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olivLaw · European equity research

Fnac Darty FNAC.PA

France · Euronext Paris · ISIN FR0011476928 · Vertical: Listed companies from France

35.05EUR+0.43% · 1 dayClose 05 Nov 2026

At the close of 05 Nov 2026, Fnac Darty (FNAC.PA) stock was 35.05 EUR (+0.43% on the day), with market capitalisation 1.1 bn EUR, dividend yield 2.85%, beta 0.52, 52-week range 26.60–35.50 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
1.1 bn EUR
shares as of 31 Dec 2025
P/E (TTM)
unavailable
Diluted EPS TTM -4.81 · TTM to 31 Dec 2025
E/P (TTM)
-13.72%
TTM to 31 Dec 2025
Dividend yield
2.85%
DPS 12m 1.00
Beta (2y)
0.52
Volatility (1y) 23%
52-week range
26.6035.50

Price history

Loading chart…

Technical reading

RSI (14)
74.5
overbought (≥ 70)
Bollinger (20, 2)
34.48 – 35.07
in the upper half of the band · %B 0.96 · band width 1.7%
SMA 50 / 200
34.65 / 33.30
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.09 / 0.08
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+1.3%−0.6%+1.9 pp—
3 months+1.4%−4.2%+5.6 pp—
6 months−0.6%+4.3%−4.9 pp—
Year to date+21.1%+7.5%+13.6 pp—
1 year+23.4%+9.9%+13.5 pp−6.8%
3 years+50.7%+49.8%+0.8 pp−15.9%
5 years−39.1%+42.8%−82.0 pp—
Max drawdown (1y)
−8.4%
09 Jan 2026 → 20 Jan 2026
Max drawdown (5y)
−66.5%
05 Jan 2022 → 27 Oct 2023
Compound annual growth (5y)
−9.5%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year202320242025
Revenue7.9 bn8.1 bn10.3 bn
Revenue YoYunavailable+2.6%+27.8%
Net income49.7 m35.9 m-145.6 m
Net income YoYunavailable−27.8%−505.6%
Diluted EPS1.611.12-4.81
Diluted EPS YoYunavailable−30.4%−529.5%
net %0.6%0.4%-1.4%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
1.1 bn EUR
Financial debt
928.6 m EUR
Net debt
-175.1 m EUR
Equity
1.6 bn EUR
Total assets
8.5 bn EUR
Debt / equity
0.59x
Current ratio
unavailable
ROE
-8.8%
ROA
-1.7%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
7.9 bn
2024
8.1 bn
2025
10.3 bn

esef· 10 Mar 2026verified

Pre-tax income
2023
-38.5 m
2024
94.7 m
2025
-37.5 m

esef· 10 Mar 2026verified

Income tax
2023
30.6 m
2024
31.7 m
2025
24.5 m

esef· 10 Mar 2026verified

Net income
2023
49.7 m
2024
35.9 m
2025
-145.6 m

esef· 10 Mar 2026verified

Diluted EPS
2023
1.61
2024
1.12
2025
-4.81

esef· 10 Mar 2026verified

Dividend per share
2023
0.78
2024
0.45
2025
1.00

esef· 10 Mar 2026verified

Balance sheet · EUR

Cash
2023
1.1 bn
2024
1.1 bn
2025
1.1 bn

esef· 10 Mar 2026verified

Inventories
2023
1.2 bn
2024
1.7 bn
2025
1.6 bn

esef· 10 Mar 2026verified

Property, plant & equipment, net
2023
544.2 m
2024
530.8 m
2025
515.2 m

esef· 10 Mar 2026verified

Goodwill
2023
1.7 bn
2024
2.0 bn
2025
1.8 bn

esef· 10 Mar 2026verified

Intangibles (excl. goodwill)
2023
565.5 m
2024
614.6 m
2025
752.8 m

esef· 10 Mar 2026verified

Total assets
2023
7.0 bn
2024
8.5 bn
2025
8.5 bn

esef· 10 Mar 2026verified

Long-term debt
2023
604.2 m
2024
791.4 m
2025
928.6 m

esef· 10 Mar 2026verified

Equity
2023
1.5 bn
2024
1.7 bn
2025
1.6 bn

esef· 10 Mar 2026verified

Shares outstanding at year end
2023
27.6 m
2024
28.7 m
2025
30.3 m

esef· 10 Mar 2026derived

Cash flow · EUR

Operating cash flow
2023
573.1 m
2024
501.1 m
2025
—

esef· 24 Sept 2025verified

Investing cash flow
2023
-130.0 m
2024
-104.4 m
2025
—

esef· 24 Sept 2025verified

Financing cash flow
2023
-342.0 m
2024
-459.1 m
2025
—

esef· 24 Sept 2025verified

Dividends paid
2023
21.4 m
2024
17.6 m
2025
33.8 m

esef· 10 Mar 2026verified

Computed indicators

Growth

Revenue growth (YoY)
27.8%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
unavailable
input data missing
Net income growth (YoY)
-505.6%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-529.5%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
unavailable
input data missing
EBIT margin
unavailable
input data missing
Net margin
-1.4%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
-9.5%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
-1.7%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
unavailable
input data missing
ROCE
unavailable
input data missing
Payout ratio (EPS)
unavailable
insufficient data
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
-175.1 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.6x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
unavailable
input data missing
Quick ratio
unavailable
input data missing
Cash ratio
unavailable
input data missing

