Signaux Girod makes railway signalling, track-circuit and level-crossing equipment for rail operators, a niche where safety certification and long-standing installed bases keep customers sticky. The structural case rests on rail infrastructure renewal and signalling upgrades that operators have to fund regardless of the economic cycle, though that demand is lumpy and project-driven. The problem is the current trajectory: revenue fell 6.5% in the latest year, and the operating margin of -2.7% sits well below the 31.2% gross margin, so overheads are swallowing the gross profit. With a market capitalisation of about 15M EUR, a ROE of -1.2% and no index membership, the name is a micro-cap turnaround candidate, and the case for a deeper look depends on whether order intake and cost cuts can close that gap between gross profit and operating loss.
Plain-English pros, cons, and what to watch. Pro feature.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | €18.50 | first publication | €15.60 |
| 22 Oct 2026, 14:04 CEST | Fair value | €24.12 | first publication | €15.60 |
| 22 Oct 2026, 14:04 CEST | Rating | Undervalued | first publication | €15.60 |
Answered from Signaux Girod S.A. fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| ALGIR.PA Signaux Girod S.A. | €15.60 | €24 | 35% below | - | -1.2% | 35 | 50 |
| CY1K.DE SBF AG | €2.31 | €3 | 8% below | 231.0x | 0.4% | 51 | 33 |
| S188.DE SMT Scharf AG | €5.65 | - | - | - | -3.2% | 43 | 36 |
| MLCFD.PA Compagnie de Chemins de Fer Départementaux Société Anonyme | €1150.00 | - | - | 30.4x | 5.1% | 64 | 49 |
| RVSN Rail Vision Ltd. Ordinary Share | $3.33 | - | - | - | -66.2% | 39 | 34 |
| SWVL Swvl Holdings Corp Class A Common Shares | $3.75 | $1 | 175% above | 123.7x | 24.0% | 49 | 53 |
| RAIL.ST Railcare Group AB (publ) | kr 29.80 | kr 45 | 34% below | 14.3x | 16.4% | 58 | 57 |
Where ALGIR.PA ranks against its sector peers on each metric.