EN DE
Watch Laiqon AG for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Laiqon AG (LQAG) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of Laiqon AG stock €3.63, price €4.39, that is 17.3% below the price, quality 29 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services DE · ISIN DE000A12UP29

LA Laiqon AG logo Thin data Nov 10, 2026

Laiqon AG

LQAG · XETRA
Expensive, weak quality

Our calculation puts a fair price 17% below what the stock costs today.

Revenue last quarter +63% vs. a year ago.
Expensive Growth (revenue 5y +5.0 %/yr in EUR)
Moderate debt
Fair value €3.63 · Overvalued
Quality 29/100
Loss-making · -49.3% net margin (TTM)
Negative free cash flow
Trails peers (3/10)
Narrow moat 10/100 · thin data
Thin data
Estimate
Watch Laiqon AG for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€16.49 €3.51 Fair Value €3.63 Jul 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range €3.51 – €16.49 · fair‑value band €2.72 – €4.54 · the €4.39 price screens above the €3.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

Follow Laiqon in your weekly email

Every Wednesday you see whether Laiqon is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Laiqon AG develops, arranges, initiates, and markets investment products for private and institutional investors in Germany. It operates through four segments: LAIQON Asset Management; LAIQON Wealth Management; LAIQON Digital Wealth; and LAIQON Group.

Show moreShow less

The company offers managed equity, fixed-income, and mixed and single-hedge funds; and manages and supervises mandates for institutional investors.

It also provides holistic and personal asset management, as well as independent specialized allocation advice for wealthy and institutional clients, and foundations and family offices.

In addition, the company offers digital and risk-optimized investment solutions for private investors and institutional clients with the use of artificial intelligence; and engages in tokenization of assets; and financial portfolio management.

The company was formerly known as Lloyd Fonds AG. Laiqon AG was incorporated in 1995 and is headquartered in Hamburg, Germany.

Stock analysis

Laiqon AG (LQAG) currently trades at €4.39, while our estimate is €3.63, 17% below the price, so the stock looks overvalued today.

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: €2.72 (bear) to €4.54 (bull), the price of €4.39 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 29/100 (below-average quality), in the Financial Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Laiqon AG reported revenue of €35.4M in FY2025 versus €26.1M in FY2021, a compound +7.9%/yr. Reported net income was −€19.7M in FY2025.

Key figures

Market cap €106M Micro · P/S ratio 2.44 · EPS (TTM) €−1.02 · Net margin −49.3% · Return on equity −29.9% · Return on assets (EBIT) −7.1% (5-year average) · Operating margin −21.1% · Revenue (TTM) €43.9M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).

What moves the price

The share trades about 15% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −19% fair-value upside, at −17%, LQAG screens cheaper than that median.

Fair Value

Bear €2.72 Fair Value €3.63 Bull €4.54
Price €4.39 · Downside -17.3%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 29/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 5
How much profit the company makes from its sales and capital
Quality Growth 54
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 43
Debt, balance sheet and risk of trouble
Investment 87
Does it invest with discipline instead of growing at any price?
Low Volatility 67
How calm the share price moves, does not count
Price momentum 40
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 42
Distance to the 52-week high, does not count
New shares 15
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 23/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+14.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.0%
Start year 2020 (pandemic)
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
11.6% (2020) → −41.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

LQAG screens overvalued: fair value 17% below the price. Compare with Blackstone Inc →

Compare Laiqon AG with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 658 stocks

Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score 29 · Bottom 25%
Fair Value upside −17.3% · Below median
Profitability
Return on assets −13.6% · Bottom 25%
Net margin (12 months) −49.3% · Bottom 25%
Operating margin (12 months) −21.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 63.4% · Top 25%
Balance sheet
Debt / equity 0.62× · Highest 25%

Valuation Multiplesvs Asset Management median · lower = cheaper

P/B 2.00× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months) 2.41× · Cheaper than median
PEG 0.37× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)10 · sector 37
FUTURE (revenue growth)100 · sector 36
PAST (return on equity)0 · sector 23
HEALTH (low debt)69 · sector 95
DIVIDEND (yield)0 · sector 78

