EXEL INDUSTRIES (EXE) AI Stock Analysis

3 Followers

EXEL INDUSTRIES

(Paris:EXE)

Select Model

Rating:53Neutral

Price Target:EUR 17.50▼(-9.79% Downside)

Action:reiterated

Date:09/07/26

EXEL INDUSTRIES scores in the lower-mid range, primarily pressured by a persistent technical downtrend, negative earnings multiples, and cyclical top-line declines. However, the score is buoyed by a fortress balance sheet and resilient cash flow generation, which ensure operational stability during the current industry trough.

Positive Factors

DeleveragingMaterial debt reduction strengthens financial resilience and lowers the burden on future cash flows. A healthier balance sheet gives EXEL Industries more flexibility to sustain operations, fund necessary investment, and manage cyclical agricultural-equipment demand without relying as heavily on additional borrowing.

Negative Factors

Revenue ContractionThe latest revenue deterioration interrupts the stronger growth achieved during 2021–2023 and signals weaker demand or sales conversion across the business. If sustained, lower volume would limit operating leverage, reduce the resources available for investment, and make recovery in earnings more difficult.

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

Market Cap: EUR 131.66M
Dividend Yield: 3.09%
Average Volume (3M): 1,445
Price to Earnings (P/E): -34.0
Beta (1Y): 0.35
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

Mixed performance characterized by a robust balance sheet and strong free cash flow, significantly offset by cyclical headwinds causing revenue contraction and margin compression.

Income Statement

42Neutral

Balance Sheet

78Positive

Cash Flow

70Positive

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 SentimentPositive

Last Price19.40

Price Trends

50DMA17.81Positive

100DMA18.95Positive

200DMA25.22Negative

Market Momentum

MACD0.35Negative

RSI65.62Neutral

STOCH81.42Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:EXE, the sentiment is Positive. The current price of 19.40 is above the 20-day moving average (MA) of 17.54, above the 50-day MA of 17.81, and below the 200-day MA of 25.22, indicating a neutral trend. The MACD of 0.35 indicates Negative momentum. The RSI at 65.62 is Neutral, neither overbought nor oversold. The STOCH value of 81.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 761.55M	8.73	8.83%	3.77%	7.68%	19.52%
FR:ALPM	63Neutral	EUR 112.99M	11.61	9.51%	2.63%	0.05%	0.42%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:EXE	53Neutral	EUR 131.66M	-34.03	-0.86%	3.09%	-12.33%	-113.67%
FR:ALWF	52Neutral	EUR 7.99M	-19.10	-2.79%	―	3.99%	75.42%
FR:PIG	50Neutral	EUR 68.21M	-2.60	-20.93%	9.52%	-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	19.40	-15.67	-44.69%
FR:PIG	Haulotte Group	2.31	0.29	14.36%
FR:MTU	Manitou BF	19.90	2.49	14.30%
FR:ALPM	Precia SA	20.90	-6.00	-22.30%
FR:ALWF	Winfarm SA	3.99	0.25	6.68%

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 spraying and...

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 exerc...

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