olivLaw · European equity research
ID Logistics Group IDL.PA
France · Euronext Paris · ISIN FR0010929125 · Vertical: Listed companies from France
ID Logistics Group is an international contract logistics group that runs dedicated warehouses for clients in distribution, e-commerce and consumer goods, on an asset light model. In 2025 the group generated revenue of about 3.7 billion EUR, in a global market estimated at about 305 billion EUR.
At the close of 05 Nov 2026, ID Logistics Group (IDL.PA) stock was 386.00 EUR (+3.21% on the day), with market capitalisation 2.4 bn EUR, P/E 42.9 on diluted EPS of 9.00 EUR over the last 12 months, beta 0.74, 52-week range 309.50–436.50 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 79.4
- overbought (≥ 70)
- Bollinger (20, 2)
- 310.33 – 391.77
- in the upper half of the band · %B 0.93 · band width 23.2%
- SMA 50 / 200
- 333.85 / 354.32
- mixed trend
- MACD (12, 26, 9)
- 13.50 / 10.53
- 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
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +19.9% | −0.6% | +20.5 pp | — |
| 3 months | +10.4% | −4.2% | +14.6 pp | — |
| 6 months | +8.7% | +4.3% | +4.4 pp | — |
| Year to date | −6.1% | +7.5% | −13.6 pp | — |
| 1 year | +0.1% | +9.9% | −9.8 pp | −6.8% |
| 3 years | +53.2% | +49.8% | +3.3 pp | −15.9% |
| 5 years | +17.1% | +42.8% | −25.7 pp | — |
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.
Today's P/E sits at the 33 percentile of its own 3-quarter history (min 37.3, median 45.7, max 47.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 2.7 bn | 3.3 bn | 3.7 bn |
| Revenue YoY | unavailable | +19.1% | +14.2% |
| Net income | 52.1 m | 52.8 m | 63.3 m |
| Net income YoY | unavailable | +1.3% | +19.8% |
| Diluted EPS | 8.21 | 8.00 | 9.00 |
| Diluted EPS YoY | unavailable | −2.6% | +12.5% |
| net % | 1.9% | 1.6% | 1.7% |
| Free cash flow | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 283.4 m EUR
- Financial debt
- 483.5 m EUR
- Net debt
- 200.1 m EUR
- Equity
- 640.6 m EUR
- Total assets
- 3.3 bn EUR
- Debt / equity
- 0.75x
- Current ratio
- 0.86x
- ROE
- 10.0%
- ROA
- 2.0%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 2.7 bn | 3.3 bn | 3.7 bn | esef· 12 May 2026verified |
| Operating income | 126.8 m | 141.1 m | 158.6 m | esef· 12 May 2026verified |
| Depreciation & amortisation | 308.9 m | 365.7 m | 415.9 m | esef· 12 May 2026verified |
| EBITDA | 435.7 m ≈ | 506.8 m ≈ | 574.5 m ≈ | esef· 12 May 2026derived |
| Interest expense | 61.5 m | 73.9 m | 79.2 m | esef· 12 May 2026verified |
| Pre-tax income | 72.1 m | 73.6 m | 88.4 m | esef· 12 May 2026verified |
| Income tax | 18.9 m | 20.8 m | 25.5 m | esef· 12 May 2026verified |
| Net income | 52.1 m | 52.8 m | 63.3 m | esef· 12 May 2026verified |
| Diluted EPS | 8.21 | 8.00 | 9.00 | esef· 12 May 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 241.8 m | 314.3 m | 283.4 m | esef· 12 May 2026verified |
| Inventories | 1.6 m | 1.3 m | 974.0 k | esef· 12 May 2026verified |
| Current assets | 913.2 m | 1.1 bn | 1.2 bn | esef· 12 May 2026verified |
| Property, plant & equipment, net | 212.9 m | 238.4 m | 321.1 m | esef· 12 May 2026verified |
| Goodwill | 532.9 m | 550.4 m | 526.1 m | esef· 12 May 2026verified |
| Intangibles (excl. goodwill) | 57.8 m | 53.3 m | 56.8 m | esef· 12 May 2026verified |
| Total assets | 2.6 bn | 3.0 bn | 3.3 bn | esef· 12 May 2026verified |
| Short-term debt | 152.9 m | 88.0 m | 113.8 m | esef· 12 May 2026verified |
| Long-term debt | 370.9 m | 340.5 m | 369.7 m | esef· 12 May 2026verified |
| Current liabilities | 1.2 bn | 1.3 bn | 1.4 bn | esef· 12 May 2026verified |
| Equity | 413.6 m | 622.0 m | 640.6 m | esef· 12 May 2026verified |
| Shares outstanding at year end | 5.9 m | 6.6 m | 6.3 m | esef· 12 May 2026derived |
Cash flow · EUR
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 58.3% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 2.4 bn EUR
Key indicators
Coverage and freshness
Score by group
58% · Insufficient data
Estimated value range
