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Value8 N.V (VALUE) Fair Value & Analysis

Financial Services · NL · Market cap €64.8M · ISIN NL0010661864

VN Value8 N.V VALUE · AS
Price€6.55
Fair Value€10.54
Upside+60.9%
Quality65/100
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Strengths

Trades 38% below our fair value of €10.54
Highly profitable · 83.1% net margin
Ranks above peers (10/13)
Wide moat 75/100

Risks

!Mixed Growth (revenue 5y −2.8 %/yr)
!Low debt · negative free cash flow
!Evidence only medium, so the estimate is less certain
Mixed Growth (revenue 5y −2.8 %/yr)
Highly profitable · 83.1% net margin
Low debt · negative free cash flow
3.09% dividend yield
Ranks above peers (10/13)
Wide moat 75/100
Evidence: Medium Range €7.90 – €13.17 Share as image

Fair value as of: Aug 28, 2026

From 2 valuation models · updated yesterday

Share price −3.0% over the past month.

A solid business, trading 38% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price is below even our cautious bear case (€7.90). The market is more pessimistic than our downside scenario.
  • Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

€6.85 €4.69 Fair Value €10.54 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range €4.69 – €6.85 · fair‑value band €7.90 – €13.17 · the €6.55 price screens below the €10.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Value8 N.V (VALUE) currently trades at €6.55, while our model-based Fair Value estimate is €10.54, implying the stock looks roughly 60.9% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Financial Services 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: medium), always confirm before acting.

Revenue declined 11.6% year over year. It earns a return on equity of 15.2%. Net debt stands at €17.5M. The stock trades on a trailing P/E of 3.8. Fundamentals as of Aug 28, 2026

Our scenario range runs from €7.90 (bear case) to €13.17 (bull case); at €6.55, the current price sits below 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 9% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -29% fair-value upside, at 61%, VALUE 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
P/B Multiple €7.91 €10.55 €13.18 55
NCAV (Graham) €6.20 €8.31 €12.41 50
All 2 models by family
Multiples
P/B Multiple €7.91 €10.55 €13.18 55
Asset-Based
NCAV (Graham) €6.20 €8.31 €12.41 50

Widest divergence: Multiples (€10.55) versus Asset-Based (€8.31). Highest evidence: P/B Multiple (55).

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Key figures & financial health

P/E ratio 3.8
P/S ratio 22.5 P/E × margin
EPS (TTM) €1.71 price ÷ EPS = P/E 3.8
Dividend yield 3.1% payout 11.8%
Net margin 83.1% TTM
Return on equity 15.2% TTM
More key figures
Profitability
Return on assets (EBIT) 8.0% avg 5y
Operating margin 90.1% TTM
Growth
Revenue growth (YoY) -11.6% 3y avg -11.6%
EPS growth (YoY) -31.5%
Balance sheet & cash flow
Free cash flow −€904K FY2025
Net debt €17.5M FY2025

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 59 · Market factors (momentum, volatility) 59

Profitability 47
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 84
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Value8 N.V. is a private equity firm specializing in middle market, buyout, add-on and growth capital investments in small and medium-sized companies. The firm primarily invests in the food, healthcare, business and financial services, energy, safety and security, water and environment, leisure, luxury products and internet sectors.

Full company description

Value8 N.V. is a private equity firm specializing in middle market, buyout, add-on and growth capital investments in small and medium-sized companies. The firm primarily invests in the food, healthcare, business and financial services, energy, safety and security, water and environment, leisure, luxury products and internet sectors. It typically invests in Western Europe, primarily in the Netherlands, Belgium and France. The firm considers investments in companies with an enterprise value between "10 million ($10.74 million) and "150 million ($208.87 million). The firm prefers to take a seat on the board of directors and seeks to exit the investment through a public listing. Value8 NV was founded in 2008 and is headquartered in Bussum, Netherlands.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Value8 N.V reported revenue of €2.9M in FY2025 versus €4.2M in FY2021, a compound −8.9%/yr. Reported net income was €16.9M in FY2025, compounding −2.2%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€2.9M
Avg. revenue 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.
+8.9%
Avg. revenue 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.
−2.8%
Avg. revenue growth/yr (20Y) 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.
−8.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+17.4% (14.3 + 3.1)
Revenue −8.9%/yr
FY21 €4.2M
FY22 €4.2M
FY23 €3.3M
FY24 €5.4M
FY25 €2.9M
Net income −2.2%/yr
FY21 €18.4M
FY22 −€2.5M
FY23 €5.8M
FY24 €7.1M
FY25 €16.9M

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Cite: Fair Value Calculator (2026). "Value8 N.V Fair Value". https://www.fairvalue-calculator.com/stock/VALUE

Peer Group

Asset Management · 723 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 65 · Above median
Fair Value upside +61% · Top 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 83% · Top 25%
Operating margin (TTM) 90% · Top 25%
Revenue growth -12% · Below median
Dividend yield (TTM) 3.2% · Below median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 3.8× · Cheaper than 75% of peers
P/B 0.63× · Cheaper than median
P/S (TTM) 3.70× · Pricier than median
EV/EBITDA 4.1× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 36
FUTURE0 · sector 14
PAST61 · sector 21
HEALTH100 · sector 96
DIVIDEND64 · sector 77

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

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $143.20 $52.88 -63%
Investor AB INVEB kr 417.20 kr 824.66 +98%
Brookfield Corporation BN C$58.60 C$7.74 -87%
KKR & Co KKR $108.50 $19.97 -82%
Apollo Global Management, Inc APO $133.67 $101.04 -24%
State Street Corporation STT $193.62 $138.33 -29%
Ameriprise Financial, Inc AMP $560.28 $515.24 -8%
Ares Management Corporation ARES $143.10 $30.88 -78%
Northern Trust Corporation NTRS $191.33 $122.02 -36%
Raymond James Financial, Inc RJF $176.69 $142.42 -19%

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Frequently asked questions

Is Value8 N.V (VALUE) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of €10.54 versus a price of €6.55, about +61% (undervalued).
What is the fair value of VALUE?
Our model-based fair value for Value8 N.V is €10.54 (as of Aug 28, 2026), built from audited fundamentals. The current price: €6.55.
What is the quality score of VALUE?
Value8 N.V has a Quality Score of 65/100. 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 net profit margin of VALUE?
The net profit margin of Value8 N.V is about 83.1%, meaning it keeps roughly 83.1% of revenue as net income. Based on the latest reported figures.
Does Value8 N.V pay a dividend?
Value8 N.V currently shows a dividend yield of about 3.09% relative to its recent price (as of Aug 28, 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.

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