exit-earnings model with explicit share-count reduction (the standard revenue/margin/PE approach understates PayPal because it ignores the buyback, which is central to this thesis) 1. Revenue FY2030: ~$37.5B (from ~$32B today, ~3.5% CAGR – stabilization only, no reacceleration) 2. Net margin: 15.5% → net income ~$5.8B (cost program partially offsets mix shift) 3. Share count FY2030: ~700M (from ~890M today) Assumes ~5.5% net annual share reduction – deliberately BELOW the current ~9%/yr run-rate. Feasibility check: retiring ~190M shares over 4.5 years costs roughly $3B/yr even at rising prices, well within ~$6.8B annual free cash flow. 4. EPS FY2030: $5.8B / 700M ≈ $8.30 5. Exit multiple: 12x earnings → ~$100 per share in FY2030 (low end of a normal profitable-financial multiple; no premium, zero value assigned to agentic commerce optionality) 6. Discount back 4.5 years at 10% p.a. → fair value today ≈ $65 Every input is conservative on purpose. Kill-switch: if Branded Checkout growth turns negative again, the network is eroding and the thesis is void regardless of this math. Sensitivity: at a 16x exit multiple and the current ~9%/yr buyback pace, the same framework yields ~$85–90. I deliberately anchor on the conservative case.

309

Celsius Holdings

JD009

Community Contributor

From $5M to $2B: Why the 2024 Crash Was the Best Buying Opportunity in Consumer Stocks

A 17-Year Story That Most Investors Only Discovered in the Last Three In 2010, Celsius Holdings (CELH) was generating roughly US$5 million in annual revenue, a forgotten energy drink with niche distribution in Scandinavian gyms and a handful of US health food stores. By the end of 2025, the company had crossed US$2 billion in trailing twelve-month revenue and acquired two major energy drink brands.

View narrative

US$55.43

46.2% undervalued

20.00%

Revenue growth p.a.

557

Accenture

Wavefarer

Community Contributor

High-quality global services company facing an AI-driven valuation reset.

Accenture is still a go-to partner for big companies, but investors worry that new AI tools could shrink the need for the people-heavy work it has long sold. The upside comes down to whether it can turn its AI platforms and major tech partnerships into real customer wins faster than spending and staffing pressures bite.

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US$301

54.0% undervalued

See 13 DCF Valuation

Clínica Baviera

Baviera: A 40% ROCE Compounding Machine Trading at Distressed Multiples — Fair Value €88/share

Clínica Baviera runs eye-care clinics across Europe, and its newest clinics tend to pay back quickly while the core business keeps growing through repeat referrals and a strong brand. The big question is whether the market is missing how resilient this model can be even as Germany and the UK face short-term pressure.Read more

€90.72

37.6% undervalued

Imthetxarbi's

Fair Value

Revenue

15.4% p.a.

Profit Margin

17%

Future PE

18x

Price in 2031

€129.17

NBI Bearings Europe

NBI Bearings Europe Revenue to Surge with 7.38% Growth

NBI Bearings Europe shows signs it is getting back on its feet, with stronger day-to-day performance and cash coming in while it works down debt. A fast-growing push in India and a new factory on the way could be the next big test of whether the turnaround can stick.Read more

€6.9

53.6% undervalued

Janpeo's

Fair Value

Profit Margin

9.07%

Future PE

24.03x

Price in 2031

€14.1

Amadeus IT Group

The "AI Fear" Arbitrage Opportunity

Amadeus IT (AMS.MC): The "AI Fear" Arbitrage Opportunity Current Price: ~€48.84 | Target Range: €62.00 – €75.00 | View: Strong Buy / Accumulate The market has priced Amadeus as a "terminal decline" asset due to fears of AI disintermediation. However, operational reality contradicts this narrative.Read more

€65.9

24.2% undervalued

Janpeo's

Fair Value

Revenue

14.6% p.a.

Profit Margin

21.01%

Future PE

15.4x

Price in 2029

€86.03

Banco de Sabadell

Banco de Sabadell to shower investors in 2026 with up to 0.64€/share dividends

Concrete return plan: management unveiled a strategic plan to distribute €6.3 billion to shareholders between 2025–2027 (cash dividends + buybacks). comunicacion.grupbancsabadell.com • Ordinary dividend guidance: the bank says ordinary cash dividends for 2025, 2026 and 2027 will exceed the 2024 gross dividend of €0.2044 per share (so market should expect >€0.2044 in 2026, per the plan).Read more

€3.6

11.1% undervalued

RRM's

Fair Value

Revenue

10.47% p.a.

Profit Margin

31.78%

Future PE

8.87x

Price in 2030

€5.65

Laboratorio Reig Jofre

Laboratorio Reig Jofre will experience a revenue boost of 8.51%

Situación financiera sólida : Patrimonio neto > 60% del balance, deuda controlada. Beneficio coyunturalmente bajo : impacto no estructural.Read more

€3.29

18.8% undervalued

Janpeo's

Fair Value

Revenue

12.01% p.a.

Profit Margin

1.89%

Future PE

37.12x

Price in 2029

€4.09

Industria de Diseño Textil

EU#7 - From Aprons in Galicia to the World’s Most Efficient Fashion Machine

Inditex: From Aprons in Galicia to the World’s Most Efficient Fashion Machine In 1963, in the rainy port city of A Coruña in northern Spain, a young man did not dream of runways, Paris fashion weeks, or luxury branding. He was not sketching haute couture.Read more

€46.22

18.6% overvalued

Tokyo's

Fair Value

Revenue

7% p.a.

Profit Margin

16%

Future PE

25x

Price in 2031

€70.71

Solaria Energía y Medio Ambiente

Solaria – Intrinsic Value Update (March 2026)

Solaria delivered strong audited results for 2025, reporting €303M in revenue, €266M EBITDA and €137M net income. The company also reached 3.1 GW of installed capacity and continues to expand its renewable infrastructure platform.Read more

€19

3.6% undervalued

Janpeo's

Fair Value

Revenue

5.88% p.a.

Profit Margin

55.51%

Future PE

13.65x

Price in 2029

€24.44

International Consolidated Airlines Group

Reasons to Buy IAG Shares in 2025

Air travel demand is bouncing back, and International Airlines Group says it is turning that into stronger profits, more cash, and a return to rewarding shareholders. The bull case also leans on lower fuel costs, improving debt levels, and extra income from maintenance, cargo, and its loyalty program—but the full picture hinges on how long the travel boom lasts.Read more