(ERF) Eurofins Scientific SE - PA
Sector: Healthcare | Industry: Diagnostics & Research | Exchange: PA (France) | Market Cap: 10.840m EUR | Total Return: 7.9% in 12m
Avg Turnover: 21.1M
EPS Trend: -10.6%
Rev. Trend: 68.4%
Qual. Beats: 0
Warnings
Beneish M-Score -0.21 > -1.5 - likely earnings manipulation
Choppy
Tailwinds
No distinct edge detected
Eurofins Scientific SE (PA: ERF) is a Luxembourg-headquartered provider of analytical testing and laboratory services operating a global network of laboratories. Founded in 1987, the company serves clients across multiple end markets through service lines that include agroscience, agro testing, biopharma, clinical diagnostics, consumer product testing, cosmetics and personal care, electrical and electronics, environment testing, food and feed testing, forensic, genomic, materials and engineering, maritime, and sensory/consumer research, as well as REACH services and in vitro diagnostics.
The business model is built on fee-for-service testing, audits, certifications, and laboratory insourcing solutions sold to regulated industries such as pharmaceuticals, food producers, environmental agencies, and consumer goods manufacturers, which gives the group a contract-based, recurring revenue profile. Eurofins is classified under the GICS Health Care sector and Biotechnology sub-industry, and is a large-cap stock with a market capitalisation of approximately $12.4 billion.
- Food and feed testing demand grows on tightening safety regulations
- Operating margin expansion from network optimization and lab consolidation
- Biopharma and clinical diagnostics acquisitions drive revenue diversification
| Net Income: 475.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.55 > 1.0 |
| NWC/Revenue: 3.06% < 20% (prev 4.92%; Δ -1.86% < -1%) |
| CFO/TA 0.12 > 3% & CFO 1.29b > Net Income 475.0m |
| Net Debt (5.08b) to EBITDA (1.10b): 4.61 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (187.0m) vs 12m ago -4.20% < -2% |
| Gross Margin: 16.38% > 18% (prev 67.79%; Δ -51.41% > 0.5%) |
| Asset Turnover: 66.71% > 50% (prev 63.84%; Δ 2.87% > 0%) |
| Interest Coverage Ratio: 3.96 > 6 (EBIT TTM 657.4m / Interest Expense TTM 166.0m) |
| A: 0.02 (Total Current Assets 2.65b - Total Current Liabilities 2.43b) / Total Assets 11.0b |
| B: 0.28 (Retained Earnings 3.02b / Total Assets 11.0b) |
| C: 0.06 (EBIT TTM 657.4m / Avg Total Assets 10.9b) |
| D: 0.48 (Book Value of Equity 3.54b / Total Liabilities 7.40b) |
| Altman-Z'' = 1.94 = BBB |
| DSRI: 0.97 (Receivables 1.54b/1.51b, Revenue 7.30b/6.95b) |
| GMI: 4.14 (GM 67.79% / 16.38%) |
| AQI: 0.94 (AQ_t 0.51 / AQ_t-1 0.54) |
| SGI: 1.05 (Revenue 7.30b / 6.95b) |
| TATA: -0.07 (NI 475.0m - CFO 1.29b) / TA 11.0b) |
| Beneish M = -0.21 (Cap -4..+1) = D |
As of June 23, 2026, the stock is trading at EUR 63.48 with a total of 313,305 shares traded. Over the past week, the price has changed by +0.16%, over one month by +1.44%, over three months by +5.71% and over the past year by +7.92%.
Current recommended Stop Loss: 61.80 (which is 2.6% or 1.2 ATR below the current price).
Eurofins Scientific SE has no consensus analysts rating.
P/E Trailing = 24.5176
P/E Forward = 15.6006
P/S = 1.4857
P/B = 2.3858
P/EG = 0.9519
Revenue TTM = 7.30b EUR
EBIT TTM = 657.4m EUR
EBITDA TTM = 1.10b EUR
Long Term Debt = 3.71b EUR (from longTermDebt, last quarter)
Short Term Debt = 726.7m EUR (from shortTermDebt, last quarter)
Debt = 5.87b EUR (from shortLongTermDebtTotal, last quarter) + Leases 435.9m
Net Debt = 5.08b EUR (calculated: Debt 5.87b - CCE 791.0m)
Enterprise Value = 15.9b EUR (10.8b + Debt 5.87b - CCE 791.0m)
Interest Coverage Ratio = 3.96 (Ebit TTM 657.4m / Interest Expense TTM 166.0m)
EV/FCF = 39.46x (Enterprise Value 15.9b / FCF TTM 403.4m)
FCF Yield = 2.53% (FCF TTM 403.4m / Enterprise Value 15.9b)
FCF Margin = 5.53% (FCF TTM 403.4m / Revenue TTM 7.30b)
Net Margin = 6.51% (Net Income TTM 475.0m / Revenue TTM 7.30b)
Gross Margin = 16.38% ((Revenue TTM 7.30b - Cost of Revenue TTM 6.10b) / Revenue TTM)
Gross Margin QoQ = 10.45% (prev 22.43%)
Tobins Q-Ratio = 1.45 (Enterprise Value 15.9b / Total Assets 11.0b)
Interest Expense / Debt = 2.83% (Interest Expense 166.0m / Debt 5.87b)
Taxrate = 27.69% (181.1m / 654.1m)
NOPAT = 475.4m (EBIT 657.4m * (1 - 27.69%))
Current Ratio = 1.09 (Total Current Assets 2.65b / Total Current Liabilities 2.43b)
Debt / Equity = 1.66 (Debt 5.87b / totalStockholderEquity, last quarter 3.54b)
Debt / EBITDA = 4.61 (Net Debt 5.08b / EBITDA 1.10b)
Debt / FCF = 12.59 (Net Debt 5.08b / FCF TTM 403.4m)
Total Stockholder Equity = 4.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.34% (Net Income 475.0m / Total Assets 11.0b)
RoE = 10.13% (Net Income TTM 475.0m / Total Stockholder Equity 4.69b)
RoCE = 7.83% (EBIT 657.4m / Capital Employed (Equity 4.69b + L.T.Debt 3.71b))
RoIC = 5.33% (NOPAT 475.4m / Invested Capital 8.92b)
WACC = 4.97% (E(10.8b)/V(16.7b) * Re(6.56%) + D(5.87b)/V(16.7b) * Rd(2.83%) * (1-Tc(0.28)))
Discount Rate = 6.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -84.11 | Cagr: -2.50%
[DCF] Terminal Value 73.10% ; FCFF base≈556.6m ; Y1≈488.1m ; Y5≈394.3m
[DCF] Fair Price = 7.23 (EV 6.33b - Net Debt 5.08b = Equity 1.25b / Shares 173.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -10.59 | EPS CAGR: -1.50% | SUE: N/A | # QB: 0
Revenue Correlation: 68.40 | Revenue CAGR: 9.58% | SUE: -0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=3.99 | Chg30d=-0.08% | Revisions=-60% | GrowthEPS=+2.7% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=4.65 | Chg30d=-0.03% | Revisions=-45% | GrowthEPS=+16.6% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: -60%