BINECT AG (MA10.DE) Stock Fundamental Analysis

FRA:MA10 • DE000A3H2135

1.49 EUR
+0.02 (+1.36%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to MA10. MA10 was compared to 114 industry peers in the Capital Markets industry. MA10 has a great financial health rating, but its profitability evaluates not so good. MA10 is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • MA10 had positive earnings in the past year.
  • In the past year MA10 had a positive cash flow from operations.
  • MA10 had positive earnings in each of the past 5 years.
  • Of the past 5 years MA10 4 years had a positive operating cash flow.
MA10.DE Yearly Net Income VS EBIT VS OCF VS FCFMA10.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5M -10M

1.2 Ratios

  • MA10 has a Return On Assets of 1.35%. This is comparable to the rest of the industry: MA10 outperforms 53.51% of its industry peers.
  • With a Return On Equity value of 1.86%, MA10 perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
  • MA10 has a Return On Invested Capital (0.79%) which is in line with its industry peers.
  • MA10 had an Average Return On Invested Capital over the past 3 years of 1.66%. This is significantly below the industry average of 8.85%.
Industry RankSector Rank
ROA 1.35%
ROE 1.86%
ROIC 0.79%
ROA(3y)0.91%
ROA(5y)1.82%
ROE(3y)1.29%
ROE(5y)2.33%
ROIC(3y)1.66%
ROIC(5y)1.77%
MA10.DE Yearly ROA, ROE, ROICMA10.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • MA10's Profit Margin of 0.72% is in line compared to the rest of the industry. MA10 outperforms 41.23% of its industry peers.
  • MA10's Profit Margin has declined in the last couple of years.
  • MA10 has a Operating Margin of 0.48%. This is comparable to the rest of the industry: MA10 outperforms 50.00% of its industry peers.
  • MA10's Operating Margin has declined in the last couple of years.
  • The Gross Margin of MA10 (26.73%) is comparable to the rest of the industry.
  • MA10's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 0.48%
PM (TTM) 0.72%
GM 26.73%
OM growth 3Y-61.21%
OM growth 5YN/A
PM growth 3Y-25.08%
PM growth 5YN/A
GM growth 3Y-15.4%
GM growth 5Y-15.92%
MA10.DE Yearly Profit, Operating, Gross MarginsMA10.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

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9

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, MA10 has about the same amount of shares outstanding.
  • Compared to 5 years ago, MA10 has more shares outstanding
  • The debt/assets ratio for MA10 has been reduced compared to a year ago.
MA10.DE Yearly Shares OutstandingMA10.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M
MA10.DE Yearly Total Debt VS Total AssetsMA10.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

2.2 Solvency

  • MA10 has an Altman-Z score of 3.19. This indicates that MA10 is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of MA10 (3.19) is better than 83.33% of its industry peers.
  • The Debt to FCF ratio of MA10 is 1.80, which is an excellent value as it means it would take MA10, only 1.80 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.80, MA10 belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
  • A Debt/Equity ratio of 0.05 indicates that MA10 is not too dependend on debt financing.
  • MA10 has a better Debt to Equity ratio (0.05) than 84.21% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 1.8
Altman-Z 3.19
ROIC/WACCN/A
WACCN/A
MA10.DE Yearly LT Debt VS Equity VS FCFMA10.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M 10M 15M 20M

2.3 Liquidity

  • A Current Ratio of 2.30 indicates that MA10 has no problem at all paying its short term obligations.
  • MA10's Current ratio of 2.30 is amongst the best of the industry. MA10 outperforms 83.33% of its industry peers.
  • MA10 has a Quick Ratio of 2.25. This indicates that MA10 is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 2.25, MA10 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.3
Quick Ratio 2.25
MA10.DE Yearly Current Assets VS Current LiabilitesMA10.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • MA10 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 160.14%, which is quite impressive.
  • MA10 shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.66% yearly.
  • Looking at the last year, MA10 shows a very strong growth in Revenue. The Revenue has grown by 33.76%.
  • The Revenue has been growing by 18.78% on average over the past years. This is quite good.
EPS 1Y (TTM)160.14%
EPS 3Y-3.66%
EPS 5YN/A
EPS Q2Q%62.08%
Revenue 1Y (TTM)33.76%
Revenue growth 3Y27.54%
Revenue growth 5Y18.78%
Sales Q2Q%19.59%

3.2 Future

  • Based on estimates for the next years, MA10 will show a very strong growth in Earnings Per Share. The EPS will grow by 56.29% on average per year.
  • The Revenue is expected to grow by 5.76% on average over the next years.
EPS Next Y133.33%
EPS Next 2Y73.21%
EPS Next 3Y58.74%
EPS Next 5Y56.29%
Revenue Next Year13.02%
Revenue Next 2Y8.97%
Revenue Next 3Y7.72%
Revenue Next 5Y5.76%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
MA10.DE Yearly Revenue VS EstimatesMA10.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5M 10M 15M 20M 25M
MA10.DE Yearly EPS VS EstimatesMA10.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2022 2023 2024 2025 2026 2027 2028 0 -0.5 -1 -1.5 -2

