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Lavipharm S.A (LAVI) Fair Value & Analysis

Healthcare · GR · Market cap €266M

LS Lavipharm S.A LAVI · AT
Price€1.56
Fair Value€0.5600
Upside-64.1%
Quality52/100
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Mixed Growth
Thin margins · 8.0% net margin
Low debt · generates free cash flow
Trails peers (5/14)
Narrow moat 42/100
Evidence: High Range €0.2900 – €0.9200 Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 24 days ago

Share price +4.0% over the past month.

A solid business, but screening 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€0.9200). The favourable scenario is already priced in.
  • The model range is unusually wide (€0.2900 to €0.9200). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

€2.00 €0.3341 Fair Value €0.5600 Apr 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 €0.3341 – €2.00 · fair‑value band €0.2900 – €0.9200 · the €1.56 price screens above the €0.5600 fair value. Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

Lavipharm S.A (LAVI) currently trades at €1.56, while our model-based Fair Value estimate is €0.5600, implying the stock looks roughly 64.1% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Healthcare 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, Lavipharm S.A generated revenue of €64.5M at a net margin of 8.0%. Revenue grew 15.4% year over year. It earns a return on equity of 9.2%. Net debt stands at €14.5M. Fundamentals as of Jul 17, 2026

Our scenario range runs from €0.2900 (bear case) to €0.9200 (bull case); at €1.56, 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 10% below its 52-week high and 118% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at -64%, LAVI 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 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 €0.0800 €0.1300 €0.1900 80
Residual Income €0.2700 €0.2900 €0.3200 76
Rev-Margin DCF €0.2900 €0.5500 €0.8700 74
All 24 models by family
DCF Models
FCF DCF €0.0800 €0.1400 €0.2100 38
Owner Earnings €0.3200 €0.5000 €0.7300 31
5Y Revenue Exit €0.2900 €0.5600 €0.9300 39
5Y EBITDA Exit €0.4800 €0.9300 €1.50 41
5Y P/E Exit €0.3200 €0.6300 €0.9600 38
10Y Revenue Exit €0.1800 €0.3900 €0.6900 36
10Y EBITDA Exit €0.3000 €0.6100 €1.08 37
10Y P/E Exit €0.2100 €0.4300 €0.7200 35
Earnings-Based
Graham-Dodd €0.2400 €0.9700 €1.32 54
Lynch FV €0.2400 €0.3500 €0.4500 50
PEG = 1.0 €0.2400 €0.3500 €0.4500 46
EPV €0.3100 €0.3500 €0.3800 59
Multiples
P/E Multiple €0.5800 €0.7700 €0.9600 63
P/S Multiple €0.4500 €0.6000 €0.7400 58
P/B Multiple €0.4500 €0.6000 €0.7400 55
EV/EBIT €0.6500 €0.8700 €1.10 53
EV/EBITDA €0.8500 €1.14 €1.43 54
EV/Revenue €0.4600 €0.6600 €0.8700 43
Asset-Based
NCAV (Graham) €0.1700 €0.2200 €0.3300 50
Growth DCF
Growth DCF €0.0800 €0.1300 €0.1900 80
Rev-Margin DCF €0.2900 €0.5500 €0.8700 74
Economic Profit
Residual Income €0.2700 €0.2900 €0.3200 76
ROIC Compounder €0.3100 €0.3600 €0.4400 72
Growth Earnings
Growth-Adj P/E €0.4300 €0.6200 €0.8000 68

Widest divergence: Multiples (€0.6600) versus Growth DCF (€0.1300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €64.5M
Revenue growth (YoY) +15.4%
Net margin 8.0%
Return on equity 9.2%
Free cash flow €2.0M FY2025
P/E ratio 51.9
More key figures
Operating margin 12.5%
EPS (TTM) €0.0300
EPS growth (YoY) -37.7%
Net debt €14.5M FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 50 · Market factors (momentum, volatility) 73

Profitability 40
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 91
Distance to the 52-week high (market factor)
Net Issuance 80
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

Lavipharm S.A. engages in the research, development, manufacturing, import, marketing, sale, and wholesaling of pharmaceutical, dermocosmetic, and healthcare products in Greece and internationally.

Full company description

Lavipharm S.A. engages in the research, development, manufacturing, import, marketing, sale, and wholesaling of pharmaceutical, dermocosmetic, and healthcare products in Greece and internationally. The company offers pharmaceutical products for cardiology, chronic pain and oncology, central nervous system, respiratory system, gastrointestinal system, and urology; and over the counter (OTC) drugs, such as antiseptics, anagelsics, and anti-lice treatment products. It also provides a range of skincare products focused on health. The company was founded in 1911 and is based in Paiania, Greece.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lavipharm S.A reported revenue of €62.6M in FY2025 versus €39.7M in FY2021, a compound +12.0%/yr. Reported net income was €6.0M in FY2025, compounding +36.5%/yr from FY2021.

Growth Quality 68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€62.6M
Latest YoY
+18.2%
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.
+10.8%
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.
+10.7%
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.
+6.8%
Revenue +12.0%/yr
FY21 €39.7M
FY22 €46.0M
FY23 €47.8M
FY24 €52.9M
FY25 €62.6M
Net income +36.5%/yr
FY21 €1.7M
FY22 €834K
FY23 €1.9M
FY24 €9.0M
FY25 €6.0M

LAVI screens 64% overvalued. Compare with Jiangsu Hengrui Pharmaceuticals Co →

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

Peer Group

Drug Manufacturers - Specialty & Generic · 623 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 52 · Below median
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 9% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 12% · Above median
Revenue growth 15% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/E (TTM) 51.9× · Pricier than 75% of peers
P/B 5.44× · Pricier than 75% of peers
P/S (TTM) 4.76× · Pricier than 75% of peers
P/FCF 150.0× · Pricier than 75% of peers
EV/EBITDA 23.4× · Pricier than 75% of peers

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 6
FUTURE 77 · sector 20
PAST 37 · sector 24
HEALTH 91 · sector 97
DIVIDEND 0 · sector 34

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Lavipharm S.A (LAVI) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €0.5600 versus a price of €1.56, about −64% (overvalued).
What is the fair value of LAVI?
Our model-based fair value for Lavipharm S.A is €0.5600 (as of Jul 17, 2026), built from audited fundamentals. The current price is €1.56.
What is the quality score of LAVI?
Lavipharm S.A has a Quality Score of 52/100. 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 Lavipharm S.A (LAVI)?
Lavipharm S.A reported trailing-twelve-month revenue of about €64.5M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of LAVI?
The net profit margin of Lavipharm S.A is about 8.0%, meaning it keeps roughly 8.0% 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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