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Primoco UAV SE (PRIUA) Fair Value & Analysis

Industrials · CZ · Market cap 3.6B CZK

PU Primoco UAV SE PRIUA · PR
Price774.00 CZK
Fair Value464.47 CZK
Upside-40.0%
Quality63/100
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Healthy Growth
Loss-making · -40.4% net margin
generates free cash flow
Ranks above peers (8/11)
Moderate moat 57/100
Evidence: High Range 348.37 CZK – 580.58 CZK Share as image

Fair value as of: Jul 18, 2026

From 23 valuation models · updated 24 days ago

Share price −2.8% over the past month.

A solid business, but screening 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (580.58 CZK). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

1,250 CZK 250.00 CZK Fair Value 464.47 CZK Mar 2021 Jun 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 250.00 CZK – 1,250 CZK · fair‑value band 348.37 CZK – 580.58 CZK · the 774.00 CZK price screens above the 464.47 CZK fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Primoco UAV SE (PRIUA) currently trades at 774.00 CZK, while our model-based Fair Value estimate is 464.47 CZK, implying the stock looks roughly 40.0% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Industrials 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, Primoco UAV SE generated revenue of 8.7M CZK at a net margin of -40.4%. It earns a return on equity of 8.8%. The stock trades on a trailing P/E of 34.9. Fundamentals as of Jul 18, 2026

Our scenario range runs from 348.37 CZK (bear case) to 580.58 CZK (bull case); at 774.00 CZK, 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 33% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at -40%, PRIUA 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 920.89 CZK 1,660 CZK 2,850 CZK 72
Growth-Adj P/E 708.78 CZK 1,013 CZK 1,316 CZK 68
ROIC Compounder 319.95 CZK 386.65 CZK 463.15 CZK 67
All 23 models by family
DCF Models
FCF DCF 973.91 CZK 1,444 CZK 2,909 CZK 38
Owner Earnings 335.44 CZK 617.79 CZK 1,189 CZK 31
5Y Revenue Exit 434.56 CZK 562.89 CZK 822.08 CZK 39
5Y EBITDA Exit 567.37 CZK 831.38 CZK 1,346 CZK 41
5Y P/E Exit 609.36 CZK 1,104 CZK 1,756 CZK 38
10Y Revenue Exit 597.69 CZK 925.46 CZK 1,052 CZK 36
10Y EBITDA Exit 696.96 CZK 1,205 CZK 2,021 CZK 37
10Y P/E Exit 726.92 CZK 1,293 CZK 2,173 CZK 35
Earnings-Based
Graham-Dodd 150.40 CZK 1,049 CZK 1,472 CZK 54
Lynch FV 541.88 CZK 774.11 CZK 1,006 CZK 50
PEG = 1.0 541.88 CZK 774.11 CZK 1,006 CZK 46
EPV 297.10 CZK 327.70 CZK 354.10 CZK 59
Multiples
P/E Multiple 348.35 CZK 464.47 CZK 580.58 CZK 63
P/S Multiple 124.01 CZK 165.34 CZK 206.68 CZK 58
P/B Multiple 282.00 CZK 376.00 CZK 470.00 CZK 55
EV/EBIT 447.36 CZK 562.06 CZK 676.75 CZK 53
EV/EBITDA 394.77 CZK 491.93 CZK 589.09 CZK 54
EV/Revenue 207.45 CZK 252.10 CZK 296.74 CZK 43
Asset-Based
NCAV (Graham) 60.44 CZK 80.99 CZK 120.88 CZK 50
Growth DCF
Growth DCF 920.89 CZK 1,660 CZK 2,850 CZK 72
Economic Profit
Residual Income 141.07 CZK 187.53 CZK 673.19 CZK 61
ROIC Compounder 319.95 CZK 386.65 CZK 463.15 CZK 67
Growth Earnings
Growth-Adj P/E 708.78 CZK 1,013 CZK 1,316 CZK 68

Widest divergence: Growth DCF (1,660 CZK) versus Asset-Based (80.99 CZK). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) 8.7M CZK
Revenue growth (YoY) +10,603%
Net margin -40.4%
Return on equity 8.8%
Free cash flow 258M CZK FY2025
P/E ratio 34.9
More key figures
Operating margin 55.2%
EPS (TTM) 22.16 CZK
EPS growth (YoY) -37.8%

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 68 · Market factors (momentum, volatility) 41

Profitability 59
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 16
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 25
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

Primoco UAV SE manufactures and sells unmanned aerial vehicles and related aviation services primarily in Europe, the Middle East, Africa, and Asia. It is also involved in sublease of premises.

Full company description

Primoco UAV SE manufactures and sells unmanned aerial vehicles and related aviation services primarily in Europe, the Middle East, Africa, and Asia. It is also involved in sublease of premises. In addition, the company owns and operates the Písek-Kra"ovice airport; and sells aircraft, controllers, payloads, and spare parts, as well as related equipment and services. Primoco UAV SE was incorporated in 2015 and is based in Prague, the Czech Republic.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Primoco UAV SE reported revenue of 389M CZK in FY2025 versus 13.3M CZK in FY2021, a compound +132.8%/yr. Reported net income was 104M CZK in FY2025.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
389M CZK
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.
+222.4%
Revenue +132.8%/yr
FY21 13.3M CZK
FY22 103M CZK
FY23 598M CZK
FY24 444M CZK
FY25 389M CZK
Net income
FY21 −28.0M CZK
FY22 29.8M CZK
FY23 228M CZK
FY24 122M CZK
FY25 104M CZK

PRIUA screens 40% overvalued. Compare with General Electric Company →

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

Peer Group

Aerospace & Defense · 226 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 63 · Top 25%
Fair Value upside −40% · Above median
Return on equity (TTM) 9% · Below median
Return on assets 6% · Top 25%
Net margin (TTM) -40% · Bottom 25%
Operating margin (TTM) 55% · Top 25%
Revenue growth 10603% · Top 25%

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

P/E (TTM) 34.9× · Cheaper than median
P/B 0.30× · Cheaper than 75% of peers
P/S (TTM) 20.04× · Pricier than 75% of peers
P/FCF 0.7× · Cheaper 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 0 · sector 0
FUTURE 100 · sector 46
PAST 35 · sector 38
HEALTH 0 · sector 94
DIVIDEND 0 · sector 15

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.

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $381.22 $116.71 -69%
RTX Corporation RTX $195.93 $88.37 -55%
Airbus SE 1AIR €213.25 €86.20 -60%
The Boeing Company BA $217.11 $48.20 -78%
China CSSC Holdings 600150 ¥34.31 ¥21.90 -36%
HD Hyundai Heavy Industries Co 329180 466,000 KRW 272,966 KRW -41%
Hanwha Aerospace Co 012450 967,000 KRW 573,468 KRW -41%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 337.50 TRY 130.70 TRY -61%
Saab AB SAABB kr 520.40 kr 212.84 -59%
Kongsberg Gruppen ASA KOG kr 277.50 kr 106.93 -61%

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Frequently asked questions

Is Primoco UAV SE (PRIUA) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 464.47 CZK versus a price of 774.00 CZK, about −40% (overvalued).
What is the fair value of PRIUA?
Our model-based fair value for Primoco UAV SE is 464.47 CZK (as of Jul 18, 2026), built from audited fundamentals. The current price is 774.00 CZK.
What is the quality score of PRIUA?
Primoco UAV SE has a Quality Score of 63/100. 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 Primoco UAV SE (PRIUA)?
Primoco UAV SE reported trailing-twelve-month revenue of about 8.7M CZK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PRIUA?
The net profit margin of Primoco UAV SE is about -40.4%, 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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