olivLaw · European equity research
Maisons du Monde MDM.PA
France · Euronext Paris · ISIN FR0013153541 · Vertical: Listed companies from France
Maisons du Monde is a French decoration and furniture retailer with a physical store network and an integrated online channel, selling mainly mid-range products. Inflation and weaker property transactions make demand for home furnishings more sensitive, which pressures store traffic and average basket size.
At the close of 06 Nov 2026, Maisons du Monde (MDM.PA) stock was 0.19 EUR (+1.09% on the day), with market capitalisation 7.1 m EUR, dividend yield 0.00%, beta 0.50, 52-week range 0.15–2.06 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)
- 43.3
- weak (30–45)
- Bollinger (20, 2)
- 0.18 – 0.20
- in the lower half of the band · %B 0.31 · band width 14.1%
- SMA 50 / 200
- 0.21 / 0.60
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.01 / -0.01
- 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 | −10.6% | −0.2% | −10.5 pp | — |
| 3 months | +5.8% | −5.4% | +11.3 pp | — |
| 6 months | −66.6% | +4.4% | −71.0 pp | — |
| Year to date | −90.1% | +6.5% | −96.6 pp | — |
| 1 year | −90.2% | +10.0% | −100.1 pp | −7.4% |
| 3 years | −96.3% | +48.6% | −144.8 pp | −18.0% |
| 5 years | −99.1% | +41.4% | −140.5 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.
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1.2 bn | 1.0 bn | 973.2 m |
| Revenue YoY | unavailable | −10.9% | −5.5% |
| Net income | 8.6 m | -115.3 m | -405.8 m |
| Net income YoY | unavailable | −1,445.9% | unavailable |
| Diluted EPS | 0.21 | -2.99 | -10.53 |
| Diluted EPS YoY | unavailable | −1,523.8% | unavailable |
| net % | 0.7% | -11.2% | -41.7% |
| Free cash flow | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 96.1 m EUR
- Financial debt
- 25.4 m EUR
- Net debt
- -70.7 m EUR
- Equity
- 78.1 m EUR
- Total assets
- 1.1 bn EUR
- Debt / equity
- 0.32x
- Current ratio
- 0.57x
- ROE
- -140.5%
- ROA
- -31.0%
- 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 | 1.2 bn | 1.0 bn | 973.2 m | esef· 07 Jul 2026verified |
| Operating income | 36.3 m | -99.6 m | -398.3 m | esef· 07 Jul 2026verified |
| Pre-tax income | 14.0 m | -121.8 m | -426.1 m | esef· 07 Jul 2026verified |
| Income tax | 5.2 m | -6.5 m | -20.2 m | esef· 07 Jul 2026verified |
| Net income | 8.6 m | -115.3 m | -405.8 m | esef· 07 Jul 2026verified |
| Diluted EPS | 0.21 | -2.99 | -10.53 | esef· 07 Jul 2026verified |
| Dividend per share | 0.28 | 0.06 | 0.00 | esef· 07 Jul 2026verified |
Balance sheet · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 29.9 m | 90.5 m | 96.1 m | esef· 07 Jul 2026verified |
| Receivables | 73.9 m | 58.4 m | 47.5 m | esef· 07 Jul 2026verified |
| Inventories | 202.2 m | 199.7 m | 181.8 m | esef· 07 Jul 2026verified |
| Current assets | 323.6 m | 362.5 m | 332.5 m | esef· 07 Jul 2026verified |
| Property, plant & equipment, net | 158.1 m | 135.7 m | 87.0 m | esef· 07 Jul 2026verified |
| Goodwill | 327.0 m | 246.0 m | 0 | esef· 07 Jul 2026verified |
| Intangibles (excl. goodwill) | 247.1 m | 248.4 m | 190.7 m | esef· 07 Jul 2026verified |
| Total assets | 1.6 bn | 1.5 bn | 1.1 bn | esef· 07 Jul 2026verified |
| Accounts payable | 269.5 m | 263.5 m | 228.8 m | esef· 07 Jul 2026verified |
| Long-term debt | 83.9 m | 53.9 m | 25.4 m | esef· 07 Jul 2026verified |
| Current liabilities | 442.8 m | 504.0 m | 579.1 m | esef· 07 Jul 2026verified |
| Total liabilities | 1.1 bn | 1.0 bn | 1.0 bn | esef· 07 Jul 2026verified |
| Equity | 596.4 m | 499.5 m | 78.1 m | esef· 07 Jul 2026verified |
| Shares outstanding at year end | 40.8 m | 38.6 m | 38.5 m | esef· 07 Jul 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
- indicators available: 4 of at least 6
- score weight coverage: 27.1% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
06 Nov 2026Source: olivLaw, closing series
Market cap: 7.1 m EUR
Key indicators
Coverage and freshness
Score by group
27% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
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)unavailable · the base of the ratio is not positive
no valuation method could be computed
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: 4 of at least 6; score weight coverage: 27.1% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | -142.3% | 0 (vs peers) | 38% |
| Net margin · Quality | -41.7% | 23 (vs peers) | 23% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 0.6x | 0 (on a fixed band) | 15% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 0.0% | 0 (on a fixed band) | 23% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial0/100 · 1/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality9/100 · 2/3 factors with a value
- Returns· partial0/100 · 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
MAISONS DU MONDE (MDM.PA). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 973.2 m EUR in 2025; YoY growth -5.5%; net margin -41.7%; ROE -140.7%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%; valuation methods computed: 0 of at least 1).
