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Unidata S.p.A (UD) Fair Value & Analysis

Communication Services · IT · Market cap €85.5M

US Unidata S.p.A UD · MI
Price€2.93
Fair Value€5.10
Upside+74.4%
Quality44/100
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Expensive Growth
Thin margins · 6.4% net margin
Moderate debt · generates free cash flow
0.35% dividend yield
Ranks above peers (9/14)
Narrow moat 43/100
Evidence: High Range €3.07 – €6.38 Share as image

Fair value as of: Jul 25, 2026

From 26 valuation models · updated 16 days ago

Share price +0.5% over the past month.

Below-average quality, screening 74% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (€3.07). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (€3.07 to €6.38) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€5.50 €2.48 Fair Value €5.10 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range €2.48 – €5.50 · fair‑value band €3.07 – €6.38 · the €2.93 price screens below the €5.10 fair value. Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Unidata S.p.A (UD) currently trades at €2.93, while our model-based Fair Value estimate is €5.10, implying the stock looks roughly 74.4% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Communication Services 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, Unidata S.p.A generated revenue of €110M at a net margin of 6.4%. Revenue grew 15.3% year over year. It earns a return on equity of 8.8%. Net debt stands at €48.1M. Fundamentals as of Jul 25, 2026

Our scenario range runs from €3.07 (bear case) to €6.38 (bull case); at €2.93, 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 18% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at 74%, UD 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 €0.4500 80
Residual Income €2.13 €2.17 €2.15 76
Rev-Margin DCF €2.89 €7.35 €15.95 74
All 26 models by family
DCF Models
FCF DCF €0.5400 38
Owner Earnings €3.33 €7.41 €14.53 31
5Y Revenue Exit €2.76 €6.32 €13.85 39
5Y EBITDA Exit €4.82 €10.48 €21.63 41
5Y P/E Exit €1.77 €5.71 €11.18 38
10Y Revenue Exit €1.43 €5.94 €9.34 36
10Y EBITDA Exit €2.88 €9.72 €22.33 37
10Y P/E Exit €0.9700 €4.12 €9.49 35
Earnings-Based
Graham-Dodd €1.58 €11.00 €15.44 54
Lynch FV €4.49 €6.41 €8.34 50
PEG = 1.0 €4.49 €6.41 €8.34 46
EPV €2.43 €2.83 €3.15 59
Dividend Discount
Gordon GGM €0.0700 €0.1200 €0.1500 70
DDM Multi-Stage €0.0700 €0.1100 €0.1300 61
Multiples
P/E Multiple €3.83 €5.10 €6.38 63
P/S Multiple €2.96 €3.94 €4.93 58
P/B Multiple €2.96 €3.94 €4.93 55
EV/EBIT €5.70 €7.90 €10.10 53
EV/EBITDA €7.65 €10.50 €13.35 54
EV/Revenue €4.10 €6.25 €8.39 43
Asset-Based
NCAV (Graham) €1.44 €1.93 €2.88 50
Growth DCF
Growth DCF €0.4500 80
Rev-Margin DCF €2.89 €7.35 €15.95 74
Economic Profit
Residual Income €2.13 €2.17 €2.15 76
ROIC Compounder €2.43 €2.83 €3.50 72
Growth Earnings
Growth-Adj P/E €5.72 €8.17 €10.62 68

Widest divergence: Growth Earnings (€8.17) versus Dividend Discount (€0.1100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €110M
Revenue growth (YoY) +15.3%
Net margin 6.4%
Return on equity 8.8%
Free cash flow €1.4M FY2023
P/E ratio 12.3
More key figures
Operating margin 13.2%
EPS (TTM) €0.2300
Dividend yield 0.4%
EPS growth (YoY) -42.2%
Net debt €48.1M FY2023

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 46 · Market factors (momentum, volatility) 49

Profitability 34
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 51
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

Unidata S.p.A. provides fiber and networking, cloud and data center, and IoT and smart solutions in Italy. It offers FIBER, secure SD-WAN, and wireless connectivity; voice and collaboration; iaas and cloud services, storageaaS, back upaaS, disaster recoveryaaS, virtual private cloud, and managed services; cyber security comprising SOC, aaS firewall, …

Full company description

Unidata S.p.A. provides fiber and networking, cloud and data center, and IoT and smart solutions in Italy. It offers FIBER, secure SD-WAN, and wireless connectivity; voice and collaboration; iaas and cloud services, storageaaS, back upaaS, disaster recoveryaaS, virtual private cloud, and managed services; cyber security comprising SOC, aaS firewall, endpoint security, and network and user protection; data center services, including colocation-housing and bare metal, interconnection band; and IoT services, such as smart metering and city. The company was founded in 1985 and is based in Rome, Italy. Unidata S.p.A. operates as a subsidiary of Uninvest S.R.L.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unidata S.p.A reported revenue of €107M in FY2025 versus €36.5M in FY2021, a compound +30.9%/yr. Reported net income was €7.0M in FY2025, compounding −2.8%/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)
€107M
Latest YoY
+8.0%
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.
+28.3%
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.
+36.3%
Avg. growth/yr (8Y) 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.
+34.0%
Revenue +30.9%/yr
FY21 €36.5M
FY22 €50.7M
FY23 €91.6M
FY24 €99.1M
FY25 €107M
Net income −2.8%/yr
FY21 €7.8M
FY22 €7.5M
FY23 €6.7M
FY24 €8.6M
FY25 €7.0M

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

Peer Group

Telecom Services · 250 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 44 · Below median
Fair Value upside +74% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 15% · Top 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.60× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 12.3× · Cheaper than median
P/B 1.14× · Cheaper than median
P/S (TTM) 0.90× · Pricier than median
P/FCF 69.3× · Pricier than 75% of peers
EV/EBITDA 5.0× · Cheaper 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 29
FUTURE 77 · sector 15
PAST 35 · sector 28
HEALTH 70 · sector 88
DIVIDEND 7 · sector 73

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 Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is Unidata S.p.A (UD) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of €5.10 versus a price of €2.93, about +74% (undervalued).
What is the fair value of UD?
Our model-based fair value for Unidata S.p.A is €5.10 (as of Jul 25, 2026), built from audited fundamentals. The current price is €2.93.
What is the quality score of UD?
Unidata S.p.A has a Quality Score of 44/100. 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 Unidata S.p.A (UD)?
Unidata S.p.A reported trailing-twelve-month revenue of about €110M (latest available figure, as of Jul 25, 2026).
What is the net profit margin of UD?
The net profit margin of Unidata S.p.A is about 6.4%, meaning it keeps roughly 6.4% of revenue as net income. Based on the latest reported figures.
Does Unidata S.p.A pay a dividend?
Unidata S.p.A currently shows a dividend yield of about 0.35% relative to its recent price (as of Jul 25, 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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