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GROUPE SFPI SA (SFPI) Fair Value & Analysis

Industrials · FR · Market cap €191M

GS GROUPE SFPI SA SFPI · PA
Price€2.10
Fair Value€3.60
Upside+71.4%
Quality59/100
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Mixed Growth
Thin margins · 2.7% net margin
Low debt · generates free cash flow
3.90% dividend yield
Mixed vs. peers (8/14)
Narrow moat 34/100
Evidence: High Range €2.70 – €4.50 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 25 days ago

Share price +4.5% over the past month.

A solid business, screening 71% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€2.70). The market is more pessimistic than our downside scenario.
  • Solid quality (59/100) 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)

€3.39 €1.33 Fair Value €3.60 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €1.33 – €3.39 · fair‑value band €2.70 – €4.50 · the €2.10 price screens below the €3.60 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

GROUPE SFPI SA (SFPI) currently trades at €2.10, while our model-based Fair Value estimate is €3.60, implying the stock looks roughly 71.4% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Industrials 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, GROUPE SFPI SA generated revenue of €625M at a net margin of 2.7%. Revenue declined 1.6% year over year. It earns a return on equity of 6.2%. The balance sheet holds a net cash position of €73.2M. Fundamentals as of Jul 16, 2026

Our scenario range runs from €2.70 (bear case) to €4.50 (bull case); at €2.10, 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 17% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 71%, SFPI 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 €5.07 €7.47 €11.20 80
Residual Income €2.13 €2.12 €1.91 76
Rev-Margin DCF €4.75 €7.25 €12.51 74
All 26 models by family
DCF Models
FCF DCF €5.34 €7.01 €11.88 38
Owner Earnings €4.80 €8.29 €14.38 31
5Y Revenue Exit €4.43 €6.49 €10.77 39
5Y EBITDA Exit €6.07 €9.80 €17.10 41
5Y P/E Exit €4.40 €7.66 €11.97 38
10Y Revenue Exit €4.67 €8.02 €9.92 36
10Y EBITDA Exit €5.78 €11.03 €20.06 37
10Y P/E Exit €4.74 €7.97 €13.00 35
Earnings-Based
Graham-Dodd €1.22 €8.54 €11.98 54
Lynch FV €4.41 €6.30 €8.19 50
PEG = 1.0 €4.41 €6.30 €8.19 46
EPV €2.75 €2.94 €3.09 59
Dividend Discount
Gordon GGM €0.5600 €0.9300 €1.21 70
DDM Multi-Stage €0.5600 €0.8800 €1.00 61
Multiples
P/E Multiple €2.70 €3.60 €4.50 63
P/S Multiple €2.30 €3.06 €3.83 58
P/B Multiple €2.30 €3.06 €3.83 55
EV/EBIT €4.98 €6.25 €7.51 53
EV/EBITDA €6.46 €8.22 €9.98 54
EV/Revenue €3.74 €4.84 €5.94 43
Asset-Based
NCAV (Graham) €1.50 €2.00 €2.99 50
Growth DCF
Growth DCF €5.07 €7.47 €11.20 80
Rev-Margin DCF €4.75 €7.25 €12.51 74
Economic Profit
Residual Income €2.13 €2.12 €1.91 76
ROIC Compounder €2.75 €2.94 €3.23 72
Growth Earnings
Growth-Adj P/E €5.68 €8.12 €10.56 68

Widest divergence: Growth Earnings (€8.12) versus Dividend Discount (€0.8800). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €625M
Revenue growth (YoY) -1.6%
Net margin 2.7%
Return on equity 6.2%
Free cash flow €32.3M FY2025
P/E ratio 11.4
More key figures
Operating margin 6.6%
EPS (TTM) €0.1800
Dividend yield 3.9%
EPS growth (YoY) +257%
Net cash €73.2M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 53

Profitability 36
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 73
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

GROUPE SFPI SA designs, manufactures, and markets equipment for the safety industry in Europe and internationally. The company operates through DOM Security, NEU-JKF, MMD, MAC, and Other divisions.

Full company description

GROUPE SFPI SA designs, manufactures, and markets equipment for the safety industry in Europe and internationally. The company operates through DOM Security, NEU-JKF, MMD, MAC, and Other divisions. It offers closure equipment, such as windows and joinery, shutters and blinds, entrance and garage doors, industrial closures, carpentry, and awnings for building industry under the France Fermetures, Franciaflex, Faber, SIPA Menuiseries, and Wo&Wo brands. The company also provides access and locking solutions for buildings, homeowners, small businesses, and large companies. In addition, it offers air treatment solutions, such as dust removal systems, air filtration and conditioning equipment, pneumatic treatment equipment for production waste, pneumatic transport equipment, industrial fans, etc. Further, the company provides thermal processing and sterilization solutions. GROUPE SFPI SA was founded in 1985 and is headquartered in Paris, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GROUPE SFPI SA reported revenue of €625M in FY2025 versus €569M in FY2021, a compound +2.4%/yr. Reported net income was €16.6M in FY2025, compounding −15.2%/yr from FY2021.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€625M
Latest YoY
−6.1%
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.
−0.2%
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.
+4.6%
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.
+6.5%
Revenue +2.4%/yr
FY21 €569M
FY22 €629M
FY23 €689M
FY24 €666M
FY25 €625M
Net income −15.2%/yr
FY21 €32.2M
FY22 €21.9M
FY23 €1.2M
FY24 €14.5M
FY25 €16.6M
Character of growth · EPS growth decomposed (2014-2025) −4.8 % p.a.
Revenue per share −1.6 pp

of which total revenue +3.3 pp · buybacks/dilution −5.0 pp

EBIT margin −5.9 pp
Tax rate +0.4 pp
Residual (interest, one-offs) +2.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "GROUPE SFPI SA Fair Value". https://www.fairvalue-calculator.com/stock/SFPI

Peer Group

Specialty Industrial Machinery · 808 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 59 · Above median
Fair Value upside +71% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth -2% · Below median
Dividend yield (TTM) 3.9% · Top 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 11.5× · Cheaper than 75% of peers
P/B 0.80× · Cheaper than 75% of peers
P/S (TTM) 0.35× · Cheaper than 75% of peers
P/FCF 6.8× · Pricier than median
EV/EBITDA 2.6× · 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 100 · sector 0
FUTURE 0 · sector 23
PAST 25 · sector 28
HEALTH 94 · sector 96
DIVIDEND 78 · sector 24

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.

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Frequently asked questions

Is GROUPE SFPI SA (SFPI) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €3.60 versus a price of €2.10, about +71% (undervalued).
What is the fair value of SFPI?
Our model-based fair value for GROUPE SFPI SA is €3.60 (as of Jul 16, 2026), built from audited fundamentals. The current price is €2.10.
What is the quality score of SFPI?
GROUPE SFPI SA has a Quality Score of 59/100. 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 GROUPE SFPI SA (SFPI)?
GROUPE SFPI SA reported trailing-twelve-month revenue of about €625M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SFPI?
The net profit margin of GROUPE SFPI SA is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.
Does GROUPE SFPI SA pay a dividend?
GROUPE SFPI SA currently shows a dividend yield of about 3.94% relative to its recent price (as of Jul 16, 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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