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AdCapital AG (ADC) Fair Value & Analysis

Financial Services · DE · Market cap €7.0K

AA AdCapital AG ADC · F
Price€0.0005
Fair Value€0.0005
Upside+0.0%
Quality46/100
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Weak Growth
Loss-making · -7.3% net margin
Low debt · generates free cash flow
Trails peers (1/9)
Narrow moat 8/100
Evidence: Medium Range €0.0005 – €0.0005 Share as image

Fair value as of: Aug 19, 2026

From 3 valuation models · updated yesterday

Share price −83.3% over the past month.

Below-average quality, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

€2.90 €0.0005 Fair Value €0.0005 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range €0.0005 – €2.90 · the €0.0005 price screens below the €0.0005 fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

AdCapital AG (ADC) currently trades at €0.0005, while our model-based Fair Value estimate is €0.0005, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, AdCapital AG generated revenue of €158M at a net margin of -7.3%. Revenue declined 1.4% year over year. It earns a return on equity of -24.6%. Net debt stands at €25.5M. Fundamentals as of Aug 19, 2026

For context, the median of 10 Financial Services peers we cover trades at -33% fair-value upside, at 0%, ADC screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF €1.32 €1.68 €2.24 80
Rev-Margin DCF €1.40 €2.17 €3.13 74
NCAV (Graham) €1.29 €1.73 €2.58 50
All 3 models by family
Asset-Based
NCAV (Graham) €1.29 €1.73 €2.58 50
Growth DCF
Growth DCF €1.32 €1.68 €2.24 80
Rev-Margin DCF €1.40 €2.17 €3.13 74

Widest divergence: Asset-Based (€1.73) versus Growth DCF (€1.68). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €158M
Revenue growth (YoY) -1.4%
Net margin -7.3%
Return on equity -24.6%
Free cash flow €3.0M FY2024
Operating margin -3.1%
More key figures
EPS (TTM) €-0.8200
Net debt €25.5M FY2024

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 45 · Market factors (momentum, volatility) 17

Profitability 33
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 18
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

AdCapital AG, an industrial holding company, invests in electrical engineering, metal and plastics processing, machine and tool construction, and automotive sectors in Germany and internationally. The company was founded in 1979 and is headquartered in Waldbronn, Germany.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

AdCapital AG reported revenue of €159M in FY2024 versus €148M in FY2020, a compound +1.9%/yr. Reported net income was −€5.1M in FY2024.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
€159M
Latest YoY
−3.7%
Avg. growth/yr (3Y) 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.
−2.2%
Avg. growth/yr (5Y) 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.
+1.3%
Avg. growth/yr (11Y) 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.
+1.9%
Revenue +1.9%/yr
FY20 €148M
FY21 €170M
FY22 €155M
FY23 €165M
FY24 €159M
Net income
FY20 −€2.5M
FY21 €1.8M
FY22 −€11.7M
FY23 −€2.5M
FY24 −€5.1M

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Cite: Fair Value Calculator (2026). "AdCapital AG Fair Value". https://www.fairvalue-calculator.com/stock/ADC.F

Peer Group

Asset Management · 706 stocks

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.

Quality Score 45 · Bottom 25%
Fair Value upside +0% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth -1% · Below median
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE33 · sector 38
FUTURE0 · sector 13
PAST0 · sector 24
HEALTH89 · sector 95
DIVIDEND0 · sector 77

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
BlackRock, Inc BLK $1,161 $465.75 -60%
Blackstone Inc BX $146.41 $52.88 -64%
Investor AB INVEB kr 417.90 kr 835.80 +100%
AB Industrivärden INDUA kr 544.00 kr 375.93 -31%
ICICIAMC ICICIAMC ₹3,077 ₹1,132 -63%
Hedef Holding HEDEF 267.25 TRY 321.44 TRY +20%
Jio Financial Services Limited JIOFIN ₹256.05 ₹171.84 -33%
Bajaj Holdings BAJAJHLDNG ₹11,294 ₹11,257 -0%
HDFC Asset Management Company HDFCAMC ₹2,490 ₹866.78 -65%
Nippon Life Asset Management Limited NAMINDIA ₹1,182 ₹311.00 -74%

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Frequently asked questions

Is AdCapital AG (ADC) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of €0.0005 versus a price of €0.0005, about +0% (fairly valued).
What is the fair value of ADC?
Our model-based fair value for AdCapital AG is €0.0005 (as of Aug 19, 2026), built from audited fundamentals. The current price: €0.0005.
What is the quality score of ADC?
AdCapital AG has a Quality Score of 46/100. 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 revenue of AdCapital AG (ADC)?
AdCapital AG reported trailing-twelve-month revenue of about €158M (latest available figure, as of Aug 19, 2026).
What is the net profit margin of ADC?
The net profit margin of AdCapital AG is about -7.3%, 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.

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