(ELIS) Elis - Ratings and Ratios

Elis SA is a global provider of textile rental and hygiene services, catering to a diverse range of industries, including hospitality, healthcare, and manufacturing. With a presence in multiple regions, the company offers a comprehensive suite of services, from linen rental and laundry management to workwear and personal protective equipment. Its extensive product portfolio includes table linens, workwear, and hygiene solutions, as well as specialized services such as pest control and disinfection.

Operating in over 30 countries, Elis SA has established itself as a leading player in the industry, serving a broad customer base that includes hotels, hospitals, and industrial clients. The companys long history, dating back to 1883, has allowed it to develop a strong expertise in textile management and hygiene services, with a focus on delivering high-quality solutions that meet the evolving needs of its customers.

From a technical analysis perspective, Elis SAs stock has shown a steady upward trend, with its 20-day simple moving average (SMA) at €23.17, above its 50-day SMA of €21.88. The stocks average true range (ATR) is €0.46, indicating a relatively stable price movement. Given the current price of €23.52, and considering the companys strong fundamentals, including a market capitalization of €5.535 billion and a forward P/E ratio of 11.21, we can forecast a potential price target of €25.50 in the next 6-12 months, driven by the companys continued expansion and improving profitability.

Based on the fundamental data, Elis SAs return on equity (RoE) stands at 17.39%, indicating a strong ability to generate profits from shareholder equity. With a P/E ratio of 17.41, the companys shares are reasonably valued compared to its earnings. As the company continues to grow its global presence and expand its services, we expect its earnings to improve, driving the stock price higher. Our forecast is further supported by the companys history of delivering stable returns and its commitment to providing high-quality services to its customers.