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Econocom Group SEENXTBR:ECONB Stock Report

Market Cap €252.3m
Share Price
€1.55
€1.84
15.6% undervalued intrinsic discount
1Y-20.5%
7D3.3%
1D
Portfolio Value
View

Econocom Group SE

ENXTBR:ECONB Stock Report

Market Cap: €252.3m

Econocom Group (ECONB) Stock Overview

Designs and develops digital solutions for public and private companies in Belgium and internationally. More details

ECONB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends3/6

ECONB Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Econocom Group SE Competitors

Price History & Performance

Summary of share price highs, lows and changes for Econocom Group
Historical stock prices
Current Share Price€1.55
52 Week High€2.05
52 Week Low€1.39
Beta0.75
1 Month Change7.64%
3 Month Change1.31%
1 Year Change-20.51%
3 Year Change-43.74%
5 Year Change-54.21%
Change since IPO2,393.89%

Recent News & Updates

Narrative Update May 19

ECONB: Higher For Longer Rates Will Eventually Reward Execution And Capital Returns

Analysts have kept Econocom Group's fair value estimate broadly unchanged at about €1.84 per share, while slightly lifting the discount rate to 12.45% as they factor in higher-for-longer interest rate expectations following recent inflation data and central bank commentary. Analyst Commentary Recent macro research focuses heavily on higher inflation readings and a tougher backdrop for interest rate cuts, which feeds directly into the higher discount rate used for Econocom Group's valuation.
Narrative Update Apr 19

ECONB: Higher For Longer Fed Rates Will Eventually Reward Patience

Analysts have trimmed their fair value estimate for Econocom Group by €0.10 to €1.84. This reflects reduced revenue growth and profit margin assumptions, alongside a higher future P/E multiple, in a context where recent Fed commentary points to policy rates staying higher for longer than previously anticipated.
Narrative Update Apr 05

ECONB: Higher For Longer Rates Will Ultimately Support Current Bullish View

Analysts have kept their price target for Econocom Group steady at €1.94 per share, reflecting a largely unchanged view on fair value, discount rate and long term assumptions, in light of recent research pointing to a more cautious, higher-for-longer interest rate backdrop from major banks. Analyst Commentary Recent macro research from major banks highlights a more cautious view on the timing and extent of Federal Reserve rate cuts, which feeds directly into how analysts think about discount rates and long term cash flow assumptions for Econocom Group.

Recent updates

Narrative Update May 19

ECONB: Higher For Longer Rates Will Eventually Reward Execution And Capital Returns

Analysts have kept Econocom Group's fair value estimate broadly unchanged at about €1.84 per share, while slightly lifting the discount rate to 12.45% as they factor in higher-for-longer interest rate expectations following recent inflation data and central bank commentary. Analyst Commentary Recent macro research focuses heavily on higher inflation readings and a tougher backdrop for interest rate cuts, which feeds directly into the higher discount rate used for Econocom Group's valuation.
Narrative Update Apr 19

ECONB: Higher For Longer Fed Rates Will Eventually Reward Patience

Analysts have trimmed their fair value estimate for Econocom Group by €0.10 to €1.84. This reflects reduced revenue growth and profit margin assumptions, alongside a higher future P/E multiple, in a context where recent Fed commentary points to policy rates staying higher for longer than previously anticipated.
Narrative Update Apr 05

ECONB: Higher For Longer Rates Will Ultimately Support Current Bullish View

Analysts have kept their price target for Econocom Group steady at €1.94 per share, reflecting a largely unchanged view on fair value, discount rate and long term assumptions, in light of recent research pointing to a more cautious, higher-for-longer interest rate backdrop from major banks. Analyst Commentary Recent macro research from major banks highlights a more cautious view on the timing and extent of Federal Reserve rate cuts, which feeds directly into how analysts think about discount rates and long term cash flow assumptions for Econocom Group.
Narrative Update Mar 21

ECONB: Steady Fed Stance And Future Cuts Will Support Upside

Analysts have kept their Econocom Group price target unchanged at €1.94 per share, with recent research pointing to steady assumptions on growth, margins and P/E as they consider a slower path for potential central bank rate cuts highlighted by major Wall Street firms. Analyst Commentary Recent rate commentary from JPMorgan, Goldman Sachs and others is feeding into how analysts think about Econocom Group's valuation and execution risk at a €1.94 price target.
Narrative Update Mar 06

ECONB: Steady Fed Rates And 2026 Cuts Will Support Upside

Analysts have trimmed their price target for Econocom Group from about €2.06 to roughly €1.94. This reflects updated assumptions that combine slightly higher revenue growth forecasts with a modestly lower profit margin and a reduced future P/E multiple, while expecting central bank rates to stay on hold in the near term.
Narrative Update Feb 01

ECONB: Steady Fed Path And Possible Cuts Will Support Future Upside

Analysts have kept their price target for Econocom Group steady at €2.06, citing unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as they factor in a broadly steady interest rate backdrop discussed in recent Fed research. Analyst Commentary Analysts are using recent commentary from JPMorgan and Goldman Sachs on potential Fed rate moves as a backdrop for thinking about Econocom Group's valuation and execution risk.
Narrative Update Jan 18

ECONB: Fed Insurance Cuts And Softer CPI Will Support Future Upside

Analysts have reduced their fair value estimate for Econocom Group from €2.37 to €2.06, citing slightly softer projected revenue growth and margins, as well as a higher discount rate, as they reassess the stock in light of evolving Federal Reserve rate cut expectations. Analyst Commentary Recent JPMorgan commentary on Federal Reserve policy is a key input behind the revised fair value for Econocom Group, as rate expectations feed directly into discount rates and, by extension, equity valuation.
Analysis Article Apr 30

