growing +16.8% versus a year earlier (3y avg +14.1%). 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 Figeac Aero SA (FGA)?
Earnings per share at Figeac Aero SA are growing +192% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Figeac Aero SA (FGA) carry?
The net debt of Figeac Aero SA is €270M (fiscal year 2026, ≈ 8.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Oct 29, 2026