Cash

Operating cash flow
501.1 m EUR
computed by olivLawFY 2024
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
1.1 bn EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
885.9 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
unavailable
insufficient data
P/E (TTM)
unavailable
insufficient data
Earnings yield
-13.7%
computed by olivLawFY 2025
P/B
0.7x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
0.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
0.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
2.9%
computed by olivLawFY 2025
Shareholder yield (distributions)
3.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 2 of at least 6
  • score weight coverage: 12.5% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

35.05 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: 1.1 bn EUR

Key indicators

Market capitalisation
1.1 bn EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
unavailable
insufficient data
P/B
0.7x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
-9.5%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
-1.4%
computed by olivLawFY 2025
Revenue growth (YoY)
27.8%
computed by olivLawFY 2025
Dividend yield
2.9%
computed by olivLawFY 2025

Coverage and freshness

19/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 10 Mar 2026
verified 58derived 4

Score by group

13% · Insufficient data

Estimated value range

Low
13.60
EUR per share
Mid
15.69
EUR per share
High
18.55
EUR per share
Price: 35.05 EUR
The price is above the range
Potential to the central value: -55.2% (value / price − 1)
Margin of safety: -123.4% (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 13.60 – 18.55 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)13.60 – 18.55 (Mid 15.69)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 2 of at least 6; score weight coverage: 12.5% of at least 60%

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality-1.4%31 (vs peers)50%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheetunavailableunavailable—
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns3.2%46 (on a fixed band)50%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partialunavailable · 0/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality· partial31/100 · 1/3 factors with a value
  • Returns· partial46/100 · 1/2 factors with a value
  • Valuation· partialunavailable · 0/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

FNAC DARTY (FNAC.PA). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 10.3 bn EUR in 2025; YoY growth 27.8%; net margin -1.4%; ROE -9.5%.

The estimated value range is 13.60–18.55 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 15.69 EUR, the price of 35.05 EUR leaves a potential of -55.2% (value / price − 1) and a margin of safety of -123.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 2 of at least 6; score weight coverage: 12.5% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

What contradicts it

  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, Current ratio, P/E (TTM), EV/EBITDA, FCF yield, Payout ratio (FCF).

Versus the vertical median

Listed companies from France · same country · compared with 39 companies

Multiples and returns vs the median

P/E
—
vertical median 18.3x
EV/EBITDA
—
vertical median 6.3x
P/S
0.1x
vertical median 0.5x
below median (−79.9%)
P/B
0.7x
vertical median 1.1x
below median (−30.6%)
ROE
-9.5%
vertical median 4.2%
below median (−329.1%)
Net margin
-1.4%
vertical median 1.1%
below median (−225.1%)
EBIT margin
—
vertical median 3.2%
Revenue YoY
27.8%
vertical median 0.6%
above median (+4,627.7%)
Net debt/EBITDA
—
vertical median -1.2x
Dividend yield
2.9%
vertical median 1.7%
above median (+67.6%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AI.PAL'air Liquide Societe Anonyme Pour L'etude Et L'exploitation Des Procedes Georges Claude109.3 bn33.212.9%12.2%−2.0%+26% / +32%
AC.PAAccor13.8 bn30.79.6%8.0%+0.6%+6% / +56%
ADP.PAAeroports De Paris11.7 bn34.17.8%5.6%+12.1%−7% / +4%
AKE.PAArkema7.1 bn115.40.9%0.7%−5.0%+12% / −37%
ALO.PAAlstom5.8 bn18.33.1%1.7%+3.7%−51% / −4%
AF.PAAir France - Klm4.3 bn13.6—1.0%+4.8%+20% / +9%
ATE.PAAlten3.1 bn29.54.8%2.6%−1.1%+33% / −29%
BB.PASociete Bic2.7 bn31.35.0%4.1%−4.8%+32% / +5%
ANTIN.PAAntin Infrastructure Partners1.4 bn13.021.9%36.6%−8.1%−24% / −35%
FNAC.PAFnac Darty1.1 bn—-9.5%-1.4%+27.8%+24% / +33%
74SW.PA74software792.7 m20.98.9%8.5%+44.8%−13% / +41%
AUB.PAAubay667.4 m17.813.6%6.3%+11.3%+3% / +45%
ASY.PAAssystem507.1 m69.92.5%1.1%+7.4%−19% / −18%
ATO.PAAtos Se483.0 m—-23,400.0%-17.5%−16.5%−45% / −94%
ARAMI.PAAramis Group298.8 m15.010.0%0.8%+6.3%−33% / −16%
ARVEN.PAArverne Group246.1 m—-14.0%-115.3%+27.0%+20% / −35%
BGO.PACompagnie Chargeurs Invest189.4 m—-8.6%-5.7%−2.9%unavailable / unavailable
ALCIS.PACatering International & Services145.0 m28.49.3%1.9%+5.8%+39% / +107%
ALCGM.PACegedim144.6 m—-2.6%-1.2%+10.9%−26% / −49%
ATEME.PAAteme144.0 m151.32.8%1.0%+2.2%+82% / +77%
ALHEX.PAHexaom144.0 m6.79.9%2.2%+13.1%−32% / +7%
ALBON.PACompagnie Lebon111.7 m16.54.2%8.8%−17.9%+6% / +8%
ALHYF.PALhyfe75.8 m—-33.4%-570.5%+287.2%unavailable / unavailable
ALFER.PASergeferrari Group61.5 m11.55.1%1.5%+7.4%−33% / −27%
ABEO.PAAbeo60.8 m7.36.9%3.0%+12.6%−13% / −54%

1- and 3-year price returns: for FNAC.PA from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
3 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
5 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    AI analysis

    The qualitative analysis has not been written for this company yet.

    Products, market & competition

    The qualitative analysis has not been written for this company yet.

    News & filings

    In the press

    Annual reports (ESEF)

    Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.