GBK Beteiligungen AG (GBQ) fair value: what the stock is really worth
As of Sep 17, 2026: fair value of GBK Beteiligungen AG €6.23, price €6.00, upside +3.8%, quality 65 out of 100. 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, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range €1.28 – €6.25 · fair‑value band €4.67 – €7.79 · the €6.00 price screens below the €6.23 fair value. Dashed = 300-day average. As of Sep 27, 2026.
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GBK Beteiligungen AG is a private equity firm specializing in later stage, middle market, management buyouts, ownership buyouts, management buy-ins, spin offs as well as expansion financing, succession, emerging growth and bridge financing. The firm typically co-invests alongside its cooperation partner Hannover Finanz GmbH.
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GBK Beteiligungen AG is a private equity firm specializing in later stage, middle market, management buyouts, ownership buyouts, management buy-ins, spin offs as well as expansion financing, succession, emerging growth and bridge financing. The firm typically co-invests alongside its cooperation partner Hannover Finanz GmbH. It invests in all industries with a focus on production, trade and service companies. The firm prefers to invest in Germany, Austria, and Switzerland. It typically invests a minimum of "3 million ($3.37 million) in companies with maximum enterprise values of "150 million ($168.56 million) and an annual turnover of at least "20 million ($22.47 million). GBK prefers to take a minority equity stake in the transaction it participates. The firm has an average holding period of eight years. GBK Beteiligungen AG was founded in 1969 and is based in Hannover, Germany.
Stock analysis
GBK Beteiligungen AG (GBQ) currently trades at €6.00, while our model-based Fair Value estimate is €6.23, so the stock looks roughly fairly valued today (gap 3.7%).
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Valuation
How firm this estimate is: it rests on 11 models at a data quality of 89/100, which puts the evidence level at low.
Scenario range: €4.67 (bear) to €7.79 (bull), the price of €6.00 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 65/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
GBK Beteiligungen AG reported revenue of €420K in FY2025 versus €14.0M in FY2021, a compound −58.4%/yr. Reported net income was €1.3M in FY2025, compounding −41.7%/yr from FY2021.
Key figures
Market cap €40.5M · P/E ratio 31.6 · P/S ratio 95.5 · EPS (TTM) €0.1900 · Dividend yield 5.0% · Net margin 47.4% · Return on equity 2.6% · Return on assets (EBIT) 3.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at 4%, GBQ screens cheaper than that median.
Fair Value models
Bear €4.67Fair Value €6.23Bull €7.79
Price €6.00 · Upside +3.8%
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.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.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.
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.16/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−69.3%
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.
−62.3%
Revenue growth 10 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.
−15.3%
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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.
−30.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−35.0%
Dividend (yield on the price)5.0%
Profit margin 2019 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.−22% → 192%
⚠ Revenue per share shrinking 14.4%/yr over ~6Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Asset Management · 663 stocks
Beats the industry median on 4/11 measures
Overall it trails its industry peers.
Valuation
Quality Score65 · Above median
Fair Value upside+3.8% · Below median
Profitability
Return on equity (TTM)2.6% · Below median
Return on assets0.1% · Below median
Net margin (TTM)47.4% · Above median
Operating margin (TTM)2.0% · Bottom 25%
Growth and dividend
Revenue growth0.0% · Below median
Dividend yield (TTM)5.0% · Above median
Valuation Multiplesvs Asset Management median · lower = cheaper
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). "GBK Beteiligungen AG Fair Value". https://www.fairvalue-calculator.com/stock/GBQ
Frequently asked questions
Is GBK Beteiligungen AG (GBQ) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €6.23 versus the last price from Sep 17, 2026 of €6.00, about +4% upside (fairly valued).
What is the fair value of GBQ?
Our model-based fair value for GBK Beteiligungen AG is €6.23 (as of Sep 27, 2026), built from audited fundamentals. Last price (from Sep 17, 2026): €6.00.
What is the quality score of GBQ?
GBK Beteiligungen AG has a Quality Score of 65/100. 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 GBK Beteiligungen AG (GBQ)?
