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freenet AGXTRA:FNTN Stock Report

Market Cap €3.0b
Share Price
€25.70
€29.08
11.6% undervalued intrinsic discount
1Y-12.5%
7D-1.8%
1D
Portfolio Value
View

freenet AG

XTRA:FNTN Stock Report

Market Cap: €3.0b

freenet (FNTN) Stock Overview

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. More details

FNTN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

FNTN Community Fair Values

Create Narrative

See what 35 others think this stock is worth. Follow their fair value or set your own to get alerts.

freenet AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for freenet
Historical stock prices
Current Share Price€25.70
52 Week High€33.92
52 Week Low€24.98
Beta0.28
1 Month Change-4.81%
3 Month Change-16.40%
1 Year Change-12.47%
3 Year Change9.83%
5 Year Change13.52%
Change since IPO-11.38%

Recent News & Updates

Narrative Update Apr 28

FNTN: Future Returns Will Depend On Dividend Payouts And Execution Versus Cautious Street Revisions

Analysts have slightly reduced their fair value estimate for freenet from €29.72 to €29.08. This adjustment reflects a series of recent price target cuts and more cautious expectations for margins, even though revenue and P/E assumptions have been updated.
Narrative Update Apr 12

FNTN: Future Returns Will Depend On Dividend Payouts And Execution Risks

Analysts have lowered the fair value estimate for freenet from €30.44 to €29.72, reflecting the recent mix of reduced price targets around €28.50 to €29 and more cautious ratings from several research houses. Analyst Commentary Recent research has turned more cautious on freenet, with rating cuts and price targets clustering around the high €20s.

Recent updates

Narrative Update Apr 28

FNTN: Future Returns Will Depend On Dividend Payouts And Execution Versus Cautious Street Revisions

Analysts have slightly reduced their fair value estimate for freenet from €29.72 to €29.08. This adjustment reflects a series of recent price target cuts and more cautious expectations for margins, even though revenue and P/E assumptions have been updated.
Narrative Update Apr 12

FNTN: Future Returns Will Depend On Dividend Payouts And Execution Risks

Analysts have lowered the fair value estimate for freenet from €30.44 to €29.72, reflecting the recent mix of reduced price targets around €28.50 to €29 and more cautious ratings from several research houses. Analyst Commentary Recent research has turned more cautious on freenet, with rating cuts and price targets clustering around the high €20s.
Narrative Update Mar 29

FNTN: Future Returns Will Hinge On Rich Dividend Sustainability

Narrative update on freenet The analyst price target for freenet has eased by about €0.55, as analysts factor in recent downgrades to Hold and Sell alongside updated assumptions around revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent research points to a more cautious stance on freenet, with some price targets still above current trading levels while ratings have shifted toward Hold and Sell.
Narrative Update Mar 13

FNTN: Future Returns Will Reflect Rich Dividend And Execution Risk Repricing

Analysts have trimmed their fair value estimate for freenet by about €0.27 to €30.98. This reflects a mix of recent downgrades from DZ Bank and UBS, alongside updated views on growth, margins and future P/E assumptions.
Narrative Update Feb 26

FNTN: Future Returns Will Reflect Higher Fair Value Despite Margin Concerns

Narrative Update on Freenet Analysts have nudged their fair value estimate for freenet slightly higher to about €31.25. They cite a mix of updated revenue growth expectations, a modestly lower profit margin outlook, and a slightly adjusted future P/E assumption that aligns with recent changes in published price targets, including moves around €28.50 and incremental €0.70 revisions.
New Narrative Feb 12

AI First Telco Investments And ARPU Pressure Will Limit Long Term Upside

Catalysts About freenet freenet operates a German telecom and TV platform business with mobile brands and the waipu.tv IPTV service. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 11

FNTN: Future Share Performance Will Reflect Slightly Higher P/E And Discount Rate Assumptions

Analysts have nudged their price target on freenet up by €0.70, reflecting updated assumptions on discount rates and future P/E multiples, supported by recent Street research that reiterates a slightly higher valuation range. Analyst Commentary Recent research points to a slightly higher valuation range for freenet, reflected in a €0.70 increase in the price target.
Narrative Update Jan 27

FNTN: Future Share Performance Will Reflect Fine Tuned Earnings Multiple Assumptions

