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Quadient S.A (QDT) Fair Value & Analysis

Technology · FR · Market cap €405M

QS Quadient S.A QDT · PA
Price€13.20
Fair Value€23.28
Upside+76.4%
Quality45/100
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Weak Growth
Loss-making · -6.6% net margin
Moderate debt · generates free cash flow
6.25% dividend yield
Mixed vs. peers (7/14)
Narrow moat 32/100
Evidence: High Range €9.55 – €37.20 Share as image

Fair value as of: Jul 13, 2026

From 15 valuation models · updated 27 days ago

Fair value updated Jul 13, 2026, revised from €26.14 to €23.28 (−10.9%) since Jun 25, 2026. Share price +12.4% over the past month.

Below-average quality, screening 76% undervalued on our models.

What matters now

  • The model range is unusually wide (€9.55 to €37.20). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (45/100) 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)

€22.02 €10.72 Fair Value €23.28 Jun 2021 Aug 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 €10.72 – €22.02 · fair‑value band €9.55 – €37.20 · the €13.20 price screens below the €23.28 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

Quadient S.A (QDT) currently trades at €13.20, while our model-based Fair Value estimate is €23.28, implying the stock looks roughly 76.4% undervalued today. The Quality Score stands at 45/100 (below-average 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: high), always confirm before acting.

Over the trailing twelve months, Quadient S.A generated revenue of €1.0B at a net margin of -6.6%. Revenue declined 7.1% year over year. It earns a return on equity of -6.3%. Net debt stands at €682M. Fundamentals as of Jul 13, 2026

Our scenario range runs from €9.55 (bear case) to €37.20 (bull case); at €13.20, 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 21% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at 76%, QDT 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 BearBaseBull Evidence
Highest evidence
Growth DCF €4.62 80
Rev-Margin DCF €6.76 €19.30 €34.60 74
ROIC Compounder €9.45 €12.76 €15.52 72
All 15 models by family
DCF Models
FCF DCF €5.13 38
5Y Revenue Exit €6.76 €19.01 €37.11 39
5Y EBITDA Exit €20.04 €41.76 €70.90 41
10Y Revenue Exit €1.35 €9.93 €19.58 36
10Y EBITDA Exit €9.47 €23.14 €38.45 37
Earnings-Based
EPV €9.45 €12.76 €15.52 59
Dividend Discount
Gordon GGM €5.50 €6.00 €6.68 70
DDM Multi-Stage €5.50 €6.72 €8.18 61
Multiples
EV/EBIT €32.92 €48.84 €64.76 53
EV/EBITDA €47.01 €67.63 €88.25 54
EV/Revenue €17.36 €31.15 €44.95 43
Asset-Based
NCAV (Graham) €14.25 €19.10 €28.50 50
Growth DCF
Growth DCF €4.62 80
Rev-Margin DCF €6.76 €19.30 €34.60 74
Economic Profit
ROIC Compounder €9.45 €12.76 €15.52 72

Widest divergence: Multiples (€48.84) versus Dividend Discount (€6.00). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €1.0B
Revenue growth (YoY) -7.1%
Net margin -6.6%
Return on equity -6.3%
Free cash flow €46.0M FY2026
Operating margin 15.2%
More key figures
EPS (TTM) €-1.98
Dividend yield 6.3%
EPS growth (YoY) -16.1%
Net debt €682M FY2026

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 42 · Market factors (momentum, volatility) 37

Profitability 19
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 27
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 75
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

Quadient S.A. provides digital, mail, and lockers for customers through digital and physical channels in North America, Austria, Benelux, France, Germany, Ireland, Italy, Switzerland, and the United Kingdom, and internationally. It provides open network infrastructure, as well as sells and rents lockers.

Full company description

Quadient S.A. provides digital, mail, and lockers for customers through digital and physical channels in North America, Austria, Benelux, France, Germany, Ireland, Italy, Switzerland, and the United Kingdom, and internationally. It provides open network infrastructure, as well as sells and rents lockers. The company also offers Inspire Evolve, a SaaS customer communication management; Inspire Flex, an enterprise customer communication management; Inspire iForms, enterprise forms automation software; Inspire Journey, a customer journey mapping software; Impress automate, for document preparation; and Impress Distribute, automated document delivery solutions. In addition, it supplies software, equipment, and services for managing incoming and outgoing mails; and provides a hardware and software platform that facilitates invoicing and customer communications, multichannel mail processing, last-mile parcel delivery, and the consolidation of their returns. Further, the company operates a pick-up, drop-off solution that offers businesses and people who need to manage their deliveries and returns; and postage meters and mailing systems, folder inserters, mail openers, digital printers and addressing, parcel shipping and tracking solutions, smart mailing software, and ink and supplies, as well as offers small business mailing and shipping, mail automation, production mail, and healthcare solutions. Additionally, it provides invoice automation, purchase orders, expenses, and payments; and credit management, invoice delivery, collections workflows, dispute management, customer payments, cash application, and analytics and AI. It serves the financial services, healthcare, logistics, higher education, insurance, and retail industries, as well as service provider industries. The company was formerly known as Neopost S.A. and changed its name to Quadient S.A. in September 2019. Quadient S.A. was founded in 1924 and is headquartered in Bagneux, France.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Quadient S.A reported revenue of €1.0B in FY2026 versus €1.0B in FY2022, a compound +0.3%/yr. Reported net income was −€67.0M in FY2026.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
€1.0B
Latest YoY
−5.2%
Avg. growth/yr (3Y)
−1.1%
Avg. growth/yr (5Y)
+0.1%
Avg. growth/yr (24Y)
+2.5%
Revenue +0.3%/yr
FY22 €1.0B
FY23 €1.1B
FY24 €1.1B
FY25 €1.1B
FY26 €1.0B
Net income
FY22 €87.8M
FY23 €9.9M
FY24 €68.7M
FY25 €66.0M
FY26 −€67.0M

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

Peer Group

Software - Application · 709 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 45 · Below median
Fair Value upside +76% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) -7% · Below median
Operating margin (TTM) 15% · Top 25%
Revenue growth -7% · Bottom 25%
Dividend yield (TTM) 6.3% · Top 25%
Debt / equity 0.64× · Higher than 75% of peers

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 0.48× · Cheaper than 75% of peers
P/S (TTM) 0.45× · Cheaper than 75% of peers
P/FCF 10.2× · Pricier than median
EV/EBITDA 5.2× · Cheaper than 75% of peers
PEG 2.20× · 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 0
FUTURE 0 · sector 38
PAST 0 · sector 13
HEALTH 68 · sector 98
DIVIDEND 100 · sector 28

Insider activity: 45/100

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is Quadient S.A (QDT) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of €23.28 versus a price of €13.20, about +76% (undervalued).
What is the fair value of QDT?
Our model-based fair value for Quadient S.A is €23.28 (as of Jul 13, 2026), built from audited fundamentals. The current price is €13.20.
What is the quality score of QDT?
Quadient S.A has a Quality Score of 45/100. 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 Quadient S.A (QDT)?
Quadient S.A reported trailing-twelve-month revenue of about €1.0B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of QDT?
The net profit margin of Quadient S.A is about -6.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Quadient S.A pay a dividend?
Quadient S.A currently shows a dividend yield of about 6.00% 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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