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.
Fountain SA is a Belgian company that specializes in beverage solutions for workplaces and professional environments. The company focuses on the production and distribution of soluble powders and ingredients for hot and cold drinks, including coffee, tea, chocolate, soups, sodas, and juices, tailored for use in dispensing equipment. Fountain SA also designs and supplies a wide range of beverage vending machines, such as cartridge and automatic coffee machines, capsule systems, water fountains, and related accessories. Its offering targets businesses and institutional clients across several European countries, notably in France, Belgium, the Netherlands, and other parts of Europe, primarily through a network of subsidiaries and independent distributors. By combining machines, consumables, and servicing, Fountain SA positions itself as a comprehensive provider of office and on-site beverage solutions. Founded in 1972 and headquartered in Braine-l’Alleud, Belgium, the company operates within the industrial and consumer beverage equipment segment, serving the broader market for professional coffee and refreshment services.
€1.45
+€0.00 (+0.00%)
Price from 2 days ago
Operating margin is thin at 4.74%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 1.1%, essentially flat. Margins also contracted 1.0pp. This is a business that needs a catalyst.
ROIC dropped from 17.07% to 9.13%, capital efficiency is deteriorating.
10.3x earnings, 3.4x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€30M
▲ +1.1% YoY
Net Income (TTM)
€839K
▼ -49.3% YoY
Op. Margin
4.74%
▼ -1.0pp YoY
ROIC
9.13%
▼ -7.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€3M
▼ -0.5% YoY
Op. Cash Flow (TTM)
€3M
▲ +4.3% YoY
Net Debt
€5M
Cash & Equiv.
€1M
3Y CAGR: +7.2%
3Y CAGR: +31.8%
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At a P/E of 10.3 and a price-to-free-cash-flow of 3.4, Fountain SA (FOU.XBRU) trades below a two-stage DCF intrinsic value of about €20.72 per share, so at €1.45 the stock looks undervalued (1,329.2% 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, Fountain SA scores 73/100 on Intrinsiqq's quality scorecard (a solid 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 €20.72 per share for FOU.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 €15.54. At today's €1.45, that puts the stock about 1,329.2% 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.
Fountain SA scores 73 out of 100 on Intrinsiqq's quality score, passing 5 of 8 checks, which makes it a solid business on these measures. Recent fundamentals include a 4.7% operating margin and a 9.1% 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. FOU.XBRU currently trades below its estimated intrinsic value and scores 73/100 on quality (solid). 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.