| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 51.63 | 1668 |
| Intrinsic value (DCF) | 1.05 | -64 |
| Graham-Dodd Method | 1.32 | -55 |
| Graham Formula | 4.07 | 39 |
ALBIS Leasing AG is a Germany-based financial services company specializing in leasing, hire purchase, and rental solutions for medium-sized businesses. Founded in 1986 and headquartered in Hamburg, the company operates primarily in the German market, offering tailored financing solutions to support business growth and capital investments. As a niche player in the financial credit services sector, ALBIS Leasing AG focuses on providing flexible and customer-centric leasing arrangements, differentiating itself from traditional banking institutions. The company’s business model emphasizes long-term client relationships and sector-specific expertise, particularly in industries requiring equipment and machinery financing. With a market capitalization of approximately €57.7 million, ALBIS Leasing AG remains a small but stable player in the German leasing market. Its conservative financial approach, reflected in a low beta of 0.08, suggests resilience to broader market volatility. The company’s commitment to sustainable growth is evident in its steady revenue and net income performance, making it a relevant option for investors seeking exposure to Germany’s mid-market financial services sector.
ALBIS Leasing AG presents a stable but low-growth investment opportunity, primarily appealing to investors seeking exposure to Germany’s niche leasing market. The company’s low beta (0.08) indicates minimal correlation with broader market movements, suggesting defensive characteristics. However, its small market cap (~€57.7M) and limited international presence may deter growth-focused investors. Financials show modest profitability (€4.5M net income in FY 2023) and a healthy operating cash flow (€17.3M), but high total debt (€182.5M) relative to equity raises leverage concerns. The dividend yield (~1.7% based on a €0.09/share payout) is modest. While the company benefits from a specialized mid-market focus, its growth prospects are constrained by regional concentration and competition from larger financial institutions. Suitable for conservative portfolios, but lacks catalysts for significant upside.
ALBIS Leasing AG operates in a competitive German leasing market dominated by larger banks and specialized financial institutions. Its primary competitive advantage lies in its focus on medium-sized businesses, offering personalized leasing solutions that larger players may overlook. The company’s deep regional expertise and long-standing client relationships provide a defensive moat, but its small scale limits pricing power and technological investments compared to major competitors. Unlike universal banks, ALBIS avoids broad credit risk by specializing in asset-backed leasing, reducing default exposure. However, its reliance on the German market (~100% of revenue) exposes it to regional economic downturns, while competitors like Grenke AG benefit from pan-European diversification. ALBIS’s low-cost structure (minimal capex of just €62k in 2023) supports margins, but its high debt load (€182.5M) could constrain flexibility in a rising-rate environment. The company’s niche positioning shields it from direct competition with fintech disruptors, but its lack of digital innovation risks losing tech-savvy SMEs to more agile rivals. Overall, ALBIS competes on specialization and trust but lacks the scale or geographic reach to outperform in a consolidating industry.