BN · rank #3 · 2026-10-20
EXA
PARIS · EUR · $2.39B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 1.04 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +29.5% |
| Forward net margin Consensus forward net margin. | +30.3% |
| Net margin TTM Trailing twelve month net margin. | +15.4% |
| Margin expansion Forward minus trailing net margin (percentage points). | +14.9% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 0.52 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 4.55× |
| Analyst upside Spread between the consensus 12m target and the current price. | +9.5% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $2.39B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Exail Technologies designs and manufactures autonomous maritime mine-countermeasure systems, high-precision fiber-optic gyroscopic navigation systems, and photonics for defense and commercial end markets.
Rationale
The quant signal is supported by Exail's high growth profile (29.5% forward revenue growth, 14.9% margin expansion) and critical role in solving European naval defense bottlenecks, backed by a €1.001 billion backlog.
Material risks
- 1Regulatory approvals or extended timelines for Thales' planned acquisition could limit standalone commercial flexibility and complicate independent sales to non-aligned international defense customers.
- 2Order intake lumpiness and a 7% year-over-year backlog decline heighten reliance on securing pending international mine-countermeasure and seabed-surveillance tender awards.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.