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Manufactures precision fasteners and components for aerospace, automotive and medical device makers.
Manufactures precision fasteners and components for aerospace, automotive and medical device makers.
Parts are specified into aircraft and car programmes years before production, so once qualified it ships through the programme's life and aerospace build rates set volumes; medical implant components are made to order for orthopaedic firms.
Moat: narrow (customer qualification, process know-how, switching costs). Aerospace/medical fasteners require lengthy qualification, making it costly for customers to switch suppliers.
Headquarters: Paris, France · Founded: 1777 · Employees: 9,634
Size Lisi (FII.PA) is a France Industrials company (Aerospace & Defense) with a market value of $3.27B, the 84th largest of 206 France companies the cockpit tracks. Shares closed at €64.10 on 6 Nov 2026.
Performance Over six months the shares gained 0.2%, against -18.0% for the median peer and -0.4% for the France market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue fell 8.4% over the last twelve months (peer median +1.9%); the operating margin is 10.0% (peer median 0.8%).
Valuation It trades at 22.5× forward earnings against a peer median of 45.7× (5th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +13 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.0 points below its cost of capital (12.0% WACC).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.71B | €1.75B | €1.61B | €1.63B | €1.43B |
| Revenue growth | — | +9% | -1% | +14% | — |
| Gross profit | €139M | €266M | €187M | €188M | €178M |
| EBITDA | €259M | €254M | €192M | €192M | €188M |
| Net income | €102M | €78.3M | €56.0M | €37.5M | €57.0M |
| Free cash flow | €66.6M | €74.0M | €51.3M | €20.0M | €18.2M |
| Capital expenditure | €106M | €101M | €107M | €98.9M | €111M |
| Total debt | n/a | €504M | €680M | €640M | €436M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Lisi FII.PA | $3.27B | 0% | -8% | 10% | 22.5× | 20.4% |
| Howmet Aerospace HWM | $81.8B | -24% | +22% | 28% | 32.6× | 24.1% |
| TriMas TRS | $1.37B | -10% | -33% | 5% | 19.1× | n/a |
| SFS SFSN.SW | $6.68B | +15% | +2% | 12% | 19.8× | -2.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FII.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.9% | -0.2% | 2nd highest of 21 |
| 6-month return | +0.2% | -18.0% | 2nd highest of 21 |
| Distance from 52-week high | -11.7% | -40.0% | 2nd highest of 21 |
| Revenue growth (TTM) | -8.4% | +1.9% | 5th lowest of 20 |
| Operating margin | 10.0% | 0.8% | 4th highest of 21 |
| Forward P/E | 22.5× | 45.7× | 5th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 20.4% | 23.0% | 5th least demanding of 12 |
| Growth delivered (Del g) | +7.3% | +8.0% | 5th lowest of 12 |
| Hurdle (Req g minus delivered) | +13.1 pp | +10.3 pp | 6th most demanding of 12 |
| ROIC minus cost of capital | -3.0 pp | -5.9 pp | 8th highest of 21 |
| EV / EBITDA | 12.3× | 14.0× | 3rd cheapest of 6 |
| Net debt / EBITDA | 1.0× | 1.0× | 4th least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Lisi FII.PA | France | $3.27B | 0% | -8% | 10% | 22.5× | 20.4% | +7.3% |
| Inner Mongolia First Machinery 600967.SS | China | $3.22B | -10% | -7% | 0% | 26.0× | 38.2% | -5.4% |
| Anhui GreatWall Military Industry 601606.SS | China | $3.20B | -22% | -10% | -7% | n/a | n/a | n/a |
| Archer Aviation ACHR | United States | $3.42B | -31% | n/a | -13,570% | n/a | n/a | n/a |
| AviChina Industry & Technology 2357.HK | Hong Kong | $3.11B | -13% | +2% | 5% | 8.1× | n/a | n/a |
| Firefly Aerospace FLY | United States | $3.48B | -48% | +179% | -116% | n/a | n/a | n/a |
| QinetiQ QQ..L | United Kingdom | $3.51B | +26% | 0% | 10% | 15.3× | 0.1% | +8.5% |
| Baimtec Material 688563.SS | China | $3.53B | -12% | -1% | 15% | 38.2× | 22.7% | +14.4% |
| Avicopter 600038.SS | China | $3.54B | -8% | -6% | 1% | 33.9× | 9.1% | +8.1% |
| AECC Aero-engine Control 000738.SZ | China | $3.66B | -10% | -3% | 3% | 64.0× | n/a | n/a |
| North Industries Group Red Arrow 000519.SZ | China | $2.88B | -22% | +100% | 1% | 57.5× | 23.0% | +7.5% |
| Jiangxi Hongdu Aviation Industry 600316.SS | China | $3.77B | -4% | +62% | 0% | 121.0× | 53.4% | +8.0% |
| RENK R3NK.DE | Germany | $3.84B | -24% | +11% | 13% | 21.1× | 29.8% | +54.5% |
| Sai MicroElectronics 300456.SZ | China | $2.75B | -45% | -59% | -99% | 65.9× | 41.7% | +1.5% |
| Avic (Chengdu) UAS 688297.SS | China | $3.93B | -15% | +74% | 0% | 106.5× | n/a | n/a |
| North Navigation Control Technology 600435.SS | China | $2.65B | -19% | -32% | -5% | 97.4× | 17.1% | +6.8% |
| Aerospace CH UAV 002389.SZ | China | $2.64B | -17% | +3% | 0% | 54.9× | n/a | n/a |
| Bharat Dynamics BDL.NS | India | $4.12B | -28% | -19% | 10% | 47.2× | n/a | n/a |
| Aar AIR | United States | $4.39B | -7% | +22% | 9% | 18.4× | 13.2% | +14.9% |
| Intuitive Machines LUNR | United States | $2.40B | -64% | +117% | -20% | n/a | n/a | n/a |
| Mercury Systems MRCY | United States | $4.48B | -19% | +8% | 2% | 44.2× | 59.6% | +1.3% |