Our model-based price target is the fair value of €6.23 (as of Sep 27, 2026) from 2 valuation models. Cautious scenario €4.67, optimistic scenario €7.79. It is a calculation from audited fundamentals, not an analyst target.
What is the GBK Beteiligungen AG stock forecast for 2026?
Our models put fair value at €6.23, about +4% upside versus the last price from Sep 17, 2026 of €6.00 (fairly valued). Cautious scenario €4.67, optimistic scenario €7.79. The calculation is refreshed regularly with new filings.
Does GBK Beteiligungen AG pay a dividend?
GBK Beteiligungen AG currently shows a dividend yield of about 5.00% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of GBK Beteiligungen AG (GBQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For GBK Beteiligungen AG it is €6.23 per share (as of Sep 27, 2026), against a price of €6.00. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is GBK Beteiligungen AG stock overvalued or undervalued in 2026?
As of Sep 27, 2026, GBQ trades below its calculated fair value: price €6.00, fair value €6.23, a gap of about +4% (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 GBQ?
No. The price is what the market pays today (€6.00); the fair value is what the company's own numbers justify (€6.23). For GBK Beteiligungen AG the two are €0.2300 per share apart. That gap is exactly why we show both numbers side by side.
How much is GBK Beteiligungen AG worth?
The market values GBK Beteiligungen AG at about €40.5M (market capitalisation, as of Sep 27, 2026). Per share that is €6.00; our models calculate a fair value of €6.23 per share.
What do the bullish and bearish scenarios say about GBQ?
Our models span a range for GBK Beteiligungen AG: cautious scenario €4.67, base €6.23, optimistic €7.79 per share (as of Sep 27, 2026, price €6.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GBQ?
GBK Beteiligungen AG trades at a price-to-earnings ratio of 31.6 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €6.23 is built from several models across several years. Other multiples: P/B 0.8, P/S 15.1.
How solid is the balance sheet of GBK Beteiligungen AG (GBQ)?
Balance-sheet figures for GBK Beteiligungen AG (as of Sep 27, 2026): return on equity 2.6%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is GBQ from its 52-week high?
GBK Beteiligungen AG trades at €6.00, about 4% below its 52-week high of €6.25 and 29% above the low of €4.64 (as of Sep 17, 2026). Distance from the high says nothing about value: that is what the fair value of €6.23 is for.
Which stocks are comparable to GBK Beteiligungen AG?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, 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 GBK Beteiligungen AG stock attractive at the current price?
The data as of Sep 27, 2026: price €6.00, calculated fair value €6.23 (+4%), Quality Score 65/100, from 2 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 GBQ calculated?
We run GBK Beteiligungen AG through 2 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 €6.23, 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 14.9 % above its aggregate fair value. GBK Beteiligungen AG currently trades 4 % 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 GBK Beteiligungen AG (GBQ)?
The latest price we hold is from Sep 17, 2026 and stands at €6.00. Our model-based fair value is €6.23, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with GBK Beteiligungen AG right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of GBK Beteiligungen AG
How large is the market capitalisation of GBK Beteiligungen AG (GBQ)?
The market capitalisation of GBK Beteiligungen AG is €40.5M. 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 GBK Beteiligungen AG (GBQ)?
The price-to-sales ratio of GBK Beteiligungen AG is 95.5 (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 GBK Beteiligungen AG (GBQ)?
Earnings per share at GBK Beteiligungen AG are €0.1900 (price ÷ EPS = P/E 31.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of GBK Beteiligungen AG (GBQ)?
The dividend yield of GBK Beteiligungen AG is 5.0% (payout 158%). 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 GBK Beteiligungen AG (GBQ)?
The net margin of GBK Beteiligungen AG is 47.4% (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 GBK Beteiligungen AG (GBQ)?
The return on equity (ROE) of GBK Beteiligungen AG is 2.6% (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 GBK Beteiligungen AG (GBQ)?
On an EBIT basis the return on assets of GBK Beteiligungen AG is 3.4% (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 GBK Beteiligungen AG (GBQ)?
The operating margin of GBK Beteiligungen AG is 2.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
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