EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Ease2pay NV (EAS2P) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Ease2pay NV €0.62, price €0.57, upside +8.8%, quality 73 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Technology · NL · ISIN NL0000345627

EN Thin data Sep 23, 2026

Ease2pay NV

EAS2P · AS

NeutralThe stock looks roughly fairly valued with average quality.

·Fair value €0.6200 · Fairly valued (+9%)
✓Quality 73/100
!Mixed Growth (revenue 5y +81.6 %/yr)
!Thin margins · 7.4% net margin (TTM)
✓Low debt · generates free cash flow
!Mixed vs. peers (7/13)
!Narrow moat 34/100
!Evidence only low, so the estimate is less certain
!Weak on past: 17 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€3.49 €0.3600 Fair Value €0.6200 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range €0.3600 – €3.49 · fair‑value band €0.4300 – €0.8000 · the €0.5700 price screens below the €0.6200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.

Follow Ease2pay in your weekly email

Every Wednesday you see whether Ease2pay is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

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

Company profile

Ease2pay N.V., together with its subsidiaries, provides payment services through its self-service platform in the Netherlands.

Show more

Ease2pay N.V., together with its subsidiaries, provides payment services through its self-service platform in the Netherlands. It offers Ease2pay On the GO, a parking and fueling in one app; Ease2pay AanUit that activates and pays for electricity, water, and lodging for boat or camper; Ease2pay Marktstroom, which can activate power and water for your stand or event; Ease2pay Walstroom, it is developed for sea vessels and inland skippers that activate and pay for power, water, and berth; and Ease2pay NomadPower, which activates power for refrigerated truck at refrigerated transport parking lots. The company also provides Internet of Things (IoT) technology to communicate with connected devices, such as chargers, laundry machines, electricity, and water supply connection points. The company was formerly known as DOCDATA N.V. and changed its name to Ease2pay N.V. in February 2018. Ease2pay N.V. was incorporated in 1981 and is based in Rotterdam, the Netherlands.

Stock analysis

Ease2pay NV (EAS2P) currently trades at €0.5700, while our model-based Fair Value estimate is €0.6200, implying the stock looks roughly 8.1% fairly valued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of €1.37 per share, and 14 of the 21 models we run sit above the €0.5700 price.

Bear case: the Asset-Based group reads lowest at €0.1900, and 7 of the 21 models stay below the price. Evidence for this calculation is low.

Scenario range: €0.4300 (bear) to €0.8000 (bull), the price of €0.5700 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 73/100 (solid quality), in the Technology sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Ease2pay NV reported revenue of €3.9M in FY2025 versus €354K in FY2021, a compound +82.1%/yr. Reported net income was €288K in FY2025.

Key figures

Market cap €13.4M · P/E ratio 57.0 · P/S ratio 4.21 · EPS (TTM) €0.0100 · Net margin 7.4% · Return on equity 4.3% · Return on assets (EBIT) −60.8% · Operating margin 4.9%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).

What moves the price

The share trades about 7% below its 52-week high and 57% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at 9%, EAS2P screens cheaper than that median.

Fair Value models

Bear €0.4300 Fair Value €0.6200 Bull €0.8000
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (€0.0073 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. Evidence ⓘEvidence = 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.
Highest evidence
FCF DCF €1.00 €1.39 €2.60 75
Growth DCF €0.9500 €1.57 €2.55 74
5Y EBITDA Exit €0.9000 €1.37 €2.28 71
All 21 models by family
DCF Models
FCF DCF €1.00 €1.39 €2.60 75
Owner Earnings €1.13 €2.18 €4.29 70
5Y Revenue Exit €0.8100 €1.18 €1.95 69
5Y EBITDA Exit €0.9000 €1.37 €2.28 71
5Y P/E Exit €0.6700 €1.04 €1.53 68
10Y Revenue Exit €0.8500 €1.50 €1.90 65
10Y EBITDA Exit €0.9400 €1.70 €3.00 64
10Y P/E Exit €0.7700 €1.21 €1.88 61
Earnings-Based
Graham-Dodd €0.0800 €0.5800 €0.8100 61
Lynch FV €0.3000 €0.4300 €0.5600 59
PEG = 1.0 €0.3000 €0.4300 €0.5600 55
Multiples
P/E Multiple €0.2600 €0.3400 €0.4300 63
P/S Multiple €0.1600 €0.2100 €0.2600 58
P/B Multiple €0.1600 €0.2100 €0.2600 55
EV/EBITDA €0.8400 €1.03 €1.22 67
EV/Revenue €0.6900 €0.8600 €1.04 54
Asset-Based
NCAV (Graham) €0.1400 €0.1900 €0.2900 53
Growth DCF
Growth DCF €0.9500 €1.57 €2.55 74
Rev-Margin DCF €0.8600 €1.31 €2.25 68
Economic Profit
Residual Income €0.2100 €0.2100 €0.1900 68
Growth Earnings
Growth-Adj P/E €0.4300 €0.6200 €0.8000 65

