ATLASATLAS fair value
€28.99
Below fair value · 51% discount
Range: €21–€45Fair valuePrice
CSG (AMS: CSG) stock price
CSG (AMS: CSG) closed at €14.24 on Nov 2, 2026 (-1.59%). 52-week range €12.20–€35.50. By the ATLAS model, CSG's estimated fair value is €28.99 (range €21.17–€45.20, medium confidence), 104% above the Nov 2, 2026 close.
Updated Nov 2, 2026 · Source: EODHD / ATLAS model
CSG stock price today, ATLAS forecast and fair value
Industrials · Aerospace & Defense · Euronext Amsterdam · Netherlands
€14.24▼ -1.59%
Prices as of Nov 2, 2026 · EUR
- Market cap
- €14.7B
- P/E ratio
- 14.2
- 52-week range
- €12.20 – €35.50
Chance of rising in 1 month
49%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on CSG in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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On CSG
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates CSG's fair value at about €28.99 per share (reasonable range: €21.17 to €45.20). At €14.24, the stock trades 51% below it.
It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives CSG a 49% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between €13.00 and €15.45; in 9 out of 10, between €11.15 and €18.01. Estimated annual volatility is 44%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- €14.7B
- Market cap (USD)
- $16.5B
- P/E ratio
- 14.2
- 52-week high
- €35.50
- 52-week low
- €12.20
- Revenue (12 months)
- €7.2B
- Gross margin
- 43.5%
- Operating margin
- 24.1%
- Net margin
- 13.4%
How CSG compares
Against the Industrials sector
At a P/E ratio of 14.2, CSG is valued below the sector median of 17.6.
| Measure | CSG | Sector median |
|---|---|---|
| P/E ratio | 14.2 | 17.6 |
| Net margin | 13.4% | 3.3% |
| Price vs fair value (+ above, − below) | -51% | -27% |
Median of the 15 Industrials companies ATLAS covers (Netherlands). CSG ranks #2 of 15 by market value among them.
CSG stock performance over the past year
CSG shares fell 56.7% between the Jan 23, 2026 close (€32.85) and the Nov 2, 2026 close (€14.24). Weekly closes over the period ranged from €12.68 to €32.85. Past performance does not predict future results.
CSG compared with peers
Key numbers for CSG.AS next to comparable companies in the same line of business.
| Company | Market cap | P/E | Net margin | Price vs fair value |
|---|---|---|---|---|
| CSG (AMS: CSG) | $16.5B | 14.2 | 13.4% | -51% |
| Wolters Kluwer (AMS: WKL) | $19.8B | 14.3 | 21.9% | -48% |
| Randstad (AMS: RAND) | $7.0B | 21.4 | 1.5% | -19% |
| Aalberts Industries (AMS: AALB) | $5.0B | 29.1 | 4.9% | +8% |
| Arcadis (AMS: ARCAD) | $3.9B | 18.2 | 4.2% | -25% |
Price vs fair value: + means the price is above the ATLAS fair value estimate, − below it. Market cap in US dollars.
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. CSG sits below fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks CSG.AS has traded between €12.20 and €35.50. Today it is 59.9% below that high and 17% above its low.
On the business: net margin is 13.4%; it trades at 14.2 times earnings.
About the company
CSG N.V. manufactures and sells defence products in the Czech Republic, Europe, the United States, and the Asia Pacific. The company operates through CSG Defence Systems and CSG Ammo + segments.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
Is CSG undervalued?
By the ATLAS model, CSG's estimated fair value is €28.99 (range €21.17–€45.20, medium confidence), 104% above the Nov 2, 2026 close. This describes the model's estimate, not a forecast or a recommendation; it is not investment advice.
What is CSG (CSG.AS) fair value?
About €28.99 per share according to ATLAS (reasonable range: €21.17 to €45.20). With the stock at €14.24, it is 51% below it.
What is the chance CSG.AS goes up next month?
49%: close to a coin flip. In half of the simulated outcomes, CSG.AS ends the month between €13.00 and €15.45.
How big is CSG and what is its P/E ratio?
CSG's market capitalization is €14.7B. Its price-to-earnings (P/E) ratio is 14.2: you pay €14.2 for each €1.00 of yearly earnings.
How volatile is CSG.AS?
ATLAS estimates annual volatility at 44%. In a typical month, half of the outcomes end between €13.00 and €15.45.
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer