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Legrand SA (LR) Fair Value & Analysis

Industrials · FR · Market cap €36.1B

LS Legrand SA LR · PA
Price€139.05
Fair Value€84.16
Upside-39.5%
Quality63/100
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Healthy Growth
Solidly profitable · 13.2% net margin
Moderate debt · generates free cash flow
1.69% dividend yield
Ranks above peers (9/15)
Wide moat 68/100
Evidence: High Range €49.07 – €124.63 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Jul 17, 2026, revised from €84.30 to €84.16 (−0.2%) since Jun 24, 2026. Share price −1.9% over the past month.

A solid business, but screening 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€124.63). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€49.07 to €124.63) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€157.54 €60.05 Fair Value €84.16 Jun 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 €60.05 – €157.54 · fair‑value band €49.07 – €124.63 · the €139.05 price screens above the €84.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Legrand SA (LR) currently trades at €139.05, while our model-based Fair Value estimate is €84.16, implying the stock looks roughly 39.5% overvalued today. We read business quality at 63/100 (solid 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, Legrand SA generated revenue of €9.7B at a net margin of 13.2%. Revenue grew 11.4% year over year. It earns a return on equity of 16.9%. Net debt stands at €4.2B. Fundamentals as of Jul 17, 2026

Our scenario range runs from €49.07 (bear case) to €124.63 (bull case); at €139.05, 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 15% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -39%, LR 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 BearBaseBull Evidence
Highest evidence
Growth DCF €47.46 €77.40 €120.61 80
Residual Income €30.96 €39.54 €107.51 76
Rev-Margin DCF €47.36 €84.77 €128.14 74
All 26 models by family
DCF Models
FCF DCF €46.55 €80.59 €133.05 38
Owner Earnings €49.32 €84.94 €139.86 31
5Y Revenue Exit €47.36 €84.89 €133.01 39
5Y EBITDA Exit €60.33 €109.33 €166.83 41
5Y P/E Exit €49.35 €88.64 €130.02 38
10Y Revenue Exit €44.56 €78.88 €125.42 36
10Y EBITDA Exit €54.80 €95.92 €151.41 37
10Y P/E Exit €47.78 €81.49 €123.12 35
Earnings-Based
Graham-Dodd €32.29 €104.08 €138.90 54
Lynch FV €23.13 €33.05 €42.96 50
PEG = 1.0 €23.13 €33.05 €42.96 46
EPV €44.93 €54.53 €62.94 59
Dividend Discount
Gordon GGM €20.16 €41.93 €66.51 70
DDM Multi-Stage €20.16 €33.88 €44.00 61
Multiples
P/E Multiple €71.22 €94.96 €118.70 63
P/S Multiple €60.54 €80.71 €100.89 58
P/B Multiple €60.54 €80.71 €100.89 55
EV/EBIT €91.59 €126.36 €161.13 53
EV/EBITDA €77.33 €107.34 €137.36 54
EV/Revenue €50.57 €77.70 €104.82 43
Asset-Based
NCAV (Graham) €13.91 €18.64 €27.83 50
Growth DCF
Growth DCF €47.46 €77.40 €120.61 80
Rev-Margin DCF €47.36 €84.77 €128.14 74
Economic Profit
Residual Income €30.96 €39.54 €107.51 76
ROIC Compounder €48.59 €65.74 €86.75 72
Growth Earnings
Growth-Adj P/E €59.95 €85.64 €111.33 68

Widest divergence: Growth Earnings (€85.64) versus Asset-Based (€18.64). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €9.7B
Revenue growth (YoY) +11.4%
Net margin 13.2%
Return on equity 16.9%
Free cash flow €1.4B FY2025
P/E ratio 28.3
More key figures
Operating margin 19.1%
EPS (TTM) €4.86
Dividend yield 1.7%
EPS growth (YoY) +13.8%
Net debt €4.2B FY2025

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 66 · Market factors (momentum, volatility) 49

Profitability 51
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 88
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

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally.

Full company description

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as flush-mounted, junction, DCL, and floor boxes. It also provides security, communication, and network solutions, including access security, digital home networks, emergency lighting, fire alarms, IT networks, intercom and door entry, and nurse call systems; conduits and cable management solutions comprising trunking, mini-trunking, skirting trunking, ducts, tubes, floor boxes, columns and feeders, and workstation solutions; industrial products, which comprises industrial enclosures and connections, transformers and power supply, marking accessories and cable ties, motor control and protection, fuse protection, and industrial plugs and sockets, as well as control, button, and signaling products; and installation accessories, including wiring accessories, extension cords, multi-outlet units, cable ties and fasteners, and connection boxes and terminals; and lighting products and accessories, as well as bulkhead lights and wall lights. In addition, the company offers single-phase UPS, three-phase UPS, communication accessories, software, and battery cabinets for three-phase UPS, as well as data center solutions. Further, it provides digital products and connected care services for health and social care sectors. The company also exports its products to approximately 180 countries. Legrand SA was founded in 1865 and is headquartered in Limoges, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Legrand SA reported revenue of €9.5B in FY2025 versus €7.0B in FY2021, a compound +7.9%/yr. Reported net income was €1.2B in FY2025, compounding +8.3%/yr from FY2021.

Growth Quality 89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€9.5B
Latest YoY
+9.6%
Avg. growth/yr (3Y)
+4.4%
Avg. growth/yr (5Y)
+9.2%
Avg. growth/yr (22Y)
+5.8%
Revenue +7.9%/yr
FY21 €7.0B
FY22 €8.3B
FY23 €8.4B
FY24 €8.6B
FY25 €9.5B
Net income +8.3%/yr
FY21 €905M
FY22 €1,000M
FY23 €1.1B
FY24 €1.2B
FY25 €1.2B

LR screens 39% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Legrand SA Fair Value". https://www.fairvalue-calculator.com/stock/LR

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Electrical Equipment & Parts · 519 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 63 · Top 25%
Fair Value upside −40% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 1.7% · Above median
Debt / equity 0.78× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 28.3× · Cheaper than median
P/B 5.71× · Pricier than 75% of peers
P/S (TTM) 4.27× · Pricier than 75% of peers
P/FCF 30.7× · Pricier than 75% of peers
EV/EBITDA 20.9× · Pricier than median
PEG 2.00× · 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 0
FUTURE 57 · sector 57
PAST 67 · sector 27
HEALTH 61 · sector 97
DIVIDEND 34 · sector 18

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

Insider activity: 45/100

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 12.39 SGD 1.48 SGD -88%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Legrand SA (LR) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €84.16 versus a price of €139.05, about −39% (overvalued).
What is the fair value of LR?
Our model-based fair value for Legrand SA is €84.16 (as of Jul 17, 2026), built from audited fundamentals. The current price is €139.05.
What is the quality score of LR?
Legrand SA has a Quality Score of 63/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Legrand SA (LR)?
Legrand SA reported trailing-twelve-month revenue of about €9.7B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of LR?
The net profit margin of Legrand SA is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Legrand SA pay a dividend?
Legrand SA currently shows a dividend yield of about 1.63% relative to its recent price (as of Jul 17, 2026).

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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