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EL.PA · Intrinsic value

Is EssilorLuxottica Société anonyme (EL.PA) overvalued or undervalued?

EssilorLuxottica Société anonyme (EL.PA) trades at the delayed market price of €152.05 a share. That price already implies revenue growth of 4.8% a year for 5 years. TickerWorth's fair value is €137.17 a share (priced within our range of €81.90 – €206.87). We do not call it over- or undervalued from inside our range.

Model by · generated from market data · Updated Oct 19, 2026 · How these pages are made

Is EL.PA fairly valued?

Live data unavailable
Showing the last price we hold for this listing, recorded 2026-10-19 15:55 UTC (4 hours ago).
Fair value
€137.17
Market price
€152.05
Downside to fair value
9.8%
Verdict
Priced within our range of €81.90 – €206.87
Price as of · Prices are delayed.
Fair value against the delayed market price: Priced within our range of €81.90 – €206.87.

Reverse DCF: Today's price implies revenue growth of 4.8% a year for 5 years; our model assumes 4.8% a year on average over the same horizon.

What is EL.PA's TickerWorth Score?

D42/100

Scores lower than most companies we compare it with

Compared with Healthcare companies in Europe

Its strongest point: growing quickly. Its weakest: recent price trend has been weak.

  • Value · 42 of 100

    Cheaper than 42% of Healthcare companies in Europe

  • Price vs worth · 39 of 100
  • Quality · 49 of 100

    More profitable than 49% of Healthcare companies in Europe

  • Financial health · 40 of 100

    Financially stronger than 40% of Healthcare companies in Europe

  • Growth · 56 of 100

    Growing faster than 56% of Healthcare companies in Europe

  • Momentum · 18 of 100

    Outperformed 18% of Healthcare companies in Europe over the past year

Confidence: Medium confidence · Scored

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EL.PA DCF valuation, input by input

TickerWorth's fair value for EssilorLuxottica Société anonyme (EL.PA) is €137.17 a share, against the delayed market price of €152.05 (priced within our range of €81.90 – €206.87). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.

Read the full reasoning

One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values EL.PA at about €147.25 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.

The valuation discounts EssilorLuxottica Société anonyme's projected free cash flows at a weighted-average cost of capital (WACC) of 7.5%, with a long-run terminal growth rate of 2.5%. About 79% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.

Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 4.8% annual revenue growth for EL.PA. Our base case instead compounds to about 4.8% a year over the same forecast, so the market's implied growth is broadly in line with our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.

Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, EL.PA's modeled DCF value ranges from about €92.02 to €311.92 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.

How to read this page: the DCF fair value is what EssilorLuxottica Société anonyme would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of EL.PA's intrinsic value. Figures update as new filings and prices come in.

Every input behind EL.PA's DCF

InputValue
Base-year revenueLive feed — totalRevenue (TTM)€29,285,000,000
Base EBIT marginComputed — trailing operatingMargins, held roughly flat15.4%
Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast6% → 5% → 5% → 4% → 4%
Risk-free rateLive feed — US 10-year Treasury yield (^TNX)5.2%
BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5)0.57
Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC2.5%
Diluted sharesLive feed — sharesOutstanding458M
Market priceLast known price · as of 2026-10-19 20:14 UTC€152.05

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What does EssilorLuxottica Société anonyme do?

What does it do?

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and instruments and equipment in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific. It offers lens, eyewear, contact lenses, reading glasses under Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir Optical, eyexpert, iWear, Humanware, Optifog, Persol, Oliver Peoples, Vogue Eyewear, Arnette, Alain Mikli, Costa, Bliz, Native Eyewear and Bolon, and Foster Grant brands. It operates in the Medical Instruments & Supplies industry (Healthcare sector), headquartered in France. The company employs roughly 213,909 people.

How does it make money?

The business turns 29.3B in annual revenue into profit. Out of every $100 of sales, about $15 is left as operating profit (operating margin of 15.4%), after a 60% gross margin on the products/services it sells. After all costs, taxes and interest, 8.5% of revenue becomes bottom-line net profit.

Is it financially healthy?

Financially it looks stretched: carries modest debt (0.4× equity), may struggle to cover its short-term bills (0.9× current ratio), and is currently profitable.

EL.PA insider trading

Insider filings are available for US-listed companies only.

Common questions

  • What is EL.PA's intrinsic value?

    TickerWorth's blended fair value for EssilorLuxottica Société anonyme (EL.PA) is €137.17 per share, versus a market price of €152.05 (priced within our range of €81.90 – €206.87).

  • Is EL.PA overvalued or undervalued?

    Priced within our range of €81.90 – €206.87 at €152.05. We don't call EL.PA overvalued or undervalued from a range. This is an educational estimate, not advice.

  • What discount rate is used for EL.PA?

    A WACC of 7.5% and a terminal growth rate of 2.5%.

  • Is EssilorLuxottica Société anonyme stock undervalued?

    TickerWorth's fair value for EssilorLuxottica Société anonyme (EL.PA) is €137.17 against a market price of €152.05. Our read: Priced within our range of €81.90 – €206.87. This is a model estimate, not investment advice.

  • EssilorLuxottica Société anonyme (EL.PA) DCF valuation and fair value

    Our fair value for EssilorLuxottica Société anonyme (EL.PA) is €137.17, built on a 7.5% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.

  • What growth is priced into EssilorLuxottica Société anonyme stock?

    Today's price implies revenue growth of 4.8% a year for 5 years; our model assumes 4.8% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of €152.05. A model estimate, not investment advice.

  • EssilorLuxottica Société anonyme (EL.PA) insider trading

    We have no recent SEC Form 4 insider filings on file for EssilorLuxottica Société anonyme (EL.PA). Form 4 covers US-listed companies only.

Not investment advice. TickerWorth Score is a model output.

Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.