Auto Partner stock: fair value
APR.WAThe fair value of Auto Partner under our model is $9.92, the price is 27% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $7.63 and expensive above $14.17 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $7.03 (cash-flow model) and $12.81 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 10.6%. At 11.6% the fair value would be $9.30, at 9.6% it would be $10.85.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (14.7).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 5.6%. Discounted at 10.6% (floor: government bond yield 5.6% plus 5 percentage points, since beta 0.89 times the risk premium would give less); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $7.03 per share: free cash flow for the next ten years, each year discounted to today at 10.6%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 10.6%) |
|---|---|---|---|---|
| 2026 | $26.9M | extrapolated at 35.5% | 0.9045 | $24.33M |
| 2027 | $34.03M | extrapolated at 26.5% | 0.8181 | $27.84M |
| 2028 | $40.91M | extrapolated at 20.2% | 0.7400 | $30.27M |
| 2029 | $47.38M | extrapolated at 15.8% | 0.6693 | $31.71M |
| 2030 | $53.42M | extrapolated at 12.7% | 0.6054 | $32.34M |
| 2031 | $59.07M | extrapolated at 10.6% | 0.5475 | $32.35M |
| 2032 | $64.44M | extrapolated at 9.1% | 0.4952 | $31.91M |
| 2033 | $69.61M | extrapolated at 8.0% | 0.4479 | $31.18M |
| 2034 | $74.68M | extrapolated at 7.3% | 0.4052 | $30.26M |
| 2035 | $79.73M | extrapolated at 6.8% | 0.3665 | $29.22M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $301.4M |
| Terminal value: cash flow 2035 × (1 + 5.6%) / (10.6% − 5.6%) | $1.68B |
| Present value of terminal value (× 0.3665) | $616.87M |
| Equity value (sum plus present value of terminal value) | $918.27M |
| Shares (diluted) | 130.62M |
| Value per share (equity value divided by shares) | $7.03 |
| Earnings per share, last twelve months | $0.87 |
| × 14.7 (industry P/E) | $12.81 |
| Fair value (average of both parts) | $9.92 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = PLN 3.9742)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 13 Nov 2026, previously Strong
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.