EN DE

MLP SE (MLP) Fair Value & Analysis

Financial Services · DE · Market cap €826M

MS MLP SE MLP · XETRA
Price€7.73
Fair Value€7.54
Upside-2.5%
Quality39/100
Watch MLP SE for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 5.5% net margin
Moderate debt · negative free cash flow
4.76% dividend yield
Trails peers (4/14)
Narrow moat 44/100
Evidence: High Range €5.65 – €9.42 Share as image

Fair value as of: Jul 16, 2026

From 9 valuation models · updated 24 days ago

Share price +2.2% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€8.45 €3.75 Fair Value €7.54 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €3.75 – €8.45 · fair‑value band €5.65 – €9.42 · the €7.73 price screens above the €7.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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

Analysis

MLP SE (MLP) currently trades at €7.73, while our model-based Fair Value estimate is €7.54, implying the stock looks roughly 2.5% fairly valued today. The Quality Score stands at 39/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, MLP SE generated revenue of €1.0B at a net margin of 5.3%. Revenue grew 0.4% year over year. It earns a return on equity of 9.6%. Net debt stands at €3.2B. Fundamentals as of Jul 16, 2026

Our scenario range runs from €5.65 (bear case) to €9.42 (bull case); at €7.73, the current price sits within 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 14% below its 52-week high and 26% 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 -2%, MLP 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income €4.44 €4.79 €5.35 76
Gordon GGM €2.81 €5.06 €6.97 70
P/E Multiple €4.98 €6.65 €8.31 63
All 9 models by family
DCF Models
Owner Earnings €5.35 €13.34 €28.17 31
Earnings-Based
Graham-Dodd €3.48 €24.24 €34.02 54
Lynch FV €12.53 €17.89 €23.26 50
Dividend Discount
Gordon GGM €2.81 €5.06 €6.97 70
DDM Multi-Stage €2.81 €4.62 €5.41 61
Multiples
P/E Multiple €4.98 €6.65 €8.31 63
P/B Multiple €5.65 €7.54 €9.42 55
Asset-Based
NCAV (Graham) €2.69 €3.61 €5.38 50
Economic Profit
Residual Income €4.44 €4.79 €5.35 76

Widest divergence: Earnings-Based (€17.89) versus Asset-Based (€3.61). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) €1.0B
Revenue growth (YoY) +0.4%
Net margin 5.3%
Return on equity 9.6%
Free cash flow −€12.4M FY2025
P/E ratio 14.3
More key figures
Operating margin 13.5%
EPS (TTM) €0.5300
Dividend yield 4.5%
EPS growth (YoY) -47.6%
Net debt €3.2B FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 32 · Market factors (momentum, volatility) 55

Profitability 23
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

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

MLP SE, together with its subsidiaries, provides financial services to private, corporate, and institutional clients in Germany. It operates through Financial Consulting, Banking, FERI, DOMCURA, Industrial Broker, and Deutschland.Immobilien segments.

Full company description

MLP SE, together with its subsidiaries, provides financial services to private, corporate, and institutional clients in Germany. It operates through Financial Consulting, Banking, FERI, DOMCURA, Industrial Broker, and Deutschland.Immobilien segments. The Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, and occupational pension provision schemes; and health and non-life insurance, real estate brokerage, wealth management, and loans and mortgages, as well as the brokering of contracts in financial services. The Banking segment provides banking services, such as accounts, credit cards, loans, and wealth management solutions. This segment also offers securities custody, commission, investment consulting, and investment brokerage services. The FERI segment provides wealth and investment consulting to institutional investors and high net worth individuals. The DOMCURA segment operates as an underwriting agency that designs, develops, and implements coverage concepts in the field of non-life insurance products, as well as provides brokerage services. The Industrial Broker segment offers consulting services and insurances for industrial and commercial clients, as well as the brokerage of insurance policies. The Deutschland.Immobilien segment engages in the brokering of real estate properties; and development and sale of real estate projects. The company was formerly known as MLP AG and changed its name to MLP SE in September 2017. MLP SE was founded in 1971 and is headquartered in Wiesloch, Germany.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MLP SE reported revenue of €1.0B in FY2025 versus €923M in FY2021, a compound +3.2%/yr. Reported net income was €55.6M in FY2025, compounding −2.9%/yr from FY2021.

Growth Quality 35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
€1.0B
Latest YoY
−1.4%
Avg. growth/yr (3Y)
+4.0%
Avg. growth/yr (5Y)
+6.7%
Avg. growth/yr (19Y)
+3.1%
Revenue +3.2%/yr
FY21 €923M
FY22 €932M
FY23 €967M
FY24 €1.1B
FY25 €1.0B
Net income −2.9%/yr
FY21 €62.6M
FY22 €51.5M
FY23 €48.6M
FY24 €69.3M
FY25 €55.6M

Watch MLP: get an alert when its fair value changes →

Share or link this analysis
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.

Cite: Fair Value Calculator (2026). "MLP SE Fair Value". https://www.fairvalue-calculator.com/stock/MLP

Peer Group

Asset Management · 973 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.

Quality Score 38 · Bottom 25%
Fair Value upside −3% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 2% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 15% · Below median
Revenue growth 4% · Above median
Dividend yield (TTM) 4.8% · Above median
Debt / equity 0.52× · Higher than 75% of peers

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 14.3× · Pricier than median
P/B 1.63× · Pricier than 75% of peers
P/S (TTM) 0.90× · Cheaper than 75% of peers
EV/EBITDA 9.3× · Pricier than median
PEG 1.55× · Pricier than median

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.

VALUE 30 · sector 37
FUTURE 22 · sector 6
PAST 38 · sector 26
HEALTH 74 · sector 95
DIVIDEND 95 · sector 69

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

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 16, 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 MLP SE with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

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

Frequently asked questions

Is MLP SE (MLP) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €7.54 versus a price of €7.73, about −2% (fairly valued).
What is the fair value of MLP?
Our model-based fair value for MLP SE is €7.54 (as of Jul 16, 2026), built from audited fundamentals. The current price is €7.73.
What is the quality score of MLP?
MLP SE has a Quality Score of 39/100. 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 revenue of MLP SE (MLP)?
MLP SE reported trailing-twelve-month revenue of about €1.0B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of MLP?
The net profit margin of MLP SE is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does MLP SE pay a dividend?
MLP SE currently shows a dividend yield of about 4.45% relative to its recent price (as of Jul 16, 2026).

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.

14 days Pro free · no card

Track MLP SE 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.