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Added to YB: 2026-06-18

Pitch date: 2026-06-16

EXE.PA [bullish]

EXEL Industries SA

Author Info

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Company Info

EXEL Industries SA engages in the manufacture and sale of agricultural spraying equipment in France and internationally.

Market Cap

EUR 153.3M

Pitch Price

N/A

Price Target

68.00 (+201%)

Dividend

2.65%

EV/EBITDA

7.76

P/E

-38.72

EV/Sales

0.35

Sector

Machinery

Category

value

Show full summary:
Exel Industries (EXE) – A Family-Controlled French Acquisitive Conglomerate at an ATL Valuation of 0.44x TB

EXE.PA: French family-controlled (84% Ballu) spray/harvest equipment conglomerate at P/TB 0.44x (ATL since 2012), -80% from 2018 peak on ag-cycle downturn (first net loss since 2006). FY25 sales €983m. Analyst PT €34. Normalization upside 51-109%, SOTP €68 (+175%). Risk: dividend cut.

Read full article (8 min)