| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 41.63 | -75 |
| Graham Formula | n/a |
Envea SA (formerly Environnement S.A.) is a leading French manufacturer of environmental monitoring and process optimization solutions, serving industries, laboratories, and government institutions globally. Founded in 1978 and headquartered in Poissy, France, Envea specializes in online monitoring technologies for emissions, ambient air quality, and industrial process control. The company offers a comprehensive portfolio, including gas and dust analyzers, particulate monitors, flow measurement systems, and mercury detection instruments, catering to sectors such as power generation, incineration, food and pharma, minerals, and chemicals. Envea's turnkey solutions integrate hardware, software, and data reporting, positioning it as a key player in environmental compliance and industrial efficiency. With a strong presence in France and international markets, Envea leverages its technological expertise to address growing regulatory demands for emissions control and air quality management. The company's rebranding to Envea in 2018 reflects its evolution into a broader environmental technology provider.
Envea SA presents a niche investment opportunity in the environmental monitoring and industrial process optimization sector. With €80.4 million in revenue and €5.5 million net income for FY 2020, the company demonstrates profitability, supported by a diversified product portfolio and regulatory tailwinds in emissions control. However, investors should note the modest operating cash flow (€592k) and significant capital expenditures (€-877k), which may indicate ongoing investment needs. The dividend yield appears attractive, but liquidity and market cap data are unavailable, suggesting limited visibility for broader institutional investors. The company's exposure to industrial cycles and dependence on environmental regulations could pose risks, while its technological specialization offers a competitive edge in compliance-driven markets.
Envea competes in the environmental monitoring and industrial analytics market, where differentiation hinges on technological precision, regulatory compliance, and industry-specific solutions. The company's strength lies in its integrated offerings—combining hardware, software, and turnkey systems—which reduce fragmentation for clients in emissions monitoring and process optimization. Its legacy as Environnement S.A. provides brand credibility in Europe, particularly in France. However, Envea faces competition from larger multinationals with broader geographic reach and R&D budgets. Its focus on niche applications (e.g., mercury monitoring, broken bag detection) allows for specialization but may limit scalability compared to generalist competitors. The company’s €80 million revenue scale is modest relative to global players, suggesting reliance on regional demand and targeted industrial segments. Regulatory trends (e.g., EU emissions standards) are a key growth driver, but Envea must continuously innovate to maintain its position against both established firms and agile startups in sensor technology and IoT-enabled monitoring.