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: 99.82 – 965.56 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/EBITDA530.71 – 965.56 (Mid 681.87)4 companies used · median multiple 7.9x · quartiles 6.2x – 11.0xABEO.PA, AI.PA, ANTIN.PA, ATE.PA
- Peers: P/E99.82 – 268.21 (Mid 154.18)20 companies used · median multiple 17.1x · quartiles 11.1x – 29.8x74SW.PA, ABEO.PA, AC.PA, ADP.PA, AF.PA, AI.PA, ALBON.PA, ALCIS.PA, ALCLA.PA, ALFER.PA, ALHEX.PA, ALO.PA, ALPWG.PA, ALSOG.PA, ANTIN.PA, ARAMI.PA, ATE.PA, AUB.PA, AURE.PA, BB.PA
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
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: score weight coverage: 58.3% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 14.3% | 71 (vs peers) | 18% |
| Net margin · Quality | 1.7% | 59 (vs peers) | 11% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | 0.3x | 43 (vs peers) | 18% |
| Interest coverage · Balance sheet | 2.0x | 8 (on a fixed band) | 11% |
| Current ratio · Balance sheet | 0.9x | 5 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | 42.9x | 17 (vs peers) | 18% |
| EV/EBITDA · Valuation | 4.6x | 80 (vs peers) | 18% |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet25/100 · 3/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality67/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation49/100 · 2/3 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
ID LOGISTICS GROUP (IDL.PA). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 3.7 bn EUR in 2025; YoY growth 14.2%; net margin 1.7%; ROE 10.0%; net debt/EBITDA 0.3x.
The estimated value range is 315.27–616.88 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 418.02 EUR, the price of 386.00 EUR leaves a potential of 8.3% (value / price − 1) and a margin of safety of 7.7% (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 (score weight coverage: 58.3% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 14.3%
- EV/EBITDA: 4.6x
What contradicts it
- Interest coverage: 2.0x
- Current ratio: 0.9x
- P/E (TTM): 42.9x
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from France · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AI.PAL'air Liquide Societe Anonyme Pour L'etude Et L'exploitation Des Procedes Georges Claude | 109.3 bn | 33.2 | 12.9% | 12.2% | −2.0% | +26% / +32% |
| AC.PAAccor | 13.8 bn | 30.7 | 9.6% | 8.0% | +0.6% | +6% / +56% |
| ADP.PAAeroports De Paris | 11.7 bn | 34.1 | 7.8% | 5.6% | +12.1% | −7% / +4% |
| AKE.PAArkema | 7.1 bn | 115.4 | 0.9% | 0.7% | −5.0% | +12% / −37% |
| ALO.PAAlstom | 5.8 bn | 18.3 | 3.1% | 1.7% | +3.7% | −51% / −4% |
| AF.PAAir France - Klm | 4.3 bn | 13.6 | — | 1.0% | +4.8% | +20% / +9% |
| ATE.PAAlten | 3.1 bn | 29.5 | 4.8% | 2.6% | −1.1% | +33% / −29% |
| BB.PASociete Bic | 2.7 bn | 31.3 | 5.0% | 4.1% | −4.8% | +32% / +5% |
| IDL.PAId Logistics Group | 2.4 bn | 42.9 | 10.0% | 1.7% | +14.2% | +0% / +34% |
| ANTIN.PAAntin Infrastructure Partners | 1.4 bn | 13.0 | 21.9% | 36.6% | −8.1% | −24% / −35% |
| 74SW.PA74software | 792.7 m | 20.9 | 8.9% | 8.5% | +44.8% | −13% / +41% |
| AUB.PAAubay | 667.4 m | 17.8 | 13.6% | 6.3% | +11.3% | +3% / +45% |
| ASY.PAAssystem | 507.1 m | 69.9 | 2.5% | 1.1% | +7.4% | −19% / −18% |
| ATO.PAAtos Se | 483.0 m | — | -23,400.0% | -17.5% | −16.5% | −45% / −94% |
| ARAMI.PAAramis Group | 298.8 m | 15.0 | 10.0% | 0.8% | +6.3% | −33% / −16% |
| ARVEN.PAArverne Group | 246.1 m | — | -14.0% | -115.3% | +27.0% | +20% / −35% |
| BGO.PACompagnie Chargeurs Invest | 189.4 m | — | -8.6% | -5.7% | −2.9% | unavailable / unavailable |
| ALCIS.PACatering International & Services | 145.0 m | 28.4 | 9.3% | 1.9% | +5.8% | +39% / +107% |
| ALCGM.PACegedim | 144.6 m | — | -2.6% | -1.2% | +10.9% | −26% / −49% |
| ATEME.PAAteme | 144.0 m | 151.3 | 2.8% | 1.0% | +2.2% | +82% / +77% |
| ALHEX.PAHexaom | 144.0 m | 6.7 | 9.9% | 2.2% | +13.1% | −32% / +7% |
| ALBON.PACompagnie Lebon | 111.7 m | 16.5 | 4.2% | 8.8% | −17.9% | +6% / +8% |
| ALHYF.PALhyfe | 75.8 m | — | -33.4% | -570.5% | +287.2% | unavailable / unavailable |
