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Frequentis AGXTRA:FQT Stock Report

Market Cap €936.9m
Share Price
€70.60
€76.91
8.2% undervalued intrinsic discount
1Y61.2%
7D0.6%
1D
Portfolio Value
View

Frequentis AG

XTRA:FQT Stock Report

Market Cap: €936.9m

Frequentis (FQT) Stock Overview

Develops and markets communication and information systems for safety-critical control centers in Europe, North America, Asia, Australia, South America, Middle East, Africa, and worldwide. More details

FQT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends0/6

FQT Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

Frequentis AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Frequentis
Historical stock prices
Current Share Price€70.60
52 Week High€102.00
52 Week Low€43.40
Beta0.34
1 Month Change-4.47%
3 Month Change-5.36%
1 Year Change61.19%
3 Year Change136.12%
5 Year Change182.40%
Change since IPO303.43%

Recent News & Updates

Narrative Update May 02

FQT: Dividend Plans And Acquisition Strategy Will Support Balanced Fair Value

Analysts have raised their price target for Frequentis from €65.00 to €72.24, citing updated fair value assumptions and revised views on revenue growth, profit margins and future P/E multiples. What's in the News Frequentis AG announced an annual dividend of €0.30 per share, payable on June 29, 2026, with an ex-dividend date of June 24, 2026 and record date of June 25, 2026 (Key Developments).
Narrative Update Apr 17

FQT: Higher Margin Outlook And Dividend Capacity Will Support Future Upside

Analysts have lifted their price target for Frequentis from €81 to €89, citing updated assumptions that include a slightly lower discount rate, adjusted revenue growth expectations, a higher projected profit margin and a reduced future P/E multiple. What's in the News The Executive Board plans to propose a dividend of €0.30 per share for the 2025 financial year to the Annual General Meeting, subject to Supervisory Board approval (Key Developments).

Recent updates

Narrative Update May 02

FQT: Dividend Plans And Acquisition Strategy Will Support Balanced Fair Value

Analysts have raised their price target for Frequentis from €65.00 to €72.24, citing updated fair value assumptions and revised views on revenue growth, profit margins and future P/E multiples. What's in the News Frequentis AG announced an annual dividend of €0.30 per share, payable on June 29, 2026, with an ex-dividend date of June 24, 2026 and record date of June 25, 2026 (Key Developments).
Narrative Update Apr 17

FQT: Higher Margin Outlook And Dividend Capacity Will Support Future Upside

Analysts have lifted their price target for Frequentis from €81 to €89, citing updated assumptions that include a slightly lower discount rate, adjusted revenue growth expectations, a higher projected profit margin and a reduced future P/E multiple. What's in the News The Executive Board plans to propose a dividend of €0.30 per share for the 2025 financial year to the Annual General Meeting, subject to Supervisory Board approval (Key Developments).
Narrative Update Apr 03

FQT: Updated Model Assumptions Will Support Balanced View On Future Returns

Analysts have raised their price target for Frequentis from €67.49 to €76.91, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What's in the News The Executive Board of Frequentis AG plans to propose a dividend of €0.30 per share for the 2025 financial year to the Annual General Meeting for approval, subject to Supervisory Board consent (Key Developments).
Narrative Update Mar 20

FQT: Higher Dividend Proposal Will Reinforce Ongoing Overvaluation Risk

Analysts have maintained their price target for Frequentis at €65.00. They cite only minor adjustments in assumptions for the discount rate, revenue growth, profit margin and future P/E ratio as the reasons for keeping their view unchanged.
Narrative Update Mar 06

FQT: Higher Revenue Outlook And Richer Future P/E May Unlock Upside

Analysts have raised their price target on Frequentis from €70 to €81, citing updated assumptions on revenue growth, profit margins, discount rate, and future P/E as the main factors behind this revision. Valuation Changes Fair Value: The price target fair value has been revised from €70.0 to €81.0, representing a clear step up in the implied valuation range.
Narrative Update Feb 20