Open the full fair value analysis →

Notify me when EAS2P reaches fair value

Put EAS2P on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 73/100

Of which business quality 72 · Market factors (momentum, volatility) 73

Profitability 26
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 98
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 79
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 77
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+35.0%
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.
+4.8%
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.
+81.6%
Start year 2020 (pandemic)
Revenue growth 23 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.
−12.0%
Profit margin (trend) ⓘ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.
−363.5% (2020) → −2.2% (2025)

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).
−13.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −15.4% a year for the price.

Watch EAS2P, get fair value alerts →

Compare Ease2pay NV with another stock

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

Free, no sign-up

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.Software - Infrastructure · 383 stocks

Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 73 · Top 25%
Fair Value upside +13% · Above median
Profitability
Return on equity (TTM) 4% · Below median
Return on assets −1% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 5% · Above median
Growth and dividend
Revenue growth 40% · Top 25%

Valuation Multiplesvs Software - Infrastructure median · lower = cheaper

P/E (TTM) 57.0× · Priciest 25%
P/B 2.16× · Cheaper than median
P/S (TTM) 3.78× · Pricier than median
P/FCF 13.8× · Pricier than median
EV/EBITDA 22.5× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)45 · sector 16
FUTURE (revenue growth)100 · sector 48
PAST (return on equity)17 · sector 18
HEALTH (low debt)100 · sector 97
DIVIDEND (yield)0 · sector 33

Context: sector, industry, market

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

Similar stocks

10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $498.00 $547.80 +10%
Oracle Corporation ORCL $149.20 $117.84 −21%
Palantir Technologies Inc PLTR $184.99 $43.02 −77%
Palo Alto Networks, Inc PANW $374.57 $114.50 −69%
CrowdStrike Holdings CRWD $262.49 $35.15 −87%
Fortinet, Inc FTNT $178.74 $164.92 −8%
Synopsys, Inc SNPS $413.06 $250.04 −39%
Block, Inc XYZ $74.68 $101.29 +36%
CoreWeave, Inc CRWV $86.90 $71.79 −17%
NetApp, Inc NTAP $192.91 $157.18 −19%

Explore undervalued stocks

More undervalued Technology stocks →

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

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). "Ease2pay NV Fair Value". https://www.fairvalue-calculator.com/stock/EAS2P

