What Is niiio finance group AG's (ETR:NIIN) Share Price Doing?

While niiio finance group AG (ETR:NIIN) might not have the largest market cap around , it saw a double-digit share price rise of over 10% in the past couple of months on the XTRA. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Let’s take a look at niiio finance group’s outlook and value based on the most recent financial data to see if the opportunity still exists.

Check out our latest analysis for niiio finance group

Is niiio finance group Still Cheap?

According to our valuation model, niiio finance group seems to be fairly priced at around 11% below our intrinsic value, which means if you buy niiio finance group today, you’d be paying a reasonable price for it. And if you believe that the stock is really worth €0.63, then there’s not much of an upside to gain from mispricing. What's more, niiio finance group’s share price may be more stable over time (relative to the market), as indicated by its low beta.

What does the future of niiio finance group look like?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. In the upcoming year, niiio finance group's earnings are expected to increase by 64%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

What This Means For You

Are you a shareholder? NIIN’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value?

Are you a potential investor? If you’ve been keeping an eye on NIIN, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

If you'd like to know more about niiio finance group as a business, it's important to be aware of any risks it's facing. When we did our research, we found 3 warning signs for niiio finance group (1 is significant!) that we believe deserve your full attention.

If you are no longer interested in niiio finance group, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.