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Stellantis N.V (STLAP) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of Stellantis N.V €11.34, price €3.88, upside +192.1%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
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Consumer Cyclical · FR · ISIN NL00150001Q9

SN Thin data Oct 3, 2026

Stellantis N.V

STLAP · PA

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

✓Fair value €11.34 · Strongly undervalued (+192.1%)
!Quality 38/100
!Weak Growth (revenue 5y +26.4 %/yr)
!Loss-making · -13.9% net margin (TTM)
!Moderate debt · negative free cash flow
!Narrow moat 16/100
!Evidence only low, so the estimate is less certain

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€23.18 €3.85 Fair Value €11.34 Aug 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.

How to read this chart

60‑month range €3.85 – €23.18 · fair‑value band €5.81 – €16.81 · the €3.88 price screens below the €11.34 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.

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Company profile

Stellantis N.V. engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide. It provides luxury and premium vehicles; global sport utility vehicles; American and European brand vehicles, as well as parts and accessories.

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Stellantis N.V. engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide. It provides luxury and premium vehicles; global sport utility vehicles; American and European brand vehicles, as well as parts and accessories. The company also provides contract services; retail and dealer financing services; and vehicle leasing and rental services, as well as engages in after-market parts and service businesses and data businesses. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS Automobiles, Dodge, Fiat, Jeep, Maserati, Ram Trucks, Opel, Lancia, Vauxhall, Peugeot, Free2move, Share Now, Leasys, and Comau brand names through distributors and dealers. The company has a strategic collaboration with Microsoft Corporation for the development of AI initiatives across sales, customer care and operations. The company operates in North America, France, Brazil, Italy, Germany, the United Kingdom, Turkiye, Spain, Argentina, Belgium, Austria, Netherlands, Portugal, Poland, Algeria, Morocco, Japan, China, and internationally. Stellantis N.V. was founded in 1899 and is based in Hoofddorp, the Netherlands.

Stock analysis

Stellantis N.V (STLAP) currently trades at €3.88, while our model-based Fair Value estimate is €11.34, implying the stock looks roughly 65.8% undervalued today.

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Valuation

Bull case: the Asset-Based group reads highest at a median of €12.38 per share, and 3 of the 3 models we run sit above the €3.88 price.

Bear case: the Dividend Discount group reads lowest at €10.02, and 0 of the 3 models stay below the price. Evidence for this calculation is low.

Scenario range: €5.81 (bear) to €16.81 (bull), the price of €3.88 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 38/100 (below-average quality), in the Consumer Cyclical sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Stellantis N.V reported revenue of €154B in FY2025 versus €149B in FY2021, a compound +0.7%/yr. Reported net income was −€22.3B in FY2025.

Key figures

Market cap €14.3B · P/S ratio 0.09 · EPS (TTM) €−7.48 · Net margin −14.5% · Return on equity −30.2% · Return on assets (EBIT) 4.3% · Operating margin 2.7% · Revenue (TTM) €156B.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).

What moves the price

The share trades about 63% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at 192%, STLAP screens cheaper than that median.

Fair Value models

Bear €5.81 Fair Value €11.34 Bull €16.81
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Gordon GGM €6.21 €12.91 €20.48 64
DDM Multi-Stage €6.21 €10.02 €13.55 64
NCAV (Graham) €9.24 €12.38 €18.48 54
All 3 models by family
Dividend Discount
Gordon GGM €6.21 €12.91 €20.48 64
DDM Multi-Stage €6.21 €10.02 €13.55 64
Asset-Based
NCAV (Graham) €9.24 €12.38 €18.48 54

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Quality Score breakdown

Overall quality 38/100

Of which business quality 36 · Market factors (momentum, volatility) 15

Profitability 11
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 100
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 38/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−2.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−5.1%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+26.4%
Start year 2020 (pandemic). Over 10 years: +3.3% a year
Revenue growth 34 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.3%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
6.8% (2020) → −14.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

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Recent news

News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Negative
Recent news coverage is more negative than average.

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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

Similar stocks

10 more Auto Manufacturers stocks, each showing price versus our Fair Value estimate.

