EN DE

Moltiply Group (MOL) Fair Value & Analysis

Financial Services · IT · Market cap €1.3B

MG Moltiply Group MOL · MI
Price€38.90
Fair Value€9.95
Upside-74.4%
Quality61/100
Watch Moltiply Group for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 5.3% net margin
Moderate debt · generates free cash flow
0.43% dividend yield
Trails peers (5/14)
Moderate moat 49/100
Evidence: High Range €7.47 – €12.44 Share as image

Fair value as of: Jul 27, 2026

From 13 valuation models · updated 14 days ago

Share price +10.4% over the past month.

A solid business, but screening 74% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€12.44). The favourable scenario is already priced in.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
  • 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)

€52.49 €19.27 Fair Value €9.95 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range €19.27 – €52.49 · fair‑value band €7.47 – €12.44 · the €38.90 price screens above the €9.95 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

Full chart & analysis →

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

Analysis

Moltiply Group (MOL) currently trades at €38.90, while our model-based Fair Value estimate is €9.95, implying the stock looks roughly 74.4% overvalued today. The Quality Score stands at 61/100 (solid 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, Moltiply Group generated revenue of €747M at a net margin of 5.3%. Revenue grew 37.6% year over year. It earns a return on equity of 12.7%. Net debt stands at €363M. Fundamentals as of Jul 27, 2026

Our scenario range runs from €7.47 (bear case) to €12.44 (bull case); at €38.90, the current price sits above 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 22% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -74%, MOL screens richer 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
Growth DCF €29.56 €56.36 €103.73 80
Residual Income €7.06 €7.44 €8.06 76
Rev-Margin DCF €22.30 €50.10 €92.25 74
All 13 models by family
DCF Models
Owner Earnings €23.32 €57.38 €120.56 31
5Y P/E Exit €9.47 €20.47 €33.51 38
10Y P/E Exit €16.77 €31.06 €52.91 35
Earnings-Based
Graham-Dodd €5.21 €36.31 €50.95 54
Lynch FV €11.46 €16.37 €21.28 50
Dividend Discount
Gordon GGM €0.9300 €1.68 €2.32 70
DDM Multi-Stage €0.9300 €1.54 €1.80 61
Multiples
P/E Multiple €7.47 €9.95 €12.44 63
P/B Multiple €9.36 €12.47 €15.59 55
Asset-Based
NCAV (Graham) €4.45 €5.97 €8.91 50
Growth DCF
Growth DCF €29.56 €56.36 €103.73 80
Rev-Margin DCF €22.30 €50.10 €92.25 74
Economic Profit
Residual Income €7.06 €7.44 €8.06 76

Widest divergence: Growth DCF (€50.10) versus Dividend Discount (€1.54). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €747M
Revenue growth (YoY) +37.6%
Net margin 5.3%
Return on equity 12.7%
Free cash flow €114M FY2025
P/E ratio 34.3
More key figures
Operating margin 17.2%
EPS (TTM) €1.03
Dividend yield 0.4%
EPS growth (YoY) +4.1%
Net debt €363M FY2025

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 43

Profitability 46
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 71
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

Moltiply Group S.p.A. operates as a holding company in the financial services industry in Italy, Germany, and internationally. It operates through Moltiply BPO&Tech (BPO) and Mavriq (Broking) divisions. The Mavriq Division operates in the online comparison and intermediation of utility contracts, insurance products, bank products, and e-commerce offers.

Full company description

Moltiply Group S.p.A. operates as a holding company in the financial services industry in Italy, Germany, and internationally. It operates through Moltiply BPO&Tech (BPO) and Mavriq (Broking) divisions. The Mavriq Division operates in the online comparison and intermediation of utility contracts, insurance products, bank products, and e-commerce offers. This segment also provides Mavriq Telco & Energy, an online comparison and intermediation of electricity, gas and telco contracts; Mavriq Insurance, an online comparison and intermediation of insurance products; Mavriq Banking, an online comparison and intermediation of credit and other banking products; and Mavriq Shopping, a comparison shopping website and consumer review services. The Moltiply BPO&Tech Division provides business process outsourcing and IT platforms for the financial, insurance, and leasing/rental sectors; and offers a set of proprietary information technology solutions to client companies in its business areas. This segment is involved in Moltiply Banking which provides BPO services and IT solutions for loan origination and servicing, para-notary services, property valuation services, and comprehensive solutions including operational services and IT platforms to investment and asset management firms; Moltiply Lease that provides BPO and IT core solutions for leasing and long-term rental operators; and Moltiply Insurance which provides claims management and settlement outsourcing services. The company was formerly known as Gruppo MutuiOnline S.p.A. and changed its name to Moltiply Group S.p.A. in May 2024. Moltiply Group S.p.A. was founded in 2000 and is headquartered in Milan, Italy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Moltiply Group reported revenue of €685M in FY2025 versus €313M in FY2021, a compound +21.6%/yr. Reported net income was €28.6M in FY2025, compounding +15.0%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€685M
Latest YoY
+47.7%
Avg. growth/yr (3Y)
+30.1%
Avg. growth/yr (5Y)
+21.4%
Avg. growth/yr (21Y)
+23.1%
Revenue +21.6%/yr
FY21 €313M
FY22 €311M
FY23 €404M
FY24 €464M
FY25 €685M
Net income +15.0%/yr
FY21 €16.3M
FY22 €46.9M
FY23 €34.7M
FY24 €41.7M
FY25 €28.6M

MOL screens 74% overvalued. Compare with Visa Inc →

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). "Moltiply Group Fair Value". https://www.fairvalue-calculator.com/stock/MOL

Peer Group

Credit Services · 333 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 61 · Above median
Fair Value upside −74% · Bottom 25%
Return on equity (TTM) 13% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Below median
Operating margin (TTM) 17% · Below median
Revenue growth 38% · Top 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 1.37× · Higher than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 34.3× · Pricier than 75% of peers
P/B 4.58× · Pricier than 75% of peers
P/S (TTM) 2.04× · Cheaper than median
P/FCF 13.3× · Pricier than 75% of peers
EV/EBITDA 14.5× · 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 0 · sector 35
FUTURE 100 · sector 39
PAST 51 · sector 32
HEALTH 32 · sector 59
DIVIDEND 9 · sector 51

VALUE 0: the price sits above our fair-value range.

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

Compare Moltiply Group 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 Moltiply Group (MOL) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of €9.95 versus a price of €38.90, about −74% (overvalued).
What is the fair value of MOL?
Our model-based fair value for Moltiply Group is €9.95 (as of Jul 27, 2026), built from audited fundamentals. The current price is €38.90.
What is the quality score of MOL?
Moltiply Group has a Quality Score of 61/100. 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 Moltiply Group (MOL)?
Moltiply Group reported trailing-twelve-month revenue of about €747M (latest available figure, as of Jul 27, 2026).
What is the net profit margin of MOL?
The net profit margin of Moltiply Group is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Moltiply Group pay a dividend?
Moltiply Group currently shows a dividend yield of about 0.43% relative to its recent price (as of Jul 27, 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 Moltiply Group 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.