EN DE

MEMSCAP, S.A (MEMS) Fair Value & Analysis

Technology · FR · Market cap €35.7M

MS MEMSCAP, S.A MEMS · PA
Price€5.18
Fair Value€2.00
Upside-61.4%
Quality59/100
Watch MEMSCAP, S.A for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 5.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/14)
Narrow moat 37/100
Evidence: High Range €1.50 – €2.50 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from €2.35 to €2.00 (−14.9%) since Jun 24, 2026. Share price +9.7% over the past month.

A solid business, but screening 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€2.50). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€9.73 €0.8937 Fair Value €2.00 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €0.8937 – €9.73 · fair‑value band €1.50 – €2.50 · the €5.18 price screens above the €2.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

MEMSCAP, S.A (MEMS) currently trades at €5.18, while our model-based Fair Value estimate is €2.00, implying the stock looks roughly 61.4% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Technology 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, MEMSCAP, S.A generated revenue of €12.0M at a net margin of 7.5%. Revenue grew 16.7% year over year. It earns a return on equity of 4.8%. The stock trades on a trailing P/E of 48.6. Fundamentals as of Jul 16, 2026

Our scenario range runs from €1.50 (bear case) to €2.50 (bull case); at €5.18, 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 22% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -61%, MEMS 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 €1.82 €2.11 €2.55 80
Residual Income €1.73 €1.70 €1.43 76
Rev-Margin DCF €1.53 €1.88 €2.31 74
All 24 models by family
DCF Models
FCF DCF €1.79 €2.10 €2.60 38
Owner Earnings €2.10 €2.49 €3.12 31
5Y Revenue Exit €1.53 €1.84 €2.29 39
5Y EBITDA Exit €1.99 €2.62 €3.47 41
5Y P/E Exit €1.95 €2.57 €3.30 38
10Y Revenue Exit €1.63 €1.85 €2.07 36
10Y EBITDA Exit €1.89 €2.27 €2.67 37
10Y P/E Exit €1.87 €2.24 €2.58 35
Earnings-Based
Graham-Dodd €0.8000 €0.9900 €1.12 54
EPV €1.13 €1.20 €1.25 59
Dividend Discount
Gordon GGM €0.5100 €0.5500 €0.6000 70
DDM Multi-Stage €0.5100 €0.5900 €0.7000 61
Multiples
P/E Multiple €1.76 €2.35 €2.94 63
P/S Multiple €1.50 €2.00 €2.50 58
P/B Multiple €1.50 €2.00 €2.50 55
EV/EBIT €1.74 €2.12 €2.50 53
EV/EBITDA €2.42 €3.03 €3.65 54
EV/Revenue €1.36 €1.69 €2.03 43
Asset-Based
NCAV (Graham) €1.25 €1.68 €2.51 50
Growth DCF
Growth DCF €1.82 €2.11 €2.55 80
Rev-Margin DCF €1.53 €1.88 €2.31 74
Economic Profit
Residual Income €1.73 €1.70 €1.43 76
ROIC Compounder €1.13 €1.20 €1.25 72
Growth Earnings
Growth-Adj P/E €1.25 €1.78 €2.32 68

Widest divergence: DCF Models (€2.24) versus Dividend Discount (€0.5500). Highest evidence: Growth DCF (80).

Notify me when MEMS reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) €12.0M
Revenue growth (YoY) +16.7%
Net margin 7.5%
Return on equity 4.8%
Free cash flow €1.3M FY2025
P/E ratio 48.6
More key figures
Operating margin 9.8%
EPS (TTM) €0.1200
EPS growth (YoY) -81.3%
Net debt €21.0K FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 54

Profitability 33
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 74
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

MEMSCAP, S.A. provides micro-electro-mechanical systems (MEMS) based solutions for aerospace and defense, optical communications, medical, and biomedical markets worldwide.

Full company description

MEMSCAP, S.A. provides micro-electro-mechanical systems (MEMS) based solutions for aerospace and defense, optical communications, medical, and biomedical markets worldwide. It offers pressure sensors, pressure transducers, and pressure switches for various applications, such as air data computers, cabin pressure, engine control, altimeters, barometers, cockpit instruments, and air data test sets. The company also provides gold coated and titanium-based pressure transducers, plastic domes, line-sets, and related accessories. In addition, it supplies MEMS based variable optical attenuator chips in optical power management within fiber telecommunications and data communications networks. Further, the company offers mounting brackets, snap holders, non-sterile and sterile domes, and monitoring line sets. MEMSCAP, S.A. was incorporated in 1997 and is headquartered in Crolles, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MEMSCAP, S.A reported revenue of €12.0M in FY2025 versus €8.5M in FY2021, a compound +8.9%/yr. Reported net income was €894K in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€12.0M
Latest YoY
−5.3%
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.
+8.7%
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.
+1.5%
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.
+5.6%
Revenue +8.9%/yr
FY21 €8.5M
FY22 €9.3M
FY23 €14.1M
FY24 €12.7M
FY25 €12.0M
Net income
FY21 −€328K
FY22 €1.0M
FY23 €2.1M
FY24 €1.4M
FY25 €894K
Character of growth · EPS growth decomposed (2014-2025) +17.7 % p.a.
Revenue per share −0.4 pp

of which total revenue +0.4 pp · buybacks/dilution −0.7 pp

EBIT margin +15.0 pp
Tax rate −0.1 pp
Residual (interest, one-offs) +3.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

MEMS screens 61% overvalued. Compare with ASML Holding →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "MEMSCAP, S.A Fair Value". https://www.fairvalue-calculator.com/stock/MEMS

Peer Group

Semiconductor Equipment & Materials · 212 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 59 · Above median
Fair Value upside −61% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 6% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 6% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 39.2× · Cheaper than median
P/B 2.17× · Cheaper than median
P/S (TTM) 3.39× · Cheaper than median
P/FCF 32.6× · Pricier than 75% of peers
EV/EBITDA 31.3× · 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 31 · sector 58
PAST 19 · sector 30
HEALTH 100 · sector 96
DIVIDEND 0 · sector 16

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

Compare MEMSCAP, S.A with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is MEMSCAP, S.A (MEMS) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €2.00 versus a price of €5.18, about −61% (overvalued).
What is the fair value of MEMS?
Our model-based fair value for MEMSCAP, S.A is €2.00 (as of Jul 16, 2026), built from audited fundamentals. The current price is €5.18.
What is the quality score of MEMS?
MEMSCAP, S.A has a Quality Score of 59/100. 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 MEMSCAP, S.A (MEMS)?
MEMSCAP, S.A reported trailing-twelve-month revenue of about €12.0M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of MEMS?
The net profit margin of MEMSCAP, S.A is about 7.5%, meaning it keeps roughly 7.5% 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.

14 days Pro free · no card

Track MEMSCAP, S.A and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.