BN · rank #13 · 2026-10-23
FII
PARIS · EUR · $3.05B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.32 |
|---|---|
| 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. | +27.5% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $3.05B |
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 aerospace and automotive fastener and structural-components manufacturer generating ~70% of revenue from embedded positions on Airbus and Boeing production programs.
Rationale
The bottleneck-solver thesis is directly reinforced by LISI's manufacturing qualification moat, renewed strategic-customer contracts, a strong named 2026–2027 order backlog, and €37.1M of fastener-capacity investment timed to Airbus's ramp from 66 to 75 A320/month—exactly the supply-chain chokepoint the strategy targets.
Material risks
- 1Elevated work-in-progress inventories at 109 revenue-days and rising net financial debt to €265.1M signal that capacity expansion is consuming cash faster than it converts, threatening the free-cash-flow improvement thesis if aerospace ramp timing slips.
- 2Automotive (30% of revenue) is structurally declining with the Puiseux-Pontoise shutdown, Hungary integration costs, and Chinese/North American volume weakness, creating a drag that partially offsets aerospace upside 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.