
15.88 EUR (+7.0%)
14 analysts
What does it do?
Pluxee is a provider of employee benefits and engagement solutions (meal vouchers, gift cards, and wellbeing platforms) operating mainly in Europe, with a high-margin, recurring platform business model.
Listed on Euronext París · Symbol PLX.PA · EPA: PLX · Currency EUR
Key points
from its scores- ✓Attractive valuation8.8
- ✓High-quality business7.9
- !Moderate growth5.7
- !Weak share-price trend5.7
AI analysis
bottom line, main risk, context and newsThe combination of low valuation and high quality offers a favorable risk/reward profile, although limited organic growth suggests waiting for a better entry point for an aggressive position.
Pluxee combines a very attractive valuation (P/E 10.52, EV/EBITDA 1.97, FCF yield 18.75%) with exceptional quality (ROE 50.67%, ROIC 21.42%) and a net cash balance sheet (Net Debt/EBITDA -2.72), although its revenue growth is moderate (3.20%).
The main risk is the reliance on moderate organic growth (3.20%) in a mature and competitive employee benefits market, where expansion depends on digital adoption and the renewal of contracts with large corporate clients.
Context and risks
Pluxee operates in the employee benefits and vouchers sector, a defensive consumer business with high margins and low sensitivity to interest rates or commodities. Its balance sheet shows net cash, so the rise in long-term rates does not materially affect it. There is no relevant exposure to shipping routes or specific regulatory risks beyond those inherent to the sector.
Is Pluxee stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 72% below the Industrials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 10.5 | 25.4 | −59% |
| EV / EBITDA | 2.0 | 14.5 | −86% |
| Price / book | 5.3 | 4.1 | +31% |
| Price / sales | 1.6 | 2.1 | −24% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 8.8 out of 10 (median for Industrials: 5.0).
Average analyst target: 15.88 EUR, +7.0% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 6.9 (sector 6.4), Growth 5.7 (sector 6.6).
Classic formulas with standard assumptions (8.4% 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 Industrials medianValuation
- P/E
- 10.5
- Forward P/E
- 9.7
- EV / EBITDA
- 2.0
- Price / book
- 5.3
- Price / sales
- 1.6
- PEG
- 0.88
- Market cap
- 2.0B EUR
- Enterprise value
- 917.7M EUR
Profitability
- ROE
- 50.7%
- ROA
- 3.5%
- ROIC (approx.)
- 21.4%
- Gross margin
- 37.4%
- Operating margin
- 27.5%
- Net margin
- 15.7%
- Free cash flow
- 382.2M EUR
- FCF yield
- 18.7%
- Cash conversion
- 82%
Solvency
- Total debt
- 1.3B EUR
- Net debt
- −1.3B EUR
- Cash
- 2.6B EUR
- EBITDA
- 465.0M EUR
- Net debt / EBITDA
- −2.72
- Debt / equity
- 263.88
- Current ratio
- 1.04
- Quick ratio
- 0.86
Growth
- Revenue growth
- +3.2%
- Earnings growth
- +11.0%
- EPS (TTM)
- 1.41 EUR
- EPS (forward)
- 1.53 EUR
Dividend
- Dividend yield
- 2.6%
- Payout
- 27.0%
Risk and market
- Beta
- 0.77
- Analyst consensus
- Hold (14)
- Target price
- 15.88 EUR
- 52-week range
- 9.90 – 17.93
Recent news
All PLX.PA news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Pluxee
Is Pluxee stock cheap or expensive?
On P/E and EV / EBITDA, it trades 72% below the Industrials median on average. Valuation score: 8.8 out of 10 (median for Industrials: 5.0). Average analyst target: 15.88 EUR, +7.0% versus the price. This is not investment advice.
What score does Pluxee get on MeridIAn Screener?
It scores 7.3 out of 10, rank 100 of 2,130 (better than 95% of the companies analysed). Its strongest category is Valuation (8.8) and its weakest, Growth (5.7). Analysis of 08/10/2026.
What is Pluxee's P/E ratio?
Its P/E is 10.5: the share price equals 10.5 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 9.7.
How much is Pluxee worth on the stock market?
Its market capitalisation is 2.0B EUR and its enterprise value, debt included, is 917.7M EUR.
How much debt does Pluxee have?
It has more cash than debt: net cash of 1.3B EUR.
Does Pluxee pay a dividend?
Yes: its dividend yield is 2.56% and it pays out 27% of its earnings.
How has Pluxee stock performed over the last year?
It has risen 0.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 9.90 and 17.93 EUR. Past performance does not guarantee future results.
What do analysts think of Pluxee?
14 analysts cover it; their average recommendation is “Hold” and their average target is 15.88 EUR (+7.0% versus the price). It is an estimate, not market data.