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
- ROIC: -142.3%
- Net margin: -41.7%
- Current ratio: 0.6x
- Shareholder yield (distributions): 0.0%
Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, 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
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 | 108.2 bn | 32.8 | 12.9% | 12.2% | −2.0% | +25% / +31% |
| AC.PAAccor | 13.9 bn | 31.1 | 9.6% | 8.0% | +0.6% | +7% / +57% |
| ADP.PAAeroports De Paris | 11.6 bn | 33.9 | 7.8% | 5.6% | +12.1% | −7% / +4% |
| AKE.PAArkema | 7.0 bn | 113.0 | 0.9% | 0.7% | −5.0% | +10% / −38% |
| ALO.PAAlstom | 5.7 bn | 17.9 | 3.1% | 1.7% | +3.7% | −52% / −6% |
| AF.PAAir France - Klm | 4.6 bn | 14.5 | — | 1.0% | +4.8% | +28% / +16% |
| ATE.PAAlten | 3.0 bn | 28.7 | 4.8% | 2.6% | −1.1% | +30% / −30% |
| BB.PASociete Bic | 2.7 bn | 31.0 | 5.0% | 4.1% | −4.8% | +31% / +4% |
| ANTIN.PAAntin Infrastructure Partners | 1.4 bn | 12.6 | 21.9% | 36.6% | −8.1% | −26% / −37% |
| 74SW.PA74software | 799.8 m | 21.0 | 8.9% | 8.5% | +44.8% | −12% / +42% |
| AUB.PAAubay | 629.9 m | 16.8 | 13.6% | 6.3% | +11.3% | −3% / +37% |
| ASY.PAAssystem | 503.5 m | 69.4 | 2.5% | 1.1% | +7.4% | −19% / −19% |
| ATO.PAAtos Se | 472.0 m | — | -23,400.0% | -17.5% | −16.5% | −46% / −94% |
| ARAMI.PAAramis Group | 291.4 m | 14.7 | 10.0% | 0.8% | +6.3% | −34% / −18% |
| ARVEN.PAArverne Group | 246.1 m | — | -14.0% | -115.3% | +27.0% | +20% / −35% |
| BGO.PACompagnie Chargeurs Invest | 184.6 m | — | -8.6% | -5.7% | −2.9% | unavailable / unavailable |
| ATEME.PAAteme | 153.5 m | 161.3 | 2.8% | 1.0% | +2.2% | +94% / +89% |
| ALCIS.PACatering International & Services | 144.6 m | 28.3 | 9.3% | 1.9% | +5.8% | +39% / +106% |
| ALHEX.PAHexaom | 144.0 m | 6.7 | 9.9% | 2.2% | +13.1% | −32% / +7% |
| ALCGM.PACegedim | 142.4 m | — | -2.6% | -1.2% | +10.9% | −27% / −50% |
| ALBON.PACompagnie Lebon | 110.8 m | 16.3 | 4.2% | 8.8% | −17.9% | +5% / +8% |
| ALHYF.PALhyfe | 74.4 m | — | -33.4% | -570.5% | +287.2% | unavailable / unavailable |
| ALFER.PASergeferrari Group | 62.9 m | 11.7 | 5.1% | 1.5% | +7.4% | −31% / −26% |
| ABEO.PAAbeo | 59.3 m | 7.1 | 6.9% | 3.0% | +12.6% | −15% / −55% |
| ABNX.PAAbionyx Pharma | 53.8 m | — | -92.3% | -136.6% | −10.7% | −62% / +19% |
1- and 3-year price returns: for MDM.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 | 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 |
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
Maisons du Monde is a French decoration and furniture retailer with a physical store network and an integrated online channel, selling mainly mid-range products. Inflation and weaker property transactions make demand for home furnishings more sensitive, which pressures store traffic and average basket size 1.
SWOT
Strengths
- The omnichannel model linking stores, the website and click and collect is described as a clear advantage over competitors 1.
- Own-brand and in-house designed collections allow differentiation on price and style without relying only on third-party brands 1.
- A marketplace channel and a loyalty programme launched in 2024 provide tools for customer relationships 1.
Weaknesses
- Online conversion is described as below market level, which limits growth in online sales 1.
- Products are mostly mid-range, a position that could become unsuitable if competitors lower prices 1.
- The company depends on third-party suppliers concentrated geographically in Asia, which exposes the supply chain to disruption 1.
Opportunities
- Growing demand for responsible and durable products, supported by the Seconde Chance programme, could open new segments 1.
- Developing the marketplace and B2B offer could complement sales from stores and the company's own channel 1.
- Digital integration and customer loyalty through services such as home staging could increase purchase frequency 1.
