| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 213.37 | 11887 |
| Intrinsic value (DCF) | 34.39 | 1832 |
| Graham-Dodd Method | 3.38 | 90 |
| Graham Formula | n/a |
DF Deutsche Forfait AG (DFTK.DE) is a specialized financial services firm headquartered in Grünwald, Germany, focusing on foreign trade finance and related services. The company operates primarily in the Middle East and Eastern Europe, offering solutions such as the collection of foreign trade receivables, project financing, factoring services, and consulting for exporters, importers, and financial institutions. With a strong presence in industries like food, pharmaceuticals, and healthcare, Deutsche Forfait plays a critical role in facilitating international trade by providing liquidity and risk mitigation. Founded in 2000, the company leverages its expertise in trade finance to bridge gaps in cross-border transactions, making it a key player in the capital markets segment of the financial services sector. Its services include loan origination, promissory note transactions, and payment processing, catering to businesses requiring structured trade finance solutions.
DF Deutsche Forfait AG presents a niche investment opportunity in the trade finance sector, with a focus on emerging markets like the Middle East and Eastern Europe. The company's FY 2024 financials show a net income of €1.88 million and diluted EPS of €0.16, indicating profitability despite a negative operating cash flow of €9.83 million. With a market cap of €18.07 million and a beta of -0.11, the stock exhibits low correlation to broader market movements, potentially offering diversification benefits. However, risks include exposure to geopolitical instability in its core markets and reliance on trade volumes, which can be cyclical. The lack of dividends may deter income-focused investors, but the firm’s strong cash position (€28.61 million) provides financial flexibility. Investors should weigh its specialized market positioning against macroeconomic risks in trade-dependent regions.
DF Deutsche Forfait AG operates in a specialized segment of trade finance, differentiating itself through deep regional expertise in the Middle East and Eastern Europe. Its competitive advantage lies in its ability to structure complex cross-border transactions, particularly in industries like pharmaceuticals and food, where supply chain financing is critical. The company’s focus on receivables collection and project financing allows it to serve SMEs and larger corporations that may face liquidity constraints in volatile markets. However, its small scale (€10.46 million revenue) limits its ability to compete with global trade finance giants. The firm’s negative operating cash flow suggests challenges in working capital management, though its strong cash reserves mitigate liquidity risks. Unlike larger competitors with diversified financial services, Deutsche Forfait’s narrow focus makes it vulnerable to sector-specific downturns but also allows for tailored client solutions. Its low beta indicates resilience to market swings, appealing to risk-averse investors seeking trade finance exposure.