| ALFER.PASergeferrari Group | 61.5 m | 11.5 | 5.1% | 1.5% | +7.4% | −33% / −27% |
| ABEO.PAAbeo | 60.8 m | 7.3 | 6.9% | 3.0% | +12.6% | −13% / −54% |
1- and 3-year price returns: for IDL.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.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 278.35 Total return -28% · Per year -28% | 490.00 Total return 27% · Per year 27% | 735.19 Total return 90% · Per year 90% |
| 3 years | 325.66 Total return -16% · Per year -6% | 639.57 Total return 66% · Per year 18% | 1,045.44 Total return 171% · Per year 39% |
| 5 years | 381.02 Total return -1% · Per year -0% | 834.79 Total return 116% · Per year 17% | 1,486.62 Total return 285% · Per year 31% |
- Exit P/E± 159.89
- Net margin± 111.92
- Annual revenue growth± 84.02
- Annual dilution± 9.40
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
ID Logistics Group is an international contract logistics group that runs dedicated warehouses for clients in distribution, e-commerce and consumer goods, on an asset light model. In 2025 the group generated revenue of about 3.7 billion EUR 1, in a global market estimated at about 305 billion EUR 1.
SWOT
Strengths
- An asset light model built on dedicated warehouses and advanced technology supports the group's competitive position 1.
- A balanced sector mix across distribution, e-commerce and consumer goods, with leading international clients 1.
- A high contract renewal rate gives visibility on medium-term revenue 1.
Weaknesses
Opportunities
Risks
- Rapid organic growthmedium
Faster growth and a higher number of new sites could affect results if the group cannot manage it effectively 1.
- Contract non-renewalhigh
Contracts can be terminated early or not renewed, which could leave unused space and staff costs 1.
- External growthmedium
Acquisitions carry risks in valuing and integrating assets, staff and systems, which could affect results 1.
- Cybercrimemedium
A cyberattack could lead to loss of confidential data or disruption of operations 1.
- International exposuremedium
Activity in many countries exposes the group to political, currency and administrative risks 1.
Investment thesis
What would need to be true (bull case)
- If the trend toward outsourced logistics holds, the group could benefit from a stable contract portfolio and continued growth 1.
- The asset light model and high renewal rate could support results over the medium term 1.
- If new sites reach productive maturity quickly, the margin could gradually improve 1.
What to watch
- Trend in newly launched sites and in the operating margin2026
- Contract renewal rate and any early terminationsnext 10-K
- Pace of integration of recent acquisitions2026
- Trend in net debt and operating cash flownext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
ID Logistics is an international contract logistics group founded in 2001, developing an asset light model based on warehouse logistics dedicated to each client and a high level of technology 1. The group manages more than 450 sites across 19 countries, totalling 10 million m2 1. Operations are run by subsidiaries, the parent company being a holding with no operating activity 1.
Segments
Market context
Trends
- Growth of e-commercetailwind
E-commerce development and changing consumption patterns increase outsourcing of logistics, which could support the group's volumes 1.
- Sensitivity to the economyheadwind
Volumes handled can be erratic during economic downturns, making planning harder for logistics providers 1.
- Supply chain optimisationtailwind
Clients treat supply chain optimisation as a strategic goal, which may lead to more outsourcing to logistics partners 1.
- Margin pressuremixed
The current operating margin remains thin, leaving little room for error while the number of sites grows quickly 1.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202512 May 2026
- Annual report 202429 Apr 2025
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / ID Logistics Group · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.