H-FARM S.p.A (FARM) Fair Value & Analysis
Financial Services · IT · Market cap €43.2M
Fair value as of: Jul 26, 2026
From 7 valuation models · updated 16 days ago
Share price −5.6% over the past month.
A solid business, screening 42% undervalued on our models.
What matters now
- The price is below even our cautious bear case (€0.2200). The market is more pessimistic than our downside scenario.
- Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 26, 2026.
How to read this chart
60‑month range €0.0867 – €0.2441 · fair‑value band €0.2200 – €0.3700 · the €0.2040 price screens below the €0.2900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 26, 2026.
Analysis
H-FARM S.p.A (FARM) currently trades at €0.2040, while our model-based Fair Value estimate is €0.2900, implying the stock looks roughly 42.2% undervalued today. The Quality Score stands at 52/100 (solid 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: medium), always confirm before acting.
Trailing-twelve-month revenue stands at €29.8M. Revenue declined 44.1% year over year. It earns a return on equity of 219.0%. Net debt stands at €6.8M. Fundamentals as of Jul 26, 2026
Our scenario range runs from €0.2200 (bear case) to €0.3700 (bull case); at €0.2040, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 69% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 42%, FARM screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 7 models by family
Widest divergence: DCF Models (€1.87) versus Asset-Based (€0.1400). Highest evidence: P/E Multiple (63).
Notify me when FARM reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 26, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 70
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
H-FARM S.p.A. is venture capital firm specializing in pre-seed and seed stages, direct and fund of fund investments. Within direct investments, the firm focuses on incubation, start-up investments in the digital, blockchain, edutech, agritech, fashion and innovation sectors. Within fund of fund investments, the firm focuses on venture capital funds.
Full company description
H-FARM S.p.A. is venture capital firm specializing in pre-seed and seed stages, direct and fund of fund investments. Within direct investments, the firm focuses on incubation, start-up investments in the digital, blockchain, edutech, agritech, fashion and innovation sectors. Within fund of fund investments, the firm focuses on venture capital funds. The firm also has an acceleration program and provides business consultancy. It makes investments in Italian companies. The firm takes balance sheet investments. H-FARM S.p.A. was founded in January 2005 and is based in Roncade, Italy with additional offices in Milan, Italy, Rome, Italy and Turin, Italy.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
H-FARM S.p.A reported revenue of €38.5M in FY2025 versus €60.1M in FY2021, a compound −10.5%/yr. Reported net income was €34.4M in FY2025.
Watch FARM: get an alert when its fair value changes →
Peer Group
Asset Management · 971 stocks
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.
Valuation Multiples vs Asset Management median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Fondul Proprietatea SA FP | $0.0420 | $0.0800 | +90% |
| BlackRock, Inc BLK | $1,136 | $465.75 | -59% |
| Blackstone Inc BX | $124.56 | $16.35 | -87% |
| Investor AB INVEB | kr 423.70 | kr 847.40 | +100% |
| Brookfield Corporation BN | C$62.45 | C$10.12 | -84% |
| KKR & Co KKR | $100.94 | $44.88 | -56% |
| AB Industrivärden INDUA | kr 532.50 | kr 1,065 | +100% |
| Jio Financial Services Limited JIOFIN | ₹242.98 | ₹40.19 | -83% |
| Hedef Holding HEDEF | 267.25 TRY | 320.98 TRY | +20% |
| Bajaj Holdings BAJAJHLDNG | ₹10,398 | ₹9,202 | -12% |
Compare H-FARM S.p.A with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is H-FARM S.p.A (FARM) overvalued or undervalued?
What is the fair value of FARM?
What is the quality score of FARM?
What is the revenue of H-FARM S.p.A (FARM)?
What is the net profit margin of FARM?
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.
Track H-FARM S.p.A and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.