Wendel MF.PA
FranceFinancial Services · Asset ManagementEuronext París · EUR
106.17 EUR (+35.3%)
6 analysts
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Wendel is a French investment holding company that holds stakes in leading companies across various sectors, seeking to create long-term value through active management and development of its subsidiaries.
Listed on Euronext París · Symbol MF.PA · EPA: MF · Currency EUR
Key points
from its scores- ✓Strong growth7.6
- ✕Little competitive advantage3.2
- ✕Unfavourable risk and backdrop4.0
- ✕Fragile balance sheet4.7
AI analysis
bottom line, main risk, context and newsHold, given the discount to assets and the dividend, but watch the sustainability of the payout and the governance of the holding.
Wendel presents a mixed profile: its financial health is moderate (ROE 8.02%), the quality of its moat is limited (negative net margin), but its valuation is reasonable (PER 15.61) and it offers an attractive dividend (6.50% net), albeit with an unsustainable payout. Earnings growth is an accounting mirage typical of a holding company.
The main risk is the holding structure: accounting profit and cash flow are noise, and value creation depends on Wendel's ability to rotate its portfolio and generate capital gains, which is uncertain in a high-rate environment.
Context and risks
Wendel is an investment holding company based in France, a country with elevated governance risk according to the assigned profile. Although its holdings are global, the corporate structure and protection of minority shareholders in France, together with the nature of the investment vehicle, justify a penalty for governance and holding structure risk.
Is Wendel stock cheap or expensive?
at the analysis dateOn Price / book, it trades 47% below the Financial Services median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 8.6 | 10.1 | −14% |
| Price / book | 1.0 | 1.9 | −47% |
| Price / sales | 0.4 | 3.5 | −89% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.0 out of 10 (median for Financial Services: 5.2).
Average analyst target: 106.17 EUR, +35.3% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 4.7 (sector 5.5), Growth 7.6 (sector 6.9).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- Forward P/E
- 15.6
- EV / EBITDA
- 8.6
- Price / book
- 1.0
- Price / sales
- 0.4
- PEG
- 0.78
- Market cap
- 3.0B EUR
- Enterprise value
- 9.1B EUR
Profitability
- ROE
- 8.0%
- ROA
- 3.8%
- ROIC (approx.)
- 11.4%
- Gross margin
- 11.6%
- Operating margin
- 12.6%
- Net margin
- −1.1%
- Free cash flow
- −353.0M EUR
- FCF yield
- −11.6%
- Cash conversion
- −33%
Solvency
- Total debt
- 5.6B EUR
- Net debt
- 4.2B EUR
- Cash
- 1.5B EUR
- EBITDA
- 1.1B EUR
- Net debt / EBITDA
- 3.95
- Debt / equity
- 113.44
- Current ratio
- 1.38
- Quick ratio
- 0.85
Growth
- Revenue growth
- +3.2%
- Earnings growth
- +1,570.0%
- EPS (TTM)
- −2.36 EUR
- EPS (forward)
- 5.03 EUR
Dividend
- Dividend yield
- 6.5%
- Payout
- 563.4%
Risk and market
- Beta
- 1.03
- Analyst consensus
- Buy (6)
- Target price
- 106.17 EUR
- 52-week range
- 72.35 – 91.65
Recent news
All MF.PA news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Wendel
Is Wendel stock cheap or expensive?
On Price / book, it trades 47% below the Financial Services median. Valuation score: 5.0 out of 10 (median for Financial Services: 5.2). Average analyst target: 106.17 EUR, +35.3% versus the price. This is not investment advice.
What score does Wendel get on MeridIAn Screener?
It scores 4.7 out of 10, rank 1,819 of 2,130 (better than 14% of the companies analysed). Its strongest category is Growth (7.6) and its weakest, Quality / Moat (3.2). Analysis of 08/10/2026.
How much is Wendel worth on the stock market?
Its market capitalisation is 3.0B EUR.
Does Wendel pay a dividend?
Yes: its dividend yield is 6.50% and it pays out 563% of its earnings.
How has Wendel stock performed over the last year?
It has risen 1.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 72.35 and 91.65 EUR. Past performance does not guarantee future results.
What do analysts think of Wendel?
6 analysts cover it; their average recommendation is “Buy” and their average target is 106.17 EUR (+35.3% versus the price). It is an estimate, not market data.