Deutsche Rohstoff AG (DR0) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Deutsche Rohstoff AG stock €116, price €76.70, upside +51.1%, quality 46 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range €13.37 – €108.92 · fair‑value band €49.04 – €237.95 · the €76.70 price screens below the €115.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Deutsche Rohstoff AG, together with its subsidiaries, engages in the exploration and production of crude oil and natural gas. It also explores and develops gold, lithium, and tungsten mining projects. Deutsche Rohstoff AG was founded in 2006 and is headquartered in Mannheim, Germany.
Stock analysis
Deutsche Rohstoff AG (DR0) currently trades at €76.70, while our model-based Fair Value estimate is €115.86, implying the stock looks roughly 34% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €250.24 per share, and 18 of the 26 models we run sit above the €76.70 price.
Bear case: the Asset-Based group reads lowest at €25.55, and 8 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €49.04 (bear) to €237.95 (bull), the price of €76.70 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Deutsche Rohstoff AG reported revenue of €195M in FY2025 versus €73.3M in FY2021, a compound +27.7%/yr. Reported net income was €28.9M in FY2025, compounding +3.9%/yr from FY2021.
Key figures
Market cap €350M Small · P/E ratio 2.5 · P/S ratio 1.92 · EPS (TTM) €30.85 · Dividend yield 2.9% · Net margin 73.0% · Return on equity 53.8% · Return on assets (EBIT) 15.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 76 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 77% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at 10% fair-value upside, at 51%, DR0 screens cheaper than that median.
Fair Value models
Bear€49.04Fair Value €115.86Bull€237.95
Price €76.70 · Upside +51.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€24.45 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EPV€66.52€81.56€94.4974
Residual Income€42.31€52.14€76.1773
Growth DCF€78.78€175.05€329.6472
All 26 models by family
DCF Models
FCF DCF€85.86€147.47€338.6871
Owner Earnings€30.44€103.08€248.7365
5Y Revenue Exit€30.70€64.42€134.1365
5Y EBITDA Exit€99.11€202.71€406.0268
5Y P/E Exit€50.52€136.52€251.4464
10Y Revenue Exit€46.88€113.92€148.9264
10Y EBITDA Exit€96.90€257.03€537.7261
10Y P/E Exit€62.42€155.37€302.8658
Earnings-Based
Graham-Dodd€41.48€289.29€405.9861
Lynch FV€149.46€213.51€277.5759
PEG = 1.0€149.46€213.51€277.5755
EPV€66.52€81.56€94.4974
Dividend Discount
Gordon GGM€17.76€35.05€52.5465
DDM Multi-Stage€17.76€30.46€37.0465
Multiples
P/E Multiple€64.05€85.41€106.7663
P/S Multiple€37.06€49.42€61.7758
P/B Multiple€36.46€48.61€60.7655
EV/EBIT€61.39€93.43€125.4865
EV/EBITDA€95.50€138.91€182.3367
EV/Revenuen/a€14.68€29.5050
Asset-Based
NCAV (Graham)€19.06€25.55€38.1354
Growth DCF
Growth DCF€78.78€175.05€329.6472
Rev-Margin DCF€36.37€78.17€166.4565
Economic Profit
Residual Income€42.31€52.14€76.1773
ROIC Compounder€90.31€138.49€178.2469
Growth Earnings
Growth-Adj P/E€175.17€250.24€325.3165
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−17.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+38.2%
Start year 2020 (pandemic)
Revenue growth 18 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+57.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+17.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.1%
Dividend (yield on the price)2.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.19.1% vs 38.8%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−42% → 31%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +9.8% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Oil & Gas E&P · 239 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score46 · Above median
Fair Value upside+51.1% · Top 25%
Profitability
Return on equity (12 months)53.8% · Top 25%
Return on assets5.0% · Above median
Net margin (12 months)73.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)46.5% · Above median
Dividend yield (12 months)2.9% · Below median
Balance sheet
Debt / equity0.91× · Highest 25%
Valuation Multiplesvs Oil & Gas E&P median · lower = cheaper
P/E (12 months)2.5× · Cheapest 25%
P/B1.84× · Pricier than median
P/S (12 months)1.92× · Cheaper than median
Price / free cash flow (fiscal year)17.7× · Pricier than median
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). "Deutsche Rohstoff AG Fair Value". https://www.fairvalue-calculator.com/stock/DR0
Frequently asked questions
Is Deutsche Rohstoff AG (DR0) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of €115.86 versus a price of €76.70, about +51% upside (undervalued).
What is the fair value of DR0?
Our model-based fair value for Deutsche Rohstoff AG is €115.86 (as of Nov 8, 2026), built from audited fundamentals. The current price: €76.70.
What is the quality score of DR0?
Deutsche Rohstoff 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 price target for Deutsche Rohstoff AG (DR0)?
Our model-based price target is the fair value of €115.86 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario €49.04, optimistic scenario €237.95. It is a calculation from audited fundamentals, not an analyst target.
What is the Deutsche Rohstoff AG stock forecast for 2026?
Our models put fair value at €115.86, about +51% upside versus a price of €76.70 (undervalued). Cautious scenario €49.04, optimistic scenario €237.95. The calculation is refreshed regularly with new filings.
What is the revenue of Deutsche Rohstoff AG (DR0)?
Deutsche Rohstoff AG reported trailing-twelve-month revenue of about €203M (latest available figure, as of Nov 8, 2026).
