NFON AG

Recommendation

Buy

Price Target

€11.10

Upside

206.63%

Chart
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€3.62

-€0.16 (-4.23%)
Realtime-Data from 23.09.2025 15:44:17

NFON is a leading European provider of integrated business communication with a focus on AI-based applications. NFON is active company in 15 European countries. As a long-term partner for small and medium-sized businesses, NFON combines technological innovation with user-friendly and efficient business communication solutions. With both AI-based technologies and operational excellence, NFON enables companies to harness the full potential that artificial intelligence offers - for optimised processes, more precise customer interactions and new growth opportunities. With its core product, a smart cloud communications platform, NFON offers hassle-free voice calls, simple video conferencing and seamless integration of CRM and collaboration tools for small and medium-sized companies. All of NFON’s cloud services are operated in certified data centres in Germany, with 100% of their energy needs covered by renewable sources.

ISIN
DE000A0N4N52
Market Cap
€59.95M
Enterprise Value
€69.79M
26 week avg vol.
7475
Primar Exchange
Xetra
IPO
2018
Sector
Media & Entertainment
Headquarters
Munich, DE
Employees
426
Incorporated
2007
CEO
Patrik Heider
Günter Müller
35.90%
Active Ownership Capital
29.50%
Free Float
13.30%
Universal Investment
8.30%
Gerlin/Teslin
7.00%
Morgan Stanley
6.00%

KPIs in EUR

KPI20242025e2026e
Sales87.34M88.19M96.29M
EBITDA10.83M10.46M13.44M
EBIT2.65M3.39M6.88M
EPS0.040.140.30
FCF6.42M5.22M6.18M

Valuation

KPI20242025e2026e
EV / Sales0.80x0.73x0.61x
EV / EBITDA6.45x6.18x4.34x
EV / EBIT26.37x19.03x8.48x
Price / Earnings84.44x26.58x12.26x
EV / FCF10.87x12.38x9.44x

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