Frequently asked questions

Is Ease2pay NV (EAS2P) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of €0.6200 versus a price of €0.5700, about +9% upside (fairly valued).
What is the fair value of EAS2P?
Our model-based fair value for Ease2pay NV is €0.6200 (as of Sep 23, 2026), built from audited fundamentals. The current price: €0.5700.
What is the quality score of EAS2P?
Ease2pay NV has a Quality Score of 73/100. 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 Ease2pay NV (EAS2P)?
Our model-based price target is the fair value of €0.6200 (as of Sep 23, 2026) from 21 valuation models. Cautious scenario €0.4300, optimistic scenario €0.8000. It is a calculation from audited fundamentals, not an analyst target.
What is the Ease2pay NV stock forecast for 2026?
Our models put fair value at €0.6200, about +9% upside versus a price of €0.5700 (fairly valued). Cautious scenario €0.4300, optimistic scenario €0.8000. The calculation is refreshed regularly with new filings.
What is the revenue of Ease2pay NV (EAS2P)?
Ease2pay NV reported trailing-twelve-month revenue of about €3.9M (latest available figure, as of Sep 23, 2026).
What growth is priced into Ease2pay NV (EAS2P)?
For today's price to be fair in a discounted-cash-flow model, Ease2pay NV would have to grow free cash flow by -13.5 % per year for five years (discount rate 8.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +81.7 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of EAS2P use?
Our models discount Ease2pay NV at 8.3 %: a base by market capitalisation (nano), damped by beta 0.25, country premium for Netherlands. 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 Ease2pay NV that is -13.5 % per year a year over ten years, using the same discount rate (8.3 %) and the same formula as our fair value.
How much growth has Ease2pay NV (EAS2P) delivered so far?
Over the past 5 years revenue at Ease2pay NV grew +81.7 % a year. The price currently implies -13.5 % per year free-cash-flow growth a 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 Ease2pay NV (EAS2P) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Ease2pay NV (-13.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ease2pay NV (EAS2P)?
The free-cash-flow yield on the price is 7.98 %: that much free cash flow Ease2pay NV produces per unit of market value. When it exceeds the discount rate of our models (8.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ease2pay NV (EAS2P)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ease2pay NV it is €0.6200 per share (as of Sep 23, 2026), against a price of €0.5700. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is Ease2pay NV stock overvalued or undervalued in 2026?
As of Sep 23, 2026, EAS2P trades below its calculated fair value: price €0.5700, fair value €0.6200, a gap of about +9% (fairly valued). 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 EAS2P?
No. The price is what the market pays today (€0.5700); the fair value is what the company's own numbers justify (€0.6200). For Ease2pay NV the two are €0.0500 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ease2pay NV worth?
The market values Ease2pay NV at about €13.4M (market capitalisation, as of Sep 23, 2026). Per share that is €0.5700; our models calculate a fair value of €0.6200 per share.
What do the bullish and bearish scenarios say about EAS2P?
Our models span a range for Ease2pay NV: cautious scenario €0.4300, base €0.6200, optimistic €0.8000 per share (as of Sep 23, 2026, price €0.5700). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EAS2P?
Ease2pay NV trades at a price-to-earnings ratio of 57.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €0.6200 is built from several models across several years. Other multiples: P/B 2.2, P/S 3.8, EV/EBITDA 22.5.
How solid is the balance sheet of Ease2pay NV (EAS2P)?
Balance-sheet figures for Ease2pay NV (as of Sep 23, 2026): return on equity 4.3%. They feed the Quality Score of 73/100, which measures business quality independently of the share price.
How far is EAS2P from its 52-week high?
Ease2pay NV trades at €0.5700, about 7% below its 52-week high of €0.6100 and 57% above the low of €0.3620 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of €0.6200 is for.
Which stocks are comparable to Ease2pay NV?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, 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 Ease2pay NV stock attractive at the current price?
The data as of Sep 23, 2026: price €0.5700, calculated fair value €0.6200 (+9%), Quality Score 73/100, from 21 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 EAS2P calculated?
We run Ease2pay NV through 21 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €0.6200, 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. Ease2pay NV currently trades 9 % 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 Ease2pay NV (EAS2P)?
The closing price on Sep 24, 2026 was €0.5700. Our model-based fair value is €0.6200, about +9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ease2pay NV right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (€0.4300 to €0.8000) 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.

Key figures of Ease2pay NV

How large is the market capitalisation of Ease2pay NV (EAS2P)?
The market capitalisation of Ease2pay NV is €13.4M. 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 Ease2pay NV (EAS2P)?
The price-to-sales ratio of Ease2pay NV is 4.21 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ease2pay NV (EAS2P)?
Earnings per share at Ease2pay NV are €0.0100 (price ÷ EPS = P/E 57.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Ease2pay NV (EAS2P)?
The net margin of Ease2pay NV is 7.4% (fiscal year 2025). 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 Ease2pay NV (EAS2P)?
The return on equity (ROE) of Ease2pay NV is 4.3% (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 Ease2pay NV (EAS2P)?
On an EBIT basis the return on assets of Ease2pay NV is −60.8% (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 Ease2pay NV (EAS2P)?
The operating margin of Ease2pay NV is 4.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ease2pay NV (EAS2P)?
Revenue at Ease2pay NV is growing +40.1% versus a year earlier (3y avg +4.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Ease2pay NV (EAS2P) hold?
Ease2pay NV holds more cash than debt, €6.4M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Ease2pay NV in the live analysis

One click puts Ease2pay NV on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.