GPI stock: fair value
GPI.MIThe fair value of GPI under our model is $16.49, the price is 1% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Fairly valuedIn our model the price counts as cheap below $11.78 and expensive above $27.48 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $4.91 (cash-flow model) and $28.07 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 16.7%. At 17.7% the fair value would be $16.30, at 15.7% it would be $16.71.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (44.7).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.5%. Discounted at 16.7% (government bond yield 3.5% plus beta 1.97 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 $4.91 per share: free cash flow for the next ten years, each year discounted to today at 16.7%, 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 16.7%) |
|---|---|---|---|---|
| 2026 | $12.24M | extrapolated at 31.2% | 0.8569 | $10.49M |
| 2027 | $15.04M | extrapolated at 22.9% | 0.7343 | $11.05M |
| 2028 | $17.61M | extrapolated at 17.1% | 0.6292 | $11.08M |
| 2029 | $19.9M | extrapolated at 13.0% | 0.5391 | $10.73M |
| 2030 | $21.92M | extrapolated at 10.2% | 0.4620 | $10.13M |
| 2031 | $23.71M | extrapolated at 8.2% | 0.3959 | $9.38M |
| 2032 | $25.31M | extrapolated at 6.8% | 0.3392 | $8.59M |
| 2033 | $26.78M | extrapolated at 5.8% | 0.2907 | $7.78M |
| 2034 | $28.14M | extrapolated at 5.1% | 0.2491 | $7.01M |
| 2035 | $29.44M | extrapolated at 4.6% | 0.2134 | $6.28M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $92.52M |
| Terminal value: cash flow 2035 × (1 + 3.5%) / (16.7% − 3.5%) | $231.04M |
| Present value of terminal value (× 0.2134) | $49.31M |
| Equity value (sum plus present value of terminal value) | $141.83M |
| Shares (diluted) | 28.89M |
| Value per share (equity value divided by shares) | $4.91 |
| Earnings per share, last twelve months | $0.63 |
| × 44.7 (industry P/E) | $28.07 |
| Fair value (average of both parts) | $16.49 |
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 Weak, published since 7 Nov 2026 (in the score history since 24 Apr 2026)
- Valuation signal Fairly valued 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.