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SOCEP S.A (SOCP) Fair Value & Analysis

Industrials · RO · Market cap 1.1B RON

SS SOCEP S.A SOCP · RO
Price1.73 RON
Fair Value1.83 RON
Upside+5.8%
Quality43/100
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Expensive Growth
Highly profitable · 31.7% net margin
Low debt · negative free cash flow
Ranks above peers (9/13)
Wide moat 67/100
Evidence: Medium Range 1.37 RON – 2.29 RON Share as image

Fair value as of: Jul 19, 2026

From 15 valuation models · updated 22 days ago

Share price +8.9% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 1.37 RON (bear) to 2.29 RON (bull), base 1.83 RON. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 43/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

2.53 RON 0.1605 RON Fair Value 1.83 RON Feb 2021 Jun 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 0.1605 RON – 2.53 RON · fair‑value band 1.37 RON – 2.29 RON · the 1.73 RON price screens below the 1.83 RON fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

SOCEP S.A (SOCP) currently trades at 1.73 RON, while our model-based Fair Value estimate is 1.83 RON, implying the stock looks roughly 5.8% fairly valued today. The Quality Score stands at 43/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, SOCEP S.A generated revenue of 208M RON at a net margin of 31.7%. Revenue declined 11.3% year over year. It earns a return on equity of 15.2%. Net debt stands at 5.1M RON. Fundamentals as of Jul 19, 2026

Our scenario range runs from 1.37 RON (bear case) to 2.29 RON (bull case); at 1.73 RON, 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 5% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 6%, SOCP 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
Residual Income 0.6600 RON 0.8500 RON 2.07 RON 76
ROIC Compounder 0.7400 RON 0.9600 RON 1.19 RON 72
Gordon GGM 0.2900 RON 0.5200 RON 0.7200 RON 70
All 15 models by family
Earnings-Based
Graham-Dodd 0.7600 RON 4.25 RON 5.90 RON 54
Lynch FV 1.19 RON 1.70 RON 2.20 RON 50
PEG = 1.0 1.19 RON 1.70 RON 2.20 RON 46
EPV 0.7200 RON 0.8100 RON 0.8900 RON 59
Dividend Discount
Gordon GGM 0.2900 RON 0.5200 RON 0.7200 RON 70
DDM Multi-Stage 0.2900 RON 0.4800 RON 0.5600 RON 61
Multiples
P/E Multiple 1.76 RON 2.35 RON 2.94 RON 63
P/S Multiple 0.5000 RON 0.6600 RON 0.8300 RON 58
P/B Multiple 1.43 RON 1.90 RON 2.38 RON 55
EV/EBIT 1.41 RON 1.87 RON 2.33 RON 53
EV/Revenue 0.4500 RON 0.6300 RON 0.8100 RON 43
Asset-Based
NCAV (Graham) 0.3400 RON 0.4500 RON 0.6700 RON 50
Economic Profit
Residual Income 0.6600 RON 0.8500 RON 2.07 RON 76
ROIC Compounder 0.7400 RON 0.9600 RON 1.19 RON 72
Growth Earnings
Growth-Adj P/E 1.78 RON 2.55 RON 3.31 RON 68

Widest divergence: Growth Earnings (2.55 RON) versus Asset-Based (0.4500 RON). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 208M RON
Revenue growth (YoY) -11.3%
Net margin 31.7%
Return on equity 15.2%
Free cash flow −66.0M RON FY2025
P/E ratio 17.2
More key figures
Operating margin 27.8%
EPS (TTM) 0.1000 RON
EPS growth (YoY) -30.5%
Net debt 5.1M RON FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 41 · Market factors (momentum, volatility) 72

Profitability 51
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 2
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 88
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

SOCEP S.A., together with its subsidiary, SOCEFIN S.R.L., provides cargo handling services in the ports of Constanta and Agigea, Romania. It offers port services, such as loading operations, unloading operations, storage, and general cargo and containers forwarding services, as well as other operations/services connected to maritime transport. SOCEP S.A.

Full company description

SOCEP S.A., together with its subsidiary, SOCEFIN S.R.L., provides cargo handling services in the ports of Constanta and Agigea, Romania. It offers port services, such as loading operations, unloading operations, storage, and general cargo and containers forwarding services, as well as other operations/services connected to maritime transport. SOCEP S.A. was incorporated in 1991 and is headquartered in Constanta, Romania. SOCEP S.A. is a subsidiary of Grupul DD SA.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SOCEP S.A reported revenue of 213M RON in FY2025 versus 80.5M RON in FY2021, a compound +27.5%/yr. Reported net income was 71.7M RON in FY2025, compounding +58.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
213M RON
Latest YoY
+4.1%
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.
+15.3%
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.
+26.3%
Revenue +27.5%/yr
FY21 80.5M RON
FY22 139M RON
FY23 203M RON
FY24 204M RON
FY25 213M RON
Net income +58.3%/yr
FY21 11.4M RON
FY22 41.2M RON
FY23 94.5M RON
FY24 87.8M RON
FY25 71.7M RON

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

Peer Group

Marine Shipping · 231 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 · Bottom 25%
Fair Value upside +6% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 32% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.08× · Lower than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 17.2× · Pricier than median
P/B 0.56× · Cheaper than 75% of peers
P/S (TTM) 1.16× · Cheaper than median
EV/EBITDA 2.4× · 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 41 · sector 29
FUTURE 0 · sector 18
PAST 61 · sector 27
HEALTH 96 · sector 88
DIVIDEND 0 · sector 47

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is SOCEP S.A (SOCP) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 1.83 RON versus a price of 1.73 RON, about +6% (fairly valued).
What is the fair value of SOCP?
Our model-based fair value for SOCEP S.A is 1.83 RON (as of Jul 19, 2026), built from audited fundamentals. The current price is 1.73 RON.
What is the quality score of SOCP?
SOCEP S.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 SOCEP S.A (SOCP)?
SOCEP S.A reported trailing-twelve-month revenue of about 208M RON (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SOCP?
The net profit margin of SOCEP S.A is about 31.7%, meaning it keeps roughly 31.7% 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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