FQT: Higher Future P/E Multiple Will Signal Rising Overvaluation Risk

Analysts have lifted their price target on Frequentis from €53.94 to €65.00, citing updated assumptions for revenue growth, profit margins, the discount rate, and a higher future P/E multiple as the key drivers behind the new view. Valuation Changes Fair Value: updated from €53.94 to €65.00, representing a clear step up in the implied valuation range.
Analysis Article Feb 07

Frequentis (ETR:FQT) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Narrative Update Feb 05

FQT: Richer Future P/E Multiple Will Signal Rising Overvaluation Risk

Analysts have lifted their price target on Frequentis from €43.00 to about €53.94, reflecting updated assumptions around higher forecast revenue growth, a slightly lower discount rate and a modestly higher future P/E multiple, partially offset by softer expected profit margins. Valuation Changes The fair value estimate was raised from €43.00 to €53.94, indicating a higher assessed value per share in the model.
Narrative Update Jan 22

FQT: Stable Assumptions Will Sustain Cautious Stance On Stretched Valuation

Analysts have kept their fair value estimate for Frequentis steady at €67.49. Only slight tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions have driven this unchanged target.
Analysis Article Jan 22

Frequentis AG (ETR:FQT) Not Lagging Market On Growth Or Pricing

Frequentis AG's ( ETR:FQT ) price-to-earnings (or "P/E") ratio of 55.6x might make it look like a strong sell right now...
Narrative Update Jan 08

FQT: Steady Assumptions Will Sustain Cautious View Of Elevated Share Price

Analysts have kept their price target on Frequentis broadly steady around €67.49, with the slight adjustment explained by updated assumptions for the discount rate, revenue growth, profit margin and future P/E rather than any sharp change in the investment case. Valuation Changes Fair Value: Model fair value per share is unchanged at €67.49.
Narrative Update Dec 21

FQT: Share Buyback And Stable Outlook Will Support Balanced Future Prospects

Analysts have nudged their price target for Frequentis modestly higher to reflect a slightly increased discount rate and stable long term growth and margin expectations, resulting in an updated fair value estimate of $67.49. What's in the News Frequentis AG has commenced a share repurchase program starting September 22, 2025, following shareholder approval at the June 6, 2024 Annual General Meeting.
Narrative Update Dec 07

FQT: Index Inclusion And Share Buybacks Will Support A Stable Outlook

Analysts have modestly raised their price target for Frequentis to approximately $67.49 per share, citing slightly higher assumed discount rates and marginally improved long term growth and profitability expectations. What's in the News Frequentis AG has been added to the S&P Global BMI Index, potentially increasing the company’s visibility among international investors (index announcement).
Narrative Update Nov 23

FQT: Share Repurchase Authorization And Index Inclusion Will Support Steady Outlook

Analysts have maintained their price target for Frequentis at €67.49. They note that minor adjustments to projected cost of capital and earnings growth do not materially impact their overall valuation outlook for the company.
Analysis Article Nov 23

Is There An Opportunity With Frequentis AG's (ETR:FQT) 35% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Frequentis fair value estimate is €97.53 Current share price...
Narrative Update Nov 05

FQT: Share Buyback Program Will Support Steady Outlook and Moderate Risk

Analysts have maintained their price target for Frequentis at €67.49, stating that small improvements in discount rates and profitability assumptions have balanced each other out, resulting in an unchanged valuation. What's in the News Frequentis AG will commence a share repurchase program on September 22, 2025, as authorized by shareholders during the June 2024 Annual General Meeting.
Analysis Article Oct 24

Should You Be Adding Frequentis (ETR:FQT) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Oct 22

Analysts Hold Frequentis Price Target Amid Share Buyback News and Stable Valuation Forecasts

Narrative Update on Frequentis: Analyst Price Target Change Analysts have maintained Frequentis's fair value price target at €67.49, noting that only minor updates to certain forecast assumptions were made. These changes were not significant enough to alter their overall valuation outlook.
Narrative Update Oct 08

