Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
DCF Valuation
Base-case fair value
€24.94
Intrinsic €33.26 · 25% MOS
Base-case summary
Our base-case DCF for Mare Nostrum SA (ALMAR.XPAR) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 91.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from €5M in trailing free cash flow, this produces an intrinsic value of €33.26 per share. A 25% safety margin gives a fair value of €24.94.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
€5M
Cash & equivalents
€8M
Total debt
€6M
Shares outstanding
8M