Van Lanschot Kempen

Digital Competition And European Regulations Will Hinder Performance

AnalystLowTarget

Not Invested

Consensus Narrative from 2 Analysts

Published

13 Jul 25

AnalystLowTarget's Fair Value

€44.50

12.4% overvalued

04 Sep

€50.00

25.3%

-4.2%

25.3%

-4.2%

Edit anytime before Jul 13 10:43 PM. Then post Updates to your followers.

Author's Valuation

€44.5

12.4% overvalued

AnalystLowTarget Fair Value

Narrative

Updates0

AnalystLowTarget Fair Value

€44.5

12.4% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

4.34%

Capital Markets revenue growth rate

0.27%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.77%

Calculation

€154.50m

Earnings '28

15.53x

PE Ratio '28

€2.40b

Market Cap '28

€2.40b

Market Cap '28

42.52m

No. shares '28

€56.44

Share Price '28

€56.44 Share Price '28

Discounted to 2025 @ 8.69% p.a.

€43.96

Fair Value '25