Cairo Communication stock: fair value
CAI.MIThe fair value of Cairo Communication under our model is $6.61, the price is 62% 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 $5.51 and expensive above $8.26 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $8.10 (cash-flow model) and $5.13 (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 9.9%. At 10.9% the fair value would be $6.08, at 8.9% it would be $7.33.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (15.4).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.5%. Discounted at 9.9% (government bond yield 3.5% plus beta 0.96 times a risk premium of 6.7%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $8.10 per share: free cash flow for the next ten years, each year discounted to today at 9.9%, 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 9.9%) |
|---|---|---|---|---|
| 2026 | $77.05M | extrapolated at −8.0% | 0.9098 | $70.11M |
| 2027 | $73.54M | extrapolated at −4.6% | 0.8278 | $60.88M |
| 2028 | $71.96M | extrapolated at −2.1% | 0.7532 | $54.2M |
| 2029 | $71.64M | extrapolated at −0.4% | 0.6853 | $49.1M |
| 2030 | $72.17M | extrapolated at 0.7% | 0.6235 | $45M |
| 2031 | $73.31M | extrapolated at 1.6% | 0.5673 | $41.59M |
| 2032 | $74.89M | extrapolated at 2.2% | 0.5162 | $38.65M |
| 2033 | $76.8M | extrapolated at 2.6% | 0.4696 | $36.07M |
| 2034 | $78.99M | extrapolated at 2.9% | 0.4273 | $33.75M |
| 2035 | $81.4M | extrapolated at 3.0% | 0.3888 | $31.64M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $460.99M |
| Terminal value: cash flow 2035 × (1 + 3.5%) / (9.9% − 3.5%) | $1.32B |
| Present value of terminal value (× 0.3888) | $511.92M |
| Equity value (sum plus present value of terminal value) | $972.91M |
| Shares (diluted) | 120.16M |
| Value per share (equity value divided by shares) | $8.10 |
| Earnings per share, last twelve months | $0.33 |
| × 15.4 (industry P/E) | $5.13 |
| Fair value (average of both parts) | $6.61 |
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 Neutral, published since 7 Nov 2026 (in the score history since 31 Mar 2024)
- Valuation signal Undervalued since 13 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.