Threats
- Inflation and lower purchasing power could reduce household budgets for furniture and decoration 1.
- Weaker property transactions and fewer new homes limit demand linked to moves and fit-outs 1.
- Anti-dumping or countervailing duties on some imported products could raise costs and force a reorganisation of sourcing 1.
Risks
- Dependence on Asian sourcinghigh
Products are mainly manufactured in Asia, and climate, geopolitical events and trade measures could interrupt flows and raise costs 1.
- Discretionary demand sensitive to the economyhigh
Furniture purchases depend on employment, wages, inflation and the property market, and a deterioration in these could reduce store traffic 1.
- Price competition pressuremedium
Competitors using aggressive pricing or cheaper products could force the company to cut prices and raise promotional spending, affecting margins 1.
- IT systems and cybersecuritymedium
System outages or cyberattacks could halt sales in stores and online and damage customer trust 1.
- Brand imagemedium
An unfavourable media campaign or a quality incident could erode consumer confidence and affect sales 1.
Investment thesis
What would need to be true (bull case)
- If the relaunch of site conversion succeeds, online sales could grow significantly, offsetting pressure in stores and benefiting from the omnichannel model 1.
- Rising interest in responsible consumption and the Seconde Chance programme could attract new customers at accessible prices 1.
- Developing the marketplace and the loyalty programme could raise purchase frequency and average basket value 1.
What would break the thesis
- If inflation and trading down persist, demand for mid-range products could keep falling 1.
- Dependence on Asian suppliers and customs duties could raise costs and delay deliveries, affecting margins 1.
- Strong competition, including from platforms and pure players, could prevent the company from regaining market share 1.
What to watch
- Trend in e-commerce site conversion and online salesQ1 2027
- Store traffic and average basket value2027
- Impact of the loyalty programme and Seconde Chance on customers2027
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
The group sells decoration and furniture under its own Maisons du Monde brand through an omnichannel model combining physical stores, its e-commerce site, click and collect and a selective marketplace launched between 2020 and 2023 1. Products are largely developed in-house and made by third-party suppliers, mainly in Asia (China, India, Indonesia and Vietnam) 1. A loyalty programme launched in October 2024 emphasises relationships and services 1.
The model depends on keeping an accessible product mix, mostly in the mid-range, while competitors may push aggressive pricing 1. The Seconde Chance programme extends product lifespans and adds accessible price ranges 1.
The company says it aims to restore online conversion to market levels while keeping its store network as the brand's anchor 1. Own-brand products and lifestyle-based collections are central to its differentiation 1.
Segments
Stores and online sales
Physical stores are linked with the online channel, so customers can see products in store and buy them on the site or the reverse, and free in-store delivery and click and collect help bring traffic 1. The company says it aims to return online conversion to a market-aligned level 1.
Marketplace and B2B
The selective marketplace, rolled out in France, Spain, Italy and Germany, and the business-to-business offer are described as tools that complement the range and explore the market, not as main revenue lines 1.
Market context
The group operates in a decoration and furniture market described as highly fragmented and competitive, with specialist retailers and general stores that also sell decorative items 1. Furniture demand is largely discretionary and depends on employment, wages, household debt, inflation and interest rates 1.
The market is also linked to property transactions, mortgage lending and new housing, factors that influence furniture purchases during moves or renovations 1. The company notes that trading down and deferred purchases affect store traffic 1.
Trends
- Deferred furniture purchasesheadwind
Consumers postpone buying home furnishings, which they treat as discretionary, and existing products last longer 1. If this persists, store traffic and basket value could remain under pressure 1.
- Trading downheadwind
Customers shift part of their spending to discount retailers or basic products, at the expense of decoration specialists, which could reduce share in the mid-range segment 1.
- Omnichannel and online shoppingmixed
Customers buy online more often, and the company presents the integration of physical and digital channels as an advantage over competitors 1. If the relaunch of site conversion succeeds, online growth could offset pressure in stores 1.
- Responsible consumption and reusetailwind
Demand for responsible offers is rising, and the Seconde Chance programme extends product lifespans and answers this demand at accessible prices 1.
Competitive position
The company identifies competitors in three groups: specialist furniture and decoration retailers, general stores that also sell decorative items, and e-commerce pure players or social platforms extending into retail 1. The main risk is that rivals adopt aggressive pricing or large marketing campaigns 1.
The group says it responds by monitoring competitor prices, differentiating through own-brand products and its omnichannel strategy, where stores and the site complement each other 1. It also notes that new entrants with lower production costs could pressure prices and perceived value 1.
- Specialist furniture and decoration retailers
Direct competitors in the original and accessible segment, described by the company as focused on style and affordable prices 1.
- General stores with decoration ranges
Sell furniture and decorative items alongside other products and take part of customers' spending 1.
- E-commerce pure players
Compete on interface, online advertising, delivery options and click and collect services 1.
- Social platforms with marketplaces
Extend their offer into retail and can compete for traffic and product discovery 1.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202507 Jul 2026
- Annual report 202429 Apr 2025
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Maisons du Monde · 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.