XF9 Stock Overview

Engages in the design, development, and operation of biomethane and compressed natural gas (CNG) refueling stations in the United Kingdom and rest of Europe. More details

XF9 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Revenue is forecast to grow 38.5% per year

Revenue grew by 66.1% over the past year

Risk Analysis

Shares are highly illiquid

Less than 3 years of financial data is available

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (€900M)

Community vs My Fair Value

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ReFuels N.V. Competitors

Verbio

XTRA:VBK

€586.2m

Deutsche Rohstoff

XTRA:DR0

€177.5m

Daldrup & Söhne

XTRA:4DS

€49.6m

EnviTec Biogas

XTRA:ETG

€458.9m

Price History & Performance

Summary of share price highs, lows and changes for ReFuels
Historical stock prices
Current Share Price	NOK 1.25
52 Week High	NOK 1.26
52 Week Low	NOK 1.15
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	19.05%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	XF9	DE Oil and Gas	DE Market
7D	-0.8%	1.2%	-3.5%
1Y	n/a	7.6%	13.6%

Return vs Industry: Insufficient data to determine how XF9 performed against the German Oil and Gas industry.

Return vs Market: Insufficient data to determine how XF9 performed against the German Market.

Price Volatility

Is XF9's price volatile compared to industry and market?
XF9 volatility
XF9 Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	6.3%
Market Average Movement	5.4%
10% most volatile stocks in DE Market	11.9%
10% least volatile stocks in DE Market	2.7%

Stable Share Price: XF9's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine XF9's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	96	Philip Fjeld	refuels.com

ReFuels N.V. engages in the design, development, and operation of biomethane and compressed natural gas (CNG) refueling stations in the United Kingdom and rest of Europe. It is also involved in the sourcing, aggregation, and supply of renewable biomethane from producers; and dispensing of Bio-CNG into commercial vehicles, as well as generation of renewable transport fuel certificates. ReFuels N.V. was founded in 2014 and is headquartered in Amsterdam, the Netherlands.

ReFuels N.V. Fundamentals Summary

How do ReFuels's earnings and revenue compare to its market cap?
XF9 fundamental statistics
Market cap	€77.60m
Earnings (TTM)	-€37.30m
Revenue (TTM)	€161.08m

0.5x

P/S Ratio

-2.1x

P/E Ratio

Is XF9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XF9 income statement (TTM)
Revenue	UK£135.06m
Cost of Revenue	UK£127.32m
Gross Profit	UK£7.74m
Other Expenses	UK£39.01m
Earnings	-UK£31.28m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 29, 2025

Earnings per share (EPS)	-0.52
Gross Margin	5.73%
Net Profit Margin	-23.16%
Debt/Equity Ratio	35.5%

How did XF9 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/13 04:26
End of Day Share Price	2025/03/13 00:00
Earnings	2024/12/31
Annual Earnings	2024/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

ReFuels N.V. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Adam Forsyth	Longspur Clean Energy
Max Campbell	Longspur Clean Energy