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Alfen N.V (703) Fair Value & Analysis

Industrials · DE · Market cap €364M

AN Alfen N.V 703 · XETRA
Price€15.59
Fair Value€8.97
Upside-42.5%
Quality64/100
Evidence: High Range €7.48 – €11.54

Fair value as of: Jun 24, 2026

From 15 valuation models · updated 7 days ago

Share price −5.0% over the past month.

Price vs Fair Value (7 months)

€20.08 €8.26 Fair Value €8.97 Dec 2025 Jul 2026

7‑month range €8.26 – €20.08 · fair‑value band €7.48 – €11.54 · the €15.59 price screens above the €8.97 fair value. As of Jun 24, 2026.

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Analysis

Alfen N.V (703) currently trades at €15.59, while our model-based Fair Value estimate is €8.97 — implying the stock looks roughly 42.5% overvalued today. We read business quality at 64/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Trailing-twelve-month revenue stands at €436M. Revenue declined 7.4% year over year. It earns a return on equity of -0.1%. Net debt stands at €4.3M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €436M
Revenue growth (YoY) -7.4%
Net margin 0.0%
Return on equity -0.1%
Free cash flow €18.6M FY2025
Operating margin 1.9%
More key figures
EPS (TTM) €-0.0100
Net debt €4.3M FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and services smart grid solutions, energy storage systems, and electric vehicle (EV) charging equipment in the Netherlands, Finland, and Belgium. The company offers in-house developed, produced, and an assembled range of secondary substations for grid operators; and microgrids and substations, as well as offerings to connect PV farms, EV fast-charging hubs, and industrial companies to the grid. It also provides smart and connected electric vehicle chargers for use at destinations, such as home, retail, workplace, and public locations; and stationary and mobile battery energy storage solutions for use in load balancing, peak shaving, grid frequency control, and energy trading. The company was founded in 1937 and is headquartered in Almere, the Netherlands.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alfen N.V reported revenue of €436M in FY2025 versus €250M in FY2021, a compound +14.9%/yr. Reported net income was −€189K in FY2025.

Revenue +14.9%/yr
FY21 €250M
FY22 €440M
FY23 €504M
FY24 €488M
FY25 €436M
Net income
FY21 €21.5M
FY22 €53.0M
FY23 €29.7M
FY24 −€27.0M
FY25 −€189K

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Frequently asked questions

Is Alfen N.V (703) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €8.97 versus a price of €15.59 — about −42% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 703?
Our model-based fair value for Alfen N.V is €8.97 (as of Jun 24, 2026), built from audited fundamentals. The current price is €15.59.
What is the quality score of 703?
Alfen N.V has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alfen N.V (703)?
Alfen N.V reported trailing-twelve-month revenue of about €436M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 703?
The net profit margin of Alfen N.V is about 0.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.