BN · rank #3 · 2026-10-22
EXA
PARIS · EUR · $2.39B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 1.03 |
|---|---|
| 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. | +9.9% |
| 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 S.A. develops and manufactures autonomous unmanned maritime systems, underwater mine-countermeasure vehicles, and high-precision fiber-optic gyroscope inertial navigation systems for global defense applications.
Rationale
The quant model's high composite score is supported by 29.5% forward revenue growth and expanding profitability, backed by a €1.0 billion backlog securing critical naval defense hardware demand.
Material risks
- 1Thales' pending controlling acquisition agreement and multi-year tender offer process (closing expected early 2028) introduce governance uncertainty and risk compromising Exail's commercial neutrality with non-Thales systems integrators.
- 2Nine-month order intake fell significantly due to tough comparisons against a prior €400 million contract, reducing backlog by 7% year-over-year and elevating reliance on near-term export tender awards.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.