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Jacques Bogart S.A (JBOG) Fair Value & Analysis

Consumer Defensive · FR · Market cap €28.7M

JB Jacques Bogart S.A JBOG · PA
Price€2.30
Fair Value€5.88
Upside+155.7%
Quality45/100
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Mixed Growth
Loss-making · -8.6% net margin
Low debt · generates free cash flow
Trails peers (3/12)
Narrow moat 14/100
Evidence: Medium Range €1.65 – €10.12 Share as image

Fair value as of: Jul 11, 2026

From 13 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from €6.04 to €5.88 (−2.6%) since Jun 25, 2026. Share price +17.3% over the past month.

Below-average quality, screening 156% undervalued on our models.

What matters now

  • The model range is unusually wide (€1.65 to €10.12). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

€11.57 €1.75 Fair Value €5.88 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range €1.75 – €11.57 · fair‑value band €1.65 – €10.12 · the €2.30 price screens below the €5.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Jacques Bogart S.A (JBOG) currently trades at €2.30, while our model-based Fair Value estimate is €5.88, implying the stock looks roughly 155.7% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Consumer Defensive 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: medium), always confirm before acting.

Over the trailing twelve months, Jacques Bogart S.A generated revenue of €278M at a net margin of -3.5%. Revenue declined 8.5% year over year. It earns a return on equity of -13.7%. Net debt stands at €166M. Fundamentals as of Jul 11, 2026

Our scenario range runs from €1.65 (bear case) to €10.12 (bull case); at €2.30, the current price sits within 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 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at 156%, JBOG 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 €9.12 €11.52 €14.28 80
Rev-Margin DCF €9.30 €13.50 €18.21 74
Gordon GGM €1.12 €1.87 €2.43 70
All 13 models by family
DCF Models
FCF DCF €9.08 €11.83 €15.15 38
Owner Earnings €7.24 €9.32 €11.85 31
5Y Revenue Exit €9.30 €13.42 €18.56 39
5Y EBITDA Exit €11.17 €16.84 €23.31 41
10Y Revenue Exit €8.92 €12.26 €16.52 36
10Y EBITDA Exit €10.12 €14.26 €19.55 37
Dividend Discount
Gordon GGM €1.12 €1.87 €2.43 70
DDM Multi-Stage €1.12 €1.61 €2.01 61
Multiples
EV/EBITDA €14.43 €18.78 €23.14 54
EV/Revenue €10.00 €13.71 €17.41 43
Asset-Based
NCAV (Graham) €1.96 €2.63 €3.93 50
Growth DCF
Growth DCF €9.12 €11.52 €14.28 80
Rev-Margin DCF €9.30 €13.50 €18.21 74

Widest divergence: Multiples (€13.71) versus Dividend Discount (€1.61). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €265M
Revenue growth (YoY) -8.6%
Net margin -8.6%
Return on equity -32.2%
Free cash flow €13.9M FY2025
Operating margin -2.1%
More key figures
EPS (TTM) €-1.55
EPS growth (YoY) -43.6%
Net debt €166M FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 43 · Market factors (momentum, volatility) 22

Profitability 25
Margins and returns on capital today
Quality Growth 19
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 84
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

Jacques Bogart S.A. designs, produces, and distributes perfumes and cosmetics worldwide. The company markets its fragrance and cosmetic products under the April, Carven Parfums, Chevignon, Close, Cousin.e.s, I Wanna Have, Jacques Bogart, Méthode Jeanne Piaubert, Stendhal, Ted Lapidus, and Rose et Marius brands, as well as fashion products under the TED …

Full company description

Jacques Bogart S.A. designs, produces, and distributes perfumes and cosmetics worldwide. The company markets its fragrance and cosmetic products under the April, Carven Parfums, Chevignon, Close, Cousin.e.s, I Wanna Have, Jacques Bogart, Méthode Jeanne Piaubert, Stendhal, Ted Lapidus, and Rose et Marius brands, as well as fashion products under the TED LAPIDUS FASHION brand name. It also operates as a beauty retailer. The company was founded in 1975 and is based in Paris, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jacques Bogart S.A reported revenue of €265M in FY2025 versus €246M in FY2021, a compound +1.9%/yr. Reported net income was −€22.6M in FY2025.

Growth Quality 31/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€265M
Latest YoY
−8.6%
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.
−3.1%
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.
+3.5%
Avg. growth/yr (25Y) 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.
−2.6%
Revenue +1.9%/yr
FY21 €246M
FY22 €291M
FY23 €293M
FY24 €290M
FY25 €265M
Net income
FY21 €754K
FY22 −€10.4M
FY23 €3.8M
FY24 −€441K
FY25 −€22.6M

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Cite: Fair Value Calculator (2026). "Jacques Bogart S.A Fair Value". https://www.fairvalue-calculator.com/stock/JBOG

Peer Group

Household & Personal Products · 244 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 45 · Bottom 25%
Fair Value upside +156% · Top 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -9% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.29× · Higher than median

Valuation Multiples vs Household & Personal Products median · lower = cheaper

P/B 0.58× · Cheaper than median
P/S (TTM) 0.13× · Cheaper than 75% of peers
P/FCF 2.4× · 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 100 · sector 28
FUTURE 0 · sector 4
PAST 0 · sector 26
HEALTH 85 · sector 98
DIVIDEND 0 · sector 51

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Jacques Bogart S.A (JBOG) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of €5.88 versus a price of €2.30, about +156% (undervalued).
What is the fair value of JBOG?
Our model-based fair value for Jacques Bogart S.A is €5.88 (as of Jul 11, 2026), built from audited fundamentals. The current price is €2.30.
What is the quality score of JBOG?
Jacques Bogart S.A has a Quality Score of 45/100. 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 Jacques Bogart S.A (JBOG)?
Jacques Bogart S.A reported trailing-twelve-month revenue of about €278M (latest available figure, as of Jul 11, 2026).
What is the net profit margin of JBOG?
The net profit margin of Jacques Bogart S.A is about -3.5%, meaning it is currently running at a net loss. 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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