BN · rank #13 · 2026-10-21
FII
PARIS · EUR · $3.14B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.33 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +10.7% |
| Forward net margin Consensus forward net margin. | +9.8% |
| Net margin TTM Trailing twelve month net margin. | +8.9% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.9% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 0.99 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 3.50× |
| Analyst upside Spread between the consensus 12m target and the current price. | +23.9% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $3.14B |
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
LISI S.A. (FII) is a French mid-cap manufacturer of aerospace fasteners and structural components serving Airbus, Boeing, and defense programs, with a smaller automotive segment undergoing repositioning.
Rationale
The bottleneck-solver thesis is directly reinforced by LISI's embedded qualification moat, renewed strategic-customer contracts, a strong 2026–2027 named order backlog, and 10.4% aerospace revenue growth driven by Airbus A320/A350 and Boeing ramp-ups that structurally require qualified fastener supply.
Material risks
- 1Fastener-capacity expansion and structural-component productivity improvements must execute flawlessly to convert the strong backlog into cash — elevated inventories at 109 revenue-days and only €5.9M operating FCF in H1 signal that cash conversion remains the live constraint on the thesis.
- 2Automotive (30% of revenue) is actively declining with the Puiseux-Pontoise shutdown, Hungary integration costs, and Chinese/North American volume weakness, creating a drag that partially offsets aerospace momentum and compresses group-level margin expansion.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.