US Air Traffic Modernization Will Transform Global Markets Despite Overvaluation

Analysts have raised their price target for Frequentis from €57.99 to €67.49. This change reflects improved revenue growth expectations, despite a slightly higher discount rate and modestly lower profit margin forecasts.
Analysis Article Sep 30

After Leaping 28% Frequentis AG (ETR:FQT) Shares Are Not Flying Under The Radar

Frequentis AG ( ETR:FQT ) shares have continued their recent momentum with a 28% gain in the last month alone. The last...
Analysis Article Sep 18

Frequentis (ETR:FQT) Seems To Use Debt Rather Sparingly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Sep 02

Slowing Rates Of Return At Frequentis (ETR:FQT) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Aug 29

US Air Traffic Modernization Will Transform Global Markets Despite Overvaluation

The upward revision in Frequentis’s consensus price target primarily reflects stronger revenue growth expectations, with projected annual revenue growth increasing from 9.1% to 10.9%, leading to an increased fair value from €51.30 to €57.98. Valuation Changes Summary of Valuation Changes for Frequentis The Consensus Analyst Price Target has significantly risen from €51.30 to €57.98.
Narrative Update Aug 15

US Air Traffic Modernization Will Transform Global Markets Despite Overvaluation

With both the discount rate and future P/E essentially unchanged, analysts have maintained their fair value estimate for Frequentis, keeping the consensus price target steady at €51.30. Valuation Changes Summary of Valuation Changes for Frequentis The Consensus Analyst Price Target remained effectively unchanged, at €51.30.
Analysis Article Jul 29

Frequentis AG's (ETR:FQT) 30% Share Price Surge Not Quite Adding Up

Despite an already strong run, Frequentis AG ( ETR:FQT ) shares have been powering on, with a gain of 30% in the last...
Analysis Article Jul 08

Is Frequentis AG (ETR:FQT) Trading At A 43% Discount?

Key Insights Frequentis' estimated fair value is €81.77 based on 2 Stage Free Cash Flow to Equity Frequentis is...
Analysis Article May 18

Frequentis (ETR:FQT) Is Increasing Its Dividend To €0.27

The board of Frequentis AG ( ETR:FQT ) has announced that it will be paying its dividend of €0.27 on the 16th of June...
Analysis Article May 07

Getting In Cheap On Frequentis AG (ETR:FQT) Is Unlikely

Frequentis AG's ( ETR:FQT ) price-to-earnings (or "P/E") ratio of 25.4x might make it look like a sell right now...
Analysis Article Apr 22

Frequentis' (ETR:FQT) Upcoming Dividend Will Be Larger Than Last Year's

Frequentis AG's ( ETR:FQT ) dividend will be increasing from last year's payment of the same period to €0.27 on 16th of...
User avatar
New Narrative Apr 13

Robust Order Pipeline And Software Focus Will Secure Long-Term Success

Strong order backlog and strategic shift towards software-centric models could drive significant top-line growth and enhance margins.
Analysis Article Mar 27

Frequentis (ETR:FQT) Will Pay A Larger Dividend Than Last Year At €0.27

The board of Frequentis AG ( ETR:FQT ) has announced that it will be paying its dividend of €0.27 on the 16th of June...
Analysis Article Mar 13

Frequentis (ETR:FQT) Will Pay A Larger Dividend Than Last Year At €0.27

The board of Frequentis AG ( ETR:FQT ) has announced that it will be increasing its dividend by 13% on the 16th of June...
Analysis Article Dec 05

Frequentis (ETR:FQT) Has Some Way To Go To Become A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article Jun 29

There's Reason For Concern Over Frequentis AG's (ETR:FQT) Price

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysis Article May 09

Frequentis (ETR:FQT) Is Increasing Its Dividend To €0.24

Frequentis AG's ( ETR:FQT ) dividend will be increasing from last year's payment of the same period to €0.24 on 14th of...
Analysis Article Apr 13

