No quality points
The method gives banks and insurers no cash flow grade, so there is no total. The other three grades are below.
No range
No price yet for European companies. The reason is given under Valuation.
What this means. The quality points show how many of the published rules for balance sheet, profitability, cash flow and growth the latest reports meet. Separately, the range shows how the latest closing share price compares with the company’s own valuation history.
What it does not mean. Neither the points nor the range is a price target, a forecast or a recommendation to buy or sell. A company with many points can be richly valued, and a price below its range often has a reason.
When a new report changes a grade, Pro tells you why. You do not have to check every report yourself.
Watchlist and alertsOther companies in Financials, analysed under the same rules. With Plus you filter by grades and figures and put them side by side.
Companies in FinancialsEvery figure with its five thresholds and the rounding to the grade. With a free account for every company, over 5 years.
To the calculationAll values come from the annual financial reports in the European single electronic format ESEF (consolidated IFRS accounts). Each figure is checked against five fixed thresholds; each threshold reached counts one point. The grade is the rounded mean of its figures.
How well the company can cover its financial obligations.
Equity ratio 7.2%
What is behind each grade
Every figure with its five thresholds, the distance to the next one and the rounding to the grade. With a free account: email only, no payment details.
Keep reading for freeHow effectively it turns revenue into operating profit.
Operating margin 46.8% · Return on equity 17.0%
How much cash remains after operating costs and investment.
Not given for banks and insurers: their cash flow follows lending and deposits, not earning power.
How quickly revenue and operating profit have increased.
Revenue growth per year 13.0% · Operating income per year 25.7%
Too few companies with quality points in this industry at present to place this one.
No range is reported for this company. For European companies we do not show prices or a range yet: a licensed price series from the European exchanges is still missing. The grades are not affected, they only use the annual financial report.
Every figure comes from the annual report of that year and has not been revised afterwards. Amounts in EUR. Negative net debt means more cash than financial debt.
Amounts in EUR, as in the consolidated IFRS accounts the company publishes in the European single electronic format ESEF. Loaded via the XBRL International archive (filings.xbrl.org).
More than a snapshot
Revenue, earnings and cash flow by fiscal year show how steadily the company performs. With a free account over 5 years.
Keep reading for freeSee when something changed
When each grade changed and why, since the first analysis. With Pro, plus an alert for each new report that changes a grade on your watchlist.
Discover ProHow the company developed over time
Every earlier analysis with its date: quality points, the four grades, position against the range and how many companies had fewer points that day. With Plus.
Discover Plus| Company figures | Annual financial reports in the European single electronic format ESEF, machine-readable version (inline XBRL) of the consolidated IFRS accounts, loaded via the XBRL International archive (filings.xbrl.org). LEI K8MS7FD7N5Z2WQ51AZ71. Not estimated, not smoothed. |
|---|---|
| Prices | For European companies we do not show prices or a range yet: a licensed price series from the European exchanges is still missing. The grades are not affected, they only use the annual financial report. |
| Latest filing | ESEF as of 31 Dec 2025 fiscal year to 31 Dec 2025 · fiscal year to 31 Dec 2024 · fiscal year to 31 Dec 2023 · fiscal year to 31 Dec 2022 · fiscal year to 31 Dec 2021 · fiscal year to 31 Dec 2020 |
| Rule set | Version 3.1.0 |
| Time horizon | The grades describe a state that can change with every annual report, so roughly quarterly. The forward test is first evaluated after 36 months. |
| Editor | Florian Maier |
| Produced on | 25.10.2026 21:17 |
| Conflicts of interest | see the transparency note |
Not investment advice and not an investment recommendation. Limits of the method and assumptions: risk notice.