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Nabaltec AG (NTG) Fair Value & Analysis

Basic Materials · DE · Market cap €107M

NA Nabaltec AG NTG · XETRA
Price€12.75
Fair Value€15.21
Upside+19.3%
Quality95/100
Evidence: High Range €12.91 – €19.77

Fair value as of: Jun 24, 2026

From 15 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from €12.84 to €15.21 (+18.5%) since Jun 23, 2026. Share price +7.0% over the past month.

Price vs Fair Value (12 months)

€14.66 €9.92 Fair Value €15.21 Jun 2025 Jun 2026

12‑month range €9.92 – €14.66 · fair‑value band €12.91 – €19.77 · the €12.75 price screens below the €15.21 fair value. As of Jun 24, 2026.

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Analysis

Nabaltec AG (NTG) currently trades at €12.75, while our model-based Fair Value estimate is €15.21 — implying the stock looks roughly 19.3% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Nabaltec AG generated revenue of €197M at a net margin of 4.4%. Revenue declined 1.8% year over year. It earns a return on equity of 5.5%. Net debt stands at €18.5M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €197M
Revenue growth (YoY) -1.8%
Net margin 4.4%
Return on equity 5.5%
Free cash flow −€9.8M FY2025
P/E ratio 12.3
More key figures
Operating margin 5.1%
EPS (TTM) €0.9900
Dividend yield 2.5%
EPS growth (YoY) -36.3%
Net debt €18.5M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Nabaltec AG develops, manufactures, and distributes specialized products based on aluminum hydroxide and aluminum oxide in Germany, rest of Europe, the United States, and internationally. It operates in two segments: Functional Fillers and Specialty Oxides. The company offers flame retardants filling materials for plastic industry for use in data centers, photovoltaic and wind power plants, tunnels, airports, high-rise buildings, and electronic devices; fillers and additives as coating materials in separators and electrodes in lithium-ion batteries, all natural barrier layer and flame retardants in battery covers; ceramic raw material to be applied in the refractory industry, in technical ceramics, and abrasives industry; and specialized raw material for ballistics microelectronics and ceramic fillers. The company was incorporated in 1994 and is headquartered in Schwandorf, Germany.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nabaltec AG reported revenue of €197M in FY2025 versus €190M in FY2021, a compound +1.0%/yr. Reported net income was €9.7M in FY2025, compounding −12.2%/yr from FY2021.

Revenue +1.0%/yr
FY21 €190M
FY22 €219M
FY23 €200M
FY24 €207M
FY25 €197M
Net income −12.2%/yr
FY21 €16.3M
FY22 €26.4M
FY23 €11.4M
FY24 €14.3M
FY25 €9.7M

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Frequently asked questions

Is Nabaltec AG (NTG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €15.21 versus a price of €12.75 — about +19% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NTG?
Our 21-model fair value for Nabaltec AG is €15.21 (as of Jun 24, 2026), built from audited fundamentals. The current price is €12.75.
What is the quality score of NTG?
Nabaltec AG has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nabaltec AG (NTG)?
Nabaltec AG reported trailing-twelve-month revenue of about €197M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of NTG?
The net profit margin of Nabaltec AG is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Nabaltec AG pay a dividend?
Nabaltec AG currently shows a dividend yield of about 2.48% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.