Edenred EDEN.PA
Edenred is a French payment services company that issues meal vouchers and employee benefit management solutions, as well as corporate payment cards. Edenred shows excellent operational quality with a 32.04% operating margin, but its growth is weak (revenue +1.5%, earnings -6.3%) and valuation is average (P/E 13.45). The 4.80% dividend is attractive, but regulatory risk in its meal voucher business is a drag.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Edenred is a French payment services company that issues meal vouchers and employee benefit management solutions, as well as corporate payment cards. Edenred shows excellent operational quality with a 32.04% operating margin, but its growth is weak (revenue +1.5%, earnings -6.3%) and valuation is average (P/E 13.45). The 4.80% dividend is attractive, but regulatory risk in its meal voucher business is a drag.
Score by category
| Category | Score |
|---|---|
| Financial health | 4.8 |
| Quality / Moat | 8.0 |
| Valuation | 5.2 |
| Growth | 3.9 |
| Dividend | 8.1 |
| Momentum | 9.2 |
| Risk & Context | 6.6 |
OVERALL SCORE: 6.4/10
Context and risks
Edenred operates in a payment services sector subject to regulation in multiple jurisdictions. Mentions of 'regulatory challenges' in the H1 2026 earnings call and a history of regulatory pressure in markets like France and Italy on meal voucher commissions justify a moderate penalty for regulatory risk.
News considered in the analysis
- Edenred SE (EDNMF) (H1 2026) Earnings Call Highlights: Navigating Regulatory Challenges and ... — Los resultados de H1 2026 mencionan desafíos regulatorios, un riesgo conocido para el modelo de vales de comida, pero sin cuantificar el impacto.
- How The Edenred (ENXTPA:EDEN) Investment Story Is Evolving With An Unchanged Analyst View — Artículo de análisis sin información nueva; la visión del analista no cambia.
- Should Value Investors Buy EDENRED (EDNMY) Stock? — Listículo genérico de valoración sin información específica nueva.
- Are Investors Undervaluing EDENRED (EDNMY) Right Now? — Listículo genérico de valoración sin información específica nueva.
- Edenred SE (EDNMF) (FY 2025) Earnings Call Highlights: Strong Financial Performance Amid ... — Resultados de 2025 ya publicados y descontados; el crecimiento de ingresos del 1.5% y la caída de beneficios del -6.3% ya están en el precio.
Verdict: Hold; quality and dividend offset low growth, but regulatory risk limits upside potential.
Main risk: The main risk is regulatory pressure on meal voucher commissions in its key markets (France, Italy, Brazil), which could compress its margins and future growth.
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