EXEL INDUSTRIES (EXE) AI Stock Analysis

EXEL INDUSTRIES

(Paris:EXE)

Select Model

Rating:51.6Neutral

Price Target:EUR 17.00▼(-0.87% Downside)

Action:reiterated

Date:09/07/26

The overall score is constrained by significant headwinds. The primary negative factors are the sustained technical downtrend and weakening profitability, with declining revenue and margin compression. The strong balance sheet provides a floor, but negative earnings and bearish price action weigh heavily on the outlook. The dividend yield offers a minor positive offset.

Positive Factors

Improving leverageThe substantial reduction in debt improves financial resilience and gives EXEL Industries more flexibility to fund operations, maintain investment, and withstand weaker demand. A healthier balance sheet can also reduce financing pressure while the company works to restore profitability.

Negative Factors

Revenue contractionThe recent revenue slowdown indicates weaker demand or reduced business activity after stronger growth in earlier years. Sustained contraction would limit operating leverage, reduce resources available for reinvestment, and make it harder for EXEL Industries to rebuild earnings momentum.

EXEL INDUSTRIES (EXE) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 114.69M
Dividend Yield: 3.55%
Average Volume (3M): 1,492
Price to Earnings (P/E): -29.6
Beta (1Y): 0.26
Revenue Growth: -12.33%
EPS Growth: -113.67%
Country: France
Employees: 3,724
Sector: General
Sector Strength: 55
Industry: Agricultural - Machinery

EXEL INDUSTRIES Business Overview & Revenue Model

Company Description

Established in 1952 and headquartered in Paris, France, EXEL Industries S.A. is a global entity dedicated to the design, manufacturing, and marketing of agricultural spraying solutions. The company's diverse offerings extend beyond its primary focus...

How the Company Makes Money

EXEL Industries makes money mainly by selling equipment and solutions built around pumping and spraying technologies. Its core revenue stream is the sale of agricultural spraying products (such as crop-protection sprayers and related spraying systems...

EXEL INDUSTRIES Financial Statement Overview

Summary

Financial performance is mixed. The balance sheet is strong with low debt-to-equity (0.30), but the income statement shows declining revenue (-6.4%) and compressed margins (net margin 1.7%). Cash flow remains positive but is declining, with free cash flow down 16.7% YoY. Overall, financial health is supported by a solid balance sheet, but weakening profitability is a concern.

Income Statement

45Neutral

Balance Sheet

75Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	920.50M	983.00M	1.10B	1.09B	977.03M	876.77M
Gross Profit	230.46M	475.50M	516.69M	507.78M	447.26M	419.14M
EBITDA	40.02M	60.19M	82.81M	95.34M	67.48M	83.88M
Net Income	-3.90M	16.30M	31.16M	42.50M	28.58M	43.48M
Balance Sheet
Total Assets	925.70M	840.40M	887.29M	884.18M	893.33M	781.36M
Cash, Cash Equivalents and Short-Term Investments	41.27M	41.77M	50.20M	64.86M	65.52M	83.32M
Total Debt	209.32M	140.31M	178.76M	182.66M	226.09M	125.88M
Total Liabilities	478.57M	373.13M	422.93M	440.11M	473.67M	391.39M
Stockholders Equity	445.83M	465.90M	463.14M	442.86M	419.64M	389.95M
Cash Flow
Free Cash Flow	20.27M	45.92M	19.31M	62.34M	-68.84M	46.94M
Operating Cash Flow	44.52M	70.80M	49.54M	82.65M	-41.88M	62.95M
Investing Cash Flow	-22.90M	-24.23M	-28.18M	-20.51M	-55.08M	-14.37M
Financing Cash Flow	-4.86M	-53.36M	-33.38M	-57.52M	85.44M	-26.22M

EXEL INDUSTRIES Technical Analysis

Technical Analysis SentimentNegative

Last Price17.15

Price Trends

50DMA18.19Negative

100DMA19.31Negative

200DMA26.22Negative

Market Momentum

MACD-0.30Negative

RSI36.47Neutral

STOCH14.07Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:EXE, the sentiment is Negative. The current price of 17.15 is above the 20-day moving average (MA) of 16.99, below the 50-day MA of 18.19, and below the 200-day MA of 26.22, indicating a bearish trend. The MACD of -0.30 indicates Negative momentum. The RSI at 36.47 is Neutral, neither overbought nor oversold. The STOCH value of 14.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:EXE.

EXEL INDUSTRIES Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:EXE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:MTU	67Neutral	EUR 756.20M	8.67	8.83%	3.80%	7.68%	19.52%
FR:ALPM	63Neutral	EUR 114.08M	11.72	9.51%	2.61%	0.05%	0.42%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:EXE	52Neutral	EUR 114.69M	-29.65	-0.86%	3.55%	-12.33%	-113.67%
FR:ALWF	50Neutral	EUR 7.97M	-19.05	-2.75%	―	3.99%	75.42%
FR:PIG	50Neutral	EUR 63.49M	-2.42	-20.93%	10.23%	-2.39%	-46.00%

* General Sector Average

Performance Comparison

FR:EXE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:EXE	EXEL INDUSTRIES	16.90	-17.78	-51.27%
FR:PIG	Haulotte Group	2.15	0.13	6.44%
FR:MTU	Manitou BF	19.76	2.91	17.26%
FR:ALPM	Precia SA	21.10	-8.14	-27.85%
FR:ALWF	Winfarm SA	3.98	-0.03	-0.75%

EXEL INDUSTRIES Corporate Events

EXEL Industries Hit by Weak Farm and Industrial Markets, Moves to Cut Costs

Oct 28, 2026

EXEL Industries reported a 13.0% drop in annual revenue to €855.7 million for its 2025–2026 fiscal year, with all four divisions contracting amid persistently weak agricultural and industrial markets, particularly in Europe. Agricultural...

EXEL Industries Updates Share Capital and Voting Rights as of September 30, 2026

Oct 2, 2026

EXEL Industries has reported that its share capital comprises 6,787,900 shares as of September 30, 2026, corresponding to 9,897,118 theoretical voting rights and 9,889,783 exercisable voting rights after deduction of non-voting shares. The disclosure...

EXEL Industries Updates Share Capital and Voting Rights for August 2026

Sep 3, 2026

EXEL Industries has reported its share capital and associated voting rights as of August 31, 2026, in accordance with Article 223-16 of the French financial markets authority regulation. The company states that its 6,787,900 shares correspond to 9,89...

EXEL INDUSTRIES Updates Market on Share Capital and Voting Rights

Aug 19, 2026

EXEL INDUSTRIES has reported its monthly regulatory information on share capital and voting rights as of 31 July 2026. The group’s share capital is composed of 6,787,900 shares, corresponding to 9,897,137 theoretical voting rights and 9,890,617...

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.

Date of analysis: Oct 01, 2026

EXEL INDUSTRIES AI Stock Analysis