Pacte Novation (MLPAC) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Pacte Novation stock €3.18, price €7.20, upside -55.8%, quality 52 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 31, 2026.
How to read this chart
60‑month range €1.55 – €11.70 · fair‑value band €2.10 – €3.97 · the €7.20 price screens above the €3.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Oct 31, 2026.
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Pacte Novation provides information systems, expert systems, embedded systems, and software publishing solutions in France.
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The company offers business information system software that allows to collect, store, process, and distribute various information flows; real-time embedded systems; artificial intelligence (AI) software; and big data and data science, and AI training solutions.
It also provides railways information systems, such as European rail traffic management systems; Embedded real-time railway systems; and design office and CAD software. The company was incorporated in 1994 and is headquartered in Issy-les-Moulineaux, France.
Stock analysis
Pacte Novation (MLPAC) currently trades at €7.20, while our model-based Fair Value estimate is €3.18, 55.8% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 85/100, which puts the data coverage at low.
Scenario range: €2.10 (bear) to €3.97 (bull), the price of €7.20 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Pacte Novation reported revenue of €7.8M in FY2024 versus €7.7M in FY2020, a compound +0.4%/yr. Reported net income was −€159K in FY2024.
Key figures
Market cap €3.7M Micro · P/S ratio 0.48 · EPS (TTM) €−0.2800 · Dividend yield 0.0% · Net margin −2.0% · Return on equity −6.8% · Return on assets (EBIT) 2.7% · Operating margin 0.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 16 out of 100 (low confidence).
What moves the price
The share trades about 23% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at −56%, MLPAC screens richer than that median.
Fair Value models
Bear€2.10Fair Value €3.18Bull€3.97
Price €7.20 · Upside -55.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.9%
Revenue growth 24 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.5%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
5.3% (2018) → −1.1% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software - Application · 645 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside−55.8% · Bottom 25%
Profitability
Return on assets−3.2% · Below median
Net margin (12 months)−2.0% · Below median
Operating margin (12 months)0.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.0% · Below median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Software - Application median · lower = cheaper
P/B1.70× · Cheaper than median
P/S (12 months)0.47× · Cheapest 25%
EV/EBITDA35.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 28
FUTURE (revenue growth)0· sector 40
PAST (return on equity)0· sector 19
HEALTH (low debt)100· sector 98
DIVIDEND (yield)1· sector 28
VALUE 0: the price sits above our fair-value range.
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). "Pacte Novation Fair Value". https://www.fairvalue-calculator.com/stock/MLPAC
Frequently asked questions
Is Pacte Novation (MLPAC) overvalued or undervalued?
As of Oct 31, 2026, our model estimates a fair value of €3.18 versus a price of €7.20, about −56% upside (overvalued).
What is the fair value of MLPAC?
Our model-based fair value for Pacte Novation is €3.18 (as of Oct 31, 2026), built from audited fundamentals. The current price: €7.20.
What is the quality score of MLPAC?
Pacte Novation has a Quality Score of 52/100. 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 price target for Pacte Novation (MLPAC)?
Our model-based price target is the fair value of €3.18 (as of Oct 31, 2026) from 1 valuation models. Cautious scenario €2.10, optimistic scenario €3.97. It is a calculation from audited fundamentals, not an analyst target.
What is the Pacte Novation stock forecast for 2026?
Our models put fair value at €3.18, about −56% upside versus a price of €7.20 (overvalued). Cautious scenario €2.10, optimistic scenario €3.97. The calculation is refreshed regularly with new filings.
What is the revenue of Pacte Novation (MLPAC)?
Pacte Novation reported trailing-twelve-month revenue of about €7.8M (latest available figure, as of Oct 31, 2026).
Does Pacte Novation pay a dividend?
Pacte Novation currently shows a dividend yield of 0.03% relative to its recent price (as of Oct 31, 2026).
What is the intrinsic value of Pacte Novation (MLPAC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pacte Novation it is €3.18 per share (as of Oct 31, 2026), against a price of €7.20. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Pacte Novation stock overvalued or undervalued in 2026?
As of Oct 31, 2026, MLPAC trades above its calculated fair value: price €7.20, fair value €3.18, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MLPAC?
No. The price is what the market pays today (€7.20); the fair value is what the company's own numbers justify (€3.18). For Pacte Novation the two are €4.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pacte Novation worth?
The market values Pacte Novation at about €3.7M (market capitalisation, as of Oct 31, 2026). Per share that is €7.20; our models calculate a fair value of €3.18 per share.
What do the bullish and bearish scenarios say about MLPAC?
Our models span a range for Pacte Novation: cautious scenario €2.10, base €3.18, optimistic €3.97 per share (as of Oct 31, 2026, price €7.20). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Pacte Novation (MLPAC)?
Balance-sheet figures for Pacte Novation (as of Oct 31, 2026): return on equity −6.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is MLPAC from its 52-week high?
Pacte Novation trades at €7.20, about 23% below its 52-week high of €9.40 and at the low of €7.20 (as of Oct 30, 2026). Distance from the high says nothing about value: that is what the fair value of €3.18 is for.
Which stocks are comparable to Pacte Novation?
From the same area (Technology) we also value SAP SE, Shopify Inc, Salesforce, Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pacte Novation stock attractive at the current price?
The data as of Oct 31, 2026: price €7.20, calculated fair value €3.18 (−56%), Quality Score 52/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MLPAC calculated?
We run Pacte Novation through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €3.18, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Pacte Novation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pacte Novation (MLPAC)?
The closing price on Oct 30, 2026 was €7.20. Our model-based fair value is €3.18, about −56% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pacte Novation right now?
The price sits above even our optimistic bull case (€3.97). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€2.10 to €3.97) leaves room in how you read the outcome.
Key figures of Pacte Novation
How large is the market capitalisation of Pacte Novation (MLPAC)?
The market capitalisation of Pacte Novation is €3.7M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pacte Novation (MLPAC)?
The price-to-sales ratio of Pacte Novation is 0.48 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pacte Novation (MLPAC)?
Earnings per share at Pacte Novation are €−0.2800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pacte Novation (MLPAC)?
The dividend yield of Pacte Novation is 0.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pacte Novation (MLPAC)?
The net margin of Pacte Novation is −2.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pacte Novation (MLPAC)?
The return on equity (ROE) of Pacte Novation is −6.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pacte Novation (MLPAC)?
On an EBIT basis the return on assets of Pacte Novation is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pacte Novation (MLPAC)?
The operating margin of Pacte Novation is 0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much free cash flow does Pacte Novation (MLPAC) generate?
The free cash flow of Pacte Novation is −€451K (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Pacte Novation (MLPAC) hold?
Pacte Novation holds more cash than debt, €2.2M net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Oct 31, 2026