Does Deutsche Rohstoff AG pay a dividend?
Deutsche Rohstoff AG currently shows a dividend yield of 2.93% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Deutsche Rohstoff AG (DR0) and when is the ex-dividend date?
Deutsche Rohstoff AG pays a dividend of €2.25 per share a year, a dividend yield of 2.9%. The last ex-dividend date was Jun 24, 2026. A dividend has been paid every year since 2022. The payout ratio is 7.3% of earnings. Free cash flow covers the dividend 2.07 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Deutsche Rohstoff AG (DR0)?
For today's price to be fair in a discounted-cash-flow model, Deutsche Rohstoff AG would have to grow free cash flow by +12.2 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +38.2 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of DR0 use?
Our models discount Deutsche Rohstoff AG at 9.6 %: a base by market capitalisation (small), damped by beta 0.23, country premium for Germany. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Deutsche Rohstoff AG that is +12.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Deutsche Rohstoff AG (DR0) delivered so far?
Over the past 5 years revenue at Deutsche Rohstoff AG grew +38.2 % a year. The price currently implies free-cash-flow growth of +12.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Deutsche Rohstoff AG (DR0) growing?
The median revenue growth in the sector is +14.1 % a year. That is the yardstick for the growth priced into Deutsche Rohstoff AG (+12.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Deutsche Rohstoff AG (DR0)?
The free-cash-flow yield on the price is 5.99 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Deutsche Rohstoff AG produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Deutsche Rohstoff AG (DR0)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Deutsche Rohstoff AG it is €115.86 per share (as of Nov 8, 2026), against a price of €76.70. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Deutsche Rohstoff AG stock overvalued or undervalued in 2026?
As of Nov 8, 2026, DR0 trades below its calculated fair value: price €76.70, fair value €115.86, a gap of about +51% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DR0?
No. The price is what the market pays today (€76.70); the fair value is what the company's own numbers justify (€115.86). For Deutsche Rohstoff AG the two are €39.16 per share apart. That gap is exactly why we show both numbers side by side.
How much is Deutsche Rohstoff AG worth?
The market values Deutsche Rohstoff AG at about €350M (market capitalisation, as of Nov 8, 2026). Per share that is €76.70; our models calculate a fair value of €115.86 per share.
What do the bullish and bearish scenarios say about DR0?
Our models span a range for Deutsche Rohstoff AG: cautious scenario €49.04, base €115.86, optimistic €237.95 per share (as of Nov 8, 2026, price €76.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DR0?
Deutsche Rohstoff AG trades at a price-to-earnings ratio of 2.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €115.86 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 5.0. Other multiples: P/B 1.8, P/S 1.9, EV/EBITDA 2.1.
How solid is the balance sheet of Deutsche Rohstoff AG (DR0)?
Balance-sheet figures for Deutsche Rohstoff AG (as of Nov 8, 2026): return on equity 53.8%, debt of 0.91 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is DR0 from its 52-week high?
Deutsche Rohstoff AG trades at €76.70, about 30% below its 52-week high of €108.92 and 77% above the low of €43.28 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €115.86 is for.
Which stocks are comparable to Deutsche Rohstoff AG?
From the same area (Energy) we also value ConocoPhillips explores for,, CNOOC Limited, Canadian Natural Resources Limited, EOG Resources, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Deutsche Rohstoff AG stock attractive at the current price?
The data as of Nov 8, 2026: price €76.70, calculated fair value €115.86 (+51%), Quality Score 46/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DR0 calculated?
We run Deutsche Rohstoff AG through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €115.86 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Deutsche Rohstoff AG currently trades 34% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Deutsche Rohstoff AG (DR0)?
The closing price on Nov 6, 2026 was €76.70. Our model-based fair value is €115.86, about +51% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Deutsche Rohstoff AG right now?
The large discount to fair value meets weak quality (46/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (€49.04 to €237.95). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Deutsche Rohstoff AG
How large is the market capitalisation of Deutsche Rohstoff AG (DR0)?
The market capitalisation of Deutsche Rohstoff AG is €350M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Deutsche Rohstoff AG (DR0)?
The price-to-sales ratio of Deutsche Rohstoff AG is 1.92 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Deutsche Rohstoff AG (DR0)?
Earnings per share at Deutsche Rohstoff AG are €30.85 (price ÷ EPS = P/E 2.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Deutsche Rohstoff AG (DR0)?
The dividend yield of Deutsche Rohstoff AG is 2.9% (payout 7.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Deutsche Rohstoff AG (DR0)?
The net margin of Deutsche Rohstoff AG is 73.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Deutsche Rohstoff AG (DR0)?
The return on equity (ROE) of Deutsche Rohstoff AG is 53.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Deutsche Rohstoff AG (DR0)?
On an EBIT basis the return on assets of Deutsche Rohstoff AG is 15.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Deutsche Rohstoff AG (DR0)?
The operating margin of Deutsche Rohstoff AG is 216% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Deutsche Rohstoff AG (DR0)?
Revenue at Deutsche Rohstoff AG is growing +46.5% versus a year earlier (3y avg +5.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Deutsche Rohstoff AG (DR0)?
Earnings per share at Deutsche Rohstoff AG are growing +960% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Deutsche Rohstoff AG (DR0) carry?
The net debt of Deutsche Rohstoff AG is €165M (fiscal year 2025, ≈ 7.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026