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SEB SA (SK) Fair Value & Analysis

Consumer Cyclical · FR · Market cap €2.7B

SS SEB SA SK · PA
Price€59.50
Fair Value€75.01
Upside+26.1%
Quality49/100
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Expensive Growth
Thin margins · 3.0% net margin
Moderate debt · generates free cash flow
5.60% dividend yield
Ranks above peers (10/15)
Narrow moat 38/100
Evidence: High Range €47.63 – €99.29 Share as image

Fair value as of: Jul 20, 2026

From 22 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from €75.26 to €75.01 (−0.3%) since Jul 19, 2026. Share price +22.6% over the past month.

Below-average quality, screening 26% undervalued on our models.

What matters now

  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€47.63 to €99.29) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€132.70 €39.36 Fair Value €75.01 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range €39.36 – €132.70 · fair‑value band €47.63 – €99.29 · the €59.50 price screens below the €75.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

SEB SA (SK) currently trades at €59.50, while our model-based Fair Value estimate is €75.01, implying the stock looks roughly 26.1% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Consumer Cyclical 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, SEB SA generated revenue of €8.2B at a net margin of 3.0%. Revenue declined 2.3% year over year. It earns a return on equity of 8.1%. Net debt stands at €2.5B. Fundamentals as of Jul 20, 2026

Our scenario range runs from €47.63 (bear case) to €99.29 (bull case); at €59.50, 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 27% below its 52-week high and 54% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at 26%, SK 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
Residual Income €48.33 €51.39 €55.37 76
ROIC Compounder €68.16 €86.83 €108.41 72
Gordon GGM €33.07 €62.47 €99.78 70
All 22 models by family
DCF Models
Owner Earnings €49.57 €78.52 €118.89 31
5Y Revenue Exit €43.37 €89.49 €148.21 39
5Y EBITDA Exit €64.51 €127.66 €200.15 41
5Y P/E Exit €26.81 €59.61 €93.13 38
10Y Revenue Exit €19.62 €56.21 €104.60 36
10Y EBITDA Exit €35.32 €81.62 €142.09 37
10Y P/E Exit €12.15 €36.30 €64.84 35
Earnings-Based
Graham-Dodd €30.31 €77.94 €101.48 54
PEG = 1.0 €14.64 €20.91 €27.18 46
EPV €66.79 €79.76 €90.94 59
Dividend Discount
Gordon GGM €33.07 €62.47 €99.78 70
DDM Multi-Stage €33.07 €49.74 €66.96 61
Multiples
P/E Multiple €73.56 €98.08 €122.59 63
P/S Multiple €56.84 €75.79 €94.73 58
P/B Multiple €56.84 €75.79 €94.73 55
EV/EBIT €128.10 €175.90 €223.71 53
EV/EBITDA €126.59 €173.90 €221.21 54
EV/Revenue €81.35 €122.78 €164.22 43
Asset-Based
NCAV (Graham) €29.48 €39.51 €58.97 50
Economic Profit
Residual Income €48.33 €51.39 €55.37 76
ROIC Compounder €68.16 €86.83 €108.41 72
Growth Earnings
Growth-Adj P/E €56.96 €81.36 €105.77 68

Widest divergence: Multiples (€98.08) versus Asset-Based (€39.51). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) €8.2B
Revenue growth (YoY) -2.3%
Net margin 3.0%
Return on equity 8.1%
Free cash flow €22.3M FY2025
P/E ratio 11.2
More key figures
Operating margin 9.9%
EPS (TTM) €4.45
Dividend yield 5.6%
EPS growth (YoY) +239%
Net debt €2.5B FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 45 · Market factors (momentum, volatility) 45

Profitability 33
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 44
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

SEB SA designs, manufactures, and markets small domestic equipment in Western Europe, rest of Europe, the Middle East, Africa, North and South America, China, and rest of Asia. It operates through Consumer Business and Professional Business segments.

