NFON AG (NFN.DE) Fundamental Analysis & Valuation

FRA:NFN • DE000A0N4N52

3.44 EUR
-0.06 (-1.71%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This NFN.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

NFN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Diversified Telecommunication Services industry. The financial health of NFN is average, but there are quite some concerns on its profitability. NFN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. NFN.DE Profitability Analysis

1.1 Basic Checks

  • NFN had positive earnings in the past year.
  • In the past year NFN had a positive cash flow from operations.
  • In the past 5 years NFN reported 4 times negative net income.
  • In multiple years NFN reported negative operating cash flow during the last 5 years.
NFN.DE Yearly Net Income VS EBIT VS OCF VS FCFNFN.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 -5M -10M -15M

1.2 Ratios

  • With a Return On Assets value of 0.85%, NFN is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • The Return On Equity of NFN (1.52%) is worse than 63.33% of its industry peers.
  • NFN has a Return On Invested Capital of 3.00%. This is in the lower half of the industry: NFN underperforms 76.67% of its industry peers.
Industry RankSector Rank
ROA 0.85%
ROE 1.52%
ROIC 3%
ROA(3y)-7.58%
ROA(5y)-7.29%
ROE(3y)-10.94%
ROE(5y)-10.37%
ROIC(3y)N/A
ROIC(5y)N/A
NFN.DE Yearly ROA, ROE, ROICNFN.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400 -500

1.3 Margins

  • Looking at the Profit Margin, with a value of 0.84%, NFN is doing worse than 60.00% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 3.19%, NFN is doing worse than 73.33% of the companies in the same industry.
  • NFN's Gross Margin of 86.25% is amongst the best of the industry. NFN outperforms 90.00% of its industry peers.
  • NFN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.19%
PM (TTM) 0.84%
GM 86.25%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.75%
GM growth 5Y2.31%
NFN.DE Yearly Profit, Operating, Gross MarginsNFN.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. NFN.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NFN is destroying value.
  • NFN has about the same amout of shares outstanding than it did 1 year ago.
  • NFN has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NFN is higher compared to a year ago.
NFN.DE Yearly Shares OutstandingNFN.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
NFN.DE Yearly Total Debt VS Total AssetsNFN.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • NFN has an Altman-Z score of 0.85. This is a bad value and indicates that NFN is not financially healthy and even has some risk of bankruptcy.
  • NFN has a Altman-Z score of 0.85. This is in the lower half of the industry: NFN underperforms 66.67% of its industry peers.
  • NFN has a debt to FCF ratio of 3.66. This is a good value and a sign of high solvency as NFN would need 3.66 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.66, NFN belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.29 indicates that NFN is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.29, NFN belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 3.66
Altman-Z 0.85
ROIC/WACC0.48
WACC6.29%
NFN.DE Yearly LT Debt VS Equity VS FCFNFN.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • NFN has a Current Ratio of 1.20. This is a normal value and indicates that NFN is financially healthy and should not expect problems in meeting its short term obligations.
  • NFN's Current ratio of 1.20 is amongst the best of the industry. NFN outperforms 90.00% of its industry peers.
  • NFN has a Quick Ratio of 1.20. This is a normal value and indicates that NFN is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of NFN (1.20) is better than 90.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.2
Quick Ratio 1.2
NFN.DE Yearly Current Assets VS Current LiabilitesNFN.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

More info and screens

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

4

3. NFN.DE Growth Analysis

3.1 Past

  • The earnings per share for NFN have decreased strongly by -46.90% in the last year.
  • NFN shows a small growth in Revenue. In the last year, the Revenue has grown by 4.89%.
  • The Revenue has been growing by 8.86% on average over the past years. This is quite good.
EPS 1Y (TTM)-46.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-28.57%
Revenue 1Y (TTM)4.89%
Revenue growth 3Y4.79%
Revenue growth 5Y8.86%
Sales Q2Q%0.34%

3.2 Future

  • NFN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.07% yearly.
  • The Revenue is expected to grow by 5.89% on average over the next years.
EPS Next Y12.21%
EPS Next 2Y24.03%
EPS Next 3Y41.07%
EPS Next 5YN/A
Revenue Next Year3.27%
Revenue Next 2Y4.28%
Revenue Next 3Y5.89%
Revenue Next 5YN/A

3.3 Evolution

  • 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.
NFN.DE Yearly Revenue VS EstimatesNFN.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
NFN.DE Yearly EPS VS EstimatesNFN.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 -0.4 -0.6 -0.8

