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Locasystem International SA (MLLOI) Fair Value & Analysis

Technology · FR · Market cap €4.5M

LI Locasystem International SA MLLOI · PA
Price€12.00
Fair Value€24.07
Upside+100.6%
Quality63/100
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Weak Growth
Thin margins · 0.0% net margin
generates free cash flow
4.17% dividend yield
Trails peers (4/11)
Narrow moat 13/100
Evidence: Medium Range €18.27 – €29.88 Share as image

Fair value as of: Jul 13, 2026

From 11 valuation models · updated 28 days ago

Share price +31.1% over the past month.

A solid business, screening 101% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€18.27). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) 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)

€28.87 €2.39 Fair Value €24.07 May 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range €2.39 – €28.87 · fair‑value band €18.27 – €29.88 · the €12.00 price screens below the €24.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Locasystem International SA (MLLOI) currently trades at €12.00, while our model-based Fair Value estimate is €24.07, implying the stock looks roughly 100.6% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Technology 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: medium), always confirm before acting.

Trailing-twelve-month revenue stands at €233K. It earns a return on equity of -26.0%. Fundamentals as of Jul 13, 2026

Our scenario range runs from €18.27 (bear case) to €29.88 (bull case); at €12.00, 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 34% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 101%, MLLOI 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 €38.33 €46.98 €59.85 72
Gordon GGM €18.71 €19.99 €21.89 70
DDM Multi-Stage €18.71 €21.65 €25.33 61
All 11 models by family
DCF Models
FCF DCF €37.43 €46.64 €61.46 38
5Y Revenue Exit €19.34 €20.83 €22.89 39
5Y EBITDA Exit €26.66 €33.48 €42.53 41
10Y Revenue Exit €27.82 €29.62 €31.01 36
10Y EBITDA Exit €31.65 €36.30 €40.84 37
Dividend Discount
Gordon GGM €18.71 €19.99 €21.89 70
DDM Multi-Stage €18.71 €21.65 €25.33 61
Multiples
EV/EBITDA €19.38 €25.18 €30.99 54
EV/Revenue €3.04 €3.50 €3.96 43
Asset-Based
NCAV (Graham) €5.78 €7.74 €11.56 50
Growth DCF
Growth DCF €38.33 €46.98 €59.85 72

Widest divergence: Growth DCF (€46.98) versus Multiples (€3.50). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) €233K
Return on equity -26.0%
Free cash flow €1.9M FY2020
Operating margin -125%
EPS (TTM) €-3.52
Dividend yield 4.6%
More key figures
Net cash €321K FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 66 · Market factors (momentum, volatility) 39

Profitability 0
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 90
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

Locasystem International SA engages in the rental of computing and office equipment in France. The company rents systems, microcomputing equipment, photocopiers, telecopiers, workstations and graphical workstations, terminals, networks, etc.

Full company description

Locasystem International SA engages in the rental of computing and office equipment in France. The company rents systems, microcomputing equipment, photocopiers, telecopiers, workstations and graphical workstations, terminals, networks, etc. It also sells equipment; and offers services, including auditing and management of computing installations, maintenance, upgrades, etc. Locasystem International SA is based in Paris, France.

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

Revenue & earnings trend

FY2020 – FY2025 · reported fiscal years

Locasystem International SA reported revenue of €233K in FY2025 versus €14.3M in FY2020, a compound −56.1%/yr. Reported net income was −€1.3M in FY2025.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€233K
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.
−4.2%
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.
−56.1%
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.
−19.1%
Revenue −56.1%/yr
FY20 €14.3M
FY21 €261K
FY22 €265K
FY23 €254K
FY25 €233K
Net income
FY20 €72.4K
FY21 €2.1M
FY22 −€244K
FY23 €1.2M
FY25 −€1.3M

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Cite: Fair Value Calculator (2026). "Locasystem International SA Fair Value". https://www.fairvalue-calculator.com/stock/MLLOI

Peer Group

Information Technology Services · 475 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 · Above median
Fair Value upside +101% · Top 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) -125% · Bottom 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 4.2% · Top 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 1.20× · Cheaper than median
P/S (TTM) 22.51× · Pricier than 75% of peers
P/FCF 2.8× · 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 100 · sector 21
FUTURE 0 · sector 31
PAST 0 · sector 37
HEALTH 0 · sector 97
DIVIDEND 83 · sector 37

Insider activity: 40/100

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Locasystem International SA (MLLOI) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of €24.07 versus a price of €12.00, about +101% (undervalued).
What is the fair value of MLLOI?
Our model-based fair value for Locasystem International SA is €24.07 (as of Jul 13, 2026), built from audited fundamentals. The current price is €12.00.
What is the quality score of MLLOI?
Locasystem International SA has a Quality Score of 63/100. 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 Locasystem International SA (MLLOI)?
Locasystem International SA reported trailing-twelve-month revenue of about €233K (latest available figure, as of Jul 13, 2026).
What is the net profit margin of MLLOI?
The net profit margin of Locasystem International SA is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Locasystem International SA pay a dividend?
Locasystem International SA currently shows a dividend yield of about 4.55% relative to its recent price (as of Jul 13, 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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