| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | 528.57 | 4418 |
| Graham-Dodd Method | 6.39 | -45 |
| Graham Formula | 29.29 | 150 |
Made SA is a French technology company specializing in advanced solutions for electrical network operation, geo-location, overhead lines detection, telecoms, and defense. Founded in 1991 and headquartered in La Farlède, France, the company develops and markets innovative hardware and equipment, including network measurement and detection systems, ground-penetrating radar, galvanic isolators, and high-voltage line proximity warning systems. Operating in the Technology sector under the Hardware, Equipment & Parts industry, Made SA serves critical infrastructure and defense markets with precision tools that enhance safety and efficiency. With a market capitalization of approximately €15.25 million, the company maintains a niche yet essential role in supporting modern electrical and telecom networks. Its expertise in geo-location and detection technologies positions it as a key player in infrastructure maintenance and security applications.
Made SA presents a specialized investment opportunity in the technology and infrastructure support sector. The company's niche focus on electrical network and defense solutions provides stability, though its small market cap and negative beta (-0.383) suggest limited correlation with broader market movements. Revenue of €9.68 million and net income of €1.10 million in the latest fiscal year indicate modest profitability, supported by a diluted EPS of €0.86. The absence of debt is a positive, but the lack of reported operating cash flow and capital expenditures raises questions about liquidity and reinvestment. A dividend yield based on a €0.54617 per share payout may appeal to income-focused investors, but the company's growth prospects depend heavily on demand from infrastructure and defense sectors. Given its small size, Made SA may be more suitable for investors seeking specialized exposure rather than broad market participation.
Made SA operates in a highly specialized segment of the technology hardware market, focusing on electrical network and defense-related detection systems. Its competitive advantage lies in its deep expertise in geo-location and overhead line detection, which are critical for infrastructure maintenance and safety. The company's product portfolio, including ground-penetrating radar and high-voltage proximity warning systems, addresses specific pain points in utility and defense sectors, creating a defensible niche. However, its small scale (€15.25M market cap) limits R&D and global reach compared to larger competitors. Made SA's lack of debt is a strength, but the absence of reported operating cash flow suggests potential liquidity constraints. The company's negative beta indicates low correlation with market trends, which could appeal to investors seeking diversification but may also reflect limited growth momentum. Its positioning as a French-focused player may restrict international opportunities, though its technology could have export potential in European and defense markets. The dividend payout signals confidence in stable cash generation, but long-term competitiveness will depend on innovation and scalability in an industry dominated by larger, diversified firms.