Analysts have lowered their fair value estimate for freenet from €31.55 to about €31.06. The revision reflects updated assumptions that weigh a modestly lower future P/E multiple against slightly adjusted expectations for revenue growth and profit margins.
Narrative Update Jan 12

FNTN: Future Share Performance Will Reflect Stable Cash And Measured Assumptions Adjustments

Analysts have slightly reduced their price target for freenet to €31.55 from €31.77, citing updated assumptions that combine modestly higher revenue growth with a very small adjustment to profit margin and future P/E expectations. Valuation Changes Fair Value: Trimmed slightly from €31.77 to €31.55, reflecting a very small downward adjustment in the model output.
Narrative Update Dec 14

FNTN: Future Share Performance Will Benefit From Stable Cash Generation

Analysts have trimmed their price target on freenet slightly, to EUR 38 from EUR 39, reflecting modestly higher revenue growth expectations but slightly lower profit margin forecasts and a small downward revision in estimated fair value. Analyst Commentary Analysts see the slight reduction in the price target as a fine tuning of their valuation model rather than a fundamental shift in their view of freenet's long term prospects, balancing improved top line expectations with more cautious assumptions on profitability.
Narrative Update Nov 30

FNTN: Share Performance Will Benefit From Stable Revenues And Improved Margins

Analysts have slightly reduced their price target for freenet from €39 to €38, citing updated forecasts for key valuation metrics while maintaining a positive outlook on the company's shares. Analyst Commentary Analysts have updated their views on freenet, reflecting both optimism about the company’s outlook and some caution regarding potential challenges to its valuation and growth trajectory.
Narrative Update Nov 15

FNTN: Market Confidence Will Continue Supporting Share Performance Amid Mild Near-Term Adjustments

Freenet's analyst price target saw a slight decrease, dropping from approximately €32.03 to €31.85. Analysts cite minor adjustments in growth and discount rate assumptions following recent updates from major research firms.
Analysis Article Nov 04

Is freenet (ETR:FNTN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Oct 31

FNTN: Core Business Stability And Share Buyback Will Drive Medium-Term Value

Narrative Update on Analyst Price Target for Freenet The consensus analyst price target for Freenet has seen a modest adjustment as analysts updated their valuations in light of fresh research. Deutsche Bank lowered its target to EUR 38, while Barclays raised theirs to EUR 34.
Narrative Update Oct 17

AI And Digital Diversification Will Unlock Future Value

Analysts have adjusted Freenet's price target slightly downward, reflecting updated revenue growth estimates and nuanced outlooks from recent research. The new targets now range from €34 to €38.
Analysis Article Oct 08

Improved Earnings Required Before freenet AG (ETR:FNTN) Shares Find Their Feet

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") above 19x, you may consider...
Narrative Update Oct 03

AI And Digital Diversification Will Unlock Future Value

Freenet's analyst price target was adjusted slightly downward to €32.03 from €32.94, reflecting more modest revenue growth expectations. Analysts continue to highlight ongoing profitability strength.
Analysis Article Jul 14

freenet (ETR:FNTN) Seems To Use Debt Rather Sparingly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 25

Insufficient Growth At freenet AG (ETR:FNTN) Hampers Share Price

With a price-to-earnings (or "P/E") ratio of 14.3x freenet AG ( ETR:FNTN ) may be sending bullish signals at the...
Analysis Article Apr 02

Is freenet AG (ETR:FNTN) Trading At A 50% Discount?

Key Insights The projected fair value for freenet is €70.97 based on 2 Stage Free Cash Flow to Equity freenet's €35.74...
Analysis Article Mar 10

We Think freenet (ETR:FNTN) Can Manage Its Debt With Ease

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 05

freenet AG (ETR:FNTN) Looks Inexpensive But Perhaps Not Attractive Enough

With a price-to-earnings (or "P/E") ratio of 12.1x freenet AG ( ETR:FNTN ) may be sending bullish signals at the...
User avatar
New Narrative Dec 23

Partnerships With Telefónica And Disney+ Propel 5G And IPTV Growth, Boosting Future Earnings

New MNO contracts and 5G capabilities drive growth, promising increased future revenue streams in the mobile segment.
Analysis Article Dec 15

Investors Will Want freenet's (ETR:FNTN) Growth In ROCE To Persist

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Oct 06

Investors Aren't Buying freenet AG's (ETR:FNTN) Earnings

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") above 17x, you may consider...
Analysis Article Aug 28

