Obermatt

Freenet

GER:FNTN · DE000A0Z2ZZ5
Wireless Telecommunication ServicesLarge

360

77
EV / EBIT87
Price / Owner Earnings60
Owner Earnings Yield90
Dividend Yield87
Price/Sales69
EV / Gross Profit57
Price/Book59
Return on Capital86
Cash Return on Capital80
Return on Equity71
EBIT Margin44
Gross Profitability51
Cash Conversion11
Accruals13
Owner Earnings Margin59
Sales growth96
Profit Growth53
Long-Term EPS Growth53
Owner Earnings Growth40
Reinvestment59
Price momentum34
Debt load73
Refinancing31
Debt Payback68
Liquidity83
Analyst ratings20
Opinion Changes50
Price Target Upside47
Market mood17
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Freenet generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGermany
IndustryWireless Telecommunication Services
SizeLarge
TypePublic Company
ExchangeXTRA
Founded2005
Employees272
Websitefreenet.ag
ISINDE000A0Z2ZZ5
Last UpdateApr 2, 2026
Themes
Digital MediaContent CreationVideo StreamingLifestyleBrand MarketingEnterprise Voip and TelephonyData Centers and FacilitiesStreaming MediaMobile Development ToolsVoIPInternetTelecommunications

Description

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. Business Segments The company offers a wide variety of products and services that are…

Analysis

Bargain bin

freenet AG falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 11.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 5%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator.

What to watch: A large part of the company's book value is the price paid for past acquisitions. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
85
2023202420252026

All-time high

100

Mar 2026

All-time low

31

Mar 2023

Average rank

84

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
69
36
44
58
Price/Earnings
78
66
64
70
Price/Book
59
30
30
59
Dividend Yield
87
82
76
72
Value (overall)
90
70
58
60

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →