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Baader Bank Aktiengesellschaft (BWB) Fair Value & Analysis

Financial Services · DE · Market cap €332M

BB Baader Bank Aktiengesellschaft BWB · XETRA
Price€7.30
Fair Value€11.60
Upside+58.9%
Quality95/100
Evidence: High Range €8.70 – €14.50

Fair value as of: Jun 26, 2026

From 23 valuation models · updated 3 days ago

Share price +1.5% over the past month.

Price vs Fair Value (12 months)

€7.72 €4.47 Fair Value €11.60 Jun 2025 Jun 2026

12‑month range €4.47 – €7.72 · fair‑value band €8.70 – €14.50 · the €7.30 price screens below the €11.60 fair value. As of Jun 26, 2026.

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Analysis

Baader Bank Aktiengesellschaft (BWB) currently trades at €7.30, while our model-based Fair Value estimate is €11.60 — implying the stock looks roughly 58.9% undervalued today. We read business quality at 95/100 (high 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: high) — always confirm before acting.

Over the trailing twelve months, Baader Bank Aktiengesellschaft generated revenue of €499M at a net margin of 9.7%. Revenue grew 29.7% year over year. It earns a return on equity of 24.1%. The balance sheet holds a net cash position of €6.9M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €499M
Revenue growth (YoY) +29.7%
Net margin 9.7%
Return on equity 24.1%
Free cash flow €694M FY2024
P/E ratio 6.9
More key figures
Operating margin 36.7%
EPS (TTM) €0.9900
EPS growth (YoY) +276%
Net cash €6.9M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Baader Bank Aktiengesellschaft provides investment and banking services in Europe. The company trades in equities, bonds, funds and exchange traded funds, and securitized derivatives, as well as engages in the over-the-counter trading activities. It also provides electronic trading services, including automated order execution in shares, bonds, ETPs, and derivatives for clients on the national and international stock exchanges and trading platforms; service packages; and sales trading/execution services, such as the receipt and execution of client orders and orders of the bank's own clients, as well as flow and news management, portfolio trading, trading strategy advice, sponsoring, CSA and prime brokerage, and clearing services, as well as sells research products and trading ideas. In addition, the company offers capital market services, such as advice in financing and capital market transactions, structuring and execution of equity transactions, reallocations of stocks, project fi…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Baader Bank Aktiengesellschaft reported revenue of €320M in FY2025 versus €218M in FY2021, a compound +10.0%/yr. Reported net income was €50.7M in FY2025, compounding +2.2%/yr from FY2021.

Revenue +10.0%/yr
FY21 €218M
FY22 €250M
FY23 €344M
FY24 €248M
FY25 €320M
Net income +2.2%/yr
FY21 €46.6M
FY22 €8.7M
FY23 €2.8M
FY24 €23.5M
FY25 €50.7M

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Frequently asked questions

Is Baader Bank Aktiengesellschaft (BWB) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €11.60 versus a price of €7.30 — about +59% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BWB?
Our 21-model fair value for Baader Bank Aktiengesellschaft is €11.60 (as of Jun 26, 2026), built from audited fundamentals. The current price is €7.30.
What is the quality score of BWB?
Baader Bank Aktiengesellschaft has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Baader Bank Aktiengesellschaft (BWB)?
Baader Bank Aktiengesellschaft reported trailing-twelve-month revenue of about €499M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BWB?
The net profit margin of Baader Bank Aktiengesellschaft is about 9.7%, meaning it keeps roughly 9.7% of revenue as net income. 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.