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STOCK COMPARISON

EssilorLuxottica S. A. vs Marico: Fair Value & Quality

Both stocks run through our valuation models. Here is how EssilorLuxottica S. A. (EL) and Marico (MARICO) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees EssilorLuxottica S. A. as the less overvalued of the two: EssilorLuxottica S. A. trades at €150 versus a fair value of €94.93 (-37%), while Marico trades at ₹815 versus ₹233 (-71%).
EssilorLuxottica S. A.
EL.PA · EUR · Health Care
-37%
upside to fair value
overvalued
Price€150
Fair Value€94.93
Quality63/100
Marico
MARICO.NSE · INR · Consumer Staples
-71%
upside to fair value
overvalued
Price₹815
Fair Value₹233
Quality72/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

EssilorLuxottica S. A.Marico
Valuation
29.4×P/E (TTM)62.9×
3.21×P/S (TTM)8.12×
2.35×P/B26.24×
17.0×EV/EBITDA47.2×
1.65×PEG1.02×
−36.6%Fair value upside−71.4%
2.7%Dividend yield0.5%
€4.00Dividend per share₹4.00
Profitability
10%Operating margin14%
2.36×EBIT margin trend (5Y)0.86×
6%Return on equity41%
3%Return on assets14%
Growth
9%Revenue growth (YoY)22%
5.2%Avg. growth/yr (3Y)12.0%
14.6%Avg. growth/yr (5Y)11.2%
+18.0%Value creation/yr+9.0%
Balance & size
14.1×Interest coverage (EBIT/interest)40.1×
0.18×Debt / equity
$92BMarket cap$12B
healthyGrowth qualityhealthy
Valuation multiples (P/E, P/S, P/B, EV/EBITDA) are shown but not scored here: the two companies sit in different sectors, and multiples only compare fairly between similar business models. PEG stays scored, as it relates the P/E to growth.

Even match: 5 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

EssilorLuxottica S. A.of which business quality 63 · market factors 29 Maricoof which business quality 72 · market factors 65
ProfitabilityMargins and returns on capital today
37
89
Quality GrowthAre margins and returns improving?
42
46
CashflowEarnings quality: real cash, not paper profit
72
61
Fin. StrengthBalance sheet, leverage, solvency risk
75
74
InvestmentDisciplined investing over empire-building
89
72
Low VolatilityCalm price path (market factor)
80
97
MomentumPrice trend over the last 3–12 months (market factor)
12
48
52W MomentumDistance to the 52-week high (market factor)
0
57
Net IssuanceBuybacks instead of dilution
70
83

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyEssilorLuxottica S. A.Price €150MaricoPrice ₹815
DCF Models+9%close to the price€163-63%below the price₹305
Earnings-Based-60%below the price€59.74-81%below the price₹153
Dividend Discount-86%below the price€20.94-84%below the price₹134
Multiples-34%below the price€99.39-74%below the price₹208
Asset-Based-62%below the price€56.69-97%below the price₹21.77
Growth DCF0%close to the price€150-66%below the price₹274
Economic Profit-58%below the price€62.21-81%below the price₹158
Growth Earnings-35%below the price€97.85-69%below the price₹249
Minimum-86%below the price€20.94-97%below the price₹21.77
Maximum+9%close to the price€163-63%below the price₹305
Median-47%below the price€80.03-78%below the price₹183
Geometric mean-50%below the price€75.48-81%below the price₹153

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

EssilorLuxottica S. A.: 19 of 26 models see the stock below the current price.

Marico: 26 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

EssilorLuxottica S. A.
Bear €67.19Fair Value €94.93Bull €126
€150 = current price (white tick)
Marico
Bear ₹160Fair Value ₹233Bull ₹324
₹815 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

EssilorLuxottica S. A. · Health Care

Quality score63 · Top 25%
Fair value upside-37% · below median

Marico · Consumer Staples

Quality score72 · Top 25%
Fair value upside-71% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees EssilorLuxottica S. A. as the less overvalued of the two: EssilorLuxottica S. A. trades at €150 versus a fair value of €94.93 (-37%), while Marico trades at ₹815 versus ₹233 (-71%).

Marico has the higher quality score (72/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.