EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Ming Le Sports AG (ML2) fair value: what the stock is really worth

As of Oct 5, 2026: fair value of Ming Le Sports AG €0.29, price €0.60, upside -51.7%, quality 43 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? No
  3. Add to watchlist

Consumer Cyclical · DE · ISIN DE000A2LQ728

ML Thin data Sep 27, 2026

Ming Le Sports AG

ML2 · F

Weakest SetupStrongly overvalued and low quality.

Quality 43/100
Fair value €0.2900 · Strongly overvalued (−51.7%)
Weak Growth
Negative free cash flow
Trails peers (0/6)
Narrow moat 5/100
Thin data
Watch Ming Le Sports AG for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

Price vs Fair Value

€3.00 €0.0005 Fair Value €0.2900 Jul 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 €0.0005 – €3.00 · fair‑value band €0.1900 – €0.3600 · the €0.6000 price screens above the €0.2900 fair value. Dashed = 300-day average. As of Sep 27, 2026.

Follow Ming Le Sports in your weekly email

Every Wednesday you see whether Ming Le Sports is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Ming Le Sports AG engages in research, development, manufacturing, sale, distribution, and marketing of footwear, clothing, accessories, and sporting goods. It offers sports shoes, sportswear, and accessories. The company was founded in 2000 and is based in Mühltal, Germany.

Stock analysis

Ming Le Sports AG (ML2) currently trades at €0.6000, while our model-based Fair Value estimate is €0.2900, 51.7% below the price, so the stock looks overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Scenario range: €0.1900 (bear) to €0.3600 (bull), the price of €0.6000 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 43/100 (below-average quality), in the Consumer Cyclical sector.

Weak Growth: Revenue growth is weak, negative or inconsistent.

Ming Le Sports AG reported revenue of €2.1K in FY2025 versus €0 in FY2021. Reported net income was −€322K in FY2025.

Key figures

Market cap €1.8M · EPS (TTM) €−0.1000 · Return on equity −30.4% · Return on assets (EBIT) −20.9% · Operating margin −3,968% · Revenue (TTM) €2.1K · Revenue growth (YoY) −94.8% · EPS growth (YoY) −81.0%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).

What moves the price

The share trades about 43% below its 52-week high and 29,900% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at −18% fair-value upside, at −52%, ML2 screens richer than that median.

Fair Value models

Bear €0.1900 Fair Value €0.2900 Bull €0.3600
Price €0.6000 · Upside -51.7%
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
NCAV (Graham) €0.1500 €0.2000 €0.2900 51
All 1 models by family
Asset-Based
NCAV (Graham) €0.1500 €0.2000 €0.2900 51

Open the full fair value analysis →

Notify me when ML2 reaches fair value

Put ML2 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 30

Profitability 0
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

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. 0/100
Revenue growth is weak, negative or inconsistent.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

ML2 screens overvalued: fair value 52% below the price. Compare with Ralph Lauren Corporation →

Compare Ming Le Sports AG with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Apparel Manufacturing · 217 stocks

Beats the industry median on 0/5 measures
Overall it trails its industry peers.
Valuation
Quality Score 43 · Bottom 25%
Fair Value upside −51.7% · Bottom 25%
Profitability
Return on assets −18.8% · Bottom 25%
Growth and dividend
Revenue growth −94.8% · Bottom 25%

Valuation Multiplesvs Apparel Manufacturing median · lower = cheaper

P/B 2.31× · Pricier than median

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Ralph Lauren Corporation RL $357.10 $225.10 −37%
Moncler S.p.A MONC €43.70 €50.69 +16%
LPP SA LPP 24,900 PLN 20,032 PLN −20%
Levi Strauss & Co LEVI $19.73 $16.26 −18%
Gildan Activewear Inc GIL $41.92 $46.11 +10%
Bosideng International Holdings 3998 HK$3.97 HK$7.44 +87%
Youngor Fashion Co 600177 ¥8.29 ¥5.59 −33%
V.F. Corporation VFC $14.33 $8.68 −39%
Page Industries Limited PAGEIND ₹37,695 ₹28,533 −24%
Hla Group 600398 ¥5.66 ¥11.97 +111%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

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.