Full company description

SEB SA designs, manufactures, and markets small domestic equipment in Western Europe, rest of Europe, the Middle East, Africa, North and South America, China, and rest of Asia. It operates through Consumer Business and Professional Business segments. The company provides flagship products, such as cookeo, rice cooker IH spherical, optiGrill, garment steamer, thermal-spot titanium pro fumeless wok, and crep maker billig products. It also offers electrical cooking, food preparation, and beverage preparation products, such as deep fryers, rice and pressure cookers, informal meal appliances, waffle makers, grills, toasters, multicookers, filter and pod coffee makers, espresso machines, kettles, home beer-taps, soymilk makers, blenders, cooking food processors, kitchen and juice machines, mixers, beaters, countertop ovens, and induction hobs. In addition, the company provides linen, home and personal care products that include irons and steam generators, garment steamers, canister vacuum cleaners with or without dust bag, steam and upright vacuum cleaners, vacuum weepers, fans, heaters, air treatment and hair care appliances, depilators, and bathroom scales. Further, it offers frying pans, saucepans pots, bakeware, food storage containers, carafes, flasks, thermo mugs, cutlery, and kitchen utensils. Additionally, the company designs, produces, and markets crepe and waffle makers, planchas, and grills for professionals and consumers. It sells its products under the Arno, Asia Vina, Calor, Clock, DASH, EMSA, imusa, Kaiser, Krupus, Maharaj Whiteline, MIRRO, Moulinex, OBH NORDICA, PANEX, PEBBLY, Rochedo, Rowenta, Samurai, Seb, SUPOR, Tefal T-fal, umco, WearEver, 32 DUMAS, All-Clad, de Buyer, Krampouz, LACANCHE, Lagostina, Open'Cook, SABATIER, Silit, WMF, and Forge Adour, Air'T, Ambassade de Bourgogne, Charvet, HEPP, La San Marco, Pacojet, Scaritech, Schaerer, Wilbur Curtis, and Zummo brands. SEB SA was founded in 1857 and is headquartered in Ecully, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SEB SA reported revenue of €8.2B in FY2025 versus €8.1B in FY2021, a compound +0.3%/yr. Reported net income was €245M in FY2025, compounding −14.3%/yr from FY2021.

Growth Quality 39/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€8.2B
Latest YoY
−1.2%
Avg. growth/yr (3Y)
+0.9%
Avg. growth/yr (5Y)
+3.3%
Avg. growth/yr (21Y)
+6.2%
Revenue +0.3%/yr
FY21 €8.1B
FY22 €8.0B
FY23 €8.0B
FY24 €8.3B
FY25 €8.2B
Net income −14.3%/yr
FY21 €454M
FY22 €316M
FY23 €386M
FY24 €232M
FY25 €245M

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

Peer Group

Furnishings, Fixtures & Appliances · 311 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 49 · Below median
Fair Value upside +26% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 10% · Top 25%
Revenue growth -2% · Below median
Dividend yield (TTM) 5.6% · Top 25%
Debt / equity 0.57× · Higher than 75% of peers

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 11.2× · Cheaper than 75% of peers
P/B 0.98× · Cheaper than median
P/S (TTM) 0.39× · Cheaper than median
P/FCF 142.0× · Pricier than 75% of peers
EV/EBITDA 5.9× · Cheaper than median
PEG 2.12× · Pricier 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 68 · sector 26
FUTURE 0 · sector 0
PAST 32 · sector 19
HEALTH 72 · sector 98
DIVIDEND 100 · sector 55

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%

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Frequently asked questions

Is SEB SA (SK) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of €75.01 versus a price of €59.50, about +26% (undervalued).
What is the fair value of SK?
Our model-based fair value for SEB SA is €75.01 (as of Jul 20, 2026), built from audited fundamentals. The current price is €59.50.
What is the quality score of SK?
SEB SA has a Quality Score of 49/100. 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 SEB SA (SK)?
SEB SA reported trailing-twelve-month revenue of about €8.2B (latest available figure, as of Jul 20, 2026).
What is the net profit margin of SK?
The net profit margin of SEB SA is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. Based on the latest reported figures.
Does SEB SA pay a dividend?
SEB SA currently shows a dividend yield of about 5.71% relative to its recent price (as of Jul 20, 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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