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Mountain Alliance AG (ECF) Fair Value & Analysis

Consumer Cyclical · DE · Market cap €20.2M

MA Mountain Alliance AG ECF · XETRA
Price€2.92
Fair Value€0.8800
Upside-69.9%
Quality92/100
Evidence: Low Range €0.6700 – €1.10

Fair value as of: Jun 25, 2026

From 4 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from €16.54 to €0.8800 (−94.7%) since Jun 24, 2026. Share price +2.1% over the past month.

Price vs Fair Value (12 months)

€3.58 €2.06 Fair Value €0.8800 Jun 2025 Jun 2026

12‑month range €2.06 – €3.58 · fair‑value band €0.6700 – €1.10 · the €2.92 price screens above the €0.8800 fair value. As of Jun 25, 2026.

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Analysis

Mountain Alliance AG (ECF) currently trades at €2.92, while our model-based Fair Value estimate is €0.8800 — implying the stock looks roughly 69.9% overvalued today. We read business quality at 92/100 (high quality), in the Consumer Cyclical 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).

Trailing-twelve-month revenue stands at €185K. Revenue grew 65.7% year over year. It earns a return on equity of -1.2%. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) €185K
Revenue growth (YoY) +65.7%
Net margin -192%
Return on equity -1.2%
Free cash flow −€1.2M FY2022
Operating margin -449%
More key figures
EPS (TTM) €-0.0500
EPS growth (YoY) +422%
Net cash €81.9K FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Mountain Alliance AG, formerly known as Ecommerce Alliance AG, is venture capital firm specialized in growth capital, service company small to medium-sized companies with digital companies from the DACH region. The firm does not invest in the early stage. The firm primarily invests in digitally driven business models, disruptive and scalable business, Technology, digital business services, digital retail, and meta platforms & media. It seeks to invest in Switzerland, Germany and Austria. It prefers to invest between $0.11 million to $1.14 million in the company. It prefers to exit the investment between 4 to 6 years. Mountain Alliance AG was founded in 2010 and is based in Munich, Germany.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Mountain Alliance AG reported revenue of €145K in FY2024 versus €9.8M in FY2020, a compound −65.2%/yr. Reported net income was −€1.3M in FY2024.

Revenue −65.2%/yr
FY20 €9.8M
FY21 €10.1M
FY22 €11.4M
FY23 €150K
FY24 €145K
Net income
FY20 €3.2M
FY21 €3.8M
FY22 −€2.6M
FY23 −€1.1M
FY24 −€1.3M

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Frequently asked questions

Is Mountain Alliance AG (ECF) undervalued?
As of Jun 25, 2026, our model estimates a fair value of €0.8800 versus a price of €2.92 — about −70% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ECF?
Our 21-model fair value for Mountain Alliance AG is €0.8800 (as of Jun 25, 2026), built from audited fundamentals. The current price is €2.92.
What is the quality score of ECF?
Mountain Alliance AG has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mountain Alliance AG (ECF)?
Mountain Alliance AG reported trailing-twelve-month revenue of about €185K (latest available figure, as of Jun 25, 2026).
What is the net profit margin of ECF?
The net profit margin of Mountain Alliance AG is about -191.9%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.