2invest AG (2INV) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of 2invest AG €12.74, price €7.96, upside +60.1%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range €5.55 – €13.40 · fair‑value band €9.55 – €15.92 · the €7.96 price screens below the €12.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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2invest AG, is an investment company specializing in investments in capital and partnerships in the biotechnology, life science, IT sectors, and natural resources sectors in Germany and internationally. The company invests in both listed and unlisted securities.
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2invest AG, is an investment company specializing in investments in capital and partnerships in the biotechnology, life science, IT sectors, and natural resources sectors in Germany and internationally. The company invests in both listed and unlisted securities. The company was formerly known as 4basebio AG and changed its name to 2invest AG in January 2021. 2invest AG was founded in 1997 and is based in Heidelberg, Germany.
Stock analysis
2invest AG (2INV) currently trades at €7.96, while our model-based Fair Value estimate is €12.74, implying the stock looks roughly 37.5% undervalued today.
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Valuation
How firm this estimate is: it rests on 16 models at a data quality of 95/100, which puts the evidence level at medium.
Scenario range: €9.55 (bear) to €15.92 (bull), the price of €7.96 sits below 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 63/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
2invest AG reported revenue of €1.1M in FY2025 versus €0 in FY2021. Reported net income was €3.4M in FY2025.
Key figures
Market cap €45.8M · P/E ratio 13.5 · P/S ratio 40.0 · EPS (TTM) €0.5900 · Return on equity −10.9% · Return on assets (EBIT) −13.7% · Operating margin −28.8% · Revenue (TTM) −€1.6M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 40% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at 60%, 2INV screens cheaper than that median.
Fair Value models
Bear €9.55Fair Value €12.74Bull €15.92
Price €7.96 · Upside +60.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (€0.4478 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
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.77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+29.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+29.2%
Dividend (yield on the price)0.0%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−19.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −20.9% a year for the price.
Price, fair value, quality and upside side by side.
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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 · 663 stocks
Beats the industry median on 4/8 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Above median
Fair Value upside+60.1% · Above median
Profitability
Return on assets0.3% · Below median
Operating margin (TTM)−28.8% · Bottom 25%
Growth and dividend
Revenue growth−71.0% · Bottom 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "2invest AG Fair Value". https://www.fairvalue-calculator.com/stock/2INV
Frequently asked questions
Is 2invest AG (2INV) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €12.74 versus a price of €7.96, about +60% upside (undervalued).
What is the fair value of 2INV?
Our model-based fair value for 2invest AG is €12.74 (as of Sep 27, 2026), built from audited fundamentals. The current price: €7.96.
What is the quality score of 2INV?
2invest AG has a Quality Score of 63/100. 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 2invest AG (2INV)?
Our model-based price target is the fair value of €12.74 (as of Sep 27, 2026) from 2 valuation models. Cautious scenario €9.55, optimistic scenario €15.92. It is a calculation from audited fundamentals, not an analyst target.
What is the 2invest AG stock forecast for 2026?
Our models put fair value at €12.74, about +60% upside versus a price of €7.96 (undervalued). Cautious scenario €9.55, optimistic scenario €15.92. The calculation is refreshed regularly with new filings.
What growth is priced into 2invest AG (2INV)?
For today's price to be fair in a discounted-cash-flow model, 2invest AG would have to grow free cash flow by -19.1 % per year for five years (discount rate 12.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 2 years revenue grew +276.1 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of 2INV use?
Our models discount 2invest AG at 12.5 %: a base by market capitalisation (micro), country premium for Germany. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For 2invest AG that is -19.1 % per year a year over ten years, using the same discount rate (12.5 %) and the same formula as our fair value.
How much growth has 2invest AG (2INV) delivered so far?
Over the past 2 years revenue at 2invest AG grew +276.1 % a year. The price currently implies -19.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of 2invest AG (2INV) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into 2invest AG (-19.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of 2invest AG (2INV)?
The free-cash-flow yield on the price is 28.08 %: that much free cash flow 2invest AG produces per unit of market value. When it exceeds the discount rate of our models (12.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of 2invest AG (2INV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For 2invest AG it is €12.74 per share (as of Sep 27, 2026), against a price of €7.96. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is 2invest AG stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 2INV trades below its calculated fair value: price €7.96, fair value €12.74, a gap of about +60% (undervalued). 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 2INV?
No. The price is what the market pays today (€7.96); the fair value is what the company's own numbers justify (€12.74). For 2invest AG the two are €4.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is 2invest AG worth?
The market values 2invest AG at about €45.8M (market capitalisation, as of Sep 27, 2026). Per share that is €7.96; our models calculate a fair value of €12.74 per share.
What do the bullish and bearish scenarios say about 2INV?
Our models span a range for 2invest AG: cautious scenario €9.55, base €12.74, optimistic €15.92 per share (as of Sep 27, 2026, price €7.96). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2INV?
2invest AG trades at a price-to-earnings ratio of 13.5 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €12.74 is built from several models across several years. Other multiples: P/B 0.6.
How solid is the balance sheet of 2invest AG (2INV)?
Balance-sheet figures for 2invest AG (as of Sep 27, 2026): return on equity −10.9%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 2INV from its 52-week high?
2invest AG trades at €7.96, about 40% below its 52-week high of €13.20 and 1% above the low of €7.92 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of €12.74 is for.
Which stocks are comparable to 2invest AG?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, 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 2invest AG stock attractive at the current price?
The data as of Sep 27, 2026: price €7.96, calculated fair value €12.74 (+60%), Quality Score 63/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2INV calculated?
We run 2invest AG through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €12.74, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. 2invest AG currently trades 38 % below its own fair value, and the market average says nothing about that. 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 2invest AG (2INV)?
The closing price on Oct 1, 2026 was €7.96. Our model-based fair value is €12.74, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with 2invest AG right now?
The price is below even our cautious bear case (€9.55). The market is more pessimistic than our downside scenario. Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality. 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 2invest AG
How large is the market capitalisation of 2invest AG (2INV)?
The market capitalisation of 2invest AG is €45.8M. 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 2invest AG (2INV)?
The price-to-sales ratio of 2invest AG is 40.0 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of 2invest AG (2INV)?
Earnings per share at 2invest AG are €0.5900 (price ÷ EPS = P/E 13.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of 2invest AG (2INV)?
The return on equity (ROE) of 2invest AG is −10.9% (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 2invest AG (2INV)?
On an EBIT basis the return on assets of 2invest AG is −13.7% (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 2invest AG (2INV)?
The operating margin of 2invest AG is −28.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much revenue does 2invest AG (2INV) generate?
2invest AG generates revenue of −€1.6M (last twelve months). Revenue of the last twelve months (TTM), the most recent full year, not the calendar year.
How fast is revenue growing at 2invest AG (2INV)?
Revenue at 2invest AG is growing −71.0% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at 2invest AG (2INV)?
Earnings per share at 2invest AG are growing −94.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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