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PRO DV AG (PDA0) Fair Value & Analysis

Technology · DE · Market cap €2.9M

PD PRO DV AG PDA0 · XETRA
Price€2.02
Fair Value€2.47
Upside+22.3%
Quality52/100
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Mixed Growth
Loss-making · -4.5% net margin
generates free cash flow
Trails peers (3/10)
Narrow moat 17/100
Evidence: Low Range €1.78 – €3.15 Share as image

Fair value as of: Jul 18, 2026

From 7 valuation models · updated 23 days ago

Fair value updated Jul 18, 2026, revised from €3.32 to €2.47 (−25.6%) since Jun 24, 2026. Share price −1.0% over the past month.

A solid business, screening 22% undervalued on our models.

What matters now

  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

€5.97 €1.78 Fair Value €2.47 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range €1.78 – €5.97 · fair‑value band €1.78 – €3.15 · the €2.02 price screens below the €2.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

PRO DV AG (PDA0) currently trades at €2.02, while our model-based Fair Value estimate is €2.47, implying the stock looks roughly 22.3% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Technology 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: low), always confirm before acting.

Over the trailing twelve months, PRO DV AG generated revenue of €4.1M at a net margin of -4.5%. Revenue grew 25.2% year over year. It earns a return on equity of -14.2%. Fundamentals as of Jul 18, 2026

Our scenario range runs from €1.78 (bear case) to €3.15 (bull case); at €2.02, 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 32% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 22%, PDA0 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 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. Evidence
Highest evidence
Growth DCF €1.64 €2.12 €2.68 72
Rev-Margin DCF €1.67 €2.48 €3.40 67
NCAV (Graham) €0.4100 €0.5600 €0.8300 50
All 7 models by family
DCF Models
FCF DCF €1.64 €2.19 €2.87 38
5Y Revenue Exit €1.67 €2.47 €3.47 39
10Y Revenue Exit €1.60 €2.25 €3.10 36
Multiples
EV/Revenue €1.78 €2.47 €3.15 43
Asset-Based
NCAV (Graham) €0.4100 €0.5600 €0.8300 50
Growth DCF
Growth DCF €1.64 €2.12 €2.68 72
Rev-Margin DCF €1.67 €2.48 €3.40 67

Widest divergence: Multiples (€2.47) versus Asset-Based (€0.5600). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) €4.1M
Revenue growth (YoY) +25.2%
Net margin -4.5%
Return on equity -14.2%
Free cash flow €252K FY2022
Operating margin 4.1%
More key figures
EPS (TTM) €-0.1300
EPS growth (YoY) +2,591%
Net cash €265K FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 39

Profitability 29
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 100
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

PRO DV AG operates as an IT consulting company in Germany. The company offers business analysis, architecture consulting, and project and security management services.

Full company description

PRO DV AG operates as an IT consulting company in Germany. The company offers business analysis, architecture consulting, and project and security management services. It also provides business process services; identity and access management solutions; business continuity management and information security services; secure modern collaboration; and workforce management services. In addition, the company offers solutions for disaster control, staff, and command, such as civil protection; and TecBOS.Command, a solution for cross-level, professional staff, and management support, including mission tracking, staff communication, mission diary, report management, force and resource management, scheduling, situation map, and others. It serves telecommunications, energy, transportation and traffic, state and administration sectors. The company was founded in 1979 and is based in Dortmund, Germany.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PRO DV AG reported revenue of €4.1M in FY2025 versus €3.3M in FY2021, a compound +5.8%/yr. Reported net income was −€182K in FY2025.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€4.1M
Latest YoY
+9.4%
Avg. growth/yr (3Y) 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.
−0.8%
Avg. growth/yr (5Y) 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.
+6.5%
Avg. growth/yr (15Y) 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.
+7.7%
Revenue +5.8%/yr
FY21 €3.3M
FY22 €4.2M
FY23 €4.5M
FY24 €3.7M
FY25 €4.1M
Net income
FY21 €93.9K
FY22 €261K
FY23 €380K
FY24 €86.8K
FY25 −€182K
Character of growth · EPS growth decomposed (2014-2025) +15.9 % p.a.
Revenue per share +8.0 pp

of which total revenue +3.4 pp · buybacks/dilution +4.6 pp

EBIT margin +14.9 pp
Tax rate +0.0 pp
Residual (interest, one-offs) −7.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "PRO DV AG Fair Value". https://www.fairvalue-calculator.com/stock/PDA0

Peer Group

Information Technology Services · 477 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 52 · Below median
Fair Value upside +22% · Above median
Return on assets -5% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 4% · Below median
Revenue growth 25% · Top 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 2.82× · Pricier than median
P/S (TTM) 0.82× · Cheaper than median
P/FCF 13.3× · Pricier than 75% of peers

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 63 · sector 21
FUTURE 100 · sector 29
PAST 0 · sector 37
HEALTH 0 · sector 97
DIVIDEND 0 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is PRO DV AG (PDA0) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of €2.47 versus a price of €2.02, about +22% (undervalued).
What is the fair value of PDA0?
Our model-based fair value for PRO DV AG is €2.47 (as of Jul 18, 2026), built from audited fundamentals. The current price is €2.02.
What is the quality score of PDA0?
PRO DV AG has a Quality Score of 52/100. 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 PRO DV AG (PDA0)?
PRO DV AG reported trailing-twelve-month revenue of about €4.1M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PDA0?
The net profit margin of PRO DV AG is about -4.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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