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Raymond James Financial, Inc RJF $168.11 $281.42 +67% vs LQAG
Apollo Global Management, Inc APO $122.74 $197.52 +61% vs LQAG
Ameriprise Financial, Inc AMP $519.96 $609.56 +17% vs LQAG
Exor N.V EXO €74.30 €76.42 +3% vs LQAG
State Street Corporation STT $171.62 $139.37 −19% vs LQAG
Ares Management Corporation ARES $139.41 $99.35 −29% vs LQAG
Northern Trust Corporation NTRS $177.89 $123.42 −31% vs LQAG
Brookfield Asset Management Ltd BAM $53.49 $31.26 −42% vs LQAG
Blackstone Inc BX $122.53 $52.29 −57% vs LQAG
KKR & Co KKR $100.85 $27.63 −73% vs LQAG

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Laiqon AG: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Laiqon AG Fair Value". https://www.fairvalue-calculator.com/stock/LQAG

Frequently asked questions

Is Laiqon AG (LQAG) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is €3.63 versus a price of €4.39, about 17% lower (overvalued).
What is the fair value of LQAG?
Our estimate for Laiqon AG is €3.63 (as of Nov 10, 2026), built from audited fundamentals. The current price: €4.39.
What is the quality score of LQAG?
Laiqon AG has a Quality Score of 29/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Laiqon AG (LQAG)?
Our calculated price target is the estimate of €3.63 (as of Nov 10, 2026). Cautious scenario €2.72, optimistic scenario €4.54. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the Laiqon AG stock forecast for 2026?
Our estimate puts fair value at €3.63, about 17% lower versus a price of €4.39 (overvalued). Cautious scenario €2.72, optimistic scenario €4.54. The calculation is refreshed regularly with new filings.
What is the revenue of Laiqon AG (LQAG)?
Laiqon AG reported trailing-twelve-month revenue of about €43.9M (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of Laiqon AG (LQAG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Laiqon AG it is €3.63 per share (as of Nov 10, 2026), against a price of €4.39.
Is Laiqon AG stock overvalued or undervalued in 2026?
As of Nov 10, 2026, LQAG trades above its calculated fair value: price €4.39, fair value €3.63, a gap of about −17% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LQAG?
No. The price is what the market pays today (€4.39); the fair value is what the company's own numbers justify (€3.63). For Laiqon AG the two are €0.7600 per share apart. That gap is exactly why we show both numbers side by side.
How much is Laiqon AG worth?
The market values Laiqon AG at about €106M (market capitalisation, as of Nov 10, 2026). Per share that is €4.39; our models calculate a fair value of €3.63 per share.
What do the bullish and bearish scenarios say about LQAG?
Our models span a range for Laiqon AG: cautious scenario €2.72, base €3.63, optimistic €4.54 per share (as of Nov 10, 2026, price €4.39). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of LQAG?
The PEG ratio of Laiqon AG is 0.37 (P/E divided by earnings growth, as of Nov 10, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Laiqon AG (LQAG)?
Balance-sheet figures for Laiqon AG (as of Nov 10, 2026): return on equity −29.9%, debt of 0.62 per unit of equity. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is LQAG from its 52-week high?
Laiqon AG trades at €4.39, about 15% below its 52-week high of €5.16 and 13% above the low of €3.90 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of €3.63 is for.
Which stocks are comparable to Laiqon AG?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Asset Management Ltd, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Laiqon AG stock attractive at the current price?
The data as of Nov 10, 2026: price €4.39, calculated fair value €3.63 (−17%), Quality Score 29/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Laiqon AG itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Laiqon AG (LQAG)?
The closing price on Nov 10, 2026 was €4.39. Our estimate is €3.63, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Laiqon AG right now?
Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of Laiqon AG

How large is the market capitalisation of Laiqon AG (LQAG)?
The market capitalisation of Laiqon AG is €106M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Laiqon AG (LQAG)?
The price-to-sales ratio of Laiqon AG is 2.44 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Laiqon AG (LQAG)?
Earnings per share at Laiqon AG are €−1.02. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Laiqon AG (LQAG)?
The net margin of Laiqon AG is −49.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Laiqon AG (LQAG)?
The return on equity (ROE) of Laiqon AG is −29.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Laiqon AG (LQAG)?
On an EBIT basis the return on assets of Laiqon AG is −7.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Laiqon AG (LQAG)?
The operating margin of Laiqon AG is −21.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Laiqon AG (LQAG)?
Revenue at Laiqon AG is growing +63.4% versus a year earlier (3y avg +17.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Laiqon AG (LQAG) generate?
The free cash flow of Laiqon AG is −€7.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Laiqon AG (LQAG) carry?
The net debt of Laiqon AG is €36.5M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Laiqon AG in the live analysis

One click puts Laiqon AG on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.