Frequentis AG Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Frequentis AG ( ETR:FQT ) released its annual result to the market. The early...
Analysis Article Apr 12

Frequentis (ETR:FQT) Is Increasing Its Dividend To €0.24

Frequentis AG's ( ETR:FQT ) dividend will be increasing from last year's payment of the same period to €0.24 on 14th of...
Analysis Article Oct 19

Returns At Frequentis (ETR:FQT) Appear To Be Weighed Down

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article May 10

Frequentis (ETR:FQT) Will Pay A Larger Dividend Than Last Year At €0.22

Frequentis AG ( ETR:FQT ) will increase its dividend from last year's comparable payment on the 7th of June to €0.22...
Analysis Article Apr 19

Analysts Just Made A Significant Upgrade To Their Frequentis AG (ETR:FQT) Forecasts

Shareholders in Frequentis AG ( ETR:FQT ) may be thrilled to learn that the analysts have just delivered a major...
Analysis Article Apr 16

Frequentis AG (ETR:FQT) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its Models

Frequentis AG ( ETR:FQT ) investors will be delighted, with the company turning in some strong numbers with its latest...
Analysis Article Mar 06

Frequentis (ETR:FQT) Has Announced That It Will Be Increasing Its Dividend To €0.22

The board of Frequentis AG ( ETR:FQT ) has announced that the dividend on 7th of June will be increased to €0.22, which...
Analysis Article Feb 15

Is Frequentis AG (ETR:FQT) Trading At A 49% Discount?

Does the February share price for Frequentis AG ( ETR:FQT ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Jun 06

Returns At Frequentis (ETR:FQT) Appear To Be Weighed Down

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

FQTDE Aerospace & DefenseDE Market
7D0.6%7.8%0.6%
1Y61.2%-15.6%0.2%

Return vs Industry: FQT exceeded the German Aerospace & Defense industry which returned -16.1% over the past year.

Return vs Market: FQT exceeded the German Market which returned -0.1% over the past year.

Price Volatility

Is FQT's price volatile compared to industry and market?
FQT volatility
FQT Average Weekly Movement8.4%
Aerospace & Defense Industry Average Movement8.8%
Market Average Movement6.1%
10% most volatile stocks in DE Market13.2%
10% least volatile stocks in DE Market2.7%

Stable Share Price: FQT has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: FQT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19472,783Norbert Haslacherwww.frequentis.com/de

Frequentis AG develops and markets communication and information systems for safety-critical control centers in Europe, North America, Asia, Australia, South America, Middle East, Africa, and worldwide. It operates through two segments, Air Traffic Management (ATM) and Public Safety & Transport. The company offers air traffic management solutions, including voice communication, network, remote digital towers, ATC towers, surveillance, aeronautical information management (AIM), and aeronautical message handling systems (AMHS) solutions, as well as ATM/unmanned traffic management integration services.

Frequentis AG Fundamentals Summary

How do Frequentis's earnings and revenue compare to its market cap?
FQT fundamental statistics
Market cap€936.87m
Earnings (TTM)€28.31m
Revenue (TTM)€580.67m
33.1x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FQT income statement (TTM)
Revenue€580.67m
Cost of Revenue€155.67m
Gross Profit€425.00m
Other Expenses€396.69m
Earnings€28.31m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 11, 2026

Earnings per share (EPS)2.13
Gross Margin73.19%
Net Profit Margin4.87%
Debt/Equity Ratio4.6%

How did FQT perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
14%
Payout Ratio

Does FQT pay a reliable dividends?

See FQT dividend history and benchmarks
When do you need to buy FQT by to receive an upcoming dividend?
Frequentis dividend dates
Ex Dividend DateJun 24 2026
Dividend Pay DateJun 29 2026
Days until Ex dividend33 days
Days until Dividend pay date38 days

Does FQT pay a reliable dividends?

See FQT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 03:47
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Frequentis AG is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel GroßjohannBankM AG
Wolfgang SpechtBerenberg
Nicole WinklerBerenberg