Hypoport SE (HYQ) fair value: what the stock is really worth
As of Sep 28, 2026: fair value of Hypoport SE €51.14, price €73.75, upside -30.7%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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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 €68.80 – €600.00 · fair‑value band €33.62 – €76.68 · the €73.75 price screens above the €51.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Hypoport SE develops, operates, and markets technology platforms for the credit, housing, and insurance industries in Germany. The company operates through three segments: Real Estate & Mortgage Platforms, Financing Platforms, and Insurance Platforms.
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Hypoport SE develops, operates, and markets technology platforms for the credit, housing, and insurance industries in Germany. The company operates through three segments: Real Estate & Mortgage Platforms, Financing Platforms, and Insurance Platforms. The Real Estate & Mortgage Platforms segment is involved in the development of technology platforms for brokering, financing, and valuing private residential properties. The Financing Platforms segment provides finance products outside the mortgage finance sector, including housing industry, corporate finance, and personal loans. The Insurance Platforms segment develops platforms for insurance distributors in the markets for tariff based retail and small commercial insurance, industrial insurance and occupational insurance. It also operates Europace, an internet based B2B marketplace for the sale of personal loan products and payment protection policies to private clients; Smart Insur platform for the sale and administration of insurance products with variable prices; and Corify and ePension B2B platforms for the administration of industrial insurance, health and occupational pension insurance. Hypoport SE was founded in 1954 and is based in Berlin, Germany.
Stock analysis
Hypoport SE (HYQ) currently trades at €73.75, while our model-based Fair Value estimate is €51.14, implying the stock looks roughly 44.2% overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of €68.77 per share, and 2 of the 11 models we run sit above the €73.75 price.
Bear case: the Asset-Based group reads lowest at €37.86, and 9 of the 11 models stay below the price. Evidence for this calculation is medium.
Scenario range: €33.62 (bear) to €76.68 (bull), the price of €73.75 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 55/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hypoport SE reported revenue of €603M in FY2025 versus €446M in FY2021, a compound +7.8%/yr. Reported net income was €26.0M in FY2025, compounding −3.6%/yr from FY2021.
Key figures
Market cap €600M · P/E ratio 17.4 · P/S ratio 0.75 · EPS (TTM) €4.23 · Net margin 4.3% · Return on equity 7.5% · Return on assets (EBIT) 4.0% · Operating margin 6.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at −31%, HYQ screens richer than that median.
Fair Value models
Bear €33.62Fair Value €51.14Bull €76.68
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 (€3.15 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.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.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+7.5%
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.
+9.8%
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.
+9.2%
Start year 2020 (pandemic). Over 10 years: +15.8% a year
Revenue growth 19 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.
+17.7%
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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.
−2.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−2.2%
Dividend (yield on the price)0.0%
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.−2.2% vs 4.0%, 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.9% → 5%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+22.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+8.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +19.8% a year for the price and +6.1% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (88 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
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.Credit Services · 332 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside−30.7% · Below median
Profitability
Return on equity (TTM)7.5% · Below median
Return on assets3.1% · Above median
Net margin (TTM)4.6% · Bottom 25%
Operating margin (TTM)6.9% · Bottom 25%
Growth and dividend
Revenue growth6.3% · Below median
Balance sheet
Debt / equity0.26× · Below median
Valuation Multiplesvs Credit Services median · lower = cheaper
P/E (TTM)17.4× · Pricier than median
P/B1.60× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM)0.98× · Cheapest 25%
P/FCF27.8× · Priciest 25%
EV/EBITDA15.2× · Pricier than median
PEG4.52× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 49
FUTURE (revenue growth)32· sector 46
PAST (return on equity)30· sector 32
HEALTH (low debt)87· sector 59
DIVIDEND (yield)0· sector 63
VALUE 0: the price sits above our fair-value range.
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). "Hypoport SE Fair Value". https://www.fairvalue-calculator.com/stock/HYQ
Frequently asked questions
Is Hypoport SE (HYQ) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €51.14 versus a price of €73.75, about −31% upside (overvalued).
What is the fair value of HYQ?
Our model-based fair value for Hypoport SE is €51.14 (as of Sep 27, 2026), built from audited fundamentals. The current price: €73.75.
What is the quality score of HYQ?
Hypoport SE has a Quality Score of 55/100. 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 Hypoport SE (HYQ)?
Our model-based price target is the fair value of €51.14 (as of Sep 27, 2026) from 11 valuation models. Cautious scenario €33.62, optimistic scenario €76.68. It is a calculation from audited fundamentals, not an analyst target.
What is the Hypoport SE stock forecast for 2026?
Our models put fair value at €51.14, about −31% upside versus a price of €73.75 (overvalued). Cautious scenario €33.62, optimistic scenario €76.68. The calculation is refreshed regularly with new filings.
