Bijou Brigitte modische Accessoires stock: fair value
BIJ.DEThe fair value of Bijou Brigitte modische Accessoires under our model is $133.04, the price is 61% 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 $95.03 and expensive above $221.73 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $191.71 (cash-flow model) and $74.37 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $117.17, at 6.1% it would be $156.83.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (17.6).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 2.1%. Discounted at 7.1% (floor: government bond yield 2.1% plus 5 percentage points, since beta 1.04 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 $191.71 per share: free cash flow for the next ten years, each year discounted to today at 7.1%, 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 7.1%) |
|---|---|---|---|---|
| 2026 | $75.7M | extrapolated at −0.6% | 0.9334 | $70.65M |
| 2027 | $75.87M | extrapolated at 0.2% | 0.8712 | $66.09M |
| 2028 | $76.47M | extrapolated at 0.8% | 0.8131 | $62.18M |
| 2029 | $77.39M | extrapolated at 1.2% | 0.7589 | $58.73M |
| 2030 | $78.54M | extrapolated at 1.5% | 0.7083 | $55.63M |
| 2031 | $79.86M | extrapolated at 1.7% | 0.6611 | $52.8M |
| 2032 | $81.31M | extrapolated at 1.8% | 0.6171 | $50.18M |
| 2033 | $82.87M | extrapolated at 1.9% | 0.5760 | $47.73M |
| 2034 | $84.51M | extrapolated at 2.0% | 0.5376 | $45.43M |
| 2035 | $86.23M | extrapolated at 2.0% | 0.5017 | $43.26M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $552.7M |
| Terminal value: cash flow 2035 × (1 + 2.1%) / (7.1% − 2.1%) | $1.76B |
| Present value of terminal value (× 0.5017) | $883.8M |
| Equity value (sum plus present value of terminal value) | $1.44B |
| Shares (diluted) | 7.49M |
| Value per share (equity value divided by shares) | $191.71 |
| Earnings per share, last twelve months | $4.23 |
| × 17.6 (industry P/E) | $74.37 |
| Fair value (average of both parts) | $133.04 |
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 = €0.9024)
- 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 Strong, published since 7 Nov 2026 (in the score history since 6 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- 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.