ECONB.BR

Strong BuySecond WindAI neutral

Econocom Group SE · Technology · Belgium · $255M

EUR 1.48 +14.7% · close 5 Oct · scored 7 Oct

StockRank up 4.8 since 6 Oct: Momentum up 7.

Second Wind: Cheap and rising again, but the business does not yet earn the optimism.

91
StockRank
Get score and insider alerts
Quality
43
Value
95
Momentum
51

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
4.8x
peers 29.6x
ROE
10.0%
peers 5.2%
D/E
1.6x
peers 0.2x
Dividend %
3.9%
trailing yield
AI CONVICTION THESIS

Econocom is a Belgian-French IT equipment leasing, distribution and services group. It trades on a very low valuation and has been repurchasing shares, but quality metrics are weak, estimates are drifting lower, and the business is capital-intensive leasing plus low-margin reselling rather than a moat-protected franchise.

ABOUT ECONOCOM GROUP SE

Read

Econocom Group SE designs, finances, and facilitates the digital transformation of businesses and public organizations across Europe. The company unique competitive moat lies in its integrated business model, which combines IT equipment leasing and financing with technical consulting and lifecycle management services. It operates as a leading European digital general contractor, helping clients optimize their IT infrastructure with flexible financial solutions.

FINANCIAL SUMMARY (EUR)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.6B2.6B2.8B2.9B4.1%2.9B3.0B3.0B2.1%
EPS (EUR)0.360.350.220.04-52.3%0.270.050.0621.1%
Shares178.8M172.6M167.0M162.8M-8.9%162.8M———
Debt708.6M569.5M602.6M739.3M1.4%693.6M———
Equity390.2M411.2M425.5M439.4M4.0%————
Op CF126.7M47.2M99.4M206.1M17.6%141.0M———
Inv CF-85.0M-30.9M-16.7M-40.0M—————
Fin CF-47.6M-177.0M-49.6M19.3M—————
Loading 1Y...
PRICE (1Y) · EUR+0.0%
1.261.331.401.471.5321 Aug15 Sep5 Oct
SMA 50SMA 200

Price checkExperimental
SwingsAverage

Calmer than 59% of stocks we rank over the past year (36% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
EUR 1.48
RSI (14)
46.4
52-Week Range-18.6% from high
Low EUR 1.23High EUR 1.82

SCORE BREAKDOWN

Quality
43
ROIC
9.5%58.4
ROE
10.0%56.5
GP/Assets
11.6%25.4
Op. Margin
1.8%33.2
FCF/Assets
7.4%71.3
Piotroski
661.2
Int. Cover
3.8x34.2
D/E Ratio
1.62x5.9
Current Ratio
1.19x17.9
Value
95
P/E (TTM)
4.8x98.5
EV/EBITDA
5.6x89.5
P/FCF
1.2x99.3
P/B
0.5x98.0
P/S
0.1x99.5
Div Yield
3.9%85.4
Momentum
51
52W High %
81%72.8
RS 6M
8%64.7
SMA 50/200
0.98x47.0
EPS Rev 4W
-3.1%10.6
EPS Rev 12W
-11.2%8.3
EPS Improve
+47%38.3
Q Growth
125%75.5

FUNDAMENTALS

Market Cap
$255M
P/E (Forward)
3.3x
Gross Margin
10.2%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of ECONB.BR are excluded.

TickerCompanyMkt CapStockRankSignal
ECONB.BREconocom Group SE(you)$255M91Strong Buy
EVS.BREVS SA$413M87Strong Buy
MTLS.BRMaterialise NV$447M96Strong Buy
BAR.BRBarco NV$697M71Buy
MELE.BRMelexis NV$3.0B72Buy
XFAB.PAX-FAB Silicon Foundries SE$997M33Sell
BANQ.BRBanqup Group SA$91M14Strong Sell

Peer medians: ROE 5.2% · P/E 29.6x · Gross margin 54.7%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Econocom Group SE (ECONB.BR): Stock Score Summary

Econocom Group SE (ECONB.BR) has a MoatMap StockRank of 91/100 based on Quality (43/100), Value (95/100), and Momentum (51/100) factor scores. The current signal is STRONG BUY. Econocom is a Belgian-French IT equipment leasing, distribution and services group. It trades on a very low valuation and has been repurchasing shares, but quality metrics are weak, estimates are drifting lower, and the business is capital-intensive leasing plus low-margin reselling rather than a moat-protected franchise.

Econocom Group SE designs, finances, and facilitates the digital transformation of businesses and public organizations across Europe. The company unique competitive moat lies in its integrated business model, which combines IT equipment leasing and financing with technical consulting and lifecycle management services. It operates as a leading European digital general contractor, helping clients optimize their IT infrastructure with flexible financial solutions.

Key Financial Metrics

PriceEUR 1.48
Market Cap$255M
P/E (TTM)4.78
P/E (Forward)3.26
Price/Book0.45
Return on Equity10.0%
Return on Invested Capital9.5%
Debt/Equity1.62x
Gross Margin10.2%
Operating Margin1.8%
Revenue Growth-3.7%
Dividend Yield3.9%
Free Cash Flow$210M

Econocom Group SE operates in the Information Technology Services industry, part of the Technology sector (Belgium).

Frequently Asked Questions

What is Econocom Group SE’s (ECONB.BR) StockRank?
MoatMap’s StockRank for Econocom Group SE (ECONB.BR) is 91/100, with a Strong Buy signal. It is a composite of Quality (43), Value (95), and Momentum (51) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Econocom Group SE have an economic moat?
Econocom Group SE (ECONB.BR) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Econocom Group SE a buy, hold, or sell?
MoatMap’s current signal for Econocom Group SE (ECONB.BR) is Strong Buy, based on a StockRank of 91/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Econocom Group SE in?
Econocom Group SE (ECONB.BR) operates in the Technology sector, specifically the Information Technology Services industry (Belgium).