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Planethic Group (VEZ) Fair Value & Analysis

Consumer Defensive · DE · Market cap €2.4M

PG Planethic Group VEZ · XETRA
Price€1.34
Fair Value€0.8200
Upside-38.8%
Quality32/100
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Weak Growth
Loss-making · -44.7% net margin
High debt · negative free cash flow
Trails peers (3/11)
Narrow moat 14/100
Evidence: Low Range €0.6100 – €1.23 Share as image

Fair value as of: Jul 13, 2026

From 1 valuation models · updated 28 days ago

Share price −23.0% over the past month.

Below-average quality, and screening another 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€1.23). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (€0.6100 to €1.23) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€100.60 €0.8900 Fair Value €0.8200 Nov 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

57‑month range €0.8900 – €100.60 · fair‑value band €0.6100 – €1.23 · the €1.34 price screens above the €0.8200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

Planethic Group (VEZ) currently trades at €1.34, while our model-based Fair Value estimate is €0.8200, implying the stock looks roughly 38.8% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Consumer Defensive 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: low).

Over the trailing twelve months, Planethic Group generated revenue of €10.8M at a net margin of -44.7%. Revenue declined 48.4% year over year. Net debt stands at €8.8M. The stock trades on a trailing P/E of 0.2. Fundamentals as of Jul 13, 2026

Our scenario range runs from €0.6100 (bear case) to €1.23 (bull case); at €1.34, 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. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -39%, VEZ screens richer 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
NCAV (Graham) €0.6100 €0.8200 €1.23 50
All 1 models by family
Asset-Based
NCAV (Graham) €0.6100 €0.8200 €1.23 50

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Key figures & financial health

Revenue (TTM) €10.8M
Revenue growth (YoY) -48.4%
Net margin -44.7%
Return on equity -118%
Free cash flow −€4.5M FY2024
P/E ratio 0.1
More key figures
Operating margin 7.1%
EPS (TTM) €17.67
Net debt €8.8M FY2024

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 32/100

Of which business quality 29 · Market factors (momentum, volatility) 15

Profitability 13
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 4
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 55
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

Planethic Group AG provides vegan food products under the Veganz brand name in Germany, Austria, and Switzerland. It offers sweets, snacks, plant-based proteins, meat, fish, and cheese alternatives and eggs.

Full company description

Planethic Group AG provides vegan food products under the Veganz brand name in Germany, Austria, and Switzerland. It offers sweets, snacks, plant-based proteins, meat, fish, and cheese alternatives and eggs. The company's products include classic no added sugar, bliss balls nougat and peanut core, coconut original, roasted hazelnut, the mini biscuit, chocolate chip muffins, cream pastry, crispy nuggets, double choc muffins, fizzy cola, fruity peaches, gummy bears, bluebert, choc bar creamy caramel, choc bar white coconut, coconut and hazelnut choc bar, coconut-praline, cremebert, hazelnut brittle, protein choc bar cookie dough style and white almond crisp, strawberry choc bar, sour sticks, vegan classic schnitzel, and vegan lemon-pepper schnitzel products. The company was formerly known as Veganz Group AG and changed its name to Planethic Group AG in September 2025. The company was founded in 2011 and is based in Ludwigsfelde, Germany.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Planethic Group reported revenue of €10.8M in FY2024 versus €26.8M in FY2020, a compound −20.3%/yr. Reported net income was −€4.8M in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
€10.8M
Latest YoY
−34.2%
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.
−29.2%
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.
−10.6%
Revenue −20.3%/yr
FY20 €26.8M
FY21 €30.4M
FY22 €23.6M
FY23 €16.4M
FY24 €10.8M
Net income
FY20 −€4.9M
FY21 −€13.3M
FY22 −€11.0M
FY23 −€9.5M
FY24 −€4.8M

VEZ screens 39% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "Planethic Group Fair Value". https://www.fairvalue-calculator.com/stock/VEZ

Peer Group

Packaged Foods · 649 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 29 · Bottom 25%
Fair Value upside −39% · Below median
Return on assets -11% · Bottom 25%
Net margin (TTM) -45% · Bottom 25%
Operating margin (TTM) 7% · Above median
Revenue growth -48% · Bottom 25%
Debt / equity 5.68× · Higher than 75% of peers

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 0.1× · Cheaper than 75% of peers
P/B 1.65× · Pricier than median
P/S (TTM) 0.26× · Cheaper than 75% of peers

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Planethic Group (VEZ) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of €0.8200 versus a price of €1.34, about −39% (overvalued).
What is the fair value of VEZ?
Our model-based fair value for Planethic Group is €0.8200 (as of Jul 13, 2026), built from audited fundamentals. The current price is €1.34.
What is the quality score of VEZ?
Planethic Group has a Quality Score of 32/100. 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 Planethic Group (VEZ)?
Planethic Group reported trailing-twelve-month revenue of about €10.8M (latest available figure, as of Jul 13, 2026).
What is the net profit margin of VEZ?
The net profit margin of Planethic Group is about -44.7%, 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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