Ming Le Sports AG · Fair Value
€0.2900 −52%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Ming Le Sports AG Fair Value". https://www.fairvalue-calculator.com/stock/ML2

Frequently asked questions

Is Ming Le Sports AG (ML2) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €0.2900 versus a price of €0.6000, about −52% upside (overvalued).
What is the fair value of ML2?
Our model-based fair value for Ming Le Sports AG is €0.2900 (as of Sep 27, 2026), built from audited fundamentals. The current price: €0.6000.
What is the quality score of ML2?
Ming Le Sports AG has a Quality Score of 43/100. 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 Ming Le Sports AG (ML2)?
Our model-based price target is the fair value of €0.2900 (as of Sep 27, 2026) from 1 valuation models. Cautious scenario €0.1900, optimistic scenario €0.3600. It is a calculation from audited fundamentals, not an analyst target.
What is the Ming Le Sports AG stock forecast for 2026?
Our models put fair value at €0.2900, about −52% upside versus a price of €0.6000 (overvalued). Cautious scenario €0.1900, optimistic scenario €0.3600. The calculation is refreshed regularly with new filings.
What is the revenue of Ming Le Sports AG (ML2)?
Ming Le Sports AG reported trailing-twelve-month revenue of about €2.1K (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of Ming Le Sports AG (ML2)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ming Le Sports AG it is €0.2900 per share (as of Sep 27, 2026), against a price of €0.6000. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Ming Le Sports AG stock overvalued or undervalued in 2026?
As of Sep 27, 2026, ML2 trades above its calculated fair value: price €0.6000, fair value €0.2900, a gap of about −52% (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 ML2?
No. The price is what the market pays today (€0.6000); the fair value is what the company's own numbers justify (€0.2900). For Ming Le Sports AG the two are €0.3100 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ming Le Sports AG worth?
The market values Ming Le Sports AG at about €1.8M (market capitalisation, as of Sep 27, 2026). Per share that is €0.6000; our models calculate a fair value of €0.2900 per share.
What do the bullish and bearish scenarios say about ML2?
Our models span a range for Ming Le Sports AG: cautious scenario €0.1900, base €0.2900, optimistic €0.3600 per share (as of Sep 27, 2026, price €0.6000). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ming Le Sports AG (ML2)?
Balance-sheet figures for Ming Le Sports AG (as of Sep 27, 2026): return on equity −30.4%. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is ML2 from its 52-week high?
Ming Le Sports AG trades at €0.6000, about 43% below its 52-week high of €1.05 and 29,900% above the low of €0.0020 (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of €0.2900 is for.
Which stocks are comparable to Ming Le Sports AG?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, LPP SA, Levi Strauss & Co, 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 Ming Le Sports AG stock attractive at the current price?
The data as of Sep 27, 2026: price €0.6000, calculated fair value €0.2900 (−52%), Quality Score 43/100, from 1 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 ML2 calculated?
We run Ming Le Sports AG through 1 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 €0.2900, 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. Ming Le Sports 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 Ming Le Sports AG (ML2)?
The closing price on Oct 5, 2026 was €0.6000. Our model-based fair value is €0.2900, about −52% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ming Le Sports AG right now?
The price sits above even our optimistic bull case (€0.3600). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (€0.1900 to €0.3600) leaves room in how you read the outcome.

Key figures of Ming Le Sports AG

How large is the market capitalisation of Ming Le Sports AG (ML2)?
The market capitalisation of Ming Le Sports AG is €1.8M. 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 are the earnings per share of Ming Le Sports AG (ML2)?
Earnings per share at Ming Le Sports AG are €−0.1000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Ming Le Sports AG (ML2)?
The return on equity (ROE) of Ming Le Sports AG is −30.4% (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 Ming Le Sports AG (ML2)?
On an EBIT basis the return on assets of Ming Le Sports AG is −20.9% (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 Ming Le Sports AG (ML2)?
The operating margin of Ming Le Sports AG is −3,968% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ming Le Sports AG (ML2)?
Revenue at Ming Le Sports AG is growing −94.8% versus a year earlier. 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 Ming Le Sports AG (ML2)?
Earnings per share at Ming Le Sports AG are growing −81.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ming Le Sports AG (ML2) generate?
The free cash flow of Ming Le Sports AG is −€217K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed

Watch Ming Le Sports AG in the live analysis

One click puts Ming Le Sports AG on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.