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Magis S.p.A (MGS) Fair Value & Analysis

Basic Materials · IT · Market cap €56.1M

MS Magis S.p.A MGS · MI
Price€9.55
Fair Value€9.48
Upside-0.7%
Quality42/100
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Expensive Growth
Thin margins · 4.1% net margin
Low debt · negative free cash flow
Ranks above peers (8/12)
Narrow moat 38/100
Evidence: High Range €8.07 – €10.67 Share as image

Fair value as of: Jul 19, 2026

From 15 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from €7.06 to €9.48 (+34.3%) since Jun 24, 2026. Share price −2.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from €8.07 (bear) to €10.67 (bull), base €9.48. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 42/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (4 years)

€14.30 €9.05 Fair Value €9.48 Dec 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

43‑month range €9.05 – €14.30 · fair‑value band €8.07 – €10.67 · the €9.55 price screens above the €9.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Magis S.p.A (MGS) currently trades at €9.55, while our model-based Fair Value estimate is €9.48, implying the stock looks roughly 0.7% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Basic Materials 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, Magis S.p.A generated revenue of €77.1M at a net margin of 4.1%. Revenue declined 3.9% year over year. It earns a return on equity of 6.8%. The stock trades on a trailing P/E of 18.0. Fundamentals as of Jul 19, 2026

Our scenario range runs from €8.07 (bear case) to €10.67 (bull case); at €9.55, 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 33% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at -1%, MGS 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
Residual Income €5.78 €5.95 €5.73 76
ROIC Compounder €5.44 €6.04 €6.52 72
Gordon GGM €6.04 €6.45 €7.06 70
All 15 models by family
DCF Models
Owner Earnings €4.71 €5.81 €7.57 31
Earnings-Based
Graham-Dodd €3.70 €4.52 €5.09 54
EPV €5.44 €6.04 €6.52 59
Dividend Discount
Gordon GGM €6.04 €6.45 €7.06 70
DDM Multi-Stage €6.04 €6.99 €8.18 61
Multiples
P/E Multiple €6.94 €9.26 €11.57 63
P/S Multiple €6.94 €9.26 €11.57 58
P/B Multiple €6.94 €9.26 €11.57 55
EV/EBIT €9.71 €12.78 €15.86 53
EV/EBITDA €11.64 €15.36 €19.08 54
EV/Revenue €8.48 €11.91 €15.33 43
Asset-Based
NCAV (Graham) €3.91 €5.24 €7.82 50
Economic Profit
Residual Income €5.78 €5.95 €5.73 76
ROIC Compounder €5.44 €6.04 €6.52 72
Growth Earnings
Growth-Adj P/E €4.95 €7.06 €9.18 68

Widest divergence: Multiples (€9.26) versus Earnings-Based (€4.52). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) €77.1M
Revenue growth (YoY) -3.9%
Net margin 4.1%
Return on equity 6.8%
Free cash flow −€2.5M FY2025
P/E ratio 18.0
More key figures
Operating margin 6.9%
EPS (TTM) €0.5400
EPS growth (YoY) -68.7%
Net debt €14.5K FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 41

Profitability 48
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 33
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

Magis S.p.A. engages in the manufacture and sale of adhesive tapes and closure systems for disposable diapers and products for adult incontinence. The company offers neutral and printed polypropylene adhesive tapes, double-sided adhesive papers, and mechanical closures for diapers under the Frontal Tape and Side Tape brand names. Magis S.p.A.

Full company description

Magis S.p.A. engages in the manufacture and sale of adhesive tapes and closure systems for disposable diapers and products for adult incontinence. The company offers neutral and printed polypropylene adhesive tapes, double-sided adhesive papers, and mechanical closures for diapers under the Frontal Tape and Side Tape brand names. Magis S.p.A. was founded in 1983 and is headquartered in Cerreto Guidi, Italy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Magis S.p.A reported revenue of €76.0M in FY2025 versus €69.9M in FY2021, a compound +2.1%/yr. Reported net income was €3.1M in FY2025, compounding −3.7%/yr from FY2021.

Growth Quality 37/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€76.0M
Latest YoY
−4.7%
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.
−6.6%
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.
+7.4%
Revenue +2.1%/yr
FY21 €69.9M
FY22 €93.2M
FY23 €78.9M
FY24 €79.7M
FY25 €76.0M
Net income −3.7%/yr
FY21 €3.7M
FY22 €7.7M
FY23 €8.2M
FY24 €8.7M
FY25 €3.1M

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

Peer Group

Specialty Chemicals · 673 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 42 · Bottom 25%
Fair Value upside −1% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth -4% · Below median
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 18.0× · Cheaper than median
P/B 1.43× · Cheaper than median
P/S (TTM) 0.84× · Cheaper than median
EV/EBITDA 7.2× · 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 32 · sector 0
FUTURE 0 · sector 19
PAST 27 · sector 23
HEALTH 96 · sector 95
DIVIDEND 0 · sector 25

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

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Frequently asked questions

Is Magis S.p.A (MGS) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of €9.48 versus a price of €9.55, about −1% (fairly valued).
What is the fair value of MGS?
Our model-based fair value for Magis S.p.A is €9.48 (as of Jul 19, 2026), built from audited fundamentals. The current price is €9.55.
What is the quality score of MGS?
Magis S.p.A has a Quality Score of 42/100. 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 Magis S.p.A (MGS)?
Magis S.p.A reported trailing-twelve-month revenue of about €77.1M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MGS?
The net profit margin of Magis S.p.A is about 4.1%, meaning it keeps roughly 4.1% 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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