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Nusco S.p.A (NUS) Fair Value & Analysis

Industrials · IT · Market cap €15.8M

NS Nusco S.p.A NUS · MI
Price€0.4450
Fair Value€0.3200
Upside-28.1%
Quality35/100
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Expensive Growth
Thin margins · 1.4% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 25/100
Evidence: Medium Range €0.2400 – €0.3800 Share as image

Fair value as of: Jul 19, 2026

From 14 valuation models · updated 22 days ago

Share price +7.5% over the past month.

Below-average quality, and screening another 28% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€0.3800). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

€2.66 €0.3800 Fair Value €0.3200 Aug 2021 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

60‑month range €0.3800 – €2.66 · fair‑value band €0.2400 – €0.3800 · the €0.4450 price screens above the €0.3200 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Nusco S.p.A (NUS) currently trades at €0.4450, while our model-based Fair Value estimate is €0.3200, implying the stock looks roughly 28.1% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Nusco S.p.A generated revenue of €49.5M at a net margin of 1.4%. Revenue declined 1.8% year over year. It earns a return on equity of 2.5%. Net debt stands at €17.4M. Fundamentals as of Jul 19, 2026

Our scenario range runs from €0.2400 (bear case) to €0.3800 (bull case); at €0.4450, 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 63% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at -28%, NUS 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
ROIC Compounder €0.1500 €0.2000 €0.2500 72
Growth-Adj P/E €0.1700 €0.2500 €0.3200 68
P/E Multiple €0.2400 €0.3200 €0.4000 63
All 14 models by family
Earnings-Based
Graham-Dodd €0.1000 €0.3900 €0.5300 54
Lynch FV €0.0900 €0.1400 €0.1800 50
PEG = 1.0 €0.0900 €0.1400 €0.1800 46
EPV €0.1500 €0.2000 €0.2500 59
Multiples
P/E Multiple €0.2400 €0.3200 €0.4000 63
P/S Multiple €0.2000 €0.2600 €0.3300 58
P/B Multiple €0.2000 €0.2600 €0.3300 55
EV/EBIT €0.7200 €1.06 €1.39 53
EV/EBITDA €1.06 €1.50 €1.95 54
EV/Revenue €0.4400 €0.7400 €1.05 43
Asset-Based
NCAV (Graham) €0.4200 €0.5600 €0.8400 50
Economic Profit
Residual Income €0.5300 €0.4800 €0.3200 61
ROIC Compounder €0.1500 €0.2000 €0.2500 72
Growth Earnings
Growth-Adj P/E €0.1700 €0.2500 €0.3200 68

Widest divergence: Asset-Based (€0.5600) versus Earnings-Based (€0.1400). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) €49.5M
Revenue growth (YoY) -1.8%
Net margin 1.4%
Return on equity 2.5%
Free cash flow −€11.1M FY2025
P/E ratio 15.9
More key figures
Operating margin 6.2%
EPS (TTM) €0.0300
EPS growth (YoY) +53.1%
Net debt €17.4M FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 35 · Market factors (momentum, volatility) 10

Profitability 34
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 22
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 70
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

Nusco S.p.A. engages in the production and sale of windows and doors in Italy. It provides veneer, laminated, security, solid wood, pantograph and engraving, invisible, reversible, and sliding doors; wood and wood/aluminum windows, aluminum and aluminum/wood doors, windows in PVC, and shutters; and shutters and grates.

Full company description

Nusco S.p.A. engages in the production and sale of windows and doors in Italy. It provides veneer, laminated, security, solid wood, pantograph and engraving, invisible, reversible, and sliding doors; wood and wood/aluminum windows, aluminum and aluminum/wood doors, windows in PVC, and shutters; and shutters and grates. The company distributes its products through dealers, other businesses, and carpentry workshops, as well as showrooms and franchising. Nusco S.p.A. was founded in 1968 and is headquartered in Nola, Italy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nusco S.p.A reported revenue of €48.7M in FY2025 versus €24.9M in FY2021, a compound +18.2%/yr. Reported net income was €510K in FY2025, compounding +5.7%/yr from FY2021.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€48.7M
Latest YoY
−5.1%
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.
+6.3%
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.
+25.9%
Avg. growth/yr (6Y) 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.
+16.7%
Revenue +18.2%/yr
FY21 €24.9M
FY22 €40.5M
FY23 €56.7M
FY24 €51.3M
FY25 €48.7M
Net income +5.7%/yr
FY21 €409K
FY22 €840K
FY23 €2.2M
FY24 €1.1M
FY25 €510K

NUS screens 28% overvalued. Compare with Trane Technologies plc →

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

Peer Group

Building Products & Equipment · 247 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 35 · Bottom 25%
Fair Value upside −28% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth -2% · Below median
Debt / equity 0.37× · Higher than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 15.9× · Cheaper than median
P/B 0.66× · Cheaper than median
P/S (TTM) 0.37× · Cheaper than 75% of peers
EV/EBITDA 7.3× · 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 0 · sector 3
FUTURE 0 · sector 9
PAST 10 · sector 23
HEALTH 81 · sector 94
DIVIDEND 0 · sector 28

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 Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $469.98 $212.34 -55%
Johnson Controls International plc JCI $142.81 $45.65 -68%
Carrier Global Corporation CARR $68.61 $17.35 -75%
Compagnie de Saint-Gobain S.A SGO €76.62 €101.60 +33%
Geberit AG GEBN CHF 523.20 CHF 307.66 -41%
Lennox International Inc LII $543.93 $363.09 -33%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS $78.04 $54.36 -30%
PT Impack Pratama Industri Tbk, IMPC 1,420 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 36.03 kr 25.37 -30%

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Frequently asked questions

Is Nusco S.p.A (NUS) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of €0.3200 versus a price of €0.4450, about −28% (overvalued).
What is the fair value of NUS?
Our model-based fair value for Nusco S.p.A is €0.3200 (as of Jul 19, 2026), built from audited fundamentals. The current price is €0.4450.
What is the quality score of NUS?
Nusco S.p.A has a Quality Score of 35/100. 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 Nusco S.p.A (NUS)?
Nusco S.p.A reported trailing-twelve-month revenue of about €49.5M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of NUS?
The net profit margin of Nusco S.p.A is about 1.4%, meaning it keeps roughly 1.4% 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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