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Prysmian SpA (PRY) Fair Value & Analysis

Industrials · IT · Market cap €38.4B · ISIN IT0004176001

What is Prysmian SpA really worth?

PS Prysmian SpA PRY · MI
Price€122.25
Fair Value€84.15
Upside−31.2%
Quality59/100

A solid business, but trading 45% above our fair value of €84.15.

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Strengths

Healthy Growth (revenue 5y +14.4 %/yr)
Moderate debt · generates free cash flow
Ranks above peers (9/15)

Risks

!Thin margins · 6.5% net margin
!Moderate moat 62/100
!Weak on dividend: 15 out of 100

For context

·0.74% dividend yield
Evidence: High Range €44.83 – €114.07

Fair value as of: Sep 2, 2026

From 26 valuation models · updated 2 days ago

Share price +0.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (€114.07). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€44.83 to €114.07) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

€156.90 €24.19 Fair Value €84.15 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 2, 2026.

How to read this chart

60‑month range €24.19 – €156.90 · fair‑value band €44.83 – €114.07 · the €122.25 price screens above the €84.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 2, 2026.

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Analysis

Prysmian SpA (PRY) currently trades at €122.25, while our model-based Fair Value estimate is €84.15, implying the stock looks roughly 45.3% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of €93.33 per share, and 1 of the 26 models we run sit above the €122.25 price. Bear case: the Dividend Discount group reads lowest at €13.16, and 25 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Prysmian SpA generated revenue of €20.6B at a net margin of 6.6%. Revenue grew 10.1% year over year. It earns a return on equity of 22.7%. Net debt stands at €2.8B. Fundamentals as of Sep 2, 2026

Our scenario range runs from €44.83 (bear case) to €114.07 (bull case); at €122.25, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 123% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −45% fair-value upside, at −31%, PRY screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly €2.58 per share, which is 3.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence €49.54 €93.33 €167.20 77
Growth DCF €49.46 €90.57 €158.66 75
EPV €46.86 €56.19 €64.35 74
All 26 models by family
DCF Models
FCF DCF best evidence €49.54 €93.33 €167.20 77
Owner Earnings €39.01 €74.94 €135.56 73
5Y Revenue Exit €49.78 €93.37 €151.87 70
5Y EBITDA Exit €63.04 €120.09 €190.73 73
5Y P/E Exit €52.17 €98.19 €149.76 69
10Y Revenue Exit €47.18 €88.24 €149.57 64
10Y EBITDA Exit €57.89 €107.57 €181.39 66
10Y P/E Exit €50.75 €91.72 €147.84 62
Earnings-Based
Graham-Dodd €29.55 €126.28 €172.50 64
Lynch FV €32.27 €46.11 €59.94 61
PEG = 1.0 €32.27 €46.11 €59.94 57
EPV €46.86 €56.19 €64.35 74
Dividend Discount
Gordon GGM €7.51 €15.61 €24.77 66
DDM Multi-Stage €7.51 €13.16 €16.39 66
Multiples
P/E Multiple €68.44 €91.26 €114.07 63
P/S Multiple €55.41 €73.88 €92.34 58
P/B Multiple €55.41 €73.88 €92.34 55
EV/EBIT €75.29 €103.43 €131.57 66
EV/EBITDA €76.98 €105.68 €134.38 67
EV/Revenue €51.12 €76.94 €102.77 53
Asset-Based
NCAV (Graham) €11.08 €14.84 €22.15 54
Growth DCF
Growth DCF €49.46 €90.57 €158.66 75
Rev-Margin DCF €49.78 €92.40 €146.01 71
Economic Profit
Residual Income €28.90 €39.30 €175.83 64
ROIC Compounder €53.69 €74.92 €102.47 71
Growth Earnings
Growth-Adj P/E €54.21 €77.45 €100.68 67

Widest divergence: DCF Models (€93.33) versus Dividend Discount (€13.16). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 30.9 as of Jun 16, 2026
P/S ratio 2.00 P/E × margin
EPS (TTM) €4.71 price ÷ EPS = P/E 30.9
Dividend yield 0.7% payout 19.1%
Net margin 6.5% FY2025
Return on equity 22.7% TTM
More key figures
Profitability
Return on assets (EBIT) 7.0% avg 5y
Operating margin 7.8% TTM
Growth
Revenue (TTM) €20.6B TTM
Revenue growth (YoY) +10.1% 3y avg +6.9%
EPS growth (YoY) +53.4%
Balance sheet & cash flow
Free cash flow €1.4B FY2025
Net debt €2.8B FY2025 · ≈ 2.0 yrs of FCF

Figures from reported company fundamentals · as of Sep 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 67

Profitability 59
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 69
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Transmission, Power Grid, Electrification, and Digital Solutions.

