Noratis AG (NUVA) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Noratis AG €0.09, price €0.05, upside +98.7%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
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 €0.0475 – €18.67 · fair‑value band €0.0408 – €0.1668 · the €0.0475 price screens below the €0.0944 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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Noratis AG, a real estate company, invests in, develops, manages, and sells residential property portfolios in Germany. It primarily focuses on a portfolio of apartments and residential areas. The company also invests in retail store properties. Noratis AG was founded in 2002 and is based in Eschborn, Germany.
Stock analysis
Noratis AG (NUVA) currently trades at €0.0475, while our model-based Fair Value estimate is €0.0944, implying the stock looks roughly 49.7% undervalued today.
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Valuation
How firm this estimate is: it rests on 12 models at a data quality of 91/100, which puts the evidence level at low.
Scenario range: €0.0408 (bear) to €0.1668 (bull), the price of €0.0475 sits inside 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 37/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Noratis AG reported revenue of €67.3M in FY2024 versus €28.7M in FY2020, a compound +23.7%/yr. Reported net income was −€28.1M in FY2024.
Key figures
Market cap €2.5M · P/S ratio 0.04 · EPS (TTM) €−2.00 · Dividend yield 0.9% · Net margin −41.7% · Return on equity −34.8% · Return on assets (EBIT) 1.2% · Operating margin 10.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 95% below its 52-week high and at its 52-week low.
For context, the median of 10 Real Estate peers we cover trades at 2% fair-value upside, at 99%, NUVA screens cheaper than that median.
Fair Value models
Bear €0.0408Fair Value €0.0944Bull €0.1668
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.
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.21/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+10.7%
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.
−3.1%
Revenue growth 5 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.
−2.4%
Revenue growth 10 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.
+14.9%
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Profit margin (trend) ⓘ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.
19.7% (2019) → −24.5% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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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.Real Estate - Development · 575 stocks
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). "Noratis AG Fair Value". https://www.fairvalue-calculator.com/stock/NUVA
Frequently asked questions
Is Noratis AG (NUVA) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of €0.0944 versus a price of €0.0475, about +99% upside (undervalued).
What is the fair value of NUVA?
Our model-based fair value for Noratis AG is €0.0944 (as of Sep 27, 2026), built from audited fundamentals. The current price: €0.0475.
What is the quality score of NUVA?
Noratis AG has a Quality Score of 37/100. 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 Noratis AG (NUVA)?
Our model-based price target is the fair value of €0.0944 (as of Sep 27, 2026) from 11 valuation models. Cautious scenario €0.0408, optimistic scenario €0.1668. It is a calculation from audited fundamentals, not an analyst target.
What is the Noratis AG stock forecast for 2026?
Our models put fair value at €0.0944, about +99% upside versus a price of €0.0475 (undervalued). Cautious scenario €0.0408, optimistic scenario €0.1668. The calculation is refreshed regularly with new filings.
What is the revenue of Noratis AG (NUVA)?
Noratis AG reported trailing-twelve-month revenue of about €68.3M (latest available figure, as of Sep 27, 2026).
Does Noratis AG pay a dividend?
Noratis AG currently shows a dividend yield of about 0.85% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of Noratis AG (NUVA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Noratis AG it is €0.0944 per share (as of Sep 27, 2026), against a price of €0.0475. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Noratis AG stock overvalued or undervalued in 2026?
As of Sep 27, 2026, NUVA trades below its calculated fair value: price €0.0475, fair value €0.0944, a gap of about +99% (undervalued). 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 NUVA?
No. The price is what the market pays today (€0.0475); the fair value is what the company's own numbers justify (€0.0944). For Noratis AG the two are €0.0469 per share apart. That gap is exactly why we show both numbers side by side.
How much is Noratis AG worth?
The market values Noratis AG at about €2.5M (market capitalisation, as of Sep 27, 2026). Per share that is €0.0475; our models calculate a fair value of €0.0944 per share.
What do the bullish and bearish scenarios say about NUVA?
Our models span a range for Noratis AG: cautious scenario €0.0408, base €0.0944, optimistic €0.1668 per share (as of Sep 27, 2026, price €0.0475). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Noratis AG (NUVA)?
Balance-sheet figures for Noratis AG (as of Sep 27, 2026): return on equity −34.8%, debt of 5.32 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is NUVA from its 52-week high?
Noratis AG trades at €0.0475, about 95% below its 52-week high of €1.01 and at the low of €0.0475 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €0.0944 is for.
Which stocks are comparable to Noratis AG?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, Hongkong Land Holdings, 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 Noratis AG stock attractive at the current price?
The data as of Sep 27, 2026: price €0.0475, calculated fair value €0.0944 (+99%), Quality Score 37/100, from 11 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 NUVA calculated?
We run Noratis AG through 11 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 €0.0944, 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 14.5 % above its aggregate fair value. Noratis AG currently trades 50 % below its own fair value, and the market average says nothing about that. 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 Noratis AG (NUVA)?
The closing price on Oct 2, 2026 was €0.0475. Our model-based fair value is €0.0944, about +99% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Noratis AG right now?
The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (€0.0408 to €0.1668). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Noratis AG
How large is the market capitalisation of Noratis AG (NUVA)?
The market capitalisation of Noratis AG is €2.5M. 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 P/S ratio of Noratis AG (NUVA)?
The price-to-sales ratio of Noratis AG is 0.04 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Noratis AG (NUVA)?
Earnings per share at Noratis AG are €−2.00. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Noratis AG (NUVA)?
The dividend yield of Noratis AG is 0.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Noratis AG (NUVA)?
The net margin of Noratis AG is −41.7% (fiscal year 2024). 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 Noratis AG (NUVA)?
The return on equity (ROE) of Noratis AG is −34.8% (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 Noratis AG (NUVA)?
On an EBIT basis the return on assets of Noratis AG is 1.2% (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 Noratis AG (NUVA)?
The operating margin of Noratis AG is 10.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Noratis AG (NUVA)?
Revenue at Noratis AG is growing +8.2% versus a year earlier (3y avg −3.1%). 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 Noratis AG (NUVA)?
Earnings per share at Noratis AG are growing −86.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Noratis AG (NUVA) generate?
The free cash flow of Noratis AG is €34.7M (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Noratis AG (NUVA) carry?
The net debt of Noratis AG is €344M (fiscal year 2024, ≈ 9.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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