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.
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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.
Indexa Capital Group is a holding company providing automated investment management and insurance brokerage services across Spain, Belgium, and France. Through its subsidiaries Indexa Capital AV, Bewater Asset Management, and Indexa Caravel, the company offers investment fund portfolios, individual and employment pension plans, life insurance, and retirement savings products designed to deliver lower costs and higher returns through global diversification. Indexa Capital AV operates as the leading independent automated investment manager in Spain since 2015, expanding to Belgium in 2020 and France in 2022. Bewater Asset Management manages closed-end collective investment funds, providing professional investors access to unlisted companies through diversified and single-investment fund structures. Indexa Caravel specializes in life-savings and retirement insurance products tailored to French regulatory requirements. Founded in 2014 and headquartered in Bilbao, Spain, Indexa Capital Group began trading on BME Growth in July 2023. The company prioritizes accessibility through an 'Always Low Prices' model while emphasizing long-term value creation and data-driven decision-making.
€13.70
+€0.20 (+1.48%)
EOD Jun 23, 2026 · Twelve Data
18.58% operating margin is respectable but not wide. ROIC at 19.91%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 36.5% YoY with margins expanding 4.0pp.
At 261x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
261.4x earnings, 409.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€7M
▲ +36.5% YoY
Net Income (TTM)
€765K
▲ +87.2% YoY
Op. Margin
18.58%
▲ +4.0pp YoY
ROIC
19.91%
▲ +4.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€489K
▲ +35.9% YoY
Op. Cash Flow (TTM)
€499K
▲ +24.1% YoY
Net Debt
-€395K
Net Cash Position
Cash & Equiv.
€2M
3Y CAGR: +32.8%
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