Next Geosolutions Europe SpA

LV8.F · Energy · Oil & Gas Equipment & Services · 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

767.97M USD

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

Profit

5.73B USD

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

FCFF

3.90B USD

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

Average Intrinsic Value

3.47B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

837.14M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

4.14×

the ratio the screener ranks by

Margin of Safety

+75.8%

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: 767.97M 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)865.38M USD
−②Net Debt Today97.41M USD
+③Growth Value0 USD
=Value767.97M USD

EPV of the Operations (NOPAT over WACC)

865.38M USD

Net debt today

-97.41M USD

Growth Value

0 USD

Value

767.97M USD

①EPV (Earnings Power Value)

865.38M USD

②Net Debt Today

97.41M USD

③Growth Value

0 USD

Market value

Market Cap837.14M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-9.0%

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): 5.73B 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 FCFE3.90B USD
+②Equity at Year 15, Today1.83B USD
=Value5.73B 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

3.90B USD

②Equity at Year 15, Today

1.83B USD

Market value

Market Cap837.14M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+85.4%

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): 3.90B 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 FCFF2.86B USD
+②Invested Capital at Year 15, Today1.14B USD
−③Net Debt Today97.41M USD
=Value3.90B 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 falling 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

2.86B USD

②Invested Capital at Year 15, Today

1.14B USD

③Net Debt Today

97.41M USD

Market value

Market Cap837.14M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+78.6%

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: 8.36%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.89×Market Risk Premium 6.00%= 9.81%

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 8.65M USDPretax Income 67.33M USD= 12.84%

The tax the interest saves.

Interest Expense =EBIT 69.66M USD−Pretax Income 67.33M USD= 2.33M USD

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

Cost of Debt =Interest Expense 2.33M USDTotal Debt 169.35M USD×(1 − Tax Rate for WACC 12.84%)= 1.20%

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

Debt Weight =Total Debt 169.35M USDMarket Cap + Total Debt 837.14M USD + 169.35M USD= 16.83%

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

WACC =Equity Weight 83.17%×Cost of Equity 9.81%+Debt Weight 16.83%×Cost of Debt 1.20%= 8.36%

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 539.61M USD − Total Liabilities 293.87M USD = Book Value Today 245.73M USD

Total Debt 169.35M USD − Cash and Short-Term Investments 71.93M USD = Net Debt Today 97.41M 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 − 10.0%at most 5%passes48,000,000 / 48,000,000
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets1.1%at least -10.0%passes(62.62M USD − 56.59M USD) ÷ 539.61M USD
Price to bookMarket Cap ÷ Book Value Today3.41×at most 3×does not pass837.14M USD ÷ 245.73M USD
Operating marginOperating Income ÷ Revenue21.6%above 10.0%passes69.63M USD ÷ 322.98M USD
Revenue growthRevenue ÷ Revenue a Year Before − 11.7%above 10.0%does not pass322.98M USD / 317.69M USD
Net cash(Cash − Total Debt) ÷ Market Cap-11.6%above -30%passes(71.93M USD − 169.35M USD) ÷ 837.14M USD
Operating efficiencyOperating Income ÷ Gross Profit25.9%above 25.0%passes69.63M USD ÷ 268.74M USD

Market Data

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

Share price

15.57 EUR

Enterprise value

839.19M EUR

the provider's own figure

EV / EBITDA

10.49×

Price / book

3.59×

the provider's book

Price / earnings

16.20×

Return on equity

26.5%

the provider's figure, not this page's

Profit margin

12.3%

Revenue growth

95.0%

Analyst target, mean

—

Analysts

—

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

58.14M90.36M317.69M322.98M

Gross profit

54.57M137.11M175.06M268.74M

Operating income

9.26M40.76M50.39M69.63M

EBITDA

operating income before depreciation and amortisation

11.04M43.50M57.65M83.08M

Pretax income

7.94M37.10M49.68M67.33M

Net income

7.88M32.33M44.92M56.59M

Normalized income

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

7.88M33.73M45.37M57.42M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

132.46M258.58M230.46M423.86M

Total liabilities

111.09M204.04M81.88M195.23M

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

21.38M54.46M148.50M223.86M

Total debt

31.62M30.66M22.71M62.75M

Cash and equivalents

10.94M19.69M87.86M106.64M

Net PP&E

fixed assets after depreciation

24.96M43.49M65.72M142.41M

Working capital

current assets less current liabilities

13.17M29.35M90.66M95.47M
Cash flow (USD)2022202320242025

Operating cash flow

14.05M33.27M61.37M62.62M

Capital expenditure

paid out, so below zero

-14.79M-22.77M-33.48M-54.46M

Depreciation and amortisation

2.41M4.50M6.30M13.42M

Free cash flow

operating cash flow plus capital expenditure

-742.73K10.49M27.89M8.15M