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Mevaco S.A (MEVA) Fair Value & Analysis

Basic Materials · GR · Market cap €92.6M

MS Mevaco S.A MEVA · AT
Price€7.92
Fair Value€14.70
Upside+85.6%
Quality69/100
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Mixed Growth
Solidly profitable · 13.9% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Wide moat 68/100
Evidence: High Range €10.13 – €31.23 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 23 days ago

Share price −7.0% over the past month.

A solid business, screening 86% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€10.13). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (€10.13 to €31.23). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (69/100) 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)

€9.70 €1.52 Fair Value €14.70 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range €1.52 – €9.70 · fair‑value band €10.13 – €31.23 · the €7.92 price screens below the €14.70 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Mevaco S.A (MEVA) currently trades at €7.92, while our model-based Fair Value estimate is €14.70, implying the stock looks roughly 85.6% undervalued today. The Quality Score stands at 69/100 (solid quality), in the Basic Materials 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, Mevaco S.A generated revenue of €72.7M at a net margin of 13.9%. Revenue declined 47.6% year over year. It earns a return on equity of 26.7%. The stock trades on a trailing P/E of 9.2. Fundamentals as of Jul 18, 2026

Our scenario range runs from €10.13 (bear case) to €31.23 (bull case); at €7.92, 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 20% below its 52-week high and 55% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 86%, MEVA 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 €3.76 €5.46 €8.12 80
Residual Income €4.97 €6.69 €24.92 76
Rev-Margin DCF €7.75 €13.99 €26.96 74
All 24 models by family
DCF Models
FCF DCF €3.94 €5.13 €8.60 38
Owner Earnings €10.20 €19.08 €34.59 31
5Y Revenue Exit €7.07 €12.37 €23.54 39
5Y EBITDA Exit €8.68 €15.63 €29.29 41
5Y P/E Exit €9.94 €22.69 €40.33 38
10Y Revenue Exit €5.64 €12.77 €17.80 36
10Y EBITDA Exit €6.89 €15.73 €31.65 37
10Y P/E Exit €7.68 €18.05 €35.60 35
Earnings-Based
Graham-Dodd €6.53 €45.52 €63.88 54
Lynch FV €23.52 €33.59 €43.67 50
PEG = 1.0 €23.52 €33.59 €43.67 46
EPV €9.15 €10.13 €10.93 59
Multiples
P/E Multiple €12.24 €16.32 €20.40 63
P/S Multiple €7.79 €10.38 €12.98 58
P/B Multiple €8.90 €11.87 €14.84 55
EV/EBIT €14.33 €18.77 €23.22 53
EV/EBITDA €11.27 €14.70 €18.13 54
EV/Revenue €8.25 €11.37 €14.48 43
Asset-Based
NCAV (Graham) €1.98 €2.65 €3.96 50
Growth DCF
Growth DCF €3.76 €5.46 €8.12 80
Rev-Margin DCF €7.75 €13.99 €26.96 74
Economic Profit
Residual Income €4.97 €6.69 €24.92 76
ROIC Compounder €11.04 €14.85 €19.26 72
Growth Earnings
Growth-Adj P/E €28.93 €41.33 €53.73 68

Widest divergence: Growth Earnings (€41.33) versus Asset-Based (€2.65). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €72.7M
Revenue growth (YoY) -47.6%
Net margin 13.9%
Return on equity 26.7%
Free cash flow €2.6M FY2025
P/E ratio 9.2
More key figures
Operating margin 14.2%
EPS (TTM) €0.9600
EPS growth (YoY) -34.1%

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 67 · Market factors (momentum, volatility) 59

Profitability 76
Margins and returns on capital today
Quality Growth 96
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 82
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

Mevaco S.A. engages in metal fabrication and construction business in Greece, the United Kingdom, Romania, Denmark, France, Russia, Australia, and internationally.

Full company description

Mevaco S.A. engages in metal fabrication and construction business in Greece, the United Kingdom, Romania, Denmark, France, Russia, Australia, and internationally. It offers PV support structures, welding metallic constructions, sheet metal fabrication, metal welded structures for defense applications, electronic board construction, composite electromechanical constructions, and facades aesthetic improvements services. Mevaco S.A. was founded in 1993 and is based in Aspropyrgos, Greece.

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

Revenue & earnings trend

FY2020 – FY2025 · reported fiscal years

Mevaco S.A reported revenue of €72.7M in FY2025 versus €8.9M in FY2020, a compound +52.2%/yr. Reported net income was €10.1M in FY2025.

Growth Quality 72/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€72.7M
Latest YoY
+19.6%
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.
+21.1%
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.
+52.2%
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.
+16.4%
Revenue +52.2%/yr
FY20 €8.9M
FY21 €25.6M
FY22 €41.0M
FY24 €60.8M
FY25 €72.7M
Net income
FY20 −€539K
FY21 €1.9M
FY22 €3.2M
FY24 €5.0M
FY25 €10.1M

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

Peer Group

Steel · 378 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 69 · Top 25%
Fair Value upside +86% · Top 25%
Return on equity (TTM) 27% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth -48% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than 75% of peers
P/B 2.58× · Pricier than 75% of peers
P/S (TTM) 1.47× · Pricier than 75% of peers
P/FCF 40.8× · Pricier than 75% of peers
EV/EBITDA 6.8× · 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 100 · sector 19
FUTURE 0 · sector 4
PAST 100 · sector 15
HEALTH 97 · sector 95
DIVIDEND 0 · sector 41

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 Steel stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Mevaco S.A (MEVA) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of €14.70 versus a price of €7.92, about +86% (undervalued).
What is the fair value of MEVA?
Our model-based fair value for Mevaco S.A is €14.70 (as of Jul 18, 2026), built from audited fundamentals. The current price is €7.92.
What is the quality score of MEVA?
Mevaco S.A has a Quality Score of 69/100. 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 Mevaco S.A (MEVA)?
Mevaco S.A reported trailing-twelve-month revenue of about €72.7M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of MEVA?
The net profit margin of Mevaco S.A is about 13.9%, meaning it keeps roughly 13.9% 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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