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Tesla, Inc TSLA $354.81 $40.97 −88%
Toyota Motor Corporation TM $183.10 $211.47 +15%
BYD Company 002594 ¥83.31 ¥61.43 −26%
General Motors Company GM $77.00 $60.53 −21%
Ferrari N.V RACE $392.85 $432.14 +10%
Hyundai Motor Company 005380 353,500 KRW 362,081 KRW +2%
Ford Motor Company F $12.27 $12.59 +3%
Dr. Ing. h.c. F. Porsche AG P911 €43.00 €22.09 −49%
Mercedes-Benz Group MBG €39.73 €106.67 +169%
Honda Motor Co HMC $31.62 $20.31 −36%

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Cite: Fair Value Calculator (2026). "Stellantis N.V Fair Value". https://www.fairvalue-calculator.com/stock/STLAP

Frequently asked questions

Is Stellantis N.V (STLAP) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of €11.34 versus a price of €3.88, about +192% upside (undervalued).
What is the fair value of STLAP?
Our model-based fair value for Stellantis N.V is €11.34 (as of Oct 3, 2026), built from audited fundamentals. The current price: €3.88.
What is the quality score of STLAP?
Stellantis N.V has a Quality Score of 38/100. 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 price target for Stellantis N.V (STLAP)?
Our model-based price target is the fair value of €11.34 (as of Oct 3, 2026) from 3 valuation models. Cautious scenario €5.81, optimistic scenario €16.81. It is a calculation from audited fundamentals, not an analyst target.
What is the Stellantis N.V stock forecast for 2026?
Our models put fair value at €11.34, about +192% upside versus a price of €3.88 (undervalued). Cautious scenario €5.81, optimistic scenario €16.81. The calculation is refreshed regularly with new filings.
What is the revenue of Stellantis N.V (STLAP)?
Stellantis N.V reported trailing-twelve-month revenue of about €156B (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Stellantis N.V (STLAP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Stellantis N.V it is €11.34 per share (as of Oct 3, 2026), against a price of €3.88. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Stellantis N.V stock overvalued or undervalued in 2026?
As of Oct 3, 2026, STLAP trades below its calculated fair value: price €3.88, fair value €11.34, a gap of about +192% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of STLAP?
No. The price is what the market pays today (€3.88); the fair value is what the company's own numbers justify (€11.34). For Stellantis N.V the two are €7.46 per share apart. That gap is exactly why we show both numbers side by side.
How much is Stellantis N.V worth?
The market values Stellantis N.V at about €14.3B (market capitalisation, as of Oct 3, 2026). Per share that is €3.88; our models calculate a fair value of €11.34 per share.
What do the bullish and bearish scenarios say about STLAP?
Our models span a range for Stellantis N.V: cautious scenario €5.81, base €11.34, optimistic €16.81 per share (as of Oct 3, 2026, price €3.88). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is STLAP from its 52-week high?
Stellantis N.V trades at €3.88, about 63% below its 52-week high of €10.41 and 1% above the low of €3.85 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €11.34 is for.
Which stocks are comparable to Stellantis N.V?
From the same area (Consumer Cyclical) we also value Tesla, Inc, Toyota Motor Corporation, BYD Company, General Motors Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Stellantis N.V stock attractive at the current price?
The data as of Oct 3, 2026: price €3.88, calculated fair value €11.34 (+192%), Quality Score 38/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of STLAP calculated?
We run Stellantis N.V through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €11.34, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Stellantis N.V currently trades 66 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Stellantis N.V (STLAP)?
The closing price on Oct 2, 2026 was €3.88. Our model-based fair value is €11.34, about +192% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Stellantis N.V right now?
The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (€5.81). The market is more pessimistic than our downside scenario. The model range is unusually wide (€5.81 to €16.81). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of Stellantis N.V (STLAP) come from?
Earnings per share at Stellantis N.V grew +24.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share −3.1 %, EBIT margin +8.4 %, tax rate +5.6 %, residual (interest, one-offs) +11.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Stellantis N.V

How large is the market capitalisation of Stellantis N.V (STLAP)?
The market capitalisation of Stellantis N.V is €14.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Stellantis N.V (STLAP)?
The price-to-sales ratio of Stellantis N.V is 0.09 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Stellantis N.V (STLAP)?
Earnings per share at Stellantis N.V are €−7.48. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Stellantis N.V (STLAP)?
The net margin of Stellantis N.V is −14.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Stellantis N.V (STLAP)?
The return on equity (ROE) of Stellantis N.V is −30.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Stellantis N.V (STLAP)?
On an EBIT basis the return on assets of Stellantis N.V is 4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Stellantis N.V (STLAP)?
The operating margin of Stellantis N.V is 2.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Stellantis N.V (STLAP)?
Revenue at Stellantis N.V is growing +6.5% versus a year earlier (3y avg −5.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Stellantis N.V (STLAP)?
Earnings per share at Stellantis N.V are growing −45.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Stellantis N.V (STLAP) generate?
The free cash flow of Stellantis N.V is −€13.8B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Stellantis N.V (STLAP) carry?
The net debt of Stellantis N.V is €15.8B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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