EDENRED SA (FR:EDEN)
:EDEN
Want to see FR:EDEN full AI Analyst Report?
Top Page
EDENRED
(EDEN)
Select Model
Select Model
Rating:73Outperform
Price Target:
€23.00
▲(13.52% Upside)
Action:UpgradedDate:04/22/26
The score is driven primarily by solid profitability and cash generation, tempered by significant balance-sheet risk from elevated leverage and negative equity. Technicals are supportive but close to overbought, while low P/E and a strong dividend yield add meaningful valuation support.
Positive Factors
Multi-sided payment platform & recurring revenues
Edenred’s core multi-sided payment platform connects corporates, users and merchants, producing recurring service and transaction fees. Network effects and high acceptance lower churn and provide durable revenue visibility and operating leverage across benefit, fleet and corporate payment products.
Negative Factors
Elevated leverage and negative equity
Persistently negative equity and rising debt weaken financial flexibility and increase structural risk. Negative equity complicates capital allocation, restricts capacity to absorb shocks, and raises refinancing and covenant vulnerability in downturns or higher-rate environments.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-sided payment platform & recurring revenues
Edenred’s core multi-sided payment platform connects corporates, users and merchants, producing recurring service and transaction fees. Network effects and high acceptance lower churn and provide durable revenue visibility and operating leverage across benefit, fleet and corporate payment products.
Read all positive factors
EDENRED (EDEN) vs. iShares MSCI France ETF (EWQ)
Market Cap
€5.03B
Dividend Yield6.47%
Average Volume (3M)1.00M
Price to Earnings (P/E)8.7
Beta (1Y)1.00
Revenue Growth4.71%
EPS Growth5.69%
CountryFR
Employees12,320
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)1.40
Shares Outstanding236,974,580
10 Day Avg. Volume836,801
30 Day Avg. Volume1,003,546
Financial Highlights & Ratios
PEG Ratio1.63
Price to Book (P/B)-5.51
Price to Sales (P/S)1.65
P/FCF Ratio5.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€25.81Price Target Upside27.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)2.08
Revenue Forecast (FY)€2.92B
EDENRED Business Overview & Revenue Model
Company Description
Edenred SA provides transactional solutions for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, Ticket Alimentación, Ticket Transporte, Ticket Cultura, and Ticket CESU; and fleet an...
How the Company Makes Money
Edenred primarily makes money by operating multi-sided payment networks and platforms that issue purpose-specific payment instruments (e.g., meal benefits, mobility/fuel cards, and corporate payment solutions) and monetize the flows between corpor...
EDENRED Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
34
Negative
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.73B | 2.86B | 2.31B | 1.94B | 1.58B |
| Gross Profit | 1.43B | 1.71B | 952.00M | 1.05B | 823.00M |
| EBITDA | 1.13B | 1.17B | 875.00M | 751.00M | 628.00M |
| Net Income | 521.00M | 507.00M | 267.00M | 386.00M | 313.00M |
Balance Sheet | |||||
| Total Assets | 13.57B | 13.27B | 13.29B | 11.17B | 10.32B |
| Cash, Cash Equivalents and Short-Term Investments | 5.25B | 3.03B | 3.35B | 5.14B | 5.11B |
| Total Debt | 4.83B | 4.54B | 4.20B | 3.04B | 3.48B |
| Total Liabilities | 14.39B | 14.07B | 13.86B | 11.79B | 11.19B |
| Stockholders Equity | -818.00M | -908.00M | -679.00M | -718.00M | -953.00M |
Cash Flow | |||||
| Free Cash Flow | 901.00M | 812.00M | 862.00M | 587.00M | 269.00M |
| Operating Cash Flow | 1.10B | 1.03B | 1.05B | 738.00M | 383.00M |
| Investing Cash Flow | -212.00M | -704.00M | -1.23B | -211.00M | -180.00M |
| Financing Cash Flow | -671.00M | -39.00M | 147.00M | -828.00M | -57.00M |
EDENRED Technical Analysis
Positive
20.26
Price Trends
18.25
Positive
18.26
Positive
20.83
Negative
Market Momentum
0.38
Negative
68.75
Neutral
97.37
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:EDEN, the sentiment is Positive. The current price of 20.26 is above the 20-day moving average (MA) of 17.93, above the 50-day MA of 18.25, and below the 200-day MA of 20.83, indicating a neutral trend. The MACD of 0.38 indicates Negative momentum. The RSI at 68.75 is Neutral, neither overbought nor oversold. The STOCH value of 97.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:EDEN.
EDENRED Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €5.03B | 8.66 | ― | 6.47% | 4.71% | 5.69% | |
66 Neutral | €2.69B | 10.15 | 14.39% | 3.03% | -2.23% | 20.83% | |
62 Neutral | €6.34B | 8.98 | 18.37% | 6.20% | -2.30% | -33.43% | |
62 Neutral | €3.44B | 7.30 | 11.73% | 6.86% | -0.69% | -3.19% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
42 Neutral | €558.49M | -0.08 | -142.62% | ― | -13.00% | -1655.41% | |
41 Neutral | €651.75M | -0.69 | 319.82% | ― | -16.46% | 93.72% |
* General Sector Average
FR:EDEN
EDENRED
21.28
-4.89
-18.68%
FR:ATO
Atos SE
33.00
-1.65
-4.75%
FR:SW
Sodexo SA
43.32
-8.51
-16.42%
FR:SOP
Sopra Steria
132.50
-49.75
-27.30%
FR:TEP
Teleperformance
57.54
-26.15
-31.25%
FR:WLN
Worldline
0.25
-1.06
-80.89%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.