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Flexopack Société Anonyme Commercial and Industrial Plastics Company (FLEXO) Fair Value & Analysis

Consumer Cyclical · GR · Market cap €96.0M

FS Flexopack Société Anonyme Commercial and Industrial Plastics Company FLEXO · AT
Price€7.95
Fair Value€10.97
Upside+38.0%
Quality56/100
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Expensive Growth
Thin margins · 6.9% net margin
Low debt · generates free cash flow
Ranks above peers (10/13)
Moderate moat 45/100
Evidence: High Range €9.23 – €18.94 Share as image

Fair value as of: Jul 17, 2026

From 23 valuation models · updated 24 days ago

Share price +1.3% over the past month.

A solid business, screening 38% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€9.23). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€9.23 to €18.94) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€9.15 €5.50 Fair Value €10.97 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range €5.50 – €9.15 · fair‑value band €9.23 – €18.94 · the €7.95 price screens below the €10.97 fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Flexopack Société Anonyme Commercial and Industrial Plastics Company (FLEXO) currently trades at €7.95, while our model-based Fair Value estimate is €10.97, implying the stock looks roughly 38.0% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Consumer Cyclical 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, Flexopack Société Anonyme Commercial and Industrial Plastics Company generated revenue of €164M at a net margin of 6.9%. Revenue grew 1.8% year over year. It earns a return on equity of 8.3%. Net debt stands at €15.6M. Fundamentals as of Jul 17, 2026

Our scenario range runs from €9.23 (bear case) to €18.94 (bull case); at €7.95, 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 15% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 38%, FLEXO 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 €0.3700 €0.7400 €1.18 80
Residual Income €8.82 €9.07 €9.04 76
ROIC Compounder €7.25 €8.19 €8.96 72
All 23 models by family
DCF Models
FCF DCF €0.3800 €0.8100 €1.37 38
Owner Earnings €5.46 €8.12 €11.56 31
5Y Revenue Exit €7.24 €14.09 €23.18 39
5Y EBITDA Exit €7.99 €15.51 €24.60 41
5Y P/E Exit €5.92 €11.56 €17.68 38
10Y Revenue Exit €3.83 €8.71 €15.78 36
10Y EBITDA Exit €4.55 €9.57 €16.73 37
10Y P/E Exit €3.42 €7.19 €12.12 35
Earnings-Based
Graham-Dodd €6.44 €22.51 €30.27 54
Lynch FV €5.24 €7.49 €9.74 50
PEG = 1.0 €5.24 €7.49 €9.74 46
EPV €7.25 €8.19 €8.96 59
Multiples
P/E Multiple €12.07 €16.10 €20.12 63
P/S Multiple €12.07 €16.10 €20.12 58
P/B Multiple €12.07 €16.10 €20.12 55
EV/EBIT €15.20 €20.47 €25.74 53
EV/EBITDA €15.54 €20.92 €26.31 54
EV/Revenue €13.09 €18.96 €24.84 43
Asset-Based
NCAV (Graham) €5.89 €7.89 €11.78 50
Growth DCF
Growth DCF €0.3700 €0.7400 €1.18 80
Economic Profit
Residual Income €8.82 €9.07 €9.04 76
ROIC Compounder €7.25 €8.19 €8.96 72
Growth Earnings
Growth-Adj P/E €10.71 €15.30 €19.89 68

Widest divergence: Multiples (€16.10) versus Growth DCF (€0.7400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €164M
Revenue growth (YoY) +1.8%
Net margin 6.9%
Return on equity 8.3%
Free cash flow €1.4M FY2025
P/E ratio 8.5
More key figures
Operating margin 11.5%
EPS (TTM) €0.9500
EPS growth (YoY) +20.3%
Net debt €15.6M FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 55 · Market factors (momentum, volatility) 49

Profitability 41
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 76
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

Flexopack Société Anonyme Commercial and Industrial Plastics Company, together with its subsidiaries, manufactures and sells flexible plastic packaging materials for the food industry in Greece, other European countries, and internationally. It primarily offers barrier and non-barrier films.

Full company description

Flexopack Société Anonyme Commercial and Industrial Plastics Company, together with its subsidiaries, manufactures and sells flexible plastic packaging materials for the food industry in Greece, other European countries, and internationally. It primarily offers barrier and non-barrier films. The company's products include lidding films, skin films, shrink bags and films, cook-in and sustainable products, thermoforming films. It provides its products under the Flexolid, Flexion, FlexoFresh, FlexoShrink, FlexoCook, FreshOnBoard, and MonoFresh brands. The company serves the food industry, which include meat, poultry, dairy, and fish and seafood, as well as printing/conversion and personal care packaging industries. Flexopack Société Anonyme Commercial and Industrial Plastics Company was founded in 1979 and is based in Koropi, Greece.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Flexopack Société Anonyme Commercial and Industrial Plastics Company reported revenue of €164M in FY2025 versus €114M in FY2021, a compound +9.4%/yr. Reported net income was €11.2M in FY2025, compounding +1.9%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€164M
Latest YoY
+4.6%
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.
+2.7%
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.
+11.1%
Avg. growth/yr (11Y) 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.
+9.8%
Revenue +9.4%/yr
FY21 €114M
FY22 €151M
FY23 €153M
FY24 €157M
FY25 €164M
Net income +1.9%/yr
FY21 €10.4M
FY22 €14.1M
FY23 €15.1M
FY24 €10.7M
FY25 €11.2M

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Cite: Fair Value Calculator (2026). "Flexopack Société Anonyme Commercial and Industrial Plastics Company Fair Value". https://www.fairvalue-calculator.com/stock/FLEXO

Peer Group

Packaging & Containers · 272 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 56 · Above median
Fair Value upside +38% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 11% · Top 25%
Revenue growth 2% · Above median
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 8.5× · Cheaper than 75% of peers
P/B 0.79× · Cheaper than median
P/S (TTM) 0.68× · Pricier than median
P/FCF 81.0× · Pricier than 75% of peers
EV/EBITDA 4.6× · Cheaper 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 84 · sector 9
FUTURE 9 · sector 1
PAST 33 · sector 21
HEALTH 87 · sector 92
DIVIDEND 0 · sector 42

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

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PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
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Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is Flexopack Société Anonyme Commercial and Industrial Plastics Company (FLEXO) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €10.97 versus a price of €7.95, about +38% (undervalued).
What is the fair value of FLEXO?
Our model-based fair value for Flexopack Société Anonyme Commercial and Industrial Plastics Company is €10.97 (as of Jul 17, 2026), built from audited fundamentals. The current price is €7.95.
What is the quality score of FLEXO?
Flexopack Société Anonyme Commercial and Industrial Plastics Company has a Quality Score of 56/100. 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 Flexopack Société Anonyme Commercial and Industrial Plastics Company (FLEXO)?
Flexopack Société Anonyme Commercial and Industrial Plastics Company reported trailing-twelve-month revenue of about €164M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of FLEXO?
The net profit margin of Flexopack Société Anonyme Commercial and Industrial Plastics Company is about 6.9%, meaning it keeps roughly 6.9% 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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