(EXA) Exail Technologies S.A. - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: PA (France) | Market Cap: 2.164m EUR | Total Return: 84.8% in 12m
Avg Turnover: 7.64M
Qual. Beats: 0
Rev. Trend: 97.2%
Qual. Beats: 0
Warnings
P/E ratio 750.0
Choppy
Tailwinds
Idiosyncratic Leader, Confidence
Exail Technologies S.A. is a French industrial technology firm specializing in autonomous robotics, high-precision navigation, and aerospace systems. The company operates through two primary divisions: Navigation & Maritime Robotics and Advanced Technologies, providing end-to-end solutions ranging from individual photonic components to integrated autonomous drone fleets.
The business model relies on high-barrier-to-entry intellectual property, specifically in inertial navigation systems and subsea robotics, which are critical for naval defense and offshore energy sectors. As maritime operators increasingly shift toward unmanned surface and underwater vehicles to reduce operational costs and human risk, Exail positions itself as a vertically integrated supplier of both the platforms and the underlying sensor technology.
The photonics segment further diversifies the revenue base by supplying specialty optical fibers and quantum instruments used in high-speed communications and scientific research. For a detailed breakdown of these technical segments, consult the data available on ValueRay. Founded in 1988 and headquartered in Paris, the company maintains a global footprint with active operations across Europe, the Americas, and the Asia-Pacific region.
- Global naval modernization cycles drive large-scale maritime robotics contract wins
- High-margin navigation system sales benefit from increased defense spending in Europe
- Supply chain stability for specialty optical fibers impacts photonics segment profitability
- Backlog execution efficiency determines quarterly revenue growth and operating leverage realization
- Expansion into civilian subsea markets reduces dependency on government defense cycles
| Net Income: -661k TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.03 > 1.0 |
| NWC/Revenue: 35.07% < 20% (prev 15.03%; Δ 20.03% < -1%) |
| CFO/TA 0.14 > 3% & CFO 172.2m > Net Income -661k |
| Net Debt (80.9m) to EBITDA (139.9m): 0.58 < 3 |
| Current Ratio: 1.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.0m) vs 12m ago -0.24% < -2% |
| Gross Margin: 30.69% > 18% (prev 0.39%; Δ 3.03k% > 0.5%) |
| Asset Turnover: 82.24% > 50% (prev 60.33%; Δ 21.91% > 0%) |
| Interest Coverage Ratio: 1.31 > 6 (EBITDA TTM 139.9m / Interest Expense TTM 67.8m) |
| A: 0.24 (Total Current Assets 694.6m - Total Current Liabilities 387.9m) / Total Assets 1.27b |
| B: 0.07 (Retained Earnings 91.8m / Total Assets 1.27b) |
| C: 0.08 (EBIT TTM 89.0m / Avg Total Assets 1.06b) |
| D: 0.14 (Book Value of Equity 109.2m / Total Liabilities 772.0m) |
| Altman-Z'' = 2.53 = A |
| DSRI: 1.23 (Receivables 244.8m/116.7m, Revenue 874.5m/515.1m) |
| GMI: 1.26 (GM 30.69% / 38.66%) |
| AQI: 0.75 (AQ_t 0.38 / AQ_t-1 0.51) |
| SGI: 1.70 (Revenue 874.5m / 515.1m) |
| TATA: -0.14 (NI -661k - CFO 172.2m) / TA 1.27b) |
| Beneish M = -2.39 (Cap -4..+1) = BBB |
As of May 26, 2026, the stock is trading at EUR 124.40 with a total of 41,318 shares traded.
Over the past week, the price has changed by +10.87%,
over one month by +1.72%,
over three months by -0.96% and
over the past year by +84.84%.
Exail Technologies S.A. has no consensus analysts rating.
P/E Trailing = 750.0
P/E Forward = 97.0874
P/S = 4.3034
P/B = 5.24
P/EG = 0.5188
Revenue TTM = 874.5m EUR
EBIT TTM = 89.0m EUR
EBITDA TTM = 139.9m EUR
Long Term Debt = 265.2m EUR (from longTermDebt, last quarter)
Short Term Debt = 72.0m EUR (from shortTermDebt, last quarter)
Debt = 411.1m EUR (from shortLongTermDebtTotal, last quarter) + Leases 42.9m
Net Debt = 80.9m EUR (calculated: Debt 411.1m - CCE 330.2m)
Enterprise Value = 2.24b EUR (2.16b + Debt 411.1m - CCE 330.2m)
Interest Coverage Ratio = 1.31 (Ebit TTM 89.0m / Interest Expense TTM 67.8m)
EV/FCF = 15.15x (Enterprise Value 2.24b / FCF TTM 148.2m)
FCF Yield = 6.60% (FCF TTM 148.2m / Enterprise Value 2.24b)
FCF Margin = 16.94% (FCF TTM 148.2m / Revenue TTM 874.5m)
Net Margin = -0.08% (Net Income TTM -661k / Revenue TTM 874.5m)
Gross Margin = 30.69% ((Revenue TTM 874.5m - Cost of Revenue TTM 606.1m) / Revenue TTM)
Gross Margin QoQ = 13.46% (prev 51.44%)
Tobins Q-Ratio = 1.76 (Enterprise Value 2.24b / Total Assets 1.27b)
Interest Expense / Debt = 16.49% (Interest Expense 67.8m / Debt 411.1m)
Taxrate = 29.53% (1.35m / 4.59m)
NOPAT = 62.7m (EBIT 89.0m * (1 - 29.53%))
Current Ratio = 1.79 (Total Current Assets 694.6m / Total Current Liabilities 387.9m)
Debt / Equity = 1.00 (Debt 411.1m / totalStockholderEquity, last quarter 413.0m)
Debt / EBITDA = 0.58 (Net Debt 80.9m / EBITDA 139.9m)
Debt / FCF = 0.55 (Net Debt 80.9m / FCF TTM 148.2m)
Total Stockholder Equity = 193.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.06% (Net Income -661k / Total Assets 1.27b)
RoE = -0.34% (Net Income TTM -661k / Total Stockholder Equity 193.3m)
RoCE = 19.42% (EBIT 89.0m / Capital Employed (Equity 193.3m + L.T.Debt 265.2m))
RoIC = 6.56% (NOPAT 62.7m / Invested Capital 957.1m)
WACC = 5.84% (E(2.16b)/V(2.58b) * Re(4.74%) + D(411.1m)/V(2.58b) * Rd(16.49%) * (1-Tc(0.30)))
Discount Rate = 4.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.81 | Cagr: -0.34%
[DCF] Terminal Value 77.97% ; FCFF base≈121.7m ; Y1≈139.5m ; Y5≈205.4m
[DCF] Fair Price = 177.3 (EV 3.09b - Net Debt 80.9m = Equity 3.01b / Shares 17.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 97.19 | Revenue CAGR: 70.54% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=1.83 | Chg30d=+12.56% | Revisions=+0% | GrowthEPS=+942.0% | GrowthRev=+20.9%
EPS next Year (2027-12-31): EPS=3.79 | Chg30d=-0.95% | Revisions=-14% | GrowthEPS=+107.3% | GrowthRev=+26.7%
[Analyst] Revisions Ratio: -14%