There's Been No Shortage Of Growth Recently For freenet's (ETR:FNTN) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Aug 10

Earnings Miss: freenet AG Missed EPS By 31% And Analysts Are Revising Their Forecasts

freenet AG ( ETR:FNTN ) missed earnings with its latest second-quarter results, disappointing overly-optimistic...
Analysis Article Aug 09

Is freenet (ETR:FNTN) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 23

There's Been No Shortage Of Growth Recently For freenet's (ETR:FNTN) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article May 01

freenet AG's (ETR:FNTN) P/E Is On The Mark

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysis Article Apr 03

Statutory Profit Doesn't Reflect How Good freenet's (ETR:FNTN) Earnings Are

Even though freenet AG's ( ETR:FNTN ) recent earnings release was robust, the market didn't seem to notice. We think...
Analysis Article Mar 14

freenet (ETR:FNTN) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 26

Slowing Rates Of Return At freenet (ETR:FNTN) Leave Little Room For Excitement

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 03

Is freenet AG (ETR:FNTN) Trading At A 43% Discount?

Key Insights freenet's estimated fair value is €45.60 based on 2 Stage Free Cash Flow to Equity freenet's €26.20 share...
Analysis Article Sep 26

Investors Met With Slowing Returns on Capital At freenet (ETR:FNTN)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Aug 31

Here's Why freenet (ETR:FNTN) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 12

Are Investors Undervaluing freenet AG (ETR:FNTN) By 50%?

Key Insights freenet's estimated fair value is €45.24 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Jun 24

Capital Allocation Trends At freenet (ETR:FNTN) Aren't Ideal

What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...
Analysis Article Apr 05

freenet's (ETR:FNTN) Upcoming Dividend Will Be Larger Than Last Year's

The board of freenet AG ( ETR:FNTN ) has announced that it will be paying its dividend of €1.68 on the 23rd of May, an...
Analysis Article Apr 02

What Is freenet AG's (ETR:FNTN) Share Price Doing?

freenet AG ( ETR:FNTN ), is not the largest company out there, but it saw a decent share price growth in the teens...
Analysis Article Mar 14

Investors Met With Slowing Returns on Capital At freenet (ETR:FNTN)

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Feb 26

freenet (ETR:FNTN) Will Pay A Larger Dividend Than Last Year At €1.68

The board of freenet AG ( ETR:FNTN ) has announced that it will be increasing its dividend by 7.0% on the 23rd of May...
Analysis Article Jan 18

These 4 Measures Indicate That freenet (ETR:FNTN) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 30

Returns At freenet (ETR:FNTN) Are On The Way Up

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Sep 01

Here's Why freenet (ETR:FNTN) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

FNTNDE Wireless TelecomDE Market
7D-1.8%-3.8%0.6%
1Y-12.5%39.5%0.2%

Return vs Industry: FNTN underperformed the German Wireless Telecom industry which returned 39.5% over the past year.

Return vs Market: FNTN underperformed the German Market which returned 0.2% over the past year.

Price Volatility

Is FNTN's price volatile compared to industry and market?
FNTN volatility
FNTN Average Weekly Movement5.5%
Wireless Telecom Industry Average Movement3.5%
Market Average Movement6.1%
10% most volatile stocks in DE Market13.2%
10% least volatile stocks in DE Market2.7%

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

Volatility Over Time: FNTN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20052,787Robin John Harrieswww.freenet.ag

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in marketing mobile communications services, which include voice and data services from the mobile network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offering additional services for mobile data communications and digital lifestyle.

freenet AG Fundamentals Summary

How do freenet's earnings and revenue compare to its market cap?
FNTN fundamental statistics
Market cap€3.04b
Earnings (TTM)€258.70m
Revenue (TTM)€2.62b
11.6x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNTN income statement (TTM)
Revenue€2.62b
Cost of Revenue€1.85b
Gross Profit€779.30m
Other Expenses€520.60m
Earnings€258.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 12, 2026

Earnings per share (EPS)2.22
Gross Margin29.70%
Net Profit Margin9.86%
Debt/Equity Ratio28.7%

How did FNTN perform over the long term?

See historical performance and comparison

Dividends

8.1%
Current Dividend Yield
94%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 20:11
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
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

freenet AG is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mathieu RobilliardBarclays
Usman GhaziBerenberg
Shekhan AliBerenberg