Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Adjusted Earnings | 552.783 K - 11.706 M | 8.25 M |
| Discount Rate | 11.0% - 9.0% | 10.0% |
| Fair Value | €0 - €1.88 | €1.15 |
| Upside | -100.0% - 137.7% | 45.1% |
| Estimate Adjusted EBIT Margin | |||||||
| Fiscal Year Ending | LTM | ||||||
| Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | Dec-24 | ||
| (EUR in millions) | FY-4 | FY-3 | FY-2 | FY-1 | FY | LTM | |
| Revenue | 191 | 204 | 212 | 215 | 215 | 215 | |
| Adjusted EBITDA Build-up | |||||||
| EBT, Incl. Unusual Items | 0 | (19) | 7 | 11 | 12 | 12 | |
| (+) Net Interest Expense | 0 | 1 | 2 | 1 | 2 | 2 | |
| (+) Other Non Operating Exp. | 2 | 3 | 2 | 3 | 0 | 0 | |
| (+) D&A | 17 | 18 | 16 | 10 | 15 | 15 | |
| (+) Non-recurring Items | (2) | 20 | (2) | (1) | |||
| Adjusted EBITDA | 18 | 23 | 26 | 23 | 29 | 29 | |
| (-) D&A | (17) | (18) | (16) | (10) | (15) | (15) | |
| Adjusted EBIT | 1 | 5 | 10 | 14 | 14 | 14 | |
| % of Revenue | 0.3% | 2.4% | 4.7% | 6.4% | 6.3% | 6.3% | |
| Low | Median | High | |||||
| Adjusted EBIT Margin | 0.3% | 4.7% | 6.4% | ||||
| Equity Waterfall | |||||||
| Model | |||||||
| (EUR in millions) | Low | Mid | High | Market | |||
| Enterprise Value | 5 | 83 | 130 | 59 | |||
| (+) Cash & Short Term Investments | 72 | 72 | 72 | 72 | |||
| (+) Investments & Other | 1 | 1 | 1 | 1 | |||
| (-) Debt | (81) | (81) | (81) | (81) | |||
| (-) Other Liabilities | 0 | 0 | 0 | 0 | |||
| (-) Preferred Stock | 0 | 0 | 0 | 0 | |||
| (-) Other | 0 | 0 | 0 | 0 | |||
| Value of Common Equity | (3) | 75 | 122 | 51 | |||
| (/) Shares Outstanding | 65.0 | 65.0 | 65.0 | 65.0 | |||
| Implied Stock Price (EUR) | 0.00 | 1.15 | 1.88 | 0.79 | |||
| FX Rate: EUR/EUR | 1.00 | 1.00 | 1.00 | 1.00 | |||
| Implied Stock Price (EUR) | 0.00 | 1.15 | 1.88 | 0.79 | |||
| Upside / (Downside) | -100.00% | 45.05% | 137.67% | ||||
| Stock Price | 0.79 | ||||||
| Stock Price Close | 0.79 | ||||||
| Restatment Type | Press Release | ||||||
| Reporting Currency | EUR | ||||||
| Trading Currency | EUR | ||||||
| FX Rate: EUR/EUR | 1.00 | ||||||
| Market Cap | 51.4 | ||||||
| Shares Outstanding | 65.0 | ||||||
| Share Exchange Ratio | 1.0 | ||||||
| Liquid Long-term Investments | 0 | ||||||