What is AM3D.DE's Intrinsic value?

SLM Solutions Group AG (AM3D.DE) Intrinsic Value Analysis

Executive Summary

As of June 18, 2025, SLM Solutions Group AG's estimated intrinsic value ranges from $0.00 to $0.00 per share, depending on the valuation methodology applied.

Valuation Method Fair Value (USD) Implied Upside/Downside

Is SLM Solutions Group AG (AM3D.DE) undervalued or overvalued?

With the current market price at $18.96, the stock appears to be significantly overvalued.

Understanding Intrinsic Value

Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate SLM Solutions Group AG's intrinsic value, including:

Weighted Average Cost of Capital (WACC)

The cost of capital is a critical factor in valuation models, representing the required return for investors.

WACC Component Low High
Long-term bond rate 2.6% 3.1%
Equity market risk premium 5.5% 6.5%
Adjusted beta 0.41 0.48
Cost of equity 5.3% 7.2%
Cost of debt 5.7% 7.0%
Tax rate 9.8% 15.1%
Debt/Equity ratio 0.12 0.12
After-tax WACC 5.3% 7.1%

Valuation Methods

Key Financial Metrics

Metric Value
Market Capitalization $590M
Enterprise Value $613M
Trailing P/E 0.00
Forward P/E 0.00
Trailing EV/EBITDA 6.40
Current Dividend Yield 0.00%
Dividend Growth Rate (5Y) 0.00%
Debt-to-Equity Ratio 0.12

Investment Decision Framework

To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:

  1. Forecast Certainty: DCF methods rely on long-term projections, while earnings power value focuses on current normalized earnings
  2. Business Model Alignment: Dividend models are more appropriate for mature companies with established dividend policies
  3. Historical Accuracy: How well each method has predicted fair value historically

Valuation Weight Matrix

Valuation Method Weight Weighted Value
Weighted Average 100% $0.00

Investment Conclusion

Based on our comprehensive valuation analysis, SLM Solutions Group AG's weighted average intrinsic value is $0.00, which is approximately 100.0% below the current market price of $18.96.

Key investment considerations:

  • Strong projected earnings growth (-23% to -1% margin)
  • Consistent cash flow generation
  • Conservative capital structure (Debt/Equity of 0.12)

Given these factors, we believe SLM Solutions Group AG is currently significantly overvalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.