What is the revenue of Hypoport SE (HYQ)?
Hypoport SE reported trailing-twelve-month revenue of about €613M (latest available figure, as of Sep 27, 2026).
What growth is priced into Hypoport SE (HYQ)?
For today's price to be fair in a discounted-cash-flow model, Hypoport SE would have to grow free cash flow by +22.4 % per year for five years (discount rate 13.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.2 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of HYQ use?
Our models discount Hypoport SE at 13.5 %: a base by market capitalisation (small), damped by beta 2.32, 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 Hypoport SE that is +22.4 % per year a year over ten years, using the same discount rate (13.5 %) and the same formula as our fair value.
How much growth has Hypoport SE (HYQ) delivered so far?
Over the past 5 years revenue at Hypoport SE grew +9.2 % a year. The price currently implies +22.4 % 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 Hypoport SE (HYQ) growing?
The median revenue growth in the sector is +9.1 % a year. That is the yardstick for the growth priced into Hypoport SE (+22.4 % 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 Hypoport SE (HYQ)?
The free-cash-flow yield on the price is 4.36 %: that much free cash flow Hypoport SE produces per unit of market value. When it exceeds the discount rate of our models (13.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hypoport SE (HYQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hypoport SE it is €51.14 per share (as of Sep 27, 2026), against a price of €73.75. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Hypoport SE stock overvalued or undervalued in 2026?
As of Sep 27, 2026, HYQ trades above its calculated fair value: price €73.75, fair value €51.14, a gap of about −31% (overvalued). 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 HYQ?
No. The price is what the market pays today (€73.75); the fair value is what the company's own numbers justify (€51.14). For Hypoport SE the two are €22.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hypoport SE worth?
The market values Hypoport SE at about €600M (market capitalisation, as of Sep 27, 2026). Per share that is €73.75; our models calculate a fair value of €51.14 per share.
What do the bullish and bearish scenarios say about HYQ?
Our models span a range for Hypoport SE: cautious scenario €33.62, base €51.14, optimistic €76.68 per share (as of Sep 27, 2026, price €73.75). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HYQ?
Hypoport SE trades at a price-to-earnings ratio of 17.4 (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 €51.14 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 19.1 (reported for FY2025: 18.1). Other multiples: PEG 4.5, P/B 1.6, P/S 1.0, EV/EBITDA 15.2.
What is the PEG ratio of HYQ?
The PEG ratio of Hypoport SE is 4.52 (P/E divided by earnings growth, as of Sep 27, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Hypoport SE (HYQ)?
Balance-sheet figures for Hypoport SE (as of Sep 27, 2026): return on equity 7.5%, debt of 0.26 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is HYQ from its 52-week high?
Hypoport SE trades at €73.75, about 53% below its 52-week high of €155.60 and 7% above the low of €68.80 (as of Sep 28, 2026). Distance from the high says nothing about value: that is what the fair value of €51.14 is for.
Which stocks are comparable to Hypoport SE?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, 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 Hypoport SE stock attractive at the current price?
The data as of Sep 27, 2026: price €73.75, calculated fair value €51.14 (−31%), Quality Score 55/100, from 11 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 HYQ calculated?
We run Hypoport SE through 11 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 €51.14, 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 15.9 % above its aggregate fair value. Hypoport SE itself currently trades above fair value. 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 Hypoport SE (HYQ)?
The closing price on Sep 28, 2026 was €73.75. Our model-based fair value is €51.14, about −31% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hypoport SE right now?
Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€33.62 to €76.68) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Hypoport SE (HYQ) come from?
Earnings per share at Hypoport SE grew +3.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +15.6 %, EBIT margin −14.0 %, tax rate +2.5 %, residual (interest, one-offs) +1.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hypoport SE
How large is the market capitalisation of Hypoport SE (HYQ)?
The market capitalisation of Hypoport SE is €600M. 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 Hypoport SE (HYQ)?
The price-to-sales ratio of Hypoport SE is 0.75 (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 Hypoport SE (HYQ)?
Earnings per share at Hypoport SE are €4.23 (price ÷ EPS = P/E 17.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hypoport SE (HYQ)?
The net margin of Hypoport SE is 4.3% (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 Hypoport SE (HYQ)?
The return on equity (ROE) of Hypoport SE is 7.5% (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 Hypoport SE (HYQ)?
On an EBIT basis the return on assets of Hypoport SE is 4.0% (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 Hypoport SE (HYQ)?
The operating margin of Hypoport SE is 6.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hypoport SE (HYQ)?
Revenue at Hypoport SE is growing +6.3% versus a year earlier (3y avg +9.8%). 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 Hypoport SE (HYQ)?
Earnings per share at Hypoport SE are growing +43.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hypoport SE (HYQ) carry?
The net debt of Hypoport SE is €84.4M (fiscal year 2025, ≈ 3.9 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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