More info and screens

Find the best growth stocksShow best growing peers

2

4. NFN.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 68.80, the valuation of NFN can be described as expensive.
  • Based on the Price/Earnings ratio, NFN is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, NFN is valued quite expensively.
  • NFN is valuated quite expensively with a Price/Forward Earnings ratio of 25.55.
  • 63.33% of the companies in the same industry are cheaper than NFN, based on the Price/Forward Earnings ratio.
  • NFN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 68.8
Fwd PE 25.55
NFN.DE Price Earnings VS Forward Price EarningsNFN.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as NFN.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NFN indicates a somewhat cheap valuation: NFN is cheaper than 76.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 9.82
EV/EBITDA 6.27
NFN.DE Per share dataNFN.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NFN does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as NFN's earnings are expected to grow with 41.07% in the coming years.
PEG (NY)5.64
PEG (5Y)N/A
EPS Next 2Y24.03%
EPS Next 3Y41.07%

More info and screens

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

0

5. NFN.DE Dividend Analysis

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

NFN.DE Fundamentals: All Metrics, Ratios and Statistics

NFON AG

FRA:NFN (3/6/2026, 7:00:00 PM)

3.44

-0.06 (-1.71%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-26
Earnings (Next)05-21
Inst Owners85.76%
Inst Owner ChangeN/A
Ins Owners4%
Ins Owner ChangeN/A
Market Cap56.97M
Revenue(TTM)89.06M
Net Income(TTM)750.00K
Analysts77.5
Price Target9.46 (175%)
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)-6.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-45.21%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.65%
Revenue NY rev (3m)-2.86%
Valuation
Industry RankSector Rank
PE 68.8
Fwd PE 25.55
P/S 0.64
P/FCF 9.82
P/OCF 6.21
P/B 1.15
P/tB N/A
EV/EBITDA 6.27
EPS(TTM)0.05
EY1.45%
EPS(NY)0.13
Fwd EY3.91%
FCF(TTM)0.35
FCFY10.18%
OCF(TTM)0.55
OCFY16.11%
SpS5.38
BVpS2.99
TBVpS-0.08
PEG (NY)5.64
PEG (5Y)N/A
Graham Number1.83
Profitability
Industry RankSector Rank
ROA 0.85%
ROE 1.52%
ROCE 4.27%
ROIC 3%
ROICexc 3.66%
ROICexgc 51.43%
OM 3.19%
PM (TTM) 0.84%
GM 86.25%
FCFM 6.51%
ROA(3y)-7.58%
ROA(5y)-7.29%
ROE(3y)-10.94%
ROE(5y)-10.37%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.75%
GM growth 5Y2.31%
F-Score5
Asset Turnover1.01
Health
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 3.66
Debt/EBITDA 1.35
Cap/Depr 43.12%
Cap/Sales 3.79%
Interest Coverage 250
Cash Conversion 86.01%
Profit Quality 773.33%
Current Ratio 1.2
Quick Ratio 1.2
Altman-Z 0.85
F-Score5
WACC6.29%
ROIC/WACC0.48
Cap/Depr(3y)81.01%
Cap/Depr(5y)107.99%
Cap/Sales(3y)7.04%
Cap/Sales(5y)8.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-28.57%
EPS Next Y12.21%
EPS Next 2Y24.03%
EPS Next 3Y41.07%
EPS Next 5YN/A
Revenue 1Y (TTM)4.89%
Revenue growth 3Y4.79%
Revenue growth 5Y8.86%
Sales Q2Q%0.34%
Revenue Next Year3.27%
Revenue Next 2Y4.28%
Revenue Next 3Y5.89%
Revenue Next 5YN/A
EBIT growth 1Y20.87%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year512.22%
EBIT Next 3Y92.91%
EBIT Next 5YN/A
FCF growth 1Y626.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y32.39%
OCF growth 3YN/A
OCF growth 5YN/A

NFON AG / NFN.DE FAQ

Can you provide the ChartMill fundamental rating for NFON AG?

ChartMill assigns a fundamental rating of 3 / 10 to NFN.DE.


What is the valuation status for NFN stock?

ChartMill assigns a valuation rating of 2 / 10 to NFON AG (NFN.DE). This can be considered as Overvalued.


Can you provide the profitability details for NFON AG?

NFON AG (NFN.DE) has a profitability rating of 2 / 10.


How financially healthy is NFON AG?

The financial health rating of NFON AG (NFN.DE) is 5 / 10.


What is the earnings growth outlook for NFON AG?

The Earnings per Share (EPS) of NFON AG (NFN.DE) is expected to grow by 12.21% in the next year.