OVH Stock Analysis: OVH e SAS | PA
Software - Infrastructure | PA, France | Market Cap: 2.316m EUR | 12M Return: 56.3% | FR0014005HJ9 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.86M
Qual. Beats: 0
Rev. Trend: 99.3%
Warnings
Tailwinds
Seasonality 4.7 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.
OVH Groupe S.A. (ticker: OVH) is a France-based cloud infrastructure and hosting provider headquartered in Roubaix, founded in 1999. The company delivers public cloud, private cloud, shared hosting, and dedicated server solutions to customers worldwide through three reporting segments: Private Cloud, Public Cloud, and Web Cloud & Other. Its product portfolio spans Bare Metal Cloud (dedicated servers), Hosted Private Cloud (fully managed virtualization), Public Cloud services on shared infrastructure, and web cloud offerings, alongside ancillary services such as website hosting, domain name registration, telephony, VoIP, and internet access.
OVH operates within the broader cloud computing and application software segment of the Information Technology sector, competing against global hyperscalers such as Amazon Web Services, Microsoft Azure, and Google Cloud. The company is notable as a vertically integrated provider that owns and operates its own data centers and network infrastructure, positioning it as one of the largest independent European cloud and hosting operators.
- European data sovereignty demand drives sovereign cloud customer wins
- Hyperscaler pricing pressure compresses public cloud margins
- Energy costs and data center capex weigh on profitability
| Net Income: -906k TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.78 > 1.0 |
| NWC/Revenue: -26.25% < 20% (prev -19.89%; Δ -6.37% < -1%) |
| CFO/TA 0.26 > 3% & CFO 460.1m > Net Income -906k |
| Net Debt (1.41b) to EBITDA (440.2m): 3.21 < 3 |
| Current Ratio: 0.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (147.5m) vs 12m ago -27.32% < -2% |
| Gross Margin: 24.22% > 18% (prev 73.56%; Δ -49.35% > 0.5%) |
| Asset Turnover: 62.16% > 50% (prev 58.00%; Δ 4.16% > 0%) |
| Interest Coverage Ratio: 1.02 > 6 (EBIT TTM 70.7m / Interest Expense TTM 69.5m) |
| A: -0.17 (Total Current Assets 161.5m - Total Current Liabilities 451.3m) / Total Assets 1.75b |
| B: 0.00 (Retained Earnings 5.90m / Total Assets 1.75b) |
| C: 0.04 (EBIT TTM 70.7m / Avg Total Assets 1.78b) |
| D: 0.02 (Book Value of Equity 26.5m / Total Liabilities 1.73b) |
| Altman-Z'' = -0.79 = CCC |
| DSRI: 1.36 (Receivables 68.6m/47.8m, Revenue 1.10b/1.04b) |
| GMI: 3.04 (GM 73.56% / 24.22%) |
| AQI: 1.02 (AQ_t 0.23 / AQ_t-1 0.23) |
| SGI: 1.06 (Revenue 1.10b / 1.04b) |
| TATA: -0.26 (NI -906k - CFO 460.1m) / TA 1.75b) |
| Beneish M = -0.86 (Cap -4..+1) = D |
As of October 21, 2026, the stock is trading at EUR 17.49 with a total of 448,491 shares traded. Over the past week, the price has changed by +15.60%, over one month by -3.10%, over three months by +21.88% and over the past year by +56.30%.
Current recommended Stop Loss: 15.40 (which is 11.9% or 2.7 ATR below the current price).
OVH e SAS has no consensus analysts rating.
P/E Forward = 44.2478
P/S = 2.0982
P/B = 103.7905
Revenue TTM = 1.10b EUR
EBIT TTM = 70.7m EUR
EBITDA TTM = 440.2m EUR
Long Term Debt = 1.12b EUR (from longTermDebt, last quarter)
Short Term Debt = 77.1m EUR (from shortTermDebt, last quarter)
Debt = 1.45b EUR (from shortLongTermDebtTotal, last quarter) + Leases 143.8m
Net Debt = 1.41b EUR (calculated: Debt 1.45b - CCE 36.4m)
Enterprise Value = 3.73b EUR (2.32b + Debt 1.45b - CCE 36.4m)
Interest Coverage Ratio = 1.02 (Ebit TTM 70.7m / Interest Expense TTM 69.5m)
EV/FCF = 70.37x (Enterprise Value 3.73b / FCF TTM 53.0m)
FCF Yield = 1.42% (FCF TTM 53.0m / Enterprise Value 3.73b)
FCF Margin = 4.80% (FCF TTM 53.0m / Revenue TTM 1.10b)
Net Margin = -0.08% (Net Income TTM -906k / Revenue TTM 1.10b)
Gross Margin = 24.22% ((Revenue TTM 1.10b - Cost of Revenue TTM 836.6m) / Revenue TTM)
Gross Margin QoQ = 76.01% (prev 76.01%)
Tobins Q-Ratio = 2.13 (Enterprise Value 3.73b / Total Assets 1.75b)
Interest Expense / Debt = 4.79% (Interest Expense 69.5m / Debt 1.45b)
Taxrate = 10.61% (350k / 3.30m)
NOPAT = 63.2m (EBIT 70.7m * (1 - 10.61%))
Current Ratio = 0.36 (Total Current Assets 161.5m / Total Current Liabilities 451.3m)
Debt / Equity = 54.70 (Debt 1.45b / totalStockholderEquity, last quarter 26.5m)
Debt / EBITDA = 3.21 (Net Debt 1.41b / EBITDA 440.2m)
Debt / FCF = 26.66 (Net Debt 1.41b / FCF TTM 53.0m)
Total Stockholder Equity = 27.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.05% (Net Income -906k / Total Assets 1.75b)
RoE = -3.31% (Net Income TTM -906k / Total Stockholder Equity 27.4m)
RoCE = 6.16% (EBIT 70.7m / Capital Employed (Equity 27.4m + L.T.Debt 1.12b))
RoIC = 4.70% (NOPAT 63.2m / Invested Capital 1.34b)
WACC = 5.50% (E(2.32b)/V(3.77b) * Re(6.26%) + D(1.45b)/V(3.77b) * Rd(4.79%) * (1-Tc(0.11)))
Discount Rate = 6.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.56 | Cagr: -9.49%
[DCF] Terminal Value 77.97% ; FCFF base≈47.9m ; Y1≈54.9m ; Y5≈80.8m
[DCF] Fair Price = N/A (negative equity: EV 1.22b - Net Debt 1.41b = -196.7m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.29 | Revenue CAGR: 9.43% | SUE: N/A | # QB: 0
EPS current Quarter (2026-05-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-08-31): EPS=0.16 | Chg30d=+2.93% | Revisions=+25% | GrowthEPS=+1133.3% | GrowthRev=+5.3%
EPS next Year (2027-08-31): EPS=0.29 | Chg30d=+1.31% | Revisions=+25% | GrowthEPS=+81.7% | GrowthRev=+9.1%
[Analyst] Revisions Ratio: +40% (up=2, down=0)