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Lampetia AG (LEH) fair value: what the stock is really worth

As of Oct 5, 2026: fair value of Lampetia AG €0.12, price €0.16, upside -23.1%, quality 69 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
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Financial Services · DE · ISIN DE000A2DA406

LA Thin data Sep 27, 2026

Lampetia AG

LEH · F

Overvalued / MonitorQuality is not strong enough to offset the price risk.

Quality 69/100
Highly profitable · 90.6% net margin (TTM)
Mixed vs. peers (3/7)
Fair value €0.1200 · Overvalued (−23.1%)
Weak Growth (revenue 3y −7.5 %/yr in EUR)
Narrow moat 34/100
Thin data

What runs behind every stock

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

Price vs Fair Value

€1.30 €0.0060 Fair Value €0.1200 Aug 2021 Oct 2026

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 €0.0060 – €1.30 · fair‑value band €0.0900 – €0.1500 · the €0.1560 price screens above the €0.1200 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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Company profile

Lampetia AG operates in corporate investments sector in Germany. The company was formerly known as Lehner Investments AG. The company was founded in 1990 and is based in Hamburg, Germany. Lampetia AG is a subsidiary of Gsr GmbH.

Stock analysis

Lampetia AG (LEH) currently trades at €0.1560, while our model-based Fair Value estimate is €0.1200, 23.1% below the price, so the stock looks overvalued today.

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Valuation

How firm this estimate is: it rests on 9 models at a data quality of 89/100, which puts the evidence level at low.

Scenario range: €0.0900 (bear) to €0.1500 (bull), the price of €0.1560 sits above 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 69/100 (solid quality), in the Financial Services sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Lampetia AG reported revenue of €29.6K in FY2025 versus €105K in FY2021, a compound −27.2%/yr. Reported net income was €26.9K in FY2025, compounding −64.3%/yr from FY2021.

Key figures

Market cap €10.9M · Net margin 90.6% · Return on equity 0.3% · Return on assets (EBIT) −3.3% · Operating margin −1,323% · Revenue (TTM) €29.6K · Revenue growth (YoY) +85.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).

What moves the price

The share trades about 25% below its 52-week high and 255% 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 −23%, LEH screens richer than that median.

Fair Value models

Bear €0.0900 Fair Value €0.1200 Bull €0.1500
Price €0.1560 · Upside -23.1%
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.
Highest evidence
P/B Multiple €0.0900 €0.1200 €0.1500 55
NCAV (Graham) €0.0700 €0.0900 €0.1400 51
All 2 models by family
Multiples
P/B Multiple €0.0900 €0.1200 €0.1500 55
Asset-Based
NCAV (Graham) €0.0700 €0.0900 €0.1400 51

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Quality Score breakdown

Overall quality 69/100

Of which business quality 66 · Market factors (momentum, volatility) 79

Profitability 28
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 96
Share count: buybacks or dilution?

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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. 23/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+173.4%
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.
−7.5%
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.
−55.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−55.9%
Dividend (yield on the price)0.0%
Profit margin 2021 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.−236% → −2,064%

LEH screens overvalued: fair value 23% below the price. Compare with Blackstone Inc →

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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 · 665 stocks

Beats the industry median on 3/7 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 69 · Top 25%
Fair Value upside −23.1% · Bottom 25%
Profitability
Return on equity (TTM) 0.3% · Below median
Return on assets −3.6% · Bottom 25%
Net margin (TTM) 90.6% · Top 25%
Growth and dividend
Revenue growth 85.2% · Top 25%

Valuation Multiplesvs Asset Management median · lower = cheaper

P/B 1.23× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)3 · sector 61
FUTURE (revenue growth)100 · sector 38
PAST (return on equity)1 · sector 23
HEALTH (low debt)0 · sector 95
DIVIDEND (yield)0 · sector 82