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • MA10 is valuated quite expensively with a Price/Earnings ratio of 29.80.
  • MA10's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 27.05. MA10 is around the same levels.
  • MA10 is valuated correctly with a Price/Forward Earnings ratio of 16.23.
  • 70.18% of the companies in the same industry are more expensive than MA10, based on the Price/Forward Earnings ratio.
  • MA10 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 29.8
Fwd PE 16.23
MA10.DE Price Earnings VS Forward Price EarningsMA10.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MA10 indicates a rather cheap valuation: MA10 is cheaper than 95.61% of the companies listed in the same industry.
  • 85.96% of the companies in the same industry are more expensive than MA10, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.7
EV/EBITDA 3.64
MA10.DE Per share dataMA10.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • MA10's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as MA10's earnings are expected to grow with 58.74% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y73.21%
EPS Next 3Y58.74%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • MA10 does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BINECT AG

FRA:MA10 (2/24/2026, 7:00:00 PM)

1.49

+0.02 (+1.36%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners0.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.80M
Revenue(TTM)22.76M
Net Income(TTM)163.90K
Analysts82.86
Price Target4.03 (170.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 29.8
Fwd PE 16.23
P/S 0.21
P/FCF 14.7
P/OCF 7.42
P/B 0.54
P/tB 1.73
EV/EBITDA 3.64
EPS(TTM)0.05
EY3.36%
EPS(NY)0.09
Fwd EY6.16%
FCF(TTM)0.1
FCFY6.8%
OCF(TTM)0.2
OCFY13.47%
SpS7.07
BVpS2.74
TBVpS0.86
PEG (NY)0.22
PEG (5Y)N/A
Graham Number1.76
Profitability
Industry RankSector Rank
ROA 1.35%
ROE 1.86%
ROCE 1.13%
ROIC 0.79%
ROICexc 1.03%
ROICexgc 5.37%
OM 0.48%
PM (TTM) 0.72%
GM 26.73%
FCFM 1.43%
ROA(3y)0.91%
ROA(5y)1.82%
ROE(3y)1.29%
ROE(5y)2.33%
ROIC(3y)1.66%
ROIC(5y)1.77%
ROICexc(3y)2.19%
ROICexc(5y)2.33%
ROICexgc(3y)12.44%
ROICexgc(5y)19.7%
ROCE(3y)2.36%
ROCE(5y)2.52%
ROICexgc growth 3Y-48.71%
ROICexgc growth 5YN/A
ROICexc growth 3Y-52.52%
ROICexc growth 5YN/A
OM growth 3Y-61.21%
OM growth 5YN/A
PM growth 3Y-25.08%
PM growth 5YN/A
GM growth 3Y-15.4%
GM growth 5Y-15.92%
F-Score7
Asset Turnover1.88
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 1.8
Debt/EBITDA 0.52
Cap/Depr 42.73%
Cap/Sales 1.41%
Interest Coverage 5.21
Cash Conversion 75.23%
Profit Quality 199.09%
Current Ratio 2.3
Quick Ratio 2.25
Altman-Z 3.19
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)157.94%
Cap/Depr(5y)129.01%
Cap/Sales(3y)5.35%
Cap/Sales(5y)4.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)160.14%
EPS 3Y-3.66%
EPS 5YN/A
EPS Q2Q%62.08%
EPS Next Y133.33%
EPS Next 2Y73.21%
EPS Next 3Y58.74%
EPS Next 5Y56.29%
Revenue 1Y (TTM)33.76%
Revenue growth 3Y27.54%
Revenue growth 5Y18.78%
Sales Q2Q%19.59%
Revenue Next Year13.02%
Revenue Next 2Y8.97%
Revenue Next 3Y7.72%
Revenue Next 5Y5.76%
EBIT growth 1Y602.28%
EBIT growth 3Y-50.53%
EBIT growth 5YN/A
EBIT Next Year700%
EBIT Next 3Y122.4%
EBIT Next 5Y84.35%
FCF growth 1Y230.76%
FCF growth 3YN/A
FCF growth 5Y-8.14%
OCF growth 1Y-44.37%
OCF growth 3YN/A
OCF growth 5Y-1.86%

BINECT AG / MA10.DE FAQ

What is the fundamental rating for MA10 stock?

ChartMill assigns a fundamental rating of 6 / 10 to MA10.DE.


What is the valuation status of BINECT AG (MA10.DE) stock?

ChartMill assigns a valuation rating of 6 / 10 to BINECT AG (MA10.DE). This can be considered as Fairly Valued.


How profitable is BINECT AG (MA10.DE) stock?

BINECT AG (MA10.DE) has a profitability rating of 3 / 10.


What are the PE and PB ratios of BINECT AG (MA10.DE) stock?

The Price/Earnings (PE) ratio for BINECT AG (MA10.DE) is 29.8 and the Price/Book (PB) ratio is 0.54.