Econocom Group (EBR:ECONB) Is Reducing Its Dividend To €0.10

Econocom Group SE ( EBR:ECONB ) has announced that on 2nd of July, it will be paying a dividend of€0.10, which a...
Analysis Article Mar 07

We Think You Can Look Beyond Econocom Group's (EBR:ECONB) Lackluster Earnings

The market for Econocom Group SE's ( EBR:ECONB ) shares didn't move much after it posted weak earnings recently. We...
User avatar
New Narrative Feb 23

Expanding Sales Force And Integrating AI Will Improve Future Operational Efficiency

Strategic focus on organic growth and European-wide expansion aims to boost market presence, revenue, and margins by leveraging existing capabilities.
Analysis Article Aug 03

Econocom Group's (EBR:ECONB) Performance Is Even Better Than Its Earnings Suggest

Even though Econocom Group SE ( EBR:ECONB ) posted strong earnings, investors appeared to be underwhelmed. Our analysis...
Analysis Article Feb 17

Econocom Group SE (EBR:ECONB) Just Reported, And Analysts Assigned A €2.73 Price Target

The annual results for Econocom Group SE ( EBR:ECONB ) were released last week, making it a good time to revisit its...
Analysis Article Nov 18

Econocom Group (EBR:ECONB) Takes On Some Risk With Its Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 20

Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jul 29

Should You Investigate Econocom Group SE (EBR:ECONB) At €3.29?

While Econocom Group SE ( EBR:ECONB ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article Jun 15

The Returns At Econocom Group (EBR:ECONB) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article May 06

We Think Econocom Group (EBR:ECONB) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 06

Is It Too Late To Consider Buying Econocom Group SE (EBR:ECONB)?

While Econocom Group SE ( EBR:ECONB ) might not be the most widely known stock at the moment, it saw a double-digit...
Analysis Article Oct 21

Does Econocom Group (EBR:ECONB) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 06

What Is Econocom Group SE's (EBR:ECONB) Share Price Doing?

Econocom Group SE ( EBR:ECONB ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Aug 26

The Returns At Econocom Group (EBR:ECONB) Aren't Growing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Jun 24

Is There An Opportunity With Econocom Group SE's (EBR:ECONB) 44% Undervaluation?

Does the June share price for Econocom Group SE ( EBR:ECONB ) reflect what it's really worth? Today, we will estimate...
Analysis Article Jun 01

Is Econocom Group SE (EBR:ECONB) Potentially Undervalued?

Econocom Group SE ( EBR:ECONB ), is not the largest company out there, but it saw significant share price movement...
Analysis Article May 17

Econocom Group (EBR:ECONB) Hasn't Managed To Accelerate Its Returns

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article May 03

Here's Why Econocom Group (EBR:ECONB) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 20

What To Know Before Buying Econocom Group SE (EBR:ECONB) For Its Dividend

Could Econocom Group SE ( EBR:ECONB ) be an attractive dividend share to own for the long haul? Investors are often...
Analysis Article Mar 11

Should Econocom Group SE (EBR:ECONB) Focus On Improving This Fundamental Metric?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Analysis Article Feb 26

Is Now An Opportune Moment To Examine Econocom Group SE (EBR:ECONB)?

Econocom Group SE ( EBR:ECONB ), is not the largest company out there, but it saw a significant share price rise of...

Shareholder Returns

ECONBBE ITBE Market
7D3.3%2.0%2.5%
1Y-20.5%-10.3%21.5%

Return vs Industry: ECONB underperformed the Belgian IT industry which returned -9.7% over the past year.

Return vs Market: ECONB underperformed the Belgian Market which returned 22.4% over the past year.

Price Volatility

Is ECONB's price volatile compared to industry and market?
ECONB volatility
ECONB Average Weekly Movement4.4%
IT Industry Average Movement5.7%
Market Average Movement4.2%
10% most volatile stocks in BE Market7.2%
10% least volatile stocks in BE Market2.7%

Stable Share Price: ECONB has not had significant price volatility in the past 3 months compared to the Belgian market.

Volatility Over Time: ECONB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19828,339Angel Diazwww.econocom.com

Econocom Group SE designs and develops digital solutions for public and private companies in Belgium and internationally. It operates through Products & Solutions, Services, and Technology Management & Financing segments. The company engages in the sale of hardware and software products, such as PCs, tablets, servers, printers, licenses, digital objects, and systems integration.

Econocom Group SE Fundamentals Summary

How do Econocom Group's earnings and revenue compare to its market cap?
ECONB fundamental statistics
Market cap€252.28m
Earnings (TTM)€52.00m
Revenue (TTM)€2.92b
4.9x
P/E Ratio
0.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECONB income statement (TTM)
Revenue€2.92b
Cost of Revenue€2.62b
Gross Profit€304.80m
Other Expenses€252.80m
Earnings€52.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 23, 2026

Earnings per share (EPS)0.32
Gross Margin10.43%
Net Profit Margin1.78%
Debt/Equity Ratio120.2%

How did ECONB perform over the long term?

See historical performance and comparison

Dividends

3.2%
Current Dividend Yield
16%
Payout Ratio

Does ECONB pay a reliable dividends?

See ECONB dividend history and benchmarks
When do you need to buy ECONB by to receive an upcoming dividend?
Econocom Group dividend dates
Ex Dividend DateJun 30 2026
Dividend Pay DateJul 02 2026
Days until Ex dividend34 days
Days until Dividend pay date36 days

Does ECONB pay a reliable dividends?

See ECONB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 05:12
End of Day Share Price 2026/05/26 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Econocom Group SE is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David VagmanBNP Paribas
Mark GevensBNP Paribas
Charles-Edouard BoissyCIC Market Solutions (ESN)