Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
/
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Belysse Group NV is a leading manufacturer of sustainable textile floor coverings for commercial and residential applications. Headquartered in Waregem, Belgium, the company produces premium carpet tiles, broadloom carpets, and related packaging materials, sold under renowned brands including ITC, modulyss, arc edition, and Bentley. These products serve markets in Europe, North America, and over 100 countries worldwide, with a focus on innovative, high-quality solutions for offices, homes, and large-scale projects. Founded in 1964 and publicly listed on Euronext Brussels since 2017, Belysse Group NV employs approximately 980 people across manufacturing sites in Belgium and the United States, generating consolidated revenue of €280.4 million in 2024. As a subsidiary of LSF9 Belysse Holdco S.à r.l., it emphasizes sustainability through innovative processes, operational efficiency via lean strategies, and agility with digital initiatives under its BEYOND roadmap. Belysse Group NV, formerly Balta Group NV, plays a key role in the global home furnishings sector, particularly carpets and curtains, contributing to the cyclical consumer products market.
€0.55
+€0.00 (+0.73%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 5.54%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 9.3% YoY. Margins deteriorated 2.3pp alongside, both lines moving the wrong way.
Free cash flow declined 39% versus the prior year, cash generation momentum has weakened. ROIC dropped from 6.95% to 4.50%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€254M
▼ -9.3% YoY
Net Income (TTM)
-€7M
▼ -162.6% YoY
Op. Margin
5.54%
▼ -2.3pp YoY
ROIC
4.50%
▼ -2.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€18M
▼ -39.3% YoY
Op. Cash Flow (TTM)
€28M
▼ -28.2% YoY
Net Debt
€124M
Cash & Equiv.
€34M
3Y CAGR: -9.0%
3Y CAGR: +4.4%
Continue Research
Belysse Group NV (BELYS.XBRU) trades below a two-stage DCF intrinsic value of about €15.31 per share, so at €0.55 the stock looks undervalued (2,683.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Belysse Group NV scores 41/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €15.31 per share for BELYS.XBRU, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €11.48. At today's €0.55, that puts the stock about 2,683.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Belysse Group NV scores 41 out of 100 on Intrinsiqq's quality score, passing 2 of 7 checks, which makes it a mixed business on these measures. Recent fundamentals include a 5.5% operating margin and a 4.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. BELYS.XBRU currently trades below its estimated intrinsic value and scores 41/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.