NFON AG

Recommendation

Buy

Price Target

€12.10

Upside

96.75%

Chart
  • 1M
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  • 6M
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€6.15

€0.15 (2.50%)
Realtime-Data from 18.09.2025 13:43:54

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
€101.85M
Enterprise Value
€111.69M
26 week avg vol.
7475
Primar Exchange
Xetra
IPO
2018
Sector
Media & Telecommunication
Headquarters
Munich, DE
Employees
426
Incorporated
2007
CEO
Patrik Heider
Free Float
13.30%
Günter Müller
35.90%
Active Ownership Capital
29.50%
Universal Investment
8.30%
Gerlin/Teslin
7.00%
Morgan Stanley
6.00%
20.11.2025
Publication of Q3 report

KPIs in EUR

KPI20242025e2026e
Sales87.34M90.74M103.06M
EBITDA10.83M12.43M16.84M
EBIT2.65M5.37M10.25M
EPS0.040.230.45
FCF6.42M6.53M8.19M

Valuation

KPI20242025e2026e
EV / Sales1.28x1.16x0.94x
EV / EBITDA10.32x8.46x5.76x
EV / EBIT42.20x19.60x9.46x
Price / Earnings143.45x26.56x13.68x
EV / FCF17.40x16.12x11.85x

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