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 Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $112.09 $52.29 −53%
KKR & Co KKR $90.29 $29.26 −68%
Brookfield Corporation BN $36.87 $13.45 −64%
Apollo Global Management, Inc APO $116.06 $197.23 +70%
State Street Corporation STT $175.96 $139.37 −21%
Ameriprise Financial, Inc AMP $494.82 $595.40 +20%
Ares Management Corporation ARES $122.01 $103.68 −15%
Northern Trust Corporation NTRS $175.73 $123.42 −30%
Raymond James Financial, Inc RJF $158.21 $316.42 +100%
Exor N.V EXO €68.10 €136.20 +100%

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Cite: Fair Value Calculator (2026). "Lampetia AG Fair Value". https://www.fairvalue-calculator.com/stock/LEH

Frequently asked questions

Is Lampetia AG (LEH) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €0.1200 versus a price of €0.1560, about −23% upside (overvalued).
What is the fair value of LEH?
Our model-based fair value for Lampetia AG is €0.1200 (as of Sep 27, 2026), built from audited fundamentals. The current price: €0.1560.
What is the quality score of LEH?
Lampetia AG has a Quality Score of 69/100. 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 Lampetia AG (LEH)?
Our model-based price target is the fair value of €0.1200 (as of Sep 27, 2026) from 2 valuation models. Cautious scenario €0.0900, optimistic scenario €0.1500. It is a calculation from audited fundamentals, not an analyst target.
What is the Lampetia AG stock forecast for 2026?
Our models put fair value at €0.1200, about −23% upside versus a price of €0.1560 (overvalued). Cautious scenario €0.0900, optimistic scenario €0.1500. The calculation is refreshed regularly with new filings.
What is the revenue of Lampetia AG (LEH)?
Lampetia AG reported trailing-twelve-month revenue of about €29.6K (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of Lampetia AG (LEH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lampetia AG it is €0.1200 per share (as of Sep 27, 2026), against a price of €0.1560. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Lampetia AG stock overvalued or undervalued in 2026?
As of Sep 27, 2026, LEH trades above its calculated fair value: price €0.1560, fair value €0.1200, a gap of about −23% (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 LEH?
No. The price is what the market pays today (€0.1560); the fair value is what the company's own numbers justify (€0.1200). For Lampetia AG the two are €0.0360 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lampetia AG worth?
The market values Lampetia AG at about €10.9M (market capitalisation, as of Sep 27, 2026). Per share that is €0.1560; our models calculate a fair value of €0.1200 per share.
What do the bullish and bearish scenarios say about LEH?
Our models span a range for Lampetia AG: cautious scenario €0.0900, base €0.1200, optimistic €0.1500 per share (as of Sep 27, 2026, price €0.1560). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Lampetia AG (LEH)?
Balance-sheet figures for Lampetia AG (as of Sep 27, 2026): return on equity 0.3%. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is LEH from its 52-week high?
Lampetia AG trades at €0.1560, about 25% below its 52-week high of €0.2080 and 255% above the low of €0.0440 (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of €0.1200 is for.
Which stocks are comparable to Lampetia 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 Lampetia AG stock attractive at the current price?
The data as of Sep 27, 2026: price €0.1560, calculated fair value €0.1200 (−23%), Quality Score 69/100, 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 LEH calculated?
We run Lampetia 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 €0.1200, 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 15.0 % above its aggregate fair value. Lampetia AG 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 Lampetia AG (LEH)?
The closing price on Oct 5, 2026 was €0.1560. Our model-based fair value is €0.1200, about −23% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lampetia AG right now?
The price sits above even our optimistic bull case (€0.1500). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder. 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 Lampetia AG

How large is the market capitalisation of Lampetia AG (LEH)?
The market capitalisation of Lampetia AG is €10.9M. 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 net margin of Lampetia AG (LEH)?
The net margin of Lampetia AG is 90.6% (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 Lampetia AG (LEH)?
The return on equity (ROE) of Lampetia AG is 0.3% (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 Lampetia AG (LEH)?
On an EBIT basis the return on assets of Lampetia AG is −3.3% (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 Lampetia AG (LEH)?
The operating margin of Lampetia AG is −1,323% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lampetia AG (LEH)?
Revenue at Lampetia AG is growing +85.2% versus a year earlier (3y avg −7.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
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