Is Elis (ENXTPA:ELIS) Still Undervalued After Its Multi‑Year Share Price Run?

Elis (ENXTPA:ELIS) has been quietly rewarding patient investors, with the share price up around 27% over the past year and nearly doubling over five years, even after a recent month-long pullback.

See our latest analysis for Elis.

The recent 3.1% one month share price pullback looks more like a pause than a reversal, given Elis’s stronger year to date share price return and solid multi year total shareholder returns, which together suggest that momentum is still broadly intact.

If Elis’s steady compounding appeals to you, it could be worth seeing what else fits that profile by exploring stable growth stocks screener (None results).

Yet with analysts seeing upside to the current share price and valuation models hinting at a discount, investors must ask: is Elis still quietly undervalued, or is the market already pricing in its future growth?

Most Popular Narrative Narrative: 14% Undervalued

With Elis last closing at €23.66 against a narrative fair value near €27.53, the story leans toward upside potential grounded in long term earnings growth.

Productivity gains from investments in operational digitalisation, automation, logistics, and energy efficiency are structurally improving EBITDA margins, with further margin improvement expected as these efforts scale across geographies, benefitting future earnings.

Read the complete narrative.

Want to unpack why modest revenue growth assumptions still support a richer future earnings multiple than today? The narrative hinges on expanding margins, disciplined buybacks, and a valuation reset that might surprise you when you see the full numbers.

Result: Fair Value of $27.53 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, sustained margin pressure in Latin America and a sharper than expected downturn in hospitality demand could quickly challenge this upbeat valuation narrative.

Find out about the key risks to this Elis narrative.

Build Your Own Elis Narrative

If you see the story differently or prefer to dive into the numbers yourself, you can build a personalised view in just minutes at Do it your way.

A great starting point for your Elis research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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