Full company description

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Transmission, Power Grid, Electrification, and Digital Solutions. The company offers high voltage direct current (HVDC), network component high voltage, submarine power, submarine telecom, offshore specialties, and EOSS high voltage units. It also provides power distribution, overhead lines, high voltage alternate current (HVAC), network component medium voltage/low voltage, EOSS medium voltage/low voltage units. In addition, it offers electrification products; and fiber optics, optical cables, connectivity components and accessories, optical ground wire cables, and copper cables. Further, it manufactures and sells thermoplastic and metal enclosures. Prysmian S.p.A. was founded in 1879 and is headquartered in Milan, Italy.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Prysmian SpA reported revenue of €19.7B in FY2025 versus €12.7B in FY2021, a compound +11.5%/yr. Reported net income was €1.3B in FY2025, compounding +42.5%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€19.7B
Latest YoY
+15.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.9%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.4%
Avg. revenue growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.4%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+32.6% (31.9 + 0.7)
Revenue +11.5%/yr
FY21 €12.7B
FY22 €16.1B
FY23 €15.4B
FY24 €17.0B
FY25 €19.7B
Net income +42.5%/yr
FY21 €308M
FY22 €504M
FY23 €529M
FY24 €729M
FY25 €1.3B
Character of growth · EPS growth decomposed (2012-2023) +10.7 % p.a.
Revenue per share +5.4 %

of which total revenue +8.1 % · buybacks/dilution −2.4 %

EBIT margin +1.7 %
Tax rate +0.0 %
Residual (interest, one-offs) +3.2 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

PRY screens 45% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Prysmian SpA Fair Value". https://www.fairvalue-calculator.com/stock/PRY

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Electrical Equipment & Parts · 542 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −31% · Above median
Return on equity (TTM) 22% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 23% · Above median
Dividend yield (TTM) 0.7% · Below median
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 30.9× · Cheaper than median
P/B 6.89× · Pricier than 75% of peers
P/S (TTM) 2.05× · Pricier than median
P/FCF 32.5× · Pricier than 75% of peers
EV/EBITDA 18.2× · Pricier than median
PEG 0.62× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 56
PAST89 · sector 26
HEALTH64 · sector 97
DIVIDEND15 · sector 23

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 −40%
ABB Ltd ABBN CHF 80.10 CHF 28.70 −64%
Delta Electronics (Thailand) Public Company TDED 10.40 SGD 1.47 SGD −86%
Vertiv Holdings VRT $257.08 $63.13 −75%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW −45%
Legrand SA LR €139.65 €78.82 −44%
Sungrow Power Supply Co 300274 ¥86.40 ¥123.83 +43%
Hubbell Incorporated HUBB $443.31 $285.77 −36%
Shenzhen Inovance Technology Co 300124 ¥61.07 ¥33.04 −46%
nVent Electric plc NVT $151.98 $40.68 −73%

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Frequently asked questions

Is Prysmian SpA (PRY) overvalued or undervalued?
As of Sep 2, 2026, our model estimates a fair value of €84.15 versus a price of €122.25, about −31% upside (overvalued).
What is the fair value of PRY?
Our model-based fair value for Prysmian SpA is €84.15 (as of Sep 2, 2026), built from audited fundamentals. The current price: €122.25.
What is the quality score of PRY?
Prysmian SpA has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Prysmian SpA (PRY)?
Prysmian SpA reported trailing-twelve-month revenue of about €20.6B (latest available figure, as of Sep 2, 2026).
What is the net profit margin of PRY?
The net profit margin of Prysmian SpA is about 6.6%, meaning it keeps roughly 6.6% of revenue as net income. Based on the latest reported figures.
Does Prysmian SpA pay a dividend?
Prysmian SpA currently shows a dividend yield of about 0.74% relative to its recent price (as of Sep 2, 2026).
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