Fuchs SE

FPE3.F · Basic Materials · Specialty Chemicals · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

4.24B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

4.14B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

3.35B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

3.91B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

6.64B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.59×

the ratio the screener ranks by

Margin of Safety

-69.8%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 4.24B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)4.00B USD
+②Net Cash Today14.86M USD
+③Growth Value220.74M USD
=Value4.24B USD

EPV of the Operations (NOPAT over WACC)

4.00B USD

Net cash today

+14.86M USD

Growth Value

+220.74M USD

Value

4.24B USD

①EPV (Earnings Power Value)

4.00B USD

②Net Cash Today

14.86M USD

③Growth Value

220.74M USD

Market value

Market Cap6.64B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-56.6%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 4.14B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE2.94B USD
+②Equity at Year 15, Today1.20B USD
=Value4.14B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

2.94B USD

②Equity at Year 15, Today

1.20B USD

Market value

Market Cap6.64B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-60.4%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 3.35B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF2.65B USD
+②Invested Capital at Year 15, Today679.14M USD
+③Net Cash Today14.86M USD
=Value3.35B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

2.65B USD

②Invested Capital at Year 15, Today

679.14M USD

③Net Cash Today

14.86M USD

Market value

Market Cap6.64B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-98.2%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 8.80%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.73×Market Risk Premium 6.00%= 8.90%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 143.46M USDPretax Income 503.29M USD= 28.50%

The tax the interest saves.

Interest Expense =EBIT 518.57M USD−Pretax Income 503.29M USD= 15.29M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 15.29M USDTotal Debt 202.37M USD×(1 − Tax Rate for WACC 28.50%)= 5.40%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 202.37M USDMarket Cap + Total Debt 6.64B USD + 202.37M USD= 2.96%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 97.04%×Cost of Equity 8.90%+Debt Weight 2.96%×Cost of Debt 5.40%= 8.80%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 3.47B USD − Total Liabilities 1.12B USD = Book Value Today 2.35B USD

Total Debt 202.37M USD − Cash and Short-Term Investments 217.24M USD = Net Debt Today -14.86M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-1.6%at most 5%passes131,000,000 / 133,071,683
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets3.4%at least -10.0%passes(477.42M USD − 359.83M USD) ÷ 3.47B USD
Price to bookMarket Cap ÷ Book Value Today2.83×at most 3×passes6.64B USD ÷ 2.35B USD
Operating marginOperating Income ÷ Revenue12.2%above 10.0%passes512.69M USD ÷ 4.19B USD
Revenue growthRevenue ÷ Revenue a Year Before − 114.1%above 10.0%passes4.19B USD / 3.67B USD
Net cash(Cash − Total Debt) ÷ Market Cap0.2%above -30%passes(217.24M USD − 202.37M USD) ÷ 6.64B USD
Operating efficiencyOperating Income ÷ Gross Profit35.0%above 25.0%passes512.69M USD ÷ 1.46B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

45.21 EUR

Enterprise value

5.89B EUR

the provider's own figure

EV / EBITDA

10.35×

Price / book

2.89×

the provider's book

Price / earnings

17.44×

Return on equity

17.6%

the provider's figure, not this page's

Profit margin

9.0%

Revenue growth

21.5%

Analyst target, mean

48.05 EUR

Analysts

9

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

3.64B3.92B3.67B4.19B

Gross profit

1.12B1.27B1.27B1.46B

Operating income

391.64M462.01M455.20M512.69M

EBITDA

operating income before depreciation and amortisation

487.68M569.47M559.37M634.99M

Pretax income

380.97M446.49M445.83M503.29M

Net income

276.39M312.44M314.58M359.83M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

284.17M320.21M321.93M370.76M

R&D

73.63M78.66M82.29M98.78M
Balance sheet, year end (USD)2022202320242025

Total assets

2.69B2.68B2.72B3.18B

Total liabilities

727.79M685.81M739.58M851.35M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

1.96B1.99B1.98B2.32B

Total debt

191.02M69.80M116.67M—

Cash and equivalents

126.99M193.89M152.08M262.23M

Net PP&E

fixed assets after depreciation

801.42M832.05M846.87M925.44M

Working capital

current assets less current liabilities

772.61M795.49M734.37M925.44M
Cash flow (USD)2022202320242025

Operating cash flow

136.59M601.60M406.25M477.42M

Capital expenditure

paid out, so below zero

—-91.96M-86.46M-108.18M

Depreciation and amortisation

100.31M108.58M101.04M116.41M

Free cash flow

operating cash flow plus capital expenditure

136.59M509.65M319.79M369.23M