Added to YB: 2026-07-13
Pitch date: 2026-05-07
NFN.DE [bullish]
NFON AG
+15.03%
current return
Author Info
No bio for this author
Company Info
NFON AG engages in the provision of integrated cloud business communication in Germany, Austria, the United Kingdom, Italy, the Netherlands, Poland, Spain, France, and Switzerland.
Market Cap
EUR 65.9M
Pitch Price
EUR 3.46
Price Target
6.92 (+74%)
Dividend
N/A
EV/EBITDA
9.62
P/E
47.79
EV/Sales
0.74
Sector
Diversified Telecommunication Services
Category
value
NFON AG - $NFN.DE
NFN.DE: German cloud-PBX/UCaaS SMB leader (~11% share) at ~0.5x NTM rev, ~6x EBITDA—40-60% peer discount. 92% recurring rev, 99.5% retention, net cash. AI products/CCaaS to reaccelerate growth; peers +30% YTD as 'AI winners,' NFON -7%. AOC owns 29.5%. STARFACE precedent 4.5x rev/13x EBITDA implies ~€400m EV vs €60m now. >2x MoM in 2yrs via re-rate or take-private. Risks: illiquid, Teams Phone.
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