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Pasquarelli Auto S.p.A (PSQ) Fair Value & Analysis

Consumer Cyclical · IT · Market cap €24.6M

PA Pasquarelli Auto S.p.A PSQ · MI
Price€1.02
Fair Value€0.7973
Upside-21.8%
Quality43/100
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Expensive Growth
Thin margins · 0.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (7/12)
Narrow moat 24/100
Evidence: Medium Range €0.5580 – €1.04 Share as image

Fair value as of: Jul 25, 2026

From 14 valuation models · updated 16 days ago

Fair value updated Jul 25, 2026, revised from €0.7979 to €0.7973 (−0.1%) since Jun 25, 2026. Share price +3.6% over the past month.

Below-average quality, and screening another 22% overvalued on our models.

What matters now

  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (€0.5580 to €1.04) leaves room in how you read the outcome.
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Price vs Fair Value (3 years)

€1.38 €0.6660 Fair Value €0.7973 May 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

39‑month range €0.6660 – €1.38 · fair‑value band €0.5580 – €1.04 · the €1.02 price screens above the €0.7973 fair value. Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Pasquarelli Auto S.p.A (PSQ) currently trades at €1.02, while our model-based Fair Value estimate is €0.7973, implying the stock looks roughly 21.8% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical 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, Pasquarelli Auto S.p.A generated revenue of €509M at a net margin of 0.6%. Revenue grew 68.6% year over year. It earns a return on equity of 7.9%. Net debt stands at €67.3M. Fundamentals as of Jul 25, 2026

Our scenario range runs from €0.5580 (bear case) to €1.04 (bull case); at €1.02, 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 6% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -22%, PSQ screens richer 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 €2.59 €3.66 €4.28 72
Growth-Adj P/E €4.29 €6.13 €7.97 68
P/E Multiple €2.18 €2.90 €3.63 63
All 14 models by family
Earnings-Based
Graham-Dodd €0.9000 €6.25 €8.78 54
Lynch FV €3.23 €4.62 €6.00 50
PEG = 1.0 €3.23 €4.62 €6.00 46
EPV €2.11 €2.40 €2.64 59
Multiples
P/E Multiple €2.18 €2.90 €3.63 63
P/S Multiple €1.68 €2.24 €2.80 58
P/B Multiple €1.68 €2.24 €2.80 55
EV/EBIT €5.53 €7.49 €9.45 53
EV/EBITDA €4.42 €6.01 €7.60 54
EV/Revenue €3.61 €5.31 €7.01 43
Asset-Based
NCAV (Graham) €0.7300 €0.9800 €1.46 50
Economic Profit
Residual Income €1.12 €1.17 €1.23 61
ROIC Compounder €2.59 €3.66 €4.28 72
Growth Earnings
Growth-Adj P/E €4.29 €6.13 €7.97 68

Widest divergence: Growth Earnings (€6.13) versus Asset-Based (€0.9800). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) €509M
Revenue growth (YoY) +68.6%
Net margin 0.6%
Return on equity 7.9%
Free cash flow −€5.5M FY2025
P/E ratio 7.6
More key figures
Operating margin 2.4%
EPS (TTM) €0.1300
EPS growth (YoY) -25.7%
Net debt €67.3M FY2025

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 67

Profitability 50
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 78
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

Pasquarelli Auto S.p.A. operates as a dealer of new, used, company, and 0 km cars in Italy. The company sells cars under the Audi, Volkswagen, Seat, CUPRA, KIA, Peugeot, Citroen, DS Automobiles, Opel, Nissan, Toyota, Lexus, Koelliker, OMODA, Mitsubishi, Abarth, Fiat, Jaecoo, Lance, and Maxus brands.

Full company description

Pasquarelli Auto S.p.A. operates as a dealer of new, used, company, and 0 km cars in Italy. The company sells cars under the Audi, Volkswagen, Seat, CUPRA, KIA, Peugeot, Citroen, DS Automobiles, Opel, Nissan, Toyota, Lexus, Koelliker, OMODA, Mitsubishi, Abarth, Fiat, Jaecoo, Lance, and Maxus brands. It also deals in spare parts and accessories for cars and motorbikes. In addition, the company offers routine and extraordinary maintenance, repair, MOTs, and inspection services for motor vehicles; and short- and long-term car rental services. The company was founded in 1986 and is based in San Salvo, Italy. Pasquarelli Auto S.p.A. operates as a subsidiary of Ursus Holding S.R.L.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pasquarelli Auto S.p.A reported revenue of €508M in FY2025 versus €191M in FY2021, a compound +27.7%/yr. Reported net income was €3.3M in FY2025, compounding −4.5%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€508M
Latest YoY
+41.0%
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.
+35.8%
Revenue +27.7%/yr
FY21 €191M
FY22 €203M
FY23 €248M
FY24 €360M
FY25 €508M
Net income −4.5%/yr
FY21 €3.9M
FY22 €5.5M
FY23 €4.2M
FY24 €3.0M
FY25 €3.3M

PSQ screens 22% overvalued. Compare with Carvana Co →

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

Peer Group

Auto & Truck Dealerships · 102 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 43 · Below median
Fair Value upside −22% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 69% · Top 25%
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

P/E (TTM) 7.6× · Cheaper than 75% of peers
P/B 0.79× · Cheaper than median
P/S (TTM) 0.06× · Cheaper than 75% of peers
EV/EBITDA 2.5× · Cheaper than 75% of peers

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 5 · sector 21
FUTURE 100 · sector 9
PAST 32 · sector 20
HEALTH 85 · sector 89
DIVIDEND 0 · sector 49

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 Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $70.38 $24.58 -65%
Penske Automotive Group PAG $202.66 $241.86 +19%
Hotai Motor Co 2207 476.50 TWD 576.75 TWD +21%
CarMax, Inc KMX $58.47 $29.62 -49%
Lithia Motors, Inc LAD $339.16 $610.95 +80%
AutoNation, Inc AN $205.72 $329.77 +60%
Rush Enterprises, Inc RUSHA $76.89 $66.27 -14%
Valvoline Inc VVV $38.64 $24.57 -36%
OPENLANE, Inc OPLN $39.46 $33.81 -14%
Eagers Automotive Limited APE A$20.83 A$17.66 -15%

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Frequently asked questions

Is Pasquarelli Auto S.p.A (PSQ) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of €0.7973 versus a price of €1.02, about −22% (overvalued).
What is the fair value of PSQ?
Our model-based fair value for Pasquarelli Auto S.p.A is €0.7973 (as of Jul 25, 2026), built from audited fundamentals. The current price is €1.02.
What is the quality score of PSQ?
Pasquarelli Auto S.p.A has a Quality Score of 43/100. 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 Pasquarelli Auto S.p.A (PSQ)?
Pasquarelli Auto S.p.A reported trailing-twelve-month revenue of about €509M (latest available figure, as of Jul 25, 2026).
What is the net profit margin of PSQ?
The net profit margin of Pasquarelli Auto S.p.A is about 0.6%, meaning it keeps roughly 0.6% 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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