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DO & CO Aktiengesellschaft (DOC) Fair Value & Analysis

Industrials · AT · Market cap €2.1B

DC DO & CO Aktiengesellschaft DOC · VI
Price€217.00
Fair Value€176.72
Upside-18.6%
Quality88/100
Evidence: Medium Range €132.54 – €410.97

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from €314.01 to €176.72 (−43.7%) since Jun 23, 2026. Share price +13.7% over the past month.

Price vs Fair Value (12 months)

€231.27 €158.84 Fair Value €176.72 Jun 2025 Jun 2026

12‑month range €158.84 – €231.27 · fair‑value band €132.54 – €410.97 · the €217.00 price screens above the €176.72 fair value. As of Jun 24, 2026.

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Analysis

DO & CO Aktiengesellschaft (DOC) currently trades at €217.00, while our model-based Fair Value estimate is €176.72 — implying the stock looks roughly 18.6% overvalued today. We read business quality at 88/100 (high 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: medium).

Over the trailing twelve months, DO & CO Aktiengesellschaft generated revenue of €2.4B at a net margin of 4.4%. Revenue declined 2.0% year over year. It earns a return on equity of 27.8%. Net debt stands at €102M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €2.4B
Revenue growth (YoY) -2.0%
Net margin 4.4%
Return on equity 27.8%
Free cash flow €106M FY2025
P/E ratio 20.5
More key figures
Operating margin 8.9%
EPS (TTM) €9.48
Dividend yield 1.1%
EPS growth (YoY) +8.1%
Net debt €102M FY2023

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

About the company

DO & CO Aktiengesellschaft provides catering services in Austria, Turkey, Great Britain, the United States, Spain, Germany, and internationally. It operates through three divisions: Airline Catering; International Event Catering; and Restaurants, Lounges & Hotel. The company offers airline catering services; and event catering, infrastructure, and planning services. The company also engages in the operation of lounges, retail stores, airport catering, restaurants and Demel café, hotels, and staff restaurants. It operates restaurants and cafes under the DO & CO, Hédiard, HENRY, AIOLI, and Demel brands. The company was founded in 1981 and is headquartered in Vienna, Austria.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DO & CO Aktiengesellschaft reported revenue of €2.3B in FY2025 versus €253M in FY2021, a compound +73.5%/yr. Reported net income was €92.4M in FY2025.

Revenue +73.5%/yr
FY21 €253M
FY22 €705M
FY23 €1.4B
FY24 €1.8B
FY25 €2.3B
Net income
FY21 −€35.5M
FY22 €11.0M
FY23 €33.6M
FY24 €66.2M
FY25 €92.4M

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Similar stocks

6 more Airports & Air Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Aena S.M.E., S.A ANNSF $30.33 $32.73 +8%
Airports of Thailand Public Company AIPUY $18.18 $7.99 -56%
Grupo Aeroportuario del Pacífico, S.A. GAPB 395.16 MXN 393.83 MXN -0%
Aeroports de Paris SA ADP €102.70 €53.85 -48%
Joby Aviation, Inc JOBY $11.87 $0.3400 -97%
Flughafen Zürich AG UZAPF $315.31 $149.25 -53%

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Frequently asked questions

Is DO & CO Aktiengesellschaft (DOC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €176.72 versus a price of €217.00 — about −19% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DOC?
Our 21-model fair value for DO & CO Aktiengesellschaft is €176.72 (as of Jun 24, 2026), built from audited fundamentals. The current price is €217.00.
What is the quality score of DOC?
DO & CO Aktiengesellschaft has a Quality Score of 88/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of DO & CO Aktiengesellschaft (DOC)?
DO & CO Aktiengesellschaft reported trailing-twelve-month revenue of about €2.4B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of DOC?
The net profit margin of DO & CO Aktiengesellschaft is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does DO & CO Aktiengesellschaft pay a dividend?
DO & CO Aktiengesellschaft currently shows a dividend yield of about 1.08% relative to its recent price (as of Jun 24, 2026).

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.