Target Price

The Target MCAP for Q2 2026 is 157 million Euros. For Q4 2027 (e), the Target MCAP is expected to increase to 127 million Euros, representing a change of 20 million Euros or 12.7% compared to Q2 2026.

Valuation

Current market cap is 180.3 MEur (11.06 €) and the average MCap for the period is 310.7 MEur (19.1 €).

Current Enterprice Value is 171.6 MEur and the average EV for the period is 299.2 MEur. Expected EV at the end of the year for 2026 is 171.6 MEur and expected values for 2027 and 2028 are 131.9 MEur and 84.1 MEur.

Income Statement

Current Price to Sales ratio is 0.78 and the average realised P/S for the period is 2.03. Current P/S-ratio is -61.3 % lower than average value. Expected P/S at the end of the year for 2026 is 0.78 and expected values for 2027 and 2028 are 0.71 and 0.64.

Current Enterprice Value to Sales ratio is 0.75 and the average realised EV/S for the period is 1.95. Current EV/S-ratio is -61.7 % lower than average value. Expected EV/S at the end of the year for 2026 is 0.75 and expected values for 2027 and 2028 are 0.52 and 0.3.

Current EV/Ebit is 9.2. That is -52.5 % lower than average EV/Ebit 19.3 for positive values (<100). Expected EV/EBIT at the end of the year for 2026 is 9.2 and expected values for 2027 and 2028 are 4.9 and 2.3.

Current PE is 13.1. That is -49.1 % lower than average PE 25.6 for positive values (<100). Expected PE at the end of the year for 2026 is 13.1 and expected values for 2027 and 2028 are 8.6 and 6.2.

Shareholders Equity

Current Price to Book ratio is 1.5 and the average realised P/B for the period is 3.74. Current P/B-ratio is -59.8 % lower than average value. Expected P/B at the end of the year for 2026 is 1.5 and expected values for 2027 and 2028 are 1.28 and 1.06.

Cash Flow

Current P/OCF is 5.3. That is -58.5 % lower than average P/OCF 12.8 for positive values (<100). Expected P/OCF at the end of the year for 2026 is 5.3 and expected values for 2027 and 2028 are 4.4 and 3.7.

Current EV/OCF is 5.1. That is -59.2 % lower than average EV/OCF 12.4 for positive values (<100). Expected EV/OCF at the end of the year for 2026 is 5.1 and expected values for 2027 and 2028 are 3.2 and 1.7.

Current P/FCF is 6.5. That is -68.0 % lower than average P/FCF 20.2 for positive values (<100). Expected P/FCF at the end of the year for 2026 is 6.5 and expected values for 2027 and 2028 are 4.5 and 3.8.

Current EV/FCF is 6.1. That is -67.8 % lower than average EV/FCF 19.1 for positive values (<100). Expected EV/FCF at the end of the year for 2026 is 6.1 and expected values for 2027 and 2028 are 3.3 and 1.8.