EN DE

Banqup Group (BANQ) Fair Value & Analysis

Technology · BE · Market cap €80.6M

BG Banqup Group BANQ · BR
Price€2.20
Fair Value€1.93
Upside-12.3%
Quality33/100
Watch Banqup Group for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -86.9% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 16/100
Evidence: Low Range €1.44 – €2.87 Share as image

Fair value as of: Aug 6, 2026

From 1 valuation models · updated 4 days ago

Fair value updated Aug 6, 2026, revised from €1.25 to €1.93 (+54.9%) since Jul 24, 2026. Share price +8.9% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

What matters now

  • A fairly wide model range (€1.44 to €2.87) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€18.98 €1.51 Fair Value €1.93 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range €1.51 – €18.98 · fair‑value band €1.44 – €2.87 · the €2.20 price screens above the €1.93 fair value. Dashed = 300-day average. As of Aug 6, 2026.

Full chart & analysis →

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

Analysis

Banqup Group (BANQ) currently trades at €2.20, while our model-based Fair Value estimate is €1.93, implying the stock looks roughly 12.3% overvalued today. The Quality Score stands at 33/100 (below-average quality), in the Technology 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: low).

Over the trailing twelve months, Banqup Group generated revenue of €51.6M at a net margin of -86.9%. Revenue grew 6.5% year over year. It earns a return on equity of -29.9%. The balance sheet holds a net cash position of €36.9M. Fundamentals as of Aug 6, 2026

Our scenario range runs from €1.44 (bear case) to €2.87 (bull case); at €2.20, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 48% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at -12%, BANQ 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
NCAV (Graham) €1.44 €1.93 €2.87 50
All 1 models by family
Asset-Based
NCAV (Graham) €1.44 €1.93 €2.87 50

Notify me when BANQ reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) €51.6M
Revenue growth (YoY) +6.5%
Net margin -86.9%
Return on equity -29.9%
Free cash flow −€12.8M FY2025
Operating margin -78.9%
More key figures
EPS (TTM) €-1.03
Net cash €36.9M FY2025

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 33 · Market factors (momentum, volatility) 13

Profitability 2
Margins and returns on capital today
Quality Growth 3
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 14
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 62
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

Banqup Group SA, a fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally. It operates through Digital Services and Traditional Communications Services segments.

Full company description

Banqup Group SA, a fintech company, operates and develops a cloud-based platform for administrative and financial services in Belgium and internationally. It operates through Digital Services and Traditional Communications Services segments. The company offers e-trust, e-invoicing, e-payments, and e-reporting; and document data extraction, print, mail, and paper-based services. It also provides suite of services, including purchase-to-pay, order-to-cash, compliance, payments, and value-added services. The company serves professionals, businesses, enterprises, and accountants. The company was formerly known as Unifiedpost Group SA and changed its name to Banqup Group SA in May 2025. Banqup Group SA was founded in 2001 and is headquartered in La Hulpe, Belgium.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Banqup Group reported revenue of €51.6M in FY2025 versus €171M in FY2021, a compound −25.8%/yr. Reported net income was −€35.9M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€51.6M
Latest YoY
−38.2%
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.
−35.3%
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.
−5.6%
Avg. growth/yr (10Y) 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.
+68.7%
Revenue −25.8%/yr
FY21 €171M
FY22 €191M
FY23 €191M
FY24 €83.6M
FY25 €51.6M
Net income
FY21 −€25.6M
FY22 −€43.5M
FY23 −€83.9M
FY24 €71.0M
FY25 −€35.9M

BANQ screens 12% overvalued. Compare with SAP SE →

Share or link this analysis
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.

Cite: Fair Value Calculator (2026). "Banqup Group Fair Value". https://www.fairvalue-calculator.com/stock/BANQ

Peer Group

Software - Application · 709 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 33 · Bottom 25%
Fair Value upside −12% · Above median
Return on assets -7% · Bottom 25%
Net margin (TTM) -87% · Bottom 25%
Operating margin (TTM) -79% · Bottom 25%
Revenue growth 7% · Below median
Debt / equity 0.27× · Higher than 75% of peers

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 0.87× · Cheaper than 75% of peers
P/S (TTM) 1.80× · Cheaper than median

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.

VALUE 17 · sector 0
FUTURE 33 · sector 38
PAST 0 · sector 13
HEALTH 86 · sector 98
DIVIDEND 0 · sector 28

Insider activity: 40/100

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

Compare Banqup Group with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Banqup Group (BANQ) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of €1.93 versus a price of €2.20, about −12% (overvalued).
What is the fair value of BANQ?
Our model-based fair value for Banqup Group is €1.93 (as of Aug 6, 2026), built from audited fundamentals. The current price is €2.20.
What is the quality score of BANQ?
Banqup Group has a Quality Score of 33/100. 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 Banqup Group (BANQ)?
Banqup Group reported trailing-twelve-month revenue of about €51.6M (latest available figure, as of Aug 6, 2026).
What is the net profit margin of BANQ?
The net profit margin of Banqup Group is about -86.9%, 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.

14 days Pro free · no card

Track Banqup Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.