EXA Stock Analysis: Exail Technologies S.A. | PA
Aerospace & Defense | PA, France | Market Cap: 2.079m EUR | 12M Return: 39.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.1M
Qual. Beats: 0
Rev. Trend: 97.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Exail Technologies S.A. (PA: EXA) is a French mid-cap industrial company in the Aerospace & Defense sub-industry that develops robotics, maritime, navigation, aerospace, and photonics technology solutions for customers across Europe, Africa, the Americas, Oceania, and Asia. The company operates through two segments: Navigation & Maritime Robotics and Advanced Technologies, offering components, products, and systems rather than purely end-user services.
Its Navigation & Maritime Robotics segment supplies navigation systems, positioning systems, sonars, and unmanned/autonomous surface and underwater drones used in maritime and defense applications, where autonomy and unmanned systems are a growing area of defense procurement. The Advanced Technologies segment focuses on photonic and quantum components, including specialty optical fibers, optical modulators, and quantum measurement instruments, alongside onboard communication equipment, simulators, and autonomous decision-making software used in aerospace and embedded sensing markets.
Founded in 1988 and headquartered in Paris, Exail combines a dual exposure to defense-oriented maritime autonomy and deep-tech photonics, selling both proprietary components and integrated systems to government and commercial customers.
- European defense spending surge lifts maritime robotics order intake
- Photonics segment margins expand on quantum sensor demand
- Autonomous naval drone contracts accelerate amid geopolitical tensions
| Net Income: 2.98m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.88 > 1.0 |
| NWC/Revenue: 64.08% < 20% (prev 16.17%; Δ 47.91% < -1%) |
| CFO/TA 0.07 > 3% & CFO 89.6m > Net Income 2.98m |
| Net Debt (80.9m) to EBITDA (56.5m): 1.43 < 3 |
| Current Ratio: 1.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.0m) vs 12m ago -0.24% < -2% |
| Gross Margin: 26.70% > 18% (prev 29.82%; Δ -3.12% > 0.5%) |
| Asset Turnover: 45.47% > 50% (prev 46.36%; Δ -0.88% > 0%) |
| Interest Coverage Ratio: 0.99 > 6 (EBIT TTM 26.7m / Interest Expense TTM 26.9m) |
| 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: 0.03 (EBIT TTM 26.7m / Avg Total Assets 1.05b) |
| D: 0.53 (Book Value of Equity 413.0m / Total Liabilities 772.0m) |
| Altman-Z'' = 2.55 = A |
| DSRI: 1.17 (Receivables 244.8m/168.2m, Revenue 478.5m/385.5m) |
| GMI: 1.12 (GM 29.82% / 26.70%) |
| AQI: 0.73 (AQ_t 0.38 / AQ_t-1 0.52) |
| SGI: 1.24 (Revenue 478.5m / 385.5m) |
| TATA: -0.07 (NI 2.98m - CFO 89.6m) / TA 1.27b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at EUR 123.60 with a total of 161,085 shares traded. Over the past week, the price has changed by +1.90%, over one month by -0.08%, over three months by -0.16% and over the past year by +39.50%.
Current recommended Stop Loss: 109.50 (which is 11.4% or 2.4 ATR below the current price).
Exail Technologies S.A. has no consensus analysts rating.
P/E Trailing = 720.5883
P/E Forward = 91.7431
P/S = 4.1347
P/B = 4.9852
P/EG = 0.5188
Revenue TTM = 478.5m EUR
EBIT TTM = 26.7m EUR
EBITDA TTM = 56.5m 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 = 2.16b EUR (2.08b + Debt 411.1m - CCE 330.2m)
Interest Coverage Ratio = 0.99 (Ebit TTM 26.7m / Interest Expense TTM 26.9m)
EV/FCF = 26.95x (Enterprise Value 2.16b / FCF TTM 80.2m)
FCF Yield = 3.71% (FCF TTM 80.2m / Enterprise Value 2.16b)
FCF Margin = 16.75% (FCF TTM 80.2m / Revenue TTM 478.5m)
Net Margin = 0.62% (Net Income TTM 2.98m / Revenue TTM 478.5m)
Gross Margin = 26.70% ((Revenue TTM 478.5m - Cost of Revenue TTM 350.8m) / Revenue TTM)
Gross Margin QoQ = 3.65% (prev 51.44%)
Tobins Q-Ratio = 1.70 (Enterprise Value 2.16b / Total Assets 1.27b)
Interest Expense / Debt = 6.53% (Interest Expense 26.9m / Debt 411.1m)
Taxrate = 11.58% (773k / 6.68m)
NOPAT = 23.6m (EBIT 26.7m * (1 - 11.58%))
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 = 1.43 (Net Debt 80.9m / EBITDA 56.5m)
Debt / FCF = 1.01 (Net Debt 80.9m / FCF TTM 80.2m)
Total Stockholder Equity = 193.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.28% (Net Income 2.98m / Total Assets 1.27b)
RoE = 1.54% (Net Income TTM 2.98m / Total Stockholder Equity 193.3m)
RoCE = 5.81% (EBIT 26.7m / Capital Employed (Equity 193.3m + L.T.Debt 265.2m))
RoIC = 2.53% (NOPAT 23.6m / Invested Capital 933.2m)
WACC = 5.53% (E(2.08b)/V(2.49b) * Re(5.48%) + D(411.1m)/V(2.49b) * Rd(6.53%) * (1-Tc(0.12)))
Discount Rate = 5.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.81 | Cagr: -0.34%
[DCF] Terminal Value 77.97% ; FCFF base≈75.3m ; Y1≈86.3m ; Y5≈127.0m
[DCF] Fair Price = 107.9 (EV 1.91b - Net Debt 80.9m = Equity 1.83b / 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: 97.17 | Revenue CAGR: 70.23% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2025-12-31): EPS=0.75 | Chg30d=-8.28% | Revisions=+40% | GrowthEPS=+449.2% | GrowthRev=+28.1%
EPS next Year (2026-12-31): EPS=1.58 | Chg30d=-13.48% | Revisions=+0% | GrowthEPS=+801.6% | GrowthRev=+20.2%
[Analyst] Revisions Ratio: +29% (up=3, down=1)