Befesa stock
BFSA.DEXETRABefesa S.A., IndustrialsISIN LU1704650164
69Score 69 out of 100, Neutral
Price and trend
76 / 100
Price history
+45% in one yearThe chart shows daily closes over 9 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 18% above it.
Since April 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 87).
The price is at its 52-week high. Largest decline in 9 years: 75% (March 2022 to November 2024).
Chart figures for advanced users
- SMA 50$39.23
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$37.52
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)87
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$29.99
- The lowest closing price of the last twelve months.
- Resistance$44.21
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- In fiscal 2025 it reported revenue of $1.31B (down 4.6% year on year) and earnings of $89.21M (up 58.4%).
- For fiscal 2026, analysts expect on average revenue of $1.37B (up 4.9%) and adjusted earnings per share of $3.17 (up 21.3%).
- MEQIRI Score 69 out of 100 (Neutral): rank 228 of 1018 in Industrials, median 61.
Show more
- The P/E is 18 (Industrials sector median 22.8, own median of recent years 16.9).
- Our model puts fair value at $63.09, with the price 30% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 30% below the fair value of $63.09.Valuation 74
- Earnings turn into cashFree cash flow 146% of earnings over the last 12 months.Fundamentals 82
- Growing faster than its industryRevenue up 14.4% a year since 2020, Industrials sector median 9.5%.Growth 77
Weaknesses
- DilutionShare count up 17% since 2020.Capital allocation 38
Its standout strengths are momentum and fundamentals, while capital allocation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $48.53 and expensive above $90.13 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $70.26 (cash-flow model) and $55.92 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.5%. At 8.5% the fair value would be $56.96, at 6.5% it would be $72.31.
Valuation metrics
Half from the cash-flow model, half from earnings times the sector P/E (22.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 2% on the twelve months before. Revenue has grown solidly since 2013, at about 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 14%, operating 12%, net 7%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 4 Mar 2027in 111 days
- Last reported
- 29 Oct 2026EPS reported $0.65 (expected $0.57)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 9.2% since 15 Oct 2026.
- Earnings per share
- $3.17+8.6%
- Revenue
- $1.37B−0.4%
- Earnings per share
- $3.46+9.2%
- Revenue
- $1.48B+0.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +6.2%Befesa raised its 2026 adjusted EBITDA guidance to 260 to 270 million euros operationally, plus about 26 million euros from the US 45X tax credit program, totaling 286 to 296 million euros versus 260 to 270 million euros before.
“Including the potential contribution from this IRA 45X related to fiscal year 2026 of approximately EUR 26 million, the accounting guidance range would be EUR 286 million-EUR 296 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
What happened at Befesa
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1018 rated companies in Industrials
- This company
- 69
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in the Industrials sector
The next larger and next smaller companies by market value
ETFs that hold Befesa
Held by 13 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Amundi SDAX UCITS ETF DistC005 | 3.15% | 0.70% | €158.8M |
| iShares MSCI EMU Small Cap UCITS ETFSXRJ | 0.24% | 0.58% | €838.19M |
| WisdomTree Europe SmallCap Dividend UCITS ETFWTES | 0.22% | 0.38% | €86.74M |
Show 5 more
| iShares Smart City Infrastructure UCITS ETFAYEU | 0.22% | 0.40% | €347.48M |
| Vanguard Germany All Cap UCITS ETF (EUR) DistributingVGER | 0.07% | 0.07% | €255.26M |
| Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DISTLGWU | 0.06% | 0.40% | €580.62M |
| Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF DistX026 | 0.03% | 0.23% | €321.86M |
| iShares MSCI World Small Cap UCITS ETFIUSN | 0.01% | 0.35% | €8.27B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 25 Apr 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.